Encouraging Gold Results From Koscielny Lake

MANITOBA – Boreal Gold Inc. has received gold assay results from trench #6 on an island in the eastern area of Koscielny Lake where several quartz veins occur on the most eastern part of the Fay Lake Property south of the Puffy Lake Gold Mine. This vein has been trenched at a number of locations and this past fall; Boreal focused on sampling trench #6 on an island in Koscielny Lake. Boreal collected 9 samples from trench #6 centered on a 1.5- to 2-meter-wide quartz vein on the island. Also collected was a sample of the quartz phyric tonalite which appears to be in close contact with the quartz vein showing. Six of the nine samples collected returned assays over 1.0 g/t gold with notable samples 298802 assaying 5.7 g/t gold and sample 298804 assaying 9.7 g/t gold. Screen Metallics analysis was used on all the quartz samples since coarse gold is present at this showing.
Several sites reported at Koscielny Lake contain significant gold. Here mineralization contained values of up to 11.81 g/t Au (0.38 oz/ton Au) over one meter. Mineralized quartz containing pyrite and visible gold (V.G. in the lithologic descriptions) was intersected in 6 drill holes by A.L Parres in 1950 (A.F. 90520) (Heine 2003, Mineral Deposit Series Report No. 30).
Boreal plans to return to Koscielny Lake in the spring of 2026 and will focus on prospecting and sampling other showings. including trench #7 on the southern shore of Koscielny Lake slightly southwest of the island showing. The geology at Koscielny Lake is prospective for gold as it contains gabbro, felsic porphyry dikes, magnetite iron formation, mafic volcanic rocks and borders the Webb Lake Pluton quartz phyric tonalite.
Boreal is also pleased to announce a new gold discovery on the eastern extension of the Sunrise Grid. Two quartz vein samples, containing vuggy pyrite were collected near the eastern shore of Fay Lake. Sample 27497 and 27498 both returned gold assays greater than 3000 ppm (3.0 g/t) gold using Fire Assay analysis. The SRC Laboratories of Saskatoon, Saskatchewan has been instructed to run screen metallic analysis on these two samples to capture any coarse gold that may be present. Boreal is waiting for further gold results from this analysis. These samples are proximal to an undrilled Airborne Electromagnetic conductor with a coincident magnetic anomaly located within Fay Lake.
With gold presently over $4,000 US and over $5,500 Canadian per ounce, Boreal will continue its focus on gold by also exploring the North Star Property this fall that was recently optioned from Voyageur Mineral Explorers Corp (CSE: VOY).