OTCQB | Cpiff Carlton Precious Reports up to 6.7 G/T GOLD and up to 493 G/T Silver from ROCK Samples at the Dunfee Nevada Project
TSXV | CPI
OTCQB | CPIFF
CARLTON PRECIOUS REPORTS UP TO 6.7 G/T GOLD
AND UP TO 493 G/T SILVER FROM ROCK SAMPLES
AT THE DUNFEE NEVADA PROJECT
Toronto, Ontario, January 27, 2026 – Carlton Precious Inc. (TSX-V: CPI | OTCQB: CPIFF) (“Carlton”
or the “Company”) is pleased to report results of a recent rock chip sampling program completed in late
2025 across the Dunfee gold and silver project in Nevada (“Dunfee” or the “Project”. A total of 35 rock
chip samples were collected from mineralized vein structures and dumps with results of up to 6.7 g/t gold
and silver assays of up to 493 g/t silver being returned. Eight of the 35 samples returned silver grades of
more than 2 ounces per tonne or better. Subsequent to encouraging field observations, the Company staked
an additional 30 lode claims expanding the Project’s footprint from an initial 23 lode claims to 53 covering
approximately 430 hectares.
Dunfee is located in Nevada, 80 km south of Tonopah and 73 km northwest of Beatty, within the Walker
Lane Gold trend and the P roject is positioned some 30 miles north of Anglogold’s multi -million-ounce
Silicon Gold project and southeast of the historical mining camp of Gold Point (see Location Map). Carlton
owns the Project 100% and its royalty free and up to now has held the Project as an investment property.
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The high-grade gold-silver veins at Dunfee, which are the southern extension of the Gold Point District,
were intermittently mined during the mid to late 1800’s with approximately 74,000 ounces reportedly being
mined from the Gold Point district (Brook, 20 23). At least five principal northwest trending quartz veins
have been identified and mapped at Dunfee to date, comprising mineralized structures of up to four metres
in width and outcropping over strike lengths of more than 1000m (see maps below). These mineralized
structures consist of series of quartz veins, 20 to 30cm quartz sul fide veins sitting within sheared altered
wall-rock. No less than 16 samples averaged 0.99 g/t Au and 31g/t Ag (see below results table). Samples
that returned the higher -grade gold and silver assays results were typically associated with base metal
sulfides and/or pyrite. Many of the samples were from waste dumps and are thus not considered reflective
of the grade of material that was mined and processed at the nearby Gold Point facilities.
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Table 1. Location and results of rock chip sampling program.
Sample
Number
X_NAD8
3Z11
Y_NAD8
3Z11 Weight Rock Type
Au
(g/t)
Ag
(g/t)
Cu
(%)
Pb
(%)
Zn
(%)
1069037 469,522 4,131,180 2.32 Breccia 0.014 0.9 27.9 8.0 51.0
1069038 469,522 4,131,180 2.43 Pyritic Seds 0.254 -0.3 33.5 7.0 25.0
1069039 469,563 4,131,119 2.48 Breccia 0.206 5.4 65.2 113.0 439.0
1069040 469,215 4,131,229 2.03 Vein 0.075 2.0 8.9 75.0 61.0
1069041 469,195 4,131,216 2.05 Vein 0.020 0.5 19.5 10.0 36.0
1069042 469,195 4,131,216 2.31 RC Chips 0.056 0.4 21.4 45.0 40.0
1069043 469,214 4,131,164 2.23 Wall Rock 0.044 2.2 14.7 34.0 39.0
1069044 469,214 4,131,164 2.27 Pyritic Seds 0.028 1.7 24.6 30.0 54.0
1069045 469,214 4,131,164 2.02 Vein 0.004 0.7 6.0 6.0 11.0
1069046 469,214 4,131,164 1.72 Pyritic Seds 0.057 0.4 39.9 11.0 23.0
1069047 469,099 4,131,269 1.94 Pyritic Seds 4.100 9.2 49.9 309.0 288.0
1069048 469,084 4,131,274 2.12 Vein 1.360 7.6 15.9 164.0 58.0
1069049 469,017 4,131,248 1.99 Vein 0.062 -0.3 8.5 8.0 17.0
1069050 469,100 4,131,297 1.71 Vein 0.368 10.2 94.8 87.0 69.0
1069051 469,773 4,131,832 1.93 Vein 0.066 63.3 55.4 1,172.0 625.0
1069052 469,778 4,131,810 1.70 Vein 0.524 493 112.6 4,254.0 4,103.0
1069053 469,778 4,131,810 1.77 Wall Rock 0.099 69.4 50.6 500.0 11,649.0
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Sample
Number
X_NAD8
3Z11
Y_NAD8
3Z11 Weight Rock Type
Au
(g/t)
Ag
(g/t)
Cu
(%)
Pb
(%)
Zn
(%)
1069054 469,794 4,131,807 1.58 Vein 0.023 2.0 5.6 37.0 96.0
1069055 469,859 4,131,746 1.86 Breccia 0.150 34.1 341.1 226.0 756.0
1069056 469,863 4,131,860 1.74 Vein 0.092 4.1 15.2 270.0 131.0
1069057 469,831 4,131,868 1.94 Wall Rock 0.267 36.6 439.8 1,440.0 1,856.0
1069058 469,802 4,131,875 1.61 Vein 0.532 61.3 69.6 617.0 575.0
1069059 469,791 4,131,896 1.65 Vein 0.202 312 236.9 2,023.0 554.0
1069060 470,291 4,131,386 1.64 Wall Rock 1.510 45.1 67.3 1,747.0 1,162.0
1069061 470,299 4,131,446 2.08 Wall Rock 0.298 17.7 38.6 221.0 229.0
1069062 470,299 4,131,446 1.81 Wall Rock 1.400 81.7 44.9 564.0 711.0
1069063 470,249 4,131,460 2.28 Wall Rock 0.765 153 134.0 673.0 447.0
1069064 470,153 4,131,755 2.52 Wall Rock 6.620 39.0 225.2 2,117.0 685.0
1069065 470,153 4,131,755 1.93 Vein 1.030 53.6 126.5 189.0 425.0
1069066 470,144 4,131,765 2.18 Vein 5.790 73.6 210.5 4,335.0 946.0
1069067 470,082 4,131,769 2.01 Vein 0.049 0.6 216.2 14.0 9.0
1069068 470,082 4,131,769 2.00 Vein 0.334 8.6 30.8 295.0 298.0
1069069 470,035 4,131,804 1.99 Vein 0.463 31.3 437.6 79.0 195.0
1069070 470,001 4,131,806 1.87 Vein 0.029 3.7 111.0 18.0 10.0
1069071 470,083 4,132,133 1.91 Vein 0.085 0.3 36.7 7.0 5.0
Carlton is now planning an Induced Polarization and Ground Magnetic survey across the Project to define
the sulfide rich zones along these mineralized structures prior to drilling the Project planned for mid-2026.
Quality Assurance / Quality Control
Samples were submitted to American Assay Laboratories Inc. , Sparks, Nevada, a USA ISO / IEC 17025
accredited independent laboratory. Where each sample were screened, crushed and split then under went
an analytical technique of 50 gram fire assay for Au along with 28 element ICP and an additional 4 element
acid digestion for Ag, Zn, Pb and Cu. No standards were inserted except laboratory internal control
standards as per industry norm and standards.
Qualified Person Statement
The technical content of this news release has been reviewed and approved by E. Max Baker, B.Sc. Ph.D.,
an independent consultant to Carlton. Max Baker is a Fellow of the Australian Institute of Mining and
Metallurgy, a qualified person as defined by NI 43-101.
About Carlton Precious Inc.
Carlton is a publicly traded precious and base metals exploration company listed on the TSX Venture
Exchange. The Company is managed by a team of experienced mining and geological professionals.
Carlton’s projects are focused on key mining jurisdictions including Peru, Australia and Nevada, USA.
For further information, visit the Company’s website at www.carltonprecious.com or contact:
Martin Walter, CEO, Carlton Precious Inc., at +1-416-389-5692 or [email protected].
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward Looking Statements
This news release contains certain “forward -looking information” within the meaning of applicable
securities laws. Forward looking information is frequently characterized by words such as “plan”, “expect”,
“project”, “intend”, “believe”, “anticipate”, “est imate”, “may”, “will”, “would”, “potential”, “proposed”
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statements are only predictions. Forward- looking information is based on the opinions and estimate s of
management at the date the information is provided, and is subject to a variety of risks and uncertainties
and other factors that could cause actual events or results to differ materially from those projected in the
forward- looking information. For a description of the risks and uncertainties facing the Company and its
business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The
Company undertakes no obligation to update forward- looking information if circumsta nces or
management’s estimates or opinions should change, unless required by law. The reader is cautioned not to
place undue reliance on forward-looking information.