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Greenwood Mining Division · British Columbia

Triple R Project

Project Overview

Gold and Copper Targets in Southern BC

The Triple R Project covers approximately 2,200 hectares six kilometres east of Beaverdell, British Columbia. Results reported on September 24, 2025 outlined several areas for follow-up through surface rock and soil sampling, geological mapping and ground magnetic surveying.

14,700 ppb Au Highest reported sample · 14.7 g/t Au · OK Zone
600 × 600 m OK Zone soil anomalies · open in all directions
4 Areas reported in 2025 · OK, Gateway, Volcano and West

September 24, 2025 Results

Four Areas for Follow-Up

Triple R soil geochemistry and gridline map showing the OK Zone anomaly Gold-in-soil results across the Triple R grid

A soil anomaly is an area where soil samples contain more of a metal than the surrounding ground. At the OK Zone, the 2025 work expanded the reported gold, copper and zinc soil anomalies to 600 by 600 metres. The anomalies remained open in all directions, meaning their outer limits had not yet been defined by the sampling grid.

OK Zone

The highest-grade reported sample returned 14,700 ppb Au (14.7 g/t Au) with 953 ppm arsenic. Soil samples from the eastern part of the grid returned up to 1,040 ppb Au, and magnetic surveying identified features for follow-up alongside the soil results.

Gateway Zone

Chalcopyrite and copper oxides associated with quartz veins were traced over 300 metres. The 2025 program also documented intrusive rocks and historical trenches, pits and an adit.

Volcano Zone

Mapping documented banded quartz veins and brecciated tuff containing up to 10% pyrite and arsenopyrite, together with historical workings including an adit and cabins.

West Zone

Soil sampling returned multi-element values of up to 302 ppb Au, 508 ppm Cu, 7,440 ppm Pb and 1,680 ppm Zn in the southwest corner of the grid. The reported anomaly was open to the southwest.

The program included 342 soil samples and 22.9 line-kilometres of ground magnetic surveying across the OK and West grids. Surface sampling and geophysical anomalies are exploration indicators; follow-up work is required to determine their significance and continuity.

Source: Adelphi Metals, September 24, 2025 news release. The technical content of that release was reviewed and approved by Derrick Strickland, an independent Qualified Person as defined by NI 43-101.

2025 Program at a Glance

Building the Exploration Picture

The 2025 program combined mapping, surface sampling and ground magnetic surveying to refine several gold, copper and polymetallic areas for additional exploration.

Follow-Up Areas

Results highlighted the OK, Gateway, Volcano and West areas for additional work.

Metals Reported

The release describes gold, silver, copper and molybdenum mineralization, with lead and zinc also reported in West Zone soil samples.

Field Coverage

342 soil samples supported the 2025 geochemical work reported for the project.

Ground Magnetics

22.9 line-kilometres of surveying covered the OK and West grids.

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