Inflection Resources Granted Strategic Copper-Gold Exploration License Adjacent to Trangie Project in New South Wales, Australia
(TheNewswire)
Vancouver, British Columbia - TheNewswire - November 24, 2025 : Inflection Resources Ltd. (CSE: AUCU / OTCQB:AUCUF / FSE: 5VJ) (the "Company" or"Inflection") is pleased to announcethat its Australian subsidiary has been awarded an additionalexploration license in New South Wales. The newly acquired,100%-owned Dandaloo project adjoins the Company’s Trangie projectand is not included as part of the AngloGold Ashanti Agreement.
Summary Highlights:
Inflection has acquired a strategic exploration licenseit considers prospective for copper-gold porphyry-style mineralizationlocated directly southeast and east of its flagship Trangie Project inNew South Wales, Australia;
The Dandaloo project area was previously explored by anAustralian subsidiary of Goldfields Limited (“Goldfields”) in thelate 1990s where shallow scout drilling reportedly identifiedoccurrences of copper mineralization in the form of bornite andchalcopyrite associated with a prominentaeromagnetic feature. The initial drilling wasapparently not followed up; and,
The new exploration license consolidates and expandsInflection's footprint in the highly prospective northernextension of the Macquarie Arc, Australia's premier porphyrycopper-gold province.
Alistair Waddell, Inflection’s President and CEO,states: “ The granting of this exploration licenserepresents a significant opportunity to expand our copper-goldfootprint around our Trangie Project. The historical descriptions ofbornite and chalcopyrite within an essentially untested magneticfeature are exactly the type of targets we seek in the coveredextension of the Macquarie Arc. Given our recent success at Trangiein the discovery of porphyry-style mineralization, we are perfectlypositioned to unlock the potential of these historical drill holes. The fact that these compelling intercepts were never followed uppresents an excellent exploration opportunity adjacent to our flagshipTrangie Project.”
Dandaloo Project:
Inflection applied for and was awarded the Dandalooexploration license it considers highly prospective for copper andgold, located immediately southeast and east of the Trangie Project inNew South Wales (Figure 1). The newly acquired ground contains acompelling aeromagnetic high (Figure 2) with historical references ofbornite and chalcopyrite mineralization associated withmagnetite-bearing quartz veins in two air-core drill holes, which areindicators of potential porphyry copper-gold typemineralization.
Review of historical data reveals that Goldfieldsconducted scout drilling in 1997, testing a prominent magnetic highevident in regional aeromagnetic data. Two of these historical holes(TACD010 and TACD020) reportedly intercepted visible bornite andchalcopyrite mineralization – high-temperature copper sulfides oftenassociated with porphyry copper systems. Significantly, thispromising mineralization located at depths between 80 and 170m wasnever followed up with additional drilling due to surface agriculturalactivities at the time and an apparent shift in exploration focus,leaving the target untested for 28 years.
The magnetic signature at Dandaloo has somesimilarities to the zone of magnetite enrichment at Trangie, whereInflection's drilling is defining a gold-copper porphyrysystem.
Figure 1: Location map showingDandaloo Project relative to the Trangie and other Inflectionexploration licenses and the projects included as part of Phase II ofthe AngloGold Ashanti Agreement.
Next Steps:
The Company has commenced land access discussions andpermitting for a program of air core drilling. This program willinvolve the completion of an initial 6 to 10 drill holes to test theupper part of the basement sequence. This is a cost-effective andefficient drilling technique to collect lithological and geochemicaldata from the top of the prospective basement will provide valuablevectors for potential deeper drill holes. Inflection will draw uponits technical expertise of the geochemical and alteration footprintsof other Ordovician alkalic porphyry copper deposits in New SouthWales to analyse the data collected in this program.
Figure 2: Aeromagnetic map (RTP 1VD)showing location of the historical Goldfields drilling and allInflection drill holes.
About Inflection’s New South WalesProjects:
The Company is systematically exploring for large copper-gold and gold deposits in the northern interpretedextension of the Macquarie Arc, part of the Lachlan Fold Belt in NewSouth Wales . TheMacquarie Arc is Australia’s premier porphyry copper-gold provincethat hosts Newmont Corporation’s Cadia deposits, EvolutionMining’s Northparkes and Cowal deposits plus numerous explorationprospects including Boda, a discovery made by Alkane Resources. TheCompany has an ongoing exploration partnership with AngloGold Ashantiwhich covers four projects in northern New South Wales.
Qualified Person and Sampling QualityControl:
The scientific and technical information contained inthis news release has been reviewed and approved by Mr. Carl Swensson(FAusIMM), a “Qualified Person” (“QP”) as defined in NationalInstrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Swensson is not independent by reason he is a director of theCompany’s subsidiary and a shareholder of the Company. Thehistorical data referenced in the release has not been verified by theCompany, is not NI-43-101 compliant and cannot be relied upon.
The historical exploration data collected by Goldfieldsreferenced in this news release can be found on the online database, MinView ,compiled by the Geological Survey of New South Wales.
About Inflection ResourcesLtd. Inflection is a copper-gold focusedmineral exploration company listed on the Canadian Securities Exchangeunder the symbol “AUCU”, on the OTCQB under the symbol “AUCUF”and on the Frankfurt Stock Exchange under the symbol “5FJ”, withprojects in New South Wales and the Northern Territory, Australia. For more information, please visit the Company website at www.inflectionresources.com .
NewQuest Capital Group. Inflection is part of the NewQuest Capital Group which isan entrepreneurial, discovery-driven investment group that buildsvalue through the incubation and financing of early-stage mineralexploration projects globally. Further information about NewQuestcan be found at www.nqcapitalgroup.com .
On behalf of the Board ofDirectors
Alistair Waddell
President and CEO
For further information, pleasecontact:
Brennan Zerb
VP Investor Relations
+1 (778) 867-5016
Forward-Looking Statements: This news release includes certainforward-looking statements and forward-looking information(collectively, "forward-looking statements") within themeaning of applicable Canadian securities legislation. All statements,other than statements of historical fact, included herein including,without limitation, statements regarding future explorationexpenditures, amount of drilling, commencement and cost of explorationprograms in respect of the Company's projects and mineralproperties and timing thereof, and the anticipated business plans andtiming of future activities of the Company, are forward-lookingstatements. Although the Company believes that such statements arereasonable, it can give no assurance that such expectations will proveto be correct. Often, but not always, forward looking information canbe identified by words such as "pro forma","plans", "expects", "may","should", "budget", "scheduled","estimates", "forecasts", "intends","anticipates", "believes", "potential"or variations of such words including negative variations thereof, andphrases that refer to certain actions, events or results that may,could, would, might or will occur or be taken or achieved.Forward-looking statements involve known and unknown risks,uncertainties and other factors which may cause the actual results,performance or achievements of the Company to differ materially fromany future results, performance or achievements expressed or impliedby the forward-looking statements. Such risks and other factors include, among others, statements as to theanticipated business plans and timing of future activities of theCompany, including the Company's exploration plans. the proposedexpenditures for exploration work thereon, the ability of the Companyto obtain sufficient financing to fund its business activities andplans, delays in obtaining governmental and regulatory approvals(including of the Canadian Securities Exchange), permits or financing,changes in laws, regulations and policies affecting mining operations,the Company's limited operating history, currency fluctuations,title disputes or claims, environmental issues and liabilities, aswell as those factors discussed under the heading "RiskFactors" in the Company's prospectus dated June 12, 2020 andother filings of the Company with the Canadian Securities Authorities,copies of which can be found under the Company's profile on theSEDAR+ website at www.sedarplus.ca . Readers are cautioned not to placeundue reliance on forward-looking statements. The Company undertakesno obligation to update any of the forward-looking statements, exceptas otherwise required by law.
Copyright (c) 2025 TheNewswire - All rights reserved.
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