Mr. Pablo McDonald reports

SOLSTICE GOLD'S EXPANDED ALPHA IP PROGRAM AND SURFACE GEOLOGICAL PROGRAM UNDERWAY AT STRATHY GOLD PROJECT, $418,000 IN WARRANTS EXERCISED

Solstice Gold Corp. field crews are completing a phase III 26-line-kilometre (km) Alpha induced polarization (IP) survey at its 100-per-cent-owned Strathy gold project. The Strathy project is located in the Temagami greenstone belt, part of the prolific Abitibi subprovince in Ontario. Existing Solstice IP surveys at the project correlate well with the known Leckie and SW gold zones and other recent gold discoveries at the property. Existing IP defines at least eight primary target areas to date. The expanded IP survey will cover newly acquired claims in the core of the project, including the downdip and strike extensions of known gold zones, with coverage extending approximately 2.5 km to the southwest, where very little historical exploration has been carried out.

Applying the successful IP model identifies eight current target areas

Three-dimensional IP signatures are associated within known, near-surface, sulphide-bearing gold zones at the Leckie and SW gold zones. The company has also discovered high-grade and visible gold at the Red Cedar discovery within another large-area IP response (see news release dated Feb. 4, 2026, for details). IP thus forms an important proof of concept for Solstice to apply in the search for extensions of known zones and in identifying new, priority targets in similar structural settings. Continuing modelling has already identified eight target areas. These will be refined using new IP and results and results of continuing surface structural programs. Priority targets will then be targeted for near-term diamond drilling.

New high-priority Silver Birch exploration target identified through continuing surface structural mapping

Detailed structural work is being carried out in key target areas to supplement existing data, to aid in understanding the geological setting on the property and to help guide future drill targeting. This includes the new Silver Birch target, located approximately 1.5 km east of the Leckie gold zone, summarized below.

A review of historical geological mapping (OFR5591, 1986) has identified an overlooked new high-priority exploration target (the Silver Birch target) 1.5 km east of the Leckie gold zone on Solstice claims, and immediately west of the former Big Dan gold mine and east of the Red Cedar discovery. OFR5591 maps arsenopyrite, sphalerite and chalcopyrite associated with a northwest-trending fault. These occurrences were overlooked and are not shown in other OGS publications, or as part of the OGS mineral occurrence database (OMI). This mineralization has been confirmed by current mapping and is associated with faulting interpreted to be related to the adjacent west-dipping Big Dan gold mine fault. The former Big Dan mine and faults are located approximately 300 metres (m) east of Solstice claims. The geological setting exhibits similarities to the nearby Big Dan and Leckie gold zones.

Pablo McDonald, chief executive officer, stated: "This new IP survey represents another step in the first-time application of modern-day exploration techniques in this largely unexplored part of the Abitibi. We now have full control of the 57 square km Strathy project, including the Leckie and SW gold zones, their potential extension along strike and downdip along with newly identified target areas, and any new targets yet to be identified by ongoing, new IP. The combination of IP and drone magnetic surveys as part of high-quality technically focused exploration is designed to identify new targets and to help derisk future drill targeting. Our near-term goal is to: (a) extend known gold zones; and (b) identify and test new targets to demonstrate our belief that the gold system at Strathy is much more extensive than has been documented to date."

Warrant exercise

Solstice also announces the exercise of 4,183,000 warrants for common shares of the company, with an exercise price of 10 cents and an expiry date of Oct. 30, 2026. This cash infusion of $418,333 further strengthens the company's balance sheet and positions Solstice to continue advancing exploration at Strathy. Importantly, a number of these warrants were exercised by company insiders, underscoring their continued commitment and confidence in Strathy.

Mr. McDonald added: "The strong support we've received from Solstice's shareholders, including company insiders, speaks volumes about our exceptional potential here at Strathy. This support allows Solstice to be exceptionally well positioned heading into the end of this year and what we expect to be a highly catalytic first half of 2027."

About Solstice Gold Corp.

Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. The company's 57 square km Strathy gold project hosts high-grade gold mineralization, including visible gold, over a wide area straddling two northeast-southwest-trending structures. It is located in the Abitibi subprovince of Ontario and has never been systematically explored in its history. Alpha IP surveys totalling over 34 line km completed in 2024 and 2025 defined 50 new targets and show that the largest IP anomaly corresponds with the Red Cedar discovery of 8.5 grams per tonne (g/t) gold (Au) over 3.5 m. Follow-up drilling at Red Cedar intersected multiple high-grade intercepts with visible gold, as well as a Leckie-type intercept approximately 600 m from the Leckie gold zone, which has been the focus of more than 23,000 m of historical drilling. The acquisition of the Leckie gold zone consolidates the Strathy gold project, and unlocks, for the first time, the potential to expand the historically significant Leckie gold zone and unlock the substantial potential for future discoveries and resource expansion at Strathy.

The company's Qaiqtuq gold project covers 662 square km, hosts a 10 square km high-grade gold boulder field, is fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km from Rankin Inlet and approximately seven km from the Meliadine gold mine owned by Agnico Eagle Mines Ltd.

The company's district-scale Atikokan gold project is approximately 26 km from the Hammond Reef gold project owned by Agnico Eagle Mines. Its 194 square km Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake camp in Ontario and approximately 45 km from the Red Lake mine complex owned by Evolution Mining.

Solstice is committed to responsible exploration and development in the communities in which it works.

Solstice's chairman, David Adamson, was a co-award winner for the discovery of Battle North Gold Corp.'s Bateman gold deposit and was instrumental in the acquisition of many of the district properties in the Battle North portfolio during his successful 16 years of exploration in the Red Lake.

Paul Chamois, MSc, PGeo, senior geologist, is the qualified person as defined by National Instrument 43-101 standards responsible for reviewing and approving the technical disclosures of this news release.

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