Naughty Ventures stakes Little Gull H2 project in Ont.

Executive Summary

• Naughty Ventures Corp. has secured the Little Gull H2 project, a 4,576-hectare land position in northwestern Ontario targeting natural hydrogen and helium exploration.
• The property strategically covers the ultramafic Seagull pluton and associated fault/fracture zones, utilizing advanced geophysical data to identify prospective subsurface geological features.
• The area demonstrates strong exploration potential, validated by recent gas encounters by neighboring companies, historic flammable gas intersections, and satellite spectral imagery indicating active gas seepage.

Key Details

• Project Name & Location: Little Gull H2 project, located approximately 100 km east-northeast of Thunder Bay, Ontario, within the Mid-Continent Rift.
• Land Size & Structure: 286 mining cells totaling 4,576 hectares, acquired via low-cost staking.
• Target Commodities: Natural hydrogen (H2) generated through serpentinization of ultramafic rocks; Helium (He) produced as a byproduct of uranium radioactive decay in the underlying Archean Quetico subprovince.
• Geological Focus: Targets ultramafic rocks of the Seagull pluton, critical fault and fracture zones interacting with regional plutonic architecture, and magnetic features suggesting "blind" ultramafic rocks beneath surface cover.
• Recent Regional Activity: Anteros Metals Corp. reported a gas intersection at 877 meters on Jan. 27, 2026, with specialized sampling currently underway to determine composition and volume.
• Historic Precedent: Drill hole WM01-08 (2001), located within the Seagull complex near the Anteros site, intersected an unidentified high-pressure, flammable gas in a fracture zone at 850 meters.
• Geophysical/Spectral Evidence: October 2024 satellite spectral imagery identified prospective signatures for both hydrogen and helium across the 64-square-kilometre Seagull pluton, indicating active gas seepage and a robust "gas trap" environment.
• Technical Review: Qualified Person Alex Bugden, PGeo (independent consulting geologist), has reviewed and approved all technical content in compliance with National Instrument 43-101.

Notable Quotes

• Blair Naughty, CEO: "We are pleased to acquire this new Natural Hydrogen exploration property through low-cost staking. We believe this will be an exciting new addition to our existing natural hydrogen portfolio of investments."
• Blair Naughty, CEO: "The convergence of historic flammable gas hits, recent drilling success by our neighbors, and the historical spectral analysis makes the Little Gull H2 project a high conviction play. As the world looks toward decarbonization, finding primary sources of natural hydrogen and helium is more critical than ever."