MATACHEWAN, ONTARIO ELDORADO GOLD (QUÉBEC) INC. OPTION
NEW HIGH-GRADE GOLD ZONE DISCOVERY MULTIPLE GOLD INTERCEPTS REPORTED ON PROPERTY
Val-D'Or, Québec--(Newsfile Corp. - June 29, 2026) - Val-D'Or Mining Corporation (TSXV: VZZ) (OTCQB: VDOMF) ("the Company") is pleased to announce results from the 2025 diamond drilling program conducted over the Baden Prospect. The property is located approximately 15 kilometres northwest of Matachewan, Ontario in Baden, Argyle, Powell and Robertson townships.
Diamond Drill Program Outline and Overview:
Phase I drilling at the Baden property consisted of 3,735 metres in nine NQ diamond drillholes, completed with two helicopter-supported coring rigs. Val-d'Or Mining acted as project operator. Final ALS Chemex analytical results have been received, compiled and added to the ongoing diamond drillhole database.
Highlights
New Gold Discovery on the Property - Approximately 2 kilometres west of the main historical northwest-southeast-trending V2-Arbade Shaft mineralized trend, drillhole BA-25-006 evaluated an induced polarization (IP) anomaly identified during the 2025 survey program. The hole intersected two significant, separate gold-mineralized zones. Mineralization is associated with quartz-ankerite veins hosted in variably altered syenite intrusive rocks, similar to the historically documented gold showings and previous rock and channel samples collected along the V2-Arbade Shaft trend.
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2.44 g/t Au over 4.40 m from 262.00 m to 266.40 m, including 6.20 g/t Au over 1.10 metres; and
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6.27 g/t Au over 7.40 m from 321.00 m to 328.40 m, including 71.60 g/t Au over 0.60 metres.
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Multiple Gold Intersections - Holes BA-25-01 and BA-25-02 intersected five (5) and two (2) individual gold mineralized zones respectively. Gold mineralization is hosted in a series of quartz-carbonate (ankerite) veins hosted in a combination of host rock including syenite, greywacke and trachyte.
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BA-25-01 - 1.27 g/t Au over 1.80 m from 28.50 m to 30.30 m, including 3.25 g/t Au over 0.50 m;
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BA-25-02 - 0.60 g/t Au over 1.7 m from 254.8 m to 256.5 m, including 1.31 g/t Au over 0.50 m from 254.80 m to 255.30 m
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Hole BA-25-05 tested the Arbade Shaft mineralization to test for its depth extensions from surface.
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Broad interval of quartz-carbonate (ankerite) veined zones hosted in variable altered syenite and trachyte: 0.275 g/t Au over 47.00 m from 244.50 m to 291.50 m.
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Hole BA-25-07 tested the inferred northwest fault extension of the V2-Arbade mineralized trend. Three (3) individual gold mineralized zones were intersected. Gold mineralization is hosted in quartz-carbonate (ankerite) vein stockwork, veins hosted in syenite.
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0.67 g/t Au over 1.20 m from 5.80 m to 7.00 m;
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0.787 g/t Au over 0.5 m from 62.6 m to 63.1 m;
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0.66 g/t Au over 9.40 m from 167.10 m to 176.50 m, including 3.09 g/t Au over 0.9 m from 167.1 m to 168.0 m and 1.405 g/t Au over 1.0 m from 168.0 m to 169.0 m (2.20 g/t Au over 1.90 m from 167.1 m to 169.0 m)
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