Targa Exploration Corp. announced the completion of the next phase of exploration fieldwork at the Company's Opinaca Gold and Lithium project (?Opinaca?), located in the James Bay region of Quebec. Highlights: 2,588 regional and in-fill untill samples taken near previously identified gold anomalies; 72 Heavy Mineral Concentrate samples to look for gold grains; Over 130 rock samples from boulders and outcrops; Lab results expected in August with plans for additional fieldwork in September.

Opinaca Exploration Program: The main goal of this phase of exploration was to identify the heads of the two gold-in-till anomalies identified during 2023 sampling. untill sampling continued at a 1km line spacing with samples tested in camp with a portable X-ray fluorescence (?pXRF?) machine to estimate arsenic values. Arsenic had a strong correlation with gold in the lab results from 2023 and was used as a proxy for gold in the field to identify the heads of the untill trains where in-fill untill sampling on 250m line spacing continued.

Field measurements with a pXRF are not as reliable as those obtained in a lab and the field results will be reconciled with the lab results when they are received. Two very clear and distinct untill train heads were successfully identified 1 to 4km up-ice from the 2023 anomalies. A third area of interest was also identified by the Kenorland team.

These areas will be the focus of future exploration. A total of 2,588 untill samples were taken in this phase of work, all of which have since been submitted to a lab for analysis. Results of the untill samples are expected in August.

Boulder and Outcrop Prospecting: Targa's four-person geology and prospecting crew, led by Exploration Manager Adrian Lupascu P.Geo, conducted an extensive prospecting and mapping program in the target areas and took over 130 samples from outcrops and boulders. Several outcrops and boulders with disseminated arsenopyrite were identified, as well as a field of actinolite boulders in close proximity to the highest-grade gold untill results from 2023. HMC Samples: A total of 72 heavy mineral concentrate (?HMC?) samples were taken in the areas of the gold and lithium anomalies identified in 2023.

The 10kg samples of the untill were sent to a lab for separation into density fractions and will be analyzed under a microscope to look for and count gold grains to assess their quantity and shape. Gold grain shape can indicate possible travel distances and aid in narrowing down bedrock source locations. Preliminary gold grain counts are expected in 3-4 weeks.

Next Phase of Work: The Targa geology team will have another opportunity to return to Opinaca in September to follow up on the expected results and to continue exploring for bedrock sources of gold. The detail of the next phase of exploration will be dependent on results and more detail will be provided in August.