Mr. David Eaton reports

JAYDEN TO PURCHASE 100% INTEREST IN KENORLAND'S WHEATCROFT PROJECT

Jayden Resources Inc. has entered into a purchase and sale agreement with Kenorland Minerals North America Ltd. to purchase a 100-per-cent interest in Kenorland's Wheatcroft project located within the Kisseynew domain in northwestern Manitoba. Under the terms of the agreement, Jayden will pay Kenorland $125,000 cash and issue 5,557,447 common shares of the company, being equal to 10 per cent of the company's issued and outstanding shares following the closing of the transaction. The company has also agreed to give Kenorland a 3-per-cent net smelter return which Jayden can reduce to 2 per cent for a cash payment of $1-million. Going forward, upon closing future financings up to and totalling $10-million, Jayden will issue further shares to Kenorland equalling 9.9 per cent of the shares issued pursuant to the financing(s).

The closing of the transaction is subject to TSX Venture Exchange approval.

About the Wheatcroft project

The Wheatcroft project covers 97,501 hectares and 35 kilometres of strike length along the northern margin of the Kisseynew gneiss belt (KGB) in Northern Manitoba. Gneissic arkose sediments of the Sickle suite overlie gneissic greywacke and mudstone of the Burntwood River suite. Amphibolite-grade volcanics and conglomerates occur at the transition between the two units. The geological setting is similar to the southern margin of the KGB where orogenic gold deposits such as Puffy Lake and Nokomis occur (Sherridon district). The northern margin of the KGB remains underexplored and prospective for orogenic gold-style mineralization.

Historical drilling in the project area has focused on base metal-style mineralization in the transitional volcanics. The Geological Survey of Canada conducted regional till geochemical surveys in the area between 1983 and 1988. A significant coincident gold- and arsenic-in-till anomaly was defined for over 20 km down ice from the Wheatcroft Lake area. Arsenic anomalism in the clay fraction is widespread, forming a head at the transitional volcanics, while in the silt-clay fraction peak values of Au occur farther south in the gneissic sedimentary rocks. With the coarse spacing of the regional till geochemistry (1.5 to two km), limited follow-up of the Au potential at the transitional volcanics and an absence of systematic work farther south, the project represents a strong opportunity for discovery with modern exploration methods.

2022 fall geochemical survey

Jayden plans to conduct a property-wide till geochemical survey in October. Approximately 2,500 till samples are planned to be collected for geochemical analysis at an approximate spacing of 200 metres by 800 metres covering the entire coincident arsenic and gold geochemical anomaly. Kenorland will be the operator of the project.

Qualified person

Technical information in this press release was reviewed by Ed Kruchkowski, PGeo, recognized as a qualified person under the guidelines of National Instrument 43-101.

About Jayden Resources Inc.

Jayden Resources is a mining exploration company focused on the discovery of precious metals assets located primarily in Canada. Jayden is currently earning a 100-per-cent interest in the Storm Lake gold property located on the Frotet-Evans greenstone belt in central Quebec. Jayden believes Storm Lake to be an exceptional property with overlooked potential.

We seek Safe Harbor.