Announcement • Jun 18

Relevant Gold Corp. Reports Results from South Pass Vtem Survey and Identifies High-Priority Drill Targets

Relevant Gold Corp. completed a 2,807 line-km Versatile Time Domain Electromagnetic (VTEM) and magnetics survey across its 100%-owned South Pass Gold Camp in Wyoming, USA. The survey identified 44 EM anomalies, including 15 high-priority targets, and outlined structural corridors at Lewiston that are traceable for more than 3 kilometres along strike and to more than 400 metres depth. Several high-priority targets coincide with known gold-bearing structures, historic workings, surface geochemical anomalies and projected extensions of mineralized trends identified through the Company's 2024 drilling and 2025 exploration programs. 44 EM anomalies were identified across South Pass, including 15 high-priority targets and approximately 20 additional favorable targets. Results reveal structural corridors traceable for more than 3 km along strike and to more than 400 depth at Lewiston. Several high-priority targets occur within the Burr-Lewiston corridor and along projected extensions of mineralized structures identified through the Company's 2024 and 2025 drilling, mapping and sampling programs. Priority anomalies coincide with multiple independent exploration indicators, including known gold-bearing structures, historic workings, mapped shears, surface geochemistry, and magnetic anomalies. Results provide additional subsurface targeting vectors for the Company's planned 2026 drill program at Lewiston and broader follow-up work across the rest of the South Pass Gold Camp. The VTEM survey was designed to improve the Company's understanding of structural architecture, alteration distribution and potential controls on mineralization throughout the South Pass Gold Camp, especially the Lewiston-Burr zone. The airborne survey was completed on 75 m line spacing and generated high-resolution resistivity and magnetic datasets to help identify concealed structures, conductive features and magnetic anomalies for drill targeting and target ranking. Interpretation of the VTEM data indicates that numerous conductive and resistive anomalies occur along major structural corridors already recognized through geological mapping, historical mining activity, geochemical sampling and previous drilling. Several of the highest-priority VTEM anomalies occur along projected extensions of structures intersected during the Company's 2024 Burr drill program, providing an important link between geophysical responses and known mineralized trends. This interpretation is further supported by the Company's 2025 mapping and sampling program at Lewiston, which extended the Burr mineralized trend by more than 2.5 km southwest of the 2024 drill area and identified multiple parallel mineralized shear corridors in the southern Lewiston area. Electromagnetic responses may reflect a range of geological conditions, including lithology, structure, hydrothermal alteration, sulfide mineralization, groundwater and/or clay-rich zones. At South Pass, the conductive features identified by the VTEM survey are interpreted to reflect one or more of the following: Sulfide-bearing shear zones that may contain pyrite, pyrrhotite and arsenopyrite; Graphitic or reactive sedimentary horizons that may act as favourable traps for gold mineralization; and Linear zones of hydrothermal alteration and fluid flow along major structural corridors. Preliminary inversion and plate modelling indicate that prioritized EM anomalies exhibit low apparent resistivity and/or resistivity gradients, steeply dipping geometries consistent with structurally controlled mineralization, depth extents ranging from near surface to several hundred metres vertically, and strike continuity along known and interpreted structural corridors. Conductive anomalies are exploration targets and do not, on their own, confirm the presence of gold mineralization. Follow-up mapping, ground verification, geophysical refinement and drilling are required to evaluate the significance of individual anomalies. Several anomalies occur adjacent to historic workings and along interpreted extensions of known mineralized trends. The Company believes these relationships support the interpretation that the VTEM survey is identifying components of a broader structurally controlled gold system rather than isolated geophysical features. Conductive bodies and linear resistivity gradients identified by the survey spatially coincide with known gold-bearing structures, surface geochemical anomalies and mapped zones of alteration. Previous 2024 drilling depth is shown for reference. The 44 VTEM anomalies were ranked using EM response, geometry, depth persistence, magnetic association, and proximity to interpreted structures and known mineralization. Relevant Gold plans to advance priority VTEM targets through a phased exploration program designed to refine and prioritize structurally favourable zones ahead of drilling. Planned follow-up work includes: Final drill target ranking and collar selection; Drill testing of the Burr and Sweetwater trends along strike and below historic drilling; Detailed geological mapping and structural interpretation of high-priority targets; Ground verification of prioritized EM features; and Evaluation of additional geophysical methods, including induced polarization (IP). The Company expects this work to further refine target ranking across the South Pass belt. Select targets near South Lewiston may advance toward drilling following additional ground verification and final target ranking, while broader evaluation of regional targets is expected to continue through 2026 and into 2027. The scientific and technical contents of this release have been approved by Mr. Brian C. Lentz, CPG #11999, Chief Exploration Officer of the Company, who is a "Qualified Person" as defined by Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Lentz is not independent of the Company.

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