Announcement • Jun 10
Bathurst Metals Corp. Completes Geophysical Surveys At the Peerless Project in British Columbia Bathurst Metals Corp. had completed detailed geophysical surveys at its Peerless Gold-Silver Project located in British Columbia's prolific Gold Bridge Mining Camp. The survey program consisted of 50 line-kilometres of ground magnetometer surveying and 25 line-kilometres of VLF-EM surveying completed on 25-metre spaced lines across the Company's principal exploration target area. The surveys were designed to define the extent of ultramafic units, identify key structural controls, and delineate zones of hydrothermal alteration associated with gold mineralization. The survey grid covers the main area of coincident gold and antimony soil geochemical anomalies as well as all known gold occurrences identified on the property. Interpretation of the survey data is currently underway and will be integrated with existing geological and geochemical datasets to refine drill targets. Following interpretation of the geophysical results, the Company plans to initiate a Phase 1 diamond drilling program focused on the Alpha and Beta Zones. These targets occur where east-west trending ductile shear zones intersect thrust-bounded ultramafic units and mafic volcanoclastic rocks, a geological setting considered prospective for high-grade gold mineralization. Bathurst's inaugural drill program at Peerless, completed in February 2024, intersected 5.1 g/t gold over 6.3 metres (core length) within the targeted structural corridor. The Company is currently evaluating an expansion of the proposed drill permit area to include additional coincident geochemical and geophysical anomalies extending northeast of the previously tested zones. In addition to the work completed at Peerless, field crews will conduct similar geophysical surveys and collect approximately 100 to 200 soil samples at the Company's Merry May Project, also located within the Gold Bridge Mining Camp. Mr. Lorne Warner, P.Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this news release. Announcement • Jun 01
Bathurst Metals Corp., Annual General Meeting, Jul 27, 2026 Bathurst Metals Corp., Annual General Meeting, Jul 27, 2026. Location: british columbia, vancouver Canada New Risk • May 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. 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$766k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.95m market cap, or US$4.33m).