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TSX-V: WLR

Frankfurt: 6YL

Walker Lane Resources Ltd. (TSXV: WLR,OTC:CMCXF) (Frankfurt: 6YL) ‘Walker Lane’) is pleased to announce that Precision Geosurveys Inc. has been contracted to complete an airborne total magnetic field and radiometric survey on its Silver Mountain Project located in the prolific Walker Lane Gold Trend.

Precision Geosurveys Inc. of Reno, NV and Langley, BC will commence the airborne survey in the next few days following completion of ongoing surveys by Precision in the Tonopah area of west central Nevada. A total of 47 line-kilometers will be flown along lines spaced 100 meters apart, 30 meters above ground level. The results are anticipated to be useful in mapping the complex altered volcanic stratigraphy present on the property and to contribute information that will further pinpoint proposed drill targets on the property.

The Company has negotiated the right to pay 100% of the costs of this survey to Precision Geosurveys through an issuance of common shares of the Company. The terms of the agreement between the Company and Precision Geosurveys in this regard state that the deemed price of the securities to be issued will be (i) determined after the date survey services are provided; and (ii) that the maximum discount allowable and all conditions pertaining to the issue of common shares will be in accordance with TSX Policy 4.1. For reasons of maintaining competitive pricing by Precision Geosurveys to the Company, the estimated calculation of shares to be issued will not be presented. The Company has applied for TSX approval of this Transaction and it is not deemed material to the Company.

Mr. Kevin Brewer, P.Geo President and CEO of Walker Lane Resources Ltd. noted that ‘This survey is a part of our efforts to commence exploration operations as we prepare for future drilling on our assets in the prolific Walker Lane Area. Silver. As previously announced, an airborne survey is also being conducted at the same time on our Tule Canyon project and is expected to be completed in the very near term. We are very excited to be commencing exploration at the Tule Canyon project. Both of these properties have significant silver potential which has elevated significance with the recent listing of silver as a critical mineral.’

About the Silver Mountain Property

The Silver Mountain Property is centred at 37° 13’N 117° 28′ W, approximately 57 km southwest of Goldfield in Esmeralda County, Nevada. The property is road accessible and comprises of 8 claims on BLM land with no surface impairments.

While there are numerous exploration workings dating back to at least 1917 in the Silver Mountain Property area, there is little documentation of past exploration or mineralization in the public record.

The Silver Mountain Property is underlain by Sylvania Pluton granodiorite cut by inferred mesothermal or deep epithermal oxidized quartz veins. At the Gulch Showing, the veins form a single, steeply-dipping, north-striking system traced for about 400 m in workings. Grab samples from this zone have returned up to 3,270 g/t Ag. A chip of 0.6 m @ 1,415 g/t Ag and 0.48% Cu was sampled across the face of a drift in the Silver Bowl Mine, the most significant workings along the principal Gulch structure. On surface, chip sampling returned up to 0.4 m @ 1,245 g/t Ag from a vein exposed in a pit near the southern end of the principal structure. At the Old Cabin Showing, numerous, moderately west-dipping, planar extensional veins are exposed in workings along a small ridge. They cut the intrusive rocks over a vertical distance of more than 30 m, forming a stacked vein array. Grab samples from this zone have returned up to 394 g/t Ag.

A video presentation describing results to date at Silver Mountain is available on Silver Range’s website at www.silverrangeresources.com and further information is also available on the Company website at www.walkerlaneresources.com.

Qualified Person

Technical information in this news release has been approved by Kevin Brewer, P.Geo who relied on information provided to him by Silver Range Resources Ltd. and information in the public domain. Historical information cited in this news release was also obtained from Nevada Bureau of Mines and Geology district files and from historical publications. Investors should be cautioned that this information has not been independently verified by either the Qualified Person or the Company.

About Walker Lane Resources Ltd.

Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate an aggressive exploration program to advance the Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria Silver District, B.C.) projects through drilling programs with the aim of achieving resource definition in the near future.

On behalf of the Board:
‘Kevin Brewer’
Kevin Brewer, President, CEO and Director
Walker Lane Resources Ltd.

Cautionary and Forward Looking Statements

This press release and related figures, contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘anticipate’, ‘plans’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘should’, ‘believe’ ‘targeted’, ‘can’, ‘anticipates’, ‘intends’, ‘likely’, ‘should’, ‘could’ or grammatical variations thereof and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this presentation. These forward-looking statements include, but are not limited to, statements concerning: our strategy and priorities including certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule Canyon, Cambridge, Silver Mountain, and Shamrock Properties in Nevada (USA), and its properties including Silverknife and Amy properties in British Columbia, the Silver Hart, Blue Heaven and Logjam properties in Yukon all of which now comprise the mineral property assets of WLR. WLR has assumed other assets of CMC Metals Ltd. including common share holdings of North Bay Resources Inc. (OTC-US: NBRI) and all conditions and agreements pertaining to the sale of the Bishop mill gold processing facility and remain subject to the condition of the option of the Silverknife property with Coeur Mining Inc. (TSX:CDE). These forward-looking statements reflect the Company’s current beliefs and are based on information currently available to the Company and assumptions the Company believes are reasonable. The Company has made various assumptions, including, among others, that: the historical information related to the Company’s properties is reliable; the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore the Company’s properties; the Company will be able to raise any necessary additional capital on reasonable terms to execute its business plan; the Company’s current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; and budgeted costs and expenditures are and will continue to be accurate.

Actual results and developments may differ materially from results and developments discussed in the forward-looking statements as they are subject to a number of significant risks and uncertainties, including: public health threats; fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; other risk factors set out in this presentation; and other risk factors set out in the Company’s public disclosure documents. Although the Company has attempted to identify significant risks and uncertainties that could cause actual results to differ materially, there may be other risks that cause results not to be as anticipated, estimated or intended. Certain of these risks and uncertainties are beyond the Company’s control. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences or benefits to, or effect on, the Company.

The information contained in this presentation is derived from management of the Company and otherwise from publicly available information and does not purport to contain all of the information that an investor may desire to have in evaluating the Company. The information has not been independently verified, may prove to be imprecise, and is subject to material updating, revision and further amendment. While management is not aware of any misstatements regarding any industry data presented herein, no representation or warranty, express or implied, is made or given by or on behalf of the Company as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such information or opinions. The forward-looking statements and information in this presentation speak only as of the date of this presentation and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Although the Company believes that the expectations reflected in the forward-looking statements and information are reasonable, there can be no assurance that such expectations will prove to be correct. Because of the risks, uncertainties and assumptions contained herein, prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward-looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future. To the extent any forward-looking statement in this presentation constitutes ‘future-oriented financial information’ or ‘financial outlooks’ within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to the risks set out above. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses. The Company’s financial projections were not prepared with a view toward compliance with published guidelines of International Financial Reporting Standards and have not been examined, reviewed or compiled by the Company’s accountants or auditors. The Company’s financial projections represent management’s estimates as of the dates indicated thereon.

SOURCE Walker Lane Resources Ltd

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Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (the ‘Company’ or ‘Nine Mile’), is pleased to announce that the 1st drill hole in its Wedge Western Extension Drill Program (DDH-WD-25-01) has been completed to target depth and is in progress on its 2nd hole (DDH-WD-25-02).

  • WD-25-01 was collared along the southern flank of the Wedge Mine and drilled at an azimuth of 335 degrees with a dip of -50 degrees to target the 2 modeled plates in the western extension (Figure 2).
  • DDH WD-25-01 was successful, intersecting approximately 22.40 meters (true width) of massive copper bearing sulphides (VMS – Cu-Pb-Zn-Ag-Au), in the 1st Target Plate.
  • DDH WD-25-01 also intersected a 2nd sulphide zone in Target Plate 2, which is currently being geologically logged, measured, photographed and cut for sampling.
  • A total of 65 sample sections have been identified for base and precious metals analysis (including Antimony) by Actlabs, Fredericton, New Brunswick. The VMS sulphides were visible so our time consuming XRF analysis process was not performed on this large a section to expediate the samples to the labs for certified analysis, also keeping the crew from becoming backlogged in the drill program.
  • All drill core has been measured, logged, photographed, marked and cut for sampling at the company’s warehouse in Bathurst New Brunswick.
  • WD-25-02 was collared on the same drill pad and drilled at an azimuth of 310 degrees and a dip of -50 degrees to intersect the first plate approximately 40 meters further west to extend the mineralized zone along strike.
  • More details will follow when geological logging of the drill core has been completed.

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FIGURE 1: (Target Plate 1) – Massive Copper Bearing VMS Mineralization, WD-25-01

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FIGURE 2: Modeled Plates and Drill Holes WD-25-01 and WD-25-02

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FIGURE 3: Plan view of Target Plates and traces of Drill Holes WD-25-01 and WD-25-02.

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FIGURE 4: Massive Copper Bearing VMS Mineralization

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Gary Lohman, VP Exploration, Director stated, ‘We are very pleased with the VMS sulphide mineralization intersects from our first drill hole, WD-25-01. The mineralization was intersected where projected and throughout its width, it is massive and looks nondescript as seen in the images above, however, upon close examination, chalcopyrite (Cu) is seen as very fine disseminations within a matrix of pyrite. With the success of the first hole, the technical team, with the assistance of Apex Geoscience, decided to turn the drill west (WD-25-02) to intersect the VMS sulphide zone along strike and extend the mineralized footprint west. We look forward to building on this success and reporting the ongoing progress of this important Drill program at The Wedge Project.’

Patrick J. Cruickshank, MBA, CEO & Director, stated, ‘The team is working diligently and efficiently to process the core as quickly as possible including carrying out core orientation and markup, geological logging, photography, cutting and sampling, prior to submitting for assay. Our Team is doing a stellar job. We are happy to deliver this update and will provide an update on hole WD-25-02 as soon as possible. Apex Geoscience has been instrumental in their advisory and drill program design along with our entire our Technical Team. We are well on our way with this exciting Drill Program at the Western Extension of the Wedge. A more detailed update shortly once we interpret these 2 holes and make any adjustments or new targets to the program.’

About Nine Mile Metals Ltd.:

Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Wedge VMS Project, Nine Mile Brook VMS Project, California Lake VMS Project, and the Canoe Landing Lake (East – West) VMS Project. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

Social Media

X: @NineMileMetals
LinkedIn: Nine Mile Metals
Facebook: @ Nine Mile Metals

ON BEHALF OF Nine Mile Metals LTD.

‘Patrick J Cruickshank, MBA’
CEO and Director
T: +1.506-800-0581
E: patrick@ninemilemetals.com

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as ‘will,’ ‘may,’ ‘would,’ ‘expect,’ ‘intend,’ ‘plan,’ ‘seek,’ ‘anticipate,’ ‘believe,’ ‘estimate,’ ‘predict,’ ‘potential,’ ‘continue,’ ‘likely,’ ‘could’ and variations of these terms and similar expressions, or the negative of these terms or similar expressions. . Forward-looking statements in this press release include that (a) prior to commencing the 2023 exploration drill program, the ground will be mapped at surface and representative samples analyzed to determine the base and precious metal assay values , (b) the Ag and Au values will be reported upon receipt of the certified assay results from ALS Global, and (c) our current financial raise will enable us to drill the Wedge Project (along with our Canoe Landing VMS Project and follow up exploration work on our California Lake VMS Project) this season as opposed to next year. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

____________________________________________________________________________________

The Canadian Venture Building, 82 Richmond Street East, Toronto, ON M5C 1P1 (T) (506) 800-0581
www.ninemilemetals.com

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Bold Ventures Inc. (TSXV: BOL) (the ‘Company’ or ‘Bold’) is pleased to announce that Bold Ventures Inc. President, Bruce MacLachlan and V.P. Exploration, Coleman Robertson, will be attending The Northern Miner International Metals Symposium on Sunday, November 30 and Monday, December 1, 2025 at the ETC Venue, 133 Houndsditch, London, UK. The conference brochure may be viewed at https:events.northernminer.com. They will also be conducting meetings and presenting the Company to investors at The Resourcing Tomorrow – ‘Securing Metals and Minerals, Empowering the Future’ conference at the Business Design Centre, 52 Upper St, London, UK on December 2 – 4, 2025 at booth E08.

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Gold (Au), Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

‘Bruce A MacLachlan’  ‘David B Graham’ 
Bruce MacLachlan  David Graham
President and COO CEO
   
Direct line: (705) 266-0847  
   
Email: bruce@boldventuresinc.com  

 

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 Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES

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BHP Group (ASX:BHP,NYSE:BHP,LSE:BHP,OTCQB:BHPLF) confirmed in a statement on Monday (November 24) that its discussions on a merger with Anglo American (LSE:AAL,OTCQX:NGLOY) have officially ended.

The discussions trace back to April 2024, when BHP made its first offer to Anglo to combine their copper assets.

Copper, in particular, has become a prime target as producers seek scale and efficiency in the face of tightening supply and the costly hunt for new deposits.

BHP’s six-week pursuit yielded a total of three offers, including a rejection letter from Anglo in May.

At the time, Anglo said that the deal did not meet its expectations.

In 2025, BHP was triggered to make another bid for Anglo following Anglo’s announcement of a merger with Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK,OTCQX:TCKRF).

The move was to hinder the supposed new entity, which is projected to become the second-largest listed copper-focused producer, after BHP.

In its statement, BHP said that it is now abandoning its bid for Anglo.

“Whilst BHP continues to believe that a combination with Anglo American would have had strong strategic merits and created significant value for all stakeholders, BHP is confident in the highly compelling potential of its own organic growth strategy,” the mining giant said in its statement.

According to media reports BHP saw Anglo as a means of keeping its dominance in copper.

“While it remains the world’s top producer, its lead is narrowing in the years ahead without significant new projects,” Reuters noted.

Additionally, Berenberg analysts, noted that the Anglo-Teck merger is now more likely to happen after BHP conceded.

“A BHP bid for Anglo would have frustrated that deal, but with BHP now stepping away, it appears that the interloper risk for Anglo has materially reduced and the Anglo/Teck Resources deal is likely to go ahead, assuming approvals are received,’ analysts wrote.

The Anglo-Teck merger is still awaiting approval under the Investment Canada Act.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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Here’s a quick recap of the crypto landscape for Wednesday (November 26) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$87,388, a 0.6 percent decrease in 24 hours. Its lowest valuation of the day was US$86,215.64, while its highest was US$88,097.57.

Bitcoin price performance, November 26, 2025.

Bitcoin price performance, November 26, 2025.

Chart via TradingView

Bitcoin’s latest rejection from the heavily defended US$90,000–US$92,000 resistance zone has forced traders to reassess the market’s near-term foundation. The sell-off that followed sent BTC sliding into the US$80,000 region, a dip that was considered by market watchers to be the first major stress test since Bitcoin’s explosive run-up in late Q3.

Despite some optimism of a possible temporary reset, investors warn that a decisive break below US$80,000 could expose Bitcoin to a slide toward the US$69,000–US$62,000 support range. As analyst Ted Pillows wrote on X, “$BTC is facing a lot of resistance around the $88,000–$90,000 zone. If BTC doesn’t break above this level soon, expect a sweep of the lows again.”

A major driver of this uncertainty is the sudden reversal in institutional behavior. After months of steady accumulation, Bitcoin ETFs reported roughly US$3.5 billion in outflows, removing a major pillar of demand and accelerating downward pressure on spot prices.

Meanwhile, Ether (ETH) was priced at US$2,912.48, a 0.7 percent increase in the last 24 hours. Its lowest valuation of the day was US$2,862.84, while its highest was US$2,973.89.

Altcoin price update

  • XRP (XRP) was priced at US$2.19, down by 1.4 percent over 24 hours.
  • Solana (SOL) was trading at US$137.90, up by 0.7 percent over 24 hours.

Today’s crypto news to know

Strategy insists its balance sheet holds firm even at US$25,000 Bitcoin

Strategy reiterated that its balance sheet can withstand a deep Bitcoin drawdown, telling investors in a recent X post that its collateral coverage would remain at 2.0x even if BTC dropped to US$25,000.

The company disclosed updated calculations showing that its convertible debt remains overcollateralized despite the stock’s 49 percent slide and the risk of an MSCI index removal next year.

With 649,870 BTC—worth roughly US$57 billion—the firm remains the largest corporate holder of Bitcoin globally. Strategy maintains that this overcollateralization gives it room to manage volatility and refinance maturities that run through 2032.

Despite the reassurances, the company continues to face pressure from index committees and investors reevaluating the long-term role of a Bitcoin-heavy corporate treasury.

Recently, S&P Dow Jones Indices left Strategy off its latest round of S&P 500 additions, choosing to elevate SanDisk instead despite Strategy’s market capitalization placing it within the top tier of US public companies.

Strategy’s bid for inclusion has been complicated by its reliance on Bitcoin holdings, which some index members argue behaves more like an investment vehicle than a traditional operating company.

For its part, Strategy insists that its software business, alongside its Bitcoin strategy, qualifies it as an operating firm under the index rules. Chairman Michael Saylor pushed back against the characterization, stressing on X that Strategy is “not a fund, not a trust, and not a holding company.”

Japan approves major regulatory shift for crypto under FIEA

Japan’s Financial Services Agency has finalized plans to move digital assets under the Financial Instruments and Exchange Act, marking the country’s most sweeping crypto regulatory overhaul in years.

The shift reclassifies crypto assets as investment products and subjects issuers and exchanges to disclosure and conduct standards similar to those governing securities.

The changes affect over 13 million Japanese crypto accounts that collectively hold more than ¥5 trillion, prompting concerns from local exchanges about higher compliance burdens.

The FSA’s working group outlined new obligations, including clearer disclosure of token supply, governance structures, project risk assessments, and issuer responsibilities.

In addition, exchanges will also be required to maintain reserve funds to cover potential hacking incidents. Regulators plan to crack down on unregistered offshore platforms that continue marketing to Japanese users without approval.

The legislative package is expected to be submitted during the 2026 Diet session.

Spain moves to hike taxes on Bitcoin, Ethereum

A Spanish parliamentary bloc has introduced new tax amendments that would significantly increase the burden on Bitcoin, Ether, and other non-financial-instrument crypto assets.

The proposal would shift gains from crypto into the general personal income tax base, which carries rates of up to 47 percent—far above the current 30 percent maximum applied to savings-based income.

Lawmakers also want corporate crypto gains taxed at 30 percent and are pushing for a nationwide “traffic light” risk label that would appear on trading platforms.

Tax specialists argue the reforms would be difficult to implement, with some calling the package legally unworkable and likely to generate administrative chaos. Investors are likewise already expressing concern after a recent case in which a trader was taxed €9 million on a transaction that produced no profit, highlighting flaws in current enforcement.

If enacted, analysts further warn that the new measures could accelerate capital flight from Spain’s retail crypto market.

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

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

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  • Five-hole 1,750m drill program underway
  • Testing for potential large-scale high-sulphidation epithermal gold system
  • Assay results expected early Q1 2026

Forte Minerals Corp. (‘Forte’ or the ‘Company’) ( CSE: CUAU,OTC:FOMNF ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce that diamond drilling has commenced at its 100%-owned Pucarini High-Sulfidation Gold Project (‘ Pucarini ‘ or the ‘ Project ‘) in southern Peru. This marks the first-ever drill program on the Project and represents a significant milestone following several years of geological work, community engagement, and environmental permitting.

Pucarini is located within the Southern Peru Miocene Mineral Belt, which hosts numerous epithermal gold (‘ Au ‘) and porphyry copper – molybdenum (‘ Cu-Mo ‘) deposits. The Project exhibits a large-scale hydrothermal alteration footprint with high-sulphidation epithermal Au type mineralization, similar to those of neighbouring and regional deposits in the Puno region of Southern Peru.

Map

Figure 1 – Key Mineral Belts of Southern Peru, INGEMMET, 2020.

Pucarini Gold Geochemistry - IP Chargeability-Resistivity 3D Model

Figure 2 – Pucarini Au Geochemistry – IP Chargeability-Resistivity 3D Model – Ground Magnetic Susceptibility 3D Model and Proposed Drilling

Over the past several years, Forte has carried out detailed mapping, geochemistry, multispectral mineralogical analysis, and ground geophysics, while also building strong, long-term relationships with local communities. The Company secured its DIA drilling permit in August 2023 (refer to news release – September 29, 2023 ) and entered into a renewed one-year Community Agreement on March 1, 2025, ensuring local support for the 2025–2026 exploration drilling program.

Inaugural Drill Program

The Phase I program consists of:

  • 5 diamond drill holes
  • 1,750 metres total (~350 m per hole)
  • Testing a potential large-scale high-sulfidation epithermal gold system.

The drill targets were prioritized based on coincident gold geochemistry, high-sulfidation alteration zones, and high resistivity geophysical anomalies, creating a potential cohesive exploration model.

Figure 3 – Pucarini Au in Rock and Soil Geochemistry - Ground High Magnetic Susceptibility and Proposed Drill Hole Locations (1,750 m Proposed)

Figure 3 – Pucarini Au in Rock and Soil Geochemistry – Ground High Magnetic Susceptibility and Proposed Drill Hole Locations (1,750 m Proposed)

Pucarini Diamond Drill Hole #1 in Cross section

Figure 4 – Pucarini Diamond Drill Hole #1 in Cross section – Shallow IP High Chargeability/High Resistivity Anomaly with Deeper IP High Chargeability/Low Resistivity Anomaly.

Pucarini Diamond Drill Hole #2 in Cross section

Figure 5 – Pucarini Diamond Drill Hole #2 in Cross section – IP High Chargeability/ Low Resistivity Anomalies Coincident with a High Magnetic Susceptibility Anomaly

Pucarini Diamond Drill Hole #3 in Cross section

Figure 6 – Pucarini Diamond Drill Hole #3 in Cross section – IP High Chargeability/ Low Resistivity Anomaly and Deeper High Magnetic Susceptibility Anomaly

The 1,000-hectare 100% owned Pucarini Project contains multiple advanced argillic alteration zones within a 3.6 km by 1.8 km hydrothermal alteration footprint. These zones are characterized by massive and granular silica ledges, vuggy silica, and high-sulfidation alteration textures, all consistent with high-sulfidation epithermal Au alteration and mineralization on surface.

Forte has identified a cohesive Au geochemical anomaly in rocks and soils that spans 1,200 m by 600m, supported by a large 1,500 m by 600 m high chargeability anomaly. This is also coincident with a deep-rooted high magnetic susceptibility anomaly that potentially outlines a Au-Cu-Mo porphyry system at depth. Lower levels of anomalous Cu and Mo geochemistry in rocks and soils dominate the main target zone lending more conviction to a potential deeper porphyry target. Together, these datasets outline a robust, untested high-sulphidation epithermal Au target overprinting a potential porphyry Au-Cu-Mo target at greater depth.

With drilling now underway, the Company is positioned to unlock the first subsurface information ever collected from this extensive system. Core processing and sampling from the first drill hole is now underway, and the Company anticipates delivering first assay results to the market in early Q1 2026.

Pucarini Project high sulfidation epithermal alteration

Figure 7 – Pucarini Project high sulfidation epithermal alteration with anomalous Au in surface rock geochemistry

For more details on the geology, targeting methodology, and exploration model at Pucarini, please visit the project page: https://forteminerals.com/projects/pucarini/

Patrick Elliott

Forte’s President & CEO Statement, Patrick Elliott commented:

‘The start of drilling at Pucarini is a major milestone for Forte. After years of geological groundwork, permitting progress, and meaningful collaboration with local communities, we are finally able to test what we believe is one of the most compelling untested high-sulfidation gold exploration targets in southern Peru.

The scale of the alteration system, the strength of the geophysics, and the consistency of the gold anomaly make this a highly attractive first-pass discovery opportunity. With drilling underway, we look forward to sharing initial results with the market in December.’

Strengthened Balance Sheet and Strategic Alignment

Over the past four months, Forte has welcomed two new strategic investors, each investing C$5.7 million, bolstering the Company’s treasury and aligning long-term development plans across all projects. These investors bring significant in-country operational experience and will play an important role in unlocking value not only at Pucarini, but also at the Company’s second Au asset, the Alto Ruri Au Project.

Alto Ruri Gold Project (15 km from Barrick’s Pierina Mine)

While drilling progresses at Pucarini, Forte remains committed to advancing its second Au project, Alto Ruri , located approximately 15 km from the past-producing Pierina Mine, one of Barrick’s former cornerstone operations. Alto Ruri hosts shallow historical drilling, high-resistivity geophysical anomalies, and district-scale epithermal signatures, underscoring its potential for a near-surface Au discovery (refer to the news release dated March 4 th , 2024 ).

With the support of two new strategic investors with deep operational experience in Peru, advancing environmental permitting at Alto Ruri is a key priority as the Company prepares the project for future drilling.

Q ualified Person and NI 43-101 Disclosure

Richard Osmond, P.Geo., an Independent Director, is the Company’s Qualified Person (‘ Qualified Person ‘) as defined by National Instrument 43-101. He has reviewed and approved the technical information contained in this news release.

The information contained in this press release can also be viewed in the NI 43-101 Technical Report on the Pucarini Property, filed on SEDAR+ in November 2021.

About Forte Minerals

Forte Minerals Corp. is a well-funded exploration company with a strong portfolio of high-quality copper and gold assets in Peru. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C. , the Company gains access to a rich pipeline of historically drilled, high-impact targets across premier Andean mineral belts. The Company is committed to responsible resource development that generates long-term value for shareholders, communities, and partners.

On behalf of Forte Minerals Corp.

(signed) ‘ Patrick Elliott’
Patrick Elliott, MSc, MBA, PGeo
President & Chief Executive Officer
Forte Minerals Corp.
T: (604) 983-8847

Investor Inquiries Media Contact
Kevin Guichon, IR & Capital Markets Anna Dalaire, VP Corporate Development
E: kguichon@forteminerals.com E: adalaire@forteminerals.com
C: (604) 612-9976 T: (604) 983-8847
info@forteminerals.com
www.forteminerals.com

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Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements relating to the intended use of proceeds of the Strategic Placement. These forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company with respect to the matter described in this press release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under ‘Risk Factors and Uncertainties’ in the Company’s latest management’s discussion and analysis, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information or statements to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is proud to announce the successful first commercial installation of its proprietary energy management system, ‘The Hub,’ on a Risen battery energy storage system (BESS) at a customer site, marking a key commercialization milestone for the Company’s AI-driven energy solutions business.

The Hub is Homerun Energy’s advanced AI-enabled Energy Management System (EMS), built to orchestrate batteries and other flexible assets in real time to maximize revenue, reduce operating costs, and protect asset life. By connecting directly to the Risen BESS, The Hub now controls live charging and discharging at the customer’s site based on market signals, grid conditions, and on-site constraints, demonstrating full field functionality on a commercial battery platform.

‘This first commercial installation of The Hub on a Risen battery provides the validation investors have been waiting for,’ said Dr Luca Sorbello, CEO, Homerun Energy ‘We have moved from development to live operations, proving that our AI-enabled control system can unlock more value from storage assets while supporting a cleaner, more reliable grid.’

Learn more about the installation through this informative video: https://youtu.be/zwc_T0sPCVE

AI is central to the intelligence behind The Hub. By continuously analysing real-time data, from grid conditions and market prices to on-site consumption and battery health, The Hub’s AI models predict optimal dispatch strategies before they’re needed. This allows the system to automatically maximize revenue opportunities, reduce operating costs, and protect the battery from unnecessary wear. As The Hub learns from each installation, its algorithms become even more accurate, enabling smarter, faster, and more reliable control across an entire fleet of distributed energy assets.

The inaugural deployment enables:

  • Intelligent dispatch of the battery to capture price arbitrage, peak shaving, and grid-support services
  • Real-time monitoring and analytics, giving asset owners full visibility into performance and health
  • Configurable control strategies, allowing operators to adapt quickly to evolving tariffs, regulations, and market opportunities
  • Scalable architecture, built to manage fleets of storage assets across multiple sites

As renewable generation continues to grow, battery storage and intelligent control systems are becoming critical to balancing supply and demand. With The Hub now operating on a live battery installation, Homerun Energy is positioned to support developers, asset owners, and utilities looking to maximize the value of their storage portfolios.

‘Storage is only as smart as the software that controls it,’ added Luca Sorbello ‘The Hub was built from the ground up for flexibility and scale, so this first installation is just the beginning.’

Learn more at www.homerunenergy.com

About Homerun

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.

  • ⁠Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.
  • Solar: Development of Latin America’s first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.
  • Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.
  • ⁠Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.

With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets-creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

On behalf of the Board of Directors of
Homerun Resources Inc.

‘Brian Leeners’

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

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.

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Apollo Silver Corp. (‘ Apollo Silver ‘ or the ‘ Company ‘) (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF) is pleased to announce that it has engaged Equedia Network Corporation (‘Equedia’), an arm’s-length service provider, to provide communications and advisory services (the ‘Services’) in accordance with the policies of the TSX Venture Exchange (‘TSXV’) and applicable securities laws.

Based in Richmond, British Columbia, Equedia specializes in marketing, communications, media engagement, and public-awareness services within the mining and metals sector. Under a consulting services agreement dated November 25, 2025 (the ‘Agreement’), Equedia will provide communications, marketing, and advisory services to the Company for a three-month term for a one-time fee of US$350,000, plus applicable taxes.

Equedia currently hold 6,000 common shares of the Company, acquired through the open market. Equedia has advised that it may purchase additional common shares of the Company during the term of the Agreement. Equedia will not receive any common shares, options, or other securities of the Company as compensation.

The engagement is subject to the approval of the TSXV.

About Apollo Silver Corp.

Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US. The Calico Project hosts a large, bulk minable silver deposit with significant barite and zinc credits – recognized as critical minerals essential to the U.S. energy, industrial and medical sectors. Additionally, the Company has optioned Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major CRD deposit that is both high-grade and large tonnage. Led by an award-winning management team, Apollo’s growth strategy is matched only by the scale of the opportunity ahead.

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroy
President and CEO

For further information, please contact:

Email: info@apollosilver.com
Telephone: +1 (604) 428-6128

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.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, the timing, scope, and success of planned marketing and advisory services by Equedia. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and Ba; the demand for silver, gold and Ba; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws .

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Blue Sky Uranium Corp. logo (CNW Group/Blue Sky Uranium Corp.)

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

Blue Sky Uranium Corp. (TSXV: BSK,OTC:BKUCF) (FSE: MAL2) (OTC: BKUCF), ‘Blue Sky’ or the ‘Company’) is pleased to announce the completion of a comprehensive Gap Analysis for the Ivana Uranium-Vanadium Deposit (‘Ivana’) at the Amarillo Grande Project in Río Negro Province, Argentina.

The Gap Analysis was prepared by M3 Engineering & Technology Corporation, supported by a consortium of specialized consulting firms, at the request of Ivana Minerales S.A, (‘IMSA‘) the operating company for the joint-venture between Blue Sky and a subsidiary of Corporacion America Group, (‘COAM‘) to advance Ivana.

Using the existing Preliminary Economic Assessment (‘PEA‘) as the baseline, the GAP Analysis provides a clear, actionable roadmap for advancing Ivana through the Pre-Feasibility Study (‘PFS‘) stage and potentially onward to the completion of a Feasibility Study (‘FS‘) and submission of the final Environmental Impact Assessment for Ivana. The timeline established by the roadmap is approximately 24 months to complete these steps, with an estimated overall budget of US$13.5 million, including contingencies.

Nikolaos Cacos, Blue Sky President & CEO commented, ‘Completing this Gap Analysis marks a significant strategic milestone for Blue Sky and IMSA. Our goal has always been to rapidly advance our first discovery at the Amarillo Grande project toward potential uranium production. This analysis focuses the remaining steps, providing an aggressive but systematic timeline and clear path forward. Our local partner is committed to this process with us and together we are moving Ivana forward rapidly and responsibly.

GAP Analysis Summary

The objective of the Gap Analysis was to identify technical, environmental, social, and regulatory areas where additional data collection, studies, or design are needed to support a PFS and FS. The baseline for all technical assessments was the PEA and updated Mineral Resource Estimate (‘MRE‘) for the Ivana deposit described in the NI 43-101 Technical Report dated April 2, 2024, filed on SEDAR+. The MRE includes 19.7 million tonnes at 0.039% U₃O₈ and 0.019% V₂O₅ in the Indicated category, and 5.6 million tonnes at 0.031% U₃O₈ and 0.019% V₂O₅ in the Inferred category. The PEA describes an initial 11-year mine life for the deposit, requiring a capital expenditure of US$159.7 million and an estimated average life-of-mine all-in sustaining cost of US$24.95 per pound U₃O₈, net of credits. The economic analysis includes an after-tax NPV8% of US$227.7 million, a payback period of 1.9 years, and an IRR of 38.9%. Readers are cautioned that the PEA is preliminary in nature and is intended to provide an initial assessment of the project’s economic potential and development options. The PEA mine schedule and economic assessment includes numerous assumptions and is based on both Indicated and Inferred mineral resources. Inferred resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA results will be realized. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Additional exploration will be required to potentially upgrade the classification of the inferred mineral resources to be considered in future advanced studies.

The Gap Analysis report confirms that Ivana benefits from strong baseline technical work, favorable metallurgy, clear permitting pathways, and a well-defined execution plan. The report provides a structured timeline to advance key areas in order to support a PFS and FS for Ivana:

  • Mineral Resources: IMSA completed a new infill drilling program this year, totaling 328 RC holes, to support potentially further upgrading the category of some or all of the resource (currently ~80% of the MRE is in Indicated). Integrating this infill program with the previous block model will help define future drilling requirements, if needed, to establish mineral reserves for the FS.
  • Mineral Processing: Previous alkaline leach metallurgical tests have shown excellent uranium recoveries after low-cost scrubbing and screening preconcentration. The GAP analysis recommended repetition of leach testwork, further optimization of beneficiation, solvent extraction and downstream precipitation testing, additional process step testing and confirmation that the brine/brackish water available on site can be used in the processing flowsheet. The additional proposed mineral processing testwork is expected to take about 15 to 16 months and represents the most significant critical-path item to support the project’s advancement.
  • Hydrogeological, Radiological, and Geotechnical Baseline: Hydrogeological studies began in 2017, with baseline studies completed between 2021 and 2023 and updated in 2024 through 2025. The GAP Analysis recommends supplementary programs to strengthen these baseline datasets and ensure they are fully aligned with upcoming permitting milestones.
  • Surface Water, Groundwater, Geochemistry, Tailings, Closure/Rehab: The Gap Analysis identifies work related to surface and groundwater studies, along with the need for additional geochemical characterization of ore and waste materials, further definition for tailings design, and the related inputs that will support closure and rehabilitation planning at the PFS/FS stages.
  • Infrastructure: No significant infrastructure constraints were identified, allowing engineering activities to proceed in parallel with technical studies related to access roads, site buildings, power supply, and more.
  • Biodiversity, Archaeology, and Paleontology: Baseline surveys began in 2021 and have provided proper characterization. The report recommends maintaining and reinforcing these surveys for a more detailed understanding.
  • Communities: Social studies conducted in recent years are considered sufficient at this stage. The report suggests further work to consolidate the socioeconomic baseline and implement specific programs.

In addition to identifying technical requirements, the study provides a high-confidence development framework that reduces execution risk and establishes a clear path to Feasibility Study level, culminating in the submission of an Environmental Impact Assessment report to the regulatory authorities. Key milestones in the path include:

  • Q4 2025: Metallurgical lab selection and sample shipment; initiation of mineral resources update
  • Q2 2026: Preliminary metallurgical results and commencement of extended metallurgical tests
  • Q3 2026: PFS level of engineering
  • Q3 2026: Final mineral resource report and PFS completion
  • Q2 2027: Final Metallurgical test report and FS completion
  • Q3 2027: EIA submission

The total cost to complete the required technical, environmental, and permitting studies up to the Feasibility Study level is estimated at US$11.4 million, with an additional US$2.05 million contingency, for a total of US$13.45 million.

Qualified Persons

The technical contents of this news release have been reviewed and approved by Mr. Ariel Testi, CPG, who works for the Company and is a Qualified Person as defined in National Instrument 43-101.

About Ivana Minerales S.A.

Ivana Minerales S.A. is the operating company for the joint-venture between Blue Sky and its partner Abatare Spain, S.L.U. to advance the Ivana Uranium-Vanadium deposit in Rio Negro Province of Argentina. The activities of IMSA are subject to the earn-in transaction (the ‘Agreement‘) in which COAM will fund cumulative expenditures of US$35 million to acquire a 49.9% indirect equity interest in the Ivana deposit, and then has the further right to earn up to an 80% equity interest in IMSA by completion of a feasibility study and funding the costs and expenditures up to US$160,000,000 to develop and construct the project to commercial production, subject to the terms and conditions in the Agreement. IMSA also has a Call Option to acquire a 100% interest in all or part of certain exploration targets owned by Blue Sky’s 100%-held subsidiary, subject to certain conditions. For additional details, please refer to the News Release dated February 27, 2025, as well as the Company’s latest Financial Statements & MD&A available at blueskyuranium.com.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky’s flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company’s recently optioned Corcovo project has potential to host an in-situ recovery (‘ISR‘) uranium deposit. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

‘Nikolaos Cacos’ 
______________________________________
Nikolaos Cacos, President, CEO and Director

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.

This news release may contain forward-looking statements and forward-looking information (collectively, the ‘forward-looking statements’) within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward-looking statements that, other than statements of historical fact, address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the GAP Analysis providing a clear, actionable roadmap for advancing Ivana through the PFS stage and potentially onward to the completion of a Definitive Feasibility Study DFS and submission of the final Environmental Impact Assessment for Ivana, the timeline established by the roadmap being approximately 24 months to complete these steps, with an estimated overall budget of US$13.5 million, including contingencies, the timing of the completion of the milestones in the path, the Company’s planned drilling campaigns, its objectives and the potential mineral content of its projects. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: uncertainty relating to mineral resources; risks related to heavy metal and transition metal price fluctuations, particularly uranium and vanadium; risks relating to the dependence of the Company on key management personnel and outside parties; the potential impact of global pandemics; risks and uncertainties related to governmental regulation and the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations, including in respect of the Company’s planned exploration program described in this news release. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company’s public disclosure documents for a more detailed discussion of factors that may impact expected future results. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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SOURCE Blue Sky Uranium Corp.

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Bert Dohmen, founder and CEO of Dohmen Capital Research, discusses precious metals.

He believes gold’s fundamentals support ‘much higher prices’ for a number of years, and sees silver doing even better as the US faces down the specter of potential deflation.

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

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