Mr. Kevin Hanson reports

GOLDEN AGE EXPLORATION OPTIONS BLACK HAWK GOLD PROJECT, ACQUIRES EXPANSIVE THOMPSON CLAIMS AND PROVIDES MAGIC PROPERTY UPDATE

Golden Age Exploration Ltd. has entered into an option agreement with three individuals to acquire a 100-per-cent interest in the high-grade Black Hawk gold project, a 330-hectare prospect located approximately 19 kilometres north-northwest of Vernon, B.C. Simultaneously, the company has also acquired a 100-per-cent interest in the adjacent Thompson claims, a strategic 4,300-hectare land package.

Details of the option agreement

Pursuant to the terms of the option agreement, the company was granted an option to acquire up to 100 per cent of the Black Hawk project. The option can be exercised by the company on or prior to the fourth anniversary of the option agreement by making the cash payments, issuances of common shares in the capital of the company and incurring the exploration expenditures on or before the dates indicated in the table below. The date of closing will be such date that is mutually agreed to by the company and the optionees after satisfaction or waiver of all the conditions set forth in the option agreement.

In connection with the option agreement, the company also granted a 1.5-per-cent net smelter return royalty to the optionees, which may be reduced to 1.0 per cent on payment to the optionees of $1-million. Also, upon the company obtaining a compliant technical report that reports a resource of a minimum of one million ounces of gold or equivalent, the company will then pay to the optionee a milestone payment of 25 cents per gold equivalent ounce reported. The company has the option to pay all cash payments and expenditures in common shares of the company.

Closing of the option agreement remains subject to, without limitation, receiving all necessary consents and approvals, as well as the satisfaction of customary closing conditions.

Details of purchase agreement

Pursuant to a mineral property purchase agreement, the company acquired an undivided 100-per-cent interest in the Thompson claims in consideration of the payment of $26,000.

Magic property

The company's Magic property is an early-stage mineral exploration prospect which encompasses four mineral tenures totalling 1,294 hectares located south of Nazko in the Chilcotin district of central British Columbia approximately 75 kilometres southwest of Quesnel, B.C. The Magic property is located 105 kilometres southeast of Artemis Gold Inc.'s Blackwater gold-silver deposit and is on the same linear feature that crosses that property and Artemis's Capoose property, Canagold's Windfall Hills property and Sun Summit's project farther to the northwest. Artemis has reported that its Blackwater deposit commenced commercial production on May 1, 2025. The company has an option to acquire an up-to-80-per-cent undivided interest in the Magic property, after which the agreement becomes a joint venture with the optionor.

While permitting delays prevented the execution of the planned 2025 summer exploration program on its Magic property, this has allowed the company to thoroughly refine its exploration strategy and optimize its phase 1 MMI soil geochemical sampling program and rock sampling program for execution in the spring/summer of 2026. The company will also prioritize trenching to further investigate the encouraging altered volcanics discovered on the property. If successful, the trenching program is expected to define the near-surface extent of mineralization, reveal geological structures controlling gold and silver distribution, and provide representative samples for assay.

Golden Age is committed to working collaboratively with the Nazko First Nation. The company had an encouraging initial meeting with representatives of the Nazko First Nation, including the Nazko Economic Development Corp.

About Golden Age Exploration Ltd.

Golden Age is a dynamic mineral exploration company with an international reach, focused on the acquisition, exploration and development of high-potential gold and silver projects in premier, mining-friendly jurisdictions globally. The company's core business is to meticulously identify, analyze and reassess extensive historic and regional data from around the globe to pinpoint best-in-their-class resource assets worthy of significant exploration and exploitation. The company's focus extends to mining-friendly jurisdictions that offer low political risk and adhere to the letter of the law. The acquisition of the high-grade Black Hawk project and the adjacent expansive Thompson claims in British Columbia perfectly exemplifies this strategy. This strategic assembly of land consolidates a compelling 4,630-hectare package within a premier and stable jurisdiction.

Use of artificial intelligence in company assessments and planning

The company is committed to leveraging cutting-edge technologies to enhance its exploration and strategic decision making. The company utilizes advanced artificial intelligence and machine learning tools in its assessment, data analysis, organizational planning and strategic project selection processes. These technologies aid in the efficient processing of vast data sets, identification of complex patterns and generation of insights, thereby augmenting the capabilities of its human geological and management teams. While AI tools enhance its analytical capabilities and contribute to the efficiency and depth of its assessments, they are based on algorithms, historical data and predictive models. As such, their outputs are inherently subject to the limitations, assumptions and potential biases of these models. The use of AI does not eliminate the inherent risks and uncertainties associated with mineral exploration, resource estimation and the forward-looking statements contained in its disclosures. All interpretations, final strategic decisions and exploration plans are ultimately subject to the rigorous review and judgment of its qualified human geological and management teams. Investors should not place undue reliance on the company's use of AI as a guarantee of future performance or outcomes.

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