NRED Identifies Priority Drill Target at Wilmac Copper-Gold Project
NRED IDENTIFIES PRIORITY DEEP COPPER-GOLD DRILL TARGET AT
WILMAC COPPER-GOLD PROJECT
Historical Drilling Stopped up to 231 Metres above the Modelled IP Target as
Copper and Alternation Strengthened at Depth
Vancouver, British Columbia – September 9, 2026 – NRED Intelligent Mining Inc. (CSE: NRED) (OTCQB:
NREDF) ("NRED" or the "Company") is pleased to announce that an integrated review of historical drilling,
re-sampled drill core, magnetic susceptibility data , and 3D induced -polarization (“IP”) modelling has
advanced the Eagle target as a priority deep drill target at the Wilmac Copper -Gold Project in British
Columbia.
The key finding is straightforward: historical drilling stopped before reaching the strongest model led
geophysical target. The 2014 drill holes ended approximately 107 to 231 metres above their modelled
chargeability peaks, which occur broadly between 300 and 450 metres depth. Importantly, the better
historical holes also showed increasing copper values and alteration toward the bottom of the holes. At the
Eagle target, hole WS14 -004 ended at only approximately 133 metres depth, while the modelled
chargeability response strengthens significantly below the hole. NRED is therefore proposing to deepen the
existing Eagle hole by approximately 250 metres, subject to confirming that the hole remains open and
accessible.
“Eagle gives us a clear target and a clear test,” said Brian Goss, Chief Executive Officer of NRED. “The
previous drilling stopped well above the strongest modelled target, while copper, alteration and geophysical
evidence point deeper. Rather than speculate, our objective is simple: drill deeper and test the target.”
Historical Drilling Shows Increasing Copper at Depth
Four diamond drill holes totaling approximately 728 metres were completed in 2014 across the Bolas,
Trojan, Raven and Eagle targets. Re-logging and re-sampling of the historical core in 2024 identified broader
copper-bearing intervals than recognized by the original selective sampling, including:
* 26.83 metres averaging 381 ppm copper in WS14-002, including 3.13 metres averaging 1,084 ppm copper
* 24.16 metres averaging 262 ppm copper in WS14-001
The better mineralized holes show copper and alteration strengthening downward. These results do not
establish economic mineralization, but support testing below the depth reached by the historical drilling.
Multiple Data Sets Point to a Deeper Target
The Company’s integrated review places the principal area of interest significantly below the historical
drilling. The modelled IP chargeability peaks occur broadly between 300 and 450 metres depth.
Independent magnetic interpretations provide a similar depth range, including airborne modelling indicating
approximately 290 to 410 metres and 3D ground magnetic modelling placing a s usceptible body near 400
metres.
Forward modelling indicates that a shallow source can explain part of the observed IP response. However,
the deeper model provides the better explanation for the strongest anomalous readings. The deeper target
remains an exploration interpretation that can only be confirmed through drilling.
Core Measurements Strengthen the Geological Model
NRED collected 679 magnetic susceptibility measurements from the historical drill core during the 2024
program. Across approximately 250 matched intervals, magnetic susceptibility decreased as sulphur
increased, with median susceptibility falling by roughly three times between low-sulphur rock and intervals
containing more than 0.5% sulphur. The results provide property -specific evidence that sulphidation can
destroy magnetite within the Trojan-Condor system and strengthen the geological basis for using localized
magnetic lows as one potential alteration indicator.
Subject to confirming access to the historical hole, NRED proposes to deepen WS14-004 by approximately
250 metres and conduct downhole IP, resistivity and magnetic susceptibility measurements together with
complete multi -element and gold analysis. The program will be designed to answer a fundamental
exploration question: does the shallow altered and pyritic system encountered in historical drilling
strengthen into a more significant sulphide -bearing system at depth? No drill program is currently
scheduled and would not occur prior to the 2027 field season at the earliest and would be subject to
financing.
Option Agreement Status
The Wilmac copper -gold project comprises 16,078 hectares located southwest of Princeton and
approximately 10 kilometres west of Hudbay Minerals Inc.’s producing Copper Mountain Mine. NRED hold
an interest in the Project pursuant to two option agreements concerning what are known as (1) the Wilmac
and Lamont claims and (2) the Trojan-Condor Corridor claims.
The Company was required to make a $125,000 cash payment by September 1, 2026 in order to keep the
first option agreement in good standing, and was required to make a cash payment of $100,000 and to fund
exploration expenditures of $100,000 on August 31, 2026. NRED has not made any of these payments and
the option agreements are currently not in good standing. The optionors of the claims comprising the Project
have not provided the Company with notice of termination, but may do so on seven day’s notice.
Qualified Person
The scientific and technical information in this news release, including the geological interpretations
described herein, has been reviewed and approved by Rick Walker, P.Geo., a Qualified Person as defined
by National Instrument 43 -101 ("NI 43 -101"). Mr. Walker is not independent of the Company within the
meaning of NI 43 -101. The interpretations described above are conceptual and rely in part on historical,
third-party data that the Company has not independently verified. No mineral resources or mineral reserves
have been identified on the Project.
About NRED Intelligent Mining Inc.
NRED Intelligent Mining Inc. (CSE: NRED) (OTCQB: NREDF) is a mineral exploration company focused on
the identification, acquisition, exploration and development of copper -gold porphyry projects in British
Columbia, leveraging an artificial intelligence-enhanced geospatial technology platform that it developed to
identify and evaluate prospective mineral properties. The Company’s optioned Wilmac copper-gold project
comprises 16,078 hectares located within the Quesnel porphyry belt in the Similkameen Mining D ivision,
southwest of Princeton and approximately 10 kilometres west of Hudbay Minerals Inc.’s producing Copper
Mountain Mine.
Readers are cautioned that the discussion of mineralization, alteration or grades on adjacent, similar or
analogous properties , including the Copper Mountain Mine , is not necessarily indicative of the
mineralization or potential of the Wilmac Copper-Gold Project. The Company has no interest in, or right to
acquire any interest in, any such properties.
ON BEHALF OF NRED INTELLIGENT MINING INC.
Brian Goss
Chief Executive Officer
FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.
Forward-looking information includes, but is not limited to, statements regarding: the interpretation of geological,
geochemical and geophysical data, which were used to identify the Eagle drill target on the Wilmac Project, including the
timing and details of anticipate work, such as drilling, as well as the process and timing for obtaining results; the inference
that the historical data that the Company has analyzed to date , as interpreted, suggest that the Wilmac Project may
potentially host economic quantities of copper; and the Company’s intention and ability to satisfy the cash payment, share
issuance, and exploration expenditure milestones required to exercise the option agreements respecting the Wilmac
Project.
Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at
the date of this news release, are inherently subject to significant business, economic and competitive uncertainties and
contingencies. Such assumptions include, without limitation: the accuracy of current geological interpretations, including
the interpretation of data described in this news release; the accuracy and completeness of the third-party historical data
on which the interpretation rests; the availability of adequate funding to complete the proposed exploration and
subsequent analyses ; the ability of the Company’s geophysical contractors and geological consultants to complete
contemplated exploration on schedule; favourable weather, terrain and field conditions; access to the Project area; the
availability of qualified personnel; the receipt of all necessary permits and authorizations for planned exploration; and the
continued cooperation of the optionors under the terms of the relevant option agreements.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual
results, performance or achievements to differ materially from those expressed or implied by such forward -looking
information. Important risk factors include, but are not limited to: the possibility that the interpretations described are
not ultimately accurate; additional exploration and drilling do not support the interpretation described; the continued
availability of capital and financing; the ability to satisfy option earn-in requirements on the timelines contemplated; risks
inherent in mineral exploration; adverse weather or terrain conditions ; tenure grant, renewal and permitting outcomes,
including under British Columbia’s revised mineral tenure system; Indigenous and community consultation requirements;
changes in applicable laws and regulations; the ability to retain key personnel and contr actors; litigation; failure of
counterparties to perform their contractual obligations; and general economic, market or business conditions. Readers
are cautioned not to place undue reliance on forward -looking information. The Company undertakes no obligat ion to
update or revise any forward-looking information, except as required by applicable securities laws.
Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy
or accuracy of this news release.