Business
Inflection Resources - Drilling Ongoing at Trangie Project in New South Wales, Australia
Vancouver, British Columbia - TheNewswire - May 13, 2026: Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) (the "Company" or "Inflection") is
About this update from Inflection Resources Ltd.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - May 13, 2026: Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) (the \"Company\" or \"Inflection\") is pleased to provide an update on the ongoing drilling in New South Wales, Australia under the Exploration Agreement with AngloGold Ashanti Australia Limited (“AngloGold Ashanti”) announced on June 14, 2023 and March 25, 2025. Summary Highlights Air Core drilling is ongoing on the Trangie project as part of the Exploration Agreement with AngloGold Ashanti as announced on January 19, 2026 Thirty-seven drill holes totalling 7,130 m have been completed on the Trangie project as part of the current program to follow-up on porphyry gold-copper mineralisation intercepted in earlier drilling; Assays have not yet been received from the laboratory, although internal studies using portable pXRF analytical methods are highlighting existing areas of known mineralisation and several previously unknown areas of interest; and, The Company has received notice from AngloGold Ashanti that it will withdraw Duck Creek and Crooked Creek as Designated Projects under the Earn-in Agreement. Inflection retains 100% ownership in both projects. Going forward, AngloGold Ashanti will focus exploration on two Designated Projects: Trangie and Nyngan. Alistair Waddell, Inflection’s President and CEO, states: “We are very pleased with the progress of the ongoing Air Core drilling program at Trangie which represents an important next step in advancing this highly prospective area. Air Core drilling is proving to be a highly effective and cost-efficient method for systematically testing the broader target area, improving our geological understanding and identifying new zones that may warrant deeper drilling. The program is progressing well and, while assays remain pending, the preliminary field observations and pXRF work are encouraging. We look forward to integrating these results with the broader Trangie dataset as we continue to refine targets within this compelling gold-copper porphyry district.” Trangie Project - Phase II Drilling Update: Approximately 83 Air Core drill holes (Figure 1) are in the process of being drilled on the Trangie project, broadly focused on areas in the vicinity of hole TRNDH023 which returned 54.37 metres grading 0.37 g/t gold an...