Golden Pursuit Highlights Federal Arctic Infrastructure Strategy, Including Grays Bay Road and Port, and Arctic Economic and Security Corridor
GOLDEN PURSUIT RESOURCES LTD.
(TSX Venture Exchange: GDP)
FOR IMMEDIATE RELEASE
Golden Pursuit Highlights Federal Arctic Infrastructure Strategy, Including
Grays Bay Road and Port, and Arctic Economic and Security Corridor
Vancouver, British Columbia – March 1 9, 2026 – Golden Pursuit Resources Ltd. (TSX-V:
GDP) (“Golden Pursuit ” or the “ Company”) acknowledges the recent announcement by the
Prime Minister’s Office outlining a significant federal initiative to advance strategic infrastructure
across the Canadian Arctic, including the Grays Bay Road and Port project and the Arctic
Economic and Security Corridor (“AESC”).
According to the Prime Minister’s Office, these projects form part of a broader nation -building
strategy aimed at strengthening Arctic sovereignty, enhancing economic development, and
improving transportation infrastructure across northern Canada.
The federal initiative contemplates:
• The development of the Grays Bay Road and Port , a proposed approximately 230 -
kilometre all-season road extending from the Nunavut border to a deepwater Arctic port;
and
• The Arctic Economic and Security Corridor , a proposed approximately 400 -kilometre
all-season road through the Slave Geological Province, is designed to connect mineral-rich
regions of the Northwest Territories to tidewater access.
These projects are intended to establish a strategic transportation link between Canada’s interior
and Arctic shipping routes, while improving access to critical mineral districts.
CEO Commentary
“The Government of Canada’s commitment to advancing the Grays Bay Road and Port and
the Arctic Economic and Security Corridor represents a potentially transformative shift in
northern infrastructure,” said Brian McClay, Chief Executive Officer of Golden Pursuit. “For
companies operating in the Slave Geological Province, including at our Gordon Lake
Project, the prospect of year -round road access to tidewater is a compelling development
that could materially improve regional accessibility and long-term development conditions.
While these initiatives remain subject to planning and regulatory processes, we believe they
highlight the strategic importance of northern mineral districts and reinforce the growing
alignment between infrastructure investment and resource development in Canada’s Arctic.
Golden Pursuit is well-positioned within this emerging corridor framework.”
Relevance to Gordon Lake Project
Golden Pursuit’s Gordon Lake Project, located approximately 80 km northeast of Yellowknife
in the Slave Geological Province, lies in a region identified as being near the proposed corridor
framework. Gordon Lake is approximately 30 kms from the end of an existing all-season highway
at Tibbitt Lake, where road construction will start.
The Company believes that, if developed, the Grays Bay Road and Port and the AESC could have
meaningful implications for regional access, including:
• Establishment of a transportation corridor linking inland mineral districts to a deepwater
Arctic port
• Potential reduction in logistics costs and reliance on seasonal ice roads
• Increased efficiency in the mobilization of personnel, equipment, and supplies
• Improved long-term flexibility in exploration and development planning
The Company cautions that these infrastructure projects remain in the planning and regulatory
stages, and there is no certainty that they will be completed as proposed or on the contemplated
timelines. Accordingly, there can be no assurance that such developments will have any direct or
indirect impact on the Gordon Lake Project.
Strategic Context
The Company notes that federal disclosures indicate these initiatives are intended to support access
to critical mineral resources, including gold and base metals, while strengthening Canada’s Arctic
sovereignty and supply chain resilience.
Golden Pursuit believes this policy direction underscores the increasing strategic importance of
the Northwest Territories as a key jurisdiction for future mineral development. The Company’s
Gordon Lake property is located over the southern half of Gordon Lake in the
NorthwestTerritories. The property comprises ten historical occurrences of high -grade gold in
quartz veins, breccia zones and stockwork mineralization. The property is 100% owned by Golden
Pursuit Resources Ltd., of Vancouver, B.C. Golden Pursu it has current mineral tenure on both
territorial and federal lands, comprising a total land package of 6,851.27 hectares.
Commitment to Responsible Development
Golden Pursuit remains committed to advancing the Gordon Lake Project in a responsible and
sustainable manner, and to ongoing engagement with Indigenous governments, territorial
authorities, and local communities.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and
approved by Cleber Peralta Gomes , P.Geo. , a Qualified Person as defined under National
Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Golden Pursuit Resources Ltd.
Golden Pursuit Resources Ltd. is a Canadian mineral exploration company focused on the
acquisition and advancement of its 100% owned portfolio of precious metal projects in the
Northwest Territories and Nevada.
Forward-Looking Statements
This news release contains certain “forward -looking information” within the meaning of
applicable Canadian securities legislation, including statements regarding anticipated
infrastructure development, potential benefits of the Grays Bay Road and Port and Arctic
Economic and Security Corridor, and the Company’s exploration and development plans.
Forward-looking information is based on assumptions considered reasonable by management but
is subject to known and unknown risks and uncertainties, including risks relating to government
policy, regulatory approvals, financing, environmental consideration s, and general economic
conditions. Actual results may differ materially from those anticipated.
Readers are cautioned not to place undue reliance on forward-looking information. The Company
undertakes no obligation to update such information except as required by applicable law.
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.
For further information, please contact
Golden Pursuit Resources Ltd.
Brian McClay, President
604-730-6982
www.goldpursuit.ca