Announcement • Jul 09
Advanced Gold Exploration Reports High Grade Results from 2026 Silver Belle Mapping and Reconnaissance Program Advanced Gold Exploration Inc. announced the assay results from its spring mapping and sampling reconnaissance program at the Company’s 100% owned Silver Belle project in Nevada. High grade mineralization is present in at least three mineralized zones that were explored over several kilometers by small historic mines and prospects, with the most important being Phillipsburg, Silver Bell, and Mammoth/Champion. The Phillipsburg manto consists of strongly oxidized gossanous replacement of a layer in carbonate rocks along the front of the Diamond Range and is recognized in several small historic mines developed along about 1.5 km of strike. Sampling returned up to 192 g/t Ag, >10% Pb, 2.3% Zn and 0.1% Cu over 1 meter. The Silver Bell mineralized zone consists of quartz veins with galena, sphalerite and stibnite with oxide copper minerals along bedding in a sandstone unit east of the Phillipsburg manto. A sample of the dump at the Silver Bell mine yielded as much as 131 g/t Ag, >10% Pb and > 0.1% Sb, and sampling of similar occurrences 5.5 km along strike to the north yielded 257 g/t Ag over 0.7 meters. A third zone at the Mammoth mine consists of quartz veins in a transverse structure in carbonate rocks structurally between the Phillipsburg manto and the Silver Bell zone. Four samples from the Mammoth vein yielded 142 g/t Ag, 3.2% Pb, 1.9% Zn and 0.2% Cu over about 0.4 meters, with one of the samples reporting Pb >10%. The Silver Belle project covers about 2,000 acres within the Diamond Mining District located 55 km north of the Eureka district that hosts large carbonate replacement deposits CRD as well as sedimentary rock hosted gold deposits. Mineralization at the Silver Belle Project is similar to that at Eureka. At Silver Belle, mineralization was mined from about 1869 to 1887 and two small smelters were operating. Although no records exist from this period, intermittent production from 1936-1955 is recorded at 851,898 oz Ag, 755,100 lbs Pb, 184,520 lbs Zn. Also a 1937 smelter shipment of 21 tons returned approximately 1,611 grams per tonne (g/t) silver (47 ounces per ton (oz/t)), 34% lead, 9% zinc, 1% copper and 0.3% antimony from underground workings. Gold assays pending. Indicated widths are sample lengths, the true thickness/widths of the mineralization are unknown. The primary purpose of the sampling program was to re-establish and validate historic mineralization -- including silver, antimony, tungsten, lead and zinc -- identified within previous production workings and mine prospect pits as part of a NI 43-101 Technical Report. Samples were submitted for gold fire assay and multi-element ICP analysis at Bureau Veritas and Skyline Labs, respectively, both accredited internationally recognized laboratories. Sample preparation and gold fire assays were completed by Bureau Veritas at the Sparks, NV lab; gold assays are pending. Multi-element analyses by Skyline were completed in Tucson by aqua regia digestion and ICP-OES for 31 elements. Control samples consisting of Certified Reference Materials including standard pulps and coarse blanks were inserted into the sample stream at about 1 per 20 samples, with additional blanks in mineralized zones. The exploration program was completed under the direction of Dr. Craig Gibson, a Qualified Person under NI 43-101. Dr. Gibson is preparing the Technical Report on the Silver Belle project. Information on the Eureka district has not been verified by the QP, and there is no guarantee that similar mineralization will be encountered at Silver Belle. The information on the Eureka district is solely being used as an aid in exploration work. New Risk • May 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.6m free cash flow). Shareholders have been substantially diluted in the past year (196% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.46m market cap, or US$3.24m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • May 04
Advanced Gold Exploration Inc., Annual General Meeting, Jun 30, 2026 Advanced Gold Exploration Inc., Annual General Meeting, Jun 30, 2026. Location: british columbia, vancouver Canada 
