Relevant Gold South Pass VTEM Survey Defines Multi-Kilometre Structural Corridors with High Priority Drill Targets

Executive Summary

• Relevant Gold Corp. completed a 2,807 line-km VTEM and magnetics survey across its 100%-owned South Pass Gold Camp in Wyoming, identifying 44 EM anomalies and 15 high-priority exploration targets.
• The survey outlined structural corridors at the Lewiston project traceable for over 3 km along strike and to depths exceeding 400 meters, with multiple high-priority targets coinciding with known gold-bearing structures, historic workings, surface geochemistry, and projected extensions of 2024/2025 drilling.
• Results will directly inform the company's planned 2026 drill program at Lewiston and broader regional follow-up, with next steps including final target ranking, ground verification, and drill collar selection.

Key Details

• Survey Scope: 2,807 line-km Versatile Time Domain Electromagnetic (VTEM) and magnetics survey completed at 75 m line spacing.
• Anomaly Count: 44 total EM anomalies identified, comprising 15 high-priority targets and approximately 20 additional favorable targets.
• Structural Corridors: Outlined at Lewiston, traceable for >3 km along strike and to depths >400 meters.
• Target Coincidences: High-priority anomalies align with known gold-bearing structures, historic workings, mapped shears, surface geochemical anomalies, magnetic anomalies, and projected extensions of mineralized trends from the 2024 Burr drill program and 2025 mapping/sampling.
• Geological Interpretation: Conductive features are interpreted to represent sulfide-bearing shear zones (pyrite, pyrrhotite, arsenopyrite), graphitic/reactive sedimentary horizons acting as gold traps, or linear zones of hydrothermal alteration and fluid flow.
• Modeling Results: Preliminary inversion and plate modeling indicate prioritized anomalies exhibit low apparent resistivity/resistivity gradients, steeply dipping geometries consistent with structurally controlled mineralization, depth extents from near-surface to several hundred meters, and strike continuity along known/interpreted corridors.
• Next Steps: Phased exploration program including final drill target ranking and collar selection, drill testing of the Burr and Sweetwater trends along strike and below historic drilling, detailed geological mapping, ground verification of EM features, and evaluation of induced polarization (IP).
• Timeline: Select targets near South Lewiston may advance to drilling following ground verification and final ranking; broader regional evaluation is expected to continue through 2026 and into 2027.
• Qualified Person: Brian C. Lentz, CPG #11999, Chief Exploration Officer, approved all scientific and technical content per NI 43-101.

Notable Quotes

• "The overlap between the VTEM responses and multiple independent mineralization indicators is particularly encouraging as the survey strengthens our interpretation that the mineralized structures at Lewiston continue beyond what can be observed at surface and much deeper than the gold-hosting shears we drilled in 2024. This all supports our view that South Pass hosts multiple meaningful gold-bearing structural corridors and gives us a more refined targeting framework for Lewiston and elsewhere across South Pass." – Rob Bergmann, Chief Executive Officer