Northstar Gold Announces up to $1.15 Million in Flow-Through Private Placements to Drill Cam Copper Surgical Mining Target and Allied Gold Zone at the Miller Copper-Gold Property

(CSE:NSG) Northstar Gold Corp. announced two concurrent non-brokered private placements for aggregate gross proceeds of up to $1,150,000. The financings consist of a Critical Minerals Flow-Through Offering of up to 16,250,000 CM FT Units at $0.04 per unit for gross proceeds of up to $650,000, and a Flow-Through Offering of up to 14,285,714 FT Units at $0.035 per unit for gross proceeds of up to approximately $500,000. Each CM FT Unit includes one flow-through common share and one-half of one common share purchase warrant, with each whole warrant exercisable at $0.07 for 24 months. Each FT Unit includes one flow-through common share and one common share purchase warrant, with each warrant exercisable at $0.075 for 24 months. A first-tranche close of approximately $500,000 CAD is expected in the near term for the Critical Minerals Flow-Through Offering. Eligible subscribers to the CM FT Units may be entitled to the 30% Critical Mineral Exploration Tax Credit, while FT Unit subscribers may be entitled to the 15% Mineral Exploration Tax Credit. There is no minimum offering for either placement, and both may close in one or more tranches. Proceeds will be used solely for Canadian exploration expenses on Northstar's 100%-owned Ontario properties, prioritizing the Cam Copper Zone 2 target and Allied Gold Zone on the Miller Copper-Gold Property. The Offerings are available to purchasers in all Canadian provinces and territories except Quebec, with existing security holders as of November 4, 2026 eligible to participate up to an aggregate acquisition cost of $15,000 in any 12-month period unless advised by a registered investment dealer. All securities issued will be subject to a four month and one day hold period. Finder's fees or commissions may be payable in accordance with Canadian Securities Exchange policies. Insiders may participate, with exemptions from formal valuation and minority approval requirements of MI 61-101 expected to apply as insider participation is not expected to exceed 25% of market capitalization. Recent Cam Copper drilling results include: CC-23-03 with 14.78% Cu over 2.45 metres (including 21.7% Cu over 1.35 metres), CC-25-14 with 3.05% Cu, 5.90 g/t Au, 22.9 g/t Ag, and 0.45% Mo over 3.07 metres, and CC-25-16 with 13.95% Cu, 0.62 g/t Au, 32 g/t Ag, and 0.14% Mo over 0.56 metres. Northstar is advancing the Cam Copper Zone 2 Surgical Mining pilot under a definitive Turnkey Surgical Mining Services Agreement with Novamera executed October 9, 2025. The Surgical Mining for Critical Minerals Project is a collaboration with Novamera Inc., Micon International Limited, and DIGITAL - Canada's Global Innovation Cluster for digital technologies, with a total project value of approximately $11 million. Northstar received its first $627,663 DIGITAL cash reimbursement in July 2026 and is eligible for up to approximately $1.2 million of additional DIGITAL co-investment. The consortium is targeting potential small-scale copper extraction as early as late 2027, subject to permitting, financing, completion of a Mineral Resource Estimate, supporting studies, and successful demonstration of the technology. Ongoing activities at Cam Copper include metallurgical testing by SGS, borehole geophysics, geological modelling, exploration drilling, and preliminary Surgical Mining planning. A cross-hole IP/resistivity survey is underway to refine drill targets ahead of a late November drill program. At the Allied Gold Zone, previous drilling highlights include MG20-47: 1.2 g/t Au over 107.3m, MG20-49: 1.43 g/t Au over 118.5m, MG21-56: 6.6 g/t Au over 117.0m (including 1,170 g/t Au over 0.5m), MG21-63: 0.91 g/t Au over 63.9m, MG21-64: 0.87 g/t Au over 81.5m, MG21-65: 0.90 g/t Au over 29.7m, and MG21-70: 4.0 g/t Au over 50.6m (including 7.7 g/t Au over 24m). Northstar also holds the Rosegrove, Bryce, and Temagami-Milestone exploration properties in northern Ontario and is open to a strategic exploration partnership for its 100%-owned, 4,650-hectare Bryce Au-Cu-Zn Property. Brian P. Fowler, P.Geo., President, CEO and Director, is the Qualified Person who reviewed and approved the technical information.

Northstar Receives Initial $627,663 Digital Co-Investment Payment Provides Cam Copper Surgical Mining Project Update

(CSE:NSG) Northstar Gold Corp. announced receipt of an initial $627,663 DIGITAL co-investment reimbursement under the Surgical Mining for Critical Minerals Project, a collaborative initiative involving Novamera Inc., Micon International Limited, and DIGITAL – Canada's Global Innovation Cluster for digital technologies. The reimbursement was generated from approximately $2.14 million in approved eligible Project expenditures, resulting in a DIGITAL co-investment contribution of $750,524. Northstar remains eligible to receive approximately $1.2 million in additional DIGITAL co-investment funding, subject to completion of approved Project activities and claim approvals. The Surgical Mining for Critical Minerals Project was previously approved for up to $3.84 million in non-dilutive co-investment funding as part of an approximately $11 million consortium-led initiative. Northstar received renewed three-year Ontario Exploration Drilling Permit covering the entire Miller Copper-Gold Property and completed $102,000 in assessment work supporting future mining lease applications. The consortium is targeting potential small-scale surgical mining copper production at Cam Copper in early 2027, subject to permitting, financing, completion of technical studies and other project approvals. Micon International is preparing a NI 43-101 Technical Report and Mineral Resource Estimate for the Cam Copper Project.

Northstar Advances Dual Gold and Copper Projects at Miller Property amid Record Gold Prices and Renewed Kirkland Lake Exploration Activity

Northstar Gold Corp. (CSE:NSG) has provided an exploration and development update for its 100%-owned Miller Copper-Gold Property in Ontario. The company is advancing both the high-grade Cam Copper VMS project and the Allied Gold Zone, with renewed drilling planned for the latter amid higher gold prices. Recent drilling at the Allied Gold Zone has intersected significant gold and copper mineralization, and a 2023 UAV magnetic survey identified a large magnetic anomaly. Northstar and its consortium partners have been approved to access up to $4.0 million in co-investment funding from DIGITAL, supporting the Cam Copper Surgical Mining for Critical Minerals Project, which is part of a broader ~$11 million initiative. Since late December 2025, Northstar has raised gross proceeds of $1,905,700 through various offerings.

Northstar Gold Corp Closes First Tranche of Critical Minerals Flow-Through Financing

Northstar Gold Corp. (CSE:NSG) has closed the first tranche of its non-brokered private placement, issuing 4,285,714 critical minerals flow-through common shares at $0.07 per share for aggregate gross proceeds of CDN$299,999.98. The proceeds will be used for eligible Canadian exploration expenses, with a second tranche expected to close in the near term. The company and its consortium partners have been approved to access up to $4.0 million in co-investment funding from DIGITAL, supporting the Cam Copper Surgical Mining for Critical Minerals Project, which is part of a broader ~$11 million initiative. Northstar is advancing its Cam Copper Project in Ontario, with a pilot program for Surgical Mining technology and ongoing preparation of a NI 43-101 Technical Report and Mineral Resource Estimate. The company continues to seek partners for its additional exploration properties in northern Ontario.