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BRS Resources Ltd (2)
Symbol BRS
Shares Issued 33,252,395
Close 2026-08-06 C$ 0.30
Market Cap C$ 9,975,719
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BRS samples 2.06 g/t Au, 76.3 g/t Ag at SilverGold

2026-08-10 16:38 ET - News Release

Mr. Byron Coulthard reports

BRS RESOURCES REPORTS INITIAL ROCK SAMPLE ASSAY RESULTS FROM SILVERGOLD MOUNTAIN PROJECT

BRS Resources Ltd. has released preliminary analytical results from its 16-sample rock sampling program at the SilverGold Mountain project.

The preliminary assay results -- certified by Skyline Assayers & Laboratories in Tucson, Ariz. -- confirm significant gold, silver and copper mineralization across the target area, highlighted by precious metal values up to 2.06 grams per tonne Au (gold) and 76.3 g/t Ag (silver), alongside copper grades up to 1.20 per cent Cu (copper).

Strategic location: the Lulatos gold belt

In exploration, project location is an important consideration. The SilverGold Mountain project is strategically situated in the heart of the Mulatos gold belt (located in the Sierra Madre occidental region of eastern Sonora, Mexico) -- widely recognized as one of North America's premier high-sulfidation epithermal precious metals corridors. Positioning the project within this established mining jurisdiction provides BRS with exposure to a prospective geological environment and structural proximity to major producing gold deposits.

Key program highlights

  • High-grade precious metals: rock sampling returned strong gold and silver values, led by peak assays of 2.06 g/t Au and 76.3 g/t Ag;
  • Multiple samples with elevated precious metal values: multiple contiguous samples yielded consistent precious metal values in excess of 0.95 g/t Au and 50 g/t Ag, indicating a coherent target area;
  • Copper mineralization: high-grade copper mineralization was identified across the target area, returning copper grades up to 1.20 per cent Cu.

Permitting and upcoming exploration

In parallel with target synthesis, the company is advancing permitting activities through its Mexican subsidiary, Canson Mining Group S.A. de C.V. BRS is actively working on securing drill permits with plans to test priority drill targets before the end of the year.

Geological commentary and executive insights

Allan L. Schappert (CPG, SME-RM), principal geologist at ALS Geo Resources and independent qualified person (QP), commented: "These initial preliminary assay results from SilverGold Mountain are encouraging and demonstrate the presence of gold, silver, lead, zinc and copper mineralization within the sampled area. The geochemical association of these metals is consistent with mineralized systems observed elsewhere in the region and supports additional geological mapping, sampling and follow-up work. Several samples returned elevated precious metal values, and further work will be required to better understand the extent, continuity, orientation and significance of the mineralization identified to date. In addition, several lead and zinc values exceed upper detection limits (greater than 1.0 per cent), and we look forward to receiving overlimit analyses to further evaluate the property's geochemical characteristics."

Byron Coulthard, president and chief executive officer of BRS Resources, added: "We are thrilled with these preliminary assays from SilverGold Mountain. Gold values of up to 2.06 g/t Au, silver values of up to 76.3 g/t Ag and copper values of up to 1.20 per cent Cu support our continued evaluation of the project and assist in identifying priorities for future exploration activities. We look forward to advancing our technical assessment of the property as Canson Mining Group continues permitting and exploration planning activities."

Quality assurance/quality control (QA/QC) and qualified person

Rock samples were analyzed by Skyline Assayers & Laboratories in Tucson, Ariz. (ISO 17025/ISO 9001 accredited). Gold was analyzed using fire assay with AAS finish (FA-01), while multielement pathfinder suite analysis was completed via four-acid and aqua regia digestion with ICP-MS finish (TE-7). Standard QA/QC procedures included insertion of certified reference materials and duplicate rock analysis.

The rock samples referenced in this news release were selective samples collected from surface outcrops and mineralized material observed during reconnaissance fieldwork and are not necessarily representative of the overall mineralization present on the SilverGold Mountain project. Sample locations were selected based on geological observations and evidence of mineralization identified in the field.

Allan L. Schappert, CPG, SME-RM, principal geologist of ALS Geo Resources LLC and an independent qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

About BRS Resources Ltd.

BRS Resources is a mineral exploration company focused on the identification, evaluation, and acquisition of mineral exploration properties using sustainable and innovative practices. BRS prioritizes building trust within the communities where it operates and creating lasting value for its stakeholders through responsible resource development.

We seek Safe Harbor.

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