TRX GOLD Attending the 3rd Annual DealFlow Discovery Conference

(TheNewswire)

December 4, 2025 – TheNewswire- British Columbia– Cameo Resources Inc. (CSE: MEO, FSE: Z88) (“Cameo” or the “Company”) ispleased to announce that it has completed thefield data collection from its initial InducedPolarization(“IP”) geophysical survey previously announced October 8, 2025.The Company engaged HETAMIS Mineral ServicesLimited (“HETAMIS”) to conductthe IP survey over its 100% owned, 19.58 square kilometer, Katoro Gold Property (“Katoro” or the“Property”), located in the Geitaregion of the Lake Victoria Goldfields of Tanzania.

Highlights of the IPSurvey:

• The groundwork has been completed and raw data collected over 3.1855km of the initial IP survey on the Katoroproperty. 

• The raw unprocessed data from 5 grids show multiple priority possibly mineralizeddrill targets that are coincident with thepreviously completed magnetic geophysical survey. 

• The depth of the unprocessed IP targets is similar to the depth of gold mineralizationat the Tembo gold deposit of the Buckreef Gold Mine and theNyamalimbe gold deposits,essentially presiding near surface within the top 60-80 meters ofweathered bedrock 

• Processed data in a final report showing the highestpriority drill targets is expected within two weeks. 

HETAMIS has completed their field work and datacollection from the initial dipole-dipole IP survey on the Propertyconsisting of 58 line-kilometers in 5 grids covering a total area of3.1855 km2 (Figure 1). The data has been handed off to Dr. Didas M.Mabula who collaborates with HETIMAS to provide expert data processingand interpretation. The initial raw data presented to the Company hasshown multiple targets with high chargeability readings up to 250mV/V.The Company expects to be in receipt of the Final report showing theprocessed data and making recommendations of the highest prioritydrill targets.

Brian Thurston, PGeo, states:"The Company’s goal of targeting mineralization andfast-tracking the inaugural drill campaign is close to completion. Bythe second or third week of December the Company expects to havepriority drill targets selected and to have already begin laying thegroundwork for an early January drill program. This will be the firstever drilling of the Katoro Property. It is exciting to see theinitial IP results indicating the high prospectivity for goldmineralization to be discovered on the Katoro property. The Companyremains very motivated as they continue to see similarities betweenthe Katoro Property and the Buckreef Gold Mine just 15km northeast. IPresults suggested depths of potential mineralization at Katorocomparable to what is known to occur at the Tembo Gold deposit of theBuckreef Gold Mine. The Company continues to follow good science as itleads to fast-tracking the inaugural drill program.”

Click Image To View Full Size

Figure 1: Dipole-Dipole InducedPolarization Grids shown overlying Tilt Derivative magnetic data onthe Katoro Property.

The Company’s goal of fast-tracking the targeting ofproposed drill locations.

Qualified Person

Brian Thurston, P.Geo., the Company’s technicaladvisor and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects,has reviewed and approved the technical information in this news release.

About The Katoro Gold Property

The Property covers 19.58 square kilometers situatedwithin the prospective Sukumaland Greenstone Belt within the LakeVictoria Goldfield (LVGF). One of the most important mining sites inAfrica, Tanzania’s LVGF holds several multi-million-ounce golddeposits and has ongoing operations by some of the largest goldcompanies in the world. The concessions have been mined by artisanalminers for some time, evidenced by the multiple
shallow pits and trenches showing iron carbonate altered mafic
volcanics (basalts) and quartz feldspar porphyry intrusions. Gold is
associated with grey quartz veins and stringers that exhibit a pinch
and swell characteristic, parallel to the fabric of east-west shear
zones. The concessions occur within a broader area that has seen
exploration and mining activities by several companies including, TRX
Gold Corporation , AngloGold Ashanti plc , and
IAMGOLD Corporation .

About Cameo Resources Inc.

Cameo Resources Inc. is a dynamic mineral explorationcompany dedicated to discovering and developing valuable mineraldeposits. Cameo’s Katoro property covers 19.58 Km2 situated withinthe prospective Sukumaland greenstone belt within the Lake Victoriagoldfield (LVGF). One of the most important mining sites in Africa,Tanzania's LVGF holds several multimillion-ounce gold depositsand has continuing operations by some of the largest gold companies inthe world. The concessions have not been explored by modern methodsuntil now. For moreinformation on Cameo Resources, please visit the website at www.cameoresourcesinc.com.

On behalf of the Board of Cameo Resources Inc.

  Souhail Abi-Farrage

Chief Executive Officer and Director Phone Number: 1-800-325-1308

For further information contact:

Investor Relations;

Email: IR@cameoresourcesInc.com

Phone Number: 1-800-325-1308

Forward Looking Information

This news release contains certain “forward-looking information” and “forward-looking statements”(collectively “forward-looking statements”) within the meaning of applicable securities legislation. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”,“estimates”, “potential”, “possible”,and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or” should” occur or be achieved.All statements, other than statements ofhistorical fact, included herein, without limitation, are forward-looking statements. There can be noassurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statementsreflect the beliefs, opinions and projections on the date the statements are made and are based upona number of assumptions and estimates that, while considered reasonable by Cameo, are inherently subject to significant business, economic, competitive,political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or maybe expressed or implied by such forward-looking statements and theparties have made assumptions and estimates based on or related to many ofthese factors. Such factors include, without limitation, risks that lease holderwill not approvethe sale of the Property,risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not beable to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk thatthe Company will not be able toraise sufficient funds to carry out its business plans, and the risk ofpolitical uncertainties and regulatory or legalchanges that might interfere with the Company's business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items.Cameo does notassume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire - All rights reserved.

Record gold production and financial results in 2025 were driven by higher ore grades, plant expansion, and strong gold prices, with revenue up 40% year-over-year and net income nearly doubling. The company is expanding processing capacity and expects further production growth in 2026, supported by robust liquidity and new financing facilities.

Original document: TRX Gold Corporation [TRX] SEC 40-F Annual Report — Dec. 1 2025

Record Q4 and fiscal 2025 results featured strong gold production, revenue, and profitability, with working capital turning positive and plant expansion underway. Fiscal 2026 guidance calls for higher production, increased capital spending, and robust exploration, all funded by internal cash flow.

Original document: TRX Gold Corporation [TRX] SEC 6-K Current Report — Dec. 1 2025

(TheNewswire)

November 19, 2025, British Columbia – TheNewswire - Cameo Resources Inc. (CSE: MEO, FSE:Z88) (“Cameo” or the “Company”)is pleased to announce thatit has completed over 50% of the initial InducedPolarization(“IP”) geophysical survey previously announced October 8, 2025.The Company has engaged HETAMIS Mineral ServicesLimited (“HETAMIS”) to conductthe IP survey over its 100% owned, 19.58 square kilometer, Katoro Gold Property (“Katoro” or the“Property”), located in the Geitaregion of the Lake Victoria Goldfields of Tanzania.

Highlights of the IPSurvey:

• The groundwork has been completed and raw data collected for over50% of the initial IP survey on the Katoroproperty. 

• The raw unprocessed data is showing multiple priority targets that are coincident with the previously completed magneticgeophysical survey. 

• The depth of the IP targets in the northern part of theproject area is similar to thedepth of gold mineralization at the Tembo gold deposit of the BuckreefGold Mine and theNyamalimbe gold deposits, essentially presiding near surfacewithin the top 60 meters of weathered bedrock 

HETAMIS has been engaged to collaborate with Dr. DidasM. Mabula and complete the initial dipole-dipole IP survey on theProperty consisting of 58 line-kilometers in 5 grids covering a totalarea of 3.1855 km2 (Figure 1). Three of five grids have nowbeen completed and the raw data captured. The initial data has shownmultiple priority targets with high chargeability readings up to250mV/V. The Company will wait until all field data has been collectedand processed to make decisions on drillhole priorities and field workis anticipated to completed in the next two to three weeks with thegoal of fast-tracking the targeting of proposed drill locations.

In collaboration with Dr. Mabula, the Company hasdetermined that approximately 65% of the Katoro property showsstructural features that indicate the prospectivity to host goldmineralization. It was determined that with such a large prospectivearea, that the Company proceed by targeting mainly the northern andcentral portions of the Property.

Brian Thurston, PGeo, states: "It is exciting to see the initial raw and unprocessed data alreadyindicating the high prospectivity for gold mineralization to bediscovered on the Katoro property. We continue to see similaritiesbetween the Katoro Property and the Buckreef Gold Mine just 15kmnortheast an we now have IP data that suggests depths of potentialmineralization comparable to what is known to occur at the Tembo Golddeposit of the Buckreef Gold Mine. We continue to follow good scienceas it leads toward fast-tracking the inaugural drillprogram.”

Click Image To View Full Size

Figure 1: Dipole-Dipole InducedPolarization Grids shown overlying Tilt Derivative magnetic data onthe Katoro Property.

Qualified Person

Brian Thurston, P.Geo., the Company’s technicaladvisor and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects,has reviewed and approved the technical information in this news release.

About The Katoro Gold Property

The Property covers 19.58 square kilometers situated
within the prospective Sukumaland Greenstone Belt within the Lake
Victoria Goldfield (LVGF). One of the most important mining sites in
Africa, Tanzania’s LVGF holds several multi-million-ounce gold
deposits and has ongoing operations by some of the largest gold
companies in the world. The concessions have been mined by artisanal
miners for some time, evidenced by the multiple shallow pits and
trenches showing iron carbonate altered mafic volcanics (basalts) and
quartz feldspar porphyry intrusions. Gold is associated with grey
quartz veins and stringers that exhibit a pinch and swell
characteristic, parallel to the fabric of east-west shear zones. The
concessions occur within a broader area that has seen exploration and
mining activities by several companies including, TRX Gold Corporation
, AngloGold Ashanti plc , and IAMGOLD Corporation
.

About Cameo Resources Inc.

Cameo Resources Inc. is a dynamic mineral explorationcompany dedicated to discovering and developing valuable mineraldeposits. Cameo’s Katoro property covers 19.58 Km2 situated withinthe prospective Sukumaland greenstone belt within the Lake Victoriagoldfield (LVGF). One of the most important mining sites in Africa,Tanzania's LVGF holds several multimillion-ounce gold depositsand has continuing operations by some of the largest gold companies inthe world. The concessions have not been explored by modern methodsuntil now. For moreinformation on Cameo Resources, please visit the website at www.cameoresourcesinc.com.

On behalf of the Board of Cameo Resources Inc.

  Souhail Abi-Farrage

Chief Executive Officer and Director Phone Number: 1-800-325-1308

For further information contact:

Investor Relations;

Email: IR@cameoresourcesInc.com

Phone Number: 1-800-325-1308

Forward Looking Information

This news release contains certain “forward-looking information” and “forward-looking statements”(collectively “forward-looking statements”) within the meaning of applicable securities legislation. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”,“estimates”, “potential”, “possible”,and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or” should” occur or be achieved.All statements, other than statements ofhistorical fact, included herein, without limitation, are forward-looking statements. There can be noassurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statementsreflect the beliefs, opinions and projections on the date the statements are made and are based upona number of assumptions and estimates that, while considered reasonable by Cameo, are inherently subject to significant business, economic, competitive,political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or maybe expressed or implied by such forward-looking statements and theparties have made assumptions and estimates based on or related to many ofthese factors. Such factors include, without limitation, risks that lease holderwill not approvethe sale of the Property,risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not beable to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk thatthe Company will not be able toraise sufficient funds to carry out its business plans, and the risk ofpolitical uncertainties and regulatory or legalchanges that might interfere with the Company's business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items.Cameo does notassume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire - All rights reserved.

(11:28 GMT) TRX Gold Price Target Raised to $1.20/Share From $1.10 by HC Wainwright & Co.

 
                              GAINERS 
 
COMPANY                   SYMBOL      LAST   CHANGE   PERCENT        VOLUME 
-------                   ------      ----   ------   -------        ------ 
Canaccord Genuity Group       CF     11.83     1.59     15.53       729,689 
Aptose Biosciences           APS      2.04     0.27     15.25         5,364 
Canlan Ice Sports            ICE      4.64     0.59     14.57        10,982 
Questerre Energy             QEC      0.33     0.03     10.00         8,768 
Novo Resources               NVO     0.165     0.02     10.00       927,633 
Black Iron                   BKI     0.125     0.01      8.70       193,872 
Cascades Inc                 CAS     10.37     0.79      8.25       373,246 
NXT Energy Solutions         SFD      0.56     0.04      7.69         3,000 
Coppernico Metals           COPR     0.255     0.02      7.37       130,023 
Canada Packers              CPKR     16.00     0.90      5.96       132,552 
 
                              LOSERS 
 
COMPANY                   SYMBOL      LAST   CHANGE   PERCENT        VOLUME 
-------                   ------      ----   ------   -------        ------ 
Colabor Group                GCL     0.285    -0.35    -54.76     4,216,350 
Vertiqal Studios            VRTS     0.015    -0.01    -25.00         6,238 
Bri-Chem                     BRY      0.22    -0.05    -18.52         1,229 
New Pacific Metals          NUAG      3.35    -0.65    -16.25       370,210 
Minco Silver                 MSV      0.31    -0.05    -12.68        30,500 
Southern Cross Gold Cons    SXGC      7.51    -0.93    -11.02       273,261 
TRX Gold                     TRX      1.01    -0.12    -10.62       123,191 
Avalon Advanced Materials    AVL     0.085    -0.01    -10.53     2,622,644 
Orla Mining                  OLA     17.06    -1.97    -10.35       628,027 
Generation Mining           GENM      0.61    -0.07    -10.29       977,079 
 
 
Only includes stocks with at least 1,000 shares traded today. 
 
Data are delayed at least 15 minutes. 
 
Source: Dow Jones Market Data