Eminent Announces Mobilization for Drilling at Hot Springs Range Project, Nevada

Executive Summary

• Eminent Gold Corp. announces the mobilization of its reverse circulation (RC) drill rig to its 100%-owned Hot Springs Range Project in Nevada, with drilling scheduled to commence on July 6, 2026.
• The program will cover up to 10,000 meters, targeting the Otis prospect to follow up on previous high-grade intersections and the Eden prospect for its first drill test.
• Drilling will utilize RC and diamond core methods, with rapid PhotonAssay™ analysis expected to deliver initial results within approximately one week per hole.

Key Details

• Mobilization & Start Date: Drill rig mobilization scheduled for July 6, 2026, with drilling commencing immediately thereafter.
• Program Scope: Up to 10,000 meters of drilling at the Hot Springs Range Project (HSRP).
• Previous Results Referenced: Otis target hole HSC005 returned 9.2 meters grading 3.2 g/t Au.
• Target Areas:
• Otis target: Follow-up drilling to expand on initial discovery holes.
• Eden target: First drill test at the opposite end of the 10-kilometre structural corridor; defined by a 3-kilometre-long gold-in-soil anomaly along a major structure refined by recent seismic survey.
• Drilling Methods: RC drilling across the Otis target area; Diamond core drilling at the Eden target, utilizing RC pre-collars through the cover sequence before transitioning to core.
• Analysis & Turnaround: PhotonAssay™ analysis for rapid turnaround, with initial results anticipated within approximately one week per hole.
• Hole Completion Time: RC holes expected to take approximately 48 hours to complete.
• Project Context: Part of the Company's active 2026 exploration program in Nevada; the Celts project is scheduled to follow later this year.
• Qualified Person: Justin B. Milliard, P.Geo., Vice President of Exploration, reviewed and approved all scientific and technical information per NI 43-101.

Notable Quotes

• Dan McCoy, President & CEO: "We are pleased to announce a scheduled start to drilling at Hot Springs Range. The Company experienced a delay due to increased demand for drill rigs across Nevada, where availability has tightened considerably with the improved gold market. We are excited to follow up on the promising results at Otis and to test additional structural corridors that form part of what we interpret as a robust Carlin-style gold system on the project, as we work to expand on our initial discovery holes and evaluate new targets."