Mr. Ian Slater reports

BULLFROG GOLD ANNOUNCES CONCURRENT DRILLING AND FIELD PROGRAM AT SOUTH BULLFROG

Bullfrog Gold Corp. will commence drilling at South Bullfrog, focusing on the fully permitted Longtail and Shingleback targets. In addition, Bullfrog Gold will concurrently resume surface exploration on the seven existing target areas and the emerging Frogspawn target area northeast of the Southeast block. Bullfrog Gold is planning to deploy approximately 3,000 metres of diamond drilling at Longtail and Shingleback, with a planned start date of Nov. 28, 2026. Assay results for this drilling program are anticipated in Q1 2027.

Bullfrog Gold holds a 100-per-cent interest in the 10,050-acre South Bullfrog gold project located in the heart of the Beatty district in the Walker Lane trend in Nevada, surrounded by AngloGold's Bullfrog, North Bullfrog and Arthur development projects.

Highlights:

• Drilling to commence at Longtail and Shingleback on Nov. 28, 2026;
• Surface exploration will resume concurrently with the drill program and includes structural and lithological geological mapping, surface alteration confirmation, and a new geochemical leakage sampling program;
• Near-term discovery potential of this covered land position for oxide gold mineralization based on exposed favourable host rocks and widespread hydrothermal alteration.

"After five years of systematically advancing South Bullfrog, we are commencing drilling of these exciting targets in the heart of the Beatty gold district," commented Ian Slater, founder and chief executive officer. "Our ongoing field activities also continue to identify new pipeline targets, including the Tadpole target along the Montgomery-Shoshone fault and the emerging Frogspawn target in the southeast, which consists of extensive alteration and highly anomalous pathfinder minerals in rock samples along splays from the Fluorspar Canyon fault."

Longtail drilling

Longtail emerged as high-priority drill target due to coincident favourable host rocks, north-trending damage zones (faults), alteration (Spectir/Terraspec SWIR (short-wave infrared) silica and clay), pathfinder geochemistry (rocks/soils mercury, arsenic and antimony) and geophysical (magnetics, gravity and IP (induced polarization)) features. Four diamond drill holes to an average depth of 300 metres from three drill pads are planned. These holes are targeting a resistivity anomaly near the confluence of the Longtail and Bonding faults beneath a broad magnetic-low feature. Surface alteration is evident in windows through the shallow alluvial cover with coincident anomalous mercury in rocks and soils.

Shingleback drilling

Shingleback emerged as high-priority drill target due to coincident lithological, structural, alteration (Spectir/Terraspec SWIR silica and clay), pathfinder geochemistry (rocks/soil mercury, arsenic and antimony) and geophysical (magnetics, gravity and IP) features. Four diamond drill holes to a depth of 300 metres from separate drill pads are planned. Multiple holes are permitted from each pad. The first hole is targeting a resistivity anomaly near the confluence of the Basalt and T.S. faults. This brittle damage zone is below an area of extensive silicification and clay alteration in an area with historic shafts, adits and workings.

Surface exploration program

Bullfrog Gold is also commencing a surface program designed to leverage additional lithological and structural mapping, alteration verification, surface rock sampling and leakage sampling focused on fractures to enhance drill targeting. Surface exploration will cover all target areas but will focus on the new Tadpole, the Southeast block and the emerging Frogspawn targets.

Options

Bullfrog Gold has granted 3.9 million stock options at an exercise price of 15 cents, with a five-year term expiring Nov. 10, 2031, to employees, directors and officers of the company.

Technical information

All scientific and technical information in this news release has been prepared by or approved by Daniel MacNeil, PGeo. Mr. MacNeil is the vice-president of exploration for Bullfrog Gold and is a qualified person for the purposes of National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Bullfrog Gold Corp.

Bullfrog Gold holds a 100-per-cent interest in the South Bullfrog gold project consisting of 488 BLM (Bureau of Land Management) claims covering 10,050 acres in the heart of the Beatty district. The district was consolidated between 2021 and 2025 by AngloGold through the acquisitions of Corvus Gold ($371-million (U.S.)), Coeur Sterling ($150-million (U.S.)) and Augusta Gold ($197-million). South Bullfrog is centrally located between AngloGold's Bullfrog, North Bullfrog and Arthur development projects, with gold reserves totalling six million ounces probable (164.65 million tonnes at 1.14 grams per tonne gold) and gold resources (excluding reserves) of 7.6 million ounces measured and indicated (345.24 million tonnes at 0.69 gram per tonne gold) and eight million ounces inferred (320.03 million tonnes at 0.78 gram per tonne gold).

At South Bullfrog, two targets are drill permitted (Longtail and Shingleback), with five additional targets currently being permitted. These drill-ready gold targets are supported by historic workings, surface pathfinder rock and soil geochemistry, surface alteration, magnetic, electromagnetic and gravity geophysics, and favourable host rocks.

We seek Safe Harbor.