Mr. Randy Reifel reports

GUNPOINT ANNOUNCES GRANT OF STOCK OPTIONS

Gunpoint Exploration Ltd. has granted 1.8 million incentive stock options to directors, officers and employees under its stock option plan. The options are exercisable at 55 cents per share for a term of five years. The options will vest and be exercisable on the basis of 25 per cent annually commencing Nov. 21, 2026, the first anniversary of the date of the grant.

About Gunpoint Exploration Ltd.

Gunpoint has a 100-per-cent interest in the Talapoosa gold-silver project, located in the Walker Lane trend in Nevada. Talapoosa hosts over 1.0 million ounces of gold and 13.6 million ounces of silver (in the measured and indicated categories), and 233,532 ounces of gold and 2,172,766 ounces of silver in the inferred category. In addition, two large underexplored, subparallel mineralized trends within the land package provide significant district-scale upside.

Todd Kanhai, MASc, PEng, and Todd McCracken, PGeo, from Tetra Tech, are the qualified persons (QP) for the Talapoosa project mineral resource.

We seek Safe Harbor.