Fredonia Mining Inc. Announces Filing of Technical Report in Connection with Preliminary Economic Assessment on the EDM Project

(TSXV:FRED) Fredonia Mining Inc. has filed a technical report supporting the results of a preliminary economic assessment (PEA) for its wholly-owned El Dorado Monserrat (EDM) gold & silver project in Santa Cruz province, Argentina. The technical report is titled “NI 43-101 Technical Report - Preliminary Economic Assessment, El Dorado - Monserrat Gold-Silver Project” and has an effective date of August 17, 2026. The report was prepared by Sergio Alvarado Casas, R.M. (Geology) of the Comisión Calificadora de Competencias en Recursos y Reservas Mineras de Chile (CMC) (#004), Ricardo Muñoz González, R.M. (Mining) of the CMC (#005) and MAusIMM (Registration No. 312,131), and Carlos Puga Gómez, R.M. (Mining) of the CMC (#180). All three are qualified persons as defined by Canadian National Instrument 43-101. Sergio Alvarado Casas, Geologist, is the principal author of the technical report and provides services to Fredonia Mining Inc. as an independent consultant through Geoinvest Limitada. Mr. Alvarado is a Registered Member (R.M. No. 004) of the CMC and a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM No. 3210103). Fredonia holds gold and silver license areas totaling approximately 64,000 ha in the Deseado Massif geological region in Santa Cruz, Argentina. The flagship EDM project covers approximately 33,500 ha and is located near AngloGold Ashanti’s Cerro Vanguardia gold-silver mine. The El Águila project covers approximately 9,100 ha, and the Hornia project covers approximately 21,500 ha. AngloGold Ashanti’s Cerro Vanguardia mine produced approximately 180,000 ounces of gold during the twelve months ended June 30, 2026, calculated from 179,000 ounces in 2025, less 94,000 ounces produced in the first half of 2025, plus 95,000 ounces produced in the first half of 2026. Scientific and technical information concerning the Cerro Vanguardia mine was obtained from AngloGold Ashanti plc’s public disclosures and has not been independently verified by Fredonia’s Qualified Person. Information about Cerro Vanguardia is not necessarily indicative of the mineralization, Mineral Resources, or Mineral Reserves on, or the economic potential of, the EDM Project.

Fredonia Announces Closing of C$11.5M Bought Deal Private Placement Including Full Exercise of Underwriters’ Option

(TSXV:FRED) The announcement states that it is not for distribution to United States newswire services or for dissemination in the United States. It also clarifies that it is not an offer of securities for sale in the United States. No further details, figures, executive names, project names, contract terms, or operational updates are provided in the source text.

Fredonia Mining Inc. Advances PEA and Expands District Position at El Dorado Monserrat

(TSXV:FRED) Fredonia Mining Inc. announced an update on its flagship El Dorado Monserrat ("EDM") Project in Santa Cruz Province, Argentina, highlighting ongoing technical and corporate developments. The Company is advancing a Preliminary Economic Assessment ("PEA") for the EDM Project, targeting completion in August 2026, with technical and engineering consultants supporting the process. Since April 16, 2026, Fredonia has commenced a 10,000-metre diamond drill program at EDM, with approximately 1,800 metres of drilling completed to date and samples submitted for laboratory analysis. Recent property acquisitions, including those from Pan American Silver Corp. and the Judite property, have expanded Fredonia's land package and improved continuity between mineralized trends in the district. Fredonia holds gold and silver license areas totaling approximately 64,000 ha. in the Deseado Massif region, with the EDM project covering approximately 33,500 ha., the El Aguila project approximately 9,100 ha., and the Hornia project approximately 21,500 ha. The company projects that the first assay results from the current drill program are expected within approximately two weeks and anticipates a steady pace of progress throughout the remainder of 2026.

Fredonia Mining Inc. Announces Addition of Constantine Karayannopoulos to Board of Directors

Fredonia Mining Inc. (TSXV: FRED) announced the appointment of Mr. Constantine Karayannopoulos as a director of the Company, increasing the size of the board to six directors. Mr. Karayannopoulos is the co-founder of Neo Performance Materials Inc. and served as Chief Executive Officer from 2005 to 2012 and again from 2020 until his retirement in July 2023. Under his leadership, Neo Material Technologies was acquired by Molycorp Inc. in a transaction valued at approximately US$1.3 billion. He also co-founded and served as non-executive Chairman of Neo Lithium Corp. from 2016 until its acquisition in 2022 for approximately US$960 million. Fredonia holds gold and silver license areas totaling approximately 64,000 ha. in the Deseado Massif geological region in the Province of Santa Cruz, Argentina, including its flagship advanced EDM project (approx. 33,500 ha.), the El Aguila project (approx. 9,100 ha.), and the Hornia project (approx. 21 500 ha). The EDM project is located close to AngloGold Ashanti’s approximately 200,000 oz./yr Au-Ag Cerro Vanguardia mine. The company aims to position EDM as a potential future gold-producing operation in Santa Cruz.

Fredonia Expands El Dorado–Monserrat District to ~33,500 Hectares, Consolidating a Continuous Gold-Silver Corridor Adjacent to Cerro Vanguardia

Fredonia Mining Inc. (TSXV: FRED) has completed the acquisition of approximately 11,754 hectares of mineral properties from a subsidiary of Pan American Silver Corp., expanding its consolidated land position in the Deseado Massif, Santa Cruz Province, Argentina, from about 21,800 hectares to approximately 33,500 hectares—an increase of more than 50%. The acquired properties include prior mapping, trenching, limited drilling, and technical datasets, and are contiguous with Fredonia's flagship El Dorado–Monserrat (EDM) gold-silver project. The transaction involves a total cash consideration of US$225,000, payable in instalments, and is subject to a 1.5% NSR royalty and an additional 0.3% NSR royalty capped at US$800,000. Fredonia's EDM project currently hosts a measured and indicated mineral resource of approximately 2.25 million ounces of gold equivalent, and the company is advancing a Preliminary Economic Assessment alongside a 10,000-metre drill program.

Fredonia Mining Inc. Secures Strategic Judite Property

Fredonia Mining Inc. (TSXV:FRED) announced it has secured the Judite property, a gold and silver exploration license comprising 4,913 hectares in the Deseado Massif, Santa Cruz Province, Argentina. This acquisition expands Fredonia’s consolidated district land position to approximately 21,800 hectares, including its flagship El Dorado–Monserrat project and the Saturno area. The company settled outstanding concession fees of approximately US$25,000 to acquire Judite. Historical technical work indicates exploration potential at Judite, which is adjacent to the Cerro Vanguardia gold-silver mine. The property has not been systematically explored using modern methods and no mineral resource has been defined.