Mr. David Kol reports

ZODIAC GOLD ENGAGES DR. JOHN ARTHUR TO UPDATE NI 43-101 TECHNICAL REPORT ON THE TODI GOLD PROJECT, INCLUDING A RESOURCE ESTIMATE AT THE ARTHINGTON DISCOVERY

Zodiac Gold Inc. has engaged Dr. John Arthur, an accomplished economic geologist and independent qualified person, to prepare an updated National Instrument 43-101 technical report on the Todi gold project. The updated technical report is expected to include a mineral resource estimate on the Arthington discovery and an evaluation of exploration targets in the Ben Ben to Youth Camp areas along strike. The company anticipates disclosing the mineral resource estimate and filing the updated technical report in Q1 (first quarter) 2026.

Dr. Arthur brings more than 28 years of international experience, including assignments on many of the most significant gold projects across West Africa, South America, Europe and Central Asia. His gold project credentials include mineral resource estimation for studies from scoping to feasibility level for major deposits, such as Bogoso and Prestea in Ghana, where he also completed independent mineral resource estimate updates in 2022 and 2024. His record further includes NI 43-101 resource updates at the Sabodala gold mine in Senegal; PFS- (prefeasibility study) and FS-stage (feasibility study) resource modelling and estimation at Baomahun in Sierra Leone; technical and financial due diligence for the Essase gold project in Ghana; geological modelling and resource sign-off at Mandiana in Guinea; and maiden resource estimation at the Kisinkala gold and copper project in the Democratic Republic of the Congo (DRC). Additional major gold project involvement includes technical work on Kumtor in Kyrgyzstan, Crixas and Morro do Ouro in Brazil, numerous Witwatersrand gold mines in South Africa, and multiple feasibility-level roles across Africa and Europe. He previously worked as principal geologist for SRK Consulting (U.K.) for 19 years.

Commenting on the engagement, David Kol, president and chief executive officer of Zodiac Gold, stated: "Having Dr. Arthur update our NI 43-101 technical report, including a mineral resource estimate for the Arthington discovery, is a major step forward for Zodiac Gold. His experience on some of Africa's most important gold deposits combined with his prior work with Zodiac Gold make him uniquely positioned to independently assess our discovery at Arthington, as well as other highly prospective targets in our district-scale portfolio. We believe this work will establish the technical foundation for our next stage of growth."

Qualified person

Tom Dowrick, director of exploration at Zodiac Gold, is a chartered geologist of the Geological Society of London and a qualified person as defined by NI 43-101. He has reviewed and approved the technical and scientific information provided in this news release.

About Zodiac Gold Inc.

Zodiac Gold is a West African gold exploration company focused on its flagship Todi gold project, situated in Liberia, an underexplored, politically stable, mining-friendly jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi shear zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast 2,316-square-kilometre land package. The Todi gold project has undergone derisking, showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, of which two have been drilled and high-grade gold intercepts.

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