Nevada Sunrise conducts ground gravity survey at Fivemile Gold Project, Cortez Mining District, Nevada

Nevada Sunrise Metals Corp. [TSXV: NEV; OTC Pink: NVSGF] reported the completion of a ground gravity survey program at the Fivemile Gold Project located within the Battle Mountain-Eureka-Cortez gold trend in Lander County, Nevada.

The company also announced the expansion of the Project area to 332 claims to a total area of approximately 6,838 acres (2,768 hectares). The new claims cover additional prospective exploration areas determined from structural interpretation and the positive results of the Ionic Leach geochemical survey carried out on the Project in July 2026.

Highlights of the Fivemile Gold Project: Fivemile is flanked by gold deposits, gold occurrences, and gold mines, both past-producing and producing, in the Cortez Mining District of Nevada, renowned as one of most prolific gold-bearing regions in the world.

The 2026 Survey, the first of its kind on the Project, was contracted to MWH Geo-Surveys International Inc., a mineral exploration industry leader in ground gravity and unmanned aerial vehicle (“UAV”) surveys in the Great Basin of the United States, and worldwide.

High-resolution gravity data was collected across the Project from approximately 358 survey stations at 200-metre spacings on lines 400 metres apart. Results will be released following final processing and interpretation of the gravity data.

“The 2026 high-resolution ground gravity survey program at Fivemile brings us a step closer to determining drill targets at the project,” said Warren Stanyer, President and CEO of Nevada Sunrise. “The Company believes that systematic exploration on its highly strategic land position in the Cortez Mining District is a formula for discovery on an underexplored property.”

Fivemile consists of 332 unpatented mineral claims on Bureau of Land Management land totaling approximately 6,839 acres (2,768 ha). The majority of the Fivemile claims, staked in 2025 and 2026, cover an area of alluvium-covered shallow pediment, referred to by the company as “Fivemile Flats”, which has no outcrop, thus inhibiting previous surface exploration.

Fivemile is located approximately 4 miles (6.4 km) south-southwest of the Cortez Hills mine and 5 miles (8 km) southwest of the Goldrush mine, both operated by Nevada Gold Mines LLC, a joint venture between Barrick Mining Corp. (61.5%) and Newmont Mining Corp. (38.5%). Fivemile lies approximately 6 miles (10 km) southwest of the Fourmile gold deposit owned 100% by Barrick, which is planned to be contributed by Barrick into NGM.

The exploration target areas at Fivemile are two-fold: epithermal gold/silver mineralization related to the Caetano Caldera, possibly superimposed on an earlier Carlin-type gold deposit(s), similar to the Fourmile, Goldrush and Cortez Hills gold deposits.

The primary Fivemile gold exploration targets were generated in 2025 by reprocessing publicly-available data collected by the USGS and integrating that data with a proprietary geological interpretation of structural features that are visible in the geophysical, geological and satellite imagery data. The geophysical signature of Fivemile is observed as the conjunction of a gravity high anomaly and a magnetic low anomaly. The gravity high at Fivemile mirrors a gravity high associated with the Fourmile and Goldrush deposits located to the northeast of the Property.

Fivemile also lies in the same relative position as the Fourmile and Goldrush deposits, which are located along the western border of a larger Eocene-Miocene apical graben in the core of a larger NNW-SSE trending regional anticline. The centre of this apical graben localized the Northern Nevada Rift zone in mid-Miocene time. Miocene lake sediments were deposited in this graben.

From the available geophysical and geological data, the company has inferred regional NE-SW trending faults that pass through the Fourmile-Goldrush and the historical Toiyabe Mine areas, and the Fivemile property area. These faults, herein referred to as the “Fourmile Faults”, are believed to have been active in Eocene through Miocene time and controlled gold mineralization at interpreted intersections with N-S trending graben normal faults. In the Fivemile area, the Fourmile faults probably localized part of the Caetano Caldera ring-fracture system and also intersected and offset N-S Cortez graben faults in the vicinity of the geophysical anomalies.

Nevada Sunrise can earn a 79% interest in Fivemile from American Metals Exploration Corp. (Ammetex), a private Nevada company at arm’s-length to Nevada Sunrise, in three stages over 4 years from the effective date of the earn-in option agreement.

Nevada Sunrise holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 km (33 miles) southwest of Ely, Nevada.

Nevada Sunrise holds the right to earn a 79% interest in the Fivemile Gold Project, located approximately 40 km (25 miles) south of Battle Mountain, Nevada.

Nevada Sunrise holds the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, Nevada.

Nevada Sunrise owns 100% interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, Nevada.

As a complement to its exploration projects in Esmeralda County, the company owns Nevada Water Right Permit 86863, also located in the Lida Valley basin, near Lida, Nevada.