Gold Runner Exploration Issues Shares Portion of Option Payment for Falcon Property near Elko, Nevada

Executive Summary

• Gold Runner Exploration issued 40,000 shares to Falcon Mine Group (FMG) under an option agreement to acquire 100% of the Falcon Project.
• The cash portion of the option payment deadline was extended to on or before April 30, 2026.
• Expanded Falcon property now comprises 124 claims (~883 ha) and is being actively sampled, with multiple high‑grade silver and gold assay results reported.

Key Details

• Share Issuance: 40,000 common shares issued to FMG as consideration for the option agreement.
• Option Agreement Terms: Grants Gold Runner the right to purchase 100% of the Falcon Project; cash payment deadline amended to ≤ April 30, 2026.
• Falcon Property Scope: Now 124 total claims (87 unpatented lode + 6 patented + additional staked claims), covering ~883 ha (2,183 acres).
• Geographic Context: Located < 2 km south of Rock Creek prospect and southwest of Dry Creek prospect; combined with those properties totals 239 claims.
• Exploration Highlights:
• 39 samples collected; all but one contain detectable Au or Ag.
• Four samples > 25 g/t Ag (e.g., FAL23_36 = 720 g/t Ag, FAL23_37 = 238 g/t Ag) with elevated Au, As, Sb and visible sulfides.
• Five samples > 0.5 g/t Au (e.g., FAL23_13 = 1.131 g/t Au).
• Vein System: Historic wide vein up to 40 ft; part of an 18‑vein north‑raking system linking Falcon and Rock Creek properties.
• Strike Length: Combined confirmed continuous strike ≈ 6 km; untested interval ~2.5 km suggests potential total ≈ 8.5 km. Veins open at both south and north ends.
• Future Work: Company scheduling property‑wide mapping and sampling; planning initial drill program for Falcon after maiden Rock Creek drilling season.
• Qualified Person Review: Alan J. Morris, QP (NI 43‑101), reviewed scientific and technical disclosure.

Notable Quotes

(No direct quotes provided in the release.)