CSE:GDN
Thompson Claims: Large-Scale Potential Outright Ownership & Regional Scale: The 4,300 adjacent hectares, 100%
owned by Company, and the Black Hawk Project form a land package capable
of hosting a significant amount of mineralization. The Black Hawk covers a 2.25- kilometre gold-in-soil anomaly, and the broader land package shows several
target areas (see maps below) with anomalous gold values associated with
favourable structural controls and other gold occurrences (e.g., the Irish
Showing).
Focused on the Nechako/Nazko region in British Columbia, Canada, Golden Age’s Magic Property has some of the same geological characteristics as the Blackwater Davidson Gold Project located 105 kilometers to the northwest. The Magic Property is believed to lie along a northwest trending deep-seated geological structure, the “Golden Line”, that includes the Blackwater, Capoose and Windfall Hills low sulphidation epithermal gold-silver deposits to the north and the past producing Blackdome Gold Mine to the south-southeast.
The Blackwater gold deposit consists of a measured and indicated mineral resource of 11.67 mm oz of Au and 122.38 mm oz of Ag.(596.765 mm tonnes at 0.65 g/t Au equivalent at a cut-off grade of 0.20 g/t Au equivalent)1 In 2020, Artemis Gold Inc. (TSX-V) acquired the project for C$190 million cash, C$20 million in shares and an 8% gold stream to the vendor. As noted in the Canadian Mining Journal, January 2023, Artemis is preparing to spend $645 million to bring the mine into production, with the first gold pour planned for the 3rd quarter of 2024.
165 kilometers south-southeast of the Magic Property along the “Golden Line” sits the past producing Blackdome Gold Mine1 which produced 6,303 kilograms of gold at an average mill head grade of 21.9 grams per tonne and 19,518 kilograms of silver from 305,614 tonnes of ore from a low-sulphidation, structurally controlled, epithermal gold system between April 1986 to July 1990 (Northern Miner, August 20, 1990) a low-sulphidation epithermal deposit. Tempus Resources Ltd., which owns 100% of the Blackdome property, drilled over 80 drill holes in 2022, and as of January 30, 2023, has now delinieated six veins that will contribute to its updated JORC/NI43-101 resource estimate in the first half of 2023. Further drilling is expected for 2023. The Blackdome property has a flotation and gravity mill with design capacity of 200 tonnes per day and remains in good standing for future production (Tempus Resources Ltd. website).
1. Kalanchey, R, Bird, S., Dermer, G., Schulte, M., Fontaine, D., Garner, J., Schmitt, R., Dockrey, J., Thomas, J.A. (2021): Blackwater Gold Project NI 43-101 Technical Report on Updated Feasibility Study British Columbia, Canada.
The potential geological similarity and general proximity of the Blackwater Gold Project and Blackdome Gold Mine to the Magic Property is not necessarily indicative of the gold mineralization, if any, present at the Magic Property.
Focused on the Nechako/Nazko region in British Columbia, Canada, Golden Age’s Magic Property has some of the same geological characteristics as the Blackwater Davidson Gold Project located 105 kilometers to the northwest. The Magic Property is believed to lie along a northwest trending deep-seated geological structure, the “Golden Line”, that includes the Blackwater, Capoose and Windfall Hills low sulphidation epithermal gold-silver deposits to the north and the past producing Blackdome Gold Mine to the south-southeast.
The Blackwater gold deposit consists of a measured and indicated mineral resource of 11.67 mm oz of Au and 122.38 mm oz of Ag.(596.765 mm tonnes at 0.65 g/t Au equivalent at a cut-off grade of 0.20 g/t Au equivalent)1 In 2020, Artemis Gold Inc. (TSX-V) acquired the project for C$190 million cash, C$20 million in shares and an 8% gold stream to the vendor. Artemis commenced production in May 2025 and forecast production for 2025 is between 190,000 – 230,000 ounces of gold.
165 kilometers south-southeast of the Magic Property is the past producing Blackdome Gold Mine1 which produced 6,303 kilograms of gold at an average mill head grade of 21.9 grams per tonne and 19,518 kilograms of silver from 305,614 tonnes of ore from a low-sulphidation, structurally controlled, epithermal gold system between April 1986 to July 1990 (Northern Miner, August 20, 1990) a low-sulphidation epithermal deposit. Tempus Resources Ltd., which owns 100% of the Blackdome property, drilled over 80 drill holes in 2022, and as of January 30, 2023, has now delinieated six veins that will contribute to its updated JORC/NI43-101 resource estimate in the first half of 2023. Further drilling is expected for 2023. The Blackdome property has a flotation and gravity mill with design capacity of 200 tonnes per day and remains in good standing for future production (Tempus Resources Ltd. website).
1. Kalanchey, R, Bird, S., Dermer, G., Schulte, M., Fontaine, D., Garner, J., Schmitt, R., Dockrey, J., Thomas, J.A. (2021): Blackwater Gold Project NI 43-101 Technical Report on Updated Feasibility Study British Columbia, Canada; Artemis news release May 20, 2025.
The potential geological similarity and general proximity of the Blackwater Gold Project and Blackdome Gold Mine to the Magic Property is not necessarily indicative of the gold mineralization, if any, present at the Magic Property.
The Company is planning its 2025 fall exploration program, which is a continuation of its Phase 1 MMI™ soil geochemical sampling program and rock sampling. Specifically, the Company’s sampling program is planned to include trenching to better examine the bedrock where the altered volcanics were discovered. This would include two 200-metre trenches across the gold, silver, and cadmium MMI™ soil anomaly to test for mineralization associated with the anomaly. To conduct this fall exploration program, the Company required a permit from the British Columbia Minister of Mines (submitted in the fall of 2024) which was received in July 2025 (subject to payment of a reclamation bond and other miscellaneous requirements).
The Company has continued additional Phase 1 exploration work in the summer of 2024 to better examine the bedrock where the altered volcanics were discovered, which included MMI Lines, before commencing the next phase of exploration. The Company commenced the process to apply for permits allowing the Company to proceed with follow-up work, including trenching, to better examine the bedrock where the altered volcanics were discovered. The Company has had an informal preliminary meeting with representatives of the Nazko First Nation in June 2024, including the Nazko Economic Development Corporation, wherein they indicated their willingness to work with the Company on this project. In November 2024, the Company filed a current Geochemical Assessment Report with the B.C. Ministry of Mines and a Record of Work, which extended the claims expiration to July 2027.
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 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 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.
