03:16:03 EST Sun 08 Feb 2026
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Solstice Gold Corp
Symbol SGC
Shares Issued 235,573,134
Close 2025-11-10 C$ 0.065
Market Cap C$ 15,312,254
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Solstice Gold begins Alpha IP survey at Strathy

2025-11-10 16:27 ET - News Release

Mr. Pablo McDonald reports

SOLSTICE GOLD COMMENCES EXPANDED ALPHA IP PROGRAM AT RED CEDAR DISCOVERY, STRATHY GOLD PROJECT

Field crews have mobilized to commence a phase II 8.9-line-kilometre Alpha IP (induced polarization) survey at Solstice Gold Corp.'s 100-per-cent-owned Strathy gold project. The project is located in the Temagami greenstone belt in the prolific Abitibi subprovince in Ontario. The IP survey will be done prior to executing a fully financed phase II drill program of approximately 16 drill holes designed to follow up on the discovery hole of 8.52 grams per tonne gold over 3.5 metres and to test other targets in the area.

Pablo McDonald, chief executive officer, stated: "This new IP survey represents a major step forward in advancing the Red Cedar discovery made via Solstice's successful inaugural drill program at Strathy. The Red Cedar discovery was made in Solstice's first drill hole in the area, which is otherwise essentially untested. The target area at Red Cedar spans at least 1,000 m by 500 m and is open to the north and east. Our new IP program will both infill and extend coverage to refine high-priority drill targets. This is an exciting step for Solstice shareholders building towards aggressive follow-up drilling of our new high-grade gold discovery in this part of the Abitibi."

Highlights of the IP program:

  • The primary objective of the Alpha IP survey is to extend and further define the strong high-resistivity, moderate-to-high-chargeability anomaly associated with the Red Cedar discovery. This anomaly remains open to the north and east beyond the limits of the previous IP grid, offering compelling potential for expansion.
  • The current program will supplement existing data to utilize tighter 175-metre line spacing -- providing more detailed modelling than the previous 2024 IP survey. This high-resolution spacing is expected to improve subsurface mapping and precision drill targeting at Red Cedar.

The previous IP program successfully guided Solstice's initial drilling and played a key role in the Red Cedar discovery. Drilling here demonstrates that the anomaly hosts high-grade gold mineralization associated with quartz veining in mafic volcanics, accompanied by silicification and carbonate alteration -- characteristics that define Solstice's highest-priority target type for follow-up work. The new survey will enhance definition of the strongest anomalies while expanding coverage beyond the previous IP grid, leading directly to precision drill targeting for Solstice's winter drill program.

Winter drill program -- 2025/2026

This IP survey will enable the company to plan and execute a focused, fully financed follow-up drill program of approximately 16 drill holes designed to follow up the Red Cedar discovery and to test other targets in the area.

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. Solstice's first drill program on the project intercepted the Red Cedar discovery -- an intercept of 8.52 g/t Au over 3.5 m. The discovery hole is located in the largest IP anomaly on the project, which is open to the north and east. Located on the Trans-Canada Highway, the project has excellent access to infrastructure and mining expertise. In addition to the recent Red Cedar discovery, the Strathy gold project contains documented, widespread high-grade gold mineralization, hosting historic intercepts of 5.00 g/t Au over 7.28 m and 7.66 g/t Au over 7.25 m (core lengths) at vertical depths of approximately 50 to 100 metres below surface and documented surface sample results of up to 62.7 g/t Au. Despite this demonstrated prospectivity, the core claims at Strathy have not been systemically explored in the past.

About Solstice Gold Corp.

Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. Its 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. A recent 17.5-line-kilometre Alpha IP survey defines 50 new targets on SGC claims. Large, continuous IP anomalies are structurally linked to areas of significant gold intercepts and are largely untested, presenting the opportunity for significant discovery.

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.

The company's district-scale Atikokan gold project is approximately 26 kilometres from the Hammond Reef gold project owned by Agnico Eagle Mines. The company'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 three new royalties have been generated since the acquisition.

Solstice is committed to responsible exploration and development in the communities in which the company works. For more details on Solstice Gold, its exploration projects and the company's recently acquired portfolio of projects, please see the company's corporate presentation available on its website.

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.

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