Mr. Nick Michael reports

GOLDINXS CEO ISSUES LETTER TO SHAREHOLDERS, HIGHLIGHTS PROGRESSION OF MAIDEN DRILL PROGRAM AT FISHPOT PROJECT

Goldinxs Mining Corp. is pleased to provide the following shareholder update from Nick Michael, president and chief executive officer, outlining the company's recent corporate and exploration milestones, strategic priorities as it advances its exploration program and the progress of its maiden drill program at its flagship Fishpot project in central British Columbia.

Recent highlights leading to the maiden drill program under way at Fishpot

Goldinxs completed a 53.4-line-kilometre three-dimensional induced polarization survey, reprocessed historical airborne magnetic data using magnetization vector intensity (MVI) modelling and received results from Ripplinger Royalties Corp.'s virtual drill elemental harmonic resonance (EHR) survey post-IPO (initial public offering), which assisted in developing the exploration drill targets.

Goldinxs then strengthened its financial position to support its exploration strategy through the completion of a two-tranche non-brokered private placement, closing the second tranche of its upsized financing, bringing total gross proceeds raised to $1,250,100.

Goldinxs is now pleased to report that the company has completed over half (1,000 metres) of the ongoing inaugural drill program, designed to complete approximately 2,000 metres of NQ diamond drilling across multiple planned holes.

Drill core is being processed by geologists from Tripoint Geological Services, with geological logging, portable X-ray fluorescence (pXRF) analysis and sampling undertaken before submission for assay.

Goldinxs expects initial geological information generated through this maiden drilling campaign to be released a few weeks following completion of the drill program in November.

The drilling data aims to validate the presence of Blackwater-style epithermal gold-silver mineralization at Fishpot, alongside the potential for porphyry-style copper-gold targets.

To our shareholders:

Goldinxs has reached an important milestone in its corporate development, transitioning from systematic exploration and target generation to the first modern drill testing of multiple priority targets at its flagship Fishpot project in central British Columbia, the same mineralized belt and district as Artemis Gold's Blackwater mine. Over the past several months, our team has focused on consolidating and interpreting multiple layers of geological, geochemical and geophysical information to develop a more comprehensive understanding of the Fishpot property. This work has culminated in the commencement of our approximately 2,000-metre maiden diamond drill program, representing an important step in evaluating the property's gold-silver and copper-gold potential.

Maiden drill program under way at Fishpot

Goldinxs has completed over half (1,000 metres) of the ongoing inaugural drill program (refer to press release dated Oct. 20, 2026) designed to complete approximately 2,000 metres of NQ diamond drilling across an estimated eight to 10 holes, testing multiple priority zones across the property. The program represents the first modern, systematic drill test of several targets developed through the company's integrated exploration work. Historically, only two drill holes, totalling 378 metres, have been completed on the property by Phelps Dodge in 1995 as part of a broader regional program, and we are excited to expand upon this historical drilling.

The Lightening zone represents an important initial target due to the coincidence of subsurface IP anomalies, extensive silica alteration and associated gold, silver, copper, bismuth, antimony, and zinc geochemical anomalies. Drill core is being processed by geologists from Tripoint Geological Services, with geological logging, portable X-ray fluorescence (pXRF) analysis and sampling undertaken before submission for assay. The company expects the information generated through the initial drilling campaign to assist in evaluating the geometry, geological controls, continuity and potential extent of the identified on-surface mineralized systems, while informing subsequent exploration decisions.

The commencement of drilling at Fishpot represents the culmination of an integrated exploration campaign designed to identify and prioritize areas with the strongest geological and geophysical signatures. Goldinxs completed a 53.4-line-kilometre three-dimensional induced polarization survey, reprocessed historical airborne magnetic data using magnetization vector intensity (MVI) modelling, and received results from Ripplinger Royalties Corp.'s Virtual Drill elemental harmonic resonance (EHR) survey (refer to press release dated Sept. 24, 2026 ). These results were integrated with existing geological mapping, alteration observations and surface geochemical data, resulting in six exploration datasets being incorporated into the company's targeting model. The objective was to identify areas where multiple independent exploration indicators spatially coincide, providing a stronger technical basis for prioritizing drill locations.

The integrated model identified multiple prospective gold-silver epithermal and copper-gold porphyry-style targets), including:

• Lightening zone: overlapping IP resistivity and chargeability anomalies beneath an approximately two-kilometre-by-500-metre surface zone of intense silica alteration and associated multielement geochemical anomalies, the company is exploring this zone for epithermal deposit potential.

• Thriller zone: a magnetic low and resistivity anomaly associated with silica-rich surface features.

• Believin' zone: a resistivity high with moderate chargeability and an overlapping magnetic low.

• Luftballon zone: a magnetic low with moderate chargeability, intense silica alteration and overlapping geochemical anomalies.

• Southside zone: a moderate chargeability anomaly associated with a resistivity contact near the southern side of the magnetic feature.

• BullsEye target: a magnetic high surrounded by magnetic lows, accompanied by a moderate chargeability anomaly and gold, silver, copper, bismuth and antimony surface geochemical anomalies. The company considers this a priority target for investigating potential porphyry-style copper-gold mineralization.

The convergence of these data sets has allowed the company to move beyond broad surface exploration and establish a series of specific geological and geophysical targets for drill testing. We believe Fishpot offers an exciting exploration opportunity given the convergence of multiple exploration indicators, its largely untested nature and its location within an established gold and silver exploration region of central British Columbia. As we advance this next phase, our priorities remain focused on disciplined capital allocation, systematic exploration, technical execution and building long-term value for our shareholders.

Strategic regional setting

The Fishpot project is situated approximately 65 kilometres from Artemis Gold's Blackwater mine and within the broader central British Columbia region that includes Evolution Mining's optioned Clisbako property, Newton, Capoose and 3Ts project.

Blackwater provides an important regional geological reference point, demonstrating the presence of a significant gold-silver mineralizing system within the broader district. Goldinxs is investigating the potential for Blackwater-style epithermal gold-silver mineralization at Fishpot, alongside potential porphyry-style copper-gold targets. The company's exploration thesis is supported by reported surface alteration, multielement geochemical signatures and geophysical responses that warrant further investigation. Importantly, the proximity of Fishpot to established regional deposits provides geological context but does not establish that similar mineralization, grades or deposit characteristics exist on the company's property. The maiden drill program is designed to test these interpretations directly.

Financing and corporate development

Goldinxs has strengthened its financial position to support its exploration strategy through the completion of a two-tranche non-brokered private placement, closing the second tranche of its upsized financing, bringing total gross proceeds raised to $1,250,100 (refer to press release dated Oct. 19, 2026). These proceeds provide sufficient runway for the company to execute on its ongoing drill program and operations at Fishpot, including drilling, sampling and other eligible exploration expenditures, as well as general working capital.

The company also announced changes to its board of directors with the appointments of Deepak Malhotra, Zoran Pudar and Gordana Slepcev, bringing considerable mining industry experience to the company's board. Dr. Malhotra brings more than 50 years of mining sector experience, including mineral processing and project development internationally, and holds a PhD in mineral economics from the Colorado School of Mines. Mr. Pudar brings approximately 40 years of experience evaluating, exploring and developing mineral projects across the Americas, Europe, Asia and the Pacific Rim. Ms. Slepcev, MSc, PEng, brings more than 25 years of international mining industry experience, including senior operational, executive, project development and financing roles. Her previous leadership positions include chief operating officer, president and chief executive officer of Lomiko Metals Inc., and COO of Anaconda Mining. Darcy Vis continues in his role as vice-president of exploration, providing technical leadership as the company advances its exploration programs. These corporate developments reflect Goldinxs's continued focus on strengthening its technical and governance capabilities while advancing its core exploration assets.

On behalf of the board and management, I would like to thank our shareholders for their continued support as we advance Goldinxs through this important stage of its development. We look forward to providing further updates as exploration progresses.

Sincerely,

Nick Michael

President and chief executive officer

Qualified person

The technical information contained in this news release has been reviewed and approved by Mr. Vis, PGeo, the qualified person for Goldinxs Mining Corp., who is responsible for the technical information contained herein.

About Goldinxs Mining Corp.

Goldinxs Mining is a Canadian mineral exploration company focused on discovering and advancing a high-quality gold and copper project in central British Columbia. The company's flagship asset is the Fishpot property, a large epithermal gold system in central British Columbia with Blackwater-style exploration potential, and in the same region as Artemis Gold's Blackwater mine and Evolution Mining's optioned Clisbako property.

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