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

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

New analytical results are presented below (see Table 1), including 33 mineralized intercepts from nine new drill holes. Infill intercepts are located inside the 2024 MRE model ( see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both’). Maps showing hole locations are available at www.osiskometals.com .

Highlights:

• Drill hole 30-1107
  • 592.0 metres averaging 0.33% Cu (0.46 CuEq) (infill and expansion)
• Drill hole 30-1112
  • 868.5 metres averaging 0.23% Cu (0.30 CuEq) (infill and expansion)
• Drill hole 30-1114
  • 142.1 metres averaging 0.39% Cu (0.47 CuEq) (expansion)
• Drill hole 30-1116
  • 565.5 metres averaging 0.22% Cu (0.29 CuEq) (infill and expansion)
• Drill hole 30-1119
  • 46.4 metres averaging 1.10% Cu (1.25 CuEq) (expansion)
• Drill hole 30-1122
  • 760.5 metres averaging 0.24% Cu (0.30 CuEq) (infill and expansion)
• Drill hole 30-1124
  • 200.5 metres averaging 0.32% Cu (0.37 CuEq) (expansion)
  • 203.2 metres averaging 0.37% Cu (0.39 CuEq) (expansion)

Table 1: Infill and Expansion Drilling Results

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

Discussion

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

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

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

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

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

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

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

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

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

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

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

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

Table 2: Drill hole locations

Explanatory note regarding copper-equivalent grades

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

Qualified Person

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

Quality Assurance / Quality Control

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

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

About Osisko Metals

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

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

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

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

Cautionary Statement on Forward-Looking Information

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

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

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

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/b75a44c9-c3d1-4549-9e5b-30807d2ef1cd

https://www.globenewswire.com/NewsRoom/AttachmentNg/9c2ebe67-e04a-4037-8b72-6a6775067a1c

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

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

About Group Eleven Resources Corp.

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

About The New Orleans Investment Conference

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

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

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

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

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

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

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

Highlights:

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

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

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

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

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

• Anomalies locally extend zones with strong historic drilling results:

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

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

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

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

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

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

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

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

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

Figure 1. Plan Map of Adams Plateau Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/272263_f36bf0005410fa22_002full.jpg

Table 1. Sampling result highlights

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

Adams Plateau Project

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

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

Results and highlights from 2025 rock sampling program include:

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

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

Results and highlights from the 2025 soil geochemical survey include:

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

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

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

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

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

Next Steps

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

Quality Assurance & Quality Control

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

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

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

Technical Disclosure

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

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

References

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

About Silver47 Exploration

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

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

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

FORWARD-LOOKING STATEMENTS

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

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

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

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

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

Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: 9SU0) (‘Standard Uranium’ or the ‘Company’) is pleased to announce that it has closed the final tranche (the ‘Final Tranche’) of its non-brokered private placement (the ‘Offering’) for gross proceeds of $1,513,500. When combined with earlier tranches, the Company has raised gross proceeds of $3,337,400 in connection with the Offering through the issuance of 15,598,750 non-flow-through units (each, an ‘NFT Unit’) at a price of $0.08 per NFT Unit and 20,895,000 flow-through units (each, an ‘FT Unit’) at a price of $0.10 per FT Unit.

The Company anticipates the net proceeds raised from the Offering will be used for the exploration of the Company’s Saskatchewan uranium projects and for working capital purposes.

In connection with closing of the Final Tranche, the Company issued 15,135,000 FT Units at a price of $0.10 per FT Unit. Each FT Unit consists of one common share of the Company issued as a flow-through share within the meaning of the Income Tax Act (Canada), and one-half of one common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of $0.15 at any time on or before October 28, 2027.

In connection with closing of the Final Tranche, the Company paid finders’ fees of $69,360 and issued 693,600 non-transferable share purchase warrants (each, a ‘Finders’ Warrant‘) to certain arms-length parties who assisted in introducing subscribers to the Offering. Each Finders’ Warrant is exercisable on the same terms as the Warrants. All securities issued pursuant to the Final Tranche, and any shares that may be issuable on exercise of any Warrants or Finders’ Warrants, are subject to a statutory hold period until March 1, 2026.

The Company also clarifies that in connection with completion of the first tranche of the Offering on September 16, 2025, a finders’ fee in the amount of $3,000 and 37,500 Finders’ Warrants was paid to Alpha Bronze, LLC, an arms-length party. In connection with completion of the second tranche of the Offering on September 24, 2025, a finders’ fee in the amount of $3,000 and 30,000 Finders’ Warrants was paid to 2506153 Alberta Inc., a company controlled by David Lin, an arms-length party. For further information concerning the first and second tranche of the Offering, readers are encouraged to review the news releases issued by the Company on September 16, 2025 and September 24, 2025.

About Standard Uranium (TSXV: STND,OTC:STTDF)

We find the fuel to power a clean energy future

Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world’s richest uranium district. The Company holds interest in over 233,455 acres (94,476 hectares) in the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.

Standard Uranium’s Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.

Standard Uranium’s eastern Athabasca projects comprise over 42,384 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

Standard Uranium’s Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by sufficient drilling despite its location proximal to uranium discoveries in the area.

Cautionary Statement Regarding Forward-Looking Statements

This news release contains ‘forward-looking statements’ or ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds from the Offering.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the ‘Risks and Uncertainties’ in the Company’s management discussion and analysis for the fiscal year ended April 30, 2025.

Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company’s actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: the future price of uranium; anticipated costs and the Company’s ability to raise additional capital if and when necessary; volatility in the market price of the Company’s securities; future sales of the Company’s securities; the Company’s ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company’s mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions.

The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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

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

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