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- McGarry tenures now 100% owned by Orecap.
- McGarry was in manufacturing as lately as 2013, and has seen vital funding in its underground mining infrastructure.
- McGarry is contiguous with Gold Candle (led by Pierre Lassonde / Rick Howes) and proximal to Agnico Eagle’s Higher Beaver – each multi-million-ounce gold deposits.
Orecap Make investments Corp. (TSXV: OCI,OTC:ORFDF) (OTCQB: ORFDF) (“Orecap” or the “Firm”) is happy to announce that it has closed its beforehand introduced consolidation of its possession place on sure land tenure inside its McGarry Venture (“McGarry” or the “Venture”), situated in Virginiatown, Ontario. Orecap now owns 100% of all of the tenure comprising McGarry, topic to present royalties.
McGarry is a Strategic Asset with Important Upside and Infrastructure
McGarry encompasses 2.4km of the prolific Cadillac-Larder Lake Break (“CLLB“), and encompasses 681 hectares, comprised of 46 patented mining claims and 5 mining licenses, now 100%-owned by Orecap. McGarry hosts a historic NI 43-101 indicated useful resource of 447,000 grading 8.57 g/t gold (123,000 oz), and an inferred useful resource of 157,000 grading 5.83 g/t gold (30,000 oz)1. McGarry additionally hosts the historic Kerr Addison mine tailings.
McGarry was in manufacturing as lately as 2013 from vital underground workings, the place it additionally noticed underground exploration. Important capital was spent upgrading McGarry’s infrastructure, together with the shaft, hoist, and onsite amenities mandatory for an underground mine. Moreover, historic underground exploration yielded high-grade outcomes throughout a number of zones, together with the Kerr Zone, situated outdoors of the mission’s useful resource estimate.
Historic McGarry Kerr Formation Zone Intercepts2
Part 600W, -3500′ Elevation (Gap 22-111A):
| From (ft) | To (ft) | Size (ft) | Size (m) | Gold Grade (oz/ton) | Gold Grade (g/t) |
| 1,439.00 | 1,449.00 | 10.00 | 3.05 | 0.145 | 4.97 |
| 1,444.00 | 1,445.90 | 1.90 | 0.58 | 0.681 | 23.35 |
| 1,592.00 | 1,600.00 | 8.00 | 2.44 | 0.191 | 6.55 |
Part 400W, -4250′ Elevation (Gap 22-96):
| From (ft) | To (ft) | Size (ft) | Size (m) | Gold Grade (oz/ton) | Gold Grade (g/t) |
| 2,147.50 | 2,206.20 | 58.70 | 17.89 | 0.109 | 3.74 |
| 2,147.50 | 2,157.10 | 9.60 | 2.93 | 0.304 | 10.42 |
| 2,169.70 | 2,175.10 | 5.40 | 1.65 | 0.316 | 10.83 |
| 2,197.30 | 2,206.20 | 8.90 | 2.71 | 0.182 | 6.24 |
Part 1000W, -5200′ Elevation (Gap 22-107C):
| From (ft) | To (ft) | Size (ft) | Size (m) | Gold Grade (oz/ton) | Gold Grade (g/t) |
| 2,687.00 | 2,697.00 | 10.00 | 3.05 | 0.224 | 7.68 |
Notes:
- Transformed Size from reported ft to metres utilizing 1 m = 3.28084 ft.
- Transformed Worth from reported oz/ton to g/tonne utilizing 1 oz/ton = 34.2857 g/tonne.
McGarry Central to Regional Consolidation Technique
McGarry is situated adjoining to Gold Candle Ltd.’s Kerr Addison mission (“Kerr Addison“), led by Pierre Lassonde (Chairman) and Rick Howes (CEO), and Agnico Eagle’s Higher Beaver Venture3. McGarry’s useful resource and infrastructure in place underscores the Venture’s significance in any regional consolidation technique. McGarry’s present infrastructure, notably the shaft which extends to 2,290 ft under floor, supplies for a cheaper, accelerated timeline, to entry potential underground sources.
McGarry Property Hosts Historic Kerr Addison Tailings
Kerr Addison traditionally produced 11 million ounces at 9 g/t gold4. Tailings from the historic Kerr Addison operation, estimated to cowl 73 hectares which characterize over 1Mt per vertical metre5 are located throughout the McGarry property restrict. Whereas definitive tonnage and grade information has not been established, historic documentation recommend potential presence of residual gold throughout the tailings. In keeping with Ontario’s simplified allowing course of for recovering metals and minerals from mine waste at working, closed, or deserted websites, Orecap will search to guage the existence and, if relevant, the amount and potential economics of extracting minerals from the Kerr Addison tailings.
Transaction Particulars
Orecap acquired the remaining 25% of sure McGarry tenure to consolidate it is 100% possession of McGarry for $50,000 payable in money, and $50,000 in Orecap shares, totaling 620,498 shares, calculated utilizing the previous 10 buying and selling day quantity weighted common value (“VWAP”) of Orecap shares ($0.08058/sh) as of the date of the settlement.
QP Assertion
The technical data contained on this information launch has been reviewed and authorised by Charles Beaudry, P.Geo and géo., Director of Orecap Make investments Corp., a Certified Individual, as outlined in “Nationwide Instrument 43-101, Requirements of Disclosure for Mineral Initiatives.”
Disclosure Concerning Historic Sources
As on the date of this information launch, a certified individual has not accomplished ample work to categorise the McGarry historic mineral sources estimate as present mineral sources or mineral reserves in accordance with NI 43-101 and Orecap is just not treating the historic estimate above as present mineral sources.
About Orecap Make investments Corp.
Orecap seeks particular state of affairs investments within the pure useful resource sector that provide shareholders various publicity to excessive returns on valuable and important steel property and companies. Orecap has vital fairness positions in portfolio firms, resembling American Eagle Gold (TSXV: AE) (OTCQB: AMEGF), XXIX Metallic Corp. (TSXV: XXIX) (OTCQB: QCCUF), Mistango (CSE: MIS), and Awale Sources (TSXV: ARIC), along with proudly owning a broad portfolio of land packages focussed on gold, copper and zinc. Agnico Eagle Mines Restricted is a 9.9% shareholder.
Orecap’s Fairness Holdings embrace:
| Firm (Ticker) | Shares Owned1 / (% of Excellent Shares) |
| American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) | 10,718,748 / (6.3%) |
| Awale Sources (TSXV: ARIC) | 7,389,833 + 4,166,666 warrants / (7.2%) |
| Mistango River Sources (CSE: MIS) | 24,708,975 / (13.9%) |
| Metallic Power (TSXV: MERG) | 5,125,000 + 2,562,500 warrants / (3.6%) |
| Kintavar Exploration (TSXV: KTR) | 42,750,000 (19.9%) |
| XXIX Metallic Corp. (TSXV: XXIX) (OTCQB: QCCUF) (FSE: 5LW0) | 23,637,431 / (7.7%) |
1 See Orecap’s newest disclosure paperwork for particulars relating to holdings.
For additional data, please contact:
Ahead-Trying Statements
This information launch comprises statements that will represent “forward-looking data” or “forward-looking statements” throughout the that means of relevant Canadian securities laws. Ahead-looking data and statements might embrace, amongst others, statements relating to future plans, prices, goals or efficiency of the Company, or the assumptions underlying any of the foregoing. On this information launch, phrases resembling “might”, “would”, “may”, “will”, “possible”, “consider”, “count on”, “anticipate”, “intend”, “plan”, “estimate” “goal” and related phrases and the unfavorable type thereof are used to determine forward-looking statements. Ahead-looking statements shouldn’t be learn as ensures of future efficiency or outcomes, and won’t essentially be correct indications of whether or not, or the instances at or by which, such future efficiency might be achieved. No assurance might be provided that any occasions anticipated by the forward-looking data will transpire or happen, together with evaluating the potential existence, amount and economics of extracting minerals from the Kerr Addison tailings. Ahead-looking statements and data are based mostly on data out there on the time and/or administration’s good-faith perception with respect to future occasions and are topic to identified or unknown dangers, uncertainties, assumptions and different unpredictable components, lots of that are past the Company’s management. These dangers, uncertainties and assumptions embrace, however aren’t restricted to, these described underneath “Danger Components” within the Company’s administration’s dialogue and evaluation for the fiscal yr ended October 31, 2024, which is offered on SEDAR+ at www.sedarplus.ca; they might trigger precise occasions or outcomes to vary materially from these projected in any forward-looking statements. The Company doesn’t intend, nor does the Company undertake any obligation, to replace or revise any forward-looking data or statements contained on this information launch to mirror subsequent data, occasions or circumstances or in any other case, besides if required by relevant legal guidelines.
Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this information launch.
1 Supply: Preliminary Financial Evaluation and Mineral Useful resource Estimate, McGarry Venture, McGarry Township (Virginiatown), Ontario, 2011. Ready by Python Mining Consultants. See disclaimer relating to historic sources.
2 Supply: Report on the Armistice Sources Ltd. Virginiatown Gold Venture, McGarry Township, Ontario, 2004. Ready by S.J. Carmichael Consultants.
3 Cautionary Assertion: The Firm cautions that the mineral sources on the adjoining Kerr Addison and Higher Beaver properties aren’t essentially indicative of mineralization on the McGarry property.
4 Seek advice from Gold Candle’s Company Presentation dated September 2025 on goldcandle.com.
Cautionary Assertion: Historic manufacturing at Kerr Addison is just not indicative of the mineralization at McGarry.
5 Assumed density 1.55 grams per cubic centimetre.

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/272630
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