Mr. Scott Walters reports

BIG GOLD CONTINUES PHASE 2 EXPLORATION WITH GROUND GEOPHYSICS SURVEY ON THE TABOR PROPERTY

Big Gold Inc. has provided a shareholder update on the phase 2 exploration program on the Tabor property, situated within the Shebandowan greenstone belt northwest of Thunder Bay, Ont.

The company has begun preparations for a ground induced polarization (IP) survey that is set to encompass a significant portion of the eastern part of the project area. This survey is a crucial step in its continuing efforts to refine and pinpoint new exploration and drilling opportunities at Tabor.

Recent surface sampling efforts conducted on the project have yielded promising results, revealing gold mineralization extending over an extensive 7.5-kilometre stretch along the Shebandowan greenstone belt. Of note is the assay value from a grab sample of 0.57 gram per tonne gold at the West End, and the discovery of 1.87 g/t and 2.98 g/t gold at the East Divide target in the eastern part of the property. The coming IP survey is designed to build upon initial groundwork that identified high-priority areas for geophysical examination, ultimately serving as invaluable guidance for identifying prime drilling prospects, given the ability of the IP and associated resistivity survey to outline areas of alteration and sulphide mineralization that can prove to be gold-bearing. The survey is planned to commence in early November, 2023.

"We are excited to announce the start of our IP survey at the Tabor project," shared Scott Walters, president and chief executive officer. "With the valuable insights gained from our phase 1 and 2 exploration programs to date, we eagerly anticipate being in a position to craft an impactful drill program that capitalizes on this data and will be diligent in updating shareholders as the company progresses with its exploration program."

Phase 2 plan for priority targets

• Surface exploration: Additional field visits are planned to take place to help understand alteration and structure which would help define targets for further detailed mapping and sampling of outcrops.
• Relogging and sampling historic core: Identified stored historic drill core will be reviewed and infill sampled as deemed appropriate, potentially providing high value at low cost.
• IP survey: Plans are in place to conduct IP surveys, aiding in further understanding of the alteration and mineralization on the property and defining the highest-priority drill targets.
• Drill program: Leveraging data from the summer field program, the company will refine drill targets and build a database to expedite target prioritization and exploration success.

About the Tabor project

Tabor is adjacent to the east along trend of the Moss project of Goldshore Resources Inc. that hosts a current inferred resource of six million ounces (grading 1.2 g/t gold) at the Moss Lake gold deposit* and is located approximately 20 kilometres to the west of Delta Resources' Delta 1 project.*

Gold mineralization on the project is reportedly associated with quartz veins, shearing and sulphides, including pyrite, pyrrhotite, sphalerite and chalcopyrite. Geological host rocks include mafic volcanics, sericite schists, felsic porphyry units and chemical sediments. Gabbro, sericite schist and bedded sediments are also reported to outcrop on the project. Geological and mineralization characteristics on the property are similar to those found on some of the company's neighbours' properties, including Goldshore Resources' high-profile Moss gold project where 2.17 g/t Au over 50.35 metres was intercepted during its recent drilling and at Delta Resources' Delta-1 gold project where it recently reported a drill intercept of 1.29 g/t gold over 97 metres.

*The project is at an early stage of exploration, and the company cautions that the qualified persons who have reviewed and approved this news release have not verified scientific or technical information produced by third parties, and proximity to projects containing gold resources offers no assurance that the rock types or gold resources reported by Goldshore and others extend onto the project and such proximity is not necessarily indicative of the mineralization reported by third parties with projects in the district.

Qualified person

Bruce Durham, PGeo, is a qualified person, as that term is defined by Canadian regulatory guidelines under National Instrument 43-101, and has read and approved the technical information contained in this press release.

About Big Gold Inc.

Big Gold is a junior mining exploration company. Its initial focus is to conduct exploration programs on the Martin Kenty and Tabor projects located in Ontario. Big Gold will also continue to consider other opportunities as they arise, with the objective of acquiring and exploring early-stage base and precious metal projects.

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