Caprock Announces Consistent High-Grade Intercepts from the Final Three Deep Drill Holes at Destiny, Including 8.32 g/t Au over 2.6m

About this update from Caprock Mining Corp

Toronto, Ontario--(Newsfile Corp. - May 12, 2026) - Caprock Mining Corp. (CSE: CAPR) ("Caprock", or the "Company") is pleased to announce high-grade assay results for the final three drill holes from the recently concluded deep drilling campaign at its flagship Destiny gold property ("Destiny", or the "Property", or the "Project"), located near Val d'Or, Quebec. Key Assay Highlights from the Final 3 Deep Drill Holes: Assay Highlights from Previously Released Drill Hole DES-26-183: Historical Assay Highlights from Deep Drilling at Destiny: Caprock's President & CEO, Mr. Vishal Gupta, stated, "Every one of the eight holes drilled in our fall and winter campaigns has intersected high-grade mineralization at 500m to 600m depth below surface. This not only validates our structural model for Destiny, but also corroborates our predictions for how the high-grade mineralization projects itself at depth. These eight drill holes have provided us with valuable data points in a previously untested vast area located approximately 200m to 300m below the near-surface, open pit-constrained Mineral Resource Estimate ("Mineral Resource" or "MRE") at Destiny. We believe these results significantly increase the potential for underground resources. While our technical team conducts an in-depth analysis of these deep drilling results, we plan to focus our efforts on the expansion of the Mineral Resource westward by conducting a limited 10-hole drill program that was designed by our resource consultants at BBA E&C Inc. We plan to commence this resource expansion drill program immediately after receiving our drill permits, which are expected in the next few weeks." Description of Deep Drilling Program & Summary of Latest Assay Results Caprock's deep drilling program at Destiny consisted of eight NQ-sized diamond drill holes totaling 5,224 metres spread across two separate campaigns - the first was conducted in December 2025, and the second was conducted in February / March 2026. The program was designed as four pairs of two drill holes each, whereby every pair included one pilot hole and one wedged hole. Assay results for drill holes DES-25-181, DES-25-181W1, DES-25-182, DES-25-182W2 and DES-26-183 were announced by the Company in previous press releases. Today's announceme...

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