Golden Age options Black Hawk, acquires Thompson claims

Executive Summary

• Golden Age Exploration entered an option agreement to acquire 100% of the Black Hawk gold project (330 ha) and simultaneously purchased a 100% interest in the adjacent 4,300‑ha Thompson claims for $26,000.
• The option may be exercised within four years by paying cash, issuing common shares, and incurring exploration expenditures; a 1.5% NSR royalty is granted (potentially reduced to 1.0% upon a $1 M payment).
• The company also disclosed an update on its early‑stage Magic property, outlining refined 2026 exploration plans (soil/rock sampling, trenching) and ongoing engagement with the Nazko First Nation.

Key Details

• Option Agreement – Black Hawk Project
• Up to 100% interest can be acquired by Golden Age prior to the fourth anniversary of the agreement.
• Consideration may include cash payments, issuance of common shares, and funded exploration expenditures (specific schedule not disclosed).
• A net smelter return royalty of 1.5 % is granted to the optionees; can be reduced to 1.0 % if Golden Age pays $1 M to the optionees.

• Milestone payment: $0.25 per gold‑equivalent ounce reported in a compliant technical report showing ≥ 1 million oz Au‑eq resources.

• Purchase Agreement – Thompson Claims

• Acquired an undivided 100% interest in the 4,300‑ha Thompson claims for $26,000 cash consideration.

• Magic Property (Nazko District)

• Early‑stage prospect covering four tenures totalling 1,294 ha, located ~75 km SW of Quesnel, BC.
• Option to acquire up to 80 % undivided interest; thereafter the arrangement becomes a joint venture.
• 2025 summer exploration delayed by permitting issues; company refined its Phase 1 MMI soil geochemical and rock sampling program for execution in spring/summer 2026.

• Planned trenching to delineate near‑surface mineralization, map structures controlling Au/Ag distribution, and generate assay‑ready samples.

• Community Relations

• Ongoing collaborative discussions with the Nazko First Nation; recent initial meeting held with Nazko Economic Development Corp. representatives.

Notable Quotes

(No direct CEO/President quotes were provided in the release.)