Mr. David Kol reports

ZODIAC GOLD MOBILIZES DRILL RIG TO ADVANCE RESOURCE GROWTH AT ARTHINGTON WITHIN THE 16KM MONTERRA TREND

A diamond drill rig has been mobilized to Zodiac Gold Inc.'s flagship Arthington discovery, marking the next phase of the company's district-scale 2026 exploration strategy along the highly prospective 16-kilometre (km) Monterra trend at the Todi gold project in Liberia. The program is designed to grow Arthington both at depth and along strike, as well as tightening the drill density to increase confidence in the geological model and support planned mineral resource estimation.

The 3,000-metre (m) drilling program will build on a discovery that has already returned significant gold intersections in 37 of 39 holes drilled to date, with high-grade intervals of up to 55.9 grams per tonne (g/t) gold (Au). The 6,836 m of drilling completed by Zodiac Gold at Arthington has already demonstrated strong continuity of mineralized zones and drill testing along strike will push into the plus-three km area west of the Arthington discovery, where only limited drilling has been completed to date. Drilling will also test the downdip continuity of interpreted zones, which have demonstrated strong grade and thickness nearer to surface. Together, depth extension and strike extension represent the two clearest paths to materially growing the scale of the Arthington discovery.

Key highlights of the exploration program:

• Proven record at Arthington: Prior systematic exploration by Zodiac Gold at Arthington includes 6,836 metres of diamond drilling and 2,369 metres of trenching. This rigorous work has demonstrated strong continuity of mineralized zones, with significant intersections in 37 of 39 drill holes to date -- an exceptional hit rate for an early-stage, greenfield discovery. Drilling has predominantly tested an 850-metre portion of the overall four-kilometre soil anomaly at Arthington, leaving the majority of the system open along strike.
• Wide zones with high-grade intervals: Past drilling at Arthington has returned compelling near-surface mineralization, including wide intervals with high-grade gold:
  • 18.00 metres at 4.67 g/t Au (including 1.00 metre at 55.90 g/t Au);
  • 9.65 metres at 7.50 g/t Au (including 3.00 metres at 20.36 g/t Au);
  • 6.00 metres at 10.60 g/t Au (including 3.00 metres at 20.45 g/t Au);
  • 25.90 metres at 2.10 g/t Au (including 9.14 metres at 4.20 g/t Au).
• Significant along-strike expansion potential: Limited drilling and trenching completed to the west of the Arthington discovery has already demonstrated significant potential within the remaining plus-three kilometres of gold-in-soil anomalism -- ground the upcoming program is designed to test. ADD031 returned 1.05 metres at 8.98 g/t Au and seven metres at 0.33 g/t Au, 1.1 kilometres to the west of the Arthington discovery. The sampling of 13 trenches to the west of the Arthington discovery returned grades up to 32.8 g/t Au. These early results suggest that the mineralized system could extend well beyond the area drilled to date, underscoring the potential to materially expand the footprint of the deposit along strike.
• Unlocking the 16-kilometre Monterra trend: Arthington anchors the newly defined Monterra trend, a district-scale, 16-kilometre gold-in-soil corridor with significant hard rock and alluvial artisanal workings, stretching from the Arthington discovery in the northwest, through the Ben Ben and Feh Feh targets, to the Youth Camp target in the southeast -- providing Zodiac Gold with multiple target areas along a 16-kilometre anomalous trend.
• Advancing multiple targets simultaneously: While the company awaits the latest batch of assay results from the 3,542 metres of diamond drilling across 20 holes completed to date at the Ben Ben target, the inaugural drilling at the Youth Camp target will be launched in early July. Initial drilling at Ben Ben intersected near-surface, shallow-dipping mineralized zones with high-grade gold intervals -- demonstrating that the Monterra trend's potential extends well beyond Arthington -- with standout intersections including:
  • 14.85 metres at 1.55 g/t Au from 51.4 metres (BDD005), including 0.80 metre at 13.15 g/t Au from 60.1 metres and 1.05 metres at 4.09 g/t Au from 55.45 metres;
  • 2.04 metres at 5.69 g/t Au from 43.96 metres (BDD002), including 0.79 metre at 13.95 g/t Au from 45.21 metres;
  • 7.37 metres at 1.95 g/t Au from 23.4 metres (BDD006), including 0.63 metre at 11.20 g/t Au from 24.37 metres;
  • 17.65 metres at 0.81 g/t Au from 33 metres (BDD009), including 1.00 metre at 3.39 g/t Au from 33 metres.

"Mobilizing a drill rig to Arthington is a key milestone in the execution of our 2026 exploration strategy along the 16-kilometre Monterra trend," stated David Kol, president and chief executive officer of Zodiac Gold. "This program is designed to grow Arthington in two directions at once -- testing the at-depth continuity of the high-grade zones we have already defined, while pushing along strike into more than three kilometres of almost untested gold-in-soil anomalism to the west. With significant intersections in 37 of 39 holes drilled to date, Arthington has proven itself as a robust, continuous system; this program is about proving its actual extent. By driving systematic exploration simultaneously across multiple high-priority targets, we are unlocking the true potential of this district-scale system, all while continuing to evaluate and build upon the near-surface success achieved in our recent drilling at Ben Ben. This aggressive, multitarget approach ensures we are efficiently revealing the value of our extensive licence package on the Todi shear zone."

The Arthington target includes a four km long gold-in-soil anomaly and is part of the 16 km Monterra trend on the Todi shear zone. The Arthington discovery, where Zodiac Gold has drilled 6,836 metres, has a strike length of 850 m along a northwest trend, encompassing two hard rock artisanal mining areas, and remains open both along strike and at depth. Drilling results have demonstrated strong continuity of gold mineralization, which is hosted in a sheared amphibolite-gniess package. Three hundred forty m to the west of the Arthington discovery, channel sampling in an artisanal mining pit returned results of 17 m at 0.7 g/t Au, including four m at 1.99 g/t Au and one m at 1.47 g/t Au. Trench AT-13, 1.1 km to the west of the Arthington discovery, returned multiple intersections including one m at 32.8 g/t Au. Follow-up drilling included 1.05 m at 8.98 g/t Au and seven m at 0.33 g/t Au.

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 National Instrument 43-101. He has reviewed and approved the technical and scientific information contained in this news release.

About Zodiac Gold Inc.

Zodiac Gold is a West-African gold exploration company focused on its flagship Todi gold project 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 km 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 delivering high-grade gold intercepts.

We seek Safe Harbor.