Rokmaster Resources Corp. announced an updated Mineral Resource Estimate ("2023 MRE") for the Revel Ridge Project ("Revel Ridge" or the "Project"), located 42 km by road north of Revelstoke, B.C. Revel Ridge is currently known to host five mineralized zones, four of which are related to and in close proximity to the Main Deformation Zone ("MDZ"). Mineralization associated with the MDZ is classified as a polymetallic orogenic gold deposit, and is one of the largest undeveloped deposits of this type in Western Canada.

The fifth mineralized zone, the Revel Ridge Yellowjacket Zone, is composed of high-grade silver-zinc-lead carbonate replacement deposits that occur 50 to 75 m into the hanging wall of the MDZ and are amenable to underground access. M&I Mineral Resource, in all zones, is estimated to contain 1.53 million AuEq5 ounces within 7.16 million tonnes with an average grade of 6.63 g/t AuEq. Inf.

Mineral Resource, in all zones. The results of the 2023 MRE show that Revel Ridge is a remarkable project, one that has strong potential for expansion on the known zones and also for the discovery of new mineralized zones with additional exploration. Rokmaster's exploration efforts have consistently added gold equivalent ounces to the previous Mineral Resource estimates.

Between September 2020 and October 2022, Rokmaster successfully completed 120 drillholes for a total of 38,540 m using a single drill rig. Rokmaster anticipates that the trend of increasing the Project's Mineral Resources will continue with subsequent exploration. The Project benefits from excellent on-site infrastructure and relatively close access to regional infrastructure which allows for highly efficient exploration and potential development.

The consistency and strength of the mineralized zones on Revel Ridge is well demonstrated by examining the total amount of drilling completed on the Project from the first drillhole in 1983 to 2022. The amount of drilling by all operators on the Project totals 79,425 metres, which is generally much lower than many other deposits of this classification and scale. To illustrate the efficiency of drilling, each metre that has been cored on the Project represents an average of approximately 19.2 M&I AuEq ounces plus 18.7 Inf.

AuEq ounces within the 2023 MRE. More drilling, especially in the deeper portions of the MDZ where coarse visible gold mineralization has recently been discovered, offers a significant opportunity to further grow the Project's Mineral Resources which remain open in all directions.