BRS Resources Provides Update on Drilling at the Cowtrail Copper-Gold Project

• BRS Resources Ltd. announced its 2026 exploration plan for the Cowtrail porphyry copper-gold project in British Columbia on April 16, 2026.
• The program targets 1,500 to 2,000 meters of diamond drilling within the Lea Lake target area.
• Land-based and/or airborne geophysical surveys are planned subject to contractor availability.
• Historical drill intercepts cited include CT23-16 (0.15% Cu/0.12 g/t Au over 105m) and CT25-23 (0.20% Cu/0.10 g/t Au over 70m).
• The project covers 4,717 hectares and is contiguous with Vizsla Copper Corp.'s Woodjam project.

• The news confirms the execution of a previously anticipated exploration strategy announced in February 2026 regarding 2026 expansion plans.
• No new assay results or discovery announcements are included, limiting immediate upside surprise potential.
• Liquidity confirmation is positive; the company reported a balance sheet exceeding $10 million following an AleAnna share sale in March 2026, supporting this drilling budget without immediate dilution risk.
• The option amendment with Cariboo Rose Resources (April 15) reduced near-term cash obligations ($70k to $30k in Dec 2026), easing short-term financial pressure.
• Overall impact is incremental; the market likely priced in the exploration plan given prior updates, making this a confirmation of solvency and strategy rather than a valuation inflection point.

• Company: BRS Resources Ltd., a junior exploration company focused on copper-gold assets in British Columbia.
• Flagship Project: Cowtrail Copper-Gold Project (4,717 hectares).
• Geology: Porphyry-style Cu-Au mineralization with intrusive suite including diorite, syenite, and quartz-feldspar porphyry over a ~3km x 2km area.
• Location: Cariboo region, contiguous with Vizsla Copper's Woodjam project, suggesting regional potential correlation.
• Status: Exploration phase; drilling campaigns have defined a mineralized trend extending northwest and southeast from the Lea Lake zone.