03:25:30 EST Thu 05 Feb 2026
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Zodiac Gold Inc
Symbol ZAU
Shares Issued 125,017,872
Close 2026-02-04 C$ 0.20
Market Cap C$ 25,003,574
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Zodiac Gold starts trenching program at Todi project

2026-02-04 17:53 ET - News Release

Mr. David Kol reports

ZODIAC GOLD COMMENCES FOLLOW-UP TRENCHING AT THE BEN BEN TARGET

Zodiac Gold Inc. has commenced a trenching program at its highly prospective Ben Ben target, part of the Todi gold project in Liberia, which will build on strong results from initial trenching and channel sampling in artisanal pits.

The company has planned 1,600 metres of trenching at Ben Ben, which will be followed by up to 2,000 m of trenching along the anomalous trend to the southeast, including the Feh Feh and Youth Camp targets. This work will focus on soil anomalies exceeding 50 to 100 parts per billion Au (gold) and is designed to refine drill targets ahead of the company's inaugural drilling program at Ben Ben, scheduled to begin in February, 2026. The trenches will be thoroughly mapped by the company's geological team and samples will be taken at 1m intervals. Samples will be analyzed at an internationally accredited laboratory, with results being announced at regular intervals throughout the program.

David Kol, chief executive officer of Zodiac Gold, commented: "The launch of follow-up trenching at Ben Ben represents a key milestone in our 2026 exploration strategy. The work advances our efforts along the highly prospective 16 km gold-in-soil anomaly extending from Arthington to Youth Camp. Following our success at Arthington, where 37 of 39 drill holes intersected significant gold mineralization, we are excited to advance our exploration just 1.3 km to the east-southeast at the Ben Ben target, with the aim of demonstrating strong continuity along this extensive anomalous trend."

Surface sample results support strong potential

The Ben Ben target comprises two principal artisanal mining pits 800 metres apart. Previous channel sampling in the main pit at Ben Ben returned high-grade results including:

  • 0.65 m at 53.60 g/t Au;
  • 0.44 m at 71 g/t Au;
  • 1.75 m at 6.23 g/t Au (including 0.7 m at 15.06 g/t Au);
  • 2.50 m at 2.58 g/t Au (including 1.25 m at 4.21 g/t Au);
  • 0.87 m at 6.38 g/t Au;
  • 2.95 m at 1.80 g/t Au (including 0.52 m at 5.44 g/t Au).

The initial trenching completed by Zodiac Gold in 2025 included a standout result of 30 m at 1.24 g/t Au (including one m at 25.1 g/t Au and one m at 6.61 g/t Au) in trench BBT002. Additional broad zones of gold mineralization, ranging from 0.21 to 0.31 g/t Au over widths of 19 to 36 metres, were identified in trenches BBT001, BBT002 and BBT003.

A second extensive anomalous gold-in-soil zone in the north of the Ben Ben target, adjacent to active artisanal alluvial gold extraction, will also be investigated by trenching

Strategic extension along strike from the Arthington discovery

The Ben Ben target is interpreted as the eastern extension of the Arthington discovery where the company has reported significant intersections including:

  • 18 m at 4.67 g/t Au (including one m at 55.9 g/t Au);
  • 9.65 m at 7.50 g/t Au (including three m at 20.36 g/t Au);
  • Six m at 10.60 g/t Au (including three m at 20.45 g/t Au);
  • 25.9 m at 2.10 g/t Au (including 9.14 m at 4.2 g/t Au).

Gold mineralization at the Arthington target dips to the southwest and is hosted in a sheared amphibolite and melanocratic gneiss package -- rock types that are consistently observed along the gold-in-soil anomaly, including at Ben Ben. Gold-in-soil anomalism, supported by structural measurements, suggests that folding, along with shearing of the host amphibolite, may be a key control on gold mineralization. Note that gold-in-soil grades are significantly more anomalous at Ben Ben than at the Arthington discovery.

Qualified person

Tom Dowrick, director of exploration at Zodiac Gold, is a chartered geologist of the Geological Society of London and a qualified person as defined by National Instrument 43-101. He has reviewed and approved the technical and scientific information provided in this release.

About Zodiac Gold Inc.

Zodiac Gold is a West-African gold exploration company focused on its flagship Todi gold project situated in Liberia -- an underexplored, politically stable, mining-friendly jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi shear zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast 2,316-square-kilometre land package. The Todi gold project has undergone derisking, showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, of which two have been drilled and high-grade gold intercepts.

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