Golden Pursuit Resources Announces Completion of the 2025 Exploration Program at Gordon Lake Project, NWT

Executive Summary

• Golden Pursuit Resources completed its 2025 exploration program on the Myrt Lake, Murray Lake and DAF properties in the Gordon Lake gold district.
• The company received a $59,328 grant from the Northwest Territories Mining Incentive Program (MIP) for the Gordon Lake project.
• Litho‑structural mapping and rock sampling were performed across all three properties; assay results are expected by the end of September 2025.

Key Details

• Grant Approval: $59,328 awarded under the Mining Incentive Program (MIP); noted as “highly ranked” by the Northwest Territories Geological Survey.
• Program Scope: Completed field work includes detailed litho‑structural mapping and surface rock sampling at Myrt Lake, Murray Lake and DAF properties.
• Assay Work: Samples sent to ALS Laboratory in Yellowknife; assay results anticipated late September 2025.
• Exploration History Summary: Historic drilling (e.g., Black Ridge Gold Ltd. 1981‑82) and mining activities documented for context; historic resource estimates are non‑NI 43‑101 compliant and not treated as current.
• Future Plans: Results will feed into drill‑hole planning for subsequent confirmation and step‑out drilling campaigns.
• Permitting: Exploration permits (including First Nations approvals) remain in force through 2030.
• Infrastructure Outlook: Company plans an all‑weather road (~30 km) linking Gordon Lake to Tibbit Lake to reduce future exploration and drilling costs.

Notable Quotes

• “The grant recognition underscores the strategic importance of the Gordon Lake project and supports our continued efforts to advance gold discovery in this world‑class district,” – Brian McClay, CEO & President.