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Roxmore Resources Significantly Expands Land Position at Converse Gold Project By 70%
VANCOUVER, BC / ACCESS Newswire / April 17, 2026 / Roxmore Resources Inc. (formerly, Axcap Ventures Inc.) (TSX:RM)(OTCQX:GARLF) ("Roxmore" or "the Company") is pleased to announce that it has significantly expanded its land position at its flagship …
VANCOUVER, BC / ACCESS Newswire / April 17, 2026 / Roxmore Resources Inc. (formerly, Axcap Ventures Inc.) (TSX:RM)(OTCQX:GARLF) ("Roxmore" or "the Company") is pleased to announce that it has significantly expanded its land position at its flagship Converse Gold Project ("Converse" or the "Project"), located on the Battle Mountain - Eureka Trend in Nevada, USA.
The expanded land position provides additional flexibility for future project design and infrastructure layout ahead of the Company's upcoming Preliminary Economic Assessment ("PEA").
Key Highlights
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Acreage available to support future project development increased by 70%
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Land position expanded from 7,784 acres to 13,257 acres over the past six months through a combination of claim staking and private land acquisitions
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Expanded footprint enables a more efficient layout of mining infrastructure to support future growth and development of the Converse Gold Project
Land Position
Over the past six months, the Company has undertaken a series of initiatives to expand its land position, including staking additional mineral claims on Bureau of Land Management ("BLM") lands and acquiring private land parcels that are contiguous or proximal to the claims hosting the Converse deposit.
This expanded land package provides a broader footprint surrounding Converse, which is expected to support future resource growth and enable a more efficient and optimized layout of surface infrastructure.
John Dorward, Executive Chairman of Roxmore, commented: "We are very pleased to have secured this expanded footprint ahead of our upcoming PEA. The additional land along the western boundary of the previous land position is particularly advantageous, as it provides greater flexibility for optimizing surface layout in potential development scenarios."
The overall cost of the additional staking and private land acquisitions was approximately US$700,000.
Figure 1: Converse Gold Project land position showing recent additions
Upcoming Catalysts
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Q2 2026 - Additional drill results from current program
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Q2 2026 - Release of the Converse PEA
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Q3 2026 - Results of silver re-assay program
About Roxmore Resources Inc.
Roxmore is focused on developing its flagship, Converse Gold Project, one of the largest undeveloped gold deposits not owned by a major mining company in Nevada, USA. The Converse Gold Project is located within the prolific Battle Mountain trend containing 5.57Moz Au of Measured and Indicated Mineral Resources and 0.42Moz Au Inferred Mineral Resources (238mt at 0.539g/t Au for 4.13Moz Measured Mineral Resources; 92mt at 0.487g/t Au for 1.44Moz Indicated, 25mt at 0.528g/t Au for 0.42Moz Inferred Mineral Resources). With decades of expertise in Nevada and globally, our Board and management are focused on unlocking the potential of this project. For further details please refer to our technical report entitled "Amended and Restated NI 43-101 Technical Report and Mineral Resource Update, Converse Property, Humboldt County, Nevada, USA" dated effective February 13, 2025 which is available on our website at www.axcapventures.ca and on our SEDAR+ profile at www.sedarplus.ca.
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