Mr. Richard Drechsler reports

TRIFECTA GOLD ANNOUNCES DRILL RESULTS FROM RYE PROJECT, YUKON

Trifecta Gold Ltd. has received results from its 2026 drill campaign at the Rye project, one of 11 wholly owned Tombstone Gold belt targets where the company is exploring for reduced intrusion-related gold systems (RIRGS) in a belt that includes current and former producers and major new discoveries such as Snowline Gold's Valley deposit. Rye is situated 14 kilometres from the North Canol Road in the eastern portion of Yukon's Tombstone gold belt.

The 2026 program tested the Itsi zone sheeted vein swarm and the Empire fault, a greater-than-one-kilometre-long, north-trending structure with outcropping, vein-hosted tin-silver mineralization. The company completed 1,852 metres in six holes, with highlights detailed in the table below.

"Our systematic exploration process is designed to identify attractive targets and test them for scale in a capital-efficient manner; we will now shift our focus to other exciting prospects within our recently acquired portfolio," stated Richard Drechsler, president and chief executive officer.

RY-26-07 was collared 300 metres north of RY-25-01 and was directed toward the Itsi zone and the Empire fault but deviated from its planned path and did not reach the fault. It cut a copper-silver zone from 165.19 metres to 190.92 metres and a broader gold zone from 256.03 metres to 296.00 metres, in which every sample returned 0.1 gram per tonne gold or more. The gold zone is associated with elevated bismuth (236 parts per million average) and tellurium (1.01 parts per million average), representing the same gold-bismuth-tellurium association identified in hole RY-25-01.

RY-26-08, RY-26-09 and RY-26-11 tested the Empire fault. RY-26-08 and RY-26-09 were collared 140 metre snortheast of hole RY-25-04, which bottomed in 1.97 metres grading 1,465 grams per tonne silver, 0.22 per cent copper and 0.97 per cent WO3 (tungsten trioxide). RY-26-08 successfully reached the fault, intersecting a zone of intensely broken rock and gouge; however, due to drilling difficulties, it failed to cut fully through it. The last two samples from this hole returned 24.7 grams per tonne and 39.3 grams per tonne silver. RY-26-09 was drilled downdip and did not intersect the target structure nor return any significant results. RY-26-11 successfully drilled through the fault zone, which at this location is approximately 15 metres wide. It cut a 1.02-metre sulphide-rich interval carrying 0.19 gram per tonne gold, 192 parts per million bismuth, 1.61 parts per million tellurium and 0.12 per cent copper, immediately followed by 7.39 metres averaging 143 parts per million antimony and 202 parts per million lead.

Holes RY-26-10 and RY-26-12 returned no significant results.

Coming Events

Trifecta Gold management will be attending and/or presenting at the following events:

• Takestock Investor Series -- Calgary, Alta.: Nov. 4, 2026;
• Yukon Geoscience Forum -- Whitehorse, Yukon: Nov. 16 to Nov. 19, 2026;
• Sphene Capital Mining Dinner Series -- Germany: Nov. 23 to Nov. 26, 2026.

Quality assurance/quality control (QA/QC)

All analyses of core samples from the 2026 Rye program were performed by ALS Minerals with sample preparation in Whitehorse and assays and geochemical analyses in North Vancouver. Samples were routinely analyzed for gold by a 30-gram fire assay followed by atomic absorption spectroscopy (Au-AA23) and 48 other elements by inductively coupled plasma mass spectroscopy (ME-MS61L).

Rigorous procedures were in place regarding sample collection, chain of custody and data entry. Certified assay standards, coarse reject duplicates, field duplicates and blanks were routinely inserted into the sample stream to ensure integrity of the assay process. All 23 results for the certified gold standard CDN-W-6 were within three standard deviations of the certified value and 22 of them within two standard deviations, with no systematic bias. All 24 blanks returned less than 0.01 gram per tonne gold. One standard had insufficient material for some overlimit analyses. It was replaced with a certified standard (OREAS 64) for reanalysis of the surrounding samples in three batches, and the results received to date are within acceptable limits. The company considers the QA/QC results acceptable for the purposes of this release.

Technical information in this news release has been approved by Trifecta's vice-president, Jackson Morton, PGeo, a qualified person as defined under the terms of National Instrument 43-101.

Tombstone gold belt

Extending more than 1,000 kilometres from the Fairbanks district in Alaska eastward across the entire width of Yukon, the Tombstone gold belt hosts many large reduced intrusion-related gold system (RIRGS) mines such as Fort Knox in Alaska (greater than 10 million ounces), Eagle and Olive in Yukon (greater than four million ounces), and the past-producing Brewery Creek mine, also in Yukon. Since May, 2020, over 20 million additional ounces of gold have been discovered in the Yukon portion of the belt, including Snowline Gold's Tier 1 Valley discovery, Sitka Gold's RC deposit, Banyan Gold's AurMac deposits and Victoria Gold's Raven deposit.

Tombstone gold belt systems are characterized by sheeted, auriferous quartz veins forming in the carapace zones of Cretaceous-age plutons. They have a characteristic geochemical signature with a gold-bismuth-tellurium-plus-or-minus-tungsten core within a broader gold-arsenic halo. The deposits are found within and surrounding the reduced intrusions and typically exhibit a geophysical signature comprising a magnetic low (that is, reduced) coinciding with a conductivity low. Veining in RIRGS is typically zoned with a core of sheeted veins surrounded by more discrete gold-arsenic veins and more distal silver-lead-zinc veins.

About Trifecta Gold Ltd.

Trifecta is a Canadian-based precious metals exploration company dedicated to increasing shareholder value through the discovery and development of 100 per cent held gold projects in mining-friendly jurisdictions. Trifecta holds a 100-per-cent interest in Mount Hinton and 10 other highly prospective, intrusion-related gold projects located in Yukon's Tombstone gold belt, where over 20 million ounces of gold have been discovered since May, 2020. The company's Eureka project hosts an eight-kilometre-by-2.5-kilometre belt of surface showings and anomalous gold-in-soil that straddle the headwaters of two of the most productive placer creeks in Yukon's southern Klondike goldfields. Trifecta's Treble project covers a large hydrothermal system, located midway between Western Copper and Gold Corp.'s Casino deposit, the largest copper and gold deposit in Yukon, and Rockhaven Resources Ltd.'s Klaza deposit, a high-grade gold-silver deposit. The company's Yuge (Pearl gold) project, located in northern Nevada, is under option to Nortec Minerals.

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