March 2, 2026 - Discrete Gold In Soil Anomalies Identified From Shallow Soil Geochemical Survey
DISCRETE GOLD IN SOIL ANONALIES IDENTIFIED FROM SHALLOW
SOIL GEOCHEMICAL SURVEY COINCIDENT WITH CRUSTAL-SCALE
FAULTS ON HORWOOD PROJECT
Vancouver, British Columbia, 2 March, 2026 – Avventura Resources Ltd. (CSE:AA) (Avventura
or the Company) is pleased to provide an update on the initial results from the completed
shallow soil geochemical survey program over the Horwood Property in northern Ontario.
Highlights
● Seven discrete anomalous gold zones were identified during a targeting soil sampling
program on the Horwood Property
● Highest soil sample contained 210 parts per billion (ppb) gold (Au) in an area without any
known gold occurrences
● A 3-km zone of weak gold anomalism identified between the Denross and Horwood Lake
showings
● Grab samples 750 m from the historical Denross showing contained gold grades up to
62.0 g/t Au
● 1,361 samples were collected and analyzed on the areas considered the most prospective
for gold mineralization
Avventura CEO, Sean Flynn, commented , “We are encouraged by the results of our recent
shallow soil sampling programs at the Horwood Property. The identification of seven discrete
gold-in-soil anomaly areas, and a high-grade grab sample near to a historical showing, provides a
solid foundation for follow-up exploration and target development.”
“While the property remains at the early stage, these results are helping us better define areas of
interest and prioritize our next phase of work. Management believes the combination of regional-
scale structures and newly identified anomalies supports continued exploration on the property
as we advance Horwood through systematic technical programs.”
Shallow Soil Sampling
The Company has completed a comprehensive 1,361 sample, modern shallow soil campaign over
two zones totaling 15.23 sq. km of the 94.6 sq. km Horwood Property (Figure 1), and it is pleased
to report on the results of this work. The Horwood Property is located within the northeastern
part of the Swayze Greenstone Belt and is located on a northeast-trending fault zone termed the
Hardiman Deformation Zone, which is interpreted as a splay fault to the Destor-Porcupine
Deformation Zone. The Hardiman Deformation Zone and associated splay faults are important to
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the formation of gold mineralization in the area, including sixteen (16) gold showings previously
reported by the Ontario Mineral Deposit Inventory (MDI). The Horwood Property is underlain by
Archean mafic volcanic flows, and is cut by a complex suite of intrusive rocks, including gabbroic
sills and stocks, the granodioritic Horwood Peninsular Pluton, and numerous small quartz diorite
and quartz-porphyry intrusions. Previous exploration work concentrated on outcrop mapping
and prospecting, ground geophysics and follow-up drilling (122 drill holes for a 15,545 m)
Figure 1. Location of shallow soil samples on the Horwood Property (red outline) plotted on
the underlying geology
Shallow Soil Results
The results of the survey were plotted using appropriate ranges to reflect anomalism (< 2 ppb
(number (n) = 922), 2-5 ppb (n = 351), 5-9 ppb (59), 9-46 ppb (24), 46-210 ppb (5)) and illustrated
on Figure 1. Generally, the anomalies are subtle, with samples greater than 9 ppb Au considered
highly anomalous in the dataset, and typically reflect the presence of gold mineralization in the
area. The three highest samples contained greater than 100 ppb Au (104, 182 and 210 ppb Au).
The survey identified seven areas of anomalism, with four areas in the northern block, and three
areas in the south. The anomalous areas were related to later felsic or mafic intrusions cutting
the mafic volcanic rocks, or small splay faults in the Hardiman Deformation Zone.
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Grab Sample Results
Three grab samples were collected from outcrops between the historical Denross and Labbe #3
showings (Figure 1). The samples contained 0.25, 0.56, and 62.00 g/t Au. The 62.00 g/t Au
sample, while considered highly anomalous, indicates that high-grades gold mineralization is
present on the property. Previous sampling at Denross as part of the NI 43-101 site visited
reported grab samples up to 6.01 g/t Au. The 62.00 g/t Au sample is located 750 m from the
Denross showing and 300 m from Labbe #3. Two outcrop samples of sulphide-rich metabasalt
collected in the south of the property contained background gold concentrations (2 and 10 ppb).
Assays for the remaining 173 samples collected in the fall field program are pending and will be
reported as soon as the results are returned from the laboratory.
Technical Details
A total of 1,361 shallow soil samples were collected over an area of 94.6 sq. km considered to be
the most prospective for gold mineralization at Horwood. The sampling grid was oriented north-
south with a line spacing of 200 m and a sample spacing of 100 m. Several tighter grids of 50 m x
50 m spacing were also performed. Additionally, 178 grab samples from outcrops on the property
were also collected. Samples were collected following industry best practices under the
supervision of Percy Clark, P.Geo. (Clark Exploration Consulting Limited, Thunder Bay, ON) and an
appropriate number and type of certified reference materials (standards) and blanks were
inserted to ensure an effective QAQC program was carried out. The samples were prepared
(dried, sieved, and split) and analysed at AGAT (Thunder Bay) for gold and multi-element analysis.
The limit of detection for the gold assay method employed was 1 ppb Au.
About Avventura Resources Ltd.
Avventura Resources Limited is a dynamic resource exploration and development company
dedicated to identifying and advancing high-potential mineral assets. Focused on sustainable
growth and responsible extraction practices, the company leverages technical expertise and
strategic partnerships to unlock value in undervalued or frontier geological terrains. Avventura
is committed to driving long-term shareholder value while adhering to rigorous environmental
and social governance standards across its Canadian portfolio. They are examining anomalies
and exploration targets noted for further investigation in B. H. Newton’s August 2023 “National
Instrument 43-101 Technical Report on the Horwood Property, District of Sudbury, Ontario”.
Qualified Person
This news release has been reviewed and approved by Dr. Sandy Archibald, P.Geo, who is the
Qualified Person for the technical information in this news release under National Instrument 43-
101 standards.
Forward‐Looking Information
This news release contains "forward‐looking information" within the meaning of applicable securities laws,
including statements regarding the Company’s planned exploration work and management appointments.
Readers are cautioned not to place undue reliance on forward‐looking information. Actual results and
developments may differ materially from those contemplated by such information. The statements in this
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news release are made as of the date hereof. The Company undertakes no obligation to update forward‐
looking information except as required by applicable law.
For further information please contact:
Avventura Resources Ltd Avventura Resources Ltd
Anthony Balic – CFO Sean Flynn – CEO
[email protected] [email protected]
T: +1 604-312-2425 T: +1 250-857-2237
Website: www.avventuraresources.com
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