Mr.
Pablo McDonald reports
SOLSTICE GOLD DEFINES EXTENSION OF IP ANOMALY AT RED CEDAR DISCOVERY, STRATHY GOLD PROJECT
Solstice Gold Corp. has released results of an additional 17.2-line-kilometre Alpha IP (induced polarization) survey conducted by Simcoe Geosciences at the company's Strathy gold project in the Temagami greenstone belt in Northeastern Ontario late in 2025. This new survey builds on Solstice's successful 2024 IP survey and defines multiple high-priority targets. Most importantly, it shows a significant eastern extension of the chargeability anomaly, which contains the Red Cedar discovery hole, which intersected 8.52 grams per tonne gold over 3.5 metres, including 28.7 g/t Au over 1.0 m (core lengths),
in the company's inaugural drill program.
Pablo McDonald, chief executive officer, stated: "When combined, the 2024 and 2025 IP surveys now outline a large, continuous, chargeability anomaly that remains open to the east. The presence of our high-grade gold intercept within the strong IP response highlights the potential for a much larger mineralized system at Red Cedar. We are excited to drill test this extensive and essentially unexplored anomaly -- a unique, high-quality opportunity in the Abitibi. With our fully funded 2,750-metre diamond drill campaign set to mobilize in the coming week, Solstice is well positioned to advance our Strathy project through the next phase of discovery."
Highlights and interpretation of the 2025 IP survey:
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Expanded and refined IP coverage:
The 2025 IP survey was designed to complement the 2024 program by adding multidirectional lines over the Red Cedar area, improving confidence in 3-D modelling and extending coverage to the eastern property boundary. Data from both surveys were merged to produce updated 2-D and 3-D inversion models prepared by Simcoe.
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Strong, extensive chargeability anomaly:
The combined data sets define a very strong chargeability anomaly (approximately 25 millivolts per volt to greater than 60 mV/V, 3-D model) over an area of at least 1,000 m by 600 m (the Red Cedar anomaly). The anomaly remains open to the east and was a key driver behind Solstice's recent acquisition of adjacent patented claims (see news release dated Jan. 26, 2026, for details of the acquisition).
- IP trends may be related to regional faulting:
Two dominant anomaly trends, striking northeast-southwest and east-west, are interpreted from both 3-D and 2-D models. These trends show a close spatial association with a regional fault interpreted by the Ontario Geological Survey, which is likely a splay of the nearby regional Link Lake deformation zone. This deformation zone may be related to both the Red Cedar anomaly and gold mineralization. Additional faulting has been interpreted in mapping by Solstice in 2024 in the vicinity of the regional fault.
- Strong IP responses increase to depth:
At the Red Cedar discovery section, the high-grade intercept occurs approximately 75 m below surface within a strong chargeability zone (approximately 35 mV/V), which increases to greater than 65 mV/V at depths exceeding 400 m. This section is therefore a prime exploration target for additional drilling.
- IP response associated with sulphide mineralization:
Downhole electromagnetic data and geochemistry from the Red Cedar discovery hole indicate that the elevated chargeability at Red Cedar is associated with 2 to 4 per cent pyrite, accompanied by quartz-carbonate veining. Modelling suggests this mineralized system continues to depth and may intensify.
- Strong chargeability consistently continues to depth across the Red Cedar anomaly:
Multiple sections across the Red Cedar anomaly closely mirror the discovery section. Strong near-surface anomalies therefore continue to depth on all sections throughout the 1,000-metre-by-600-metre anomaly, which remains open to the east.
- IP detects the nearby Leckie gold zone: The nearby sulphide-bearing Leckie gold zone (LGZ), which contains historical intercepts including 5.00 g/t Au over 17.28 m, is also associated with elevated chargeabilities. Notably, chargeabilities in the essentially unexplored Red Cedar anomaly are generally higher than those in the LGZ area, underscoring the exploration potential at Red Cedar.
About the Strathy gold project
The Strathy gold project is an extensive 46-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, including 28.7 g/t over 1.0 m (core lengths). The discovery hole is located within an extensive RC (reverse circulation) IP anomaly on the project, which is open to the 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 17.28 m and 7.66 g/t Au over 7.25 m (core lengths) at vertical depths of approximately 50 to 100 metres below surface at the LGZ 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.
Historical sampling and drilling data and information
The sampling and drilling data and information presented in this news release (the historical exploration information) are historical in nature. The reader is cautioned that the historical exploration information is based on prior data and reports previously prepared by third parties without the involvement of Solstice. Solstice has not undertaken any independent investigation, nor has it independently analyzed the results of the historical exploration information in order to verify the results. The reader is cautioned not to treat historical exploration information, or any part of it, as current and that a qualified person has not done sufficient work to verify the results and that they may not form a reliable guide to future results. No independent quality assurance/quality control protocols are known for these historic samples and drill holes and therefore the historical exploration information may be unreliable. Solstice considers these historical drill results relevant as the company will use these data as a guide to plan future exploration and drilling programs. Solstice considers the data to be reliable for these purposes; however, the company's future exploration work will include verification of the data through drilling.
About Solstice Gold Corp.
Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. The company's 46-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 2024 17.5-line-kilometre Alpha IP survey defined 50 new targets on Solstice's claims, and a follow-up 2025 IP survey of 17.2 line kilometres shows that the largest IP anomaly is larger than originally measured. Large, continuous IP anomalies are structurally linked to areas of significant gold intercepts and are largely untested, presenting the opportunity for significant discovery.
Solstice'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 km from Rankin Inlet and approximately seven km from the Meliadine gold mine owned by Agnico Eagle Mines Ltd.
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 Red Lake.
Paul Chamois, 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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