01:17:17 EST Wed 04 Feb 2026
Enter Symbol
or Name
USA
CA



Arya Resources Ltd
Symbol RBZ
Shares Issued 43,930,134
Close 2026-02-03 C$ 0.52
Market Cap C$ 22,843,670
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ORIGINAL: Arya Resources Commences Drilling to Expand Gold and Silver Mineralization at Wedge Lake

2026-02-03 16:53 ET - News Release

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - Arya Resources Ltd. (TSXV: RBZ) is pleased to announce that it has begun a new round of drilling at its Wedge Lake Gold Project in Saskatchewan.

This drilling will focus on two key areas of the project — the Twin Zone and the T-6 Zone — where earlier drilling returned encouraging gold results.

The new program is designed to build on these positive results and further explore the project's potential. This work follows the Company's recent drilling success at both zones, which was previously announced:

Twin Zone results: AR25-09 (Nov 3, 2025)

  • 3.86 g/t Au over 44.0 m (76.5-120.5 m) including:
    • 9.90 g/t Au over 16.0 m (89-105 m) and
    • 26.14 g/t Au over 3.80 m (94.6-98.4 m)

T-6 Zone results: AR25-10 (Oct 20, 2025)

  • 21.59 g/t Au over 5.84 m (41.70-47.54 m) including:
    • 30.45 g/t Au over 4.06 m (43.48 - 47.54m)

A gold-dominant bulk-tonnage target with consistent silver credits is also identified at the Twin Zone (February 02, 2026):

Drill HoleComposite 
Interval
Composite 
Length (m)
Weighted 
Gold (g/t)
Weighted 
Silver (g/t)
AR25-00786.0 - 151.0 m65 m0.541.44
AR25-0088.55-78.0 m70 m0.441.35
AR25-00927-127m
163-177m
100 m
14 m
1.74
0.31
1.46
3.22

 

The drilling program aims to build on these positive results by seeing how far the gold and silver zones extend, how deep they go, and how continuous the gold and silver mineralization is.

Two Distinct Styles of Gold Mineralization Identified

Arya has identified two distinct styles of gold mineralization at the Wedge Lake Gold Project:

  • T-6 Zone: Orogenic / Mesothermal gold mineralization

  • Twin Zone: Iron Formation-hosted gold mineralization, comparable to major deposits such as Meadowbank, Lupin, and the Homestake Mine in South Dakota

The T-6 Zone represents a classic orogenic gold system, characterized by structurally controlled quartz veining, alteration, and gold mineralization formed during regional deformation and metamorphism. This style is known globally for hosting large, high-grade gold deposits.

In contrast, the Twin Zone hosts gold and silver mineralization within iron formation, a geological setting associated with some of the world's most significant gold camps. The style of mineralization at the Twin Zone shows strong similarities to:

  • Meadowbank Gold Mine (Nunavut, Canada)

  • Lupin Gold Mine (Northwest Territories, Canada)

  • Homestake Mine (South Dakota, USA)

These analogs highlight the potential for large, long-life gold and silver systems within iron formation-hosted environments.

The Company will provide the market with further updates once drilling commences and results become available.

Option Grant
The Company is pleased to announce that it has granted an aggregate of 750,000 stock options to certain officers and directors of the Company at an exercise price of $0.75 per share, subject to the approval of the TSX Venture Exchange.

Independent Qualified Person

Kevin Wells, P.Geo., a consulting geologist for the Company, is the independent qualified person, as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, for the Wedge Lake Project, who has reviewed, verified, and approved the contents of this news release.

About Arya Resources Ltd. (TSXV: RBZ)

Arya Resources Ltd. 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 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 discovery-driven exploration, disciplined execution, and responsible development. For more information, please visit us at www.aryaresourcesltd.com.

On behalf of the Board of Directors:
Rasool Mohammad, CEO

For more information, please contact:

Arya Resources Ltd.
Rasool Mohammad, CEO
E: rasool@aryaresourcesltd.com
T: (604) 868-7737

CHF Capital Markets
Cathy Hume, CEO
E: cathy@chfir.com
T: (416) 868-1079 x 251

Twitter: @ARYARESOURCES
Facebook: @AryaResourcesLtd.
LinkedIn: @AryaResourcesLtd.
YouTube: @ARYARESOURCES

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements

This news release includes "forward-looking statements" that are subject to assumptions, risks and uncertainties. Statements in this news release which are not purely historical are forward-looking statements, including, without limitation, any statements concerning the Company's intentions, plans, estimates, expectations or beliefs. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, including, without limitation to those relating to the Company's future operations and business prospects, are based on assumptions, none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward-looking statements. Except as required by law, the Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282480

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