Reunion Gold Corporation continue reporting positive drill results from its ongoing infill and deep drilling programs. The infill program is designed to upgrade the classification of the Inferred mineral resources within the maiden Mineral Resource Estimate (MRE) to an Indicated category. The deep drilling program is aimed at testing and defining the potential for an underground resource at depths greater than 500 meters below surface. Deep Drilling Program: Highlights of results from the deep drilling program below Block 4 can be seen in Table 1 and on Figure 1 which reports the broader intervals using a 0.3 g/t cutoff and includes the higher-grade intercepts using a 1.5 g/t cutoff.

In addition to hole D-243-W1, results of note include holes D-316 and D-320, both of which reported high grade gold intercepts, representing a significant expansion of known mineralization at depth. These intercepts are being interpreted as the depth extension of the high-grade zone that was identified in the maiden MRE reported on June 13, 2023. Hole D-316 intercepted 88.8 m at 4.13 g/t Au, including 10.8 m at 14.96 g/t Au from 772.4 m to 783.2 m downhole and 21.8 m at 6.45 g/t Au from 787.9 m to 809.7 m downhole (reported using a 1.5 g/t cutoff grade).

Hole D-320 reported 83.0 m at 1.92 g/t including 3.0 m at 4.79 g/t Au from 777m to 780 m downhole and 20.0 m at 4.41 g/t Au from 800 m to 820 m downhole. Hole D-243-W1 reported significant high-grade intercepts including 71.0 m at 5.77 g/t Au from 504.0 m to 575.0 m downhole. Infill Drill Results: The infill drilling program is designed to upgrade the inferred resources within the MRE pit shell to an Indicated mineral resource category.

The drill results shown in Table 2 and Figure 1 continue to illustrate the strong continuity of the mineralization within the MRE pit constraints. Highlights include D-328, which intersected 75 mat 4.07 g/t Au, hole D-288A which intersected 100 m at 2.24 g/t Au, hole D-243W2 intersecting 98.8 m at 2.13 g/t Au and hole D-325A intersecting 67.2 m grading 3.06 g/t all reported using a 0.3 cutoff. The infill drill program will be completed by the end of this year.

Update on release of PEA: With the strong results that have been reported from the deep drilling program, which confirm the potential for the higher-grade zone to continue at depth, the Company has decided to delay the release of the PEA until the end of Q2/2024. This will allow the Company to continue to drill the high-grade zone down to a depth of approximately 1,000 meters with the goal of including an underground mineral resource for use in the PEA. In addition, it will give the Company time to investigate the potential to develop a combined open pit and underground mining operation as part of the PEA.

The PEA will also look at, amongst other things, the optimal transition point between open pit and underground mining as well as the sequencing of the potential underground mine. Exploration: In addition to the ongoing drilling at the Kairuni zone the Company also continues to advance its exploration programs on the remainder of the Oko West Prospecting License with the implementation of ground magnetics and IP geophysical surveys, RC drill programs and follow up diamond drill programs. Drilling to the south of Block 4, on Blocks 5, 6, and 7, focuses on the southern continuation of the main Kairuni mineralized trend and contact zone. Follow up of the geochem anomalies generated from shallow Scout RC drilling (sampling below the duricrust) on the High Road target commenced with 23 conventional RC holes completed, for a total of 2,444 m of drilling.

The location of these RC drill collars on the High Road target area, located approximately 2 km northwest of the Kairuni MRE. Assays were received for five of these holes, with R-1414 reporting 3.0 m at 8.75 g/t Au from 58.0 m downhole. Further assays are pending for this High Road target area and other new target areas.