Provenance Gold Continues to Expand Mineralized System with Multiple Broad Gold Intervals at Zone 4 within the Tyee Area

Executive Summary

• Provenance Gold released assay results from the final seven reverse‑circulation drill holes in the Tyee and Striker areas of the Eldorado West Project, confirming broad, continuous gold mineralization with multiple higher‑grade intervals.
• The data expand the known mineralized corridor westward in Zone 4 (Tyee) and identify a new mineralized zone in the previously undrilled Striker area, supporting the view that Eldorado West is an open‑ended, multi‑kilometer gold system.
• The company also announced a 12‑month marketing and investor‑awareness engagement with Emerging Markets Consulting LLC for an upfront fee of US $250,000.

Key Details

Tyee Area – Zone 4 Drill Results
- ED‑30: 0.67 g/t Au over 68.58 m (incl. 1.18 g/t Au over 9.14 m; 2.08 g/t Au over 7.62 m).
- ED‑31: 0.59 g/t Au over 117.35 m (incl. 1.50 g/t Au over 19.81 m; 1.15 g/t Au over 9.14 m).
- ED‑33: 0.55 g/t Au over 59.44 m (incl. 1.03 g/t Au over 6.10 m and 7.62 m).
- ED‑34: 0.71 g/t Au over 15.24 m (incl. 1.22 g/t Au over 6.10 m).
- ED‑35: 0.40 g/t Au over 64.01 m (incl. 0.84 g/t Au over 15.24 m; 1.27 g/t Au over 4.57 m; 0.93 g/t Au over 3.05 m; 0.25 g/t Au over 50.29 m).

Striker Area – New Mineralization
- ED‑32: 0.87 g/t Au over 4.57 m and 0.52 g/t Au over 4.57 m.
- ED‑36: 1.23 g/t Au over 3.05 m and 0.44 g/t Au over 4.57 m.

Exploration Context
- The Tyee results demonstrate a laterally continuous gold system extending southwest, confirming the corridor remains open in all directions.
- Striker holes were drilled to test an IP chargeability anomaly from a 2024 geophysical survey; results suggest a previously untested mineralized zone that will be a focus for 2026 step‑out drilling.

Additional Exploration Activities
- 2025 diamond core program (EC‑04 to EC‑09) completed 2,024 m; results pending release.
- Airborne radiometric and magnetic surveys over Eldorado East & West (941 line‑km at 50 m spacing); preliminary data support the large‑scale system model, full results forthcoming.
- Completed detailed geological mapping and surface rock‑chip sampling on both project areas to refine 2026 drill targets.

Quality Assurance / QA‑QC
- RC chips sampled at 1.5 m intervals with standards, blanks, and duplicates every ~30 m; no reference sample discrepancies reported.
- Assays performed by Paragon Geochemical (PhotonAssay™), using ~500 g charge per sample to improve representativeness.

Qualified Person
- Technical content reviewed and approved by Jo Price, P.Geo., M.Sc., technical advisor and NI 43‑101 Qualified Person.

Marketing Agreement
- Engaged Emerging Markets Consulting LLC for a 12‑month investor‑awareness campaign, effective immediately, for an upfront non‑refundable fee of US $250,000.
- Services include design, development, dissemination of corporate information, electronic media support, and broker outreach; no performance‑based equity compensation involved.

Notable Quotes

“These new holes strongly reinforce the scale and continuity of open‑pit grade mineralization in this portion of the Eldorado West mineralized system… The large and consistent mineralized intervals encountered … show that Eldorado West continues to grow significantly and remains open in all directions.” – Rauno Perttu, Chairman

All interval lengths are downhole core lengths; true widths are not yet known.