Further Excellent Drilling Results Received

Hamak Strategy Limited (LSE: HAMA / OTCQB: HASTF), a Company combining advanced gold exploration in West Africa with a Digital Asset Treasury Management strategy, announces further excellent Reverse Circulation ("RC") drilling results from the Akoko oxide gold project in southwest Ghana.

Highlights

• Near surface, high-grade oxide gold RC drilling intercepts from Akoko North prospect
• 1.61g/t Au over 44m from 5m, including 2.24g/t Au over 27m from 9m
• Results for a further 5 holes for 236m, with 39 holes for 2,310m completed to date
• Drilling is continuing at the Akoko South prospect with 35 holes for 1,900m remaining

CEO and Executive Director Karl Smithson commented:

"Results from the final RC drill holes at the Akoko North prospect are very encouraging. Hole 2026-086 intersected a wide zone of 1.61g/t Au over 44m from just 5m depth. This wide mineralized zone includes a higher-grade section of 2.24g/t Au over 27m from 9m depth. The drilling results from Akoko North will be incorporated into a future independent Mineral Resource Estimate and Preliminary Economic Assessment for the Akoko gold project.

"In the meantime, drilling has already commenced at the Akoko South prospect, approximately 13km south of Akoko North. Results from this programme will be announced when they become available."

RC Drilling Programme

Drilling has commenced on the Akoko South prospect, approximately 13km south of the Akoko north prospect. A total of 39 holes for 2,310 metres have been drilled on the Akoko project by Hamak to date with 35 holes for 1,900m currently remaining at Akoko South, subject to access and ground conditions during the current rainy season.

RC Drilling Assay Results

Assays have been received for a further five holes for 236m of RC drilling at the Akoko North prospect. Near-surface gold mineralized zones have been intersected, with hole 2026-086 returning 44m at 1.61g/t Au starting 5m below surface, including a higher-grade zone of 2.42g/t Au over 27m from 9m depth, which includes 4.71g.t Au over 7m form 19m depth. These results continue to show the continuity of gold mineralization across the extensive Akoko North geochemical anomaly (Figure 1).

Figure 1: Akoko North Drill Holes and Assay Results

Table 1: Drill Hole and Assay Information

Analytical and QA/QC

See the Company's announcement of 11 May 2026 for the full analytical AQ/QC process.

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