Announcement • Jun 16

Bravada Gold Corporation Provides Update on Wind Mountain Gold Project, Nevada

Bravada Gold Corporation has advanced key engineering activities designed to move Wind Mountain toward a Pre-Feasibility Study. The Company has engaged RESPEC Company LLC to lead overall project engineering, mine planning, and mine design, Woods Process Services to lead metallurgy, heap leach evaluation, and process design, Confluence Water Resources LLC to lead hydrology, and OAR, LLC to advise on permitting and government relations. As an intermediate step toward advancing Wind Mountain to a Pre-Feasibility Study, the Company plans to issue an updated Preliminary Economic Assessment. The updated Preliminary Economic Assessment is expected to be released in the Third Quarter 2026. The updated Preliminary Economic Assessment will incorporate the October 2025 updated resource, mineralized material from waste dumps generated during AMEX mining operations from 1989 to 1999, updated metallurgical modelling, revised capital and operating cost estimates, and current commodity price estimates. The updated Preliminary Economic Assessment is intended to support the Company's advancement of the Project through the regulatory process and to take advantage of the positive current Federal and State regulatory environment in Nevada. It will also help define the geotechnical, metallurgical, hydrological, and other work required to complete a Pre-Feasibility Study. Joseph Anthony Kizis, Jr. (AIPG CPG-11513), Vice President of Exploration and a Director of Bravada Gold Corporation, is the qualified person responsible for reviewing and preparing the technical data presented in this release and has approved its disclosure. A 2022 Preliminary Economic Assessment for Wind Mountain indicated compelling project economics, supporting the Company's continued work to advance the project through the next stages of development. In addition to Wind Mountain, Bravada maintains significant exploration upside across its Nevada-based property portfolio, including the potential for new discoveries.

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Bravada Gold Corporation Provides Update on Wind Mountain Gold Project, Nevada

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