EMNT.V · 2025-01-16 12:00:00

Eminent's First Drill Hole Hits Significant Gold-Arsenic in Getchell Trend Analogue and Commences Second Hole at Hot Springs Range Project

Exploration Programs

Eminent's First Drill Hole Hits Significant

Gold-Arsenic in Getchell Trend Analogue and

Commences Second Hole at Hot Springs

Range Project

Vancouver, British Columbia--(Newsfile Corp. - January 16, 2025) -

Eminent Gold Corp. (TSXV:

EMNT) (OTCQB: EMGDF) ("the Company" or "Eminent")

is pleased to provide its first core assays

at the Hot Springs Range Project in Nevada (see Figures 1 and 2 for location), and to announce the

2025 drill program is underway.

Eminent completed the first core hole HSC002* in its maiden drill program at the Otis target within the

Hot Springs Range Project ("HSRP") (see NR dated 12/31/24).

The objective of the drill hole was to look

for geologic and geochemical indicators that HSRP is an analogue to the prolific Getchell Trend (50-

million-ounce gold endowment

) 15 km across the Eden Valley (Figure 2).

The hole encountered

significant alteration in the form of silica and hematite replacement of volcanic rocks and limestone

(Figure 3 (plan) and Figure 4 (cross-section)). To date, only select samples chosen for gold rush assay

have returned.

Samples collected included 110 meters spread out over the top 300 meters of the hole,

with the

remaining 390 meters of the hole still awaiting assay.

The best intercept to date is

2.9

meters (m) of 2.2 g/t gold (Au) and 2,107 ppm arsenic (As)

including 3.9 g/t Au over 0.91 m

starting at 272.8 m downhole

, which occurred in strongly faulted, silicified and hematite-replaced

volcanic rocks (core photo in Figure 5).

Several other samples in the gold-rushed samples assayed

above

100 parts per billion (ppb) Au and/or 1,000 parts per million (ppm) As

starting at 225 m

depth and continuing to 295 m depth.

The assays are not complete over this interval so additional

anomalous samples may be present.

Dan McCoy, Chief Geologist and Director commented:

"Our thesis is that our Hot Springs Range Project may represent a prolific parallel version of the

nearby Getchell Trend. Our first partially reported drill hole, which did not cross the main structure,

intersected strong alteration as well as significant gold and arsenic within the alteration.

The second hole is currently drilling across nearby primary structures, which we feel may be

associated with the heart of the system."

The information obtained from this hole provides a clear path for the second drill hole, which will target

the intersection of NE faults with the NW Eden Valley fault and the thrust fault bounding the lower contact

of the Home Ranch Terrane (see Figure 3 for location and Figure 6 for planned section).

HSC002,

despite having anomalous gold and arsenic numbers, did not cross any of these major structures (Figure

4).

Paul Sun, President and CEO of the Company commented:

"Hitting significant gold and arsenic in our first hole and on the other side of the Getchell Trend, where

nobody has drilled before, is super exciting due to the magnitude of the nearby mines and the

analogous features. We believe we are in the infancy of a potential world-class gold discovery in

Nevada at our Hot Springs Range Project, and we are very excited to be advancing our other two

projects towards drilling as gold's price and outlook improve."

All scientific and technical information in this news release has been prepared by, or approved by

Michael Dufresne, PGeo. Mr. Dufresne is a qualified person for the purposes of National Instrument 43-

101 - Standards of Disclosure for Mineral Projects.

Figure 1.

Eminent Project Location Map.