NovaRed Mining expands Wilmac project with option to acquire 70% interest in adjacent Trojan-Condor Corridor claims.

NovaRed Mining has secured an option to acquire a 70% interest in five additional mineral tenures totaling 4,573.82 hectares adjacent to its Wilmac Copper-Gold Project, expanding the project to over 16,000 hectares. The Trojan-Condor Corridor claims show promising geological features similar to the nearby Copper Mountain Mine, including strong magnetic anomalies and porphyry copper-gold mineralization signatures. NovaRed plans to integrate historical data with new 2026 geophysical surveys to identify key drill targets and advance exploration. The acquisition requires staged payments, share issuance, and significant exploration expenditures, with ongoing royalty obligations to the optionor.