Mr. Pablo McDonald reports

SOLSTICE GOLD COMMENCES INITIAL DRILL PROGRAM AT THE STRATHY GOLD PROJECT IN THE TEMAGAMI GREENSTONE BELT, ABITIBI SUBPROVINCE, NE ONTARIO

Solstice Gold Corp. has commenced the initial diamond drill program at the Strathy gold project, located in the Temagami greenstone belt in the prolific Abitibi subprovince in Ontario.

Spring 2025 drill program

The spring 2025 drill program will include 3,500 metres of drilling across 15 to 18 drill holes and test five high-priority target areas. Targeting for this initial drill program has been developed based on gold mineralization from historic drilling at the Leckie gold zone and detailed results from the company's 17.5-line-kilometre IP (induced polarization) survey, completed by Simcoe Geosciences in November, 2024:

• Documented gold mineralization on Solstice's claims at the Leckie gold zone includes five grams per tonne gold over 17.28 metres and 7.66 grams per tonne gold over 7.25 metres (core lengths) at vertical depths of approximately 50 to 100 metres below surface.
• Solstice's 2024 IP surveys detect the known mineralization mentioned above. Additionally, IP results also show extensive, better developed and untested IP anomalies along the northern and southern extensions of the Leckie fault.

High-priority drill targets

Building on the historic gold mineralization at the Leckie gold zone and more well-developed IP anomalies along strike on the Leckie fault, three target types will be tested:

1. Leckie fault extensions: Northern and southern extensions of the Leckie fault show strong IP chargeability anomalies. Many of these are better developed than those at the historic high-grade intercepts noted above.
2. Potential intrusive-related targets -- a second type of target at Strathy that exhibits high chargeability and associated high resistivity (as opposed to low resistivity at the Leckie gold zone): These IP responses are up to 800 metres long and may suggest the presence of a different style of mineralization from the Leckie fault, possibly associated with intrusive source rocks, which are spatially associated with many gold deposits in the Temagami greenstone belt and in the Abitibi in general.
3. New Leckie-parallel faults: Digital elevation modelling (DEM) and IP data define linear north-south targets, which are interpreted to represent multiple Leckie-type targets across the property. The highest-priority areas on these targets are where they intersect the high-chargeability/high-resistivity targets described above.

About the Strathy gold project

The Strathy gold project is an extensive 41-square-kilometre land package in the Archean-age Temagami greenstone belt, which is the southernmost extension of the Abitibi subprovince in Ontario. The project includes parts of the Net-Vermilion deformation zone and the Link Lake deformation zone, which are two prominent northeast-southwest-trending structures crosscutting Archean metavolcanics. It contains documented, widespread high-grade gold mineralization, hosting historic intercepts of five grams per tonne gold over 17.28 metres and 7.66 grams per tonne gold over 7.25 metres (core lengths) at vertical depths of approximately 50 to 100 metres below surface, and documented surface sample results of up to 62.7 grams per tonne gold. Despite this demonstrated prospectivity, the core claims at Strathy have not been systemically explored in the past.

A 17.5-line-kilometre IP program carried out in November, 2024, has detected known mineralization, and, in addition to this, the IP results show extensive, better developed and untested IP anomalies along the northern and southern extensions of the Leckie fault. The drill program described above marks the first time that the core area of the Strathy gold project will be systematically drilled. The Strathy gold project is located along the Trans-Canada Highway and has excellent access to infrastructure and mining expertise.

About Solstice Gold Corp.

Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. The company's 41-square-kilometre Strathy gold project hosts high-grade gold mineralization over a wide area straddling two northeast-southwest-trending structures. It is located in the Abitibi subprovince of the Superior craton and has never been systematically explored in its history. The company's Qaiqtuq gold project, which covers 662 square kilometres, hosts a 10-square-kilometre, high-grade gold boulder field, is fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 kilometres from Rankin Inlet and approximately seven kilometres from the Meliadine gold mine owned by Agnico Eagle Mines Ltd. Solstice's district-scale Atikokan gold project is approximately 26 kilometres from the Hammond Reef gold project owned by Agnico Eagle Mines. Solstice's 194-square-kilometre Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake camp in Ontario and approximately 45 kilometres from the Red Lake mine complex owned by Evolution Mining. An extensive gold and battery metal royalty and property portfolio of over 80 assets was purchased in October, 2021. Well over $2.5-million in value and over 20 new royalties have been generated since the acquisition.

Solstice is committed to responsible exploration and development in the communities in which the company works.

Solstice's chairman, David Adamson, was a co-award winner for the discovery of Battle North Gold Corp.'s Bateman gold deposit and was instrumental in the acquisition of many of the district properties in the Battle North portfolio during his successful 16 years of exploration in the Red Lake.

Sandy Barham, MSc, PGeo, senior geologist, is the qualified person as defined by National Instrument 43-101 standards responsible for reviewing and approving the technical disclosures of this news release.

We seek Safe Harbor.