Mr. Peter Tagliamonte reports

QGOLD LAUNCHES SUMMER 2026 EXPLORATION CAMPAIGN AT MINE CENTRE

Q-Gold Resources Ltd. has launched its summer 2026 exploration campaign at its Mine Centre project located in Ontario, Canada. The program is anticipated to include detailed field mapping of auriferous veins, systematic channel sampling and targeted diamond drilling designed to advance and expand Q-Gold's exploration pipeline.

The field mapping program is designed to identify and prioritize gold-bearing vein systems north and south of the Foley mine. While certain veins in the area have been previously drill tested, the majority remains untested. Q-Gold intends to identify, map, clear and subsequently channel sample these veins to expand its inventory of high-priority exploration targets.

In parallel, the company will continue to drill test the strike and dip extensions of auriferous veins in the vicinity of the Foley mine, where previous exploration has identified gold mineralization. This work is expected to provide a stronger geological framework for follow-up drilling and target ranking across the broader Mine Centre land package.

The summer 2026 exploration campaign commenced last week with an initial field review and planning visit by Dr. Andreas Rompel, the chief operating officer and vice-president, exploration, of the company, Jason Arnold, PGeo, for Mine Centre, and Aaryn Hutchinson of Critical Discoveries. The site visit focused on validating priority areas, refining field protocols and preparing the program for an efficient start to summer exploration activities.

"We have only scratched the surface of the Mine Centre project," said Dr. Rompel. "Through detailed field mapping, delineation of new gold-bearing veins and systematic channel sampling, we believe this campaign can generate a significantly expanded pipeline of drill-ready targets. To date, we have focused on only five veins. Our objective is to increase that number meaningfully as the program advances."

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Dr. Rompel, PrSciNat, chief operating officer, vice-president, exploration, and a director of Q-Gold, a qualified person within the meaning of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Q-Gold Resources Ltd.

Q-Gold is a Canadian gold development and exploration company focused on advancing high-quality gold assets in North America. The company is led by the Quartz Mountain gold project in Oregon, United States -- a large-scale gold development project with strong economics, long-term scalability and district-scale exploration potential.

Q-Gold remains focused on disciplined project advancement, responsible resource development and long-term shareholder value creation through the development and exploration of high-quality North American gold assets.

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