Mr. Tom Obradovich reports

CONQUEST RESOURCES SAMPLES 15.31 G/T GOLD OVER 3.00 M AT SMITH LAKE

Conquest Resources Ltd. has released channel and grab sample results from its 100-per-cent-owned Smith Lake gold project, situated adjacent to Barrick Mining Corp.'s past-producing Renabie gold mine which produced more than one million ounces of gold from 1941 through to 1991 at a grade of 6.6 grams per tonne Au (gold) and two g/t Ag (silver).

Note: Mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the property.

In June, 2026, Conquest personnel visited the Smith Lake gold project and collected 15 channel samples and three grab samples of selected areas covering the Campbell vein. Channel sample lengths ranged from 0.35 to 1.60 metres, with results ranging from 0.03 g/t to 29.1 g/t Au, with six of the 15 channel samples returning greater than one g/t Au. Grab samples ranged from 0.17 to 4.98 g/t Au. Samples were collected mainly from pyrite-bearing irregular to folded massive to ribbon-textured quartz veins and sheared metavolcanics.

Two composite weighted averages from channels 1 and 5 returned 1.95 g/t over 1.95 m from Channel 1, and 15.31 g/t over three m from Channel 5.

Sample results are provided in tables 1 and 2.

Selected grab samples are by nature selective and are not necessarily representative of mineralization on the project. True widths of the mineralization reported from the channel samples have not yet been determined.

Samples were delivered by representatives of Conquest to Activation Laboratories Ltd. in North Bay, Ont. Conquest inserted a standard and a blank as part of its QA/QC (quality assurance/quality control) procedure for this program. Activation laboratories also performs an internal QA/QC program with includes the insertion of CRMs, blanks, sample repeats and duplicate samples. Samples were analyzed using the RX1 and 1A2 packages. A gravimetric finish (1A3) was used for samples that returned greater than 5,000 parts per billion Au.

Conquest is expanding its exploration program at Smith Lake with an approximate 500-sample B-horizon geochemical survey planned this fall that will cover an area north-northeast of the Smith Lake gold zone. The program is designed to target potential east-west-orientated gold-bearing structures that have gone undetected in an area with very limited historical exploration.

Qualified person

The technical content of this news release has been reviewed and approved by Joerg Kleinboeck, PGeo, a non-independent qualified person as defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Joerg Kleinboeck, PGeo, has verified the technical data disclosed in this release and consents to its publication.

About Conquest Resources Ltd.

Conquest Resources, incorporated in 1945, is a mineral exploration company exploring for base metals and gold on mineral properties in Ontario and Finland. Conquest recently acquired the Valimaki gold project in southwestern Finland, a district-scale gold exploration property with extensive historical exploration and drilling.

Conquest holds a 100-per-cent interest in the Belfast-Teck Mag project, located in the Temagami mining camp at Emerald Lake, Ont., which is believed to have exploration potential for magmatic sulphide deposits (Cu-Ni-PGE), VMS, IOCG, iron-formation-hosted gold and paleo-placer gold. The company also holds interests in the Alexander gold property, the Smith Lake gold property, the King Bay gold property and the Lake Nipigon basin property.

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