Rocky Shore starts NI 43-101 on Gold Anchor project

Executive Summary

• Rocky Shore Gold Ltd. has engaged Caracle Creek International Consulting Inc. to prepare a NI 43-101 technical report to define current mineral resource estimates for the Mosquito Hill and Reid deposits at its Gold Anchor project.
• The company identified a new "porphyry gold corridor" spanning three kilometers, which hosts the Mosquito Hill and Reid deposits along with additional untested porphyry gold targets, representing a larger exploration environment than previously recognized.
• Historical resource estimates are provided for context, though the company explicitly states these are not current resources and require significant verification (redrilling, resampling) before they can be classified as current mineral resources.

Key Details

• Technical Report Engagement: Caracle Creek International Consulting Inc. is preparing the NI 43-101 technical report.
• Report Timeline: Completion is planned toward the end of Q1 2026.
• Geological Discovery: Identification of a three-kilometer-long "porphyry gold corridor" containing the Mosquito Hill and Reid deposits, plus additional untested porphyry targets within a deep-seated magmatic-hydrothermal system.
• Drilling Plans: The company aims to have the corridor "drill ready" for the summer of 2026.
• Lane Pond Target: A structurally controlled high-grade Lane Pond gold target is planned for drilling in Q1 2026, pending final permit approval.
• Historical Mosquito Hill Resource (2010 Report by Giroux Consulting):
  • Indicated: 11.18 million tonnes at 0.55 g/t Au (196,257 oz Au).
  • Inferred: 38.76 million tonnes at 0.46 g/t Au (569,496 oz Au).
  • Cut-off: 0.3 g/t Au.
• Historical Reid Resource (2013 Report by Giroux Consulting):
  • Inferred: 9.57 million tonnes at 0.56 g/t Au (173,000 oz Au).
  • Cut-off: 0.3 g/t Au.
• Disclaimer: No qualified person has done sufficient work to classify historical estimates as current resources; no economic assessment or scoping study has been completed for either deposit.

Notable Quotes

• "At the Gold Anchor project, compilation of historical data in and around the porphyry-controlled Reid and Mosquito Hill deposits has identified a much larger pervasive gold-bearing porphyry environment, now termed by us as the 'porphyry gold corridor.' Within this approximately three-kilometre-long corridor, both surface gold deposits are open in all directions and additional untested porphyry targets have been identified. Our plan is to get this area drill ready for the summer of 2026." — Ken Lapierre, President and CEO