Mr. Rob Bergmann reports

RELEVANT GOLD IDENTIFIES MULTIPLE NEW DISTRICT-SCALE GOLD TARGETS AT BRADLEY PEAK SAMPLING 5.3 G/T AU, 107 G/T AG, AND 6.25% CU IN OUTCROP

Relevant Gold Corp.'s 2023 detailed mapping and rock chip sampling program successfully identified three new district-scale gold and copper target zones on its 100-per-cent-owned, 2,307-hectare (ha) (5,700-acre) Bradley Peak project, located in central Wyoming, United States. Rock chip sampling along over 30 kilometres of newly mapped shears identified widespread gold and copper mineralization, including up to 5.3 grams per tonne gold at the Deserted Treasure zone, and 107 g/t silver and 6.25 per cent copper at Kortes zone. The 2023 program was the first systematic exploration step for this project and yielded the following highlights:

• Three target zones identified: Kortes, Apex and Deserted Treasure;
• Over 15 per cent of all samples contained detectable gold (greater than 0.01 g/t Au) and nine of those samples have greater than 1 per cent copper (Cu);
• Outcrop sample A0843887 reported 5.3 g/t gold (Au) and 1.1 per cent copper (Cu);
• Outcrop sample A0843763 reported 6.25 per cent copper (Cu), 107 g/t silver (Ag) and 0.13 g/t gold (Au);
• Outcrop sample A0843759 reported 4.97 per cent copper (Cu) and 0.27 g/t gold (Au).

"These gold and copper results expand our exploration footprint in Wyoming into a whole new area and strongly support our thesis that there is extensive underappreciated Abitibi-style gold mineralization in our claims," commented Relevant Gold chief exploration officer Brian Lentz. "We look forward to advancing these promising new targets to drilling while continuing our systematic boots on the ground exploration of our 2,307 ha Bradley Peak land package."

The 2023 mapping and sampling program was designed to characterize the gold and pathfinder element signatures of the property's host rock assemblages and answer important geological questions. The major observations from this initial mapping and sampling program are:

• Bradley Peak is a complex greenstone belt terrane comprising mafic volcanics, intrusives and metasedimentary rocks that exhibit strong indicators of a large-scale orogenic gold/copper system.
• More than 30 km of previously unrecognized prospective shear zones were mapped in 2023 with mineralization, alteration, structure and lithology similar to the Abitibi greenstone belt.
• Three district-scale target areas showing multiple styles of mineralization were identified:
  • Orogenic style (Apex, Kortes and Deserted Treasure);
  • Intrusion-related (Apex and Kortes).
• Airborne geophysics (pending U.S. Geological Survey/Wyoming Geological Survey) will further aid in exploration targeting (see May 24, 2023, news release).

About the Bradley Peak project

The Bradley Peak property is located in the Seminoe Mountains in central Wyoming covered by 2,307 ha (5,700 acres) of contiguous active Bureau of Land Management mining claims 100 per cent owned by Relevant Gold. Multiple orogenic shear-zone-hosted mineralization styles, including VMS-style (volcanogenic massive sulphide) mineralization with increased copper grades associated with gold, have been traced across the property. Project highlights include:

• Over 47 km of prospective shear zones showing classic orogenic gold and VMS-style mineralization observed across the greenstone district;
• Historic samples of up to 89 g/t Au plus 5.8 per cent Cu; Relevant Gold 2019 rock chip samples included 72.4 g/t Au and 6.5 g/t Au and 3.7 per cent Cu; Relevant Gold 2023 samples included 5.3 g/t Au, 107 g/t Ag and 6.5 per cent Cu;
  • Relevant Gold's results appear to correlate with the historic sampling results;
• Host lithologies: Greenstone belt assemblage (greenstone, amphibolite, intrusions, iron formation) with mineralization traps stemming from rheologic contrasts and carbonate facies iron-formation;
• Mineralogy: Gold-arsenopyrite-chalcopyrite-pyrite-pyrrhotite;
• Vector elements: Gold-silver-antimony-mercury-bismuth-copper-tungsten;
• Structure: Major P-shears with brittle-ductile transition zones and complex refolded folds.

Summary of 2023 Bradley Peak work program

Relevant Gold's exploration thesis is based on extensive academic research that links Wyoming to the Abitibi gold belts at the time of gold mineralization (2.65 billion years ago) and shows how the two crustal blocks rifted apart (2.1 billion years ago) to where they presently reside (Relevant Gold thesis). The company achieved strong initial proof of this concept in 2022 at the Golden Buffalo project (see Feb. 6, 2023, news release), which provided the basis for an expanded 2023 regional exploration program designed to systematically identify new target opportunities across Relevant Gold's portfolio of five district-scale assets. This year's initial mapping and sampling program at Bradley Peak had three main goals:

1. Understand the potential and scale of gold mineralization;
2. Answer key geologic questions;
3. Establish target zones.

A total of 216 rock chip samples were assayed for gold and multielement geochemical suites. Thirty-four samples had detectable gold (greater than 0.01 g/t Au), including nine samples that also carried greater than 1 per cent copper (Cu). This work successfully identified three district-scale high-grade Au, Ag and Cu target areas: 1) Kortes; 2) Apex; 3) Deserted Treasure. Each one of these targets displays distinct mineralization, structure, alteration and scale and is described in more detail herein.

Kortes zone

The Kortes target zone has at least 1.8 kilometres of mapped hydrothermally altered shear zone with up to 6.5 g/t Au, 107 g/t Ag and 6.25 per cent Cu in complex quartz-carbonate-chalcopyrite veins of variable widths. This target area lies in the northern portion of Bradley Peak where 2023 work found gold mineralization within orogenic quartz-carbonate veins, hosted in both mafic to ultramafic metavolcanics, mafic to ultramafic intrusions and iron-formation. There is also evidence for intrusion-related vein arrays.

Mineralized shear zones are observed as Reidel P-shears reflecting progressive wrenching along the Kortes fault. Alteration includes abundant ankerite in halos surrounding shear zones in mafic rocks and iron-formation as well as hydrothermal, retrograde alteration assemblages, including chlorite-actinolite-sulphide in mafic rocks adjacent to shear zones, and quartz veins.

Apex zone

The Apex zone is centrally located within an at least 4.5 km shear zone and hosts two historic mines, including the Apex mine and the Sunday Morning prospect. No historic production numbers are known, but significant workings are present, and the Wyoming Geological Survey reports up to 2.1 parts per million Au, 27 ppm Ag and 5.8 per cent Cu from the Sunday Morning prospect. Relevant Gold's results appear to correlate with the historic sampling results.

Relevant Gold has recognized previously unmapped sheared and altered quartz-feldspar-porphyry intrusive rocks within the larger package of mafic greenstone volcanics. Gold, copper and base metal mineralization has been sampled throughout the Apex zone with grades up to 1.18 g/t Au and 2.14 per cent Cu. Additionally, multiple areas of quartz-sericite-pyrite altered rocks containing anomalous gold and pathfinder elements were newly identified within sheared zones to the northwest of the known historic mining corridor. This suggests the broader Apex zone could host additional orogenic gold and/or intrusion-related vein systems.

Deserted Treasure zone

The Deserted Treasure zone is another shear-hosted, orogenic, quartz-carbonate vein array in a broad fold hinge in altered mafic metaigneous rocks, mafic metavolcanics and iron-formation cut by multiple northeast-trending shear zones. The zone is bound by the Dewesse fault, which is a crustal-scale fault juxtaposing the Bradley Peak ultramafic complex with the Sunday Morning Creek metavolcanics. This fault acted as a conduit for deeply sourced hydrothermal fluids. The area is affected by widespread chlorite-carbonate-epidote alteration associated with mylonitic to cataclastic zones hosting quartz-carbonate-chalcopyrite veins with local occurrences of visible gold. Rock chip sampling in 2023 returned up to 5.35 g/t Au and 1.1 per cent Cu and Relevant Gold samples collected in 2019 returned up to 72.4 g/t Au.

Quality assurance/quality control

Samples were submitted to the accredited MSA Labs laboratory for preparation and analysis at its Val d'Or, Que., and Langley, B.C., facilities in Canada. Samples were prepared and analyzed for gold using PhotonAssay at the Val d'Or location and multielement geochemistry at the Langley, B.C., location. All samples were assayed for gold using the CPA-Au1 method with a greater-than-250-gram sample, and separately analyzed for multielement inductively coupled plasma mass spectrometry geochemistry using method IMS-230 with a four-acid digestion. Overlimit results for copper (greater than 10,000 ppm Cu) were further analyzed with the PER-7Cu method using a sodium peroxide fusion and inductively coupled plasma atomic emission spectroscopy analysis. Overlimit results for silver (greater than 100 ppm Ag) were further analyzed with the CPA-Ag method with a greater-than-250-gram sample.

MSA Labs employs an internal QA/QC to ensure proper sample preparation and equipment calibration. Additionally, Relevant Gold's QA/QC program includes regular insertion of certified reference material standards, duplicates and blanks in the sample batches to further monitor lab accuracy, precision and equipment calibration. All results and QA/QC have been reviewed by Mr. Lentz, CPG, who is the chief exploration officer and qualified person for the company.

About Relevant Gold Corp.

Relevant Gold is a North American gold exploration company focused on the acquisition, exploration, discovery and development of district-scale gold projects in the state of Wyoming -- one of the most mining-friendly jurisdictions in the United States and globally. Founded by experienced exploration geologists, Relevant Gold is managed by a highly respected team with a proven record of significant value creation for shareholders.

The scientific and technical contents of this release have been approved by Mr. Lentz, CPG No. 11999, chief exploration officer of the company, who is a qualified person as defined by Canadian National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Lentz is not independent of the company.

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