Urbana Corporation Intersects 4.2 g/t Au over 10 Metres and Begins Second Drill Program

Executive Summary

• Urbana Corporation announced the start of its 2026 diamond drilling program (3,000 m) on the Urban Township Project in Québec, building on encouraging 2025 results.
• The 2025 program delivered notable intercepts, including 4.2 g/t Au over 10 m near surface (hole UU‑25‑12) and several high‑grade short intervals (e.g., 23.4 g/t Au over 1.5 m).
• The new drill campaign will test extensions of known mineralization, evaluate historic targets such as the Farchell showing (203 g/t Au grab sample) and the Roben occurrence (30.5 g/t Au over 2.3 m), and explore newly identified structural and geophysical targets.

Key Details

• 2026 Drilling Program Scope: 3,000 metres of diamond drilling across multiple target zones on the 1,154.4‑ha Urban Township Project.
• 2025 Drilling Summary (17 holes, 5,226 m):
• Best intercept – Hole UU‑25‑12: 4.2 g/t Au over 10.0 m near surface.
• Other significant results include:
  • Hole UU‑25‑13: 6.43 g/t Au over 0.5 m (18.85–19.35 m).
  • Hole UU‑25‑12 (including): 23.4 g/t Au over 1.5 m (28.50–30.00 m).
  • Hole UU‑25‑10: 3.55 g/t Au over 0.75 m (229.30–230.05 m).
• Key Target Zones for 2026:
• Mazères–Windfall fault zone – prior intercept of 3.28 g/t Au over 3.45 m.
• Farchell showing – historic grab sample of 203 g/t Au.
• Roben occurrence – historical drill intersect of 30.5 g/t Au over 2.3 m (Sigeom‑GM57860).
• Exploration Rationale: High‑grade surface results, strong structural controls, and proximity to the prolific Windfall deposit (Gold Fields) and past‑producing Barry deposit (Bonterra Resources).
• QA/QC Procedures: Core split, analysis by ALS Laboratories (ISO 9001), fire assay for Au, aqua regia digestion for Cu/Ag, four‑acid digestion (MS48) for multi‑element work; use of certified reference materials OREAS 222 & OREAD 240 and blanks.
• Qualified Person: Mathieu Stephens, P.Geo., Principal Geological Consultant (NI 43‑101 Qualified Person, not independent).
• CEO Comment: Thomas S. Caldwell highlighted the encouraging 2025 results, current gold price environment (>US$5,000/oz), and the program’s aim to define scale and continuity of mineralization.

Notable Quotes

“The results from last year’s drilling program were extremely encouraging… Our upcoming drill program is designed to build on this momentum and further evaluate the scale of the mineralized system.” – Thomas S. Caldwell, CEO, Urbana Corporation.