Target Definitioning Auger Campaign started in Kandia

Insight

Castle Minerals is a compelling investment option, underlined by his 100 percent owned by two Gold projects with a high potential, an experienced management team with a track record of success and a strategic location near gold deposits of several million-down.

Overview

Castle Minerals (ASX: CDT) is an exploration company established in Australia that focuses on promoting high-quality gold projects in Ghana, West Africa. The company has an interest of 100 percent in a very strategic land package of 2,686 square kilometers in the Upper West region in Ghana, a considerably investigated but very potential geological setting in the West African gold belt.

The core mission of Castle Minerals is to identify, explore and develop economically viable gold deposits, use the rich mineralization and the proven mine history of the region. The company’s management team offers extensive experience and a strong track record of successful discoveries, which means that exploration efforts are led by leading expertise and strategic implementation.

Castle’s Portfolio is aimed at his flagship Kpali and Kandia Gold projects, both of which show a strong potential for the expansion of resources and economic development. These projects are located within productive gold-bearing structures and have demonstrated high-quality mineralization by extensive exploration efforts. With a focus on systematic exploration, the company wants to define and expand resources, while positioning himself as a leading player in the growing gold industry of Ghana. Castle’s dedication to sustainable exploration practices and strong community involvement further improves the ability to work effectively in the region.

Highlights of the company

• 100 percent owned by a strategic land ownership of 2,686 square kilometers in the very potential Upper West region in Ghana.
• Flagship Kpali and Kandia Gold projects with high-quality gold mineralization and considerable potential for expanding resources.
• Strong management team with a proven track record in West -African gold discharges and project development.
• The proximity of the Multi-Million-Unce Black Volta Gold Project, improving the economic potential and development synergies.
• Robust exploration pipeline with systematic drilling programs aimed at expanding resources and development in the short term.
• Commitment to sustainable and responsible exploration practices, with strong community and government involvement.
• Stayed to take advantage of the growing global demand for gold due to disciplined exploration and strategic partnerships.

The Kpali Gold Project, a cornerstone of the exploration efforts of Castle Minerals, is strategically about 30 kilometers west of the regional city of Sawla in the Upper West region in Ghana. The project area is the project area within the 170 m² Degbiwu Prospecting License (PL 10/26), which is surrounded by the 1,033 SQ km gbiniyiri retention license (RL 8/27). In particular, the western boundaries of these licenses are defined by the Black Volta River, which mark the border with Burkina Faso.

Geologically speaking, Kpali is on the convergence of two significant Greenstone-Riemen-the Bole-Bolgatanga and Wa-Lawra/Boromo leashes and three structures on a regional scale. This unique positioning is associated with various large gold deposits hosted by Birimian in the region, improving the potential of the substantial gold mineralization project.

Recent exploration activities have yielded promising results. In February 2025, a drilling program of eight holes reverse circulation (RC) shallow, high -quality mineralization in all holes. Remarkable interceptions include 12 meters by 8.29 grams per tonne (G/T) Gold from 25 meters, including 6 meters by 11.60 g/t gold from 31 meters, with a peak 1-meter interception of 20.43 g/t gold at 36 meters. These findings have considerably upgraded the status of the Kpali gold perspective, which suggests that the presence of several sub-parallel Lodes with high-quality gold mineralization.

The wider district that includes Kpali contains various other prospects with a high conviction, which strengthens the potential as an emerging new exploratory limit. Castle Minerals is planning to implement further drilling programs, including step-out drills, to define the degree of mineralization and to assess the viability of the project for future development.

In summary, the strategic location of the Kpali Gold Project, the favorable geology and recent high -quality drill results position it as an important active in the portfolio of Castle Minerals, with the potential to evolve to a large gold production place in Ghana.

The Kandia Gold project is located in the Upper West region in Ghana. Discovered in 2010 While mapping reconnaissance fields, the project includes a 16-kilometer course along a considerable granite sediment contact within Birimian Greenstone site. This geological setting is known for the organization of substantial gold mineralization, whereby the Kandia -front view itself has been identified by previously unknown artisanal operation, spread over around 600 meters of strike.

The first exploration -efforts include extensive soil sampling, geophysical surveys in the air and RC drills, a total of 264 holes of more than 19,541 meters. These activities led to the identification of two primary mineralized zones: the “4,000 zone” and the “8,000 zone”.

Strategically, the Kandia project benefits from its proximity to large golden deposits. The 5.1 million OUNCE Namdini Gold Project is located in the northeast on the same Bole-Bolgatanga Greenstone Belt, while the Julie deposit of the 2.8 million-live Black Volta Gold Project is immediately due to the strike of the Kandia with mineralized trend. This favorable location improves the economic attractiveness of Kandia and the potential for development synergies.

Future exploration plans for Kandia include extensional drilling in the “4,000 zone” and drilling targeted drilling in other areas with historically wide -spread shallow drilling, such as the “8,000 zone”, where traditional mining activities are also present. The primary goal is to define several deposits in the neighborhood, open-plunging deposits along the potential contact of 16 kilometers, promote the project to potential development.

Management team

Stephen Stone – Executive chairman

Stephen Stone has more than 30 years of experience in mining and exploration. As a former director of Azumah Resources, he led the discovery of a 2.5 MOZ Gold Resource and 1.2 MOZ ore reserve at the WA Gold Project his expertise in West African gold research and project development is an important role in supervising the strategic direction of Castle.

Matthew Horgan – Not – executive director

Matthew Horgan offers a strong background in engineering, business development and investor relationships. His experience in strategic business growth and financing of the resource sector supports Castle’s development initiatives.

James Guy – Not – executing director

James Guy is a geologist with extensive expertise in mining and exploration, specialized in gold and basic metal projects in Africa and Australia. He has held senior executive positions with various ASX -exerted junior source companies and with Banking Group, NR Rothschild & Sons. He is currently director of James Guy & Associates

David Renner – Not – executing director

David Renner has a strong track record in operations and business strategy for resources development. He makes an important contribution to promoting the Kambale Graphite project.

Hector Nyinaku, non-executive director

Hecto Nyinaku focuses on administration, finance and logistics within the mining industry. His strong networks in the source sector of Ghana offer valuable operational support.

George Asomoah Boadu – Manager of Geology

George Asomoah Boadu has extensive Velder experience in Ghana’s gold and graphite reconnaissance projects. His expertise is an integral part of defining Castle’s Resource Base and the implementation of effective exploration strategies.