Gold Hunter expands zones at Great Northern

Executive Summary

• Gold Hunter Resources Inc. released interpretation results from the first district-scale helicopter-borne versatile time domain electromagnetic (VTEM) and magnetic survey conducted across its Great Northern project in Newfoundland.
• The survey identified high-priority structural targets, including opportunities to expand known zones by connecting fragmented areas (Viking-Thor-Asgard confluence) and discovering new parallel trends along the Doucers Valley fault.
• The company plans to use these newly defined structural links as immediate targets for stepout drilling to test undrilled gaps and blind targets.

Key Details

• Survey Scope: First-ever district-scale VTEM and magnetic survey on the Great Northern project, covering entire claim blocks with 100-metre line spacing.
• Geological Context: The project shares similarities with the Valentine gold project (Equinox Gold), featuring a major controlling fault (Doucers Valley fault, 35 km strike) and Proterozoic granite contacts with younger sedimentary formations that create ideal structural traps.
• Resource Expansion Potential: High-resolution magnetic data suggests excellent expansion potential in the Viking-Thor-Asgard confluence, where historical drilling has not fully tested the coalescing structures.
• Structural Continuity: Survey reveals magnetic lows consistent with faults and structural breaks, connecting known zones to the northeast where limited drilling has not transected interpreted structures.
• Regional Exploration Upside: Identification of multiple high-priority anomalies along splays of the Doucers Valley fault, including undrilled structural trends with magnetic signatures identical to known mineralization.
• Advanced Structural Analysis:
  • Clear north-northeast-trending structures parallel to Viking and Viking North zones identified in plutonic rocks.
  • Crosscutting splays observed between known and new structures.
  • Incinerator and Furnace trends show slightly different orientations, extending west-southwest.
  • Additional prospective structures parallel to Viking and Viking North trends identified to the south.
• Project Status: The Great Northern project is a 26,237-hectare land package in White Bay, Newfoundland, consolidating 100%-owned mineral licenses and claims under an option agreement with Magna Terra Minerals Inc.
• Option Agreement Terms: Gold Hunter may acquire the remaining 100% interest upon a final payment due in June 2026.
• Qualified Person: Rory Kutlouglu, BSc, PGeo, reviewed and approved the scientific and technical information.

Notable Quotes

• Sean Kingsley, President and CEO: "This survey has fundamentally changed how we view the Great Northern project. We are no longer looking at isolated historic showings. The geophysical data indicates robust structural networks that likely link these areas."
• Sean Kingsley, President and CEO: "These results show us that the structures hosting our known gold zones appear to continue into the undrilled gaps between them, offering a clear opportunity to expand the footprint of mineralization. Simultaneously, we are seeing new, parallel structures light up regionally that look identical to our known mineralization. We look forward to drill testing these high-potential targets."