The reverse circulation drilling program at the Hot Springs Range Project successfully expanded the known mineralized envelope, with hole HSR2601 returning 57.9 meters at 0.3 g/t gold. Notably, the hole concluded in mineralized material, yielding 3.0 meters at 2.1 g/t gold before reaching the operational limits of the rig. Company leadership plans to re-enter this site with core drilling to further test the extent of the deposit.

Data collected from the Otis corridor indicates that gold mineralization trends northeast and increases in intensity both along that strike and at depth. This structural trend aligns with the company's geological model, which views the project as a potential analog to the nearby Turquoise Ridge deposit. Beyond the primary Otis findings, additional drilling at the Little Humboldt Fault produced intercepts including 35.0 meters at 0.3 g/t gold in hole HSR2604. Geologists are now focusing on these northeast vectors to guide upcoming exploration across the 4,311-hectare land package.