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EVER.V ·

Evergold Announces the Appointment of Alvin Jackson to the Board of Directors

Management Changes

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NEWS RELEASE

Evergold Announces the Appointment of Alvin Jackson to the Board of Directors

Toronto, Ontario – July 10, 2025 - Evergold Co rp. (TSX-V: EVER, WKN: A2PTHZ) (“Evergold” or the “Company”)

is pleased to announce that Alvin W. Jackson, P.Geo., has joined the board of directors. Mr. Jackson brings to the

board long experience as a director and executive of junior mineral exploration companies, and extensive worldwide

experience in mineral exploration and development, including work on such major mineral deposits as Detour Lake in

Ontario (Archean gold), Golden Cross in New Zealand (gold) and Huckleberry in BC (porphyry copper), all of which

subsequently became producers. He was the founder of EuroZinc Mining Corp. which, under his tenure acquired the

Neves Corvo VMS copper mine and Aljustrel zinc-copper mines in Portugal and grew to a market capitalization of

over $1.8 billion before being acquired by Lundin Mining. Mr. Jackson is presently active on the boards of several

resource juniors including Finlay Minerals Ltd. and has served as VP Exploration and Development at Freegold

Ventures Limited since February 2011, which is advancing the high-profile Golden Summit gold prospect in Alaska.

“We are very happy to have Alvin’s vote of confidence in Evergold and his help advancing its prospects,” said Kevin

Keough, President and CEO. “Key among them is Golden Li on in BC’s high-profile Toodoggone region, strategically

located between tenures held by Thesis Gold on the one hand, and TDG Gold on the other, and the DEM porphyry prospect

located near Fort St. James in central BC. Both these properties have considerable merit, and provide a strong foundation

for growth.”

About Evergold

Evergold Corp. is a TSX-V listed mineral exploration company with projects in B.C. and Nevada. The Evergold team has

a track record of success in the junior exploration space, mo st recently the establishment of GT Gold Corp. in 2016 and

the discovery of the Saddle epithermal vein and porphyry copper-gold deposits near Iskut B.C., sold to Newmont in 2021

for a fully diluted value of $456 million, representing a 1,136% (12.4 X) return on exploration outlays of $36.9 million.

For additional information, please contact:

Kevin M. Keough

President and CEO

Tel: (613) 622-1916

[email protected]

www.evergoldcorp.ca

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 news release.

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain “forward-looking statements” which are not comprised of histor ical facts. F orward- looking s tatements include

estimates and state ments that describe the size of the Offering, the completio n and terms of the Offering, Company’s future plans, objectives or

goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may

be identifie d by such ter ms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since f orward-looking

statements are based on assumptions and a ddress future events and conditions, by their very nature they involve inherent risks and uncertainties.

Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will

meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results,

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performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could

cause actual results to differ materially from such forward-looking information include, but are not limited to, risks related to the amendment of the

size of the Offering and the completion, terms and expected closing date of the Offering, failure to receive requisite approval s in respect of the

Offering, failure to identify mineral resources, delays in obtaining or failures to obtain required governmental, environmental or other project approvals,

political risks, inability to fulf ill the duty to accomm odate First Nations, uncertainties relating to th e availability and cos ts of financing needed in the

future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the develo pment of projects,

capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and

those risks set out in the Company ’s public documents filed on SEDAR. Althou gh the Company believes t hat the assumptions and fa ctors used in

preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only

applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time fr ames or at all. The

Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new i nformation, future

events or otherwise, other than as required by law.