Kinross Gold Commences 2026 Drill Program at Riley Gold's PWC Gold Project (Cortez District - Nevada)

Vancouver, British Columbia--(Newsfile Corp. - August 12, 2026) - Riley Gold Corp. (TSXV: RLYG) (OTCQB: RLYGF) ("Riley Gold" or the "Company") is pleased to announce that the 2026 drilling campaign is underway at the Company's Pipeline West/Clipper Gold Project ("PWC") operated by Kinross Gold U.S.A., Inc. ("Kinross"), a wholly-owned subsidiary of Kinross Gold Corporation (TSX: K) (NYSE: KGC).

"We are happy to have the 2026 drilling underway at PWC. As highlighted in our July 14, 2026 news release, the Kinross technical team along with Riley Gold's Paul Dobak, have defined high-priority drill targets along and on trend with the highest-grade gold-in-soils anomaly known area on the property. These are exciting targets, based on iterative geological, geophysical and data interpretation to date, in areas that have never been drill tested within our 27.2 square kilometer land package. Our PWC project is within the Cortez District, which has a significant history of gold production and current reserves. PWC adjoins Nevada Gold Mines LLC ("NGM"), a joint venture between Barrick Gold Corp. and Newmont Corporation, that has current production within their Cortez/Pipeline complex. Our primary target remains a large, disseminated gold deposit peripheral to the Gold Acres stock (see Figure 1), a geologic setting similar to NGM's Pipeline gold deposit," commented Todd Hilditch, CEO of Riley Gold.