Inflection Resources Provides Update on Trangie Project Drilling in New South Wales, Australia

Executive Summary

• Inflection Resources Ltd. announced Phase II drilling results from its Trangie project in New South Wales, Australia, completing eight additional holes totaling 4,052 meters.
• The drilling systematically expanded the known mineralized footprint of a large-scale alkaline porphyry-copper-gold system, extending mineralization 100m west, 200m north, and 200m southwest from previous intercepts.
• The most significant intercept was in hole TRNDH028, which returned 42.15m at 0.33 g/t Au, validating the presence of porphyry-style veining and alteration across a 500m x 500m area.

Key Details

• Total Drilling: Eight holes (TRNDH024–031) completed for a total of 4,052 meters.
• Primary Intercept (TRNDH028): Intersected 42.15m grading 0.33 g/t Au from 263.33m. This hole was drilled westward to intersect the mineralized zone in TRNDH023.
  • Additional intervals in TRNDH028: 10m at 0.12 g/t Au + 0.04% Cu (355–365m) and 2m at 0.28 g/t Au + 0.07% Cu (373–375m).
• Footprint Expansion: New holes confirm mineralization and alteration extend:
  • 100m westward (TRNDH028).
  • 200m north (TRNDH031).
  • 200m southwest (TRNDH027).
• Hole TRNDH027: Drilled 200m south of TRNDH023; returned anomalous gold including 4m grading 1.24 g/t Au from 225–229m.
• Hole TRNDH025: Followed up on anomalous Au-Cu-Mo; intersected a zone of sheeted B-style vein quartz-pyrite from 558.0m to 566.9m with max values of 0.09% Cu, 0.13 g/t Au, and elevated Mo-S-Te-Ag-Se.
• Hole TRNDH024: No significant copper-gold assays returned; intercepted interfingering andesites/basalts with monzodiorite dykes and disseminated pyrite/chalcopyrite.
• Hole TRNDH026: No significant copper-gold assays returned; intersected propylitic altered volcanogenic sandstones/conglomerates with chalcopyrite in "B" style veins.
• Other Trangie Targets:
  • TRNDH029: Assays pending. Intersected andesites/sedimentary units with epidote/magnetite/albite alteration and minor disseminated pyrite/chalcopyrite/molybdenite.
  • TRNDH030: Downgraded potential of the central area; did not intersect significant quartz veins or potassic alteration. Returned 1.25m at 69ppm Mo from 274.75–276m.
• Pending Assays: Results are pending for holes TRNDH029 and TRNDH031.
• Geological Interpretation: Results suggest a large-scale alkaline porphyry-copper-gold system. Strong correlation between Au, Cu, and Ag with low correlation between Au, Te, and Sb implies porphyry copper-gold style mineralization rather than epithermal gold.
• Current Operations: Drilling has relocated to test standalone targets on the Crooked Creek and Nyngan projects while awaiting remaining Trangie geochemistry.
• AngloGold Ashanti Agreement Context: The drilling is conducted under an Exploration Agreement where AngloGold Ashanti can earn up to a 75% interest through phased expenditures (Phase II: AUD$7M for 51%; Phase III: AUD$20M for additional 14%; Phase IV: PFS for additional 10%).

Notable Quotes

• Alistair Waddell, President and CEO: “We are happy to announce these additional drill results which continue to validate the potential of our Trangie project in New South Wales. The mineralized intervals intercepted at Trangie exhibit classic gold and copper grades consistent with the margins of other significant alkalic porphyry systems in the Macquarie Arc, strengthening our conviction in the project's potential.”