Scandium International Mining Announces Scandium Investments LLC to Exercise Warrants Early and Updated Timing on Refreshed Definitive Feasibility Study for Nyngan Scandium Project

(TSXV:SCY) Scandium International Mining Corp. announced that Scandium Investments LLC, the Company's largest shareholder, has exercised 7,202,222 warrants for total proceeds of approximately C$774,238. The warrants were exercised ahead of their scheduled expiration in the second quarter of 2027. The Company stated that this early warrant exercise is one of the first steps alongside the refreshed Definitive Feasibility Study for the Nyngan Scandium Project. Due to a delay with a subcontractor, the updated timeline for completing the refreshed Definitive Feasibility Study is now the first quarter of 2027. Peter Evensen, Chief Executive Officer of Scandium International Mining, commented that the warrant exercise reflects the positive outlook for the Company and that demand growth in the western world for scandium is accelerating across multiple use cases. He also stated that the Company believes the time to come out of hibernation is now. The Nyngan Scandium Project is described as one of only two primary scandium projects in NSW with both a mining license and development consent. The Company is advancing the Nyngan Scandium Project to a Final Investment Decision as expeditiously as possible. The information in the news release has been reviewed and approved by John Thompson, BE, FAusIMM, Vice-President of Project Development, who is a Qualified Person as defined in National Instrument 43-101. The Company highlighted that the Nyngan project is a critical part of a resilient western world supply solution for the growing scandium market in the next decade. The Company has been involved in commercial and technical discussions with commercial and government parties regarding scandium demand. Peter Evensen has been involved with the Company since 2014. The Company’s largest shareholder, Scandium Investments LLC, includes Peter Evensen. The Company’s warrant exercise and project advancement are positioned as responses to accelerating scandium demand.

Maiden Rare Earth Mineral Resource Estimate

(LSE: COBR) Cobra Resources plc announced a maiden Mineral Resource Estimate (MRE) for the Wudinna Rare Earth Project of 150 Mt grading 470 ppm Total Rare Earth Oxides (TREO), containing 70,400 tonnes of TREO. The MRE is compliant with JORC standards and has been assessed for both In Situ Recovery (ISR) and Open Pit mining methods. For mineralisation within the Pidinga formation amenable to ISR, an economic cut-over of US$5.27/tonne has been applied. The open pit mining scenario uses a cutoff grade of 200 ppm TREO excluding cerium (TREO-Ce) and a mining cost of US$2.3/t. The Boland and Head ore bodies have been assigned an 'Indicated' classification for 60 Mt at 572 ppm TREO, delivered by sonic core drilling. An Exploration Target (ET) of 665 - 1,447 Mt (376 - 478 ppm TREO) has been assigned across Boland and Head, indicating significant scale for further MRE growth. 61% of the Pidinga Formation ore tonnes and 57% of the Pidinga formation TREO metal tonnes are evaluated as ISR recoverable. The Indicated Mineral Resource represents 40% of the total inventory. The MRE is based on data from 91 sonic core drill holes drilled from 2024 through 2026, with the effective date of the resource being 22 October, 2026. The resource estimate was prepared by ERM Australia Consultants Pty Ltd. The company's five-pillar strategy to advance Wudinna to production targets bottom-quartile production costs, maximising heavy rare earth content, engaging commercial partnerships, disciplined financing and permitting, and staged production. The company holds a ~3,200 km2 prospective palaeochannel landholding, with the combined MRE and ET representing less than 12% of this area. The maiden MRE will underpin the Wudinna Rare Earth Scoping Study. The company plans further drilling and technical studies to increase the ISR recoverable component of the Pidinga formation. The implementation schedule includes definition and testing in 2027, validation and preparation in 2027-2028, and milestone-dependent development and execution in 2029. No Ore Reserve has been estimated, and economic viability and the commercial application of ISR remain subject to further technical, environmental, regulatory and economic studies. The responsible Competent Person is Dr. Maxim Seredikin (Fellow AusIMM Number: 317718).

Spark Reports 1.54% TREO in Boa Vista Soil and 137.1 g/t Gallium Oxide in Encachoeirado Rock Sample

(CSE:SPRK, FSE:8PC) Spark Energy Minerals Inc. announced surface sampling results from the Boa Vista and Encachoeirado targets within its Arapaima Project in Minas Gerais, Brazil. At Boa Vista, soil sample ARA-SL-219, collected on strongly kaolinized Caladão Granite saprolite, returned 15,434 ppm (1.54%) TREO with 35.3% MREO/TREO and 5,171 ppm NdPr. Another sample, ARA-SL-080, a pink clayey soil, returned 3,047 ppm TREO with 29.3% MREO/TREO. Forty of the 81 Boa Vista soil samples exceeded 500 ppm TREO. Gallium results for these samples included 59 above 50 g/t Ga₂O₃, with a maximum of 134.4 g/t. Five maiden RC holes at Boa Vista intersected the rare earth zone from 20 to 32 m below surface, with composites of 1,188 to 1,565 ppm TREO and 17.3% to 23.4% MREO/TREO. At the Cruzeta road cut, channel sampling averaged 2,392 ppm TREO over 22 m, and a grab sample returned at least 2.00% TREO. At Encachoeirado, six of 65 stream-sediment samples exceeded 500 ppm TREO, with a maximum of 1,621 ppm (ARA-SS-292a) and 19.7% MREO/TREO. A pegmatite-biotitite rock chip (ARA-CR-184) returned 2,428 ppm TREO, 20.3% MREO/TREO, 637 ppm Li₂O, and 137.1 g/t Ga₂O₃. Four of 29 rock-chip series samples exceeded 500 ppm TREO, including ARA-CR-168 (1,212 ppm), ARA-CR-165 (657 ppm), and ARA-CR-186 (520 ppm). Five of 13 soils at Encachoeirado exceeded 50 g/t Ga₂O₃, with a maximum of 65.9 g/t (ARA-SL-121). None of the 13 soil samples at Encachoeirado exceeded 500 ppm TREO (maximum 481 ppm). The company plans close-spaced soil sampling and RC drilling at Boa Vista where the rare earth zone is exposed, and trenching and channel sampling at Encachoeirado, subject to financing. Dr. Fernando Tallarico, P.Geo., FSEG, Chief Executive Officer and Chairman, stated that the soil dataset at Boa Vista supports the exploration model and justifies further drilling. The company provided detailed figures and sample IDs for all significant results, including the number of samples above key thresholds for TREO and gallium. The announcement includes references to previous reporting dates for gallium and yttrium results and outlines the next steps for exploration at both targets.

SAGA Metals Completes Diamond Drill Program at the Wolverine Rare Earth Project - All 22 Holes Totalling 3,241 Metres Intersect Prospective REE-Bearing Alteration

(TSXV:SAGA) (OTCQX:SAGMF) (FSE:20H) SAGA Metals Corp. has announced the successful completion of its maiden diamond drill program at the 100%-owned Wolverine Heavy Rare Earth Element Project in Labrador, Canada. The program consisted of 22 diamond drill holes (DDHs) totalling 3,241 metres, marking the first systematic diamond drilling conducted on the property. The announcement includes reference to the location of the 2026 diamond drill holes and the 2025 RC drill holes relative to the Upper Ash Flow (Unit 5) and Crystal Poor Ash (Unit 4) geological settings. The geology of the Flowers River Igneous Suite is highlighted, including both historical and 2026 grab samples from the Wolverine REE Project. A newly identified, well-exposed outcrop consisting of potassium feldspar, arfvedsonite (Na-amphibole), and quartz-bearing medium-grained peralkaline granite was sampled along strike of the Gibson Lake showings. The Gibson Lake showings include seven samples with total REE plus Zr, Nb, and Hf ranging from 0.5% to 14%. The announcement also describes alteration assemblages and their distribution identified in the Nuiklavik volcanics and the Flowers River Igneous Suite. SAGA Metals Corp. holds a 100% ownership interest in the Wolverine Heavy Rare Earth Element Project. The company is focused on critical mineral discoveries in North America. The completion of this drill program represents a significant milestone for the project. The results from the Gibson Lake showings demonstrate a range of total REE plus Zr, Nb, and Hf concentrations. The company has systematically advanced exploration at the Wolverine Project through both RC and diamond drilling. The geological context includes the Upper Ash Flow and Crystal Poor Ash units. The Flowers River Igneous Suite is a key geological feature of the project area. The company has identified new outcrops and alteration assemblages as part of its ongoing exploration efforts.

(TSXV:SAGA, FSE:20H) SAGA Metals Corp. announced the successful completion of its maiden diamond drill program at the 100%-owned Wolverine Heavy Rare Earth Element Project in Labrador, Canada. The 2026 field program consisted of 22 diamond drill holes (DDHs) totalling 3,241 metres, representing the first systematic diamond drilling on the property. All 22 holes were drilled at an azimuth of 230° and a dip of -85°, with end-of-hole depths ranging from 43 m to 204 m. Promising alteration assemblages interpreted as related to REE mineralization were identified in all 22 holes. Two holes, W26-001 (182 m) and W26-002 (179 m), have been fully logged and sampled, returning thick intervals of Unit 4 (up to 118.75 m and 50.97 m, respectively) with extensive alteration from near surface to end of hole. W26-001 intersected Unit 4 at a thickness of 118.75 m, grading into Unit 3 at 120.55 m, with alteration logged from 1.8 m to the end of the hole (180.2 m total alteration interval) and 138 core samples collected. W26-002 intersected Unit 4 at a thickness of 50.97 m, grading into Unit 3 at 82.87 m, with alteration logged from 0.35 m to the end of the hole (approximately 178.65 m total alteration interval) and 139 core samples collected. Logging and sampling of the remaining 20 holes are in progress, and assay results from the fully sampled holes are pending. Prospecting during the program collected 136 grab samples, with assays pending, and confirmed the presence of Units 3, 4, and 5 in multiple locations, expanding the prospective area. Newly identified pegmatites and aplite dykes were discovered in the southern part of the property. The Gibson Lake showings include seven samples ranging from 0.5% to 14% total REE plus Zr, Nb, and Hf. The company plans to complete logging and sampling of the remaining holes, submit samples for assay, and conduct an induced polarization (IP) survey in Q2 2027 to guide follow-up drilling. Michael Garagan, Director and Chief Geological Officer, stated that the program confirmed the target alteration assemblage in every hole and provided the first systematic look at the volcanic sequence at depth, with mapping and prospecting results indicating that prospective units and pegmatite targets extend beyond the current drill area. The 100% owned Radar Ti-V-Fe Project comprises 24,175 hectares and has seen 24,641 m of drilling in the Hawkeye and Trapper zones, confirming a large, mineralized layered mafic intrusion. The Wolverine Project is a near-surface REE system with historic drilling identifying consistent mineralization with assays up to 2.03% TREO including approximately 28% HREO, and grab sample assays of pegmatite hosted in peralkaline granite returning up to 21.6% TREO. The project has 26 km2 of exposed mineralization tuff at surface, with about 5% of the prospective unit drilled to date. The 100% owned Double Mer Uranium Project covers 25,600 hectares, with a confirmed 14 km section producing samples as high as 0.428% U3O8. The Legacy Lithium Project in Quebec's Eeyou Istchee James Bay region spans 73,866 hectares. Dr. A. Miller, P. Geo., PEGNL, is the Independent Qualified Person who reviewed and approved the technical information in the release. Mike Stier is Chief Executive Officer of SAGA Metals Corp.

Spark Highlights Yttrium at Depth in Arapaima's Rare Earth System: 28 m at 200 ppm Y2O3 and 1,614 ppm Y2O3 in a Granite Grab Sample

(CSE:SPRK) (FSE:8PC) Spark Energy Minerals Inc. has released a yttrium-focused review of previously published drilling and road-cut results from its 100% owned Arapaima Project in Minas Gerais, Brazil, along with newly disclosed yttrium results for 914 surface samples. The Cruzeta rare earth zone and deeper weathered granite intervals both show significant yttrium values, with highlights including 28 m at 200 ppm Y₂O₃ from 62 to 90 m in drill hole ARA-RC-003, and 201 ppm Y₂O₃ over the final 24 m of the same hole (70 to 94 m), which ended in mineralization. Twelve composites grade 100 ppm Y₂O₃ or more in 10 of the 28 Cruzeta holes, with notable intervals such as 8 m at 226 ppm (ARA-RC-033), 4 m at 209 ppm (ARA-RC-005), 8 m at 198 ppm (ARA-RC-001), and 10 m at 150 ppm (ARA-RC-018). The two highest drill values are 460 ppm Y₂O₃ (ARA-RC-003, 70–72 m) and 455 ppm Y₂O₃ (ARA-RC-033, 42–44 m). The Cruzeta road cut (channel CN-009) returned 22 m at 188 ppm Y₂O₃, with 16 of 22 samples at 100 ppm or more and a maximum of 428 ppm. A grab sample (ARA-CN-008-05) from the base of the road cut returned 1,614 ppm Y₂O₃ and more than 2.00% TREO, with yttrium accounting for up to 8% of rare earth oxides, 333 ppm Dy₂O₃, and 68 ppm Tb₄O₇. Thirty composites at 50 ppm Y₂O₃ or more were found in 24 of 33 reported holes, including all five holes at Boa Vista, where ARA-RC-031 returned 20 m at 80 ppm Y₂O₃ from 28 m. The newly reported 914 surface samples include 507 ppm Y₂O₃ in soil sample ARA-SL-219 at Boa Vista and 349 ppm Y₂O₃ in stream-sediment sample ARA-SS-410 at Cruzeta; across the full 1,038-sample surface dataset, 48 samples returned 100 ppm Y₂O₃ or more. Of the 843 primary drill samples at Cruzeta, 150 (18%) grade 50 ppm or more and 57 grade 100 ppm or more; Y₂O₃ was detected in all 951 primary drill samples. Yttrium correlates closely with dysprosium (correlation coefficient 0.96) and terbium (0.91), and its share of TREO is stable, with a median of 3.9% and a middle range of 2.8% to 6.1%. The 28 m yttrium composite in ARA-RC-003 averages 3,535 ppm TREO, and the 8 m composite in ARA-RC-033 averages 3,014 ppm TREO. The highest previously published surface value outside the road cut is 532 ppm Y₂O₃ in stream sediment ARA-SS-207 at Cruzeta, with 6,417 ppm TREO; stream sediment ARA-SS-271 at Boa Vista returned 208 ppm Y₂O₃ with 10,016 ppm TREO. Chinese exports of yttrium compounds fell from about 3,100 tonnes in 2024 to about 1,600 tonnes in 2025, and shipments to the United States fell to zero in May and June 2026. Yttrium oxide (99.999%) sells for about US$8 per kilogram in China and has traded at US$420 to 1,175 per kilogram outside China in 2026. Arapaima is 100% owned by Spark and is not subject to any offtake or partnership agreement. The company plans to collar a drill hole at the top of the Cruzeta road cut to test the granite below, subject to financing, and will conduct mineralogical and metallurgical test work on the clay and granite mineralization. Applications under the European Union's Critical Raw Materials Act and to the U.S. Trade and Development Agency remain under evaluation, with no decision or funding awarded.

Final US$0.25 Million DFC Grant Funding Received

(LSE:BRES) Blencowe Resources Plc announced the receipt of the final tranche of US$0.25 million in grant funding from the US International Development Finance Corporation (DFC), completing the total US$5.0 million technical assistance grant. The DFC funding is non-dilutive to Blencowe shareholders. The final payment was released following the completion of the Orom-Cross Definitive Feasibility Study (DFS) and associated technical review requirements. The review process was extended due to personnel changes within DFC and the appointment and authorisation of independent technical reviewers. Completion of this process marks the full and final drawdown of the US$5.0 million DFC Technical Assistance Grant. Blencowe continues to engage closely with DFC as the Orom-Cross project advances towards development. The company's immediate focus is on closing the financing of Phase 1 and continuing discussions and preparatory work for the longer-term Phase 2 funding structure. Sam Quinn, Non-Executive Chairman, stated that receipt of the final US$0.25 million tranche represents another important milestone for Orom-Cross and that the grant has supported a substantial body of technical work through completion of the DFS and independent review process. The DFS is now complete, and the technical foundations of Orom-Cross have been significantly strengthened. Iain Wearing, Interim Chief Executive Officer, commented that the DFC grant has enabled Blencowe to materially advance Orom-Cross across almost every major technical workstream. During the programme, the company completed extensive drilling, materially increased the JORC Mineral Resource and Ore Reserve, delivered the Definitive Feasibility Study, and strengthened the project economics to a post-tax NPV10 of US$1.254 billion and IRR of 51%. The company has also advanced the downstream opportunity, with independent test work demonstrating the exceptional quality and versatility of Orom-Cross graphite, including very high purity and strong electrochemical performance. Development programmes with AETC, Alkeemia, and other specialist partners have advanced potential applications across batteries, advanced energy storage, aerospace, defence, and hypersonic technologies. Orom-Cross now combines scale, robust economics, independently validated graphite quality, a clear development pathway, and multiple higher-value downstream opportunities, providing a strong platform as the company progresses Phase 1 funding and advances towards development.

Drilling Expands Mineralized Footprint at Penelope

(CSE:LIBR) (OTCQB:LIBRF) (FSE:W0R0) Libra Energy Materials Inc. reported the remaining assay results from its maiden auger drill program at its 100%-owned Penelope Project in Minas Gerais, Brazil. The results from Holes PLE-AD-008 through PLE-AD-022 extend near-surface rare earth element (REE) enrichment beyond the initial holes at the Elena target, with extensions approximately 125 to 250 metres to the east, northeast, and west, and approximately 650 metres to the northwest. Hole PLE-AD-021 returned 2.0 m at 1,421 ppm total rare earth oxides (TREO) from surface, including 1.0 m at 2,239 ppm TREO. The program has now tested an area of approximately 550 m east-west by 750 m north-south, and 10 of the 15 holes reported in this release returned at least one sample above 500 ppm TREO. Dr. Jérémie Pfister, Vice President of Exploration, stated that the auger program has expanded the footprint of REE enrichment at Penelope, with Hole PLE-AD-021 returning one of the highest-grade samples and Hole PLE-AD-010 mineralized from surface to the bottom of the hole. CEO Koby Kushner commented that while Penelope is non-core to Libra's long-term strategy, the project offers opportunities for monetization, potentially through earn-ins, joint ventures, or divestment. Previous prospecting at Penelope confirmed high-grade critical minerals in pegmatites, with samples returning up to 8,780 ppm Niobium (Nb), 10,900 ppm Tantalum (Ta), and 3,103 ppm total REEs. The 22-hole mechanical auger drilling program totaled approximately 261 m. Results for the first seven holes, which returned multiple intervals above 1,000 ppm TREO near the Elena target, were reported on June 11, 2026. Highlight results from the final 15 holes include: 2.0 m of 1,421 ppm TREO from surface, including 1.0 m of 2,239 ppm TREO (PLE-AD-021); 12.0 m of 801 ppm TREO from surface to end of hole, including 4.0 m of 1,075 ppm TREO and 1.0 m of 1,690 ppm TREO at 6 m depth (PLE-AD-010); 1.0 m of 2,585 ppm TREO in the last sample of the hole (PLE-AD-020); 1.0 m of 1,263 ppm TREO with 37.3% MREO (magnet rare earth oxides), the highest magnet rare earth proportion of the program (PLE-AD-009); 1.0 m of 1,045 ppm TREO (PLE-AD-015); 8.5 m of 675 ppm TREO from surface to end of hole (PLE-AD-013); 4.0 m of 38 g/t Gallium (Ga) from surface (PLE-AD-014); and 1.0 m of 43.5 g/t Ga at 7 m depth (PLE-AD-022). All intercepts occur within 12 m of surface. Except for PLE-AD-020, the intercepts contain a favourable proportion of magnet rare earth oxides (MREO) of 21% to 37% of TREO. The holes averaged approximately 12 m in depth, and several ended in mineralized material, indicating the base of the REE-enriched profile was not reached at those locations. A total of 167 samples from Holes PLE-AD-008 to PLE-AD-022 were submitted to SGS Geosol Laboratórios S.A. in Vespasiano, Minas Gerais, including 152 regolith samples and 15 blanks, certified reference materials, and field duplicates. Sample preparation and analytical methods included sodium peroxide fusion with ICP-MS, lithium metaborate fusion with ICP-OES and ICP-MS, and loss on ignition at 1,000 °C. The QA/QC program followed Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Exploration Best Practice Guidelines. Libra's Flanders North, Flanders South, and SBC lithium projects in Ontario are being explored under a CAD $33 million earn-in deal with KoBold Metals Company. The company also holds a broader portfolio of battery metals projects across Canada and Brazil.

Axion Minerals Commences Phase 1 Exploration at Cranberry Creek

(CSE:AXN) Axion Minerals Corp. has commenced its Phase 1 exploration program at the Cranberry Creek REE Property, located approximately 23 kilometres south of Revelstoke, British Columbia. The field team mobilized to the property on October 10, 2026, and expects to complete the fieldwork portion in 4-5 weeks, depending on weather and logistics. The Phase 1 program is based on recommendations from the Independent Technical Report on the Cranberry Creek REE Property, effective June 3, 2026. Initial fieldwork is focused on verifying and following up priority targets identified from the 2025 exploration program. Axion plans to test a limited number of selected locations associated with higher 2025 REE values using a portable backpack drill to collect shallow subsurface material for geological logging and analysis. The November 2025 exploration program included prospecting, geological mapping, ground and airborne geophysical surveys, and the collection of 208 samples: 86 rock, 110 soil, and 12 stream-sediment samples, including field duplicates. Rock samples from 2025 returned total rare earth element (TREE) values ranging from approximately 15 ppm to more than 5,700 ppm. The report also describes localized heavy rare earth element and yttrium responses, as well as locally elevated zirconium values. The 2025 results are reconnaissance surface-sampling results and are being used to guide follow-up exploration; they do not establish the source, subsurface grade, thickness, or continuity of any mineralization. No Mineral Resource or Mineral Reserve has been defined for the property. Phase 1 work includes detailed geological mapping and prospecting, follow-up rock and infill soil sampling, additional stream-sediment sampling in under-tested drainages of Cranberry Creek and Mulvehill Creek, and ground radiometric surveying. Ground magnetic and/or VLF-EM surveys may also be completed over selected target corridors. Axion will integrate geological, geochemical, and geophysical information to refine and rank targets for future work. Christopher Hill, Chief Executive Officer of Axion Minerals Corp., stated that the 2025 sampling outlined several locations that merit closer investigation and that the company is following up selected higher REE values with focused backpack drilling. The Cranberry Creek REE Property comprises three contiguous mineral claims covering approximately 2,673.19 hectares in the Kamloops Mining Division of British Columbia. The property is underlain principally by high-grade metamorphic rocks of the Monashee Complex, including muscovite- and biotite-rich gneiss, quartzite, and schist, with local granitic and pegmatitic intrusions. Axion holds an option to acquire a 100% interest in the property. The technical information in this release has been reviewed and approved by Afzaal Pirzada, P.Geo., a consultant to the company and a Qualified Person under National Instrument 43-101.

Tsodilo Resources Ltd Advances in Multiple Strategic Collaborations - Botswana Institute for Technology Research & Innovation, University of Cape Town and Battelle Memorial Institute on Efforts to Advance Critical Minerals and Rare Earth Element Exploration

(TSXV:TSD, OTCQB:TSDRF, FSE:TZO) Tsodilo Resources Ltd. provided an update on its strategic collaborative research alliances supporting critical minerals and rare earth element exploration at its 100% owned Gcwihaba Metals Project in Northwest Botswana. The company is working with the Botswana Institute for Technology Research & Innovation (BITRI), University of Cape Town (UCT), and Battelle Memorial Institute. BITRI completed a preliminary geochemical and mineralogical characterization of four selected drill-core samples from the C27 skarn at Gcwihaba, specifically TREE-C27-2-103 (147.10 m), TREE-C27-2-107 (159.50 m), TREE-C27-2-110 (165.65 m) from drillhole 1822C27_2, and TREE-C27-6-119 (159.80 m) from drillhole 1822C27_6. Analyses were performed using XRD, XRF, ICP-MS, and SEM-EDX at BITRI's Gaborone laboratories. Of the four samples, TREE-C27-6-119 returned the highest ΣREE+Y result: 1,794 ppm (0.18% on an elemental basis), including 403 ppm critical REEs (Nd+Pr+Dy+Tb+Eu+Y). Results across the four samples ranged from 85 to 1,794 ppm ΣREE+Y, all showing strong light-REE-enriched patterns. SEM-EDX imaging of TREE-C27-6-119 showed iron-associated Ce-La-Nd-rich inclusions within micro-fractured, weathered pyroxene, and XRD identified skarn mineralogies from near-pure magnetite to diopside-rich calc-silicate. Base and precious metals were present at trace levels: TREE-C27-2-103 returned peak copper (948 ppm; 0.095%) and cobalt (184 ppm; 0.018%) values, with zinc of 251 ppm as ZnO (0.025% ZnO), and TREE-C27-2-107 recorded chromium of 368 ppm as Cr₂O₃ (0.037%). Silver was detected in all four samples, ranging from 4.8 to 11.5 ppm (0.0005-0.0012%). UCT completed a preliminary mineralogical study of C27 drill core using micro-XRF and QEMSCAN, analyzing eleven sections from drillholes 1822C27_6 and 1822C27_2. Both techniques indicated that cerium-rich allanite (Ce-allanite) is the principal REE host, making up 26-27% by weight of minerals in the main zone of 1822C27_6 (161.1 m and 161.8 m), but below 0.2% in weakly mineralized sections. Apatite made up no more than 2.8% of any section analyzed. In two sections from the same one-meter interval, Ce-allanite content varied sharply: 26.6% and 0.1%. The rare earth minerals are heterogeneous at the centimeter scale. These findings will guide core logging and sampling in the upcoming planned drill program, with follow-up electron-microprobe, LA-ICP-MS, and oxygen-isotope work planned. The C27 skarn mineralogy is comparable to Bastnäs-type REE skarns of Sweden, the Sin Quyen copper mine in Vietnam, and gold-copper skarn systems of Yunnan, China. Battelle completed a first-stage artificial-intelligence model trained on Tsodilo's Gcwihaba exploration database, integrating drillhole geochemistry with regional gravity, magnetic, and electromagnetic survey data. The model is intended to support identification of REE-anomalous drillholes and performed comparably to a standard benchmark in internal testing, with performance expected to improve as more data are incorporated. Tsodilo intends to use the model's output to rank exploration target areas and identify additional areas for follow-up exploration and future drilling. James M. Bruchs, Chairman and CEO, commented that the collaborations are advancing the Gcwihaba exploration value chain and building in-country capability in Botswana. The results are preliminary findings from geological studies of a small number of selected drill-core samples and sections, presented for geological scientific context only, and are not directly comparable with previously reported oxide-basis TREO drill intercepts. The Battelle model is a research and exploration-ranking tool, not a drilling recommendation or economic assessment.

Canamera Announces Closing of Rights Offering

(CSE:EMET, OTCQB:EMETF, FSE:4LF0) Canamera Energy Metals Corp. has closed its previously announced rights offering to eligible holders of its common shares. At closing, the company had 153,099,226 common shares issued and outstanding, including 76,524,613 common shares issued pursuant to the rights offering at a price of $0.01 per common share, for aggregate gross proceeds of $765,246.13. The rights offering expired at 4:00 p.m. (Vancouver time) on October 9, 2026, after which unexercised rights became void. In connection with the rights offering, Canamera entered into a standby guarantee agreement with 1357508 B.C. Ltd. and Nico Consulting Inc., under which the standby guarantors agreed to subscribe for such number of common shares as necessary to guarantee gross proceeds of not less than $765,246.13. As the additional subscription privilege was oversubscribed, the standby guarantors did not purchase any common shares under the standby guarantee. For providing the standby guarantee, Canamera paid the standby guarantors an aggregate standby fee of $38,262.30 ($19,131.15 to each) and issued an aggregate of 7,652,460 non-transferable common share purchase warrants (3,826,230 to each), exercisable at $0.18 per common share at any time prior to 4:00 p.m. (Vancouver time) on October 9, 2031. No common shares were distributed to insiders under either the basic or additional subscription privileges. 35,189,297 common shares were distributed to all other persons as a group under the basic subscription privilege, and 41,335,316 common shares were distributed to all other persons as a group under the additional subscription privilege. The company states that, to its knowledge after reasonable inquiry, no person who was not an insider before the rights offering became an insider as a result of the offering. The proceeds of the rights offering are expected to be used for exploration expenditures on the Turvolandia Rare Earth Project in Brazil, mineral claim management expenses for properties in Colorado and Wyoming, and for general and administrative expenses. Canamera also notes it will continue to pursue other capital raising initiatives.

Powermax Minerals Announces Rights Offering

(CSE:PMAX) (OTCQB:PWMXF) (FSE:T23) Powermax Minerals Inc. has announced a rights offering to raise gross proceeds of up to $435,098.43. The company will issue 43,509,843 rights to shareholders of record as of October 15, 2026, on the basis of one right for each common share held. Each right entitles the holder to subscribe for one common share at a subscription price of $0.01 per share. Upon completion of the rights offering and assuming all rights are exercised, Powermax will have 87,019,686 shares outstanding on a pre-consolidation basis, with the shares issued under the rights offering representing 50% of the total. Powermax has entered into a standby guaranty agreement dated October 8, 2026, with 1357508 B.C. Ltd. and Bosom Holding Inc., under which the standby guarantors have agreed to fully guarantee the rights offering for an aggregate price of $435,098.43, subject to a 9.99% beneficial ownership limitation for each guarantor. The standby guarantors currently hold 55,000 shares, representing 0.12% of the company's total issued and outstanding shares. If the standby guarantors acquire all shares under the standby guaranty and their basic subscription privilege, they will hold 43,509,843 shares. As consideration for the standby guaranty, Powermax will pay a standby fee equal to 5% of the total amount of the standby guaranty and will issue non-transferable bonus share purchase warrants to the standby guarantors, entitling them to purchase up to 4,350,984 shares (10% of the total number of shares committed to purchase) at a price of $0.20 per share for three years from the expiry date. The rights offering will expire at 4:00 p.m. (Vancouver time) on November 9, 2026, after which unexercised rights will be void. Shareholders who fully exercise their rights will be entitled to subscribe for additional shares, if available, as a result of unexercised rights prior to the expiry time, subject to limitations in the company's rights offering circular dated October 15, 2026. The company expects to close the rights offering on or before November 17, 2026. The rights will be offered to shareholders resident in all provinces and territories of Canada (except Quebec) and all jurisdictions outside Canada and the United States that provide a substantially similar prospectus exemption. The proceeds of the rights offering are expected to be used for exploration expenditures and mineral claim management expenses for the company's Canadian projects and general and administrative expenses. Powermax intends to complete a consolidation of its issued and outstanding shares following the closing of the rights offering, on the basis of one post-consolidation share for up to six pre-consolidation shares, or such lesser amount as determined by the company. No fractional shares will be issued pursuant to the consolidation. Powermax holds an option to acquire the Cameron REE Project in British Columbia and has interests in the Atikokan, Hopkins, and Pinard REE properties in Ontario. The company also owns a 100% interest in the Ogden Bear Lodge REE Project in Crook County, Wyoming.

Lindian Resources' Kangankunde Rare Earths Project Advances Towards December First Production

(ASX:LIN) Lindian Resources Limited has provided an update on construction, mining activities, and commissioning readiness at its Kangankunde Rare Earths Project in Malawi. The company reports that construction is advancing towards commissioning and first monazite concentrate production, which is targeted for December 2026. Ore stockpiles at the project have increased to approximately 149,000 tonnes, representing an increase of about 24,000 tonnes or 19% from September 2026. Key power milestones have been achieved, including the commissioning of the 33kV overhead line to the transformer yard and the return of both 1,250 kVA plant transformers to site after successful factory acceptance testing. Site energisation is targeted for the first week of November 2026. The separation circuits are progressing, with structural steel in the WHIMS and MGS areas approximately 90% complete and shaking tables approximately 80% complete. The installation of the regrind mill has been completed. The transition to operations is underway, with initial operating personnel now on board and operator training commenced. Outbound concentrate logistics contracts are nearing finalisation. Lindian's Executive Director, Zac Komur, stated that Kangankunde is in the final stretch of construction, with a clear target of first monazite concentrate in December. He emphasized that the plant is taking shape, ore stockpiles are growing, and the focus is on completing the remaining work and commissioning safely. The ore stockpile tonnage is derived from the existing Ore Reserve estimates. The project remains on schedule for first production.

Dinero Ventures Announces $600,000 Private Placement

(TSXV:DNO) Dinero Ventures Ltd. announces its intention to complete a non-brokered private placement financing of up to 2,000,000 units at $0.30 per unit for gross proceeds of up to $600,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at an exercise price of $0.50 per share for a period of two years from the date of closing. The proceeds from the offering are intended to be used to advance exploration and development activities at the Mount Bisson rare earth project in British Columbia and for general working capital purposes. No finder's fees or commissions will be paid in connection with the offering. All securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. The offering is subject to all necessary regulatory approvals, including acceptance by the TSX Venture Exchange. The company announces that Bailey Kasum has resigned from her position as Director of the company. The company thanks Ms. Kasum for her contributions and wishes her well in her future endeavors. Ed Kruchkowski is identified as President of Dinero Ventures Ltd.

Powermax Minerals to Option Melba North Rare Earth Claims Adjacent to Hopkins Project

(CSE:PMAX) (OTCQB:PWMXF) (FSE:T23) Powermax Minerals Inc. has entered into a three-year option agreement with Gravel Ridge Resources Ltd. and 1544230 Ontario Inc. to acquire a 100% interest in the Melba North property, which consists of 10 unpatented mining claims comprising 160 cells over approximately 3,360 hectares in northern Ontario, adjacent to Powermax's Hopkins REE property. The option is subject to a 1.5% net smelter returns royalty (NSR Royalty) in favour of the Optionors and to applicable exchange approval. The Melba North property is located in the Clay-Howells townships area of northern Ontario and overlies rocks of the Clay-Howells Alkalic Rock Complex. The option terms require cash payments of C$14,000 on signing, C$18,000 on the first anniversary, C$24,000 on the second anniversary, and C$30,000 on the third anniversary, for a total cash consideration of C$86,000. In addition, 400,000 common shares are issuable within seven business days after receipt of applicable exchange approval. The 1.5% NSR Royalty is payable upon exercise of the option, and Powermax may repurchase 0.5% of the royalty for C$500,000, reducing it to 1.0%. A November 2025 assessment work report by Laurentia Exploration Inc. for Argyle Resources Corp. documents seven heli-portable BTW size diamond drill holes totaling 1,983 metres on the Clay-Howells claims, including claims listed in the North Melba option schedule. Selected historical assay highlights include: CH-25-02 intersected 3.05 m grading 0.33% TREO from 144.95 m to 148.00 m, within a broader 16.55 m interval grading 0.16% TREO from 135.00 m to 151.55 m; CH-25-04 intersected 15.00 m grading 0.28% TREO from 163.50 m to 178.50 m, including 7.65 m grading 0.34% TREO from 163.50 m to 171.15 m; CH-25-06 intersected 24.50 m grading 0.17% TREO from 12.00 m to 36.50 m, including 1.50 m grading 0.40% TREO, and a separate 10.50 m interval grading 0.23% TREO from 87.00 m to 97.50 m, including 3.70 m grading 0.45% TREO. Across the selected samples, 49 returned more than 0.17% TREO, 20 above 0.30% TREO, and six above 0.50% TREO, with the highest reported sample interval being 0.76% TREO over 0.60 m. TREO is reported as the sum of rare earth element oxides. The 2025 report lists Permit No. PR-25-000130, issued September 2, 2025; Powermax will confirm the permit remains valid and covers the planned work before mobilization. Paul Gorman, Chief Executive Officer of Powermax, stated that Melba North adds an important land position beside Hopkins and allows evaluation of the two areas within a coordinated exploration framework. Powermax intends to include Melba North in its current Hopkins-area work, integrating the historical drill database with mapping, sampling, and geophysical data to refine targets and assess follow-up drilling. Afzaal Pirzada, P.Geo., a Director of the Company and a Qualified Person as defined in National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.

NIOB Airborne Survey Identifies Rare Earth Targets at Bardy SE

(CSE:NIOB) (FSE:KS82.F) (OTCQB:NIOMF) North American Niobium and Critical Minerals Corp. has identified a thorium high, wrapped in an alkaline intrusion, within a grab sample of rare earths at Target BSE-05 on its Bardy SE property. The Bardy SE property is near La Tuque, Quebec, and hosts an alkaline intrusion approximately 981 million years old. The company’s fixed-wing aeromagnetic gradient and gamma-ray spectrometry survey, flown in August and finalized with data delivered on September 11, identified two priority rare earth element-niobium target areas: BSE-05 and BSE-04. BSE-05 is a thorium high within the Bardy alkaline intrusion, where a historical government grab sample returned 0.14% total rare earth elements, or approximately 0.17% total rare earth oxides, over a uranium-thorium radiometric anomaly. BSE-04 is a radiometric high at the contact between the intrusion and the surrounding metasedimentary rocks. The Bardy SE radiometric highs are of similar magnitude to the radiometric high over the Niobec niobium mine in Saint-Honoré, Quebec, which is one of only three niobium producers in the world and the only one in North America. The survey was conducted by Terraquest Ltd. using a Piper PA-31-350 Navajo Chieftain, with magnetic data acquired at 10 Hz from three magnetometers and radiometric data at 1 Hz with a 256-channel gamma-ray spectrometer. Final levelled grids at a 25-metre cell size were delivered. The targets were identified on the equivalent thorium grid and checked against the thorium-potassium ratio, magnetic data, mapped geology, and historical rock samples. The Bardy SE property is part of a district-scale land package covering 29,936 hectares in Quebec’s Grenville Province. The company’s Quebec properties host rare earth element, niobium, and nickel-copper occurrences. The Silver Lake property in British Columbia’s Omineca Mining Division is also part of the company’s portfolio. The company is planning a Phase 2 drilling program at Bardy SE, expected to begin once the fall hunting season ends in late October. Murray Nye is the Chief Executive Officer of North American Niobium and Critical Minerals Corp. Clyde McMillan, P.Geo., a consultant to the company, is the Qualified Person as defined under NI 43-101 and has reviewed and approved the technical information. The geophysical data were acquired and processed by Terraquest Ltd., an independent geophysical contractor. The company notes that the exploration targets described are not mineral resources, and there is no certainty that drilling will intersect rare earth or niobium mineralization at any target. Historical results from the Québec government SIGEOM database are referenced, but have not been verified by the Qualified Person and should not be relied upon. The company’s exploration targets are based on indirect airborne magnetic and radiometric data.

Namibia Critical Metals Provides Update on Lofdal Joint Venture Transaction

(TSXV:NMI, OTCQB:NMREF) Namibia Critical Metals Inc. provides an update on the transaction relating to the Lofdal Heavy Rare Earth Project in Namibia, as previously disclosed in news releases dated July 30, 2026 and August 31, 2026. The company is working with joint venture partners Japan Organization for Metals and Energy Security (JOGMEC) and Toyota Tsusho Corporation to finalize definitive shareholder arrangements for the new joint venture ownership structure and to issue a 50% interest to TJNREC. The shareholder and regulatory consent process is expected to continue for up to another 30 days. Namibia Critical Metals owns a 95% interest in the Lofdal project, with the remaining 5% held for the benefit of Historically Disadvantaged Namibians. Under the JOGMEC agreement, JOGMEC provides C$3,000,000 in Term 1 and C$7,000,000 in Term 2 to earn a 40% interest in the Lofdal project. Term 3 requires a further C$13,000,000 of expenditures to earn an additional 10% interest. JOGMEC can purchase another 1% for C$5,000,000 and has the first right of refusal to fully fund the project through to commercial production and to purchase all production at market prices. NMI's interest cannot be diluted below 21% provided NCMI pays JOGMEC $5 million for dilution protection, and the Historically Disadvantaged Namibian entity shareholder cannot be diluted below a 5% carried working interest as a condition of the mining license. NMI may elect to participate up to a maximum of 44% or 45% by funding pro rata after a Final Investment Decision. If NMI defaults on funding commitments and is diluted below 10%, its interest converts to a 1% NSR. JOGMEC and Toyota Tsusho Corporation have satisfied the funding requirements to earn a 50% interest by reaching the C$23 million expenditure requirement. JOGMEC previously provided Lynas with USD$250,000,000 in loans and equity in 2011 and invested a further USD$134 million in 2023 to secure supplies of rare earth metals for Japanese industry.

ACLARA COMPLETES BASIC ENGINEERING FOR ITS U.S. HEAVY RARE EARTHS SEPARATION FACILITY IN LOUISIANA

(TSX:ARA) Aclara Resources Inc. announced the completion of basic engineering for its planned heavy rare earths separation facility, Project Dynamo, in Louisiana, United States. The basic engineering was completed by Hatch Ltd. and establishes the technical basis for detailed engineering, procurement, and construction. Project Dynamo is designed to process super-pure mixed rare earth carbonate (SPREC) from Aclara's ionic clay projects in Chile and Brazil, producing high-purity separated rare earth oxides including dysprosium (Dy), terbium (Tb), yttrium (Y), gadolinium (Gd), samarium (Sm), and neodymium-praseodymium (NdPr). Site preparation is targeted to commence in Q1 2027, subject to financing and other customary conditions, with construction completion targeted in H2 2028. The facility is specifically designed to process Aclara's SPREC, which is considered non-radioactive and non-regulated for shipment and processing in all jurisdictions where Aclara operates, as confirmed by independent laboratory testing by SGS Lakefield. Aclara's demonstration facility at the Virginia Tech Corporate Research Center has already produced NdPr oxide to target specifications, with Dy and Tb oxide production targeted for Q4 2026. Metallurgical recovery estimates have improved: Dy to ~97.9% (from 95%) with 99.5% purity, Tb to ~97.7% (from 95%) with 99.9% purity, Y to ~85.7% with 99.9% purity, Gd to ~86.7% with 99.9% purity, Sm to ~96.3% with 99.5% purity, and NdPr to ~98.9% (from 95%) with 99.5% purity. Targeted average annual production at full capacity is: Dy oxide ~200 tonnes (previously 140 tonnes), Tb oxide ~35 tonnes (previously 25 tonnes), Y oxide ~1,350 tonnes (new), Gd oxide ~180 tonnes (new), Sm oxide ~190 tonnes (new), and NdPr oxide ~1,300 tonnes (previously 1,100 tonnes). The AACE International Class 3 construction capital estimate (Capex) is approximately US$494 million, up from a Class 5 conceptual estimate of US$277 million, reflecting expanded project scope and greater cost certainty. The project now includes 42% higher Dy and Tb separation capacity, three additional separation circuits for Y, Gd, and Sm, and an increase in mixer-settlers from 340 to 478, resulting in approximately 157% more total separated high-purity oxide production. 100% of major equipment packages have been quoted by experienced suppliers, with approximately 86% of equipment packages and 100% of electrical packages expected to be procured in the United States. The operating cost estimate (Opex) has been reduced by approximately 32% to US$26/kg of oxide produced, from US$38/kg at the conceptual stage, excluding SPREC feedstock costs. Based on Capex, Opex, and Argus Media pricing assumptions, the project is estimated to generate an after-tax NPV of US$773 million at an 8.0% discount rate, an after-tax IRR of 27.9%, and a payback period of 2.6 years. The air permit from the Louisiana Department of Environmental Quality was secured in September 2026, representing the principal environmental permitting milestone. Aclara previously announced an estimated US$46.4 million package of incentives, infrastructure support, and workforce development programs from the State of Louisiana, including the Industrial Tax Exemption Program, High Impact Jobs Program, infrastructure support, and LED FastStart®, subject to approvals and performance requirements. Aclara is pursuing a potential long-term financing pathway with the Export-Import Bank of the United States (EXIM), which issued a Letter of Interest on September 4, 2026, indicating willingness to consider financing of up to US$750 million with a repayment tenor of up to 15 years under the Make More in America initiative. The Letter of Interest is non-binding and subject to EXIM's standard due diligence and approval processes. Aclara is progressing toward submission of its formal EXIM financing application. The Virginia Tech demonstration plant is validating the separation process and expanding to include dedicated circuits for Y, Gd, and Sm, with the Y circuit being installed and commissioned and Gd and Sm equipment expected later in Q4 2026. Aclara is also developing an AI-enabled digital twin with Argonne National Laboratory, selected under the U.S. Department of Energy's Genesis Mission, to improve process performance and support scale-up. Project Dynamo is planned for an approximately 82-acre Louisiana Economic Development Certified Site at the Port of Vinton, providing infrastructure and logistics for a large-scale solvent extraction facility and future downstream metals and alloys facility. Next steps include advancing detailed engineering, procurement, site preparation in Q1 2027, submitting the formal EXIM financing application, expanding the Virginia Tech demonstration plant, advancing the AI-enabled digital twin, and continuing customer qualification and partnership discussions.

Greenland Mines Welcomes EU Selection of Neo Performance Materials’ Silmet 2.0 as Strategic Project; Highlights Sarfartoq’s Potential Role in Secure Transatlantic Rare Earth Supply

(NASDAQ:GRML; FSE:HK6) Greenland Mines Ltd announced that the European Commission has selected Neo Performance Materials Inc.’s Silmet 2.0 development plan as one of 46 new Strategic Projects under the European Union’s Critical Raw Materials Act (CRMA). The European Commission made this selection on October 9, 2026, choosing 46 projects across 16 Member States to enhance and diversify European critical raw material supplies. Silmet 2.0 is Neo’s plan to adapt infrastructure and production processes at its rare earth separation facility in Sillamäe, Estonia, to accommodate new sources of raw material. Neo is a strategic shareholder in Greenland Mines and holds offtake rights for up to 60% of future Sarfartoq ore or mineral concentrate production. The Sarfartoq project in Greenland is an advanced NdPr-dominated rare earth resource, while Silmet is an established European separation facility. Dr. Bo Møller Stensgaard, President of Greenland Mines, stated that Sarfartoq can become strategically significant by connecting Greenlandic rare earth resources to European separation capacity and Western manufacturing markets. On September 22, 2026, a security agreement was signed among the United States, Greenland, and Denmark, reinforcing Greenland’s importance to Arctic and North Atlantic security and cooperation. Greenland Mines believes that these European and U.S. developments highlight the need for coordinated investment among trusted jurisdictions with complementary resources, technology, processing capacity, infrastructure, and capital. The company’s North Atlantic Critical Metals Corridor vision aims to connect Greenlandic resources with European and North American logistics, processing, technology, capital, and industrial markets. The Skaergaard Project in southeast Greenland provides exposure to palladium, platinum, and gold, along with potential by-products. Dr. Stensgaard emphasized that Greenland Mines is building a platform to connect its resources with allied processing and industrial capacity, aiming to create long-term value in Greenland through responsible development and stakeholder cooperation. The selection of Silmet 2.0 is seen as adding momentum to this vision.

Defense Metals Resource Upgrade Drilling Intersects 2.33% TREO over 153 Metres at the Wicheeda Rare Earth Project

(TSXV:DEFN) (OTCQB:DFMTF) (FSE:35D) Defense Metals Corp. announced assay results for the final ten core drill holes, totaling 1,702 metres, completed during spring 2026 at its 100% owned Wicheeda Rare Earth Project near Prince George, Canada. The ten drill holes intersected significant widths of high to moderate grade Rare Earth Element mineralization within the pit confines defined by the 2025 Preliminary Feasibility Study (PFS). The resource infill drilling was designed to upgrade a significant tonnage of inferred resources, constrained within the current Wicheeda Project PFS ultimate pit design, to an indicated or better category. With the receipt of final 2026 resource upgrade drilling assays, the company intends to update its geological and mineral resource block models to quantify potential changes to the Wicheeda Project mineral resource estimate (MRE). Of the 19 inferred resource upgrade drill holes totaling 2,887 metres, drill assays on average were 87% of predicted inferred block model grades. Drill hole WI26-104 returned the highest-grade x width intercept of the 2026 drill campaign and yielded drill assays 34% higher than predicted inferred block model grades along the southern pit wall. In the western pit wall area, 6 of 7 drill holes returned assays that exceeded predicted inferred block model grades with an average increase of 24%. Within the southern pit area, drill holes returned assays at 76% of predicted inferred block model grades due to a local 20 metre northward shift of the mineralized contact, but WI26-104 notably returned 34% higher than predicted grades. Drill holes WI26-102 and WI26-103 targeted the southern PFS ultimate pit wall, with WI26-102 yielding 3.25% TREO over 34.3 metres within a broader interval averaging 2.26% TREO over 91.4 metres, and WI26-103 returning 2.57% TREO over 87.7 metres within a broader interval averaging 2.13% TREO over 115.5 metres. WI26-104 intersected 2.33% TREO over 153.2 metres. In the west pit wall, WI26-109 returned 1.51% TREO over 66.8 metres within a broader interval grading 1.00% TREO over 134.4 metres; WI26-110 graded 2.10% TREO over 54 metres within a broader interval averaging 1.21% TREO over 182.1 metres; and WI26-111 cut 1.89% TREO over 122.55 metres. WI26-114 intersected a 117 metre interval grading 2.68% TREO. The 2026 Wicheeda Project drill program comprised 31 core drill holes totaling 5,345 metres, including 20 holes (3,136 metres) of resource upgrade and infill drilling, 7 holes (1,507 metres) pit slope geotechnical drilling, and 4 holes (702 metres) waste rock geochemical drilling. Analytical work was performed by ALS Canada Ltd., an ISO-IEC 17025:2017 and ISO 9001:2015 accredited laboratory. The scientific and technical information was reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), Principal and Consultant of APEX Geoscience Ltd. and a consultant to the company.

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