Quarterback samples 1,220 g/t Au at Twin

Executive Summary

• Quarterback Resources Inc. reported high-grade grab sample results from its Twin gold project, specifically from the Takla-Rainbow zone, with the highest assay returning 1,220 grams per tonne gold.
• The company relogged three historic drill holes and completed infill sampling to evaluate alkalic-related gold mineralization, with additional infill sampling results from 2025 pending.
• The exploration program successfully outlined new gold-in-soil geochemical anomalies, confirmed strong historic gold assays from drill core, and identified extensions of previous mineralized areas.

Key Details

• Highlight Sample (F484959): A 2.39-kilogram grab sample from float or possible subcrop near a historic trench (approx. 350m southeast of drill hole TR13-88) assayed:
  • 1,220 grams per tonne gold
  • 1,500 grams per tonne silver
  • 5.05% lead

  • 500 ppm tellurium

  • 278 ppm bismuth
  • Sample composition: Weathered, iron-oxide stained, white to glassy vuggy brecciated quartz vein material with minor visible gold and up to 5% sulfides (pyrite, galena).
• Historic Drill Data Referenced:
  • Drill Hole TR13-88: 22.52 metres grading 2.26 ppm gold, 2.15 ppm silver, and 0.19% copper from 68.00 to 90.52 metres. Terminated due to weather while still in mineralization.
  • Drill Hole DDH-24: 131.98 metres grading 1.32 ppm gold and 0.78 ppm silver (tested 130 metres northwest of TR13-88).
• Exploration Activities:
  • Phase I program included 10 grab samples from the Takla-Rainbow zone.
  • Re-logging of three historic drill holes at the Takla-Rainbow zone.
  • Infill sampling completed in 2024; additional infill sampling completed in 2025 (results pending).
  • Submission of 177 historical drill core samples for assay analysis as part of Phase I.
• Project Context:
  • Twin gold project located in the Quesnel Trough, Omineca mining division, British Columbia.
  • Previous work includes 109 drill holes totaling 21,878 metres.
  • Discovery of >15 zones of known mineralization across three styles: high-grade gold-quartz veins, alkalic-related gold mineralization, and alkalic-porphyry copper-gold mineralization.
• Laboratory Methods:
  • Samples analyzed by ALS Labs (Kamloops and North Vancouver, B.C.).
  • Sample F484959 prepared using metallic screen protocol (SCR-21, PUL-32) due to visible gold; analyzed via fire assay with gravimetric finish (Au-GRA21) for oversized fraction and fire assay with AAS finish (Au-AA25) for undersized fraction.

Notable Quotes

• "Obviously, we are very excited about these initial results from our exploration program. Coupled with assays from previous sampling and drilling in the Takla-Rainbow zone, the cumulative results suggest the potential for bulk tonnage gold mineralization. We will have a better indication of this potential once we analyze the results from the 177 historical drill core samples that we submitted for assay analysis as part of our phase I exploration program." — Clive Brookes, Director