Sylla Gold Extends Sananfara Option Payment

Sylla Gold Corp., a Canadian mineral exploration company focused on advancing its Niaouleni Gold Project in southern Mali, has announced a significant development in its Mali operations. The company has entered into an amending agreement with Touba Mining Junior SARL, extending the final cash payment date for its option to acquire a 100% undivided interest in the Sananfara gold exploration permit in the Kangaba area, Koulikoro Region, Mali.

The final cash payment of 80,000,000 FCFA (approximately CAD $200,000) is now payable by February 28, 2027, which was previously due by August 31, 2026. This payment extension provides Sylla Gold Corp. with additional time to complete the remaining payment while it awaits the renewal of its 100% owned Deguefarakole permit by the Malian government.

Sylla Gold Corp. continues to await the renewal of its Deguefarakole exploration licence, a key component of the Company's Niaouleni Gold Project. The Company filed its renewal application in April 2026 and remains in regular communication with the Malian government. The timing remains subject to completion of the government's administrative procedures.

The company's 100% interest in its 17,200 Ha Niaouleni Gold Project is comprised of four option agreements: Deguefarakole, Niaouleni West, Samaya South, and Sananfara. The Sananfara option agreement is the final one remaining to be exercised.

Sylla Gold Corp. is a Canadian mineral exploration company focused on advancing its Niaouleni Gold Project in southern Mali, within the Niaouleni, Kobada, Sanankoro gold corridor. Previous drilling at Niaouleni has returned high-grade gold results, highlighting the project's exploration potential. Geological modelling and geochemical surveys have identified multiple targets along the mineralized shear zone, providing opportunities to extend known mineralization and test additional zones through systematic exploration and drilling.

Sylla Gold Corp. is a Canadian mineral exploration company focused on advancing its Niaouleni Gold Project in southern Mali, within the Niaouleni, Kobada, Sanankoro gold corridor. Previous drilling at Niaouleni has returned high-grade gold results, highlighting the project's exploration potential. Geological modelling and geochemical surveys have identified multiple targets along the mineralized shear zone, providing opportunities to extend known mineralization and test additional zones through systematic exploration and drilling.