15:22:28 EDT Thu 23 Jul 2026
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USA
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Gold Runner Exploration Inc
Symbol GRUN
Shares Issued 17,854,757
Close 2026-07-22 C$ 0.45
Market Cap C$ 8,034,641
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Gold Runner receives drill permit for Golden Girl

2026-07-23 10:59 ET - News Release

Mr. Chris Wensley reports

GOLD RUNNER EXPLORATION RECEIVES 5 YEAR DRILLING PERMIT AT GOLDEN GIRL PROPERTY, GOLDEN TRIANGLE B.C.

Gold Runner Exploration Inc. has received a five-year drilling permit from the British Columbia Ministry of Mines and Critical Minerals for its Golden Girl property. The drilling permit is valid and in good standing until March 31, 2031, and allows for up to 100 drilling locations on the Golden Girl property.

The 2026 surface exploration program is under way as scheduled, with mobilization completed on July 12, 2026, and fieldwork having begun on July 13, 2026. Thanks to a number of early new discoveries and the exceptional work done by the field crew, the first batch of samples from the Golden Girl property were rushed to MSALABS in Terrace, B.C., for analysis on July 20, 2026. It is anticipated that rock, grab, and channel cut sample batches will be shipped to the lab at regular intervals throughout the summer 2026 field campaign. During this summer campaign, the team will be identifying and locating priority drill targets for the company's future inaugural drill program. The company is fully financed for this season's surface exploration and its follow-on inaugural drill program.

Chris Wensley, chief executive officer of Gold Runner Exploration, stated: "Our field team has wasted no time digging in and locating new mineralized showings and structures. The rapid addition of new discoveries on the property and the collection of compelling samples so early in the program bodes extremely well for the balance of the season. We are very excited and encouraged by what we are seeing on the ground, which makes it imperative to get a sense and understanding of these early samplings from new zones of discovery. This will be a big help in zeroing in on and tracing the scope and extension of continuous mineralization. We look forward to sharing results of this exciting program and continuing to unlock value for our shareholders."

The 2026 exploration program includes: airborne magnetic survey and radiometric survey (completed, see news release dated July 7, 2026); mapping, sampling and channel cutting (under way July 13, 2026); and lidar survey and photogrammetry (commencing Aug. 12, 2026).

Golden Girl highlights:

  • The Golden Girl property covers 8,471 hectares in the prolific Iskut River region of northwestern British Columbia, located just 17 kilometres from the Snip mine and 14 kilometres from the Bronson airstrip.
  • Discovery exploration in 2024 identified a major new gold-silver system measuring 12 kilometres by seven kilometres with high-grade gold-silver mineralization:
    • Grab samples assayed up to 11.28 grams per tonne gold, 3,262 grams per tonne silver, 5.37 per cent copper, 20 per cent lead and 14.15 per cent zinc.
    • Channel cuts assayed up to 3.74 grams per tonne gold, 2,105.45 grams per tonne silver, 0.88 per cent copper, 5.48 per cent lead and 7.42 per cent zinc.
  • High-grade mineralization occurs in structurally controlled shear zones with sulphide-rich veins, stockwork and breccias, similar to the nearby past-producing Snip gold mine (which historically produced approximately one million ounces gold, 390,000 ounces silver and over 249,000 kilograms copper). (The reader is reminded that the information provided herein from neighbouring projects and properties is not necessarily indicative of resources and should not be relied upon for the determination of mineralization or potential results of the company's properties.)
  • More than 95 per cent of the property has never undergone systematic modern exploration. Recent rapid glacial retreat and melting snowpacks have exposed vast areas of previously buried bedrock, opening large, untouched tracts of ground for immediate mapping and sampling.

The company's summer 2026 exploration team, led by geologist Nicolai Goeppel and partner Ryan Purnell, is the same team that helped discover Juggernaut Exploration's Big One discovery and Goliath Resources' Surebet discovery. Its long-term experience and success in this world-renowned Golden Triangle region of northwestern British Columbia brings an intimate and deep understanding of the terrane.

Both Goliath Resources and Juggernaut Exploration are partners within the B-ALL Syndicate, the optionor of Golden Girl, holding respectively, 4-per-cent and 13-per-cent interests in B-ALL, and as such are important strategic partners of the company. Golden Girl is located approximately midway between Goliath's Surebet discovery and Juggernaut's Big One discovery in the Golden Triangle.

Qualified person

This news release has been approved by Alan J. Morris, MSc, CPG (No. 10550). Mr. Morris is an independent qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed the scientific and technical disclosure included in this news release.

About Gold Runner Exploration Inc.

Gold Runner Exploration is an exploration company focused on the exploration and development of its portfolio of gold and silver properties located in prolific mining districts of Canada and the United States. In British Columbia, Gold Runner holds the option to acquire a 100-per-cent interest in the Golden Girl property, located in the prolific Golden Triangle of northwestern British Columbia. In north-central Nevada, the company holds the Rock Creek gold project, the Falcon mine project and the Dry Creek project, located in the Tuscarora Mountains in close proximity to the world-renowned Carlin trend. Gold Runner also holds a 10-per-cent carried interest in the Cimarron project located in the San Antonio Mountains of Nye county, Nevada, within the Walker Lane trend.

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