6.27m at 33.74 g/t Au Confirms Vail Road’s High-Grade Gold Potential

Strong Start to 2025 Drilling at Vail Road

Albright Metals Limited has unveiled the first batch of assay results from its recent diamond core drilling program at the Vail Road Gold Deposit, part of the Golden Pike Project in New Brunswick, Canada. The initial findings, drawn from four of the 15 holes drilled late last year, have delivered high-grade gold intercepts that reinforce the deposit’s reputation for exceptional mineralisation.

The standout intercept was recorded in hole VR-25-76, which returned 6.27 metres grading 33.74 grams per tonne (g/t) gold starting from 54.43 metres downhole. Within this interval, a narrower section of 2.57 metres yielded an even more impressive 70.66 g/t gold. These results closely align with historical drilling by Rockport Mining Corporation, confirming the robustness of the Middle Zone mineralisation.

Infill Drilling Validates Continuity

Three other holes (VR-25-70 to VR-25-72) targeted the Parallel Zone with infill drilling at 25-metre spacing, halving the previous 50-metre drill spacing. All returned significant gold grades within mineralised veins, underscoring the continuity of the deposit and providing confidence in the geological model. This tighter drilling grid is a critical step towards a JORC-compliant Mineral Resource Estimate, which Albright Metals plans to complete shortly.

CEO Greg Hill expressed optimism about the results, highlighting their role in accelerating the company’s development plans. "These assays confirm the exceptional high-grade nature of the Vail Road Gold Deposit and support our rapid progression towards resource estimation and mine planning," Hill said.

Next Steps and Broader Project Context

With over 1,000 metres drilled across 15 holes, Albright Metals is now focused on completing the remaining assay results, expected in the coming weeks. The company is also advancing geological modelling using structural data collected during drilling, which will underpin the forthcoming resource update.

Alongside gold exploration, partial drilling at the Bond Road and Albright Brook antimony prospects has been conducted, though operations were temporarily paused due to weather and rig availability. Decisions on further antimony drilling this winter season are pending.

The Golden Pike Project benefits from its strategic location near infrastructure in a mining-friendly jurisdiction, with Albright Metals holding an option to acquire full ownership from Globex Mining Enterprises. The company’s broader portfolio includes projects in Canada and Western Australia, with a focus on gold, copper, nickel, and manganese.

Technical Rigor and Compliance

The drilling program employed HQ diamond core techniques with high sample recovery and rigorous quality controls, including twin holes to validate historical data. Assays were conducted by certified laboratories using fire assay methods, ensuring reliability of the reported grades. While true widths of mineralised zones are still being calculated, the downhole intercepts provide a strong indication of the deposit’s quality.