Argyle receives drill approvals at Clay Howells

Executive Summary

• Argyle Resources Corp. has received all necessary approvals from the Ontario Ministry of Mines to commence a 2,000-meter diamond drill program at its Clay Howells rare-earth element (REE) project in Northwestern Ontario.
• Site preparation, including equipment and personnel mobilization, has begun, with drilling expected to start shortly. The program is estimated to take 45 days to complete, subject to weather and operational conditions.
• The drilling initiative aims to twin six historic drill holes from 2010 and 2011 to update the geological model and establish the foundation for a new NI 43-101-compliant technical report.

Key Details

• Project Location: Clay Howells REE project, Northwestern Ontario.
• Drill Program Scope: 2,000 meters of diamond drilling.
• Program Objective: Twin six historic drill holes originally completed during exploration campaigns in 2010 and 2011.
• Strategic Purpose: Update the geological model for Clay Howells and provide the foundation for a new National Instrument 43-101 (NI 43-101)-compliant technical report.
• Timeline: Site preparation has commenced; drilling to begin shortly. Estimated duration is 45 days, subject to weather and operational conditions.
• Qualified Person: George Yordanov, PGeo, Director, reviewed and approved the scientific and technical information.

Notable Quotes

• "We are excited to share that our fall exploration program is under way at Clay Howells. The new drilling will allow for the collection of fresh core samples to validate prior assay data, improve confidence in geological interpretations and guide future exploration activities across the broader Clay Howells property." — Jeffrey Stevens, Chief Executive Officer