Adyton Confirms Significant Scale at Feni Gold-Copper Project: FDD005
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
October 14, 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 Confirms Significant Scale at Feni Gold-Copper Project: FDD005
Returns 158m @ 0.72g/t Au.Eq (0.54g/t Au & 0.14% Cu) and Identifies
New High-Priority Drill Targets.
Brisbane, Australia – October 14, 2025 – Adyton Resources Corporation (TSX Venture: ADY) (“Adyton”
or the “ Company”) is pleased to report final assays from expansionary drill hole FDD005 at its 100%
owned Feni Au-Cu project, Papua New Guinea. The results continue to confirm the significant scale of
the Feni gold-copper mineral system, whilst also highlighting the challenges and opportunities of
exploring a very large mineralized system that is under cover, particularly to target and intercept higher-
grade gold-copper zones.
HIGHLIGHTS
158m @ 0.72g/t gold equivalent (Au.Eq) (0.54g/t Au & 0.14% Cu), including 32m @ 1.09g/t Au.Eq
(0.99g/t Au & 0.11% Cu) from drill hole FDD005
FDD005 is the fifth consecutive drill hole with assays >100gxm Au.Eq
Furthermore, FDD005 ended with significant molybdenum at end of hole (383ppm Mo) signifying a
direct link to a deeper-seated intrusive-related mineral system
FDD004 and FDD005 encountered strong and broad zones of gold and copper mineralization within
the “gap” zone that is wide open for expansion between the two open pit MRE resources
FDD005 provides key geological and structural insights into the Kabang area, including new
understanding of the relationship between sulphide content and gold/copper grade, which is critical
for future targeting
Geophysics and assay re-interpretation identifies multiple additional high-priority targets within the
Kabang prospect, potentially unlocking significant upside.
Tim Crossley, Chief Executive Officer, commented:
“The drilling of hole FDD005 was a bold move in the middle of the “gap” area in our block model. It is the
deepest hole ever drilled at Feni with a gold bearing vertical footprint of greater than 700m. Our next
focus is to integrate the new data from our current drill program into our historical data set and recent
close-spaced drone magnetic survey to vector in on and identify the higher-grade zones within this
extensive mineral system.”
Dr Chris Bowden, Chief Operating Officer and Chief Geologist, commented:
“While the highlight intersection in FDD005 was lower-grade than previous drillholes, it still reported >100gxm
and the two very broad zones of gold-copper mineralization ( 382m @ 0.43g/t AuEq (from 69m) and 332m @
0.13g/t AuEq (from 508m to EOH)) clearly indicate the footprint and scale of the system at Feni is extensive.
Subsequently, we have re-interrogated the assay results with the outcomes from geophysics data (including
high resolution drone survey). We now have higher confidence that FDD005 likely sits in a structural offset,
explaining the significantly wide and highly anomalous grades. Furthermore, the re-review of the geophysics
and assay results has resulted in a revised understanding of the potential structural controls to mineralization
(more akin to the structural setting at Lihir).”
Significant Intercepts and Geology
Table 1 shows the Significant Intercepts for gold and copper assay results received to date. Figures 1, 2 and 3
show a plan map and cross sections of the drilling and assay results to date. Table 2 provides a summary of
the current status of the Feni drill program (15 drillholes for 5,216.9m).
Figure 1: Plan view of Adyton drillholes including the 2021 ADK series and the current FDD series, plus
the historical block model.
Table 1: Significant Intersections from the 2021 (ADK) and 2025 (FDD) drilling at the Feni Island Au-Cu Project
(gold, copper and gold equivalent). See footnotes to table: 1 2 3 4
Hole ID From (m) Interval
(m)
Gold
(Au g/t)
Copper
(Cu %)
Gold
Equiv.
(Au.Eq)
ADK001 1 145.8 0.84 0.08 0.91
inc. 63 28 1.64 0.06 1.62
ADK003 55 85 0.63 0.03 0.63
inc. 124 10.2 1.33 0.02 1.27
ADK004 70.7 85.4 0.94 0.57 1.75
inc. 149.7 6.4 1.59 5.07 9.28
FDD001 95 76 1.43 0.03 1.38
FDD002 45 142.2 1.18 0.05 1.17
inc. 45 93 1.58 0.05 1.55
FDD003 70 81 1.12 0.21 1.36
inc. 118 24 1.30 0.51 1.99
and 223 12 0.61 0.23 0.92
and 284 5 0.63 0.49 1.34
inc. 287 1 1.64 1.42 3.71
FDD004 62 229 0.71 0.08 0.78
inc. 62 115 0.92 0.07 0.96
and 383 70.2 0.33 0.21 0.63
FDD005 69 158 0.54 0.14 0.72
inc. 176 32 0.99 0.11 1.09
Discussion of Results
Whilst it is very early days, the dynamic and ongoing process of re-reviewing the geophysics with new assay
results as received allows us to refine our geological model. This process has directly resulted in a number of
additional targets now highlighted as more prospective than previously considered, and if successful, would
likely result in significant upside to potential targets at Kabang. Adyton is prioritizing the newly identified
geophysical targets in our current phase of drilling (4Q2025) and expects this revised geological model to
significantly enhance our exploration success rate.
1 Interval widths are “apparent” widths downhole, subject to true width determination.
2 ADK series drilling (2021) reported previously to TSX.V. Au.eq recalculated here.
3 Gold equivalent calculated as: Au.eq = ((Au g/t *0.93) + (Cu% *1.71 * 0.90)). Based on: metal prices of US$2,000/oz Au
and US$5/lb Cu; and recoveries of 93% Au and 90% Cu. Recovery assumptions are speculative as no metallurgical test
work have been completed at Feni but are based on comparable deposits.
4 FDD002 & FDD004 ended in mineralisation.
Figure 2: Cross section of FDD005. Highlighting the broad zones of mineralization, as well as the upper
more strongly mineralized interval. Of note, last intercept graded 383ppm Mo.
Figure 3: Long section. Highlights the new contribution of grade from FDD004 and FDD005 to the “gap”
target within the historical MRE.
Table 2: Feni Island Gold-Copper Project: drillhole details and status (as of Oct 10 th).
Hole ID Easting Northing RL DIP AZI Depth (m) Status
FDD001 567,648 9,548,228 156 -60 50 396.0 Completed
FDD002 567,245 9,548,135 91 -60 100 195.4 Completed
FDD003 567,348 9,548,221 105 -70 160 421.7 Completed
FDD004 567,469 9,548,209 126 -70 180 453.2 Completed
FDD005 567,571 9,548,247 136 -70 180 839.6 Completed
FDD006 567,782 9,548,230 184 -70 320 412.6 Completed
FDD007 567,469 9,548,305 111 -70 180 468.2 Completed
FDD008 567,886 9,548,273 193 -70 320 67.9 Abandoned
FDD009 567,895 9,548,275 199 -70 320 401.2 Completed
FDD010 567,342 9,548,282 108 -70 180 541.2 Completed
FDD011 568,005 9,548,323 211 -70 320 199.9 Completed
FDD012 567,582 9,548,332 138 -70 180 455.9 Completed
FDD013 567,908 9,548,541 207 -70 180 501.3 Completed
FDD014 567,874 9,548,156 202 -70 320 172.9 In progress
FDD015 567,436 9,548,387 166 -70 180 145.8 In progress
TOTAL (m) 5,216.9
Table notes: FDD008 was abandoned at a shallow depth while still in post-mineral cover due to operational issues, redrilled as FDD009.
FDD002 was terminated prematurely due to ground conditions while still in observed visual mineralisation. WGS 84 Zone 56S UTM
coordinates.
Quality Assurance / Quality Control
Adyton adheres to industry-recognized standards of Best Practice and Quality Assurance/Quality Control
(QA/QC). Drill core samples were submitted in batches to Intertek Laboratory in Lae, which include a field
blank, certified reference materials (CRMs) and staged duplicates. Samples were sealed using single-use tie-
locks ensuring Chain of Custody. To date, all batches have passed QA/QC, and blanks and CRMs were within
acceptable tolerance limits. All drill holes were drilled and sampled predominantly from PQ and/or HQ
diameter drill core, and to a much lesser extent, also NQ core. Core recovery is considered to be appropriate.
Feni Island Gold-Copper asset, on-trend location to giant gold +/- copper mines
The Adyton Feni Island Au-Cu project is strategically located on the easily accessible Bismark Islands in PNG.
Feni Island is part of the 250km long Tabar-Lihir-Tanga-Feni Island chain, which to the northwest hosts the
operating gold mines of Simberi and the giant Lihir mine, while Feni hosts a foundational resource of 1.45moz
Au. To the southeast of Feni Island, on Bougainville Island, lies the giant past producing Panguna Cu-Au mine.
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 exploration and development of gold and copper resources in regions
with high potential for Tier 1 discoveries. The company has a portfolio of highly prospective mineral exploration and
development projects in Papua New Guinea (PNG) where it is focused on expansionary drilling on its 100% controlled
1.46mozAu Feni Island Au-Cu asset. This drilling is also focused on documenting the copper endowment that has
previously not been assayed for. The Company also has a JV on the Fergusson Island Au project, also in PNG. 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.
Feni Island Au-Cu project
The Feni Island Project has a MRE prepared in accordance with NI 43-101 (Oct 14, 2021), that has outlined an initial
inferred mineral resource of 60.4mt averaging 0.75 g/tAu, for contained gold of 1.46mozAu ((cut-off grade 0.5g/tAu). 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.
Fergusson Island Au project
The Fergusson Island Au project has a MRE prepared in accordance with NI 43-101 dated October 14, 2021, which outlined
an indicated mineral resource of 4.0mt at an average grade of 1.33g/tAu for contained gold of 173kozAu and an inferred
mineral resource of 16.3mt at an average grade of 1.02g/tAu for contained gold of 540kozAu. 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 drill program, the
intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key
findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems . 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 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; 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.