Bathurst Metals Corp. Increases Control of Land Holdings in the Turner-Pistol Lake Belt by the Acquisition of the IRON GOLD and NORTH CORE Properties South of the Turner Lake/TED Gold Project, and west of the Pistol Lake Deposit, Nunavut

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Bathurst Metals Corp. Increases Control of Land Holdings in the Turner-Pistol Lake Belt by the Acquisition of the IRON GOLD and NORTH CORE Properties South of the Turner Lake/TED Gold Project, and west of the Pistol Lake Deposit, Nunavut (TheNewswire)    March 20, 2026 – TheNewswire - Bathurst Metals Corp. (“Bathurst” or the “Company”) has entered into an acquisition agreement with arm’s length vendors to acquire a 100% interest in the Iron Gold and North Core properties, located south of the Company’s 100%-owned Turner Lake/TED Gold Project in the Bathurst Inlet area of Nunavut, Canada.  To exercise the agreement, the Company must pay $4,590.00 cash, and issue to the vendors an aggregate of 4,000,000 common shares and 4,000,000 transferable share purchase warrants and a 2% NSR to the vendors. Each share purchase warrant will entitle the holder to acquire an additional common share of the Company for $0.08 for a period of three years from the date of TSXV acceptance.   NORTH CORE and IRON GOLD PROPERTIES. The NORTH CORE Gold Property, claim number 105426 covers 729.721 hectares and covers a known gold showing, with reported gold values ranging from 4.6 g/t Au. Mineralization is indicated to occur in iron formations. These iron formations are geologically similar to Bathurst’s, TED project as well as Pistol Lake and the historic Lupin Mine. The IRON GOLD Property, claim number 105425, covers 886.822 hectares and is located approximately 2 kilometres north of the NORTH CORE property. IRON GOLD covers 4 known gold occurrences associated within the same Archean Age, iron formations as described above. Gold values range from 1.07 – 13.44 g/t Au. Bathurst Metals also staked a mineral claim called FEAU01, number 105427, after discussions with NORTH CORE/IRON GOLD owners. The claim, FEAU01 covers 808.31 hectares, and has a common boundary to both the IRON GOLD and NORTH CORE properties. FEAU01 also covers an area of known gold mineralization associated with iron formations.   Comments from Lorne M. Warner, P.Geo, President and Director of Bathurst Metals Corp. “These claims cover Archean Age, Iron Formations known to host gold deposits such as the historic Lupin Mine and the nearby Pistol Lake Deposit.  The fact that there is known gold mineralization and yet no sy...

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