Mr. Ron Little reports

WOLFDEN PROVIDES DRILL PROGRAM UPDATE AT ITS ROCKLAND GOLD PROJECT IN THE WALKER LANE TREND OF NEVADA

Wolfden Resources Corp. has completed the first 600-metre core hole of an approximately 1,800-metre drill program at its Rockland gold project located in the Walker Lane trend of Nevada, United States. The program is designed to test below historical and significant drill results that ended in mineralization, including 146.4 metres at 1.0 gram per tonne gold equivalent in hole PG-32 and 85.4 metres at 1.0 g/t AuEq in hole PG-36C, which was drilled in the opposing direction approximately 70 metres away. The first hole, REP18, was collared near hole PG-32 with a steeper inclination and was designed to test the extent and potential continuation of the wide mineralized zone past the end of hole PG-32. The company is pleased to confirm visually that REP18 intersected 242 metres (from 282 to 524 metres down the hole) of the same intensely clay-altered, flow-banded rhyolite unit with similar levels of alteration and fine-grained sulphide content that was intersected in the 146.4-metre mineralized section of hole PG-32. Because of the steeper inclination, the hole trace of REP18 is approximately 40 metres below and parallel to hole PG-32 when viewed on a vertical cross-section. The bottom 30 metres of the mineralized rhyolite in hole REP18 includes an increase in deformation and the amount of dark hairline fractures that may also contain very fine-grained sulphides. This lower 30-metre section did not include a significant increase in quartz veining or silica flooding as potentially envisioned. The drill has been moved to drill a crossover hole REP22, with an opposing direction and inclination to REP18, in order to confirm the true width and orientation of the 242-metre-long altered rhyolite zone. Once hole REP22 is completed, a decision will be made to drill a hole deeper below hole REP18 or REP22 to test for the potential occurrence of higher silica and higher sulphide content (higher gold grades) that could be the potential source of the significant alteration and mineralization in the altered rhyolite in hole PG-32, closer to surface.

A second drill has been added to the project and has been set up on Target Hill (No. 4), located at the northeastern end of the 1.7-kilometre structural corridor that includes altered rhyolites. Target Hill is a highly altered rhyolite dome that had been previously drilled with a hole that intersected 300 metres of 0.12 g/t Au from surface. Hole REP25A will test to a greater depth and at a different orientation to the historical hole.

"We are pleased to see the extent of altered and mineralized rhyolite zone and look forward to seeing the assay results, which have been prioritized at the lab and will be released in the coming weeks once received and reviewed," stated Don Dudek, senior exploration adviser for Wolfden. "The addition of the second rig will also allow us to speed up the program and add additional holes as warranted."

Wolfden has optioned the Rockland property and can earn up to a 75-per-cent interest in the property, as outlined in the company's news release dated Feb. 25, 2025. Further information and technical details of the deep-penetrating IP (induced polarization) survey can be found in the company's press release dated June 3, 2025.

Quality assurance/quality control comment

All historical stated drill results are based on hole lengths and were calculated from a validated drill database that includes work from several different companies. Holes 13 to 27 were completed in 1995 by a well-known international company, and, although there is no QA/QC documentation available, it is assumed that the work and the laboratory used would have been of good industry standards and practices.

Holes 30 to 38C were drilled in 2006 and 2007 with a complete QA/QC program that included reverse circulation samples of nine kilograms on average, collected at five-foot intervals from a wet splitter. Occasional duplicate samples were taken in the same way. Control samples including standard pulps and crushed marble blanks were inserted into the sample sequence about one every 10 samples. The samples were prepared and fire assayed for gold and multielement analysis by ALS Chemex at its laboratory in Sparks, Nev. All drill core was HQ in size and photographed and logged, including RQD (rock quality designation) measurements and recovery, prior to sampling. Sample intervals were typically chosen to follow actual core block/run intervals to a maximum of five feet of sample. Control samples, including standard pulps and crushed marble blanks, were inserted randomly in the sample number sequence to check and verify lab accuracy. The control samples were inserted at least one every 10th sample and more frequently in well-mineralized zones.

The grab samples were collected by at least four different exploration teams, including those that had completed the drilling. It is believed that the prospecting grab sample data noted in this release accurately reflect the gold content of the rocks, especially since different groups returned anomalous assays from the same area, and that at least one of the groups had an active, documented drill sample QA/QC program in 2006 and 2007.

About Wolfden Resources Corp.

Wolfden is a North American exploration and development company focused on high-margin metallic mineral deposits, including precious, base and critical metals, that represent significant development projects with the potential to produce domestic supply of strategic metals.

We seek Safe Harbor.