NatBridge Resources Announces Execution of Mineral Rights Purchase Agreement for Cahuilla Gold Project
Burnaby, British Columbia--(Newsfile Corp. - October 21, 2025) - NatBridge Resources Ltd. (CSE: NATB) (OTCID: NATBF) (FSE: GI80) ("NatBridge" or the "Company"), is pleased to announce that it has entered into a definitive Mineral Rights Purchase Agreement (the "Agreement") with Teras Resources Ltd. USA, an arm's length Nevada corporation ("Teras"), for the purchase of certain mining claims and related property interests comprising the Cahuilla Gold Project in Imperial County, California.
Under the terms of the Agreement, signed on October 18, 2025, NatBridge will acquire 100% of the subsurface mineral rights associated with Land Parcels 45 and 46 of the Cahuilla property, comprising approximately 12,290,139 tonnes containing an aggregate of 122,211 ounces of indicated gold resources at a 0.005 oz/ton cutoff grade, as defined in a completed NI 43-101 technical report. Teras will receive total consideration valued at approximately US$2.75 million, comprised of: (i) an initial payment of US$50,000 previously paid; (ii) a second payment of US$277,505.60 payable within two months of execution of the Agreement; and (iii) a final payment of US$2,427,550.40 payable within thirty calendar days of the first token sale by NatGold Digital Ltd. representing the Phase 1 gold resources (the "Tokenization Event").
"The acquisition of the Cahuilla mineral rights reflects our disciplined approach to building value through the targeted acquisition of high-quality mineral resources," said Stephen Moses, CEO of NatBridge Resources Ltd. "Cahuilla represents exactly the kind of opportunity we pursue-an established and well-documented gold project that aligns with our focus on sound geology, measured growth, and long-term value creation for our shareholders."
Upon completion of all payments as outlined in the Agreement, NatBridge will hold the subsurface rights free and clear of any ongoing fees or obligations related to the surface rights.
The Cahuilla property is located in northwestern Imperial County, California and consists of approximately 1,680 acres of patented claims. The property has an indicated resource estimate of approximately 1.751 million ounces of gold at a 0.005 oz/ton cutoff grade, as outlined in the "Amended Technical Report on the Cahuilla Project Gold and Silver Resources, Imperial County, California" dated March 10, 2021, authored by Steven D. Craig, C.P.G., et al., (the "Technical Report") and prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

