Adyton Resources Announces Filing of Financial Statements and MD&A for the Six Months Ended June 30, 2026
Rhea-AI Summary
Adyton Resources (TSXV: ADY, OTCQB: ADYRF) filed its financial statements and MD&A for the six months ended June 30, 2026 on SEDAR+. The company reported disciplined capital allocation and a combined cash, cash equivalents and term deposits balance of $13.4 million at period end.
Adyton outlined an updated NI 43-101 mineral resource estimate for the Gameta project on Fergusson Island, with indicated resources of 8.94 million tonnes at 1.41 g/t Au (404 koz) and inferred resources of 6.52 million tonnes at 0.99 g/t Au (207 koz). Combined Fergusson Island resources, including Wapolu, total 441 koz indicated and 626 koz inferred. In 2026, the company also secured an Environment Permit for Wapolu and a variation to Exploration Licence 2549 allowing a 20,000 tonne bulk sample, advancing toward a planned 300,000 tpa ROM restart, and continued drilling on Feni Island.
Positive
- Strong liquidity with $13.4 million in cash, cash equivalents and term deposits as of June 30, 2026
- Gameta indicated resource 8.94 Mt at 1.41 g/t Au containing 404 koz; inferred 6.52 Mt at 0.99 g/t Au containing 207 koz
- Fergusson Island total resources 441 koz indicated and 626 koz inferred at a 0.4 g/t Au cut-off
- Environment Permit EP-L2(1080) granted for the Wapolu project by Papua New Guinea’s CEPA on July 6, 2026
- EL 2549 variation approved by MRA on June 8, 2026, enabling extraction and processing of an approximately 20,000 tonne bulk sample at Wapolu
Negative
- Restart of Wapolu mining operations still depends on securing a Mining Lease and a Lease for Mining Purposes from the Mineral Resources Authority
AI-generated analysis. How Rhea-AI works. Not financial advice.
Brisbane, Australia--(Newsfile Corp. - August 26, 2026) - Adyton Resources Corporation (TSXV: ADY) (OTCQB: ADYRF) (FSE: 701) ("Adyton" or the "Company") announces that it has filed its financial statements for the six months ended June 30, 2026 and accompanying Management Discussion and Analysis on its SEDAR+ profile at www.sedarplus.ca.
KEY HIGHLIGHTS
- Fiscal discipline and strong quarter-end cash position:
The Company maintained a disciplined approach to capital allocation throughout the year, ensuring efficient deployment of funds across exploration programs. As a result, the Company ended the period with a combined cash and cash equivalents and other financial assets (Term Deposits) of$13.4 million at June 30, 2026, providing a strong foundation for planned activities in the upcoming period.
- Updated Mineral Resource Estimate for the Fergusson Gameta Project:
On August 5, 2026, the Company reported an updated NI 43 101 Mineral Resource Estimate (MRE) for its Gameta Gold Project ("Gameta") on Fergusson Island, Papua New Guinea (PNG).
The updated Gameta MRE incorporates approximately 4,000 metres of infill drilling completed in 2025 and comprises an indicated mineral resource of 8.94 million tonnes grading 1.41g/t Au containing 404,000 ounces of gold and an inferred mineral resource of 6.52 million tonnes grading 0.99g/t Au containing 207,000 ounces of gold. The estimate was prepared by Mining One under the authorship of Louis Cohalan (MAIG), an independent mining consultant and "qualified person" as defined in NI 43-101.
Fergusson Island Mineral Resource Estimate
The updated Gameta and Wapolu Gold Project ("Wapolu") Mineral Resource Estimates are highlighted in Table 1. The drill programs at both Wapolu and Gameta were designed to test depth and strike extensions (with resources open at depth and along strike) but also importantly to increase resource confidence to enable progress to establish reserve estimates and Mining License (ML) applications.
Table 1: Fergusson Island Mineral Resource Estimates at 0.4g/t gold cut-off
| Project | Indicated | Inferred | ||||
| Au | Tonnes | Au | Au | Tonnes | Au | |
| (g/t) | (million) | (koz) | (g/t) | (million) | (koz) | |
| Gameta exploration licence | 1.41 | 8.94 | 404 | 0.99 | 6.52 | 207 |
| Wapolu exploration licence | 0.92 | 1.25 | 37 | 0.89 | 14.72 | 419 |
| Fergusson Island Gold Project | 1.35 | 10.19 | 441 | 0.92 | 21.24 | 626 |
(see "About Adyton Resources Corporation" for technical report references)
- Continued achievements of major mining milestones at the Fergusson Wapolu Gold Project
On July 6, 2026, the Company reported that the Papua New Guinea Conservation and Environment Protection Authority (CEPA) granted the Environment Permit EP-L2(1080) for Wapolu. The permit confirms that the Project's environmental management plans have satisfied the requirements of the CEPA framework and supports Adyton's commitment to developing Wapolu in an environmentally responsible manner, in partnership with local communities and stakeholders. With this approval now in place, the remaining key regulatory milestones for the recommencement of mining operations are the grant of a Mining Lease and a Lease for Mining Purposes, both of which are administered through the Mineral Resources Authority (MRA).
On June 8, 2026, the Company reported it had received approval from the MRA for a variation to Exploration Licence 2549 ("EL 2549"), enabling the extraction and processing of an approximately 20,000 tonne bulk sample. The approval of the EL 2549 variation, together with the grant of the Environment Permit, represents meaningful progress toward the restart of mining and processing operations (300,000 tpa ROM) at Wapolu.
- Continued Drilling on Feni Island
Continued advancement of drilling activities at Feni Island through the quarter ending June 30, 2026 despite continued challenging rainy season conditions.
- Strong community support across all projects:
The Company continued to foster positive relationships with local communities and stakeholders across both Feni Island and Fergusson projects. Ongoing engagement initiatives and responsible operating practices have contributed to strong community support, which remains critical to the successful advancement of exploration activities.
ON BEHALF OF THE BOARD OF ADYTON RESOURCES CORPORATION
Tim Crossley, Chief Executive Officer
For further information please contact:
Tim Crossley, Chief Executive Officer
E‐mail: ir@adytonresources.com
Phone: +61 7 3854 2389
Phone: +1 778 549 6768
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
ABOUT ADYTON RESOURCES CORPORATION
Adyton Resources Corporation is focused on the development of gold and copper resources in world class mineral jurisdictions. It currently has a portfolio of highly prospective mineral exploration projects in Papua New Guinea on which it is exploring to expand its identified gold Inferred and Indicated Mineral Resources and expand on its recent significant copper drill intercepts on the
Adyton has a total Mineral Resource Estimate inventory within its PNG portfolio of projects comprising indicated resources of 441,000 ounces gold and inferred resources of 2,086,000 ounces gold.
The Feni Island Project currently has a mineral resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy
Thomas (MAIG), each an independent mining consultant and "qualified person" as defined in NI 43-101,available under Adyton's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.
The Fergusson Island Projects currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 10.19 million tonnes at an average grade of 1.35 g/t Au for contained gold of 441,000 ounces and an inferred mineral resource of 21.24 million tonnes at an average grade of 0.92 g/t Au for contained gold of 626,000 ounces, both inferred and indicated resources used a 0.4g/t Au cut-off grade.
See the technical report dated July 12, 2026, entitled "NI 43-101 Technical Report on Gameta Au Project Fergusson Island, Papua New Guinea" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant and "Qualified Person" as defined in NI 43-101. This report will be filed on SEDAR+ at www.sedarplus.ca within 45 days of this release. Mineral resources are not mineral reserves and have not demonstrated economic viability.
See the technical report dated January 7, 2026, entitled "NI 43-101 Technical Report on Wapolu Gold Project" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant and "Qualified Person" as defined in NI 43-101. available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.
For more information about Adyton and its projects, visit www.adytonresources.com
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Forward-looking statements
This press release includes "forward‐looking statements", including forecasts, estimates, expectations, and objectives for future operations that are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐ looking statements and information can generally be identified by the use of forward‐looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward looking statements in this news release include plans pertaining to the drill program, the intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems. The forward‐looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.
Forward‐looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses, and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely manner; the availability of financing on suitable terms for the development; construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling program; and Adyton's ability to comply with all applicable regulations and laws, including environmental, health and safety laws.
Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Adyton's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward- looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward- looking statements are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of and changes in the costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward‐looking statements. Such forward‐looking information represents management's best judgment based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially. Readers are cautioned not to place undue reliance on forward looking statements or information. Adyton Resources Corporation undertakes no obligation to update forward‐looking information except as required by applicable law.
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