Gold Hunter completes VTEM survey at Great Northern

Mr. Sean Kingsley reports GOLD HUNTER COMPLETES PROJECT-WIDE AIRBORNE SURVEY, MAPS STRUCTURES COINCIDENT WITH KNOWN GOLD MINERALIZATION IN DETAIL Gold Hunter Resources Inc. has successfully completed a VTEM (versatile time-domain electromagnetic) and magnetic airborne geophysical survey over its entire 26,237-hectare Great Northern project, the company's flagship asset in Newfoundland. The survey was completed by Geotech Ltd. and represents the first modern, consistent geophysical data set across the consolidated property. Processing and interpretation are under way, with final deliverables expected shortly. Campbell & Walker Geophysics, engaged for quality control during the survey, is independently processing and modelling the data to refine and prioritize drill targets. Survey highlights: First-ever comprehensive coverage: This is the first modern airborne geophysical survey to cover the full 40-kilometre strike length of the consolidated Great Northern project. Major structures confirmed: Preliminary magnetic data highlight not only the known large, property-scale structural features interpreted as key controls on gold mineralization, but also the second- and third-order structures that can represent the traps for mineralization. Correlation with known gold: These newly mapped, discrete structural trends show strong spatial correlation with the project's five key gold areas, which host a historical estimate at the Rattling Brook deposit and 51,000 indicated ounces gold and 4,200 ounces gold at the Viking deposit (for more details, please refer to the news release from May 29, 2025). Drill targeting in progress: Once this new geophysical data set is processed and modelled, it will be integrated with historical geological and geochemical information to refine high-priority drill targets for the company's maiden drill program. Processing and interpretation are continuing, with final deliverables from Geotech still pending. Campbell & Walker Geophysics was engaged for quality control throughout the survey but, more importantly, is also processing and modelling the data to further integrate these data for refining and prioritizing drill holes. Gold Hunter, Mercator, Campbell & Walker, and Geotech working on their respective pieces and will later integrate. Strategic positioning in a Tier 1 mining district The Great Northern project is situated in one of Canada's premier mining jurisdictions, benefiting from an exceptional combination of geological potential, infrastructure and historical work. The project lies just 80 kilometres from Equinox Gold's newly commissioned Valentine gold mine, which recently celebrated its first gold pour. Gold Hunter believes the Great Northern project shares several geological and structural features with Valentine, underscoring the district-scale opportunity along this portion of the Doucers Valley fault. In addition to favourable geology, the property is bisected by the Baie Verte Highway, the main transportation artery connecting the region to mills and a deep-sea port. This provides superior, year-round road access compared with many other projects in the district, representing a significant logistical advantage in any future development scenario. The project also benefits from a strong foundation of past exploration, including: A historical estimate of 255,000 ounces of gold at the Rattling Brook deposit (Magna Terra Minerals, effective date of Jan. 23, 2019; see National Instrument 43-101 technical report and updated mineral resource estimate on the Rattling Brook gold deposit, White Bay area, Newfoundland, Canada); 51,000 ounces of indicated gold and 4,200 ounces of inferred gold at the Viking deposit (see Gold Hunter's news release dated May 29, 2025, for additional details); More than 500 historical drill holes across the property as well as the past-producing Browning gold mine. Cautionary note regarding historical estimates The historic estimate was originally prepared for Magna Terra and presented in "NI 43-101 Technical Report and Updated Mineral Resource Estimate on the Rattling Brook Gold Deposit, Great Northern Project, White Bay Area, Newfoundland, Canada," with an effective date of Jan. 23, 2019. The historical estimate was prepared in accordance with NI 43-101 and the CIM (Canadian Institute of Mining, Metallurgy and Petroleum) Standards (2014) and categorized as inferred under that methodology. Tonnages have been rounded to the nearest 10,000 and ounces have been rounded to the nearest 1,000. Totals may not sum due to rounding. The historical estimate was interpolated using ordinary kriging from 1.5-metre assay composites. An average bulk density of 2.70 grams per cubic centimetre has been applied. The historical estimate was reported within a maximum depth of 200 metres. The Rattling Brook deposit historical estimate is relevant because it is the culmination of previous work conducted on the property and demonstrates the three-dimensional continuity of gold mineralization. A qualified person has not conducted sufficient work to classify the historical estimate as current mineral resources. Additional core drilling, metallurgical studies, assessment of reasonable prospects for eventual economic extraction and consideration of core drilling completed since the effective date may be required to verify the historical estimate as current mineral resources. The company is not treating the historical estimate as current mineral resources or mineral reserves. Taken together, this combination of Tier 1 jurisdiction, excellent infrastructure and a substantial base of historical exploration positions Gold Hunter as one of the most advanced junior explorers in the district. Sean A. Kingsley, president and chief executive officer, commented: "Completion of the airborne survey is a major milestone, giving us a unified data set over our entire 50-kilometre-long project for the first time. Our project combines the right geology in a district-scale structural corridor analogous to the nearby Valentine gold mine, with an unparalleled logistical advantage from the highway that runs through our property. This new geophysical data is a valuable layer we need to effectively target the high-grade potential we know exists here. We are excited to advance the project methodically and unlock the district-scale opportunity at Great Northern." Financing update The company also provides an update on its financing strategy. Gold Hunter previously announced a financing in support of its exploration plans. While the originally announced tranche structure is now void, the company strategically raised sufficient funds to complete the airborne geophysical survey and associated analysis. Gold Hunter maintains adequate working capital to complete continuing data interpretation and target prioritization work. However, additional financing will be required to execute the planned drill program, and management is actively evaluating financing opportunities to ensure drilling can begin as quickly as possible. Next steps: Receipt of final processed and modelled data from Geotech and Campbell & Walker Geophysics; Integration of geophysical results with existing geological and geochemical data sets; Ranking and prioritization of targets for the company's maiden drill program; Preparation of a follow-up release outlining the financing strategy and corporate initiatives to advance drilling. About Gold Hunter Resources Inc. Gold Hunter Resources is a Canadian mineral exploration company dedicated to acquiring and advancing high-potential precious and base metal projects. The company employs a data-driven exploration strategy, merging modern techniques with historical data to unlock district-scale opportunities. The Great Northern project, covering 26,237 hectares and nearly 50 kilometres of strike length along the prospective Doucers Valley fault structure, is the company's flagship asset. Gold Hunter is committed to responsible exploration, stakeholder engagement and creating long-term shareholder value. Qualified person and technical disclosure This news release, along with all scientific and technical information, has been reviewed and approved by Rory Kutluoglu, BSc, PGeo, a qualified person as defined under NI 43-101, Standards of Disclosure for Mineral Projects, and is the consulting technical lead for Gold Hunter. We seek Safe Harbor.