FireFox Gold Reports Remaining Results from 2025 Drilling at Sarvi Project in Lapland, Finland

About this update from Firefox Gold Corp.

FireFox Gold Reports Remaining Results from 2025 Drilling at Sarvi Project in Lapland, FinlandSODANKYLÄ, FI / ACCESS Newswire / April 16, 2026 / FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF)("FireFox" or the "Company") is pleased to report the results from the remaining three holes of the 2025 reconnaissance drill program at the Company's 100%-held Sarvi gold project ("Sarvi") in Lapland, Finland. The target concept for this small reconnaissance drill program was to examine interpreted regional scale structures cutting through discrete magnetic highs and magnetic gradients (transitions from highly magnetic to less magnetic rocks) in the Keulakko permit on the western side of the project area. As previously reported, reconnaissance drilling by the Geological Survey of Finland (GTK) nearby encountered narrow intervals of moderate gold grade (See Company news release dated November 18, 2025).Drill hole 25SA002 was drilled as part of a northeast-southwest oriented fence testing a structural-magnetic corridor located 250 to 500m east of the GTK holes (see Figure 1). The hole was drilled in the opposite direction to the previously reported hole 25SA003 which returned a high-grade gold interval of 1.75 metres averaging 27.48 g/t, including 0.8 metres at 53.50 g/t gold (see Company news release dated January 21, 2026.) Drill hole 25SA002 encountered a narrow gold mineralized interval yielding 1.0 metre at 2.68 g/t Au from 51.5 metres downhole depth.Drill holes 25SA004 and 25SA005 were collared approximately 480 metres east from drill hole 25SA003. These holes were drilled in a fence towards the southwest direction and targeted interpreted regional scale structures. Hole 25SA005 returned a single interval of low-grade gold (see Table 1).All three newly-reported holes were collared in thin glacial sediments (3.6 - 12.5 metres deep) and cut sections of mafic tuff, strongly carbonate-altered mafic volcanics, and sulphide facies iron formation (black schists with >30% of pyrrhotite mineralization) that are believed to be part of the Porkonen Formation within the Kittilä Suite volcanic rocks. This package of rocks is a key exploration target in the region, as it is known to host the gold mineralization at Agnico Eagle's Kittilä Gold Mine1, Europe's largest gold mine, which is located approximately 35 kilometres to the northwest of Sarvi.The Company plan...

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