Clarity Metals outlines drill targets at Fecteau

Executive Summary

• Clarity Metals Corp. has confirmed receipt of all permits required to conduct drilling on its 100%-owned Fecteau gold project in Quebec and is outlining targets for a forthcoming exploration program.
• The company plans to execute 5,000 metres of drilling across approximately 25 high-priority holes, with optionality to expand based on in-field outcomes, focusing on gold and base metal mineralization.
• The program aims to test known trends, conduct substantial stepouts, and investigate previously untested geologic targets, including VMS-style mineralization and high-grade structures identified through recent magnetic and EM surveys.

Key Details

• Permit Status: All permits required for drilling on the Fecteau gold project in Quebec have been confirmed as received.
• Drilling Plan:
  • Total planned: 5,000 metres across approximately 25 holes.
  • Includes planned optionality to expand based on results.
  • Focus: Testing known trends, stepouts, and new geologic targets for gold and base metals.
• Historic Context & Spend:
  • Only $1.4 million spent to date on exploration at Fecteau.
  • 11 showings identified that merit further evaluation.
  • Total historical drilling on property and surrounding area since mid-1970s: 17,815 metres (average depth 207 m).
• Previous Significant Intercepts (2022 Campaign):
  • Hole FEC-22-05: 14.91 g/t Au from 149.4 to 150.4 m (1.0 m interval).
  • Hole FEC-22-13: 5.98 g/t Au and 0.87% Cu over 0.6 m from 168.8 m (Fecteau Est showing).
  • Hole FEC-22-14: 0.80 m of 1.08 g/t Au starting at 262.0 m (Porphyre showing).
  • Holes FEC-22-04 & FEC-22-09: Intercepted exhalative material with disseminated to locally massive sulphides and anomalous Cu and Zn values.
• Geological Targets & Strategy:
  • VMS Potential: Stratigraphy amenable to volcanogenic-massive-sulphide mineralization; several semi-massive/massive sulphide intercepts with anomalous Cu and Zn found previously.
  • Conductive Trends: Several kilometres of untested strong conductors identified at the contact between volcanic units are high-priority targets.
  • Structural Interpretation: Recent airborne triaxial magnetic survey (Jan 2023) aided in identifying lineaments and structural interpretations unavailable in previous campaigns.
• Specific Drill Target Areas:
  • North-central Target: 600 m in 3 holes. Testing coalescing conductors east of historic holes 88-21 and 88-22 (which were drilled too far west).
  • Anticline Drill Area: 1,300 m in 9 holes. West of Fecteau Est, targeting second-order structures and the syncline hinge. Designed as "scissor holes" (e.g., -45° and -65° dips) to test down-dip continuity.
  • Buteux-Marceau: 400 m in 2 holes. Base and precious metal showing with previous historic grade of 4.11 g/t Au. Targets strong conductors and magnetic highs in mafic to intermediate volcanic boundaries. Previous drilling was too shallow and offset from known EM anomalies.
  • High-Grade Follow-up: 5 holes planned (with additional metres deployable) to investigate high-grade structures not previously drilled due to lack of magnetic data, specifically following up on the success of FEC-22-05.
  • Southern Limb: Testing the main reverse fault and lithologic boundaries in an untested area of structural complexity.

Notable Quotes

• "With only $1.4-million spent to date on exploration at the Fecteau property, Clarity has only started to test the potential of this system and build a geologic model for the belt."
• "Work to date has identified 11 showings, all of which merit further evaluation and have potential to expand."
• "The success of these drill holes will allow further refinement of the model for the property, particularly testing the VMS potential in the north of the project and further delineation of the structural story around the Fecteau fault..."