Caprock Mining expands Destiny gold drill program

Executive Summary

• Caprock Mining Corp. has expanded its drilling program at the Destiny Gold Project in Quebec, increasing the scope from four holes (1,700–2,000m) to eight or nine holes (4,500–5,000m) to test deep-seated, high-grade mineralization.
• The first three drill holes completed in the current campaign intersected significant zones of silica flooding, sulphide mineralization, and intense shearing at depths consistent with the company's geological model and previous high-grade intercepts.
• Management anticipates publishing assay results from the current program starting in January 2026, describing 2026 as a "defining year" for the company.

Key Details

• Drilling Expansion: The program is extended into January and February 2026, targeting a total of 8–9 drill holes with a combined depth of 4,500 to 5,000 metres.
• Current Progress: Three drill holes have been completed to date; a fourth hole is currently being drilled and is expected to be completed before Christmas.
• Geological Findings: The three completed holes intersected:
  • Significant zones of silica flooding.
  • Sulphide mineralization.
  • Intense shearing.
  • These features occurred at approximately the same depths as expected based on the geological model.
• Target Areas: The expanded program targets two specific gaps:
  1. The vertical gap of 200 to 250 metres from the floor of the conceptual open pit at the DAC deposit (used for the current Mineral Resource Estimate) to the high-grade zone intersected at depth by historical holes DES-01-60 and DES-01-59.
  2. The lateral gap of over 200 metres between historical holes DES-01-60 and DES-01-59.
• Historical Context: Historical holes DES-01-60 and DES-01-59 produced intercepts with grades as high as 26.6 g/t Au and 17.5 g/t Au, respectively, at approximately 550 metres depth below surface. The current holes have intersected potentially the same mineralized horizon.
• Mineral Resource Estimate (MRE): The release references an open pit-constrained MRE at Destiny containing a gold inventory (table attached in original release, not provided in text).
• Qualified Person: Technical information reviewed by Suzie Tremblay, Vice-President of Operations for Explo-Logik Inc.

Notable Quotes

• Vishal Gupta, President and CEO: "We're very excited to report that all three drill holes that have been completed to date during our current drill program have intersected significant zones of silica flooding with sulphide mineralization and intense shearing at approximately the same depths downhole as were expected based on our geological model for Destiny. Our technical team believes that this combination of characteristics is highly conducive to gold mineralization, based on our review of previously drilled holes on the property."
• Vishal Gupta, President and CEO: "A fourth hole is currently being drilled and is expected to be completed before we break for Christmas. Two thousand twenty-six is promising to be a defining year for Caprock as we anticipate publishing assay results from the current drill program starting in January."