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Zodiac Gold Inc
Symbol ZAU
Shares Issued 125,017,872
Close 2026-02-12 C$ 0.165
Market Cap C$ 20,627,949
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Zodiac Gold begins diamond drilling at Ben Ben target

2026-02-12 18:40 ET - News Release

Mr. David Kol reports

ZODIAC GOLD COMMENCES INAUGURAL DRILLING AT BEN BEN TARGET

Zodiac Gold Inc. has commenced diamond drilling at its highly prospective Ben Ben target, representing a major milestone in the exploration of the company's Todi gold project in Liberia. The Ben Ben target lies within a coherent gold-in-soil anomaly that trends from the Arthington discovery -- where multiple high-grade intercepts have been returned -- to the Youth Camp target in the southeast. The company considers this 16-kilometre (km) trend to represent a highly prospective corridor with significant upside for new discoveries.

Two diamond drill rigs have been deployed to complete up to 14,000 metres (m) of drilling across the Ben Ben to Youth Camp sections of the 16 km trend. Initial holes at Ben Ben will target interpreted southwest-dipping extensions of mineralized shear zones hosted in amphibolite and gneiss, beneath existing trenches and areas of artisanal mining.

Drill targets will be refined as results are received, with additional metres directed toward the most prospective zones. The program will run in parallel with approximately 3,600 m of trenching designed to test soil anomalies ranging from 50 to 4,660 parts per billion (ppb) gold (Au) (up to 4.66 grams per tonne (g/t) Au) outside previously trenched areas, ensuring continuous refinement of targets along the corridor.

Highlights of the 2026 drill program:

  • Up to 14,000 m of diamond drilling planned, utilizing two drill rigs;
  • Three priority targets to be tested: Ben Ben, Feh Feh and Youth Camp;
  • Approximately 5,000 m initially allocated to Ben Ben, with metreage to be adjusted based on incoming drilling and trenching results;
  • Drilling will begin on the southern of two principal trends at Ben Ben, where extensive artisanal mining has exposed mineralization in both oxide and fresh rock. Planned drilling on the northern trend will be refined as results of trench sampling are received;
  • The nearby Arthington discovery, located 1.3 km along strike, was defined with only 6,836 m of drilling and has returned significant intercepts in 37 of 39 holes drilled to date (50 to 80 m spacing).

David Kol, chief executive officer of Zodiac Gold, commented: "This program represents inaugural drill testing of the southeastern extension of the 16 km corridor that hosts the Arthington discovery. Surface work to date has confirmed continuity of structure and host rocks along strike, and this campaign is designed to evaluate that potential at depth. With two rigs operating and targets refined in real time, we believe this program positions us to meaningfully advance the district-scale opportunity at Todi."

Qualified person

Tom Dowrick, director of exploration at Zodiac Gold, is a chartered geologist of the Geological Society of London and a qualified person as defined by National Instrument 43-101. He has reviewed and approved the technical and scientific information provided in this news release.

About Zodiac Gold Inc.

Zodiac Gold is a West African gold exploration company focused on its flagship Todi gold project, situated in Liberia -- an underexplored, politically stable, mining-friendly jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi shear zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast 2,316 square km land package. The Todi gold project has undergone derisking, showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, of which two have been drilled and high-grade gold intercepts.

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