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Loyalist Exploration Announces Engagement of Caracle Creek for Loveland 43-101 Report
Toronto, Ontario – TheNewswire – October 21, 2025 – Loyalist Exploration Limited (CSE:PNGC) (“Loyalist” or the “Company”) is pleased to announce that it has eng
About this update from Loyalist Exploration Limited
[{"type":"text","content":"Toronto, Ontario – TheNewswire – October 21, 2025 – Loyalist Exploration Limited (CSE:PNGC) (“Loyalist” or the “Company”) is pleased to announce that it has engaged Caracle Creek International Consulting Inc. (“Caracle Creek”) to prepare a NI 43-101 Technical Report (the “Report”) for the Company’s Loveland Gold Copper/Nickel Project (“Loveland” or the “Project”), located in the prolific Timmins mining district. Project Highlights: Gold assays from one drill hole include 6.37 g/t Au over 8.55 m from 383.25 m to 391.8 m down-hole, 6.17 g/t Au over 3.0 m from 403.0 m to 406.0 m and 10.39 g/t Au over 3.1 m from 410.30 m to 413.4 m.(3) Surface gold grab samples about 400 m southeast of the historical Cominco Zone contain 8.98 g/t Au and 11.48 g/t Au.(3)(7) 292 contiguous mineral claims for a total area of 6,244 hectares (15,430 acres). Hollinger Zone, historical estimate of 422,350 short tons grading 0.71% Ni and 0.42% Cu.(1) Cominco Zone, historical estimate of 130,000 short tons grading 0.73% Ni and 0.68% Cu.(2) Open along strike and at depth, forming an exploration corridor with a 10 km strike length. Errol Farr, Chief Executive Officer states “We are very pleased to engage Caracle Creek to complete our first 43-101 Technical Report on Loveland. A requirement of the Canadian Securities Exchange, the Report will provide the foundation for future exploration activities on the property and continue the execution of the Company’s Buy Timmins strategy”. Loveland Property The Loveland Property is located in Byers, Loveland, Thorburn, and Moberly townships, in the Porcupine Mining Division. The Property lies within the southwest portion of the prolific Abitibi Greenstone Belt of the Archean Superior Province. The local geology consists of intercalated mafic to intermediate volcanic flows. These flows are locally intruded by feldspar porphyries and gabbro. The gabbroic rocks have similarities to the Kamiskotia gabbroic complex. Gold Mineralization Gold mineralization was intersected in holes drilled by Amador Gold Corp. to a depth of 300 m below the historical Cominco Zone deposit in 2007-2009 (4). Gold-bearing arsenopyrite and pyrite mineralization was encountered in sections of silicified granodiorite. Amador’s significant historical drill hole (LL08-13) intersected a mineralized interval that assaye...