Mr. Bill Morton reports

CARIBOO ROSE CUTS 44.4 METERS OF 1.51 G/T GOLD EQUIVALENT AT LIGHTNING STRIKE

Cariboo Rose Resources Ltd. has released the results of two diamond drill holes recently drilled on its 100-per-cent-owned, 4,193-hectare, Lightning Strike gold-silver project, located 60 kilometres northeast of the community of 100 Mile House in British Columbia. Two holes totalling 568 metres (m) were completed.

Lightning Strike is host to orogenic sediment-hosted gold-silver mineralization conceptually analogous to the giant Asian deposits of Muruntau and Sukhoi Log, and in a geological setting similar to the Spanish Mountain and Frasergold (FG) occurrences located 110 kilometres and 40 kilometres north, respectively. It is situated on the eastern edge of the Quesnel terrane, separated from the Slide Mountain and Kootenay terranes to the east by the Eureka thrust. The property is dominantly underlain by argillaceous Nicola Group sediments (Mesozoic), with Nicola volcanic rocks occurring to the west.

Historical work at Lightning Strike by Homestake Mining in 1984 and later by Skygold Resources Ltd. (now Spanish Mountain Gold Corp.) discovered an area of gold and silver mineralization in the western part of the current claim block. Trenching here uncovered quartz-carbonate boulders with gold values to 25.1 grams per tonne (g/t) gold and silver values to 216.8 g/t silver. The target was drilled from 2008 to 2010 with 31 diamond drill holes completed. All of the drill holes returned at least one anomalous to strongly mineralized gold intercept. Cariboo Rose first staked and conducted work on the claims in 2019, carrying out geological reconnaissance, soil sampling, claim expansion and two reverse circulation drill programs since that time.

Summary of 2025 diamond drill results

A summary of 2025 diamond drill results is provided in an attached table.

Gold equivalent represents the combined value of gold and silver in one tonne of rock divided by the value of gold in one tonne of rock grading 1.00 g/t gold at $4,000 per ounce (oz) gold and $80 per oz silver.

Hole LSD25-01, with an intercept of 44.4 metres (m) grading 0.77 g/t gold and 37.1 g/t silver (1.51 g/t gold equivalent), demonstrates the great potential of the road-accessible, Lightning Strike project.

Significant historical drill intercepts at Lightning Strike include 0.77 g/t gold over 54.0 m, 3.42 g/t gold and 228.1 g/t silver over 5.0 m, 2.88 g/t gold over 24.0 m and 8.84 g/t gold over 7.5 m. These holes, all drilled more than 10 years ago, predominantly do not report silver values (results have been sourced from assessment reports filed with the B.C. government and consequently they should be viewed with some caution).

Core, 4.5 centimetres (cm) in diameter, was cut lengthwise using a diamond bladed saw and sampled on approximately one m increments with one-half placed in a sample bag and one-half stored off site for future work. Analyses were performed by MSA Labs, of Langley, B.C. (an ISO 17025-accredited company completely independent of Cariboo Rose) using photon assay instrumentation and protocols (including the insertion of standards).

Photon assay is an X-ray assay procedure where samples are bombarded with high-energy X-rays, causing excitation down to the nucleus level and allowing enhanced analysis of gold, silver, copper and complementary elements. It is an environmentally friendly alternative to fire assay. Typically, samples are crushed and approximately 500 grams of the material is split into jars, which are placed into the unit for analysis (MSA Labs schedule of services).

J.W. (Bill) Morton, PGeo, a director of Cariboo Rose Resources and a qualified person under National Instrument 43-101, has reviewed and approved this news release.