Inflection gains new Dandaloo copper-gold licence

Executive Summary

• Inflection Resources Ltd. has been awarded a new 100%-owned exploration license for the Dandaloo project in New South Wales, Australia.
• The Dandaloo project is strategically located immediately southeast and east of the company's flagship Trangie project, consolidating Inflection's footprint in the Macquarie Arc, a premier porphyry copper-gold province.
• The new license covers ground with historical indications of copper-gold mineralization (bornite and chalcopyrite) from 1997 drilling by Goldfields Ltd., which was never followed up due to agricultural activities.

Key Details

• License Details: The newly acquired Dandaloo exploration license is 100% owned by Inflection Resources' Australian subsidiary.
• Location: The project is located directly southeast and east of the Trangie project in New South Wales, Australia. It is explicitly stated that this project is not included in the existing AngloGold Ashanti agreement.
• Geological Context: The area is considered prospective for copper-gold porphyry-style mineralization. It lies within the northern extension of the Macquarie Arc, Australia's premier porphyry copper-gold province.
• Historical Data:
  • In the late 1990s (specifically 1997), an Australian subsidiary of Goldfields Ltd. conducted scout drilling on the site.
  • Historical air-core drill holes (TACD010 and TACD020) reportedly intercepted visible bornite and chalcopyrite mineralization.
  • Mineralization was found at depths between 80 and 170 meters, associated with magnetite-bearing quartz veins and a prominent aeromagnetic feature.
  • The target was left untested for 28 years due to surface agricultural activities and a shift in exploration focus by the previous operator.
• Similarities to Trangie: The magnetic signature at Dandaloo shares similarities with the zone of magnetite enrichment at the Trangie project, where Inflection is currently defining a gold-copper porphyry system.
• Next Steps:
  • The company has commenced land access discussions and permitting for an air core drilling program.
  • The initial program will consist of 6 to 10 drill holes.
  • The objective is to test the upper part of the basement sequence to collect lithological and geochemical data, providing vectors for potential deeper drill holes.
  • Analysis will utilize technical expertise regarding geochemical and alteration footprints of other Ordovician alkalic porphyry copper deposits in New South Wales.

Notable Quotes

• Alistair Waddell, President and CEO: "The granting of this exploration licence represents a significant opportunity to expand our copper-gold footprint around our Trangie project. The historical descriptions of bornite and chalcopyrite within an essentially untested magnetic feature are exactly the type of targets we seek in the covered extension of the Macquarie Arc. Given our recent success at Trangie in the discovery of porphyry-style mineralization, we are perfectly positioned to unlock the potential of these historical drill holes. The fact that these compelling intercepts were never followed up presents an excellent exploration opportunity adjacent to our flagship Trangie project."