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SOMA.V ·

SOMA GOLD Announces the Commencement of Drilling ON Psyche 2 Copper Anomaly

Exploration Programs

SOMA GOLD ANNOUNCES THE

COMMENCEMENT OF DRILLING ON PSYCHE

2 COPPER ANOMALY

VANCOUVER, BC

,

Dec. 23, 2025

/CNW/ -

Soma Gold Corp.

(TSXV: SOMA) (WKN: A2P4DU)

(OTC: SMAGF) (the "

Company

" or "

Soma

") is pleased to announce that the Colombian government

has issued drill permits for the copper anomaly in the Psyche 2 target area of the Machuca Project

in Antioquia,

Colombia

(Figure 1). A large survey completed in 2025 identified a significant copper

anomaly coincident with a prominent magnetic high at the Psyche 2 target area (see news release

dated

May 6, 2025

). A drill rig has been mobilized to the first drill pad at the northern end of the

Copper Anomaly.

Figure 1: Location of the Psyche 2 Target Area (CNW Group/Soma Gold Corp.)

Figure 2 displays a log-normal index value, combining Cu-Au-Zn-Ni-Co-Mn values, superimposed on

the first vertical derivative map. The greater than 95

th

percentile index values are clustered along the

western edge of the soil grid, forming a north-south trending anomaly with a strike length of

approximately 4.5 kilometres. This anomaly is located near the Otú Fault and is interpreted to be

controlled by associated higher-order structures. The anomalous soil samples also coincide with a

prominent magnetic high and a distinct radiometric low (Figures 2 and 3). The cause of the

geophysical anomalies is currently unknown due to limited exposure along the length of the anomaly.

Geological mapping is underway along the entire length of the anomaly to determine the nature of

the underlying bedrock. However, fresh drill core will be critical to resolving the cause of the Copper

Anomaly.

The depth extent of the magnetic anomaly underlying the copper anomaly has been constrained by a

3D inversion completed by Convolutions Geoscience (Figure 4). The magnetic anomaly appears to

be fault

bounded along its eastern and western margins and extends to depth. Soil anomalies

directly overlie the subcrop extent of the body that forms the magnetic anomaly. The Phase 1 drill

program is designed to determine the source of the magnetic and radiometric anomalies in this area.

Phase 1 drilling will target a cluster of soil samples at the northern end of the copper anomaly.

Samples in this area comprise some of the most anomalous values of the six index elements within

the broader anomaly (see Figures 2 and 3). Phase 1 will consist of four to five drill holes on the first

drill pad for a total of approximately

2,000 m

of drilling.

Chris Buchanan

, Soma's Vice President of Exploration, stated, "We are happy to be able to start

drilling on the Copper Anomaly before the end of the year. The cause of the anomaly has been the

centre of debate on the exploration team, and fresh drill core will help determine the style and tenor

of mineralization and the type of host rock in the core of the magnetic anomaly. The results of Phase

1 drilling will determine our approach to the remainder of the 4.5 km strike length of the copper

anomaly."

Soil sampling has also successfully identified numerous gold anomalies at the Psyche 2 target. The

extent and tenor of the copper anomaly represent an exciting new exploration target in the region.

Drilling will continue in 2026 at the high-grade gold targets near the Colossa Mine and the Aurum-

Orion-Eros area. Soil sampling on the Machuca Project will focus on extending the Psyche 1 soil grid

to the southeast. Airborne geophysics identified another area with coincident magnetic high-

radiometric low anomalies southeast of the Psyche 1 grid that were not tested by the 2024 soil

sampling program. Additionally, the Company continues its ESG programs across the property

packages and continues to consult with local communities regarding the ongoing exploration

activities.

The Otú fault system ("Otú Fault") extends for over 100 km, from Segovia-Remedios in the south to

Nechi in the north, where it is buried beneath younger sedimentary overlap sequences. Soma's

tenements now cover more than 56 km of this strike length. High-grade gold deposits have been

identified along the entire length of the Otú Fault, hosted in brittle-ductile to brittle quartz veins

formed during later deformation stages. Throughout the district, quartz veins show orientation

patterns consistent with formation in conjugate faults associated with brittle faulting along the Otú

Fault. Notable mines along this trend include Segovia-Remedios, La Aurora, El Limon,

Le Ye

, Los

Mangos, and Cordero. The Machuca Property is located along a key segment of this regional fault

system and shows numerous signs of high-grade gold mineralization.

Figure 2: Cu-Au-Zn-Ni-Co-Mn index of soil geochemistry overlain on a TMI coloured first vertical

derivative map (CNW Group/Soma Gold Corp.)

Figure 3: Cu-Au-Zn-Ni-Co-Mn index of soil geochemistry overlain on a radiometric ternary map

(CNW Group/Soma Gold Corp.)

Figure 4: Location of the Cu-in-soil anomaly and Phase 1 drill program on a cross-section of the 3D

Inversion of the 2025 airborne magnetic survey (CNW Group/Soma Gold Corp.)

Qualified Person Statement

Mr.

Chris Buchanan

, P.Geo, is Soma's Vice-President of Exploration and a Qualified Person as

defined by National Instrument 43-101. Mr. Buchanan has reviewed and approved the technical

information disclosed in this press release.

ABOUT SOMA GOLD

Soma Gold Corp. (TSXV: SOMA) is a mining company focused on gold production and exploration.

The Company owns two adjacent mining properties in Antioquia,

Colombia

with a combined milling

capacity of 675 tpd. (Permitted for 1,400 tpd). The El Bagre Mill is currently operating and

producing. Internally generated funds are being used to finance a regional exploration program.

With a solid commitment to sustainability and community engagement, Soma Gold Corp. is

dedicated to achieving excellence in all aspects of its operations.

The Company also owns an exploration property near Tucuma, Para State,

Brazil

that is currently

under option to Ero Copper Corp.

On behalf of the Board of Directors

"Geoff Hampson"

Chief Executive Officer and Chairman

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

All statements, analysis and other information contained in this press release about anticipated

future events or results constitute forward-looking statements. Forward-looking statements are

often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan",

"estimate", "expect" and "intend" and statements that an event or result "may", "will", "should",

"could" or "might" occur or be achieved and other similar expressions. Forward-looking statements

are subject to business and economic risks and uncertainties and other factors that could cause

actual results of operations to differ materially from those contained in the forward-looking

statements. Forward-looking statements are based on estimates and opinions of management at the

date the statements are made. The Company does not undertake any obligation to update forward-

looking statements even if circumstances or management's estimates or opinions should change

except as required by applicable laws. Investors should not place undue reliance on forward-looking

statements.

SOURCE

Soma Gold Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/December2025/23/c6173.html

%SEDAR: 00030511E

For further information:

For further information, please contact Andrea Laird, telephone: +1-604-

259-0302

CO: Soma Gold Corp.

CNW 04:15e 23-DEC-25