Mr. David Kol reports

ZODIAC GOLD COMMENCES NEW DRILLING PROGRAM OF UP TO 5,000 METRES AT FLAGSHIP ARTHINGTON GOLD DISCOVERY

Zodiac Gold Inc. has commenced a new diamond drilling program at its flagship Arthington discovery, a cornerstone of the company's district-scale 2026 exploration strategy along the highly prospective 16-kilometre Monterra trend at the Todi gold project in Liberia.

Key objectives:

• The program is expected to comprise a minimum of 3,000 metres of drilling, with scope to expand to as much as 5,000 metres depending on assay results and the continuity of mineralization encountered.
• Exploration will be completed using a diamond drill rig, with the possibility of adding a second rig in fourth quarter 2026 to accelerate drilling and turnaround of results.
• Drilling at Arthington will run concurrently with the company's continuing exploration activities at the Ben Ben to Youth Camp targets located along strike to the southeast.
• This program is designed to:
  • Aggressively expand known mineralization both along strike and at depth;
  • Sharpen geological confidence through materially increased drill density; and
  • Drive the company toward a planned mineral resource estimate.
• Critically, drilling is also intended to demonstrate the broader-scale potential of the Arthington discovery and, together with the continuing exploration at the Ben Ben and Youth Camp targets, unlock the substantial district-scale opportunity across the Monterra trend.

"We are extremely excited to commence this next phase of drilling at our flagship Arthington discovery," stated David Kol, president and chief executive officer of Zodiac Gold. "Following three highly successful drilling campaigns totalling more than 6,800 metres and an exceptional mineralization hit rate, we believe Arthington is evolving into a significant gold system with substantial growth potential. This 3,000-metre program is designed to materially expand the known mineralized footprint along strike and at depth while increasing drill density in support of our planned mineral resource estimate, and we are prepared to increase the program to as much as 5,000 metres should results continue to warrant it.

"Importantly, we believe this new drill campaign has the potential to significantly increase our resource base and further demonstrate the district-scale nature of the Monterra trend. With more than 16 kilometres of highly prospective strike length and multiple mineralized targets already identified, we are only beginning to unlock the value of the Monterra trend. As we continue to advance Arthington and simultaneously explore the Ben Ben to Youth Camp corridor, as well as our ongoing regional exploration programs, we believe Zodiac is positioning itself to define a substantial gold district capable of supporting long-term growth and creating significant value for our shareholders."

Arthington discovery key exploration highlights to date:

• 6,836 metres completed in 39 diamond drill holes;
• A series of northwest-trending mineralized zones dipping to the southwest, hosted in sheared amphibolite on the regional-scale Todi shear zone, is interpreted to extend for 850 m on a northwestern trend;
• Significant intersections reported in 37 holes of 39 holes; an exceptional hit rate for an early-stage greenfield discovery; highlights include wide zones with intervals of exceptional grade up to 55.90 grams per tonne gold:
  • 18.00 metres at 4.67 g/t Au (including 1.00 metre at 55.90 g/t Au);
  • 9.65 metres at 7.50 g/t Au (including 3.00 metres at 20.36 g/t Au);
  • 6.00 metres at 10.60 g/t Au (including 3.00 metres at 20.45 g/t Au);
  • 25.90 metres at 2.10 g/t Au (including 9.14 metres at 4.20 g/t Au);
• Total four-plus-kilometre soil anomaly at the Arthington target; three-plus kilometres of soil anomalism to the west of the current model for the Arthington discovery;
• A single drill hole 1.1 km to the west of the modelled mineralized zones returned 1.05 m at 8.98 g/t Au and seven m at 0.33 g/t Au; the sampling of 13 trenches to the west of the Arthington discovery returned grades up to 32.8 g/t Au; channel sampling in an artisanal pit 340 m west of the Arthington discovery returned results of 17 m at 0.7 g/t Au, including four m at 1.99 g/t Au and one m at 1.47 g/t Au.

Qualified person

Tom Dowrick, director of exploration at Zodiac Gold, is a chartered geologist of the Geological Society of London and a qualified person as defined by National Instrument 43-101. He has reviewed and approved the technical and scientific information contained in this release.

About Zodiac Gold Inc.

Zodiac Gold is a West African gold exploration company focused on its flagship Todi gold project in Liberia -- an underexplored, politically stable, mining-friendly jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi shear zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast 2,316-square-kilometre land package. The Todi gold project has undergone derisking, showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, of which two have been drilled delivering high-grade gold intercepts.

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