REMINDER -- QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos Gold

Executive Summary

• Q‑Gold Resources Ltd. has signed an agreement with engineering firm Kappes, Cassiday & Associates (KCA) to conduct a Preliminary Economic Assessment for the Quartz Mountain Gold Project in Oregon.
• The project’s NI 43‑101 technical report released September 26 2025 disclosed a combined indicated and inferred resource of ~1.69 M oz Au and ~2.18 M oz Ag, supporting open‑pit mining potential.
• Completion of the PEA is expected within months and will underpin future permitting, financing, and development milestones for 2025‑2026.

Key Details

• Agreement Date: November 20 2025; parties – Q‑Gold Resources Ltd. and Kappes, Cassiday & Associates (KCA).
• Scope of Work: Conduct a Preliminary Economic Assessment covering mining methods, processing options, capital and operating cost estimates, and projected financial returns for the Quartz Mountain Gold Project.
• Resource Highlights (NI 43‑101):
• Indicated: 1,543,000 oz Au at 0.96 g/t; 2,049,000 oz Ag at 1.27 g/t within 50,002,000 t.
• Inferred: 148,000 oz Au at 0.77 g/t; 135,000 oz Ag at 0.70 g/t within 5,992,000 t.
• Mining Methodology: Resource amenable to conventional open‑pit mining.
• Project Location: South‑central Oregon, USA (historic mining district).
• Management Commentary: CEO Peter Tagliamonte highlighted that the PEA, combined with recent financing, positions Q‑Gold for an “exceptionally active period” and aims to unlock significant shareholder value.
• Qualified Persons: Technical information reviewed by Fred Brown, P.Geo., and Dr. Andreas Rompel, Pr.Sci.Nat., both qualified persons under NI 43‑101.
• Timeline: PEA results anticipated in the coming months; will serve as a foundation for subsequent technical studies and permitting activities.

Notable Quotes

“Today's engagement of Kappes Cassiday, combined with our recently completed NI 43-101 technical report, positions QGold to unlock significant shareholder value from this strategically located asset…” – Peter Tagliamonte, President & CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the release.