{"success":true,"data":{"pressRelease":{"id":"20791","rtpr_id":"nNFC8wS63l","ticker":"ADY","exchange":"","all_tickers":["ADY"],"title":"Adyton Reports High-Grade Interval at Gameta Development Project of 28.5g/t Au over 12.0m Including 226g/t Au over 1.0m, Fergusson Island, PNG","author":"Newsfile Corp","published_at":"2026-05-05T11:01:51.960Z","article_body":"Brisbane, Australia--(Newsfile Corp. - May 5, 2026) - Adyton Resources\nCorporation (TSXV: ADY) (\"Adyton\" or the \"Company\") is pleased to report the\ndiscovery of a new high-grade gold zone within the existing resource, from its\n2025 infill drill program at the Gameta Gold development Project (50/50 JV),\nlocated on Fergusson Island in Papua New Guinea (PNG).\n\nThe 2025 program included 4201 meters of largely infill drilling for a total\nof 36 diamond core holes. Drilling focused on areas within the existing\ndeposit to better define and expand known mineralization. Prior to this\ndrilling, the Gameta Project's Mineral Resource Estimate (MRE) contained\napproximately 4.0 million tonnes (Mt) @ 1.33 g/t Au for 173 koz gold\n(indicated), and 10.5 Mt @ 1.01 g/t Au for 340 koz gold (inferred), within a\nconceptual open-pit shell.\n\nHole GMDH009 returned 28.56 g/t Au over 12.0m starting from 146m downhole.\nThis is the highest-grade intercept ever recorded by Adyton to date and\nhighlights the presence of high-grade zones within the broader deposit. This\nresult, along with other strong intercepts reported in this release,\ndemonstrates the potential to enhance the overall grade of the planned open-\npit at Gameta. These higher-grade zones could positively impact the upcoming\nFeasibility Study being advanced by Adyton and its JV partner EVIH.\n\nKEY HIGHLIGHTS\n* Final assays from the 2025 infill drill program highlight the presence of\nlocally high-grade zones at Gameta including the project's best intercept to\ndate of 12m @28.56 g/t Au returning 342 g-m.\n* Significant intercepts include:\nGMDH009 12m @ 28.56g/t Au from 146 m downhole\nGMDH008 13m @ 3.84g/t Au from 98 m downhole\nGMDH021 16m @ 2.2.07g/t Au from 51 m downhole\nGMDH010 6m @ 2.69g/t Au from 114 m downhole\nGMDH005 13m @ 1.88g/t Au from 49 m downhole\nGMDH013 13m @1.37g/t Au from 105 m downhole\nGMDH005 14m @1.05 g/t Au from 94 m downhole\n* Several holes also intersected near surface mineralization with solid grades\nincluding hole GMDH001 with 9m @ 1.08g/t Au and hole GMDH002 6m @ 1.22g/t Au\n(see Table 1 below).\n* These infill drill results have exceeded the Company's expectations and are\nexpected to support an updated MRE, with several intersections returning\ngrades above those reflected in the current model. The results may also\nsupport the conversion of a significant portion of the inferred resource to\nthe indicated category.\n\"I am very pleased with these results, which have exceeded our expectations\nand highlight the strength of the Gameta Project,\" said Tim Crossley, Adyton\nCEO. \"The project combines solid grades, near surface mineralisation, and\nfavourable logistics, including access for barge transport to support\nenvisioned development and concentrate shipment to end markets. We are now\nfocused on advancing Gameta alongside the Wapolu Project, accelerating toward\nfeasibility and permitting, with the goal of developing Gameta into a second\nproduction asset. Our vision for these projects is to unlock near-term cash\nflow through a disciplined Direct Ship concentrate strategy, while\nestablishing a scalable foundation for long-term growth and value creation\nacross the portfolio.\"\n\n\"We are encouraged by the assay results at Gameta and, together with Adyton,\nplan to advance the project through MRE finalisation, Feasibility Studies, and\npermitting. Subject to permitting timelines, we are targeting a potential\nstart of operations in the first half of 2028,\" said Gary Wang, EVIH CEO.\n\nTable 1: SIGNIFICANT INTERCEPTS, Gameta 2025 drilling (1)\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_001full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_001full.jpg\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_002full.jpg)\n\nFigure 1: Map view at Gameta showing 2025 drillhole locations against\nhistorical drilling and topography\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_002full.jpg\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_003full.jpg)\n\nFigure 2: Cross section looking northwest with significant drilling intercepts\nreported for GMDH009, GMDH010\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_003full.jpg\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_004full.jpg)\n\nFigure 3: Cross section looking northwest with significant drilling intercepts\nreported for GMDH004, GMDH006, GMDH001, GMDH005, GMDH008, GMDH013\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_004full.jpg\n\nTable 2 DRILL HOLE SUMMARY\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_005full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_005full.jpg\n\nCATALYSTS & OUTLOOK\n\n1) Fergusson Island Project (PNG):\nFocused on advancing the Wapolu and Gameta deposits toward potential\nproduction and cash flow. Current resources include:\n* Wapolu: 33,000 oz Au (Indicated) and 393,000 oz Au (Inferred)\n* Gameta: 173,000 oz Au (Indicated) and 340,000 oz Au (Inferred)\nKey Fergusson Island catalysts include:\n* Updated MRE at Gameta (second half 2026)\n* Permitting milestones (Q3 2026)\n* Construction and potential commencement of operations at Wapolu (second half\n2026)\n2) Feni Island Project (PNG):\nA 1.45-million-ounce gold alkalic gold-copper project located in the Bismarck\nIsland chain, with geological similarities to the Lihir Gold Mine.\n\nKey Feni Island catalysts include:\n* A high-resolution 5 km by 5 km induced polarization (IP) survey in Q2 2026,\ndesigned to support near-term resource development and broader project\ntargeting\n* A follow-up drill program to systematically test priority targets identified\nfrom the survey\nQUALITY ASSURANCE / QUALITY CONTROL\nSamples were analysed at the Sichuan Xiye Testing Technology Laboratory (SXTT)\nin China and QA/QC was verified using certified reference materials, blanks\nand duplicates that were blind to the lab.\n\nIn addition to this routine verification, 71 samples were selected among the\nhighest-grade intervals and were re-submitted for assaying to confirm results.\nAssays replicated well and give confidence to the results.\n\nQualified Person\nThe scientific and technical information contained in this press release has\nbeen prepared, reviewed, and approved by Dr Chris Bowden, PhD, GCMEE,\nFAusIMM(CP), FSEG, the Chief Operating Officer and Chief Geologist of Adyton,\nwho is a \"Qualified Person\" as defined by National Instrument 43‐101 ‐\nStandards of Disclosure for Mineral Projects.\n\nFor further information please contact:\nTim Crossley, Chief Executive Officer\nE‐mail: ir@adytonresources.com\nPhone: +61 7 3854 2389\nPhone: +1 778 549 6768\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this press release.\n\nABOUT ADYTON RESOURCES CORPORATION\n\nAdyton Resources Corporation is focused on advancing gold and copper projects\nin world-class mineral jurisdictions. The Company holds a portfolio of highly\nprospective assets in Papua New Guinea where it is actively working to expand\nits existing gold Inferred and Indicated Mineral Resources and build on recent\nhigh-grade gold and copper drill results at its 100% owned Feni Island\n‎project.\n\nAdyton's projects are located on the Pacific Ring of Fire, on accessible\nisland settings that host several globally significant deposits including the\nLihir gold mine and ‎Panguna copper-gold mine on Bougainville Island, both\nin close proximity to Feni, highlighting the district-scale potential of the\nCompany's land package.\n\nFeni Island Au-Cu project\nThe Feni Island Project currently has a mineral ‎resource prepared in\naccordance with NI 43-101 dated October 14, 2021, which has outlined an\ninitial inferred ‎mineral resource of 60.4 million tonnes at an average\ngrade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, ‎assuming a\ncut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled \"NI\n43-101 Technical Report on the Feni Gold-Copper Property, New Ireland\n‎Province, Papua New Guinea prepared for Adyton Resources by Mark Berry\n(MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas\n(MAIG), each an independent mining consultant ‎and \"qualified person\" as\ndefined in NI 43-101, available under Adyton's profile on SEDAR+ at\nwww.sedarplus.ca. Mineral resources are not mineral reserves and have not\ndemonstrated economic viability.\n\nFergusson Island Au project\nThe Fergusson Island Project currently has a mineral resource prepared in\naccordance with NI 43-101, which outlined an indicated mineral resource of 5.0\nmillion tonnes at an average grade of 1.28 g/t Au for contained gold of\n206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an\naverage grade of 0.99 g/t Au for contained gold of 733,000 ounces, both\ninferred and indicated resources used a 0.5g/t Au cut-off grade.\n\nSee the technical report dated October 14, 2021, entitled \"NI 43-101 Technical\nReport on the Fergusson Gold Property, Milne Bay ‎Province, Papua New\nGuinea\" prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear\n(MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent\nmining consultant ‎and \"qualified person\" as defined in NI 43-101, available\nunder the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources\nare not mineral reserves and have not demonstrated economic viability.\n\nSee the technical report dated January 7, 2026, entitled \"NI 43-101 Technical\nReport on Wapolu Gold Project\" prepared for Adyton Resources by Louis Cohalan\n(MAIG), an independent mining consultant ‎and \"qualified person\" as defined\nin NI 43-101, available under the Company's profile on SEDAR+ at\nwww.sedarplus.ca. Mineral resources are not mineral reserves and have not\ndemonstrated economic viability.\n\nFor more information about Adyton and its projects, visit\nwww.adytonresources.com.\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_006full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_006full.jpg\n\nForward-looking statements\n\nThis press release includes \"forward‐looking statements\", including\nforecasts, estimates, expectations, and objectives for future operations that\nare subject to several assumptions, risks, and uncertainties, many of which\nare beyond the control of Adyton. Forward‐looking statements and information\ncan generally be identified by the use of forward‐looking terminology such\nas \"may\", \"will\", \"should\", \"expect\", \"intend\", \"estimate\", \"anticipate\",\n\"believe\", \"continue\", \"plans\" or similar terminology. Forward-looking\nstatements in this news release include plans pertaining to the drill program,\nthe intention to prepare additional technical studies, the timing of the drill\nprogram, uses of the recent drone survey data, the timing of updating key\nfindings, the preparation of resource estimates, and the deeper exploration of\nhigh-grade gold and copper feeder systems. The forward‐looking information\ncontained herein is provided for the purpose of assisting readers in\nunderstanding management's current expectations and plans relating to the\nfuture. Readers are cautioned that such information may not be appropriate for\nother purposes.\n\nForward‐looking information are based on management of the parties'\nreasonable assumptions, estimates, expectations, analyses, and opinions, which\nare based on such management's experience and perception of trends, current\nconditions and expected developments, the receipt of any necessary permits,\nlicenses and regulatory approvals in connection with the future development of\nthe projects in a timely manner; the availability of financing on suitable\nterms for the development; construction and continued operation of the\nFergusson Island Project and the Feni Island Project; the ability to\neffectively complete the drilling program; and Adyton's ability to comply with\nall applicable regulations and laws, including environmental, health and\nsafety laws.\n\nInvestors are cautioned that forward-looking statements are not based on\nhistorical facts but instead reflect Adyton's management's expectations,\nestimates or projections concerning future results or events based on the\nopinions, assumptions and estimates of managements considered reasonable at\nthe date the statements are made. Although Adyton believes that the\nexpectations reflected in such forward-looking statements are reasonable, such\ninformation involves risks and uncertainties, and under reliance should not be\nplaced on such information, as unknown or unpredictable factors could have\nmaterial adverse effects on future results, performance or achievements\nexpressed or implied by Adyton. Among the key risk factors that could cause\nactual results to differ materially from those projected in the\nforward-looking statements are the following: impacts arising from the global\ndisruption, changes in general macroeconomic conditions; reliance on key\npersonnel; reliance on Zenex Drilling; changes in securities markets; changes\nin the price of gold or certain other commodities; change in national and\nlocal government, legislation, taxation, controls, regulations and political\nor economic developments; risks and hazards associated with the business of\nmineral exploration, development and mining (including environmental hazards,\nindustrial accidents, unusual or unexpected formations pressures, cave‐ins\nand flooding); discrepancies between actual and estimated metallurgical\nrecoveries; inability to obtain adequate insurance to cover risks and hazards;\nthe presence of laws and regulations that may impose restrictions on mining;\nemployee relations; relationships with and claims by local communities and\nindigenous populations; availability of and changes in the costs associated\nwith mining inputs and labour; the speculative nature of mineral exploration\nand development (including the risks of obtaining necessary licenses, permits\nand approvals from government authorities); and title to properties. Investors\nare cautioned that any such statements are not guarantees of future\nperformance and that actual results or developments may differ materially from\nthose projected in the forward‐looking statements. Such forward‐looking\ninformation represents management's best judgment based on information\ncurrently available. No forward‐looking statement can be guaranteed, and\nactual future results may vary materially. Readers are cautioned not to place\nundue reliance on forward-looking statements or information. Adyton Resources\nCorporation undertakes no obligation to update forward‐looking information\nexcept as required by applicable law.\n\n(1) Interval widths are \"apparent\" widths downhole, subject to true width\ndetermination.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/295948","article_body_html":"","raw_payload":{"data":{"id":"nNFC8wS63l","title":"Adyton Reports High-Grade Interval at Gameta Development Project of 28.5g/t Au over 12.0m Including 226g/t Au over 1.0m, Fergusson Island, PNG","author":"Newsfile Corp","ticker":"ADY","created":"2026-05-05T11:01:51.960Z","tickers":["ADY"],"exchange":"","article_body":"Brisbane, Australia--(Newsfile Corp. - May 5, 2026) - Adyton Resources\nCorporation (TSXV: ADY) (\"Adyton\" or the \"Company\") is pleased to report the\ndiscovery of a new high-grade gold zone within the existing resource, from its\n2025 infill drill program at the Gameta Gold development Project (50/50 JV),\nlocated on Fergusson Island in Papua New Guinea (PNG).\n\nThe 2025 program included 4201 meters of largely infill drilling for a total\nof 36 diamond core holes. Drilling focused on areas within the existing\ndeposit to better define and expand known mineralization. Prior to this\ndrilling, the Gameta Project's Mineral Resource Estimate (MRE) contained\napproximately 4.0 million tonnes (Mt) @ 1.33 g/t Au for 173 koz gold\n(indicated), and 10.5 Mt @ 1.01 g/t Au for 340 koz gold (inferred), within a\nconceptual open-pit shell.\n\nHole GMDH009 returned 28.56 g/t Au over 12.0m starting from 146m downhole.\nThis is the highest-grade intercept ever recorded by Adyton to date and\nhighlights the presence of high-grade zones within the broader deposit. This\nresult, along with other strong intercepts reported in this release,\ndemonstrates the potential to enhance the overall grade of the planned open-\npit at Gameta. These higher-grade zones could positively impact the upcoming\nFeasibility Study being advanced by Adyton and its JV partner EVIH.\n\nKEY HIGHLIGHTS\n* Final assays from the 2025 infill drill program highlight the presence of\nlocally high-grade zones at Gameta including the project's best intercept to\ndate of 12m @28.56 g/t Au returning 342 g-m.\n* Significant intercepts include:\nGMDH009 12m @ 28.56g/t Au from 146 m downhole\nGMDH008 13m @ 3.84g/t Au from 98 m downhole\nGMDH021 16m @ 2.2.07g/t Au from 51 m downhole\nGMDH010 6m @ 2.69g/t Au from 114 m downhole\nGMDH005 13m @ 1.88g/t Au from 49 m downhole\nGMDH013 13m @1.37g/t Au from 105 m downhole\nGMDH005 14m @1.05 g/t Au from 94 m downhole\n* Several holes also intersected near surface mineralization with solid grades\nincluding hole GMDH001 with 9m @ 1.08g/t Au and hole GMDH002 6m @ 1.22g/t Au\n(see Table 1 below).\n* These infill drill results have exceeded the Company's expectations and are\nexpected to support an updated MRE, with several intersections returning\ngrades above those reflected in the current model. The results may also\nsupport the conversion of a significant portion of the inferred resource to\nthe indicated category.\n\"I am very pleased with these results, which have exceeded our expectations\nand highlight the strength of the Gameta Project,\" said Tim Crossley, Adyton\nCEO. \"The project combines solid grades, near surface mineralisation, and\nfavourable logistics, including access for barge transport to support\nenvisioned development and concentrate shipment to end markets. We are now\nfocused on advancing Gameta alongside the Wapolu Project, accelerating toward\nfeasibility and permitting, with the goal of developing Gameta into a second\nproduction asset. Our vision for these projects is to unlock near-term cash\nflow through a disciplined Direct Ship concentrate strategy, while\nestablishing a scalable foundation for long-term growth and value creation\nacross the portfolio.\"\n\n\"We are encouraged by the assay results at Gameta and, together with Adyton,\nplan to advance the project through MRE finalisation, Feasibility Studies, and\npermitting. Subject to permitting timelines, we are targeting a potential\nstart of operations in the first half of 2028,\" said Gary Wang, EVIH CEO.\n\nTable 1: SIGNIFICANT INTERCEPTS, Gameta 2025 drilling (1)\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_001full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_001full.jpg\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_002full.jpg)\n\nFigure 1: Map view at Gameta showing 2025 drillhole locations against\nhistorical drilling and topography\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_002full.jpg\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_003full.jpg)\n\nFigure 2: Cross section looking northwest with significant drilling intercepts\nreported for GMDH009, GMDH010\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_003full.jpg\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_004full.jpg)\n\nFigure 3: Cross section looking northwest with significant drilling intercepts\nreported for GMDH004, GMDH006, GMDH001, GMDH005, GMDH008, GMDH013\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_004full.jpg\n\nTable 2 DRILL HOLE SUMMARY\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_005full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_005full.jpg\n\nCATALYSTS & OUTLOOK\n\n1) Fergusson Island Project (PNG):\nFocused on advancing the Wapolu and Gameta deposits toward potential\nproduction and cash flow. Current resources include:\n* Wapolu: 33,000 oz Au (Indicated) and 393,000 oz Au (Inferred)\n* Gameta: 173,000 oz Au (Indicated) and 340,000 oz Au (Inferred)\nKey Fergusson Island catalysts include:\n* Updated MRE at Gameta (second half 2026)\n* Permitting milestones (Q3 2026)\n* Construction and potential commencement of operations at Wapolu (second half\n2026)\n2) Feni Island Project (PNG):\nA 1.45-million-ounce gold alkalic gold-copper project located in the Bismarck\nIsland chain, with geological similarities to the Lihir Gold Mine.\n\nKey Feni Island catalysts include:\n* A high-resolution 5 km by 5 km induced polarization (IP) survey in Q2 2026,\ndesigned to support near-term resource development and broader project\ntargeting\n* A follow-up drill program to systematically test priority targets identified\nfrom the survey\nQUALITY ASSURANCE / QUALITY CONTROL\nSamples were analysed at the Sichuan Xiye Testing Technology Laboratory (SXTT)\nin China and QA/QC was verified using certified reference materials, blanks\nand duplicates that were blind to the lab.\n\nIn addition to this routine verification, 71 samples were selected among the\nhighest-grade intervals and were re-submitted for assaying to confirm results.\nAssays replicated well and give confidence to the results.\n\nQualified Person\nThe scientific and technical information contained in this press release has\nbeen prepared, reviewed, and approved by Dr Chris Bowden, PhD, GCMEE,\nFAusIMM(CP), FSEG, the Chief Operating Officer and Chief Geologist of Adyton,\nwho is a \"Qualified Person\" as defined by National Instrument 43‐101 ‐\nStandards of Disclosure for Mineral Projects.\n\nFor further information please contact:\nTim Crossley, Chief Executive Officer\nE‐mail: ir@adytonresources.com\nPhone: +61 7 3854 2389\nPhone: +1 778 549 6768\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this press release.\n\nABOUT ADYTON RESOURCES CORPORATION\n\nAdyton Resources Corporation is focused on advancing gold and copper projects\nin world-class mineral jurisdictions. The Company holds a portfolio of highly\nprospective assets in Papua New Guinea where it is actively working to expand\nits existing gold Inferred and Indicated Mineral Resources and build on recent\nhigh-grade gold and copper drill results at its 100% owned Feni Island\n‎project.\n\nAdyton's projects are located on the Pacific Ring of Fire, on accessible\nisland settings that host several globally significant deposits including the\nLihir gold mine and ‎Panguna copper-gold mine on Bougainville Island, both\nin close proximity to Feni, highlighting the district-scale potential of the\nCompany's land package.\n\nFeni Island Au-Cu project\nThe Feni Island Project currently has a mineral ‎resource prepared in\naccordance with NI 43-101 dated October 14, 2021, which has outlined an\ninitial inferred ‎mineral resource of 60.4 million tonnes at an average\ngrade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, ‎assuming a\ncut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled \"NI\n43-101 Technical Report on the Feni Gold-Copper Property, New Ireland\n‎Province, Papua New Guinea prepared for Adyton Resources by Mark Berry\n(MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas\n(MAIG), each an independent mining consultant ‎and \"qualified person\" as\ndefined in NI 43-101, available under Adyton's profile on SEDAR+ at\nwww.sedarplus.ca. Mineral resources are not mineral reserves and have not\ndemonstrated economic viability.\n\nFergusson Island Au project\nThe Fergusson Island Project currently has a mineral resource prepared in\naccordance with NI 43-101, which outlined an indicated mineral resource of 5.0\nmillion tonnes at an average grade of 1.28 g/t Au for contained gold of\n206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an\naverage grade of 0.99 g/t Au for contained gold of 733,000 ounces, both\ninferred and indicated resources used a 0.5g/t Au cut-off grade.\n\nSee the technical report dated October 14, 2021, entitled \"NI 43-101 Technical\nReport on the Fergusson Gold Property, Milne Bay ‎Province, Papua New\nGuinea\" prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear\n(MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent\nmining consultant ‎and \"qualified person\" as defined in NI 43-101, available\nunder the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources\nare not mineral reserves and have not demonstrated economic viability.\n\nSee the technical report dated January 7, 2026, entitled \"NI 43-101 Technical\nReport on Wapolu Gold Project\" prepared for Adyton Resources by Louis Cohalan\n(MAIG), an independent mining consultant ‎and \"qualified person\" as defined\nin NI 43-101, available under the Company's profile on SEDAR+ at\nwww.sedarplus.ca. Mineral resources are not mineral reserves and have not\ndemonstrated economic viability.\n\nFor more information about Adyton and its projects, visit\nwww.adytonresources.com.\n\n(https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_006full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_006full.jpg\n\nForward-looking statements\n\nThis press release includes \"forward‐looking statements\", including\nforecasts, estimates, expectations, and objectives for future operations that\nare subject to several assumptions, risks, and uncertainties, many of which\nare beyond the control of Adyton. Forward‐looking statements and information\ncan generally be identified by the use of forward‐looking terminology such\nas \"may\", \"will\", \"should\", \"expect\", \"intend\", \"estimate\", \"anticipate\",\n\"believe\", \"continue\", \"plans\" or similar terminology. Forward-looking\nstatements in this news release include plans pertaining to the drill program,\nthe intention to prepare additional technical studies, the timing of the drill\nprogram, uses of the recent drone survey data, the timing of updating key\nfindings, the preparation of resource estimates, and the deeper exploration of\nhigh-grade gold and copper feeder systems. The forward‐looking information\ncontained herein is provided for the purpose of assisting readers in\nunderstanding management's current expectations and plans relating to the\nfuture. Readers are cautioned that such information may not be appropriate for\nother purposes.\n\nForward‐looking information are based on management of the parties'\nreasonable assumptions, estimates, expectations, analyses, and opinions, which\nare based on such management's experience and perception of trends, current\nconditions and expected developments, the receipt of any necessary permits,\nlicenses and regulatory approvals in connection with the future development of\nthe projects in a timely manner; the availability of financing on suitable\nterms for the development; construction and continued operation of the\nFergusson Island Project and the Feni Island Project; the ability to\neffectively complete the drilling program; and Adyton's ability to comply with\nall applicable regulations and laws, including environmental, health and\nsafety laws.\n\nInvestors are cautioned that forward-looking statements are not based on\nhistorical facts but instead reflect Adyton's management's expectations,\nestimates or projections concerning future results or events based on the\nopinions, assumptions and estimates of managements considered reasonable at\nthe date the statements are made. Although Adyton believes that the\nexpectations reflected in such forward-looking statements are reasonable, such\ninformation involves risks and uncertainties, and under reliance should not be\nplaced on such information, as unknown or unpredictable factors could have\nmaterial adverse effects on future results, performance or achievements\nexpressed or implied by Adyton. Among the key risk factors that could cause\nactual results to differ materially from those projected in the\nforward-looking statements are the following: impacts arising from the global\ndisruption, changes in general macroeconomic conditions; reliance on key\npersonnel; reliance on Zenex Drilling; changes in securities markets; changes\nin the price of gold or certain other commodities; change in national and\nlocal government, legislation, taxation, controls, regulations and political\nor economic developments; risks and hazards associated with the business of\nmineral exploration, development and mining (including environmental hazards,\nindustrial accidents, unusual or unexpected formations pressures, cave‐ins\nand flooding); discrepancies between actual and estimated metallurgical\nrecoveries; inability to obtain adequate insurance to cover risks and hazards;\nthe presence of laws and regulations that may impose restrictions on mining;\nemployee relations; relationships with and claims by local communities and\nindigenous populations; availability of and changes in the costs associated\nwith mining inputs and labour; the speculative nature of mineral exploration\nand development (including the risks of obtaining necessary licenses, permits\nand approvals from government authorities); and title to properties. Investors\nare cautioned that any such statements are not guarantees of future\nperformance and that actual results or developments may differ materially from\nthose projected in the forward‐looking statements. Such forward‐looking\ninformation represents management's best judgment based on information\ncurrently available. No forward‐looking statement can be guaranteed, and\nactual future results may vary materially. Readers are cautioned not to place\nundue reliance on forward-looking statements or information. Adyton Resources\nCorporation undertakes no obligation to update forward‐looking information\nexcept as required by applicable law.\n\n(1) Interval widths are \"apparent\" widths downhole, subject to true width\ndetermination.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/295948"},"type":"article","timestamp":"2026-05-05T11:01:52.01551569Z","server_sent_at_ms":1777978912015},"received_at":"2026-05-05T11:01:52.168Z","source_url":"https://www.newsfilecorp.com/release/295948"},"analysis":{"id":"17454","press_release_id":"20791","analysis_json":{"industry":{"label":"Materials","sector":"Materials"},"redFlags":[],"eventType":"other","narrative":"Adyton Resources reported its highest-grade intercept to date at the Gameta project, with hole GMDH009 returning 28.56 g/t Au over 12.0m.\n\nThe 2025 infill drill program of 4,201 meters across 36 holes aims to upgrade the current resource of 173 koz indicated and 340 koz inferred gold.\n\nJV partner EVIH noted that pending permits, they target a potential start of operations in the first half of 2028.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Best-ever intercept highlights high-grade potential at Gameta."},"keyFigures":{"customDimensions":{"drill_holes":36,"drill_meters":4201,"best_intercept_grade":"28.56 g/t Au","best_intercept_width":"12.0m","inferred_resource_oz":340000,"indicated_resource_oz":173000,"inferred_resource_tonnage":"10.5 Mt","indicated_resource_tonnage":"4.0 million tonnes"}},"quotedText":"I am very pleased with these results, which have exceeded our expectations and highlight the strength of the Gameta Project","namedEntities":{"people":[{"name":"Tim Crossley","role":"CEO"},{"name":"Gary Wang","role":"CEO of EVIH"},{"name":"Dr Chris Bowden","role":"COO and Chief Geologist"}],"products":["Gameta Gold development Project","Wapolu Project","Feni Island Project"],"companies":[{"name":"Adyton Resources Corporation","ticker":"ADY"},{"name":"EVIH","relationship":"JV partner"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Discovery of a new high-grade zone with the company's best-ever intercept (28.56 g/t over 12m) supports an upgraded resource estimate and feasibility study."},"tickerRelevance":{"others":[],"primary":"ADY"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"exploration_results","sectorWeight":"low"}},"event_type":"other","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Adyton Resources reported its highest-grade intercept to date at the Gameta project, with hole GMDH009 returning 28.56 g/t Au over 12.0m.\n\nThe 2025 infill drill program of 4,201 meters across 36 holes aims to upgrade the current resource of 173 koz indicated and 340 koz inferred gold.\n\nJV partner EVIH noted that pending permits, they target a potential start of operations in the first half of 2028.","key_figures":{"customDimensions":{"drill_holes":36,"drill_meters":4201,"best_intercept_grade":"28.56 g/t Au","best_intercept_width":"12.0m","inferred_resource_oz":340000,"indicated_resource_oz":173000,"inferred_resource_tonnage":"10.5 Mt","indicated_resource_tonnage":"4.0 million tonnes"}},"named_entities":{"people":[{"name":"Tim Crossley","role":"CEO"},{"name":"Gary Wang","role":"CEO of EVIH"},{"name":"Dr Chris Bowden","role":"COO and Chief Geologist"}],"products":["Gameta Gold development Project","Wapolu Project","Feni Island Project"],"companies":[{"name":"Adyton Resources Corporation","ticker":"ADY"},{"name":"EVIH","relationship":"JV partner"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:6c7fa2f5e3b62e83","schema_hash":"sha256:ee8f711bc9bfba0d","created_at":"2026-05-06T18:15:14.336Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"exploration_results","sectorWeight":"low"}},"durationMs":null,"modelName":"glm-4.7"}}