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Golden Pursuit Resources Announces the Discovery of New Mineralization Targets Identified During Its 2025 Exploration Program on Its Myrt Lake and Kidney Pond Properties in the Northwest Territories, Canada
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - Golden Pursuit Resources Ltd. ...
About this update from Golden Pursuit Resources Ltd.
[{"type":"text","content":"Golden Pursuit Resources Announces the Discovery of New Mineralization Targets Identified During Its 2025 Exploration Program on Its Myrt Lake and Kidney Pond Properties in the Northwest Territories, CanadaVancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - Golden Pursuit Resources Ltd. (TSXV: GDP) is pleased to announce the discovery of two new targets during its 2025 exploration program on its Myrt Lake and Kidney Pond properties (Figure 1) located in the high-grade Gordon Lake gold mining district of Canada's Northwest Territories.This news release announces the new assay results submitted with the 2025 Myrt Lake and Kidney Pond Assessment Reports, which fulfill the mandatory requirements for maintaining our federal and territorial claims and leases until 2033.The new results reported hereunder reinforce the high-grade gold potential and suggest polymetallic mineralization at the Gordon Lake mining district. The historical assay results (Caelles, 1984 and 1985) and historical resource estimates (Knutsen, 1987) referenced in this press release were calculated prior to NI 43-101 and CIM guidelines and modern quality assurance/quality control (QA/QC) protocols. The Company has not completed sufficient work to verify the historical data underlying the estimate, and the estimate should not be relied upon as a current mineral resource. In order to upgrade and verify the historical estimate, the Company anticipates that a program of data validation and confirmatory exploration will be required, including the compilation and review of historical drill hole data, verification of collar locations and surveys, re-logging and re-sampling of available core, implementation of a modern QA/QC program, and the completion of confirmatory drilling. Additional metallurgical test work may also be necessary to demonstrate reasonable prospects for eventual economic extraction. A new mineral resource estimate prepared in accordance with NI 43-101 and CIM standards would be required before the historical estimate can be considered current. Highlights New high-grade results indicate two new mineralized zones at Myrt Lake: Gold assay results from samples D6-2 (25.2 g/t Au, 133 g/t Ag, and 3.61% Pb) and D10 (22.7 g/t Au and 36.2 g/t Ag) indicate the discovery of two new mineralized zones (Figure 2). This discovered area lies approximately...