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Golden Age Expands BC Gold Portfolio with Black Hawk and Thompson Claims

Golden Age Exploration Ltd. is holding a strong grip and strengthening its presence in British Columbia with the strategic optioning of the high-grade Black Hawk Project and the outright acquisition of the adjacent Thompson Claims. These kinds of transactions have significantly expanded the Company’s exploration footprint in the proven, mining-friendly jurisdiction and reinforce its focus on building district-scale gold opportunities.

Together, the Black Hawk Project and Thompson form a consolidated 4,630-hectare land package that is located approximately 19 kilometres north-northwest of Vernon, British Columbia, an area that has strong geological potential and established infrastructure.

High Grade Potential at the Black Hawk Gold Project

The Black Hawk Project spans an area of 330 hectares and represents a key growth asset for Golden Age Exploration. Under the terms of an option agreement with three individual optionees, the Company has the right to earn 100% interest in the property for over a 4-year period through a combination of cash payments, share issuances, and exploration expenditures.

 

The staged structure of the option gives the privilege of allowing the Golden Age to advance exploration in alignment with results. The initial consideration consists of a $20,000 cash payment that is due on February 28, 2026, followed by progressively larger exploration investments and payments over the life of the agreement. This kind of approach supports disciplined capital allocation while also enabling systematic project advancement. 

District-Scale Expansion with the Thompson Claims

Complementing the Black Hawk option, Golden Age has acquired a 100% interest in the Thompson Claims, a large 4,300-hectare land package directly adjacent to the Black Hawk Project. The claims were purchased outright for $26,000, providing the Company with immediate ownership and full exploration control.

 

This acquisition transforms the area into a district-scale opportunity, allowing Golden Age to evaluate regional structures, explore extensions of known mineralisation, and test new targets across a much broader land position. Consolidation at this scale is a key component of the Company’s strategy to identify “best-in-class” gold assets with meaningful upside.

The Thompson Claims: Large-Scale Potential

Outright Ownership and Regional Scale: The 4,300 adjacent hectares, 100% owned by the Company, and the Blackhawk Project form a land package capable of hosting a significant amount of mineralization. Blackhawk covers a 2.25-kilometre gold-in-soil anomaly, and the broader land package shows several target areas with anomalous gold values associated with favourable structural controls and other gold occurrences (e.g., the Irish Showing).

Geological Setting and Prospectivity: The Project is situated in a highly prospective region of British Columbia and is characterized by structurally controlled, shear-hosted, quartz-vein and breccia-style mineralization. Our current understanding, informed by historical data and modern analytical tools, suggests the possibility of multiple underexplored gold-bearing structures.

Positioning for Long-Term Growth

With the addition of the Black Hawk Gold Project and Thompson Claims, Golden Age Exploration has assembled a compelling, consolidated land package in British Columbia. Combined with a refined exploration plan at the Magic Property and a disciplined, technology-enhanced approach to project evaluation, the Company is well-positioned to advance its portfolio and create long-term shareholder value.

Dave McAdam

Dave McAdam
Chief Financial Officer

GOLDEN AGE EXPLORATION

Mr. David McAdam brings more than 35 years of handson finance and operations experience, having served in senior executive roles including Chief Financial Officer, Vice President of Finance, and Vice President of Operations across public and private companies in North America and South Africa.

Mr. McAdam has held CFO positions with several public and privately held organizations, including multiple mining companies. His experience includes serving as CFO of a Vancouverbased TSXlisted mining company with producing assets in South Africa and public reporting obligations across the TSX, AIM, and JSE exchanges. His background also spans sectors such as EnglishasaSecondLanguage education, where he provided executive advisory and investor relations support, and a Fortune 150 waste management and recycling company, where he served as Vice President of Operations and Director of Finance. In these roles, he regularly reported to public company Audit, Safety, and Risk Committees and delivered full Board presentations within a Fortune 150 environment.

Most recently, Mr. McAdam has focused on providing executive advisory and consulting services to small and mediumsized startup enterprises. He currently serves as CFO advisor to Bathurst Metals Corp. (TSX.V) as well as several private mining companies in Canada.

Mr. McAdam holds a Bachelor of Commerce degree from the University of British Columbia and a Securities Institute of Canada Certificate.

Aziz UR

Aziz-Ur Rehman,
Chief Financial Officer

GOLDEN AGE EXPLORATION

Aziz-ur Rehman, CPA, CGA, ACCA(UK), BGS
Chief Financial Officer

GOLDEN AGE EXPLORATION

Mr. Rehman is a Chartered Professional Accountant, Certified General Accountant(CPA, CGA) and Chartered Certified Accountant(ACCA) from the United Kingdom. He attended Langara College and then graduated from Athabasca University with a Bachelor of General Studies(BGS). Mr. Rehman has a broad range of financial accounting and management accounting experience and served various private and publicly listed junior mining companies during the last 12 years.

Ehsan image

Ehsan Salmabadi,
Qualified Person (“QP”) / Director

GOLDEN AGE EXPLORATION

Ehsan Salmabadi, B.Sc.(Geology), P. Geo. and Qualified Person (“QP”)

Mr. Salmabadi has worked in the mining industry since 2007 and has a broad base of previous experience in not only exploration but also mine development and operation. Mr. Salmabadi began his career working for exploration companies and decided to move to a mine setting to expand his breadth of knowledge. He served as an Underground Mine Geologist, then Senior Geologist at North American Tungsten Corp. at the Cantung Mine in the Northwest Territories where he was involved in increasing mineral resources, reserve development, and long-range planning. Since then, Mr. Salmabadi has taken his mining and exploration experience and applied it as a consultant to exploration projects in Canada and the United States. Mr. Salmabadi holds a Bachelor of Science in geology from the University of British Columbia and is registered as a Professional Geologist (P.Geo.) with the Engineers and Geoscientists of BC. He served as the Vice President of Exploration for Stuhini Exploration Ltd as Senior Geologist at Stuhini from 2019 until 2025 and currently is a senior project Geologist with Fireweed Metals Corp.

Andrew in snow

Andrew Wilkins, Project Geologist

GOLDEN AGE EXPLORATION
I have balanced work in two professions for over 30 years. During the winter months, I have worked as a ski guide in the helicopter skiing industry since 1986. This included being a business partner with Whistler Heli-Skiing from 1994 to 2006 before selling the company to Whistler/Blackcomb. For the remainder of the year, I have worked in the mining exploration industry as an exploration geologist since 1981. Over the years, I have specialized in working in rugged mountainous environments. More recently, I have managed medium sized exploration projects in Canada, USA, Mexico and Argentina. I am currently QP for Mountain Boy Minerals and Stuhini Exploration.
Tibor Image

Tibor Gajdics,
President / Director

GOLDEN AGE EXPLORATION
Licensed to manage investments for individual clients in 1982 at Yorkton Securities, Tibor retired in 1998 and has since established himself as a specialist in corporate governance, project finance, mergers and acquisitions. With over 35 years in the business of raising equity for start ups and mid-tier companies, Tibor specializes in structuring early stage companies and identifying the financial instruments best suited for each venture. He also has extensive experience internationally in mining, focused on gold exploration, development and production. Most recently, as founding member and President of biotech company, KOP Therapeutics Corp, Tibor has raised more than $3M in equity capital for KOP and developed a pathway to commercialization of a new cancer drug platform with a target date for FDA approved human trials in 2024 – 2025. KOP Therapeutics’ mission is to support biomedical scientific research by working closely with lead investigators / scientists to discover leading edge scientific breakthroughs to improve human health.
Kevin Hanson

Kevin Hanson, Director

GOLDEN AGE EXPLORATION
Kevin Hanson, B.A.(Commerce), C.P.A, C.A., C.P.A. (Nevada)

Mr. Hanson is a Chartered Accountant, Certified Public Accountant since 1983 and C.P.A. (Nevada) with more than 43 years experience in the financial reporting and 29 years in auditing of publicly traded companies. From January 1991 to December 2007, Mr. Hanson was a partner with Amisano Hanson, a public accounting firm which merged with BDO Dunwoody LLP (predecessor to BDO Canada LLP) in December 2007 and continued as a consultant with BDO Canada LLP, Chartered Accountants until 2011. From 1987 to 1991, Mr. Hanson provided services as a controller of seven reporting public companies. From 1994 until 1998, Mr. Hanson served as a member of the Technical Subcommittee to the British Columbia Securities Commission and the Vancouver Stock Exchange. From 1993 to current, Mr. Hanson has been directly involved with public companies, in both Canadian and US markets, including incorporation, IPO’s, management, financing and project acquisition services. Mr. Hanson was a director of two junior capital pool companies, Pender Capital Corp, from 1993 to 1995, and Commercial Consolidators Corp. (formerly Balmoral Capital Corp.) from May 1998 to October 1999. Mr. Hanson was the President and a director of Petro River Oil Corp., (formerly Brockton Capital Corp.) from February 2000 to December 2007 and a director of Coastal Gold Corp (formerly Ridgemont Capital Corp.) from July, 2008 to November, 2010. Mr. Hanson was also a director and Chief Financial Officer of Taal Distributed Information Technologies Inc. (formerly Squire Mining Ltd.) from August 2014 until March 2018. Mr. Hanson has been a director of Golden Age Exploration Ltd from February 2021 to current and President / CFO from January 11, 2022 to current.
Kevin

Kevin Hanson, President

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Mr. Hanson is a Chartered Accountant, Certified Public Accountant since 1983 and C.P.A. (Nevada) with more than 35 years experience in the financial reporting and 25 years in auditing of publicly traded companies. From January 1991 to December 2007, Mr. Hanson was a partner with Amisano Hanson, a public accounting firm which merged with BDO Dunwoody LLP (predecessor to BDO Canada LLP) in December 2007 and continued as a consultant with BDO Canada LLP, Chartered Accountants until 2011. From 1987 to 1991, Mr. Hanson provided services as a controller of seven reporting public companies. From 1994 until 1998, Mr. Hanson served as a member of the Technical Subcommittee to the British Columbia Securities Commission and the Vancouver Stock Exchange. From 1993 to current, Mr. Hanson has been directly involved with public companies, in both Canadian and US markets, including incorporation, IPO’s, management, financing and project acquisition services. Mr. Hanson was a director of two junior capital pool companies, Pender Capital Corp, from 1993 to 1995, and Commercial Consolidators Corp. (formerly Balmoral Capital Corp.) from May 1998 to October 1999. Mr. Hanson was the President and a director of Petro River Oil Corp., (formerly Brockton Capital Corp.) from February 2000 to December 2007 and a director of Coastal Gold Corp (formerly Ridgemont Capital Corp.) from July, 2008 to November, 2010. Mr. Hanson was also a director and Chief Financial Officer of Taal Distributed Information Technologies Inc. (formerly Squire Mining Ltd.) from August 2014 until March 2018. Mr. Hanson is also a director and Chief Financial Officer of Zena Mining Corp. (formerly Zena Capital Corp.), since February 2000, a public industrial minerals company involved in the exploration of barite in British Columbia.