23:06:41 EDT Mon 27 Apr 2026
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Arya Resources Ltd
Symbol RBZ
Shares Issued 44,199,334
Close 2026-04-27 C$ 0.51
Market Cap C$ 22,541,660
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Arya drills 10.85 m of 6.05 g/t Au at Wedge Lake

2026-04-27 20:39 ET - News Release

Mr. Rasool Mohammad reports

ARYA RESOURCES ANNOUNCES NEW GOLD DISCOVERY: TRIPLET ZONE WITH INTERCEPT OF 6.05 G/T AU OVER 10.85 M

Arya Resources Ltd. has made a significant new gold discovery at its Wedge Lake gold project in Saskatchewan's La Ronge gold belt, following the receipt of preliminary high-grade assay results from drill hole AR26-16. The company previously reported a broad interval of sulphidized iron formation from the drill hole on March 2, 2026. The company has officially named this high-priority area the Triplet zone.

Preliminary assay highlights -- Triplet zone (drill hole AR26-16)

The preliminary assay results confirm the potential for a major gold-bearing system within the newly discovered iron formation at depth:

  • Drill hole AR26-16 returned two gold zones from a broad 35.45-metre interval of sulphide-bearing iron formation and altered dacite, grading:
    • 6.05 grams per tonne gold over 10.85 metres from 177.15 m to 188.00 m, including a 2.70-metre interval grading 15.47 g/t Au from 178.3 m to 181 m;
    • 1.08 g/t Au over 6.25 m from 204.75 m to 211.00 m, including 2.50 g/t Au over 1.25 m;
  • Drill hole AR26-16 also returned two mineralized intervals from a series of gold-bearing quartz veins above the iron formation package, grading:
    • 1.11 g/t Au over 2.15 m from 124.85 m to 127 m and 0.89 g/t Au over 2.25 m from 113.85 m to 116 m;
  • These results are preliminary, and additional results from the 2026 winter drilling program at the Twin zone remain pending.

Chief executive officer commentary

"The assays from AR26-16 could be a major transformation for the Wedge Lake project," stated Rasool Mohammad, chief executive officer of Arya Resources. "By naming this the Triplet zone, we are recognizing a major new gold discovery that was previously unknown at depth. Intersecting a broad 35-metre mineralized envelope validates our objective to find broader and more intensely altered systems."

Peter Deacon, director of Arya Resources, commented: "We are very excited to find this new discovery on our first drill hole at deeper depths. This new zone shows a lot of potential, and we look forward to continuing our fully funded drilling program."

Geological discussion

The Triplet zone discovery resulted from a 25-metre stepout drill hole designed to test the downdip extension of known quartz veining in AR25-10. The hole intersected multiple quartz-vein intervals followed by an unexpected broad interval of sulphide-bearing iron formation characterized by disseminated to semi-massive sulphides, strong silicification, and sericite and chlorite alteration. These geological characteristics are similar to the Twin zone located 1,000 m to the east. It is currently interpreted that the quartz vein hosted mineralization at the T-6 zone may sit stratigraphically above the western limb of the folded iron formation. This may suggest that the two mineralization styles are related and also highlights the strong exploration potential that exists to expand the footprint of the gold mineralization from both areas along the limb of the iron formation with additional stepout drilling. See March 17, 2026, news release. Additional results are pending from the drilling at the Twin zone, and will be released as they are received and verified.

Private placement closing

Based on this current news, the company has closed the books on its previously announced private placement. The company has received subscriptions for flow-through in the amount of $2.16-million and non-flow-through in the amount of $425,000. The company will forthwith be applying to the TSX Venture Exchange for final approval to complete the offering.

Independent qualified person

Kevin Wells, PGeo, a consulting geologist for the company, is the independent qualified person, as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects), for the Wedge Lake project, who has reviewed, verified and approved the contents of this news release.

Quality assurance and quality control

Arya Resources maintains tight core sample security, quality assurance and quality control for all aspects of its exploration program. All core samples from winter 2026 were logged, photographed and sampled in La Ronge, Sask. Where possible, core samples are standardized at 1.0-metre downhole intervals. The core samples are cut using a diamond core saw with half remaining in the core box for future reference. One-half is bagged and then placed in rice bags, secured with zip ties and delivered by company truck directly to SRC Geoanalytical Laboratories (Saskatchewan Research Council), an ISO/IEC 17025 accredited lab in Saskatoon, Sask., for preparation (crushing and pulverizing) and analyzed using sample method AU9 for quartz vein material at T-6 (with assumed visible gold). The sample is completely crushed, ground, blended and split in half. One-half is archived, and the other is sieved at plus or minus 106 micrometres. All the microm material greater than 106 micrometres is fire assayed. Two 30-gram replicates are fire assayed from the less-than-106-micrometre fraction. All weights, assays and calculations are reported. The remaining samples were analyzed using sample method AU3-Gold by fire assay with gravimetric finish.

Company protocols include the insertion of quality control samples consisting of blind standards (certified reference materials, blanks and sample duplicates) into the sample stream at a rate of one in 30.

Arya is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.

About Arya Resources Ltd.

Arya Resources is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and critical metal projects in Saskatchewan. The company is advancing its flagship Wedge Lake gold project and its Dunlop nickel-copper-cobalt project, both located in mining-friendly jurisdictions with excellent infrastructure.

As a Tier 2 issuer on the TSX Venture Exchange, Arya is committed to building shareholder value through discovery-driven exploration, disciplined execution and responsible development.

We seek Safe Harbor.

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