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Inflection Resources Intercepts 3 Metres Grading 7.72 g/t Gold in New Zone at Trangie in New South Wales, Australia and Plans Eighty-Three Additional Drill Holes
VANCOUVER, British Columbia, Jan. 19, 2026 (GLOBE NEWSWIRE) -- Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) (the "Company" or "Inflection") is pleased to provide an update on drilling completed in New South Wales, Australia under the Exploration Agreement with AngloGold Ashanti Australia Limited (“AngloGold Ashanti”) as announced on June 14, 2023 and March 25, 2025. Summary Highlights High-grade gold was intersected in a new standalone target area within the Trangie district.
About this update from Inflection Resources Ltd.
VANCOUVER, British Columbia, Jan. 19, 2026 (GLOBE NEWSWIRE) -- Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) (the "Company" or "Inflection") is pleased to provide an update on drilling completed in New South Wales, Australia under the Exploration Agreement with AngloGold Ashanti Australia Limited (“AngloGold Ashanti”) as announced on June 14, 2023 and March 25, 2025. Summary Highlights Alistair Waddell, Inflection’s President and CEO, states: “The discovery of high-grade gold in a new target area within the Trangie district represents a significant development in our systematic exploration of the broader Trangie area. This new zone is located approximately 5.5 km south of the porphyry mineralisation intercepted in hole TRNDH023 and opens up an area that has not previously been drill tested. The expanded drill program at Trangie is a significant step-forward with air-core drilling representing a proven and widely used drilling methodology in New South Wales, notably in the discovery of several deposits, including the Northparkes and Cowal mines. This discovery, made as part of our strategic alliance with AngloGold Ashanti, validates our exploration approach of systematic drilling across multiple targets in the northern extension of the Macquarie Arc." Trangie Phase II Drilling: Drill hole TRNDH032 was drilled to the south (180°) at -70° and is located approximately 5.5 km south of hole TRNDH023 which intersected the previously reported porphyry-style mineralisation (Figure 1). The hole targeted a northwest-trending magnetic high coincident with a Bouguer gravity anomaly. Drilling intersected a sequence of calcareous volcanogenic siltstones and andesite lavas that have been intruded by a hornblende-bearing monzonite. Drill core exhibits skarn-style alteration characterized by localized garnet-pyroxene-magnetite assemblages with a retrograde chlorite-epidote overprint (Figure 2). Mineralisation includes chalcopyrite associated with the skarn assemblages and disseminated magnetite alteration along with multi-generational epidote-calcite and quartz veining. Notable intercepts include 3.0 m grading 7.72 g/t Au from 190.0 m to 193 m; 2.0 m at 0.19% Cu from 199.0 m to 201.0 m; 1.85 m at 0.20% Cu from 208.5 m to 210.4 m; and 1.6 m at 0.10% Cu from 310.4 m to 312.0 m. Drill hole TRNDH029 was drilled 270 m northwest of hole...
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