Mr. Brian McClay reports

GOLDEN PURSUIT RESOURCES ANNOUNCES THE COMMENCEMENT OF THE 2026 MINERAL EXPLORATION PROGRAM AT THE GORDON LAKE PROJECT IN THE NORTHWEST TERRITORIES, CANADA

Golden Pursuit Resources Ltd. has commenced the 2026 mineral exploration program, located in the high-grade Gordon Lake gold mining district of Canada's Northwest Territories.

The program will include a 1,500-line-kilometre unmanned aerial vehicle (UAV) magnetic geophysical survey, together with a rock sampling and geochemistry program designed to refine target areas and advance exploration planning.

The 2026 program is intended to build on historical work and improve the geological understanding of the Gordon Lake property. The UAV magnetic survey will provide high-resolution geophysical data across priority areas of the project, helping to identify structural controls, magnetic anomalies and potential zones of interest for follow-up exploration.

In parallel, the rock sampling and geochemistry program will focus on collecting and analyzing surface samples from key outcrops, showing areas and structurally favourable zones. The results will support geological interpretation and assist in prioritizing future exploration targets.

"We are excited to launch this next phase of exploration at Gordon Lake," said Brian McClay, chief executive officer and president. "The integration of UAV magnetic surveying with systematic rock sampling and geochemical analysis will provide valuable data to guide our exploration strategy and help us better understand the mineral potential of the project."

The 2026 program is being carried out under strict safety and environmental protocols, with field activities planned to minimize disturbance while maximizing data quality and efficiency. Results from the survey and sampling program will be compiled and interpreted as they become available.

About the Gordon Lake project

The Gordon Lake project is located in the Northwest Territories and hosts multiple historical showings and areas of prospective mineralization. The project remains underexplored in several target areas and offers significant potential for future discovery.

Community engagement

Golden Pursuit collaborates with first nation organizations on whose traditional territories its projects are located as well as with the government of the Northwest Territories to advance their strategic interests and discuss opportunities to support community initiatives. The company looks forward to continuing to work with local and regional first nations in all its future exploration programs.

About the Gordon Lake project

The Gordon Lake project, about 80 to 90 kilometres northeast of Yellowknife, NWT, covers 6,850 hectares and includes 18 territorial claims, 13 federal claims and five historic mining leases -- all fully owned by Golden Pursuit. The site features multiple gold showings with a history of exploration and mining dating back to 1937 and continuing into the late 1980s. Located in the Slave structural province of the Canadian Shield's Archean granite-greenstone craton, the property hosts gold-bearing quartz veins and breccia zones primarily in Burwash formation metaturbidite rocks of the Yellowknife supergroup.

About Golden Pursuit Resources Ltd.

Golden Pursuit Resources focuses on gold exploration and fully owns deposits and prospects in the Northwest Territories, Canada, and Nevada, United States, with only royalty obligations on some purchased claims in the Northwest Territories. The Gordon Lake project holds active land and water permits until 2030, supporting exploration and development. The company owns 11 properties with histories of mining and exploration dating back to the 1930s, including five classified as former producers by the Northwest Territories government. It has conducted extensive work at Gordon Lake since 2021.

Qualified person

The technical information in this news release has been reviewed and approved by Stacy Freudigmann, PEng, director of the company. Mr. Freudigmann is a professional engineer (PEng) registered with the Engineers and Geoscientists of British Columbia (EGBC) and Northwest Territories and is a qualified person with respect to National Instrument 43-101.

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