en.Wedoany.com Reported - Advanced Gold Exploration Inc. has obtained an option on the Muriel-Marr project in Ontario through a share issuance. The project, located in the Thunder Bay North district, comprises 403 unpatented mining claims covering approximately 8,287 hectares.

Advanced Gold Exploration Inc. announced that it has issued 400,000 common shares pursuant to an option agreement dated June 23, 2026, with Bounty Gold Corp. and Last Resort Resources Ltd. These shares serve as consideration for the exercise portion, aimed at acquiring the Muriel-Marr project located in the Thunder Bay North district of northwestern Ontario. This mining area hosts multiple advanced exploration and development-stage projects and is considered a significant step in consolidating district-scale mineral rights.

In connection with the transactions under the option agreement, the company also issued 238,888 common shares to certain intermediaries as finder's fees, with a deemed issuance price of CAD $0.135 per share. The company believes that the involvement of experienced prospectors and intermediaries with a proven track record of discovery opportunities in Ontario adds local expertise and technical foundation to the exploration program for the Muriel-Marr project. All securities issued under the option agreement are subject to a statutory hold period of four months and one day from the date of issuance.

Advanced Gold Exploration is a Canadian mineral exploration company with a portfolio that includes the Doyle and Buck Lake gold and copper assets in Ontario, Canada, as well as the recently acquired Silver Belle asset in Nevada. The company focuses on identifying and acquiring assets with substantial historical work that are undervalued, and is committed to creating value for partners and shareholders.