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Naughty Ventures Acquires Historic Gold Claims Adjacent to Trident Resources' High-Grade Saskatchewan Discovery at Contact Lake

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)

Naughty Ventures (OTC: YORKF) staked a strategic 5,300-hectare land package named LYNXSTRIKE directly adjoining Trident Resources' high-grade Contact Lake discovery in the La Ronge Gold Belt, Saskatchewan.

LYNXSTRIKE includes historic Studer B showing (0.087 oz/t Au historic grab) and highway access to Trident's property. Trident's standout drill result (Nov 12, 2025) was 7.03 g/t Au over 43.25 m including 30.06 g/t Au over 9.25 m, and Trident published updated resources of 896,500 Indicated and 1,129,600 Inferred Au ounces on nearby deposits. The company warns adjacent results are not indicative of LYNXSTRIKE and has not independently confirmed those adjacent data.

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Positive

  • 5,300 hectares directly adjoining Trident's Contact Lake discovery
  • Historic Studer B showing with 0.087 oz/t Au historic grab sample
  • Good road/highway access between properties
  • Proximity to Trident's published 896,500 Indicated and 1,129,600 Inferred Au ounces

Negative

  • Trident's Contact Lake intercept is not included in Trident's updated resource estimates
  • Adjacent-property results not indicative of LYNXSTRIKE mineralization
  • Company has not independently confirmed adjacent property technical data

Key Figures

LYNXSTRIKE land package 5,300 hectares Staked land directly adjoining Contact Lake discovery
Drill grade-thickness 7.03 g/t Au over 43.25 metres Trident Resources Hole CL25-003 at Contact Lake
High-grade interval 30.06 g/t Au over 9.25 metres Included within Trident’s Hole CL25-003
Historic grab sample 0.087 oz/t Au Historic Studer B gold showing on or near project area
Indicated resource 896,500 Au ounces Trident’s updated Indicated Mineral Resource across four deposits
Inferred resource 1,129,600 Au ounces Trident’s updated Inferred Mineral Resource across four deposits
Price change -26.23% YORKF 24h move prior to/around this news
52-week range $0.0203–$0.15 YORKF 52-week low and high before this news

Market Reality Check

$0.0737 Last Close
Volume Volume 76,925 is about 8.47x the 20-day average of 9,081, indicating elevated trading interest. high
Technical Price at $0.0585 is trading above the 200-day MA of $0.05 despite a -26.23% daily move.

Peers on Argus

Key peers in Basic Materials/Other Industrial Metals & Mining such as ORESTONE MINING, ALTIPLANO METALS, BRADDA HEAD LITHIUM, TRANSATLANTIC MINING, and VAL D OR MINING each show 0% change today, contrasting with YORKF’s -26.23% move.

Historical Context

Date Event Sentiment Move Catalyst
Dec 02 Strategic investment Positive -24.3% Strategic equity investment in Cayenne Copper for Malaysian copper exposure.
Nov 21 Option agreement close Positive -16.7% Closing amended option giving Sorrento path to 100% of Bottom Brook REE.
Oct 17 Property acquisition Positive -4.9% Agreement to acquire 100% interest in Lord Baron property from Sorrento.
Oct 16 Option agreement Positive -26.7% Option deal shifting Bottom Brook funding and equity issuance to Sorrento.
Oct 14 Corporate update Positive +36.0% Positive update on Bottom Brook REE property and corporate initiatives.
Pattern Detected

Recent strategic and acquisition announcements have often been followed by negative price reactions, with only one strong positive move among the last five news events.

Recent Company History

Over the past three months, Naughty Ventures issued several strategic updates, including a corporate update on the Bottom Brook rare-earth property on Oct 14 that saw a 35.95% gain. Subsequent option and acquisition deals on Oct 16 and Oct 17 triggered declines of -26.67% and -4.91%. A rare earth option closing on Nov 21 and a copper investment on Dec 2 were followed by drops of -16.67% and -24.31%. Today’s LYNXSTRIKE staking fits this pattern of material news coinciding with high volatility.

Market Pulse Summary

This announcement stakes the 5,300-hectare LYNXSTRIKE Gold Project directly beside Trident’s Contact Lake discovery, which reported 7.03 g/t Au over 43.25m and updated resources of 896,500 Indicated and 1,129,600 Inferred ounces. For Naughty Ventures, it extends a recent run of expansion and option deals. Key factors to watch include follow-up exploration plans on LYNXSTRIKE, financing approaches, and how new results compare with the nearby Contact Lake data.

Key Terms

g/t au technical
"Trident's standout drill result announced on November 12, 2025:7.03 g/t Au over 43.25 metres"
g/t Au stands for grams per tonne of gold and measures how much gold is contained in one tonne of rock or ore. Investors use it like a yield rate: higher g/t Au means more gold recovered from the same amount of material, which usually improves a mine’s revenue potential and lowers production cost per unit of metal. Think of it as the sweetness level of fruit—more sugar per piece makes each piece more valuable.
oz/t au technical
"Historic Studer B gold showing with 0.087 oz/t Au historic grab sample"
oz/t Au denotes the amount of gold measured in troy ounces contained in one metric tonne of ore; it expresses the concentration of gold in a rock sample. Investors use it like a recipe’s ingredient concentration — higher oz/t Au means more gold per tonne, which generally raises the value of mined material, improves revenue potential and can lower production cost per ounce when assessing a mining project.
indicated technical
"Trident announced a significant upgrade to its overall resource base... 896,500 Indicated Au ounces"
Indicated describes a medical use or patient group for which a drug, device, or treatment has been shown or authorized to work; it's like a label that says which problem the product is meant to fix. For investors, a new or expanded indication can directly change a product’s potential sales and market size, similar to a store adding a new aisle of goods that attracts more customers.
inferred technical
"Trident announced a significant upgrade... 1,129,600 Inferred Au ounces"
Inferred means a conclusion or piece of information drawn from available clues rather than directly observed or confirmed. For investors, an inference is like reading a weather forecast from cloud patterns: it helps form expectations about a company’s performance or risks when hard data is missing, but it carries uncertainty and should be weighed alongside verified facts.
mineral resource estimates technical
"The Contact Lake intercept is not yet included in these updated Mineral Resource Estimates"
Mineral resource estimates are scientific calculations of how much of a particular metal or mineral likely exists in a specific underground deposit, expressed in quantities and quality based on drilling, sampling and geological models. Investors use them like a preliminary inventory or treasure map: they indicate potential value and help size exploration and development decisions, but they are not guaranteed marketable reserves and usually require further work to confirm economic viability.
qualified person regulatory
"reviewed and approved by Alex Bugden, P.Geo., a Qualified Person under National Instrument 43-101"
A qualified person is someone with specialized knowledge, experience, and training in a particular field, allowing them to accurately assess and verify information or work. Their expertise helps ensure that reports, evaluations, or decisions are trustworthy and meet required standards. For investors, a qualified person provides confidence that the information they rely on is credible and properly validated.
national instrument 43-101 regulatory
"a Qualified Person under National Instrument 43-101"
National Instrument 43-101 is a set of rules and guidelines that govern how mineral exploration and mining companies must report information about their projects. It ensures that the details shared with investors are accurate, consistent, and reliable—similar to how a detailed, verified blueprint ensures a building’s safety. This helps investors make informed decisions based on trustworthy information about a company's mineral resources.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Naughty Ventures Corp. (CSE: BAD) (OTC Pink: YORKF) (FSE: 5DE0) ("Naughty Ventures" or the "Company") is pleased to announce that it has staked a strategic 5,300-hectare land package, hereinafter referred to as the LYNXSTRIKE Gold Project, directly adjoining Trident Resources Corp.'s ("Trident") emerging high-grade Contact Lake Gold Discovery in the La Ronge Gold Belt of Saskatchewan.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/3326/277689_d24cd488b4b2c909_001.jpg

Figure 1: Naughty Ventures' LYNXSTRIKE Gold Project adjacent to Trident Resources' Contact Lake Discovery.(1)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3326/277689_d24cd488b4b2c909_001full.jpg

This strategic land position places Naughty Ventures immediately beside one of Canada's most exciting new gold discoveries-including Trident's standout drill result announced on November 12, 2025:

  • 7.03 g/t Au over 43.25 metres, including 30.06 g/t Au over 9.25 metres (Hole CL25-003) (1)

The discovery sits within the area of the former Cameco Contact Lake Gold Mine, which was decommissioned in 1998 after historic drilling failed to identify additional gold zones. Trident's new intercept changes the geological outlook for the district, revealing untapped expansion potential in an area long believed to be exhausted.

LYNXSTRIKE Gold Project Highlights

  • 5,300+ hectares directly adjoining the new high-grade Contact Lake discovery

  • Historic Studer B gold showing with 0.087 oz/t Au historic grab sample (2)

  • Underexplored land position with similar geology to the discovery zone

  • Highway access between Trident's property and Naughty Ventures' claims

District Context

Following Hole CL25-003, Trident announced a significant upgrade to its overall resource base across four deposits in the La Ronge Gold Belt (3):

  • 896,500 Indicated Au ounces

  • 1,129,600 Inferred Au ounces

The Contact Lake intercept is not yet included in these updated Mineral Resource Estimates, underscoring the potential for substantial future growth in the district.

Blair Naughty, Chief Executive Officer of Naughty Ventures, commented:

"We have been closely monitoring the rapid progress at Contact Lake, and Hole CL25-003 immediately stood out as a transformational intercept. Learning that this new discovery occurred within the historic Contact Lake Mine area-previously believed to be exhausted-changes the exploration landscape in the area. We moved quickly to secure a directly adjoining land position with similar geology, historic gold occurrences, and excellent road access. Our shareholders now have direct exposure to what may be becoming one of the most compelling new gold districts in Canada. We look forward to advancing LYNXSTRIKE while continuing to follow Trident's success."

Resources

(1) News Release dated November 12, 2025 titled "Trident Resources Intersects 7.03gpt Au over 43.25m Starting at 121.0m Depth, including 30.06gpt Au over 9.25m at Contact Lake Gold Project, Saskatchewan".
(2) Government of Saskatchewan Mineral Deposit Query, SMDI# 2530, Studer B Au Showing, Studer C Au Showing, https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2530.
(3) News Release dated November 24, 2025 titled "Trident Resources Corp. Announces Updated Mineral Resource Estimates for Four La Ronge Gold Belt Deposits in Northern Saskatchewan, Canada".

Adjacent Property Disclaimer

This news release includes references with respect to Trident's Contact Lake deposit in the La Ronge Gold Belt (the "Adjacent Property"), which is located near the LYNXSTRIKE Gold Project. The Company advises that, notwithstanding their proximity of location, discoveries of minerals on the Adjacent Property and any promising results thereof are not necessarily indicative of the mineralization of, or located on, the LYNXSTRIKE Gold Project or the Company's ability to commercially exploit the LYNXSTRIKE Gold Project or to locate any commercially exploitable deposits therefrom.

All technical information contained in this press release with respect to the Adjacent Property, was provided by the sources noted in the references above without independent review and investigation by the Company, and the Company has relied on the information contained in the respective sources exclusively in providing the information about the Adjacent Property and any deposits therefrom. The Company cautions investors on relying on this information as the Company has not confirmed the accuracy or reliability of the information.

Qualified Person

The technical content of this news release has been reviewed and approved by Alex Bugden, P.Geo., a Qualified Person under National Instrument 43-101. He is an independent consulting geologist for Naughty Ventures Corp.

About Naughty Ventures

Naughty Ventures Corp. is a Canadian venture investment and mineral exploration company focused on early-stage mineral projects with significant discovery potential. The Company is committed to identifying and advancing the world's next great mineral assets.

Naughty Ventures Corp. - BAD Come to Find the World's Next Mine.

On Behalf of the Board of Directors,

"Blair Naughty"

CEO and President

For further details, please contact:

Email: info@naughtyventures.com

Phone: 604-346-7613 or 604-341-6870 Office

Website: https://yorkharbourmetals.com/

Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "believes" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should, "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: the economic and development potential of the area surrounding Trident's Contact Lake project, including at the LYNXSTRIKE Gold Project, the transformational nature of the exploration results at the Contact Lake deposit, and the benefits to the Company for staking the LYNXSTRIKE Gold Project. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation the assumption that the Company will be able: explore the LYNXSTRIKE Gold Project, that Trident will continue obtaining promising results at its Contact Lake project, and that the market conditions for gold will continue supporting the viability of further exploration and development activities. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277689

FAQ

What did Naughty Ventures announce about the LYNXSTRIKE Gold Project (YORKF) on December 11, 2025?

The company staked a 5,300-hectare LYNXSTRIKE land package directly adjoining Trident's Contact Lake discovery.

How close is LYNXSTRIKE (YORKF) to Trident's high-grade Contact Lake intercept?

LYNXSTRIKE directly adjoins Trident's Contact Lake discovery and shares similar regional geology and highway access.

What notable drill result did Trident report near Naughty Ventures' claims in 2025?

Trident reported 7.03 g/t Au over 43.25 m, including 30.06 g/t Au over 9.25 m (Hole CL25-003, Nov 12, 2025).

Do Trident's published resources include the Contact Lake intercept near YORKF's claims?

No; the Contact Lake intercept is stated as not yet included in the updated Mineral Resource Estimates.

What historic evidence of gold exists on the LYNXSTRIKE property (YORKF)?

LYNXSTRIKE contains the Studer B historic showing with a reported 0.087 oz/t Au historic grab sample.

Has Naughty Ventures independently verified Trident's technical data for the adjacent property?

No; the company disclosed it has not independently reviewed or confirmed the adjacent property technical information.
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