Rush Gold Corp. to Initiate Fieldwork and High-Resolution WorldView-3 Satellite Alteration Image Acquisition at Skylight and Legal Tender Properties

Executive Summary

• Rush Gold Corp. will commence initial reconnaissance field investigations (rock sampling and geological mapping) on the newly optioned Legal Tender and existing Skylight properties in Nevada.
• The company has acquired high‑resolution WorldView‑3 satellite imagery to produce outcrop‑scale alteration maps, enhancing target identification for future drilling.
• These activities are intended to advance priority targets toward a drilling program, building on earlier ASTER anomaly work.

Key Details

• Properties: Legal Tender (5 km north of Skylight) and Skylight, both ~60 km NW of Tonopah, NV, within the Royston Hills Republic Mining District, Nye County.
• Field Work Timeline: Planned to start “in the coming weeks” with rock sampling and geological reconnaissance.
• Satellite Data Acquisition: New WorldView‑3 (WV‑3) imagery purchased; VNIR resolution 1.24 m, SWIR resolution 3.7 m (vs. ASTER’s 15 m/30 m). WV‑3 captures 16 spectral bands (8 VNIR + 8 SWIR) for alteration mapping of 13 key minerals (e.g., alunite, buddingtonite, montmorillonite, sericite, iron oxide, silica).
• Purpose of WV‑3 Data: Enables outcrop‑scale alteration maps to rapidly assess high‑priority zones, integrating known silver geochemical anomalies, historic pits, and shafts.
• Strategic Rationale: Positive results from coarse ASTER study prompted use of higher‑resolution WV‑3 data and expansion onto Legal Tender claims.
• Future Goal: Advance identified priority targets to the drilling stage following reconnaissance.
• Qualified Person: Kristopher J. Raffle, P.Geo., Principal & Consultant, APEX Geoscience Ltd., director of Rush Gold Corp., reviewed and approved technical information per NI 43‑101.

Notable Quotes

“Given the positive results received from our Skylight Property ASTER alteration study … we decided to leverage the much higher outcrop‑scale resolution permitted using the WV‑3 platform, and to expand coverage to the recently acquired Legal Tender claims as well.” – Anthony Zelen, CEO & Director, Rush Gold Corp.

Materiality Assessment: Non‑Material – Positive (operational update that does not yet disclose financial results or definitive drilling outcomes).