Goldcana Expands Triple F Gold Project Land Holdings and Commences Phase I Exploration Program

White Rock, British Columbia--(Newsfile Corp. - October 10, 2025) - Goldcana Resources Inc. (CSE: GC) ("Goldcana" or the "Company") is pleased to announce that it has entered into an option agreement, executed October 10, 2025, to acquire one additional mineral claim and one additional claim application comprising approximately 477 hectares adjacent to its existing Triple F Gold Project (the "Project") located in the Nicola Mining Division and Vernon Mining Division approximately 28 kilometres northwest of Kelowna, British Columbia. The Project is approximately 20 kilometres northeast of the past producing Brenda copper-molybdenum mine; 40 kilometres northeast of the past producing, and recently active, Elk gold mine; and 26 kilometres southwest of the Brett gold epithermal deposit.

The Triple F property is surrounded by numerous B.C. Government Minfile occurrences ranging from prospects to past producers. The Project is in the headwaters of several creeks, which were historically known to contain placer gold. Strong historic gold content in historical soil samples (up to 342 ppb), rocks (up to 26 ppm) and drill core (up to 55 ppm) on the Project confirm its high prospectivity.

In order to acquire a 100% interest in the new claim and application, Goldcana must issue 250,000 common shares to the optionor following CSE acceptance for filing and incur exploration expenditures of $225,000 over three years, including $50,000 by December 31, 2026. The shares will be subject to a four month and one day hold period from issuance.

Phase I Exploration Program

Goldcana further announces that it has commenced the Phase I exploration program on the Triple F Gold Project, which consists of geological mapping of the entire Project, as well as a property-wide geochemical survey. The program is designed to build upon all historical work through geologic mapping in order to better understand controls on gold mineralization and through the use of soil geochemistry to better delineate known geochemical anomalies and to test the newly defined magnetic anomalies similar to those associated with the zone of known gold mineralization.

Historic sampling on the Project has outlined a 240m x 370m zone of gold mineralization which has similarities to Reduced Intrusive Related Gold mineralization, where historical drill results from drilling in the 1980's by previous claim holder Rea Gold Corporation, including 55 grams per tonne gold and 270 grams per tonne silver over 0.9 metres. Other historical drill results from the 1980's drill program include 10.97 m averaging 0.58 ppm Au, 5.03 m averaging 1.07 ppm Au, 9.75 m averaging 0.5 ppm Au (all in hole DDH88-04), 8.84 m averaging 0.69 ppm Au and 7.92 m averaging 0.57 ppm Au. Historical trench results include 9.77 ppm Au over 4.0 m and 3.12 ppm Au over 6.0 m.. Current and historic soil geochemical results have outlined an approximate 5.5-kilometre-long trend of gold-in-soils, further backed by a 2023 geophysical survey.