Adelayde hires New-Sense for Sisson North survey

Executive Summary

• Adelayde Exploration Inc. has engaged New-Sense Geophysics Ltd. to conduct a helicopter aeromagnetic/radiometric/VLF survey on its Sisson North tungsten project in New Brunswick, which directly borders the Sisson tungsten mine.
• The company highlighted its strong financial position and strategic focus on critical minerals, citing recent government funding for neighboring projects, rising tungsten and lithium prices, and a newly announced joint venture for lithium brine exploration in Nevada.
• Adelayde also announced its membership in the National Defense Industrial Association (NDIA) and outlined its broader portfolio of lithium, gold, antimony, and tungsten projects across Nevada and New Brunswick.

Key Details

• Technical Survey: Engaged New-Sense Geophysics Ltd. (Markham, Ont.) for a helicopter aeromagnetic/radiometric/VLF survey on the Sisson North tungsten project in New Brunswick.
• Project Context: Sisson North directly borders the Sisson tungsten mine, which was selected by Canadian PM Mark Carney on Nov. 13 as a nation-building project.
• Neighbor Funding: Northcliff Resources Ltd. secured ~$29 million in combined U.S. Department of Defense and Canadian government funding on Aug. 7, 2025, to advance its adjacent project.
• Lithium Joint Venture: Entered into a JV agreement on Jan. 28, 2026, to explore deep basin lithium brine potential in Clayton Valley, Nevada.
• JV Land Package: 115 mineral claims comprising 2,300 acres, located within and completely surrounded by SLB (formerly Schlumberger) and Pure Energy Minerals' lithium deposit.
• Clayton Valley Context: The only long-established producing lithium brine basin in the U.S., home to Albemarle's Silver Peak mine (sole U.S. producer since the 1960s).
• Industry Membership: Joined the National Defense Industrial Association (NDIA) on Jan. 22, 2026, to support advancement of its critical and strategic mineral portfolio.
• Lithium Resource Estimates (McGee Project): 320 million tonnes at 803 ppm Li for 1,369,000 indicated tonnes of LCE; 157 million tonnes at 865 ppm Li for 723,000 inferred tonnes of LCE.
• Portfolio Acreage: McGee lithium clay deposit (1,136 acres), Elon lithium brine project (280 acres), Green Clay lithium project (124 acres), Clayton Ridge gold project (248 acres, Esmeralda County, NV), George Lake South antimony project (4,722 acres, NB), and Sisson North tungsten project (9,780 acres, NB).
• Market & Commodity Context: CEO notes tungsten demand is growing across defense, energy, and advanced technology sectors; lithium prices nearly tripled since June 2025.
• Qualified Person: Paul Lemmon, PGeo, reviewed and approved technical contents per National Instrument 43-101.

Notable Quotes

• James Nelson, President: "The company is well financed and excited to be hiring a geological team with experience in New Brunswick as we begin working on the Sisson North tungsten project. Critical minerals, and tungsten in particular, have received increased attention in recent years as governments and industry seek to strengthen domestic supply chains and reduce reliance on foreign sources."
• James Nelson, President: "In addition, according to [the Trading Economics website], lithium prices have nearly tripled since June, 2025, and the company recently entered into a joint venture agreement to explore the deepest sections of the only lithium brine basin with production in North America, located in Clayton Valley, Nevada, directly bordering and completely surrounded by energy giant SLB (formerly Schlumberger). We look forward to a very active start to 2026 as the company is well financed to execute multiple planned exploration and work programs, with multiple chances for exploration success."