Bemetals grab samples up to 34.7 g/t Au at Savant

Executive Summary

• Bemetals Corp. reported high-grade gold surface sampling results from its Savant Gold Project in Northwestern Ontario, including a significant grab sample of 34.7 g/t Au.
• The company outlined its 2026 exploration program, which will focus on biogeochemical sampling and prospecting to prioritize drill targets, specifically targeting iron-formation-hosted gold mineralization.
• The release includes technical details on the project's geological setting, historic data, and quality assurance protocols, with results verified by an independent laboratory.

Key Details

• Surface Sampling Results:
  • A grab sample returned 34.7 grams per tonne gold (g/t Au) from highly strained, fine-grained metasedimentary rock with 20% quartz veining.
  • Sample location: Wiggle Creek prospect, 850 meters from previous diamond drilling and proximal to the Kashaweogama Lake fault zone.
  • Historic context: Previous surface sampling by Prospector Metals Corp. in 2022 returned 56.2 g/t Au at Wiggle Creek and 99.6 g/t Au at Snowbird.
• Project Statistics:
  • Total grab samples collected in October 2025: 68.
  • All assay results have been received.
• 2026 Exploration Program:
  • Focus: Biogeochemical sampling and prospecting to generate and prioritize drill targets.
  • Target Geology: Musselwhite-style iron-formation-hosted gold mineralization.
  • Specific Targets: Areas with fold hinges and tight fold noses; magnetic lows in BIF representing sulphide replacement zones; broader dispersion halos of gold indicator metals (silver, arsenic, bismuth, lead, selenium, tellurium).
  • Next Steps: Drill target generation and prioritization upon data review, followed by a follow-up drill program.
• Geological Context:
  • Project size: 1,178 contiguous claims over 24,197.5 hectares.
  • Location: Canadian Shield, western Wabigoon greenstone belt. Key structures: 40-kilometre-long Kashaweogama Lake fault zone and Wiggle Creek deformation zone (WDZ); extensive, intensely folded, banded iron formations (BIFs).
  • Historic Drilling: Limited to date (59 drill holes totaling 6,357 metres), primarily testing iron formations with little testing of BIF fold hinges.
• Quality Assurance/Quality Control (QA/QC):
  • Laboratory: Agat Laboratories of Thunder Bay, Ont., Canada.
  • Dates of results provision: February 2, 2026, and February 10, 2026.
  • Methodology: 50-gram fire assay atomic absorption spectroscopy finish (Agat analytical code 202-55); overlimit samples completed using 50-gram fire assay with gravimetric finish (Agat analytical code 202-564).
  • Protocols: Standard operating procedures for outcrop sampling, chain-of-custody, and inclusion of laboratory standards, blanks, and duplicates.
• Qualified Person:
  • Ryan Weston, PGeo, consultant of Bemetals, reviewed and approved the technical information under National Instrument 43-101.

Notable Quotes

• Kristen Reinertson, Interim CEO: "The Savant project is a large and contiguous land position, well situated within highly prospective ground that requires exploration attention and effort to uncover new discoveries. Although preliminary in nature, finding a surface sample grading 34.7 g/t Au within walking distance to a provincial highway is highly encouraging and, together with previous surface sample results of 99.6 g/t Au and 56.2 g/t Au completed by Prospector Metals Corp. in 2022 from the Snowbird and Wiggle Creek showings, respectively, sets the tone for economic opportunities."
• Kristen Reinertson, Interim CEO: "Northwest Ontario is host to several large gold mines and gold deposits, some that have been in production for decades. After visiting the project last year, I know we are in a great location to potentially find something of size and I am excited to kick off our exploration programs commencing this spring."