Big Gold Advances 2026 Exploration Plans and Highlights Strategic Position within Two Active Ontario Gold Districts
BigGold Advances 2026 Exploration Plans and Highlights Strategic Position withinTwo Active Ontario Gold Districts
Toronto,ON – March 24, 2026 - Big Gold Inc. (CSE:BG) (FSE:H7L) (the “Company” or “Big Gold”) is positioning itself at thecenter of two rapidly advancing gold districts in northwestern Ontario, as theCompany advances its 2026 exploration planning at the Martin Kenty and Taborprojects (Figures 1 and 2).
Both of Big Gold’s projects are located within highlyprospective Archean greenstone belts that are now seeing renewed explorationintensity, capital inflows, and asset consolidation by both major and juniormining companies.
“We are seeing a clear influx of capital and strategicconsolidation in the immediate vicinity of both of our projects, and we aremoving aggressively to advance our 2026 exploration plans to capitalize on thatmomentum. AngloGold Ashanti’s $115.9 million investment into the Moss GoldProject directly adjacent to our Tabor property, combined with the recentCameron Gold Project acquisition near our Martin Kenty project, signals strongvalidation of these districts,” commented, Scott Walters, CEO of Big Gold. “We believe Big Gold is uniquelypositioned with district-scale exposure in two active gold belts at a time whenthe market is re-rating high-quality exploration ground.”
The Company highlights two significant recent transactionsthat underscore the growing strategic importance of the regions surrounding itsprojects:
· A$115.9 million strategic financing in Gold X2 Mining Inc., owner of the MossGold Project located immediately adjacent to Big Gold’s Tabor property, led byAngloGold Ashanti with participation from Hess Capital
· Theacquisition of the Cameron Gold Project by Seva Mining Corp. from First MiningGold Corp., strengthening activity in the Cameron Lake district surrounding BigGold’s Martin Kenty project
The Moss Gold Project hosts a reported mineral resourceestimate of approximately 2.46 million ounces of gold in the Indicated categoryand 4.21 million ounces in the Inferred category, and is now being advancedwith backing from a major global gold producer.
The Cameron Gold Project hosts a reported gold resource ofapproximately 994,000 ounces and represents one of the most advanced goldassets in the Cameron Lake district, where exploration momentum is nowaccelerating following the transaction.
Key Positioning Highlights:
· BigGold controls strategic land positions at the Martin Kenty and Tabor projects
· Recentlycompleted flow-through financing positions the Company for an active 2026 fieldseason
· Targeting,data compilation, and program design underway for 2026 exploration
· BigGold has been continuously expanding both projects, as shown in Figures 1 and 2
Martin Kenty Project – Cameron Lake Gold Belt
The Martin Kenty Project is located within the CameronLake Gold Belt in the Kenora–Rainy River mining district, an area experiencingrenewed exploration activity following recent transactions in the district,including the acquisition of the nearby Cameron Gold Project.
Historical exploration on the property has identifiedmultiple gold occurrences, including grab samples returning values of up to8.04 g/t Au and 8.37 g/t Au. Mineralization is associated with felsicintrusions and strongly sheared, altered sericitic pyritic schists containinggreen mica and tourmaline—features characteristic of orogenic gold systems.
Big Gold is currently compiling and interpretinghistorical and recent datasets to refine priority exploration targets for itsplanned 2026 program. This work includes integration of geophysical data,including targets generated from a 2021 Versatile Time Domain Electromagnetic(VTEM) survey, with a focus on identifying structurally controlled zones ofmineralization.
Tabor Project – Shebandowan Greenstone Belt
The Tabor Project is located within the ShebandowanGreenstone Belt northwest of Thunder Bay, Ontario, directly along strike andimmediately east of the Moss Gold Project.
The property consists of 156 mineral claims coveringapproximately 3,120 hectares along the same regional structural corridor thathosts the Moss deposit. Historical work, including drilling, trenching, andsampling, has identified multiple gold occurrences and exploration targetsacross the property.
With AngloGold Ashanti now backing the advancement of theadjacent Moss Gold Project, the Company believes the district is entering a newphase of exploration intensity. Big Gold is advancing targeting and programdesign at Tabor in preparation for a potentially more aggressive 2026 field program,following up on recent and historic exploration campaigns.
Corporate Update
Additionally, the Company announces that it hassigned debt settlement agreements with an arm’s length creditor for a total of$10,000, representing a portion of the debt owed to the creditors for servicesrendered.
As part of the debt settlement, theCompany intends to settle this portion of debt by issuing 10,000 common shares(the “Shares”) at a price of $0.05 per Share. The Shares have been formalizedin a written agreement and remain subject to the approval of the CanadianSecurities Exchange. In accordance with applicable Canadian securitieslaws, allsecurities issued pursuant to the private placement will be legended with ahold period of four months and one day from the date of issuance.
No Insider of the Company is participating in thistransaction. The Company has not entered into any brokerage agreement inconnection with this debt settlement.
Also, theCompany has granted stock options to certain directors, officers, andconsultants to purchase 2,310,000 common shares in the capital of the Companypursuant to the Company’s stock option plan. The stock options are exercisableat a price of $0.05 per share for a period of five (5) years from the date ofgrant.
Qualified Person
Morgan Verge, P.Geo.,Technical Advisor of the Company, is a Qualified Person as defined by NationalInstrument 43-101 – Standards of Disclosure for Mineral Projects, andhas reviewed and approved the scientific and technical information contained inthis press release.
The Qualified Person hasnot independently verified the mineral resource estimates disclosed foradjacent or nearby properties, including the Moss Gold Project and the CameronGold Project, and such estimates are based on publicly available information.
The Qualified Personcautions that mineralization on adjacent or nearby properties is notnecessarily indicative of mineralization on the Company’s Martin Kenty or Taborprojects.
About Big Gold Inc.
Big Gold Inc. is ajunior mining exploration company. Its initial focus is to conduct ExplorationPrograms on the Martin Kenty and Tabor projects located in Ontario. Big Goldwill also continue to consider other opportunities as they arise, with theobjective of acquiring and exploring early-stage base and precious metalprojects. Learn more about the Company on its website: https://biggold.ca/.
For more information,please contact investor relations at investors@biggold.ca.
On Behalf of theBoard of Directors,
Scott Walters
President and CEO
Neither the Canadian Securities Exchange nor itsregulation services provider has reviewed or accepted responsibility for theadequacy or accuracy of this press release.
This press release may include forward-looking informationwithin the meaning of Canadian securities legislation, concerning the businessof the Company. Forward-looking information is based on certain keyexpectations and assumptions made by the management of the Company. Althoughthe Company believes that the expectations and assumptions on which suchforward-looking information is based on are reasonable, undue reliance shouldnot be placed on the forward-looking information because the Company can give noassurance that they will prove to be correct. Forward-looking statements contained in this press release are made asof the date of this press release. TheCompany disclaims any intent or obligation to update publicly anyforward-looking information, whether as a result of new information, futureevents or results.