Mr. Anthony Zelen reports

RUSH GOLD CORP. REPORTS ON ASTER IMAGE PROCESSING AND HIGHLIGHTS EPITHERMAL SYSTEM FOOTPRINT FOR SKYLIGHT PROPERTY

Rush Gold Corp. has released the results of a recently completed advanced spaceborne thermal emission and reflection radiometer (ASTER) satellite image processing.

"The ASTER spectral alteration study results at Skylight highlight the presence of a widespread precious metal hydrothermal system," said Anthony Zelen, chief executive officer of Rush Gold. He continued, "These findings give us better insights into Skylight's mineralization, guiding exploration toward targets with the strongest potential to create shareholder value."

Image processing of publicly available ASTER short-wave infrared (SWIR) and near-infrared (VNIR) bands was completed over the Skylight property located 60 kilometres northwest of Tonopah in the Royston Hills in Nye county, Nevada. Skylight ASTER image processing has highlighted the presence of combined north-south-trending lateritic iron, kaolinite clay and silica quartz index anomalies that are interpreted to represent alteration footprint of a low-sulphidation epithermal gold-silver system over 1.2 kilometres.

Prior exploration at Skylight, which included reconnaissance rock and soil geochemical sampling and limited reverse circulation (RC) drilling, indicates that these new alteration anomalies are consistent with anomalous arsenic and silver in soil, gold and silver in rock samples, and RC drilling gold and silver anomalies, in addition to the presence of argillic alteration and dickite clay as identified by hyperspectral analysis of surface rock samples. A technical report for the Skylight property, Nye county, Nevada, United States, prepared by Matthew R. Dumala, PEng, for Rush Gold, with an effective date of Jan. 10, 2025, is filed under Rush Gold's issuer profile on SEDAR+.

The ASTER alteration anomalies are observed to flank surface outcrop mapping, which indicates the presence of a possible preserved silica cap. The combined exploration data set to date at Skylight indicates the presence of a significant potentially intact, low-sulphidation epithermal gold-silver system, which remains largely untested.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, PGeo (British Columbia), principal and consultant of Apex Geoscience Ltd. of Edmonton, Alta., who is a director of Rush Gold and a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data, which included a review of the sampling, analytical and test methods underlying the data, information and opinions disclosed herein.

About Rush Gold Corp.

Rush Gold is a Canadian mining exploration company focused on advancing its Skylight gold property, located in the Republic mining district in Nye county, Nevada, in the United States.

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