Issued on behalf of Rush Gold Corp.

With gold having passed 3,800/oz and near all-time highs, see why investors are revisiting Nye County’s Republic District as newly listed explorer Rush Gold Corp. (CSE: RGN) (FSE: B6H) assembles high-priority ground in a top Nevada jurisdiction.

The Story Nobody’s Talking About Yet

Picture this: It’s 1905 in the Nevada desert. A prospector named Lew Cirac strikes it rich, pulling high-grade silver out of the ground in what becomes known as the Republic Mining District.

For a brief moment, a town of 600 people springs up around the discovery. Then, like so many Nevada boomtowns, it fades into history.

Fast forward 120 years. A century later, a Newmont–Rimfire JV outlined a preserved epithermal system here and hit gold in 3 of 6 RC holes (with assays including 10.67 m @ 0.49 grams per tonne Au[1]) before priorities shifted.

Rush Gold Corp. (CSE: RGN) (FSE: B6H) has been quietly putting together the pieces of a puzzle that some very smart people think could be worth paying attention to.

When Major Mining Companies Leave Money on the Table

Here’s where the story gets interesting. In the early 2000s, Newmont Mining – you know, one of the world’s biggest gold companies – partnered with Rimfire Minerals to explore a massive chunk of Nevada’s Walker Lane trend.

They spent serious money. They brought in the big guns. And at a property they called “Poncho” (now Rush Gold’s Skylight project), they found something that made them very excited. Their geologists identified what they believed was a fully preserved epithermal system[2] – potentially an undiscovered buried gold-silver deposit untouched by millions of years of erosion.

Then the JV ended as priorities shifted, and the ground later lapsed and was re-staked. That’s when Rush Gold stepped in.

The District That Time Forgot

Most people don’t realize that Nevada produces more gold than entire countries. It’s not just the mines you hear about – there are literally hundreds of past-producing districts scattered across the state, many of which haven’t seen modern exploration in decades.

The Republic Mining District is one of them.

Back in the day, it produced $128,000 worth of high-grade silver between 1913 and 1918 (that’s millions in today’s money)[3]. But here’s the thing: those old-timers were just scratching the surface. They followed the richest veins they could see and stopped when things got complicated.

Modern exploration techniques can see things those 1905 prospectors never could. Satellite imaging. 3D geophysics. Computer modeling of underground systems.

When Rush Gold’s team looked at the Republic District with fresh eyes and modern tools, they saw potential that had gone unrecognized by previous workers.

Two Properties, One Big Idea

Rush Gold Corp. (CSE: RGN) (FSE: B6H) now controls key ground in the Republic Mining District:

Skylight – the same ground that got Newmont so excited. Recent ASTER satellite analysis shows a 1.2-kilometer alteration footprint[4] — that’s the geological signature of a major precious metals system. The kind of footprint that has, in some Nevada districts, led to mines worth hundreds of millions[5].

Legal Tender – where those original 1905 miners pulled bonanza-grade samples from underground workings. We’re talking selective grab samples including 1,875 grams per tonne of silver and 4.94 grams per tonne of gold (selective grab samples; not necessarily representative of the property as a whole) from old mine dumps[6]. Those aren’t drill results – that’s stuff lying on the surface from century-old mining.

Path to Ownership – Rush Gold Corp. (CSE: RGN) (FSE: B6H) can earn 100% interests in both properties via staged payments and drilling; vendors retain standard NSR royalties. Skylight and Legal Tender are under earn-in options with standard vendor royalties (Skylight vendor retains a 3% NSR; Legal Tender a 2.5% NSR, reducible to 1.0%).

Why Smart Money is Paying Attention Now

With gold having surpassed $3,800/oz and near all-time highs, central-bank demand strong, and capital rotating down the chain, explorers can offer leverage: new ounces discovered in strong price regimes can re-rate small caps dramatically. Lower-grade zones that were marginal at $1,800/oz can screen as economic at today’s prices – one reason M&A and capital flows tend to rotate toward juniors late in the cycle.

In prior Nevada cycles, explorers that converted strong targets into discoveries often saw rapid re-ratings – a key reason attention rotates toward juniors late in the cycle.

The Nevada Advantage

If you’re going to bet on gold exploration, Nevada is where you want to be. Nevada ranks among the world’s most attractive mining jurisdictions[7], with established permitting pathways, road access, power, and talent.

More importantly, Nevada has infrastructure. Roads. Power. Skilled workers. Mining-friendly communities. Nevada’s established pathways, roads, power and workforce can shorten the path from discovery to development.

Projects are on BLM land with historic mining; 4WD access from paved routes supports efficient field work.

The Team Behind the Vision[8]

Anthony Zelen, Rush Gold’s CEO, brings 30 years of public markets experience. He’s co-founded multiple companies, raised hundreds of millions in capital, and has a track record of recognizing undervalued opportunities before the crowd catches on.

But here’s what’s really important: the company’s Qualified Person for technical matters is Kristopher J. Raffle, P.Geo., who brings ~25 years of North American exploration expertise, including epithermal and Carlin systems in the U.S. When it comes to understanding Nevada geology, he’s the kind of seasoned evaluator investors look for.

What Happens Next

Rush Gold Corp. (CSE: RGN) (FSE: B6H) recently upsized its previously announced non-brokered placement to as much as $500,000 to advance targeted field programs[9]. That’s not a huge amount – but it doesn’t need to be. Modern exploration is more efficient than ever, and the company is focusing their spending on the highest-priority targets.

Near-term focus: refining targets from ASTER and 3D IP/soil geochem at Skylight; systematic follow-up at Legal Tender’s historic workings. Field programs are designed to be phase-gated, with results disclosed per regulatory requirements.

Their immediate plans include:

Following up on the ASTER satellite imaging that identified the 1.2km alteration footprint at Skylight[10]
Testing the 3D geophysics targets that previous operators identified but never properly drilled
Systematic exploration of the Legal Tender high-grade surface showings[11]

Nevada’s climate often allows work most of the year, and labs typically return assays within weeks, market conditions permitting. As programs advance, material results will be disclosed in accordance with applicable regulations so investors can judge the data firsthand.

The Risk-Reward Calculation

Let’s be honest. This is exploration. Most exploration projects don’t become mines. Rush Gold could drill their best targets and find nothing economic. They could run out of money before making a discovery. The stock could go down instead of up.

But here’s the other side of that equation: if they’re right about the Republic District – if those historical high-grade samples and preserved epithermal systems indicate something significant – the upside could be significant if the model is validated.

Rush Gold aims to stack the odds by working in a proven belt, applying modern tools to a preserved epithermal system, and advancing in staged steps to preserve capital.

In Nevada’s Walker Lane, successful exploration stories have, in some cases, created hundreds of millions in value for early shareholders. Rush Gold Corp. (CSE: RGN) (FSE: B6H) is trading well below where Nevada explorers have historically re-rated after discoveries.

Rush Gold is now applying modern exploration to a historic district that has seen limited contemporary work. They’re preparing to test targets that majors identified but never properly tested. They’re doing it in a top-tier jurisdiction with established permitting pathways and supportive infrastructure during the strongest gold market in decades.

For investors comfortable with exploration risk, the setup is unusually compelling.

Rush Gold at a Glance

The Opportunity:

Historic Republic Mining District produced $128k+ in high-grade silver (1913-1918)
Newmont–Rimfire JV hit gold in 3 of 6 RC holes before priorities shifted
Two key properties under earn-in options: Skylight and Legal Tender

Modern Technology Advantage:

ASTER satellite reveals 1.2km alteration footprint at Skylight
3D geophysics targets identified but never properly tested
Legal Tender shows selective grab samples including 1,875 g/t Ag, 4.94 g/t Au (not necessarily representative)

Market Timing:

Gold near all-time highs (~$3,800/oz) with strong central bank demand
Lower-grade zones marginal at $1,800/oz can screen as economic at today’s prices
Capital often rotates toward juniors late in the cycle

Nevada Jurisdiction:

Top-tier mining jurisdiction with established infrastructure
BLM land with historic mining; 4WD access from paved routes
Proven belt where successful explorers have created hundreds of millions in value

Experienced Team:

CEO Anthony Zelen: 30 years public markets, multiple company co-founder
QP Kristopher Raffle, P.Geo.: ~25 years North American epithermal/Carlin experience

Near-term Catalysts:

Upsized non-brokered placement to as much as $500,000 to advance targeted field programs
Phase-gated exploration designed to preserve capital
Material results disclosed per regulations for investor evaluation

Ready to Learn More?

Every major gold discovery starts the same way: someone recognizes value where others see nothing special. Someone is willing to bet that modern technology can unlock deposits that previous generations missed.

Rush Gold Corp. (CSE: RGN) (FSE: B6H) isn’t promising they’ll find the next Comstock Lode. They’re simply saying they’ve assembled the right ground, in the right jurisdiction, at the right time in the gold cycle, and they’re going to find out what’s really there.

The Republic Mining District produced high-grade precious metals over a century ago, then was forgotten. Newmont got excited about it two decades ago, then the JV ended as priorities shifted.

With gold near all-time highs and major mining companies actively seeking new reserves, the district is receiving modern exploration attention it has long lacked.

If Nevada is likely to yield more discoveries, which teams, targets, and districts are best positioned? Review Rush Gold’s technical materials and decide for yourself.

Want to dig deeper? Review Rush Gold’s news releases and technical materials and opt-in for updates ahead of program milestones.

Visit their official website to access their latest news releases, technical reports, and exploration updates. You can also sign up for their investor newsletter to get notified when drilling results and other key developments are announced.

Rush Gold Corp trades on the Canadian Securities Exchange under the symbol RGN and on the Frankfurt Stock Exchange under B6H.

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). This content is being distributed for Baystreet.ca Media Corp. (“BAY”), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for Rush Gold Corp. advertising or digital media, but the owner/operators of MIQ also co-owns BAY. There may also be 3rd parties who may have shares of Rush Gold Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Rush Gold Corp. The scientific and technical information disclosed in this document have been reviewed and approved by Qualified Person (QP), Kristopher J. Raffle, P.Geo. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES CITED:

[1] Technical Report for the Skylight Property, Nye County, Nevada, United States, prepared by Matthew R. Dumala, P.Eng. for Rush Gold Corp, with an effective date of January 10, 2025, is filed under Rush God Corp.’s Issuer Profile on SEDAR+ (www.sedatplus.ca)

[2] https://rushgoldcorp.com/skylight-property/

[3] https://rushgoldcorp.com/skylight-property/

[4] https://rushgoldcorp.com/rush-gold-corp-reports-on-aster-image-processing-and-highlights-epithermal-system-footprint-for-skylight-property/

[5] Mineralization on nearby or adjacent properties may not be representative of the mineralization hosted on the project.

[6] https://rushgoldcorp.com/rush-gold-corp-options-legal-tender-au-ag-nevada-property/

[7] https://www.fraserinstitute.org/sites/default/files/annual-survey-of-mining-companies-2023.pdf

[8] https://rushgoldcorp.com/about-us/

[9] https://rushgoldcorp.com/rush-gold-upsizes-previously-announced-private-placement-of-units/

[10] https://rushgoldcorp.com/rush-gold-corp-reports-on-aster-image-processing-and-highlights-epithermal-system-footprint-for-skylight-property/

[11] https://rushgoldcorp.com/rush-gold-corp-options-legal-tender-au-ag-nevada-property/