Announcement • Jun 11
Nuvau Minerals Expands Exploration Program Targeting Key Base Metal and Never-Before-Drilled Gold Targets in the Matagami District Nuvau Minerals advanced its exploration strategy across its 100%-owned Matagami Mining District Project with a focus on resource growth, new target generation, and evaluation of phased development opportunities. The company expanded its ongoing drill campaign to test multiple new zinc-copper and gold targets generated through its evolving district-scale exploration approach. Approximately 17,500 metres of drilling is planned across multiple zinc-copper and gold targets. A second drill rig is being commissioned in early July, with plans to source a third rig in the fall. Follow-up drilling at the Daniel (VMS) and Thunderwood (gold) target areas. First drill testing of the Airport and ED-1 geophysical targets. Advancement of the Lotto gold target generated through the Company's regional gold-in-till program. The 2026 exploration program combines definition and step-out drilling at established mineralized zones with the testing of new targets generated by recent geological, geochemical, and geophysical compilation. The campaign is designed to advance a diversified portfolio of zinc-copper volcanogenic massive sulphide (VMS) and gold targets across the Matagami District. The program encompasses targets generated through a variety of exploration techniques and geological models, ranging from extensions to known mineralized systems to newly identified targets concealed beneath forest, glacial cover, and wetland environments. Drilling at the Airport target is designed to test a geophysical anomaly supported by updated geological interpretations. Located within a favourable volcanic sequence, along the structural corridor that hosts the historic Perseverance Mine, the drilling will test a distinct exploration target located near existing infrastructure that has not previously been drill-tested. The Daniel target area hosts a combination of geological, hydrogeochemical, and geophysical features considered prospective for VMS-style mineralization. The current program includes follow-up drilling at the Daniel-25 Zone, a high-grade VMS lens discovered in 2015 in the north-central part of the property. The intent is to further evaluate the mineralized zone and assess its potential to support future Mineral Resource estimation while testing nearby geophysical, till, and hydrogeochemical anomalies that remain untested by drilling. The ED-1 VMS target is one of several priority exploration targets generated through the integration of geological interpretations and multiple geophysical datasets, including electromagnetic, gravity, and conductivity surveys, in an area where extensive forest and wetland cover has historically limited exploration. ED-1 represents the first drilling to test one of several similar targets identified within the under-tested exploration corridor. Results from the program will help evaluate the geological setting and guide the prioritization of additional targets within the area. The Lotto target was generated through Nuvau's regional gold-in-till program and has become a priority gold exploration target following the identification of multiple anomalous gold grain counts during the sonic till sampling campaign, including a sampled interval containing more than 2,000 gold grains per 10 kg. The planned drilling program is designed to identify the source of the anomaly and improve the geological understanding of the area. To refine drill targeting, Nuvau has combined field prospecting, geological interpretation, and multiple geophysical datasets to identify prospective structural features that will be tested during the summer drilling campaign. The Company will continue to advance the Thunderwood target area following the recently completed winter drilling campaign. Located within the same lithological and structural corridor as the Daniel-25 Zone, Thunderwood was acquired in 2023 and has become a key focus for both VMS and gold exploration. Historical and recent exploration programs have identified multiple mineralized occurrences, favourable geological features, and exploration targets across a broad target area. Historic drilling at Thunderwood reported multiple high-grade gold intercepts with limited follow-up exploration completed since 1988. The winter drill program confirmed multiple types of mineralization and quartz veining. The information is being compiled, and the results will be released once available. The summer program is designed to build upon the knowledge gained to date, further evaluate the target area, and refine the Company's understanding of the geological controls on mineralization. The 2026 exploration program reflects Nuvau's strategy of advancing multiple targets in parallel across the Matagami District. By combining follow-up work on known mineralized systems with the testing of newly generated targets, the Company continues to build a pipeline of opportunities across one of Canada's most prolific VMS districts. Assay results from the ongoing campaign will be released as they become available and are validated in accordance with the Company's quality assurance and quality control procedures. Announcement • Apr 29
Nuvau Minerals Inc., Annual General Meeting, Jun 25, 2026 Nuvau Minerals Inc., Annual General Meeting, Jun 25, 2026. 
