Stardust Targets 250–1,000m Deep Anomaly, Plans McGarry and Omega Resource Updates

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Stardust’s MT/DCIP survey on the Cadillac Break revealed a conductive anomaly from 250 to over 1,000 metres depth, prompting a planned ANT survey and maiden drill program. It will update McGarry’s resource to incorporate 447,000 t at 8.57 g/t Au and 157,000 t at 5.83 g/t and re-evaluate Omega’s 219,800-ounce indicated deposit.

1. Combined Survey and Anomaly

The company completed a combined MT and DCIP survey on its Cadillac Break holdings, revealing an untested conductive anomaly from roughly 250 metres to over 1,000 metres depth beneath sedimentary cover. It plans an airborne ANT survey to map basin geometry and focus a maiden drill program on the anomaly later this year.

2. McGarry Project Plans

The McGarry Project hosts a historical measured and indicated resource of 447,000 tonnes at 8.57 g/t Au (123,000 ounces) plus 157,000 tonnes at 5.83 g/t Au (30,000 ounces), alongside an existing shaft to 700 metres. Stardust will update its MRE using current gold prices and deep Kerr-Addison drill data, targeting a maiden resource for the Kerr Deep Zone.

3. Kerr-Addison Tailings Evaluation

Stardust will initiate tailings drilling at the Kerr-Addison tailings complex, which spans 73 hectares and represents a potential over 1 Mt per vertical metre based on historic production of 11 million ounces at 9 g/t Au. The program aims to define tonnage, vertical grade distribution and metallurgical recovery for an initial resource estimate.

4. Omega and Kirkland West Updates

At Omega, Stardust will modernize the MRE for 4.95 million tonnes at 1.39 g/t Au (219,800 ounces) indicated and 4.69 million tonnes at 2.42 g/t Au (365,400 ounces) inferred, incorporating current drilling data and higher gold prices. The Kirkland West Project will follow up on high-grade intersections west of the Amikougami Fault to assess extension of the Macassa gold system.

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