Vancouver, BC – TheNewswire - October 2, 2025 – Hanstone Gold Corp. (TSX.V:HANS) (FRA:HGO) (the “Company” or “Hanstone”) is pleased to announce that it has executed a property option agreement dated as of September 29, 2025 (the “Option Agreement”) with Goldrea Resources Corp. (“Goldrea” or the “Optionee”, an arm’s length party to the Company), pursuant to which Hanstone has granted Goldrea the option to earn a 70% undivided interest in and to Hanstone’s 3,443 hectare Snip North Project (the “Property”).

 

“We are excited to have Goldrea concentrate on the advancement of the Snip North Project, while our team focuses on continued development of the wholly owned Doc Property claims,” said Andre Douchane, Executive Chairman of Hanstone.

 

To exercise the option, Goldrea must incur an aggregate of $1,250,000 in exploration expenditures on the Property, as follows: $100,000 on or before September 30, 2026; an additional $100,000 on or before September 30, 2027; an additional $100,000 on or before September 30, 2028; and an additional $950,000 on or before September 30, 2029. In addition, Goldrea has agreed to transfer $100,000 in eligible assessment credits to extend the expiry date of the Property to June 30, 2026. In the event the British Columbia Ministry of Mining and Critical Minerals does not allow for the transfer of the credits, then the Option Agreement will terminate. On the date on which the Optionee has earned a 70% interest in and to the Property, the parties will be deemed to have entered into a 70/30 joint venture for the purposes of exploring and exploiting the Property for profit and will promptly negotiate and execute a formal joint venture agreement.

 

About Hanstone Gold Corp

 

Hanstone is a precious and base metals explorer with its current focus on the Doc Project optimally located in the heart of the prolific mineralized area of British Columbia known as the Golden Triangle. The Golden Triangle is an area which hosts numerous producing and past-producing mines and several large deposits that are approaching potential development. The Company holds a 100% earn-in option on the 1,704-hectare Doc Project. The Company also owns a 100% interest in the 3,443-hectare Snip North Project, which is subject to the Option Agreement. Hanstone has a highly experienced team of industry professionals with a successful track record in the discovery of gold deposits and in developing mineral exploration projects through discovery to production.

 

For Further Information Contact:

 

Andre Douchane, Chairman

+1 (520) 850-7529, adouchane@gmail.com

Or visit the Company’s website at www.hanstonegold.com

 

Forward Looking Statements Disclaimer

The information contained herein contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events, or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified using words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events, or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.

Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about Hanstone’s business and the industry and markets in which it operates and will operate. Forward-looking information and statements are made based upon numerous assumptions, including among others, the results of planned exploration activities are as anticipated, the price of gold, the cost of planned exploration activities, that financing will be available if needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct Hanstone’s planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.