RZOLV Technologies Announces Independent SGS Lab-Scale Test Results on Gravity Concentrates - 98.7% Gold Recoveries

Vancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - RZOLV Technologies Inc. (TSXV: RZL) (the "Company" or "RZOLV") today announced the results of independent metallurgical testing conducted by SGS Canada Inc. ("SGS") evaluating the performance of RZOLV's proprietary, non-cyanide gold leaching formula on gravity concentrate material.

The test program was carried out at SGS' Burnaby, British Columbia metallurgy laboratory and compared gold recovery achieved using RZOLV™ against conventional sodium cyanide under controlled bottle-roll leaching conditions.

The material tested consisted of both oxidized and sulfide-based gravity concentrates sourced from 2 separate gold projects located in Alaska. The material was prepared to a particle size of 80% passing 2 mm. The objective of the test work was to evaluate the technical performance of RZOLV™ relative to cyanide on high-grade gravity concentrate material, particularly in contexts where cyanide use may be constrained or less effective.

Under the specific laboratory test parameters evaluated by SGS, RZOLV™ achieved gold recoveries of 98.7% on oxide-based gravity concentrates and 89.4% on sulfide-based gravity concentrates over a 96-hour leach retention time. Under the same laboratory conditions, a reference solution containing 2,000 ppm sodium cyanide achieved gold recoveries of 99.9% and 90.7%, respectively.

The Company notes that results are specific to the material tested and the conditions applied. Further test work is ongoing to evaluate performance across a broader range of ore types, mineralogical characteristics, and operating conditions.

RZOLV™ continues to focus on third-party validation and disciplined test programs as it advances the evaluation of its technology for potential commercial applications.

Chart 1: Bottle Roll Leaching Recovery Results - (SGS)

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Figure 1: Bottle Roll Leaching Recovery Results - (SGS)

Test	Reagent	Cal Head (g/t Au)	Residue (g/t Au)	Recoveries (%)
				1hr	2hrs	4hrs	8hrs	24 hrs	48 hrs	72 hrs	96 hrs
Oxide Cons	RZOLV	339.0	4.280	21.6	32.2	41.5	57.7	86.3	97.9	-	98.7
	CN	357.9	0.0	32.3	57.3	82.4	93.5	99.7	99.9	99.9	99.9
Sulphide Cons	RZOLV	421.0	44.8	25.4	39.6	49.4	54.4	75.1	81.6	86.4	89.4
	CN	433.2	40.4	46.8	62.0	77.6	82.2	89.1	90.7	90.7	90.7

* Note: Results shown are derived from laboratory-scale bottle-roll testing under controlled conditions.