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Vancouver, British Columbia--(Newsfile Corp. - July 24, 2026) - NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) ("NovaRed" or the "Company") is pleased to report a geological interpretation of a large, regional, high-intensity magnetic anomaly underlying the Wilmac Copper-Gold Project (the "Project"). This anomaly (see Figure 1) is interpreted to represent the western (i.e. South Princeton) portion of a large, composite batholith that includes the intrusive complex documented at the Copper Mountain Camp. This proposed composite batholith is interpreted to have been structurally segmented and vertically displaced across two regional-scale fault systems: the Boundary Fault and the Whipsaw Fault.

"The magnetic anomaly underlying the Wilmac Project is not a stand-alone feature," said Brian Goss, Chief Executive Officer of NovaRed Mining Inc. "It is interpreted to be the western segment of a much larger batholith that has been pulled apart and vertically displaced by two regional faults. The Copper Mountain Camp, actively producing copper and gold today, sits on the upthrown eastern block east of the Boundary Fault. The Wilmac anomaly sits on the downthrown western block — deeper, largely unexposed, and largely undrilled. The Whipsaw Fault represents an additional structural discontinuity that further segments the system to the west. What this means for exploration is significant: we may be looking at a single, laterally extensive magmatic system expressed in multiple fault blocks, each with independent potential to host porphyry copper-gold mineralization."

Geological Interpretation

High-resolution airborne and ground magnetic surveys, together with the Volterra 3DIP/AMT geophysical dataset acquired from the previous optionee (see News Release dated April 15, 2026), have enabled the development of a coherent regional geological interpretation of the large, high-intensity magnetic anomaly underlying the Project.

The Copper Mountain Mine and its associated intrusive complex are spatially associated with a large, broad, high-intensity magnetic anomaly east of the Boundary Fault. Geological mapping in the Copper Mountain camp documents a multi-phase intrusive complex at surface, comprising monzonite, syenite, diorite, gabbro and pyroxenite phases that collectively constitute a composite batholith. This batholith is the interpreted source of the intense magnetic anomaly in the Copper Mountain area and is the causative intrusive complex driving porphyry copper-gold mineralization currently being mined.

A comparably large, high-intensity magnetic anomaly underlies the Wilmac Project to the west, separated from the Copper Mountain anomaly by the regionally significant Boundary Fault. The Boundary Fault is a west-side-down structure, interpreted to have displaced the western block downward relative to the Copper Mountain block. The magnetic anomaly west of the Boundary Fault, underlying the Trojan-Condor Corridor of the Wilmac Project, is interpreted to represent a segment of the same batholith — now buried to greater depth on the downthrown western side of the Boundary Fault — with comparatively small intrusive exposures documented at surface across the Project (including pyroxenite, hornblendite, gabbro and diorite) interpreted to represent only the uppermost apophyses and cupolas of the underlying intrusive complex.

The Whipsaw Fault is interpreted to represent an additional, sub-parallel structural discontinuity that further segments the batholith comprising the primary South Princeton anomaly. Gabbro and diorite intrusions mapped along Whipsaw Creek — the "Whipsaw Stocks" — are interpreted as limited surface expressions of the intrusive complex in a fault block west of the Boundary Fault and east of the Whipsaw Fault. Soil geochemistry, IP chargeability, and AMT resistivity data from the Lamont and Trojan-Condor Corridor areas (see news releases dated May 11 and May 13, 2026) are broadly consistent with this interpretation, documenting anomalous copper, fertile magma signatures (Sr/Y), and transitional magma oxidation states (V/Sc) across multiple fault blocks.

Regional Context and Significance

Segmentation of a large composite batholith by regional faults is a well-documented geological phenomenon. In the Copper Mountain Camp, the intrusive complex is exposed at surface on the eastern, upthrown block. To the west, across the Boundary Fault, the equivalent intrusive complex is interpreted to be preserved at depth, shielded from erosion by its downthrown structural position and, in the eastern portion of the Project, partially covered by the Eocene Princeton Group cover sequence. This configuration is interpreted to have preserved deeper, potentially mineralized portions of the hydrothermal system that are believed to have been removed by erosion in the Copper Mountain block.

The existence of three structurally controlled segments of the batholith — the Copper Mountain block (east of the Boundary Fault), the Whipsaw block (west of the Boundary Fault and east of the Whipsaw Fault), and the Lamont block (west of the Whipsaw Fault) — implies that each segment may represent a spatially distinct target for porphyry copper-gold mineralization, with exploration potential interpreted to be largely independent across segments.

Figure 1 – Total Magnetic Intensity (TMI) map for the Wilmac Cu-Au Project and surrounding area. The area outlined in red is a previous operator's property boundary, within which the high-resolution airborne survey was flown. The results have been plotted with respect to regional TMI results available in the public domain. Note the segmented appearance of the intense magnetic anomaly evident to the southeast (the South Princeton and Copper Mountain Complex anomalies).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9977/306501_898ab697b47db82b_002full.jpg

Next Steps

Building on this regional interpretation, the Company is advancing its 2026 field program, comprising four IP/AMT geophysical surveys across the North Lamont, West Lamont, Wilmac, and Plume grids, an expanded soil sampling campaign, and an initial drill program subject to receipt of an approved drill permit (see News Release dated June 17, 2026). The 2026 program is designed to systematically test the geophysical and geochemical response of the Lamont block, with the objective of defining drill targets that test the interpreted buried intrusive complex at depth.

Wilmac Copper-Gold Project Overview

The Wilmac Copper-Gold Project comprises 16,078 hectares of mineral tenures located within the Quesnel porphyry belt in the Similkameen Mining Division of British Columbia, southwest of Princeton. The Project is situated in a well-documented copper-gold porphyry belt and is interpreted to host potential for identification of one or more copper-gold alkalic porphyry occurrences similar in age and deposit type to those hosting the nearby Copper Mountain Mine, which currently hosts Proven and Probable Mineral Reserves of 345 million tonnes grading 0.26% copper and 0.12 g/t gold (Hudbay Minerals Inc., "Hudbay Provides Annual Reserve and Resource Update with Mine Life Extensions and Improved Three-Year Production Outlook," news release dated March 27, 2026; mineral reserves estimated in accordance with CIM Definition Standards incorporated by reference in NI 43-101).

The Project is separated from the Copper Mountain camp by the regionally significant Boundary Fault. Saleken (2013) interpreted the geological setting west of the fault to be analogous to that of the Copper Mountain Intrusive Complex, but at a shallower level of erosional exposure, with numerous small, high-level diorite, gabbro and pyroxenite intrusions interpreted to represent the uppermost portions of an underlying intrusive complex.

Located immediately west of Highway 3, the Project is road-accessible within a well-established mining district with existing infrastructure and support services.

References

Saleken, L. (2013). Compilation Report on the Tulameen Project Property, Whipsaw Target Area, Assessment Report 33,626A, filed January 31, 2013, 149 p.

Qualified Person

The scientific and technical information in this news release, including the geological interpretations described herein, has been reviewed and approved by Rick Walker, P.Geo., a Qualified Person as defined by National Instrument 43-101 ("NI 43-101"). Mr. Walker is not independent of the Company within the meaning of NI 43-101.

About NovaRed Mining Inc.

NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) is a mineral exploration company focused on the identification, acquisition, exploration and development of copper-gold porphyry projects in British Columbia, leveraging an artificial intelligence-enhanced geospatial technology platform that it developed to identify and evaluate prospective mineral properties. The Company's optioned Wilmac copper-gold project comprises 16,078 hectares located within the Quesnel porphyry belt in the Similkameen Mining Division, southwest of Princeton and approximately 10 kilometres west of Hudbay Minerals Inc.'s producing Copper Mountain Mine. For more information, visit novaredmining.com.

Readers are cautioned that the discussion of mineralization on adjacent or similar properties, including the Copper Mountain Mine, is not necessarily indicative of the mineralization or potential of the Wilmac copper-gold project. The Company has no interest in, or right to acquire any interest in, any such adjacent properties.

ON BEHALF OF NOVARED MINING INC.
Brian Goss
Chief Executive Officer
E: [email protected]

FORWARD-LOOKING INFORMATION

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the geological interpretation of the magnetic anomaly as representing the western portion of a large, composite batholith that includes the intrusive complex documented at the Copper Mountain Camp; the interpretation that the magnetic anomaly may indicate that there are three structurally controlled segments of the batholith that represent a spatially distinct target for porphyry copper-gold mineralization; the planned exploration program that the Company intends to undertake in 2026, subject to financing; and that the Company will be able to exercise its options respecting the claims comprising the Wilmac Project.

Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at the date of this news release, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such assumptions include, without limitation, the availability of adequate funding in order to exercise the option agreements respecting the Wilmac Copper-Gold Project and complete the proposed exploration programs; receipt of all necessary permits and authorizations for planned exploration; the availability of qualified personnel and geophysical contractors; favourable weather and field conditions; access to the Project area; the accuracy of current geological interpretations; and the continued cooperation of the optionor under the terms of the option agreement.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. Important risk factors include, but are not limited to: the continued availability of capital and financing; the ability to satisfy option earn-in requirements on the timelines contemplated; adverse weather or terrain conditions that may delay or prevent fieldwork; risks inherent in mineral exploration activities; tenure grant, renewal and permitting outcomes, including under British Columbia's revised mineral tenure system; Indigenous and community consultation requirements; changes in applicable laws and regulations; the ability to retain key personnel and contractors; litigation; failure of counterparties to perform their contractual obligations; and general economic, market or business conditions. Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, except as required by applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306501

Source: NovaRed Mining Inc.

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Target (TGT - Free Report) ended the recent trading session at $134.46, demonstrating a -2.51% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 1.21%. Meanwhile, the Dow lost 0.97%, and the Nasdaq, a tech-heavy index, lost 2.15%.

Shares of the retailer have depreciated by 2.32% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 2.27%, and the S&P 500's gain of 0.42%.

Analysts and investors alike will be keeping a close eye on the performance of Target in its upcoming earnings disclosure. The company's earnings report is set to go public on August 19, 2026. In that report, analysts expect Target to post earnings of $2.21 per share. This would mark year-over-year growth of 7.8%. Alongside, our most recent consensus estimate is anticipating revenue of $26 billion, indicating a 3.15% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $8.35 per share and revenue of $108.83 billion, which would represent changes of +10.3% and +3.87%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Target. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, Target holds a Zacks Rank of #2 (Buy).

In terms of valuation, Target is currently trading at a Forward P/E ratio of 16.51. This expresses a discount compared to the average Forward P/E of 30.07 of its industry.

It's also important to note that TGT currently trades at a PEG ratio of 2.69. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Retail - Discount Stores industry was having an average PEG ratio of 2.68.

The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 22, finds itself in the top 9% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

ToplineGlobal oil prices soared above $98 per barrel on Thursday as Iran-backed Houthi militants targeted Saudi Arabian tankers in the Red Sea, marking the latest escalation in the U.S.-Iran war as Secretary of State Marco Rubio said Tehran is not ready to make a deal.

Iran-backed Houthi rebels in Yemen claimed they attacked two Saudi tankers attempting to cross through the Bab-el-Mandeb strait.

Xinhua News Agency via Getty Images

Key FactsThe global benchmark Brent Crude futures index soared to $98.45 per barrel on Thursday, up from around $90 at the start of the week.

Oil prices are now approaching the highest level they have been in over two months, as the renewed conflict has sharply reversed a decline that was triggered by the interim peace deal last month.

The U.S. benchmark West Texas Intermediate also soared to touch $90 per barrel for the first time in over a month.

The latest spike follows a drone and missile attack on two Saudi oil tankers attempting to cross the Bab Al-Mandeb strait—a key choke point that connects the Red Sea to the Indian Ocean.

The government-run Saudi Press Agency acknowledged the attack on one of the tankers, Encelia, noting that it resulted in a “fire at the bow of the vessel” but all crew members were safe.

What About U.S. Gas PricesThe national average gas price in the U.S. rose to $4.09 per gallon on Thursday, according to AAA’s tracker—up from $3.94 per gallon last week. On Monday, average gas prices topped $4 per gallon for the first time in over a month. The continued rise in gas prices is likely to further frustrate President Donald Trump, who has complained about high gas prices in recent weeks, even accusing oil companies of price gouging, and has threatened to expand the war against Iran.

TangentRubio addressed the conflict on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit of foreign ministers in Manila and claimed that Iran was “begging us, both directly and indirectly” for a deal. However, the secretary of state claimed that Iran didn’t appear to be “ready to make a deal” because every time they agree to one, “people in charge either break it or they want to change it.” On the Houthi attacks, Rubio said he hoped they would stop and added: “They shouldn’t really do that. They got suckered into this by the Iranians.”

VELIZY-VILLACOUBLAY, France--(BUSINESS WIRE)-- #3DEXPERIENCE--Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced it has set a new net-zero science-based emissions reduction target for 2050, validated by the Science Based Targets initiative. The commitment builds on the successful achievement of its first SBTi targets ahead of their 2027 deadline, as the company continues on its path to meaningful climate impact. For its overall net-zero target, Dassault Systèmes commits to achieve net-zer.

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Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) has ridden the AI infrastructure wave to one of the sharpest reratings in the S&P 500 this year, with shares up 122.35% year to date.

After a pullback from June highs, the setup looks more interesting than dangerous. Our 24/7 Wall St. price target sees meaningful upside from here.

The 24/7 Wall St. Price Target for Marvell The 24/7 Wall St. price target for Marvell is $249.65, implying 24.35% upside from the current $200.76 quote. Our recommendation is buy with high confidence at 90%. Bookings acceleration, custom silicon wins, and a real Nvidia partnership give Marvell room to run.

Metric Value Current Price $200.76 24/7 Wall St. Price Target $249.65 Upside 24.35% Recommendation BUY Confidence Level 90% A Wild Ride From $84 to $329 and Back Marvell entered 2026 at $84.86, ripped to a 52-week high of $329.80 in June, then gave back 34.82% over the last month as hyperscaler capex worries hit the AI silicon complex.

In Q1 FY2027, revenue hit $2.418 billion (up 27.6% year over year) with data center contributing $1.827 billion, or 76% of total revenue.

CEO Matt Murphy said the team is seeing “exceptional AI-related bookings” and raised the outlook for both fiscal 2027 and fiscal 2028. Q2 guidance calls for $2.7 billion in revenue, roughly 35% growth. The recent selloff reflects sentiment rather than fundamentals.

Why Bulls See $340 and Beyond The bull case rests on custom silicon. KeyBanc’s John Vinh has a $400 target tied to a potential $12 billion Google “Merope” ASIC win, and UBS raised its target to $340 on the Teralynx T100 launch.

The $2 billion NVIDIA strategic investment and NVLink Fusion integration give Marvell a seat at the table for scale-up AI networks. Management sees the custom ASIC business scaling from $1.5 billion today to over $4 billion by 2028.

The bull case one-year target sits at $347.35, roughly 73% upside if bookings hold and hyperscaler capex stays firm.

What Could Go Wrong Marvell trades at a forward P/E of 47 and a trailing P/E of 65, both premium marks. Data center at 76% of revenue creates concentration risk, and hyperscalers pursuing in-house silicon remains a threat.

Insider selling of roughly $26.8 to $30.9 million over 90 days is a yellow flag, though largely tied to tax-related sales under 10b5-1 plans. The bear case one-year target is $191.31, a modest 4.71% decline.

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The GAAP earnings decline reflects the acquisition charge rather than operating deterioration; non-GAAP EPS of $0.80 beat consensus.

How Marvell Compares to Broadcom and NVIDIA Broadcom (NASDAQ:AVGO) is the direct comparable on custom AI silicon. Broadcom’s Q2 FY2026 AI semiconductor revenue reached $10.8 billion, up 143% year over year, with Q3 AI revenue guided at $16 billion.

That is roughly 6x Marvell’s total quarterly revenue, validating Marvell’s $4 billion custom ASIC target for 2028.

NVIDIA (NASDAQ:NVDA) is both an anchor customer and partner through NVLink Fusion. NVIDIA trades at a trailing P/E of 41, cheaper than Marvell despite posting 85.2% year-over-year revenue growth in Q1 FY2027.

NVIDIA’s networking revenue grew 199% year over year, and Marvell sells the optics and DSPs that feed those systems. Our $249.65 target looks reasonable on the peer set.

The Bottom Line on Marvell Buy with 90% confidence and a 24/7 Wall St. price target of $249.65. The raised FY2027 and FY2028 outlook combined with a 33% pullback has scrubbed froth.

The setup looks constructive if hyperscaler capex commentary holds through Q2 earnings, while a slip in custom ASIC design wins to competitors or tightening China restrictions would challenge the thesis. The risk-reward tilts in favor of longs.

Marvell Price Prediction 2026 to 2030 Here is where the 24/7 Wall St. price target model projects Marvell could trade, assuming the current growth trajectory and multiple hold.

Year 24/7 Wall St. Price Target 2026 $249.65 2027 $285 2028 $320 2029 $355 2030 $382.60 These projections assume Marvell continues executing on custom XPU wins and optical interconnect leadership. Significant upside or downside could result from hyperscaler capex cycles or a shift in in-house silicon strategy among the top three cloud customers.

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VANCOUVER, British Columbia, July 22, 2026 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. ("GoldHaven" or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce the successful completion of its 2026 induced polarization ("IP") geophysical survey and geological field program at its 100%-owned Three Guardsmen Project in southwestern Yukon.

The program represents another important milestone in GoldHaven's systematic exploration of an emerging porphyry copper system and was specifically designed to identify the potential intrusive source believed to have generated the magnetite-copper skarn, previously identified across the property.

Highlights

Advances GoldHaven's emerging porphyry copper target following previously reported high-grade copper samples of up to 15.85% CuCompleted approximately 3.9 kilometres of targeted induced polarization ("IP") surveying designed to identify the potential intrusive source of previously identified magnetite-copper skarn mineralization.Geological mapping identified a broad oxidized gossan zone associated with altered intrusive rocks, further supporting the Company's evolving geological interpretation.Geophysical inversion and interpretation are underway, with results to be integrated into the Company's drill targeting strategy. The program follows GoldHaven's successful 2025 exploration campaign, during which the Company identified numerous high-grade magnetite-copper skarn occurrences, including grab samples grading 15.85% copper, 12.75% copper and 12.65% copper, with 25 grab samples returning greater than 1% copper.

CEO Commentary:

"Three Guardsmen continues to strengthen our confidence that we are vectoring toward a much larger mineralized system than originally recognized," commented Rob Birmingham, President & CEO of GoldHaven. "This year's program was specifically designed to identify the intrusive source that may have generated the previously identified magnetite-copper skarn mineralization. The completion of this work, combined with encouraging geological observations in the field, provides another important dataset as we continue advancing one of our most prospective copper projects."

Figure 1. Location of the completed 2026 induced polarization survey lines relative to previously reported high-grade copper occurrences and priority exploration targets at the Three Guardsmen Project.

Figure 2. View looking south across the primary exploration valley at the Three Guardsmen Project, Yukon, where the 2026 induced polarization ("IP") survey and geological mapping program were completed.

Figure 3. GoldHaven geological team Scott Geophysics, and Capital Helicopters personnel following completion of the 2026 IP survey at the Three Guardsmen Project.

Targeting the Source of the Copper System

The program consisted of approximately 3.9 kilometres of induced polarization surveying completed over three strategically positioned survey lines designed to test the Company's interpretation of a northwest-trending mineralized corridor. The survey was planned to evaluate whether previously identified high-grade copper-bearing skarn mineralization is associated with a larger concealed intrusive system.

Concurrent geological mapping focused on identifying hydrothermal alteration, intrusive relationships and structural controls capable of vectoring toward the centre of the mineralizing system.

The 2026 field program was completed between July 6 and July 17 utilizing helicopter-supported exploration crews, with helicopter services provided by Capital Helicopters, enabling efficient access to remote target areas across the property.

During the program, the geological team documented widespread alteration within granitic host rocks and adjacent magnetite-bearing copper skarn occurrences. Visible sulphide mineralization observed in the field included pyrite, chalcopyrite, pyrrhotite and locally molybdenite, further supporting the interpreted porphyry-skarn exploration model. The presence of magnetite-rich copper skarn mineralization is considered particularly encouraging, as this style of mineralization is commonly associated with calc-alkaline porphyry systems and occurs in significant British Columbia copper districts, including the Island Copper district. While no inference is made that mineralization at Three Guardsmen is comparable in size, grade or economic significance, these geological characteristics further support the Company's exploration model targeting a concealed porphyry source.

The field team also identified a broad oxidized gossan exposure within the southeastern portion of the target valley. The gossan appears spatially associated with altered intrusive rocks and further supports the Company's interpretation of a northwest-trending mineralized corridor. Portions of this target remained inaccessible due to persistent seasonal snow cover, limiting direct examination and making the area a priority target for future exploration.

Next Steps

The completed geophysical dataset has been submitted for processing and three-dimensional inversion.

Upon completion, GoldHaven will integrate the interpreted geophysical results with geological mapping, geochemistry and structural data to identify chargeability and resistivity anomalies that may represent priority drill targets.

The Company expects the interpreted geophysical results will further refine its understanding of the Three Guardsmen mineral system and assist in prioritizing future drilling and follow-up exploration.

About the Three Guardsmen Project

The Three Guardsmen Project comprises approximately 16,234 hectares in southwestern Yukon and is prospective for copper-gold skarn and porphyry-style mineralization. Exploration completed to date has identified numerous copper-bearing skarn occurrences distributed across the property.

GoldHaven believes these mineralized occurrences may represent the distal expression of a larger mineralizing system concealed beneath the project area.

Historical Sampling QA/QC

The historical rock sample results referenced in this news release were previously disclosed in the Company's news release dated December 9th, 2025. Details regarding sampling procedures, quality assurance and quality control protocols, analytical methods, laboratory information and Qualified Person disclosure are contained in that news release.

Cautionary Statement Regarding Grab Samples

The historical grab sample results referenced in this news release are selective in nature and may not be representative of the mineralization present on the property. Readers are cautioned not to place undue reliance on grab sample results.

Qualified Person:

The scientific and technical information contained in this news release has been reviewed and approved by Raymond Wladichuk, P.Geo., a non-independent Qualified Person as defined by National Instrument 43-101 and a consultant to the Company.

About GoldHaven Resources Corp.

GoldHaven Resources Corp. is a Canadian junior exploration company focused on advancing highly prospective mineral projects in North and South America. The Company’s flagship asset is the district-scale Magno Project in the Cassiar District of northern British Columbia. GoldHaven also owns the Three Guardsmen copper-gold project in British Columbia and the Copeçal Gold Project in Mato Grosso, Brazil. In addition, the Company holds a portfolio of critical mineral projects in Brazil.

On Behalf of the Board of Directors

Rob Birmingham, Chief Executive Officer

For further information, please contact:
Rob Birmingham, CEO
www.GoldHavenresources.com
[email protected]
Office Direct: (604) 629-8254

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE- Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward Looking Information

This news release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, those listed below under the heading “Forward-Looking Statements in This News Release” are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of any future projects in a timely manner, the availability of financing on suitable terms for exploration and development of future projects and the Company's ability to comply with environmental, health and safety laws.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated, the inability of the Company to enter into definitive agreements in respect of possible Letters of Intent, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including by the Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest interim Management's Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

Forward-Looking Statements in This News Release

The following statements in this news release constitute forward-looking information:

the integration of geophysical inversion results into the Company's drill targeting strategy;the integration of interpreted geophysical results with geological mapping, geochemistry and structural data to identify priority drill targets;the expectation that the interpreted geophysical results will refine the Company's understanding of the Three Guardsmen mineral system and assist in prioritizing future drilling and follow-up exploration;the potential for mineralized occurrences at Three Guardsmen to represent the distal expression of a larger mineralizing system concealed beneath the project area; andplans to prioritize further exploration of the previously inaccessible gossan target area. Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/affd9b88-ed89-43a9-a8c8-621bf68d5ad0
https://www.globenewswire.com/NewsRoom/AttachmentNg/33b4379b-5bed-48a6-a255-54e694c77042
https://www.globenewswire.com/NewsRoom/AttachmentNg/855733e6-dbe6-4e74-94d0-90df8c9aac81

Key Takeaways TGT is expanding AI and analytics to improve merchandising, planning and retail execution across channels.TGT's digital comparable sales rose 8.9%, with same-day delivery up more than 27% in the first quarter.Target improved inventory visibility and guest satisfaction. Target Plus GMV grew nearly 60% in Q1. Target Corporation (TGT - Free Report) is advancing its digital transformation through investments in artificial intelligence (AI), advanced analytics and technology. The company is expanding the use of AI-enabled tools to support merchandising decisions, improve operational planning and enhance the shopping experience. Management views these investments as a key part of its refreshed strategy to strengthen retail execution across stores and digital channels.

AI-enabled tools are helping Target's merchandising teams make faster, more informed decisions. The company is leveraging advanced analytics to refine assortment planning, optimize merchandising execution and respond more effectively to changing consumer preferences. These capabilities are streamlining workflows and supporting the company's focus on delivering compelling assortments across its priority merchandise categories.

Technology investments are also strengthening Target's supply chain and store operations. The retailer is enhancing data connectivity across its distribution network to improve inventory visibility and product availability. During the fiscal first quarter of 2026, these efforts contributed to stronger in-stock performance despite higher-than-expected sales, while strengthening coordination across merchandising, distribution and store operations.

Target continues to expand its digital and omnichannel ecosystem, with stores serving as the foundation of its fulfillment network. In the fiscal first quarter, digitally originated comparable sales increased 8.9%, while same-day delivery grew more than 27%, driven by Target Circle 360. Digital represented 20.3% of merchandise sales, up from 19.8% a year ago and stores fulfilled 97.6% of total merchandise sales. Management also highlighted nearly 60% growth in first-quarter gross merchandise value ("GMV") at Target Plus, reflecting strong marketplace momentum and expanding revenue opportunities.

The company's technology investments are also enhancing the in-store experience. During the fiscal first quarter, several guest satisfaction metrics reached three-year highs, including wait times, product availability, store cleanliness and team interactions. As Target continues investing in AI-enabled tools, digital capabilities and operational improvements, it is building a more connected retail platform that supports efficient execution and a seamless omnichannel shopping experience.

Target’s Price Performance, Valuation & EstimatesTGT stock has gained 30.6% over the past six months compared with the industry’s 2% growth.

Image Source: Zacks Investment Research

Target’s forward 12-month price-to-earnings ratio of 16.09 reflects a lower valuation than the industry’s average of 30.81. TGT has a Value Score of A.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for TGT’s fiscal 2026 earnings implies year-over-year growth of 10.3%, while the same for fiscal 2027 indicates growth of 6.4%. Earnings estimates for fiscal 2026 and 2027 have increased by 5 cents each, respectively, over the past 60 days.

Image Source: Zacks Investment Research

Target currently carries a Zacks Rank #2 (Buy).

Other Key PicksSome other top-ranked stocks in the retail space are Dollar Tree Inc. (DLTR - Free Report) , Ross Stores Inc. (ROST - Free Report) and The TJX Companies, Inc. (TJX - Free Report) .

Dollar Tree is an operator of discount variety stores offering a broad assortment of everyday consumables and discretionary merchandise. The company currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

The Zacks Consensus Estimate for Dollar Tree’s current fiscal-year sales and earnings indicates growth of 6.5% and 21.7%, respectively, from the year-ago reported figures. DLTR delivered a trailing four-quarter earnings surprise of 32.1%, on average.

Ross Stores operates as an off-price retailer of apparel and home accessories. It presently carries a Zacks Rank #2.

The Zacks Consensus Estimate for Ross Stores’ current fiscal-year earnings and sales implies growth of 17.1% and 10.1%, respectively, from the year-ago actuals. ROST delivered a trailing four-quarter average earnings surprise of 10.2%.

TJX Companies is a leading off-price retailer of apparel and home fashions. It also has a Zacks Rank of 2 at present.

The Zacks Consensus Estimate for TJX Companies’ current fiscal-year earnings and sales implies growth of 9.3% and 5.9%, respectively, from the year-ago actuals. TJX delivered a trailing four-quarter average earnings surprise of 8.8%.

Joe DePinto will join Target's Board of Directors on Aug. 1 and serve on Infrastructure & Finance and Audit & Risk committees.
  DePinto adds expertise in operations, loyalty, fresh food and omnichannel capabilities as the company charts its next chapter of growth under CEO Michael Fiddelke. , /PRNewswire/ -- Target Corporation (NYSE: TGT) announced the election of Joe DePinto, former president and chief executive officer of 7-Eleven, Inc., to its Board of Directors. The appointment is another step Target is taking to accelerate its enterprise strategy and fuel new growth under CEO Michael Fiddelke.

"At Target, we're leading with merchandising authority, elevating the guest experience, accelerating technology and strengthening our team and communities to pave a new path of growth," said Fiddelke. "Joe has spent his career relentlessly focused on the customer, empowering teams and delivering operational excellence. His perspective and experience in retail, with a particular emphasis in food and digital commerce, will be a tremendous asset to our Board as we continue building momentum against our strategy."

DePinto brings more than three decades of leadership experience across retail and consumer products, having led the world's largest convenience retailer through significant expansion, digital innovation and evolving consumer preferences. During his tenure, 7-Eleven, Inc. accelerated investments in omnichannel capabilities, loyalty programs and fresh food offerings while growing its store footprint and strengthening its position as a leading convenience retailer.

DePinto has also held leadership roles at PepsiCo and GameStop and brings public company governance expertise from boards including Brinker International, Jo-Ann Stores and OfficeMax.

"We're continually focused on ensuring the Board brings together the expertise and perspectives that align with the company's strategic priorities," added Christine Leahy, Lead Independent Director of Target's Board of Directors. "Joe's extensive experience leading growth and omnichannel innovation across retail and consumer businesses will be a valuable addition to our Board as we help guide Target's long-term success."

About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.

SOURCE Target Corporation

Provides a state-of-the-art overview of the evidence on the critical role of bradykinin B2 receptor in the pathogenesis of bradykinin-mediated angioedemaExplains the scientific foundation for targeting the bradykinin B2 receptor as a therapeutic strategy for additional bradykinin-mediated diseases ZUG, Switzerland, July 22, 2026 (GLOBE NEWSWIRE) -- Pharvaris (Nasdaq: PHVS), a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs of those living with bradykinin-mediated diseases such as hereditary angioedema (HAE) and acquired angioedema due to C1 inhibitor deficiency (AAE-C1INH), today announced the publication of a comprehensive review article in Clinical Reviews in Allergy & Immunology providing a state-of-the-art overview of the biology of bradykinin and the bradykinin B2 receptor (B2R), and summarizing the growing body of evidence supporting B2R antagonism as a therapeutic strategy for bradykinin-mediated diseases. Drawing on decades of scientific and clinical research, the article traces the evolution of bradykinin B2 receptor antagonism from foundational discoveries in kinin biology to a clinically validated therapeutic approach.

"The long history of scientific and clinical evidence demonstrates that bradykinin B2 receptor antagonism is a validated and foundational therapeutic approach in the management of bradykinin-mediated angioedema," said Anne Lesage, Ph.D., Chief Early Development Officer of Pharvaris. "A deep understanding of kinin biology and of the roles of bradykinin and the bradykinin B2 receptor in allergic and immunological conditions, such as bronchial asthma, chronic cough, allergic rhinitis, and chronic urticaria, can inform the development of novel therapeutic interventions. Bradykinin B2 receptor antagonism may be a potential viable therapeutic strategy for various diseases; to date, there have been no observations of increased risks of long-term unfavorable effects from the antagonism of the bradykinin B2 receptor. Rooted in scientific expertise, Pharvaris is proud to contribute to the growing knowledge of the roles of bradykinin in the pathogenesis of bradykinin-mediated diseases and of the potential for the antagonism of bradykinin B2 receptor as therapeutic strategy in managing these conditions.”

Advances in understanding kinin biology have enabled the development of mechanism-based treatment approaches. By directly blocking the receptor through which bradykinin exerts its pathological effects, bradykinin B2 receptor antagonists target the main mediator of swelling regardless of the upstream mechanism driving excess bradykinin production and/or bradykinin B2 receptor activity. Clinical experience has supported the therapeutic relevance of this approach and has contributed to a deeper understanding of the role of bradykinin signaling across multiple disease states.

In addition to its established role in HAE, including HAE with normal C1 inhibitor, and AAE-C1INH, growing evidence suggests that bradykinin signaling may contribute to a broader range of immunological and inflammatory disorders, underscoring the potential importance of continued research into bradykinin B2 receptor-targeted therapies.

The full article can be found here: Therapeutic Targeting of the Bradykinin B2 Receptor in Immunological and Vascular Diseases: Insights from Kinin Biology to Clinical Outcomes

About Pharvaris 
Pharvaris is a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs in bradykinin-mediated conditions, including all types of bradykinin-mediated angioedema. Pharvaris’ aspiration is to offer therapies with injectable-like efficacy™, a well-tolerated profile, and the convenience of oral administration to prevent and treat bradykinin-mediated angioedema attacks. By delivering on this aspiration, Pharvaris aims to provide a new standard of care in bradykinin-mediated angioedema. For more information, visit https://pharvaris.com/.

Forward Looking Statements 
This press release contains certain forward-looking statements that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to our future plans, studies and trials, and any statements containing the words “believe,” “anticipate,” “expect,” “hope,” “estimate,” “may,” “could,” “should,” “would,” “will,” “intend” and similar expressions. These forward-looking statements are based on management’s current expectations, are neither promises nor guarantees, and involve known and unknown risks, uncertainties and other important factors that may cause Pharvaris’ actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements. Such risks include but are not limited to the following: uncertainty in the outcome of our interactions with regulatory authorities, including the FDA; the expected timing, progress, or success of our clinical development programs, especially for deucrictibant immediate-release capsules and deucrictibant extended-release tablets, which are in late-stage global clinical trials; our ability to replicate the efficacy and safety demonstrated in the RAPIDe-1, RAPIDe-2, RAPIDe-3, and CHAPTER-1 Phase 2 and Phase 3 studies in ongoing and future nonclinical studies and clinical trials, such as CHAPTER-3, and CREAATE; the outcome of regulatory approvals, including the outcome of our NDA for the on-demand treatment of acute attacks of HAE; risks arising from epidemic diseases, which may adversely impact our business, nonclinical studies, and clinical trials; our ability to potentially use deucrictibant for alternative purposes, for example to treat C1-INH deficiency (AAE-C1INH); the value of our ordinary shares; the timing, costs and other limitations involved in obtaining regulatory approval for our product candidates, or any other product candidate that we may develop in the future; our ability to establish commercial capabilities or enter into agreements with third parties to market, sell, and distribute our product candidates; our ability to compete in the pharmaceutical industry, including with respect to existing therapies, emerging potentially competitive therapies and with competitive generic products; our ability to market, commercialize and achieve market acceptance for our product candidates; our ability to produce sufficient amounts of drug product candidates for commercialization; our ability to raise capital when needed and on acceptable terms; regulatory developments in the United States, the European Union and other jurisdictions; our ability to protect our intellectual property and know-how and operate our business without infringing the intellectual property rights or regulatory exclusivity of others; our ability to manage negative consequences from changes in applicable laws and regulations, including tax laws (including the Biosecure Act), our ability to maintain an effective system of internal control over financial reporting; changes and uncertainty in general market conditions; disruptions at the FDA and other agencies; changes and uncertainty in general market, political and economic conditions, including as a result of inflation and geopolitical conflicts; changes in regulations and customs, tariffs and trade barriers; and the other factors described under the headings “Cautionary Statement Regarding Forward-Looking Statements” and “Item 3. Key Information—D. Risk Factors” in our Annual Report on Form 20-F and other periodic filings with the U.S. Securities and Exchange Commission. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. While Pharvaris may elect to update such forward-looking statements at some point in the future, Pharvaris disclaims any obligation to do so, even if subsequent events cause its views to change. These forward-looking statements should not be relied upon as representing Pharvaris’ views as of any date subsequent to the date of this press release. 

Contact 
Maggie Beller
Vice President, Head of Corporate and Investor Communications
[email protected]

HomeInvesting StrategyRetirement Investing

SummaryIncome investors, who apply a buy-and-hold strategy, inevitably run into the problem of divergent yield on cost vs. actual portfolio yield. If the idea is to never sell and the portfolio has appreciated, then the key issue is that each reinvestment dollar generates less and less incremental income. Target yield instrument can be used to solve this issue. In this article, I discuss two high-yielding target yield ETF that I view as defensive enough for being included in a retirement income portfolio. Lemon_tm/iStock via Getty Images

Most income investors base their allocations on certain recurrent income assumptions. For example, each dollar deployed should produce, say, at minimum 5 cents a year. The more, the better as long as the incremental dividend cent doesn't erode the principal or

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of TRIN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Target (TGT - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this retailer have returned +7.6%, compared to the Zacks S&P 500 composite's -0.6% change. During this period, the Zacks Retail - Discount Stores industry, which Target falls in, has lost 0.6%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Target is expected to post earnings of $2.21 per share, indicating a change of +7.8% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The consensus earnings estimate of $8.35 for the current fiscal year indicates a year-over-year change of +10.3%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $8.89 indicates a change of +6.4% from what Target is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Target.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of Target, the consensus sales estimate of $26 billion for the current quarter points to a year-over-year change of +3.2%. The $108.83 billion and $111.95 billion estimates for the current and next fiscal years indicate changes of +3.9% and +2.9%, respectively.

Last Reported Results and Surprise HistoryTarget reported revenues of $25.44 billion in the last reported quarter, representing a year-over-year change of +6.7%. EPS of $1.71 for the same period compares with $1.3 a year ago.

Compared to the Zacks Consensus Estimate of $24.45 billion, the reported revenues represent a surprise of +4.06%. The EPS surprise was +21.28%.

Over the last four quarters, Target surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Target is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Target. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.

The limited-time collection features trend-forward apparel, accessories and home products inspired by Rosie Assoulin's signature aesthetic, with most items under $50

, /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced Rosie Assoulin x Target, a new limited-time designer collaboration that reinforces Target's style and merchandising authority through an exclusive partnership that gives guests high-quality, designer pieces at an incredible value. Launching July 25, the collection brings the New York designer's signature silhouettes and vibrant use of color to an exclusive assortment of apparel, accessories and her first-ever multi-item collection in the home category, with most items priced under $50.

Rosie Assoulin x Target

Rosie Assoulin x Target

Rosie Assoulin x Target

Rosie Assoulin x Target

Rosie Assoulin x Target Known for her optimistic approach to dressing, Rosie Assoulin has become one of fashion's most distinctive design voices. Since launching her namesake label, the CFDA award-winning designer has built a devoted following by creating statement pieces that celebrate individuality while making high fashion feel welcoming and wearable.

"Our guests trust Target to bring them incredible style at an exceptional value, and partnerships like Rosie Assoulin x Target are a reflection of our merchandising authority of curating fresh, designer-inspired collections that guests can only find at Target," said Tara Russell, senior vice president of apparel and accessories, Target. "My favorite thing about this collection — and all of Rosie's work — is her ability to pair bold silhouettes, expressive color and an unmistakable point of view with pieces that feel effortless to wear. It captures the optimism and ease of late summer while giving guests fresh, designer-inspired style they can make their own long after the season ends."

"We're so excited to partner with Target on this special collection," said Rosie Assoulin, founder and creative director. "As a busy mom, I've been a Target customer for years, and it's been such a joy to work together to bring the spirit of summer to the shopper with approachable, effortless and convertible pieces that can be thrown on from the beach to a dinner with ease and accessibility."

Inspired by the last quiet golden moments of summer, the Rosie Assoulin x Target collection features dresses, matching sets, handbags, sandals and accessories designed to bring personality to everyday dressing. The collection also marks Assoulin's first multi-item launch in the home category with exclusive products including kitchen towels, beach towels designed to double as sarongs and a stylish tiffin box.

Guests can shop the Rosie Assoulin x Target collection beginning July 25 in select Target stores, on Target.com and in the Target app.

To celebrate the launch, Target's SoHo store in New York City will host an immersive shopping experience on July 25 where guests can experience the collection through a community art installation and complimentary giveaways while supplies last. Across the country, select Target stores will feature vibrant visual displays inspired by the collection, bringing its playful spirit to life and creating an elevated shopping experience that extends beyond the product itself.

Through exclusive partnerships with culturally relevant designers and brands, Target continues to strengthen its position as the destination for affordable style and design.

About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.

SOURCE Target Corporation

Following 2 years of detailed target development, the El Segundo area is primed for Phase 1 drilling in 2026

El Segundo is underpinned by robust Carlin-suite surface geochemistry, strong sub-surface alteration zones identified via geophysical surveys, and favourable surface alteration and structural settings recognized through mapping

The El Segundo area has seen no historical drilling and will be tested with both RC and core across 8 planned sites totaling approximately 6,000 metres

Vancouver, British Columbia, July 20, 2026 – TheNewswire - Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to provide additional details surrounding its planned Phase I drilling campaign at the El Segundo Target (“El Segundo”), one of three target areas slated for testing with reverse circulation (“RC”) and core drilling in 2026 at the Company’s Toiyabe Hills Property in Lander County, NV (“Toiyabe Hills”, or the “Property”). This target has been developed over several field seasons through the application of Westward’s systematic, multi-disciplinary approach to greenfield gold exploration, and is now primed for its initial drill test. El Segundo is located approximately 4 km south-southeast of the SSD Target (“SSD”) and 3 km south of the Campfire Target; it sits in the footwall of the district-scale north-striking Hilltop Structural Corridor, and favourable lower-plate carbonate host rocks of the Wenban Formation are exposed at surface across most of the target area. Multiple robust datasets support this year’s decision to allocate a portion of the Company’s drilling budget to further advance and define El Segundo, including the following (see Figures 1 through 3 for visual representations of the various datasets):

Surface Geochemistry: A large plume of elevated Carlin-suite elements (notably arsenic) lies over and outboard of the target area – as indicated by a gridded soil survey – coincident with anomalous gold in rock-chip samples (up to 1.6 g Au/t) and the strongest antimony on the Property in rock-chip samples (up to 589 ppm Sb). 

Geophysical Surveys: Robust geophysical datasets have been acquired through a gravity survey (2024), an airborne magnetic survey (2025), and a controlled-source audio-frequency magnetotelluric (“CSAMT”) survey (2026) – and point to gravity-interpreted alteration (decalcification) in lower-plate carbonate rocks, and strong silicification (and argillic alteration) interpreted from CSAMT data. 

Anaconda-Style Mapping: 1:5000-scale mapping has identified surface alteration (both decalcification and silicification), northeast-striking dike-filled fault corridors, and syncline-anticline pairs indicative of compression – a favourable structural setting for Carlin-style gold exploration. 

Robert Edie, Vice President of Exploration, noted: “As we’ve continued to expand our land position and associated Property-wide baseline exploration datasets, we fully anticipated that new targets would emerge along the footwall of the district-scale Hilltop Corridor, with Westward now controlling 13 km of its strike length. This setting is reminiscent of other major Nevada gold camps – notably the north area of the Carlin Trend where the Post-Gen Fault is a major control on mineralization at multiple gold mines. Phase I drilling at El Segundo will be the next step in the advancement of this target area following 2 years of data acquisition and interpretation by our team. One of the advantages of drilling in this area is that most of the drill holes will collar in lower-plate carbonate rocks, allowing for a more efficient test of regional host strata. We will also have the opportunity to drill the first-ever hole through and across the Hilltop Corridor – and we’re all very excited to get a better look at this major structural feature.”

Figure 1: El Segundo Target Plan View – Geochemistry, Interpreted Structures, Residual Gravity

Click Image To View Full Size

Drilling Plan

Eight drill pads have been permitted, and construction on the last remaining eastern pads at El Segundo is nearing completion (see Figure 2 below). This target will be tested with a combination of RC and core holes for a total of approximately 6,000 metres, the latter being used primarily to cross-cut major structural zones and obtain the best possible geology.

Drill hole depths have been designed with the goal of testing significant vertical extents of both the Wenban Formation and underlying Roberts Mountains Formation, the two most important host strata in the Cortez District. Real-time analysis of RC chips and drill core at site will determine the ultimate total depth of each hole. Both classic Carlin-style laterally-disseminated gold (along favourable sub-units of the Wenban Formation, for example), and higher-grade gold within dike margins and fault corridors are being targeted in this campaign. Drill hole azimuths and dips have also been modified as necessary to better intersect sub-surface zones of silica alteration (argillic alteration and jasperoids as interpreted by the recently-completed CSAMT survey), and potential zones of decalcification as interpreted by residual gravity anomalies.

Figure 2: El Segundo Target – Planned Drill Pads & Hole Traces (over Residual Gravity & Gold-in-Rocks)

Click Image To View Full Size

Figure 3: El Segundo Conceptual Cross-Section w/ Associated Datasets

Click Image To View Full Size

Note: Drill holes plotted on the east-west cross-section above have up to ~1 km in north-south displacement (refer to Figure 2) and are shown on the same profile for illustrative purposes.

2026 CSAMT Survey

In May of 2026, the Company contracted Zonge Geosciences, Inc. of Reno, NV to conduct a 10 line-kilometre CSAMT survey across 2 east-west lines spaced 500 metres apart. Following data acquisition, results were interpreted by Mr. Jim Wright of J.L. Wright Geophysics in Spring Creek, NV – a renowned geophysicist with over 40 years of expertise within the Carlin and Cortez Districts of northern Nevada – in coordination with Westward’s team of technical experts. The primary objective of the program was to more accurately delineate structures, lithologies, and alteration related to potential mineralization at El Segundo, in order to refine discrete drill targets within the broad alteration cell of distinctive Carlin-type geochemistry.

The survey was successful in focusing Phase I drilling by resolving zones of alteration and new structural targets. High-angle structures and lithological contacts were identified with greater accuracy, along with multiple zones of alteration (see Figures 4 and 5 below). These zones are interpreted as areas of silica alteration – potentially argillic alteration and / or jasperoid – and characterized by either high resistivity (shown in hatched red in the figures below) or extremely high resistivity (greater than 1,000 ohm-m, shown in solid red). Jasperoids and silicification have been identified in surface mapping across some of the target area, however drilling and additional ground-truthing will provide greater detail regarding the specific nature of these alteration zones. Where possible, drill holes will be positioned to more effectively test these alteration zones, along with previously-identified alteration in lower-plate carbonate rocks per the 2024 gravity survey. Of particular interest is a zone of vertically-extensive alteration – identified in the northern CSAMT line – bounded by major offsetting structures (potentially an altered carbonate horst); this target will be tested from site ES26-A (see Figure 5 below). Site locations shown in Figure 5 are plotted on the CSAMT line to which they are most proximal.

In addition to the CSAMT-mapped alteration zones, several other previously-understood features are being targeted. These include: i) structural zones / dike-filled faults; ii) gravity-interpreted alteration zones; and iii) geochemical anomalies – specifically near large surface plumes of elevated antimony and arsenic (key Carlin pathfinder elements). Drill holes are planned with easterly or westerly dips, with the exception of ES26-B (dipping due north) and ES26-D (dipping to the southwest). Those two holes were specifically designed to test gravity anomalies and interpreted alteration (decalcification) in lower-plate carbonate rocks. Final hole depths will be determined based on real-time feedback in the field, and depths shown in the figures herein are illustrative.

Figure 4: CSAMT Inverted Resistivity Sections w/ Interpretive Overlays (Wright, 2026)

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Figure 5: Qualitative CSAMT Sectional Interpretations (Wright, 2026), w/ Planned Drill Traces

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2026 Field Season Update

Drilling: Core drilling continues while the Company awaits delivery of a second rig (RC), expected in a matter of weeks per the latest contractor estimate. The core rig was recently relocated to El Segundo from SSD following the completion of holes T2601 and T2602, two shallower tests designed to fill in gaps in the 3D model, improve vectoring tools (association between structure type and potential mineralization in the target area), and acclimate the crew and rig before advancing to more challenging – and deeper – holes. ES2601 (collared on pad ES26-B) is currently drilling at a depth of 145 metres, targeting a gravity-interpreted zone of alteration in lower-plate carbonate rocks. It is designed to reach a final depth of 600+ metres, pending ongoing core analysis. 

Trenching: All 3 trenches at SSD have now been mapped, with assays for trenches 1 and 3 pending from the lab and sample collection from trench 2 nearing completion. Significant learnings from the mapping and assays (structure attributes) will influence final hole design from certain pads at SSD. 

Mapping: 1:5000-scale Anaconda-style mapping across the Property is ongoing, with ~15 square kilometres completed to date – already qualifying as the most extensive annual campaign in the Company’s history.  

Surface Geochemistry: Collection and analysis of surface samples will continue throughout the field season, currently 476 of 744 soil samples have been collected within the three designed grids, and collection of up to 1,000 rock-chips samples (including from road / pad cuts) remains ongoing with over 100 submitted for assays to date. 

Geophysical Surveys: The last remaining geophysical survey (step-out gravity over the recent northern land acquisition) is due to be completed this month. 

Digital Marketing Services Agreements

The Company has engaged Emerging Markets Consulting, LLC ("EMC") to provide investor relations services (the "Services") for a period of 90 days, and Westward has paid EMC a fee of US$150,000 for this engagement period. The Services include increasing awareness of the Company's activities through EMC’s social media channels and facilitating outreach and engagement with the financial community, current shareholders, prospective investors and other key stakeholders. The material disseminated will be generated using publicly-available information. EMC and its affiliates currently hold no shares in Westward Gold Inc. EMC may, however, purchase or sell Company securities in the open market or through other means based on market conditions and other factors. EMC is at arm's length to Westward, has no other relationship with the Company and neither EMC nor its principal, James Painter, has any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as disclosed herein. EMC is located at 390 North Orange Ave. Suite 2300, Orlando, FL 32801 and can be contacted at (407) 340-0226 or at [email protected].

Additionally, the Company has engaged Hillside Consulting and Media Inc. (“Hillside”), a British-Columbia-based firm, to assist in ongoing marketing and investor relations efforts, for a period of one week. Westward has paid Hillside a fee of C$45,000 plus applicable taxes for this engagement period. Hillside will provide digital marketing services, including SEO (search engine optimization), e-mail and social media outreach, and content creation including video, in order to increase corporate awareness.  The media disseminated will be generated using publicly-available information. Hillside and its affiliates currently hold no shares in Westward Gold Inc. Hillside may, however, purchase or sell Company securities in the open market or through other means based on market conditions and other factors. Hillside is at arm's length to Westward, has no other relationship with the Company and neither Hillside nor its CEO, Stephen Giberson, has any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as disclosed herein. Hillside is located at 474 Main St., Penticton, BC V2A 5C5 and can be contacted at (250) 485-3615 or at [email protected].

Qualified Person

The technical information contained in this news release was reviewed and approved by Robert Edie, Vice President Exploration of the Company, who is a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Edie is a Certified Professional Geologist (CPG) through the American Institute of Professional Geologists (AIPG).

About Westward Gold

Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills Project located in the Cortez Trend area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities.

For further information contact:

Andrew Nelson
Chief Financial Officer
Westward Gold Inc.
+1 (604) 828-7027

[email protected]

www.westwardgold.com

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.

This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes, or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "believe", "anticipate", "intend", "estimate”, “potential”, “on track”, “forecast", "budget", “target”, “outlook”, “continue”, “plan” or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved or the negative connotation of such terms.

Such statements include, but may not be limited to, information as to strategy, plans or future financial or operating performance, such as the Company’s expansion plans, project timelines, expected drilling targets, and other statements that express management’s expectations or estimates of future plans and performance.

Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company’s properties; the effect of changes in commodity prices; regulatory risks that development of the Company’s material properties will not be acceptable for social, environmental or other reasons, availability of equipment (including drills) and personnel to carry out work programs, that each stage of work will be completed within expected time frames, that current geological models and interpretations prove correct, the results of ongoing work programs may lead to a change of exploration priorities, and the efforts and abilities of the senior management team. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements or information. These and other factors may cause the Company to change its exploration and work programs, not proceed with work programs, or change the timing or order of planned work programs. Additional risk factors and details with respect to risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company’s latest management discussion and analysis under “Risks and Uncertainties”, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company’s forward-looking statements and information are based on the assumptions, beliefs, expectations, and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.

It is the job of Wall Street analysts to rate stocks and set price targets for them -- figures that convey the direction they believe those stocks will take over the next year or so. While these are just predictions based on earnings forecasts, many investors put faith in these price targets when considering which stocks to buy. However, in my view, one recent analyst call on a widely followed chipmaker may have been a bit overzealous.

On Tuesday, KeyBanc raised its price target on AMD (AMD 1.34%) to $725 per share. That's after a huge 140% rally this year that has lifted the stock to around $510.

Image source: The Motley Fool.

AMD's stock has gotten ahead of its business Since the AI arms race began, AMD has been behind. It's starting to catch up in some respects, but it still commands only a small fraction of the AI accelerator market, which its rival Nvidia dominates. Furthermore, AMD's business fundamentals don't jibe with its current stock price.

Right now, AMD trades for an expensive 73 times expected forward earnings.

AMD PE Ratio (Forward) data by YCharts

By comparison, Nvidia trades at a forward P/E of 23.6. That means that after this year's growth is priced in, AMD would have to triple its earnings just to be valued at the same level as Nvidia.

That premise is a bit far-fetched, and there are a few reasons why.

One assertion you'll hear AMD bulls make is that its profit margin could catch up to Nvidia's, but I don't think that's possible. Over the past 26 years, AMD has never achieved a profit margin above 27%. Nvidia's is more than 60% right now.

The difference stems from a few things. First, Nvidia's products are best in class, which gives it the ability to charge premium prices for them. Second, AMD's product focus is much wider, so it requires more resources to produce them. That will ultimately cap AMD's potential profit margin, and even if it rises to 30%, that still wouldn't be enough to make the stock reasonably valued at today's prices.

Today's Change

(

-1.34

%) $

-6.73

Current Price

$

494.21

Next year, Wall Street analysts expect AMD's revenue to grow by 56% to $77.2 billion. Assuming that AMD could boost its profit margin to a record-setting 30%, it would generate $23.2 billion in net income. AMD's current market cap is $835 billion, so under that highly optimistic hypothetical, the stock would be trading today at 36 times next year's earnings. For comparison, you can buy Nvidia's stock right now for 32 times trailing earnings.

In that light, I don't think the $725 price target is a great projection. I expect one of two things will happen with AMD's stock. It could sell off to a more reasonable valuation. Or, its valuation may stay elevated, but if it does, Nvidia's valuation will rise to a similar level because it's growing faster and has stronger execution, in which case, Nvidia will again outperform AMD.

Regardless of what happens, I think Nvidia is the far better investment, and AMD shareholders should beware of hubris in the stock.

Target is recalling more than 200,000 children’s sandals over the potential risk of “serious injury or death” from a choking hazard.

About 211,000 Cat & Jack Toddler Girls’ Sequerah Sandals are affected by the recall, the US Consumer Product Safety Commission (CPSC) announced Thursday.

The choking hazard concern is due to the possibility of decorative pearls falling off the shoes.

“The sandals’ decorative pearls can fall off, posing a risk of serious injury or death from a choking hazard,” the CPSC said.

The sandals are tan and have two raffia straps with gold buckles and plastic pearls. The brand name is printed on the soles and bottoms of the shoes.

The shoes were sold in sizes 5T through 12T.

The sandals were sold at Target stores across the country and online at the retailer’s website from January 2026 through May 2026 for about $20.

Target has received 23 reports of pearls falling off the shoes.

Target is recalling more than 200,000 children’s sandals over the potential risk of “serious injury or death” from a choking hazard. Christopher Sadowski for NY Post About 211,000 Cat & Jack Toddler Girls’ Sequerah sandals are affected by the recall. Target No injuries have been reported so far with the recall.

Consumers are urged to stop using the recalled sandals immediately, keep them away from children and contact Target for a full refund.

The Simply Target 15 Distribution ETF (XV) offers a unique 15% target distribution yield via barrier put option writing, appealing to income-focused investors. XV's strategy seeks to provide stable premium income with some downside protection, but lacks equity upside and carries significant risk in severe market downturns. Current market conditions, especially stretched equity valuations and AI-driven optimism, heighten the risk of a significant drawdown impacting XV's performance.

Osteoarthritic Pain Model Results Further Validate FABP5 as a Novel Therapeutic Target in Pain Management July 16, 2026 08:48 ET  | Source: Artelo Biosciences

SOLANA BEACH, Calif., July 16, 2026 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (Nasdaq: ARTL) (“Artelo” or the “Company”), a clinical-stage pharmaceutical company focused on modulating lipid-signalling pathways to develop treatments for people living with cancer, pain, dermatologic, or neurological conditions, today announced new data supporting the therapeutic potential of ART26.12, its proprietary and selective fatty acid binding protein 5 (FABP5) inhibitor, as a novel product candidate for the treatment of osteoarthritis (OA) pain. Martin Kaczocha, Ph.D., Professor of Anesthesiology at Stony Brook University, New York, presented the research results at the International Cannabinoid Research Society 2026 Annual Symposium recently held in Dijon, France.

In the nonclinical OA study, oral administration of ART26.12 significantly reduced osteoarthritis-associated pain behaviors following both acute and chronic dosing over a 4-week period, demonstrating efficacy comparable to naproxen, a widely prescribed nonsteroidal anti-inflammatory drug (NSAID) used to treat OA. ART26.12 produced distinct changes in endocannabinoids and other related bioactive lipids and proteins compared to naproxen, supporting a novel mechanism of action for ART26.12. Importantly, animals treated with ART26.12 exhibited significantly less stomach tissue damage, including non-glandular hyperkeratosis, compared to those receiving naproxen. Non-glandular hyperkeratosis is considered an early indicator of erosions and gastric ulcers, a well-recognized and potentially serious complication associated with chronic NSAID use. These findings suggest ART26.12 may offer effective pain relief with the potential for an improved gastrointestinal safety profile.

Professor Kaczocha commented, “Osteoarthritis affects more than 30 million Americans and a novel drug such as ART26.12 could provide a new option for patients to achieve pain relief with potentially fewer side-effects compared to existing NSAIDs.”

Long-term treatment options for OA remain constrained by the safety concerns associated with chronic NSAID use, including gastrointestinal complications that contribute to significant morbidity and healthcare costs each year. These limitations highlight the need for differentiated therapies, and new preclinical findings further validate FABP5 as a promising target for the treatment of chronic pain while reinforcing the broad therapeutic potential of ART26.12. The data demonstrated that inhibition of FABP5 significantly alleviated osteoarthritis-associated pain, expanding the potential clinical utility of ART26.12 beyond neuropathic pain into one of the largest and most prevalent chronic pain markets. Importantly, ART26.12 delivered pain relief comparable to naproxen while exhibiting significantly less gastric tissue damage in preclinical studies, supporting the potential for an improved gastrointestinal safety profile. Collectively, these findings further support the continued development of ART26.12 as a differentiated, non-opioid pain therapy with the potential to address multiple chronic pain indications through its novel mechanism of action.

“Chronic pain remains one of the largest areas of unmet medical need, with patients continuing to rely on therapies that often provide inadequate relief or carry significant safety concerns,” said Andy Yates, PhD, Chief Scientific Officer of Artelo. “The growing body of evidence supporting ART26.12 across multiple pain models, along with a low toxicological non-clinical risk and a well-tolerated clinical profile, reinforces our belief that selective FABP5 inhibition may represent a differentiated approach to treating chronic pain and inflammatory disorders. These findings continue to strengthen the scientific rationale for ART26.12 as a potential first-in-class analgesic candidate with utility across multiple disease settings.”

Preparations are underway for conducting a clinical multiple ascending repeat dose study to further evaluate the safety, tolerability, and pharmacokinetics of ART26.12 in healthy volunteers. Artelo anticipates enrollment will commence during the fourth quarter of this year.

About ART26.12
ART26.12, Artelo’s lead Fatty Acid Binding Protein 5 (FABP5) inhibitor, is under development as a novel, peripherally acting, non-opioid, non-steroidal analgesic, initially for the treatment of chemotherapy-induced peripheral neuropathy (CIPN). Human studies with ART26.12 have demonstrated a favorable safety profile with no serious adverse events, as well as predictable, linear pharmacokinetics and dosing flexibility in both fed and fasted states. Fatty Acid Binding Proteins (FABPs) are a family of intracellular proteins that chaperone lipids important to normal cellular function. In addition to ART26.12, Artelo’s extensive library of small molecule inhibitors of FABPs has shown therapeutic promise for the treatment of certain cancers, neuropathic and nociceptive pain, psoriasis, and anxiety disorders.

About Artelo Biosciences
Artelo Biosciences, Inc. is a clinical-stage pharmaceutical company dedicated to the development and commercialization of proprietary therapeutics that modulate lipid-signaling pathways, with a diversified pipeline addressing significant unmet needs in anorexia, cancer, anxiety, dermatologic conditions, pain, and inflammation. Led by an experienced executive team collaborating with world-class researchers and technology partners, Artelo applies rigorous scientific, regulatory, and commercial practices to maximize stakeholder value. More information is available at www.artelobio.com and X: @ArteloBio.

Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company’s product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statements that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company’s filings with the Securities and Exchange Commission, including our ability to raise additional capital in the future. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws.

Investor Relations Contact:
Crescendo Communications, LLC
Tel: 212-671-1020
Email: [email protected]

Thunder Bay, Ontario--(Newsfile Corp. - July 16, 2026) - Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is pleased to announce exploration diamond drill results from the UV Target, at the Company's flagship Tower Mountain Property, 40 kilometres west of Thunder Bay, Ontario.

Six (6) holes totaling 2,937 metres targeted the down-dip projection of the main mineralized trend observed in historical diamond drill holes completed from 2002 to 2005. Three (3) holes, TM26-198, 199 and 200 targeted the projected trend 100 to 150 metres below the current bottom of the optimized pit constraining the Company's 2026 Mineral Resource Estimate (the "MRE"). The remaining holes targeted gaps in the MRE where there was insufficient drill data to estimate gold grades.

Key results from the program include:

TM26-204: 142.0 metres averaging 0.668 g/t Au, including 45.0 metres averaging 1.793 g/t Au and 1.5 metres averaging 44.100 g/t Au, within and immediately adjacent to the 2026 MRE optimized pit limit.TM26-200: 238.5 metres averaging 0.259 g/t Au from 361.5 metres to 600.0 metres, consistent with historical results in TM11-63, TM04-13 and TM04-12. TM26-198: 39.0 metres averaging 0.320 g/t Au within 100 metres of surface, in a new mineralized zone immediately adjacent to the current optimized pit limit. TM26-203: 13.5 metres averaging 0.612 g/t Au from 3.0 to 16.5 metres depth in previously un-estimated rock. Full assay results, including hole locations, orientations and section references, are provided in Tables 1 and 2 below.

Drilling has confirmed that the main mineralized trend at UV continues at depth and remains open, with grades and widths consistent with historical drilling and the 2026 MRE. Importantly, multiple new zones of mineralization above the 2026 MRE cut-off grade of 0.19 g/t Au were intersected in areas previously modeled as waste, providing potential to reduce the current 1.8:1 waste-to-ore strip ratio defined within the optimized pit.

Wes Hanson, President and CEO states, "These results materially advance our understanding of the UV Target and reinforce the continuity of gold mineralization below and adjacent to the current pit shell. The step-out holes confirm that the low-grade core at UV continues at depth and remains open, while the shallow holes have identified new zones of near-surface mineralization in areas previously modeled as waste. Together, this work supports our objective of growing and upgrading the Tower Mountain resource, improving the strip ratio and enhancing the overall economics of a potential open-pit operation."

"We are now completing exploration drilling at the Bench Target along the eastern margin of the optimized pit, which will conclude the current phase of drilling focused on un-estimated areas within the 2026 MRE pit shell. We plan to commence resource definition drilling on August 1, targeting conversion of Inferred Resources to Indicated, with completion expected by September 30 and results anticipated by mid-October in advance of an updated MRE, subject to any delays related to extreme forest fire conditions in northwestern Ontario."

Table 1.0 - UV Target Drill Hole Location and Alignment

Hole IDEASTNORTHELEVATIONBEARINGDIPDEPTHTM26-198300011537812039340-50747TM26-199300100537804340840-50600TM26-200300240537794042040-50600TM26-202300504537797842040-50300TM26-203300460537823740340-50288TM26-204300616537811345040-50402Table 2.0 - Summary of Significant Results - UV Target

SectionHole IDCut-off 
GradeFromToIntervalGradeTrue 
WidthGrade x Thickness

(Au g/t)(m)(m)(m)(Au g/t)(m)( Au gram metres)A - A'TM26-1980.2092.0131.039.00.32025.712.5(Figure 2)and0.20138.5143.04.51.4023.06.3
and0.20174.5183.59.00.2225.92.0
and0.20438.0445.57.50.2965.02.2
and0.20471.0477.06.00.3794.02.3
and0.20612.0633.021.00.35013.97.4

B - B'TM26-1990.2067.584.016.50.24610.94.1(Figure 3)and0.20282.0295.513.50.3638.94.9
and0.10390.0598.5208.50.220137.646.4
includes0.20390.0421.531.50.38920.812.3
includes0.20457.5483.025.50.24316.86.2
includes0.20499.5516.016.50.25210.94.2
includes0.20526.5552.025.50.30216.87.7
includes0.20579.0598.519.50.21012.94.1

0.0C-C'TM26-2000.206.040.534.50.282Unknown9.7(Figure 4)and0.20219.0240.021.00.561Unknown11.8
and0.10361.5600.0238.50.259157.461.8
includes0.20387.0400.513.50.1968.92.6
and0.20456.0600.0144.00.35095.050.4
includes0.30478.5552.073.50.49548.536.4
includes0.50505.5537.031.50.68020.821.4
TM26-2030.203.016.513.50.6128.98.3

0.0D -D'TM26-2020.2067.581.013.50.270Unknown3.6(Figure 5)and0.20262.0300.038.00.207Unknown7.9
TM26-2040.2087.5108.521.00.21613.94.5
and0.20141.5156.515.00.3079.94.6
and0.10190.0332.0142.00.66893.794.9
includes0.20276.5321.545.01.79329.780.7
includes1.00291.5293.01.544.1001.066.2

Figure 1.0 - Diamond Drill Plan, UV Target, February to June 2026

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5364/305365_810560a624a59bf8_001full.jpg

Section A - A' TM26-198

TM26-198 was designed to test the downward continuation of the high-grade results reported in historical drill holes TM04-09, TM04-24 and TM21-90. The current optimized pit was unable to recover the mineralization associated with TM04-24 (88.5m @ 0.989 g/t Au) and TM21-90 (138.0 m @ 0.313 g/t Au) due to the unfavourable waste : ore strip ratio to access that mineralization. TM26-198 was drilled parallel to the southwestern edge of the optimized pit limit with two objectives:

Evaluate the down-dip continuity of the interpreted sub-vertical low-grade envelope; andEvaluate the potential for "new" mineralization external to the current optimized pit limit.

The UV low-grade mineralization was projected between 400 and 600 metres downhole. TM26-198 intersected a flat lying fault at the predicted upper contact of the low-grade trend and there is a definite increase in the number of individual samples above the targeted cutoff grade of 0.20 g/t Au. However, results are scattered and inconsistent throughout the projected target. The higher grade (1.0 to 10.0 g/t Au) feldspar porphyries, common in the upper drill holes, were absent throughout the target horizon, suggesting that TM26-198 is drilled parallel to the high-grade feldspar porphyry intrusives. From 400 metres onward, silicification ranged from strong to intense and there is a notable decrease in both carbonate-sericite alteration and pyrite, two key factors associated with the MRE gold distribution. Further drilling is necessary to evaluate the northern edge of the UV system.

TM26-198 successfully identified a new mineralized zone immediately adjacent to the current optimized pit limit intersecting 39.0 metres averaging 0.32 g/t Au within 100 metres of surface, immediately under the current optimized pit limit. Further shallow drilling is planned to expand this zone as it has the potential to increase the inferred resource.

Section B - B' TM26-199

TM26-199 was designed to test the downward continuation of the mineralization reported in historical drill holes TM04-03 (262.5 m @ 0.405 g/t Au), TM04-07 (168.0 m @ 0.237 g/t Au) and TM05-49 (243.0 m 2 0.241 g/t Au). TM26-199 was drilled parallel to the southwestern edge of the optimized pit limit with two objectives:

Evaluate the down-dip continuity of the interpreted sub-vertical low-grade envelope; andEvaluate the potential for "new" mineralization external to the current optimized pit limit.

TM26-199 intersected scattered, narrow intervals greater than 0.20 g/t Au from surface to 390 metres depth, parallel to the southwestern edge of the 2026 MRE optimized pit limit.

TM26-199 intersected the projected low-grade core of the UV Target from 390.0 to 598.5 metres, almost exactly as predicted, 100 metres below the 2026 MRE optimized pit limit. Gold grades are consistently above 0.10 g/t Au and average 0.220 g/t across the 208.5 metre interval. These results are consistent with the historical drill results from 2002 through 2005.

Section C - C' TM26-200 and TM26-203

As with holes TM26-198 and 199, TM26-200 was designed to test the downward continuation of the low-grade core UV mineralization, 100 to 150 metres below the 2026 MRE optimized pit limit while also testing areas that were not estimated due to insufficient drill hole density.

TM26-203, a shallow hole, targeted gaps in the 2026 MRE model that were the result of insufficient drill coverage.

TM26-200 intersected 34.5 metres @ 0.282 g/t Au from the bottom of casing at 6.0 metres depth to 40.5 metres depth. The mineralization lies external to the current MRE optimized pit, in an area previously un-estimated due to insufficient drill hole density. From 40.5 metres to 361.5 metres, TM26-200 intersected scattered, narrow intervals above the 0.20 g/t Au. TM26-200 intersected 238.5 metres @ 0.282 g/t Au from 361.5 metres to the end of the hole at 600 metres. The results are consistent with the historical results in holes TM11-63 (231.0 metres @ 0.468 g/t Au), TM04-13 (246.0 metres @ 0.177 g/t Au) and TM04-12 (108.0 metres @ 0.530 g/t Au).

TM26-203 intersected 13.5 metres @ 0.612 g/t Au from the bottom of casing at 3.0 metres to `16.5 metres depth. The remaining 271.5 metres intersected scattered, narrow intervals greater than 0.20 g/t Au in what was previously un-estimated rock due to insufficient data.

Section D - D' TM26-202 and TM26-204

Holes TM26-202 and TM26-204 were drilled as 50-metre step out holes surrounding TM23-143 which reported 109.0 metres averaging 0.317 g/t Au.

TM26-202 intersected 38.0 metres @ 0.207 g/t Au over the final 38 metres of the hole. The mineralization projects vertically under TM23-143 (109.0 metres @ 0.317 g/t Au) and is interpreted to represent the southwestern contact of the low-grade core of the UV Target defined in drill sections A-A', B-B' and C-C').

TM26-204 intersected 142.0 metres @ 0.668 g/t Au including 45.0 metres @ 1.793 g/t Au within and immediately adjacent to the 2026 MRE optimized pit limit. This intersection offers excellent potential to increase the overall inferred resource as the 2026 MRE estimated this area to be waste, due to lack of drill hole coverage. Shallow follow-up drill holes are planned before September to expand this newly identified trend.

Qualified Person

Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by NI 43-101.

About the Tower Mountain Gold Property

The 7,625-hectare, 100%-owned Tower Mountain Property is beside the Trans-Canada highway, 40-km west of Thunder Bay, Ontario (pop. 110,000). Gold mineralization occurs in variably brecciated and altered rocks surrounding the calc-alkalic Tower Mountain Intrusive Complex. Drilling to date has established an initial mineral resource of 500,000 ozs (Indicated) with an additional 3,000,000 ozs (Inferred), parallel to the western contact of the intrusion. The remaining 75% of the contact demonstrates similar geology, alteration, and geophysical signatures and is untested by drilling. A second gold trend, identified at surface in 2026, outcrops at surface and is continuously mineralized over a 100-metre width. The gold mineralization occurs within Timiskaming-type conglomerates that can be traced along a southwest trend for over 5.0 kilometres. Both targets offer opportunity to materially increase the total resource through systematic drilling.

About Thunder Gold Corp.

Thunder Gold is advancing the Tower Mountain project in Thunder Bay, Ont. -- an emerging gold system with the scale, consistency and quality to support a long-life, open-pit operation. Results from the disciplined drill programs have consistently reinforced confidence in the continuity and predictability of the discovery while highlighting significant potential for expansion across multiple zones of the Tower Mountain intrusive complex. With industry-leading drilling costs, existing infrastructure and a skilled local work force, Tower Mountain represents a rare combination of size, scalability and cost-effective growth.

At Thunder Gold, our vision is clear: to unlock a discovery that has the potential to become a transformational gold project, delivering long-term value for shareholders while contributing to the future of Canada's mining industry.

For more information about the Company please visit: www.thundergoldcorp.com.

On behalf of the Board of Directors,
Wes Hanson, P.Geo., President and CEO

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Offering and other statements concerning the Offering; the anticipated use of proceeds from the Offering; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company's plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305365

Source: Thunder Gold Corp.

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Target Corp (NYSE:TGT) is seeing encouraging signs that its merchandising overhaul is helping attract shoppers, prompting Jefferies to modestly raise its second-quarter forecasts ahead of the retailer's earnings.

Jefferies wrote that Target's expanded product assortment, category refreshes and exclusive partnerships are increasingly becoming meaningful traffic drivers. The firm raised its second-quarter comparable sales estimate to 1.6% from 1.5% and increased its earnings per share forecast to $2.18.

The analysts pointed to a broad merchandising reset that has included a 30% expansion of Target's wellness section, the introduction of 3,000 beauty products and 60 new brands, a refresh of 75% of home decorative accessories, new food and beverage offerings, and a back-to-school assortment that is more than 50% new.

"In our view, this represents one of the broadest assortment refreshes TGT has undertaken in years," Jefferies wrote.

The firm believes these initiatives, along with collaborations and exclusive partnerships, are helping increase store traffic. Target reported first-quarter traffic growth of 4.4%, which Jefferies described as an early indication that the refreshed assortment is resonating with shoppers.

Looking ahead, the analysts acknowledged that Target faces a tougher year-over-year comparison in the second quarter as it laps the Nintendo Switch 2 launch. However, they wrote that recent foot traffic trends, combined with continued product launches, category resets and collaborations, suggest the company's merchandising strategy remains effective.

Jefferies also highlighted data from location analytics firm Placer.ai, noting a strong historical correlation between Target's foot traffic and comparable sales. Based on those trends, the firm now expects second-quarter comparable sales growth of 1.6%, compared with its Placer-based estimate of 1.7% and Wall Street's consensus forecast of 1.9%.

The analysts added that they expect Target to continue emphasizing merchandising through the second half of the year, supported by additional collaborations, new back-to-school products and the rollout of its Beauty Studio initiative.

Jefferies continues to view Target as one of its top investment ideas for 2026 following a recent meeting with the company's management team, where executives discussed early traction from the retailer's strategic reset and merchandising-led initiatives.

Shares of Target traded up 3% at about $138 on Wednesday afternoon, having added almost 41% so far this year.

Barely a month after one of the most hyped listings in history, Space Exploration Technologies Corp. (SPCX 2.04%) has been humbled. After peaking around $225.64 in mid-June, SpaceX stock has slid to roughly $141, a drop of 37.5% that has pushed it below its $150 debut price and back toward its $135 offering level.

Yet just as retail enthusiasm faded, analysts at Deutsche Bank stepped in with a buy rating and a $255 price target -- a call that, from today's beaten-down price, implies the analysts think the story is far from over.

Image source: Getty Images.

The SpaceX stock drawdown, in context It's worth understanding why the share price fell so fast. This wasn't a business blowup. It was a sentiment unwind. SpaceX popped on its June debut, ran higher, and was swept into the Nasdaq-100, which forced a wave of passive index funds to buy. Once that mechanical demand was satisfied, the buying dried up and momentum reversed, sending the stock sliding for days back toward where it started. In other words, the price got ahead of itself on hype, and gravity did the rest.

Deutsche Bank's message, in effect, is that the pullback is noise around a durable long-term story. Its $255 target sits well above the current price, implying meaningful upside if the thesis plays out. The bank's reasoning centers on SpaceX's core advantage: launching rockets reliably, reusably, and cheaply, which it argues is the key that unlocks the wider space economy. It also pointed to Starlink evolving into a global connectivity network across consumers, businesses, and governments, and to SpaceX's potential edge in deploying computing power both on the ground and in orbit.

Deutsche Bank isn't alone in its optimism, either; other Wall Street desks launched coverage with bullish views, one going so far as to call SpaceX the "apex of civilizational ambition." The collective signal from these targets is that the smart money views the recent slide as an opportunity to own a dominant franchise at a better price, not a signal to flee.

Today's Change

(

-2.04

%) $

-2.77

Current Price

$

133.31

The other side of the target I'd take any price target with a healthy grain of salt, though. Analyst forecasts for SpaceX are all over the map, which tells you just how much guesswork is involved in valuing a company this new and this sprawling. Even at $137, the stock still trades at an enormous valuation that leaves little room for stumbles, and the business relies heavily on Starlink while its Starship program remains a work in progress. A target is an opinion, not a promise.

The gap between SpaceX's falling price and Deutsche Bank's $255 target captures the whole debate in one number: The market is nervous, but Wall Street's analysts think the long-term prize is intact. My honest read is that the sell-off looks more like hype deflating than fundamentals cracking, which could make this weakness interesting for patient investors.

Intersects Highest Grades Yet With 8.1 Feet at 18.82 oz/ton Silver in BHE26-16, Individual Samples to 27.1 oz/ton Silver, 35.7% Lead, 15.7% Zinc

Targeting Initial Cate-8 Resource Estimate by Year-End 2026

KELLOGG, Idaho and VANCOUVER, British Columbia, July 15, 2026 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX: BNKR | OTCQB: BHLL) is pleased to announce additional assay results from its ongoing underground exploration drilling program in the upper part of the Bunker Hill mine (the “Bunker Hill Mine”), including individual sample grades up to 27.3 oz/ton silver, 35.7% lead and 15.7% zinc, with combined silver-equivalent metal grades up to 32.9 oz/ton or 1,128 g/t AgEq (see below for calculations).

“As we progress towards expected commercial production by the end of 2026, we are increasingly excited by the results of the 21 holes drilled to date. The continuity and scale of mineralization encountered is beyond the boundaries of the existing resource footprint,” said Sam Ash, President and Chief Executive Officer of Bunker Hill Mining. “From here, additional drilling will be required, as we aim to establish an additional zone of mineralization that can supplement the current production profile, and we believe that the success achieved to date positions us well to deliver an initial resource estimate before year-end, with the potential for inclusion in our production plan and full-year guidance for 2027.”

New drill results continue to demonstrate silver-lead grades and thicknesses in siderite-galena (sphalerite) veins comprising the Cate-8 Vein Target (the “Cate-8 Target”). These are expected to support the completion of an initial mineral resource estimate for the zone by the end of 2026. Geologic modeling of the drill results has shown the Cate-8 Target is a different hybrid vein type than the narrow Galena-Quartz veins initially targeted and is not cut off at depth by the regional Cate Fault (the “Cate Fault”), both of which may increase potential tonnages and contained metal values of the Cate-8 Target.  

Updated modeling of the Cate-8 Target supports the concept of a mineralized zone adjacent to current mine development, outside of known resources, with sufficient grades and thickness to be incorporated into near-term mine plans with continued successful exploration results. The Cate-8 Target was recalculated using new drill intercepts across a range of theoretical cut-off grades and shows a potential 100% increase in tonnages and grades compared to previous estimates (details listed below). At a cut-off grade of 50 g/t AgEq, the Cate-8 Target model (the “Cate-8 Target Model”) includes 337k tons at a grade of 6.17 oz/ton AgEq for 2.08M ounces of silver equivalent metal (calculated using only AgEq values, blocks not subdivided by metal values).

Highlights from the drill program include:

8.1 feet at 18.82 oz/ton Ag, 8.87% Pb, 0.25% Zn (20.98 oz/ton AgEq) (2.47m at 719.5 g/t AgEq), 6.3 feet at 5.29 oz/ton Ag, 15.23% Pb, 0.87% Zn (9.16 oz/ton AgEq) (1.92m at 314.23 g/t AgEq) and 5 feet at 3.53 oz/ton Ag, 8.96% Pb, 1.38% Zn (6.13 oz/ton AgEq) (1.52m at 210.1 g/t AgEq) in BHE26-16;22.6 feet at 1.64 oz/ton Ag, 5.1% Pb, 1.19% Zn (3.27 oz/ton AgEq) (6.89m at 112.12 g/t AgEq), including 6.8 feet at 2.61 oz/ton Ag, 8.49% Pb, 1% Zn (4.96 oz/ton AgEq) (2.07m at 170 g/t AgEq) in BHE26-13;6.3 feet at 2.74 oz/ton Ag, 5.9% Pb, 0.07% Zn (4.14 oz/ton AgEq) (1.92m at 141.9 g/t AgEq) in BHE26-15;Cate-8 Target Model expands from maiden estimate to 337k tons at a grade of 6.17 oz/ton AgEq for 2.08M ounces of contained silver equivalent metal at a cut-off grade of 50 g/t AgEq (calculated using only AgEq values, blocks not subdivided by metal values);Multiple galena-siderite veins intercepted within the Cate-8 Target structural corridor, identifying a 10-42 feet thick mineralized zone (true thickness);Demonstrated continuity of individual veins and overall mineralized zone for 680 feet along strike and 880 feet down dip;Grades and thicknesses continue to support targeting mineralization with the potential to be included in near-term mine plans with continued exploration success;Confirmation of hybrid-type mineralization, with discrete zinc and silver-lead veins on the margins of the zone overlapping in the core mineralized shoot of the vein target;First drill intercepts of silver-rich, copper-antimony bearing tetrahedrite mineralization in modern exploration at the Bunker Hill Mine. Indicated in logging and pXRF readings, confirmed by recent assay results with very high silver values with low lead grades: 1.2 feet at 27.3 oz/ton Ag, 1.06% Pb, 0.36% Zn in BHE26-13; 5.3 feet (poor recovery) at 20.4oz/ton Ag, 1.77% Pb, 0.136% Zn; andDiscovery of a new vein in the hanging wall of the Cate Fault above the Cate-8 Target with rounded, zinc-mineralized siderite clasts in a pyrite breccia matrix, up to 13 ft of drilled thickness. This represents an intriguing target, as this type of mineralization was commonly mapped on peripheries of some of the largest historically mined veins. Chief Geologist Sam Bourque states, “We are focused on unlocking the full potential of the Bunker Hill Mine’s mineral system by testing proven geologic concepts with cutting-edge technology and methods. Prior geologists supplied a wealth of detailed structural and stratigraphic studies and concepts prior to the mine shutting down in 1981; we are the first group that has placed these concepts and the underlying data into modern 3D geologic models. Known post-mineral fault offsets and vein patterns and distribution strongly suggest that even after 90 years of continuous work, mining at the Bunker Hill Mine has only tested one quarter of the original mineralized system. By targeting high-grade silver mineralization both adjacent to existing workings like the Cate-8 Target, and across our broader land package as at the Page project, we're not only increasing geological confidence for near-term mine planning but also identifying opportunities to potentially expand resources, extend mine life and enhance the long-term value of our broader land package.”

SUMMARY OF NEW DRILL RESULTS

Table 1: New intercepts in recent underground drillholes at the Cate-8 Target

Hole IDFromToLength
ftLength
mZn %Pb %Ag
opt Ag gt AgEq
gt AgEq
oz/tBHE26-0631832241.222.094.991.2743.54109.873.20BHE26-06329.7330.40.70.210.0310.402.5487.09170.594.98BHE26-06338345.57.52.290.223.701.3947.5879.882.33           BHE26-07170.7184.213.54.111.572.360.9432.4071.172.08BHE26-07223.52273.51.073.281.730.8127.8383.122.42           BHE26-08247257103.055.042.230.7927.15108.733.17           BHE26-0928128982.440.942.531.0034.2966.391.94           BHE26-10181.51864.51.370.648.401.875.0480.292.34Including183.1184.110.300.6529.405.615.04248.217.24BHE26-1026426620.6110.433.571.8760.81221.306.45           BHE26-11B185.2187.72.50.761.9112.704.77154.96280.618.18BHE26-11B231.82331.20.370.1111.603.65118.57212.606.20BHE26-11B241.1242.110.301.055.721.6653.93112.923.29BHE26-11B293.9294.70.80.246.600.790.7323.55113.413.31BHE26-11B343.43440.60.1811.100.350.8126.28169.604.95           BHE26-12252.4255.430.910.636.232.4383.35141.154.12           BHE26-13255.427822.66.891.195.101.6456.33112.123.27Including255.4262.26.82.071.008.492.6189.38169.954.96BHE26-13286.7295.18.42.560.643.094.68160.31193.075.63           BHE26-14319.7323.741.225.107.282.8698.06220.796.44BHE26-14343.9353.59.62.931.442.531.0134.4672.972.13including343.9346.12.20.674.356.262.7393.60198.695.80           BHE26-1529229751.520.783.281.2241.8377.942.27BHE26-153273376.31.920.075.902.7493.83141.854.14           BHE26-16330.73387.32.233.205.391.4148.21131.873.85BHE26-1635335851.521.388.963.53121.03210.096.13BHE26-16361.6367.96.31.920.8715.235.29181.54314.239.16BHE26-16373381.18.12.470.258.8718.82645.35719.4620.98
There have been 21 core holes completed to date for a total of 7,350 feet of drilling. All holes have intercepted visible galena (lead sulfide) mineralization, with sphalerite (zinc sulfide) commonly seen along margins of veins. The Cate-8 Target is marked by two to five discrete, 0.5-4.5-foot thick (drilled) galena-siderite-(sphalerite-pyrite) veins, which appear to variably bifurcate and rejoin into thicker veins across an overall mineralized zone ranging from 10-42 feet in modeled true thickness. A higher-grade and thicker shoot of mineralization has been identified within the vein, plunging to the southwest, which matches the structural interpretation of the hybrid mineralization Cate-8 Target. Mineralization thins downdip on the Cate-8 Target to the west, with drillholes BHE26-07, 08 and 09 likely defining the edges of potentially economic mineralization within the zone in that direction.

Due to the polymetallic nature of the hybrid mineralization in the Cate-8 Target, silver-equivalent grades were determined for each sample interval. Silver equivalent grade (AgEq) was calculated using long-term metal price forecasts of US$76.36/troy ounce silver, $0.89/lb lead and $1.41/lb zinc, with recovery rates of 91.6% for silver, 88.6% for lead and 86.8% for zinc (from BHMC 2024 PFS). Using these parameters, the metal equivalent factors are 1% zinc = 12.66 g/t AgEq, and 1% lead = 7.99 g/t AgEq, with total AgEq calculated with the formula:

AgEq g/t=Ag g/t + (Zn% * 12.66) + (Pb% * 7.99)

Notes - Intercepts listed are drilled length; true thickness is unknown from current data and is estimated at 50-60% of drilled length for BHE26-14, 15, 16; 75% for BHE26-11, 12, 13; and 85-95% for BHE26-7, 8, 9, 10. Core recovery was good (>90%) in mineralized zones other than BHE26-14, 15 and 16, which were drilled at low angle to the Cate-8 structure; these intervals will be drilled from a more ideal location on the 7 Level for inclusion in a potential future resource estimate. To avoid coarse versus fine bias in rubble zones and expedite sample processing on resource infill holes, whole core sampling was implemented on holes 10-16. Further infill drilling is planned for the zones from more ideal angles from a drill station on the 7 Level. Half core will be preserved from these holes for metallurgical work and reference material for future resource calculations.

Figure 1: Plan view of drill traces from 8 Level. 100-foot grid, existing development in gray outline

Figure 2: Vertical cross-section of drill hole traces showing intercepts with Ag equivalent grades

DRILL RESULTS CONTINUE TO EXPAND SIZE AND POTENTIAL OF CATE-8 VEIN DISCOVERY

The original exploration concept for the Cate-8 Target was a Galena-Quartz (“GQ”) vein which had been cut and offset within the regional Cate Fault. Mineralization and vein patterns intercepted in drilling have shown that the Cate-8 Target is a hybrid-type vein in the footwall of the Cate Fault, with Bluebird vein zinc mineralization overprinted by GQ vein silver-lead mineralization. This removes a projected structural top and base to the Cate-8 Target where it is currently being explored and increases both the size and the contained metal content of the Cate-8 Target, an analogue being the March stope, which was mined continuously from 1885-1936, producing 4.7M tons at grades of 12% lead, 5.22 oz/ton silver and 2.25% zinc (Bunker Hill Mining Corp. Prefeasibility Study, 2022 (the “Bunker Hill PFS”)).

Figure 3: Vertical long-section of Cate-8 Target with Ag equivalent grades. Current development shown in black outline. Elevation grid is 100-foot spacing.

This recognition of a shared hydrothermal plumbing system provides encouraging exploration corridors to connect the N-NW-striking Cate-8 Target with both NW-striking, shallow-dipping, zinc-rich Bluebird veins and N-NE-striking, steeply dipping, silver-lead-bearing GQ veins. While historical exploration efforts focused on each vein set individually, the structural window between them was largely ignored. A visual assessment of the distribution of historic stopes isolated on either vein set highlights numerous specific locations to look for additional Cate-8 Target type veins near-mine (highlighted in magenta in Figure 4 below).

Figure 4: Vertical section of Bunker Hill Mine (black) showing historic Bluebird (blue shading) vs GQ vein stopes (red shading), and prospective near-mine hybrid vein exploration target areas (magenta shading)

CATE-8 TARGET ESTIMATE

New drill data has been incorporated into the Company’s existing Cate-8 Target Model for the Cate-8 Target (see Bunker Hill’s press release dated June 7, 2026), with a substantial increase in prospective tonnage and grade ranges. The target estimate has been calculated using only drill data with industry standard scripting in Maptek Vulcan 3D software, a 200 ft radius search ellipsoid along strike and dip, and a tonnage factor of 11.38 ft/ton (It should be noted that the tonnage factor used is for zinc dominant mineralization in the Bunker Hill PFS; samples of higher-grade lead-silver galena-siderite veins have had density measurements as high (low) as 6.28 ft3/ton). Due to the polymetallic nature of the hybrid mineralization in the Cate-8 Target, silver-equivalent grades were used to directly assess the overall potential for economic extraction of mineralization in the Cate-8 Target Model. No calculation was performed on the individual metals’ distribution within the block model estimation.

Due to the bifurcating veins and the addition of shoulder samples to infill isolated samples across the structural zone, the entire Cate-8 Target was modelled as a single unit for this iteration. With a wider spacing of intercepts, complete assays across the zone, and substantially higher-grade assays in BHE26-16 than prior holes, tonnage was added to the target estimate, with much of that at higher grade ranges than the prior reported estimates. At a cut-off grade of 50 grams/tonne silver equivalent (AgEq), the Cate-8 Target Model for the Cate-8 Target contains 2.08M ounces of silver-equivalent metal in 337k tons at a grade of 6.17 oz/ton AgEq.

The reader is cautioned that the Cate-8 Target Estimate does not constitute, nor is it implied as, a mineral resource estimate. A qualified person has not done sufficient work on the Cate-8 Target drill data to be incorporated in a Mineral Resource Estimate, and there is no assurance that further exploration work will lead to the definition of any economic mineralization. The potential quantity and grade are conceptual in nature.

Table 2: Tonnage and grade estimates for Cate-8 Target at a range of AgEq cut-off grades

Cutoff
Grade AgEq
gtAgEq gtTonnage Ag_eq_Ounces 070.281,105,743.312,266,587.8025161.28474,460.712,231,861.5250211.53 337,028.43 2,079,337.48 75290.80220,549.181,870,623.23100328.58186,059.461,783,115.01125378.20151,277.641,668,717.19150409.28133,988.261,599,461.33175464.05110,155.401,490,929.28200469.71107,942.461,478,797.11225479.78103,892.651,453,829.37250487.63100,646.041,431,441.43275495.9397,076.721,404,177.30300500.7294,887.761,385,771.44325506.5492,047.241,359,912.58350513.2388,507.201,324,881.73375514.8687,535.101,314,491.73400525.8080,563.841,235,512.70425541.3070,902.741,119,405.72450556.9761,689.171,002,137.25475574.0552,169.77873,484.33500 33,416.45603,783.28
ONGOING DRILLING-PATHWAY TOWARD A POTENTIAL 2026 INITIAL RESOURCE ESTIMATE

Bunker Hill has initiated a focused work program to support the preparation of an initial mineral resource estimate by the end of 2026. 10 additional drill holes have been planned from the current 8 Level drill station, designed to test the margins of the Cate-8 Target and provide internal drill spacing adequate for calculation of a mineral resource estimate at a Measured and Indicated classification level under National Instrument 43-101 - Standards of Disclosure for Mineral Exploration Projects (“NI 43-101”).

An additional drill station is in preparation on the 7 level of the Bunker Hill Mine, which will allow testing of the up-dip projection of the Cate-8 Target. This station will allow for drilling the Cate-8 Target at higher angles, closer to perpendicular, which should greatly improve drill recovery and intact core segments. This will, in turn, allow for a more confident geologic interpretation and resource calculations. Approximately 12 holes are planned from the 7 Level station for a total of ~9,000 feet of additional drilling.

Density testing and geotechnical logging of drill core are underway, samples have been selected for check assays at umpire labs, and additional multielement testing and geologic model updates are all ongoing. Bunker Hill’s engineering staff is currently evaluating potential options for incorporating the Cate-8 Target in short-term mine plans and evaluating the potential impact on future mine production profiles.

Should the program continue to demonstrate sufficient continuity, scale and confidence sufficient for the calculation of a future Measured and Indicated mineral resource, the Company anticipates incorporating this additional mineral inventory into its production planning process and full-year operational guidance for 2027.

JOIN BUNKER HILL MINING FOR A LIVE EXPLORATION UPDATE

Thursday, July 16 | 9:00 a.m. PT | 12:00 p.m. ET

Bunker Hill Mining invites shareholders, analysts, and prospective investors to join a live webinar highlighting the Company's exploration strategy and recent drill results at the historic Bunker Hill Mine in Idaho's prolific Coeur d'Alene Mining District.

President & CEO Sam Ash will be joined by Chief Geologist Sam Bourque to discuss:

Highlights from the Company's latest exploration program and drill resultsHigh-priority silver targets and geological potential across the Bunker Hill MineProgress toward an initial mineral resource estimateHow exploration supports future mine planning, production growth, and long-term shareholder valueLive questions and answers with management
Register today to reserve your spot.
https://us06web.zoom.us/meeting/register/anUMpVE0QN-KgZaE3z7leQ

We look forward to sharing how Bunker Hill's exploration program is advancing the Company's long-term growth strategy.

INVESTOR TOUR - JULY 22, 2026

Interested participants are encouraged to RSVP by emailing [email protected]. Additional event details, including logistics and itinerary information, will be shared with registered attendees closer to the event date.

“We are excited to welcome investors and stakeholders to the Bunker Hill Mine for the first time since restarting operations,” added Mr. Ash. “Investor Day will provide an opportunity to showcase the substantial progress made on site and discuss the exciting path forward for Bunker Hill.”

QUALITY ASSURANCE / QUALITY CONTROL (“QA/QC”) 

The Company has implemented rigorous QA/QC protocols, including the insertion of blanks and standards in all sample batches. QA samples inserted into the assay batches for holes reported here all passed analyses of blanks and certified reference standards. Core sample intervals were selected based on visual geology and mineralization, and were cut, bagged and delivered to the lab by Bunker Hill geologists. Samples were split and cut on a core saw where necessary, following a cut line placed by the geologist dividing visible mineralization into equal proportions. In areas of poor drill recovery, sampling was conducted from run block to run block to avoid any spatial bias within the interval.

Samples were prepared and analyzed at SVL Lab located in Smelterville, Idaho, using standard industry grind, split, and pulp preparation, followed by microwave digestion and Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES) analysis, with overlimit samples assayed by fire assay with a gravimetric finish for silver. SVL Analytical, Inc. is a full-service environmental and geochemical laboratory and holds ISO/IEC 17025 accreditation for Fire Assay and Geochemistry. SVL’s QA program meets the quality requirements set forth in the ISO/IEC 17025:2017 Standard, as evidenced by the inclusion and reporting of internal quality control samples with all results.

QUALIFIED PERSON 

Sam Bourque (AIPG CPG #11775), Chief Geologist of Bunker Hill, is the Company's designated Qualified Person for this news release within the meaning of NI 43-101. Mr. Bourque has reviewed and approved the technical information contained herein. 

ABOUT BUNKER HILL MINING

Bunker Hill Mining Corp. is a U.S.-based mining company focused on the restart and operation of its flagship asset, the historic Bunker Hill Mine in northern Idaho's prolific Silver Valley. One of North America's most storied mining districts, the Bunker Hill Mine is being redeveloped as a modern producer of zinc, lead and silver concentrates through responsible mining practices and a disciplined approach to operational execution.

The Company's strategy is centered on creating long-term value through the efficient restart, optimization and expansion of this high-quality asset while maintaining strong environmental stewardship, safety performance and community engagement. Bunker Hill is committed to delivering sustainable growth and maximizing shareholder returns by successfully redeveloping a cornerstone mining operation in the United States.

Additional information is available at www.bunkerhillmining.com and on SEDAR+ and EDGAR.

On behalf of Bunker Hill Mining Corp.
Sam Ash
President and Chief Executive Officer

For additional information, please contact:
Brenda Dayton
Vice President, Investor Relations
T: 604.417.7952
E: [email protected]

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase “forward-looking information” in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “plan” or variations of such words and phrases.

Forward-looking statements in this news release include, but are not limited to, statements regarding: additional zones of mineralization; the preparation and completion of an initial resource estimate, with the aim of including in the production plan; the Cate-8 Target and Cate-8 Target Model; future drill, exploration and testing programs; geological interpretations and resource calculations; incorporation of the Cate-8 Target into short-term mine plans; Operational Investor Day and webinar and the Company’s general objectives, goals or future plans, and any similar statements. Forward-looking statements reflect material expectations and assumptions, including, without limitation, expectations and assumptions relating to: receive sufficient project financing for the ramp up of commercial production of the Bunker Hill Mine on acceptable terms or at all; the future price of metals; and the stability of the financial and capital markets. Factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, those risks and uncertainties identified in public filings made by Bunker Hill with the U.S. Securities and Exchange Commission (the “SEC”) and with applicable Canadian securities regulatory authorities, including its latest annual report on Form 10-K as filed with the SEC on March 6, 2026, and the following: the Company’s inability to raise additional capital for project activities, including through equity financings, concentrate offtake financings or otherwise; capital market conditions; restrictions on labor and its effects on international travel and supply chains; failure to identify mineral resources; failure to convert estimated mineral resources to reserves; the preliminary nature of metallurgical test results; the Company’s ability to ramp up the Bunker Hill Mine to commercial production and the risks of not basing a production decision on a feasibility study of mineral reserves demonstrating economic and technical viability; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; changes in equity markets; uncertainties relating to the availability and costs of financing needed in the future; inflation; changes in exchange rates; fluctuations in commodity prices; delays in the development of projects; and capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this news release are reasonable, undue reliance should not be placed on such statements or information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Readers are cautioned that the foregoing risks and uncertainties are not exhaustive. Additional information on these and other risk factors that could affect the Company’s operations or financial results are included in the Company’s annual report and may be accessed through the SEDAR+ website (www.sedarplus.ca) or through EDGAR on the SEC website (www.sec.gov).

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/6381ac17-844b-4703-9c0f-0c228e748970

https://www.globenewswire.com/NewsRoom/AttachmentNg/deea9357-bd1b-497e-b4a2-ed3c125f8696

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Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

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Vancouver, British Columbia--(Newsfile Corp. - July 14, 2026) - Doubleview Gold Corp. (TSXV: DBG) (OTCQX: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to provide an update on its 2026 drill program at its 100%-owned Hat polymetallic porphyry project ("Hat" or the "Project") in northwestern British Columbia. Drill holes H109 through H112 at Pad 1, East of the Hat deposit, have reached their intended depth targets, with drill core intersecting Hat-style mineralization consistent with the broader mineralized system. Assay results are pending. The Company is now advancing drilling operations to Pad 2, Southwest of the Hat deposit.

Drill target locations for the 2026 program were developed through three independent technical methods. Four priority drill pad locations, Pad 1, Pad 2, Pad 3, and Pad 4, were consistently identified by all three methods, providing an exceptional level of convergence and geological confidence. The selected locations are designed to expand the mineral resource envelope and upgrade Inferred mineral resources toward the Indicated and Measured categories required to support a Pre-Feasibility Study.

CEO Comment

Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented: "What gives me the greatest confidence in our 2026 drill program is that three entirely independent technical evaluations - our geological team's interpretation, a rigorous quantitative resource confidence assessment, and a systematic AI analysis of our geophysical data, all pointed to the same four locations. That level of independent convergence is exceptional and speaks to the coherent, well-defined nature of the Hat system. Pad 1 has delivered exactly what we expected, and we are now advancing to Pad 2. Our objective in this program is strategic: to expand the resource and to provide the data necessary to convert Inferred tonnes into Indicated and Measured categories in support of future engineering and economic studies."

Highlights

Drilling at Pad 1 (H109-H112) has reached intended depth targets with Hat-style mineralization intersected in drill core. Assay results are pending.Three independent target methods, geological interpretation, quantitative resource confidence assessment (conditional simulation), and AI-assisted geophysical analysis, all identify the same four priority pad locations.The convergence of all three independent methods on four common locations provides an exceptional level of geological confidence underpinning the 2026 drill program.Drill locations are designed to expand the mineralized footprint and upgrade Inferred mineral resources toward Indicated and Measured categories in support of future Pre-Feasibility Study requirements.Doubleview has released an interactive three-dimensional technical database of the Hat deposit, available at https://www.doubleview.ca/wp-content/uploads/2026/07/Hat_3D_Database-v2.html (desktop browser recommended).The Company is advancing drilling operations to Pad 2.2026 Target Selection Methodology

The Company pursued an accelerated, data-intensive approach to target selection for the 2026 drill program, with the objective of maximizing geological confidence in a single exploration season. Three complementary and independent target-generation methods were applied:

Geological Interpretation. Doubleview's geological team developed drill targets through an integrated review of the deposit's geological model, drill hole data, core logging, structural framework, alteration patterns, and the spatial distribution of mineralization. Target locations were selected to address areas with limited drill coverage and to test the lateral and depth continuity and expansion potential of the mineralized system.

Resource Confidence Assessment. Tomasz Wawruch, FAusIMM, of Mineit Consulting Inc., completed an independent quantitative resource confidence assessment using conditional simulation techniques. The study identified priority drill locations where additional drilling would most effectively reduce estimation uncertainty and support reclassification of mineral resources from Inferred toward Indicated and Measured categories, specifically those required for a defensible Pre-Feasibility Study.

AI-Assisted Geophysical Analysis. Doubleview commissioned DrillTargetAI to perform a systematic review of the Hat Project's induced polarization (IP) geophysical dataset. The analysis identified zones where high chargeability coincides with low resistivity, a signature consistent with the sulfide-bearing, copper-mineralized systems already confirmed at Hat. Candidate zones were restricted to areas located more than 180 metres from existing drill collars to prioritize untested ground, and were distributed across the target area to ensure targets test distinct portions of the anomaly. The analysis is grounded entirely in the Project's own geophysical data, rather than external or generic models.

The four priority pad locations, Pad 1, Pad 2, Pad 3, and Pad 4, represent locations where all three independent methods identify targets in close spatial agreement. This convergence provides a robust foundation of geological confidence for the 2026 program and serves as an independent validation of the coherent nature of the Hat mineralizing system.

Figure 1: Drill target priority areas and pad locations for the 2026 exploration program. The four selected pads (Pad 1-4) reflect the convergence of geological, statistical, and AI-assisted target assessment methods.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/305098_fe15cc50140a3977_001full.jpg

Figure 2: Compilation of proposed drill locations from all three independent target methods. Spatial convergence at four locations underpins the 2026 drill program selection.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/305098_fe15cc50140a3977_002full.jpg

Resource Context and Drilling Objectives

The Hat Project hosts a Mineral Resource Estimate with an effective date of February 25, 2026, comprising 609 Mt of Measured and Indicated Resources at 0.43% CuEq and 503 Mt of Inferred Resources at 0.41% CuEq (as previously disclosed February 25, 2026). Mineral resources are not mineral reserves and do not have demonstrated economic viability. The substantial Inferred resource component represents a meaningful opportunity to advance resource confidence through targeted, systematic drilling. The 2026 drill program is designed to provide the geological continuity and data density required to support conversion of Inferred resources to Indicated and Measured categories, and to test the expansion potential of the mineralized system beyond the current resource envelope in support of future engineering and economic studies.

Interactive 3D Hat Project Database

Doubleview has published a browser-based interactive three-dimensional technical database of the Hat deposit, incorporating drill hole data, geological interpretation, and resource modelling. The database is available to investors and technical stakeholders at

https://www.doubleview.ca/wp-content/uploads/2026/07/Hat_3D_Database-v2.html

(desktop browser recommended).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/305098_fig3.jpg

The Company believes this tool provides an unprecedented level of transparency and technical insight into the scale and character of the Hat mineralized system.

Qualified Person

Tomasz Wawruch, FAusIMM, Senior Geology and Mineral Resource Consultant at Mineit Consulting Inc., is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Wawruch has reviewed and approved the technical content of this news release. He is independent of Doubleview.

About Doubleview Gold Corp.

Doubleview Gold Corp. is a mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQX: DBLVF), (WKN: LA1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The Company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects, collectively critical minerals, utilizing cutting-edge exploration techniques.

Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the Company's strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the Company expands its portfolio and strengthens its position in the critical minerals sector.

Doubleview maintains a website at www.doubleview.ca.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp.
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: [email protected]

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-Looking Information

Certain of the statements made and information contained herein may constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking statements in this news release include, but are not limited to, statements regarding: the interpretation of drill core observations and visual mineralization intersected at Pad 1; anticipated assay results and their potential significance; the potential to convert Inferred mineral resources to Indicated or Measured categories through additional drilling; the potential expansion of the mineral resource beyond the current resource envelope; the outcomes and significance of the geological, statistical, and AI-assisted target assessment methods; the design, objectives, and anticipated outcomes of the 2026 drill program; the potential for future advancement to a Pre-Feasibility Study; and the anticipated progression of drilling to Pad 2 and subsequent pad locations.

Forward-looking statements are based on assumptions that management considers reasonable at the time they are made, including assumptions regarding geological continuity, future exploration results, metallurgical recoveries, metal prices, availability of financing, regulatory approvals, access to the property, and the Company's ability to complete future technical studies. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those projected. Such risks include, but are not limited to: risks associated with mineral exploration and development; uncertainty of geological interpretation; uncertainty of Mineral Resource estimation; volatility in metal prices; metallurgical and processing risks; permitting and environmental risks; title and access risks; financing risks; equipment availability; First Nations consultation and engagement; and other risks disclosed in the Company's public filings.

Except as required by applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305098

Source: Doubleview Gold Corp.

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Highlights

Hole 26MN-090 returned, along the Zanzibar Trend:0.91 g/t gold over 20.63 metres ("m") from 74.38 m and 16.47 g/t gold over 2.35 m from 143.41 m within the Gold Hill Formation.Hole 26MN-099 returned, along the Zanzibar Trend:0.88 g/t gold over 18.59 m from 98.76 m at the Zanzibar-Gold Hill Formation stratigraphic contact, including 1.28 g/t gold over 9.45 m from 101.19 m.2.10 g/t gold over 16.15 m from 126.95 m within Gold Hill Formation fault breccia, including 2.91 g/t gold over 10.27 m from 128.32 m.Hole 26MN-101 returned, at Goldwedge:1.60 g/t gold over 33.53 m from 6.70 m within the Zanzibar Formation, including 7.11 g/t gold over 5.18 m from 33.83 m.Hole 26MN-104 returned, along the Zanzibar Trend:35.23 g/t gold over 1.01 m from 139.26 m within the Gold Hill Formation.Hole 26MN-110 returned, at Goldwedge:2.05 g/t gold over 97.99 m from 64.16 m within the Gold Hill Formation, including; 18.19 g/t gold over 3.17 m from 85.95 m, 11.41 g/t gold over 4.57 m from 127.1 m, and 8.98 g/t gold over 7.32 m from 144.01 m. Also, within the Gold Hill Formation, 1.75 g/t gold over 14.63 m from 180.44 m.Vancouver, British Columbia--(Newsfile Corp. - July 14, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce results from eighteen step-out holes of the Phase Two drill program at the Manhattan District Project ("Manhattan"), Nevada, USA: 26MN-087, 26MN-090, 26MN-093 through 26MN-095, 26MN-097 through 26MN-108, and 26MN-110, see Figure 1. The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 102 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-112, for a grand total of 28,939 m. With the results herein, Scorpio Gold has reported assays on 99 of these (25MN-011 through 25MN-045, 26MN-046 through 26MN-108, and 26MN-110, totalling 27,793 m, and assays are pending from 3 holes (26MN-109, 26MN-111 and 26MN-112), totalling 1,146 m. The pending results will be reported as they become available.

In addition to the Phase Two drill program, the Company is reviewing historic core that is available at Manhattan and analyzing any historic core and pulps for silver. This new silver data from historic materials is supplementary to silver data that has been collecting since 2024 on new core drilled by the Company. Silver, or a gold equivalent, has not been used or included in any results to date. Results from drill hole GWUG-11-11 are also included in Table 1 and discussed below. Any new significant results from historic core or pulps will be reported as they become available.

"Manhattan continues to deliver high-grade gold with remarkable consistency, and these results deepen our understanding of why. The 97.99 metre intercept grading 2.05 g/t gold in hole 26MN-110 demonstrates that Goldwedge hosts broad, continuous zones of mineralization punctuated by high-grade intervals. The combination of structural and stratigraphic intersection at Goldwedge is providing the kind of grade-and-thickness combination that drives meaningful resource growth at Manhattan.

Along the Zanzibar Trend, mineralization is also proving to be strongly controlled by stratigraphy and structure, with high-grade gold recurring at the Zanzibar-Gold Hill contact and within fault breccias hosting multiple generations of epithermal veining — hallmarks of a large, long-lived gold system. Importantly, these step-outs tested within and beyond the boundaries of our maiden resource, so every new intercept is either adding new mineralization or upgrading material outside the current block model. We have also begun analyzing multi-element ICP data received to date, which include silver values. Silver was historically produced alongside gold in the Manhattan District, and we see the potential for silver to be incorporated into future resource estimates — adding a byproduct dimension that our maiden resource did not capture. With 99 of 102 Phase Two holes now reported and the system open in multiple directions, Manhattan keeps reinforcing its district-scale potential," said Harrison Pokrandt, VP Exploration for Scorpio Gold.

Figure 1. Surface Plan Map of drill holes. Map Inset areas shown in Figures 2 and 3.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9779/305095_5e645079f465d834_002full.jpg

Zanzibar Trend: Drill holes 26MN-087, 26MN-090, 26MN-093, 26MN-094, 26MN-097, 26MN-099, and 26MN-104 are all approximately 50 m step-outs along the Zanzibar Trend. Hole 90 had two substantial zones, 0.91g/t over 20.6m and 16.47 g/t over 2.35m. These add to the significant mineralization recently encountered along the Zanzibar Trend, including:

3.14 g/t gold over 49.62 m from 59.95 m (25MN-044)0.66 g/t gold over 57.64 m from 29.59 m (25MN-045)2.10 g/t gold over 22.25 m from 34.14 m (26MN-063)2.74 g/t gold over 16.49 m from 45.45 m (26MN-066)10.40 g/t gold over 5.67 m from 34.29 m (26MN-067)1.94 g/t gold over 17.07 m from 55.47 m (26MN-067)12.78 g/t gold over 5.91 m from 134.51 m (26MN-067)0.69 g/t gold over 23.23 m from 4.05 m (26MN-070)2.68 g/t gold over 11.34 m from 0.76 m (26MN-071)2.77 g/t gold over 12.68 m from 58.64 m (26MN-080)5.19 g/t gold over 6.55 m from 62.03 m (26MN-080)Goldwedge: Drill holes 26MN-095, 26MN-098, 26MN-100, 26MN-101, 26MN-103, 26MN-105, 26MN-106, 26MN-107, 26MN-108, and 26MN-110 are all approximately 50 m step-outs, both laterally and at depth, at Goldwedge. Recent drilling at Goldwedge, including the results within, has demonstrated consistently strong mineralization:

0.59 g/t gold over 49.23 m from 31.69 m (26MN-048)11.84 g/t gold over 8.39 m from 106.21 m (26MN-075)1.27 g/t gold over 45.23 m from 137.95 m (26MN-086)1.17 g/t gold over 21.58 m from 111.71 m (26MN-089)0.62 g/t gold over 16.28 m from 137.03 m (26MN-089)2.04 g/t gold over 11.83 m from 115.67 m (26MN-091)0.68 g/t gold over 25.02 m from 142.04 m (26MN-091)4.43 g/t gold over 5.18 m from 172.21 m (26MN-091)6.95 g/t gold over 11.98 m from 242.99 m (26MN-091)Black Mammoth: Drill hole 26MN-102 is a 50 m step-out to the east of drill hole 26MN-096. Black Mammoth is a ~200-250 m step-out from Goldwedge. Significant mineralization at Black Mammoth, including the results within, includes:

0.75 g/t gold over 24.69 m from 230.12 m (26MN-053)1.02 g/t gold over 40.23 m from 195.69 m (26MN-057)0.99 g/t gold over 41.45 m from 195.68 m (26MN-057)0.78 g/t gold over 12.92 m from 293.71 m (26MN-057)0.62 g/t gold over 62.21 m from 230.43 m (26MN-069)6.04 g/t gold over 4.86 m from 308.23 m (26MN-072)0.91 g/t gold over 15.79 m from 368.65 m (26MN-072)0.58 g/t gold over 18.04 m from 311.05 m (26MN-078)0.57 g/t gold over 17.98 m from 157.28 m (26MN-092)0.83 g/t gold over 18.01 m from 277.68 m (26MN-092)8.10 g/t gold over 1.52 m from 450.35 m (26MN-092)2.56 g/t gold over 13.38 m from 293.28 m (26MN-096)Further to the 2026 drilling results, historic drill hole GWUG-11-11, was relogged and sampled and returned 8.59 g/t gold over 6.1 m from 9.75 m. This new result addresses gaps found in the Manhattan database compilation. This drill hole was drilled underground at Goldwedge in 2011.

All 2026 drill holes tested within and beyond the Inferred Resource Constraining Pit ("IRCP"), targeting new mineralization outside of the 2025 MRE block model, see Figures 5 and 7. For further details see "Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada" with an effective date of June 4, 2025, on Scorpio Gold's website at https://wp-scorpiogold-2025.s3.ca-central-1.amazonaws.com/media/2025/10/SGN_Manhattan_Mineral_Resource_Estimate_-_Amended_43-101.pdf.

Figure 2. Inset Surface Plan Map of Zanzibar Trend Target Area, with drill hole traces projected to surface and result highlights noted.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9779/305095_5e645079f465d834_004full.jpg

Figure 3. Inset Surface Plan Map of Goldwedge Target Area, with drill hole traces projected to surface and result highlights noted.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9779/305095_5e645079f465d834_006full.jpg

Drill Hole IDTarget Azimuth / DipFrom (m)To (m)Intercept¹ (m)Gold (g/t)26MN-087Zanzibar Trend30.6341.4510.820.40354 m037° / -45°222.78225.162.381.19

321.48329.377.890.5626MN-090Zanzibar Trend74.3895.0120.630.91330 m026° / -45°143.41145.762.3516.47

156.18168.6812.500.29

288.13297.279.140.8126MN-093Zanzibar Trend67.9785.0717.100.41138 m000° / -60°107.29123.6016.310.3426MN-094
144 mZanzibar Trend
035° / -45°29.6535.175.520.1926MN-095Goldwedge6.4037.6431.240.29107 m004° / -45°40.8552.4311.580.20

64.0673.309.240.3026MN-097
168 mZanzibar Trend
045° / -62°106.16118.1411.980.3626MN-098Goldwedge4.429.755.330.28108 m041° / -80°13.4733.2219.750.19

104.51108.203.690.4726MN-099Zanzibar Trend63.5275.1311.610.77323 m252° / -45°89.3195.716.400.40

98.76117.3518.590.88
including101.19110.649.451.28

126.95143.1016.152.10
including128.32138.5910.272.91

228.78242.8614.080.1826MN-100
65 mGoldwedge
060° / -45°3.6635.0831.420.2126MN-101Goldwedge6.7040.2333.531.60116 m050° / -45°

including33.8339.015.187.11

46.9454.327.381.82
including51.6754.322.653.89

61.2770.299.020.65
including63.2264.010.793.76

85.0489.894.851.72
including85.0488.613.572.2326MN-102
512 mBlack Mammoth
205° / -45°398.83402.583.750.4426MN-103Goldwedge19.8228.358.530.4181 m043° / -73°33.1444.8111.670.2226MN-104Zanzibar Trend99.97102.292.322.04385 m150° / -45°110.95115.464.511.75

139.26140.271.0135.23

294.59295.901.311.3526MN-105Goldwedge12.6539.3226.670.2368 m080° / -45°

including25.7639.3213.560.3126MN-106
68 mGoldwedge
130° / -45°13.4117.373.960.2326MN-107Goldwedge49.3870.4121.030.31429 m031° / -49°77.5781.844.270.32

146.61162.9216.310.4426MN-108Goldwedge22.5543.8921.340.1582 m145° / -80°54.5360.055.520.34

65.0778.3013.230.5226MN-110Goldwedge12.8024.9912.190.20330 m020° / -52°64.16162.1597.992.05
including85.9589.123.1718.19
including127.10131.674.5711.41
including144.01151.337.328.98

180.44195.0714.631.75including192.63195.072.446.80GWUG-11-11Goldwedge9.7515.856.108.5983 m229° / -56°

including12.8114.331.5233.13¹ Intervals contain no more than 3 continuous metres grading less than 0.1 g/t gold.

Table 1. Results from the current batch of drill holes. Note: There is insufficient geological information to estimate a true width for the drill intercepts reported.

Zanzibar Trend Results:
26MN-087: This drill hole contains three significant intervals hosted within Cambrian Gold Hill Formation brecciated fine grained clastic meta-sediments. The first interval of 0.40 g/t gold over 10.82 m from 30.63 m is oxidized and brecciated. The second interval of 1.19 g/t gold over 2.38 m from 222.78 m is comprised of a re-lithified breccia. The last interval of 0.56 g/t gold over 7.89 m from 321.48 m is a breccia with obvious evidence of faulting. The later interval ends in Oligocene Round Rock Formation ("Manhattan Caldera") ash and lapilli tuff volcanic units, from 328.54 m to 329.37 m. The different breccias suggest multiple mineralization events.

26MN-090: This drill hole contains four significant intervals hosted within Cambrian Gold Hill Formation fine grained carbonate and clastic meta-sediments, including breccia and marble. The first interval of 0.91 g/t gold over 20.63 m from 74.38 m sits directly below a large, oxidized fault (~73 m) and is largely oxidized and broken muds and limestones. The second interval of 16.47 g/t gold over 2.35 m from 143.41 m contains a near-parallel to core axis quartz-calcite vein and is constrained to a limestone bed with strong alteration above the interval. The third and fourth intervals of 0.29 g/t gold over 12.5 m from 156.18 m and 0.81 g/t gold over 9.14 m from 288.13 m are within brecciated meta-mud and siltstones. See cross-section A to A' (Figure 5).

26MN-093: This drill hole contains two significant intervals hosted within Ordovician Zanzibar Formation limestones and carbonaceous muds. The first interval of 0.41 g/t gold over 17.1 m from 67.97 m is within re-lithified brecciated muddy limestone. The last interval of 0.34 g/t gold over 16.31 m from 107.29 m is within broken, vein filled, brecciated and oxidized limestone. This interval sits directly above sheared carbonaceous mudstone (starting at 123.60 m), which sits above Manhattan Caldera volcanics (at 131.98 m). The different breccias suggest multiple mineralization events.

26MN-094: This drill hole contains one significant interval within the Ordovician Zanzibar Formation. The interval of 0.19 g/t gold over 5.52 m from 29.65 m is within bedded, vein filled limestone. This interval sits directly above a massive sheared carbonaceous mudstone (starting at 35.17 m).

26MN-097: This drill hole contains one significant interval that extends through the stratigraphic contact between the Ordovician Zanzibar and Cambrian Gold Hill Formations. The interval of 0.36 g/t gold over 11.98 m from 106.16 m is within Zanzibar Formation limestone and continues into Gold Hill Formation meta-mudstones at 112.68 m. The start of this interval is strongly oxidized and veined.

26MN-099: This drill hole contains two intervals within the Ordovician Zanzibar Formation. The first sits directly below the Manhattan Caldera volcanics contact, 0.77 g/t gold over 11.61 m from 63.52, within limestone and carbonaceous mudstones. The second Zanzibar Formation interval of 0.40 g/t gold over 6.4 m from 89.31 m is hosted withing strongly epithermal veined, bedded, limestone. One significant interval extends through the stratigraphic contact (at 103.33 m) between the Ordovician Zanzibar and Cambrian Gold Hill Formations, of 0.88 g/t gold over 18.59 m from 98.76 m, including 1.28 g/t gold over 9.45 m from 101.19 m. Two significant intervals are hosted entirely within the Cambrian Gold Hill Formation. The first interval of 2.10 g/t gold over 16.15 m from 126.95 m, including 2.91 g/t gold over 10.27 m from 128.32 m (see Figure 4), is hosted within a re-lithified breccia of fine-grained clastic meta-sediments, and sits directly above a marble bed. The last interval of 0.18 g/t gold over 14.08 m from 228.78 m sits directly above the Brougher Fault, and a marble bed, within fine grained clastic meta-sediments. See cross-section A to A' (Figure 5).

26MN-104: This drill hole contains four intervals within Cambrian Gold Hill Formation fine grained clastic meta-sediments. The first interval of 2.04 g/t gold over 2.32 m from 99.97 m sits directly above a marble bed with a gouge fault contact. The final three intervals of 1.75 g/t gold over 4.51 m from 110.95 m, 35.23 g/t gold over 1.01 m from 139.26 m, and 1.35 g/t gold over 1.31 m from 294.59 m contain strong epithermal vein textures throughout.

Figure 4. Drill hole 26MN-099, interval 131.67 m to 136.55 m, displaying Cambrian Gold Hill Formation re-lithified brecciated meta-silt and mudstones with quartz-calcite epithermal veins.

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Figure 5. Cross-section A-A', showing gold grades with reported intervals highlighted.

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Goldwedge Results:
26MN-095: This drill hole contains three intervals within the Ordovician Zanzibar Formation. The first and second intervals of 0.29 g/t gold over 31.24 m from 6.40 m and 0.20 g/t gold over 11.58 m from 40.85 m, are within faulted and brecciated oxidized limestone and the bottom of each interval is a carbonaceous mudstone. The last interval of 0.30 g/t gold over 9.24 m from 64.06 m is similar to the first two intervals, but sits directly above Manhattan Caldera volcanics ("Volcanics") at 73.30 m.

26MN-098: This drill hole contains two intervals within the Ordovician Zanzibar Formation. Both intervals of 0.28 g/t gold over 5.33 m from 4.42 m and 0.19 g/t gold over 19.75 m from 13.47 m, are within faulted and brecciated oxidized limestone. One interval is within the Volcanics. The interval of 0.47 g/t gold over 3.69 m from 104.51 m is brecciated with veins throughout.

26MN-100: This drill hole contains one interval within the Ordovician Zanzibar Formation. The interval of 0.21 g/t gold over 31.42 m from 3.66 m is within faulted and brecciated oxidized limestone with veins throughout, and is directly above the Volcanics at 35.08 m.

26MN-101: This drill hole contains four intervals within the Ordovician Zanzibar Formation. The intervals are hosted within brecciated and faulted limestones and carbonaceous mudstones. The intervals are 1.60 g/t gold over 33.53 m from 6.70 m, including 7.11 g/t gold over 5.18 m from 33.83 m; 1.82 g/t gold over 7.38 m from 46.94 m, including 3.89 g/t gold over 2.65 m from 51.67 m; 0.65 g/t gold over 9.02 m from 61.27 m, including 3.76 g/t gold over 0.79 m from 63.22 m; and 1.72 g/t gold over 4.85 m from 85.04 m, including 2.23 g/t gold over 3.57 m from 85.04 m.

26MN-103: This drill hole contains two intervals within the Ordovician Zanzibar Formation. The intervals are hosted within brecciated and faulted limestones and carbonaceous mudstones. The intervals are 0.41 g/t gold over 8.53 m from 19.82 m and 0.22 g/t gold over 11.67 m from 33.14 m. The later interval is above the Volcanics contact at 54.07 m.

26MN-105: This drill hole contains one interval within the Ordovician Zanzibar Formation, directly above the Volcanics contact at 26.67 m. The interval of 0.23 g/t gold over 26.67 m from 12.65 m, including 0.31 g/t gold over 13.56 m from 25.76 m, is hosted within brecciated and faulted limestone and carbonaceous mudstone.

26MN-106: This drill hole contains one interval within the Ordovician Zanzibar Formation, directly above the Volcanics contact at 17.37 m. The interval of 0.23 g/t gold over 3.96 m from 13.41 m is hosted within brecciated and faulted limestone and carbonaceous mudstone.

26MN-107: This drill hole contains three intervals within the Cambrian Gold Hill Formation. The intervals are hosted within fine grained clastic meta-sediments and marble units. The intervals are 0.31 g/t gold over 21.03 m from 49.38 m, 0.32 g/t gold over 4.27 m from 77.57 m, and 0.44 g/t gold over 16.31 m from 146.61 m. All three intervals are controlled by faults and/or lithologic boundaries above or below the interval.

26MN-108: This drill hole contains three intervals within the Ordovician Zanzibar Formation. The intervals are hosted within brecciated and faulted limestone and carbonaceous mudstone units. The intervals are 0.15 g/t gold over 21.34 m from 22.55 m, 0.34 g/t gold over 5.52 m from 54.53 m, and 0.52 g/t gold over 13.23 m from 65.07 m. The later interval sits directly above the Volcanics at 78.30 m.

26MN-110: This drill hole contains three intervals within the Cambrian Gold Hill Formation. The intervals are hosted within fine grained clastic meta-sediments, marble units, and broken and re-lithified fault breccias. The intervals are 0.20 g/t gold over 12.19 m from 12.80 m; the headline interval of 2.05 g/t gold over 97.99 m from 64.16 m, including 18.19 g/t gold over 3.17 m from 85.95 m, 11.41 g/t gold over 4.57 m from 127.10 m, and 8.98 g/t gold over 7.32 m from 144.01 m (see Figure 6); and 1.75 g/t gold over 14.63 m from 180.44 m, including 6.80 g/t gold over 2.44 m from 192.63 m. The later interval sits directly above the Volcanics at 195.07 m.

GWUG-11-11: Apart of our relogging and sampling efforts of historic core, this drill hole contains one significant interval within the Ordovician Zanzibar Formation that was not previously available to the Manhattan database. The interval of 8.59 g/t gold over 6.1 m from 9.75 m, including 33.13 g/t gold over 1.52 m from 12.81 m, is hosted within faulted and brecciated limestones with strong epithermal vein textures.

Figure 6. Drill hole 26MN-110, interval 147.07 m to 154.54 m, displaying oxidized Cambrian Gold Hill Formation brecciated marbles with quartz-calcite epithermal veins.

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Figure 7. Cross-section B-B', showing gold grades with reported intervals highlighted.

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Black Mammoth Results:
26MN-102: This drill hole contains one interval within the Cambrian Gold Hill Formation. The interval of 0.44 g/t gold over 3.75 m from 398.83 m is hosted within fine grained clastic meta-sediments.

QA/QC

HQ sized diamond drill core samples were cut in halves, then bagged and secured with security tags to ensure integrity during transportation to the Reno, NV, Paragon Geochemical facility or the Elko, NV, MSALABS facility for preparation. For quality assurance ("QA"), unmarked coarse blanks, unmarked certified reference materials, and requested laboratory duplicates were inserted into the sampling sequence. QA samples were systematically inserted into each batch of samples, amounting to approximately 10% of the run of samples. Samples were analyzed for gold using a two-cycle PhotonAssayTM analysis method (~500 g) of crushed material (70% passing 2 mm). All Paragon Geochemical and MSALABS facilities comply with ISO 17025:2017.

About the Manhattan District

Manhattan, located in the Walker Lane Trend of Nevada, USA, is road accessible and lies approximately 20 kilometers south of the operating Round Mountain Gold Mine (https://www.kinross.com/operations/default.aspx#americas-roundmountain), which has produced more than 15 million ounces of gold. For the first time, the Company has consolidated Manhattan's past-producing mines under a single entity that holds valuable permitting and water rights. Historically, Manhattan has produced approximately 700,000 ounces of gold from high-grade placer and lode operations dating from the late 1890s through to the mid-2000s.¹ The maiden mineral resource estimate (the "Maiden MRE") covering the Goldwedge and Manhattan Pit areas of Manhattan is comprised of 18,343,000 tonnes grading 1.26 g/t gold for a total of 740,000 oz contained gold in the inferred category.²

A historical mineral resource estimate (the "Historical MRE") covers the Black Mammoth, April Fool, Hooligan, Keystone, and Jumbo areas of Manhattan and comprises 1,652,325 tonnes grading 5.89 g/t gold for a total of 303,949 oz contained gold.³ The deposit is interpreted as a low-sulfidation, epithermal, gold-rich system situated adjacent to the Tertiary-aged Manhattan caldera in the Southern Toquima Range of Nevada. A "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") has not done sufficient work to make the Historical MRE current, and the Company is not treating the Historical MRE as current.

Notes

Adjacent Properties: The Company has no interest in, or rights to, any of the adjacent properties mentioned, including the Round Mountain Gold Mine, and exploration results on adjacent properties are not necessarily indicative of mineralization on the Company's properties. Any references to exploration results on adjacent properties are provided for information only and do not imply any certainty of achieving similar results on the Company's properties.

Historical Data: This news release includes historical information that has been reviewed by the Company's qualified person. The Company's review of the historical records and information reasonably substantiate the validity of the information presented in this presentation. The Company encourages readers to exercise appropriate caution when evaluating these data and/or results.

Third-Party Mineral Projects: These deposits are cited solely for geological context. The Company cautions that these properties are not necessarily adjacent to, nor does the Company or have any interest in or control over them. Although certain geological features may be similar, there is no assurance that mineralization comparable to these deposits will be discovered on any of the Company's properties. Information regarding the aforementioned deposits is taken from publicly available sources and technical reports believed to be reliable but has not been independently verified by the Company. The Company encourages readers to exercise appropriate caution when evaluating these data and/or results.

Mineral Resource Estimate (MRE): All scientific and technical information relating to Manhattan pertaining to Maiden MRE contained in this news release is derived from the Technical Report dated April 23, 2026 (with an effective date of June 4, 2025) titled "Mineral Resource Estimate and NI 43-101 Technical Report" (the "Technical Report") prepared by Matthew R. Dumala, P.Eng (BC) of Archer Cathro Geological (US) Ltd., Patrick Loury, M.Sc., CPG (AIPG) of Daniel Kunz & Associates, Annaliese Miller, LG (WA) of Geosyntec Consultants, Inc. and Art Ibrado, PhD, PE (AZ) of Fort Lowell Consulting PPLC. The information contained herein in respect of the Maiden MRE is subject to all of the assumptions, qualifications and procedures set out in the Technical Report and reference should be made to the full text of the Technical Report, a copy of which has been filed with the applicable securities regulators and is available under the Company's profile on www.sedarplus.ca.

Historical MRE: A Qualified Person has not done sufficient work to make the Historical MRE current, and the Company is not treating the Historical MRE as current.The Company considers the Historical MRE relevant as it demonstrates the presence of significant gold mineralization across multiple zones within Manhattan; however, its reliability is uncertain because it was prepared prior to the adoption of the current CIM Definition Standards and current QA/QC practices. The Historical MRE provides limited disclosure of assumptions, parameters, estimation methods, cutoff grades, and QA/QC protocols, and therefore these cannot be fully verified by the Company. The categories used in the historical estimate predate, and are not directly comparable to, current CIM Definition Standards, and the Company is not treating the Historical MRE as a current Mineral Resource Estimate. To upgrade and verify the Historical MRE in order to make it a current Mineral Resource Estimate, the Company would be required to undertake confirmatory drilling, modern QA/QC sampling, validation and digitization of historical datasets and updated geological modeling followed by the preparation of a new Mineral Resource Estimate in accordance with CIM Definition Standards and NI 43-101. The Company encourages readers to exercise appropriate caution when evaluating the Historical MRE.

All scientific and technical information relating to Manhattan pertaining to the Historical MRE contained in this news release is derived from the Technical Report dated May 1997 titled "Exploration and Pre-Production Mine Development, Manhattan District Project, Nye County" (the "Historical Technical Report") prepared by New Concept Mining, Inc. The information contained herein in respect of the Historical MRE is subject to all the assumptions, qualifications and procedures set out in the Historical Technical Report and reference should be made to the full text of the Historical Technical Report.

References: (1) Strachan, D. G., and Master, T. D., 2005: Update and Revision of the Gold Wedge Project Development, Nye County. Report prepared for Nevada; Royal Standard Minerals, Inc. and dated March 31, 2005; (2) Dumala, M. R., and Lowry, P., 2025: Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada. Report prepared for Scorpio Gold Corporation and dated October 23, 2025 (with an effective date of June 4, 2025); and (3) Berry, A., and Willard, P., 1997: "Exploration and Pre-Production Mine Development, Manhattan District Project, Nye County". Report prepared for New Concept Mining, Inc. and dated May 1997.

Qualified Person

The scientific and technical information in this news release has been reviewed, verified and approved by Thomas Poitras, P. Geo., Chief Geologist of Scorpio Gold, a "Qualified Person", as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Verification included review of laboratory certificates, review of field logs and chain-of-custody records, inspection of blank/standard/duplicate performance, and review of collar and down-hole survey data. No limitations or failures to verify were identified.

About Scorpio Gold Corp.

Scorpio Gold holds a 100% interest in the Manhattan District located in the Walker Lane Trend of Nevada, USA. Scorpio Gold's Manhattan District is ~4,780-hectares and comprises the advanced exploration-stage Goldwedge Mine, with a 400 ton per day maximum capacity gravity mill, and four past-producing pits that were acquired from Kinross in 2021 (see news release dated March 25, 2021 https://scorpiogold.com/news/scorpio-gold-closes-purchase-of-kinross-manhattan-property-nye-county-nevada/). The consolidated Manhattan District presents an exciting late-stage exploration opportunity, with over 140,000 metres of historical drilling, significant resource potential, and valuable permitting and water rights.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Connect with Scorpio Gold:
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To register for investor updates please visit: scorpiogold.com 
(TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9)

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management as of the date of this news release.

Forward-looking statements in this news release include, among others, statements relating to: the timing, scope and interpretation of assay results; potential for resource growth and discovery; the potential continuity, extent, grade and characteristics of mineralization along the Reliance Trend, Black Mammoth, Gap Zone, Zanzibar Trend and Mustang Hill; the intended follow-up exploration activities and timing thereof; the Company's exploration plans and objectives; expected future drilling programmes; anticipated timing of future disclosures and announcements; and other statements that are not historical facts. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including: that the Company will be able to obtain sufficient financing to complete planned exploration activities; that the Company will be able to obtain necessary permits and regulatory approvals in a timely manner; that exploration results will be consistent with management's expectations; that general business and economic conditions will not change in a materially adverse manner; that equipment and qualified personnel will be available when required; and that the Company's interpretations of geological data are accurate. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may require additional financing from time to time in order to continue its operations, which may not be available when needed or on acceptable terms and conditions; the inherent risks involved in the exploration and development of mineral properties, including uncertainties related to the interpretation of drill results and other geological data; fluctuations in commodity prices; compliance with extensive government regulation and changes in domestic and foreign laws and regulations that could adversely affect the Company's business and results of operations; uncertainties related to obtaining necessary permits and regulatory approvals; risks related to the Company's ability to retain key personnel; environmental risks and hazards; title matters and surface rights issues; competition in the mining industry; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance; and other risks and uncertainties disclosed in the Company's public filings.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305095

Source: Scorpio Gold Corp

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July 14, 2026 02:30 ET  | Source: ProMIS Neurosciences Inc.

PMN310 demonstrated dose-dependent reduction of amyloid-beta oligomers in human cerebrospinal fluid following a single dose in healthy volunteers

Represents one of the first quantitative measures of treatment-related effects on oligomer levels in a clinical trial

Company on track to present six-month blinded interim data from its Phase 1b trial in the coming weeks

Poster to be presented today, July 14, at the 2026 Alzheimer’s Association International Conference® (AAIC)

Cambridge, Massachusetts, July 14, 2026 (GLOBE NEWSWIRE) -- ProMIS Neurosciences Inc. (Nasdaq: PMN), a clinical-stage biotechnology company developing antibody therapeutics and vaccines targeting toxic misfolded proteins in neurodegenerative diseases, today announced the first human evidence of dose-dependent amyloid-beta oligomer (AβO) reduction by its lead Alzheimer’s drug candidate, PMN310, presented at AAIC 2026.

The findings, drawn from analysis of samples collected during the Company's Phase 1a trial in healthy volunteers (NCT06105528), showed that individuals receiving PMN310 exhibited a dose-dependent reduction in detectable AβO in cerebrospinal fluid (CSF) at both three and 29 days after dosing. While healthy individuals carry lower oligomer burdens than Alzheimer's patients, amyloid-beta oligomers are detectable in CSF even in cognitively normal adults, making this a meaningful measure of target engagement. This represents one of the first quantitative demonstrations of treatment-related oligomer reduction in humans.

"These data represent an important milestone for PMN310 and offer evidence supporting our precision medicine approach in treating Alzheimer's disease," said Neil Warma, Chief Executive Officer of ProMIS Neurosciences. "Using CSF samples from our Phase 1a study, subjects receiving PMN310 showed a clear dose-dependent reduction in oligomer particles, which, we believe, represents direct evidence that PMN310 was able to reach the brain and engage its intended target. We are grateful to our partner, attyloid, for their contribution to the assay development that made this possible, and we intend to deploy this assay in our ongoing PRECISE-AD Phase 1b trial to directly measure oligomer burden in Alzheimer's patients before and after treatment."

Dr. Johanne Kaplan, Chief Development Officer, ProMIS Neurosciences said, "A large body of evidence in Alzheimer's disease research indicates that disease pathogenesis is not directly driven by plaque burden, but rather by soluble toxic amyloid-beta oligomers. Selectively targeting oligomers while avoiding plaque could have a meaningful impact on both the efficacy and safety of treatment, reducing off-target binding that limits effective dosing and potentially limiting the ARIA side effects associated with plaque-binding antibodies. We believe the data presented today provide pharmacodynamic evidence supportive of PMN310's differentiated mechanism of action."

Mr. Warma added, “Building on this evidence of target engagement, we look forward to sharing blinded six-month interim data from the PRECISE-AD Phase 1b trial in the coming weeks. This interim analysis will focus on blinded aggregate safety data and overall trends in selected biomarkers across study participants. Top line unblinded results are expected in early Q1 2027." 

Key Results Presented at AAIC
Amyloid-beta oligomers in CSF were measured using surface-based fluorescence intensity distribution analysis (sFIDA) developed by attyloid GmbH, an assay which enables direct quantification of oligomer particles with unprecedented sensitivity. While the assay is currently exploratory, it provides pharmacodynamic evidence of target engagement by PMN310.

Oligomer reduction: Placebo-treated healthy volunteers (N=40) in the Phase 1a trial exhibited low levels of AβO in CSF.  PMN310 administration resulted in a dose-dependent reduction in detectable AβO particles in CSF. Strict oligomer selectivity: PMN310 demonstrated strong binding to AβO with no interaction with monomers by surface plasmon resonance (SPR), and no detectable reactivity with plaques or vascular deposits of Aβ in AD brain tissue sections, representing the potential for a differentiated clinical profile. Favorable pharmacokinetics and tolerability: PMN310 was generally well-tolerated, with CSF concentrations linearly dose-dependent, reaching 100–600 times the estimated molar concentration of AβO, and a CSF half-life of approximately 27 days. Preclinical memory preservation: In a transgenic AD mouse model, PMN310 preserved memory and learning performance in the Morris Water Maze task. AAIC Presentation details

Title:Activity and clinical progress of PMN310 designed to selectively target toxic Aβ oligomers for greater potency in Alzheimer’s diseaseDate/Location:July 14, 2026, Poster presentation, AAIC Exhibit Hall, 7:30 am-4:15pmPresenter:Dr. Johanne Kaplan, CDO, ProMIS Neurosciences
About PMN310 and the PRECISE-AD Trial for Alzheimer’s Disease (AD)

PMN310, ProMIS’ lead product candidate for the treatment of AD, is a humanized IgG1 monoclonal antibody designed to selectively target only the toxic oligomers of amyloid-beta (AβOs), believed to be among the earliest and most damaging drivers of Alzheimer's disease, while avoiding binding to amyloid plaques and vascular deposits. This selectivity may reduce or eliminate the risk of amyloid-related imaging abnormalities (ARIA), including brain swelling (ARIA-E) and microhemorrhages (ARIA-H), which are commonly associated with plaque-binding antibodies. PMN310 was granted Fast Track Designation by the U.S. Food and Drug Administration in July 2025.

Based on encouraging results from a Phase 1a trial (NCT06105528) in healthy volunteers, ProMIS initiated the PRECISE-AD Phase 1b trial to evaluate PMN310 in patients with mild cognitive impairment due to AD or mild AD. PRECISE-AD (NCT06750432) is a randomized, double-blind, placebo-controlled study evaluating the safety, tolerability, and pharmacokinetics of multiple ascending doses (5, 10, and 20 mg/kg) of intravenous PMN310. The study has completed enrollment of 144 participants across the three dosing cohorts who are being treated for twelve months. It is designed to provide meaningful insight into the effects of PMN310 on biomarkers and clinical outcomes.

About ProMIS Neurosciences Inc.

ProMIS Neurosciences is a clinical-stage biotechnology company committed to the discovery and development of therapeutic antibodies and vaccines selective for toxic oligomers associated with the development and progression of neurodegenerative and other misfolded protein diseases. The Company’s proprietary target discovery engine, EpiSelect™, has been shown to predict novel targets known as Disease Specific Epitopes (DSEs) on the molecular surface of misfolded proteins that cause neurodegenerative diseases, including Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS), frontotemporal dementia (FTD), multiple system atrophy (MSA), and Parkinson’s disease (PD). ProMIS has offices in Cambridge, Massachusetts (USA) and Toronto, Ontario (CAN).

Forward-Looking Statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. Statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Specifically, this news release contains forward-looking information relating to the Company’s Phase 1a clinical trial, results of the use of the assay discussed in this release and intent to deploy such assay in the future, the PRECISE-AD Phase 1b clinical trial, target engagement and biomarker findings, the expected timing and nature of blinded interim and topline clinical data of PMN310, its mechanism of action and potential benefits and the Company’s development plans. Statements containing forward-looking information are not historical facts but instead represent management’s current expectations, estimates and projections regarding the future of our business, future plans, strategies, projections, anticipated events and trends, the economy and other future conditions. Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties and assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, the risk that preclinical results or early results may not be indicative of future results. Important factors that could cause actual results to differ materially from those indicated in the forward-looking information include, among others, the factors discussed throughout the “Risk Factors” section of the Company’s most recently filed Annual Report on Form 10-K for the year ended December 31, 2025 and in its subsequent filings filed with the United States Securities and Exchange Commission. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update any forward-looking information, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

For further information:

Visit us at www.promisneurosciences.com

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