BIG BEAR GOLD CORP EXPANDS ITS WILL PROJECT WITH THE ACQUISITION OF TWO STRATEGIC CLAIM BLOCKS

Big Bear Gold Corp. (TSXV: BEAR) announced on July 30, 2026, the acquisition of two mineral claims, the MARYMAC SE and WILL Claim, from prospector Robert Lus. The transaction adds 183.58 hectares to the WILL Gold Project, bringing the company’s total land position to 1,326.05 hectares. The purchase consideration is $6,000.00, subject to TSX Venture Exchange approval.

The MARYMAC SE claim sits approximately 500 meters southeast of the historically developed Mary Mac South Zone, hosted in brecciated metavolcanic rocks with historical gold, antimony, molybdenum, and copper mineralization. The WILL claim lies approximately 350 meters southwest of Traux Creek, featuring a historical mineralized shear zone with quartz veins, pyrite, and arsenopyrite.

Historical data includes a 1983 resource estimate for the adjacent Mary Mac South Zone (27,300 tonnes at 8.18 g/t Au) and a 1987 channel sample (0.35m at 5.18 g/t Au). Big Bear Gold explicitly notes these historical results have not been independently verified. Future plans involve compiling historical data and initiating field programs, including geological mapping, prospecting, geochemical sampling, structural mapping, and geophysics, to refine targets for future drilling.

This development follows an April 22, 2026 announcement where the company settled $260,000 in debt by issuing 2,476,189 shares at $0.105 per share, including a related-party transaction for $245,000.

Big Bear Gold Corp. (BEAR) acquired land for $6,000, a transaction financially immaterial to the company's balance sheet and operational capacity. Land consolidation is a standard activity for early-stage exploration companies aiming to secure ground in prospective camps. This news is incremental and aligns with typical pre-feasibility land assembly strategies, providing no new verified resource estimates, production timelines, or revenue catalysts. Given the company's severe liquidity constraints and negative equity, the market is unlikely to price this as a material positive, with focus remaining on the company's ability to fund operations rather than marginal land additions.

Big Bear Gold Corp. (BEAR) is a junior exploration company focused on the WILL Gold Project in British Columbia. The flagship project spans 1,326.05 hectares following the latest acquisition. Historical exploration data exists but is unverified and dates back to the 1980s, including a historical resource reported in 1983 for the adjacent Mary Mac South Zone of 27,300 tonnes at 8.18 g/t Au. The company is in the early exploration and land assembly phase, with no active drilling or resource estimation disclosed in the provided materials. Management intends to conduct geological mapping, geochemical sampling, and geophysical surveys to identify targets for future drill testing.