Gold Runner Exploration Inc. (CSE: Grün, Frankfurt: CE70) (“gold runner“Or”company“) is pleased to announce that, per its news release dated January 15, 2026, the Company has paid Falcon Mine Group an option payment of US$100,000 payable on or before April 30, 2026 (“FMG”), as required under the Gold Runner Option Agreement (“option agreement“) To buy 100% of the Falcon Project (“)Falcon“Or”falcon property” Or “Property“).
The Falcon Property under the Option Agreement consists of eighty-seven (87) unpatented lode claims and six (6) patented claims associated with the historic Falcon Mine and is the core of the Falcon Project block consisting of 124 claims totaling approximately 883 hectares or 2,183 acres. The property is located less than 2 kilometers (“km”) south of Gold Runner’s key Rock Creek prospect and southwest of Gold Runner’s Dry Creek prospect (see Map 1), placing the three properties very close to each other for a total project area of 239 claims.
The reader is reminded that Gold Runner’s Tuscarora District play (Rock Creek, Dry Creek and Falcon) is in a highly prospective, prolific gold field (see Map 2). The properties are surrounded on three sides by major gold deposits and mines, including the Midas mine approximately 35 km to the west-south-west, which has produced over 2.2 Moz Au (million ounces of gold) and 26.9 Moz Ag (million ounces of silver) from epithermal Ag (Au) deposits (Hecla Mining Company website – 2022); the Goldstrike Complex, approximately 40 km south, which produced 47.8 Moz AU from a Carlin-type deposit between 1986 and October 2023 (Nevada Bureau of Mines and Geology Special Report MI-2023); And the Gerrit Canyon mine, approximately 30 km to the east (further away from the Carlin Trend than Gold Runner’s Tuscarora properties), which has produced 9.7 Moz AU from Carlin-type gold deposits (Technical Report on the Gerrit Canyon Mine, Elko County, Nevada, USA Report NI 43-101 – for 2021), continues exploration.
The Falcon Property is found in the southwestern part of an Eocene-age caldera complex, located in a sequence of Devonian sedimentary rocks overlain by andesitic, dacitic and rhyolitic volcanic rocks of the Tuscarora volcanic field (Ronnie Long, 2000 – The Falcon Mine Project). The Company’s exploration concept at Falcon is similar and consistent with our targeting models at Rock Creek and Dry Creek. Historical production and exploration at Falcon focused on silver mineralization in epithermal veins in the upper volcanic sequence. Like the Rock Creek and Dry Creek properties, previous work at the Falcon Property resulted in stratigraphic interpretations of the surface metasedimentary sequence indicating the potential for Carlin-type host rock at relatively shallow depths (Ronnie Long, 2000 – The Falcon Mine Project). Thus, the company sees both shallow, high-grade silver vein targets and deeper, disseminated Carlin-type gold silver (Au Ag) targets at Falcon.
map 1
Gold Runner’s currently proposed, comprehensive, property-wide exploration program at Falcon is being finalized, including plans to follow up and expand our initial sampling of 900 meters of float and outcrop of the quartz vein that hosts the historic Falcon Mine. This wide vein (up to 40 feet wide) is one of 18 known veins running the length of the Rock Creek property north from the Falcon property. Sampling by the Company to date at Falcon and Rock Creek has demonstrated a combined, confirmed, continuous strike length of approximately 6 km with an untested interval of approximately 2.5 km between Rock Creek and the Company’s Falcon sample, meaning a potentially mineralized strike length of 8.5 km is open to both the north and south.
Of the twenty-nine samples collected at Falcon, all but one were submitted to geochemical analysis for detectable measurable gold and/or silver. Four samples contained more than 25 grams per tonne silver (gpt Ag), including samples FAL23_36 which contained 720 gpt Ag and FAL23_37 which contained 238 gpt Ag. The two highest silver samples were taken from the Falcon mine area, and both contained elevated gold, arsenic and antimony with apparent sulphide. Five samples contained more than 0.5 gpt gold (Au), including sample FAL23_13 which contained 1.131 gpt Au. (See company’s news release dated January 23, 2024)
Based on the presence of antimony in previous samples and the potential for underlying Carlin type deposits in addition to gold and silver, the 2024 Falcon Property extensive sampling program will test with additional focus on both antimony and phosphorus, (phosphorus at surface is likely associated with Carlin type deposits and has been found to be present in high quantities at the Company’s Rock Creek property).
This season’s exploration program operations at Falcon are anticipated to begin in July, 2026.
map 2
This news release was written by Dr. Craig J. Mack, Ph.D. Geology, and is approved by Alan Morris, M.Sc., CPG #10550. Defined by National Instrument 43-101 by Alan J. Morris is an independent, capable man – Disclosure Standards for Mineral Projects (NI 43-101) and have reviewed the scientific and technical disclosures included in this news release.
On behalf of the Board of Directors,
“Chris Wensley”
Chris Wensley, Director and Chief Executive Officer
About Gold Runner Exploration Inc.
Gold Runner Exploration is an exploration company focused on the discovery and development of its portfolio of gold and silver properties located in prolific mining districts in Canada and the United States. In British Columbia, Gold Runner has the option to acquire a 100% interest in the Golden Girl property located in the vast Golden Triangle of northwestern British Columbia. In north central Nevada, the Company owns the Rock Creek Gold Project, the Falcon Mine Project and the Dry Creek Project, located in the Tuscarora Mountains adjacent to the world-famous Carlin Trend. Gold Runner owns a 10% interest in the Cimarron Project located in the San Antonio Mountains of Nye County, Nevada, within the Walker Lane Trend.
For further information please contact:
Chris Wensley, Chief Executive Officer and Director
639 5th The Avenue, Suite 1250
Calgary, Alberta T2P 0M9
Website: www.goldrunnerexploration.com
Email: info@goldrunnerexploration.com
forward looking information
This news release contains certain information that may be considered “forward-looking information” under applicable securities laws. All statements in this release, other than statements of historical fact, including, but not limited to, statements addressing the anticipated exploration program at Falcon or its results, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, mineral resource estimates, exploration and development plans, timing of commencement of operations and market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the inability to obtain exchange approval for the offering. Although the Company believes that the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ from the statements. There are certain factors that may cause actual results to differ materially from the forward-looking information. These include the results of the Company’s due diligence investigations, market prices, exploration successes, continued availability of capital financing, and general economic, market or business conditions, and those described in the Company’s filings with Canadian securities authorities.
Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking information. For more information on the Company, investors are encouraged to review the Company’s public filings www.sedarplus.com. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law..
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepts responsibility for the adequacy or accuracy of this release.
