Provenance Gold Continues to Expand Mineralized System with Multiple Broad Gold Intervals at Zone 4 within the Tyee AreaVancouver, British Columbia--(Newsfile Corp. - January 7, 2026) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) ("Provenance" or the "Company") is pleased to announce assay results from the final seven reverse circulation (RC) drill holes in the Tyee and Striker areas which form part of Eldorado West Project in Eastern Oregon. The five new holes from the Tyee area continue to define broad, continuous, gold mineralization across multiple structural and geological domains, further strengthening the interpretation that Eldorado West is part of a large-scale, multi-kilometer gold system.Zone 4: Tyee Area HighlightsED-30:0.67 g/t Au over 68.58 m, including:1.18 g/t Au over 9.14 m2.08 g/t Au over 7.62 mED-310.59 g/t Au over 117.35 m, including:1.50 g/t Au over 19.81 m1.15 g/t Au over 9.14 mED-330.55 g/t Au over 59.44 m, including:1.03 g/t Au over 6.10 m1.03 g/t Au over 7.62 mED-350.40 g/t Au over 64.01 m, including:0.84 g/t Au over 15.24 m0.52 g/t Au over 32.00 m, including:1.27 g/t Au over 4.57 m0.93 g/t Au over 3.05 m0.25 g/t Au over 50.29 m, including:0.54 g/t Au over 6.10 mDrill holes ED-30, ED-31, ED-33, ED-34, and ED-35 confirm strong, continuous gold mineralization continues westward in the greater Tyee Area, intersecting broad and pervasive gold mineralization that includes higher-grade zones and is hosted in altered diorite (Figure 1, Table 1).Provenance Chairman Rauno Perttu stated, "These new holes strongly reinforce the scale and continuity of open-pit grade mineralization in this portion of the Eldorado West mineralized system. The large and consistent mineralized intervals encountered in Zone 4 of the Tyee area show that Eldorado West continues to grow significantly and remains open in all directions. We are still in the early stages of defining what we believe will become a very significant gold district. We are permitting major step-out drill pads at Eldorado West for the 2026 drilling season as well as our maiden drill program at Eldorado East."Figure 1. Plan Map of the Tyee and Striker Area Drill Interception LocationsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5654/279684_6f2530f3e4f88847_001full.jpgTyee Area ED-31, drilled approximately 500 meters southwest of the Zone 1 discovery area (Figure1), was one of the strongest holes drilled in this part of the system to date, intersecting 0.59 g/t Au over 117.35m, including two separate higher-grade intervals grading 1.5 g/t Au over 19.81m and 1.15 g/t Au over 9.14m. ED-30 intersected broad mineralization over 68.58m and ED-34 and ED-35 returned multiple stacked zones with both moderate and higher-grade intervals (Figure 1, Table 1). The mineralization occurs in both diorite and metasedimentary rock units and is associated with intersections of steep and shallow-dipping structures that extend across the property. The results demonstrate that the northern portion of Eldorado West hosts a large, laterally continuous gold system and confirms a corridor of strong mineralization extending southwest within the Tyee Area. Geological mapping of the Herman area together with preliminary radiometric geophysical survey results, indicate that the mineralized corridor at Herman extends to the south-southwest adding significant exploration targets for drilling in 2026. The system remains open in all directions at the Eldorado West.Striker AreaTwo RC holes totaling 588 meters were completed (Figure 1, Table 1) as a preliminary test of an IP chargeability anomaly from a survey conducted in 2024, located in a previously undrilled area known as Striker. At Striker, drill holes ED-32 and ED-36 intersected gold mineralization along intrusive-metasedimentary contacts similar to the styles observed in the Herman Area. ED-32 returned 0.87 g/t Au over 4.57m and 0.52 g/t Au over 4.57m, and ED-36 returned 1.23 g/t Au over 3.05m and 0.44 g/t Au over 4.57m which suggests a new area of mineralization is present further to the southwest in a previously untested area. More recent mapping around the Striker Area suggests mineralization locally trends northeast-southwest and therefore the strongest part of the mineralized corridor was not fully evaluated from the southernly oriented drilling in ED-32 and 36. Testing the possible northeast-southwest mineralized corridor at Striker remains one of many follow-up targets for 2026.Table 1. 2025 RC Drill Holes Assay ResultsHoleFromToLengthGoldArea(m)(m)(m)(g/t)ED-3022.86091.4468.580.67Tyeeincluding50.29259.4369.141.18 and71.62879.2487.622.08And158.496176.78418.290.24ED-3171.628188.976117.350.59Tyeeincluding94.488114.30019.811.50 and128.016137.1609.141.15ED-3218.28822.8604.570.87StrikerAnd231.648236.2204.570.52ED-3322.86082.29659.440.55TyeeIncluding28.95635.0526.101.0374.67682.2967.621.03ED-34117.348132.58815.240.71Tyeeincluding124.968131.0646.101.22And163.068176.7841