Grafton Resources Initiates Heliborne MobileMT Survey at Alicahue Gold-Copper Project in Chile

Grafton Resources has begun an 80 line-kilometre MobileMT geophysical survey at its Alicahue Gold-Copper Project in Chile, aiming to identify subsurface structures and potential mineralized zones, with results expected in March 2026.

Chicago Metrowire Staff
Energy
Grafton Resources Initiates Heliborne MobileMT Survey at Alicahue Gold-Copper Project in Chile

Grafton Resources Inc. (CSE: GFT; OTCQB: GFTFF; FSE: K8L0) announced that Expert Geophysics Surveys Inc. has commenced a planned 80 line-kilometre mobile magnetotelluric (MobileMT) heliborne survey at the Alicahue Gold-Copper Project in Valparaiso, Chile. The survey, expected to be completed within one day, will cover the entirety of Grafton's Alicahue project, with interpreted results anticipated in March 2026.

MobileMT is a leading geophysical technology that aids in identifying subsurface geologic structures, alteration halos, and contrasting lithologies. Complementary VLF-EM data, which provides near-surface electromagnetic information, should yield increased resolution of shallow features. Combining these methods is expected to identify deep-seated faults, lithological contacts, and structures controlling mineral systems from the surface to depths of approximately 1 km to 2 km, depending on the conductivity distribution of the local geology.

Campbell Smyth, Chairman of the Company, commented: "We expect the MobileMT data will provide a three-dimensional image of the Alicahue Project area. We hope the survey will assist us in tracing the outline of a possible porphyry centre in the southeast concession. Further we hope the survey helps us to vector towards the origin of the IOCG vein systems and possible feeder zones to gold and copper vein mineralization mapped in the area. MobileMT is known for identifying areas of electrically conductive sulphides potentially linked to mineralized porphyry intrusive centres, and resistive bodies representative of intrusions."

The Alicahue Gold-Copper Project is located in Valparaiso, Chile, and is part of Grafton's portfolio of mineral assets in the Americas. The company is focused on responsible exploration and generating shareholder value through disciplined project advancement.

For further information, readers are encouraged to review the Company's filings available at www.sedarplus.ca.

This news release includes forward-looking statements within the meaning of applicable Canadian securities laws, which involve risks and uncertainties. Actual results could differ materially from those projected. The Company disclaims any intent or obligation to update forward-looking statements except as required by law.

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