Mr. Marco Roque reports

CASSIAR GOLD COMMENCES 2026 EXPLORATION PROGRAM WITH 10,000-METRE PHASE 1 DRILL CAMPAIGN

Cassiar Gold Corp. has officially opened its exploration camp and has launched its fully financed 2026 field season. The company has initiated phase 1 of its 2026 diamond drilling program, targeting 10,000 metres, with drilling commencing at the Taurus deposit in the Cassiar North project area. Concurrently, Cassiar Gold is actively evaluating high-priority targets at Cassiar South, leveraging its extensive district-scale land package and established infrastructure.

2026 exploration program under way

The 2026 exploration campaign marks a significant milestone for Cassiar Gold as the company continues to build on recent successes and expand its resource base. Field crews have mobilized to the Cassiar gold property, and the camp is fully operational to support the coming season's activities.

Key highlights of the 2026 program include:

• Phase 1 drilling at Taurus deposit: The company has commenced an initial 10,000-metre diamond drill program at the Taurus deposit, focusing on resource expansion and infill drilling. The Taurus deposit hosts a substantial near-surface, bulk-tonnage gold resource, inferred: 0.95 gram per tonne gold for 1.93 million ounces of gold in addition to indicated: 1.43 g/t Au for 410,000 ounces of gold, with 91 per cent of ounces occurring within 150 metres of surface, and remains open for expansion laterally and at depth. Drilling will target extensions of known mineralization, stepouts beyond the current resource block model and infill gaps to improve resource confidence.
• Cassiar South target evaluation: In parallel with drilling at Taurus, Cassiar Gold's technical team is conducting field-based investigations and target prioritization at Cassiar South. This area is renowned for its high-grade, past-producing quartz vein systems, which historically yielded over 315,000 ounces of gold at average head grades between 10 and 20 g/t Au. The 2026 program will focus on evaluating extensions of known veins, testing for blind parallel and stacked vein systems, and integrating new geophysical and geochemical data to refine drill targets.
• Priority target evaluation: Newcoast, Hopeful and Snow Creek: As part of the 2026 exploration program, Cassiar Gold is advancing a systematic evaluation of high-priority regional targets across its district-scale property. The technical team is actively integrating geological, geochemical and geophysical data sets to refine and prioritize drill targets at the Newcoast, Hopeful and Snow Creek prospects. At Newcoast, previous drilling has confirmed broad intervals of gold mineralization and the presence of high-grade quartz veining with visible gold, significantly extending the mineralized trend along a four-kilometre prospective corridor (news release dated Jan. 23, 2026). The Hopeful prospect, situated southeast of the Taurus deposit, has seen its mineralized footprint expand to a 475-metre-by-330-metre area, with new parallel veins and vein segments identified during the latest field campaign (management's discussion and analysis dated May 29, 2026). At Snow Creek, continuing analysis of structural and geochemical data is targeting extensions of known mineralization and the identification of new gold-bearing quartz veins in areas with minimal historical exploration. These efforts are designed to unlock additional resource potential and support the company's strategy of district-scale discovery and growth.

Chief executive officer commentary

"We are excited to launch our fully funded 2026 exploration season at Cassiar Gold, with a robust 10,000-metre drill program under way at the Taurus deposit and active evaluation of high-grade targets at Cassiar South," said Marco Roque, president and CEO of Cassiar Gold. "Our team's focus remains on expanding our resource base, advancing high-priority targets and unlocking the full potential of our district-scale property. With strong gold prices, established infrastructure, existing mine permits, and a strong and collaborative relationship with local communities, our team is well positioned to deliver value for our shareholders and stakeholders."

About Cassiar Gold Corp.

Cassiar Gold is a Canadian gold exploration company holding a 100-per-cent interest in its flagship Cassiar gold property located in British Columbia, Canada. The Cassiar Gold property spans 590 square kilometres and consists of two main project areas:

1. Cassiar North, which hosts an updated mineral resource estimate for the Taurus deposit prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by reference in National Instrument 43-101. The pit-constrained MRE contains indicated mineral resources of 8.8 million tonnes at 1.43 grams per tonne gold for 410,000 ounces of gold in addition to inferred mineral resources of 63.2 Mt at 0.95 g/t Au for 1.93 million ounces of gold using a 0.4 g/t Au cut-off grade; 91 per cent of ounces occur within 150 m of surface (see NI 43-101 technical report titled "National Instrument 43-101 Technical Report on the Cassiar Gold Property," prepared by Zelligan, PGeo, and Jolette, PGeo, and dated effective June 8, 2025); and
2. Cassiar South, which hosts numerous gold showings, historical workings and exploration prospects. Historical underground mines in the Cassiar South area have yielded over 315,000 oz of Au at average head grades of between 10 and 20 g/t Au (NI 43-101 technical report titled "National Instrument 43-101 Technical Report on the Cassiar Gold Property," prepared by Zelligan, PGeo, and Jolette, PGeo, and dated effective June 8, 2025), underscoring the high potential for further discovery and expansion of high-grade orogenic gold veins.

The company also holds a 100-per-cent interest in properties covering most of the Sheep Creek gold camp located near Salmo, B.C., Canada. The Sheep Creek gold district ranks as the third largest past-producing orogenic gold district in British Columbia from 1900 to 1951. Minimal exploration work has been conducted since the 1950s.

Qualified persons

Jill Maxwell, PGeo, Cassiar Gold's vice-president, exploration, who is a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this press release.

Cassiar Gold acknowledges, respects and supports the rights of traditional first nations in the lands and communities where it operates.

We seek Safe Harbor.