Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Route 109 Resources Inc. (TSXV: RTE) (OTCQB: MRIRF) (FSE: 8M0) ("Route109" or the "Company") is pleased to announce the intersection of 5.05 m of semi-massive to disseminated sulfides returning 1.03% Cu, 1.28 g/t Au, 4947 ppm Mo and 6.58 g/t Ag from 55.10 to 60.15 m in drill hole BD-25-37 located on its Dunlop Bay West showing (Figure 1), in Quebec, Canada. These intersections confirm the strong potential for the property to have a copper-gold-molybdenum-silver mineralized system which is atypical for the Matagami Camp.
These results are from the Company's 2025 winter drilling program on Dunlop Bay (see press release on winter 2025 drill program). The program focused on the northern part of the property and aimed to test various geophysical anomalies identified from historical mineralized drillhole intersections. Figure 1 below shows the location of targeted showings and drillhole collars.
Figure 1: 2025 Dunlop Bay property drilling program planned collars.
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At Dunlop Bay West: Twelve short drill holes ranging between 75 and 270 m were drilled for a total of 1,671 m. Three of the most significant results are presented below:
- BD-25-37 returned 5.05 m at 1.03% Cu, 1.28 g/t Au, 4,947 ppm Mo and 6.58 g/t Ag from 55.10 to 60.15 m followed by 2.75 m at 0.57% Cu, 0.96 g/t Au, 671 ppm Mo and 5.66 g/t Ag from 66.15 to 68.90 m.
- BD-25-38 returned 2.15 m at 1.92% Cu, 1.36 g/t Au, 551 ppm Mo and 11.58 g/t Ag.
- BD-25-39 returned 6.00 m at 0.41% Cu, 0.41 g/t Au, 137 ppm Mo and 5.55 g/t Ag.
Table 1 below summarizes the results of each drill holes made on the Dunlop Bay West showing.
Table 1: Drillholes results from Dunlop Bay West Zone.
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At Dunlop Bay North: Five holes were drilled into a new VMS discovery which will be designated as the "Clairet" Zone, a Pb-Zn-Ag mineralized zone. Two further holes were drilled at Dunlop Bay North eastern area for a total of 842 m. Best results a presented below:
- BD-25-27 returned 5.55 m at 1.83% Zn, 0.27% Pb, 2.69 g/t Ag.
- BD-25-28 returned 1.85 m at 2.29% Zn, 0.57 % Pb, 2.87 g/t Ag.
Table 2 below summarizes the assay results from Dunlop Bay North.
Robert Pryde, CEO of the company said: "The Dunlop Bay property continues to show significant potential for polymetallic mineralization. The 2025 exploration program results confirm the presence of a Cu-Au-Mo-Ag+/-Zn mineralized system. Our technical team is now confident of the presence of an atypical type of mineralized system within the immediate Matagami region. We are excited by the potential of the property and have engaged Laurentia Exploration to interpret these results in the context of the broader geological setting. I look forward to reporting back on their work. We plan to release the remainder of the 2025 exploration program results in the next few weeks."
Laurentia Exploration of Saguenay, Quebec, was responsible for the drilling program, core logging and sample selection for geochemical sampling and assay.
Table 2: Drillholes results from Dunlop Bay North Zone.
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Qualified Person
Maxime Bouchard, Geo, M.Sc. (OGQ #1752), an independent Qualified Person as defined by Canadian NI 43-101 standards, has reviewed, and approved the geological information reported in this news release. The exploration and soil program were planned and supervised by Maxime Bouchard. The Qualified Person has not completed sufficient work to verify the historical information on the Property, particularly regarding historical drill results. However, the Qualified Person believes that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.
About Route 109 Resources Inc.
Route 109 Resources Inc. is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdiction of Quebec, Canada. Route109 is currently fully focused on its 100% interest in the two projects, both located in the prolific Abitibi greenstone belt:
- King Tut Project consists of 120 contiguous claims on 5,206 hectares
- Dunlop Bay Project consists of 76 mineral claims that cover 4,226 hectares
Route109 common shares trade under the symbol "RTE" on the TSX-V and under the symbol 8M0 on the Frankfurt Exchange.
For further information please contact:
Route 109 Resources Inc.
Robert Pryde, President
Tel: +1 (403) 478 6042
Email: robert@route109resources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This news release contains "forward-looking statements" and "forward-looking information" (as defined under applicable securities laws), based on management's best estimates, assumptions, and current expectations. Such statements include but are not limited to, statements with respect to the plans for future exploration and development of the King Tut and Dunlop Bay properties and the acquisition of additional exploration projects. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" , "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the King Tut and Dunlop Bay projects; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; increases in market prices of mining consumables, possible variations in resource estimates, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in areas in which the Company operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements and forward-looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any forward-looking statements or forward-looking information contained herein to reflect future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking statements and information. Please refer to the Company's most recent filings under its profile at www.sedarplus.ca for further information respecting the risks affecting the Company and its business.
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SOURCE: Route 109 Resources Inc.
