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Zodiac Gold Commences Inaugural Diamond Drilling Program At Lewis Target At Todi Gold Project in Liberia
Zodiac Gold Inc. announced the commencement of the inaugural diamond drilling program at its Lewis target, located along the Company's 16-kilometre Monterra Trend at the flagship Todi Gold Project in Liberia. The Lewis target becomes the third target to be drill tested along the Monterra Trend as the Company advances its 2026 exploration strategy to systematically evaluate this district-scale gold corridor. Inaugural drilling at the Lewis target commenced on July 21, 2026, marking the third target to be drill tested along the 16-kilometre Monterra Trend. The Phase 1 program, comprising up to 3,000 metres of diamond drilling, will prioritize the southern east-west gold-in-soil trend at the Lewis target, which extends over 1.8 kilometres. Trenching at the Lewis target returned 30 metres at 1.04 g/t Au, within a broader interval of 84 metres at 0.51 g/t Au, confirming significant near-surface gold mineralization. Other trenching results include 6 metres at 0.98 g/t Au within an interval of 54 metres 0.34 g/t Au and 8 metres at 0.7 g/t Au within an interval of 136m at 0.26 g/t Au. Drill targeting for Phase 1 has been informed by trenching results, field mapping, a LiDAR-based structural interpretation, and gold-in-soil anomalism. Intersections of northwest- and northeast-trending structures highlight the potential for mineralized shoots plunging to the south. Surface exploration, including trenching, will advance concurrently on the parallel northern gold-in-soil trend to generate additional drill targets during Phase 1. Phase 2 drilling will be scaled based on Phase 1 results, with scope to expand the program to a total of up to 5,000 metres. The initial phase of drilling will focus on the southern gold-in-soil trend, a 1.8-kilometre east-west corridor hosting the strongest and most consistent gold-in-soil anomalism at the Lewis target, together with exposures that have enabled detailed field mapping. The parallel northern trend will be advanced through field mapping, prospecting, and trenching, with drilling to follow if warranted by results. The soil grid has also been extended to test the approximately one-kilometre gap between the current survey coverage and the licence boundary, with results pending. The Lewis target sits at the southeastern extent of the Company's 16-kilometre Monterra Trend, a strongly continuous corridor of gold-in-soil anomalism that also hosts the Arthington discovery and the Ben Ben and Feh Feh targets. The trend was defined through a greenfield soil sampling survey in an area with numerous artisanal workings, which identified two parallel, 1.8-kilometre, east-west trending gold-in-soil anomalies at the Lewis target. Trenching subsequently returned a standout intersection of 84 metres at 0.51 g/t Au, including 30 metres at 1.04 g/t Au. Additional artisanal workings have been identified beyond the northern and southern trends, and field visits to these areas have already commenced. The Company's interpretation of newly acquired LiDAR data over the target area, integrated with field geological mapping, has identified intersecting northwest- and northeast-trending structural corridors coincident with zones of highly anomalous gold-in-soil geochemistry - providing a robust framework for drill hole planning. In addition to these structural intersections, drilling will target the amphibolite-melanocratic gneiss package observed at other locations along the Monterra Trend, including the Arthington discovery and the Ben Ben target, further supporting the geological continuity of the trend. Note that trench intersections have been determined as intervals above 0.1 g/t Au, with a minimum length of 2m and a maximum of 2m of consecutive samples below 0.1 g/t Au. Intervals are trenched rather than true thicknesses. True thicknesses cannot be accurately estimated given the early stage of exploration. No top cut was applied to the assays. Tom Dowrick, Director of Exploration at Zodiac Gold, is a Chartered Geologist of the Geological Society of London and a Qualified Person as defined by National Instrument 43-101. He has reviewed and approved the technical and scientific information contained in this news release.