QGold Strengthens Board of Directors with Appointment of Jamsheed Mehta, former Vice-Chair at BMO Capital Markets

Core Insights - Q-Gold Resources Ltd. has appointed Jamsheed Mehta to its Board of Directors, effective immediately, bringing over 35 years of capital markets experience [1][2] - The company also appointed Scott Moore as VP Corporate Development, who has over 25 years of experience in the resource sector [5] Leadership Changes - Jamsheed Mehta's extensive background includes a 31-year tenure at BMO Capital Markets, where he held senior leadership roles and was Vice-Chair until 2023 [2][3] - Scott Moore has previously served as CEO of Euro Sun Mining Inc. and has a strong background in resource management [5] Quartz Mountain Gold Project - The Quartz Mountain Gold Project, located in southern Oregon, is Q-Gold's flagship asset and represents a significant gold development opportunity [6][12] - The project was acquired from Alamos Gold in Q4 2025 and has a mineral resource estimate of approximately 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t [7][8] Mineral Resource Estimate - The mineral resource estimate includes an additional 148,000 ounces of gold at a grade of 0.77 g/t and 135,000 ounces of silver at a grade of 0.70 g/t in the inferred category [8] - The estimate is suitable for conventional open-pit mining methods, indicating a favorable development scenario for the project [8]