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DX GOLD CORP ANNOUNCES HIGH-GRADE ASSAY RESULTS FROM NINE HISTORIC MINERAL STOPES AT GOLD MOUNTAIN / LUCKY BALDWIN MINE, CONFIRMING IMMEDIATE PRODUCTION POTENTIAL

Los Angeles, California — November 15, 2025 — DX Gold Corp is pleased to announce the results of its November 14th assay and metallurgical report, conducted by American Assay Laboratories (AAL), confirming multiple high-grade gold values across nine historic mineral stopes at the Gold Mountain / Lucky Baldwin Mine near Big Bear, California. With all core permits and licenses already in place — and more than 2,700 tons of immediately accessible, mineralized material — DX Gold Corp is now positioned for one of the fastest development-to-production transitions in the Western United States.

This near-term production inventory is in addition to the broader gold potential of the property and does not reflect the yet-to-be-drilled vein extensions or larger geological structures targeted in the upcoming exploration program.

These mineral stopes represent surface-accessible remnants discarded by 19th-century miners, who lacked the tools, metallurgical knowledge, and geological understanding to properly identify or recover gold, particularly where iron sulfides (pyrite) were present — a key indicator of gold mineralization they did not recognize. As a result, historic mining activities left behind significant high-grade rock, which today forms the foundation of DX Gold Corp’s rapid-readiness production profile.

High-Grade Assay Results Validate Outstanding Gold Potential

DX Gold Corp completed an integrated, multi-source evaluation incorporating:

BLM-verified assays
Modern field sampling
Certified fire assay + ICP multi-element testing by American Assay Laboratories (AAL)

The results confirm strong and consistent mineralization across the nine accessible mineral stopes:

Average gold grades ranging from 5.90 g/t to 6.86 g/t Au
Multiple multi-gram gold samples across the stope network
Free-milling gold highly suitable for gravity + leaching recovery
No deleterious or refractory minerals detected

These values match the BLM-verified grade of 0.20 oz/ton (~6.86 g/t Au) found in remnant ore throughout the Gold Mountain system, demonstrating grade continuity between historic workings and the newly confirmed stope material.

Historic Mining Limitations Created a Modern Opportunity

Mining in the late 1800s suffered from major technological and knowledge gaps:

No geological modeling
No understanding of pyritic gold zones
Limited crushing and gravity recovery capabilities
No chemical extraction

This led early miners to discard pyrite-rich rock — unknowingly throwing away gold-bearing ore. These historical oversights have created a unique modern advantage: thousands of tons of high-grade, free-milling material now sitting at surface, ready for immediate processing.

Confirmed Ore Supply Profile

Immediately Accessible Mineral Stopes (Near-Term Production)

Nine mineral stopes
2,700+ tons of mineralized material
Fully surface accessible with minimal preparation
Estimated 501 oz of recoverable gold at ~90% recovery

Mineralized Waste Rock & Surface Material

8,000–15,000 tons graded between 0.4–6 g/t Au
Additional feed created by historical misclassification

Unmined Narrow Lenses (Future Drilling Targets)

Confirmed by the BLM adjacent to historic workings
Represent significant long-term exploration upside

Immediate Production Strategy

With more than 2,700 tons of high-grade stope material ready for extraction, DX Gold Corp is proceeding with plans to install a 50 ton-per-day gravity + CIL processing plant onsite. This configuration is ideally suited to the property’s free-milling gold and allows the company to:

Begin early gold production
Generate rapid cash flow
Achieve strong operating margins
Fund ongoing exploration and expansion internally

This strategy enables DX Gold Corp to transition quickly from development into production while advancing a larger drilling program to expand the resource base significantly.

The Mineral Stopes Are Only the Beginning

DX Gold Corp emphasizes that the nine mineral stopes — totaling 2,700+ tons — represent only the initial production inventory, not the broader geological potential of the Gold Mountain property.

The upcoming exploration drilling campaign aims to evaluate:

Deeper vein extensions
New high-grade lenses
Continuity between historic underground workings
Multiple untested structural targets with strong geological indicators

These areas hold the potential for tremendous gold resources beyond the stope material currently prioritized for production.

CEO Commentary

Dexter Rosa, Founder & CEO of DX Gold Corp, stated:

“The discovery of nine mineral stopes containing over 2,700 tons of high-grade material presents a rare and exceptional opportunity for rapid gold production. With average grades between 5.90 g/t and 6.86 g/t, combined with favorable metallurgy and full surface accessibility, DX Gold Corp is positioned to move quickly into revenue-generating operations. Importantly, this material represents only the near-surface opportunity. Our drilling program has the potential to uncover significant new gold resources that were missed by early miners. Gold Mountain is showing all the indicators of a high-grade system with tremendous upside, and we are just getting started.”

About DX Gold Corp

DX Gold Corp is a Canadian-American gold producer focused on revitalizing historic mining districts through modern metallurgical technologies and disciplined development strategies. With projects in California and Colombia, the company is committed to delivering strong shareholder value through rapid-readiness gold production and systematic exploration.

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