Hanstone Gold Corp. announced the initial NI 43-101 compliant gold and silver Mineral Resource Estimate ("MRE") on its Doc Property, located in the prolific Golden Triangle of northern British Columbia. Doc Property Highlights: The Inferred MRE contains 114,000 ounces of gold and 488,000 ounces of silver, or 120,000 ounces of gold equivalent.

The MRE exhibits excellent continuity through a wide range of AuEq cut-off grades up to 10 g/t AuEq with a likely elevated working cut-off at 7 g/t AuEq yielding a grade of 15.87 g/t AuEq. Previous geophysical work identified parallel vein structures giving the MRE excellent upside future potential. Metallurgical test work achieved an overall gold recovery of 95.3%.

The initial results give Hanstone an excellent base on which to build, with the MRE expected to be commercial under certain circumstances. In addition, the MRE has an excellent potential to increase in size. Underground Inferred Mineral Resource Estimate (1-10) cut-Off AuEq g/t, Tonnes k, Au g/t, Ag g/t, Au koz, Ag koz, AuEq koz, 3.0, 389, 9.13, 39.0, 9.62, 114.2, 487.9, 120.3. Mineral Resources are not Mineral Reserves and have not demonstrated economic viability.

The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio political, marketing, or other relevant issues. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration, however there is no certainty an upgrade to the Inferred Mineral Resource would occur or what proportion would be upgraded to an Indicated mineral Resource.

The Mineral Resources in this estimate were calculated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Reserves, Definitions and Guidelines (2014) prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council and CIM Best Practices Guidelines (2019). The following parameters were used to derive the AuEq g/t value used to define the Mineral Resource: 5. February 2024 Consensus Economics long term forecast metal prices of Au USD 1,850/oz and Ag USD 23.50/oz. 6. Exchange rate of USD 0.75 = CAD 1.00.

7. Process recoveries of Au 95% and Ag 90%. The Project is located approximately 70 kilometres north of Stewart, BC, and is accessible by a 45 minute helicopter flight from the helipad located in Stewart, BC. Trails provide excellent access to all major locations on the Property.