Caprock begins drilling at Destiny gold project

Executive Summary

• Caprock Mining Corp. has commenced a new drill program at its flagship Destiny gold property in Quebec, targeting deep-seated high-grade mineralization below the current open-pit constrained mineral resource estimate (MRE).
• The program aims to establish continuity of a high-grade zone identified by previous historical drill holes (DES-01-59 and DES-01-60) which intersected grades up to 26.6 g/t Au at depths of approximately 550 meters below surface.
• The four-hole drill program is scheduled for completion by mid-December, with assay results expected to be published by early February 2026.

Key Details

• Drill Program Scope: The current program consists of four drill holes designed to test the continuity of high-grade underground mineable gold mineralization.
• Target Depth and Location: The target is located approximately 550 meters below surface and 200 to 250 meters below the floor of the conceptual open pit defined in the current MRE.
• Historical Context: Previous operator drill 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. These holes were over 200 meters laterally apart.
• Timeline:
  • Drill program completion: Mid-December.
  • Publication of assays: Early February 2026.
• Strategic Objective: To validate the geological model developed by the technical team and refine drill targets for future campaigns.
• Mineral Resource Estimate (MRE): The open pit-constrained MRE was issued on March 24, 2025.
• Property Details: Destiny comprises 127 mineral claims covering 5,013 hectares, located less than two hours' drive from Val d'Or, Quebec. It lies along the Despinassy shear zone, a splay off the regional Chicobi fault.
• Qualified Person: Vishal Gupta, PGeo, President and CEO, has reviewed and approved the scientific and technical information.

Notable Quotes

• "Drill holes DES-01-60 and DES-01-59 drilled at Destiny by a previous operator produced intercepts with grades as high as 26.6 g/t Au and 17.5 g/t Au, respectively. These drill holes intersected high-grade mineralization at approximately 550 metres below surface, and 200 to 250 metres below the floor of the conceptual open pit at DAC that was used for the generation of the current mineral resource estimate (MRE)." — Vishal Gupta, President and CEO
• "This drill program is expected to be completed by mid-December, with all corresponding assays to be published by early February, 2026. A successful program will not only demonstrate the presence and continuity of high-grade mineralization beyond the near-surface, pit-constrained MRE published earlier this year, but also validate the geological model developed by our technical team that will help refine our drill targets for future campaigns." — Vishal Gupta, President and CEO