Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Zodiac Gold Inc. (TSXV: ZAU) ("Zodiac Gold" or the "Company"), a West-African gold exploration company, is pleased to announce further assay results from its ongoing Phase Three drilling program at the Arthington target within its flagship Todi Gold Project in Liberia. These results continue to confirm Arthington's potential to host a large-scale, multi-zone gold system comparable to other major West African discoveries. The latest results are from drill holes ADD035 and ADD036, which were designed to test the continuity and potential extensions of gold mineralized zones intersected in previous drilling. Results continue to support the presence of a robust mineralized system and highlights of the drilling program to date include:
- ADD033: 12m at 3.31 g/t Au (including 7m at 5.26 g/t Au), 9.5m at 1.08 g/t Au (including 3.49m at 2.04 g/t Au) and 4.04m at 2.15 g/t Au, beginning 30m below surface.
- ADD034: 20.55m at 1.17 g/t Au (including 3.25m at 2.27 g/t Au and 2m at 4.58 g/t Au), beginning 55m below surface.
- ADD035: 17.51m at 0.97 g/t Au* (including 3.58m at 2.56 g/t Au g/t Au), beginning 68m below surface.
- ADD036: 9.80m at 2.19 g/t Au* (including 0.42m at 42.22 g/t Au within a wider interval of 5.05m at 4 g/t Au*) and 11.44m at 0.98 g/t Au* (including 3.37m at 2.23 g/t Au), beginning 69m below surface.
David Kol, President & CEO of Zodiac Gold, commented: "These results continue to validate our geological model and confirm the scale, continuity, and potential high-grade nature of the Arthington system. The intersection of 42 g/t gold at depth, along with broad mineralized zones near surface, is a clear signal that Arthington is emerging as one of the most promising gold discoveries in West Africa. We're excited by the momentum we're building and the potential we continue to unlock across the Todi Gold Project."
Following the broad near-surface gold intercepts reported in ADD033 and ADD034, results from ADD035 further underscore the strong continuity of mineralization at the Arthington target. To the east of the Red Hill Field artisanal workings, ADD036 successfully intersected the interpreted extensions of the mineralized zones and confirmed additional zones to the south of previous intercepts (Map 1). Follow-up drilling to evaluate continuity to the east of ADD036 is on-going in holes ADD037 to ADD039.
The results also confirmed the presence of high-grade gold at the Arthington target, highlighted by the intersection of 0.42m at 42.22 g/t Au in ADD036, approximately 100m below surface. This result builds on previously reported high-grade intercepts at Arthington, including 3.00m at 20.45 g/t Au in ADD004 (51m below surface), 3.00m at 20.36 g/t Au in ADD007 (74m below surface), and 1.14m at 16.80 g/t Au in ADD024 (110m below surface).
Gold mineralized zones are west-northwest-trending (Map 1), dipping between 60 and 90o to the south-southwest, and are hosted in sheared amphibolite and melanocratic gneiss.
Map 1: Results from ADD033 to ADD036 with interpreted mineralized zones at the Arthington target
Drill hole collar data for ADD033 to ADD036 is shown in Table 1 and significant intersections are shown in Table 2.
Table 1: Collar Data for ADD033 and ADD036
| Hole ID | Easting (WGS84) | Northing (WGS84) | Elevation (m) | Azimuth | Dip | Depth (m) |
| ADD033 | 323452 | 722616 | 65 | 0 | -50 | 161.10 |
| ADD034 | 323335 | 722622 | 60 | 12 | -50 | 181.05 |
| ADD035 | 323384 | 722586 | 60 | 12 | -65 | 243.70 |
| ADD036 | 323530 | 722562 | 50 | 12 | -50 | 150.65 |
Table 2: Significant Intersections – ADD033 to ADD036
| Hole ID | From (m) | To (m) | Interval (m) | Average Au (g/t) |
| ADD033 | 11.6 | 12.6 | 1.00 | 0.27 |
| ADD033 | 16.9 | 18 | 1.10 | 0.21 |
| ADD033 | 34 | 39 | 5.00 | 0.34 |
| ADD033 | 42 | 46.04 | 4.04 | 2.15 |
| Including | 44 | 45 | 1.00 | 6.28 |
| ADD033 | 49.5 | 59 | 9.50 | 1.08 |
| Including | 53.31 | 56.8 | 3.49 | 2.04 |
| ADD033 | 68 | 69 | 1.00 | 0.25 |
| ADD033 | 71 | 72 | 1.00 | 0.34 |
| ADD033 | 76 | 88 | 12.00 | 3.31 |
| Including | 78 | 85 | 7.00 | 5.26 |
| Including | 81 | 82 | 1.00 | 11.73 |
| ADD033 | 92.62 | 94.6 | 1.98 | 0.60 |
| ADD033 | 97 | 99.19 | 2.19 | 0.43 |
| ADD033 | 109.75 | 110.83 | 1.08 | 0.62 |
| ADD033 | 122.8 | 123.8 | 1.00 | 0.24 |
| ADD033 | 135 | 136 | 1.00 | 1.09 |
| ADD033 | 142 | 143 | 1.00 | 0.27 |
| ADD034 | 44 | 48 | 4.00 | 0.43 |
| ADD034 | 57 | 61 | 4.00 | 0.29 |
| ADD034 | 74.45 | 95 | 20.55 | 1.17 |
| Including | 76.75 | 80 | 3.25 | 2.27 |
| Including | 84 | 86 | 2.00 | 4.58 |
| ADD034 | 98 | 99 | 1.00 | 0.95 |
| ADD034 | 113 | 115 | 2.00 | 0.48 |
| ADD034 | 123 | 125 | 2.00 | 0.22 |
| ADD034 | 128 | 129 | 1.00 | 0.20 |
| ADD035 | 15 | 16 | 1.00 | 0.68 |
| ADD035 | 38 | 39 | 1.00 | 0.99 |
| ADD035 | 75.34 | 92.85 | 17.51 | 0.97* |
| Including | 75.34 | 78.92 | 3.58 | 2.56 |
| Including | 77.3 | 78.92 | 1.62 | 4.27 |
| Including | 87.63 | 92.85 | 5.22 | 1.12 |
| ADD035 | 100 | 101 | 1.00 | 0.23 |
| ADD035 | 106 | 108 | 2.00 | 0.34 |
| ADD035 | 136 | 143.6 | 7.60 | 0.44 |
| Including | 136.69 | 137.7 | 1.01 | 1.15 |
| ADD036 | 50.7 | 54 | 3.30 | 0.38 |
| ADD036 | 69.61 | 81.05 | 11.44 | 0.98* |
| Including | 69.61 | 77.7 | 8.09 | 1.19 |
| Including | 73.33 | 76.7 | 3.37 | 2.23 |
| ADD036 | 111.2 | 121 | 9.80 | 2.19* |
| Including | 115.95 | 121 | 5.05 | 4.00* |
| Including | 115.95 | 117.2 | 1.25 | 14.39 |
| ADD036 | 120 | 121 | 1.00 | 1.92 |
Note that significant intersections have been determined as intervals above 0.2 g/t Au with a minimum length of 1m and a maximum of 2m of consecutive samples below 0.2 g/t Au, except where intervals are marked with an asterisk (*). Intervals marked with an asterisk include between 2.38 and 4.08 consecutive meters below 0.2 g/t Au, however these samples average 0.1 g/t Au and above, suggesting the continuation of the mineralized envelope. Intervals are drilled rather than true thicknesses and it is estimated that true thicknesses for the intervals in ADD033 to ADD036 are approximately 70-90% of drilled thickness.
Drilling, Sampling and QA/QC Procedures
The drilling program at Arthington is being completed by a Fordia Eider 2000 diamond drill rig with HQ and NQ core diameter. Core recoveries for holes ADD033 to ADD036 were approaching 100% overall. The easting, northing and elevation data shown in Table 1 have been recorded using handheld GPS only and will be surveyed by differential GPS at a later date.
Drill core was transported a short distance from the drill site to the Company's exploration camp at Arthington. After geological logging, the core was cut along the long axis using a diamond core saw, with half being sampled and half retained. Where the core was too soft for cutting (in the oxide zone), the core was split using a spatula. Core sampling was completed by Zodiac Gold's geological team, supervised by senior company personnel. All samples met the standards for chain of custody without the opportunity for third party access from Zodiac Gold's exploration camp to SGS Liberia in Monrovia for sample preparation (SGS method PRP87). Each sample was analyzed by 50g fire assay with an atomic absorption finish by SGS Ghana (SGS method FAA505). All samples returning a grade over 10 g/t Au will be reanalyzed by 50g fire assay with a gravimetric finish (SGS method FAG505).
SGS Ghana is ISO/IEC 17025 accredited for the methods described above. SGS Liberia is not an accredited laboratory but follows standard SGS sample preparation procedures. SGS is independent of Zodiac Gold. In addition to the laboratory's quality control program, a rigorous quality assurance and quality control program is implemented by the Company, including the insertion of blanks, standards and duplicates to ensure reliable assay results. Quality assurance and quality control data are monitored by the Company.
Qualified Person
Tom Dowrick, Director of Exploration at Zodiac Gold, is a Chartered Geologist of the Geological Society of London and a Qualified Person as defined by NI 43-101. He has reviewed and approved the technical and scientific information provided in this release.
About Zodiac Gold
Zodiac Gold Inc. (TSXV: ZAU) is a West-African gold exploration company focused on its flagship Todi Project situated in Liberia—an underexplored, politically stable, mining friendly jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi Shear Zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast 2,316 km2 land package. The Todi gold project has undergone de-risking, showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, of which two have been drilled and high-grade gold intercepts.
For further information, please visit the Zodiac Gold website at www.zodiac-gold.com or contact:
David Kol
President & CEO
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Forward-Looking Information
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Forward-looking statements include predictions, projections, and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Company's planned exploration programs and drill programs and potential significance of results are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company's expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital, and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials, and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events, or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate, and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
