Mr. Brian Lentz reports

RELEVANT GOLD REVEALS 3.5 KM2 GEOCHEMICAL SOIL ANOMALY AT GOLDEN BUFFALO

Relevant Gold Corp. has released results from the 2023 soil sampling and geological mapping program at the company's 100-per-cent-owned, 3,884-hectare Golden Buffalo project located in the South Pass gold field, Wyoming. The company's 2023 soil survey has highlighted a 3.5-square-kilometre arsenic anomaly surrounding a newly mapped two-plus-kilometre western extension of the gold-rich Golden Buffalo shear zone (GBSZ). Arsenic is a very powerful pathfinder for targeting gold mineralization in Abitibi-style orogenic gold systems and its importance is rapidly emerging at Golden Buffalo.

The GBSZ is the primary host for high-grade gold discovered at Golden Buffalo, highlighted by Relevant Gold surface trench rock chip assays of 168 grams per tonne Au, and drilling assays highlighted by 83.8 g/t Au over one metre (see press release -- Feb. 6, 2023). A 2021 pilot soil sampling program tested the known surface gold mineralization trenched at Golden Buffalo and confirmed a strong correlation between the shear structures, gold mineralization and arsenic geochemistry throughout the central GBSZ (see Golden Buffalo National Instrument 43-101 technical report). Subsequent work has shown that arsenic is directly correlated to gold mineralization throughout the Golden Buffalo area and the entire South Pass gold field, which adds important discovery potential for Relevant Gold.

"Adding over two km to the Golden Buffalo trend and showing that it occupies the middle of a huge arsenic anomaly is a major step forward to show it's a first-order gold mineralizing control while simultaneously strengthening the analogy to Canada's Abitibi gold belt," said Brian Lentz, Relevant Gold's chief exploration officer. "We look forward to applying the same methodical approach that brought Golden Buffalo to over five km long to the multiple additional shear zones that lace our extensive Wyoming land portfolio, which we think holds the world's next new gold megadistrict."

The 2023 soil sampling program was part of a larger regional program designed to cover approximately 80 per cent of the 3,884-hectare Golden Buffalo project and test the eastern and western extensions of the fertile Golden Buffalo shear zone (see press release -- Aug. 3, 2023). The 2023 regional soil sampling program identified a significant 3.5 square km arsenic anomaly centered on a two-plus km western extension of the GBSZ. Additionally, several other shear structures hosting arsenic anomalies have been identified in the northwest corner and southern end of the Golden Buffalo property.

The 2023 soil sampling program comprised over 2,100 soil samples across north-south-oriented lines utilizing a 400-metre line spacing and 25 m sample spacing. The sample grid was designed to cover areas with soil cover over the favourable Miner's Delight metagraywacke host rock, while avoiding areas of Tertiary-age sedimentary cover. The samples were dried and analyzed using a portable Niton XL5 Plus X-ray fluorescence analyzer to test for arsenic (As) geochemistry.

Golden Buffalo project summary

The Golden Buffalo project is located southeast of the Wind River Mountain Range in Fremont county of west-central Wyoming, 50 kilometres southeast of Lander, Wyo. The property is composed of both private land and public land managed by the Bureau of Land Management (BLM) totalling 9,600 acres (3,884 hectares) of active BLM mining claims, including 300 acres (121 hectares) of patented claims and greater than 600 acres (242 hectares) of private surface land with water rights. Relevant Gold recently purchased the 88 unpatented mining claims with Golden Buffalo Mining for 1.5 million shares and eliminated over $16.2-million of calendar-based payments (see press release -- Jan. 15, 2024).

In 2020, Golden Buffalo Mining excavated an approximately 20-metre trench and produced over 500 ounces of high-grade visible bonanza-style gold. Relevant Gold's systematic work since then has identified the GBSZ as a primary control on high-grade gold mineralization at the project highlighted by rock chip assays from the trench of 168 g/t Au and the 3,500-metre phase 1 drilling program in 2022 cut 83.8 g/t Au over one metre with over 50 per cent of drill holes reporting shear-hosted gold mineralization (see press release -- Feb. 6, 2023).

For a full technical summary, view the company's Golden Buffalo NI 43-101 technical report.

Quality assurance/quality control

Samples were collected, prepped and analyzed internally by the Relevant Gold technical team using the XL5 Plus portable Niton XRF analyzer. Samples were collected and analyzed according to a standardized sampling methodology including sample preparation, drying and analyzing within a dedicated indoor workspace. An internal QA/QC process was used with regular insertion and analysis of standards and blanks, along with duplicate analysis of individual samples. The XL5 Plus portable Niton XRF analyzer does not provide a certified assay result and thus all results should be considered qualitative and not certified by an independent third party laboratory.

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 founded by experienced exploration geologists and operated by a highly respected team with a proven record of significant value creation for shareholders. Relevant Gold is 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.

We seek Safe Harbor.