Announcement • Jul 09
Gold Finder Resources Ltd. Commences Summer Fieldwork At West Madsen Gold Property Gold Finder Resources Ltd. announced that summer fieldwork is underway at its 100%-owned West Madsen Gold Property, which is contiguous with the Madsen Mine property owned by West Red Lake Gold Mines. WRLG recently announced a 4,000-metre drill program at the past-producing Starratt-Olsen Mine, located 2.7 kilometres northeast of the Property’s eastern claim boundary. Like the Madsen Mine, Starratt-Olsen straddles the regional Balmer-Confederation unconformity, which is interpreted to extend through the West Madsen Block A claim group. Gold Finder’s summer 2026 program will continue exploration at the western and eastern extremes of the Block A claim group where favourable structures, particularly the Balmer-Confederation unconformity, are interpreted to pass through and where gold anomalies were identified in rock and soil samples last year. During the fall 2025 program, Balmer ultramafic rocks were identified farther south than previously thought to occur, in the eastern part of Block A near gold-in-soil anomalies identified in the summer 2025 program. Summer fieldwork will focus on geological mapping and prospecting to better define the position of the Balmer-Confederation contact zone. The work will also evaluate lithologies, including ultramafic rocks and iron formation, within the Balmer Assemblage that may help target gold mineralization. The West Madsen Gold Property covers 5,988 hectares in the heart of the Red Lake Gold Camp and consists of two contiguous claim blocks: Block A to the east and Block B to the west. Block A adjoins the Madsen Mine property, owned by West Red Lake Gold Mines, which declared commercial production at the Madsen Gold Mine last January. The bulk of the mineral resources on the Madsen Mine property are hosted in a ~7-km-long gold trend that follows the major crustal break or contact between the Balmer and Confederation Assemblages. Gold Finder has observed the same Balmer-Confederation contact in outcrop approximately 1.5 km west of the Block A eastern claim boundary and identified it within an ~8-km corridor of disrupted regional magnetics that traverses Block A from the Madsen Mine property. Since acquiring the original claim blocks from Great Bear Resources in 2019 and additional claims from Bounty Gold in 2020 to expand Block A, Gold Finder has focused its exploration on Block A. Work has included geophysical interpretations, regional mapping and prospecting, rock sampling, a soil-gas-hydrocarbon SGH survey, and approximately 11,100 metres of diamond drilling over 28 holes. Diamond drilling has identified gold anomalies in both Balmer and Confederation Assemblage rocks. In 2020, drilling intersected 14.4 grams per tonne (g/t) Au over 0.5 metres (m) in strongly altered Balmer mafic volcanic rocks (hole WM-20-05). In 2021, drillhole WM-21-22 intersected 0.16 g/t Au over 195 m, including 0.51 g/t Au over 10.90 m from felsic intrusive rocks of the Confederation Assemblage. In 2024, follow-up drilling in hole WM-24-05, 100 m along strike to the southwest of WM-21-22, intersected 0.28 g/t Au over 15 m from the felsic intrusive rocks and 0.85 g/t Au over 9.44 m from silicified metasediments in the hanging wall to the felsic intrusive rocks. New Risk • Apr 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$453k free cash flow). Earnings have declined by 9.1% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.88m market cap, or US$5.00m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Announcement • Sep 17
Gold Finder Resources Ltd., Annual General Meeting, Nov 14, 2025 Gold Finder Resources Ltd., Annual General Meeting, Nov 14, 2025. Location: british columbia, victoria Canada