Announcement • Feb 14
Dixie Gold Inc. Expands Presence in the Uchi Subprovince
Dixie Gold Inc. reported that it has successfully participated in a mining claim reopening held earlier this week by the Government of Ontario (on February 9th, 2026), in which it was successful within the Mining Lands Administration System ("MLAS") in securing additional tenure contiguous to the mining claims announced by way of news release dated February 2, 2026 (claims with said date having now been granted). Along with other details outlined in this news release, the aggregate of Dixie Gold's described mining claim position forms the basis for a newly assembled project in Ontario, Canada (the "Pickle Crow East Gold Project"). Dixie Gold directly and fully funded the claim acquisitions for the Pickle Crow East Gold Project through existing working capital held by the Issuer. The Pickle Crow East Gold Project grows the Issuer's existing presence in the Uchi Subprovince, where Dixie Gold holds exploration ground (the "Red Lake Gold Project") adjoining a Kinross Gold Corp. project (the "Great Bear Project"), and where Dixie Gold has delivered upon, either directly or indirectly through partnership, around a million dollars of field exploration, therein providing it with past experience in the subprovince, especially relative to its capitalization. Reminiscent of the Issuer's early move near the Great Bear Project, and given recent corporate activity and exploration results near the historic Pickle Crow gold mine (the "Pickle Crow Mine Project"). As general background, the Pickle Lake greenstone belt, in which the historic Pickle Crow mine is located, is part of the larger Uchi Subprovince, a region known for hosting numerous gold occurrences as well as several past and present-producing mines. The newly-assembled Pickle Crow East Gold Project itself is materially underlain by metavolcanic rocks, typically seen elsewhere as favourable host rocks for gold mineralization, as well as a number of mapped but underexplored multi-kilometric iron formations (as noted by prior claim holder, Commander Resources Ltd., through both geophysical and surface work, and as also referenced in Ontario's geological data which is publicly accessible through MLAS). Lastly, like the adjoining Pickle Crow Mine Project, Dixie Gold's new Pickle Crow East Gold Project, follows a general SW-NE direction, which tracks the broader structures of the area's geology. For historic reference, the Pickle Crow gold mine, which is located within the Pickle Crow Mine Project, was originally discovered in the early 1930's and commenced commercial production in 1935. Under its current operator, the remaining Pickle Crow deposit has also had significant indicated growth in its inferred resource subsequent to historic production - of last public third-party report being a non-43-101 inferred resources of 2.8 million ounces at 7.2 g/t gold (reported in accordance with the JORC Code 2012, see Bellavista Resources Ltd. news release, Bellavista agrees to acquire 80% of Pickle Crow Gold Project and highly prospective exploration assets, dated February 2, 2026 - potentially highlighting both the global rarity of the Pickle Crow deposit itself and the prospective scale of gold endowment that may be possible in the broader region as both new technologies and new geologic understandings are applied within a favourable macro gold price. The past production and scale of the adjoining Pickle Crow Mine project, combined with an emerging appreciation of host rock settings for gold in the area brings significant potential for Dixie Gold at this exciting new project. Leveraging publicly available information, Dixie Gold has identified multiple mapped iron formations that may present banded iron formation target settings, with several of those those of those identified in the area.
