Argyle Resources Corp. Receives Permits and Begins 3,000 Metre Drilling Program at Lac Comporte Silica Project, Quebec

Executive Summary

• Argyle Resources Corp. has received all required permits and is ready to commence a 3,000‑metre NQ‑core drilling campaign at the Lac Comporté Silica Project in Quebec.
• The program targets high‑grade quartzite horizons identified during the summer field work, which returned up to 98.52 % SiO₂ in four surface samples.
• Drilling will consist of 16 planned holes totaling approximately 2,900 m, with detailed coordinates and depths disclosed.

Key Details

• Permitting: Completion of all permitting steps enables immediate start of drilling.
• Drilling Scope: 3,000 m of NQ‑size core across 16 collars; total depth listed as 2,900 m.
• Target Selection: Based on summer prospecting that mapped a kilometer‑long quartzite horizon; four surface samples showed SiO₂ grades of 98.18–98.52 %.
• Sample Highlights:
• Sample E715925 – 98.52 % SiO₂ (Quartzite)
• Sample L769786 – 98.42 % SiO₂ (Quartzite)
• Sample L769778 – 98.19 % SiO₂ (Quartzite)
• Sample E972379 – 98.18 % SiO₂ (Quartzite)
• Drill Hole Coordinates & Depths: (UTM Easting / Northing, Azimuth, Dip, Planned Depth) – e.g., Hole 1: 420 589 E / 5 298 047 N, Az 270°, Dip ‑45°, 250 m; … (full table of 16 holes provided).
• Qualified Person: George Yordanov, P.Geo., Director, reviewed and approved all technical information per NI 43‑101.
• Analytical Protocols: Samples processed by ALS Canada Ltd.; preparation and assay methods detailed for major oxides and trace elements.
• CEO Comment: Jeff Stevens emphasized the drilling as a “pivotal moment” that builds on summer results and aims to unlock value in Quebec’s emerging silica corridor.

Notable Quotes

“Advancing to the drilling stage at Lac Comporté marks a pivotal moment for Argyle. Our summer program reinforced the project's potential, and we're excited to begin testing these targets with a focused 3,000‑metre campaign.” – Jeff Stevens, President & CEO

Materiality Assessment: Non‑Material – Positive (operational update announcing commencement of exploration drilling; no immediate financial impact disclosed).