Ramp Metals Inc. provided final drill results and a technical update for its new high-grade gold discovery in Saskatchewan. The Company has now received final assays from its winter 2024 drill program at the Rottenstone SW property. In addition to the discovery hole (Ranger-01), the Company also intersected gold mineralization in all drillholes at its Rogue target 3km away.

Ranger Target: Ranger-01 drillhole was drilled to a depth of 314m and tested a conductive anomaly approximately 3km east-south-east of the Rogue target. Prospecting in October 2023 discovered angular, ultramafic boulders and outcrop at this location. Two samples from the October program, 170677 and 170681, returned significant gold values of 5.11 g/t and 1.09 g/t, respectively.

After further inspection, it's been determined that Quartz diorite was intersected from 145.05m until the end of the hole at 314m. The main intrusive body was cross-cut with mafic dykes and thin bands of granitic material. The high-grade sections contained very fine-grained visible gold.

Mineralization was located within higher strain zones with more pronounced foliation. Rogue Target: The Rogue target also shows significant potential for gold. Three drill holes totalling 866m were drilled at the Rogue target.

All three holes intersected gold mineralization. The gold mineralization intersected to date at Rogue appears to be associated with late-stage granitic pegmatites. The Company speculates that the multiple low-grade intercepts and alteration styles encountered at Rogue point to the potential of a significant gold system on the property.

The Rogue and Ranger targets are located approximately 3km apart, across regional strike. Despite no significant nickel or copper mineralization being intersected, the Company believes there may be a spatial relationship between the pyrrhotite rich sulphide zones encountered and the gold mineralization in the region. Next Steps: The Company is currently in the permitting and consultation process for an extensive geophysical, mapping, and sampling program.

A follow up fall/winter drill program is also being planned. Further assays will be submitted in select sections to fill in Multi-Element gaps in results as well as whole rock analysis to aid in further investigation and analysis. As a result of the discovery, the Company is planning to shift its focus from battery metals to gold exploration and will be updating its website and corporate presentation in the near future.

Geochemical Sampling Procedures: All drill core samples were sent to Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Saskatchewan (an accredited laboratory) by secure transport for base and precious metal assay. Base metals were assayed by their ICP3 base metal package, which includes a total of 35 analytes by ICP-OES. All samples that were assayed by the ICP3 base metal package have been analyzed for gold, platinum and palladium using the AU5 Fire Assay Technique.

Any remaining samples not sent for ICP3/AU5 were assayed using the AU2 Fire Assay Technique. All drill holes are systematically logged, photographed and sampled by a trained geologist at Ramp Metals' secure core processing facility. Drill core samples are marked in intervals of up to 1.5m and cut in half using a diamond saw with half sent for assay and the other half saved for reference.

Samples are then bagged and zip-tied, with 10-13 bagged samples placed into sealed rice bags for transport to SRC by Company personnel directly. Sample QA/QC procedures were applied by inserting a regular and systematic schedule of standards, blanks and duplicates into the sample stream. Certified standard reference material, blanks and duplicates were inserted into the sample stream at a minimum target of 5% insertion rate in addition to the laboratory's internal quality assurance programs. Blanks were inserted at the start of each batch (35-36 samples) and additionally at the discretion of a trained geologist after samples of high sulphide content.

Certified standard reference material and duplicates were inserted into the sample sequence at a rate of 1 in every 30 samples each, alternating between a standard and duplicate every 15 samples. The Rottenstone SW Property: The Rottenstone SW property is located in the Rottenstone Domain, in Northern Saskatchewan, Canada, approximately 115 kilometers North of La Ronge, Saskatchewan. The property consists of 19 mineral deposit claims covering approximately 32,715 hectares.

The Rottenstone SW property is located along a regional NE-SW structure from the historic Rottenstone Mine, which produced 40,000 tons of high-grade nickel-copper-platinum group elements plus gold (Ni-Cu-PGE + Au) ore grading 3.28% Ni, 1.83% Cu and 9.63 g/t (Pt-Pd-Au).