Cambria Gold Mines Announces Commencement of Infill Drilling at the Premier Gold Project and Marketing Services Update

Executive Summary

• Cambria Gold Mines has commenced a 27,000 m underground and surface diamond‑drill infill program at the Premier Gold Project (PGP) to upgrade resource confidence and support restart of mining.
• The drill campaign targets the Premier‑Northern Lights deposit and the Prew Zone on 12.5 m spacing, with additional drilling planned for the Big Missouri deposit in spring 2026.
• New service agreements were signed: a six‑month social‑media consulting contract with Capital Analytica ($150k) and a market‑making agreement with ICP Securities (C$7,500/month).

Key Details

• Drilling Scope: 27,000 m total (underground + surface) at Premier‑Northern Lights; 12.5 m center spacing for underground holes in the Prew Zone.
• Objectives: Improve sample spacing, increase geological confidence, upgrade Mineral Resources & Reserves, and define future mining zones near the newly commissioned 2,500 t/d mill.
• Future Plans: Infill drilling at Big Missouri deposit (spring 2026) to evaluate both near‑surface open‑pit potential and deeper stoping zones.
• Assay Review: Company is reviewing held drill assay results from 2024‑2025; results will be released soon and incorporated into an updated Feasibility Study slated for H2 2026.
• QA/QC Enhancements:
• Sample preparation split increased to 1,000 g (from 250 g).
• Crush duplicates & pulp duplicates at 1 in 20 rate; half‑core duplicates replace quarter‑core duplicates.
• Fire assay charge weight raised to 50 g (Au-AA26) and over‑limit fire assays to Au‑GRA22.
• New coarse blank material identified.
• Analytical Lab: ALS Canada Ltd., North Vancouver – fire assay, atomic absorption, ICP‑OES/AES per detailed protocols.
• Qualified Person: Blaine Smit, P.Geo., VP Exploration (non‑independent QP under NI 43‑101).

Service Agreements

• Capital Analytica (Triomphe Holdings Ltd.) – Social‑media consulting & investor awareness; $150,000 total, payable in two equal installments; optional renewal for six months at $75,000.
• ICP Securities Inc. – Automated market‑making services; C$7,500 per month plus taxes; 4‑month initial term with automatic one‑month renewals; no performance fees or equity compensation.

Notable Quotes

“We are excited to commence this infill drilling program at the Premier Gold Project. The primary objective of this drilling is to provide the necessary sample spacing and geological confidence to upgrade Mineral Resources and Reserves, as well as accurately define future mining zones proximal to the recently commissioned mill facilities,” – Robert McLeod, President & CEO.

Materiality Assessment: Material – Positive (the drilling program is a significant step toward restarting production and upgrading resources, which could materially affect the company’s valuation).