18:46:36 EST Sun 08 Feb 2026
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Relevant Gold Corp
Symbol RGC
Shares Issued 103,119,859
Close 2025-06-10 C$ 0.335
Market Cap C$ 34,545,153
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Relevant Gold receives drill permits for Bradley Peak

2025-06-11 15:32 ET - News Release

Mr. Rob Bergmann reports

RELEVANT GOLD PERMITTED AND READY TO DRILL BRADLEY PEAK

Relevant Gold Corp. has received both state and federal permit approvals for a fully financed 5,000-metre drill program on the Apex target at the Bradley Peak gold camp in central Wyoming. This drill campaign is the first ever at the Apex target and is integral to the company's 2025 exploration program. Mobilization has begun and drilling is expected to commence soon.

Multiple targets have been identified and permitted along the 2.5-kilometre Apex shear zone structure. Targeting at Apex is focused on high-grade gold and copper mineralization sampled from multiple two-to-six-metre-wide vein exposures within a distinctive greater-than-200-metre-wide inflection zone. Surface sampling includes multiple greater-than-one-gram-per-tonne-gold samples with a high of 46.8 grams per tonne gold, 7.8 per cent copper and 2 per cent zinc (see press release of Sept. 26, 2024).

"The strong gold values and favourable structures we see at Apex have us eager to put the first-ever drill holes into what looks like the kind of geology seen throughout the Abitibi-Canada's 250-million-ounce gold district, and we believe that drilling at Apex has significant potential to lead to a substantial orogenic gold deposit," said Rob Bergmann, Relevant Gold's chief executive officer. "Gold prices remain robust, and, with strong backing from our collaborative strategic partners at Kinross, Relevant Gold stands ready for our most ambitious exploration program to date."

Bradley Peak gold camp -- 2025 exploration plan highlights:

  • Exceptional target: The Apex zone is a greater-than-2.5-kilometre-long zone of parallel mineralized shear strands underlain by a prominent 100-square-kilometre geophysical anomaly highlighting a large fold hinge structure. Geology comprises a complex array of sheared mafic and ultramafic rocks cut by stockwork quartz veining and alteration. Rock-chip surface sampling at Apex in 2024 returned multiple greater-than-one-gram-per-tonne-gold samples with a high of 46.8 grams per tonne gold, 7.8 per cent copper and 2 per cent zinc, making it the lead-off for Relevant Gold's 2025 exploration efforts (see press release of Sept. 26, 2024). This target has been historically mined through shallow workings but never drilled.
  • Drill permits in hand: The company has received regulatory approval from the Bureau of Land Management (BLM) and Wyoming Department of Environmental Quality -- Land Quality Division (WY-DEQ) to begin drilling at the Apex zone. These permits are valid for two years.
  • Preparation: The company has initiated site preparations while drillers mobilize the rig and supplies. Drilling is expected to begin soon.
  • 5,000-metre drill program: This drill program aims to advance the Bradley Peak gold camp by testing the potential at Apex. Drilling at Apex will seek the continuation of high-grade gold and copper mineralization to depth by following key structural features and Abitibi-style alteration patterns.
  • Systematic exploration: The company plans to continue its successful systematic surface exploration work of detailed structural and geological mapping, sampling and geochemical surveys to further refine targets across the Bradley Peak gold camp.
  • Advanced geophysics: The company plans an airborne versatile time-domain electromagnetic (VTEM) geophysical survey across the entire Bradley Peak project area to rapidly identify deeper exploration targets. The VTEM survey will provide high-resolution data and be combined with the 2023 airborne magnetic survey (see news release of March 25, 2024) to provide quality exploration targets. The company applied for grant support from the Wyoming Energy Authority to help cover up to 50 per cent of the costs related to this survey, further exemplifying the strength of Wyoming as a great jurisdiction to operate. The company expects to find out in coming weeks if the grant is awarded.

Favourable geology and compelling analogies

The geological architecture of the Apex zone demonstrates classic orogenic gold deposit characteristics like those of Canada's 250-million-ounce Abitibi gold belt. Apex shows remarkable surface mineralization identified through systematic geologic mapping and rock-chip sampling. The mineralized system encompasses a greater-than-200-metre-wide zone laced by closely spaced, subvertical shear structures traceable for more than 2.5 kilometres through amphibolite facies metabasalt and metagabbro, granitic and porphyritic intrusives, and mafic dikes. The gold mineralization and alteration along this extensive and broad structural zone indicate an active large-scale hydrothermal system that had the scale and strength characteristic of world-class Archean greenstone gold systems.

Drill planning -- goals and objectives

This year's drill program is focused on proving the vertical continuation of favourable surface geology to depth, especially evaluating the hangingwall and footwall contacts, the alteration progressions, continuation of quartz veining, and mineralization. Completing these objectives will help to define Apex's general structural architecture and provide a more comprehensive understanding of the discovery opportunity throughout Bradley Peak.

The company is planning to drill 5,000 metres of oriented, HQ-sized diamond drill core. Hole inclinations will range from 50 degrees to 90 degrees with depths ranging from 150 metres to 500 metres. Holes may extend deeper when the geology and data indicate.

Quality assurance/quality control

Samples will be submitted to the accredited MSALabs laboratory for preparation and analysis at its Elko, Nev., facility. All samples will be assayed for gold using the PhotonAssay (CPA-Au1) method with a greater-than-250-gram sample. MSALabs employs an internal QA/QC to ensure proper sample preparation and equipment calibration. Additionally, Relevant Gold's QA/QC program includes regular insertion of CRM (certified reference material) standards, duplicates and blanks in the sample batches to further monitor lab accuracy, precision and equipment calibration. All results and QA/QC will be reviewed by Brian Lentz, CPG, who is the chief exploration officer and qualified person for the company.

Qualified person

The scientific and technical contents of this release have been approved by Brian C. Lentz, CPG (No. 11999), chief exploration officer of the company, who is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Lentz is not independent of the company.

About Relevant Gold Corp.

Relevant Gold is a North American gold exploration company founded by experienced exploration geologists and operated by a highly respected team with a proven record of significant value creation for shareholders. Relevant Gold is focused on the acquisition, exploration, discovery and development of district-scale gold projects in the state of Wyoming -- one of the most mining-friendly jurisdictions in the United States and globally.

We seek Safe Harbor.

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