Loyalist Exploration: Tully's New PEA | RCTV at The Mining Investment Event of the North

Why It Matters

A larger Tully resource and newly identified Santis ounces could unlock financing and boost Loyalist’s valuation, positioning it as a standout junior in the gold sector.

Key Takeaways

• Tully deposit’s historic resource may triple after new MRE
• New drilling technique aims to connect Kamco and Hollinger zones
• Santis area could host 300,000 ounces from 1930s data
• CEO seeking multiple financing partners for future production funding
• Upcoming PEA expected as catalyst for share price uplift

Summary

Loyalist Exploration’s CEO Errol Far outlined the company’s latest development slate at the Mining Investment Event of the North, focusing on the flagship Tully gold deposit, new exploration targets at the Santis property, an innovative drilling technique, and financing strategy.

The Tully deposit, historically reported at 144,000 ounces, is being re‑modeled with a new Mineral Resource Estimate that could lift the resource to roughly 4,400 ounces per tonne—potentially tripling the original figure. At Santis, archival documents suggest up to 700,000 tonnes at 0.4 oz/ton, equating to about 300,000 ounces, prompting a fresh drilling campaign. The company also plans to deploy a novel “misela mass” probe to electrically map sulfide continuity between the Kamco and Hollinger zones, a low‑cost test that could reveal a larger, contiguous ore body.

Far emphasized the relevance of century‑old data, warning that “ignoring it… puts you at peril” and highlighted the upcoming PEA as a key catalyst. He described the blue‑sky upside as “my career where I’m at very blue,” underscoring confidence in the project’s upside.

If the revised resource estimates and Santis targets prove robust, Loyalist could secure competitive debt and equity financing, accelerate development, and differentiate itself in a crowded junior gold space, potentially driving a material uplift in its market valuation.

Original Description

RCTV speaks with Errol Farr, President & CEO of Loyalist Exploration, on the company’s Timmins-focused project portfolio and its flagship Tully gold deposit. The discussion covers Loyalist’s new MRE and PEA work at Tully, including how a higher gold price environment could impact project economics compared with the previous PEA, as well as the company’s preliminary review at DeSantis, where six new priority targets were identified. Errol also provides insights into Loveland’s nickel, copper and high-grade gold potential, the company’s exploration approach, and ongoing discussions around financing alternatives. The interview concludes with Errol’s investment case for Loyalist Exploration and the key catalysts investors can watch across the Tully, DeSantis, Loveland and broader Timmins portfolio.

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