FIN Resources Validates High-Grade Gold at Cabin Lake Project

Validation Success Drives Confidence in Gold System

The 2025 due diligence program has exceeded expectations, with key historical drill holes delivering upgraded results that demonstrate the reliability and strength of the Cabin Lake gold system. The standout achievement comes from hole CL-20-08, which returned 31.4 metres @ 15.2 g/t Au from 17.49 metres, representing a meaningful upgrade from the historical result of 31.4 metres @ 13.8 g/t Au.

Similarly impressive results emerged from CL-20-03, which delivered 13.6 metres @ 7.3 g/t Au from 41.19 metres, compared to the historical 13.6 metres @ 7.0 g/t Au. These enhanced grades across substantial widths reinforce the continuity and scale of the mineralised system. Furthermore, such consistent improvements suggest the systematic approach employed by FIN Resources is delivering tangible value to shareholders.

Unlocking Additional Value from Existing Core

Beyond validation of historical results, FIN’s systematic approach has identified broader and more continuous mineralisation than previously recognised. The targeted sampling of previously unsampled core from hole CL-21-21 at Andrew South returned 5.12 metres @ 3.71 g/t Au from 71.30 metres, demonstrating gold mineralisation across intervals that had not been fully explored.

This discovery highlights a critical opportunity: significant upside potential exists within the existing 14,000+ metres of historical drill core, representing low-cost exploration opportunities that could materially expand the known mineralised footprint. In addition, companies pursuing similar low-cost exploration strategies have often delivered exceptional returns to investors.

The 2022 drilling campaign yielded additional encouraging results:

• • CL-22-41: 2.13m @ 1.02 g/t Au from 100.67m, including 1.30m @ 1.40 g/t Au

• • CL-22-45: Multiple anomalous intervals indicating potential strike extensions

Understanding the Bugow Iron Formation

What is the Bugow Iron Formation (BIF)?

The Bugow Iron Formation is a laterally continuous stratigraphic unit within the Archean Slave Craton that hosts gold mineralisation at Cabin Lake. This geological formation is significant because it represents the same gold-bearing stratigraphy as the 3.3 million ounce Lupin Gold Mine, which produced at grades exceeding 10 g/t Au.

Why it matters to investors:

• • Proven host rock: The BIF has a demonstrated track record of hosting substantial gold deposits

• • Mappable target: The formation exhibits a strong magnetic signature, making it easily traceable for exploration

• • Scale potential: The BIF extends across 15 kilometres of strike length at Cabin Lake, suggesting significant exploration upside

The Bugow Iron Formation is a geological unit that forms when iron-rich sediments accumulate in ancient ocean basins over millions of years. These formations often contain sulphide minerals such as pyrite and pyrrhotite, which can be associated with gold mineralisation. At Cabin Lake, gold occurs within these sulphidised zones of the BIF, creating clearly defined targets for exploration teams to follow. Consequently, understanding iron formation geology becomes crucial for evaluating the project’s potential.

Strategic Advantage Through Integrated Targeting

FIN’s technical approach demonstrates sophisticated geological understanding that extends beyond simple drilling programmes. The company has successfully integrated petrographic analysis, magnetic data, and induced polarisation (IP) surveys to create a comprehensive targeting framework.

The magnetic data confirms that the gold-bearing BIF can be confidently traced along strike, providing a clear geological framework for regional targeting. Meanwhile, IP surveys identify sulphide-rich zones of elevated chargeability that correlate with gold mineralisation, creating high-confidence drill targets. Moreover, this integrated geophysical approach has become increasingly important in modern mineral exploration.

This integrated approach has identified eight high-priority, fully permitted drill targets along the 15-kilometre mineralised corridor, positioning FIN for an efficient and systematic exploration campaign.

Upcoming Catalysts and Strategic Timeline

FIN is advancing rapidly toward its maiden drilling programme scheduled for early March 2026, representing approximately 1,500 metres of diamond drilling. The programme will benefit from:

Immediate Near-Term Catalysts:

1. 1. March 2026: Commencement of maiden drilling programme

1. 1. Q2 2026: Initial drilling results from high-priority targets

1. 1. Ongoing: Additional sampling of remaining 2022 unsampled core

1. 1. 2026: Continued geophysical integration and target refinement

Strategic Positioning:

• • Tier-1 jurisdiction: Located in Canada’s Northwest Territories with proven infrastructure

• • Community support: Existing access agreement with Tłı̨chǫ Government

• • Proven geology: Similar stratigraphy to the high-grade Lupin Gold Mine

• • Immediate potential: Eight permitted drill targets ready for testing

For instance, companies operating in Canadian mining jurisdictions benefit from established regulatory frameworks and infrastructure advantages.

Director Quote – Jason Bontempo:
“The 2025 due diligence results are highly encouraging and reinforce the strength of the Cabin Lake gold system. Just as significant, targeted sampling of previously unsampled core has demonstrated broader and more continuous mineralisation than historical selective sampling suggested, particularly at Andrew South.”

Investment Thesis: Value Creation Through Disciplined Geology

FIN Resources represents a compelling value creation story centred on disciplined geological methodology rather than capital-intensive exploration. The company’s approach of extracting maximum value from existing datasets before deploying drilling capital demonstrates sophisticated technical management and efficient capital allocation. However, investors should also consider geological risk factors when evaluating exploration opportunities.

Key Investment Drivers:

1. Immediate Upside Potential

• • 477 gram-metres (31.4m @ 15.2 g/t Au) of high-grade mineralisation confirmed near surface

• • Extensive historical core offering low-cost exploration opportunities

• • Eight permitted drill targets providing multiple discovery scenarios

2. Proven Geological Framework

• • 3.3 million ounce Lupin Mine analogue providing geological validation

• • 15-kilometre strike length of prospective BIF offering scale potential

• • Integrated geophysical targeting supporting high-confidence drill site selection

3. Strategic Positioning

• • Tier-1 Canadian jurisdiction with established mining infrastructure

• • Strong First Nations partnerships supporting efficient operations

• • Experienced management team with proven technical track record

Furthermore, the FIN Resources Cabin Lake Gold Project demonstrates how historical drill core resampling can unlock significant value for exploration companies without substantial capital expenditure.

Why Should Investors Follow FIN Resources?

FIN Resources has positioned itself as a disciplined, geology-focused gold explorer with immediate access to high-grade targets and systematic exploration potential. The company’s validation of historical results, combined with the discovery of additional mineralisation in previously unsampled core, demonstrates both technical competence and genuine discovery potential.

The upcoming 1,500-metre drilling programme represents a significant catalyst for potential resource definition, while the extensive historical database provides multiple avenues for continued value creation. With eight permitted targets, strong community relationships, and a proven geological framework, FIN is well-positioned for sustained exploration success. Additionally, investors seeking exposure to gold exploration companies may find FIN’s methodical approach particularly attractive.

Key Takeaway:
FIN Resources has demonstrated the ability to enhance confidence in the Cabin Lake gold system through systematic resampling whilst identifying new mineralisation in existing core. With a maiden drilling programme approaching and multiple high-priority targets ready for testing, the company offers investors exposure to near-term discovery potential in a proven geological setting.

Want to Learn More About FIN Resources’ Gold Discovery Potential?

With validated high-grade results of 31.4 metres @ 15.2 g/t Au and a maiden drilling programme launching in March 2026, FIN Resources offers compelling exposure to systematic gold exploration in Canada’s proven Slave Craton. The company’s disciplined approach to the 15-kilometre Cabin Lake project, combined with eight permitted drill targets and extensive upside potential from existing core, positions investors for multiple discovery scenarios in a tier-1 mining jurisdiction. Discover more about FIN Resources’ strategic approach and upcoming catalysts to evaluate this emerging gold exploration opportunity.