Original News Release
Bessor Minerals to acquire Jagrite project
Mr. Jason Riley reports
BESSOR ANNOUNCES ACQUISITION OF GRAPHITE PROSPECT
Bessor Minerals Inc. has entered into an asset purchase agreement dated Sept. 9, 2025, to acquire the Jagrite graphite project, located near the Bella Coola area in British Columbia.
The Jagrite graphite project consists of a mineral property covering 139.4 hectares located on Bentinck Arm, 30 kilometres southwest of Bella Coola, B.C. The property has been the subject of previous exploration and geological mapping. Graphite occurrences in bedrock have been mapped over a 400-by-400-metre area within the property. Crystalline flake graphite concentrations can be found within biotite schist roof pendants of the granodioritic gneiss of the Coast plutonic complex. Concentrations of graphite occur at the crests of folds, with fine-grained graphite, postdating ductile deformation, concentrated in shear zones and thin veins. (source: BCGS geological fieldwork, 1992).
The terms of the acquisition are:
Bessor to provide a cash payment of $20,000 upon signing;
Bessor to provide a cash payment of $25,000 on or before 12 months of signing the asset purchase agreement;
Bessor to provide a cash payment of $25,000 on or before 24 months of signing the asset purchase agreement;
Bessor to issue two million common shares to the vendor on closing.
Jason Riley, chief executive officer of the corporation, said, "we are excited to add the Jagrite graphite project to our existing property portfolio and look forward to further planning and implementing of exploration."
About Bessor Minerals Inc.
Bessor's focus is on exploration and development of the Redhill volcanogenic massive sulphide deposit in British Columbia. In addition, Bessor has a 1-per-cent net smelter return (NSR) royalty on certain claims in the Blackwater mine, operated by Artemis Gold Inc.
Qualified person
Andris Kikauka, PGeo, a qualified person as defined by National Instrument 43-101, has reviewed and approved the disclosure set out in this news release. Mr. Kikauka is independent to Bessor.
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