Nevada Sunrise Completes Soil Survey Program at the Fivemile Gold Project, Cortez Mining District, Nevada

Nevada Sunrise Metals Corporation announced the completion of an initial Ionic Leach™ soil survey program at its Fivemile Gold Project in Lander County, Nevada. The program collected 300 property-wide samples analyzed by ALS Global Laboratories to detect gold and pathfinder elements, marking the first step in determining the presence of mineralization at the site.

The Fivemile property is located within the prolific Battle Mountain-Eureka-Cortez gold trend, approximately 4 miles from Barrick/Newmont's Cortez Hills mine and 6 miles from Barrick's Fourmile deposit. The company plans to layer these results with interpreted geology and geophysical signatures. Next steps include high-resolution gravity and magnetic surveys planned for 2026 to better define gravity high and magnetic low anomalies identified from regional USGS data. No assay results, target definitions, or financial impacts were disclosed in this release.

Nevada Sunrise Metals Corporation (NEV) released a routine operational update regarding its May 26, 2026 earn-in option agreement for the Fivemile project. The company completed a soil survey, a standard preliminary exploration step that does not constitute a discovery, resource estimate, or financial milestone.

The announcement aligns with the previously announced exploration plan and expenditure requirements, which call for $1 million USD to be spent by May 2028 to earn a 51% interest. This follows a dilutive private placement closed on July 7, 2026, which raised $1.04 million CAD to adequately fund near-term exploration and option payments. The release confirms execution of the exploration plan but provides no near-term catalysts, valuation uplift, or risk reduction, as the company remains in the greenfields exploration phase with zero defined resources.

Nevada Sunrise Metals Corporation (NEV) is a Nevada-focused exploration company targeting gold and energy metals. The company holds a right to purchase a 100% interest in the Griffon Gold Mine Project, a past-producing mine that yielded 62,661 oz of oxide gold between 1998 and 1999. Current activities at Griffon include AI-driven target generation using VRIFY Technology, soil and geochemical surveys, and geophysical mapping, while permitting with the USFS remains pending.

The company also acquired the Fivemile Gold Project, a new greenfields asset located in the Cortez trend near major Barrick and Newmont operations. Nevada Sunrise Metals has an option to earn up to an 79% interest over four years. An initial soil survey has been completed, with next steps involving geophysical surveys and potential drilling.

In the lithium sector, Nevada Sunrise Metals holds a 100% interest in the Gemini West project, retaining a 2% NSR on sold Gemini core, as well as interests in the Jackson Wash and Badlands projects. The company is led by CEO Warren Stanyer, who has over 30 years of public company experience, with technical oversight provided by Qualified Person Robert Allender Jr.