Mr. Dan McCoy reports

EMINENT ANNOUNCES POSITIVE RESULTS FROM SEISMIC SURVEY AT HOT SPRINGS RANGE PROJECT, NEVADA

Eminent Gold Corp. has successfully completion and interpretation of a deep refraction microtremor (ReMi) seismic survey (see technical paragraph below) across the Otis and Eden targets on its 100-per-cent-owned Hot Springs Range project (HSRP) in Humboldt county, Nevada.

This technique represents a novel approach for hard-rock mineral exploration, using tighter geophone spacing than traditional oil and gas seismic surveys to deliver higher-resolution imaging of geologic structures concealed beneath postmineral cover. These new images are helping the company refine its understanding of the subsurface structures that control where gold is deposited in Carlin-type systems as it prepares for its next drill program, scheduled to begin in the coming weeks.

Dan McCoy, president and chief executive officer, commented: "This study represents another key building block in our targeting work at HSRP. We are currently completing the processing of our newly acquired magnetic data set, and, once finalized, we will integrate all geophysical data with geochemical results and drilling to optimize our 2026 HSRP drill program, which begins in the coming weeks.

"The reverse circulation drilling, combined with photon assay, will provide continuous assays throughout the summer as we work to expand the significant emerging oxide Carlin-style discovery at HSRP. We also plan to test our high-priority Eden target, as well as our Celts project, both of which have the potential to deliver additional new discoveries in Nevada."

Key results

Otis target

A calibration line was run directly over existing drill holes at Otis, allowing seismic velocities to be matched to rock types observed in drill core. The survey also imaged additional structural features, including the Paradise fault, and provided further support for the interpreted position of the Little Humboldt fault. The best intercept to date of 9.2 metres grading 3.2 grams per tonne gold (reported Jan. 6, 2026) is interpreted to be spatially associated with this structure.

The seismic results now allow the company to design additional drill holes to test the Little Humboldt fault as well as initial drilling of the Paradise, Otis and Hinkey faults and their intersections. The phase II reverse circulation drill program will focus on defining each structure with multiple intercepts along strike and at various depths. The planned drill holes and targets are conceptual in nature and may change based on continuing interpretation and new data.

Eden target

Six seismic lines at Eden have provided a clear, high-resolution image of the structures and stratigraphy beneath postmineral cover. The data reveal fault zones that coincide not only with mapped surface traces but also with surface geochemistry indicative of hydrothermal sulphides at depth (reported Feb. 24, 2021) and gravity features (reported Sept. 22, 2025), providing multiple lines of evidence for the location of structural targets at depth.

This new information will significantly improve drill targeting and planning for phase I drilling at Eden, where a three-kilometre-long gold-in-soil anomaly already highlights strong potential. The planned drill holes and targets are conceptual in nature and may change based on continuing interpretation and new data. The Eden drill program will commence immediately following the drilling at Otis.

Justin Milliard, vice-president of exploration, commented: "The seismic survey provides a much clearer view of the subsurface in areas where traditional mapping cannot reach. At Otis, the results support our geological model and highlight new structures that are now ready for drill testing. At Eden, we now have a sharper understanding of the fault architecture, which will help us focus on the highest-priority targets.

"Combined with our recent drilling results and land expansion, these results reinforce our view that HSRP is emerging as an exciting new Carlin-style gold opportunity in Nevada."

Technical paragraph

The ReMi seismic survey, conducted by Terean, provides high-resolution subsurface shear-wave velocity imaging that advances the company's understanding of structural controls on its emerging Carlin-type oxide gold system. The ReMi technique, developed by Prof. John Louie (2001), utilizes ambient and active seismic noise recorded along linear geophone arrays to generate Rayleigh-wave dispersion curves. These curves are inverted to produce detailed 1-D and 2-D shear-wave velocity (Vs) models of the subsurface. Longer arrays enable deeper imaging (up to approximately one kilometre), while 16-metre geophone spacing provides strong lateral resolution. The method effectively maps basin-fill thickness, fault structures, and zones of alteration or induration beneath alluvial cover.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Justin B. Milliard, PGeo, vice-president of exploration for the company and a non-independent qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

References to nearby districts such as the Getchell trend are for geological context only and should not be construed as indicating mineralization on Eminent's properties.

About Eminent Gold Corp.

Eminent Gold is a gold exploration company focused on creating shareholder value through the exploration and discovery of world-class gold deposits in Nevada. Its multidisciplinary team has had multiple successes in gold discoveries and brings expertise and new ideas to the Great basin. The company's exploration assets in the Great basin include: Hot Springs Range, Celts and Gilbert South.

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