Val-D'Or Mining Drill Program Update - Baden Prospect

Val-D'Or Mining Corporation (VZZ) has released initial assay results from its 2025 Phase I diamond drilling program at the Baden Prospect, located on the Ontario/Québec border. The company operates the prospect under an option agreement with Eldorado Gold. The 9-hole, 3,735 m program identified a new high-grade gold discovery in hole BA-25-006, situated approximately 2 km west of the historical V2-Arbade Shaft trend.

Hole BA-25-006 intersected two mineralized zones. The first interval returned 2.44 g/t Au over 4.40 m, including 6.20 g/t Au over 1.10 m. A second, standout interval returned 6.27 g/t Au over 7.40 m, which includes a high-grade core of 71.60 g/t Au over 0.60 m.

Other holes in the program returned gold intervals consistent with the area's quartz-carbonate vein system. Hole BA-25-005 tested the Arbade Shaft extension, intersecting a broad interval of 47.00 m at 0.275 g/t Au. The discovery suggests potential for a previously unrecognized mineralized trend outside the historically explored corridor.

Val-d’Or Mining Corporation (VZZ) released results from drill hole BA-25-006, which returned 6.27 g/t Au over 7.40 m. The high-grade intercept comes from a greenfield discovery located well outside the known trend, expanding the exploration upside of the property. The discovery occurs against the backdrop of an aggressive Eldorado Gold earn-in agreement, which allows Eldorado to acquire up to an 80% interest following $20 million in spending. Val-d’Or Mining retains a 20% carried interest after the option is exercised.

The Baden results represent new information not previously flagged in company updates, beyond the initiation of drilling in October 2025. While the market had already priced in some excitement from the Perestroika program, which included visible gold and a 12-hole expansion, these new findings add to the project's profile. The company operates with a tiny market capitalization of approximately $17 million, meaning a high-grade discovery can move the needle meaningfully.

The company’s financial position remains precarious, with a going concern flag and $556,000 in cash. Any share price uplift may be utilized for dilutive financing.

Val-d’Or Mining Corporation (VZZ) is a junior project generator and royalty holder focused on the Abitibi Greenstone Belt in Quebec and Ontario. Its business model involves staking or acquiring early-stage properties, validating geological concepts with minimal capital, and then seeking leveraged financing via joint ventures, options, or net smelter royalties.

The company’s flagship project is the Perestroika Prospect, part of a broader package optioned to Eldorado Gold that includes the Baden, Plumber, Island 27, Matachewan, and other properties. Eldorado has committed over $36.5 million in total exploration expenditures across the Quebec joint ventures, with the option to earn up to 80% in some blocks.

Val-d’Or also holds a portfolio of net smelter royalty (NSR) interests on properties operated by third parties, including Ducros, Powell, and Luc Bourdon, though none are yet producing. A recent option agreement with Gold Candle on the Recession Larder Prospect provides upfront and milestone payments plus a 2% NSR. The company is debt-free but has minimal operating income and relies on partner-funded exploration and occasional equity raises to stay afloat.