$BMXI Brookmount Gold's Subsidiary North American Gold

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$BMXI Brookmount Gold's Subsidiary North American Gold Provides Update on The Moosehorn Gold Project.


https://www.accessnewswire.com/newsroom/en/me...rn-1129318

RENO, NEVADA / ACCESS Newswire / January 21, 2026 / The Board of Directors of Brookmount Gold is pleased to update shareholders on the progress being made at the Company's subsidiary North American Gold's ("NAG" MooseHorn Gold Project.

The MooseHorn Gold Project located in Yukon; Canada consists of approximately 10,643 acres and includes 234 quartz mineral claims. The property's geological settings are very similar to the extremely productive locations nearby; Coffee Creek, Pogo and Fort Knox. The most recent NI 43-101 prepared by Stantec Group, confirmed inferred resources of 39,040 ounces of gold, which at current market prices, equates to approximately $190 million. NAG has ordered an update to the existing NI 43-101 and expects its completion in the coming days.

NAG is completing the positioning of heavy equipment on site including excavators, dozers and dump trucks during the winter months while march access roads are frozen solid. The Moose Horn Gold Project is equipped with established camp facilities, light vehicles including pickup trucks and ATVs and a current fuel inventory of over 37,000 gallons. Most importantly, the property has a reliable water source, and all needed water licenses are in place.

MooseHorn's historical gold production is impressive with approximately 65,640 ounces of placer gold produced since 1978. It's No.1 vein sampling in 1993 averaging 2.2oz per ton. A 24-ton bulk sample from V1 returned 1.8oz per ton. These results and more confirm the presence of "high grade" gold bearing quartz veins.

Errin Kimball, Chief Geologist of North American Gold, commented: "With the pre-positioning of the of all the heavy equipment and needed materials on site and planning the first runs in the early spring, I am very excited to see the first bucket of ore hit the hooper. We are positioning this Company to be a powerhouse in the Gold Mining community, with the Moose Horn Gold Project to start production in the spring with our 2 Alaskan properties to follow."
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