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Pirate Gold Intersects 0.54% Cu Eq over 180.8m, Including 1.48% Cu Eq over 49.4m, in New Grassroots Copper-Gold Porphyry Epithermal Discovery at Moby Dick
Broad zones of Copper-Gold Mineralization encountered within the Moby Dick Alteration Zone at Crippleback Moby Dick Alteration Zone is an advanced argillic
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Broad zones of Copper-Gold Mineralization encountered within the Moby Dick Alteration Zone at Crippleback Moby Dick Alteration Zone is an advanced argillic alteration system with characteristics consistent with a Copper-Gold Porphyry to High-Sulphidation Epithermal Environment Crippleback exhibits potential for a regional-scale Copper-Gold Porphyry/Epithermal System covering more than 32 km by 8 km Limited historical exploration for this style of mineralization creates significant opportunity for additional discoveries throughout Crippleback Episode 13 of Pirate Gold Treasure Hunters now airing: https://youtu.be/VhT0jtz2ogI St. John's, Newfoundland and Labrador--(Newsfile Corp. - June 17, 2026) - Pirate Gold Corp. (TSXV: YARR) (OTCQB: YARRF) ("Pirate Gold" or the "Company") is pleased to announce exploration drill results from Crippleback at its Treasure Island Project. The Treasure Island project in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold district. Moby Dick The Neo-Proterozoic Crippleback Intrusive Suite covers 40km of strike length along the Valentine Lake Fault in the southern portion of the Treasure Island Project. A large advanced argillic alteration zone first identified in 2024 and named Moby Dick has been confirmed by drilling to measure 3100m long, 850m in width and to depth of 500m. The full extents of the alteration zone is not known and only limited by drilling to date. Results from the first three drill holes to test Moby Dick have shown broad intervals of copper and gold mineralization consistent with a Copper Porphyry-High Sulphidation Epithermal style mineralizing system. Drilling Highlights Include 0.38% Cu eq over 112.4m including 0.72% Cu eq over 45.0m (PGC-26-058) 0.54% Cu eq over 180.8m including 1.48% Cu eq over 49.4m (PGC-26-068) "Today marks a new dawn of discovery on Treasure Island. At a time when large, multi-billion-tonne copper discoveries are increasingly rare, we have completed the first few drill holes into what could prove to be an industry unicorn: a large-scale gold-copper system with district potential. "Moby Dick represents the first of several regional targets exhibiting geological characteristics consistent with a widespread high-sulphidation epithermal gold-copper environment. These preliminary drill results returned significant mineralization wit...