17:02:12 EDT Thu 20 Aug 2026
Enter Symbol
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USA
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Goldinxs Mining Corp
Symbol INXS
Shares Issued 35,135,026
Close 2026-08-19 C$ 0.12
Market Cap C$ 4,216,203
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Goldinxs Mining receives drill permits for Fishpot

2026-08-20 15:34 ET - News Release

Mr. Barry Miller reports

GOLDINXS RECEIVES DRILL PERMIT AND CLAIMS APPROVAL EXPANDING FISHPOT PROJECT AREA AHEAD OF INAUGURAL MODERN DRILL PROGRAM

Goldinxs Mining Corp. has received the required drilling permits for its flagship Fishpot property in central British Columbia. This allows the company to move forward with its planned inaugural diamond drill program of up to 2,000 metres following the results of the 3-D induced polarization (IP), which was recently completed by SJ Geophysics Ltd.

Highlights:

  • A multiyear area-based (MYAB) drilling permit has been issued by the British Columbia Ministry of Mines and Critical Minerals to Goldinxs for the Fishpot property.
  • The permit allows Goldinxs to move forward with its 2026 drill program of up to 2,000 metres.
  • Priority drill targets have been identified through the integration of geological mapping, surface geochemistry and airborne geophysics, which will be further refined with the chargeability and resistivity responses from the completed IP survey.
  • The integrated exploration program has been designed to identify anomalies typically associated with sulphide mineralization and hydrothermal alteration.
  • Goldinxs is also evaluating additional target-generation data from Virtual Drill technology, which is being integrated with conventional exploration data sets.
  • Fishpot remains virtually untested by modern drilling, with only 378 metres completed across two historical holes.
  • Fishpot encompasses 5,509 hectares of prospective geology, increased from 2,472 hectares with recently approved claims tenures 1137374 and 1137373.

Nick Michael, president and chief executive officer of Goldinxs, commented: "Receiving our drilling permits is a major milestone for Goldinxs and brings Fishpot to the point where we can move from target generation to drill testing. We have systematically advanced the project through the first modern, systematic geological, geochemical and geophysical programs, and we are now positioned to test our highest-priority targets with the drill bit. With Fishpot's encouraging surface geochemistry, compelling geophysical signatures, limited historical drilling, combined with an increased project area, our upcoming drill program is an important next step in evaluating the potential of this underexplored mineral system."

Surface exploration at Fishpot has previously returned rock sample results of up to 5.65 grams per tonne gold, 11.35 grams per tonne silver and 0.42 per cent copper. The property exhibits geological, alteration and geochemical characteristics that have led Goldinxs to investigate potential epithermal and porphyry-style mineralization. The project already indicates geological characteristics similar to Blackwater-style systems, including its regional setting, volcanic-hosted hydrothermal alteration and prospective gold-silver mineralization. Located approximately 65 kilometres from Artemis Gold's Blackwater mine (a major open-pit gold and silver project), Fishpot offers an opportunity to test whether these favourable geological characteristics translate into a significant mineralized system at depth. Further exploration and drilling will be required to determine the nature, extent and continuity of any mineralization at Fishpot.

Next steps

With drilling permits now in hand, Goldinxs is focused on finalizing drill targeting and preparing for the company's inaugural diamond drill campaign at Fishpot in the coming months. This drilling will provide the first modern subsurface test of multiple priority targets across a property that is highly prospective and largely unexplored by modern drilling.

About Goldinxs Mining Corp.

Goldinxs Mining is a Canadian mineral exploration company focused on discovering and advancing high-quality gold and copper projects in British Columbia. The company's flagship asset is the Fishpot property, a large epithermal gold system in central British Columbia with Blackwater-style exploration potential. Goldinxs also holds the Millar property in the Golden Triangle. The company is listed on the TSX Venture Exchange under the symbol INXS and is led by an experienced management and technical team committed to disciplined exploration and value creation for shareholders.

Qualified person statement

The technical information in this news release has been reviewed and approved by Darcy Vis, PGeo, vice-president of exploration of Goldinxs Mining and president of Tripoint Geological Services Ltd., who is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Vis has verified the data disclosed in this news release through data review, including the sampling, analytical and test data underlying the information.

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