Zodiac Gold Commences Inaugural Drilling of up to 5,000m at Lewis Target, Todi Gold Project, Liberia

Zodiac Gold Inc. has commenced the inaugural diamond drilling program at the Lewis target, formerly known as Youth Camp, on its Todi Gold Project in Liberia. The program is structured in two phases, with Phase 1 targeting up to 3,000 metres of drilling. Phase 2 may expand the total to 5,000 metres depending on initial results.

Recent trenching at Lewis confirmed near-surface gold mineralization, including a 30-metre interval at 1.04 g/t Au within a broader 84-metre zone at 0.51 g/t Au. Drilling will prioritize a 1.8-kilometre southern east-west gold-in-soil trend, while surface exploration continues on the parallel northern trend. Lewis marks the third target drill-tested along the 16-kilometre Monterra Trend, following the Arthington discovery and the Ben Ben target.

Zodiac Gold Inc. (ZAU) announced an expected operational milestone as part of its 2026 exploration strategy, which was outlined in February 2026. Trenching results provided the geological rationale for the drill program, but no new assay data or financial impacts are disclosed. The news does not alter the company's capital position or near-term catalysts, representing a standard execution step in a district-scale exploration campaign. Given the anticipated nature of the program and the lack of immediate financial or resource-defining results, the market impact is expected to be incremental.

Zodiac Gold Inc. is a greenfield gold explorer focused on the Todi Gold Project in Liberia. The company holds a 2,316 km² land package strategically positioned along the Todi Shear Zone, with additional exploration licenses covering 1,898 km². The flagship asset is the 16-kilometre Monterra Trend, which hosts multiple drill-ready targets including Arthington, Ben Ben, Feh Feh, and Lewis (Youth Camp).

The company is targeting a +1 moz gold resource estimate by Q4 2026, supported by an updated NI 43-101 technical report. Secondary focus includes iron ore exploration in the Bomi South and Bong West licenses, with a strategic partnership term sheet signed with Vitol for marketing and pre-payment facilities.