Discrete Gold in Soil Anomalies Identified from Shallow Soil Geochemical Survey Coincident with Crustal-Scale Faults on Horwood Project

Executive Summary

• Avventura Resources completed a shallow soil geochemical survey on the Horwood Property, collecting 1,361 samples over 15.23 sq km.
• Seven discrete gold‑in‑soil anomalies were identified, including three high‑grade samples >100 ppb Au and a grab sample of 62 g/t Au located near historic Denross showing.
• The results provide a foundation for follow‑up exploration and target development on the property.

Key Details

• Survey Scope: 1,361 shallow soil samples plus 178 grab samples collected across two zones (15.23 sq km) of the 94.6 sq km Horwood Property.
• Anomaly Distribution:
• 922 samples < 2 ppb Au (background)
• 351 samples 2‑5 ppb Au
• 59 samples 5‑9 ppb Au
• 24 samples 9‑46 ppb Au (considered highly anomalous)
• 5 samples 46‑210 ppb Au, with three exceeding 100 ppb (104, 182, 210 ppb).
• Gold Zones: Seven discrete anomalous zones identified – four in the northern block and three in the southern block.
• High‑Grade Grab Sample: One grab sample returned 62.00 g/t Au, collected 750 m from historic Denross showing and 300 m from Labbe #3; previous highest at Denross was 6.01 g/t Au.
• Additional Grab Samples: Two outcrop samples showed background gold (2 ppb and 10 ppb). Three other grab samples returned 0.25, 0.56, and 62.00 g/t Au.
• Pending Results: Assays for the remaining 173 soil samples are pending; results will be reported when received.
• Technical Parameters: Sampling grid oriented N‑S with 200 m line spacing and 100 m sample spacing; tighter 50 m × 50 m grids also employed. QA/QC performed under supervision of Percy Clark, P.Geo., with analysis at AGAT (Thunder Bay). Detection limit = 1 ppb Au.
• Geological Context: Property lies within the Swayze Greenstone Belt on the Hardiman Deformation Zone, a splay fault to the Destor‑Porcupine Deformation Zone; contains Archean mafic volcanics, gabbroic intrusions, and the Horwood Peninsular Pluton.

Notable Quotes

• Sean Flynn, CEO: “We are encouraged by the results of our recent shallow soil sampling programs at the Horwood Property… these results are helping us better define areas of interest and prioritize our next phase of work.”

Materiality Assessment: Non‑Material – Positive (early‑stage exploration data that is encouraging but not yet indicative of commercial resource).