Mr. Rasool Mohammad reports
ARYA RESOURCES REPORTS BROAD GOLD, SILVER AND ELEVATED SCANDIUM MINERALIZATION AT THE TWIN ZONE, WEDGE LAKE PROJECT, SASKATCHEWAN
Arya Resources Ltd. has released additional assay results from its 2026 winter drill program at the Wedge Lake gold project, located in the La Ronge gold belt of Saskatchewan. Results from drill holes AR26-11 and AR26-12 continue to confirm the continuity and expansion potential of the gold mineralization hosted by sulphide-bearing iron formations at the Twin zone while also highlighting the presence of scandium and silver mineralization associated with the gold system.
The company notes that assays from drill holes AR26-13, AR26-14, and AR26-15 remain pending.
Key highlights
AR26-11 intersected multiple lenses of gold mineralization downdip from previously released AR25-09, confirming the expansion potential of the Twin zone at depth, as highlighted by:
- 3.91 grams per tonne gold and 4.58 grams per tonne silver over 5.00 metres, including 5.92 g/t Au and 4.43 g/t Ag over 3.00 m;
- 2.05 g/t Au and 4.02 g/t Ag over 10.00 m, including 4.77 g/t Au and 4.43 g/t Ag over 3.00 m;
- 1.90 g/t Au, and 4.53 g/t Ag over 6.80 m, including 3.04 g/t Au and 4.08 g/t Ag over 3.80 m.
AR26-11 -- downdip expansion of the Twin zone
Hole AR26-11 was collared approximately 25 metres behind drill hole AR25-09, targeting the interpreted downdip continuation of the sulphide-bearing iron formation. The hole successfully intersected broad zones of gold mineralization with associated silver and scandium values, approximately 35 m downdip from AR25-09 supporting the continued vertical continuity of the Twin zone mineralizing system.
AR26-11 returned multiple zones of gold mineralization from both sulphide-bearing iron formation units that hosted the other mineralized intersections returned to date from the Twin zone as well as a quartz veining hosted in volcanic rocks located stratigraphically above the iron formation similar to previous drilling at the T-6 zone (see Arya's April 27, 2026, news release).
Chief executive officer Rasool Mohammad commented: "Anomalous gold and silver mineralization is distributed over a broad 133-metre interval within the zone in AR26-11, with silver mineralization present throughout the entire length. Regarding hole AR26-12, we believe the hole may have terminated prematurely and could potentially have intersected additional sulphide-bearing iron formation at depth. The scandium and silver values in hole AR26-12 demonstrate significant strength and further enhance the polymetallic potential of the Twin zone system."
Significant intercepts from AR26-11 include:
- Quartz zone -- located stratigraphically above the iron formations:
- 12.00 m to 12.75 m: 8.71 g/t Au over 0.75 m:
- Note: hosted in quartz veining;
- Upper sulphide iron formation zone -- hosted in the upper sections of the main sulphide-bearing iron formation:
- 74.00 m to 84.00 m: 0.78 g/t Au and 4.34 g/t Ag over 10.00 m, including:
- 75.00 m to 76.00 m: 1.23 g/t Au and 8.9 g/t Ag over 1.00 m;
- 82.00 m to 83.00 m: 2.26 g/t Au and 2.2 g/t Ag over 1.00 m;
- 108.00 m to 113.00 m: 3.91 g/t Au and 4.58 g/t Ag over 5.00 m, including:
- 109.00 m to 112.00 m: 5.92 g/t Au and 4.43 g/t Ag over 3.00 m.
- Lower sulphide iron formation zone -- hosted in the lower part of the main sulphide-bearing iron formation:
- 140.20 m to 147.00 m: 1.90 g/t Au and 4.53 g/t Ag over 6.80 m, including:
- 140.20 m to 144.00 m: 3.04 g/t Au and 4.08 g/t Ag over 3.80 m;
- 161.00 m to 171.85 m: 0.77 g/t Au and 5.60 g/t Ag over 10.85 m, including:
- 169.00 m to 171.85 m: 1.84 g/t Au and 4.37 g/t Ag over 2.85 m;
- Separate lower iron formation horizon -- a distinct, deeper iron formation structure:
- 207.00 m to 217.00 m: 2.05 g/t Au and 4.02 g/t Ag over 10.00 m, including:
- 207.00 m to 210.00 m: 4.77 g/t Au and 4.43 g/t Ag over 3.00 m.
The company believes these results demonstrate the potential for broad mineralized envelopes within the iron formation host, with multiple mineralized horizons carrying gold and silver and values, and that these zones remain open downdip for additional expansion with further drilling.
AR26-12 -- eastern stepout expands mineralized footprint
Hole AR26-12 was drilled approximately 100 metres east of AR25-09 as a twin of historic hole 82-09 near the current eastern margin of the Twin zone. The hole intersected multiple mineralized intervals containing anomalous to elevated gold, silver and scandium values. Hole 82-09 returned 4.56 g/t Au over 11.0 m.
Highlights include:
- Gold- and sulphide-bearing iron formation zones -- intervals featuring significant gold mineralization hosted within the main sulphide horizons:
- Upper sulphide-bearing iron formation horizon (33.00 m to 37.00 m): 2.56 g/t Au and 6.38 g/t Ag over 4.00 m, including:
- 36.00 m to 37.00 m: 9.55 g/t Au and 4.7 g/t Ag over 1.00 m;
- Lower sulphide-bearing horizon (89.00 m to 91.00 m): 4.08 g/t Au and 5.75 g/t Ag over 2.00 m, including:
- 90.00 m to 91.00 m: 7.86 g/t Au and 4.9 g/t Ag over 1.00 m'
- Scandium- and silver-elevated zones -- additional intervals outside the primary gold zones that returned distinct, elevated strategic metal values:
- 24.00 m to 27.80 m: 8.00 g/t Ag and 19.79 parts per million Sc over 3.80 m;
- 43.00 m to 48.15 m: 12.39 g/t Ag and 31.48 ppm Sc over 5.15 m.
Management believes the presence of scandium associated with the sulphide-bearing iron formation and gold-silver mineralization may represent an additional critical metals component to the Wedge Lake system.
Geological interpretation
The 2026 winter drilling program continues to support Arya's interpretation that the Twin zone is hosted within a laterally extensive sulphide-bearing iron formation system with multiple mineralized horizons. Drill hole AR26-11 confirms continuity of the mineralized iron formation downdip while AR26-12 demonstrates continuation of the system to the east.
The company is encouraged by the growing scale of the mineralized footprint and the association of gold with silver and scandium within the broader iron formation package.
The Twin zone is located approximately 1,000 metres east of the company's recently announced Triplet zone discovery, where drilling intersected similar sulphide-bearing iron formation and alteration styles.
Continuing work
Interpretation and compilation work are continuing. The company is currently awaiting additional assay results from drill holes AR26-13, AR26-14 and AR26-15 from the 2026 winter drill program.
Independent qualified person
Kevin Wells, PGeo, 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.
Quality assurance/quality control (QA/QC)
Arya Resources maintains tight core-sample security, quality assurance and quality control for all aspects of its exploration program. All core samples from the winter 2026 were logged, photographed and sampled in La Ronge, Sask. Where possible, core samples are standardized at 1.0-metre downhole intervals. The core samples are cut using a diamond core saw, with half remaining in the core box for future reference. One-half is bagged and then placed in rice bags, secured with zip ties, and delivered by company truck directly to SRC Geoanalytical Laboratories (Saskatchewan Research Council), an ISO/IEC 17025-accredited lab in Saskatoon, Sask., for preparation (crushing and pulverizing) and analyzed using sample method AU9 for quartz vein material at T-6 (with assumed visible gold). The sample is completely crushed, ground, blended and split in half. One-half is archived, and the other is sieved at plus or minus 106 micrometres. All the plus-106-micrometre material is fire assayed. Two 30-gram replicates are fire assayed from the minus-106-micrometre fraction. All weights, assays and calculations are reported. The remaining samples were analyzed using sample method AU3-Gold by fire assay with gravimetric finish.
Company protocols include the insertion of quality control samples consisting of blind standards (certified reference materials), blanks and sample duplicates into the sample stream at a rate of one in 30.
Arya is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.
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 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.
We seek Safe Harbor.
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