Wednesday, September 16, 2026
MiningNewsTerminal
Wednesday, September 16, 2026 Admin

GLDR.CN ·

Golden Rapture Acquires Northern Queen MINE Property Adjacent to Nexgold Mining Goliath Deposit & Dryden GOLD Corp

Mergers & Acquisitions

GOLDEN RAPTURE ACQUIRES NORTHERN QUEEN MINE PROPERTY ADJACENT TO

NEXGOLD MINING GOLIATH DEPOSIT & DRYDEN GOLD CORP

November 14, 2025 - Golden Rapture Mining Corporation (CSE-GLDR) is pleased to announce

that it has entered into an agreement with 1000903966 Ontario Inc. to acquire a 100% interest

in the Northern Queen Mine property located southeast of Dryden, Ontario. Also included are

updates and a recap of our recent 2025 high-grade results from our other three projects.

The Northern Queen Mine property lies along the southern boundary of the NexGold Goliath

Gold Deposit, and the eastern part of the property is also strategically situated on the

northern border of the Dryden Gold claims.

The same large Wabigoon and Manitou-Dinorwic deformation zones present on our neighbours'

ground also cross the western and eastern parts of our claims. It is the only remaining key

ground in the area that is not held by NexGold Mining or Dryden Gold Corp.

The historical records of the Northern Queen Mine are limited; however, archival Ontario

Ministry of Energy and Mines files indicate that it produced gold and silver from 1897 to 1899

and has never been explored using modern exploration methods.

We are looking forward to exploring this underexplored property using modern methods and

technologies. It has world-class infrastructure at our doorstep, including: Trans-Canada Highway,

Ontario Provincial Hwy 72, CP Rail, Hydro and ready access to an experienced and available

workforce in Dryden, Wabigoon and Sioux Lookout.

Source: Ministry of Energy and Mines Ontario Files, Historical Northern Queen Mine Report

Heavily Mineralized 4 ft Wide Boulder from Quartz Vein Near the Shaft

The large Wabigoon and Manitou-Dinorwic deformation zones, which are present on the

Nexgold Mining and Dryden Gold ground, also cross the western and eastern parts of our

claims.

Qualified Person

The technical disclosure in this news release has been reviewed and approved by John

Archibald, P . Geo., Qualified Person for Golden Rapture as defined by National Instrument 43-

101 of the Canadian Securities Administrators.

Golden Rapture will acquire a 100 % interest in the 1500-acre Northern Queen Mine 38 claim

units property by issuing 450,000 class “A” common shares of GLDR to the vendor. This

agreement is subject to regulatory approval.

TARGETING OTHER UNDEREXPLORED GOLDEN OPPORTUNITIES

Our other three high-grade projects host a total of 23 historical mine shafts:

1. PHILLIPS TOWNSHIP GOLD PROJECT

This 10,000+ acre high-grade gold property hosts 18 historic mine shafts and is strategically

situated near the producing New Gold Rainy River Mine.

On November 04, 2024, our drilling returned exceptionally high-grade intercepts as high as

285.00g/t Au, with 114.96 g/t Au over 2.55 meters in hole 12 and 111.16 g/t Au over 1.50

meters in hole 17.

Hole No. Dip From (m) To (m) Interval

(m)

Au g/t Results

GRM24-09 66° 24.00 25.00 1.00 m 1.35 g/t

GRM24-09 66° 25.50 26.00 0.50 m 8.62 g/t

GRM24-10 66° 13.50 14.50 1.00 m 8.90 g/t

Including 66° 14.00 14.50 0.50 m 14.20 g/t

GRM24-11 66° 15.50 16.00 0.50 m 5.64 g/t

GRM24-11 66° 17.00 19.00 2.00 m 4.79 g/t

Including 66° 18.00 19.00 1.00 m 7.61 g/t

GRM24-11 66° 19.00 24.00 5.00 m 1.07 g/t

GRM24-12 66° 22.75 25.30 2.55 m 114.96 g/t

Including 66° 22.75 23.25 0.50 m 285.00 g/t

GRM24-12A 45° 5.75 6.30 0.55 m 55.04 g/t

GRM24-13 45° 5.50 6.30 0.80 m 17.40 g/t

GRM24-14 45° 6.50 7.50 1.00 m 3.73 g/t

GRM24-16 45° 6.00 6.50 0.50 m 1.10 g/t

GRM24-17 45° 6.50 8.00 1.50 m 111.16 g/t

Including 45° 6.50 7.00 0.50 m 252.00 g/t

GRM24-18 45° 12.00 13.00 1.00 m 8.09 g/t

Including 45° 12.00 12.50 0.50 m 13.90 g/t

GRM24-19 55° 4.50 11.00 6.50 m 2.05 g/t

including 55° 5.50 6.00 0.50 m 5.65 g/t

including 55° 8.50 9.00 0.50 m 5.77 g/t

including 55° 10.50 11.00 0.50 m 3.68 g/t

GRM24-21 57° 18.50 19.50 1.00 m 23.20 g/t

GRM24-21 57° 21.50 22.50 1.00 m 2.93 g/t

GRM24-22 70° 18.10 22.50 4.40 m 11.74 g/t

Including 70° 19.20 19.70 0.50 m 59.99 g/t

Including 70° 19.70 20.20 0.50 m 37.99 g/t

Including 70° 22.00 22.50 0.50 m 5.27 g/t

GRM24-23 45° 14.00 15.00 1.00 m 1.25 g/t

On May 28, 2025, the company completed a low-altitude, high-resolution drone magnetic

survey. The (UAV) airborne magnetics survey was conducted by Rosor Exploration of Burlington,

Ontario. It was flown at a height of 50 meters with a MagArrow magnetometer by Geometrics

suspended from a Matrice 300 RTK drone along 50-meter spaced lines with a total of 313 line-

kilometers covering an area of approximately 16.7 km2 in size.

The results identified new high-priority targets, confirming that the survey area is dominated by

strong linear anomalies throughout the project area, with the strongest occurring in the

northeast corner.

It was also noted by Rosor Exploration in their report that there is intense deformation and

folding in the eastern part of the survey area.

Source: Phillips Project Survey Processing Report: Authored by: Skyler Mallozzi, M.Sc, P .Geo, Senior Geophysicist, Rosor

Exploration.

On July 02, 2025, the company announced high-grade gold results from its recent surface

sampling program, which was designed to test certain surface areas where strong anomalies

were recently identified in our low-altitude, high-resolution drone magnetic survey. The survey

results identified new high-priority targets, confirming that the survey area is dominated by

strong linear anomalies throughout the project area, with the strongest occurring in the

northeast corner (Young’s Bay area), where intense deformation and folding are present.

To our surprise, the survey proved to be helpful in discovering new high-grade parallel veins.

Included are the highlights of the July 02 sampling results:

GRAB SAMPLE NUMBER AREA OF THE

PROPERTY

ASSAY RESULT

291145 YOUNG’S BAY 200.80 g/t Au or 7.08 oz/t gold

291152 YOUNG’S BAY 144.02 g/t Au or 5.00 oz/t gold

291155 YOUNG’S BAY 134.19 g/t Au or 4.73 oz/t gold

291160 YOUNG’S BAY 107.17 g/t Au or 3.78 oz/t gold

291108 COMBINED MINE 107.02 g/t Au or 3.77 oz/t gold

291159 YOUNG’S BAY 100.50 g/t Au or 3.54 oz/t gold

291166 YOUNG’S BAY 83.88 g/t Au or 2.95 oz/t gold

291105 COMBINED MINE 78.25 g/t Au or 2.76 oz/t gold

291157 YOUNG’S BAY 71.28 g/t Au or 2.51 oz/t gold

291161 YOUNG’S BAY 64.26 g/t Au or 2.26 oz/t gold

291151 YOUNG’S BAY 50.22 g/t Au or 1.77 oz/t gold

291148 YOUNG’S BAY 43.60 g/t Au or 1.53 oz/t gold

291147 YOUNG’S BAY 32.36 g/t Au or 1.14 oz/t gold

291112 COMBINED MINE 30.09 g/t Au or 1.06 oz/t gold

The full results of this July 02, 2025 sampling program and the November 04, 2025 drill results can be seen on the company’s

website at https://goldenrapturemining.com/News

On August 11, 2025, the company also entered into a multi-million-dollar joint venture

agreement and is currently awaiting the JV partner’s commencement of exploration activities

on the Phillips Township property.

See August 11, 2025, news release at https://goldenrapturemining.com/News

2. HUTCHISON MINE PROJECT – Geraldton Gold Camp

The 100% owned Hutchison Mine Project is a 2,300-acre high-potential property featuring 3

historic mine shafts, strategically located near the presently producing Equinox Gold

Greenstone Open Pit Mine, Geraldton, Ontario.

The Geraldton-Beardmore greenstone belt is a gold camp that has seen some twenty (20)

producing mines over the years, with the Hutchison Gold Mine being one of the richest

historical mines in the area.

Minerals: Gold, Silver & Critical Minerals. Historical high-grade results as high as 751.46 g/t Au.

Also hosts high-grade Zinc and Copper in the northern part of the property.

Graphite: During the 1980s, Noranda Exploration conducted drill testing on a series of

electromagnetic conductors, resulting in the discovery of multiple graphite-bearing zones across

diverse lithologies. Remarkably, graphite mineralization was intersected in nearly every drill

hole, with several zones yielding exceptionally high grades of 30% to 70% graphite.

They concluded in their 1982 Noranda Exploration Report that most of the electromagnetic

conductors were most likely graphic horizons. Despite the very encouraging results, no follow-

up exploration or development was pursued, as the original drilling program was not targeting

graphite.

Source: Ministry of Energy and Mines Ontario Files, 1982 Noranda Exploration Report

Going forward

The historical high-grade results that will need to be followed-up include 11.6 oz/ton/gold

across 1.3 feet, 1.84 oz/ton/gold across 2.25 ft, vein number 1 located 100 ft due south of the

shaft in surface pits which gave results of 0.87 oz/ton/gold across 2.67 ft plus vein number 4

located 130 ft north of the shaft which yielded results of 0.5 oz/ton/gold over 1.5 ft for a length

of 90 ft.

Of additional interest is a cross-sectional drill hole number 34A, which cut what appears to be

the westward extension of the number 4 vein which gave an average of 0.76 oz/ton/gold over

4.5 ft at a point 40ft above and 30ft west of the first level.

Also of significant importance is a flat hole structure westward from the second level, which cut

5.6 oz/ton/gold over 1.3 ft. Other areas to follow up include vein number 5, located 270 ft

north of the shaft, which has a length of 120 ft and averages 0.55 oz/ton/gold across 2.5 ft.

Also included is another drill hole located approximately 560 ft north of the shaft, which gave

extremely high-grade results of 13.52 oz/ton/gold over 1.1 ft, and another 140 east of the shaft

that again yielded ultra-high-grade results of 24.16 oz/ton/gold over 2.0 ft.

Source: Source: Ministry of Energy and Mines Ontario Files, Historical MAYLAC GOLD MINES LIMITED SUMMARY REPORT written

by Walter Maybank. Results reported in ounces.

An Exploration Permit has recently been applied for. Proposed stripping and drilling locations

can be seen on the MAG survey data map below.