CSE: UG  | OTCQB: UGODF | FSE:47I

Historical 3.31M oz Gold Resource* With Significant Potential For New Discoveries

A Foundation

A Defined Execution Window

“We believe there are very few companies at our valuation with a 3.31-million-ounce historical resource and a defined pathway toward materially expanding that asset. Today the market sees a historical resource. We see a foundation.
Over the next 12-18 months we have a clear execution strategy: incorporate additional drilling, bring copper and silver into the resource story, execute approximately 10,000 metres of drilling, and work toward a resource exceeding 4 million ounces.
We believe those milestones could materially change how the market views the asset.”

SOPHY CESAR, CEO & DIRECTOR, UPSIDE GOLD CORP.

KEY CATALYST 01

~10,000m Drill Program

An expanded drill program targeting the 11km mineralised trend beyond the current 4km resource footprint. Drilling step-outs and infill holes aimed at resource expansion and Inferred-to-Indicated conversion.

JUNE – JULY 2026

KEY CATALYST 02

Copper & Silver Resource

Upside plans to undertake its own metallurgical test work to establish copper and silver recoveries – work that will allow Cu and Ag to be formally included in an updated resource estimate for the first time.

H2 2026

KEY CATALYST 03

Updated NI 43-101 MRE

A compliant Mineral Resource Estimate incorporating Upside’s 2025 and 2026 drilling, an additional 5000m of historical data,  and potentially copper and silver values. This will replace the existing historical estimate.

Q1 2027

KEY CATALYST 04

Regional Growth Pipeline

Advancing multiple high-priority exploration targets along the broader mineralized trend, including Venus-Juno, Starlight, and Euphrate, with the objective of demonstrating additional district-scale resource potential beyond the current footprint.

2027

Building Upside Gold

Advancing Kena in the Public Markets

Upside Gold Corp. is advancing the Kena Gold-Copper Project — a large-scale gold-copper asset in a Tier 1 Canadian mining jurisdiction featuring a historical 3.31Moz NI 43-101 resource, an 11 km mineralized trend, and significant district-scale expansion potential. Backed by an active 2026 exploration program, the Company is focused on unlocking additional resource growth, advancing discovery potential, and positioning the project for long-term shareholder value creation.

CSE: UG | OTCQB: UGODF | FSE:47I

3.31M Ounce Historic Gold Resource

Large-scale historical gold resource located in British Columbia’s prolific Kootenay mining region.

Large-scale BC gold system with significant expansion potential across multiple mineralized zones within the highly prospective Kootenay Volcanic Arc.

22 Priority Drill Targets Identified

Multiple high-priority exploration targets identified through extensive geological and geophysical compilation work.

Multiple high-priority targets remain largely untested, including several areas with little or no historical drilling across the property.

11+ Kilometres of Mineralized Strike

District-scale mineralized corridor extending significantly beyond the currently defined historical resource area.

Extensive mineralization extends well beyond the current historical resource, supporting strong district-scale growth and future discovery potential.

Bulk-Tonnage Open Pit Potential

Near-surface mineralization across a district-scale gold-copper system.

Multiple broad mineralized zones, road access, and strong regional infrastructure support the long-term potential for large-scale open pit development at Kena.

Hear from the CEO

CEO Sophy Cesar has spoken with several mining and resource media outlets about Upside Gold’s strategy, the Kena project, and the 2026 exploration programme.

DISCLAIMER

This page contains factual information about Upside Gold Corp. A research report is available to download. Research produced by Pitt Street Research Pty Ltd, engaged and paid by the company. This page does not constitute investment advice. Please read the full disclaimer.


Qualified Person Statement:

The scientific and technical information contained on this page has been reviewed and approved by Dr. Trevor Boyd, Ph.D, P.Geo, who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Trevor Boyd is the VP Exploration of Upside Gold and has verified the data disclosed, including sampling, analytical, and test data underlying the information or opinions contained herein.

* A technical report titled “NI 43-101 RESOURCE ESTIMATE FOR THE KENA AND DAYLIGHT PROPERTIES” by Sue Bird, Moose Mountain Technical Services was issued May 3, 2021 and filed on SEDAR by West Mining Corporation. It reports an Indicated Mineral Resource of 32,146,000 tonnes at an average grade of 0.544 g/t Au for 0.561 million ozs and an Inferred Mineral Resource of 177,507,000 tonnes at an average grade of 0.486 g/t Au for 2.77 million ozs. The Qualified Person for Upside Gold has not done sufficient work to classify this now historical estimate as current mineral resources and the Company is not treating the historical estimate as current mineral resources. It is not be relied upon. The historical estimate uses the categories set out in section 1.2 of the NI-43-101. The parameters used for the estimate are outlined in Bird (2021). To upgrade the historical estimate as current mineral resource additional drilling will have to completed.

KENA Gold-Copper Project

large-scale exploration upside

CSE: UG | OTCQB: UGODF | FSE:47I

Upside Gold is advancing the historical Kena Gold-Copper Project — a district-scale asset spanning more than 10,000 hectares in the prolific Kootenay Volcanic Arc, a region known for hosting numerous past-producing gold and silver mines.

The Kena Project combines large-scale exploration upside with an established historical resource base*, including 561,900 ounces of gold in the indicated category and 2.77 million ounces in the inferred category, as filed in 2021. With extensive mineralization identified across multiple zones, the Company is focused on expanding both near-surface and deeper gold-copper targets through ongoing exploration and development.

Positioned in a Tier-1 mining jurisdiction with year-round accessibility and significant growth potential, Kena represents an emerging opportunity for investors seeking exposure to a scalable Canadian gold-copper story.

KENA Gold-Copper Project

KENA Gold-Copper Project

FAVOURABLE SETTING FOR MINERAL DISCOVERY

Building Upside Gold

Three-Pronged Approach to Resource Growth

Upside has outlined a three-part approach to growing the resource. The company believes a 30% increase may be achievable, though this is not guaranteed and is subject to exploration results.

01

New Drilling

Approximately 5,000m of drilling is planned to test extensions of known mineralization along strike and at depth while evaluating new target areas across the broader district. The program is intended to support resource expansion and improve the understanding of the larger mineralized system.

~5,000m PLANNED • 1,002m COMPLETE •
TARGET: NE MARGIN + KENA COPPER ZONE

02

Incorporating Past Work

The current historical resource did not incorporate approximately 5,000m of drilling completed in 2021 & 2022. Integrating these results into an updated geological model may contribute meaningfully to future resource growth and support the upgrading of portions of the resource from Inferred to Indicated.

~5,000m HISTORIC DATA

03

Include Copper & Silver

Historical compilation work has confirmed the presence of significant copper and silver values that were not included in the 2021 gold-only historical* resource estimate. Subject to metallurgical, incorporating these metals may enhance the overall resource profile and support future Cu-Au-Ag equivalent reporting.

DATA COMPILATION •METALLURGICAL
TESTING PLANNED

Company Timeline

2026 Through 2027

Upside has outlined a three-part approach to growing the resource. The company believes a 30-40% increase may be achievable, though this is not guaranteed and is subject to exploration results.

2025

Trenching & Initial Drill Results

Release of 2025 trenching results alongside initial drill results from three completed holes totalling 1,002m confirmed width and continuity of gold mineralization

Mid 2026

4,000m Drill Program

Expanded drilling targeting extensions of known mineralization along strike and at depth, while advancing high-priority exploration targets in the Kena Copper Zone with the potential to support additional resource growth.

EARLY 2027

Updated NI 43-101 MRE

A compliant current Mineral Resource Estimate incorporating ~10,000m of drilling and copper and silver values. Target: 4M+ oz resource.

2027

Resource Growth & Exploration Plan

Plans to advance exploration beyond the resource footprint through continued fieldwork, target refinement and drill testing of high-priority targets, with the objective of identifying additional opportunities for growth.

ABOUT UPSIDE GOLD CORP

CSE: UG | OTCQB: UGODF | FSE:47I

Upside Gold Corp

Upside Gold is a resource exploration company dedicated to developing the historical Kena Gold-Copper Project in the Tier-1 mining jurisdiction of south central British Columbia, Canada. The project spans over 10,000 hectares in British Columbia’s highly prospective Kootenay Volcanic Arc. This region has a history of hosting numerous now-closed gold and silver mines and prospects since the early 1900s and remains a promising area for further development.

The Kena Project is characterized by significant gold and copper mineralization, with a historical resource estimate* filed in 2021 of 561,900 ounces in the indicated category and 2.77 million ounces in the inferred category. Our ongoing exploration activities will focus on expanding these resources, targeting both near-surface and deeper mineralization.

Management & Directors

Sophy Cesar

CEO & DIRECTOR

  • 15+ years of senior exec experience in junior resource sector on the TSX, TSXV and CSE
  • Deeply experienced in capital raising, securing key partnerships and liaising with retail and institutional investors

Dr. Trevor Boyd

VP EXPLORATION

  • Ph.D, P.Geo
  • 30+ years’ of senior experience in the resource sector
  • Prior geologist roles at Noranda, Falconbridge, and Westmin Resources

Roger Jewett

CHIEF FINANCIAL OFFICER

  • CPA, CA
  • Completed debt and equity financings for multiple companies of up to $70M
  • Over 30 years experience leading public and private companies

David Hergenhein

DIRECTOR

  • Over14 years of public accounting and financial reporting experience
  • Four years at Deloitte & Touche LLP and a Chartered Professional Accountant (CPA)
  • Provided financial management services for international junior oil and gas exploration companies

Eugene Chen

DIRECTOR

  • Partner at McLeod Law LLP
  • Over 25 years experience as a securities, corporate finance, and mergers & acquisitions lawyer
  • Deep experience in advising emerging and growth-oriented companies

KENA NEWS

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