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Armory Mining Corp
Symbol ARMY
Shares Issued 89,470,309
Close 2026-03-24 C$ 0.04
Market Cap C$ 3,578,812
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Armory Mining acquires historical data for Riley Creek

2026-03-25 13:46 ET - News Release

Mr. Alex Klenman reports

ARMORY MINING ACQUIRES GEOLOGICAL DATA FOR THE RILEY CREEK ANTIMONY-GOLD PROJECT, BRITISH COLUMBIA

Armory Mining Corp. has acquired historical data relating to its Riley Creek antimony-gold project and plans to complete a detailed analysis of the data set using modern interpretation methods and advanced software. The company anticipates commencing this data review immediately and intends to begin its previously stated work within the next 90 days.

Historical geophysical survey

In 1995, an extensive airborne survey incorporating magnetometer, electromagnetic and radiometric data was completed over the property by Dighem. The survey utilized its multicoil, multifrequency Dighem system, along with a high-sensitivity cesium magnetometer, a 256-channel spectrometer and a four-channel very-low-frequency (VLF) receiver. The survey covered approximately 575 line kilometres along east-west-oriented flight lines spaced at 100-metre intervals.

The original 1997 interpretation of the survey data identified 11 areas of interest based on geophysical anomalies and structural complexity. The work highlighted multiple fault systems, potential intrusive contacts, radiometric anomalies and electromagnetic conductors, all of which were considered prospective and warranted follow-up ground evaluation.

Modern data analysis program

The company intends to digitize and analyze the complete geophysical data set using current processing algorithms and interpretation techniques that were not available at the time of the original survey. Advances in geophysical software now provide enhanced data filtering, three-dimensional modelling and the ability to integrate multiple data sets, which may reveal additional geological features and exploration targets not previously identified.

"By applying modern processing techniques to this high-quality data set, we believe it will yield valuable insights and assist us in identifying priority drill targets. This work will help to improve our understanding of the structural controls on antimony mineralization in this highly prospective area," said Alex Klenman, chief executive officer. "With planning under way for phased exploration at our Ammo antimony-gold project and with this analysis program at Riley Creek expected to begin within the next 60 days, we continue to advance our projects and prepare for more comprehensive exploration programs over the coming year," he added.

About the Riley Creek project

The Riley Creek project is located on Graham Island in the Queen Charlotte Islands, British Columbia, at latitude 53 degrees 23'N and longitude 132 degrees 25'W. The property is accessible year-round by logging roads from the village of Port Clements to the north and Daajin Giids (formerly Queen Charlotte City) to the southeast. The regional geology comprises Jurassic Yakoun formation sedimentary rocks, Tertiary Masset formation volcanic flows and pyroclastics, and Tertiary plutonic intrusions of the Kano suite.

About Armory Mining Corp

Armory Mining is a Canadian exploration company focused on minerals critical to the energy, security and defence sectors. The company controls an 80-per-cent interest in the Candela II lithium brine project located in the Incahuasi salar in Salta province, Argentina. In addition, the company controls 100-per-cent interest in both the Ammo antimony-gold project, located in Nova Scotia, and the Riley Creek antimony-gold project, located in British Columbia.

Qualified person

The technical content of this news release has been reviewed and approved by Babak V. Azar, PGeo, a qualified person as defined by National Instrument 43-101. Historical reports provided by the optionor were reviewed by the qualified person. The information provided has not been verified and is being treated as historic.

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