Mr. Warren Stanyer reports

NEVADA SUNRISE COMPLETES SOIL SURVEY PROGRAM AT THE FIVEMILE GOLD PROJECT, CORTEZ MINING DISTRICT, NEVADA

Nevada Sunrise Metals Corp. has completed an ionic leach soil survey program at the Fivemile gold project, located within the Battle Mountain-Eureka-Cortez gold trend in Lander county, Nevada.

The property is located approximately four miles (6.4 kilometres) south-southwest of the Cortez Hills mine and five miles (eight km) southwest of the Goldrush mine, both operated by Nevada Gold Mines LLC (NGM), a joint venture between Barrick Mining Corp. (61.5 per cent) and Newmont Mining Corp. (38.5 per cent). Fivemile lies six miles (10 km) southwest of the Fourmile gold deposit, owned 100 per cent by Barrick.

"The completion of the initial soil survey program is the first step in determining the presence of gold mineralization at Fivemile," said Warren Stanyer, president and chief executive officer of Nevada Sunrise. "We are pleased that the survey was carried out so quickly and look forward to layering the results with the interpreted geology and geophysical signatures at Fivemile."

About the ionic leach soil survey

Three hundred samples were collected property-wide and delivered to ALS Global Laboratories in Reno, Nev., for analysis by their proprietary ionic leach method. Rapid submittal and careful preparation of the sampled material is important, as the company believes the samples may lose volatile pathfinder elements like mercury and antimony if not handled correctly and analyzed promptly.

Ionic leach soil surveys are known to be effective to detect areas that may be anomalous for gold and other pathfinder elements. Case studies of ionic leach soil sampling have been successful in mineral exploration for detecting buried mineralization, particularly in challenging environments with cover, as seen at the Pebble copper-gold-molybdenum deposit in Alaska and the Sams Creek project in New Zealand. These case studies show that ionic leach is effective for identifying blind mineralization, even through thick cover, by extracting the mobile, loosely-bound metal ions present in soil and sediment.

About Fivemile

Nevada Sunrise can earn a 79-per-cent interest in Fivemile from American Metals Exploration Corp., a private Nevada company at arm's length to Nevada Sunrise, in three stages over four years from the effective date of the earn-in option agreement (see Nevada Sunrise news release dated May 26, 2026).

Fivemile consists of 266 unpatented mineral claims on Bureau of Land Management land totalling approximately 5,496 acres (2,224 hectares). The majority of the Fivemile claims, staked in 2025 and 2026, cover an area of alluvium-covered shallow pediment, referred to by the company as Fivemile Flats, which has no outcrop, inhibiting previous surface exploration.

Fivemile exploration targets

The exploration targets at Fivemile are twofold: epithermal gold/silver mineralization related to the Caetano Caldera, possibly superimposed on an earlier Carlin-type gold deposit(s), similar to the Fourmile, Goldrush and Cortez Hills deposits.

The Fivemile gold exploration targets were generated by reprocessing publicly available data collected by the United State Geological Survey (the USGS) and integrating that data with a proprietary geological interpretation of structural features that are visible in the geophysical, geological and satellite imagery data. The geophysical signature of Fivemile is observed as the conjunction of a gravity high anomaly and a magnetic low anomaly. The gravity high at Fivemile mirrors a gravity high associated with the Fourmile and Goldrush deposits located northeast of Fivemile.

The primary exploration target at Fivemile is situated along the western border of the Cortez apical graben that formed in Eocene time in the core of a south-plunging anticline and hosts the Cortez Hills and Cortez deposits, respectively, located four to 5.5 miles (6.4 to 8.8 kilometres) to the north. Fivemile lies in the same relative position as the Fourmile and Goldrush deposits, which are located along the western border of a larger Eocene-Miocene apical graben in the core of a larger north-northwest-south-southeast-trending regional anticline. The centre of this apical graben localized the Northern Nevada Rift zone in mid-Miocene time. Miocene lake sediments were deposited in this graben.

From the available geophysical and geological data, the company has inferred regional northeast-southwest-trending faults that pass through the Fourmile-Goldrush and Toiyabe mine areas and the Fivemile area. These faults, herein referred to as the Fourmile Faults, were believed to be active in Eocene through Miocene time and controlled gold mineralization at interpreted intersections with north-south-trending graben normal faults. In the Fivemile area, the Fourmile faults probably localized part of the Caetano Caldera ring-fracture system and also intersected and offset north-south Cortez graben faults in the vicinity of the geophysical anomalies.

Next steps for exploration in 2026 at Fivemile include high-resolution gravity and magnetic surveys to better define the conjunction of the gravity high and the magnetic low anomalies identified from the regional USGS geophysical surveys.

About the Fourmile and the Cortez complex gold deposits

Nevada Sunrise has acquired the right to explore for gold on a greenfields exploration property in one of the most prolific gold mining districts in the world. Since its discovery in 2015, the high-grade Fourmile deposit has steadily developed to its current status as the premiere Nevada gold deposit, which has galvanized a new exploration model for deeper and higher grade Carlin-type gold deposits.

The current mineral resource estimates at Fourmile are reported as:

• Indicated mineral resource estimated at 2.6 million ounces of gold at an average grade of 17.59 grams per tonne (g/t) gold contained within 4.6 million tonnes.
• Inferred mineral resource estimated at 13.0 million ounces of gold at an average grade of 16.9 g/t gold contained within 25.0 million tonnes.

The Cortez complex includes other significant gold deposits such as Pipeline, Crossroads, Cortez Pits, Gold Acres, Robertson, Goldrush and Cortez Hills, which collectively contain mineral resource estimates reported in both underground and surface deposits as:

• Measured mineral resources estimated at 670,000 ounces of gold at an average grade of 4.88 g/t gold contained within 4.3 million tonnes;
• Indicated mineral resources estimated at 18.0 million ounces of gold at an average grade of 2.71 g/t gold contained within 200 million tonnes;
• Inferred mineral resources estimated at 6.4 million ounces of gold at an average grade of 1.6 g/t gold contained within 120.0 million tonnes.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by M. Claiborne Newton, III, PhD, CPG, a geological consultant independent of the company who is a registered member in good standing of the Society for Mining, Metallurgy and Exploration (No. 4145342RM) and a certified professional geologist in the state of Virginia (No. 2801001736). Dr. Newton is a qualified person for Nevada Sunrise as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. He has examined information regarding the historical, current and proposed exploration at Fivemile, which includes his review of the historical geophysical, geological and geochemical data underlying the information and opinions contained herein.

Management cautions that any historical results were collected and reported by operators unrelated to Nevada Sunrise and have not been verified nor confirmed by its qualified person; however, the historical results create a scientific basis for ongoing work at Fivemile. Management further cautions that historical results, discoveries and published mineral resource estimates on adjacent or nearby mineral properties, whether in stated current resource estimates or historical resource estimates, are not necessarily indicative of the results that may be achieved on Fivemile.

About Nevada Sunrise Metals Corp.

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, B.C., Canada, that holds interests in gold, copper and lithium exploration projects located in the state of Nevada, U.S.

Nevada Sunrise holds the right to purchase a 100-per-cent interest in the Griffon gold mine project, located approximately 50 kilometres (33 miles) southwest of Ely, Nev.

Nevada Sunrise holds the right to earn a 79-per-cent interest in the Fivemile gold project, located approximately 40 kilometres (25 miles) south of Battle Mountain, Nev.

Nevada Sunrise holds the right to earn a 100-per-cent interest in the Coronado copper project, located approximately 48 kilometres (30 miles) southeast of Winnemucca, Nev.

Nevada Sunrise owns 100-per-cent interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda county, Nev.

As a complement to its exploration projects in Esmeralda county, the company owns Nevada water right permit 86863, also located in the Lida Valley basin, near Lida, Nev.

We seek Safe Harbor.