Axcap Ventures Advances Gold Strategy with Over 6 Million Ounces Acquired and New Drilling Underway

(Top of article disclaimer) This article was disseminated on behalf of Axcap Ventures Inc.

Axcap Ventures Advances Gold Strategy with Over 6 Million Ounces Acquired and New Drilling Underway

In a gold market defined by strong pricing and resurging demand, one Canadian-listed investment issuer continues to quietly accumulate scale—and is now entering a new phase of active development.

Axcap Ventures Inc. (CSE: AXCP | OTC: GARLF) has just announced a significant corporate update that marks a milestone moment in its growth strategy. The company has:

• Acquired over 6 million ounces of Measured & Indicated (M+I) gold resources
• Launched a new drill program at its flagship project in Nevada
• Strengthened its leadership team with proven industry professionals
• Unveiled a new corporate website and investor presentation to showcase its rebrand and growing asset base

All signs point to a company that is now ready to scale its vision and step into a more visible position in the gold investment landscape.

A Portfolio Built for Scale—and Value

Over the past year, Axcap has executed on a focused strategy: identify high-quality gold projects in North America that are priced well below historical norms.

That strategy is now beginning to show its results. Across its three core projects, the company has acquired:

• 6.18 million ounces of M+I gold resources
• 1.69 million ounces of Inferred resources

These ounces are located in some of the most geologically and politically stable regions on the continent:

• Converse (Nevada) – The flagship, holding 5.57Moz M+I gold resources in the heart of Nevada’s prolific Battle Mountain trend.
• Rattlesnake Hills (Wyoming) – A large alkaline gold system with 0.61Moz M+I and 0.43Moz Inferred gold resources. The district is known for its potential scalability.
• Newton (British Columbia) – A 0.84Moz Inferred gold project located in a proven gold belt. Currently at the Letter of Intent (LOI) stage, with strong expansion potential.

Combined, these assets provide Axcap with hard gold exposure at what the company believes is a meaningful discount to broader market valuations.

Converse Drilling Begins: Unlocking New Potential

As of April 2025, Axcap has launched a fully funded 5,000-meter drill program at the Converse Project in Nevada.

This program will target:

• Depth extensions and structural zones within the known deposit
• Lower plate rock formations, which are historically associated with some of Nevada’s largest gold discoveries

While early-stage in terms of drilling, the campaign represents a pivotal step in potentially de-risking and expanding what is already one of the largest undeveloped gold resources in the U.S.

Axcap has also indicated that additional work is planned across its portfolio in the 2025 field season, pointing to a sustained period of exploration and advancement.

A Strengthened Team, Ready to Execute

Another highlight of Axcap’s update is the expansion of its corporate and technical leadership.

This includes the addition of Blake Mclaughlin, P.Geo, who now leads the exploration team. Mr. Mclaughlin brings direct experience from Argonaut Gold, where he served as Chief Geologist prior to the company’s US$325 million acquisition by Alamos Gold in 2024.

This appointment adds both credibility and technical horsepower as Axcap transitions from acquisition mode to value creation through exploration and project advancement.

Final Takeaway: A Phase Shift in Motion

Axcap Ventures has entered a new chapter.

With nearly 8 million ounces of gold resources across its investee portfolio, a major drill program underway, and a strengthened team at the helm, the company is beginning to deploy the strategy it’s spent the past year building toward.

At a time when the disconnect between gold prices and early-stage equities remains wide, companies with real assets and active exploration plans may begin to stand out.

Axcap appears positioned for that shift.

Disclaimer

This article was disseminated on behalf of Axcap Ventures Inc. The content is provided by Cashu Technologies Pty Ltd (“We” or “Us”), who are not securities dealers, brokers, or financial advisers. Axcap Ventures Inc. made a one-time payment of $8,000 for marketing services for a term of 3 days. This is not investment advice. Investing in early-stage public companies carries risk, including total loss of capital. This article is for informational purposes only. Readers are encouraged to review the company’s SEDAR+ and SEC filings and conduct their own due diligence.

Forward-Looking Statements

This article contains forward-looking statements based on current expectations and beliefs. These involve risks and uncertainties that may cause actual results to differ materially. Readers should not rely on these statements and should consider them only as of the publication date.