Equity Metals Reports First Assays from No. 3 North 2025 Expansion Drilling, Including 540 g/t AgEq over 3.5m, Silver Queen Property, BC

Equity Metals Corporation (TSXV: EQTY,OTC:EQMEF) ("Equity") reports initial assay results from the Summer '25 drill program on its 100% owned Silver Queen Au-Ag project, British Columbia, which include new assays from five holes that tested the extension of the No. 3 North target.

Assay highlights from the first five holes include:

A 3.5 metre (Est. TT) interval grading 2.3g/t Au, 167g/t Ag, 1.3% Cu, 0.3% Pb and 2.0% Zn (536g/t AgEq or 7.4g/t AuEq) including a 0.7 metre (est. TT) interval averaging 2.8g/t Au, 491g/t Ag, 4.5% Cu, 0.8% Pb and 6.1% Zn (1,374g/t AgEq or 19.0g/t AuEq) from SQ25-148;
A 1.7 metre (Est. TT) interval grading 3.7g/t Au, 39g/t Ag, 0.2% Cu, 0.5% Pb and 13.8% Zn (788g/t AgEq or 10.9g/t AuEq) including 0.9 metre (est. TT) interval averaging 6.3g/t Au, 30g/t Ag, 0.2% Cu, 0.2% Pb and 18.7% Zn (1,123g/t AgEq or 15.5g/t AuEq) from SQ25-148; and
A 2.4 metre (Est. TT) interval grading 0.6g/t Au, 12g/t Ag, and 7.4% Zn (305g/t AgEq or 4.2g/t AuEq) including a 0.5m interval grading 1.8g/t Au, 39g/t Ag, and 34.9% Zn (1,331g/t AgEq or 18.4g/t AuEq) from SQ24-151.

These results represent the first set of intercepts from drill targets that tested down-dip of previously reported mineralization identified in 2024 drilling. Mineralization along this 150-metre segment has now been extended to over 350 metres below surface, and drilling confirms the down-dip continuity of the No. 3 Vein in this area. Several additional veins have been intersected in drilling and include a copper-enriched hanging wall vein and deeper vein intercepts that correlate with the No. 2 vein, which is described in historical records and was intersected in 2024 drilling. All of the veins remain open for further delineation and extension.

VP Exploration Rob Macdonald commented, "Drilling on the northern extension of the No 3 Vein continues to build on the impressive results of the company's 2024 drilling program, developing continuity in the lateral and down-dip projections. These are the first assays returned from the 2025 program and drilling is ongoing. With 5,040 metres currently completed of the planned 6,000 metre program, the Company anticipates more positive news flow over the coming months."

Figure 1: Plan of Silver Queen project area

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https://images.newsfilecorp.com/files/5566/261880_884329b5a4ecf961_002full.jpg

Figure 2: No.3 North Longitudinal Section showing historical and 2024-25 drill intercepts. Historical Intercepts are semi-transparent. Drill holes with assays pending are shown in green

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2025 Drilling Summary

Drilling in 2025 continues to confirm the grade, tenor and lateral extension of mineralization beyond the northern end of the No. 3 Vein resource model. Fifteen core holes totalling 5,040 metres have been completed to date of a planned 6,000 metre program. Work in 2025 will continue to incorporate the new drill data into revised exploration and resource models, in anticipation of a Mineral Resource update to be prepared in late 2025 and to continue exploration on the ever-expanding Silver Queen vein system continuing into 2026.

The No. 3 Vein system contains the single largest resource currently identified on the Silver Queen property, and with its southern extension, the NG-3 Vein, accounts for 65% of the currently modelled mineral resource on a AgEq basis. Any extensions to the No. 3 Vein remain highly accretive to the current mineral resource. The updated NI43-101 Mineral Resource Estimate with effective date December 1^st, 2022 is detailed in a News Release issued on Jan 16, 2023, which can be found by clicking here and the full Technical Report can be found on SEDAR and the Company's website.

Table 1: Select Composites from 2024 Drilling on the No. 3 North Target

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Notes: drill core samples were analyzed by FA/AAS for gold and 48 element ICP-MS by MS Analytical, Langley, BC. Silver (>100ppm), copper, lead and zinc (>1%) overlimits assayed by ore grade ICP-ES analysis, High silver overlimits (>1000g/t Ag) and gold overlimits (>10g/t Au) re-assayed with FA-Grav. Silver >10,000g/t re-assayed by concentrate analysis, where a FA-Grav analysis is performed in triplicate and a weighed average reported. Downhole composites calculated using a 80g/t AgEq (1g/t AuEq) cut-off and Au 70%, Ag 80%, Cu 80%, Pb 81% and Zn 90%.

About Silver Queen Project

The Silver Queen Project is a premier gold-silver property with over 100 years of historic exploration and development and is located adjacent to power, roads and rail with significant mining infrastructure that was developed under previous operators Bradina JV (Bralorne Mines) and Houston Metals Corp. (a Hunt Brothers company). The property contains an historic decline into the No. 3 Vein and the George Lake Vein, camp infrastructure, and a maintained Tailings Facility.

The Silver Queen Property consists of 46 mineral claims, 17 crown grants, and two surface crown grants totalling 18,871ha with no underlying royalties. Mineralization is hosted by a series of epithermal veins distributed over a 6 sq km area. More than 20 different veins have been identified on the property, forming an extensive network of zoned Cretaceous- to Tertiary-age epithermal veins. The property remains largely under-explored.

About Equity Metals Corporation

Equity Metals Corporation is a member of the Malaspina-Manex Group. The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest (57.49%) in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. As well, the Company has an option to acquire a 100% interest in the Arlington Property, located within the Boundary District of south-central British Columbia where 2025 exploration work consisted of geophysics and diamond drilling designed to identify and delineate an apparent gold system. The Company is fully funded to undertake proposed 2025 exploration and development at Silver Queen and Arlington.

Robert Macdonald, MSc. P.Geo, is VP Exploration of Equity Metals Corporation and a Qualified Person as defined by National Instrument 43-101. He is responsible for the supervision of the exploration on the Silver Queen project and for the preparation of the technical information in this disclosure. He has approved the release of this news release.

On behalf of the Board of Directors

"Joseph Anthony Kizis, Jr."

Joseph Anthony Kizis, Jr., P.Geo
President, Director, Equity Metals Corporation

For further information, visit the website at https://www.equitymetalscorporation.com; or contact us at 604.641.2759 or by email at corpdev@mnxltd.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Equity Metals Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

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Equity Metals Drilling Underway on the Silver Queen Ag-Au Property, British Columbia

Equity Metals Corporation (TSXV: EQTY) ("Equity" or the "Company") reports that drilling is underway on the 100% owned 18,871 ha Silver Queen Property, northern British Columbia. Four holes totaling 1,422 metres of the planned 18 hole, 6,000 metre 2025 drill program have been completed to date, with the current holes testing down-dip of higher-grade mineralized intercepts from the 2024 drilling (see Figure 2 and 2024 highlights below). Subsequent drilling will continue testing along strike, up to 400 metres laterally to the northwest. Drill core is being logged and sampled for analyses with assays anticipated in the coming weeks.

The 2025 drill program is a continuation of drilling completed in Q4/24, which successfully confirmed both the grade and tenor of mineralization beneath historical underground workings beyond the northwestern end of No. 3 resource blocks. Drilling at that time extended the projection of the No. 3 Vein for 400 metres strike-length and to over 250 metres depth below surface. Mineralization remains open both laterally and at depth, and expanding projections of that mineralization is the target of the current 2025 drill program on the property.

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Kobo Resources to Recommence 2025 Drill Program at the Kossou Gold Project; Appoints Industry Veteran to Support Technical and Regional Growth Strategy

12,000 - 15,000 m diamond drill program to expand gold zones and advance toward a maiden Mineral Resource Estimate at the Kossou Gold Project
New strategic advisor appointed to support technical execution and identify regional growth opportunities in Côte d'Ivoire and across West Africa
Strong investor demand leads to upsized private placement, increasing from $3.0 million to approximately $4.2 million

Kobo Resources Inc. (" Kobo " or the " Company ") ( TSX.V: KRI ) is pleased to announce that it will commence up to 10,000 - 15,000 metre (" m ") of diamond drill program at its 100%-owned Kossou Gold Project (" Kossou ") in Côte d'Ivoire on September 4, 2025, with two diamond drill rigs mobilized to site. In addition, the Company is strengthening its strategic and technical capabilities through the appointment of a highly experienced industry veteran as a consultant and advisor to support its growth initiatives across West Africa.

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NevGold Announces Entry Into Standstill With GoldMining

Nevgold Corp. (" NevGold " or the " Company ") ( TSXV:NAU,OTC:NAUFF) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce that it has entered into a standstill agreement with GoldMining Inc. (" GoldMining "), pursuant to which GoldMining has agreed not to, directly or indirectly, sell common shares of NevGold through open market transactions for a period of 18 months subject to certain customary exceptions. GoldMining holds, and has control and direction over, 19,073,350 common shares, representing approximately 16.7% of the Company's outstanding common shares.

NevGold CEO, Brandon Bonifacio, comments: "We are pleased to execute this Standstill Agreement with GoldMining, which prohibits selling, transferring or disposing NevGold shares for a period of 18 months through open market transactions. The Company will have an extremely active end to 2025, and we will have more updates out shortly from our Limousine Butte (oxide gold-antimony), Nutmeg Mountain (oxide gold), and Zeus (copper) projects."

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Cartier Launches Ambitious 100,000-m Drill Program on Cadillac

Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR,OTC:ECRFF; FSE:6CA) is pleased to announce it has started the fully funded 100,000-metre diamond drilling program on its 100%-owned Cadillac Project in Quebec. Strategically located in the heart of the prolific Val-d'Or gold belt, the project benefits from exceptional proximity to mining and milling infrastructure and qualified workforce.

" This is the most extensive drilling program ever undertaken on Cadillac and a turning point for Cartier. Our objective is clear: to prove Cadillac's scale as a major gold camp. With this campaign now underway, we are confident the results will highlight the project's potential to deliver meaningful value for our shareholders ." – Philippe Cloutier, President and CEO of Cartier.

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1911 Gold Commences PEA on True North Project and Provides Update on Underground Progress

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB,OTC:AUMBF) (OTCQB: AUMBF) (FRA: 2KY) is pleased to announce that it has engaged AMC Consultants ("AMC") of Toronto, Canada to complete a Preliminary Economic Assessment ("PEA") study on the Company's wholly-owned True North Gold Project, located in Manitoba .

The PEA will evaluate the potential restart of underground mining operations at the True North mine, utilizing the existing permitted 1,300 tonne-per-day processing facility in Bissett . AMC will assess development and mining method scenarios based on the Company's current mineral resource estimate and extensive underground infrastructure, while referencing the Company's own internally developed mine plans. While the PEA will not incorporate results from recent and planned drilling, management believes that continued exploration success may provide significant upside beyond the scope of this assessment.

"Initiating a PEA with AMC is a critical milestone as we advance the True North Mine toward a restart," stated Shaun Heinrichs , President and CEO of 1911 Gold. "We intend to use the results of the PEA, together with delineation drilling to be completed in the fall on two bulk sample target zones, to finalize plans for a trial production run in mid-2026. This initial trial mining campaign, expected to last 3 - 5 months, will provide an important step toward demonstrating the planned mining and development methods, as well as confirm the resource and economics."

The Company anticipates delivering the PEA by the first quarter of 2026, which will provide the foundation for redevelopment planning and engagement with key stakeholders.

Underground Status Update

Momentum underground continues to build, with rehabilitation work nearing completion on Level 16 and other supporting levels in preparation for the next phase of drilling. Hancon Mining Ltd. mobilized crews to the site in August to complete critical rehabilitation and infrastructure upgrades required for drill access, with rigs scheduled to arrive in late September.

Further information on the planned drill program will be provided closer to the commencement date, with a total of 30,000 metres planned over the next several quarters. Drilling will include:

Exploration drilling focused on expanding the size potential of the recently discovered San Antonio West and San Antonio Southeast zones located adjacent to the historically mined San Antonio zone, within reach of existing underground workings.
Delineation drilling on the bulk sample target zones identified for early trial mining.
Resource expansion drilling to test extensions of resources scheduled for near-term production upon completion of the PEA.

These programs, together with the planned trial mining campaign, will deliver critical technical data to validate mining methods, inform development decisions, and unlock additional exploration opportunities across the broader True North Gold Project.

About 1911 Gold Corporation

1911 Gold is a junior gold developer with a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba . The Company also owns the True North mine and mill complex at Bissett, Manitoba , providing a fully permitted infrastructure hub to support future development. 1911 Gold believes its land package represents a prime opportunity to build a new mining district centred on the True North complex.

In addition, the Company holds the Apex project near Snow Lake, Manitoba , and the Denton-Keefer project near Timmins, Ontario , and remains focused on advancing organic growth while pursuing accretive acquisition opportunities across North America .

1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking information and statements, collectively ("forward-looking statements"), within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, predictions, projections, forecasts, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about exploration plans and the timing and results thereof, as well as statements relating to the plans and timing for the potential mining operations at the True North Project, including trial mining and the benefits therefrom, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE 1911 Gold Corporation

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Hole #	From (m)	To (m)	Interval (m)	Au (g/t)	Ag (g/t)	Cu (%)	Pb (%)	Zn (%)	AuEq (g/t)	AgEq (g/t)	Comments

SQ22-072	82.5	83.2	0.7	4.5	232	0.5	0.1	0.2	8.4	633

SQ22-072	160.7	162.5	1.8	0.7	47	0.8	0.1	0.5	2.7	200	43% dilution
inc.	160.7	161.5	0.8	1.5	68	1.3	0.1	0.8	4.5	339

SQ22-072	215.7	216.6	0.9	1.5	31	0.0	1.3	5.6	5.3	400

SQ22-072	348.2	350.2	2.0	0.7	19	0.1	0.2	2.0	2.1	161	60% dilution
inc.	348.2	348.7	0.5	1.7	40	0.0	0.7	6.7	5.9	445

SQ22-072	377.7	378.8	1.1	0.8	199	0.5	3.6	3.1	7.3	544
inc.	377.7	378.1	0.4	1.3	427	1.0	7.1	3.2	13.2	989

SQ22-072	385.4	386.4	1.0	0.3	72	0.0	1.4	6.7	5.4	402

SQ22-072	396.0	397.2	1.2	1.0	802	2.1	0.8	2.0	15.8	1183
inc.	396.3	396.8	0.6	2.1	1705	4.3	1.6	4.1	32.9	2470


SQ22-073	71.2	72.6	1.4	0.2	228	0.0	0.1	0.8	3.7	277
inc.	71.5	71.8	0.3	0.3	396	0.1	0.1	2.2	6.9	516

SQ22-073	91.1	92.9	1.8	0.0	139	0.0	0.0	0.1	1.9	143	37% Dilution
inc.	92.7	92.9	0.3	0.0	717	0.0	0.0	0.1	9.7	726

SQ22-073	138.1	139.9	1.8	0.1	173	0.0	0.1	0.4	2.7	201
inc.	138.1	138.4	0.3	0.6	301	0.0	0.2	0.6	5.0	374

SQ22-073	161.7	169.4	7.7	0.0	274	0.0	0.1	0.3	3.9	294
inc.	169.1	169.4	0.3	0.1	2043	0.0	1.0	0.6	28.1	2110


SQ22-074	44.3	44.8	0.5	1.2	1470	0.1	0.2	0.8	21.3	1600

SQ22-074	78.2	78.9	0.7	0.0	184	0.0	0.0	0.0	2.5	187

SQ22-074	206.3	206.5	0.3	0.7	54	0.0	0.8	4.3	3.9	295


SQ22-075	36.9	37.2	0.3	0.0	679	0.1	0.0	0.1	9.3	698

SQ22-075	81.4	85.2	3.8	0.0	219	0.0	0.0	0.1	3.0	225
inc.	84.4	84.6	0.3	0.0	1496	0.1	0.1	0.6	20.4	1534

SQ22-075	158.8	159.4	0.7	0.2	169	0.0	3.4	6.8	7.4	556
inc.	159.2	159.4	0.3	0.4	390	0.1	7.0	16.1	17.0	1275

Hole #	From (m)	To (m)	Interval (m)	Au (g/t)	Ag (g/t)	Cu (%)	Pb (%)	Zn (%)	AuEq (g/t)	AgEq (g/t)	Comments
NG-3 Target
SQ22-066	216.9	217.4	0.5	3.4	99	0.4	0.2	0.9	5.7	431

SQ22-066	302.6	303.2	0.6	0.6	254	1.6	0.1	3.3	7.7	580

SQ22-066	345.5	347.0	1.5	2.6	0	0.0	0.0	0.0	2.6	196

SQ22-066	422.0	422.3	0.3	1.4	55	0.0	0.1	5.5	4.9	369
SQ22-067	233.3	234.3	1.0	0.2	102	0.6	0.8	2.7	4.1	304	30% Dilution
inc.	233.3	233.6	0.3	0.4	210	1.4	2.0	4.1	7.9	593

SQ22-067	307.2	310.9	3.7	4.9	75	0.2	0.1	0.3	6.3	472	36.5% Dilution
inc.	308.9	310.4	1.5	11.7	167	0.4	0.1	0.2	14.5	1089
SQ22-068	113.3	113.9	0.7	1.2	47	0.1	0.1	0.3	2.2	164

SQ22-068	265.5	265.8	0.3	3.6	125	0.2	0.1	0.1	5.5	412
SQ22-069	317.9	319.1	1.2	3.7	31	0.1	0.1	0.1	4.3	322	58% Dilution
inc.	318.8	319.1	0.3	14.2	82	0.2	0.3	0.2	15.8	1185

SQ22-069	321.7	322.0	0.3	3.8	213	0.1	0.5	0.3	7.1	530
SQ22-070	434.8	435.1	0.4	0.5	40	0.0	0.1	2.1	2.2	161
SQ22-071	57.6	58.7	1.1	0.8	131	1.4	0.1	0.6	4.7	354
inc.	58.4	58.7	0.3	2.0	417	4.3	0.4	1.3	13.8	1036

SQ22-071	392.0	393.5	1.5	0.8	41	0.1	0.2	0.5	1.8	133

Equity Metals Reports First Assays from No. 3 North 2025 Expansion Drilling, Including 540 g/t AgEq over 3.5m, Silver Queen Property, BC

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Lawrence Page – Chairman and Director

Joseph A. Kizis Jr. – President and Director

Robert W.J. Macdonald – VP Exploration

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Courtney Shearer – Director

Arie Page – Corporate Secretary

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