
Adyton Resources Corporation (TSX-V: ADY) (FSE: 701) is pleased to report new copper assays and confirm final gold assays from its first three diamond drill holes at the Feni Island gold-copper project. The results confirm multiple zones of copper mineralisation complementing previously reported gold intercepts. The Company also provides an update on its ongoing 2025 drilling program.
HIGHLIGHTS
Tim Crossley, Chief Executive Officer, commented:
“We are very encouraged that the first three drillholes of this program are all reporting greater than 100 g-m AuEq basis. The addition of the copper assays reinforces our view that the Feni Au-Cu asset contains strong potential for significant copper mineralisation, alongside the previously reported gold.”
Dr Chris Bowden, Chief Operating Officer and Chief Geologist, commented:
“To have the results from the first three drillholes from a new drill program all return >100g-m AuEq highlights the geological robustness of the Feni Project. Whilst Feni shares many geological similarities with Lihir, it also contains a significant copper component to the mineralisation, which to date, has never been included in any MRE. This is only the beginning for Feni, and we look forward to keeping the market updated as future gold and copper assay results are received.”
Significant Intercepts and Geology
Table 1 shows the Significant Intercepts for gold and copper assay results received to date for the first three drillholes. Figures 1 and 2 present a plan map and cross section of the drilling and assay results to date. Figures 3, 4, and 5 illustrate examples of gold and copper mineralization from cut core. Table 2 provides a summary of the current status of the Feni drill program.
Table 1: Significant Intercepts from 2025 drilling at the Feni Island Au-Cu Project (gold, copper and gold equivalent).
Hole ID | From (m) | Interval 1 (m) | Gold (Au g/t) |
Copper (Cu %) | Gold Equiv.2 (Au.eq g/t) |
Au.eq (g.m) Gram Metre | Hole g.m (Au.eq) Totals |
FDD001 | 95 | 76 | 1.43 | 0.03 | 1.46 | 111.0 | 111.0 |
FDD002 | 45 | 144.2 3 | 1.18 | 0.05 | 1.24 | 178.8 | 178.8 |
inc. | 45 | 93 | 1.58 | 0.05 | 1.65 | 153.5 | |
FDD003 | 70 | 81 | 1.12 | 0.21 | 1.36 | 109.8 | 125.9 |
inc. | 118 | 24 | 1.30 | 0.51 | 1.87 | 44.9 | |
and | 223 | 12 | 0.61 | 0.23 | 0.86 | 10.3 | |
and | 284 | 5 | 0.63 | 0.49 | 1.17 | 5.8 | |
inc. | 287 | 1 | 1.64 | 1.42 | 3.23 | 3.2 |
Figure 1: Plan view of drillholes and historical block model at the Kabang mineralized corridor.
Figure 2: Cross section of FDD003 (looking east) highlighting gold and copper mineralized zones, including historical copper (and gold) assays (e.g., AMD004, AMD005, AMD002, KAD001). Copper was not previously modelled or included in MRE.
Figure 3: FDD001: Detailed core photograph of the interval from 107.3 to 107.6m (30cm). Crackle breccia within monzodiorite, sub-rounded, clast supported, strong pervasive silica-clay-pyrite alteration, fine grain pyrite filling the matrix and filling cracks and disseminated in the clasts. 107 to 108m assayed 3.91g/t Au & 0.02% Cu.
Figure 4: FDD002: Detailed core photograph of the interval from 112.10 to 112.30m (20cm). Pervasive silica- clay-pyrite altered, sub-round clasts set in fine to medium grain intrusive unit with fine disseminated pyrite. 112 to 113m assayed 2.36g/t Au & 0.04% Cu.
Figure 5: FDD003: Detailed core photograph of the interval 122.80 to 123.00m (20cm). Pervasive silica- clay-pyrite altered, fine to medium grain intrusive unit. Fine sulphides (pyrite + chalcopyrite) filling fractures as well as disseminated. 122 to 123m assayed 1.59g/t Au & 0.71% Cu.
Table 2: Feni Island Gold-Copper Project: drillhole details and status.
Hole ID | Easting | Northing | RL | DIP | AZI | Depth (m) | Status |
FDD001 | 567,648 | 9,548,228 | 156 | -60 | 50 | 396.0 | Completed |
FDD002 | 567,245 | 9,548,135 | 91 | -60 | 100 | 195.4 | Completed |
FDD003 | 567,348 | 9,548,221 | 105 | -70 | 160 | 421.7 | Completed |
FDD004 | 567,469 | 9,548,209 | 126 | -70 | 180 | 453.2 | Completed |
FDD005 | 567,571 | 9,548,247 | 136 | -70 | 180 | 839.6 | Completed |
FDD006 | 567,782 | 9,548,230 | 184 | -70 | 320 | 412.6 | Completed |
FDD007 | 567,469 | 9,548,305 | 111 | -70 | 180 | 468.2 | Completed |
FDD008 | 567,886 | 9,548,273 | 193 | -70 | 320 | 67.9 | Abandoned |
FDD009 | 567,895 | 9,548,275 | 199 | -70 | 320 | 401.2 | Completed |
FDD010 | 567,342 | 9,548,282 | 108 | -70 | 180 | 541.2 | Completed |
FDD011 | 568,005 | 9,548,323 | 211 | -70 | 320 | 199.9 | In progress |
FDD012 | 567,582 | 9,548,332 | 138 | -70 | 140 | 0 | On collar |
TOTAL M | 4,396.9 |
Table notes: FDD008 was abandoned at a shallow depth while still in post-mineral cover due to operational issues, redrilled as FDD009. FDD002 was terminated prematurely due to ground conditions while still in observed visual mineralisation. WGS 84 Zone 56S UTM coordinates.
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 using single-use tie-locks 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/or HQ diameter drill core (noting some drilling and upcoming sampling will be on NQ core). Core recovery is considered to be appropriate.
Feni Island Gold-Copper asset, on-trend location to giant gold +/- copper mines
The Adyton Feni Island Au-Cu project is strategically located on the easily accessible Bismark Islands in PNG. Feni Island is part of the 250km long Tabar-Lihir-Tanga-Feni Island chain, which to the northwest hosts the operating gold mines of Simberi and the -giant Lihir mine, while Feni hosts a foundational resource of 1.45moz Au. To the southeast of Feni Island, on Bougainville Island, lies the giant past producing Panguna Cu-Au mine.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
ABOUT ADYTON RESOURCES CORPORATION
Adyton Resources Corporation is focused on the exploration and development of gold and copper resources in regions with high potential for Tier 1 discoveries. The company has a portfolio of highly prospective mineral exploration and development projects in Papua New Guinea (PNG) where it is focused on expansionary drilling on its 100% controlled 1.46mozAu Feni Island Au-Cu asset. This drilling is also focused on documenting the copper endowment that has previously been unassayed for. The Company also has a JV on the Fergusson Island Au project, also in PNG. 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.
Feni Island Au-Cu project
The Feni Island Project has a MRE prepared in accordance with NI 43-101 (Oct 14, 2021), that has outlined an initial inferred mineral resource of 60.4mt averaging 0.75 g/tAu, for contained gold of 1.46mozAu ((cut-off grade 0.5g/tAu). 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.
Fergusson Island Au project
The Fergusson Island Au project has a MRE prepared in accordance with NI 43-101 dated October 14, 2021, which outlined an indicated mineral resource of 4.0mt at an average grade of 1.33g/tAu for contained gold of 173kozAu and an inferred mineral resource of 16.3mt at an average grade of 1.02g/tAu for contained gold of 540kozAu. See the technical report entitled “NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay 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 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
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.
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