Blue Jay Gold Reports Skukum Creek Assay Results

• Blue Jay Gold Corp assayed 200 samples from three Skukum Creek holes and two Mt. Skukum holes.
• Hole SC26-003 extended mineralization roughly 32 metres down-plunge from SC21-027.
• Blue Jay Gold Corp plans to re-drill the SC26-004 target in a future phase.
• Blue Jay Gold Corp engaged ICP Securities Inc. under a four-month agreement starting September 10, 2026.

Assay Results

Blue Jay Gold Corp released assay results from the first three holes at Skukum Creek—holes 1, 3 and 4—along with holes 1 and 4a at Mt. Skukum, covering 200 samples in total. Hole SC26-003 extended the SC21-027 zone by approximately 32 metres down-plunge.

It confirmed mineralization more than 30 metres down-plunge of SC21-027, drilled in 2021, with effectively the same width, grade and grade distribution.

— Geordie Mark, CEO, Blue Jay Gold Corp

Skukum Creek Corridor

The Skukum Creek Structural Corridor extends more than 15 km. Mineralization at Skukum Creek carries a strike length of more than 1 km. Blue Jay Gold Corp plans to re-drill the SC26-004 target in a future phase.

Historical Production

Mt. Skukum mine produced 77,790 ounces of gold between 1986 and 1988.

Technical Report Assumptions

The 2026 Technical Report, effective Oct. 31, 2025, assumes a gold price of US$2,850/oz and a silver price of US$34.20/oz. The report applies a cutoff grade of 3.0 g/t AuEq, using a gold-to-silver ratio of 85.6:1.

Steller Gold Project

Blue Jay Gold Corp's flagship Steller Gold Project, 100%-owned in southern Yukon, covers a 170 km² land package. The company has hyperspectral-scanned roughly 18,000 metres of core across the project.

ICP Securities Engagement

Blue Jay Gold Corp engaged ICP Securities Inc., established in 2023, under an agreement starting September 10, 2026 with an initial four-month term. The agreement carries a monthly fee of C$7,500 plus applicable taxes and includes no performance factors, stock options or other compensation.

Qualified Person

Freeman Smith, P.Geo. and VP Exploration of Blue Jay Gold Corp, serves as the qualified person for the technical disclosure.