Austin Gold Corp.

**1.6 Exploration, Drilling, Sampling, Analysis, and Data Verification

Recent exploration by Austin Gold has focused on geophysical evaluation of the Property to improve targeting of deeper vein-hosted mineralization. Following review of the historical gradient-array induced polarization (IP)/resistivity and aeromagnetic-radiometric surveys, the Company completed a detailed Controlled Source Audio-frequency Magnetotellurics (CSAMT) survey during November and December 2025. The survey comprised 17 lines totaling 40.8 line-km and was designed to image structures to depths of approximately 300 to 400 meters. The RC drilling program originally anticipated for 2025 has been deferred to allow incorporation of the CSAMT results into drill targeting.

During the 2023-2024 exploration program, Austin Gold completed three diamond drill holes totaling approximately 2,436 feet (742.5 meters) at the Stockade Mountain Project. The program was designed to test for high-grade gold and silver mineralization beneath known near-surface stockwork zones in the Opal Hill/Number 9 Vein target area. Drilling confirmed the presence of a robust hydrothermal system and returned multiple gold intercepts, including higher-grade intervals, supporting the potential for deeper mineralization within the system.

Sample preparation, analytical procedures, and quality assurance/quality control (QA/QC) protocols for the 2023-2024 Austin Gold drilling program were conducted using standard industry practices. Drill core was securely transported, logged, and sampled under controlled conditions, with samples submitted to independent accredited laboratories for analysis. QA/QC measures included the routine insertion of blanks, standards, and duplicate samples, as well as the use of an independent umpire laboratory to verify analytical results. Documentation of sample preparation, analytical procedures, and QA/QC for historical exploration programs is limited; however, the work was conducted by reputable operators using industry-standard practices typical of the time. Based on the information reviewed, the Qualified Persons consider the sample preparation, security, and analytical procedures to be adequate for an exploration-stage project.

Data verification for the Stockade Mountain Project included review of historical and current technical data, comparison of digital databases to original assay certificates where available, and validation of drill hole data for consistency and completeness. Selected assay data were spot checked against original certificates with no discrepancies identified. Independent verification sampling and check assays conducted by the Qualified Persons confirm the presence of gold mineralization and demonstrate results consistent with both historical data and current drilling within expected limits of variability. While the historical dataset is incomplete and lacks full QA/QC documentation by modern standards, the data are considered to be of reasonable quality. Based on the verification work completed, the Qualified Persons consider Assay Certificate for Independent Surface Sample Verification the database to be adequate for the purposes of this technical report.