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Regardless of how the gold price is doing, the top gold-mining companies are always making moves.

Right now, gold is in the limelight — stimulated by increasing global inflation, geopolitical turmoil and economic uncertainty, the gold price is repeatedly setting new highs in 2025, and broke through the US$4,400 per ounce mark in October.

Rising safe-haven demand for gold alongside concerns over gold mine supply have pushed the metal to record highs in recent years. and market watchers are eyeing world’s top gold-mining companies to see how they respond to market dynamics.

While the future of the economy remains uncertain, the rising gold price has been a boon to gold-mining companies as it improves their margins after several years of high inflation increasing the costs associated with mining operations.

According to US Geological Survey data, gold production came in at 3,300 metric tons in 2024. China, Australia and Russia were the top three gold-producing countries last year.

But what were the top gold-mining companies by production in 2024?

Read on to find out which companies produced the most gold this past year.

1. Newmont (TSX:NGT,NYSE:NEM)

Production: 213.03 metric tons

Newmont is the world’s top gold-mining company. In 2024, the company reported production of 192.96 metric tons of gold.

Newmont has a diverse portfolio of assets, with significant operations in North and South America, Australia and Africa.

Its portfolio includes a 38.5 percent interest in Nevada Gold Mines in Nevada, US, through a joint venture with majority owner Barrick Mining (TSX:ABX,NYSE:B).

In 2024, the Nevada Gold Mines complex produced 2.68 million ounces (83.48 metric tons) of gold. Newmont’s attributable share is 1.03 million ounces, or 32.14 metric tons.

The company’s next largest operation is its wholly owned Ahafo South Complex in Ghana. It consists of three mines, the Subika and Awonsu open pits, and the Subika underground mine. Last year, the asset produced 798,000 ounces (24.28 metric tons) of gold for Newmont. The company’s Ahafo North open pit mine achieved commercial production in late 2025 and is expected to average 275,000 and 325,000 ounces of gold per year.

In January 2025, Newmont sold its Porcupine Complex in Ontario, Canada, to Discovery Silver for total consideration of US$425 million. In 2024, the mine produced 270,000 ounces (8 metric tons) of gold. The sale is part of Newmont’s larger divestiture of US$4.3 billion in non-core assets.

2. Barrick Mining (TSX:ABX,NYSE:B)

Production: 121.65 metric tons

Barrick Mining produced 121.65 metric tons of attributable gold in 2024, landing it as the second highest gold producer in the world. Like Newmont, Barrick is a global producer and owns assets on nearly every continent.

Barrick’s largest operation is its 61.5 percent stake in Nevada Gold Mines alongside Newmont. The gold complex accounted for 1.65 million ounces, or 51.34 metric tons, of Barrick’s gold production in 2024.

The company’s second-largest producing asset is its 80 percent owned Loulo-Gounkoto gold complex in Mali, which produced 578,400 ounces of gold in 2024 for Barrick.

While much of Barrick’s production has remained steady over the past several years, disagreements with the Malian government, run by a military junta since a 2021 coup, has brought uncertainty to its operations there.

In 2024, the government accused Barrick of failing to pay its taxes amid changes to royalty rights and mining licenses. It arrested four workers there and issued an arrest warrant for then-CEO Mark Bristow.

In June 2025, the Mali government placed the mine under provisional administration, as a resolution of the dispute failed to materialize.

3. Agnico Eagle Mines (TSX:AEM,NYSE:AEM)

Production: 108.41 metric tons

In 2024, Agnico Eagle produced 108.41 metric tons of gold, taking third place among the world’s biggest gold producers. It wholly owns its portfolio of 11 mines, with seven in Canada, two in Mexico and one in each of Australia and Finland.

The company’s Detour Lake and Canadian Malartic mines in Canada are some of the world’s biggest gold mines.

In 2024, its Detour Lake operation, in Ontario near the Québec border, produced 671,950 ounces (20.9 metric tons) of gold. Just behind was the Canadian Malartic Complex in Québec, which produced 655,654 ounces (20.4 metric tons) in 2024.

Gold production at Canadian Malartic peaked at 715,000 ounces (22 metric tons) in 2021 The mine is a combination of open pit and underground mines; however, the main open pit was depleted in 2023, and the mine is expected to transition to fully underground operations by 2029.

4. Navoi Mining and Metallurgy Company

Production: 96.42 metric tons

In 2024, Navoi Mining and Metallurgy Company produced 96.42 metric tons of gold. NMMC is the largest mining company operating in Uzbekistan, with 12 mines. The company has been in operation since the 1960s, when the country was still part of the Soviet Union.

NMMC’s primary asset is the Muruntau mine, which produced an estimated 2.68 million ounces of gold in 2024. Muruntau is the world’s largest open pit mine and the second highest gold producing mine in the world. It has been in production since 1969.

The company is working on modernizing its operations and considering a potential public listing.

5. Polyus (LSE:PLZL,MCX:PLZL)

Production: 93.36 metric tons

Polyus produced 93.37 metric tons of gold in 2024. The gold company is the largest gold producer in Russia from five wholly owned operations in the country.

Polyus holds significant proven and probable gold reserves of 101 million ounces, or 3,141 metric tons.

Its largest asset is the Olimpiada mine in Eastern Siberia. In 2024, the mine produced 1.48 million ounces (46.93 metric tons) of gold, putting it among the top gold operations in the world. Its second biggest mine is Blagodatnoye, also in Siberia, which produced 500,300 ounces (15.56 metric tons) of gold in 2024.

6. AngloGold Ashanti (NYSE:AU,ASX:AGG)

Production: 82.35 metric tons

AngloGold Ashanti produced 82.74 metric tons of attributable gold in 2024, putting it among the top Africa-based gold mining companies.

The company has a portfolio of nine mining assets spread across seven countries in Africa, South America and Australia, as well as numerous exploration projects around the world.

AngloGold’s largest wholly owned operation is the Geita mine in Northwest Tanzania. The property consists of multiple open-pit and underground operations, which produced 483,000 ounces (15 metric tons) of gold in 2024.

The company also owns a 45 percent interest in the Kibali mine located in the Democratic Republic of Congo. The mine is the largest gold operation in Africa, producing 686,000 ounces (21.34 metric tons) in 2024, with 308,700 ounces (9.6 metric tons) attributable to AngloGold. The remaining ownership in the mine is held by Barrick Mining at 45 percent and the DRC government at 10 percent.

7. Kinross Gold (TSX:K,NYSE:KGC)

Production: 66.19 metric tons

Kinross Gold ranked seventh on our list of top gold producers with 66.17 metric tons of attributable gold equivalent production in 2024. Kinross maintains considerable and steady output from a portfolio of six assets across Canada, the US, Brazil, Chile and Mauritania.

Kinross has full ownership over all its operating assets, with the exception of its 70 percent owned Manh Choh mine in Alaska, US. The company began processing ore from Manh Choh at its Fort Knox operations through the Peak Gold joint venture in 2024.

The biggest contributor to Kinross’s output is its Tasiast mine in Western Mauritania, which produced 622,394 ounces (19.36 metric tons) of gold in 2024. Tasiast is currently an open-pit operation, and the company has been working to explore the underground potential of the mine at several key targets.

Among Kinross’ other assets, Paracatu stands out with its 528,574 ounces (16.44 metric tons) of gold production in 2024, making it the third largest gold mine in Brazil.

8. Gold Fields (NYSE:GFI)

Production: 64.21 metric tons

Gold Fields was the eighth biggest gold company in 2024, producing 61.75 metric tons of the yellow metal. The company is a globally diversified gold producer with nine mining operations across Australia, Chile, Peru, Ghana and South Africa. The company also owns the Windfall gold project in Canada.

Gold Fields’ most significant gold operation is the Tarkwa mine in Southern Ghana, one of the largest gold mines in West Africa. Gold Fields holds a 90 percent interest in the mine, with the remaining 10 percent owned by the Government of Ghana.

The mine consists of four open pits. In 2024, the operation produced 537,000 ounces (16.7 metric tons) for Gold Fields.

Its next largest asset is its wholly owned St Ives complex in the Eastern Goldfields region of Western Australia. The operation, which commenced production in the 1980s, currently consists of two open pits and two underground mines. It delivered 331,000 ounces (10.3 metric tons) of gold in 2024.

9. Zijin Mining Group (OTC Pink:ZIJMF)

Production: 62.21 metric tons

In 2024, Zijin Mining Group produced 62.21 metric tons of attributable gold from its mines across Asia, Africa, Australia and South America. Although the company is not exclusively a gold producer, its substantial portfolio of assets has helped it become China’s leading gold company.

Its most significant contributor to gold production came from its Norton complex near Kalgoorlie, Western Australia. The asset is a conglomeration of several different mines and delivered 263,000 ounces (8.18 metric tons) of gold in 2024.

Zijin’s next largest gold operation is Buriticá, an underground gold mine located near Medellín, Colombia, of which it holds 69.28 percent ownership. In 2022, the mine underwent an expansion that included upgrades to its mining equipment, improving the overall processing capacity. In 2024, the mine produced 322,000 ounces (10.02 metric tons) of gold, with 223,000 ounces (6.94 metric tons) attributable to Zijin.

10. Harmony Gold Mining Company (NYSE:HMY,JSE:HAR)

Production: 47.51 metric tons

In 2024, Harmony Gold Mining Company produced 47.51 metric tons of gold, making it the world’s 10th largest gold mining company.

The majority of the company’s large portfolio of wholly owned operations are located in South Africa, and it also operates the Hidden Valley mine in Papua New Guinea.

Harmony Gold’s top operation is the Mponeng mine in Northern South Africa. The underground mine is among the deepest in the world, where gold is retrieved from depths of approximately 4 kilometers. In the calendar year 2024, Mponeng produced 320,993 ounces (9.98 metric tons) of gold.

Harmony also owns the Moab Khotsong mine in Northern South Africa, an underground mine consisting of three vertical shaft systems. It started production in 2003, making it one of South Africa’s younger deep-level underground mines. In 2024, the mine contributed 202,742 ounces (6.31 metric tons) to Harmony’s total output.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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(TheNewswire)

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia TheNewswire – November 13th, 2025 Prismo Metals Inc. (‘ Prismo ‘ or the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that further to its news release dated October 20, 2025 (the ‘ Initial News Release ‘), the Company has upsized and closed its previously announced non-brokered private placement of units of the Company (‘ Units ‘) at an issue price of $0.10 per Unit (the ‘Private Placement’ ). Due to strong investor demand, the Private Placement was increased from 12,500,000 Units to the issuance of 17,450,000 Units for gross proceeds of $1,745,000.

The Company also announced it has amended the terms of the warrants forming part of the Units (the ‘ Amendmen t’). As announced in the Initial News Release, each Unit was to consist of one common share of the Company (a ‘ Share ‘) and one-half of one common share purchase warrant of the Company (each whole warrant, a ‘ Warrant ‘). Each Warrant was to entitle the holder to purchase one Share for a period of thirty-six (36) months from the date of issuance at an exercise price of $0.175, subject to an acceleration expiry clause (the ‘ Acceleration Clause ‘), whereby if the Shares closed at or above $0.25 for ten (10) consecutive trading days on the Canadian Securities Exchange, the Company would have the right to accelerate the expiry date of the Warrants by issuing a news release announcing the accelerated Warrant term, pursuant to which the Warrants would expire on the 30 th calendar day after the date of such news release. As a result of the Amendment, each issued Unit now consists of one Share and one full Warrant, with each Warrant entitling the holder to purchase one Share for a period of thirty-six (36) months from the date of issuance at an exercise price of $0.175, without the Acceleration Clause.

The Company intends to use the net proceeds from the Private Placement primarily for drilling at its Silver King project and for general corporate purposes. There may be circumstances, however, where, for sound business reasons, a reallocation of funds may be necessary. The Company expects to accept additional subscriptions of Units in the coming days for an approximate amount of $125,000.

In connection with the closing of the Private Placement, the Company issued an aggregate of 919,960 finder’s warrants (the ‘Finder’s Warrants’ ) and paid finder’s commissions of $ 92,398 to certain qualified finders. Each Finder’s Warrant is exercisable for a period of twenty-four (24) months from the date of issuance to purchase one Share at a price of $0.10. In addition, the Company paid a cash fee of $15,000 to a financial advisor.

All securities issued or issuable in connection with the Private Placement are subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

Multilateral Instrument 61-101

The Company has issued an aggregate of 303,275 Units pursuant to the Private Placement to certain ‘related parties’ of the Company (the ‘ Interested Parties ‘), in each case constituting, to that extent, a ‘related party transaction’ as defined under Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (‘ MI 61-101 ‘). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the participation of the Interested Parties in the Private Placement in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the Private Placement nor the securities issued in connection therewith, in so far as the Private Placement involves the Interested Parties, exceeds 25% of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the expected closing of the Private Placement as the details of the Private Placement and the participation therein by the Interested Parties therein were not settled until recently and the Company wishes to close on an expedited basis for sound business reasons.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is mining exploration company focused on three silver projects (Palos Verdes, Silver King and Ripsey) and a copper project in Arizona (Hot Breccia).

Please follow @PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things, the intended use of any proceeds raised under the Private Placement.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the potential inability of the Company to utilize the anticipated proceeds of the Private Placement as anticipated; and those risks set out in the Company’s public disclosure record on SEDAR+ ( www.sedarplus.com ) under the Company’s issuer profile .

Although management of the Company has attem pted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Discovery of uranium mineralization in ideal geological setting, supported by regional radiometric anomaly, confirms large Rossing-style target

ReeXploration Inc. (TSXV: REE) (FSE: K2I0) (‘ReeXploration’ or the ‘Company’) is pleased to announce the identification of a significant new uranium exploration target at its Eureka Project (‘Eureka’ or the ‘Project’), located in the Erongo mining district, central Namibia. This new uranium target supports the Company’s broader focus on advancing critical-mineral opportunities in stable, mining-friendly jurisdictions.

HIGHLIGHTS:

  • New Large-Scale Uranium Target Identified: Immediately southwest of the Eureka Dome, which hosts the Company’s rare earth element (‘REE’) resource and numerous REE targets.
  • Strong Regional Radiometric Anomaly: Airborne data defines a 6.5 x 3.5 km zone characterized by high uranium and low thorium responses.
  • Evidence of Widespread Uranium Mineralization: Uranium reported in shallow overburden samples from historical exploration, verified by recent scintillometer readings up to 1,500 counts per second (‘cps’).
  • Uranium Discovered in Weathered Leucogranites: Field reconnaissance confirmed elevated uranium in occasionally outcropping leucogranites (‘alaskites’), with portable XRF semiquantitative values up to 853 ppm U.
  • Along Trend of Namibia’s ‘Alaskite Alley’: Lies within the same structural corridor that hosts major uranium deposits — Rössing, Husab, Etango, Omaholo, and Norasa — which collectively contain more than 1 billion pounds of U₃O₈.
  • Geological Setting Matches Rössing-Style Models: Key discovery criteria evident, including 1) proximity to the Welwitschia Lineament, 2) position on the flanks of a major basement dome, and 3) leucogranites intruded into reactive calc-silicate host rocks.

‘This uranium target, which is almost entirely covered by thin overburden, represents a promising exploration opportunity within one of the world’s most prolific uranium belts,’ commented Tolene Kruger, Senior Geologist for ReeXploration. ‘The geology, structural setting, and early results are consistent with the deposit models that led to the discovery of the major leucogranite-hosted uranium deposits within Namibia.’

Christopher Drysdale, Interim CEO for ReeXploration, added ‘The identification of this new target highlights the strong technical work completed by our exploration team and the expanded potential of the Eureka Project. As we continue to advance with our REE resource growth plan within the Eureka Dome, this extensive target immediately outside the Dome adds significant exploration upside and optionality for our shareholders, in one of the world’s most established critical minerals mining jurisdictions. We are looking forward to advancing exploration on our numerous REE targets and this newly identified uranium target, consistent with our strategy to discover significant critical mineral resources that contribute to secure, responsible supply chains.’

Expanded Discovery Potential – Large-Scale Rössing-Style Target

The identification of this target underscores the exceptional potential of the Eureka Project, which now includes a growing pipeline of REE targets alongside this newly recognized uranium opportunity. Review and field validation of government airborne radiometric data revealed extensive uranium anomalies situated off the southwestern margin of the Eureka Dome, which is host to the Company’s REE mineral resources and exploration targets. The government airborne radiometric data shows large-scale uranium anomalies 6.5 x 3.5 kilometres in extent with high uranium and low thorium – characteristic signature for Rössing-style targets (Figure 1).

Figure 1: Company license holding showing REE targets within the Eureka Dome, and high uranium anomalies outlined in red on uranium radiometric (government airborne radiometrics) backdrop. Insert: Thorium radiometric backdrop showing low thorium relative to the uranium anomalies.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/274096_b3f40910c437995f_001full.jpg

Located Along Trend of Namibia’s Renowned Alaskite Alley

The new uranium target at Eureka is situated along trend of Namibia’s ‘Alaskite Alley’, a structural corridor within Namibia’s Central Zone of the Damara Belt that hosts multiple giant uranium deposits hosted within leucogranites, including Rössing, Husab, Etango, Omaholo and Norasa (Figure 2).

Figure 2: Regional satellite view showing the position of the uranium anomalies southwest of the Eureka Dome, and their proximity to the Welwitschia Lineament and other large uranium deposits in Alaskite Alley.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/274096_b3f40910c437995f_002full.jpg

Key Geological Criteria Consistent with Major Uranium Deposits

The target exhibits all the key geological criteria consistent with the major uranium deposit models, including (Figure 3):

  • Proximity to the Welwitschia Lineament – a major crustal-scale structure, central to ‘Alaskite Alley’, interpreted to have played a key role in localizing uranium-bearing leucogranite intrusions throughout the district.
  • The Welwitschia Lineament is located immediately east of the new uranium target at Eureka.

  • An Older Basement Dome – that provides the structural architecture for the emplacement of uranium-rich leucogranites around dome margins.
  • The Eureka Dome is mapped as the same formation as the Rössing Dome (Etusis Formation).
  • Reactive Contact Rocks – typically calc-silicate lithologies (metasediments) which act as chemical traps promoting uranium precipitation.
  • Calc-silicates are mapped flanking the Eureka Dome (Arandis Formation).
  • The Presence of Leucogranites – late-stage magmatic intrusions which host uranium mineralization in Rössing-style deposits.
  • Significant leucogranites are interpreted to exist below the thin overburden at Eureka as sheeted dykes intercalated between calc-silicates, as evidenced by occasional weathered leucogranite outcrop.

Figure 3: Comparison between the major uranium deposits in Alaskite Alley and the airborne uranium anomalies southwest of the Eureka Dome.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/274096_b3f40910c437995f_003full.jpg

Initial Field Reconnaissance Supports Potential for Rössing-Style Deposit

Field spectrometer prospecting conducted by the Company has confirmed the regional scale of the airborne radiometric uranium anomalies. The anomalies relate to widespread uranium mineralization occurring within thin overburden, which is best visible where drainages have incised a regionally occurring gypcrete/calcrete horizon with anomalous values ranging from 300 to 1,500 counts per second (‘cps’) (Figure 4).

Figure 4: Photographs taken during reconnaissance field work and ground spectrometer survey within the anomalous areas.

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https://images.newsfilecorp.com/files/6102/274096_b3f40910c437995f_004full.jpg

The uranium mineralization within the overburden is potentially indicative of extensive uranium mineralization within the underlying leucogranites, supported by (Figure 5):

  1. Discovery of secondary uranium mineralization (carnotite) within weathered/leached leucogranites— pXRF semiquantitative values of up to 853 ppm U.

  2. Abundant ‘smokey’ or irradiated quartz within the leucogranites.

  3. Spectrometer evidence of uranium enrichment of weathered leucogranites where in contact with chemically-reactive calc-silicates.

Figure 5: Mineralized leucogranite found during reconnaissance field work and the ground spectrometer survey.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/274096_b3f40910c437995f_005full.jpg

Historical Work Focused on Shallow Overburden Mineralization

Although the target is on trend with Namibia’s Alaskite Alley, its position farther north, together with the thin overburden and the presence of calc-silicates belonging to the Arandis rather than the Khan Formation, likely contributed to the lack of focused historical exploration. Despite the highly favorable geological setting, the target appears to remain largely untested.

Historical uranium exploration at Eureka—outside of the main Eureka Dome and then held under EPL 3637—was primarily directed toward near-surface secondary uranium (carnotite) mineralization hosted within calcrete and gypcrete horizons. While historical work confirmed the presence of leucogranites intruding calc-silicate rocks, these potential bedrock sources were evidently not systematically drill-tested at any depth.

The work completed in 2009 consisted mainly of shallow pitting and percussion drilling (<5 m depth) designed to evaluate surface uranium enrichment in the search for calcrete-hosted (paleochannel-type) uranium deposits such as Langer Heinrich, leaving the primary leucogranite targets effectively untested. Across the broader Eureka license area, historical work included 100 prospecting pits (to 1.8 m depth, averaging 1.3 m) and 139 rotary air-blast (RAB) drill holes totaling only 803 m (i.e. average depth of only 5.8 m). Visible carnotite mineralization was reported in several pits, with uranium values up to 192 ppm U₃O₈ over 1.18 m, confirming uranium enrichment within the overburden and weathered bedrock. Preliminary, non-NI 43-101-compliant historical estimates indicated approximately 600,000 lbs U₃O₈ at 70 ppm within the overburden gycretes and calcretes (see Technical Disclosure below in reference to this historical resource estimate).

Despite best efforts, the Company has been unable to locate additional drill data or records. The summary descriptions provided in the available report suggest that systematic testing of deeper bedrock targets was never completed. This provides a significant opportunity to evaluate the potential for Rössing-style, leucogranite-hosted uranium mineralization beneath the thin overburden.

Drill Testing Warranted Below the Weathering Profile

Given the apparent shallow nature of the historical drilling, any testing of the underlying leucogranite units would have been very limited or non-existent, with exploration evidently focused on surface and near-surface mineralization within the overburden. The highly weathered nature of the limited leucogranite outcrop indicates that leaching has occurred near-surface, and as a result, leucogranites found at surface would not be expected to be mineralized other than possible secondary mineralization (carnotite) — as discovered from initial field reconnaissance. Drilling below the weathering profile is required to test for primary leucogranite-hosted mineralization (uraninite), typical of Rössing-style deposits.

Technical Disclosure

The historical exploration results and historical resource estimate summarized herein are considered historical in nature and have not been verified by the Company’s Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’). These results, including the historical resource estimate, are sourced from Wartha, R.R. (2009). 2009 Annual Technical Report – EPL 3637 (Ancash Investment (Pty) Ltd.), prepared for Valencia Uranium (Pty) Ltd., December 18, 2009. The approximate historical resource estimate was calculated using an area of 1.5 million m2 and an average mineralized thickness of 1 to 2 metres within the overburden gycretes and calcretes providing approximately 3.9 million tonnes of mineralization at 70 ppm, totaling in 600,000 lbs of U₃O₈. The historical resource categories used in the estimate do not conform to the current CIM Definition Standards and should not be compared directly to current mineral resource categories. The Company is not aware of any more recent mineral resource estimates for the Property. A Qualified Person has not completed sufficient work to verify the historical estimate or to classify it as a current mineral resource, and the Company is not treating the historical estimate as a current mineral resource. To verify and upgrade the historical estimate, additional work will be required, including data verification, review of historical drilling and sampling QA/QC, updated geological modeling, and completion of a new mineral resource estimate in accordance with NI 43-101 and CIM Definition Standards.

Field analysis of rock samples was carried out using a calibrated SciAps X-555 portable X-Ray Fluorescence (pXRF) analyzer. The instrument is capable of detecting uranium providing a rapid, preliminary, and semi-quantitative indication of uranium concentrations which is considered sufficiently reliable for initial reporting of initial field reconnaissance results. Samples are expected to be verified through uranium assay at an accredited laboratory.

Counts per second (‘cps’) results were collected using an RS-125 handheld gamma-ray spectrometer. The RS-125 measures natural radioactivity from potassium (K), uranium (U), and thorium (Th), providing real-time counts-per-second (cps) readings that assist in identifying zones of elevated radioactivity and guiding geological mapping and sampling programs. The cps measurements are qualitative in nature and should not be interpreted as equivalent to uranium concentrations obtained through laboratory analysis.

Qualified Person

Tolene Kruger, BSc. (Hons), M.Sc., is a consulting geologist and has reviewed and approved the scientific and technical information in this news release. Mrs. Kruger is registered as Professional Natural Scientist (Pr.Sci.Nat.) with the South African Council for Natural Science Professions (SACNASP, Reg. No.: 148182), and a Qualified Person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Ms. Kruger is not independent of the Company under NI 43-101.

About ReeXploration Inc.

ReeXploration (TSXV: REE) (FSE: K2I0) is a Canadian exploration company positioned to help meet surging global demand for secure, responsible supplies of critical minerals essential to the clean energy transition, advanced technologies and national defense. The company’s flagship Eureka Project in central Namibia hosts rare earth element (REE) mineralization in monazite, rich in NdPr magnet metals, with bench-scale testing confirming production of a clean, Western-standard concentrate. Supported by a Namibia-based technical team and guided by global critical minerals experts, ReeXploration is advancing discovery-led growth for rare earth elements (REEs) and other critical minerals, building a credible, ESG-aligned platform positioned to benefit from the global race to diversify and secure responsible supply chains.

Caution Regarding Forward-Looking Information

This press release may contain forward-looking information. This information is based on current expectations and assumptions (including assumptions relating to general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results suggested in any forward-looking information. ReeXploration does not assume any obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by securities laws applicable to ReeXploration. Additional information identifying risks and uncertainties is contained in the filings made by ReeXploration with Canadian securities regulators, which filings are available at www.sedarplus.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further details are available on the Corporation’s website at www.rareearthexploration.com or contact Christopher Drysdale, Interim CEO of ReeXploration Inc., at +1 902-334-1949, contact@rareearthexploration.com.

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Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX: OM,OTC:OMZNF ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.

New analytical results are presented below (see Table 1), including 35 mineralized intercepts from ten new drill holes. Infill intercepts are located inside the 2024 MRE model ( see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both’). Maps showing hole locations are available at www.osiskometals.com .

Highlights:

  • Drill hole 30-1128
    • 330.6 metres averaging 0.46% Cu (0.49% CuEq – expansion)
  • Drill hole 30-1115
    • 33.0 metres averaging 1.28% Cu (1.36% CuEq – expansion)
  • Drill hole 30-1117
    • 779.0 metres averaging 0.26% Cu (0.34% CuEq – infill and expansion)
  • Drill hole 30-1118
    • 555.9 metres averaging 0.20% Cu (0.26% CuEq – infill)
  • Drill hole 30-1123
    • 313.5 metres averaging 0.23% Cu (0.28% CuEq – infill and expansion)
    • 220.5 metres averaging 0.20% Cu (0.30% CuEq – expansion)
  • Drill hole 30-1125
    • 293.0 metres averaging 0.23% Cu (0.30% CuEq – expansion)
  • Drill hole 30-1126
    • 804.0 metres averaging 0.24% Cu (0.31% CuEq – infill and expansion)
  • Drill hole 30-1130
    • 347.7 metres averaging 0.24% Cu (0.29% CuEq – infill)
  • Drill hole 30-1131
    • 714.0 metres averaging 0.21% Cu (0.27% CuEq – both)

Table 1: Infill and Expansion Drilling Results

DDH No. From (m) To (m) Length (m) Cu % Ag g/t Mo % CuEq* Type**
30-1115 499.5 532.5 33.0 1.28 8.89 0.009 1.36 Expansion
And 661.5 717.6 56.1 0.59 3.52 <0.005 0.61 Expansion
30-1117 21.0 45.0 24.0 0.24 1.79 <0.005 0.25 Infill
And 149.0 161.0 12.0 0.17 1.84 0.016 0.24 Infill
And 212.5 991.5 779.0 0.26 1.68 0.019 0.34 Both
(including) 212.5 679.0 466.5 0.22 1.44 0.018 0.29 Infill
(including) 679.0 991.5 312.5 0.32 2.04 0.019 0.41 Expansion
30-1118 17.1 573.0 555.9 0.20 1.00 0.008 0.26 Infill
And 624.0 775.5 151.5 0.11 0.77 0.027 0.21 Expansion
30-1123 23.0 59.0 36.0 0.28 2.19 <0.005 0.30 Infill
And 72.0 107.0 35.0 0.19 1.93 <0.005 0.20 Infill
And 123.0 137.0 14.0 0.13 2.04 <0.005 0.14 Infill
And 213.0 526.5 313.5 0.23 1.84 0.012 0.28 Both
(including) 213.0 443.0 230.0 0.24 1.94 0.011 0.29 Infill
(including) 443.0 526.5 83.5 0.20 1.57 0.017 0.27 Expansion
And 553.5 774.0 220.5 0.20 1.63 0.024 0.30 Expansion
30-1125 15.3 199.5 184.2 0.20 0.97 <0.005 0.21 Infill
And 255.0 288.0 33.0 0.12 1.10 0.008 0.14 Infill
And 304.5 335.0 30.5 0.14 0.65 0.009 0.18 Infill
And 356.6 531.7 175.1 0.15 0.98 0.019 <0.005 Infill
And 643.0 936.0 293.0 0.23 1.26 0.019 0.30 Expansion
30-1126 72.0 204.0 132.0 0.13 1.05 0.005 0.15 Infill
And 229.5 1033.5 804.0 0.24 1.48 0.016 0.31 Both
(including) 229.5 634.1 404.6 0.24 1.81 0.017 0.32 Infill
(including) 634.1 1033.5 399.4 0.24 1.15 0.015 0.30 Expansion
30-1127 5.0 24.0 19.0 0.16 2.31 <0.005 0.18 Infill
And 107.0 124.0 17.0 0.30 3.53 0.005 0.33 Infill
And 255.0 284.2 29.2 0.28 2.66 0.012 0.34 Infill
And 328.5 370.5 42.0 0.21 1.84 0.008 0.25 Infill
And 476.5 493.5 17.0 0.19 1.46 <0.005 0.21 Infill
And 546.0 591.0 45.0 0.56 3.46 0.046 0.75 Infill
And 807.9 833.0 25.1 0.53 2.79 <0.005 0.56 Expansion
And 864.0 891.0 27.0 0.40 2.46 <0.005 0.42 Expansion
30-1128 8.0 32.0 24.0 0.18 2.48 <0.005 0.19 Expansion
And 44.0 58.0 14.0 0.21 2.01 <0.005 0.22 Expansion
And 78.0 193.5 115.5 0.44 3.67 0.008 0.49 Expansion
And 225.0 555.6 330.6 0.46 4.33 <0.005 0.49 Expansion
(including) 392.0 406.5 14.5 2.51 24.9 <0.005 2.66 Expansion
30-1130 5.0 18.0 13.0 0.19 2.09 <0.005 0.21 Infill
And 168.0 515.7 347.7 0.24 2.14 0.010 0.29 Infill
And 610.5 888.0 277.5 0.26 1.51 0.023 0.35 Infill
30-1131 27.0 741.0 714.0 0.21 1.11 0.015 0.27 Both

* See explanatory notes below on copper equivalent values and Quality Assurance/Quality Controls.
** ‘Both’ indicates drill holes that have contiguous shallower infill as well as deeper expansion intercepts.

Discussion

Drill hole 30-1115, located on the eastern margin of the 2024 MRE model, did not intersect significant mineralization to a depth of 499 metres, but cut relatively high grades of 33.0 metres averaging 1.28 % Cu, 8.89 g/t Ag within the C Zone skarn horizon (expansion), as well as 56.1 metres averaging 0.59 % Cu and 3.52 g/t Ag, above the E Zone skarn horizon. The hole ended in an E zone stope where massive sulfides and high-grade skarns were previously mined.

Drill hole 30-1117, located on the western flank of Copper Mountain, cut three mineralized intervals including 779.0 metres averaging 0.26 % Cu, 1.68 g/t Ag and 0.019% Mo (which includes 312.5 metres of depth expansion), extending mineralization in this area to a vertical depth of 991 metres.

Drill hole 30-1118, located near the southern lip of the Copper Mountain open pit, cut two mineralized intervals including 555.9 metres averaging 0.20 % Cu, 1.00 g/t Ag and 0.008% Mo (infill) as well as a deeper intersection of 151.5 metres averaging 0.11 % Cu, 0.77 g/t Ag and 0.027% Mo (expansion), extending mineralization in this area to a vertical depth of 776 metres.

Drill hole 30-1123, located on the southern flank of Copper Mountain, cut three mineralized intersections, 14 to 36 metres thick and distributed in ‘layer cake’ fashion from surface to a vertical depth of 137 metres, followed by 313.5 metres averaging 0.23 % Cu, 1.84 g/t Ag and 0.012% Mo (infill and expansion) and then by 220.5 metres averaging 0.20 % Cu, 1.63 g/t Ag and 0.024% Mo (expansion), extending mineralization in this area to a vertical depth of 774 metres.

Drill hole 30-1125, located approximately 200 metres south of 30-1118, near Copper Brook, cut five mineralized intersections, 30 to 293 metres thick and distributed in ‘layer cake’ fashion from surface to a vertical depth of 936 metres, including 184.2 metres averaging 0.20 % C and 0.97 g/t Ag (infill) as well as 293.0 metres averaging 0.23 % Cu, 1.26 g/t Ag and 0.019% Mo (expansion).

Drill hole 30-1126, located on the western flank of Copper Mountain, cut two mineralized intervals including 804.0 metres averaging 0.24 % Cu, 1.48 g/t Ag and 0.016% Mo (which includes 399.4 metres of depth expansion), extending mineralization in this area to a vertical depth of 1033 metres.

Drill hole 30-1127, located near the eastern margin of the 2024 MRE model, cut eight intersections of mineralization, 17 to 45 metres thick and distributed in ‘layer cake’ fashion from surface to a vertical depth of 891 metres, confirming the near limit of the 2024 MRE model at this location.

Drill hole 30-1128, located 100 metres south of the southern margin of the 2024 MRE model, cut four mineralized intersections, all expansion outside the current resource model, including 115.5 metres averaging 0.44 % Cu and 3.67 g/t Ag within (and above) the B Zone skarn horizon, as well as 330.6 metres averaging 0.46 % Cu and 4.33 g/t Ag from the top of the C Zone skarn to well below (120 metres) the E zone horizon. This latter intersection included a high-grade interval of 14.5 metres averaging 2.51 % Cu and 24.9 g/t Ag, located in a mineralized vein/massive sulfide zone about 20 metres above the E Zone horizon. This is a new mineralized zone not previously identified at Gaspé Copper and its extent is presently unknown.

Drill hole 30-1130, located on top of Copper Mountain near the center of the 2024 MRE model, cut two significant mineralized intervals including 347.7 metres averaging 0.24 % Cu, 2.14 g/t Ag and 0.010% Mo, followed by 277.5 metres averaging 0.26% Cu, 1.51 g/t Ag and 0.023% Mo, extending mineralization in this area to a vertical depth of 874 metres.

Drill hole 30-1131, located near the southern lip of the Copper Mountain open pit adjacent to 30-1118, was drilled at a 78-degree dip towards the north and it intersected 741 metres of continuous mineralization from surface, averaging 0.21 % Cu, 1.11 g/t Ag and 0.015% Mo (infill). This hole confirmed mineralization in this area to a vertical depth of 725 metres, ending in the porphyry intrusion core of the Copper Mountain deposit.

Mineralization at Gaspé Copper is of porphyry copper/skarn type and occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. One prograde and at least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier, bedding replacement skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedding-parallel mineralization, that is mostly stratigraphically controlled, dominates in the area of lower Copper Mountain, Needle Mountain, Needle East, and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.

The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization ( see May 6, 2024 MRE press release ). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category ( see November 14, 2024 MRE press release ).

The current drill program is designed to convert the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively. The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in Q1 2026.

Most holes are being drilled sub-vertically into the altered calcareous stratigraphy which dips 20 to 25 degrees to the north. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.

Table 2: Drill hole locations

DDH No. Azimuth (°) Dip (°) Length (m) UTM E UTM N Elevation
30-1115 0.0 -90.0 723.6 316600.0 5426109.0 612.4
30-1117 0.0 -90.0 1014.0 315811.0 5426424.0 695.7
30-1118 0.0 -90.0 780.0 315612.0 5426495.0 580.2
30-1123 0.0 -90.0 894.0 316136.0 5425972.8 621.3
30-1125 0.0 -90.0 972.0 315608.0 5426313.0 580.0
30-1126 0.0 -90.0 1080.9 315800.0 5426321.0 651.9
30-1127 0.0 -90.0 1029.0 316500.0 5426171.0 647.8
30-1128 90.0 -88.0 675.0 316277.0 5425557.0 566.5
30-1130 345.0 -80.0 888.0 316194.0 5426387.0 746.0
30-1131 355.0 -78.0 741.0 315612.0 5426495.0 583.0


Explanatory note regarding copper-equivalent grades

Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum, and US$24/oz silver; 3) estimated recoveries of 92%, 70%, and 70% for Cu, Mo, and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7%, and 75.0% for Cu, Mo, and Ag respectively.

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent ‘qualified person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’).

Quality Assurance / Quality Control

Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 10 metres or less are not reported unless indicating significantly higher grades .   True widths are estimated at 90 – 92% of the reported core length intervals.

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for Cu, Mo and Ag.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper’. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometres of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President
Email: info@osiskometals.com
Phone: (416) 500-4129

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained herein.

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Development-ready gold asset in premier mining jurisdiction with funded advancement plan; preparing to initiate project-development and exploration drill program

Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce that, following the completion of its $8 million bought-deal financing, the Company has initiated key technical work streams to advance the Goldfields Project (‘Goldfields’ or the ‘Project’) toward a Pre-Feasibility Study (‘PFS’) in 2026. In parallel, permitting activities are progressing through ongoing baseline environmental studies and planned community consultation. Together, these initiatives build on the strong foundation established by the recently released Updated Preliminary Economic Assessment (‘Updated PEA’), which demonstrated exceptional economics, a streamlined permitting pathway, and a de-risked mineral resource with 97% of ounces in the Indicated category.

Updated PEA Economic Highlights:

  • Leverage to Gold Price: At a spot gold price of US$3,650 per ounce (as of September 19, 2025), the after-tax NPV (5%) increases to C$1.25 billion and the IRR to 74%, generating cumulative after-tax free cash flow of C$1.82 billion.

‘Goldfields stands out as a development-ready gold asset in a premier mining jurisdiction,’ stated Dale Verran, CEO of Fortune Bay. ‘With robust Updated PEA economics, a strong project foundation and now a fully funded advancement plan, we are positioned to unlock meaningful value on multiple fronts. As part of this, we are preparing to commence a drilling program in the coming weeks that will include both project-development drilling to support the PFS and exploration drilling to evaluate resource growth potential. We expect to announce the specific exploration drill targets shortly.’

Studies Toward Pre-Feasibility:

  • Project Development-Related Drilling: Planning of a comprehensive drilling program for Box and Athona is underway. This is being optimized to provide the required drill coverage and core samples to support a PFS for Goldfields. The program will integrate geotechnical study, metallurgical sampling, waste rock study and groundwater investigations, aimed to minimize the amount of drilling required to the extent possible. Project development-related drilling is expected to be run in conjunction with an exploration drilling program for efficiency and is expected to begin in the coming weeks.
  • Waste Rock Characterization: The Company has initiated an analytical testing program and a suite of samples, representing the dominant lithological units in the Box and Athona waste rock material, have been collected and are being exported from site for Acid Base Accounting, metal geochemistry and shake flask extraction testing. Results of this work will inform subsequent mineralogical and kinetic waste rock humidity cell testing. All analyses will be carried out by SGS Canada – Lakefield laboratory in Ontario. The results of this study will be used to inform forward planning and sampling during upcoming drilling and will also be used to develop waste rock and water management plans.
  • Metallurgical Testwork: A testwork program is currently underway at the SGS Canada – Lakefield laboratory in Ontario. A representative sample of mineralization from the Box deposit is being tested to supplement work carried out in 2015 and properly constrain what percentage gold can be recovered into a concentrate with the minimum possible mass draw through a combination of gravity and two-pass floatation. Results are expected in early December, and these will inform decision making about project scope and additional metallurgical testing for advancement through PFS.
  • High-Resolution Topographic Survey: A fixed-wing airborne LiDAR (Light Detection and Ranging) survey was carried out at Goldfields in October 2025 to generate high-resolution topographic data to support more detailed engineering studies during PFS. The survey, carried out over the entire project footprint area as proposed in the Updated PEA with additional buffer, was completed by KBM Geomatics of Thunder Bay, Ontario. Deliverables are expected in November 2025.

Permitting Activities, Community Consultation and Regulatory Engagement:

  • Aquatic Surveys: Completed in September 2025 by Ecometrix Inc. of Mississauga, Ontario. Initial reporting on aquatic habitat studies and fishing results is expected in December 2025, with full reporting including laboratory analysis expected in early 2026.
  • Terrestrial Surveys: Initiated in August 2025 by Omnia Ecological Services of Calgary, Alberta. This included ecological land classification studies and deployment of cameras and acoustic survey units. Follow up field work was completed in October 2025, collecting a first round of data from all survey equipment, which remain deployed in the field. Initial reporting on findings is expected in December 2025, with survey work ongoing in 2026.
  • Planned Regulatory Engagement: Results from baseline environmental studies and waste rock characterization work mentioned above will be integrated with feedback from early consultation and will be used as a basis for initiation of regulatory engagement and the submission of a Technical Proposal to the Saskatchewan Ministry of Environment in Q1 of 2026. This work will build upon the Provincially-approved 2008 Environmental Impact Statement for a 5,000 tpd open-pit operation.

Qualified Person & Technical Report

Details for the Updated PEA for Goldfields are provided in the technical report titled ‘Goldfields Project Updated NI 43-101 Technical Report & Preliminary Economic Assessment, Saskatchewan, Canada‘, dated October 20, 2025, prepared by Kevin Murray, P.Eng.; Scott C. Elfen, P.E.; James Millard, P.Geo.; Jonathan Cooper, P.Eng.; Marc Schulte, P.Eng.; Cliff Revering, P.Eng.; and Ron Uken, Pr.Sci.Nat. for Fortune Bay Corp. The technical report is available under the Company’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the Company’s website at www.fortunebaycorp.com.

The technical and scientific information in this news release has been reviewed and approved by Gareth Garlick P.Geo., Vice-President Technical Services of the Company, who is a Qualified Person as defined by NI 43-101. Mr. Garlick is an employee of Fortune Bay and is not independent of the Company under NI 43‑101.

About Goldfields

The 100% owned Goldfields Project (‘Goldfields’ or the ‘Project’) is located approximately 13 kilometres south of Uranium City, Saskatchewan. Goldfields hosts the Box and Athona gold deposits, as well as additional gold showings within the prospective Goldfields Syncline. The Box deposit was historically mined underground between 1939 and 1942, producing 64,000 ounces of gold. The Project is located within a historical mining area and benefits from established infrastructure, including a road and hydro-powerline to the Box deposit. Nearby facilities and services in Uranium City include bulk fuel, civils contractors, and a commercial airport.

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a gold exploration and development company advancing high-potential assets in Canada and Mexico. With a strategy focused on discovery, resource growth and early-stage development, the Company targets value creation at the steepest part of the Value Creation Curve—prior to the capital-intensive build phase. Its portfolio includes the development-ready Goldfields Project in Saskatchewan, the resource-expansion Poma Rosa Project in Mexico, and two optioned Athabasca Basin uranium portfolios providing non-dilutive capital and upside exposure. Backed by a technically proven team and tight capital structure, Fortune Bay is positioned for multiple near-term catalysts. For more information, visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

On behalf of Fortune Bay Corp.

‘Dale Verran’
Chief Executive Officer
902-334-1919

Cautionary Statement

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements, and include, but are not limited to, statements with respect to: the results of the Updated PEA, including future Project opportunities, future operating and capital costs, closure costs, AISC, the projected NPV, IRR, timelines, permit timelines, and the ability to obtain the requisite permits, economics and associated returns of the Project, the technical viability of the Project, the market and future price of and demand for gold, the environmental impact of the Project, and the ongoing ability to work cooperatively with stakeholders, including Indigenous Nations, local Municipalities and local levels of government. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward- looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate Indigenous Nations and local Municipalities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Fortune Bay Corp.

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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce that Sorbie Bornholm LP (‘Sorbie’), a UK Investment Fund, has undertaken an initial investment in Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (‘Questcorp’ or the ‘Company’). The gross amount of the investment is CAD$2,000,000. The funds will go toward advancing Questcorp’s ongoing exploration and development programs at its flagship La Union Gold and Silver Project in Sonora, Mexico, and its North Island Copper Property on Vancouver Island, British Columbia, and for general working capital purposes.

Reflecting on the new partnership, President & CEO, Saf Dhillon, commented:

‘We are incredibly pleased to have secured this strategic investment from Sorbie Bornholm, a respected international institutional investor. This financing provides us with the flexibility to accelerate exploration across our key assets in Mexico and British Columbia. We view Sorbie’s participation as a strong vote of confidence in Questcorp’s team, vision, and long-term potential to deliver value through discovery and development.’

Whitney Kofford, Managing Director of Sorbie Bornholm LP, added:

‘We are delighted to welcome Questcorp Mining Inc. as a new partner and portfolio company. Our decision to invest reflects our enormous confidence in Questcorp’s leadership. And in turn, by entering into a Sharing Agreement, Questcorp’s leadership signals strong conviction in their ability to execute and grow value for all stakeholders. Sorbie’s Sharing Agreement is designed to align interests towards growth and provide companies with consistent capital that rewards operational success and share price appreciation. We trust Questcorp will use the capital support to systematically unlock long-term value for all shareholders, and we look forward to sharing in their great upside potential.’

About Sorbie Bornholm

Sorbie Bornholm LP is a global investment firm that provides funding for ongoing business objectives to listed micro, small and mid-cap growth companies. We focus on public equity investments in companies that are looking to expand and on management teams with a clear growth strategy. Our extensive experience allows us to invest in most industries in order to provide supportive, longer-term capital that rewards company growth.

Since 2000, Sorbie Bornholm LP founder Greg Kofford has perfected the ‘Sorbie-Strategy’, utilizing a sharing agreement that supports management and rewards growth. This unique approach has now been used in over 50 investments – with many of those resulting in the companies receiving more cash than the original offering proceeds – without having to issue any additional shares.

Sorbie Bornholm’s core values drive who we are and how we invest. We are committed to developing long-term relationships with select listed public companies and their brokers & advisers. We focus on providing supportive, longer-term capital that rewards growth. We invest to make a difference, to become a valued partner and to be a shareholder of choice. It’s important to us that we succeed together.

To see if the Sorbie-Strategy is right for your company, please contact Sorbie Bornholm:

Whitney Kofford, Managing Director
+1-801-554-5889
whitney@sorbiebornholm.com https://sorbiebornholm.co.uk/

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273793

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InMed Pharmaceuticals (NASDAQ: INM) pairs innovative therapeutic development in Alzheimer’s, ophthalmology, and dermatology with recurring revenue from its BayMedica manufacturing division — giving investors rare small-cap biotech exposure to high-impact science with reduced financing risk.

INM-901 takes a multi-pathway approach to Alzheimer’s, targeting several core drivers of the disease rather than just amyloid beta. In preclinical studies, it protected neurons, reduced inflammation, cleared toxic proteins, and improved cognition, aligning with the industry’s shift toward multi-target therapies.

InMed’s BayMedica subsidiary manufactures rare cannabinoids via chemical synthesis, rather than plant extraction, ensuring purity, consistency and scalability. The business generates approximately $5 million in annual revenue and ~40 percent gross margins, selling to the global health and wellness ingredient markets. This dual business model gives InMed a cash flow-supported R&D engine, enhancing sustainability and valuation resilience.

Investor Insight

InMed is a pharma innovator advancing proprietary small-molecule therapies in Alzheimer’s and ophthalmology, supported by a revenue-producing manufacturing arm. With cash exceeding its market cap and multiple near-term catalysts, it represents a compelling, undervalued biotech opportunity.

This InMed Pharmaceuticals profile is part of a paid investor education campaign.*

Click here to connect with InMed Pharmaceuticals (NASDAQ:INM) to receive an Investor Presentation

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Mark Skousen of Forecasts & Strategies shares his outlook for gold, silver and the US economy.

‘We’ve entered an era of what I call permanent inflation,’ he explained.

‘After World War II, inflation became permanent — higher and higher prices every year. The inflation rate may ebb and accelerate, but it’s always positive year after year.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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(TheNewswire)

Vancouver, British Columbia TheNewswire – November 10, 2025 Juggernaut Exploration Ltd (JUGR.V) (OTCPK: JUGRF) (FSE: 4JE) ( the ‘Company’ or ‘Juggernaut’) is excited to announce that detailed mapping and sampling have confirmed that the gold-rich Big Mac Zone, Whopper Zone and Gold Dome Zone all form part of the 22 Km 2 district-scale Eldorado System that remains wide open where grab samples assayed up to 263.70 gt AuEq or 8.48 ozt AuEq and channel cuts assayed up to 4.89 gt AuEq over 5.21 m from >400 mineralized veins that are up to 10 m wide hosted in shear zones up to 50 m wide, and are exposed on surface for >1 km with >1 km of vertical relief, remains open and is drill ready on the Big One property (the ‘Property’), Golden Triangle, British Columbia. In addition, based on excellent assay results, the Company has acquired additional claims and expanded the Gold Swarm discovery area of strong gold potential from 1 km 2 to 3 km 2 and 700 m of vertical relief and remains open, effectively tripling this area of strong gold potential, where grab samples assayed up to 231.81 gt AuEq or 7.45 ozt AuEq and channel cuts assayed up to 4.51 gt AuEq over 4.36 m that remains open and is drill ready. The Big One discovery is located in an area of recent glacial and snowpack abatement adjacent to the Tier 1 gold-rich porphyry systems, the likes of Galore Creek. The 100% controlled Big One property covers 39,271 hectares of geological terrane with tremendous additional discovery potential.

Link to map with samples > 1 g/t AuEq

Big One Gold Rich District Scale System Highlights:

  • The district-scale Eldorado System covers an area ~half the size of the Island of Manhattan (22 km ) that remains wide open where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq and channel cuts assayed up to 4.89 g/t AuEq over 5.21 m from 400 mineralized veins that remain open and are up to 10 m wide, the equivalent to ~3-story building, hosted in shear zones up to 50 m wide, comparable to a 15-story building, and are exposed on surface for 500 m, or 5 football fields, with 1 km of vertical relief, the height of 2.5 Empire State Buildings.

Link to Gold Dome Figure

Link to Whopper Zone Figure

  • The Gold Swarm Area of strong gold potential has been expanded from 1 km to 3 km , equivalent to more than the downtown core of Vancouver B.C, with 700 m of vertical relief and remains wide open, with 100 veins up to 4.5 m wide, the equivalent of a 1.5-story building, and exposed on surface for 200 m equivalent to 2 football fields and remain open containing grab samples that assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq a nd channel cuts that assayed up to 4.51 g/t AuEq over 4.36 m. The Gold Swarm Area is drill ready.

Link to Goldswarm Figure

  • 41% (219 samples out of 527) collected within the Eldorado System in 2024 and 2025 assayed 1 g/t AuEq; 65% (28 samples out of 43) collected withing the Gold Swarm Zone in 2024 and 2025 assayed 1 g/t AuEq.

Grade (AuEq)

>1 g/t

>3 g/t

>5 g/t

>10 g/t

>15 g/t

>20 g/t

>30 g/t

>60 g/t

>90 g/t

Samples

219

129

95

66

51

40

23

8

5

  • Gold samples up to 256.60 g/t or 8.25 oz/t, silver samples up 2810 g/t or 90.34 oz/t, and copper samples up to 14.40 % were collected on Big One.

  • Detailed mapping has confirmed common orientations as well as similar geochemical signatures and textures of the gold-mineralized veins along the 15 km Highway of Gold corridor surrounding the snowcap of Deeker Glacier, strongly indicating that the gold-rich mineralization found throughout is all part of one huge district-scale gold system that remains wide open.

  • The polymetallic veins, alteration signature, geochemical pathfinder element signature, and geophysical anomalies strongly indicate the presence of a large common buried gold-silver-copper rich porphyry feeder source or similar magmatic source or sources at depth responsible for the extensive high-grade veining confirmed on surface over 22 km

  • The company recently received a 5-year property-wide advanced exploration drill permit.

  • Detailed geological and structural mapping has been completed on the reported drill targets in order to define the full geometry of these high-grade gold-bearing shears and veins and will be instrumental in designing the drill plan for the upcoming maiden drill program.

  • A high-resolution UAV photogrammetry survey was completed over an area of 52 km2 on the Eldorado System and Gold Swarm Zone encompassing all of the maiden drill targets. The data will be used to support modelling and define targeting the high-grade gold mineralization recently discovered.

  • A property wide LiDAR survey covering an area of 385 km has been conducted and will be used to augment information obtained from the mapping as well as plan the upcoming inaugural drill campaign.

  • Multiple drill-ready targets have been confirmed and are planned to be tested in the fully funded inaugural drill program and include but are not limited to: the 22 km Eldorado System hosting the Gold Dome Zone where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq; the Big Mac Zone where grab samples assayed up to 113.92 g/t AuEq or 3.66 oz/t AuEq; the Whopper Zone where grab samples assayed up to 43.94 g/t AuEq or 1.41 oz/t AuEq; and the Gold Swarm Area where grab samples assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq.

  • Juggernaut is working in consultation with the Tahltan First Nation and the local community and is committed to maintaining respectful and collaborative relationships. As we advance exploration on our project, we will continue working closely with the Tahltan First Nation and all the local stakeholders and regulatory agencies to ensure our activities create long-term value and reflect community priorities.

Dan Stuart, President and CEO of Juggernaut Exploration states: ‘With a district-scale discovery of this magnitude host to so many large gold-rich veins and shears exposed on surface that rise above the valley floor for >1 km we are likely only seeing the tip of the iceberg on this mountain of gold. We look forward to the fully funded maiden drill program on this remarkable gold discovery with much anticipation. The best is yet to come!’

Manuele Lazzarotto, PhD, Chief Geologist of Juggernaut Exploration, states: ‘With the advanced exploration permit in hand, we look forward to unlocking the full potential of the Big One gold discovery in the third dimension during the inaugural drill program. Once we receive, compile, and interpret all the deliverables from the detailed and regional mapping, UAV orthophotos survey, and LiDAR survey, the same team responsible for the Tier 1 Surebet gold discovery will design and execute the maiden drill program. Obvious opportunities with the scale and grades seen on Big One are extremely rare, and we have clearly barely begun to scratch the surface. The team looks forward to testing this remarkable discovery at depth.’

Table 1: Samples from 2024-2025 with assays >1 g/t AuEq

Sample ID

Year

Sample Type

Au (g/t)

Ag (g/t)

Cu (%)

Pb (%)

Zn (%)

AuEq (g/t)

M224886

2025

Float

256.60

546.00

0.43

0.41

0.01

263.70

M217656

2025

Float

226.94

335.00

0.00

4.99

0.01

231.81

D751423

2025

Grab

138.70

29.96

0.08

0.02

0.02

139.14

M220659

2025

Grab

111.35

159.00

0.02

3.88

0.01

113.92

M224956

2025

Grab

95.04

49.60

0.02

0.02

0.01

95.67

D751282

2024

Grab

79.01

58.90

0.13

0.43

0.80

80.08

D751407

2025

Grab

68.57

115.00

0.35

1.25

6.53

72.02

D751424

2025

Grab

60.08

9.57

0.01

0.00

0.01

60.21

D751966

2024

Grab

56.54

23.30

0.03

0.02

0.03

56.84

M220561

2025

Grab

55.50

38.62

0.09

2.02

0.44

56.47

M217807

2025

Channel

47.18

156.00

0.01

9.28

0.07

50.57

D750642

2025

Grab

43.99

102.00

0.00

9.19

0.44

46.79

M217601

2025

Channel

39.84

333.00

0.02

0.07

0.06

43.94

M217579

2025

Channel

34.96

415.00

0.02

21.13

0.06

43.38

D751216

2024

Grab

37.98

75.50

0.24

5.72

3.93

41.46

D751191

2024

Channel

12.12

2810.00

0.02

8.04

0.00

37.20

D751156

2024

Grab

33.72

177.00

0.27

2.71

0.27

36.11

D751357

2025

Grab

18.06

333.00

12.05

0.00

0.14

32.65

M217613

2025

Channel

31.68

9.40

0.16

0.00

0.10

31.96

M224961

2025

Grab

31.25

13.98

0.39

0.00

0.00

31.77

D750638

2025

Grab

14.46

621.00

0.11

54.39

0.44

30.79

D751375

2025

Grab

28.47

70.39

0.15

2.43

0.40

29.94

D751402

2025

Grab

29.23

11.44

0.17

0.01

0.00

29.52

D751373

2025

Grab

21.44

172.00

0.07

15.92

6.21

27.59

D751964

2024

Talus

23.47

110.00

1.37

0.01

0.00

26.07

D750389

2024

Grab

8.10

1420.00

1.11

0.15

2.70

26.01

D751163

2024

Float

23.97

116.00

0.02

2.16

0.13

24.53

D750639

2025

Grab

18.12

174.00

3.36

2.91

0.03

23.63

M217567

2025

Channel

17.00

461.00

0.04

0.87

0.31

22.86

D750624

2025

Grab

21.62

45.06

0.00

2.33

0.16

22.58

M217705

2025

Channel

20.78

48.45

0.62

2.37

1.05

22.53

M224905

2025

Talus

9.48

646.00

5.48

0.05

0.05

22.15

M224982

2025

Chip

21.17

20.30

0.02

0.92

0.03

21.58

M217655

2025

Grab

19.64

15.34

0.00

1.37

2.93

20.74

M224983

2025

Grab

14.06

191.00

0.15

17.27

4.50

20.31

D751365

2025

Grab

9.35

566.00

0.01

25.22

0.06

20.24

M217657

2025

Grab

18.11

88.95

0.00

2.08

0.01

19.53

D750621

2025

Grab

3.76

223.00

14.45

0.00

0.11

19.09

D750644

2025

Grab

18.47

12.54

0.00

0.89

0.01

18.77

D750625

2025

Grab

18.32

6.19

0.01

0.01

0.55

18.54

D751374

2025

Talus

16.60

66.43

0.38

1.82

0.60

18.17

D750641

2025

Grab

15.52

55.65

0.63

1.85

0.08

17.06

M224959

2025

Grab

15.94

16.54

0.00

0.01

0.01

16.15

D750394

2024

Grab

13.12

163.00

0.51

1.65

0.42

16.04

M217852

2025

Channel

15.39

20.95

0.04

1.02

0.37

15.93

M217649

2025

Channel

14.96

22.24

0.41

0.64

0.95

15.92

D751285

2024

Grab

3.74

91.20

7.96

0.01

0.01

13.18

D751975

2024

Grab

10.62

198.00

0.00

0.77

0.01

13.10

D750192

2024

Grab

3.44

220.00

6.61

0.00

0.01

12.91

M224932

2025

Grab

0.00

755.00

0.63

6.07

7.28

12.43

D750852

2025

Subcrop

1.07

860.00

0.01

2.12

1.32

12.20

M220602

2025

Grab

11.92

2.04

0.01

0.00

0.04

11.96

M224883

2025

Grab

11.07

20.98

0.03

0.01

0.00

11.36

D751943

2024

Grab

4.00

128.00

0.30

15.35

8.35

11.32

D750198

2024

Float

6.01

34.10

0.14

0.04

15.30

11.21

M217784

2025

Channel

10.83

1.88

0.00

0.00

0.04

10.87

D750704

2025

Grab

2.59

325.00

0.35

22.97

1.56

10.83

D750608

2024

Grab

10.62

3.20

0.00

0.01

0.01

10.67

M217785

2025

Channel

10.17

1.97

0.00

0.00

0.01

10.20

M224957

2025

Grab

9.65

15.14

0.03

0.18

0.48

10.00

D751154

2024

Grab

5.72

218.00

0.22

1.81

1.34

9.20

D751969

2024

Float

5.59

185.00

0.40

1.91

0.98

8.82

D751284

2024

Float

6.34

47.70

0.03

6.78

0.59

8.66

D751151

2024

Float

2.79

474.00

0.01

20.00

1.22

8.59

D751192

2024

Channel

3.39

366.00

0.01

0.11

0.00

7.68

D751372

2025

Grab

7.44

16.56

0.00

0.17

0.01

7.67

D751104

2024

Float

3.79

204.00

0.30

4.60

1.12

7.54

D750395

2024

Grab

6.01

105.00

0.01

0.06

0.09

7.42

D750643

2025

Grab

7.36

2.04

0.00

0.03

0.02

7.40

M217571

2025

Channel

6.06

89.91

0.04

0.01

0.67

7.35

M220559

2025

Grab

1.55

262.00

0.01

13.83

0.08

6.94

M220601

2025

Grab

6.77

5.19

0.08

0.00

0.01

6.91

M224865

2025

Grab

0.05

213.00

4.32

0.07

0.48

6.53

M217589

2025

Channel

5.81

19.08

0.35

0.37

0.28

6.48

D751403

2025

Float

6.13

14.47

0.00

0.02

0.01

6.31

D751368

2025

Talus

6.09

6.80

0.01

0.25

0.04

6.24

D751433

2025

Grab

0.03

139.00

2.99

4.42

4.65

6.13

D751369

2025

Grab

4.97

71.63

0.02

1.44

0.07

6.10

D751939

2024

Channel

5.06

96.30

0.00

0.05

0.03

6.10

M217566

2025

Channel

4.40

118.00

0.02

0.13

0.22

5.93

D751107

2024

Float

4.09

71.80

0.22

1.20

0.95

5.71

D751112

2024

Float

4.94

59.50

0.00

0.31

0.02

5.70

M217702

2025

Channel

4.30

38.77

0.58

2.16

0.10

5.64

M224981

2025

Grab

5.31

13.36

0.01

0.69

0.04

5.60

D751435

2025

Grab

5.19

10.98

0.00

0.54

0.20

5.46

D751158

2024

Grab

4.60

30.70

0.04

1.36

0.02

5.31

M220673

2025

Grab

0.00

345.00

0.03

0.45

4.17

5.29

M217648

2025

Channel

4.69

7.08

0.26

0.44

0.43

5.17

M217788

2025

Channel

5.15

1.29

0.01

0.01

0.00

5.17

D750657

2024

Grab

3.71

40.80

0.76

0.01

0.02

4.98

M220603

2025

Grab

0.39

313.00

0.26

1.50

1.07

4.92

D751215

2024

Grab

2.96

102.00

0.04

0.04

2.15

4.84

D750094

2024

Grab

0.02

108.00

1.01

0.06

8.60

4.83

D750632

2025

Float

4.44

20.01

0.02

0.74

0.01

4.83

D750656

2024

Grab

1.56

97.60

0.06

7.88

0.25

4.53

M217573

2025

Channel

4.27

16.46

0.00

0.00

0.00

4.48

M217643

2025

Channel

4.35

3.99

0.01

0.01

0.04

4.42

M217608

2025

Channel

4.35

1.50

0.00

0.00

0.01

4.38

D751406

2025

Grab

4.07

12.47

0.00

0.02

0.05

4.24

M224868

2025

Grab

0.38

68.48

3.42

0.01

0.15

4.23

M217805

2025

Channel

4.18

2.82

0.00

0.03

0.01

4.22

D750088

2024

Grab

0.16

143.00

0.04

7.63

1.50

4.18

M224938

2025

Grab

0.00

89.59

3.15

0.01

1.15

4.11

D751417

2025

Grab

3.38

46.67

0.00

0.41

0.00

4.02

M217637

2025

Channel

3.63

10.25

0.03

0.53

0.59

4.00

D750664

2024

Float

0.46

292.00

0.02

4.51

0.08

3.99

D750854

2025

Grab

0.00

186.00

0.07

7.28

1.99

3.95

M224935

2025

Grab

0.00

271.00

0.23

1.45

0.78

3.91

M224866

2025

Grab

0.20

146.00

1.78

0.04

1.31

3.85

M224851

2025

Chip

2.61

38.00

0.13

1.99

0.85

3.70

D751697

2024

Grab

0.09

105.00

2.35

0.01

0.07

3.65

M220553

2025

Grab

0.59

200.00

0.01

3.58

0.06

3.61

D751283

2024

Float

0.26

12.60

3.02

0.00

0.00

3.57

D751946

2024

Grab

0.02

136.00

0.72

0.18

4.35

3.54

D751699

2024

Grab

2.15

68.90

0.01

2.63

0.06

3.51

D750751

2025

Grab

1.16

82.41

0.03

4.01

2.80

3.48

M224904

2025

Grab

1.04

187.00

0.00

0.43

0.17

3.43

D751195

2024

Channel

1.61

38.20

0.82

1.27

0.71

3.37

D751398

2025

Grab

0.09

65.28

2.01

2.59

1.34

3.36

D751436

2025

Grab

0.14

80.25

0.09

13.18

0.20

3.32

D751394

2025

Grab

0.24

187.00

0.16

1.40

1.42

3.22

D750554

2024

Channel

0.05

81.50

0.35

1.05

5.34

3.17

D750199

2024

Grab

0.15

108.00

0.01

7.73

0.05

3.13

D751836

2024

Chip

0.22

114.00

0.00

5.21

1.59

2.95

D751845

2024

Chip

2.63

24.80

0.00

0.01

0.00

2.95

D751972

2024

Channel

1.42

47.30

0.03

3.43

0.68

2.90

D751846

2024

Grab

2.59

24.70

0.01

0.00

0.00

2.87

D751207

2024

Grab

0.04

256.00

0.01

12.65

0.01

2.85

M224963

2025

Grab

2.63

9.40

0.09

0.08

0.01

2.84

M224855

2025

Grab

2.23

30.34

0.03

0.95

0.20

2.83

M217727

2025

Channel

2.73

2.04

0.01

0.03

0.01

2.77

D751109

2024

Grab

1.65

89.50

0.10

0.01

0.03

2.73

D751962

2024

Grab

0.55

95.20

0.26

1.17

1.98

2.65

D751404

2025

Grab

2.61

1.26

0.00

0.00

0.00

2.63

M220555

2025

Grab

0.09

83.19

0.04

8.00

0.64

2.55

D751968

2024

Grab

1.49

53.50

0.01

1.68

0.13

2.55

D751153

2024

Grab

0.83

86.60

0.38

0.08

1.16

2.52

M220674

2025

Grab

0.00

175.00

0.01

0.62

0.74

2.42

D751213

2024

Float

1.65

51.40

0.02

0.31

0.02

2.41

M224927

2025

Grab

0.70

40.80

0.13

6.73

0.02

2.37

M217782

2025

Channel

0.02

88.40

0.84

0.78

1.59

2.32

M224902

2025

Subcrop

2.02

10.72

0.01

0.90

0.02

2.31

M220677

2025

Talus

0.00

29.29

0.29

0.29

6.78

2.26

D751992

2024

Grab

0.33

102.00

0.03

3.27

0.06

2.21

D750448

2024

Grab

0.42

71.70

0.03

4.57

0.09

2.20

D751391

2025

Grab

1.89

14.34

0.10

0.24

0.01

2.19

D751947

2024

Grab

0.01

74.70

0.48

0.09

2.81

2.16

D750086

2024

Channel

0.17

17.30

0.12

1.11

4.70

2.16

D751371

2025

Grab

1.56

39.69

0.00

0.20

0.00

2.08

M224852

2025

Grab

1.08

50.66

0.16

0.93

0.29

2.05

D750555

2024

Channel

0.05

73.10

0.17

1.03

2.65

2.03

M217618

2025

Channel

1.94

6.23

0.00

0.00

0.01

2.02

D750629

2025

Grab

1.23

39.89

0.15

0.00

0.58

1.99

D751165

2024

Grab

1.95

6.80

0.00

0.01

0.01

1.99

M217592

2025

Channel

1.69

10.63

0.17

0.02

0.01

1.97

D750393

2024

Grab

1.01

41.30

0.02

1.79

0.37

1.97

D750449

2024

Grab

0.24

32.60

0.01

6.38

0.02

1.96

D751426

2025

Grab

1.91

1.49

0.00

0.00

0.01

1.94

D751352

2025

Chip

0.22

41.10

1.34

0.01

0.07

1.91

D751422

2025

Grab

0.01

41.14

1.55

0.01

0.02

1.86

M217853

2025

Channel

1.75

2.88

0.00

0.02

0.06

1.81

M217665

2025

Channel

0.80

43.76

0.53

0.00

0.01

1.80

M224912

2025

Grab

1.00

64.20

0.00

0.01

0.00

1.78

D751194

2024

Grab

0.44

130.00

0.01

0.08

0.09

1.74

D750725

2025

Grab

0.00

62.49

0.07

4.77

0.60

1.71

M224903

2025

Grab

0.47

39.05

0.86

0.01

0.01

1.70

M217721

2025

Channel

0.03

53.49

0.88

0.46

0.76

1.70

M220604

2025

Grab

0.50

29.35

0.89

0.30

0.03

1.69

D751429

2025

Grab

0.06

73.61

0.02

2.36

1.37

1.67

M224901

2025

Grab

1.46

12.66

0.02

0.22

0.01

1.66

D750197

2024

Grab

0.10

95.80

0.02

1.43

0.53

1.66

D750195

2024

Grab

0.33

15.30

0.07

2.21

1.77

1.60

D750083

2024

Channel

0.81

32.70

0.01

1.63

0.12

1.57

M217565

2025

Channel

0.47

12.27

0.61

0.04

1.67

1.56

M217724

2025

Channel

1.50

2.88

0.01

0.06

0.01

1.55

D750616

2025

Grab

0.11

64.83

0.52

0.35

0.56

1.54

D751251

2024

Grab

1.27

11.10

0.11

0.02

0.02

1.53

M217636

2025

Channel

1.33

12.99

0.01

0.07

0.01

1.52

D750552

2024

Channel

0.02

33.00

0.24

0.04

2.82

1.51

D751948

2024

Grab

0.11

53.10

0.01

3.48

0.07

1.49

D751993

2024

Grab

1.20

11.90

0.03

0.35

0.17

1.48

M224885

2025

Grab

0.48

14.86

0.90

0.00

0.01

1.45

D751116

2024

Grab

1.27

13.20

0.00

0.01

0.01

1.44

D750553

2024

Channel

0.02

25.10

0.22

0.06

2.82

1.42

D751115

2024

Grab

0.05

45.10

0.02

0.95

2.03

1.40

D751397

2025

Grab

0.01

26.13

0.65

0.05

2.10

1.40

M224914

2025

Grab

0.02

49.81

0.32

1.61

0.85

1.36

D750607

2024

Grab

0.68

43.40

0.00

0.75

0.03

1.36

D751941

2024

Grab

0.35

26.00

0.06

0.64

1.54

1.34

D750095

2024

Channel

0.06

52.40

0.07

1.56

0.93

1.32

D750093

2024

Channel

0.02

43.70

0.15

0.65

1.65

1.31

D751159

2024

Grab

0.54

29.00

0.03

1.93

0.03

1.31

M217707

2025

Channel

0.03

35.15

0.46

1.41

0.94

1.30

M217591

2025

Channel

1.17

3.78

0.06

0.04

0.03

1.28

D751599

2024

Float

0.05

67.20

0.02

1.54

0.23

1.27

M217625

2025

Channel

0.35

20.84

0.55

0.02

0.61

1.22

M217673

2025

Channel

0.07

48.23

0.03

1.41

1.35

1.22

M217626

2025

Channel

0.84

17.58

0.18

0.00

0.02

1.22

M224854

2025

Grab

0.95

20.56

0.05

0.91

0.24

1.21

D750706

2025

Float

0.03

86.21

0.09

0.10

0.05

1.18

D750091

2024

Channel

0.02

56.00

0.13

0.07

1.40

1.18

D751193

2024

Grab

0.44

20.60

0.48

0.01

0.01

1.17

D750087

2024

Channel

0.14

37.00

0.00

1.49

0.91

1.15

D751945

2024

Grab

0.02

27.30

0.08

1.53

1.17

1.13

M217704

2025

Channel

1.07

1.61

0.02

0.01

0.02

1.11

M224856

2025

Grab

0.01

18.03

0.66

0.02

1.22

1.10

D750727

2025

Grab

0.00

28.20

0.83

0.00

0.02

1.07

D751835

2024

Chip

0.12

25.20

0.05

1.76

0.75

1.05

M224919

2025

Grab

0.86

8.94

0.03

0.17

0.01

1.03

M217602

2025

Channel

0.55

25.19

0.16

0.03

0.05

1.02

The Big One property is situated in a region that is well known for hosting Tier 1 precious metal and porphyry deposits, several of which occur near the property including the multiple porphyry systems at Galore Creek (12,159 million pounds of copper, 9.438 million ounces of gold, 174.086 million ounces of silver), the world’s largest known gold reserve at KSM (47.3 million ounces of gold, 160 million ounces of silver, 7.32 billion pounds of copper) and the polymetallic copper project at Shaft Creek (5 billion pounds of copper, 3.7 million ounces of gold, 16.4 million ounces of silver), as well as the Brucejack high-grade epithermal gold deposit (14 million ounces of gold, 91.8 million ounces of silver), and the structurally controlled high-grade hydrothermal gold-silver zones at Trophy and Sphal Creek. The property geology is favorable to host these types of deposits as confirmed by the presence of extensive areas of propylitic alteration, untested geophysical anomalies, strong silt, soil and rock geochemistry including path finder elements directly related to porphyry systems, key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been discovered within the Big One claims.

The Big One property can be accessed year-round via helicopter from the Glenora/Telegraph Creek Road at the Barrington Mine (33 km to the north-northeast) as well as the Galore Creek Road (15 km to the southeast). The Canadian government committed $20 M to extend/improve the Galore Creek Road to within 15 km of the Big One property. The property is 2 km west of the Scud River airstrip used in the early days of Galore Creek.

The Big One property exploration qualifies for the Critical Mineral Exploration Tax Credit (CMETC).

The Company would like to extend a special thanks to the Tahltan First Nation, the local community, and service providers for supporting our efforts and contributing to the success of this year’s program. We look forward to continuing to work with the Tahltan First Nation and all local stakeholders and businesses while we move forward to unlocking the full potential of this amazing new discovery. WORKING TOGETHER WE SUCCEED!

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

For more information, please contact:

Juggernaut Exploration Ltd.

Dan Stuart

President and Chief Executive Officer

Tel: (604)-559-8028

www.juggernautexploration.com

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Qualified Person

Rein Turna, P. Geo, is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

Other

The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.

All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS-230 methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx’ denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.

FORWARD LOOKING STATEMENT

Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN it.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) completed the first tranche of its non-brokered private placement (the ‘Offering’) on October 24, 2025. In connection with closing of the first tranche, the Company issued 14,000,334 units (each, a ‘Unit’) at a price of $0.15 per Unit for gross proceeds of $2,100,050. Each Unit consists of one common share of the Company (each, a ‘Share’) and one-half-of-one share purchase warrant (each whole warrant, an ‘Warrant’). Each Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.20 until October 24, 2027, subject to accelerated expiry in the event the closing price of the Shares is $0.50 or higher for ten consecutive trading days.

A portion of the Units issued under the first tranche the Offering, representing $2,000,000 are held pursuant to a sharing agreement entered into with an institutional investor, Sorbie Bornholm LP (‘Sorbie‘) and the Company (the ‘Sharing Agreement‘). Funds deposited under the Sharing Agreement are secured in escrow with a third-party. The Sharing Agreement provides that the Company’s economic interest will be determined in twenty-four monthly settlement tranches as measured against the Benchmark Price (as defined herein). Unless subject to adjustment, each monthly settlement tranche will total $79,792.

If, at the time of settlement, the Settlement Price (determined monthly based on a volume-weighted average price for twenty trading days prior to the settlement date) (the ‘Settlement Price‘) exceeds the benchmark price of $0.1949 (the ‘Benchmark Price‘), the Company shall receive more than one-hundred percent of the monthly settlement due, on a pro-rata basis. There is no upper limit placed on the additional proceeds receivable by the Company as part of the monthly settlements. If, at the time of settlement, the Settlement Price is below the Benchmark Price of $0.1949, the Company will receive less than one-hundred percent of the monthly settlement due on a pro-rata basis. In no event will a decline in the Settlement Price of the Units result in an increase or decrease in the number of Units being issued to Sorbie, but it could result in the Company receiving less than the full amount of the subscription received from Sorbie or in the Company receiving a nominal amount for a particular month.

As an example, the following are the monthly settlement amounts the Company would receive based on varying Settlement Prices:

Settlement Price Monthly Settlement Amount
$0.2449 $100,262
$0.1949 (Benchmark Price) $79,792
$0.1449 $59,322

 

For further information concerning the Offering, readers are encouraged to review the news release issued by the Company on October 27, 2025.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273791

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