Pirate Gold Expands Moosehead Discovery with 21.4g/t Au over 2.20m

Expansionary drilling has now tested the Rib Vein discovery at Moosehead along 150m strike and 90m vertical depth - consistent high-grade results up to 6.97g/t Au over 5.35m including 69.1g/t Au over 0.45m in PGC-26-033. Rib Vein remains open at depth. New Moosehead Regional discovery 500m southwest of Moosehead announced on Feb 27, 2026 - 75m downhole corridor in PGC-25-006 contained six intervals of mineralization above 1g/t Au including 1.14g/t Au over 8.10m.

Follow up to Moosehead Regional discovery - results include 1.27g/t Au over 7.00m in PGC-26-049 and high-grade results of 5.74g/t Au over 1.60m in PGC-26-041 expanding the footprint to 200m of strike length. Some of the deepest drilling to date at Moosehead Western Trend expands mineralization at its southern extents - PGC-26-051A intersecting 21.4g/t Au over 2.20m including 91.1g/t Au over 0.50m at a vertical depth of 140m. Episode 11 of Pirate Gold Treasure Hunters now airing : https://youtube.com/watch?v=z3jWZ7DjdrQ St. John's, Newfoundland and Labrador--(Newsfile Corp. - May 26, 2026) - Pirate Gold Corp. (TSXV: YARR) (OTCQB: YARRF) ("Pirate Gold" or the "Company"), is pleased to announce expansionary drill results from the Moosehead zone at its Treasure Island Project.

The Treasure Island project in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold district. Rib Vein Structure: A newly discovered vein structure first announced on April 13, 2026, returned high-grade results of 65.1g/t Au over 3.25m in PGC-26-028. The vein has now been tested with sixteen holes and expanded to 150m of strike length and 90m of vertical depth.

New high-grade results include: 6.97g/t Au over 5.35m including 69.1g/t Au over 0.45m (PGC-26-033) 6.65g/t Au over 2.95m including 29.4g/t Au over 0.45m (PGC-26-034) 21.0g/t Au over 1.0m (PGC-26-040) Regional Discovery Zone: On February 27, 2026, the Company announced the discovery of a broad 75m interval in hole PGC-25-006 con