Mr. Rob Bergmann reports

REGIONAL MAGNETICS SURVEY HIGHLIGHTS MAJOR ANOMALIES AT RELEVANT GOLD'S BRADLEY PEAK AND SOUTH PASS GOLD CAMPS

Relevant Gold Corp. has released data from the 2023 airborne magnetics geophysical survey flown by the Wyoming Geological Survey (WSGS) and U.S. Geological Survey (USGS). The regional survey covered the company's entire 16,000-hectare portfolio of projects and reveals structural and geological detail far surpassing existing mapping. Importantly, some of the most prominent anomalies highlighted by the survey are major structures at South Pass and Bradley Peak gold camps. The survey shows patterns very similar to those of Canada's Abitibi gold province and provides strong support for the company's exploration thesis that Wyoming has Abitibi-style geology and gold potential.

Key takeaways from the magnetic data (see geophysics presentation):

• The magnetic data provide far more detail than existing regional geologic maps;

• The overall results show strong similarities to the Abitibi gold province, especially the Red Lake, Hemlo and Canadian Malartic districts;

• The magnetic data highlight the major Archean orogenic structures of Wyoming that coincide with historical mining districts;

• The magnetic data agree very well with the company's detailed mapping;

• The two most prominent structural/magnetic anomalies are at Relevant Gold's South Pass and Bradley Peak camps;

• South Pass and Bradley Peak are clearly connected along a regional primary structure;

• Secondary structures revealed at both South Pass and Bradley Peak camps coincide with known high-grade gold occurrences;

• The magnetics support Relevant Gold's target concepts and show where to tighten targets at South Pass;

• The strength of the 100-square-kilometre Bradley Peak anomaly strongly encourages expediting drill permitting.

"The superb detail revealed by this government-sponsored survey is a huge step forward in understanding Wyoming's Archean geology, mirroring what's seen in Canada's prolific Abitibi gold province. A big thank you to the State of Wyoming and USGS for investing in mineral resource development in the state," said Brian Lentz, Relevant Gold's chief exploration officer. "These initial processed results really strengthen Wyoming's connections to the Abitibi while showing that South Pass and Bradley Peak lie on Wyoming's structural Main Street -- giving us some of the best discovery opportunities in the state. We look forward to more detailed processing of the data to see what else it can show us, but Bradley Peak appears to be a monster 100 square kilometres structural trap which coincides closely with high-grade targets we recently generated; we look forward to accelerating exploration there!"

About the survey

This survey was funded jointly by the State of Wyoming and the U.S. Geological Survey as part of the Earth Mapping Resources Initiative (aka Earth MRI) and is the first of three regional aerial geophysical surveys being conducted in Wyoming.

Magnetic and radiometric data were collected over approximately 3,300 square miles (around 854,000 hectares) in central Wyoming using 200-metre spaced flight lines -- it includes Relevant Gold's entire approximate-16,000-hectare landholdings (press release -- May 24, 2023). Airborne geophysical surveys are commonly employed in gold-bearing Archean terranes like the Abitibi of Canada. The technique can see through extensive cover and reveal remarkable details of the major geology and structural trends that control gold mineralization. Data produced from the Wyoming survey provide a much clearer picture of the geology and highlight targets within both the South Pass and Bradley Peak gold camps.

The magnetic survey data provide clear resolution on the nature and extent of major Archean crustal-scale structures and highlight important related secondary structures. Understanding these structural features is critical in gold exploration as they are the primary controls for orogenic gold emplacement. Some of the most notable geophysical signatures within the survey highlight the South Pass and Bradley Peak areas. These high-resolution geophysical data tie very well to the detailed mapping completed by the company in both gold camps where regional geologic data are limited.

In 2023, the company completed an initial mapping and rock chip sampling program at Bradley Peak identifying three new district-scale targets. The rock chip sampling returned high-grade results, highlighted by 5.3 grams per tonne gold, 107 g/t silver and 6.25 per cent copper (see full press release -- Nov. 7, 2023). The geophysical survey outlines the structural trap for these targets in the centre of a major 100-square-kilometre anomaly. The survey illustrates a very large (100 square kilometre) fold hinge structure developed off the crustal-scale Oregon Trail Structural Belt affecting Archean rocks including, iron formation, mafic greenstones, mafic intrusives, felsic intrusives, komatiites and others. This rock assemblage and type of structure is known as the primary host for numerous gold deposits in the Abitibi, with strong similarities to the Red Lake district and Hemlo districts.

Over South Pass the magnetic data illustrate numerous major structures cutting Relevant Gold's property and agree closely to the company's detailed mapping and high-grade gold targets. Importantly, these data confirm the company's model for South Pass and continue to tighten targets throughout the camp. The geophysical signatures, geology and mineralization at South Pass display strong similarities to the Canadian Malartic region along the Cadillac-Larder Lake deformation zone in the southern Abitibi gold belts (geophysics presentation). The company will begin more detailed processing of the data for each property area, with ground truthing based on mapped geology to tease out key details and connections between the geology and gold.

Qualified person

All technical information has been reviewed by Brian Lentz, CPG, who is the chief exploration officer and qualified person for the company according to the 43-101 disclosure requirements.

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.

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