Upside Gold Advances Diamond Drilling Program for the Kena Gold-Copper Property

Executive Summary

• Upside Gold released preliminary results from its initial diamond drilling program on the Kena Gold‑Copper Property, intersecting wide zones of gold mineralization consistent with historic resource grades.
• The first phase comprised three drill holes totaling 1,002 m, highlighting a notable intercept of 178 m starting at 15 m depth grading 0.36 g/t Au, 1.8 g/t Ag and 534 ppm Cu.
• Drilling was paused in November due to snow and is slated to resume in June to further test northeast extensions and additional targets beyond the historic resource boundaries.

Key Details

• Program Scope: 3 diamond drill holes, 1,002 m total depth, targeting the northeastern margin of the Kena lode gold zone.
• Significant Intercept: 178 m from 15 m depth – 0.36 g/t Au, 1.8 g/t Ag, 534 ppm Cu.
• Other Intersections: Near‑surface zones of significant gold with elevated copper and silver values; lateral expansion observed (exact grades listed in release table).
• True Widths: Not yet determined for reported intersections.
• QA/QC: Core samples shipped by bonded carrier to ALS Canada Ltd.; blind standards, blanks, duplicates used; analyses performed via ICP‑AES on four‑acid digests.
• Qualified Person Review: Trevor Boyd, P.Geo., VP Exploration, signed off under NI 43‑101.
• Future Plans: Resume drilling in June 2026; continue testing northeast targets and priority zones to the southwest down‑dip and southeast along strike, extending beyond historic resource limits.
• Historical Context: Kena historic resource – Indicated: 32.1 M t @ 0.544 g/t Au (0.561 Moz); Inferred: 177.5 M t @ 0.486 g/t Au (2.77 Moz). Upside Gold notes additional drilling required to upgrade these estimates.

Notable Quotes

• “The initial drilling demonstrates the width and continuity of gold mineralization along the northeastern margin, with grades comparable to the Kena Historic Resource.” – Sophy Cesar, CEO & Director, Upside Gold Corp.