CARLYLE COMMODITIES CORP. announced the commencement of a baseline metallurgical test work program on the Company's Newton Gold Project, a bulk tonnage gold system located approximately 100 km west of the city Williams Lake, British Columbia. The Company has provided five individual higher-grade samples from mineralized intercepts from the 2023 core to Base Met Metallurgical Labs in Kamloops, BC.

The samples were taken from drill holes N23-89, N23-090 and N23-091. Each sample would be coarse crushed, and a portion split for construction of the master composite. Base Metallurgical Labs will use a minimum of approximately 40kg of the Master composite to complete the testing as outlined and the remaining material will be stored for possible future variability testing.

The master composite will be stage crushed to 3.35 mm and homogenized before splitting into 2 kg charges in advance of metallurgical testing. Grind Calibrations will be conducted to establish the grinding time required to reach certain particle size distribution. Gravity concentration tests will be conducted at two primary grind size distributions.

Test products will be assayed for Au and Ag to provide indication of the amenability of gravity concentration. Five whole ore leach tests have been budgeted to determine the gold extraction by leaching. Their team of experienced professionals have an extensive background in comminution testing, automated mineralogy, gold processing technology, flotation, beneficiation and more.

The lab has worked with numerous gold producers including Newmont, Newcrest and IAMGOLD and tested various deposit types in western Canada similar to Newton, most notably Artemis Gold's Blackwater deposit.