Haranga Uncovers >800m Continuous Gold Trend at Ibel South

Phase 2 Drilling Confirms Extensive Gold Mineralisation

Haranga Resources Limited has announced encouraging results from its Phase 2 aircore drilling program at the Ibel South Gold Project in southeastern Senegal. The program successfully identified a potential continuous gold mineralised trend extending over 800 metres at the TMS Anomaly 3, a key target within the project area.

The drilling intercepted multiple wide zones of gold mineralisation, with grades exceeding 0.3 grams per tonne (g/t) gold over significant widths. Notable intercepts include 24 metres at 0.88 g/t gold and 16 metres at 1.08 g/t gold, among others. These results align with the characteristics of Birimian-aged orogenic gold systems, known for structurally controlled mineralisation within altered greywacke and quartz vein networks.

Structural Insights and Mineralisation Controls

Analysis of the combined Phase 1 and Phase 2 drilling data suggests the mineralised trend exhibits flexures likely caused by cross-faulting. This structural complexity could create dilation zones that localise higher-grade gold mineralisation. The presence of quartz veining, albite-epidote alteration, and disseminated pyrite further supports the interpretation of a robust orogenic gold system.

Importantly, several drillholes ended in mineralised altered greywacke bedrock, indicating that the mineralisation remains open at depth and along strike. This observation underscores the need for deeper drilling to delineate the full extent and geometry of the deposit.

Exploration Strategy and Next Steps

Haranga plans to advance its exploration with a third phase of drilling commencing in the first quarter of 2026, subject to regulatory approvals. This program will focus on vectoring into deeper targets beneath the high-grade zones identified in Phase 1 and testing Priority 1 and Priority 2 termite mound geochemical anomalies that remain untested. The company aims to refine its geological model through detailed logging and assay integration to better understand structural controls and grade distribution.

The Phase 2 drilling also extended coverage into previously inaccessible areas, increasing confidence in the continuity of the mineralised corridor, which spans approximately 5 kilometres. The systematic approach combining surface geochemistry, shallow aircore drilling, and planned deeper drilling positions Haranga well to advance the Ibel South project towards resource definition.

Regional Context and Company Outlook

The Ibel South Gold Project lies within the prolific Kéniéba Inlier of Senegal, a region renowned for world-class Birimian gold deposits. Haranga’s exploration success here complements its broader portfolio, which includes the Saraya Uranium Project and the recently acquired Lincoln Gold Project in California.

Managing Director Peter Batten highlighted the significance of confirming a structurally controlled orogenic gold system with lateral continuity and open-ended potential. The company’s methodical exploration strategy, supported by robust assay data and geological interpretation, aims to unlock value through resource expansion and eventual development.