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Argyle's INRS Partner Initiates Geological Mapping and Sampling of Key Outcrop Silica Structures; Contributes to Quebec's Battery Supply Ecosystem

Exploration Programs

Argyle's INRS Partner Initiates Geological

Mapping and Sampling of Key Outcrop Silica

Structures; Contributes to Quebec's Battery

Supply Ecosystem

Calgary, Alberta--(Newsfile Corp. - September 12, 2024) - Argyle Resources Corp. (CSE: ARGL)

(OTCQB: ARLYF) (FSE: ME0) ("

Argyle

" or the "

Company

") is excited to announce that our Quebec

partner, the Institut National de la Recherche Scientifique ("

INRS

"), has initiated detailed geological

mapping and sampling of outcrop silica structures at the Company's Matapedia Silica project. These

structures (detailed in figure 1-3) were first visually identified during INRS' reconnaissance trip in July at

our fully-owned Matapedia Silica project in St. Moise, Quebec. This pivotal work is a key milestone in our

ongoing collaboration with INRS.

Quebec Strategically located Silica District

In July, the INRS conducted a reconnaissance trip to our Matapedia property and identified several

crucial outcrop silica structures. These findings are essential for understanding the regional geology of

our 912-hectare silica district in St. Moise, Quebec. The ongoing geological mapping and sampling of

these outcrops are expected to provide comprehensive insights integral to advancing Argyle's recently

announced pilot plant program, detailed in our August 30, 2024 press release

Pilot Plant

The pilot plant will feature a fully mobile, trailer-mounted series of crushing, grinding, and sorting

equipment. This advanced setup facilitates easy assembly, disassembly, and transportation, making it

well-suited to our exploration and processing needs. The equipment is designed to process grab

samples and, eventually, bulk samples from identified quartzite silica outcrops across our three wholly-

owned exploration properties in Quebec.

Real time data

In order to allow the INRS team to perform preliminary assessments of silica quality, Argyle has acquired

a cutting-edge X-ray fluorescence ("

XRF

") analyzer, a crucial tool for analyzing silica outcrop samples.

This portable XRF gun emits X-rays that interact with the atoms in the silica samples. The interaction

causes the atoms to emit secondary, or fluorescent, X-rays that are characteristic of their elemental

composition. The gun's detector measures these emitted X-rays, and each element in the sample emits

X-rays at distinct energy levels, which are then quantified.

The XRF gun's software processes these X-ray energies and intensities to determine the sample's

elemental composition. It produces a real-time spectrum displaying the presence and concentration of

elements such as silicon, aluminum, iron, and other common elements in silica outcrops. The results are

instantly shown on the XRF gun's screen and can also be downloaded for further analysis.

A Gamma Radiation Spectrometer ("

GRS

".) will be used for the field measurement of potassium ("

K

")

which is one of the main contaminants in Appalachian quartzites.

In addition to this element, the

spectrometer measures thorium ("

Th

") and uranium ("

U

"). Furthermore, in order to quantify the

reflectance properties of the quartzites (whiteness), a high-precision portable colorimeter will be used on

the outcrops.

Figures 1-2: Massive high silica Val-Brillant Formation outcrop from the Matapedia property

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/10451/223070_4c10476ed4f9bbac_001full.jpg

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/10451/223070_4c10476ed4f9bbac_002full.jpg

"The INRS commencing their strategic geological mapping and sampling is a clear indicator of the

strength and effectiveness of our partnership," said Jeff Stevens, CEO of Argyle. "This collaborative

effort not only enhances our geological insights but also aligns with Quebec's broader goals of

strengthening its battery supply chain, which is vital for the province's clean energy and technology

initiatives." Mr. Stevens continued further, "We anticipate that the results from this exploration will be

pivotal in enabling us to better understand the Matapedia Silica project, with the goal of identifying high-

quality silica, crucial for battery production and other advanced technologies. Argyle is committed to fully

supporting INRS in this endeavor and to contributing to the development of Quebec's strategic resource

base.

ON BEHALF OF THE BOARD OF DIRECTORS

'Jeffrey Stevens'

President & CEO

Marc Richer-Lafleche P.GEO., a consultant to the Company and a Qualified Person, as such term is

defined by National Instrument 43-101 -

Standards of Disclosure for Mineral Projects

, has reviewed and

approved the scientific and technical information reported in this news release.

About Argyle Resources Corp.

Argyle Resources Corp. is a junior mineral exploration company engaged in the business of acquiring,

exploring, staking and evaluating natural resource properties in North America. The Company currently

holds an option to acquire up to 100% of the Frenchvale Graphite Property located in Nova Scotia,

Canada and owns 100% interest in the Pilgrim Islands, Matapedia and Lac Comporte quartzite silica

projects in Quebec, Canada.

Argyle is engaged in a research partnership with the National Institute of

Scientific Research (INRS), a high-level research and training institute funded by the Quebec

government to conduct exploration programs on the Company's silica projects. The Company was

incorporated in 2023 and its head office is located in Calgary, Alberta, Canada.

For all other inquiries:

Email:

[email protected]

Phone:

(825) 724-0033

Website

:

www.argyleresourcescorp.com

Forward-Looking Statements

This news release contains forward-looking statements and other statements that are not historical

facts. Forward-Looking statements are often identified by terms such as "will", "may", "should",

"anticipate", "expects" and similar expressions. All statements other than statements of historical fact,

included in this news release are forward-looking statements that involve risks and uncertainties. Such

statements in this news release include, but are not limited to, the statements with respect to the the

ongoing execution of an exploration campaign in collaboration with INRS; the insights and

advancements with respect to the pilot plant program; strengthening the battery supply chain; and the

potential to identify high-quality silica

. There can be no assurance that such statements will prove to

be accurate and actual results and future events could di fer materially from those anticipated in such

statements. Important factors that could cause actual results to vary from forward-looking statements

or may affect the operations, performance, development and results of the Company's business

include, among other things that mineral exploration is inherently uncertain and may be unsuccessful

in achieving the desired results; that mineral exploration plans may change and be re-defined based

on a number of factors, many of which are outside of the Company's control; the Company's ability to

access sources of debt and equity capital; competitive factors, pricing pressures and supply and

demand in the Company's industry. Such information, although considered reasonable by

management at the time of preparation, may prove to be incorrect and actual results may di fer

materially from those anticipated. Forward-Looking statements contained in this news release are

expressly qualified by this cautionary statement. The forward-looking statements contained in this

news release are made as of the date of this news release and the Company will update or revise

publicly any of the included forward-looking statements as expressly required by applicable law. The

Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the

adequacy or the accuracy of the contents of this release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/223070