Multiple Rock Samples Returned Grades Exceeding 1,000 g/t Silver

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) (‘Silver47’ or the ‘Company’) is pleased to report results from a property-wide soil geochemical survey and rock sampling program from its wholly owned Adams Plateau Project located in south-central British Columbia.

Highlights:

• Extensive Coverage: Over 5,000 soil samples were collected over an approximate 35 km² area with a focus on infilling and expanding the historical soil grids. Over 90 rock samples were also collected expanding surface mineralization.

• High Grades Present: Multiple rock samples returned grades exceeding 1,000 g/t Ag (see table 1). Highlights Include:

  • 3,156 g/t silver equivalent* (2,310 g/t Ag, 1.7% Zn and 20.0% Pb**)

  • 2,154 g/t silver equivalent* (1,230 g/t Ag, 5.4% Zn and 20.0% Pb**)

  • 2,109 g/t silver equivalent* (835 g/t Ag, 13% Zn and 20.0% Pb**)

• Anomalies locally extend zones with strong historic drilling results:

  • 4.8 m at 1,393 g/t silver equivalent* (348 g/t Ag, 0.72 g/t Au, 8.5% Zn, 18.8% Pb) in hole DH76-1¹.

  • 3.66 m at 468 g/t silver equivalent* (180 g/t Ag, 2.4% Zn, 5.7% Pb) in hole DH81-1².

• Robust Anomalies: Numerous multi-element soil anomalies are defined and represent high-priority targets for further work including drill testing (see figure 1).

• Unlocking New Search Space: Both the soil geochemical survey and rock sampling program are initial steps in pinpointing drill targets and unlocking a multi-km search space.

• Red Mountain Assays Pending: Assays remain pending for 8 holes from the summer drill program at the Red Mountain Project, Alaska.

*Notes: g/t=grams per tonne; AgEq=silver equivalent; ZnEq=zinc equivalent; m=metres; Ag=silver; ‎Au=gold; Cu=copper; Zn=zinc; Pb=lead; 1ppm=1 g/t. Equivalencies are calculated using ratios with metal prices of US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag and metal recoveries are based on metallurgical work returned of 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. Silver Equivalent (AgEq g/t) = [Zn (%) x 47.81] + [Pb (%) x 30.43] + [Cu (%) x 119] + [Ag (g/t) x 1] + [Au (g/t) x 91.93

**20.0% is the upper limit for Pb using method OG62. Further overlimit testing was not completed on samples >20.0% Pb

Galen McNamara, CEO, stated: ‘Our work on the Adams Plateau Project represents an important step towards defining drill targets and realizing the full potential of this road-accessible project. The extensive surface mineralization on the Project is very encouraging and underscores the prospectivity of the Eagle Bay assemblage. Concurrently, the Company is looking forward to announcing its plans for a winter drill program at the Mogollon Project which will be guided by a set of precisely planned drill holes along the Queen Vein.’

Executive Chairman, Gary R. Thompson, stated: ‘We are excited to have firmed up the widespread polymetallic mineralization at the Adams Plateau Project with great new results. Silver47 has a busy fall- winter planned with assays pending for 8 holes from the summer drill program at the Red Mountain VMS Project, Alaska and fall-winter drilling ramp-up on the Mogollon Silver-Gold Project, New Mexico.’

Figure 1. Plan Map of Adams Plateau Project

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Table 1. Sampling result highlights

*Notes: g/t=grams per tonne; AgEq=silver equivalent; ZnEq=zinc equivalent; m=metres; Ag=silver; ‎Au=gold; Cu=copper; Zn=zinc; Pb=lead; 1ppm=1 g/t. Equivalencies are calculated using ratios with metal prices of US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag and metal recoveries are based on metallurgical work returned of 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. Silver Equivalent (AgEq g/t) = [Zn (%) x 47.81] + [Pb (%) x 30.43] + [Cu (%) x 119] + [Ag (g/t) x 1] + [Au (g/t) x 91.93]

Adams Plateau Project

The road accessible Adams Plateau Project is located approximately 100 km north-east of Kamloops, British Columbia. Sediment-hosted polymetallic massive sulfide mineralization (silver, copper, gold, zinc and lead) at Adams Plateau is hosted within the prospective Eagle Bay assemblage. The project has excellent infrastructure including extensive road network from past logging activity, power and rail-lines and services are nearby.

Work in 2025 comprised project-wide soil and rock geochemical surveys (Figure 1). Grid-based soil sampling (5,002 samples) was designed to infill and expand on previous surveys aimed at covering the entirety of the prospective Eagle Bay assemblage across the project. Prospecting and rock sampling (83 samples) was also completed near previously reported high-grade soil and rock anomalies.

Results and highlights from 2025 rock sampling program include:

• Lucky-Elsie: High-grade mineralization at the Lucky-Elsie area is characterized by a northeast-southwest trending 1.5 km zone of massive to semi-massive sulfide lenses, following the main foliation, which dips to the northwest. Grab samples from the trend returned up to 2,310 g/t Ag with 20.0% Pb and 1.7% Zn (J039530) and 1,230 g/t Ag with 20.0% Pb and 5.4% Zn (J039524, Figure 2 and Table 1).

• Spar-Ex: High-grade mineralization at the Spar-Ex area is hosted in siliceous and graphitic phyllites of the Eagle Bay Assemblage with sulfides consisting of pyrite, galena, sphalerite, and chalcopyrite. Semi-massive lenses are localized along folds and are locally thickened to approximately 3 m along a strike length of at least 365 meters. Grab samples from the area returned up to 344 g/t Ag with 11.4% Pb and 9.0% Zn (J039509) and 150 g/t Ag with 8.9% Pb and 2.7% Zn (J039758, Figure 2 and Table 1).

Results and highlights from the 2025 soil geochemical survey include:

• Wad-Second (North): Approximately 2 km north of the WAD-Second showing, a northeast trending Pb-Zn-Cu soil anomaly was defined and underlain by the prospective Johnson Lake Unit of the Eagle Bay assemblage. The 500 m by 1,000 m multi-element anomaly is located on the western limb of the property-scale antiform.

• Wad-Second (East): A second, northeast-southwest trending, approximately 1 km long, Ag-Pb-Zn soil anomaly was defined approximately 1 km east of WAD-Second showing. This soil anomaly is underlain by metamorphic rocks of the Eagle Bay assemblage.

• Mosquito King East: A significant coincident Cu-Pb-Zn soil anomaly was outlined 1 km east of the Mosquito King occurrence, trending approximately north-south. The anomaly is underlain by sedimentary rocks of the Eagle Bay assemblage.

• King Tut East: A significant Pb-Zn soil anomaly with a lesser Ag-Cu anomaly was defined 1 km east of the King Tut occurrence on the contact of sedimentary rocks of the Eagle Bay assemblage and a quartz-feldspar porphyry intrusion. The anomalous zone near the hinge of a significant property-scale, north-south trending antiform.

• Spar: A northeast-southwest trending Ag-Pb-Zn-Cu soil anomaly, approximately 1 km SW of the Spar occurrence was defined. The anomaly is underlain by prospective rocks of the Eagle Bay assemblage. The orthogonal orientation of the anomaly with respect to the underlying stratigraphy suggest a structural control on mineralization rather than stratabound.

Next Steps

These new rock and soil geochemical results together with the extensive historical geochemical database will be used to refine high-priority drill targets. The recently granted 5-year multi-year area-based (‘MYAB’) exploration permit provides the Company authorization to drill test many of the targets across the project area.

Quality Assurance & Quality Control

Rock and soil samples were bagged onsite and delivered to ALS Minerals Laboratories in Kamloops, British Columbia. ALS Kamloops / North Vancouver is certified with ISO/IEC 17025:2017 and ISO 9001:2015 accreditation from the Standards Council of Canada.

Rock samples were prepared (CRU-31, SPL-31 and PUL-31) and then analysed for 48 elements by ICP-MS on a 0.25-gram aliquot using a four-acid digestion (method ME-MS61). Gold was analyzed by fire assay on a 30-gram aliquot with an AA finish (Au-AA23). Overlimit samples (e.g. Ag, Cu, Pb & Zn) were re-analyzed using an ore-grade, four-acid digestion and ICP-AES finish (method ME-OG62).

Soil samples were field dried in a temperature-controlled field tent in camp before being shipped to the ALS lab. The samples were then screened to -180 microns (SCR-41) analysed using an aqua regia digestion followed by an ICP-MS finish (method ME-MS41). Gold was analyzed on a 25-gram aliquot with an ICP-MS finish (Au-ST43).

Technical Disclosure

The technical content of this news release has been reviewed and approved by Galen McNamara, P. Geo., the CEO of the Company and a qualified person as defined by National Instrument 43-101.

The historical drill results reported herein are from work conducted by previous operators. The Company has not verified the historical data and such data should not be relied upon.

References

¹ Diamond Drilling Report on the Spar Group 1, Kamloops Mining Division, Gutrath, Gordon Charles, 1976.
² Geology of the Adams Plateau Property, Kamloops Mining Division, Dickie, G., 1983.

About Silver47 Exploration

Silver47 Exploration Corp is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the resource estimates, assumptions, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR at www.sedarplus.ca. The Company trades on the TSXV under the ticker symbol AGA and OTCQB under the ticker symbol AAGAF.

For more information about the Company, please visit www.silver47.ca and see the Technical Report filed on SEDAR+ (www.sedarplus.ca) and titled ‘Technical Report on the Red Mountain VMS Property Bonnifield Mining District, Alaska, USA with an effective date January 12, 2024, and prepared by APEX Geoscience Ltd.’

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No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This news release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities legislation. All statements in this release, other than statements of historical fact, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘may’, ‘will’, ‘expect’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘target’, ‘plan’, ‘potential’, ‘could’ or similar terminology. Forward-looking statements in this release include, without limitation: statements regarding the interpretation of geochemical and rock sampling results; the potential for the defined soil and rock anomalies to represent drill targets; the Company’s plans to refine, prioritize and potentially drill test such targets; the Company’s current expectations regarding the timing, scope and execution of future exploration work, including any drill programs under the MYAB permit; expectations regarding the receipt and disclosure of pending Red Mountain drill assays; and the belief that the Adams Plateau Project and other Company projects may host mineralization of interest.

Forward-looking statements are based on management’s current beliefs, expectations and assumptions, including, without limitation: that historical information is reliable; that future exploration activities will proceed as currently anticipated; that permits, equipment, personnel and contractors will be available on commercially reasonable terms; and that current commodity prices, labour availability, cost and regulatory frameworks will remain consistent with management’s expectations. Although management considers these assumptions to be reasonable based on currently available information, they may prove to be incorrect.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation: the risk that historical data may prove to be inaccurate or unverifiable; that exploration results may not support further work or drilling; that exploration activities may be delayed, restricted or not carried out as planned; that permits may be delayed or revoked; operational, technical and geological risks inherent in mineral exploration; changes in commodity prices, capital markets, economic conditions, regulatory developments and stakeholder relations; and the other risks set out in the Company’s public disclosure record under its profile on www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any obligation to update or revise forward-looking statements except as required by applicable securities laws. No forward-looking statement can be guaranteed and actual future results may differ materially.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272263

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) announced today that it will be participating in the 51st Annual New Orleans Investment Conference at the Hilton New Orleans Riverside November 2 – 5, 2025. Bart Jaworski, CEO, will be presenting on Monday, November 3rd, and is looking forward to networking with investors during the Conference.

The New Orleans Investment Conference gathers some of the world’s brightest and most successful analysts, newsletter writers and investors. This year’s event will highlight all major asset classes, including zinc, silver and copper exploration.

About Group Eleven Resources Corp.

Group Eleven is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony.

About The New Orleans Investment Conference

The New Orleans Investment Conference is the one place where the world’s most sophisticated investors gather every year to discover new opportunities and strategies, exchange ideas, plan for the coming year and enjoy the camaraderie of like-minded individuals in America’s most fascinating and entertaining city.

Headliners at the New Orleans Conference over the last 50 years have included Lady Margaret Thatcher, former President Gerald Ford, novelist Ayn Rand, General H. Norman Schwarzkopf, Nobel Prize-winning economists Milton Friedman and F.A. Hayek, Dr. Henry Kissinger, Senator Barry Goldwater, Admiral Hyman Rickover, Louis Rukeyser, Sir John Templeton, Lord William Rees-Mogg, Charlton Heston, Jeane Kirkpatrick, Robert Bleiberg, Jack Kemp, William F. Buckley, General Colin Powell, Ron Paul and J. Peter Grace, among hundreds of other notables.

This year’s speakers line-up includes the likes of Matt Taibbi…Rick Rule…Mary Katharine Ham…Danielle DiMartino Booth…Brent Johnson…George Gammon…Peter St. Onge…Viva Frei…Robert Kiyosaki…Peter Boockvar…Jim Bianco…Jim Iuorio…Adam Taggart…Peter Schiff…Adrian Day…Mike Maloney…Alex Green…Dave Collum…Robert Prechter…Robert Helms…Russ Gray…

PLUS Mark Skousen…Lawrence Lepard…Jordan Roy-Byrne…Dan Oliver…Jeff Phillips…Lobo Tiggre…Tavi Costa…Nick Hodge…Chris Powell…Dana Samuelson…Jennifer Shaigec…Rich Checkan…Thom Calandra…Mary Anne & Pamela Aden…Omar Ayales…Bill Murphy…Gerardo Del Real…Steve Hochberg…Albert Lu…Lindsay Hall…Kerry Stevenson… and more, including Brien Lundin, host of this illustrious event.

Don’t miss out. Register for the 51st Annual New Orleans Investment Conference by clicking here.

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.

Osisko Metals CEO Robert Wares commented: ‘These latest results continue to confirm and expand our resource model with several long continuous intersections of copper and molybdenum mineralization in the core of the deposit. The new drilling keeps deepening the deposit and again confirms its southern extension with holes 30-1119 and 30-1124. We are excited about the growth of our project, especially within the context of a fundamental rising metal market where copper spot price is rapidly approaching US$5/lb, silver is at US$47/oz and molybdenum is holding steady at over US$30/lb.’

New analytical results are presented below (see Table 1), including 33 mineralized intercepts from nine 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 30-1107
  • 592.0 metres averaging 0.33% Cu (0.46 CuEq) (infill and expansion)
• Drill hole 30-1112
  • 868.5 metres averaging 0.23% Cu (0.30 CuEq) (infill and expansion)
• Drill hole 30-1114
  • 142.1 metres averaging 0.39% Cu (0.47 CuEq) (expansion)
• Drill hole 30-1116
  • 565.5 metres averaging 0.22% Cu (0.29 CuEq) (infill and expansion)
• Drill hole 30-1119
  • 46.4 metres averaging 1.10% Cu (1.25 CuEq) (expansion)
• Drill hole 30-1122
  • 760.5 metres averaging 0.24% Cu (0.30 CuEq) (infill and expansion)
• Drill hole 30-1124
  • 200.5 metres averaging 0.32% Cu (0.37 CuEq) (expansion)
  • 203.2 metres averaging 0.37% Cu (0.39 CuEq) (expansion)

Table 1: Infill and Expansion Drilling Results

* 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 30-1107, located on top of Copper Mountain near the center of the 2024 MRE model, cut three mineralized intervals including 592.0 metres averaging 0.33 % Cu, 1.68 g/t Ag and 0.032% Mo (which includes 336.6 metres of depth expansion), extending mineralization in this area to a vertical depth of 1003 metres.

Drill hole 30-1112, located on the western flank of Copper Mountain, cut two mineralized intervals including 868.5 metres averaging 0.23 % Cu, 1.45 g/t Ag and 0.019% Mo (which includes 417.0 metres of depth expansion), extending mineralization in this area to a vertical depth of 1119 metres.

Drill hole 30-1113, located on the western margin of the 2024 MRE model, cut multiple intersections of mineralization, 26 to 42 metres thick and distributed in ‘layer cake’ fashion from surface to a vertical depth of 769 metres, confirming the current limit of the 2024 MRE model at this location.

Drill hole 30-1114, located near the eastern margin of the 2024 MRE model, cut multiple intersections of mineralization distributed in ‘layer cake’ fashion from surface to a vertical depth of 950 metres, including 142.1 metres averaging 0.39 % Cu, 1.50 g/t Ag and 0.019% Mo (expansion).

Drill hole 30-1116, located on top of Copper Mountain near the center of the 2024 MRE model, cut six mineralized intervals including 565.5 metres averaging 0.22 % Cu, 1.86 g/t Ag and 0.017% Mo (which includes 96.3 metres of depth expansion), extending mineralization in this area to a vertical depth of 1110 metres.

Drill holes 30-1119 and 30-1124, both located immediately south of the southern margin of the 2024 MRE model, cut multiple intersections of mineralization, including 46.4 metres averaging 1.10 % Cu, 5.08 g/t Ag and 0.032% Mo near and including the E Zone skarn horizon (30-1119) and 203.2 metres averaging 0.37% Cu and 2.81 g/t Ag (30-1124). These intersections extend mineralization to a vertical depth of 619 metres within the southern expansion of the deposit, which remains open towards Needle Mountain East.

Drill hole 30-1121, located 50 metres east of the 2024 MRE model, did not intersect significant mineralization as expected, once again confirming the current eastern limit of the resource model.

Drill hole 30-1122, located on the western flank of Copper Mountain, intersected three mineralized intervals, including 760.5 metres averaging 0.24% Cu, 1.71 g/t Ag and 0.015% Mo (which includes 456.1 metres of depth expansion), extending mineralization in this area to a vertical depth of 1137 metres.

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.

All 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

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 20 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.

Photos accompanying this announcement are available at:

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(TheNewswire)

Brossard, Quebec TheNewswire – October 28, 2025 CHARBONE CORPORATION (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (‘ CHARBONE ‘ or the ‘ Company ‘), a North American producer and distributor specializing in clean Ultra High Purity (‘ UHP ‘) hydrogen and strategic industrial gases, is pleased to announce that civil construction work officially began yesterday, October 27, 2025, at the Sorel-Tracy site in accordance with the timeline presented in the Company’s October 22 press release.

This milestone marks the concrete launch of the construction phase for CHARBONE’s first clean UHP hydrogen production module in Quebec. The work involves the complete preparation of technical infrastructure and the installation of foundations required for the reassembly of the main equipment, the delivery of which was successfully completed earlier this month.

‘ We are extremely proud to see the project progressing exactly according to plan, thanks to the outstanding commitment of our teams and partners ,’ said Dave B. Gagnon, CEO of CHARBONE . ‘ The start of civil construction work brings our vision of local, decarbonized clean UHP hydrogen production in Quebec to life. Each milestone achieved brings us closer to commissioning in November and to the broader deployment of our modular model .’

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About CHARBONE CORPORATION

CHARBONE is an integrated company specializing in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific. Through a modular approach, the Company is building a distributed network of green hydrogen production plants while diversifying revenues via helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility, and positions CHARBONE as a leader in the transition to a low-carbon future. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF) , the OTC Markets (OTCQB: CHHYF) , and the Frankfurt Stock Exchange (FSE: K47) . Visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

Neither 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 .

Copyright (c) 2025 TheNewswire – All rights reserved.

(TheNewswire)

Brossard, Quebec TheNewswire – le 28 octobre 2025 CORPORATION CHARBONE (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« CHARBONE » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l’hydrogène propre Ultra Haute Pureté (« UHP ») et les gaz industriels stratégiques, a le plaisir d’annoncer que les travaux de construction civil ont officiellement débuté hier, le 27 octobre 2025 sur le site de Sorel-Tracy, conformément à l’échéancier présenté dans le communiqué du 22 octobre dernier .

Ce jalon marque le lancement concret de la phase de construction du premier module de production d’hydrogène propre UHP de CHARBONE au Québec. Les travaux visent la préparation complète des infrastructures techniques et la mise en place des fondations nécessaires à la réinstallation des équipements principaux, dont la livraison avait été complétée avec succès plus tôt ce mois-ci.

« Nous sommes très fiers de voir le projet progresser exactement selon le plan établi , grâce à l’engagement exceptionnel de nos équipes et de nos partenaires , » a déclaré Dave B. Gagnon, PDG de CHARBONE . « Le début des travaux civils concrétise notre vision d’une production locale et décarbonée d’hydrogène propre UHP au Québec. Chaque étape franchie nous rapproche de la mise en service prévue en novembre et du déploiement de notre modèle modulaire . »

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À propos de CORPORATION CHARBONE

CHARBONE est une entreprise intégrée spécialisée dans l’hydrogène propre Ultra Haute Pureté (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF) ; sur les marchés OTC (OTCQB: CHHYF) ; et à la Bourse de Francfort (FSE: K47) . Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone :

Copyright (c) 2025 TheNewswire – All rights reserved.

International Lithium Corp. (TSXV: ILC,OTC:ILHMF) (OTCQB: ILHMF) (FSE: IAH) (the ‘Company’ or ‘ILC’) is pleased to announce, further to its announcement on September 09, 2025, that on October 24, 2025 Lepidico met all the drawdown conditions for completion of its secured loan from ILC and that this has now been increased to the full amount of CAD$ 510,000. Of this loan amount CAD$420,000 earns interest at the rate of 10% p.a.

There were various conditions for the drawdown of the remaining loan, including a key condition now met that, by full drawdown, there would be no debt owed by Lepidico Mauritius or its subsidiaries to its ultimate Australian parent, Lepidico Ltd., which is in liquidation.

ILC now holds without any conditions an option from Lepidico (Canada) Inc. (‘Lepidico Canada’) to buy 100% of the shares of Lepidico (Mauritius) Ltd. (‘Lepidico Mauritius’) on a debt-free basis for consideration of CAD$975,000 plus certain payments in the future that are contingent on and linked to various possible receipts by Lepidico Canada. Lepidico Mauritius in turn owns 80% of Lepidico Chemicals Namibia (Pty) Ltd. (‘Lepidico Namibia’), which owns the Karibib Lithium, Rubidium and Cesium project in Namibia. The actual net amount payable by ILC on option exercise will be the difference between CAD$975,000 payable by ILC for the option exercise and the repayment to ILC of loan principal of CAD$510,000 plus interest accrued to the date of option exercise. The option has been granted until the later of November 30, 2025, and 30 days after the arbitration outcome is known (see below).

It is important to reiterate that there is a possibility that the option may not be exercised, especially if Lepidico Namibia encounters an adverse outcome in an arbitration dispute with the Chinese company Jiangxi Jinhui Lithium Co. Ltd., which involves claims and counterclaims. This arbitration in Singapore is now expected to conclude at any time from now until the end of 2025. Conversely, if the arbitration is resolved positively, ILC and Lepidico Canada have agreed that 30% of the net proceeds after legal and other costs will be retained by the part of the Lepidico group that ILC would be acquiring, with the remaining 70% paid to Lepidico Canada. The deal structure reflects ILC’s reluctance to assume the risk of a negative arbitration award arising from events that occurred seven years ago.

Assuming the transaction goes ahead with ILC exercising its option, the Company would leapfrog, by several years, the development stage of other projects it is interested in, including those in Zimbabwe and:

• have one of the largest rubidium resources in Africa and (per our own research and also using Grok) the largest disclosed rubidium resource in Africa, as well as one of the most extensive rubidium resources in North America through ILC’s existing Raleigh Lake project in Ontario;

• be well-positioned for an upswing in the lithium market; and

• strengthen its stance as one of the leading global players in the rubidium market and a company with some of the most significant cesium interests of any non-Chinese company.

Lepidico’s ownership of Karibib resulted from its 2019 acquisition of TSXV-listed Desert Lion Energy in exchange for shares and other securities valued at that time at AUD$ 22.9 million (approximately CAD$20.7 million). Since acquiring the company in 2019, Lepidico has invested a further AUD$ 12.1 million (approximately CAD$ 10.9 million) in the Karibib project, excluding central group overheads, with a significant portion directed towards drilling, an environmental study and subsequently a Definitive Feasibility Study and a further Resource Estimate both under JORC standards.

The Karibib Project comprises two areas near Karibib, Namibia, with fully permitted mining licences known as Rubicon and Helikon (also in various reports spelled Helicon), along with an Exclusive Prospecting Licence EPL5439 for an adjacent area. Fuller details are as set out in our news release of September 9, 2025.

It is believed, based on published data, that as well as its significant lithium resource, the Karibib project contains the largest (or one of the two largest) rubidium resources of any project in Africa (the others being in Zimbabwe and Zambia). At the same time, the amount of cesium is smaller but nevertheless equal to about one year of global demand. For cesium Sinomine has historically been the largest producer in Africa, and has recently restarted cesium production at its Bikita project in Zimbabwe by extracting pollucite from petalite tailings. Sinomine is also known to have rubidium from the lepidolite at Bikita, but we are not aware of any resource estimate.

If the option is exercised, ILC would, subject to confirming the resource as its own resource (and not a historical resource as it is presently treating it) have the largest known or at least the largest disclosed rubidium resource in Africa. The Company also has extensive rubidium resources in North America through its Raleigh Lake project in Ontario. Please refer to the Company’s ‘The Raleigh Lake Project – NI 43-101 Technical Report PEA’ dated January 18, 2024 by ERM Consultants Canada Ltd. and the seven named QPs in the report.

John Wisbey, Chairman of ILC, stated: ‘This potential acquisition marks a significant advancement for ILC globally – particularly in Southern Africa. With this single transaction for a project that reached the Definitive Feasibility Study stage under JORC in 2020 and was upgraded in 2022, the Company would leapfrog, by several years, the development stage of other projects we are interested in, including those in Zimbabwe.’

‘Assuming the transaction goes ahead with ILC exercising its option, ILC will be well-positioned for an upswing in the lithium market, as well as strengthening its stance as one of the leading global players in the rubidium market and a company with some of the most significant cesium interests of any non-Chinese company.’

About International Lithium Corp.

International Lithium Corp. is a Critical Minerals exploration company with exploration activities in Ontario, Canada, with intentions to expand into Southern Africa. It has projects at various stages, ranging from Definitive Feasibility Study at Rubicon in Namibia (note that ILC currently has an option only and is treating this as historic information at this point and not a current resource for ILC) to Preliminary Economic Assessment at Raleigh Lake (as noted above) to Pre-Drilling at Wolf Ridge. The primary target metals in Canada are lithium, rubidium and copper. There are three projects (two in Ontario and one in Ireland) in which ILC has sold its share but where we stand to receive future payments from either a resource milestone being achieved or from a Net Smelter Royalty. In Namibia the Karibib project contains lithium, rubidium and cesium.

While the world’s politicians are currently divided on the future of the energy market’s historic dependence on oil and gas and on ‘Net Zero’, there is in any scenario an ever increasing and significant demand for electricity driven by AI and data centres, and by a likely unstoppable momentum towards electric vehicles and grid-scale electricity storage. All these contribute to rising demand for lithium and copper as well as other metals. Rubidium is also a valuable critical metal that is strategic for high-precision clocks and for space technology. We have seen the politically driven and increasingly urgent wish by the USA, Canada, EU and other major economies to safeguard their supplies of critical metals and to become more self-sufficient. Our Canadian and Southern African projects, which contain lithium, rubidium, cesium and copper, are strategic in that respect.

Our key mission for the next decade is to generate revenue for our shareholders from lithium and other battery metals, as well as rare metals, while also contributing to the creation of a greener, cleaner planet and less polluted cities.

This includes optimizing the value of our existing projects in Canada as well as finding, exploring and developing projects that have the potential to become world-class deposits. We have announced that we regard Southern Africa as a key strategic target market for ILC and, in addition to Namibia, we have applied for and hope to receive EPOs in Zimbabwe. We hope to make further announcements on the portfolio developments over the next few weeks and months.

The Company’s interests in various projects now consist of the following, and in addition, the Company continues to seek other opportunities:

The Company’s primary strategic focus at this point is on the Raleigh Lake Project, comprising lithium and rubidium, and the Firesteel copper project in Canada, as well as obtaining EPOs and mineral claims in Zimbabwe. The Karibib projects in Namibia, including further development on the EPL there, will become a high focus if ILC exercises its option there.

The Raleigh Lake Project now encompasses 32,900 hectares (329 square kilometres) of mineral claims in Ontario and represents ILC’s most significant project in Canada. To date, drilling has occurred on less than 1,000 hectares of our claims. A Preliminary Economic Assessment was published for ILC’s lithium at Raleigh Lake in December 2023, with a detailed economic analysis of ILC’s separate rubidium resource still pending. Raleigh Lake is 100% owned by ILC, free from any encumbrances and royalties. The Raleigh Lake Project boasts excellent access to roads, rail, and utilities.

A continuing goal has been to remain a well-funded company to turn our aspirations into reality. Following the disposal of the Mariana project in Argentina in 2021, the Mavis Lake project in Canada in 2022, and the Avalonia project in 2025, ILC continues to achieve sufficient inward cash flow to be able to make progress with its exploration projects.

With the increasing demand for high-tech rechargeable batteries used in electric vehicles, electrical storage, and portable electronics, lithium has been designated ‘the new oil’ and is a key part of a green energy, sustainable economy. By positioning itself with projects that have significant resource potential and solid strategic partners, ILC aims to be one of the preferred lithium and rare metals resource developers for investors and to continue building value for its shareholders for the rest of the 2020s, the decade of battery metals.

Neither 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.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the likelihood or otherwise of the Company exercising its option on Lepidico Mauritius, the outcome of arbitration involving Lepidico Namibia, the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Karibib or Raleigh Lake or Firesteel or Wolf Ridge projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company’s projects, the Company’s budgeted expenditures, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the Company’s third party earn-out or royalty arrangements, the future demand for lithium, rubidium, cesium and copper, and assumptions about ethical behaviour by our joint venture partners or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled ‘Risks’ and ‘Forward-Looking Statements’ in the interim and annual Management’s Discussion and Analysis which are available at www.sedarplus.ca. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272194