Highlights from this update include:

Expansion drill hole RH26C-417 intersected 5.24 grams per tonne gold (g/t Au) and 4.43 g/t silver (g/t Ag) over 13.5 meters (71 gram-meters Au), including 12.15 g/t Au and 3.08 g/t Ag over 1.8 meters (22 gram-meters Au) and RH26C-418 intersected 3.33 g/t Au and 5.81 g/t Ag over 20.9 meters (70 gram-meters Au). RH26C-417 and RH26C-418 are located approximately 440 meters (1,444 feet) and 230 meters (755 feet), respectively, north of the current measured and indicated resource boundary ("M&I boundary") and represent meaningful step-outs. The 2025-2026 northeast expansion drill programs covered an area of 580 meters (1,903 feet) north - south and 730 meters (2,395 feet) east – west past the current M&I boundary. The mineralization in the northeast is only limited by drilling and remains open in all directions.

The 2026 drill campaign continues to deliver multiple higher-grade gold intercepts, with expansion holes RH26C-417 and RH26C-418 both exceeding the average grade of 0.566 g/t Au outlined in the IACF measured and indicated mine plan. These results build on the success of prior drilling, further highlighting the northeast area of the Project as a key zone of higher-grade gold mineralization. Notably, the highest gram-meter gold intersection from the 2025 infill and expansion drill campaign was located in the northeast area - RH25C-310 intersected 5 g/t Au and 28.64 g/t Ag over 24.9 meters (124 gram-meters Au), including 60.82 g/t Au and 61.68 g/t Ag over 1.5 meters (89 gram-meters Au).

Over 94% of the total planned drilling for this year's Richmond Hill Campaign has been completed to date with 16,390 meters in 104 drill holes. Drilling productivity and assay turnaround times remain on track, and the Campaign is expected to be completed at the end of June 2026.