Las Vegas, Nevada--(Newsfile Corp. - September 1, 2026) - DLT Resolution Inc. (OTCID: DLTI) today announced that it has signed a Letter of Intent to acquire Canadian/Chilean emergent gold producer J3M Gold Corporation.
J3M Gold Corporation ("J3M") is a Canadian company with subsidiaries in Chile and Colombia. In Chile, J3M has signed a Letter of Intent with the owners of eight mineral concessions permitted for mining and the Las Palmas mill, which has a processing capacity of some 250 tonnes per day. Ore from two of the three defined mineralized veins on two of the eight production concessions is trucked to the Las Palmas mill, some 16 km south by paved highway. The Las Palmas mill is currently producing between 35 and 38 tonnes per day.
The proposed transaction is expected to be completed through the issuance of DLT Resolution Inc. common shares and a 52% earn-in on the Chilean operation. Under the earn-in, DLT and J3M would invest approximately US$3 million to upgrade the Las Palmas mill and related mine infrastructure and thereby earn a 52% direct interest in the Las Palmas mill and mining concessions, to be held by J3M Gold Chile SpA. Structuring the agreement this way allows the Company to benefit from the J3M strategy of acquiring processing mills, modernizing them, and offering bespoke ore processing solutions to artisanal miners. J3M Gold Chile SpA will be the holding company for other corporations set up to hold additional production assets, when acquired.
In connection with this proposed transaction, DLT management is working to reduce the Company's issued and outstanding share count.
Chairman Drew Reid said, "The acquisition of J3M Gold Corp will be an excellent way to enter the global gold production industry, right when the gold price is, historically, the highest it has ever been, and gold producer equities are trading at record highs as well. With this investment, the Company expects to produce some 10,000 oz gold in the first operating year. The J3M agreement was to bring the mill production to 80 tonnes per day and the mine production to 100 tonnes per day. The Company sees this as a stable starting point for potentially explosive growth in gold production, and the financial benefits from so doing."
The acquisition includes a direct interest in eight mining concessions. Mining infrastructure includes a spiral ramp descending some 98m vertically on the principal Olguita vein with three eventual production levels. J3M has defined a mineralized zone of some 128m long on the second level, with gold values averaging over 10 g/t and as high as 297 g/t, over a vein width of 1.8m. Process testing done by J3M shows that there are both coarse and fine populations of gold contained. The Magdalena vein is in a surface trench approximately four km east of Olguita, on the same structure. The Magdalena mineralized zone is 25m wide, which is not true width, and has shown preliminary gold values to 6.9 g/t gold in 1.0m chip samples. Olguita and Magdalena are located on an east-west extensional fault, while the La Nena vein is located on a north-south tensional fault. The La Nena vein is on average 2.0m wide. Sampling has shown average grades above 5 g/t with values to 45.9 g/t.
J3M CEO Jim Steel MBA P.Geo. said, "J3M Gold Corp is delighted to be joining DLT Resolution Inc. in developing the mines and optimizing the mill. Our work on the project has been limited to date, focusing on metallurgical acceptability for production instead of geology for resource definition. We have shown that a gravitational separation plant is needed for the coarse gold, which will allow us to produce at least 15 kg of gold in bar form starting in operating year 2. In the mill, we have optimized the crushing and grinding system by bringing another primary crusher online and replacing the low volume trapiches with higher volume ball mills. the Company expects to produce some 10,000 oz gold in the first operating year. I believe that in working with DLT Resolution Inc., we will achieve gold production and operating earnings, in 2026."
DLT Resolution Inc. and J3M Gold Corporation will negotiate a Definitive Agreement over the next 60 days, while both companies continue operations in the ordinary course of business.
Consistent with that focus, the Company has determined not to proceed with a previously announced skin-care license transaction and will concentrate its resources on the J3M opportunity and its existing operations.
Qualified Person Statement
The news release has been reviewed and approved by Mr. Jim Steel, P.Geo., M.B.A., a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects". Sample values reported in this document are compliant with NI 43-101 in sampling procedure, QA/QC and assay procedure.
About DLT Resolution Inc.
DLT Resolution Inc. (OTCID: DLTI) is a U.S. publicly traded company focused on acquiring and developing businesses that can deliver growth and long-term value for shareholders. The Company currently operates in telecommunications and blockchain infrastructure and is developing a life settlement fund-management business. Through the proposed J3M transaction, DLT is expanding into gold and silver production.
Media Contact:
DLT Resolution Inc.
Drew A. Reid
Executive Chairman & CEO
1 (800) 463-5465
dreid@dltresolution.com
Julia Robinson
Media & Shareholder Relations
1 (800) 463-5465
jrobinson@dltresolution.net
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact are forward-looking statements, including statements regarding the proposed acquisition, the earn-in and related capital investment, facility expansion, production estimates, any reduction in issued and outstanding shares, and the decision not to proceed with a previously announced transaction. Forward-looking statements are based on management's plans, estimates, assumptions, and projections at the time the statements are made and are not guarantees of future performance. There can be no assurance that a definitive agreement will be executed or that the transaction will close on the terms described or at all. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Achievement of future results is subject to risks, uncertainties, and assumptions, including those discussed in our filings with the Securities and Exchange Commission and OTC Markets. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated, or expected. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.
SOURCE: DLT Resolution Inc.

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