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· collected 2026-08-31 · by GlobeNewswire, Inc.
— Blue Jay Gold Corp. (TSXV: JAY) (OTCQB: JAYGF) (FSE: JAY) (“Blue Jay” or the “Company”), is pleased to announce that it has commenced drilling at the Becker-Cochran antimony-silver occurrence on its 100%-owned Steller Gold Project (“Steller” or the “Project”) in southern Yukon (Figures 1&2).
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it → announce → Yukon
The Company has planned ten drill holes to test the target.
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Company → plan → target
Blue Jay also expects to receive and publish initial assay results from its 2026 drill program at the Skukum Creek and Mt. Skukum gold-silver deposits in September.
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Jay → expect → September
“The underground development at Becker-Cochran stopped in the 1960’s because the antimony price collapsed, not because the target wasn’t promising,” said Geordie Mark, CEO of Blue Jay Gold.
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Mark → stop → Gold
“The scope of earlier works were limited by time, and not the scale of the antimony systems.
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scope → limit → systems
Mineralizing systems of this style extend laterally for several kilometres, and the surface exposures at Becker-Cochran carry stibnite needles set in opaline silica and chalcedony textures.
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exposures → mineralize → textures
Textures of that kind typically form at or near the top of such a system.
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Textures → form → system
The Company’s interpretation is that the historical underground development, which reached less than 100 metres below the surface outcrop, worked only the uppermost part of the system, and that the system may extend as much as 600 metres below surface.
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system → reach → surface
That figure is based on our own interpretation of the available data.”
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figure → base → data
“We see considerable potential to extend the defined lateral and vertical continuity of mineralization of the system.
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We → see → system
We have designed a Phase 1 drill program at Becker-Cochran to test extensions of known antimony mineralization, complementing our ongoing metallurgical work assessing antimony concentrate product quality.
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We → design → quality
Antimony is a critical mineral the Western world is short of, and we have it right here in our backyard.
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we → have → backyard
If these holes tell us what we hope they will, Steller carries a second and entirely different endowment alongside its known gold and silver resources and that is exactly why we believe Steller is a district play rather than a single deposit.
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Steller → tell → resources
”
What the Becker-Cochran Drill Program Is Testing
The holes are planned along the strike length of the historical underground development at Becker-Cochran and are designed to test the down-dip continuation of the mineralized shear zone below the two levels developed in the mid-1960’s.1
Historical workings only outlined the zone over a limited vertical extent, so the mineralized footprint is defined by the available data rather than by geology, a gap tied to the antimony price falling out of favour at the time.
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price → test → time
The zone remains open for exploration targeting.
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zone → remain → targeting
Steller Project area underlay comprised of pseudo-colour TMI from airborne magnetic survey data, which drapes over grey-scale regional satellite image.
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which → comprise → image
The Workings the Drill Follows
Antimony was found on the flank of Carbon Hill in 1906, and the belt was mapped by the Geological Survey of Canada in 1912.
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belt → follow → 1912
In 1964 Yukon Antimony Corporation Ltd. was formed to develop it.
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Ltd. → form → it
The company stripped the Becker-Cochran showing along strike, and in 1965 began driving a tunnel, developing the zone underground on two levels, and mapping and sampling what was uncovered.
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what → strip → levels
Workings have remained dormant since that time.1
Becker-Cochran, One of the Many Targets at Steller
Drilling at Becker-Cochran has been part of the Company’s 2026 exploration plan from the outset.
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Drilling → remain → outset
Blue Jay is drilling a number of targets at Steller this year, and Becker-Cochran is a deliberate exception to the Company’s core gold and silver drill target focus, forming no part of the Project’s current Mineral Resource Estimate.
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Cochran → drill → Estimate
What the historical record at Becker-Cochran does provide is further evidence of something the Company has said since acquiring Steller: this is a district, not a single deposit.
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this → provide → Steller
The approximately 170 km² land package, located 55 kilometres south of Whitehorse and accessible by road, includes a mine that has already produced gold, two additional gold and gold-silver deposits hosted in different geological styles, a processing plant, and kilometres of underground workings.
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that → locate → workings
On the eastern side of the property lies the antimony ground that attracted an earlier generation of prospectors.
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that → lie → prospectors
All of it traces back to Eocene-age magmatic-epithermal activity manifesting a widespread mineralized system, and systems like this rarely leave only one deposit behind.
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systems → trace → deposit
It is another target within a property that continues to unveil its potential to host multiple attractive mineralized targets.
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that → continue → targets
(1) Further detail regarding the Becker-Cochran occurrence, including its discovery, historical exploration, underground development, drilling and sampling, and regarding the Steller Gold Project and its current Mineral Resource Estimate, is set out in the technical report entitled “Technical Report and Updated Mineral Resource Estimate of the Steller Gold Project, Whitehorse Mining District, Yukon Territory, Canada,” prepared for the Company by P&E Mining Consultants Inc. with an effective date of October 31, 2025, available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
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detail → regard → www.sedarplus.ca
The Company is pleased to announce that the Company has entered into a service agreement (the “Agreement”) with Resource Stock Digest (“RSD”).
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Company → announce → Digest
Under the terms of the Agreement, among other things, RSD has agreed to provide certain marketing and advertising services to the Company, including conducting interviews with the Company, and producing content that is distributed to RSD’s subscriber base via e-mail and posts to RSD’s website.
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that → agree → website
These services may constitute “Investor Relations Activities” as defined under the policies of the TSX Venture Exchange (the “TSXV”).
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services → constitute → Exchange
The Agreement has a 12-month term ending September 1, 2027, with an initiation fee of US$8,500 due on TSXV approval and a monthly fee of US$2,450 due upon RSD providing an invoice at the end of each month for services rendered.
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RSD → have → services
There are no performance factors in the Agreement, and no securities of the Company will be issued to RSD or any of its authorized representatives as compensation.
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securities → be → compensation
Either party may terminate the Agreement at any time, with or without cause, by providing the other party with at least thirty (30) days prior written notice.
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party → terminate → notice
Termination will become effective upon expiration of the thirty (30) day notice period.
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Termination → become → period
All amounts due and obligations accrued through the effective date of termination will remain due and payable in accordance with the terms of the Agreement.
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amounts → accrue → Agreement
RSD’s contact details are as follows:
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details → follow → ?
Attention: Gerardo Del Real, 2250 Double Creek Dr #5669, Round Rock, TX 78665, USA
RSD is owned and operated by Nicholas Hodge and Gerardo Del Real and is based in Round, Rock, Texas, USA.
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RSD → own → Rock
Neither RSD nor Messrs. Del Real and Hodge have any present interest, directly or indirectly, in the Company or its securities, or any right or present intent to acquire such an interest.
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RSD → have → interest
RSD and its principals, Messrs. Del Real and Hodge, are considered arm’s-length to the Company and have no relationship with the Company outside of this Agreement.
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RSD → consider → Agreement
Information in this news release regarding the discovery, historical exploration, underground development, drilling and sampling at the Becker-Cochran occurrence is derived from publications and reports prepared before NI 43-101 came into force, together with information summarized in the technical report referred to above.
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NI → regard → report
…and 19 more, not listed.
