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Sorrento Resources Ltd. (CSE: SRS) (OTCQB: SRSLF), a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to announce that drillhole RC26-010 intersected a 31m thick interval with a grade of 0.42g/t Au at the Company’s Rodgers Cove Project in Newfoundland and Labrador.
Highlights:
Gold mineralization primarily occurs in altered mafic dykes hosted within a quartz diorite. Locally, the quartz diorite also hosts gold and sulphide mineralization in quartz veins as well as in its groundmass.

Table 1. Compiled composites for drill holes RC26-005, RC26-006, RC26-007, RC26-008, RC26-009, RC26-010, RC26-011, RC26-012, and RC26-013. *Indicates the presence of visible gold and was assayed using total pulp metallics. Intervals are reported as core lengths. Currently, data is insufficient to determine true widths.

Figure 1. Drill hole collars for all the completed holes overlain on a heat map for Sorrento Resources Au soil anomalies.

Figure 2. Cross section of drill holes RC26-001, RC26-003, and RC26-005 highlighting Au g/t assay values and lithologies.

Figure 3. Cross section of drill hole RC26-007 highlighting Au g/t assay values and lithologies.

Figure 4. Cross section of drill holes RC26-010 and RC26-011 highlighting Au g/t assay values and lithologies.

Figure 5. Cross section of drill holes RC26-002 and RC26-006 highlighting Au g/t assay values and lithologies.

Figure 6. Cross section of drill holes RC26-012 and RC26-013 highlighting Au g/t assay values and lithologies.

Figure 7. Cross section of drill holes RC26-008 and RC26-009 highlighting Au g/t assay values and lithologies.

Table 3 UTM Drill Collar Coordinates and drillhole details. Coordinates were collected using a Differential-GPS in UTM ZONE 21-NAD 83 CSRS.
Management Commentary
“These results continue to validate the scale and potential of the Rodgers Cove system. Intersecting broad zones of gold mineralization over a kilometre from previously reported drilling demonstrates the strength of this emerging target and reinforces our confidence in the project’s exploration upside. With mineralization remaining open in multiple directions and several holes ending in mineralization, suggests that we are only beginning to understand the extent of this system. We look forward to advancing our exploration program and unlocking further value for our shareholders.”
-Alex Bugden, P.Geo, Chief Executive Officer and President, Sorrento Resources Ltd.
QA/QC Commentary
Sorrento Resources QA/QC protocols were maintained through the insertion of certified reference material (standards), blanks, and duplicates within the sample stream at approximately one in ten samples. The drill core was cut in half with a diamond saw, with one half placed in sealed bags and shipped to the laboratory, and the other half retained on site. Chain of custody is maintained from the drill through to submittal into the laboratory preparation facility.
The samples were delivered to the Eastern Analytical Ltd. facility, Springdale, Newfoundland and Labrador for crushing and pulverizing. Analytical testing was performed by Eastern Analytical laboratory. Splits were analysed by Au 30 g fire assay and ICP-34 protocols.
The exploration results described herein are preliminary in nature and are insufficient to define a mineral resource. Further drilling is required to determine the continuity, geometry, and grade distribution of mineralization.
Technical Services Agreement
The Company further announces that it has entered into Technical Services Agreement dated July 29, 2026 with Bugden Geoscience Ltd. pursuant to which Bugden will provide geological consulting services to the Company until December 31, 2026 at a daily rate, ranging from $375 – $650 per day. The agreement replaces and supercedes the previous agreement with Bugden Exploration Inc. dated January 20, 2026 (see news release dated January 30, 2026). Alex Bugden, CEO and a Director of the Company, is a significant shareholder and an officer and director of Bugden. The transaction constitutes a Significant Transaction, in accordance with the policies of the CSE, as it is a series of transactions with Related Persons with an aggregate value potentially greater than $100,000.
About The Rodgers Cove Project
The Rodgers Cove Project is located in Gander Bay, Newfoundland and Labrador near the town of Rodgers Cove and less than 50km north of Gander, a town with a skilled workforce and an international airport. The property is located in a strategic position, as it is on tidewater and is accessible via forest access roads. There is also a nearby transmission line.
It consists of two mineral licenses totaling 6,500 hectares (260 claims) in the Central Newfoundland Gold Belt, an area known for hosting multiple gold discoveries along major deformation zones. In detail, the property is located within the Exploits Subzone, along the Appleton and JBP Faults, key structural corridors associated with major gold systems.
Qualified Person
Dr. Derek Wilton, a Qualified Person in accordance with National Instrument 43-101 and independent from Sorrento Resources, has reviewed and approved the technical information contained in this press release.
About Sorrento Resources Ltd.
Sorrento is engaged in acquisition, exploration, and development of mineral property assets in Canada. Sorrento’s objective is to locate and develop economic precious and rare earth element, gold, and base metal properties of merit including the Bottom Brook Project, Rodgers Cove Gold, and Harmsworth (VMS) project all located in Newfoundland.
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