Upside Gold Corp. reports high-grade gold, silver & copper results from Kena Property, identifying 22 drill targets beyond historic resource. Exploration updateUpside Gold Corp. reports high-grade gold, silver & copper results from Kena Property, identifying 22 drill targets beyond historic resource. Exploration update

Upside Gold Corp. Identifies 22 Drill Targets at Kena Gold-Copper Property, Revealing Expansion Potential

2026/02/04 01:34
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Upside Gold Corp. has released results from its initial surface exploration program at the Kena Gold-Copper Property in southeastern British Columbia, confirming multiple high-grade showings and defining 22 priority diamond drill targets. The findings indicate the mineralized system extends significantly beyond the boundaries of a historic gold resource, suggesting strong potential for resource expansion.

The July 2025 field program, which involved geological traverses and rock sampling, returned assays up to 26.1 grams per tonne gold, 179 g/t silver, and 1.68% copper from areas outside the known Kena lode gold body. These results support the existence of a large, multi-zone mineralized system aligned with major geological structures and coincident geochemical and geophysical anomalies. Company CEO Sophy Cesar stated the results support the exploration model and help define priority targets for follow-up diamond drilling beyond the existing resource.

Three areas beyond the historic resource boundaries are considered particularly promising. The Lower and Upper Euphrates showings, located in the southern half of the property and now accessible via new logging roads, reported an average of 8.61 g/t Au and 31.6 g/t Ag from nine grab samples, with no known prior drilling in the area. A cluster of showings including Cat, Shaft, Dighem, and Princess, aligned along the east side of the gold body, returned analyses up to 1.68% Cu, 5.41 g/t Au and 18 g/t Ag, and are associated with a strong induced polarization chargeability anomaly. Historically, only five reconnaissance drill holes have tested this area.

The Kena Copper Zone and adjoining South Gold Zone extend southeast from the main gold body for three kilometres. Historic drilling there reported multiple wide intersections of copper and gold values starting near surface, including 117 metres of 0.22% Cu and 0.14 g/t Au. Surface rock samples collected during the 2025 program, with values up to 1.31 g/t Au, support the potential for these zones to host significant volumes of mineralized material. The company’s compilation work, including a review of the property’s exploration database dating to the mid-1970s, indicates the mineralized system extends into the southern half of the property, an area with minimal prior detailed exploration or drilling.

The technical information in the release was reviewed and approved by Qualified Person Trevor Boyd, P.Geo., Vice-President of Exploration, under NI 43-101 standards. The company emphasizes that a historical resource estimate for the property, detailed in a technical report titled NI 43-101 RESOURCE ESTIMATE FOR THE KENA AND DAYLIGHT PROPERTIES by Sue Bird of Moose Mountain Technical Services and filed on SEDAR, is not treated as a current mineral resource. Upside Gold states additional drilling is required to upgrade the historical estimate. The Kootenay region of southeastern British Columbia has historically been overlooked for gold and copper exploration, presenting discovery opportunities. For more information, visit the Company’s website at https://www.upsidegoldcorp.com.

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