Argyle begins drilling at Lac Comporte silica project

Executive Summary

• Argyle Resources Corp. has received necessary permits and commenced its drilling program at the Lac Comporté Silica Project in Quebec.
• The drilling campaign is planned to comprise up to 3,000 metres of NQ-sized core, targeting high-grade quartzite horizons identified during a previous summer field program.
• Previous sampling from the targeted horizon returned assays of up to 98.52 per cent SiO2, highlighting the high-grade nature of the deposit.

Key Details

• Project Location: Lac Comporté Silica Project, Bas-Saint-Laurent region, Quebec, Canada.
• Drilling Scope: Up to 3,000 metres of NQ-sized core drilling.
• Target: The most encouraging results from the company's successful summer field program, specifically targeting a kilometric horizon of quartzite.
• Previous Assay Results: Four samples from the targeted horizon returned assays of up to 98 per cent SiO2.
• High-Grade Sample: Sample E715925 returned a high-grade result of 98.52 per cent SiO2.
• Qualified Person: George Yordanov, PGeo, Director, reviewed and approved the scientific and technical information.
• Analytical Protocols: Samples were delivered to ALS Canada Ltd. in Val d'Or, Que. Preparation included crushing to 95% passing 2mm and pulverizing 1kg to 90% passing 75 micrometres. Assays included lithogeochemistry via XRF (ME-XRF26) and rare-earth/trace elements via four-acid digestion and ICP-MS.

Notable Quotes

• "We are pleased to share that all permits are in place and mobilization of the rigs has commenced. This milestone reflects our commitment to disciplined exploration and unlocking value in Quebec's emerging silica corridor." — Jeff Stevens, Chief Executive Officer