Mr. Quentin Mai reports

CARLIN GOLD ANNOUNCES SNOWLINE GOLD AND FIREWEED ZINC ROYALTIES

Carlin Gold Corp. holds two royalties in the Yukon territory with Snowline gold and Fireweed zinc.

The Snowline gold royalty has six claims, five to the south, east and southeast and one to the northwest of the known mineralization. The Fireweed zinc royalty has options on three claims to the north, northwest and east. Both areas of royalties covered ground are in an early stage of exploration.

The Yukon-based royalties held by Carlin Gold are:

• Snowline gold -- 2-per-cent all metal net smelter royalty;
• Fireweed zinc -- 0.25-per-cent base metal NSR and 1-per-cent precious metal NSR.

The Snowline gold royalty will be added into a newly formed royalty company, Carlin Gold Royalties Spinco, that holds the Cortez Summit 5-per-cent NSR adjoining the Fourmile-Goldrush property boundary in Nevada. This private holding company is being prepared for distribution to shareholders. Details of the new company will be released in due course.

The Fireweed zinc royalty is being evaluated for how it would add the most accretive value to shareholders.

Cal Everett, chairman of the company, commented: "None of the royalties in our portfolio are for sale. They will be centrepieces to grow from as we add in new projects."

Carlin Gold will continue to build on its royalty portfolio, which could include an NSR on its 100-per-cent-owned Ivy copper project located in Elko county, Nevada. A new company has been established, Ivy Copper Corp., to hold this copper-gold asset. Ivy is drill ready and permitted. Drilling will commence as soon as a drill can be secured.

Equedia Network Corp. marketing agreement

Carlin Gold has engaged Equedia, an arm's-length service provider, to provide communications and advisory services in accordance with TSX Venture Exchange Policy 3.4 and applicable securities laws. Equedia is owned by Ivan Lo and based in Richmond, B.C. Equedia specializes in marketing, communications, media engagement and public awareness services within the mining and metal sector. Under a media and investor relations service agreement dated Oct. 5, 2026, Equedia will provide communications, marketing and advisory services to the company for a three-month term beginning Nov. 1, 2026, and a one-time fee of $500,000 (U.S.), plus applicable taxes payable at the commencement of services. Renewal budgets for any extension of the term, beyond the initial three-month term, shall be agreed in writing by both parties prior to the commencement of each renewal period.

The company will not issue any securities to Equedia as compensation for its marketing services. The marketing agreement with Equedia is subject to TSX Venture Exchange approval. Mr. Lo is a shareholder of Carlin Gold.

About Carlin Gold Corp.

Carlin Gold is a Vancouver-based exploration company with a portfolio of three wholly owned properties in Nevada. The company's Cortez Summit property is a gold exploration project located in Nevada's Cortez gold district. The company also owns the Ivy copper-gold project in Nevada's Contact mining district and the Willow gold exploration property in Elko county, Nevada.

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