TORONTO, July 21, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR) ('Q-Gold” or the 'Company”) is pleased to announce that it has retained FHB Consulting Services LLC ('FSB Consulting”), a Washington-based geological consulting firm that is independent from the Company, to conduct an updated review and revision of the historical estimate that has not been confirmed by Q-Gold at the later stage mineral exploration project located in south-central Oregon (the 'Quartz Mountain Project”) that the Company intends to acquire pursuant to a share exchange agreement dated March 31, 2025 (the 'Acquisition”). For more information about the Acquisition, please see the Company’s press release dated April 3, 2025, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca.