21:38:24 EDT Mon 27 Jul 2026
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Northern Lights Resources Corp (2)
Symbol NLR
Shares Issued 70,643,704
Close 2026-07-27 C$ 0.11
Market Cap C$ 7,770,807
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Northern Lights begins drilling at Pup

2026-07-27 17:24 ET - News Release

Mr. Guy Mahaffy reports

NORTHERN LIGHTS COMMENCES INAUGURAL DRILL PROGRAM AT PUP COPPER PROJECT IN THE YUKON

Northern Lights Resources Corp. has started drilling at its Pup copper project located 10 kilometres west of Dawson City, Yukon.

Highlights:

  • First ever drill test of Pup: the program will provide the first ever drill test of bedrock beneath the copper-in-soil anomalies and copper oxide mineralization identified at surface within the Petal and Gismo zones;
  • Petal zone: an open-ended zone approximately 1,000 metres long by 400 metres wide, with rock grab samples returning values of up to 3.799 per cent Cu and soil samples returning up to 2,962.9 parts per million Cu;
  • Gismo zone: an open-ended zone approximately 100 metres wide, characterized by widespread anomalous copper, plus or minus molybdenum, gold and silver;
  • Favourable geological setting: both zones share geological similarities with targets in the Minto copper belt; the project is situated within the mineral-rich Yukon-Tanana terrane, which hosts numerous significant copper-gold porphyry systems, volcanogenic-hosted massive sulphide base metal targets and orogenic gold deposits;
  • Road-accessible and fully permitted: work on the project is covered by a Class 3 exploration permit valid for 10 years beginning April 29, 2026, authorizing drilling, trenching, trail construction and limited road building.

The fully permitted and financed program is to be composed of up to 10 shallow reverse circulation scout holes totalling approximately 600 metres, designed to test near-surface targets at the Gismo and Petal zones. The targets were prioritized through the company's disciplined, data-driven exploration workflow, integrating results from soil geochemistry, hand-trenching, prospecting and ground magnetic surveying completed during the 2025 field season.

In preparation for drilling, the company completed excavator trenching, drill pad construction, trail building and surface prospecting (see company press release dated June 18, 2026). Samples collected during this work have been submitted for analysis, and results will be reported once analytical results have been received, compiled and interpreted.

"Putting a drill on the ground at Pup for the first time is an important moment for Northern Lights," stated Guy Mahaffy, chief executive officer of Northern Lights. "Every stage of our work to date, including the soil geochemistry, hand trenching, prospecting and ground magnetics, has led us to the same conclusion: We are dealing with a near-surface copper system across multiple zones that has never been drill tested. This reconnaissance drill program is designed to provide the first direct test of those targets, and we do so from a position of knowledge rather than speculation. We look forward to reporting results as the program advances. With drilling now under way at Pup and work continuing at Horetzky and Secret Pass, 2026 is on track to be the most active exploration year in the company's history."

About the Pup copper project

Pup is located approximately 10 kilometres west of the regional centre of Dawson City, Yukon, and consists of 90 quartz claims covering approximately 1,820 hectares. The project is accessible through a network of gravel roads leading to two active placer gold mines.

Qualified person

Steven McMullan, PGeo, supervised the preparation of and reviewed and approved the scientific and technical information contained in this news release. Mr. McMullan is a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Northern Lights Resources Corp.

Northern Lights is a growth-oriented mineral exploration and development company advancing three key projects: the Horetzky copper project, located in the Babine porphyry belt of central British Columbia, the Pup copper project in the Yukon and the 100-per-cent-owned Secret Pass gold project located in Arizona.

Northern Lights trades under the ticker NLR on the Canadian Securities Exchange, on the OTC under the ticker NLRCF and on the Frankfurt Stock Exchange under the ticker symbol 0ZH0.

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