Announcement • Jul 09
Graycliff Exploration Limited Reports Additional Drill Results Including 7.3 Metres of 10.51 G/T Gold At Shakespeare Gold Project Graycliff Exploration Limited announced additional high grade gold assay results from metallurgical drill holes B and C. Drill core assay results include an interval of 10.5 grams per tonne gold over a 7.3 metre interval in drill hole B, with a 1.0 metre intersection of 43.50 grams per tonne gold as well as a 1.0 metre intersection of 45.90 grams per tonne gold. The three metallurgical drill holes were completed using larger diameter HQ core equipment and were targeted to provide larger residual material for metallurgical and mineralogical investigation from a variety of material in the gold mineralized zone including lower grade, moderate grade and high-grade mineralization. Extremely high-grade gold mineralization was intersected in drill hole A with the assay results reported June 2 that highlighted an interval grading 454.34 grams per tonne gold over a 7.0 metre interval. Mineralization in hole C was targeted at more near surface lower grade mineralization and this targeted mineralization returned a 2.0 metre interval grading 1.76 grams per tonne gold at a depth of 66.0 metres. Table 1 - Gold Assay Results from Holes B & C Hole From (m) To (m) Width (m) Au (g/t) B 83.0 90.3 7.3 10.51 including 83.0 84.0 1.0 43.50 and 88.1 89.0 0.9 4.24 and 89.0 89.6 0.6 45.90 and 89.6 90.3 0.7 2.36 97.0 98.0 1.0 4.65 C 66.0 68.0 2.0 1.76 70.0 71.0 1.0 1.10 88.0 89.0 1.0 3.07 Reported intervals are down-hole lengths and not true thicknesses. True widths of the mineralization cannot be determined at this time due to the early-stage nature of the program. Length-weighted average grades are calculated using un-capped gold assay data. All three holes (A, B & C) drilled were located at 433802 E and 5126912 N with an azimuth of 330. The dips and lengths of the holes were as follows: hole A was -80 degrees to a depth of 149 metres; hole B was -73 degrees to a depth of 117 metres; and, hole C was -65 degrees to a depth of 101 metres. The results from Holes A, B & C along with surface sampling confirm the presence of significant gold mineralization in the area of the historic shaft, extending to a depth of more than 100 metres in this recent work, and up to 250 metres in previous work by the Company. The 7 metre extremely high-grade intersection in Hole A is more than 35 metres from the 7.3 metre high-grade intersection in Hole B and is well below the historic workings. The Company will use the analytical data as well as sample material from the three HQ-sized drill holes as the material for initial mineralogical investigations, mineral extraction analysis and for initial mineral concentration studies. These studies will help to provide the Company with data and parameters that will help formulate plans for a program of bulk sampling on the project. Over the four phases of drilling completed between 2020 and 2022, Graycliff drilled 61 holes totalling more than 12,500 metres. A total of 38 of the 61 holes had gold mineralized intervals and 40% of those 38 holes included sightings of visible gold. With the recent significant increase in gold prices the Company has embarked on a program to re-evaluate all of the project data, including data from historic mine workings, field sampling, channel sampling and all four phases of drilling in addition to the three metallurgical drill holes. Upon receipt of the results of this review work, including the results of the metallurgical holes, the Company will be in a position to synthesize a better understanding of the extent of the gold mineralization in the context of the current gold price environment. The Company will also be developing new models for the other known exploration targets on the property in advance of follow-up drilling to expand and better define the known gold mineralization. The Company's QA-QC drill core sample protocol consists of collection of samples over generally 0.5 to 1.5 metre intervals (depending on the lithology and style of mineralization) over the mineralized portions of the drill hole. The drill core is cut in half with a diamond saw, with half of the core placed in sample bags and the remaining half securely retained in core boxes, off site. Samples are organized into batches, including at least one commercially prepared standard as well as blank material. Sample batches are periodically delivered by Company personnel directly to AGAT. AGAT receives, records and tracks all samples. In the case of metallurgical test holes A, B and C the core was cut in half and then the one half was cut again to provide a one quarter sample similar in weight to one half of the NQ core samples. All samples are assayed at AGAT Laboratories Ltd. in Thunder Bay, Ontario. AGAT is accredited to ISO 17025 by the Standards Council of Canada. Subsequent to drying, crushing grinding as required, the samples are analyzed by lead fusion fire assay with Atomic Absorption Spectroscopy finish. PerkinElmer AAnalyst 400 AAS instruments are used in the analysis. All samples undergo standard fire assay analysis for gold and some samples are processed using ICPOES analysis for 33 additional elements. For samples where visible gold is noted or suspected, or for samples adjacent to visible gold samples, screen-metallic gold analysis is carried out which provides a weighted average gold grade from fire assay analysis of the entire +75 micron fraction and three 30-gram samples of the -75 micron fraction from a 500 gram sample. Prepared samples, sample replicates, duplicates and internal reference materials (both aqueous and geochemical standards) are routinely used as part of AGAT's quality assurance program. Announcement • Jun 17
Graycliff Exploration Limited announced that it expects to receive CAD 2.8 million in funding Graycliff Exploration Limited announced a non-brokered private placement to issue 8,000,000 units at an issue price of CAD 0.35 for the proceeds of CAD 2,800,000 on June 16, 2026. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant of the Company. Each Warrant will entitle the holder thereof to acquire one (1) additional Share at an exercise price of CAD 0.55 for a period of 12 months from the date of issuance, provided the Warrants may not be exercised for a period of 60 days from the date of issuance. Company may pay to eligible finders a fee equal to 8% of the aggregate cash proceeds received from the sale of the Units payable in cash and issue a number of Warrants equal to 8% of the aggregate number of Units issued. The Offering is scheduled to close on or about June 30, 2026. Recent Insider Transactions • Jun 10
President recently sold €40k worth of stock On the 2nd of June, Arndt Roehlig sold around 153k shares on-market at roughly €0.26 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arndt has been a net seller over the last 12 months, reducing personal holdings by €33k. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Walter Henry was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Graycliff Exploration Limited announced that it has received CAD 0.649957 million in funding On April 8, 2026, Graycliff Exploration Limited closed the transaction. The transaction is oversubscribed. Prior to the completion of the Offering, Arndt Roehlig held an aggregate of 1,500,000 Common Shares. Upon completion of the Offering, investor will hold an aggregate of 2,300,000 Common Shares,representing approximately 13.92% of the issued and outstanding Common Shares on an undiluted basis and approximately 13.88% on a fully-diluted basis Announcement • Mar 07
Graycliff Exploration Limited announced that it expects to receive CAD 0.6 million in funding Graycliff Exploration Limited announced a non-brokered private placement to issue up to 5,000,000 units at a price of CAD 0.12 per unit for aggregate gross proceeds of CAD 600,000 on March 6, 2026. Each Unit will be composed of one common share of the Company and one half of one (1/2) common share purchase warrant, each Warrant to be exercisable at CAD 0.18 per Share for one year from issuance. The Company may pay finder's fees of 10% in cash. 
