Mr. Dan McCoy reports

EMINENT REPORTS AIRBORNE GEOPHYSICAL SURVEY RESULTS AT HOT SPRINGS RANGE

Eminent Gold Corp. has successfully completed and interpreted a high-resolution airborne magnetic and radiometric survey over its 100-per-cent-owned Hot Springs Range project (HSRP) in Humboldt county, Nevada.

Dan McCoy, president and chief executive officer, commented:

"The airborne magnetic and radiometric survey has delivered outstanding resolution of the structural framework at HSRP. Multiple layers of geophysical evidence now reinforce our geological model and clearly define high-priority drill targets along this emerging Carlin-style gold trend parallel to the Getchell trend. Combined with our recent seismic success and drilling intercepts, these results strongly position us for the next phase of drilling, set to commence July 6, 2026."

The company plans to integrate these new airborne results with existing seismic, geochemical and drilling data to finalize targets for its upcoming 10,000-metre reverse circulation drill program at HSRP. Three crews will operate continuously to accelerate drilling and assay turnaround across the Otis and Eden targets.

The survey

The survey, flown by Precision GeoSurveys in March, 2026, covered approximately 53 square kilometres with 50-metre line spacing and tight terrain clearance. It provides detailed geophysical data that significantly enhances the company's understanding of subsurface structures, lithologies and potential alteration zones associated with its emerging Carlin-type gold system.

Key results:

Structural and lithological mapping: The magnetic data clearly delineate contrasts between magnetic Tertiary volcanic rocks and non-magnetic Paleozoic/Mesozoic sedimentary units. Numerous linear features, offsets and boundaries highlight fault structures, and contacts that align with known mineralized corridors at Otis and Eden. The survey confirms and refines major structures, especially at Eden, where the Paleozoic rocks at depth are obscured by post mineral volcanics and sediments. The primary north-south structures originally mapped from surface, then refined by the seismic survey (see the company's May 25, 2026, news release) are further characterized by the magnetic and radiometric data. The data further identifies additional prospective features.

Radiometric insights: Radiometric data (potassium, thorium, uranium and total count) provide complementary information on surface geochemistry and alteration. Potassium highs and ratio anomalies help map potential hydrothermal alteration zones critical for gold mineralization. These signatures align well with existing soil geochemistry and gravity anomalies, strengthening target prioritization.

Integration with existing data: The new airborne data set integrates seamlessly with prior gravity, seismic (ReMi) and geochemical surveys. A detailed magnetic vector inversion (MVI) model further refines 3-D subsurface architecture, supporting drill hole planning at Otis and Eden targets.

Demagnetized zones and structural intersections: A prominent demagnetized zone is evident in the interpreted Paleozoic basement at Eden. This zone is coincident with the intersections of first-order (that is, Spring City, Bullhead and Shelton faults) and second-order faults (that is, Crossover, Bear, Crossroads, Chimney and South Fork faults) and aligns with surface geochemistry anomalies. Such demagnetization is often associated with hydrothermal alteration and structural preparation -- key controls for Carlin-type gold mineralization in Nevada.

Additional details on the Otis and Eden targets, including figures and seismic interpretations, are available in the company's May 26, 2026, news release.

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.

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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