Mr. Bassam Moubarak reports

FREEMAN GOLD COMPLETES DRILLING AT THE LEMHI GOLD PROJECT

Freeman Gold Corp. has completed its reverse circulation (RC) drilling program at the Lemhi gold project.

The RC drill program consisted of approximately 2,860 metres of drilling in 30 drill holes. The drilling was designed to:

1. Convert inferred ounces from the current mineral resource estimate (MRE) (see Freeman's news release dated May 15, 2025) to either measured or indicated (approximately 1,820 metres in 23 drill holes) for those ounces contained within the pit shell as designed as part of Freeman's preliminary economic assessment (PEA) (see Freeman's news release dated Oct. 16, 2023);
2. Complete farther exploration to the north, south and at the Beauty zone (approximately 1,040 metres in seven drill holes.

Freeman anticipates receiving assay results from the RC program in early Q3 and will report results as they become available.

Bassam Moubarak, chief executive officer of Freeman, stated: "We are pleased have completed our RC drill program on time and on budget. Results from this drilling will be used to update our existing MRE, as well as show there is further exploration potential around the proposed pit. We look forward to receiving an updated plan of operations that will enable us to assess exploration targets farther from the current deposit."

About Freeman Gold Corp. and the project

Freeman Gold is a mineral exploration company focused on the development of its 100-per-cent-owned Lemhi gold property. The project comprises 30 square kilometres of highly prospective land, hosting a near-surface oxide gold resource. The pit constrained National Instrument 43-101-(NI 43-101)-compliant mineral resource estimate is comprised of 988,100 ounces gold (oz Au) at 1.0 gram per tonne (g/t) in 30.02 million tonnes (4.7 million tonnes measured (168,800 oz) and 25.5 million tonnes indicated (819,300 oz)) and 256,000 oz Au at 1.04 g/t Au in 7.63 million tonnes (inferred). The company is focused on growing and advancing the project toward a production decision. To date, 525 drill holes and 92,696 m of drilling has historically been completed.

The technical content of this release has been reviewed and approved by Dean Besserer, PGeo, vice-president of exploration of the company and a qualified person as defined by National Instrument 43-101.

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