Earthwise Announces Planning Underway for 1,000 Meter Drill Program at Talon Zone, Iron Range Gold Project, BC

Executive Summary

• Earthwise Minerals announces a planned 1,000‑meter, three‑hole diamond drill program at the Talon Zone of its Iron Range Gold Project, slated to start in May 2026.
• The Talon Zone has historic intercepts of up to 14 m @ 5.1 g/t Au (plus Pb, Zn, Ag) and 7.1 m @ 8.13 g/t Au, indicating a broad, structurally controlled gold system.
• The Board approved the grant of 1,700,000 incentive stock options at $0.08 per share to senior executives, directors and consultants, vesting immediately and expiring on 27 Feb 2031.

Key Details

• Drill Program Scope: 3 holes totaling ~1,000 m of core drilling targeting continuity, strike/depth extensions, and structural controls within the Talon Zone.
• Start Date: Expected commencement in May 2026.
• Historical Highlights – Talon Zone:
• Hole IR10‑010 (313.80 m) intersected a 56.5 m zone @ 1.9 g/t Au.
• Notable higher‑grade intercepts:
  • 14.0 m @ 5.1 g/t Au, 1.86 % Pb, 2.10 % Zn, 75.3 g/t Ag (Eagle Plains release 21 Dec 2010).
  • 7.1 m @ 8.13 g/t Au, 2.84 % Pb, 3.07 % Zn, 86.6 g/t Ag (same source).
• Project Infrastructure: Fully permitted for drilling; access via Highway 3, nearby rail, power and smelting facilities.
• Exploration Foundation:
• 21,593 m of historic diamond drilling (87 holes).
• 2,482 km of airborne/surface VTEM & IP geophysical surveys.

• $8 M historical exploration spend.

• Geochemical Anomalies: Soil samples show coincident As, Pb, Zn anomalies aligning with sulphide mineralization.
• Property Size & Location: ~21,437 ha near Creston, BC; situated on the Iron Mountain Fault Zone (≈90 km total corridor, >50 km within property).
• Incentive Stock Options Grant: 1,700,000 options at $0.08 per common share; immediate vesting; expiry 27 Feb 2031; granted to senior executives, directors and consultants.
• Qualified Person: Charles C. Downie, P.Geo., reviewed and approved technical disclosure.

Notable Quotes

“Talon has delivered significant historical gold intercepts within a broad, structurally controlled mineralized corridor. Supported by a strong technical foundation, this drill program is a focused step toward evaluating continuity and advancing our understanding of the system's scale potential.” – Mark Luchinski, CEO, Earthwise Minerals

Materiality Assessment: Non‑Material – Positive (the announcement provides forward‑looking operational information without immediate financial impact but signals positive exploration momentum).