Mr. Richard Drechsler reports

TRIFECTA GOLD SECURES MULTI-YEAR PERMIT AND ANNOUNCES COMMENCEMENT OF 2026 DRILL PROGRAM AT THE RYE PROJECT, YUKON

Trifecta Gold Ltd. has received a 10-year approval from the government of Yukon for exploration at the Rye property. Trifecta had secured many key contracts in anticipation of this approval, and as a result the company's second drill program at the Rye is now under way. Rye is situated 14 kilometres from the North Canol Road between two mid-Cretaceous granitic intrusions -- the Itsi and Itsi East plutons -- in the eastern portion of Yukon's Tombstone gold belt and within the Tu Lidlini portion of the Kaska Nation's traditional territory. The Yukon portion of the Tombstone gold belt encompasses a growing number of multimillion-ounce intrusion-related gold deposits including Snowline Gold Corp.'s Valley deposit, Banyan Gold Corp.'s AurMac deposit, Sitka Gold Corp.'s RC deposit, as well as the past-producing Brewery Creek and Eagle Gold mines, which collectively represent over 25 million ounces of gold.

• Drill targeting a bulk-tonnage-gold system and an adjacent high-grade silver discovery;
• 10-year exploration permit approved by the government of Yukon;
• Drill contractor secured for 2026, with a contract minimum of 1,500 metres;
• Detailed analysis of 2025 drill core identified high-temperature alteration, along with bismuthinite and a previously unrecognized syenogranite dike, indicating proximity to the buried intrusive source of a reduced intrusion-related gold system.

"We are excited to return to Rye in 2026 to follow up on a maiden drill program that identified a broad, gold-bearing hydrothermal system and a high-grade silver-tungsten discovery," states Richard Drechsler, president and chief executive officer. "Mineral deposits form where you have the right combination of structure and chemistry. The 2025 program identified each of these elements at Rye. In 2026 we are systematically closing in on where they intersect, in hopes of turning these findings into Yukon's next major precious metals discovery."

In 2025, Trifecta's drill program tested a variety of geological settings near the margin of the Itsi Pluton with six widely spaced drill holes. Holes RY-25-01 and -06 targeted an area of hornfelsed sediments adjacent to the Itsi Pluton. These holes identified a large-scale hydrothermal system, with both holes intersecting over 200 metres of sheeted veining along with multielement geochemistry consistent with the margins of a RIRGS. Subsequent petrographic and geochemical analysis of 2025 drill core recognized that the strongest gold grades, 37 m averaging 1.02 grams per tonne gold, are coincident with areas of sericite and potassium feldspar alteration, with bismuthinite identified in associated quartz veins, as well as a previously unrecognized syenogranite dike in hole RY-25-01. The high-temperature alteration and late-stage dyke are consistent with a near-source setting to a buried RIRGS.

"Petrographic and geochemical analysis of the 2025 drill core has materially advanced our understanding of the Rye system," states Jack Morton, vice-president of Trifecta. "Producing results that, upon detailed analysis, provide a vector to the hotter, more gold-rich part of the system. The completion of a lidar analysis delineated structural features we believe are critical to understanding the geometry of the system, further strengthens our confidence as we enter the 2026 program. We believe the most important intersection at Rye is still ahead of us."

The 2026 program will include detailed geological mapping, surface sampling and diamond drilling, focused on two targets: the gold system identified in holes RY-25-01 and -06, and a high-grade polymetallic vein system where historical chip sampling returned up to 4.1 per cent tin, 3.7 per cent lead, 2.6 per cent zinc and 106.3 grams per tonne silver over 3.7 m -- interpreted as along strike from hole RY-25-04, which bottomed in 1,465 g/t silver, 0.22 per cent copper and 0.97 per cent WO3 over 1.97 m (see Trifecta Gold news release dated Dec. 18, 2025).

Quality assurance/quality control (QA/QC)

Technical information in this news release has been approved by Trifecta's vice-president, Jackson Morton, PGeo, a qualified person as defined under the terms of National Instrument 43-101.

Tombstone gold belt

Extending more than 1,000 kilometres from the Fairbanks district in Alaska eastward across the entire width of Yukon, the Tombstone gold belt hosts many large reduced intrusion-related gold system (RIRGS) mines such as Fort Knox in Alaska (greater than 10 million ounces), Eagle and Olive in Yukon (greater than four million oz), and the past-producing Brewery Creek mine, also in Yukon. Since May, 2020, over 20 million additional ounces of gold have been discovered in the Yukon portion of the belt, including Snowline Gold's Tier 1 Valley discovery, Sitka Gold's RC deposit, Banyan Gold's AurMac deposits and Victoria Gold's Raven deposit.

Tombstone gold belt systems are characterized by sheeted, auriferous quartz veins forming in the carapace zones of Cretaceous-age plutons. They have a characteristic geochemical signature with a gold-bismuth-tellurium plus or minus tungsten core within a broader gold-arsenic halo. The deposits are found within and surrounding the reduced intrusions and typically exhibit a geophysical signature comprising a magnetic low (that is, reduced) coinciding with a conductivity low. Veining in RIRGS is typically zoned with a core of sheeted veins surrounded by more discrete gold-arsenic veins and more distal silver-lead-zinc veins.

About Trifecta Gold Ltd.

Trifecta is a Canadian-based precious metals exploration company dedicated to increasing shareholder value through the discovery and development of 100-per-cent-held gold projects in mining-friendly jurisdictions. Trifecta has secured an option to acquire a 100-per-cent interest in Mt. Hinton, Rye and nine other highly prospective, intrusion-related gold projects located in Yukon's Tombstone gold belt where over 20 million ounces of gold have been discovered since May, 2020. The company's Eureka project hosts an eight-by-2.5-kilometre belt of surface showings and anomalous gold-in-soil that straddle the headwaters of two of the most productive placer creeks in Yukon's southern Klondike Goldfields. Trifecta's Treble project covers a large hydrothermal system, located midway between Western Copper and Gold Corp.'s Casino deposit, the largest copper and gold deposit in Yukon, and Rockhaven Resources Ltd.'s Klaza deposit, a high-grade gold-silver deposit.

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