Bessor Announces Entering Option for the Redhill Property

Recent Announcement (May 26, 2026)

• Bessor Minerals Inc. has transitioned its interest in the Redhill property from a potential 100% acquisition to holding a 30% ownership interest.
• Copper One Resources Corp. entered an option agreement to earn a 100% interest through cash payments and work obligations over 10 years.
• Bessor retains a 0.6% Net Smelter Return (NSR) royalty on the property.
• Bessor is entitled to 30% of a $500,000 bonus payment triggered by milestones or commercial production.
• The agreement includes cash consideration totaling $915,000 over 10 years, with Bessor receiving 30% of these payments.

Positive Factors

• The Redhill project remains active with a partner (Copper One) assuming the primary exploration risk and capital expenditure burden ($900,000 work obligations).
• Bessor secures immediate cash flow rights (30% of $915,000 total consideration) without bearing the full cost.
• Retention of 0.6% NSR royalty provides long-term upside if production commences.

Corporate Profile

• Name: Bessor Minerals Inc.
• Focus: Exploration and development of mineral properties in Canada.
• Flagship Project: Redhill Property (British Columbia).
  • Location: South of Ashcroft, BC, Kamloops mining district.
  • Size: 18 claims, ~4,736 hectares (11,703 acres).
  • Type: Volcanogenic massive sulphide (VMS) target with historical copper and zinc mineralization.
• Secondary Assets:
  • Golden Eagle Property (Yukon).
  • 1% NSR royalty on claims at Blackwater Mine (operated by Artemis Gold Inc.).