Mr. J.W. Morton reports

CARIBOO ROSE BEGINS DRILLING AT LIGHTNING STRIKE GOLD SILVER PROJECT

Drilling has started on Cariboo Rose Resources Ltd.'s 100-per-cent-owned, 4,193-hectare (10,357-acre) Lightning Strike gold-silver project located 60 kilometres northeast of the community of 100 Mile House, B.C. In 2025, two diamond drill holes were completed on this project with one of the holes, LSD25-01, cutting 44.4 metres grading 0.77 gram per tonne gold and 37.1 g/t silver, including 11.9 metres grading 1.58 g/t gold and 109.7 g/t silver. The current program anticipates at least five new drill holes.

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

Historical work at Lightning Strike by Homestake Mining in 1984 and later by Skygold Resources Ltd. (now Spanish Mountain Gold Corp.) in 2008 to 2012 discovered an area of gold and silver mineralization in the western part of the current claim block. Trenching uncovered quartz-carbonate boulders with gold values up to 25.1 g/t gold and silver values up to 216.8 g/t silver. The target was drilled from 2008 to 2010 with 31 diamond drill holes completed. Almost all of the drill holes returned at least one anomalous to strongly mineralized gold or gold silver intercept. Cariboo Rose first staked and conducted work on the claims in 2019, carrying out geological reconnaissance, soil sampling, claim expansion, two reverse circulation drill programs and one diamond drill program since that time.

Significant historical drill intercepts at Lightning Strike include 0.77 g/t gold over 54.0 metres, 3.42 g/t gold and 228.1 g/t silver over 5.0 metres, 2.88 g/t gold over 24.0 metres, and 8.84 g/t gold over 7.5 metres.

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