Inflection to drill holes to test six targets in NSW

Executive Summary

• Inflection Resources Ltd. plans to drill approximately 20 air core holes to test six previously undrilled, 100%-owned copper-gold targets in northern New South Wales, Australia.
• The drilling program aims to vector into hydrothermal alteration and potential intrusion-related mineralization at the Bugwah, Colossal, and Boorara target areas, which exhibit complex geophysical signatures suggestive of shallow intrusions.
• Drilling is scheduled to commence in early 2026, pending the completion of land access discussions and permitting.

Key Details

• Drilling Program Scope: Approximately 20 first-pass air core drill holes.
• Target Depth: Depths of approximately 100 metres or less.
• Objective: Vectoring into hydrothermal alteration and potential intrusion-related mineralization; collecting lithological, mineralization, and geochemical data from the top of the basement to guide future deeper drilling.
• Target Areas:
  • Bugwah: 900-by-1,300-metre aeromagnetic high associated with northwest-oriented structural lineaments and a Bouguer gravity low, suggestive of an intrusion at depth.
  • Colossal: One-by-one-kilometre aeromagnetic high at the coincidence of northwest- and northeast-oriented structural lineaments, plus a 500 m diameter aeromagnetic high, both coincident with embayments in Bouguer gravity data.
  • Boorara: Three discrete aeromagnetic highs (500 to 700 m in diameter) associated with intersections of north-south- and northeast-oriented structural lineaments and gravity data gradients.
• Geological Context: Targets are located north of Nyngan, NSW, ~35 km NE of the Tritton mine and ~15 km NE of the Constellation copper deposit. They display subtle radial and fault-controlled magnetic textures indicative of fluid up-flow and metal-rich solution interaction.
• Analogue: Similar to the Ravenswood mine in Queensland, where cryptic intrusions, breccia, and complex structures localize copper-gold mineralization.
• Timeline: Drilling expected to commence in early 2026 once permits and landowner access agreements are finalized.
• Exclusion: These targets are independent of the AngloGold Ashanti Australia Ltd. earn-in agreement announced on June 14, 2023.
• Corporate Action: The company granted four million incentive stock options to officers, directors, employees, and advisers.
  • Exercise Price: 30 cents per share.
  • Term: Five years.
  • Condition: Subject to acceptance of the Canadian Securities Exchange.

Notable Quotes

• "We are excited to drill test these 100-per-cent-owned copper-gold geophysical targets which have never been previously drilled. These targets complement our exploration strategy of testing for high-impact systems with significant discovery potential. The compelling geophysical signatures of these targets represent the type of opportunities we seek and we look forward to systematically drill testing these targets in the new year." — Alistair Waddell, President and CEO