Vancouver, British Columbia -
Newsfile Corp.
- April 27, 2026 - Arya Resources Ltd. (TSXV: RBZ) ("Arya" or the
"Company") is pleased to announce a significant new gold discovery at
its Wedge Lake Gold Project in Saskatchewan's La Ronge Gold Belt,
following the receipt of preliminary high-grade assay results from drill
hole AR26-16. The Company previously reported a broad interval of
sulphidized iron formation from the drill hole on March 2, 2026. The
Company has officially named this high-priority area the Triplet Zone.
Preliminary Assay Highlights - Triplet Zone (Drill hole AR26-16)
The preliminary assay results confirm the potential for a major
gold-bearing system within the newly discovered iron formation at depth:
-
- Drill hole AR26-16 returned two gold zones from a broad 35.45m
interval of sulphide-bearing iron formation and altered dacite, grading:
-
6.05 g/t Au over 10.85 m from 177.15 m - 188.00 m, including a
2.70 m interval grading 15.47 g/t Au from 178.3 m - 181 m.
-
1.08 g/t Au over 6.25 m from 204.75 m - 211.00 m, including 2.50 g/t Au over 1.25 m
-
- Drill hole AR26-16 also returned two mineralized intervals from a
series of gold-bearing quartz veins above the iron formation package,
grading:
-
1.11 g/t Au over 2.15 m from 124.85 m - 127 m and 0.89 g/t Au over 2.25 m from 113.85 m - 116 m.
-
- These results are preliminary, and additional results from the 2026 winter drilling program at the Twin Zone remain pending.
CEO Commentary
"The assays from AR26-16 could be a major transformation for the Wedge
Lake Project," stated Rasool Mohammad, CEO of Arya Resources. "By naming
this the Triplet Zone, we are recognizing a major new gold discovery
that was previously unknown at depth. Intersecting a broad 35-metre
mineralized envelope validates our objective to find broader and more
intensely altered systems."
Peter Deacon, Director of Arya Resources, commented, "We are very
excited to find this new discovery on our first drill hole at deeper
depths. This new zone shows a lot of potential, and we look forward to
continuing our fully-funded drilling program."
Geological Discussion
The Triplet Zone discovery resulted from a 25 m step-out drill hole
designed to test the down-dip extension of known quartz veining in
AR25-10. The hole intersected multiple quartz-vein intervals followed by
an unexpected broad interval of sulphide-bearing iron formation
characterized by disseminated-to-semi-massive sulphides, strong
silicification, and sericite and chlorite alteration. These geological
characteristics are similar to the Twin Zone located 1,000 m to the
east. It is currently interpreted that the quartz vein hosted
mineralization at the T-6 Zone may sit stratigraphically above the
western limb of the folded iron formation. This may suggest that the two
mineralization styles are related and also highlights the strong
exploration potential that exists to expand the footprint of the gold
mineralization from both areas along the limb of the iron formation with
additional step-out drilling.
See March 17, 2026, News Release. View Maps below. For core pictures, visit the Gallery at
https://aryaresources.com/wedgelakegallery
The Company notes that these are preliminary assay results from the
2026 winter program. Additional results are pending from the drilling at
the Twin Zone and will be released as they are received and verified.
See Plan Map and Schematic Long Section (looking North) below:
Triplet Zone Plan Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9409/294379_13c41d2734124a99_002full.jpg
Long-Section Looking North
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9409/294379_13c41d2734124a99_003full.jpg
Private Placement Closing
Based on this current news, the Company has closed the books on its
previously announced private placement. The Company has received
subscriptions for flow-through in the amount of $2,160,000 and
non-flow-through in the amount of $425,000. The Company will forthwith
be applying to the TSX Venture Exchange for final approval to complete
the offering.
Independent Qualified Person
Kevin Wells, P.Geo., a consulting geologist for the Company, is the
independent qualified person, as defined by National Instrument 43-101 -
Standards of Disclosure for Mineral Projects, for the Wedge Lake
Project, who has reviewed, verified, and approved the contents of this
news release.
Quality Assurance and Quality Control (QA/QC)
Arya Resources Ltd. maintains tight core-sample security, quality
assurance and quality control (QA/QC) for all aspects of its exploration
program. All core samples from the winter 2026 were logged,
photographed and sampled in La Ronge, Saskatchewan. Where possible, core
samples are standardized at 1.0 m down-hole intervals. The core samples
are cut using a diamond core saw with half remaining in the core box
for future reference. One-half is bagged and then placed in rice bags,
secured with zip ties, and delivered by Company truck directly to SRC
Geoanalytical Laboratories (Saskatchewan Research Council) an ISO/IEC
17025 accredited lab in Saskatoon, SK for preparation (crushing and
pulverizing) and analyzed using sample method AU9 for quartz vein
material at T-6 (with assumed visible gold). The sample is completely
crushed, ground, blended, and split in half. One-half is archived, and
the other is sieved at +/- 106 µm. All the +106 µm material is fire
assayed. Two 30 g replicates are fire assayed from the -106 µm fraction.
All weights, assays, and calculations are reported. The remaining
samples were analyzed using Sample method AU3-Gold by fire assay with
gravimetric finish.
Company protocols include the insertion of quality control samples
consisting of blind standards (Certified Reference Materials (CRMs),
blanks and sample duplicates into the sample stream at a rate of 1 in
30.
Arya is not aware of any drilling, sampling, recovery, or other factors
that could materially affect the accuracy or reliability of the data
referred to herein.
About Arya Resources Ltd. (TSXV: RBZ)
Arya Resources Ltd. is a Canadian mineral exploration company focused on
the acquisition, exploration, and development of precious and
critical-metal projects in Saskatchewan. The Company is advancing its
flagship Wedge Lake Gold Project and its Dunlop Nickel-Copper-Cobalt
Project, both located in mining-friendly jurisdictions with excellent
infrastructure.
As a Tier 2 issuer on the TSX Venture Exchange, Arya is committed to
building shareholder value through discovery-driven exploration,
disciplined execution, and responsible development. For more
information, please visit us at
www.aryaresourcesltd.com.
On behalf of the Board of Directors:
Rasool Mohammad, CEO
For more information, please contact:
Arya Resources Ltd.
Rasool Mohammad, CEO
E:
rasool@aryaresourcesltd.com
T: (604) 868-7737
CHF Capital Markets
Cathy Hume, CEO
E:
cathy@chfir.com
T: (416) 868-1079 x 251
Twitter:
@ARYARESOURCES
Facebook: @AryaResourcesLtd.
LinkedIn: @AryaResourcesLtd.
YouTube:
@ARYARESOURCES
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accept responsibility for the adequacy or accuracy of this news release.
Forward-Looking Statements
This news release includes "forward-looking statements" that are subject
to assumptions, risks and uncertainties. Statements in this news
release which are not purely historical are forward-looking statements,
including, without limitation, any statements concerning the Company's
intentions, plans, estimates, expectations or beliefs. Although the
Company believes that any forward-looking statements in this news
release are reasonable, there can be no assurance that any such
forward-looking statements will prove to be accurate. The Company
cautions readers that all forward-looking statements, including, without
limitation to those relating to the Company's future operations and
business prospects, are based on assumptions, none of which can be
assured, and are subject to certain risks and uncertainties that could
cause actual events or results to differ materially from those indicated
in the forward-looking statements. Readers are advised to rely on their
own evaluation of such risks and uncertainties and should not place
undue reliance on forward-looking statements. Any forward-looking
statements are made as of the date of this news release, and the Company
assumes no obligation to update the forward-looking statements, or to
update the reasons why actual events or results could or do differ from
those projected in the forward-looking statements. Except as required by
law, the Company assumes no obligation to update any forward-looking
statements, whether as a result of new information, future events or
otherwise.