New Risk • May 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (229% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.0m market cap, or US$9.44m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • May 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.5m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (206% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.5m market cap, or US$9.91m). Announcement • Apr 22
Gold Hunter Resources Completes Ai-Assisted Targeting At Great Northern Ahead of Inaugural Drill Program Gold Hunter Resources Inc. announced the completion of a machine-learning based targeting analysis by Windfall Geotek Inc. across its district-scale Great Northern Project in northwest Newfoundland, Canada. The analysis generated 40 gold exploration targets, including five high-priority areas confirmed by both models. Together with the Company's geophysical survey completed in October 2025, these results form part of Gold Hunter's data-driven technical workflow informing its fully funded inaugural diamond drill program of up to 10,000 metres. Contractor tendering is underway, and mobilization preparations will follow shortly. Gold Hunter engaged Windfall Geotek to apply its proprietary AI System across the extensive dataset compiled at the Great Northern Project, drawing on 398 drillholes containing 23,493 gold assays, 7,850 surface rock samples, and geophysical data, including the Company's first-ever district-scale VTEMTM Plus and Horizontal Magnetic Gradiometer survey completed in October 2025. The AI System identifies areas that share geological characteristics with previously reported mineralized occurrences, providing an additional layer of support for the Company's technical team. Key parameters and results are as follows: · Two models were applied: Model 1 covered 864.30 km² and Model 2 covered 286.37 km² · Model 1 training dataset: 20,709 gold assays of which 2,231 met the Au 0.5 ppm threshold · Model 2 training dataset: 29,861 gold assays of which 5,072 met the Au 0.5 ppm threshold · 40 gold exploration targets generated in total: o 9 targets from Model 1 at a 90% similarity threshold o 31 targets from Model 2 at a 70% similarity threshold o Higher similarity thresholds indicate a stronger match to known mineralized signatures · 5 highpriority areas identified by both models, representing elevated zones for followup evaluation The resulting target maps are consistent with existing geological interpretations within the project area and outline additional zones for followup evaluation. Several targets spatially correspond to previously reported mineralized occurrences and historical assay results. The Company believes this information may assist in prioritizing areas for further technical review ahead of the 2026 drill program.