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Mines d'Or Orbec Mobilizes 2025 Surface Exploration on Second Target While Awaiting Drill Results from Lac Bernard

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Mines d'Or Orbec (TSXV: BLUE) has launched its 2025 surface exploration program on a second high-priority target within the Muus Property in Quebec's Abitibi gold belt. The company has already completed over 2,000 metres of drilling at Lac Bernard South, with assays pending by Q3 2025.

The exploration program includes systematic mapping, channel sampling, ground truthing of geophysical anomalies, and prospecting. The Muus Property, spanning 25,250 ha, is strategically located near IAMGOLD's Nelligan Deposit, which hosts 8.3 Moz of gold resources. Multiple pyrite and fuchsite-bearing zones were intersected during the summer campaign, showing alteration patterns similar to the Nelligan deposit.

Mines d'Or Orbec (TSXV: BLUE) ha avviato il suo programma di esplorazione superficiale per il 2025 su un secondo obiettivo ad alta priorità all'interno della proprietà Muus nella cintura aurifera di Abitibi, Quebec. La società ha già completato oltre 2.000 metri di perforazioni a Lac Bernard South, con i risultati delle analisi attesi entro il terzo trimestre del 2025.

Il programma di esplorazione comprende mappature sistematiche, campionamenti a canale, verifica sul campo di anomalie geofisiche e prospezione. La proprietà Muus, che si estende su 25.250 ettari, è situata strategicamente vicino al deposito Nelligan di IAMGOLD, che contiene 8,3 milioni di once di risorse aurifere. Durante la campagna estiva sono state intercettate più zone contenenti pirite e fucsita, mostrando schemi di alterazione simili a quelli del deposito Nelligan.

Mines d'Or Orbec (TSXV: BLUE) ha iniciado su programa de exploración superficial para 2025 en un segundo objetivo de alta prioridad dentro de la propiedad Muus en el cinturón aurífero de Abitibi, Quebec. La compañía ya ha completado más de 2,000 metros de perforación en Lac Bernard South, con los resultados de los análisis pendientes para el tercer trimestre de 2025.

El programa de exploración incluye mapeo sistemático, muestreo de canales, verificación en terreno de anomalías geofísicas y prospección. La propiedad Muus, que abarca 25,250 hectáreas, está estratégicamente ubicada cerca del depósito Nelligan de IAMGOLD, que posee 8.3 millones de onzas en recursos de oro. Durante la campaña de verano se intersectaron múltiples zonas con pirita y fucsita, mostrando patrones de alteración similares a los del depósito Nelligan.

Mines d'Or Orbec (TSXV: BLUE)는 퀘벡 아비티비 금 벨트 내 Muus 광산의 두 번째 고우선순위 대상지에서 2025년 지표 탐사 프로그램을 시작했습니다. 회사는 이미 Lac Bernard South에서 2,000미터 이상의 시추를 완료했으며, 분석 결과는 2025년 3분기까지 대기 중입니다.

탐사 프로그램에는 체계적인 지도 작성, 채널 샘플링, 지구물리학적 이상 현상 현장 확인 및 탐사가 포함됩니다. 25,250헥타르에 달하는 Muus 광산은 IAMGOLD의 Nelligan 광상 근처에 전략적으로 위치해 있으며, 이 광상은 830만 온스의 금 자원을 보유하고 있습니다. 여름 캠페인 동안 다수의 황철석과 푸크사이트 함유 구역이 발견되었으며, Nelligan 광상과 유사한 변질 패턴을 보였습니다.

Mines d'Or Orbec (TSXV: BLUE) a lancé son programme d'exploration de surface 2025 sur une deuxième cible prioritaire au sein de la propriété Muus dans la ceinture aurifère d'Abitibi, au Québec. La société a déjà réalisé plus de 2 000 mètres de forage à Lac Bernard Sud, avec des analyses en attente pour le troisième trimestre 2025.

Le programme d'exploration comprend une cartographie systématique, des échantillonnages en canal, la vérification sur le terrain des anomalies géophysiques et la prospection. La propriété Muus, qui s'étend sur 25 250 hectares, est stratégiquement située près du gisement Nelligan d'IAMGOLD, qui contient 8,3 millions d'onces de ressources aurifères. Plusieurs zones contenant de la pyrite et de la fuchsie ont été intersectées lors de la campagne estivale, montrant des altérations similaires à celles du gisement Nelligan.

Mines d'Or Orbec (TSXV: BLUE) hat sein Oberflächenerkundungsprogramm für 2025 auf ein zweites hochprioritäres Ziel innerhalb des Muus-Geländes im Goldgürtel von Abitibi, Quebec, gestartet. Das Unternehmen hat bereits über 2.000 Meter Bohrungen am Lac Bernard South abgeschlossen, wobei die Analyseergebnisse bis zum dritten Quartal 2025 erwartet werden.

Das Erkundungsprogramm umfasst systematische Kartierungen, Kanalprobenahmen, Geländeüberprüfungen geophysikalischer Anomalien und Prospektion. Das Muus-Gelände, das sich über 25.250 Hektar erstreckt, liegt strategisch nahe der Nelligan-Lagerstätte von IAMGOLD, die 8,3 Millionen Unzen Goldressourcen beherbergt. Während der Sommerkampagne wurden mehrere Zonen mit Pyrit und Fuchsit durchteuft, die Alterationsmuster ähnlich der Nelligan-Lagerstätte zeigten.

Positive
  • None.
Negative
  • Assay results still pending from spring drilling campaign
  • Early-stage exploration with no defined resource estimates yet

Brossard, Quebec--(Newsfile Corp. - July 29, 2025) - Mines d'Or Orbec Inc. (TSXV: BLUE) (the "Company") is pleased to announce that it has mobilized for its 2025 surface exploration program on a second high-priority target within the wholly owned Muus Property, located in the Abitibi gold belt of Quebec. This program is entirely separate from the Lac Bernard South drill campaign conducted earlier this year. While assays from Lac Bernard are pending, the Company is advancing work on this second target to continue unlocking the Muus Property's broader potential.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6951/260486_f5a2fc32f4358897_001full.jpg

Figure 1 - Location of the Muus property within the Chibougamau-Abitibi Greenzone Belt region.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6951/260486_f5a2fc32f4358897_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6951/260486_f5a2fc32f4358897_002.jpg
Figure 2 - Map showing the area to be visited in the field (white polygon) and showing the high-resolution magnetic survey (2VD) that guided a preliminary structural interpretation of the area.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6951/260486_f5a2fc32f4358897_002full.jpg

The 2025 surface exploration program will include:

  • Systematic mapping and sampling across newly exposed areas and drill target zones.
  • Channel sampling over outcropping mineralized zones surrounding key targets intersected during the summer drilling program.
  • Ground truthing of geophysical anomalies previously identified through airborne surveys.
  • Prospecting and reconnaissance aimed at identifying additional drill targets for the next phase of drilling.

CEO John Tait commented, "Our surface work in 2025 will build on the momentum of our spring drill campaign, where we successfully intersected zones of alteration and mineralization aligned with key regional structures. With multiple zones remaining open and untested, this summer's work is critical to expanding our understanding of the system and generating robust targets for follow-up drilling."

Highlights from 2025 Exploration to Date:

  • Over 2,000 metres drilled in the summer 2025 campaign at Lac Bernard South.
  • Multiple wide pyrite- and fuchsite-bearing zones intersected—alteration consistent with that of IAMGOLD's nearby 8.3 Moz Nelligan gold deposit.
  • Assay results expected by the end of Q3 2025.
  • IAMGOLD's Nelligan Discovery, located nearby, hosts:
    • Indicated mineral resources of 3.1 Moz of gold (102 Mt @ 0.95 g/t Au)
    • Inferred mineral resources of 5.1 Moz of gold (166 Mt @ 0.96 g/t Au)
      (NI 43-101 compliant as of December 31, 2024)

Strategic Location

The Muus Property is located along the Guercheville Deformation Zone in Quebec's Abitibi Greenstone Belt, in close proximity with IAMGOLD's Nelligan Deposit. The property covers 25,250 ha of prospective ground, with favorable geology, significant structural intersections, and widespread historical indicators of mineralization.

Next Steps

  • Completion of the surface mapping, sampling, and LiDAR work through Q3 2025.
  • Assay results from spring 2025 drilling expected by end of Q3.
  • Target generation and prioritization for follow-up drilling in late 2025 or early 2026.

Qualified Person

Technical information in this news release has been approved by Lucie Mathieu, P.Geo. OGQ #1774, technical adviser to the Company, who is a Qualified Person (QP) for the purpose of National Instrument 43-101.

About Mines D'Or Orbec

Mines D'Or Orbec Inc. (TSXV: BLUE) (OTC Pink: BLTMF) is a gold exploration company that controls 100% of one of the largest land positions near the Chapais-Chibougamau gold district of Quebec with significant historical production and major recent discoveries. The project is situated on the two major regional trends hosting IAMGOLD's Nelligan and Northern Superior Resources Lac Surprise to the south and IAMGOLD's Monster Lake to the north with excellent highway and road access. The Muus Project covers approximately 51,000 hectares in five separate blocks of prospective ground in the eastern part of the Abitibi Greenstone Belt. The Project is considered particularly prospective for gold mineralization, as a series of prominent ductile and brittle fault-sets transect the Property, including the Guercheville and Fancamp deformation zones, both of which are associated with numerous past and currently producing precious- and base-metal mines in the District.

ON BEHALF OF THE BOARD

John Tait, CEO and Director

For more information, please visit our website www.orbec.ca or contact Mr. John Tait, info@orbec.ca.

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 release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance including in respect of the size and use of proceeds of the Offering, the timing and ability of the to close the Offering, including obtaining approval of the Offering from the TSX Venture Exchange, if at all (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260486

FAQ

What are the key highlights of Mines d'Or Orbec's (TSXV: BLUE) 2025 exploration program?

The company has completed over 2,000 metres of drilling at Lac Bernard South and launched a second exploration program including systematic mapping, channel sampling, and ground truthing of geophysical anomalies.

How close is Mines d'Or Orbec's Muus Property to IAMGOLD's Nelligan Deposit?

The Muus Property is located along the Guercheville Deformation Zone in close proximity to IAMGOLD's Nelligan Deposit, which contains 8.3 Moz of gold resources.

When will Mines d'Or Orbec (TSXV: BLUE) receive assay results from its spring 2025 drilling?

The company expects to receive assay results from the spring 2025 drilling campaign by the end of Q3 2025.

What is the size of Mines d'Or Orbec's Muus Property in Quebec?

The Muus Property covers 25,250 hectares of prospective ground in Quebec's Abitibi Greenstone Belt.

What type of mineralization has been found at Mines d'Or Orbec's Muus Property?

The drilling has intersected multiple wide pyrite- and fuchsite-bearing zones, with alteration consistent with IAMGOLD's nearby Nelligan gold deposit.
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