Tinka completes 3,400 m RC drilling at Huwaymidan

Executive Summary

• Tinka Resources Ltd. completed a 3,400-metre reverse circulation (RC) drill program at its Huwaymidan gold project in Saudi Arabia in December 2025, targeting a district-scale orogenic gold trend.
• The program consisted of 46 holes intersecting wide zones of pervasive hydrothermal alteration and quartz veining, consistent with a large orogenic gold system, though no gold assay results are available at this time.
• Surface sampling identified high-grade gold occurrences, with quartz float grading up to 30.5 g/t Au and outcropping quartz veins up to 6.4 g/t Au; assay results are expected in late Q1 2026, with a follow-up drill program planned for Q2 2026.

Key Details

• Drilling Program: 46-hole RC drill program totaling 3,436 metres completed in December 2025.
• Drill Rig Status: Demobilized; assay results pending.
• Target Area: Two target areas (Ibriz and Rawasi) covering a potential gold trend of more than five kilometres.
• Surface Sampling Results:
  • Ibriz area: Quartz float samples grading up to 30.5 grams per tonne gold.
  • Rawasi area: Outcropping quartz veins grading up to 6.4 grams per tonne gold.
• Drilling Intersections: Intersected wide zones of pervasive hydrothermal alteration and quartz veining; no gold assays available yet.
• Geological Context: Project located in the central Arabian Shield, 30 km along trend from Maaden's Ar Rjum project (3.9 Moz gold).
• Ownership Structure: Tinka holds a 5% minority equity interest in Midad Al Mona Mining Company, with a free-carried interest until mid-2027. Tinka provides technical expertise and exploration leadership.
• Funding: Exploration fully funded by local Saudi partner until mid-2027 (up to approx. $3.3 million). Tinka receives consulting fees capped at $250,000 (U.S.) over two years.
• Next Steps: Assay results expected late Q1 2026; follow-up drill program planned for Q2 2026 subject to results.
• Previous Exploration: 500+ rock samples assayed; 340 line-kilometre ground magnetic survey acquired in October 2025 identifying a 10-kilometre gold trend.

Notable Quotes

• "The exploration program at Huwaymidan is advancing very well, with encouraging surface results for gold and the completion of an initial 3,400-metre RC drill program within six months of acquiring an interest in the property... Huwaymidan is located in a proven gold belt just 30 kilometres along trend of Maaden's Ar Rjum project (3.9 Moz gold) and we believe Huwaymidan has the potential to be a district-scale gold target." — Dr. Graham Carman, President and CEO