Golden Pursuit Resources Announces Completion of the 2025 Exploration Program at Gordon Lake Project, NWT
Golden Pursuit Resources (TSXV: GDP) has completed its 2025 exploration program at the Myrt Lake property in Canada's Northwest Territories' Gordon Lake gold mining district. The program revealed significant findings, including new high-grade gold discoveries with samples showing 25.2 g/t Au and 22.7 g/t Au in a newly discovered mineralized zone located 2 km west of historic mine workings.
Additional highlights include a 41.7 g/t sample (ML-10) from a well-mineralized quartz vein spanning 20 meters in width and 100 meters in length. The exploration program involved detailed litho-structural mapping, rock sampling, and geochemical analyses, with 10 out of 24 samples showing gold grades above a 0.2 g/t cutoff. The assessment report results have extended the Myrt Lake federal claim until 2033.
Golden Pursuit Resources (TSXV: GDP) ha ultimato il programma di esplorazione 2025 sulla proprietà Myrt Lake, nel distretto minerario dell’oro Gordon Lake nei Territori del Nord-Ovest, Canada. Il programma ha fornito risultati significativi, tra cui nuove scoperte di oro ad alta gradazione con campioni che mostrano 25,2 g/t Au e 22,7 g/t Au in una nuova zona mineralizzata localizzata a 2 km ad ovest delle precedenti attività minerarie.
Altri punti salienti includono un campione 41,7 g/t (ML-10) proveniente da una vena di quarzo ben mineralizzata che si estende per 20 metri di larghezza e 100 metri di lunghezza. Il programma di esplorazione ha previsto mapping litho-strutturale dettagliato, campionamento di rocce e analisi geochimiche, con 10 dei 24 campioni che mostrano valori d’oro superiori a una soglia di 0,2 g/t. I risultati del rapporto di valutazione hanno esteso la rivendicazione federale di Myrt Lake fino al 2033.
Golden Pursuit Resources (TSXV: GDP) ha completado su programa de exploración 2025 en la propiedad Myrt Lake, en el distrito minero de oro Gordon Lake, en los Territorios del Noroeste de Canadá. El programa reveló hallazgos significativos, incluidas nuevas descubrimientos de oro de alta ley con muestras que muestran 25,2 g/t Au y 22,7 g/t Au en una nueva zona mineralizada ubicada a 2 km al oeste de las antiguas labores mineras.
Entre otros aspectos destacados figura un muestreo de 41,7 g/t (ML-10) proveniente de una vena de cuarzo bien mineralizada que se extiende a lo largo de 20 metros de ancho y 100 metros de longitud. El programa de exploración incluyó mapeo litológico-estructural detallado, muestreo de rocas y análisis geoquímicos, con 10 de 24 muestras mostrando oro por encima de un umbral de 0,2 g/t. Los resultados del informe de evaluación han extendido la reclamación federal de Myrt Lake hasta 2033.
Golden Pursuit Resources (TSXV: GDP)가 캐나다 노스웨스트 준주 고든 레이크 금광 분지의 Myrt Lake 자산에서 2025년 탐사 프로그램을 마쳤습니다. 이 프로그램은 새로운 높은 순도 금 발견을 포함한 중요한 결과를 보여주었으며, 샘플은 25.2 g/t Au 및 22.7 g/t Au를 나타내는 새로 발견된 광물화대가 역사적 광산 작업에서 서쪽으로 2km 떨어진 위치에 있음을 시사합니다.
추가 하이라이트로는 폭이 20m이고 길이가 100m인 잘 광물화된 석영 벌집에서 얻은 샘플 41.7 g/t (ML-10)가 있습니다. 탐사 프로그램은 상세한 litho-구조 매핑, 암석 샘플링 및 지구화학 분석을 포함했으며, 24개 샘플 중 10개는 0.2 g/t의 컷오프를 초과하는 금 등급을 보였습니다. 평가 보고서 결과는 Myrt Lake 연방 청구를 2033년까지 연장했습니다.
Golden Pursuit Resources (TSXV: GDP) a terminé son programme d’exploration 2025 sur la propriété Myrt Lake, dans le district minier d’or Gordon Lake, dans les Territoires du Nord-Ouest canadiens. Le programme a révélé des résultats significatifs, notamment de nouvelles découvertes d’or à haute teneur avec des échantillons affichant 25,2 g/t Au et 22,7 g/t Au dans une nouvelle zone minéralisée située à 2 km à l’ouest des anciennes zones d’exploitation.
Parmi les points forts, on trouve un échantillon de 41,7 g/t (ML-10) provenant d’une veine de quartz bien minéralisée s’étendant sur 20 mètres de largeur et 100 mètres de longueur. Le programme d’exploration a impliqué une cartographie litho-structurale détaillée, des prélèvements de roches et des analyses géochimiques, avec 10 sur 24 échantillons affichant des teneurs en or supérieures à un seuil de 0,2 g/t. Le rapport d’évaluation a prolongé la revendication fédérale de Myrt Lake jusqu’en 2033.
Golden Pursuit Resources (TSXV: GDP) hat sein Explorationsprogramm 2025 auf dem Myrt Lake-Gelände im Gordon Lake Goldbergbau-Distrikt der Northwest Territories, Kanada, abgeschlossen. Das Programm ergab bedeutende Ergebnisse, darunter neue hochgradige Goldfunde mit Proben von 25,2 g/t Au und 22,7 g/t Au in einer neu entdeckten mineralisierten Zone, die 2 km westlich der historischen Abbaustellen liegt.
Zu den weiteren Höhepunkten gehört eine Probe von 41,7 g/t (ML-10) aus einer gut mineralisierten Quarzader mit einer Breite von 20 Metern und einer Länge von 100 Metern. Das Explorationsprogramm umfasste detaillierte litho-strukturelle Kartierung, Probenahme von Gestein und geochemische Analysen, wobei 10 von 24 Proben Goldwerte über einem Schwellenwert von 0,2 g/t zeigten. Die Ergebnisse des Bewertungsberichts haben die Myrt Lake-Federalclaim bis 2033 verlängert.
Golden Pursuit Resources (TSXV: GDP) أكملت برنامج الاستكشاف لعام 2025 في ملكية Myrt Lake بمقاطعة غوردن ليك الذهبية ضمن منطقة تعدين الذهب في الأراضي الشمالية الغربية، كندا. أظهر البرنامج نتائج مهمة، بما في ذلك اكتشافات جديدة للذهب عالي النقاوة مع عينات تُظهر 25.2 ج/طن من الذهب و22.7 ج/طن من الذهب في منطقة معدنية جديدة اكتُشفت على بُعد 2 كم غرب مواقع التعدين التاريخية.
ومن الميزات البارزة الأخرى عيّنة 41.7 ج/طن (ML-10) من عَينٍ في عُقدة كوارتزية جيدة التعدين تمتد بواقع 20 متراً عرضاً و100 متر طولاً. اشتمل برنامج الاستكشاف على تخطيط جيولوجي-هيكلي تفصيلي، أخذ عينات الصخور، وتحاليل جيومتريكية، حيث أظهرت 10 من أصل 24 عينة معدلات ذهب تفوق عتبة 0.2 ج/طن. نتائج تقرير التقييم مددت المطالبة الفيدرالية لـ Myrt Lake حتى عام 2033.
Golden Pursuit Resources (TSXV: GDP) 已完成加拿大西北地区戈登湖金矿区的 Myrt Lake 项目的 2025 年勘探计划。该计划揭示了重要发现，包括在新发现的矿化区中出现的
高品位金发现，样品显示为 25.2 g/t Au 和 22.7 g/t Au，该矿化区位于距离历史矿区西侧约 2 公里的位置。
其他亮点包括来自厚度 20 米、长度 100 米的矿化良好的石英脉的 41.7 g/t（ML-10） 样品。勘探计划还包括详细的岩性-构造制图、岩石取样与地球化学分析，24 份样品中有 10 份的金含量超过 0.2 g/t 的阈值。评估报告的结果将 Myrt Lake 的联邦声明延长至 2033 年。
- Discovery of new high-grade mineralized zone with samples showing 25.2 g/t Au and 22.7 g/t Au
- High-grade confirmation of 41.7 g/t Au sample from substantial quartz vein (20m width, 100m length)
- Extension of Myrt Lake federal claim until 2033
- 10 out of 24 samples showed gold grades above 0.2 g/t cutoff
- Historical mineral resource estimates are not compliant with current standards and require verification
- Additional work needed including data validation, confirmatory drilling, and metallurgical testing to establish current mineral resource estimates
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - Golden Pursuit Resources Ltd. (TSXV: GDP) is pleased to announce the completion of work on its 2025 exploration program at its Myrt Lake property located in the high-grade Gordon Lake gold mining district of Canada's Northwest Territories.
This news release announces the results submitted with the 2025 Myrt Lake Assessment Report, which fulfill the mandatory requirements for maintaining our Myrt Lake federal claim and extending the claims until 2033.
The historical mineral resource estimate reported for the Myrt Lake property is considered relevant; however, it was prepared prior to the implementation of current Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards and without the application of modern quality assurance/quality control (QA/QC) protocols. The Company has not completed sufficient work to verify the historical data underlying the estimate, and the estimate should not be relied upon as a current mineral resource. In order to upgrade and verify the historical estimate, the Company anticipates that a program of data validation and confirmatory exploration will be required, including the compilation and review of historical drill hole data, verification of collar locations and surveys, re-logging and re-sampling of available core, implementation of a modern QA/QC program, and the completion of confirmatory drilling. Additional metallurgical test work may also be necessary to demonstrate reasonable prospects for eventual economic extraction. A new mineral resource estimate prepared in accordance with NI 43-101 and CIM standards would be required before the historical estimate can be considered current.
Highlights
New high-grade results indicate a new mineralized zone: Gold assay results from samples D6-2 (25.2 g/t Au) and D10 (22.7 g/t Au) indicate the discovery of a new mineralized zone. This discovered area lies approximately 2 km west of the historic mine workings, with the samples aligning in a NW/SE orientation and taken from gossanous outcropping rocks approximately 900 meters apart. Further work, including geophysics and drilling, is planned.
Additional high-grade confirmation includes a 41.7 g/t (ML-10) sample collected from a well-mineralized quartz vein over 20 meters of width and at least 100 meters of length. The mineralized vein is hosted within siltstone near former mine workings, and contains significant galena, black sphalerite, silver and pyrrhotite in addition to gold. It exhibits a distinctive blebby texture-where small, rounded blebs or inclusions of these minerals are distributed throughout the vein material.
2025 Myrt Lake Exploration Program
Litho-Structural Mapping and Sampling: Detailed litho-structural mapping and additional rock sampling were carried out at the Myrt Lake property. Detailed geological mapping data, structural measurements and rock sampling were conducted to identify new exploration targets and to increase the extent of near-surface high-grade mineralization surrounding known workings and mineralization showings (Figure 1).
Assay and Multi-Element Geochemical Analyses: Rock samples were submitted to the ALS laboratory in Yellowknife for assay and geochemical analyses (Figure 2). Additional sampling results from other claim groups owned by the company are expected by the end of September.
The Myrt Lake claims have been subject to several drilling campaigns and underground development work. In 1974, exploration initiated with an underground development program including a decline of 466 feet, and 405 feet of drifting and crosscutting along the #1 vein. In 1977, additional 3,650 feet of underground drilling were completed in 15 drillholes. A total of 3,000 tons of ore grading 0.11oz/t was mined and stockpiled (Clarke, 1985). Ore reserves were estimated to be 25,275 tons grading 0.22 oz/t Au down to 125 feet. In 1984, Ryan Energy completed 5,585 feet (1,702 m) of drilling across 10 drillholes, verifying the continuity of Zones No. 1 and No. 3 to the northwest at depths exceeding 500 feet (152 m). In 1989, the decline was rehabilitated, and 2,152 tonnes of the stockpile material were sent to the Giant Mine for processing in 1992. From this material, 730 ounces of gold grading 0.36 oz/t at a recovery rate of
The 2025 exploration program on the Myrt Lake Project was designed to build on historical high-grade results and mine operations, where sampling and drilling intersected significant gold mineralization. Detailed litho-structural mapping and rock sampling helped to better understand the structural-geochemical relationships associated with gold mineralization. Recent targeted exploration efforts have focused on delineating targets, refining the geological model, and planning drillholes.
The new results reported below (Table 1) reinforce the high-grade potential of the Gordon Lake gold mining district. These results highlight the mineralization potential at the Myrt Lake area and confirm the presence of very high-grade gold content near historic workings. Ten samples out of a total of twenty-four showed gold grade results above a 0.2 g/t cutoff.
Figure 1: Spatial distribution of structural measurements (planes - bedding, breccia, faults, joints, and veins), historical workings, assay results and modelled wireframes at Myrt Lake. A: Historic Myrt Lake Mine and 2025 data (planes and assays). B: Dome Number 6 (D6-2) showing 25.2 g/t Au - left. C: Dome Number 10 (D-10) showing 22.7 g/t Au - right - view to the west). Bottom right: Stereonet of mapped planar structural data.
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Figure 2. Property outline of the Myrt Lake Claims showing structural interpretation, historic gold showings, drillholes, and new sampled rocks with highlighted assay results.
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Table 1. Geochemical assay results from the 2025 exploration program at Myrt Lake. Original results are shown in Attachment 1 - ALS Report.
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References
Clarke, W.E., 1985. Summary Report Diamond Drill Program 1984 - WT Property. Ryan Energy Corporation Limited, January 1985. (N.W.T. Geoscience Office Assessment Report #15272).
Knutsen, W. G., 1987. Summary Report and Ore Reserve on the 'WT' Gold Property, Myrt Lake, NWT. Prepared for Westfort Petroleums Ltd. Precambrian Mining Service Ltd.
Prior, G.; Schmidt, N.; Gorham, J., 2023. Summary Report on the Gordon Lake Property. Including: Burnt Island, Camlaren, H Vein, 31 Vein, May Island, Kidney Pond, Lynk, Murray Lake, Myrt Lake, Storm, Goodrock, and Vaydik mineral occurrences. Northwest Territories, Canada. Dahrouge Geological Consulting Ltd.
Vivian, G; Bocking, N., 2022. Technical Report. South Gordon Lake Property, Northwest Territories, Canada. Prepared for Golden Pursuit Resources Ltd. Aurora Geosciences.
Community Engagement
Golden Pursuit collaborates with First Nations organizations on whose traditional territories its projects are located, as well as with the Government of the Northwest Territories, to advance their strategic interests and discuss opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations in all its future exploration programs.
About the Gordon Lake Project
The Gordon Lake Project, about 80-90 km northeast of Yellowknife, NWT, covers 6,850 hectares and includes 18 territorial claims, 13 federal claims, and five historic mining leases-all fully owned by Golden Pursuit. The site features multiple gold showings with a history of exploration and mining dating back to 1937 and continuing into the late 1980s. Located in the Slave Structural Province of the Canadian Shield's Archean granite-greenstone craton, the property hosts gold-bearing quartz veins and breccia zones primarily in Burwash Formation metaturbidite rocks of the Yellowknife Supergroup.
About Golden Pursuit Resources
Golden Pursuit Resources focuses on gold exploration and fully owns deposits and prospects in the Northwest Territories, Canada, and Nevada, USA, with only royalty obligations on some purchased claims in the NWT. The Gordon Lake project holds active land and water permits until 2030, supporting exploration and development. The company owns 11 properties with histories of mining and exploration dating back to the 1930s, including five classified as "former producers" by the NWT government. It has conducted extensive work at Gordon Lake since 2021. Further details are available at www.goldenpursuitresources.ca.
Qualified Person
The technical information in this news release has been reviewed and approved by Cleber Peralta, COO and Director of the Company. Cleber Peralta is a Professional Geoscientist (P.Geo.) registered with the Engineers and Geoscientists of British Columbia (EGBC) and a "Qualified Person" with respect to NI 43-101. The QP supervised the 2025 Golden Pursuit's exploration program and participated in the litho-structural mapping and sampling campaigns reported here. The Issuer is not treating the historic estimates as current.
On behalf of the Board of Directors
Brian McClay- President
For further information, contact:
Brian McClay
CEO & President
brian@goldpursuit.ca
Cleber Peralta
COO & Director, MSc Geology, P.Geo.
cleber@goldpursuit.ca
Tel. 604-730-6982
Forward Looking Information
This news release contains forward-looking statements that involve risks, uncertainties, and assumptions that may cause actual results to differ materially. These statements, which may include references to potential mineralization, exploration plans, and engagement with First Nations, are subject to various risks, including exploration risks, regulatory changes, market volatility, environmental factors, and other uncertainties. Readers are cautioned not to place undue reliance on them. Except as required by law, Golden Pursuit assumes no obligation to update forward-looking statements, all of which are qualified by this cautionary note.
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.
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FAQ
What were the key findings from Golden Pursuit Resources' 2025 Myrt Lake exploration program?
How long has the Myrt Lake federal claim been extended for Golden Pursuit Resources?
What is the historical production record of the Myrt Lake property?
What percentage of Golden Pursuit's 2025 exploration samples showed significant gold grades?
What additional work is needed to verify the historical mineral resources at Myrt Lake?
