Tru Precious Metals identifies targets at Golden Rose

Mr. Steve Nicol reports FIELD WORK IDENTIFIES NEW MINERALIZED TREND AND ADDITIONAL GOLD TARGETS AT GOLDEN ROSE Tru Precious Metals Corp. has provided an update on the ongoing target generation fieldworks at its Golden Rose project strategically located along the gold-deposit-bearing Cape Ray-Valentine Lake shear zones in central Newfoundland, and neighbouring Equinox Gold Corp.'s Valentine mine. Subsequent to the completion of the 2025 drilling program at Golden Rose, the results of which can be found in the company's news release dated Sept. 10, 2025, the Tru exploration team was in the field advancing focused mapping and ground truthing programs aimed at further refining the geological and structural site-wide model and expanding the pipeline of quality drill targets both within and beyond the initial area of drilling focus. Highlights from the 2025 fieldwork Fieldwork to follow up the mineralized sandstone unit discovered during the 2025 drilling program positions the sandstone unit within an extensive and previously unrecognised mineralized trend extending for at least 3,000 metres along strike and about 600 m wide. The mineralized trend is supported by outcrop and float mapping and sampling. Assay results of grab samples include 91.3 grams per tonne gold (Au), 36.1 grams per tonne Au and 3.3 g/t Au in outcrop, and 72.7 g/t Au and 40.6 g/t Au in float. Four assayed samples contained visible gold (VG). The mineralized trend aligns with the Northcott and Mark's Pond zones 1.2 kilometres (km) to the northeast, and Rich House 4.5 km farther to the northeast. Structural continuity over these distances is interpreted, but remains to be demonstrated. Previously recognized showings at Falls zone and in the Jacob's to Rose Gold corridor have been elevated to higher-ranking targets following fieldwork and reinterpretation indicating these targets to be more prospective than originally understood. Fieldwork also identified new targets in previously unexplored areas including the southwest extensions of the Rogerson Lake conglomerate (RLC), along a portion of the Valentine Lake shear zone (VLSZ), and either side of the Wood Lake mineralization. Trenching and follow-up drilling programs are being planned for the 2026 field season. Tru chief executive officer Steve Nicol commented: "Tru is diligently advancing with its stated aim of efficiently discovering the full gold and copper potential at its Golden Rose project. In the 2025 mapping and ground truthing program, a previously unknown mineralized trend of already impressive dimensions has been delineated centered upon the mineralized sandstone unit discovered during the 2025 drill program, with final dimensions of the trend yet to be determined. Trenching and subsequent drilling is now in planning for this area. The 2025 fieldwork also elevated the prospectivity of the previously recognized Falls zone and the Jacobs to Rose Gold corridor adding significantly to the previously limited understanding of these prospective targets. Furthermore, the 2025 fieldwork identified other quality targets across the project area warranting further examination as knowledge grows regarding the controls on mineralization at Golden Rose. I want to personally thank the Tru team for its tireless efforts during an arduous three-month 'on-foot' fieldwork program achieving near-total coverage over much of the large project area resulting in an invaluable database of surface information. This information has dramatically advanced the knowledge and understanding of the distribution of mineralization across much of the project area which is important in focusing and accelerating work streams into the future." The fieldwork commenced with a series of 20 mapping and sampling traverses on foot spaced one to two km apart and trending southeast to northwest (across strike) along a 30 km section of the main corridor within Golden Rose prospective for orogenic gold mineralization proximal to the VLSZ. During traversing, outcrops were located, mapped and sampled building a large database of surface information across this important corridor. Upon completion of the across strike traversing, the team undertook along strike traversing in areas identified as having elevated prospectivity. Each crew member completed over 400 km of off-trail traversing on foot across the main project corridor, with detailed data and mapping collected on some 400 outcrops. The reported rock samples are selective grab samples (from outcrop and/or float) and are not necessarily representative of mineralization on the property. The presence of visible gold in certain samples is qualitative in nature and does not indicate the grade distribution of mineralization. A total of 292 rock samples were collected during the entire traversing program across all areas. Table 1 lists the 16 samples collected within the newly identified mineralized trend that returned greater than one g/t Au. Mineralized trend discovered during 2025 drilling This detailed focused mapping and sampling along the traverses has significantly upgraded the prospectivity of the mineralized sandstone unit within the RLC discovered in drill holes GR 25-03 and GR 25-04 during the 2025 drilling campaign with mineralized quartz vein outcrop and quartz float now defining a trend that is over three km along strike and up to 600 m wide. The mineralized trend aligns with the Northcott and Mark's Pond zones about 1.2 km farther to the northeast. The outcrop and float defining this zone is mineralized with pyrite and arsenopyrite, chalcopyrite, galena, and tourmaline. VG was noted both in outcrop and in float. Assay results greater than one g/t Au from grab samples taken of the outcrop and float are provided in Table 1. The trend consists of strike parallel intermittent exposures of quartz vein outcrops and alteration associated with substantial quantities of angular quartz float with VG. The trend includes several outcrops of strongly sericite altered and quartz veined conglomerates suggesting that further potentially parallel mineralized zones are likely to be present. Veining ranges from less-than-one-centimetre veinlets to greater than one m in thickness, have a range of mineralization styles including VG with no sulphides, VG associated with pyrite and arsenopyrite mineralization, VG associated with sericite alteration within the wallrock of the veins, and polymetallic (chalcopyrite, galena, pyrite and arsenopyrite) sulphide mineralization lacking VG but returning assay grades up to 36.1 g/t Au. Alteration of the host rock ranges from strongly sericitic to strongly chloritic, with VG being observed in samples with both alteration styles. A trenching program to delineate this exciting and expanding mineralized trend is planned for 2026, with drilling to follow. A hypothesized additional extension of the trend as far to the northeast as Rich House (an additional 4.5 km) will be the subject of detailed field truthing during 2026. Other priority targets In addition to significantly increasing the footprint and elevating the importance of the mineralized sandstone unit identified in the 2025 drilling program, the detailed traversing program has also elevated the prospectivity and importance of the previously recognized but little understood showings at Rose Gold and Falls zone. At Rose Gold (900 m west-northwest of the Northcott zone), bedrock sampling in 2025 confirmed the high-grade sampling of 2015 with the latest samples returning 20.4 g/t Au and 6.3 g/t Au. Additionally, traversing and prospecting in the surrounding area discovered two greater than 50 cm quartz veins about 650 m east-northeast of the Rose Gold showing which host similar pyrite and chalcopyrite mineralization and have a similar east-west orientation as at Rose Gold. This is a geologically complex area with multiple opportunities for rheological contrast to be developed. Samples of the surrounding veins returned slightly elevated Au values, the controls on the mineralization remain unknown and a program of non-mechanized trenching is planned for 2026. In a wider context, the 2025 detailed traversing program has increased knowledge of the prospectivity of the corridor from Rose Gold at least as far as Jacob's (2.0 km to the southwest) through an area in which Tru geologists are reinterpreting the historically mapped geology. At the Falls zone, traversing and outcrop mapping resulted in the discovery of quartz veins up to 1m thick and intermittently exposed over 50 m along strike of the Falls zone approximately 200 m northeast of the original showing with elevated gold values (131 parts per billion) coincident with the contact between sediments of the Storm Brook formation and a rhyolite within the same formation. In addition, abundant mineralized quartz float between these quartz veins and the Falls zone contains greater-than-30-per-cent pyrite or arsenopyrite. These float rocks were greater than 0.5 m in diameter and only slightly rounded indicating they have not been transported far. The source is yet to be identified. The sulphide mineralized quartz boulders returned grades including 2.2 g/t Au, 1.3 g/t Au and 1.1 g/t Au. As at Rose Gold, these results indicate the potential for a significantly larger zone of mineralization at Falls zone than has been previously recognized. Mechanized trenching is planned for the area during 2026. Other areas Along the southeast side of the Victoria river valley, in an area which has little or no systematic exploration, sulphide mineralized quartz veins up to 0.3 m thick were discovered along the contact of the Peter Strides granitoid (PSG) suite and the Storm Brook formation along with very angular quartz boulders greater than 1.5 m in size indicating much larger veins in the area. This corresponds to the interpreted location of the VLSZ. Mineralized granitic float in the vicinity returned high-grade assay results including 11.35 g/t Au and 2.01 g/t Au whilst the veins returned up to 0.3 g/t Au. Further fieldwork is planned for 2026 to understand the controls and dimensions of this newly identified showing named PSG contact. The impressive grades and dimensions related to the newly identified mineralized zone within the RLC centred on the 2025 drilling are focusing renewed interest on the rest of the RLC which extends for about 11 km in a southwesterly direction parallel to the VLSZ within the Golden Rose property. The southwest part of the RLC has received little previous attention as much of the area is covered by bog and till. Programs are being designed for an intensive surface fieldwork program in 2026 aimed at identifying and gathering all surface information possible to aid in identifying areas of extension and potential repetition, of the newly identified mineralized zone to the northeast within the RLC. At Wood Lake, a revised interpretation of controls on the mineralization will be tested during 2026 in an effort to significantly extend the limits of the current known mineralization. In addition to the priority prospects, the detailed traversing program highlighted a further six to eight areas of significant interest to be further investigated. The objective of the 2026 fieldwork in these areas will be to work up and define drilling targets for subsequent field seasons. For further information see the company's news release dated Sept 10, 2025. Further information can be found in "NI 43-101 Technical Report on the Golden Rose Project, Newfoundland-Labrador, Canada," dated Oct. 11, 2023 (with an effective date of Oct. 11, 2023), prepared by D. Roy Eccles (MSc, PGeol, PGeo) of Apex Geoscience Ltd. and Stefan Kruse, (PhD, PGeo) of Terrane Geoscience Inc., available under the company's profile on SEDAR+. Quality assurance/quality control (QA/QC) During all exploration sampling and analysis works on its Golden Rose project Tru maintains a strict quality assurance program, implements a quality control program and has a sample security procedure in place. These are tailored as necessary to be appropriate to the types of samples being collected. Samples reported on in this news release comprised grab samples from a mix of outcrop or float taken by Tru geological field crews. These samples were each packed in tie-sealed plastic bags, uniquely numbered at the site of sampling and delivered to the Tru on-site camp by the Tru geological field crews. Duplicate samples were also taken and bagged for storage on site (reference samples). QA/QC samples, including blanks and certified standards, were inserted into the sample runs prior to samples being loaded into rice sacks, in accordance with Tru standard operating procedure for QA/QC sample selection and insertion. Insertion rates for blanks and certified standards were approximately 2.5 per cent (each) of all samples submitted for assay. Bagged samples for analysis were packed into tie-locked rice sacks, and transported by the Tru project geologist directly to the shipping agent in Corner Brook, who shipped the samples directly to the ALS Laboratory in Moncton, N.B. Chemical analysis of rock samples was carried out at ALS laboratories in Moncton, N.B. (17 Somers Dr., Moncton, N.B., E1H 2P3) a commercial geoscience laboratory that is ISO/IEC 17025 accredited and completely independent of TRU. Samples were analyzed using a four-acid digestion with inductively coupled plasma mass spectrometry (ICP MS) finish (25 g) for a full suite of elements plus fire assay (30 g) with atomic absorption spectrometry (AAS) finish for gold values. Samples returning assayed values in excess of 10 g/t Au were automatically reassayed using fire assay with gravimetric finish (30 g). Data verification statement Prof. G. Earls, EurGeol, PGeo, FSEG, an independent qualified person under National Instrument 43-101 -- Standards of Disclosure in Mineral Projects has independently checked and verified the data disclosed including sampling, analytical and test data underlying the information or opinions contained in this news release. Data verification included: Review of all standard operating procedures; Batch checking of analytical data to ensure no input or translation errors; Detailed review of all QA/QC results. No material flaws were detected during the data verification exercise. Qualified person disclosure Joel Cranford, PGeo, project geologist for Tru, and a qualified person under National Instrument 43-101, has prepared or supervised the preparation of the scientific and technical information contained in this news release and has approved its disclosure. About Tru Precious Metals Corp. Tru is on a mission to build long-term shareholder value through prudent natural resource property development. The company's flagship project is the Golden Rose project a regional-scale 297.50-square-kilometre land package in central western Newfoundland (includes a 33.25 square km package of claims over which Tru has a 51-per-cent interest) which straddles a 45 km strike length along the gold deposit-bearing Cape Ray-Valentine Lake shear zone, directly between Equinox Gold Corp's Valentine project and AuMEGA Metals Ltd.'s Cape Ray gold project. Tru is currently focused on efficiently discovering the full gold and copper potential at Golden Rose, targeting continuity along this proven gold-bearing trend. The Golden Rose project is currently subject to an earn-in agreement with Toronto Stock Exchange-listed Eldorado Gold Corp., whereby Eldorado has the option to finance $15.25-million in cash payments and exploration expenditures over five years to earn an 80-per-cent-interest in the Golden Rose project. Please refer to the company's July 30, 2024, press release for further details of the earn-in agreement. Tru is approximately 36 per cent owned by European strategic investor Ormonde Mining PLC (AQSE:ORM). We seek Safe Harbor.