Third Quarter Financial Statements – June 30, 2025

For the three and nine months ended September 30, 2025 and 2024

Page

Notice to Reader 2

Interim Condensed Consolidated Statements of Loss 3

Interim Condensed Consolidated Statements of Financial Position 4

Interim Condensed Consolidated Statements of Changes in Equity 5

Interim Condensed Consolidated Statements of Cash Flows 6

Notes to the Interim Condensed Consolidated Financial Statements 7-17

Under National Instrument 51-102, Part 4, subsection 4.3 (3) (a), if an auditor has not performed a review of the interim condensed consolidated financial statements, they must be accompanied by a notice indication that an auditor has not reviewed the interim condensed consolidated interim financial statements.

The accompanying unaudited interim condensed consolidated financial statements of the Company have been prepared by and are the responsibility of the Company's management. The Company's independent auditor has not performed a review of these interim condensed consolidated financial statements.

2

Three Months Ended September 30,

Nine Months Ended Septemeber 30,

Notes 2025 2024 2025 2024

Expenses

Nine Months Ended September 30,

1. Nature of operations and going concern

   1. Nature of operations

      Jayden Resources Inc. (the "Company") was incorporated under the laws of the Province of British Columbia. On October 15, 2015, the Company's common shares ceased trading on the TSE and began trading on the TSX Venture Exchange ("TSX-V") under the symbol JDN. On August 8, 2012, the Company changed its place of jurisdiction and was registered in the Cayman Islands as an exempted company with limited liability by way of continuation. Its subsidiary, Jayden Resources (Canada) Inc. ("Jayden Canada") was disposed of during the year ended December 31, 2018, as such the financial statements were deconsolidated in 2018. On September 2, 2021, the Company completed the continuation from the Companies Law (2021 Revision) of the Cayman Islands into the jurisdiction of British Columbia under the Business Corporations Act (British Columbia) with the intention to increase flexibility, and to reduce administrative costs. On December 17, 2021, the Company incorporated a wholly owned subsidiary, Jayden Resources (Quebec) Ltd. under the laws of the Province of Quebec and have been preparing consolidated financial statements since then.

      The Company is principally engaged in the business of acquiring, exploring and developing interests in mining projects. To date, the Company has not generated revenues from its principal activities and is considered to be in the exploration stage.

      The head office and principal address of the Company are located at Suite 2250, 1055 West Hastings Street, Vancouver, British Columbia, V6E 2E9. The registered and records office are located at 1500 Royal Centre

      P.O. Box 11117, 1055 West Georgia Street, Vancouver, BC, V6E 4N7.

   2. Going concern

      These interim condensed consolidated financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities in the normal course of operation. Accordingly, these interim condensed consolidated financial statements do not give effect to any adjustments which would be necessary should the Company be unable to continue as a going concern and therefore be required to realize its assets and discharge its liabilities in other than the normal course of business and at amou nts different from those reflected in the accompanying interim condensed consolidated financial statements.

      The Company has not generated any revenues and has accumulated deficits of $52,265,149 since inception. The Company incurred a net loss for the nine months ended September 30, 2025 of $344,369. The Company will periodically have to raise additional funds from either debt or equity financings for cash consideration to continue operations until such time as the Company generates cash inflow from its operation. Though it has been successful in doing so in the past, there is no assurance it will be able to do so in the future. The Company's continuing operations are entirely dependent upon the ability of the Company to obtain the necessary financing to complete the exploration and development of its mineral property interests , the existence of economically recoverable mineral reserves, and on future profitable production or proceeds from the disposition of the mineral property interests. These matters and conditions, primarily as a result of the conditions described above, indicate the existence of a material uncertainty that may cast significant doubt about the Company's ability to continue as going concern. If the going concern assumption is not appropriate, material adjustments to the consolidated financial statements could be required.

2. Basis of presentation

   1. Statement of compliance

      These interim condensed consolidated financial statements have been prepared in accordance with IFRS® Accounting Standards applicable to the presentation of the condensed interim consolidated financial statements, including the International Accounting Standards ("IAS") 34, Interim Financial Reporting, as issued by the International Accounting Standards Boards ("IASB") and interpretations of the International Financial Reporting Interpretations Committee ("IFRIC"). Accordingly, certain disclosures included in annual financial statements prepared in accordance with IFRS Accounting Standards as issued by the IASB have been condensed or omitted. These interim condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements for the year ended December 31, 2024.

      These consolidated financial statements were approved by the board of directors for issue on November 26, 2025.

   2. Basis of measurement

      These consolidated financial statements have been prepared on a going concern basis, under the historical cost basis except for the financial instruments that are classified as fair value through profit or loss (FVTPL), including marketable securities, which are measured at fair value.

   3. Critical accounting judgements, estimates and assumptions

      The preparation of the Company's consolidated financial statements requires management to make judgments, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the accompanying disclosures, and the disclosure of contingent liabilities. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods.

      The judgments, estimates and assumptions applied in the interim condensed consolidated financial statements, including the key sources of estimation uncertainty, were the same as those applied and set out in Note 2(c) to the Company's audited consolidated financial statements for the year ended December 31, 2024.

3. Material accounting policies

   The material accounting policies applied in the preparation of these interim condensed consolidated financial statements are consistent with the accounting policies disclosed in Note 3 of the audited consolidated financial statements for the year ended December 31, 2024. These interim condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements for the year ended December 31, 2024.

4. Administrative expenses

   A breakdown of the administrative expenses of the Company for the three and nine months ended September 30, 2025 and 2024 are as follows:

   Three Months Ended

   September 30,

   Nine Months Ended

   September 30,

   2025		2024	2025	2024
   	$	$	$	$
   Consulting fees	41,000	48,000	123,000	144,000
   Corporate administration	48,414	51,385	145,658	161,277
   Professional fees	5,044	1,524	48,114	68,742
   Regulatory and shareholder services	2,897	22,734	19,568	42,986
   	97,355	123,643	336,340	417,005

5. Marketable securities

   On November 10, 2021, the Company received 750,000 common shares of Optimum Ventures Ltd. ("Optimum") in relation to a quitclaim agreement for the disposal of mineral properties. On September 12, 2023, Blackwolf Copper and Gold Ltd. ("Blackwolf") acquired all the issued and outstanding shares of Optimum and, in exchange, shareholders of Optimum received 0.65 of a common share of Blackwolf for each Optimum share held. After the acquisition, the Company held 487,500 common shares of Blackwolf. The Company disposed of 287,500 common shares of Blackwolf during the year ended December 31, 2023, and completed the disposal of the remaining 200,000 common shares of Blackwolf during the year ended December 31, 2024.

   The schedule below summarizes the fair values of Blackwolf shares for the nine months ended September 30, 2025 and 2024:

   Nine months ended September 30

   	2025	2024
   Fair value, beginning of the period	$	$ - 40,000
   Proceeds from sales		- (22,315)
   Loss on sale of marketable securities Unrealized loss on marketable securities		- (17,685) - -
   Fair value, end of the period		- -

6. Exploration and evaluation assets

The schedule below summarizes the exploration and evaluation costs incurred on each property as at September 30, 2025 and December 31, 2024:

As at September 30, As at December 31,

2025 2024

On February 17, 2021, the Company entered into a property option agreement with three arm's length vendors (the "Optionors") to acquire a 100% interest in the Storm Lake Gold Property located in the Frotet-Evans Greenstone Belt in central Quebec. Under the terms of the agreement, the Company can acquire a 100% interest in the Storm Lake Gold Property by making cash and share payments to the Optionors totaling $750,000 and 6,600,000 post-consolidation common shares respectively, and incurring not less than $3,000,000 in exploration expenditures.

Upon TSXV approval of the transaction (the "Effective Date"), the Company will pay $200,000 and issue 2,200,000 shares to the Optionors. On the nine (9) month anniversary of the Effective Date an additional 2,200,000 shares will be issued. On the fifteen (15) month anniversary of the Effective Date an additional $300,000 and 2,200,000 shares; and on the thirty (30) month anniversary of the Effective Date a further $250,000.

The Company will incur exploration expenditures of not less than $3,000,000 as follows:

1. Not less than $150,000 on or before the twelve (12) month anniversary of the Effective Date;

2. Not less than a further $1,350,000 on or before the two-year anniversary of the Effective Date; and

3. Not less than a further $1,500,000 on or before the three-year anniversary of the Effective Date.

The Company has met all the terms of exploration expenditures above.

On July 5, 2021, the Company paid $200,000 and issued 2,200,000 shares with a fair value of $2,090,000 to the Optionors.

On April 5, 2022, the Company issued 2,200,000 shares with a fair value of $660,000 to the Optionors at the nine-month anniversary.

On October 5, 2022, the Company paid $300,000 cash and issued 2,200,000 shares with a fair value of $352,000 to the Optionors at the fifteen-month anniversary.

On January 4, 2024, the Company entered into an extension agreement with the vendors to extend the final payment date of $250,000 of the Storm Lake Option Agreement from January 5, 2024 to October 31, 2024. The Company made a cash payment of $30,000 in exchange for the extension.

The final payment remains outstanding as at September 30, 2025, and management is in discussion with the Optionors on a deferred payment date.

Management determined there was no impairment indicator identified in the Storm Lake Gold Property as at September 30, 2025 since the option agreement is still in good standing.

The schedule below outlines the costs incurred on the Property as at September 30, 2025 and December 31, 2024:

On October 26, 2022, The Company entered into an amended and restated purchase and sale agreement with Kenorland Minerals North America Ltd. ("Kenorland") for the purchase of a 100% interest in the Wheatcroft Property. The Company will pay Kenorland $125,000 cash and issue 5,557,447 common shares, equaling to 9.9% of the Company's then-issued and outstanding shares. Furthermore, the Company was committed to issue additional shares to Kenorland upon future financings up to $10,000,000, equaling 9.9% of proceeds, for a value of up to $990,000. The maximum number of additional shares that may be issued to Kenorland would be 19,800,000 shares, representing a value of $990,000 at the minimum deemed price of $0.05 per additional share, being the lowest dollar amount a financing may be conducted pursuant to the TSXV policies. The property is subject to a 3% net smelter return in favour of Kenorland and the Company can reduce to 2% by making a cash payment of $1,000,000.

On October 28, 2022, the Company paid $125,000 cash and issued 5,557,447 shares with a fair value of $833,617 to Kenorland to close the transaction. As a result, the Company received 100% interest in the Wheatcroft Property.

1. Exploration and evaluation assets (continued)

   On August 28, 2025, the Company paid $100,000 to Kenorland to buy out a 9.9% share top-up clause on all future equity financings of the Company pursuant to a purchase agreement entered into on October 26, 2022 to acquire the Wheatcroft Property in Manitoba.

   As at September 30, 2025 and December 31, 2024, management determined there was no impairment indicator identified in the Wheatcroft Property.

   The schedule below outlines the costs incurred on the Property as at September 30, 2025 and December 31, 2024:

   		As at December 31 2023	Additions/ (Writedowns)	As at December 31 2024	Additions/ (Writedowns)	As at September 30 2025
   		$	$	$	$	$
   	Acquisition
   	Cash payment	125,000	-	125,000	100,000	225,000
   	Share issuance	833,617	-	833,617	-	833,617
   		958,617	-	958,617	100,000	1,058,617
   		Cumulative to	Expenditures	Cumulative to	Expenditures	Cumulative to
   		December 31, 2023	during the year	December 31, 2024	during the period	September 30, 2025
   	Exploration and evaluation expenditures	$	$	$	$	$
   	Assays and reports	53,972	3,120	57,092	-	57,092
   	Drilling / Helicopter services	121,984	-	121,984	-	121,984
   	Environmental / Community Relations	31,492	13,835	45,327	-	45,327
   	Equipment and supplies	1,478	-	1,478	-	1,478
   	Field expenses	11,001	-	11,001	-	11,001
   	General administration	66,725	3,065	69,790	-	69,790
   	Geological consulting	58,093	2,332	60,425	-	60,425
   	Reclamation	2,771	546	3,317	-	3,317
   	Surveys and geophysics	248,540	-	248,540	-	248,540
   	Travel and accommodation	142,090	4,471	146,561	-	146,561
   	Total exploration and evaluation expenditures	738,146	27,369	765,515	-	765,515
   7.	Loans payable transactions

   The Company received loans from seven lenders with principals totalling $260,000. Each loan carries an interest rate of 10% per annum, and matures on the earlier of (i) the completion of a private placement by the Company, and (ii) one year from advance. Principal and accrued interest are due upon maturity.

   In April 2025, the Company received a loan advance of $75,000.

   In June 2025, the Company received loan advances totalling $100,000. In July 2025, the Company received loan advances totalling $85,000.

   (Unaudited - Expressed in Canadian Dollars)

2. Loans payable transactions (continued)

   The schedule below outlines the continuity schedule on the loans payable as at September 30, 2025 and December 31, 2024:

   		Opening Balance December 31, 2024	Principal	Interest Accrued	Closing Balance September 30, 2025
   		$	$	$	$
   	Loans payable	-	260,000	-	260,000
   	Interest payable on loans payable	-	-	8,029	8,029
   		-	260,000	8,029	268,029
   8.	Share capital and stock options
   (a)	Share capital

   1. Authorized: Unlimited common shares without par value

   2. Issued and Outstanding - Common Shares: September 30, 2025 and December 31, 2024: 58,517,849

      The Company had no share capital transactions for the periods ended September 30, 2025 and 2024.

      1. Stock options

         The Company has a stock option plan whereby the maximum number of shares subject to the plan, in the aggregate, shall not exceed 10% of the Company's issued and outstanding shares. The maximum term of any option will be ten years and the vesting is at the direction of the board, however, options granted to consultants performing "investor relations' activities" must at a minimum vest in stages over a period of not less than twelve months, with no more than ¼ of the options vesting in any three month period or such longer period as the board determines. The exercise price shall be no less than the discount market price as determined in accordance with TSX-V policies.

         On May 2, 2022 the Company's Board adopted a new form of stock option plan which was conditionally approved by the TSX-Vand was ratified and approved by the shareholders of the Company at the Company's Annual General Meeting of Common Shareholders on July 7, 2022. The new stock option plan was created to comply with the new TSX-V policy governing security-based compensation which became effective November 24, 2021. The new stock option plan also allows option holders to exercise options on a "Cashless Exercise" or "Net Exercise" basis, as now expressly permitted by the new policy.

         The new stock option plan replaces the Company's September 4, 2015 stock option plan.

         The Company had no stock options outstanding as at September 30, 2025 and December 31, 2024 and has no stock option transactions for the nine months ended September 30, 2025 and 2024.

3. Share capital and stock options (continued)

   1. Share purchase warrants

   The movement of share purchase warrants of the Company during the periods ended September 30, 2025 and 2024 are summarized as follows:

   Number of Warrants

   Weighted Average Exercise Price

   Balance, December 31, 2023 3,833,333 $ Expired during the period - $

   Balance, December 31, 2024 and September 30, 2025 3,833,333 $

   0.21

   -0.21

   The outstanding share purchase warrants as at September 30, 2025 are as follows:

   Number Outstanding	Expiry Date	Exercise Price	Remaining Life (in years)
   2,999,999	November 5, 2025	$ 0.21	0.10
   833,334	January 12, 2026	0.21	0.28

   The Company had no share purchase warrants transactions for the periods ended September 30, 2025 and 2024.

4. Related party balances and transactions

Key management includes directors and other key personnel, including the Chief Executive Officer ("CEO") and Chief Financial Officer ("CFO"), who have authority and responsibility for planning, directing, and controlling the activities of the Company.

All related party transactions are in the normal course of operations and are measured at fair value. All amounts due to related parties, other than specifically disclosed, are non-interest bearing, unsecured, and have no fixed terms of repayment.

Related party transactions with directors, management personnel, and companies controlled by those directors and management personnel include the following:

Nine Months Ended

September 30, September 30,

Notes 2025 2024

1. Related party balances and transactions (continued)

   Balances due to related parties include the following:

   As at

   September 30, December 31,

   Notes 2025 2024

   		$	$
   Amounts due to related companies/ directors
   - Baron Global Financial Canada Ltd.	(1)	195,054	69,662
   - David Eaton	(2)	346,500	252,000
   - Queenie Kuang	(3)	-	95
   - Denise Lok	(4)	-	805

   1. Baron Global Financial Canada Ltd provided corporate advisory services.

   2. Mr. David Eaton, officer of the Company, provided CEO services.

   3. Ms. Queenie Kuang serves on the Company's Board of Directors.

   4. Ms. Denise Lok serves on the Company's Board of Directors.

2. Financial instruments

The Company is exposed to financial risks through its use of financial instruments in its ordinary course of operations. The financial risks include market risk (including currency risk, interest rate risk and other price risk), credit risk and liquidity risk. The Company does not have any written risk management policies and guidelines. However, the board of directors meets regularly and co-operates closely with key management to identify and evaluate risks and to formulate strategies to manage financial risks. The Company has not used any derivatives or other instruments for hedging purposes and does not hold or issue derivative financial instruments for trading purposes. The most significant risks to which the Company is exposed to are described below.

1. Market risk

   Currency risk

   The Company is exposed to currency risk related to the fluctuation of foreign exchange rates. Some of the operating expenses and cash and cash equivalents held are denominated in foreign currencies. The Company does not enter into derivative financial instruments to mitigate this risk but the Company does not believe its net exposure to foreign exchange risk is significant as no significant financial assets or financial liabilities were held in foreign currencies.

   Interest rate risk

   Interest rate risk is the risk that the value of a financial instrument might be adversely affected by a change in the interest rates. Changes in market interest rates may have an effect on the cash flows associated with some financial assets and liabilities, known as cash flow risk, and on the fair value of other financial assets or liabilities, known as price risk. The Company has interest-bearing assets in relation to cash at banks and cash equivalents carried at floating interest rates with reference to the market. The Company's operating cash flows are substantially independent of changes in market interest rates. The Company has not used any financial instrument to hedge potential fluctuations in interest rates. The exposure to interest rates for the Company is considered minimal. The Company has no interest bearing borrowings.

   10. Financial instruments (continued)

   The policies to manage interest rate risk have been followed by the Company since prior years and are considered to be effective.

2. Credit risk

   The Company's cash and cash equivalents are held in authorized Canadian financial institutions. Management believes that the credit risk concentration with respect to its financial instruments is minimal. The Company adopts conservative investment strategies. Usually investments are in liquid securities quoted on recognized stock exchanges. No margin trading is allowed. The credit and investment policies have been followed by the Company and are considered to have been effective in limiting the Company's exposure to credit risk to a desirable level.

3. Liquidity risk

   The Company's ability to continue as a going concern is dependent on management's ability to raise required funding through future equity issuances. The Company has a working capital deficit of $839,809 as at September 30, 2025 (2024: $393,492). The Company manages its liquidity risk by forecasting cash flows from operations and anticipating any investing and financing activities. Management and the board of directors are actively involved in the review, planning and approval of significant expenditures and commitments.

   The liquidity policies have been followed by the Company since prior years and are considered to have been effective in managing liquidity risk.

4. Fair value measurements

The following table presents financial assets and liabilities measured at fair value in the statement of financial position in accordance with the fair value hierarchy. The hierarchy groups financial assets into three levels based on the relative reliability of significant inputs used in measuring the fair value of these financial assets. The fair value hierarchy has the following three levels:

Level 1 - quoted prices (unadjusted) in active markets for identical assets;

Level 2 - inputs other than quoted prices included within Level 1 that are observable for the asset, either directly (i.e. as prices) or indirectly (i.e. derived from prices); and

Level 3 - inputs for the asset that are not based on observable market data (unobservable inputs).

The level in the fair value hierarchy within which the financial asset is categorized in its entirety is based on the lowest level of input that is significant to the fair value measurement.

There are no financial assets and liabilities measured at fair value.

Financial instruments that are not measured at fair value are represented by cash and cash equivalents, and accounts payable and accrued liabilities. The fair value of these financial instruments approximates their carrying value due to their short-term nature.

1. Capital risk management

   The Company's capital management objectives are to ensure the Company's ability to continue as a going concern so as to benefit from its operations to provide an adequate return for its shareholders. The capital structure of the Company consists of shareholders' equity.

   The Company manages its capital structure and makes adjustments to it based on the funds available to the Company in order to support the acquisition, exploration and development of mineral properties. The Company defines capital that it manages as its shareholders' equity. The Board of Directors does not establish quantitative return on capital criteria for management, but rather relies on the expertise of the Company's management to sustain future development of the business.

   The Company has historically relied on the equity financing to fund the acquisition, exploration and development of mineral properties. In addition, the Company is dependent upon external financings to fund activities. In order to carry out planned exploration and pay for administrative costs, the Company will spend its existing working capital and raise additional funds as needed. The Company will continue to assess new properties and seek to acquire an interest in additional properties if it feels there is sufficient geologic or economic potential and if it has adequate financial resources to do so.

   Management reviews its capital management approach on an ongoing basis and believes that this approach, given the relative size of the Company, is reasonable.

   The Company is not subject to externally imposed capital requirements.

2. Subsequent events

On November 5, 2025, 2,999,999 share purchase warrants (Note 8) expired unexercised.