Mr. Peter Tallman reports

KLONDIKE GOLD REPORTS PHASE 1 DRILL RESULTS INCLUDING 5.20 G/T AU OVER 3 METRES

Klondike Gold Corp. has released assay results from its 2025 phase 1 diamond drill program, totalling 2,354.70 metres across 13 holes. The program was designed to test the orientation of major structural features interpreted to control gold deposition at the company's 100-per-cent-owned Klondike district property in the Dawson mining district, Yukon, Canada.

Highlighted results include:

• Hole EC25-554: 0.25 g/t Au over 64.80 metres from 7.55 to 72.35 metres:
  • Including 1.30 g/t Au over 10.00 metres from 62.35 to 72.35 metres.
• Hole EC25-557: 0.13 g/t Au over 14.50 metres from 171.50 to 186.00 metres;
• Hole EC25-557: 0.14 g/t Au over 10.50 metres from 197.00 to 207.50 metres;
• Hole EC25-561: 0.76 g/t Au over 2.00 metres from 121.50 to 123.50 metres;
• Hole EC25-562: 0.47 g/t Au over 5.00 metres from 26.00 to 31.00 metres;
• Hole EC25-566: 5.20 g/t Au over 3.00 metres from 75.00 to 78.00 metres.

"These results are highly encouraging," said Peter Tallman, chief executive officer and president of Klondike Gold. "The phase 1 drill holes were specifically designed to test the orientation of structural controls on specific faults and estimate offset distances rather than to target mineralization directly. The fact that several holes encountered gold mineralization, including a new gold discovery zone in EC25-566, suggests we are on the right path to understanding the geological architecture that originally emplaced the substantial gold endowments within the historic Klondike gold district."

The phase 1 drill holes were completed outside of previously defined Lone Star and Stander mineral resource areas. Among them, hole EC25-566 intersected 5.20 g/t Au over three m which is a new discovery of gold mineralization. The intent of phase 1 drilling was to constrain or discern the relative ages of these structures and to provide information on potential displacement, successfully laying the groundwork for future mineralization-focused drilling later in phase 3 drilling. Six holes in total intersected notable gold mineralization, highlighting the potential relationship between key structural controls and gold-bearing zones. Summary results are shown in Table 1.

Following the success of phase 1, the company further initiated phase 2 exploration, focusing on completing a detailed 3-D structural and lithologic model for the main resource areas. This work included:

• Re-logging over 60,000 metres of historical drill core;
• Conducting detailed analysis of local fault systems;
• Collecting short wave infrared (SWIR) measurements on phase 1 drill core from the 2025 season;
• Evaluating correlations between lithology and gold mineralization.

Importantly the evolving exploration model suggests multiple ages and orientations of faulting which has considerable positive implications for guiding expansion of the company's existing resources at the Lone Star and Stander deposits, and broadly for new exploration discoveries throughout the property.

Qualified person review

The technical and scientific information contained within this news release has been reviewed and approved by Peter Tallman, PGeo, president of Klondike Gold, and qualified person as defined by National Instrument 43-101 policy.

About Klondike Gold Corp.

Klondike Gold is a Vancouver-based gold exploration company advancing its 100-per-cent-owned Klondike district gold project located at Dawson City, Yukon, one of the top mining jurisdictions in the world. The Klondike district gold project targets gold associated with district-scale orogenic faults along the 55-kilometre length of the famous Klondike goldfields placer district. Gold mineralization and indicated/inferred mineral resources have been identified at both the Lone Star zone and Stander zone, among other targets. The company retains a 10-per-cent production royalty on the active Montana Creek placer property with payments capped at $9.5-million total over six years. The company is focused on exploration and development of its 729-square-kilometre property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, Yukon, within the Tr'ondek Hwech'in First Nation traditional territory.

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