07:39:48 EST Wed 19 Nov 2025
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Arya Resources Ltd
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Arya Resources finds visible gold at Wedge Lake

2025-09-16 20:39 ET - News Release

Mr. Rasool Mohammad reports

ARYA RESOURCES CONTINUES TO INTERSECT VISIBLE GOLD AT WEDGE LAKE GOLD PROJECT, SASKATCHEWAN

Arya Resources Ltd. has provided an update on its continuing drill program at the Wedge Lake gold project in Saskatchewan's La Ronge gold belt.

As announced in the company's Sept. 2, 2025, news release, Arya's maiden drill program successfully intersected visible gold in the first holes drilled at the T-6 zone. Drilling has since advanced in both the T-6 and Twin zone target areas, continuing to return encouraging indications of gold mineralization.

"The continuation of visible gold at the T-6 zone, alongside strong sulphide intersections in the Twin zone, provides further encouragement in this early stage of drilling at Wedge Lake," said Rasool Mohammad, chief executive officer of Arya Resources. "While assays will ultimately determine grade and significance, these visual results reinforce the potential of Wedge Lake as we continue to systematically advance the program."

T-6 zone results

All subsequent holes completed at the T-6 zone have encountered mineralization, with multiple occurrences of visible gold observed:

  • Hole AR25-10: intersected two mineralized zones, both hosting visible gold:
    • 20.40 metres to 21.05 m: quartz vein with three specks of visible gold;
    • 41.70 m to 47.54 m: quartz vein with five specks of visible gold, partially cut by a diabase dike (42.76 m to 43.48 m).
  • Hole AR25-06: 53.15 m to 54.28 m: quartz vein with one speck of visible gold;
  • Hole AR25-05: 36.15 m to 37.35 m: quartz vein with three specks of visible gold;
  • Hole AR25-04: no visible gold observed;
  • Hole AR25-03: 68.44 m to 70.24 m: quartz vein with five specks of visible gold observed (see Sept. 2, 2025, news release);
  • Hole AR25-02: 55.02 m to 58.11 m: quartz containing over five specks of visible gold, including one notable occurrence (about 0.4 millimetre gold grain at 55.55 m) (see Sept. 2, 2025, news release);
  • Hole AR25-01: 32.55 m to 34.76 m: quartz vein with five specks of visible gold observed (see Sept. 2, 2025, news release). 34.76 m to 36.35 m: millimetre-to-centimetre-scale quartz plus or minus carbonate veining with sulphides.

Twin zone results

Located approximately 570 metres from the T-6 zone, the Twin zone hosts gold-only mineralization closely associated with sulphide-rich quartz clast mixtite/breccias in close proximity to sulphide facies iron formation. Banded iron formation-hosted gold deposits are a recognized style of deposit, with Canadian examples including the Lupin, Meadowbank mines, the Meliadine gold district (Nunavut) and the Musselwhite mine (Ontario).

Previous work at the Twin zone has shown that gold mineralization is closely affiliated with the sulphide-bearing quartz clast mixtite/breccias that are associated with the sulphide facies iron formations. Other than gold, no other metals of economic significance have yet been identified at the Twin zone. Some of the holes drilled at the Twin zone, twinned historical drill holes as confirmation drilling in preparation for a National Instrument 43-101-compliant resource on the Twin zone.

Key drill observations include:

  • Hole AR25-09 (Twin 82-02):
    • 54.33 m to 63.90 m: 65 per cent sulphide, dominantly pyrrhotite (Po) with lesser pyrite (Py);
    • 106.80 m to 107.50 m: 75 per cent Po, 5 per cent Py;
    • 168.55 m to 175.08 m: 80 per cent Po, 5- to 7 per cent Py.
  • Hole AR25-08:
    • 8.55 m to 26.25 m: Massive sulphide (70 to 80 per cent sulphide);
    • 26.25 m to 37.50 m: 10 to 15 per cent sulphide;
    • 61.02 m to 75.02 m: 15 to 20 per cent sulphide.
  • Hole AR25-07 (Twin-83-11):
    • 88.55 m to 91.65 m: chert breccia with metre-scale massive sulphide bands:
      • 88.55 m to 89.25 m: 25 per cent Po, 2 per cent Py;
      • 89.25 m to 90.40 m: 3 to 5 per cent Po;
      • 90.40 m to 91.65 m: 65 per cent Po, 5 per cent Py.
    • 98.00 m to 103.90 m: sulphide-facies iron formation (75 per cent sulphide: 70 per cent Po, 5 per cent Py);
    • 103.90 m to 108.95 m: 20 to 25 per cent Po, 2 to 5 per cent Py;
    • 142.04 m to 147.55 m: 25 to 30 per cent Po, 2 to 4 per cent Py.

Disclaimer: All mineral percentage are visual estimates and should not be relied upon.

Qualified person

The technical information in this release has been reviewed and approved by Kevin Wells, PGeo, consulting geologist to Arya Resources and a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

Next steps

All drill holes are logged and cut. Drill holes AR25-01 to AR25-03 have been logged into the lab for sample preparation, all other holes have been safely delivered to the receiving department awaiting the log in process.

About Arya Resources Ltd.

Arya Resources is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and critical metal projects in Saskatchewan. The company is advancing its flagship Wedge Lake gold project and its Dunlop nickel-copper-cobalt project, both strategically located in mining-friendly jurisdictions with excellent infrastructure. As a Tier 2 issuer on the TSX Venture Exchange, Arya is committed to building shareholder value through strategic acquisitions, targeted exploration and sustainable development.

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