Adyton Resources Corporation reported that on closing the recently announced CAD 1.5 million financing, work activities on its 100% owned Feni Island Gold-Copper Project have commenced in earnest with the engagement of globally renowned geophysical and data science group Southern Geoscience Consultants (SGC). Now informed by Adyton's extremely encouraging 2021 drill results, SGC's initial focus will be to reprocess and reinterpret historical geophysics data and interrogate against other technical data sets. Geophysical data sets include: island-wide magnetics, radiometrics, and radar topography; and detailed Induced Polarization (IP).

Post-interpretation, relevant core sample intervals will be selected for petrophysical measurements, to better inform and provide a higher level of confidence in the 3D MVI model. This will be the first time the historical geophysical data sets will have been reprocessed using modern algorithms, and coherently investigated with other technical data sets (eg drilling data, assays, surface geochemistry, and surface mapping), producing a singular model of Feni Island. The outcomes will better inform the structural framework at Feni (particularly with regards to structural controls to mineralization), provide optimized locations for detailed follow-up geophysics programs (eg ground or drone based high-resolution geophysical surveys), ultimately leading to a higher confidence optimized planned drill program.

As reported to the market on March 27, 2024, Adyton continues to engage with an Asian based strategic mining and engineering group with respect to a possible joint venture on its Fergusson Island Gold Projects. Adyton will update the market as and when these discussions reach a conclusion.