
Adyton Resources Corporation (TSX-V: ADY) (OTCQB: ADYRF) (FSE: 701) is pleased to announce further positive drill results from its ongoing exploration program at the 100%-owned 1.46moz1 Au Feni Island Gold-Copper Project, located on the productive Lihir Trend, Papua New Guinea (PNG). This release reports assay results from 12 holes, providing further insight into the continuity, grade and growing scale of the Kabang Au-Cu system.
KEY HIGHLIGHTS
“Hole FDD026 is an outstanding result,” said Adyton’s CEO, Tim Crossley. “Delivering this high-grade gold intercept from surface validates our historic results and further demonstrates the quality and grade potential of the Kabang Au-Cu deposit. Combined with continued growth of the north-eastern and encouraging observations from the south-western extensions, assays pending, we are seeing increased evidence of structurally controlled mineralized corridors extending both north and south. The Kabang system now spans more than 2km of strike length and remains open in both directions. Our improved understanding of the structural controls on mineralization is enabling us to target these extensions more effectively, and we are increasingly confident that continued drilling will demonstrate that Kabang is part of a much larger mineralized system.
With the neighboring Babase license now granted and our IP survey underway, we will be systematically advancing the search for additional Kabang-style systems across the Feni Islands. In parallel, we are targeting the deeper porphyry source that we believe could underpin the broader mineralizing system and further enhance the tier one potential of Feni.”
The planned 2026 drill program at Feni is focused on unlocking the next phase of growth at Kabang – this involves key objectives of: 1) starting to upgrade the MRE to indicated, and; 2) to document new extensions to the MRE, including testing high-grade potential to the northeast and southwest. Year to date, over 18,000m has been successfully drilled; ongoing drilling continues to advance both key objectives. Adyton is looking forward to receiving additional assays (7,500m outstanding) and updating the market accordingly.
The drilling results in this release and surface IP geophysical work for targeting additional mineralization have the potential to materially expanding the scale of the Kabang deposit. Geologically, through our team, we now have a step-change improvement in our understanding of the structural controls on mineralisation. We now have high confidence of being able to link historical drilling in the south-west at Lacey (e.g. LA-002), through Kabang, to the north-east to Caldera (e.g. CCR-009). This structural corridor is over 2 km of strike length, with multiple paralleling structures within it, thus also increasing the width of mineralisation as well. Adyton is actively drilling the structural corridor outside of the Kabang MRE, to the southwest and northeast, with mineralization remaining open in both directions. We anticipate that (pending success in drilling), will be able to link these zones and if that is achieved, it would potentially triple the current footprint of the Kabang MRE. This expanding footprint highlights the potential for Kabang to evolve into a significantly larger mineralized system than previously recognized.
Porphyry potential via elevated Molybdenum (Mo)
Drilling around the edges of the known deposit (holes 19, 21, 23, 24, 28) is helping to define how far the mineralization extends. The documentation of significant molybdenum (1,205ppm Mo) on the southern flank in holes 19 and 21 points to a porphyry-style mineralised system to depth and is a key vectoring tool.
Large IP survey to develop new blind targets
Importantly, a large-scale 5km by 5km Induced Polarization (IP) geophysical survey is now underway in the search for priority Kabang and Lihir-type targets – this is the first time widespread systematic IP has been employed on Feni Island. The program combines central 2D inline pole-dipole IP data with offset pole-dipole measurements to improve subsurface coverage and support 3D interpretation. The survey will also help refine the direction and extent of the broader porphyry system identified at Kabang. The IP results will be part of a target roadmap to populate a pipeline of targets that are ranked and advanced via drilling (see Figure 1).
SIGNIFICANT INTERCEPTS
Table 1: Significant gold and copper intercepts from this news release (top) along with previously reported intercepts (bottom) – Feni Island Au-Cu Project (Kabang)
| Hole ID | Zone | From (m) | Interval (m) | Au (g/t) | Cu (%) | AuEq (g/t) | ||||||||||||
| New this release (FDD018-FDD029): | ||||||||||||||||||
| FDD026 | Central | 0 | 167 | 1.03 | 0.12 | 1.14 | ||||||||||||
| incl. | 57 | 57 | 1.91 | 0.17 | 2.03 | |||||||||||||
| FDD018 | NE | 98 | 92 | 0.61 | 0.07 | 0.67 | ||||||||||||
| FDD020 | NE | 234 | 71 | 0.62 | 0.03 | 0.63 | ||||||||||||
| FDD027 | NE | 94 | 162 | 0.43 | 0.06 | 0.48 | ||||||||||||
| incl. | 149 | 9 | 1.03 | 0.17 | 1.14 | |||||||||||||
| FDD029 | NE | 24 | 34 | 0.82 | 0.04 | 0.83 | ||||||||||||
| and | 186 | 42 | 0.81 | 0.02 | 0.80 | |||||||||||||
| FDD025 | NE | 114 | 130 | 0.38 | 0.03 | 0.40 | ||||||||||||
| incl. | 209 | 10 | 1.05 | 0.03 | 1.03 | |||||||||||||
| Previously released (selected): | ||||||||||||||||||
| FDD017 | NE | 151 | 53 | 1.29 | 0.26 | 1.60 | ||||||||||||
| incl. | 198 | 5 | 3.60 | 1.48 | 5.63 | |||||||||||||
| ADK004 | Central | 149. | .4 | 1.59 | 5.07 | 9.28 | ||||||||||||
| FDD001 | Central | 95 | 76 | 1.43 | 0.03 | 1.38 | ||||||||||||
| FDD002 | Central | 45 | 142.2 | 1.18 | 0.05 | 1.17 | ||||||||||||
| FDD003 | Central | 70 | 81 | 1.12 | 0.21 | 1.36 | ||||||||||||
| FDD004 | Central | 62 | 229 | 0.71 | 0.08 | 0.78 | ||||||||||||
| FDD005 | Central | 69 | 158 | 0.54 | 0.14 | 0.72 | ||||||||||||
| FDD012 | Central | 61 | 105 | 0.60 | 0.12 | 0.73 | ||||||||||||
| FDD014 | E flank | 253 | 51 | 0.86 | 0.02 | 0.83 | ||||||||||||

Figure 1: Feni Project base map showing the Company’s tenements: EL2096 (Anir Island) and EL2863 (Babase Island), along with Kabang deposit and named prospects and targets.

Figure 2: Plan view of the 1.46moz Au Kabang Au-Cu deposit with drill collars coloured by AuEq gram·metres and downhole Au/Cu, the Kabang Fault and regional Simberi-Lihir-Feni structural controls, mapped hydrothermal breccia, and the Danmagal magnetic anomaly. FDD050 and FDD051 are current drillholes – approx. 2km along strike. NE and SW priority drilling areas remain open.
GO-FORWARD DRILLING PROGRAM
GENERAL CORPORATE & PROJECT UPDATES
FERGUSSON ISLAND PROGRESS UPDATE
Significant progress has been made on our gold projects, under JV, on Fergusson Island including confirmation of process plant and tailings dam locations for the Gameta project and the commencement of land mapping and baseline environment and social mapping work. At Wapolu works are progressing well on the processing plant to enable bulk sampling and flow sheet testing and the production of customer concentrate samples for testing and final offtake pricing. While the grant of our Mining License (ML) remains the last statutory hurdle before commercial operations can commence, we are expecting the ML to be granted in October 2026 and target commercial production in Q426.
PAPUA NEW GUINEA M&A ACTIVITY
ASX listed company St Barbara (ASX: SBM) announced last week that it was selling its remaining interest in the Simberi mine (same island trend as Adyton’s Feni) to Lingbao for an implied valuation (cash plus Royalty) EV/Resource (A$/oz, AuEq) of A$280/oz. Refer St Barbara company announcement:
2026.09.10-simberi-transaction-presentation.pdf
QUALITY ASSURANCE / QUALITY CONTROL
Adyton adheres to industry-recognized standards of Best Practice and Quality Assurance/Quality Control. Drill core samples were submitted in batches to Intertek Laboratory in Lae, which include a field blank, certified reference materials (CRMs) and staged duplicates. Samples were sealed ensuring Chain of Custody. To date, all batches have passed QA/QC, and blanks and CRMs were within acceptable tolerance limits. All drill holes were drilled and sampled predominantly from PQ and HQ diameter drill core, and to a lesser extent, also NQ core. Core recovery is considered to be appropriate.
Qualified Person
The scientific and technical information contained in this press release has been prepared, reviewed, and approved by Dr Chris Bowden, PhD, GCMEE, FAusIMM(CP), FSEG, the Chief Operating Officer and Chief Geologist of Adyton, who is a “Qualified Person” as defined by National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects.
ABOUT THE FENI GOLD-COPPER PROJECT
The Feni Au-Cu Project is 100% owned by Adyton and is a key asset in Adyton’s portfolio, located in a highly prospective region of Papua New Guinea on the Lihir Island chain known for world-class gold-copper deposits, including Lihir (owned and operated by Newmont). The Company has confirmed significant gold-copper mineralization at Feni, has a 1.46moz Au inferred resource and is focussed on expanding the resource base and identifying new high-grade targets.
Table 2: Drillhole collar details – new holes this release (FDD018-FDD029). Coordinates UTM Zone 56S, WGS84.
| Hole ID | Easting (m) | Northing (m) | Depth (m) | Dip (°) | Azimuth (° grid) |
Status | Prospect |
| FDD018 | 567,684 | 9,548,412 | 327.1 | -70 | 180.5 | Completed | Kabang |
| FDD019 | 567,325 | 9,547,966 | 446.8 | -70 | 90.5 | Completed | Kabang |
| FDD020 | 567,685 | 9,548,416 | 346.6 | -80 | 360.0 | Completed | Kabang |
| FDD021 | 567,317 | 9,547,903 | 405.0 | -70 | 90.5 | Completed | Kabang |
| FDD022 | 567,800 | 9,548,350 | 34.9 | -70 | 12.0 | Abandoned (redrilled as FDD023) | Kabang |
| FDD023 | 567,810 | 9,548,365 | 228.1 | -70 | 0.5 | Completed | Kabang |
| FDD024 | 567,239 | 9,548,024 | 501.0 | -70 | 125.5 | Completed | Kabang |
| FDD025 | 567,451 | 9,548,403 | 452.0 | -70 | 70.5 | Completed | Kabang |
| FDD026 | 567,324 | 9,548,072 | 367.8 | -90 | 360.0 | Completed | Kabang |
| FDD027 | 567,597 | 9,548,347 | 386.8 | -70 | 310.5 | Completed | Kabang |
| FDD028 | 567,219 | 9,547,931 | 406.9 | -70 | 210.5 | Completed | Kabang |
| FDD029 | 567,650 | 9,548,412 | 445.5 | -70 | 330.5 | Completed | Kabang |
ABOUT ADYTON RESOURCES CORPORATION
Adyton Resources Corporation is focused on the development of gold and copper resources in world class mineral jurisdictions. It currently has a portfolio of highly prospective mineral exploration projects in Papua New Guinea on which it is exploring to expand its identified gold Inferred and Indicated Mineral Resources and expand on its recent significant copper drill intercepts on the 100% owned Feni Island project. The Company’s mineral exploration projects are located on the Pacific Ring of Fire on easy to access island locations which hosts several globally significant copper and gold deposits including the Lihir gold mine and Panguna copper/gold mine on Bougainville Island, both neighboring projects to the Company’s Feni Island project.
Adyton has a total Mineral Resource Estimate inventory within its PNG portfolio of projects comprising indicated resources of 441,000 ounces gold and inferred resources of 2,086,000 ounces gold.
The Feni Island Project currently has a mineral resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled “NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and “qualified person” as defined in NI 43-101, available under Adyton’s profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.
The Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 10.19 million tonnes at an average grade of 1.35 g/t Au for contained gold of 441,000 ounces and an inferred mineral resource of 21.2 million tonnes at an average grade of 0.92 g/t Au for contained gold of 626,000 ounces, both inferred and indicated resources used a 0.4g/t Au cut-off grade.
See the technical report dated 12 July, 2026, entitled “NI 43-101 Technical Report on Gameta Au Project Fergusson Island, Papua New Guinea” prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant and “Qualified Person” as defined in NI 43-101, available under the Company’s profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.
See the technical report dated January 7, 2026, entitled “NI 43-101 Technical Report on Wapolu Gold Project” prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant and “Qualified Person” as defined in NI 43-101, available under the Company’s profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.
For more information about Adyton and its projects, visit www.adytonresources.com

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