Q3 revenue was $1.71 million, up 94% year-over-year and 63% sequentially; company reaches break-even on recurring revenue and monthly profitability
New York, NY, Oct. 07, 2026 (GLOBE NEWSWIRE) — GAMEE, the gaming and digital rewards platform and a majority-owned subsidiary of Alpha Compute Corp. (Nasdaq: ALP) (“Alpha Compute” or the “Company”), a vertically integrated leader in Sovereign Super Intelligence, today announced record third-quarter results, marking four consecutive quarters of revenue growth and a significant milestone in GAMEE’s evolution.
GAMEE generated an estimated $1.71 million in Q3 revenue, representing 94% year-over-year growth compared with $879,000 in Q3 2025 and 63% quarter-over-quarter growth from $1.048 million in Q2 2026.
For the first time in its history, GAMEE reached break-even on recurring Web2 revenue and achieved monthly profitability in August, demonstrating the increasing strength and efficiency of its operating model.
The company attributes its continued growth to the optimization and upgrading of its existing game portfolio, combined with the increasing use of artificial intelligence throughout product development, marketing creative production, advertising, localization and other areas of the business.
GAMEE’s products currently reach approximately 270,000 daily active users (DAUs) and 2.61 million monthly active users (MAUs) across platforms, with the majority of users coming through native applications. During Q3, GAMEE products generated approximately 118 million gameplays, with 7.01 million users interacting with its games.
Gold Fest, Vol. 2 Builds on nGRND Partnership
On August 26, GAMEE launched the second phase of its nGRND partnership with Gold Fest, Vol. 2, following the successful first-half 2026 event.
The campaign, which is scheduled to run through the end of October, had attracted 259,000 unique users by the end of Q3, with an 88% earner penetration of Gold Points, which serve as a proxy for the real-world-asset (RWA) tokenized in-situ gold associated with the initiative.
AI-Powered Consumer Applications: A New GAMEE Vertical
Following the acquisition of Alpha Compute and an assessment of evolving market opportunities, GAMEE is establishing a new business vertical focused on AI-powered consumer applications.
The new vertical combines GAMEE’s existing strengths in gamification, consumer product development, branding, distribution and user acquisition with Alpha Compute’s AI and compute capabilities.
Rather than targeting existing sophisticated AI users, GAMEE is focusing on consumers who have not yet adopted AI or who currently use AI only at a basic level.
The new applications are designed around an AI-arbitrage model, providing consumers with simple, purpose-built experiences that abstract away much of the complexity associated with conventional AI interfaces—including model selection, prompting and context management.
GAMEE is targeting specific consumer problems and niches through pre-prompted, adaptive and gamified AI companions designed to make AI more accessible, engaging and useful.
Every user interaction generates underlying compute demand, creating a model in which consumer applications can simultaneously deliver utility to users and drive scalable demand for AI compute.
Building an AI Application Platform, Not a Single Product
GAMEE is building shared infrastructure for an entire portfolio of AI consumer applications, rather than developing a single standalone product.
This infrastructure is intended to allow the company to rapidly test new concepts, identify products with strong market potential and establish a repeatable process for AI product development, distribution and user acquisition.
The approach is designed to reduce the risk associated with building individual consumer applications while increasing the company’s ability to experiment across multiple markets and use cases.
From AI Apps to a “Neo Publisher” Model
GAMEE’s longer-term ambition is to evolve this model into what it describes as a “Neo Publisher.”
Under this model, GAMEE would extend its infrastructure, distribution capabilities and consumer-growth expertise beyond internally developed applications to work with external developers.
The company would identify promising AI application concepts, help developers test and validate those products in the market, and selectively co-publish successful applications in exchange for a share of revenue.
The resulting model would combine AI-native product development, consumer distribution, gamification, user acquisition and publishing into a scalable platform designed to discover and commercialize the next generation of AI consumer applications.
By expanding the number of successful applications distributed through the platform, GAMEE expects the model to create a corresponding increase in underlying AI compute demand.
Initial AI Product Launches Expected in Q4 2026
Development of the shared AI application infrastructure is already underway, with initial product launches expected in Q4 2026.
The company expects to use the initial launches to validate consumer demand, refine its AI application development framework and establish the foundation for the broader Neo Publisher strategy.
“Q3 represents an important milestone for GAMEE,” said Martin Žákovec, CEO of GAMEE. “We have demonstrated that we can grow the existing business while becoming more efficient, reaching monthly profitability and expanding our user base. At the same time, the acquisition of Alpha Compute gives us the opportunity to apply GAMEE’s consumer product and distribution expertise to one of the largest emerging markets in technology: AI-powered consumer applications.”
“Our objective is not simply to build another AI app. We are building the infrastructure, development process and distribution engine to discover and scale an entire portfolio of AI products and ultimately to open that platform to external developers through a new Neo Publisher model.”
About GAMEE GAMEE, owned byAlpha Compute Corp., is a consumer technology company focused on interactive entertainment, gamification and AI-powered consumer applications. GAMEE operates a portfolio of games reaching millions of users across platforms and is leveraging its expertise in gamification, branding, distribution and user acquisition to build a new generation of AI-powered consumer products.
Following the acquisition of Alpha Compute, GAMEE is expanding beyond gaming into AI applications designed to simplify access to artificial intelligence for mainstream consumers while creating scalable demand for AI compute.
About Alpha Compute Corp. Alpha Compute Corp. (Nasdaq: ALP) is a vertically integrated technology company delivering High Performance Computing (HPC) and AI Confidential Compute. Alpha Compute’s mission is to empower clients, subsidiaries, and partners across critical sectors, including finance, defense, intelligence, and media with the essential framework required for secure, confidential computing environments. Alpha Compute operates globally with offices in New York, Los Angeles, Miami, Amsterdam, and Toronto. Alpha Compute is a proud founding partner of the Right2Compute Coalition.
Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, and can be identified by words such as “expects,” “believes,” “intends,” “anticipates,” “estimates,” “plans,” “targets,” “will,” “may,” “would,” “ambition” and similar expressions. Such statements include, without limitation, statements regarding GAMEE’s estimated Q3 2026 revenue and user metrics, which remain subject to finalization; GAMEE’s ability to sustain revenue growth, break-even on recurring Web2 revenue and monthly profitability; the expected duration, performance and outcomes of Gold Fest, Vol. 2 and the nGRND partnership; GAMEE’s evaluation of its continued level of development within the Telegram ecosystem; the establishment, timing and success of GAMEE’s new AI-powered consumer applications vertical and shared AI application infrastructure, including initial product launches expected in Q4 2026; the development and viability of the “Neo Publisher” model, including engagement with external developers and co-publishing arrangements; the anticipated relationship between consumer application adoption and demand for Alpha Compute’s AI compute capacity; and the integration of GAMEE with Alpha Compute’s AI and compute capabilities.
These forward-looking statements are based on management’s current expectations and assumptions and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such factors include, among others: changes in the Telegram ecosystem and other third-party platforms on which GAMEE’s products depend; the company’s ability to attract, retain and monetize users; the rate of consumer adoption of AI-powered applications; the company’s ability to develop, launch and scale new products on the expected timeline; competition in the gaming, digital rewards and consumer AI markets; the performance and availability of Alpha Compute’s compute infrastructure; regulatory developments affecting digital rewards, tokenized assets and artificial intelligence; the company’s ability to enter into and maintain arrangements with external developers and partners; general economic and market conditions; and other risks described in Alpha Compute’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Preliminary and estimated financial and operating metrics in this press release have not been audited or reviewed and may be subject to adjustment.
Forward-looking statements speak only as of the date of this press release. Except as required by applicable law, neither GAMEE nor Alpha Compute undertakes any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
Investor & Media Contact Alpha Compute Corp. ir@alphacompute.ai www.alphacompute.ai
Bang & Olufsen A/S has, pursuant to the Danish Capital Markets Act, received a major shareholder notification from UBS Group AG.
As per 01 October 2026, UBS Group AG’s holding of shares and voting rights pursuant to section 38 of the Danish Capital Markets Act, as well as other financial instruments pursuant to section 39(2), was above 5 percent of the total share capital and voting rights in Bang & Olufsen A/S.
As per 02 October 2026, UBS Group AG’s holding of shares and voting rights pursuant to section 38 of the Danish Capital Markets Act, as well as other financial instruments pursuant to section 39(2), was below 5 percent of the total share capital and voting rights in Bang & Olufsen A/S.
As of 02 October 2026, UBS Group AG held a total of 7,097,731 shares and voting rights in Bang & Olufsen A/S, corresponding to 4.82 percent of the total share capital and voting rights.
For further information, please contact:
Cristina Rønde Hefting Sr. Director, Head of Strategy & Investor Relations Phone: +45 4153 7303
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) today announced that it has agreed to sell four 2014- and 2015-built LR2 product tankers and three 2019-built Suezmax tankers, currently on time charters to Trafigura, a global leader in the commodities industry.
The vessels were acquired in 2021 and 2022, and the charter agreements include a profit share mechanism in the event of a profitable sale. The Company has now agreed to sell the vessels to Trafigura with delivery in Q4 2026 and Q1 2027, and the existing charters will terminate when the vessels are delivered to the buyer.
The sales price per vessel is confidential, but after profit share and repayment of associated debt, the net cash proceeds to SFL is estimated at approximately $275 million in aggregate. The Company currently estimates an aggregate book gain of approximately $175 million from the transaction.
Ole B. Hjertaker, Chief Executive Officer of SFL Management AS, commented: “This transaction demonstrates the intrinsic value of our operating platform. We have enjoyed strong cash flows from the vessels over the last five years, and in addition retained a significant share of the asset value upside, which is crystallizing now. We expect to reinvest the proceeds in new accretive investments that will build our long-term distribution capacity.”
October 7, 2026
The Board of Directors SFL Corporation Ltd. Hamilton, Bermuda
Media Contact: Ole B. Hjertaker, Chief Executive Officer, SFL Management AS, +47 23114011
About SFL
SFL has a unique track record in the maritime industry and has paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004. The Company’s fleet of vessels is comprised of tanker vessels, bulkers, container vessels, car carriers and offshore drilling rigs. SFL’s long term distribution capacity is supported by a portfolio of long-term charters and significant growth in the asset base over time. More information can be found on the Company’s website: www.sflcorp.com.
This press release may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although SFL believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, SFL cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions.
Important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward looking statements include the strength of world economies, fluctuations in currencies and interest rates, general market conditions in the seaborne transportation industry, which is cyclical and volatile, including fluctuations in charter hire rates and vessel values, changes in demand in the markets in which the Company operates, including shifts in consumer demand from oil towards other energy sources or changes to trade patterns for refined oil products, changes in market demand in countries which import commodities and finished goods and changes in the amount and location of the production of those commodities and finished goods, technological innovation in the sectors in which we operate and quality and efficiency requirements from customers, increased inspection procedures and more restrictive import and export controls, changes in the Company’s operating expenses, including bunker prices, dry-docking and insurance costs, performance of the Company’s charterers and other counterparties with whom the Company deals, the impact of any restructuring of the counterparties with whom the Company deals, and timely delivery of vessels under construction within the contracted price, governmental laws and regulations, including environmental regulations, that add to our costs or the costs of our customers, potential liability from pending or future litigation, potential disruption of shipping routes due to accidents, political instability, terrorist attacks, piracy or international hostilities, the length and severity of the ongoing coronavirus outbreak and governmental responses thereto and the impact on the demand for commercial seaborne transportation and the condition of the financial markets, and other important factors described from time to time in the reports filed by the Company with the United States Securities and Exchange Commission. SFL disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Shell plc (the ‘Company’) announces that on 06 October 2026 it purchased the following number of Shares for cancellation.
Aggregated information on Shares purchased according to trading venue:
Date of Purchase
Number of Shares purchased
Highest price paid
Lowest price paid
Volume weighted average price paid per share
Venue
Currency
06/10/2026
925,000
£ 36.6250
£ 35.8950
£ 36.3305
LSE
GBP
06/10/2026
–
–
–
–
Chi-X (CXE)
GBP
06/10/2026
–
–
–
–
BATS (BXE)
GBP
06/10/2026
475,000
€ 43.2550
€ 42.4450
€ 42.9463
XAMS
EUR
06/10/2026
–
–
–
–
CBOE DXE
EUR
06/10/2026
–
–
–
–
TQEX
EUR
These share purchases form part of the on- and off-market limbs of the Company’s existing share buy-back programme previously announced on 30 July 2026.
In respect of this programme, Goldman Sachs International will make trading decisions in relation to the securities independently of the Company for a period from 30 July 2026 up to and including 23 October 2026.
The on-market limb will be effected within certain pre-set parameters and in accordance with the Company’s general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company’s general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052 (the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as “onshored” into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time.
In accordance with EU MAR and UK MAR, a breakdown of the individual trades made by Goldman Sachs International on behalf of the Company as a part of the buy-back programme is detailed below.
Enquiries:
Media International: +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html
Surebet Zone cross section including GD-26-483 and GD-26-474.
Figure 2
Highlights of GD-26-483.
Figure 3
Big Bulk Zones – plan view including GD-26-440.
Figure 4a
VG-NE
Figure 4b
VG-NE
Figure 4c
VG-NE
Figure 4d
VG-NE
Figure 4e
VG-NE
Figure 4f
VG-NE
Figure 4g
VG-NE
Figure 5
Plan view of VG-NE distribution
Figure 6
Bonanza Zone – plan view expansion map
Figure 7
Golden Gate Zone – plan view expansion map
Figure 8
Big Bulk Zone – cross section of central core zone
Figure 9
Cross section conceptual view of mineralized wedge in Big Bulk Zones
Figure 10
Plan view of infill and expansion pads for 2027
Figure 11
Isometric View of the Surebet Discovery Ore Mineralization Model
Assay results confirm grade continuity across all major mineralized zones at the Surebet High-Grade Gold Discovery that demonstrates predictability of the mineralization model as the system was expanded by more than 1 km along the NE–SW trend and by 100 meters to the north as well as west resulting in a total footprint of the Surebet System increasing to 2.01 Km2. Assays are still pending for 55 holes drilled in 2026.
Surebet Zone – Drill hole GD-26-483 intersected 9.89 g/t AuEq over 12.00 meters, including 28.81 g/t AuEq over 4 meters consisting of pyrrhotite-galena-sphalerite rich quartz breccia associated with abundant Visible Gold to the Naked Eye (VG-NE), confirming continuity and high-grade nature of the Surebet Zone; see Figures 1., 2. and Table 1.
Multiple drill holes confirm the strong continuity and high-grade nature of all 6 mineralized zones within the Surebet System. Highlights include:
Big Bulk Zone – Drill hole GD-26-440 intersected 24.97 meters of 0.70 g/t AuEq (0.66 g/t Au and 3.85 g/t Ag), including 1.09 g/t AuEq (1.07 g/t Au and 5.25 g/t Ag) over 7.05 meters located in the Northwest corner of the known mineralized system; see Figures 3, 8, 9 and Table 1.
Surebet Zone – Drill hole GD-26-474 intersected 9.74 g/t AuEq (9.47 g/t Au and 50.18 g/t Ag) over 6.23 meters, including 13.88 g/t AuEq (13.51 g/t Au and 70.71 g/t Ag) over 4.26 meters from an interval of quartz-sulphide veining and breccia; see Figure 1 and Table 1.
Eldorado Zone – Drill hole GD-26-431 intersected 4.21 g/t AuEq (4.53 g/t Au and 1.48 g/t Ag) over 7.90 meters, including 5.41 g/t AuEq (5.83 g/t Au and 1.43 g/t Ag) over 5.95 meters from an interval of quartz-sulphide veining and widespread biotite alteration part of the that remains open; see Table 1.
Multiple Zones – Drill hole GD-26-467 intersected 2.65 g/t AuEq (2.75 g/t Au and 4.90 g/t Ag) over 11.72 meters, including 6.38 g/t AuEq (6.69 g/t Au and 8.40 g/t Ag) over 4.64 meters from an interval spanning sheared quartz breccia part of the Bonanza Zone, distributed veinlets of the Big Bulk Zone, and quartz-sulphide veining part of the Golden Gate Zone that remain open; see Table 1.
With 48,443 meters drilled in 97 holes utilizing 7 drill rigs turning 24 hours a day for 94 days, the 2026 drill program on the Surebet Discovery has exceeded expectations with multiple successful large step-out drill holes, maintaining 100% hit rate intersecting quartz-sulphide mineralization, and with abundant occurrences of VG-NE; see Figures 4a – g.
Over 200,000 meters have been drilled to date at the high-grade Surebet Gold Discovery, where 412 holes out of 483 (85%) contain VG-NE that clearly demonstrates the continuity and predictability of this expansive gold-rich system that remains open; see Figure 5.
The total footprint of the Surebet system has been expanded to 2.01 km2, which represents a 12% increase compared to 1.8 km2 defined prior to the 2026 drilling season; see news August 24, 2026.
Bonanza Zone – drilling in 2026 successfully expanded the From 1.27 km2 to 1.51 km2. It intersected mineralization in multiple step-out drill holes, resulting in the expansion of the Bonanza Zone by 750 meters to the southwest, 100 meters to the west, 100 meters to the north and 160 meters to the northeast side of the Surebet system and still remains open for expansion; see Figure 6.
Golden Gate Zone – drilling in 2026 successfully expanded the from 0.85 km2 To 1.17 km2. It intersected mineralization in multiple step-out drill holes, resulting in the expansion of the Golden Gate Zone by 480 meters to the northeastern side and 540 meters to the southwestern side of the Surebet system; see Figure 7.
Big Bulk Zones – Goliath’s 2026 drilling successfully identified the newly defined and extensive mineralized areas containing VG-NE that span the volume between the Bonanza and Golden Gate zones near the location where the structures join, extending up to 310 meters in length, 500 meters laterally, and 110 meters vertically. This new zone consists of numerous mineralized stacked veinlets forming broad intervals up to 58 meters wide and hosted in the volcanics with grades up to 3.60 AuEq, potentially amenable to low-cost bulk mining methods; see Figures 3, 8 and 9.
High-grade gold has been identified in 7 zones and in three distinct rock types, including: quartz-sulphide breccias and stockwork veins hosted in the sedimentary units; precious and base metals bearing veins hosted in the volcanic units; and intermediate to felsic Eocene-aged dykes. All of which contain substantial amounts of VG-NE (from fine-grained to coarse-grained gold) and remain wide open for expansion. This supports the presence of a Motherlode magmatic source at depth (a thesis developed from the work at the Colorado School of Mines), a causative intrusion responsible for the extensive 2.01 km2 high-grade gold system at the Surebet Discovery.
2027 planned expansion and infill drilling areas; see Figure 10.
The Surebet Discovery has widespread drill holes representing more than 1,500 pierce points (2021-2025) with a vast majority having tight spacings of 25 – 50 meters.
The Surebet Discovery is a grassroots project that has evolved from the idea of exploring prospective untouched ground in an area recently exposed by glacial retreat and permanent snowpack abatement, to a mineralizing system consisting of 46 stacked gold-rich veins defined through over 200,000 meters of drilling, in a total of 21 months of work on the ground.
TORONTO, Oct. 07, 2026 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report several assays from its 2026 drill program where drill hole GD-26-483 intersected 9.89 g/t AuEq over 12.00 meters at the Surebet Discovery on its 100% owned Golddigger Property (the “Property”), Golden Triangle, British Columbia. Recent assay results confirm grade continuity across all major mineralized zones at the Surebet Gold Discovery and demonstrate the predictability of the mineralization model as the system was expanded by more than 1 km along the NE–SW trend by 100 meters to the north and west resulting in a total footprint of the Surebet System of 2.01 Km2. 100% of the drill holes completed to date on Surebet have intersected quartz-sulphide mineralization, where 412 drill holes out of 483 (or 85%) contain VG-NE, clearly demonstrating continuity and predictability of the Surebet System as well as the untapped discovery potential remaining on the property. Assays are still pending for 55 holes drilled in 2026.
Mr. Roger Rosmus, Founder & CEO of Goliath states:“Every season at Surebet delivers positive surprises. What began as a 2 kilometer surface outcrop has expanded into a remarkably continuous, high-grade gold system across stacked veins and multiple rock units within the last few years, featuring visible gold in 85% of our 483 drill holes. Our 2026 drill program, with up to 750 meters of expansion through step out holes, demonstrates rare structural predictability, proving the mineralization remains coherent throughout. Our team sees host rocks extending over a large area, suggesting we are nowhere close to the extent of the system. Additionally, newly identified broad, lower-grade zones between our high-grade Bonanza and Golden Gate zones called Big Bulk zones open compelling potential for underground bulk mining. The Surebet Discovery continues to show strong potential to become one of the most significant high-grade gold discoveries in British Columbia’s Golden Triangle in many years. We look forward to releasing additional assays from 55 holes that are still pending from our 2026 drill program.”
The 2026 drill program continues to deliver remarkable results highlighted by drill hole GD-26-483, which intersected 9.89 g/t AuEq over 12.00 meters, including 33.17 g/t Au over 2.85 meters within a pyrrhotite-galena-sphalerite rich quartz breccia associated with abundant VG-NE part the Surebet Zone. Additionally, complete multi-element assays reported for numerous drill holes confirm strong continuity across all seven mineralized zones within the system.
Highlights include: drill hole GD-26-440, which intersected the Big Bulk Zone with 24.97 meters of 0.70 g/t AuEq; drill hole GD-26-474 in the Surebet Zone intersected 9.74 g/t AuEq over 6.23 meters, including 13.88 g/t AuEq over 4.26; drill hole GD-26-431 in the Eldorado Zone intersected 4.21 g/t AuEq over 7.90 meters, including 5.41 g/t AuEq over 5.95 meters; and drill hole GD-26-467 spanning the Bonanza, Big Bulk, and Golden Gate Zones, which intersected 2.65 g/t AuEq over 11.72 meters, including 6.38 g/t AuEq over 4.64 meters and 28.21 g/t AuEq over 1.02 meters. All 2026 drill holes to date have intersected quartz-sulphide mineralization.
The 2026 drill program achieved unprecedented scale and success, completing 48,443 meters across 97 holes using 7 drill rigs operating 24 hours a day for 94 days. The program maintained a 100% hit rate intersecting quartz-sulphide mineralization and abundant occurrences of VG-NE. To date, over 200,000 meters have been drilled at Surebet across 483 holes, of which 85% contain VG-NE. As a result of multiple successful step-out drill holes, the total footprint of the Surebet system has been expanded to 2.01 Km2, representing a 12% increase from the 1.8 Km2 defined prior to the season. Specifically, the Bonanza Zone expanded from 1.27 to 1.51 Km2 growing 750 meters to the southwest, 100 meters west, 100 meters north, and 160 meters northeast, while the Golden Gate Zone expanded from 0.85 to 1.17 Km2, growing 480 meters to the northeast and 540 meters to the southwest.
Furthermore, the 2026 campaign successfully identified the Big Bulk Zone, a newly discovered mineralized area containing visible gold spanning the region between the Bonanza and Golden Gate Zones where the structures converge. The central part of the Big Bulk Zone extends for 310 meters in length, 500 meters laterally, and 110 meters vertically. Individual mineralized intervals in this zone consist of numerous stacked mineralized veinlets spanning up to 58 meters hosted within volcanics with grades up to 3.60 g/t AuEq, presenting strong potential to be amenable to low-cost bulk mining methods.
High-grade gold has been identified in 7 zones and in three distinct rock types, including: quartz-sulphide breccias and stockwork veins hosted in the sedimentary units; precious and base metals bearing veins hosted in the volcanic units; and intermediate to felsic Eocene-aged dykes. All mineralized rock types contain substantial amounts of VG-NE and remain open for expansion. These findings suggest the presence of a large-scale, multi-phased high-grade gold mineralizing event driven by a Motherlode causative intrusion responsible for the extensive 2.01 km2 high-grade gold system at Surebet Discovery that remains open.
In just 21 months of on-the-ground work, the Surebet Discovery has advanced from a grassroots showing on virgin ground exposed by glacial retreat and permanent snowpack abatement, to an extensive high-grade gold mineralizing system with significant potential. The project now consists of 46 identified stacked gold-rich veins defined by over 200,000 meters of total drilling. The system’s scale continues to get larger with every drill program, with over 1,500 pierce points with a vast majority 25 – 50 meter spacing (2021 – 2025) distributed across an area of 2.01 km².
The Company is actively updating its high-grade gold wireframe models as assay results are received. Once all data from the 2026 program has been received, compiled, and modelled, a comprehensive drill plan for the 2027 season will be designed.
Surebet Discovery Highlights
100% of the drill holes completed prior to the 2026 drill season have intersected gold mineralization, clearly demonstrating remarkable grade continuity and widths, with over 1,500 diamond drill hole intercepts (pierce points 2021 – 2025); ~77% have 25 – 50 meter spacings. Demonstrating the geological team has a great understanding of the system and its predictability.
The consistent continuity, widths and grade of ore mineralization demonstrated by >200,000 meters of drilling in multiple stacked lodes/veins confirms that the 2.01 km2 Surebet Discovery has strong potential to become one of the most significant high-grade gold discoveries in British Columbia’s Golden Triangle in many years.
The most recent ore mineralization model incorporating all available data prior to the 2026 drill program identified gold-mineralized vein systems/zones: Bonanza, Surebet, Golden Gate, Whopper, and Eldorado. Collectively these zones comprise 46 gold-rich lodes/veins and multiple subvertical Eocene-aged dyke swarms (see isometric view in Figure 11 below). A good analogy to the Surebet Discovery is the Pogo Mine in Alaska.
Table 1: Gold Equivalent (AuEq) assay results.
Pad ID
Hole ID
From (m)
To (m)
Interval (m)
Au (g/t)
Ag (g/t)
Cu %
Pb %
Zn %
AuEq (g/t)
Zone
Pad10
GD-26- 483
Interval
265.00
277.00
12.00
7.90
138.61
0.34
0.22
1.16
9.89
Surebet
Including
269.00
273.00
4.00
23.66
399.83
1.03
0.63
1.23
28.81
Including
269.85
271.85
2.00
46.78
791.80
2.07
1.25
0.00
56.39
Including
269.85
270.97
1.12
67.01
519.00
1.42
1.41
0.00
70.62
Pad10
GD-26- 474
Interval
281.37
287.60
6.23
9.47
50.18
0.03
0.71
0.77
9.74
Surebet
Including
282.42
286.68
4.26
13.51
70.71
0.03
1.01
1.07
13.88
Including
282.42
283.44
1.02
44.10
147.00
0.04
2.43
1.86
43.54
PAD04
GD-26- 431
Interval
229.00
240.90
11.90
3.07
1.43
0.01
0.01
0.03
2.87
Eldorado
Including
233.00
240.90
7.90
4.53
1.48
0.01
0.01
0.03
4.21
Including
234.95
240.90
5.95
5.83
1.43
0.00
0.02
0.04
5.41
Including
238.00
240.90
2.90
11.42
1.54
0.00
0.03
0.02
10.56
Including
238.00
239.00
1.00
25.05
2.89
0.01
0.02
0.03
23.15
Pad13
GD-26- 467
Interval
406.10
417.82
11.72
2.75
4.90
0.01
0.04
0.16
2.65
Bonanza – Big Bulk – Golden Gate
Including
413.18
417.82
4.64
6.69
8.40
0.01
0.10
0.26
6.38
Including
416.80
417.82
1.02
29.99
24.95
0.03
0.38
0.52
28.21
Pad07
GD-26- 485
Interval
649.20
653.00
3.80
8.46
36.19
0.06
0.35
1.15
8.71
Golden Gate
Including
650.35
652.10
1.75
18.19
77.43
0.12
0.75
2.48
18.71
Pad19
GD-26- 481
Interval
340.00
346.00
6.00
4.30
7.89
0.01
0.11
0.27
4.17
Bonanza
Including
341.00
342.00
1.00
24.81
28.60
0.02
0.41
1.11
23.63
Pad19
GD-26- 466
Interval
508.33
512.82
4.49
4.18
20.64
0.05
0.12
1.45
4.58
Golden Gate
Including
508.33
509.77
1.44
12.41
59.08
0.14
0.33
4.25
13.54
Pad07
GD-26- 463
Interval
529.70
539.00
9.30
2.06
8.57
0.02
0.20
0.20
2.12
Golden Gate
Including
529.70
533.00
3.30
3.72
18.34
0.04
0.48
0.41
3.90
Including
536.00
539.00
3.00
2.19
4.65
0.01
0.07
0.14
2.14
Pad04
GD-26- 440
Interval
402.13
427.10
24.97
0.66
3.85
0.01
0.02
0.10
0.70
Big Bulk
Including
403.00
410.05
7.05
1.07
5.25
0.01
0.03
0.06
1.09
Pad16
GD-26- 468
Interval
554.00
556.99
2.99
4.63
30.05
0.07
0.24
0.49
4.91
Golden Gate
Including
555.04
556.04
1.00
13.71
88.51
0.19
0.71
1.32
14.49
Pad04
GD-26- 440
Interval
374.15
399.12
24.97
0.53
2.56
0.01
0.02
0.10
0.56
Bonanza
Including
391.00
399.12
8.12
1.12
4.47
0.02
0.02
0.17
1.16
Pad07
GD-26- 473
Interval
471.00
477.00
6.00
2.36
2.99
0.01
0.04
0.10
2.26
Bonanza
Including
471.00
475.00
4.00
3.30
2.52
0.01
0.03
0.11
3.13
Including
474.00
475.00
1.00
11.68
2.35
0.02
0.02
0.04
10.83
Pad25
GD-26- 495
Interval
249.00
252.15
3.15
4.23
0.88
0.00
0.03
0.02
3.92
Golden Gate
Including
250.15
251.30
1.15
11.54
2.24
0.01
0.08
0.04
10.69
Pad19
GD-26- 466
Interval
180.00
184.00
4.00
2.80
4.59
0.01
0.07
0.13
2.70
Eldorado
Including
180.00
181.00
1.00
10.65
14.38
0.01
0.24
0.36
10.16
Pad01
GD-26- 448
Interval
491.00
495.00
4.00
2.33
10.20
0.03
0.12
0.76
2.53
Golden Gate
Including
492.15
494.07
1.92
4.78
20.34
0.07
0.24
1.56
5.18
Pad11
GD-26- 469
Interval
274.30
280.04
5.74
1.33
12.00
0.02
0.13
0.09
1.45
Surebet
Including
274.30
278.17
3.87
1.88
15.89
0.02
0.18
0.11
2.02
Including
275.47
276.45
0.98
6.53
31.99
0.06
0.54
0.33
6.68
Pad07
GD-26- 485
Interval
657.00
661.00
4.00
1.93
12.44
0.02
0.20
0.31
2.08
Golden Gate
Including
657.00
659.00
2.00
3.74
24.26
0.05
0.40
0.59
4.04
Pad06
GD-26- 459
Interval
827.02
831.00
3.98
1.66
13.90
0.01
0.04
0.44
1.85
Golden Gate
Including
827.02
828.02
1.00
5.42
41.98
0.02
0.07
1.59
6.02
Pad19
GD-26- 466
Interval
195.00
201.00
6.00
1.08
13.13
0.01
0.32
0.30
1.31
Eldorado Lower
Including
197.87
201.00
3.13
1.82
18.54
0.01
0.44
0.44
2.12
Pad06
GD-26- 447
Interval
213.00
219.83
6.83
0.91
9.95
0.01
0.12
0.20
1.05
Surebet
Including
214.98
219.83
4.85
1.17
13.21
0.01
0.16
0.26
1.36
Including
214.98
216.00
1.02
3.70
36.70
0.03
0.35
0.38
4.09
Pad07
GD-26- 473
Interval
628.10
631.25
3.15
1.77
7.03
0.07
0.04
1.52
2.19
Golden Gate
Including
629.25
630.40
1.15
4.63
16.73
0.18
0.07
4.09
5.74
Pad06
GD-26- 447
Interval
26.00
29.00
3.00
2.40
1.72
0.00
0.01
0.01
2.24
Whopper
Including
27.00
28.00
1.00
7.16
3.69
0.00
0.01
0.02
6.66
Pad24
GD-26- 492
Interval
222.00
225.70
3.70
1.45
6.90
0.02
0.18
1.11
1.76
Bonanza
Including
222.00
224.85
2.85
1.78
8.43
0.02
0.24
1.36
2.16
Pad07
GD-26- 473
Interval
164.77
169.00
4.23
1.33
7.03
0.01
0.17
0.28
1.42
Whopper
Including
165.75
168.00
2.25
2.47
12.33
0.01
0.32
0.52
2.64
Pad17
GD-26- 438
Interval
163.92
167.00
3.08
2.02
2.89
0.01
0.04
0.03
1.93
Eldorado
Including
164.80
166.08
1.28
4.80
5.32
0.01
0.08
0.05
4.54
Pad02
GD-26- 413
Interval
464.00
468.00
4.00
1.50
5.27
0.01
0.00
0.01
1.47
Golden Gate
Including
465.00
467.00
2.00
2.93
7.77
0.01
0.00
0.01
2.82
Pad06
GD-26- 432
Interval
251.00
252.00
1.00
5.90
0.35
0.00
0.00
0.01
5.44
Dyke
Pad05
GD-26- 435
Interval
274.19
277.00
2.81
2.03
1.12
0.00
0.00
0.02
1.90
Bonanza
Pad17
GD-26- 438
Interval
412.00
416.00
4.00
1.11
9.24
0.01
0.20
0.54
1.33
Surebet
Including
413.00
415.00
2.00
2.17
17.45
0.01
0.39
1.07
2.58
Pad15
GD-26- 442
Interval
546.85
550.85
4.00
0.33
37.40
0.01
1.17
0.87
1.22
Bonanza
Including
547.85
548.85
1.00
0.48
114.00
0.01
3.64
2.93
3.28
Pad06
GD-26- 439
Interval
188.80
192.35
3.55
0.76
31.46
0.01
0.38
0.50
1.32
Surebet
Including
189.80
191.35
1.55
1.72
70.09
0.01
0.87
1.12
2.98
Pad02
GD-26- 422
Interval
242.00
246.00
4.00
1.25
0.90
0.00
0.00
0.01
1.17
Dyke
Pad07
GD-26- 463
Interval
543.00
547.00
4.00
0.99
3.22
0.01
0.01
0.10
1.00
Golden Gate
Pad01
GD-26- 414
Interval
492.80
495.90
3.10
1.30
2.31
0.01
0.02
0.05
1.26
Bonanza
Including
493.63
494.80
1.17
2.72
3.79
0.01
0.04
0.10
2.60
Pad23
GD-26- 497
Interval
176.00
178.93
2.93
1.17
4.28
0.01
0.03
0.09
1.18
Bonanza
Including
177.00
178.00
1.00
3.38
8.88
0.02
0.06
0.23
3.33
Pad04
GD-26- 446
Interval
513.00
516.20
3.20
0.70
4.99
0.01
0.06
0.32
0.82
Bonanza
Including
514.00
515.05
1.05
2.00
12.23
0.02
0.18
0.77
2.26
Table 2: Collar information for drill holes reported in this news release.
Hole ID
CRS
Easting (m)
Northing (m)
Elevation (m)
Azimuth (deg)
Dip (deg)
Length (m)
GD-26-483
NAD83 / UTM zone 9N
457295
6163063
1699
30
73
301
GD-26-474
NAD83 / UTM zone 9N
457294
6163064
1699
79
5
649
GD-26-431
NAD83 / UTM zone 9N
456711
6162964
1630
40
85
489
GD-26-467
NAD83 / UTM zone 9N
457964
6162972
1403
240
80
513
GD-26-485
NAD83 / UTM zone 9N
457056
6163031
1659
161
63
723
GD-26-481
NAD83 / UTM zone 9N
456842
6162809
1564
112
58
673
GD-26-466
NAD83 / UTM zone 9N
456841
6162812
1565
42.2
69.1
659
GD-26-463
NAD83 / UTM zone 9N
457055
6163030
1659
180
73
726
GD-26-440
NAD83 / UTM zone 9N
456711
6162964
1631
40
85
471
GD-26-468
NAD83 / UTM zone 9N
457320
6162856
1584
222
80
651
GD-26-473
NAD83 / UTM zone 9N
457055
6163030
1659
180
59
750
GD-26-495
NAD83 / UTM zone 9N
458010
6162368
1094
245
82
309
GD-26-448
NAD83 / UTM zone 9N
457718
6162966
1489
170
75
522
GD-26-469
NAD83 / UTM zone 9N
457146
6163024
1673
150
85
525
GD-26-459
NAD83 / UTM zone 9N
457442
6163160
1708
175
75
855
GD-26-447
NAD83 / UTM zone 9N
457445
6163162
1708
80
65
462
GD-26-492
NAD83 / UTM zone 9N
457973
6162662
1177
343
45
302
GD-26-438
NAD83 / UTM zone 9N
456992
6163124
1670
330.1
47
472
GD-26-413
NAD83 / UTM zone 9N
457178
6161752
932
205.4
69.9
606
GD-26-432
NAD83 / UTM zone 9N
457441
6163165
1709
335
45
309
GD-26-435
NAD83 / UTM zone 9N
456773
6162468
1395
150
50
434
GD-26-442
NAD83 / UTM zone 9N
457189
6163130
1704
310
79
600
GD-26-439
NAD83 / UTM zone 9N
457444
6163164
1709
38
58
369
GD-26-422
NAD83 / UTM zone 9N
457182
6161754
932
103.2
47.1
426
GD-26-414
NAD83 / UTM zone 9N
457719
6162968
1490
115
81
578
GD-26-497
NAD83 / UTM zone 9N
457846
6162680
1209
260
70
345
GD-26-446
NAD83 / UTM zone 9N
456710
6162966
1631
0
47
558
Table 3: Five main modelled gold rich zones plus the dykes prior to the 2026 drilling, see isometric view in Figure 11 below.
85% of the holes (412 out of 483) drilled to date at the Surebet Discovery contain VG-NE and 100% have intersected quartz-sulphide mineralization. See news releases dated: July 7, 2025, June 23, 2025, January 7, 2025, January 13, 2025, February 10, 2025, February 18, 2025, February 27, 2025, December 12, 2024, July 30, 2024, January 20, 2026, December 2, 2025, November 17, 2025, October 27, 2025, September 22, 2025, September 8, 2025, August 26, 2025, July 28, 2025, July 15, 2026, August 6, 2026, August 10, 2026, August 11, 2026, August 21, 2026, August 24, 2026, August 31, 2026, September 10, 2026, September 16, 2026, September 18, 2026 and September 22, 2026; see Figure 5 above.
High-grade gold has been identified in 7 zones and in three distinct rock types, including: quartz-sulphide breccias and stockwork veins hosted in the sedimentary units; precious and base metals bearing veins hosted in the volcanic units; and intermediate to felsic Eocene-aged dykes. All mineralized rock types contain substantial amounts of VG-NE (from fine-grained to coarse-grained gold) and remain open for expansion.
Metallurgical testing conducted on a composite core sample resulted in metal recoveries of 92.2% for Au, 86.5% for Ag, 94.2% for Pb and 96.9% for Zn achieved through a combination of simple gravity and flotation circuits. The gravity-only recoveries amount to 48.8% Au and 10.3% Ag with a crush size of 327 micrometer (no cyanide leaching required to recover the gold and silver). The metallurgical testing completed to date shows a benign rock composition without deleterious elements (see news release March 1, 2023).
The best hole drilled to date from the gold-rich stacked quartz-sulphide breccias and stockwork veins hosted in the sedimentary units is GD-23-157 that assayed 21.08 g/t AuEq (18.95 g/t Au and 95.31 g/t Ag) over 23.00 meters, including 33.75 g/t AuEq (30.39 g/t Au and 150.42 g/t Ag) over 14.00 meters, including 50.27 g/t AuEq (45.27 g/t Au and 225.42 g/t Ag) over 9.00 meters (see news release dated August 15, 2023). More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.
The best hole drilled to date from the precious and base metals bearing veins hosted in the volcanic units is GD-24-260 from the Golden Gate Zone that assayed 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters, and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters (see news release dated January 13, 2025). More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.
The best hole drilled to date from the Big Bulk Zone, previously reported as the volcanic wedge zone, is GD-24-291 that assayed 1.97 g/t AuEq (1.92 Au and 1.85 Ag) over 33 meters (see news release dated August 31, 2026). This zone is composed of dense networks of thin mineralized veinlets interpreted to represent distributed fractures filled by mineralized fluids within structural interaction damage zones developed around the Bonanza–Golden Gate junctions. More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.
The best hole drilled to date from the Eocene-aged dykes is GD-22-58 that assayed 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 meters including 19.91 g/t AuEq (19.62 g/t Au and 25.61 g/t Ag) over 6.00 meters, including 23.82 g/t AuEq (23.47 g/t Au and 30.54 g/t Ag) over 5.00 meters, plus a second separate interval down hole of 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters (see news release dated March 13, 2025). More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.
A study completed by the Colorado School of Mines confirms a new interpretation of the ore forming process at Surebet and suggests a common magmatic source for the high-grade gold system hosted in three distinct rock types. Until this study, researchers and explorers in the Golden Triangle had not recognized the high-grade gold discovery potential in the Eocene-aged dykes (see news release March 13, 2025), which is showing the potential that these discoveries could be a geological breakthrough in the Golden Triangle of British Columbia.
Based on positive grassroots exploration and drill results in recent years, Goliath now controls 91,518 hectares (226,146 acres), spanning 56 kilometers of the Red Line geologic trend providing for additional discovery potential.
The Golddigger Property is located adjacent to tidewater with a barge route to Prince Rupert (190 km south) and close to existing infrastructure including the town of Kitsault proximal to a permitted mine site on private property.
About Golddigger Property
The Golddigger Property is 100% owned and covers an area of 91,518 hectares in a highly prospective geological setting of the Eskay Rift and controls 56km of the Red Line in the Golden Triangle of British Columbia. This area has hosted some of Canada’s greatest gold mines including Eskay Creek, Premier and Snip. Other significant and well-known deposits in the Golden Triangle include Brucejack, Copper Canyon, Galore Creek, Granduc, KSM, Red Chris, and Schaft Creek. Goliath controls 56 kilometers of the Red Line which is a geologic contact between Triassic age Stuhini rocks and Jurassic age Hazelton rocks used as key markers when exploring for gold-copper-silver mineralization.
The Surebet discovery has shown predictable continuity and good metallurgy with gold recoveries of 92.2% from gravity and flotation at a 327-micrometer crush, including 48.8% recovery of free gold from gravity alone (no cyanide required to recover the gold). The metallurgical testing completed to date shows no presence of deleterious elements (see news release dated March 1, 2023).
The Property is in a favourable location in close proximity to the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated adjacent to tide water with direct barge access to Prince Rupert (190 kilometers via the Observatory inlet/Portland inlet). The town of Kitsault is accessible by road (190 kilometers from Terrace, 300 kilometers from Prince Rupert) and has a barge landing, dock, and infrastructure capable of housing at least 300 people, including high-tension power.
Additional infrastructure in the area includes the Dolly Varden Silver Mine Road (only 7 kilometers to the East of the Surebet discovery) with direct road access to Alice Arm barge landing (18 kilometers to the south of the Surebet discovery) and high-tension power (25 kilometers to the east of Surebet discovery). The city of Terrace (population 16,000) provides access to railway, major highways, and airport with supplies (food, fuel, lumber, etc.), while the town of Prince Rupert (population 12,000) is located on the West Coast of British Columbia and houses an international container seaport also with direct access to railway and an airport.
Qualified Person
Mr. Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath Resources Limited projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release. Mr. Turna is an Independent Director of the Company.
About CASERM (Center to Advance the Science of Exploration to Reclamation in Mining)
Goliath Resources is a paying member and active supporter of the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), which is one of the world’s largest research centers in the mining sector. CASERM is a collaborative research venture between Colorado School of Mines and Virginia Tech that is supported by a consortium of mining and exploration companies, analytical instrumentation and software companies, and federal agencies aiming to transform the way geoscience data is acquired and used across the mining value chain. The center forms part of the I-UCRC program of the National Science Foundation. Research focuses on the integration of diverse geoscience data to improve decision making across the mine life cycle, beginning with the exploration for subsurface resources continuing through mine operation as well as closure and environmental remediation. Over the past three years, Goliath Resources’ membership in CASERM has allowed a high level of research to be performed on the Surebet Discovery.
About Goliath Resources Limited
Goliath Resources is an explorer of precious metals projects in the highly prospective Golden Triangle of Northwestern British Columbia. All of its projects are in high quality geological settings and geopolitical safe jurisdictions amenable to mining in Canada. Goliath is a member and active supporter of CASERM which is an organization that represents a collaborative venture between Colorado School of Mines and Virginia Tech. In 2025, Goliath completed its largest drill program to date for a total of 64,364 meters and has recently completed a fully funded drill program in 2026 comprised of 48,443 meters; assays are pending for 55 holes. The Company’s key strategic cornerstone shareholders include Crescat Capital, a Global Commodity Group (Singapore), McEwen Inc. (NYSE: MUX) (TSX: MUX), Waratah Capital Advisors, Rob McEwen, Eric Sprott and Larry Childress.
The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.
Quality Assurance / Quality Control (QA/QC) Protocol
Core Samples Handling & Sampling
Oriented HQ-diameter or NQ-diameter diamond drill core from the drill program is placed in core boxes by the drill crew contracted by the Company. Core boxes are transported by helicopter to the staging area and then transported by truck to the core shack. The core is then re-orientated, meterage blocks are checked, meter marks are labelled, Recovery and RQD measurements taken, and primary bedding and secondary structural features including veins, dykes, cleavage, and shears are noted and measured. The core is then described and transcribed in MX DepositTM. Drill holes were planned using Leapfrog Geo™ and QGIS™ software and data from the 2017-2025 exploration programs. Drill core containing quartz breccia, stockwork, veining and/or sulphide(s), or notable alteration is selectively sampled in lengths of 0.5 to 1.5 meters. Samples are selected from continuous intervals of mineralization and/or other relevant geological features, including shoulder samples that extend for 3 meters into adjacent unmineralized and/or unaltered country rock. Along barren core intervals devoid of mineralization or significant geological features, one 1 meter sample is collected every ten meters. Core samples are cut lengthwise in half: one-half remains in the box and the other half is inserted in a clean plastic bag with a sample tag. The bagged samples are then weighed and secured with a zip tie. Certified reference materials (CRMs), blanks and duplicates are added in the sample stream at a rate of 10%. To ensure analytical anonymity, CRM identification labels are removed prior to submission to the laboratory. Additional out-of-sequence blanks are introduced immediately following core samples that contain visible gold to the naked eye (VG-NE) or visibly high-grade sulphide mineralization.
Surface Samples Handling & Sampling
Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate samples weighing anywhere between 0.5 and 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample site locations were recorded using handheld GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.
Samples Analysis
All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried out at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via IMS-230 and ICF6xx methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx’ denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.
Gold Equivalent (AuEq) Calculation
Gold Equivalent (AuEq) values incorporate metal recovery factors based on preliminary metallurgical testwork, which excluded copper. It was assumed that copper can be recovered with zinc at the same recovery rate. The recovery factors used in the AuEq calculations are: Gold 92.2%; Silver 86.5%; Copper 96.9%; Lead 94.2%; Zinc 96.9%. AuEq metal values are calculated using: 4,222.08 Au USD/oz, Ag 67.76 USD/oz, Cu 6.43 USD/lbs, Pb 1,967.13 USD/ton and Zn 3,578.25 USD/ton (updated on August 4, 2026) using the formula below:
There is potential for economic recovery of gold, silver, copper, lead, and zinc based on other mining and exploration projects in the same Golden Triangle Mining Camp where Goliath’s project is located, such as the Homestake Ridge Gold Project (Auryn Resources Technical Report, Updated Mineral Resource Estimate and Preliminary Economic Assessment on the Homestake Ridge Gold Project, prepared by Minefill Services Inc. Bothell, Washington, dated May 29, 2020). Here, AuEq values were calculated using 3-year running averages for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Gold were 85.5%, Silver at 74.6%, Copper at 74.6% and Lead at 45.3%. It will be assumed that Zinc can be recovered with Copper at the same recovery rate of 74.6%. The quoted reference of metallurgical recoveries is not from Goliath’s Golddiggers Project, Surebet Zone mineralization, and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work such as in a Feasibility Study can be eventually completed on the Golddigger Project.
Reported Drill Intervals and Assays
Drill core intervals are reported as drill lengths, where the true width is estimated to be 80-90% of the length. The widths of the mineralized intervals were defined to reflect both the assay results and the mineralized veining observed in drill core. Veining constrains the local width of the mineralized zone, while assay results define the grade distribution within that zone. Reported intervals are therefore intended to represent geologically meaningful zone widths at the point of intersection.
The reported assays of drill intervals were calculated as length-weighted average grades using the individual sample assay results and their corresponding sample lengths. The average grade for each interval was determined by dividing the sum of the products of each sample grade and sample length by the total sampled interval length (Σ[grade × sample length] / Σ[sample length]). This method accounts for variations in sample length and provides a representative average grade over the reported interval.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Goliath’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the ability of the Company to complete financings and its ability to build value for its shareholders as it develops its mining properties. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Goliath. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the proposed transactions will occur, or that if the proposed transactions do occur, will be completed on the terms described above.
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BETHESDA, Md., Oct. 07, 2026 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the Bethesda-based holding company for EagleBank, one of the largest community banks in the Washington D.C. area, today announced that it will host a teleconference call for the financial community on October 22, 2026, at 10:00 a.m. (EDT). On this call, Eagle Bancorp Inc.’s Chief Executive Officer Steve Curley and Chief Financial Officer Eric Newell will discuss earnings for the third quarter 2026 financial results. Those results will be released after the close of business on October 21, 2026.
Interested parties will need to register at the below-noted URL in order to listen and participate in the call. Once a participant registers with a valid email, they will receive a dial-in phone number and unique PIN number which will be needed to access the call. The call will also be available live via webcast on the Company’s website, which is www.EagleBankCorp.com. A replay of the call will be available on the Company’s website through November 5, 2026.
This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. These forward-looking statements are based on current expectations that involve risks, uncertainties, and assumptions. Because of these uncertainties and the assumptions on which the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. Readers are cautioned against placing undue reliance on any such forward-looking statements. For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and other filings with the SEC. Except as required by law, the Company does not undertake to update forward-looking statements contained in this release.
About Eagle Bancorp, Inc. and EagleBank Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 12 offices, located in Suburban, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.
EagleBank Contact Eric Newell, Chief Financial Officer, Eagle Bancorp, Inc. 240.497.1796
TEL AVIV, Israel, Oct. 07, 2026 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, will announce its third quarter 2026 financial results on Wednesday, October 28, 2026.
Conference Call Details Radware management will host a conference call on Wednesday, October 28, 2026, at 8:30 a.m. EDT to discuss the company’s third quarter 2026 results, as well as its outlook for the fourth quarter of 2026. Investors are invited to join the call by registering via the following link: Q3 2026 earnings call registration link.
A replay of the call will be available within approximately 24 hours of the live event on the Investors section of Radware’s website at: https://www.radware.com/ir/financial-reports/.
About Radware Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.
Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.
The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.
Safe Harbor Statement This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. securities laws. Any forward-looking statements made herein that are not statements of historical fact, including statements about Radware’s plans, objectives, expectations, beliefs, projections, future financial performance, business strategies, market opportunities, and developments in our industry, are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “plan,” “project,” “forecast,” “target,” and similar expressions, as well as future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.”
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About Stella-Jones
Stella-Jones Inc. (TSX: SJ) is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent’s major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America’s Class 1, short line and commercial railroad operators with treated wood railway ties. It also supports infrastructure with industrial products, namely timbers for railway bridges, crossings and construction, marine and foundation pilings, and coal tar-based products. Additionally, the Company manufactures and distributes premium treated residential lumber and accessories to Canadian and American retailers for outdoor applications, with a significant portion of the business devoted to servicing Canadian customers through its national manufacturing and distribution network.
Stella-Jones – Head Office 3100 de la Côte-Vertu Blvd., # 300 Saint-Laurent, Québec H4R 2J8 Tel.: (514) 934-8666 Fax: (514) 934-5327
Includes 5.3 Metres Averaging 8.31% Cu and 51.0 g/t Ag
MONTRÉAL, Oct. 07, 2026 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce additional new analytical results from the ongoing 2026 drill program at the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. New results are presented below (see Table 1), including 38 mineralized intercepts from 12 drill holes. Reported “infill” intercepts are located within the 2026 MRE model (see April 14, 2026 news release), focused on upgrading Inferred Mineral Resources to Measured or Indicated categories, as applicable. “Expansion” intercepts are located outside the 2026 MRE model and comprise either i) in-pit expansion, which offers potential to convert in-pit waste into additional resources within the 2026 MRE Whittle pit; or ii) out-of-pit expansion, consisting of mineralization located outside the 2026 MRE Whittle pit, which may potentially lead to the definition of new resources. Some of the reported intercepts may have contiguous shallower infill as well as deeper in-pit expansion (noted as “Both”). Maps showing hole locations are available at www.osiskometals.com.
Osisko Metals Chief Executive Officer Robert Wares commented: “This new set of holes includes excellent results from infill drilling within the 2026 MRE model, particularly from holes 30-1251 and 30-1258. Hole 30-1251 intersected impressive high-grade mineralization in porcellanite above the historic E Zone underground workings, returning 94.4 metres averaging 1.47% Cu.”
Wares continued: “It has been our experience over the years that great deposits are full of great surprises. Hole 30-1258 appears to be just one of those types of surprises, having intersected 121 metres averaging 0.71% Cu hosted in a previously unknown porphyry intrusion below the E Zone skarn horizon at the south end of Copper Mountain. This new porphyry intrusion contains significant copper stockwork and veining, and it represents the first evidence of porphyry-hosted mineralization south of the main pit area. It may be indicative of a potential third, previously unknown (and untested) mineralized porphyry centre in the Gaspé Copper system, distinct from the two historically known porphyries in the main pit area and at the Porphyry Mountain DPEX target. Additional drilling will be designed to further test this interpretation.”
Highlights
94.4 metres averaging 1.47% Cu (infill) in DDH 30-1251, includes 5.3 metres averaging 8.31% Cu and 51.0 g/t Ag and 185.5 metres averaging 0.41% Cu in a shallower interval
121.0 metres averaging 0.71% Cu (infill) in DDH 30-1258, includes 9.5 metres averaging 4.97% Cu and 56.3 g/t Ag
106.5 metres averaging 0.60% Cu (out-of-pit expansion) in DDH 30-1250, includes 15.9 metres averaging 1.92% Cu and 11.0 g/t Ag
218.8 metres averaging 0.35% Cu (infill) in DDH 30-1256
66.0 metres averaging 0.45% Cu (out-of-pit expansion) in DDH 30-1259
56.4 metres averaging 0.61% Cu (infill) in DDH 30-1255
Table 1: Infill and Expansion Drilling Results
DDH No.
From (m)
To (m)
Length (m)
Cu %
Ag g/t
Mo %
CuEq* %
Type**
30-1248
38.0
55.0
17.0
0.19
1.60
<0.005
0.20
Expansion 2
and
151.1
204.0
52.9
0.21
1.43
<0.005
0.21
Expansion 2
and
234.0
254.0
20.0
0.31
2.60
<0.005
0.31
Expansion 2
and
300.0
344.0
44.0
0.22
1.92
<0.005
0.22
Expansion 2
30-1249
153.0
175.5
22.5
0.24
1.96
<0.005
0.24
Expansion 2
and
250.8
271.5
20.7
0.20
1.15
<0.005
0.20
Expansion 2
and
292.3
378.0
85.7
0.24
1.53
<0.005
0.24
Expansion 2
30-1250
169.5
198.0
28.5
0.28
1.80
<0.005
0.28
Expansion 2
and
216.0
322.5
106.5
0.60
3.90
0.006
0.62
Expansion 2
(including)
237.6
253.5
15.9
1.92
11.0
0.009
1.96
Expansion 2
and
510.0
562.8
52.8
0.29
2.54
0.011
0.33
Expansion 2
30-1251
11.3
76.0
64.7
0.21
1.77
<0.005
0.21
Infill
and
104.0
289.5
185.5
0.41
2.68
<0.005
0.42
Infill
and
324.0
355.5
31.5
0.16
1.63
0.032
0.27
Infill
and
429.0
523.4
94.4
1.47
8.78
<0.005
1.49
Infill
(including)
487.5
492.8
5.3
8.31
51.0
<0.005
8.35
Infill
30-1252
159.0
187.5
28.5
0.48
4.84
0.007
0.51
Infill
and
207.0
246.0
39.0
0.18
2.37
<0.005
0.19
Infill
30-1253
376.5
462.0
85.5
0.21
1.39
<0.005
0.21
Expansion 2
30-1254
115.6
132.0
16.4
0.34
2.21
<0.005
0.34
Expansion 2
and
175.3
196.5
21.2
0.50
2.75
<0.005
0.50
Expansion 2
and
229.3
279.5
50.2
0.27
1.76
<0.005
0.28
Expansion 2
and
306.0
361.5
55.5
0.25
2.06
<0.005
0.26
Expansion 2
and
393.3
445.5
52.2
0.26
3.11
<0.005
0.27
Expansion 2
30-1255
51.0
130.5
79.5
0.24
2.24
<0.005
0.25
Infill
and
158.0
189.0
31.0
0.30
2.59
<0.005
0.30
Infill
and
215.1
232.5
17.4
0.36
3.55
<0.005
0.37
Infill
and
260.1
316.5
56.4
0.61
4.42
<0.005
0.61
Infill
30-1256
73.7
292.5
218.8
0.35
3.03
<0.005
0.36
Infill
30-1257
145.5
169.7
24.2
0.17
1.03
<0.005
0.17
Infill
and
229.0
267.0
38.0
0.25
1.58
<0.005
0.25
Infill
30-1258
54.0
189.0
135.0
0.32
2.28
<0.005
0.32
Infill
and
232.0
387.0
155.0
0.22
1.66
0.012
0.26
Infill
and
411.0
471.0
60.0
0.20
1.61
0.011
0.24
Infill
and
494.0
615.0
121.0
0.71
8.80
0.028
0.81
Infill
(including)
596.5
606.0
9.50
4.97
56.3
0.084
5.30
Infill
30-1259
6.7
61.2
54.5
0.12
1.53
<0.005
0.12
Expansion 1
and
85.5
126.0
40.5
0.20
2.13
<0.005
0.21
Expansion 1
and
163.0
216.0
53.0
0.20
1.98
<0.005
0.20
Expansion 2
and
253.5
345.5
92.0
0.28
2.50
<0.005
0.28
Expansion 2
and
422.5
488.5
66.0
0.45
3.03
<0.005
0.46
Expansion 2
* See explanatory notes below on copper equivalent values and Quality Assurance/Quality Controls. ** Infill refers to intercepts within the current MRE model; Expansion 1 refers to in-pit intercepts outside of the current MRE model; Expansion 2 refers to out-of-pit intercepts outside of the current MRE model. “Both” indicates drill holes that havecontiguous shallower infill as well as deeper in-pit expansion intercepts.
Additional comments
Drill holes 30-1248, 30-1249, 30-1253 and 30-1254, all located south and southwest of the Needle Mountain pit, tested areas where little mineralization was expected from historical drilling. All holes, with the exception of 30-1253, yielded multiple decametric mineralized intersections with grades ranging from 0.19% Cu to 0.50% Cu.
Drill hole 30-1250, located on the north slope of Needle Mountain, is an expansion hole that threaded through pillars of the C Zone underground workings, intersecting higher grades around and within the C Zone skarn horizon.
Drill hole 30-1259 is located on top of Needle Mountain East, approximately 320 metres south of the southern limit of the 2026 MRE model and near the southern extremity of the 2026 Whittle pit model. It is an expansion hole that intersected five decametric mineralized intervals with grades ranging from 0.12% Cu to 0.45% Cu. Mineralization was extended in this area to a vertical depth of 420 metres, indicating that the deposit is still open to the south, beyond the peak of Needle Mountain East.
Drill holes 30-1251, 30-1252, 30-1255, 30-1256, 30-1257 and 30-1258, all located near Copper Brook at the southern portion of the 2026 MRE model, are infill holes that intersected mineralization in line with the 2026 MRE block model, with the exception of higher-than-expected grades in 30-1251 and 30-1258, as discussed above.
Mineralization at Gaspé Copper is of porphyry copper/skarn type and occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. One prograde and at least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier, stratiform, carbonate replacement skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedding-parallel mineralization, which is mostly stratigraphically controlled, dominates in the area of lower Copper Mountain, Needle Mountain, Needle East, and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.
Table 2: Drill hole locations
DDH No.
Azimuth (°)
Dip (°)
Length (m)
UTM E
UTM N
Elevation
30-1248
70
-70
399
316035
5424899
746
30-1249
81
-70
378
315475
5425000
813
30-1250
0
-90
618
315596
5425747
575
30-1251
0
-90
531
316459
5425738
575
30-1252
0
-90
285
316143
5425532
587
30-1253
77
-72
462
315690
5424770
860
30-1254
59
-56
450
316035
5424899
746
30-1255
0
-90
348
316632
5425499
577
30-1256
0
-90
402
316535
5425842
595
30-1257
0
-90
267
316040
5425828
567
30-1258
0
-90
615
316184
5425801
576
30-1259
303
-60
493
316523
5424995
760
The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization (see May 6, 2024 MRE press release). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category (see November 14, 2024 MRE press release), and additional drilling in 2025 led to an additional significant increase in resources, mostly in the Measured and Indicated categories (see April 14, 2026 MRE press release).
The current drill program is designed to convert the bulk of the remaining 2026 MRE Inferred resources to Measured and Indicated categories, as well as test the expansion of the overall resource laterally to the west, and to the south/southwest towards Needle East and Needle Mountain respectively.
Copper Equivalent (CuEq) grades are presented for illustrative purposes only to express the combined value of copper, molybdenum, and silver as a single copper grade. CuEq grades are calculated using long-term metal prices of US$4.50/lb copper, US$20.00/lb molybdenum, and US$45.00/oz silver, and incorporate assumptions for metallurgical recoveries, payable metal factors, smelting and refining charges, transportation costs, and royalties. Hence the CuEq calculation is essentially based on net smelter return (NSR) values. NSR for each metal is estimated by applying metallurgical recoveries, payable factors, metal prices, and applicable smelting, refining, transportation, and penalty charges to the in-situ metal grades. CuEq grades are derived using a linear regression relationship established between copper grade and copper NSR, and then calculated by substituting total NSR (Cu + Mo + Ag) for copper NSR in the regression equation. The simplified formula is expressed as CuEq (%) = Cu (%) + 3.40327 × Mo (%) + 0.00008 × Ag (g/t)
Qualified Person
The scientific and technical content of this news release has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
Quality Assurance / Quality Control
Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 10 metres or less are generally not reported unless considered material. True widths are estimated at 80 – 90 % of the reported core length intervals.
Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for Cu, Mo and Ag.
About Osisko Metals
Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine site is located near Murdochville in Québec’s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper deposits, with current pit-constrained Measured and Indicated Mineral Resources of 1.83 Bt averaging 0.32% CuEq and Inferred Mineral Resources of 239 Mt averaging 0.46% CuEq (in compliance with NI 43-101).For more information, see Osisko Metals’ April 14, 2026 news release entitled “Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper”. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.
In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada‘s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals‘ June 25, 2024 news release entitled “Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq”. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometres of viable haul roads.
For further information on this news release, visit www.osiskometals.com or contact:
Cautionary Statement on Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “potential”, “feasibility”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.
Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.
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About Radware
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