Mr. Justin Daley reports

PALISADES PROVIDES EXPLORATION UPDATE ON ITS MADE IN AMERICA GOLD PORTFOLIO IN NEVADA

Palisades Goldcorp Ltd. has provided an exploration update on its Nevada subsidiary, Made in America Gold Corp. (MIAG). The company has been working to collect baseline geological, geochemical and geophysical data and to assess all historic information across its portfolio, the biggest junior held land position in America, with the goal of defining exploration and drilling targets toward a new multimillion ounce discovery within the prolific Battle Mountain trend in Nevada.

Exploration highlights:

• Soil geochemistry: A nearly complete 1,200-sample soil geochemistry program using conventional sampling has been designed to cover key hyperspectral anomalies at the Lewis, Horse Mountain, Mill Creek and Carico Lake projects. The program expands upon MIAG's portfolio-wide geochemical database of 6,359 soil samples. New data will also validate historic gold, mercury and trace element anomalies at Horse Mountain, where Nevada Gold Mines is drilling less than one kilometre to the north.
• Hyperspectral mapping: Airborne hyperspectral data from SpecTIR have been acquired over the Horse Mountain, Buffalo Valley, Lewis, Hilltop South and Carico Lake properties and have revealed large areas of alteration related to known gold-in-soil anomalies and mineralizing Eocene intrusions. Further, a hand-held SWIR (short-wave infrared) scanner from Hyperspectral Intelligence is now in use on core and RC (reverse circulation) chips from historic holes to identify alteration assemblages related to gold intercepts up to 15.2 metres of 1.55 grams per tonne gold and 62.5 metres of 1.02 grams per tonne gold in LS21-015 at Lewis and 4.8 metres of 5.357 grams per tonne gold in IP22-005 at Iron Point.
• Ionic Leach survey: Over 300 samples have been submitted for Ionic Leach (IL) from the Mill Creek property, located four kilometres east of I-80 Gold's past-producing McCoy-Cove mine, in an area of thin basin overburden. Developed by ALS Global, the IL technique provides ultralow-level selective analysis of mobile metal ions to detect subtle geochemical halos above buried mineral systems. Mill Creek was staked in 2020 based on past exploration activity and regional public gravity data indicating a basement high, interpreted as a favourable structural and lithologic setting for Carlin-type gold mineralization.
• Ground gravity interpretation: Detailed ground gravity surveys have now been completed across most Battle Mountain area projects, including Buffalo Valley, Mill Creek, Lewis and Horse Mountain. The data assist in mapping basin geometry, overburden thickness and major basement structures that act as conduits for hydrothermal fluids. The new data have revealed several structural corridors considered prospective for hosting gold mineralization, such as the north-south-oriented structures tested by sampling.

Made in America Gold's chief executive officer, Justin Daley, stated: "Our exploration strategy across the Battle Mountain district is deliberate and systematic, establishing a consistent data set across all projects before selecting targets for drilling. By integrating new geophysical, geochemical and hyperspectral data with extensive historical data sets, we're building a strong technical foundation to prioritize areas most likely to yield discovery.

"The advantage of controlling such a broad, contiguous land position in one of the world's most productive gold regions is the ability to compare, calibrate and refine exploration models and targets across multiple geological settings. This approach will allow us to focus future drilling where the potential for large-scale, high-grade systems is greatest."

Modern hyperspectral exploration technology

Made in America Gold is utilizing both the advanced airborne hyperspectral surveys along with hand-held hyperspectral analysis of historic core and RC chips to accelerate exploration efforts. The airborne survey collects long-wave and short-wave infrared wavelengths (LWIR and SWIR) on metre-scale pixels for alteration minerals related to Carlin-type, epithermal and intrusion-related gold systems characteristic of the multimillion-ounce gold deposits along the Battle Mountain/Eureka trend. It has revealed extensive alteration anomalies across the project portfolio, some associated with known surface mineralization and historic gold-silver production at Lewis, as well as new relatively underexplored areas with strong clay alteration indicative of a buried hydrothermal system now being sampled at Horse Mountain.

The new downhole SWIR data are already helping to identify alteration assemblages related to significant gold intersections at Iron Point and Lewis from core and RC drilling by Nevada King Gold between 2018 and 2022. This new spectral information, alongside multielement geochemistry, will be used to better understand and map out the geometry of fluid pathways and guide follow-up drill targeting.

Soil sampling methodology

MIAG's use of both conventional soil sampling and Ionic Leach analysis reflects a tailored approach to the unique challenges of exploration in Nevada's Basin and Range province. Conventional soil geochemistry provides effective detection of surface expressions of mineralization in areas with thin soil development and around exposed bedrock, within the Shoshone and Toiyabe ranges. In contrast, the Ionic Leach technique targets subtle signatures that migrate through transported gravel and soil cover, a common feature in Nevada's fault-bounded basins, allowing the detection of potential mineral systems concealed beneath postmineral gravels.

This dual-method strategy enables MIAG to calibrate geochemical responses across varying depths of cover, building a regional geochemical model that accounts for both surficial and concealed mineralization environments. The combination of these data sets is designed to reduce exploration risk by distinguishing transported anomalies from genuine hydrothermal sources, improving targeting precision for future drill testing.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Made in America Gold Justin Daley, PGeo, who is a non-independent qualified person as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Palisades Goldcorp Ltd.

Palisades Goldcorp is a resource investment company focused on junior companies in the resource and mining sector. Palisades seeks to acquire equity participation in pre-IPO (initial public offering) and early-stage public resource companies with undeveloped or undervalued high-quality projects. Palisades focuses on companies that are in need of financial resources to realize their full potential, are undervalued in capital markets and/or operate in jurisdictions with low to moderate local political risk. Palisades expects to continue to make investments, pursuant to its dual investment strategy, to achieve broad sector exposure with upside in the event of appreciation in mineral commodities prices while also providing the potential to realize appreciation in net asset values as a result of discoveries by issuers in which Palisades holds larger positions. Palisades owns an exploration project portfolio in Nevada, United States, the Eco Ridge uranium project in Ontario, Canada, and a royalty on the Atlanta gold mine project, and it holds physical gold, platinum and silver bullion. Palisades is listed on the TSX Venture Exchange under the stock symbol PALI. Palisades holds a diverse portfolio of securities and derivatives, among which it holds a 9.9-per-cent interest in New Found Gold Corp.

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