Zodiac Gold Inc. reported additional positive results from its ongoing Phase II Drill Program consisting of assay results from three recently completed diamond drill holes at the Company's Arthington Target. The Arthington Target is posi oned within an 18.5 km long district-scale mineraliza on trend and is one of the five high-priority, mul-kilometer drill-ready targets situated within the Company's 2,316 km2 Todi gold project located in the Republic of Liberia, West Africa. In 2022, the Company completed a 3,465m Phase I Drill Program targe ng an 800m strike at Arthington which intersected mul ple intervals of gold mineraliza on in 20 of 22 holes including the highest-grade interval drilled to date: ADD007, which intersected 7.5 g/t over 9.65m from 87.35m.

The Company is currently conduc ng a 2,000m Phase II Drill Program at Arthington targe ng the Garang Base, Red Hill, Deep Mine and Ambulai zones. On February 28, 2024, the Company reported positive results from the first three completed Phase II drill holes (ADD023, ADD024 and ADD025), including 9.14m at 4.20 g/t Au and 10.20m at 1.23 g/t Au, including 2.81m at 2.95 g/t Au. The Company reported assay results from three addi onal drill holes (ADD026, ADD027, and ADD028) which successfully intercepted multiple intervals of shear zone-hosted gold mineralization confirming the down dip extension.

ADD027 confirms the down dip extension of the mineralization observed in ADD024 (25.90m at 2.10 g/t Au) down to a vertical depth of 150m and ADD28 confirms the down dip extension of the mineralization observed in ADD003 (10m at 1.01 g/t Au) down to a vertical depth of 180m emphasizing strong potential for both down dip extension of mineralization and along the 1,000m strike including Garang Base and Red Hill zones, part of 4+km Arthington Target. These three drill holes revealed shear-hosted gold mineralization with intercepts cutting through multiple shallowly dipping mineralized zones associated with shears across a 300m wide corridor of the 4+ km Arthington Shear Zone. This extensive gold bearing zone spans at least 1,000m along strike and reaches vertical depths of 180m as well as 275m along the down dip, illustrating a substantial orogenic gold footprint along the prominent Todi Shear Zone.

Notable mineralized shear structures include intervals in hole ADD027 (14.67 m at 1.33 g/t Au including 3.00m at 4.38 g/t Au) and in hole ADD028 (11.00 m at 1.28 g/t Au), indicating strong mineralization potential. The current drilling program aims to extend the strike length along the Arthington Shear Zone to at least 2,400 meters, encompassing both the Deep Mine and Ambulai Field zones, which are currently being drilled. The continuity of mineralization is highlighted by distinct intervals in hole ADD026, ADD027, and ADD028 which underscore the significant potential of the Arthington Target and the Todi Project overall.

Drill core was transported from the drill site to the Company's exploration camp facility. After geological logging, the core was cut along the long axis by a diamond saw, with half being sampled and half retained. Core sampling was undertaken by Zodiac Gold's Liberian exploration team, supervised by senior staff members of the Company.

All core samples met the standards for adequate chain of custody without the opportunity for third party access from the field to the preparation laboratory in Yamoussoukro, Ivory Coast, and then onward to the ALS analytical laboratory in Burkina Faso. Sample preparation was performed by ALS in Yamoussoukro. The entire core sample was dried and then crushed to 70% passing 2 millimeters and a representative split was taken by riffle splitting.

The 1,000g split was then pulverized up to 85% passing 75 micron and the required pulp mass of 200g was bagged and labelled for analysis; with the remainder being stored. Analysis was performed by ALS at their laboratory in Burkina by fire assay with atomic absorption finish with a 50g charge. In addition to the laboratory's quality control program, a rigorous quality assurance and quality control program was implemented by the Company involving the insertion of blanks, standards and duplicates to ensure reliable assay results.

Laboratory standards and QA-QC are monitored by the Company.