Quartz Announces Significant Induced Polarization Survey Results for Maestro Gold-Silver Project, British Columbia

The news release dated January 26, 2026, announces the results of an induced polarization (IP) geophysical survey over the Maestro property. The survey outlines a large "donut-shaped" sulphide system measuring approximately 2.1 km by 1.4 km, with the previously discovered Prodigy gold-silver zone located within it. The company states this scientific knowledge is "potentially pivotal" for enhancing the success of the upcoming drill program, which is confirmed to mobilize on February 3, 2026.

The news is a routine, positive operational update. It provides the anticipated geophysical results that were completed in December 2025 and confirms the imminent start of the Phase 4 drill program. While the results support the geological model and the scale of the system, the news itself does not contain new assay results, a resource estimate, a financing, or a strategic partnership. Its impact is to maintain momentum and confirm the company's timeline, but it does not materially alter the risk-reward profile or near-term valuation drivers. The market had already priced in the expectation of drill program commencement in early February.

Quartz Mountain Resources Ltd. is a Canadian mineral exploration company focused on discovering and transacting high-value gold-silver-copper projects in British Columbia. Its flagship project is the Maestro Project (2,422 hectares), which hosts the Prodigy discovery—a system integrating epithermal gold-silver, porphyry gold, and porphyry copper-molybdenum mineralization. The project has seen 8,346 meters of drilling in 13 holes to date (Phases 1-3). The company also owns the Jake Project, a new porphyry copper-gold-silver discovery open for expansion.