WESCAN GOLDFIELDS COMMENCES CAMP MOBILIZATION FOR 2026 DIAMOND DRILLING PROGRAM AT MUNRO LAKE PROJECT

Wescan Goldfields Inc. has initiated camp mobilization for its 2026 diamond drilling program at the Munro Lake Project in northern Saskatchewan. The company has secured a drill permit received in July 2026, authorizing Phase 1 of the program, which involves up to 2,000 metres of helicopter-supported diamond drilling.

The primary objective is to follow up on high-grade gold intercepts from the 2013 drill program, specifically within the southeast zone, by testing mineralization down-plunge and along strike. The program will also test high-grade surface grab samples collected across a prospective strike length of approximately 7 kilometres. To refine structural interpretation and drill targeting, UAV-based magnetic and LiDAR surveys have been contracted. The project is located approximately 7 kilometres northeast of SSR Mining's Seabee mine and mill complex.

Wescan Goldfields Inc. (WGF) has completed the mobilization of its drilling program, an expected operational milestone that follows the receipt of a drill permit in early July and the closing of a $2.5 million private placement in June. This development confirms that management is executing on the announced 2026 exploration plan, though it does not introduce new geological data or alter the company's fundamental risk profile.

The news serves as routine validation of capital deployment but carries no immediate price impact until assay results are released. Historical intercepts for the project have been narrow, measuring 1.00m and 1.02m in true thickness, with the latter’s true thickness remaining unknown. Consequently, even successful follow-up drilling may not immediately translate into a defined resource without extensive infill drilling.

Wescan Goldfields Inc. (WGF) is a pre-revenue junior exploration company focused on a portfolio of gold properties in Saskatchewan's La Ronge Greenstone Belt. Its flagship Munro Lake project is located 7 km northeast of SSR Mining's Seabee mine. A 2013 drill program at Munro Lake intersected high-grade intervals, including 67.1 g/t Au over 1.0m and 7.1 g/t Au over 1.02m. The current program aims to expand these narrow intercepts.

The company also holds the Jojay Gold Project, which had a 2010 resource of 420,000 tonnes at 3.7 g/t Au Indicated and 630,000 tonnes at 4.3 g/t Au Inferred, as well as Fork Lake (Jasper Mine), a past-producing mine closed in 1991. Wescan Goldfields is entirely dependent on equity financing to fund exploration, maintain claim standing, and meet listing requirements.