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

TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- Evergold Corp. (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 Lion 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, most 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
kevin.keough@evergoldcorp.ca
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 historical facts. Forward- looking statements include estimates and statements that describe the size of the Offering, the completion 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 identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address 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, 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 approvals 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 fulfill the duty to accommodate First Nations, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development 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. Although the Company believes that the assumptions and factors 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 frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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