Adyton Resources Reports Fatality at Gameta
Adyton Resources Corporation Level 7, 300 Adelaide Street Brisbane QLD 4000 AUSTRALIA (PO Box 10582 Brisbane QLD 4000)
t: +61 (7) 3854 2389 e: [email protected]
TSXV: ADY | adytonresources.com
NEWS RELEASE
July 28, 2025
TSX Venture Exchange: ADY For immediate release
FSE: 701GR
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES.
Adyton Resources Reports Fatality at Gameta
For further information please contact:
Tim Crossley, Chief Executive Officer
E‐mail: [email protected]
Phone: +61 7 3854 2389
Phone: +1 778 549 6768
Neither the 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 press release.
ABOUT ADYTON RESOURCES CORPORATION
Adyton Resources Corporation is focused on the development of gold and copper resources in world class mineral
jurisdictions. It currently has a portfolio of highly prospective mineral exploration projects in Papua New Guinea on
which it is exploring to expand its identified gold Inferred and Indicated Mineral Resources and expand on its recent
significant copper drill intercepts on the 100% owned Feni Island project. The Company’s mineral exploration
projects are located on the Pacific Ring of Fire on easy to access island locations which hosts several globally
significant copper and gold deposits including the Lihir gold mine and Panguna copper/gold mine on Bougainville
Island, both neighboring projects to the Company’s Feni Island project.
Adyton has a total Mineral Resource Estimate inventory within its PNG portfolio of projects comprising indicated
resources of 173,000 ounces gold and inferred resources of 2,000,000 ounces gold.
Brisbane, Australia – July 28, 2025 – Adyton Resources Corporation (TSX Venture: ADY) (“Adyton” or
the “Company”) regrets to report a fatality at the Gameta Project in Papua New Guinea. This tragic
accident involved a casual employee engaged by Adyton’s joint venture partner who passed away as a
result of an accident while operating a drilling rig. No other person was injured in the accident.
The relevant local authorities have been notified about the accident and the Company will fully
cooperate in the investigations. An internal investigation into the accident will be commenced. Drilling
operations at the Gameta Project have been temporarily suspended and will resume once it is
determined that they can be done in a safe manner.
Tim Crossley, Chief Executive Officer stated, “We are deeply saddened to confirm the tragic loss of our
joint venture partner’s employee at our Gameta Project. On behalf of the entire Adyton team and our
partners, I extend our sincerest condolences to the individual’s family, friends, and colleagues. The
safety and well‐being of everyone at our operations, including those of our partners and their
employees, is our highest priority. We are working closely with our joint venture partner and the
relevant authorities to thoroughly investigate this incident and to ensure all necessary support is
provided during this difficult time.”
The Feni Island Project currently has a mineral resource prepared in accordance with NI 43‐101 dated October 14, 2021,
which has outlined an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for
contained gold of 1,460,000 ounces, assuming a cut‐off grade of 0.5 g/t Au. See the NI 43‐101 technical report entitled
“NI 43‐101 Technical Report on the Feni Gold‐Copper Property, New Ireland Province, Papua New Guinea prepared for
Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG),
each an independent mining consultant and “qualified person” as defined in NI 43‐101,available under Adyton’s profile
on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic
viability.
The Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43‐101 dated October 14,
2021, which outlined an indicated mineral resource of 4.0 million tonnes at an average grade of 1.33 g/t Au for contained
gold of 173,000 ounces and an inferred mineral resource of 16.3 million tonnes at an average grade of 1.02 g/t Au for
contained gold of 540,000 ounces. See the technical report entitled “NI 43‐101 Technical Report on the Fergusson Gold
Property, Milne Bay Province, Papua New Guinea” prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear
(MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and “qualified
person” as defined in NI 43‐101,available under the Company’s profile on SEDAR+ at www.sedarplus.ca. Mineral resources
are not mineral reserves and have not demonstrated economic viability.
For more information about Adyton and its projects, visit www.adytonresources.com
Qualified Person
The scientific and technical information contained in this press release has been prepared, reviewed, and approved by Dr Chris Bowden ,
PhD, GCMEE, FAusIMM(CP), FSEG, the Chief Operating Officer and Chief Geologist of Adyton, who is a "Qualified Person" as defined by
National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects.
Forward looking statements
This press release includes “forward‐looking statements”, including forecasts, estimates, expectations, and objectives for future operations that
are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐ looking statements and
information can generally be identified by the use of forward‐looking terminology such as "may", "will", "should", "expect", "intend",
"estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward looking statements in this news release include plans
pertaining to the investigations related to the accident, the Company’s participation in the investigations, the internal investigation, and plans
to resume future drilling operations at the Gameta Project. The forward‐looking information contained herein is provided for the purpose of
assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such
information may not be appropriate for other purposes.
Forward‐looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses, and
opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, the
receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely
manner; the receipt of information relating to the investigations; the availability of financing on suitable terms for the development;
construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling
program; and Adyton’s ability to comply with all applicable regulations and laws, including environmental, health and safety laws.
Investors are cautioned that forward‐looking statements are not based on historical facts but instead reflect Adyton’s management’s
expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements
considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward‐ looking
statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as
unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by
Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward‐ looking statements
are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance
on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local
government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business
of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations
pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance
to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with
and claims by local communities and indigenous populations; availability of and changes in the costs associated with mining inputs and labour;
risks relating to the investigation; impact on the business from the accident at the Gamtea Project; the speculative nature of mineral exploration and
development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties.
Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ
materially from those projected in the forward‐looking statements. Such forward‐looking information represents management’s best judgment
based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially.
Readers are cautioned not to place undue reliance on forward looking statements or information. Adyton Resources Corporation undertakes no
obligation to update forward‐looking information except as required by applicable law.