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Quarterback Reports Twin Project Grab Sample Assays with up to 1,220 gpt Gold

Drill Results Corporate Updates

Quarterback Reports Grab Sample Assays from

Twin Project with up to 1,220 Grams per Tonne Gold

VANCOUVER, BC / January 30, 2026 / Quarterback Resources Inc. (CSE: QB; Frankfurt: H89)

("Quarterback" or the “Company” ) is pleased to provide an update on the results from its

Twin Gold Project Phase I exploration program. The principal objectives of the program were

to complete additional geochemical rock sampling from the Takla-Rainbow mineralized gold

zone and additional logging and sampling of historic drill core located on the property in

order to further delineate the extent of gold mineralization.

Substantial exploration work was previously completed on the Twin Gold Project, including

109 drill holes totalling 21,878 metres. This work has resulted in the discovery of more than

15 zones of known mineralization representing three styles, namely high -grade gold-quartz

veins, alkalic-related gold mineralization, and alkalic-porphyry copper-gold mineralization.

Historical drilling on one of these 15 mineralized zones, the Ta kla-Rainbow Zone, has

indicated the presence of anomalous gold mineralization, including Drill Hole TR13 -88,

which returned 22.52 metres grading 2.26 ppm gold, 2.15 ppm silver, and 0.19% copper from

68.00 to 90.52 metres, and Drill Hole DDH -24 which tested t he zone 130 metres to the

northwest, and returned 131.98 metres grading 1.32 ppm gold and 0.78 ppm silver. The

former drill hole was terminated due to extreme winter weather despite still b eing in

mineralization at 90.52 meters.

In 2024, Quarterback Resources re -logged three historic drill holes at the Takla -Rainbow

Zone and completed infill sampling in these holes to better evaluate the alkalic-related gold

mineralization. Additional infill sampling was completed in 2025, for which results are

pending.

The recently completed Phase I exploration program included a total of ten grab samples

from the Takla-Rainbow Zone to assess the extent of surface gold mineralization (See Figure

1 and Figure 2). The assay results from these samples are:

Sample Number Gold (gpt) Silver (gpt) Copper (ppm)

F484951 0.246 0.91 603

F484952 0.515 0.72 263

F484953 0.126 0.62 234

F484954 0.098 0.21 26.6

F484955 0.057 0.81 949

F484956 0.257 0.54 14

F484957 4.280 11.20 14,200

F484958 1.635 6.26 941

F484959 1,220.000 1,500.00 742

F484960 1.070 2.44 17

The highlight of the results is sam ple F484959, a 2.39-kilogram sample that assayed 1,220

grams per tonne gold and 1,500 per tonne silver , along with 5.05% lead and highly

anomalous tellurium (>500 ppm) and bismuth (278 ppm) . The sample was a grab sample

from float or possible subcrop near a historic trench, approximately 350 metres on-trend to

the southeast of drill hole TR13-88. The sample consisted of weathered, iron-oxide stained,

white to glassy vuggy brecciated quartz vein material with minor visible gold and up to 5%

sulfides (pyrite, galena). (see Figure 3).

Clive Brookes, a director of Quarterback, commented, “Obviously, we are very excited about

these initial results from our exploration program. Coupled with assays from previous

sampling and drilling in the Takla-Rainbow Zone, the cumulative results suggest the potential

for bulk tonnage gold mineralization. We will have a better indication of this potential once

we analyze the results from the 177 historical drill core samples that we submitted for assay

analysis as part of our Phase I exploration program.”

Quarterback’s 2024-2025 exploration program also successfully outlined new gold in soil

geochemical anomalies, new styles of mineralization, confirmed strong historic gold assays

from drill core, and provided new insights into the geology and prospectivity of the Project.

The program also resulted in the discovery of additional areas of mineralization, as well as

extensions of previous mineralized areas.

About The Twin Gold Project

The Twin Gold project is located within the prolific Quesnel Trough in the Omineca Mining

Division of British Columbia approximately 250 kilometres northwest of Prince George,

British Columbia. The project is proximate to numerous highly prospe ctive projects ,

including:

• Northwest Copper Corp.’s Kwanika/Stardust copper-gold porphyry deposit and

copper-gold-silver skarn deposit located 500 metres south of the southern

boundary of the Twin Gold Project;

• Northwest Copper Corp. ’s Lorraine copper -gold-PGE deposit located 30

kilometres north of the Twin Gold Project;

• Centerra Gold Inc. ’s Mount Milligan copper-gold porphyry mine located 100

kilometres to the southeast of the Twin Gold Project; and

• Pacific Ridge Exploration Ltd. ’s Chuchi copper-gold project located between

Mount Milligan and the Twin Gold Project.

Substantial exploration work has been completed on the Twin Gold Project, including 109

drill holes totalling 21,878 metres. This work has resulted in the discovery of more than 15

zones of known mineralization representing three styles, namely high -grade gold-quartz

veins, alkalic-related gold mineralization, and alkalic-porphyry copper-gold mineralization.

Disclaimers

Readers are cautioned that the discussion about adjacent or similar properties is not

necessarily indicative of the mineralization or potential of the Twin Gold Project. The

Company has no interest in or right to acquire any interest in any such adjacent properties.

Readers are also cautioned that grab samples are by nature selective and not representative

of the mineralization hosted on a property. These samples are not necessarily indicative of

the grade or continuity of the mineralization on the Twin Gold Project. The results above are

indicative of the presence of mineralization rather than as a measure of economic potential.

Rock samples described in this news release were sealed on site and delivered to ALS Labs

in Kamloops, B.C. for sample preparation, with analyses at ALS Labs in North Vancouver,

B.C. ALS is a certified analytical laboratory with ISO 17025.2017 certification.

Rock samples were crushed to 2 mm and a 250 -gram sub sample was pulverized with 85%

of the sample passing 75 microns (PREP -31). The sub -sample was analysed using a

combination of ALS Labs methods including Au -ICP21 for gold (30 g Fire Assay/AAA finish)

and ME-MS61 for silver, base metals and other trace elements (4 acid digestion and trace

level ICP-MS/ICP-AES analysis). For samples returning >100 ppm silver or >10,000 ppm lead

or copper by method ME -MS61, samples were assayed by method ME -OG62 (ore grade 4

acid digestion with ICP-AES analysis). For silver results >1500 ppm Ag by ME-OG62, analysis

was by method Ag-GRA21 (fire assay with gravimetric finish, 30 g sample). Sample F484959

was prepared and analysed by metallic screen protocol, suitable for samples containing

visible gold (preparation method SCR -21, PUL -32, analytical methods Au -SCR21, Au -

GRA21, Au-AA25). For this sample, 1 kg of the prepared pulp was screened to 100 microns.

The oversized fraction was analyzed in its entirety by fire assay with gravimetric finish (Au-

GRA21). The undersized fraction was homogenized and two sub-samples were analyzed by

fire assay with AAS finish (Au -AA25). The total gold content for the sample was calculating

from the results of the oversized and undersized fractions.

Historic drill results reported in this news release represent drill intercepts. Insufficient data

exists to permit the calculation of true width of the reported mineralized intervals.

Qualified Person

This news release has been reviewed and approved by Linda Caron, M.Sc., P . Eng., who is

acting as the Company’s Qualified Person for the Twin Gold Project, in accordance with

regulations under NI 43 -101. Ms. Caron is Independent in accordance with Section 1.5 of

National Instrument 43-101.

About Quarterback Resources Inc.:

Quarterback Resources Inc. is engaged in the identification, acquisition, exploration and

development of mineral resource projects.

The Company holds the exclusive option to acquire a 100% interest, subject to a 2% net

smelter returns royalty, in the Twin Gold Project, which consists of 16 mineral claims

covering approximately 11,110 hectares in the Omineca Mining Division, British Columbia

Figure 1:

Figure 2:

Figure 3:

Grab sample F484959 assaying 1,220 grams per tonne gold and 1,500 grams per tonne silver

ON BEHALF OF QUARTERBACK RESOURCES INC.

Jigang (Alex) He

President and Chief Executive Officer

Email: [email protected]

FORWARD LOOKING INFORMATION

Certain statements in this news release are forward-looking statements, including with respect to future plans,

and other matters. Forward-looking statements consist of statements that are not purely historical, including

any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can

generally be identified by the use of forwarding -looking wording such as "may" , "expect" , "estimate" ,

"anticipate" , "intend" , "believe" and "continue" or the negative thereof or similar variations. The reader is

cautioned that assumptions used in the preparation of any forward -looking information may prove to be

incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a

result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the

control of the Company, including but not limited to, business, economic and capital market conditions, the

ability to manage operating expenses, and dependence o n key personnel. Forward looking statements in this

news release include, but are not limited to, statements respecting: completion of the option agreement; future

assay results; and the completion of additional exploration on the Twin Gold Project, including potential

drilling. Such statements and information are based on numerous assumptions regarding present and future

business strategies and the environment in which the Company will operate in the future, anticipated costs,

and the ability to achieve goals. Factors that coul d cause the actual results to differ materially from those in

forward-looking statements include, the continued availability of capital and financing, litigation, failure of

counterparties to perform their con tractual obligations, loss of key employees and consultants, and general

economic, market or business conditions. Forward -looking statements contained in this news release are

expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any

forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release.

Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise

any forward-looking statements, whether as a result of new information, future events or otherwise.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for

the adequacy or accuracy of this news release