Mr. Tibor Gajdics reports

GOLDEN AGE EXPLORATION LTD. ANNOUNCES EXTENSION OF OPTION TO ACQUIRE 100% OF MAC MINERALS' URANIUM EXPLORATION PORTFOLIO IN AUSTRALIA

Further to Golden Age Exploration Ltd.'s news release dated April 15, 2026, wherein the company announced the entering into of a letter of intent (LOI), granting it an option to acquire 100 per cent of the uranium exploration portfolio in Australia owned by MAC Minerals Pty. Ltd., the terms of the LOI have been amended in order to provide Golden Age an extension to July 31, 2026. All conditions of the LOI as described in the company's news release dated April 15, 2026, remain the same.

About the projects

Through the terms of the LOI and the underlying assignment and amending agreement dated April 13, 2026, and extended June 26, 2026, the company will own and control an Australian uranium land package comprising two targets in South Australia and one in the Northern Territory, including a palaeo-channel corridor in the Hamilton basin (South Australia).

The Algebuckina (South Australia) and Yalyirimbi (Northern Territory) targets contain radiometric anomalies and anomalous historical assays (South Australian government Department of Energy and Mining South Australian Resource Information Gateway (SARIG); Northern Territory government Department of Mining and Energy Spatial Territory Resource Information Kit for Exploration (STRIKE)).

The geological targets are sandstone roll-fronts and incised palaeo-channels that could be amenable to in-situ recovery (ISR) methods. ISR methods are commonly used to extract uranium from sandstone roll-front and palaeo-channel style deposits, and are generally associated with lower upfront capital requirements and shorter development timelines relative to conventional hard-rock mining methods.

South Australia has an established uranium mining industry, existing uranium transport and export infrastructure, and a regulatory permitting framework applicable to uranium exploration and development. The company believes this infrastructure and permitting environment may be relevant to future exploration and development of the property, subject to further work and applicable approvals.

Qualified persons

Ehsan Salmabadi, PGeo, a director of the company and a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the contents of this news release.

About Golden Age Exploration Ltd.

Golden Age is a mineral exploration company with an international reach, focused on the acquisition, exploration and development of high-potential resource projects in established, mining-friendly jurisdictions globally. The company's core business is to identify, analyze and reassess extensive historical and regional data from around the globe to identify prospective exploration opportunities worthy of significant exploration and exploitation. The company's focus extends to mining-friendly jurisdictions that offer low political risk and a demonstrated commitment to the rule of law.

We seek Safe Harbor.