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CONQUEST RESOURCES PROVIDES EXPLORATION UPDATE AT THE VALIMAKI GOLD PROJECT, FINLAND

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CONQUEST RESOURCES PROVIDES EXPLORATION UPDATE AT THE VALIMAKI GOLD PROJECT, FINLAND

Executive Summary

Conquest Resources Limited has successfully completed its spring 2026 exploration program at the Valimaki Gold Project in southwestern Finland, marking a significant step forward in advancing this district-scale gold exploration property. The comprehensive field program encompassed high-resolution UAV magnetic surveys, geological mapping, legacy drill core review, glacial till sampling, and prospecting activities designed to refine priority exploration targets for future drilling.

The technical program yielded substantial data across multiple exploration disciplines. The UAV magnetic survey covered approximately 88 km² in two blocks, with 956 line-kilometers flown at 100-meter line spacing and preliminary processing revealing multiple derivative magnetic products. The till sampling program collected 795 field samples plus quality control samples totaling 853 samples across regional and priority target areas, while prospecting activities returned 128 rock samples for analysis. Legacy drill core review documented multiple styles of quartz-sulphide veining with notable high-grade intercepts, including a reported 13.9 g/t Au over 1 meter interval.

The integration of these datasets has identified favourable structural settings including northeast-trending shear corridors, magnetic contrasts, fold closures, and possible fold-shear intersections. These structural features align with historic gold-rich boulder trains and existing till anomalies, suggesting a broad, structurally controlled mineralized system. The presence of multiple quartz-sulphide vein styles, including massive pyrrhotite-arsenopyrite-chalcopyrite veins and sheeted quartz veining, indicates significant exploration potential within the Svecofennian geological domain.

For the broader gold exploration sector, this program demonstrates the value of systematic, multi-disciplinary approaches in advancing early-stage projects. The Valimaki project's location between two major regional shear zones and its orogenic-style gold mineralization characteristics position it as a compelling target within Finland's established gold mining jurisdiction. The completion of this foundational work sets the stage for drill target generation and permitting activities, potentially advancing Conquest Resources toward its first drilling campaign at the property.
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