Zodiac Gold Announces Initial Trenching Results at the Ben Ben Target and Grant of Stock Options to Directors and Officers
Zodiac Gold Announces Initial Trenching
Results at the Ben Ben Target and Grant of
Stock Options to Directors and Officers
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2026) - Zodiac Gold Inc. (TSXV: ZAU) (FSE:
K19) ("Zodiac Gold" or the "Company"), a West African gold exploration company, is pleased to report
new trenching results from the Ben Ben target at its flagship Todi Gold Project in Liberia. The Ben Ben
target forms part of a 16-kilometre gold-in-soil anomaly along the Todi Shear Zone and is one of five
priority targets being advanced within the project area.
Zodiac Gold completed 345.8 metres ("m") of trenching at the Ben Ben target in 2025, including a
standout result of 30m at 1.24 g/t Au (including 1m at 25.1 g/t Au and 1m at 6.61 g/t Au), and
commenced a 3,600m trenching program along the Ben Ben to Youth Camp trend in February 2026.
Results from the recently completed BBT005 returned an intercept of 32m at 0.56 g/t Au (including 14m
at 1.08 g/t Au with a higher-grade interval of 1m at 9.4 g/t Au).
Additional intersections in trenches BBT002, BBT003 and BBT005 include broad zones of lower-grade
mineralization ranging from 0.21 to 0.31 g/t gold over widths of 13 to 36 metres, defining a coherent
mineralized zone which can be traced for a distance of 225m between trenches and for a total of 500m
along the soil anomaly to the artisanal mining pit to the southeast (Map 1). Zodiac Gold has commenced
drilling to test the zone beneath BBT002 as part of Zodiac Gold's on-going drilling program at the Ben
Ben target. Current and planned drill hole locations are shown on Map 1.
Map 1: Trench results at the Ben Ben target
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7932/289146_d26bcda91408ca50_001full.jpg
Trench collar data is shown in Table 1 and significant intersections are shown in Table 2.
Table 1: 2025-2026 trench collar data at the Ben Ben target
Trench ID
Easting
(UTM WGS84, 29N)
Northing
(UTM WGS84, 29N)
Elevation
(m)
Azimuth
(degrees)
Dip
(degrees)
Length
(m)
BBT001
325511
721959
44
34
0
116.3
BBT002
325726
722008
64
31
0
141.4
BBT003
325833
721979
66
41
0
50.3
BBT004
326074
722276
58
52
0
37.8
BBT005
325886
721838
64
31
0
170
Table 2: Significant trench intersections at Ben Ben
Trench ID
From (m)
To (m)
Interval (m)
Au g/t
BBT001
2.00
27.00
25.00
0.31
Including
22.00
23.00
1.00
3.91
BBT001
52.00
56.00
4.00
0.13
BBT001
59.00
72.00
13.00
0.14
BBT001
76.00
79.00
3.00
0.12
BBT002
0.00
36.00
36.00
0.28
Including
28.00
30.00
2.00
0.81
BBT002
50.00
80.00
30.00
1.24
Including
66.00
73.00
7.00
4.75
Including
66.00
68.00
1.00
6.61
Including
72.00
73.00
1.00
25.1
BBT002
90.00
94.00
4.00
0.13
BBT003
0.00
19.00
19.00
0.21
BBT003
27.00
29.00
2.00
0.19
BBT003
33.00
42.00
9.00
0.15
BBT004
0.00
4.00
4.00
0.21
BBT005
91.00
123.00
32.00
0.56
Including
108.00
122.00
14.00
1.08
Including
111.00
112.00
1.00
9.40
Note that significant intersections have been determined as intervals above 0.1 g/t Au with a minimum length of 2m and a maximum of 2m of
consecutive samples below 0.1 g/t Au. Further exploration is required to confirm the orientation of the mineralized zones and, as such, intervals are
sampled lengths rather than true thicknesses.
Sampling and QA/QC Procedures
After digging with an excavator, the walls of trench BBT005 were cleaned and samples were taken at 1m
intervals in channels along one wall, with care being taken to avoid contamination between samples.
QA/QC procedures included the addition of blank and duplicate samples to the sample sequence, all of
which returned acceptable results. In total, 190 samples (including QA/QC) were collected from BBT005
along a total length of 170 metres.
All samples met the standards for chain of custody without the opportunity for third party access from
Zodiac Gold's exploration camp to the Liberia Geochemical Services Inc. sample preparation laboratory
in Monrovia, Liberia. Each sample was dried and then crushed to 70% passing -2mm and a
representative 1kg split was taken by riffle splitting. The split was then pulverized to 85% passing -75
micron and approximately 200g was bagged and labelled, with the remainder being returned to Zodiac
Gold. Analysis was performed by 50g fire assay with an atomic absorption finish (method Au-AA26) at
the ALS Geochemistry laboratory in Kumasi, Ghana. ALS Geochemistry is independent of Zodiac Gold
and is accredited for method Au-AA26.
Technical Report Update
On December 3, 2025, the Company announced that it had engaged Dr. John Arthur, an accomplished
economic geologist and independent Qualified Person, to prepare an updated NI 43-101 Technical
Report on the Todi Gold Project. The updated Technical Report was originally expected to be completed
in the first quarter of 2026 and include a mineral resource estimate on the Arthington discovery and an
evaluation of exploration targets in the Ben Ben to Youth Camp areas along strike. Based on the
encouraging exploration results at the Ben Ben target to date, the Company has decided to also include
the results of the planned drilling program at Ben Ben in the Technical Report. As a result the Technical
Report is now expected to be completed in the final quarter of calendar 2026.
Stock Option Grant
The Company has granted an aggregate of 3,825,000 stock options ("Options") to its directors and
officers pursuant to the Company's Omnibus Equity Incentive plan. The Options have an exercise price of
C$0.33 per Option, vest immediately and have a ten-year term from the grant date.
Qualified Person
Tom Dowrick, Director of Exploration at Zodiac Gold, is a Chartered Geologist of the Geological Society
of London and a Qualified Person as defined by NI 43-101. He has reviewed and approved the technical
and scientific information provided in this release.
About Zodiac Gold
Zodiac Gold Inc. (TSXV: ZAU) (FSE: K19) is a West-African gold exploration company focused on its
flagship Todi Gold Project situated in Liberia-an underexplored, politically stable, mining friendly
jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the
fertile Todi Shear Zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron
ore potential, covering a vast 2,316 km2 land package. The Todi Gold Project has undergone de-risking,
showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, of which two
have been drilled and high-grade gold intercepts.
For further information, please visit the Zodiac Gold website at
www.zodiac-gold.com
or contact:
David Kol
President & CEO
Forward-Looking Information
This news release includes certain "forward-looking statements" within the meaning of Canadian
securities legislation.
Forward-looking statements include predictions, projections, and forecasts and are often, but not always,
identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast",
"expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event
or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions
and includes the negatives thereof. All statements other than statements of historical fact included in this
release, including, without limitation, statements regarding the Company's planned exploration programs
and drill programs and potential significance of results are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in such
statements. Forward-looking statements are based on a number of material factors and assumptions.
Important factors that could cause actual results to differ materially from Company's expectations include
actual exploration results, changes in project parameters as plans continue to be refined, results of future
resource estimates, future metal prices, availability of capital, and financing on acceptable terms,
general economic, market or business conditions, uninsured risks, regulatory changes, defects in title,
availability of personnel, materials, and equipment on a timely basis, accidents or equipment
breakdowns, delays in receiving government approvals, unanticipated environmental impacts on
operations and costs to remedy same, and other exploration or other risks detailed herein and from time
to time in the filings made by the Company with securities regulators. Although the Company has
attempted to identify important factors that could cause actual actions, events, or results to differ from
those described in forward-looking statements, there may be other factors that cause such actions,
events, or results to differ materially from those anticipated. There can be no assurance that forward-
looking statements will prove to be accurate, and accordingly readers are cautioned not to place undue
reliance on forward-looking statements.
Neither 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.
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