Mr. Joseph Kizis reports

BRAVADA ANNOUNCES THE APPOINTMENT OF ADAM MELNYK AS DIRECTOR

Adam Melnyk, PEng, CFA, has joined the board of directors of Bravada Gold Corp. Bravada chairman Lawrence Page, KC, commented: "Adam's experience in mine development, business development and financing contributes critical elements to the company's board and management as we conduct a prefeasibility study on Wind Mountain and ultimately to advance the project to a production decision."

Mr. Melnyk commented: "I am pleased to join Bravada's board at a key time for the company. We believe our high-quality asset base is fundamentally underappreciated by the market. Bravada's flagship Wind Mountain project in Nevada has all the hallmarks of a potential low-strip, high-margin heap-leach gold project. As we derisk this asset, including with the delivery of a prefeasibility study, we expect to create tangible value for Bravada stakeholders. I anticipate working closely with Bravada's management team to advance and optimize this exciting project. In addition, we are looking forward to exploring the potential of Bravada's deep portfolio of exploration-stage assets, all of which are located in world-class mining districts in Nevada."

About Mr. Melnyk

Mr. Melnyk currently serves as vice-president of corporate development at Luca Mining Corp., a multiasset, polymetallic mining company with operations in Mexico. Previously, Mr. Melnyk was employed as vice-president of business development at Victoria Gold Corp. He also has extensive buy-side experience in the mining industry as the head of mining research at Sun Valley Gold LLC, an SEC-registered (U.S. Securities and Exchange Commission) investment adviser and hedge fund. In addition, he has worked in equity research as a publishing mining analyst with both bank-owned and independent investment dealers, where he developed a reputation for thoughtful independent analysis and maintained a strong client base. Prior to the financial industry, Mr. Melnyk was employed as a mining engineer with Golder Associates and worked in the exploration division of Goldcorp's Red Lake mine.

Mr. Melnyk holds a BSc in geological engineering (honours) from Queen's University in Kingston, Ont., and is registered as a professional engineer (PEng) with the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC). He is also a CFA charterholder.

In connection with his appointment as a director, Bravada has granted Mr. Melnyk incentive stock options exercisable to purchase 250,000 common shares at an exercise price of 92 cents per share for a period of five years. The stock options are subject to the terms and conditions of Bravada's stock option plan and the policies of the TSX Venture Exchange.

About Wind Mountain

Subsequent to the company's resource update in September, 2025, the company has arranged for several independent contractors to conduct updated studies that are necessary for the PFS and ultimately for renewed mine permitting. Under way or expected to begin over the coming months include mine planning and design for the expanded resource, metallurgy, archeology, biology/wildlife, hydrology, and detailed resource evaluation to convert the small amount of in-pit inferred resource to indicated resource, which could be converted to probable reserve by a successful PFS. Being a past-producing open-pit/heap-leach mining operation and having been successfully reclaimed by the previous mine operator, there is a large amount of historic data to be drawn upon to reduce costs compared with permitting a virgin deposit.

About Bravada Gold Corp.

Bravada is a long-established exploration and development company with a portfolio of high-quality properties in Nevada, one of the best mining jurisdictions in the world. Utilizing a modified joint venture business model, Bravada has successfully identified and advanced properties with the potential to host high-margin deposits while successfully attracting partners to finance later stages of project development. Bravada's value is underpinned by a substantial gold and silver resource with a positive PEA (preliminary economic assessment) study conducted in 2022 on a phase I portion of the Wind Mountain deposit, and additional phases are being evaluated for the project as part of a continuing prefeasibility assessment. In addition, the company has significant upside potential from possible new discoveries at its other exploration properties.

Since 2005, the company has signed 33 earn-in joint venture agreements for its properties with 20 publicly traded companies as well as a similar number of property acquisition agreements with private individuals. Bravada currently has eight projects in its portfolio, consisting of 782 claims for approximately 6,329 hectares in two of Nevada's most prolific gold trends. Most of the projects host encouraging drill intercepts of gold and already have drill targets developed.

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