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Argyle Resources Corp. Provides Drilling Update for Clay Howells REE Project

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Argyle Resources (OTCQB: ARLYF) has reported progress on its diamond drilling program at the Clay Howells Rare Earth Element (REE) Project in northwestern Ontario. The company has completed four holes and is currently drilling the fifth hole. A significant discovery was made in drill hole CH-25-04, which revealed a 5.9-meter interval of magnetite-layered carbonatite between 165.25 and 171.15 meters.

The drilling program has achieved 1,231 metres of drilling from September 21st to 29th, averaging 102.6 metres per day. The current hole, CH-25-05, has reached 267 metres of its planned 300-metre depth. Preliminary analysis using portable XRF confirmed the presence of valuable rare earth elements including cerium, lanthanum, neodymium, and praseodymium in the CH-25-04 intersection.

Argyle Resources (OTCQB: ARLYF) ha riferito progresso nel programma di trivellazione di diamanti presso il Clay Howells Rare Earth Element (REE) Project nel nord-ovest dell'Ontario. L'azienda ha completato quattro pozzi ed è attualmente al quinto. Una scoperta significativa è stata fatta nel pozzo CH-25-04, che ha rivelato un intervallo di 5,9 metri di carbonatite stratificata in magnetite tra i 165,25 e i 171,15 metri.

Il programma di trivellazione ha totalizzato 1.231 metri di trivellazione dal 21 al 29 settembre, con una media di 102,6 metri al giorno. Il pozzo in corso, CH-25-05, ha raggiunto i 267 metri della profondità prevista di 300 metri. L'analisi preliminare tramite XRF portatile ha confermato la presenza di elementi delle terre rare di valore, tra cui cerio, lantanio, neodimio e praseodimio, nell’intersezione CH-25-04.

Argyle Resources (OTCQB: ARLYF) ha informado avances en su programa de perforación de diamantes en el Clay Howells Rare Earth Element (REE) Project en el noroeste de Ontario. La empresa ha completado cuatro sondeos y actualmente está perforando el quinto. Se realizó un hallazgo significativo en el pozo de perforación CH-25-04, que mostró un intervalo de 5,9 metros de carbonatita magnetita‑estratificada entre 165,25 y 171,15 metros.

El programa de perforación ha logrado 1.231 metros de perforación desde el 21 hasta el 29 de septiembre, promediando 102,6 metros por día. El pozo actual, CH-25-05, ha alcanzado los 267 metros de la profundidad prevista de 300 metros. Un análisis preliminar mediante XRF portátil confirmó la presencia de valiosos elementos de tierras raras, incluyendo cerio, lantano, neodimio y praseodimio en la intersección CH-25-04.

Argyle Resources (OTCQB: ARLYF)는 온타리오주 북서부의 Clay Howells 희토류 원소(REE) 프로젝트에서 다이아몬드 시추 프로그램의 진행 상황을 보고했습니다. 회사는 네 개의 시추공을 완료했고 현재 다섯 번째 시추를 진행 중이며, CH-25-04 시추에서 5.9미터의 자철광층의 탄산염암 간격을 확인하는 중요한 발견을 했습니다. 위치는 165.25m에서 171.15m 사이입니다.

9월 21일부터 29일까지 1,231미터의 시추를 달성했고 일일 평균 102.6미터를 기록했습니다. 진행 중인 CH-25-05 시추는 계획 깊이 300미터 중 267미터에 도달했습니다. 휴대용 XRF를 이용한 예비 분석은 CH-25-04 교차부에서 세륨, 란탄, 네오디뮴, 프라세오디뮴을 포함한 가치 있는 희토류 원소의 존재를 확인했습니다.

Argyle Resources (OTCQB: ARLYF) a communiqué des progrès sur son programme de forages diamantifères au sein du Clay Howells Rare Earth Element (REE) Project dans le nord-ouest de l’Ontario. La société a terminé quatre puits et effectue actuellement le cinquième. Une découverte importante a été faite dans le puits CH-25-04, révélant un intervalle de 5,9 mètres de carbonatite magnétite‑stratifiée entre 165,25 et 171,15 mètres.

Le programme de forage a atteint 1.231 mètres de forage du 21 au 29 septembre, soit une moyenne de 102,6 mètres par jour. Le puits en cours, CH-25-05, a atteint 267 mètres sur une profondeur prévue de 300 mètres. Une analyse préliminaire par XRF portable a confirmé la présence d’éléments des terres rares de valeur, notamment le cérium, le lantanum, le néodyme et le praséodimium, dans l’intersection CH-25-04.

Argyle Resources (OTCQB: ARLYF) hat Fortschritte bei ihrem Diamantbohrprogramm im Clay Howells Rare Earth Element (REE) Projekt im Nordwesten Ontarios gemeldet. Das Unternehmen hat vier Bohrungen abgeschlossen und bohrt derzeit die fünfte. Bei Bohrloch CH-25-04 wurde eine signifikante Entdeckung gemacht: ein 5,9 Meter breites Intervall magnetit‑lagertes Carbonatit zwischen 165,25 und 171,15 Metern.

Das Bohrprogramm hat 1.231 Meter Bohrung vom 21. bis 29. September erreicht und damit durchschnittlich 102,6 Meter pro Tag gebohrt. Das derzeitige Loch CH-25-05 hat eine Tiefe von 267 Metern der geplanten 300 Meter erreicht. Eine vorläufige Analyse mit tragbarer XRF bestätigte das Vorhandensein wertvoller Seltene-Erden-Elemente, darunter Cerium, Lanthan, Neodym und Praseodym, in der CH-25-04‑Verbindung.

Argyle Resources (OTCQB: ARLYF) أبلغت عن تقدم في برنامج حفر الألماس بمشروع Clay Howells لعناصر الأرض النادرة (REE) في شمال غرب أونتاريو. أكملت الشركة أربعة آبار وتقوم حالياً بالحفر في البئر الخامس. تم التوصل إلى اكتشاف مهم في بئر CH-25-04، الذي كشفت عن فاصل يبلغ 5.9 أمتار من الكربوناتيت المخلّط بالماغنيتيت بين 165.25 و171.15 متراً.

حقق برنامج الحفر 1,231 متراً من الحفر من 21 إلى 29 سبتمبر، بمعدل يومي يبلغ 102.6 متر. البئر الحالي CH-25-05 وصل إلى عمق 267 متراً من المخطط 300 متر. التحليل الأولي باستخدام XRF المحمول أكد وجود عناصر نادرة قيّمة مثل السيريوم واللانثان والنيوديميوم والبرسيوديميوم في تقاطع CH-25-04.

Argyle Resources (OTCQB: ARLYF) 已报告其在安大略省西北部 Clay Howells 稀土元素(REE)项目钻石钻探计划的进展。公司已完成四口井,现正在钻探第五口井。CH-25-04 井发现了一个显著的发现,即在165.25米至171.15米之间出现了5.9米的磁铁矿层状碳酸岩间距。

自9月21日至29日,钻探计划累计钻探了1,231米,日均约102.6米。当前井 CH-25-05 已达到计划深度300米中的267米。使用便携式XRF的初步分析证实,在CH-25-04的交叉段中存在有价值的稀土元素,包括铈、镧、镍钕和铽。

Positive
  • Discovery of 5.9-meter magnetite-layered carbonatite interval in CH-25-04
  • Confirmation of high-grade REE presence through XRF readings
  • Efficient drilling progress with 1,231 metres completed in 8 days
Negative
  • No carbonatite encountered yet in current hole CH-25-05

Calgary, Alberta--(Newsfile Corp. - October 2, 2025) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") is pleased to provide an update on its ongoing diamond drilling program at the Clay Howells Rare Earth Element (REE) Project, located in northwestern Ontario.

The campaign has completed four holes, and drilling is now underway on the fifth. A significant highlight is the discovery of a 5.9-meter interval of magnetite-layered carbonatite in drill hole CH-25-04. This finding is particularly promising as preliminary analysis confirms the presence of a high-grade Rare Earth Element (REE) system, providing strong validation for the property's potential. The company is actively following up on this success by drilling the current hole, CH-25-05, in the same magnetic anomaly area.

Diamond Drilling Progress

During the past week, from September 21st to September 29th, Argyle made significant progress in its drilling program. A total of 1231 metres were drilled, averaging 102.6 metres per day. Drilling is advancing as planned, with hole CH-25-05 (2025-AR-001) currently at 267 metres of a planned 300 metres. This steady progress reassures us that we are on track with our drilling schedule. Drilling is expected to be completed shortly, after which the next planned hole, 2025-AR-006-b, will commence.

Recap of Drilling Highlights

Significant Mineralization in Hole CH-25-04: A notable intersection of magnetite-layered carbonatite was encountered from 165.25 to 171.15 meters (a 5.9-meter interval).

Drilling at Clay Howells this past week showed encouraging signs. In Hole CH-25-04, the team intersected a magnetite-rich carbonatite zone between 165 and 171 metres, a rock type known to host rare earth elements. Portable XRF readings confirmed the presence of cerium, lanthanum, neodymium, and praseodymium, making this one of the most promising intervals encountered so far in the program. While Hole CH-25-05 is underway and has reached 267 metres of its planned 300-metre depth, findings have led to mainly pink and grey syenite. While no carbonatite has been hit yet in this hole, its proximity to CH-25-04 means it remains a high-priority target. See this week's findings below:

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10451/268796_1d2af924a4da0bde_001full.jpg

Figure 1: Magnetite layered carbonatite in hole CH-25-04.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10451/268796_1d2af924a4da0bde_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10451/268796_1d2af924a4da0bde_002full.jpg

Figure 2: Pinkish syenite. Most commonly found unit in hole CH-25-05.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10451/268796_1d2af924a4da0bde_002full.jpg

Jeffrey Stevens, CEO of Argyle Resources, commented:

"Our drilling program at Clay Howells is progressing well, with early results providing valuable insight into the property's geology. The discovery of magnetite-layered carbonatite in CH-25-04 is a key development that supports our geological model and will help refine future targeting across the project."

About Argyle Resources Corp.

Argyle Resources Corp. is a junior mineral exploration company engaged in acquiring, exploring, staking, and evaluating natural resource properties in North America. The Company holds 100% interests in the Pilgrim Islands, Matapedia, Lac Comporté, and Saint Gabriel quartzite silica projects in Québec, and the Clay Howells rare earth element project in Ontario. The Company is engaged in a research partnership with the INRS, a high-level research and training institute funded by the Québec government.

Qualified Person

George Yordanov, P.Geo., Director, reviewed and approved the scientific and technical information disclosed in this press release, acting as the Company's Qualified Person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

'Jeffrey Stevens'
President & CEO

For all other inquiries:
Email: info@argyleresourcescorp.com
Phone: (825) 724-0033
Website: www.argyleresourcescorp.com

Forward-Looking Statements

All statements included in this press release that address activities, events or developments that Argyle expects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements may involve, but are not limited to, statements with respect to the exploration and development of the Company's mineral properties. These forward-looking statements involve numerous assumptions made by Argyle based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond Argyle's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, Argyle does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

Neither the Canadian Securities Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268796

FAQ

What significant discovery did Argyle Resources (ARLYF) make in their Clay Howells drilling program?

Argyle discovered a 5.9-meter interval of magnetite-layered carbonatite in drill hole CH-25-04, containing rare earth elements including cerium, lanthanum, neodymium, and praseodymium.

How much drilling progress has ARLYF made at the Clay Howells REE Project?

The company completed 1,231 metres of drilling between September 21-29, 2025, averaging 102.6 metres per day, with four holes completed and the fifth hole currently at 267 metres depth.

What rare earth elements were identified in Argyle's Clay Howells drilling program?

Portable XRF readings confirmed the presence of cerium, lanthanum, neodymium, and praseodymium in the magnetite-rich carbonatite zone.

Where is Argyle Resources' Clay Howells REE Project located?

The Clay Howells Rare Earth Element Project is located in northwestern Ontario, Canada.
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