March 26, 2025 – Vancouver, BC, Canada. Infield Minerals Corp. (TSX-V: INFD) (“Infield” or the “Company”) is pleased to provide an update on recent field exploration work and strategy development for its Kings Canyon Gold Project (“Kings Canyon” or the “Property”) in Utah. Infield’s technical team has identified several exploration opportunities in key untested high-priority zones. These include high-grade feeder structures, known deposit extensions, untested favourable stratigraphic horizons, as well as anomalous geochemical anomalies that have seen limited historical work. Work campaigns dating back to the 1970s have been compiled by Infield for the first time in the history of the district. This data, in addition to new exploration tools, will be leveraged towards the expansion of the known deposits and additional discovery upside. Infield also reports results for seven rock samples collected in 2025.
Highlights:
“The characteristics and continuity of gold mineralization at the Crown and Royal zones provide excellent training ground for additional discovery within the Kings Canyon district,” stated Evandra Nakano, President and CEO of Infield. Ms. Nakano continued, “we are encouraged by the exploration opportunities across the Property, which we believe would benefit from a suite of modern exploration methods.”
The Property is located in Western Utah, with excellent road access and infrastructure. Situated within an emerging sediment-hosted “Carlin-type” gold system, the Kings Canyon mining district boasts numerous mineral occurrences, however, has lacked consistent and sustained exploration. Geological analogies to the Kings Canyon opportunity include Long Canyon (2.2 Moz Au1), Alligator Ridge (1.4 Moz Au2) and Kinsley Mountain (0.5 Moz Au3) gold deposits (Figure 1). In addition to the ease of access, moderate topography and a Carlin-type geological pedigree combine for an excellent mineral exploration opportunity in an emerging gold belt segment.
The geology of the Kings Canyon area is characterized by gently dipping favourable/reactive Paleozoic limestone clast breccia and silty limestone units assigned to the Guilmette and Simonson Formations. Jasperoid zones, silicified-clast breccia and limonitic fracture zones are abundant in the area, associated with strong gold signatures at surface. Classic Carlin-style alteration and mineralization define the known oxide gold deposits at the Crown and Royal zones (Figure 2). Limited historical samples were analyzed for arsenic and antimony and, where available, a correlation between gold mineralization and these elements has been observed. Recent rock sampling (Figure 2) conducted in 2025 also supports this observation and will be used in the future to serve as a guide to exploration. Gold and select multi-element results for the seven samples collected are available in Table 1.
Table1: 2025 rock sample results5
Significant gold mineralization is contained at a key stratigraphic horizon, situated at the upper portion of the Simonson Formation, just below a geological contact with the Devonian Guilmette Formation (Figures 3 and 4). Exploration upside remains in expanding the extent of the known trends. Holes drilled at angles between 45-70 degrees are required to cross cut and test for potential high-grade feeder structures, whereas drilling to date has been largely vertically oriented. Despite the presence of geochemical anomalies throughout Infield’s land position, historical drilling campaigns have not sufficiently tested the key stratigraphic horizons beyond the main (known) mineralized footprints. Infield plans to deploy a Carlin-type gold exploration toolkit to unlock new exploration opportunities and shareholder value.
Infield is planning a low-cost surface exploration program intended for Q2-Q3, 2025, with the objective of progressing towards drill hole targeting. Main tools to advance exploration include:
Previous exploration has been hampered by: 1) vertical drill holes, 2) lack of gold pathfinder geochemical data, and 3) limited evaluation of consolidated datasets for the district. Infield Technical Advisor, Dr. Alan Wainwright P.Geo., stated: “The district has proven Carlin-style gold zones. We believe we can identify top tier drilling targets using modern geoscience tools and by deploying a systematic approach to the exploration search space.”
Infield Minerals is committed to building shareholder value with mineral exploration discoveries in the Western United States. The Company is actively evaluating additional base metal and gold exploration opportunities with a view to expanding its portfolio with projects of merit. Potential acquisitions are vetted for optimal exploration discovery odds, combined with favourable commercial deal terms, in Tier 1 jurisdictions.
Qualified Person
Technical information in this news release has been reviewed and approved by Andrea Diakow, P.Geo., a geological consultant and a Qualified Person as defined by National Instrument 43-101.
The potential quantity and grade of mineralization described herein is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in targets being delineated as a mineral resource.
1Smith, M.T., Rhys, D., Ross, K., Lee, C. and Gray, J.N., 2013, The Long Canyon Deposit: Anatomy of a New Off-Trend Sedimentary Rock-Hosted Gold Discovery in Northeastern Nevada, Economic Geology, v. 108, pp. 1119–1145
2Nutt, C.J. and Hofstra, A.H., 2003, Alligator Ridge District, East-Central Nevada: Carlin-Type Gold Mineralization at Shallow Depths, Economic Geology, Vol. 98, 2003, pp. 1225–1241
3Technical Report on the Kinsley Project, Elko County, Nevada, U.S.A., dated June 21, 2021, effective date May 5, 2021, and prepared by Michael M. Gustin and Gary L. Simmons; filed under New Placer Dome Gold Corp.’s issuer profile on sedarplus.ca
4Gold endowment figures fromVisualist Capital “Everything you need to know about Carlin-type golddeposits”; https://www.visualcapitalist.com/sp/everything-you-need-to-know-on-carlin-type-gold-deposits
5Rock samples collected by Infield in 2025 were analysed by multi-element ICP-MS and gold fire assay with an atomic absorption finish, with analysis completed by ALS Global in North Vancouver, British Columbia. ALS Global laboratories are independent and ISO/IEC-17025 accredited.
6KCC07-04 historical core samples were collected by a former issuer, Maestro Ventures Ltd. (independent of Infield), in 2007, and were analysed by ALS Global in North Vancouver, British Columbia, for fire assay with atomic absorption finish. ALS Global laboratories are independent and ISO/IEC-17025 accredited.
For more information, please contact Evandra Nakano, the CEO, President and a director of the Company, at +1 (604) 220-4691 or email: info@infieldminerals.com
On Behalf of the Board of Directors of Infield Minerals Corp.
Evandra Nakano
President, CEO & Director
ABOUT INFIELD
Infield Minerals is currently exploring for gold within the U.S. Great Basin. Our mission is to grow and deliver value through discovery, acquisitions and sustainable development of high quality, high potential assets for the social and economic benefits of our stakeholders. Founded in 2020, Infield is led by a team of mining entrepreneurs with extensive technical and resource evaluation experience.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements included in this announcement, including statements concerning Infield’s plans, intentions and expectations, which are not historical in nature, are intended to be, and are hereby identified as, “forward‐looking statements”. Forward-looking statements include, among other matters, Infield’s exploration plans for its mineral exploration properties, including the option for the Kings Canyon property. Forward‐looking statements may be, but are not always, identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. Infield cautions readers that forward‐looking statements, including without limitation those relating to Infield’s future operations and business prospects, are subject to certain risks and uncertainties (including geopolitical risk, regulatory, and exchange rate risk) that could cause actual results to differ materially from those indicated in the forward‐looking statements. There can be no assurance that any forward-looking statement will prove to be accurate or that management's assumptions underlying such statements, including assumptions concerning future developments, circumstances or results, will materialize. The forward-looking statements included in this news release are made as of the date of this new release and Infield does not undertake to update or revise any forward-looking information included herein, except in accordance with applicable securities laws.
