LOS ANGELES, CA, Mar 3, 2026 - (ACN Newswire via SeaPRwire.com) - Pacific Avenue Capital Partners ("Pacific Avenue"), a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, today announced that an affiliate of Pacific Avenue has entered into an agreement to acquire Care.com from IAC Inc. (NASDAQ:IAC).Care.com is a leading platform and brand in the growing $400 billion market for family care, anchored by the largest online network of background-checked child and senior caregivers in the U.S.Care.com operates both a scaled consumer marketplace and an enterprise benefits platform. Since 2007, more than 45 million people have turned to Care.com to find child care, senior care, pet care and housekeeping support. Care.com also partners with more than 700 employers, including many of the Fortune 100, to deliver care-related benefits that combine access to the Care.com platform and comprehensive backup care solutions provided in-home, in-center and through camps and activities, along with a broader suite of care support solutions.As a standalone company, Care.com will accelerate its enterprise expansion while continuing to strengthen its consumer marketplace. With Pacific Avenue's investment and support, the Company will move faster on product innovation, scale its employer partnerships, and enhance the platform experience for the millions of families and caregivers who rely on it."We are thrilled to announce the Care.com transaction, the first investment in Pacific Avenue Fund II. The transaction aligns perfectly with Pacific Avenue's track record of executing corporate carve-outs to acquire market-leading businesses. Care.com is an industry leader with a brand built on trust, a strong reputation, and a proven leadership team. Care.com has a clear path for growth as an independent, standalone company. We're excited to work with Brad, Michelle, and the Care.com team to unlock the company's full potential in serving families, caregivers, and its enterprise partners."- Chris Sznewajs, Founder and Managing Partner of Pacific Avenue"Caregiving is foundational to how families live and how businesses operate," said Brad Wilson, CEO of Care.com. "This partnership allows us to deepen our support for families and caregivers while expanding the ways we serve employers who recognize that caregiving is a workforce issue. We're entering this next chapter with strength, clarity, and a renewed commitment to building the most beloved platform for care.""Care.com enters this next chapter with a profitable foundation. This transaction positions us to further invest in our platform, expand our employer partnerships, and scale efficiently while maintaining the financial discipline that has strengthened our performance," said Michelle Arbov, Chief Financial Officer of Care.com.The transaction is subject to customary closing conditions and is expected to be completed in the first half of 2026.Moelis & Company LLC served as exclusive financial advisor to Pacific Avenue. Weil, Gotshal & Manges LLP served as legal advisor to Pacific Avenue.KPMG LLP provided accounting and tax advisory services. J.P. Morgan Securities LLC acted as exclusive financial advisor to IAC and Latham and Watkins LLP served as legal counsel to IAC.About Pacific Avenue Capital PartnersPacific Avenue Capital Partners is a global private equity firm headquartered in Los Angeles with an office in Paris. The firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has approximately $3.8 billion of Assets Under Management (AUM) as of September 30, 2025. For more information, please visit www.pacificavenuecapital.com.Contact InformationChris BaddonManaging Directorcbaddon@pacificavenuecapital.comSOURCE: Pacific Avenue Capital Partners Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SYDNEY, March 3, 2026 - (ACN Newswire via SeaPRwire.com) – Accounts payable automation company Lessn today announced that it exceeded $100 million being transacted on its platform in February 2026 within its first year of operations, as the company considers a new investment round.The platform’s accounts payable technology links to medium to large owner-operators businesses’ accounting systems, typically Xero or MYOB, with funding sources such as rewards cards and bank-to-bank. Its system allows companies to improve cash flow, earn rewards and take advantage of pay-early discounts whilst maximising accuracy, automation and security for accounts teams.Clients include medical centres, real estate and construction businesses along with high net worth family offices.Lessn founder David Grossman is optimistic about the company’s continued fast growth trajectory.“Lessn surged through its $2 million revenue milestone in February 2026 and grew fivefold in recent months. We have found a sweet spot at the higher end of the medium to large-sized business market serving businesses that make payments of more than $100,000 per month, some into the millions.”“Lessn's payments orchestration platform goes beyond card payments. It wraps around accounting, banking, and card portals, opening a wide range of payment features surrounding accounts payable. This suits businesses that want to maximise rewards points and reduce trade finance costs whilst ensuring audit trails across their AP,” he said.During recent months, the company has attracted growing interest from both existing and new investors reflecting its strong growth profile, with billionaire property developer Theo Onisforou among investors “very seriously considering investing in the next investment round.”Investors in Lessn include Brendan Cook, founder of oOh!media, Dean Swan of monday.com and Michael Masterman, co-founder of Element Zero and Po Valley Energy, with $3 million already been invested in the company and its unique technology.As the company has grown its valuation has increased significantly, with a small investment round having raised $300,000 at a valuation of $30 million in November 2025.The business claims a serviceable addressable market of more than 1 million small to medium business in Australia, valued at more than $36 billion[1]. The company also has opportunities for international growth where countries have similar payments environments including Asia, New Zealand and the UK.[1] Australian Small Business and Family Enterprise Ombudsman, 2025 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Technology Graphene Production Plant with Capacity of 10 Tons Per AnnumBrisbane, Australia--(Newsfile Corp. - March 2, 2026) - Graphene Manufacturing Group Limited (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that the Board of Directors of GMG has approved the investment of an additional AU$1.4 million, which is expected to complete the construction of the Company's Gen 2.0 Graphene Manufacturing Technology plant (the "Gen 2.0 Plant") capable of producing 10 tons of graphene per annum. The total capital cost for the Gen 2.0 Plant is an estimated AU$2.3 million, an expenditure that was largely included in the proposed use of proceeds for the March 2025 Bought Deal Financing of C$5,796,000.The Company's Board is happy with progress to date and is confident that the Gen 2.0 Plant project is on track to meet its original budget and expectation to be online by the middle of 2026. The early work and procurement of the long lead items is substantially complete, and engineering and design has commenced.The Gen 2.0 Plant is expected to be largely self-powered from standalone energy generation that utilizes renewable sources, an energy storage system and hydrogen enriched natural gas provided by tail gas power generation.Figure 1: GMG Headquarters LayoutTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/285998_graphene1.jpgGMG's Managing Director and CEO, Craig Nicol, commented: "We are very excited with the progress to date of the Gen 2.0 project and are looking forward to bringing the plant online - on time and on budget."GMG's Chairman and Director, Jack Perkowski, commented: "A successful Gen 2.0 project will form the basis for the Company's future expansion plans."Quarterly Financial Results UpdateThe Company is pleased to provide a further update to its most recent Quarterly Financial Results as published and filed on March 2, 2026. The Company's results are reported under International Financial Reporting Standards (IFRS). This news release may include certain Non-IFRS measures as reported in the Company's Quarterly Management Discussion and Analysis ("MD&A") that are used internally by management to assess the underlying operational performance of our business.Understanding the Non-Cash Warrant LiabilityAs at December 31, 2025, the Company had 18.6 million outstanding share purchase warrants with exercise prices denominated in Canadian dollars. Because GMG's functional currency is the Australian dollar, IFRS accounting standards require these warrants to be treated as a derivative financial liability and revalued at fair value each reporting period.During Q2 FY2026, GMG's share price increased 178%, a strong performance that reflects growing market confidence. However, under IFRS, this share price increase results in a higher calculated fair value for the warrant liability, which in turn generates a non-cash loss in the Company's statement of profit or loss and a corresponding increase in total liabilities on the balance sheet.Key Points for Shareholders:This accounting adjustment is entirely non-cash and does not affect GMG's cash position, operations, or business fundamentals.The Company's cash balance at December 31, 2025 was A$13.9 million, up from A$7.7 million at June 30, 2025.Excluding the warrant liability, the Company's underlying net assets position at December 31, 2025 was positive A$21.5 million.The warrant liability decreases when warrants are exercised (converting the liability to equity and adding cash), or when the warrants expire or when the share price declines. Subsequent to December 31, 2025, approximately 2.9 million warrants were exercised for gross proceeds of A$3.6 million, further strengthening the Company's cash position and reducing the warrant liability by a corresponding amount.Management views the warrant liability as a technical accounting matter that does not reflect the Company's operational performance or strategic progress. The Company's market capitalization at December 31, 2025 was approximately USD$200 million.Non-IFRS MeasuresA Non-IFRS measure that the Company refers to in its MD&A is EBITDA, which is revenue before finance costs, tax, depreciation and amortization, and after adjusting for certain non-cash items and other earnings adjustment items. The Company believes that EBITDA provides useful information to assess the operational performance of the business, however, Non-IFRS measures do not have a standardized meaning under IFRS, have not been subject to audit, and should not be considered as an indication of or alternative to an IFRS measure of financial performance.Table 1: Calculation of EBITDATo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/285998_66807f3f541149e1_017full.jpgThe following table provides the reconciliation of the underlying loss for the period and adjusted basic diluted loss per share, as adjusted and calculated by the Company. This reconciliation adjusts for the non-cash change in fair value of warrants which is included in the Company's Unaudited Condensed Consolidated Interim Statement of Profit or Loss and Other Comprehensive Income.Table 2: Calculation of the unaudited adjusted loss for the period and adjusted basic and diluted loss per share, as adjusted and calculated by the Company.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/285998_66807f3f541149e1_018full.jpg(1) Due to the loss recognized for the years, all outstanding stock options, warrants, broker warrants, restricted share units and performance share units were excluded from the calculation of diluted loss per share due to their anti-dilutive effect. (2) Calculated using loss for the period over the weighted average number of ordinary shares as per IFRS.(3) Calculated using adjusted loss for the period over the weighted average number of ordinary shares (non-IFRS measure).About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information, please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. These statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include, without limitation, statements regarding, expected capital requirements to complete the Gen 2.0 Plant, expected graphene production capacity of the Gen 2.0 Plant and the timing of its construction and commissioning, the extent to which the plant will be largely self-powered from standalone energy generation, the implications of the Gen 2.0 Plant on future expansion plans, the Company's assessment of the warrant liability as a technical accounting matter and management's view that this liability does not reflect operational performance, expectations regarding future warrant exercises, management's belief that EBITDA is a useful measure of operational performance, the Company's four critical business objectives.Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions that the Company's operational and strategic progress will continue, that the Gen 2.0 Plant will be constructed, commissioned and ramped up broadly on time and on budget, that the technology deployed at the Gen 2.0 Plant will perform as expected, that sufficient customer demand will develop for products produced at the Gen 2.0 Plant, that the warrant liability will decrease as warrants are exercised or expire, that the Company's cash position and business fundamentals remain strong, that future financial performance will improve, and that the accounting treatment of warrants under IFRS will remain unchanged.Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, fluctuations in the Company's share price that may increase the warrant liability, failure to complete or commission the Gen 2.0 Plant as currently planned, construction, cost-overrun, technology and ramp-up risks associated with the Gen 2.0 Plant, failure to achieve operational milestones, inability to commercialize products, changes in accounting standards, adverse market conditions, foreign exchange volatility, and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such 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 and forward looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285998 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NPV:After-tax NPV(5%) of C$6.73 billion and IRR of 23% at Consensus Metal Prices After-tax NPV(5%) of C$13.53 billion and IRR of 39% at Spot Metal Prices.NPV Including scandium and the associated processing circuit: After-tax NPV(5%) of C$6.94 billion an IRR of 19% at Consensus Metal PricesAfter-tax NPV(5%) of C$14.52 billion and IRR of 32% at Spot Metal Prices.Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - March 2, 2026) - Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce the results of its Preliminary Economic Assessment (PEA) of its 100%-owned polymetallic Hat porphyry project ("Hat" or "the Project"), in northwestern British Columbia. With major content of copper, gold, cobalt, silver, and scandium, Hat becomes an important source of critical minerals.Three processing scenarios were evaluated-Scenario A1 (A1) a Cu-Au-Ag-Co flotation base case using current testwork recoveries[1], Scenario A2 (A2), the same base case using expected recoveries1, and Scenario B (B), a Cu-Au-Ag-Co flowsheet with an added hydrometallurgical circuit and scandium recovery circuit-with results indicating the Project is financially attractive even without the scandium component.Highlights:Robust Project Economics: The PEA demonstrates a high-margin operation with an After-Tax NPV(5%) of C$4.96 billion (A1), C$6.73 billion (A2), or C$6.94 billion (B), and an IRR of 19% (A1), 23% (A2), or 19% (B) at analyst consensus metal prices[2]. Using a spot-price scenario[3], the Project delivers a compelling after-tax NPV(5%) of C$11.05 billion (A1), 13.53 billion (A2), or C$14.52 billion (B) and an IRR of 34% (A1), 39% (A2), or 32% (B).Sensitivity Highlight: Project economics show the greatest leverage to overall metal prices, with NPV (5%) ranging from C$3.2 billion to C$10.2 billion (IRR: 14%-32%) at ±20% on all metals; even under additional +20% CAPEX and +20% OPEX sensitivities, applied on top of a 25% contingency already embedded in the base case, all scenarios deliver IRRs of 16% or better, and Scenario B provides additional scandium oxide upside with NPV(5%) of C$6.2 billion-C$7.7 billion (IRR: 18%-20%) at ±40% metal price.Tier 1 Scale and Longevity: The mine plan supports a multi-decade life of 25 years at a 120,000 tonnes-per-day processing rate, underpinned by a resource base of 609 Mt at 0.43% CuEq[4] in the Measured and Indicated categories and 503 Mt at 0.41% CuEq4 in the Inferred category.High-Output Production Profile B: Envisioned as a conventional large-scale open-pit operation, the Project is expected to produce an average of over 74 kt of copper, 254 koz of gold, 376 koz of silver and 2.7 kt of cobalt annually during the first 10 years, with life-of-mine (LOM) average production of 67.6 kt Cu, 217 koz Au, 348 koz Ag, 2.5 kt Co, and 128 tonnes of scandium oxide per year. (NOTE: projected cobalt to be about 68% of North America's cobalt production based on 2024 production)Strategic Importance for Critical Minerals: The Project is positioned as a primary North American source of copper, scandium, and cobalt. With approximately 2.42 billion pounds of copper, 80 million pounds of cobalt and 2,415 tonnes of scandium oxide contained[5] in the Measured and Indicated categories, the Project represents an important discovery of critical minerals.Stable, Supportive Jurisdiction: Located in a premier mining district in British Columbia, the Project benefits from a stable regulatory environment. The Company is committed to engaging with local First Nations in a respectful manner and to working toward positive and constructive relationships as the Project advances.Catalyst for Development: The PEA serves as the technical foundation for an immediate transition into a Pre-Feasibility Study (PFS), providing a clear roadmap for early works and permitting activities in 2026 and 2027.Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented, "The results of this PEA confirm the scale, strength and long-term potential of the Hat Project. Delivering a post-tax NPV(5%) of up to C$6.94 billion and IRR of up to 23% at consensus prices, and even stronger metrics at spot prices, validates years of disciplined exploration and technical work by our team. Hat is demonstrating Tier 1 characteristics with a 25-year mine life, strong annual production profile and meaningful free cash flow generation. Importantly, the Project stands on its own without reliance on scandium, while still preserving significant upside from critical minerals as markets mature. We are excited to advance Hat to Pre-Feasibility and continue building a major Canadian critical metals project."Doubleview acknowledges that the Project is located on the traditional territories of the Tahltan Nation and the Taku River Tlingit First Nation, and recognizes their enduring relationship to and stewardship of the land and waters. Doubleview is committed to respectful, transparent, and ongoing engagement with First Nations and local communities whose territories overlap the Project area and access routes, with a focus on protecting water and the environment and advancing responsible development.PEA OVERVIEWThe PEA contemplates a conventional open-pit mine and processing operation with a 25-year mine life at a 120,000 t/d (42 Mt/a) plant throughput. Two processing pathways were evaluated, A1 and its alternative, A2, and B: the first alternative, A, is a Cu-Au-Ag-Co flotation concentrator with two recovery cases based on current metallurgical testwork, and A2, reflecting expected performance (Figure 1); and B, a full circuit that retains the base flowsheet and adds a downstream hydrometallurgical scandium recovery circuit (Figure 2).The tailings storage facility is a centreline-raised facility built with compacted cycloned sand from tailings underflow, and engineered drainage for stability, with site-contact waters (including seepage and pit dewatering) recycled to the process plant and final closure involving pond drainage and reclamation. The Project is expected to rely on grid power via an extended transmission line.Tables 1 to 3 summarize the key results of the PEA, including production, operating costs, capital expenditures, and the principal financial metrics; the sections that follow provide additional detail on the underlying assumptions, project design, and study outcomes.Table 1: PEA Study Summary-ProductionMetric UnitScenario A1Scenario A2Scenario BMining SummaryStrip ratiot:t1.60Production Summary LOMAverage Annual ThroughputMt42CuEq Head Grade[6], [7]%0.42Cu Head Grade%0.19Au Head Gradeg/t0.19Ag Head Gradeg/t0.51Co Head Gradeg/t0.78Sc Head Grade6g/t28.35Cu Recovery%808985[8]Au Recovery%6675898Ag Recovery%5353688Co Recovery%3030788Sc Recovery%N/A728Overall Mass of Tailings to Process[9]%N/A12.5Year of Production Start of Sc2O38yearN/A4Average Annual Cu Productionkt63.670.867.6Total Cu Productionkt1,590.51,769.41,689.9Average Annual Payable Cukt61.768.765.7Total Payable Cukt1,542.81,716.31,642.2Average Annual Au Productionkoz161.1183.1217.3Total Au Productionkoz4,028.24,577.55,432.0Average Annual Payable Aukoz153.1173.9207.5Total Payable Aukoz3,826.84,348.75,188.6Average Annual Ag Productionkoz271.3271.3348.0Total Ag Productionkoz6781.66,781.68,700.9Average Annual Payable Agkoz244.1244.1318.6Total Payable Agkoz6,103.46,103.47,965.3Average Annual Co Productionkt1.01.02.5Total Co Productionkt23.923.962.2Average Annual Payable Cokt0.80.82.3Total Payable Cokt19.119.156.3Average Annual Sc2O3 ProductiontN/A128.4Total Sc2O3 ProductiontN/A3,209.5Total Sc2O3 PayabletN/A3,049.0 Table 2: PEA Study Summary-Operating CostMetricUnitScenario A1Scenario A2Scenario BOperating Cost Average Mine Operating CostsC$/t-moved2.32Average Mine Operating CostsC$/t-milled6.03Processing Operating Cost[10]C$/t-milled7.937.9310.84Sc2O3 Processing Cost[11]C$/kg Sc2O3N/A939.55General & AdministrativeC$/t-milled2.562.562.56Total Operating CostsC$/t-milled16.2216.2222.96 Table 3: PEA Study Summary-Capital Expenditure and Financial MetricsMetricUnitScenario A1Scenario A2Scenario BCapital Expenditure Initial Capital CostsC$M3,5523,6013,828Sustaining Capital CostsC$M2,7552,7554,006Closure and Reclamation CostC$M503Financial Metrics Exchange RateCAD/USD1.37Long Term Copper PriceUS$/lb4.88Long Term Gold PriceUS$/oz3,272.60Long Term Silver PriceUS$/oz50.22Long Term Cobalt PriceUS$/lb19.57Long Term Scandium Oxide PriceUS$/kgN/A1,500Average Annual EBITDAC$M8861,0711,242Total EBITDAC$M22,16226,77031,041Average Annual Free Cash Flow (Pre-tax)C$M7569401,061Free Cash Flow (Pre-tax)[12]C$M18,90423,51126,532Total Provincial Tax (inc. BC Mineral Tax)C$M(4,029)(5,090)(5,772)Total Federal TaxC$M(1,274)(1,859)(2,170)Total TaxesC$M(5,303)(6,949)(7,942)Average Annual Free Cash Flow (Post-tax)C$M544662744Free Cash Flow (Post-tax)12C$M13,60116,56218,591Total Free Cash Flow (Pre-tax)[13]C$M15,35219,91022,704Total Free Cash Flow (Post-tax)12C$M10,05012,96114,763NPV 5% (Pre-tax)C$M7,88310,57611,043NPV 5% (Pre-tax)US$M5,7547,7208,061IRR (Pre-tax)%242923Payback (Pre-tax)yearsYear 5Year 4Year 6NPV 5% (Post-tax)C$M4,9636,7276,937NPV 5% (Post-tax)US$M3,6234,9115,064IRR (Post-tax)%192319Payback (Post-tax)YearsYear 6Year 5Year 7 Table 4 shows the Sensitivity analysis using after-tax NPV(5%) and after-tax IRR.Table 4: Sensitivity AnalysisVariableCase(%)Metal PriceScenario A1Scenario A2Scenario BNPV (5%) C$MIRR(%)NPV (5%)C$MIRR(%)NPV (5%)C$MIRR(%)Base Case Consensus forecast4,963196,727236,93719Copper Price-20US$3.90/lb Cu3,218154,807195,09415Copper Price+20US$5.86/lb Cu6,688238,632288,76422Gold Price-20US$2,618.08/oz3,625165,223195,20116Gold Price+20US$3,927.12/oz6,289228,222278,66122Metal Prices-20All metal prices1,708103,165142,65011Metal Prices+20All metal prices8,1182710,2333211,11026Initial CAPEX+20Variable per Scenario4,448166,222196,39416OPEX+20Variable per Scenario3,660165,438205,18516Scandium Oxide Price-40US$900/kg Sc2O3 6,15918Scandium Oxide Price+40US$2,100/kg Sc2O3 7,71420 MINERAL RESOURCE ESTIMATEDoubleview Gold Corp announced an update of the Mineral Resource estimate (MRE). This estimate followed the Micon International Ltd. (Micon) Mineral Resource estimate with an effective date of July 17, 2024. This MRE incorporates significant new data from the 2024 and 2025 exploration campaigns, with an effective date of February 4, 2026, and superseded the 2024 Micon estimate.Table 5: Hat MRE at a 0.2% CuEq Cut-Off Effective February 4, 2026Mineral Resource ClassificationTonnage(Mt)Average GradeMetal ContentCuEq(%)Cu(%)Au(g/t)Co(g/t)Ag(g/t)CuEq(Blb)Cu(Blb)Au(Moz)Co(Mlb)Ag(Moz)Measured2720.440.220.1876.260.372.611.111.4135.62.17Indicated3370.430.210.1976.810.393.211.311.8144.52.88Total M+I6090.430.210.1876.570.385.822.423.2280.15.05Inferred5030.410.180.1976.620.384.571.722.7766.24.19 Table 6: Hat MRE at a 0.2% CuEq Cut-Off as of February 4, 2026, Scandium Oxide ResourcesMineral Resource ClassificationTonnage(Mt)Sc Tonnage1(Mt)Average GradeSc (g/t)Metal ContentSc2O3 2 (t)Measured2723428.791,081Indicated3374228.761,334Total M+I6097628.772,415Inferred5036328.691,996 Notes: 1 Scandium tonnages represent 12.5% of the mineralized material by category, reflecting the proportion of tailings expected to be processed through a dedicated scandium leach circuit under current metallurgical design constraints.2 Scandium oxide metal content have been calculated using the metallurgical recovery of 72% and conversion factor from Sc to Sc2O3 of 1.534. Mineit's Qualified Person, Tomasz Wawruch, FAusIMM, completed the MRE, and has reviewed and approved the technical disclosure related to the MRE contained in this news release. Mr. Wawruch is a senior geology and mineral resource consultant independent of Doubleview. Mr. Gilles Arseneau, PhD., P.Geo., of ARSENEAU Consulting Services Inc., provided an independent review of this MRE.Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.Inferred Mineral Resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves.The Mineral Resource Estimate was prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves (2014), and CIM MRMR Best Practice Guidelines (2019).The effective date of the MRE is February 4, 2026.Metal contents have been calculated using the following metallurgical recovery factors: Cu = 85%, Au = 89%, Co = 78%, and Ag = 68%.Economic assumptions used include US4.80/lb Cu, US20.00/lb Co, US3,200/oz Au, US46/oz Ag, and a 2% NSR royalty.Mineral Resources are reported within optimized open pit constraints and 0.2% CuEq cut-off grade, based on a C7.93/t milled processing cost and C2.90/t milled general and administrative cost, with a mining cost of C3.01/t plus incremental mining cost increasing by C0.015/t for every bench below the reference level of 1,125 mRL.CuEq calculations do not include scandium. The formula used to calculate CuEq is: CuEq = [(((Ag × 46.0 × 0.68)/31.1035) + ((Au × 3200 × 0.89)/31.1035) + 0.0001 × (Co × 20.0 × 0.78 × 22.0462) + 0.0001 × (Cu × 4.8 × 22.0462 × 0.85))/(4.8 × 22.0462 × 0.85)], where all input variables are expressed in (ppm) and CuEq is expressed in percent (%).Rounding may result in minor variations between individual values and totals; such differences are not considered material to the MRE.Mineral Resource classification reflects the level of geological confidence and satisfies the uncertainty criteria appropriate for exploration and resource development. Additional drilling will be required to reduce uncertainty to the level expected for production planning.The MRE reflects the geological interpretation, drill-hole spacing, and estimation parameters available at the time of modelling. Any additional drilling is expected to influence the current outcome by improving confidence in the estimates and refining the geometry of the mineralized domains.The Mineral Resource results are presented in situ within the optimized pit. Mineralized material outside the pit has not been considered as a part of the current MRE tabulation. Calculations used metric units (metres, tonnes, g/t).A total of 97 diamond drill holes, comprising 49,548 m of core, were incorporated into the Mineral Resource Estimate. All drilling data used in the MRE were subject to standard QA/QC validation prior to inclusion.PROCESSING SCENARIOSThe PEA evaluates two processing scenarios: (A) a conventional Cu-Au-Ag-Co flotation concentrator at 120,000 t/d (42 Mt/a) with two recovery cases-A1 based on metallurgical testwork completed by Sepro Laboratories (Langley, BC) and A2 reflecting target/expected performance-and (B) a full circuit that retains the base flowsheet and adds a downstream hydrometallurgical scandium recovery circuit.The concentrator consists of crushing, grinding, flotation, concentrate handling, and tailings management, producing both a saleable approximately 25% Cu concentrate with co-product gold and by-product silver-cobalt credits and a pyrite concentrate enriched in cobalt; in the full-circuit case, the pyrite concentrate is roasted to generate sulphuric acid and a calcine that is then processed to recover cobalt, gold, silver, and copper; after stripping it will be precipitated as a sulphide to be admixed to the copper concentrate to improve grade, with the acid used to leach flotation tailings for scandium recovery, noting that the scandium circuit is a newer chemical process compared with the otherwise industry-standard flowsheet.Under A1 or A2 (Figure 1), the flowsheet produces a single saleable product-a copper concentrate with payable gold credits; the pyrite concentrate is not treated or marketed in this case and is only processed in B where the hydrometallurgical circuit enables recovery of cobalt (and additional Au-Ag) and supports the scandium circuit (Figure 2), which is planned to be constructed in a phased approach commencing in Year 3 of operations.Figure 1: Grinding and Flotation Flowsheet; Scenarios A1/A2 Report Copper Concentrate Only, while the Cobalt-Pyrite Flotation Stream Shown Is Included Only in Scenario BTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/285945_7d43165cf4f1bb4d_001full.jpgFigure 2: Scenario B Hydrometallurgical Plant Block Flow Diagram, Showing Downstream Treatment of the Cobalt-Pyrite Stream and Flotation of Tailings to Recover Cobalt (and Au-Ag) and Scandium, Including Sulphuric Acid Generation to Support the Scandium CircuitTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/285945_7d8c82e63416eab6_003full.jpgTable 7 summarizes the head grades, concentrate grades, and overall metallurgical recoveries from early testwork for the full circuit; A1 assumes only the reported recoveries to the Cu-Au concentrate, while the cobalt-pyrite concentrate and downstream recoveries are considered only in B.Table 7: Attainable Recovery from TestworkProductGradeRecoveryCopper (%)Cobalt (ppm)Gold (g/t)Silver (g/t)Copper(%)Cobalt(%)Gold(%)Silver(%)Head Grade0.211320.342.9----Copper-Gold Concentrate251160126880306653Cobalt-Pyrite Concentrate0.301605285482315Combined Concentrates----85788968Tailings0.05400.051.015221132 Early metallurgical testwork comprised metallurgical characterization studies under standard laboratory conditions to demonstrate metals recoverability for inclusion in the estimate of CuEq. No attempt was made to optimize flotation conditions, and more advanced flotation testwork was not undertaken. Consequently, the reported metallurgical recoveries are considered conservative, and it is reasonable to expect improvement with further testwork.A2, assumes improved copper and gold recoveries of 89% and 75%, respectively, reflecting expected performance from comparable Cu-Au porphyry flotation circuits following further optimization and testwork.Table 8 summarizes the recoveries assumption on each scenario.Table 8: Net Recovery for Each ScenarioNet Recovery Scenario A1Scenario A2Scenario BCu Recovery80%89%85%Au Recovery66%75%89%Ag Recovery53%53%68%Co Recovery30%30%78% CAPITAL COST SUMMARYTable 9 presents the estimated capital cost breakdown for the three evaluated scenarios, separating initial CAPEX from sustaining CAPEX and reporting costs in C$M by major cost area (processing plant, mining, pre-stripping, infrastructure, tailings and water management, Indirects/EPCM, and contingency).Total initial CAPEX is estimated at C$3,552 million (A1), C$3,601 million (A2), and C$3,828 million (B), reflecting the higher processing plant scope and associated indirects/contingency in Scenario B.Total sustaining CAPEX is estimated at C$2,755 million (A1/A2) and C$4,006 million (B), with the increase in B driven primarily by the inclusion of the hydrometallurgical plant and scandium recovery circuit within sustaining capital, while mining, infrastructure, and tailings sustaining components remain broadly consistent across scenariosTable 9: Capital Cost SummaryCapital Cost Summary UnitScenario A1Scenario A2Scenario BInitial Capex Processing Plant (Excl. Hydrometallurgical Plant)C$M1,6091,6451,810Mining CAPEXC$M394394394Mining Pre-StrippingC$M979797Infrastructure (Power/Water/Roads/Camp)[14]C$M326326326Tailings And Water ManagementC$M157157157Indirects + EPCMC$M258262278Contingency (25%)C$M710720766Total initial CAPEXC$M3,5523,6013,828Sustaining CAPEX Processing Plant (Inc. Hydrometallurgical Plant)C$M2852851,194Mining CAPEXC$M811811811Infrastructure (Power/Water/Roads/Camp)C$M636363Tailings and Water ManagementC$M1,0651,0651,065Indirects + EPCMC$M142142233Contingency (25%)C$M390390640Total Sustaining CAPEXC$M2,7552,7554,006Closure and ReclamationC$M503503503 OPERATING COST SUMMARYTable 10 summarizes the key operating cost and selling terms used in the PEA, reporting unit costs in C$/t moved, C$/t milled, and (where applicable) C$/kg of scandium oxide, together with concentrate transport and selling costs, TC/RC, and payability assumptions.Average site operating costs are estimated at C$16.22/t milled for Scenario A (concentrate-only) and C$22.96/t milled for B, with the increase in B driven by the addition of hydrometallurgical processing and acid generation (C$3.09/t milled) and scandium oxide processing costs (C$939.55/kg Sc₂O₃).On a payable metal basis, the study reports C1 cash costs of C$2.4/lb CuEq (A1), C$2.39/lb CuEq (A2), and C$2.89/lb CuEq (B) and AISC of C$2.79/lb CuEq (A1), C$2.78/lb CuEq (A2), and C$3.39/lb CuEq (B), reflecting the combined effects of recoveries, co-product/by-product credits, and the additional operating requirements of the full circuit.ECONOMIC RESULTSTable 11 summarizes the key economic assumptions and resulting financial metrics for Scenarios A1, A2, B, including the long-term price deck, cash flow generation, taxation, and discounted valuation at a 5% discount rate. Using an exchange rate of 1.37 CAD: 1.00 USD and long-term prices of US$4.88/lb Cu, US$3,272.60/oz Au, US$50.22/oz Ag, and US$19.57/lb Co (and US$1,500/kg Sc₂O₃ for B), the Project generates average annual EBITDA of C$886 million (A1), C$1,071 million (A2), and C$1,242 million (B). On a post-tax basis, NPV(5%) is estimated at C$4,963 million (A1), C$6,727 million (A2), and C$6,937 million (B) with corresponding post-tax IRRs of 19%, 23%, and 19%, and post-tax payback in Year 6 (A1), Year 5 (A2), and Year 7 (B). Total post-tax free cash flow is estimated at C$10,050 million (A1), C$12,961 million (A2), and C$14,763 million (B), reflecting the higher cash generation under the improved recovery case (A2) and the additional revenue streams in Scenario B, partially offset by the added capital and operating requirements of the hydrometallurgical and scandium circuits.SENSITIVITY ANALYSISSensitivity cases were evaluated for the key value drivers using after-tax NPV (5%) and after-tax IRR, including ±20% copper and gold prices, +20% initial capital, +20% operating costs and, for B, a ±40% scandium price sensitivity.Overall, the sensitivity analysis demonstrates that the Project's after-tax economics remain positive across the tested ranges, with the greatest variability in after-tax NPV(5%) and IRR driven by simultaneous changes in the overall metal price deck. Changes to copper and gold prices individually have a meaningful but smaller effect, while +20% initial CAPEX and +20% OPEX reduce value but do not eliminate Project attractiveness in any of the evaluated scenarios. Scenario B shows additional exposure to scandium oxide price, with after-tax NPV(5%) varying within a narrower range relative to the broader multi-metal price cases, indicating that scandium provides incremental upside while the base-case Cu-Au Project remains financially robust on its own.PERMITTING, RISKS, AND NEXT STEPSPermitting and EnvironmentalPermitting StatusThe permitting process will be supported by the continuation of environmental baseline studies, progression of engineering designs, and the initiation of socio-economic and cultural baseline studies.Due to the anticipated rate of resource extraction, it is expected that the Hat Project will be subject to both federal and provincial impact assessment pathways, so submission to both the Impact Assessment Agency of Canada (IAAC) and British Columbia Environmental Assessment Office (B.C. EAO) for their review is currently anticipated. Agency determination will decide the appropriate level of agency collaboration under the existing cooperation agreement for the Hat Project to acquire a provincial Environmental Assessment Certificate (EAC) and/or federal Decision Statement.The company will also submit a Joint Mines Act and Environmental Management Act Application through the B.C. Major Mines Office. Additional federal authorizations, including Fisheries Act approvals and compliance with Metal and Diamond Mines Effluent Regulations (MDMER), and applicable provincial permits will be obtained concurrently with other assessment and permitting steps. This will not only support protection of the immediate environment through the life of the Project but also respect the rights of First Nations and promote social and economic wellbeing for local communities.Tailings and Water ManagementThe Tailings Storage Facility (TSF) includes a perimeter dyke primarily constructed from compacted cycloned sand. This material will be sourced from the coarse underflow of tailings processed through an on-site cyclone plant. Using the centreline raise method, the dam is designed to be free-draining, lowering the phreatic surface to facilitate geotechnical stability. During operations, seepage from the TSF will be directed to the process plant as reclaim water. Upon closure, the supernatant pond will be drained, and the tailings and dam surfaces will be reclaimed with a granular trafficability layer, followed by a growth medium and native revegetation.The water management strategy prioritizes the reuse of site-impacted water, directing TSF water, contact water from the waste rock storage facilities, and open-pit dewatering to the process plant for use as make-up water.Key Risks and OpportunitiesProject-wideTailings Storage Facility:The location and geometry of the TSF are subject to refinement following geotechnical investigations of the potential site areas. Similarly, the anticipated availability of cycloned sand and the storage requirements for the facility may be adjusted once laboratory testing of the tailings is conducted.The integration of this future site-specific data presents a significant opportunity to optimize the TSF design.Mineral Processing:Limited metallurgical and comminution data introduce uncertainty in equipment sizing and operating cost inputs; however, early results indicate the ore should be amenable to conventional Cu-Au flotation, with potential upside from improved recoveries and reduced reagent consumption through optimization.The scandium circuit is less mature and is sensitive to acid economics and hydrometallurgical performance, but offers meaningful value upside if recoveries, product quality, and operating stability are confirmed at larger scale.Mine Design:Pit slope design criteria and mine scheduling are subject to elevated uncertainty due to the limited geotechnical database, including incomplete definition of structural controls, rock mass variability, and groundwater conditions. This creates downside risk to slope angles, strip ratio, and operating conditions if adverse structures or hydrogeology are encountered; however, it also provides a clear opportunity to materially improve design confidence and potentially optimize slope geometry, mine sequencing, and dewatering requirements through focused data acquisition and updated analyses.Capital Cost estimates:As a PEA-level estimate, capital costs remain subject to the inherent uncertainty of a preliminary design basis and limited engineering definition; however, significant effort was undertaken to develop the estimate using a defined scope, preliminary equipment sizing, and factored/benchmark-based costing with appropriate indirects and contingency. This work provides a credible foundation for decision-making at this stage while also highlighting clear opportunities to optimize capital intensity through further engineering definition, value engineering, and targeted trade-off studies (e.g., comminution configuration, tailings strategy, infrastructure/power, and construction execution approach).Scandium specific:Scandium provides strategic upside given its small, concentrated global supply base and the growing premium placed on secure, qualified supply, but it carries higher execution and commercial risk due to limited scale-up testwork (variability, impurity control, reagent intensity), added residue-management and permitting complexity, and uncertainty around product specifications, pricing, and customer qualification.Next StepsResource:The Company is advancing the Project toward Pre-Feasibility by upgrading confidence in the current Mineral Resource estimate and improving definition of mineralization within the proposed mine plan area. The program will prioritize infill drilling to support conversion of Inferred Resources to Indicated (and, where appropriate, Measured), together with step-out drilling to test extensions of known mineralization and provide improved geological continuity for next-stage mine design, scheduling, and economic evaluation.Waste facilities:Field investigations will be conducted at potential TSF and waste rock storage sites to characterize subsurface conditions and identify suitable borrow materials for construction. These efforts will be supported by site-specific geotechnical and geochemical characterization of the tailings and waste rock. These data sets will inform a TSF design update to a Pre-Feasibility Study (PFS) level of engineering, encompassing an optimized siting and technology trade-off study.Metallurgy:Complete a comprehensive metallurgical testwork program on representative samples including comminution testwork (Bond Work Index, abrasion index, and related grindability tests) and metallurgical variability + locked-cycle flotation testing to define an optimal process flowsheet, mass balance, and optimized reagent scheme, and to produce samples for concentrate dewatering and preliminary smelter marketing.Progress the scandium work through targeted hydrometallurgical optimization including pulp density, free acidity/acid consumption, SX staging and extractant concentration, followed by an integrated pilot trial on bulk samples to validate scandium recovery, product quality, and circuit operability.Mine Design:A phased geotechnical program is recommended that includes re-analysis of existing boreholes (re-logging and detailed structural mapping, including oriented-core interpretation where available), establishment of geotechnical domains, targeted drilling and field mapping to confirm discontinuity sets and persistence, and hydrogeological data collection to constrain pore pressures and inflows. These data will support updated kinematic assessments and slope design analyses, refinement of inter-ramp and overall slope angles, and improved inputs to mine planning, risk management measures, and capital/operating cost estimates.Capital Costs Estimation:As the Project advances to PFS, the estimate will be progressively refined by advancing engineering to a higher level of definition, updating quantities and vendor inputs for major equipment and packages, tightening indirects and construction productivity assumptions, and executing focused optimization and constructability reviews to reduce contingency and improve overall cost confidence.NI 43-101 DISCLOSURE, QUALIFIED PERSONS, AND CAUTIONARY STATEMENTSQualified PersonsThe scientific and technical information in this news release has been reviewed and approved by the following Qualified Persons (as defined under NI 43-101):Tomasz Wawruch, FAusIMM, Senior Geology and Mineral Resource Consultant of Mineit Consulting Inc. (responsible for the Mineral Resource estimate).Andrew Carter, EUR ING, B.Sc., CEng., MIMMM (QMR), MSAIMM, SME, of Magister Metallurgy (responsible for metallurgical studies and recovery processes).Shervin Teymouri, P.Eng., Mining Engineer of Mineit Consulting Inc. (responsible for project management, mining engineering, capital and operating cost estimates, and financial analysis).Andre de Ruijter, P.Eng., Mineit Consulting Inc, Process Engineer (process design, process capital and operating cost lead).Franky Li, P.Eng., EMM Consulting Pty Ltd (responsible for tailings management and TSF design, tailings capital and operating cost)Jayesh Rami, P.Eng., Infrastructure Engineer of Sacre-Davey Engineering Inc. (responsible for project infrastructure)Preliminary Economic Assessment Cautionary StatementThe Preliminary Economic Assessment (PEA) for the Hat Project is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The PEA provides a conceptual mine plan and is based on low-level technical and economic assessments that are insufficient to support an evaluation of the economic viability of the Project or to establish Mineral Reserves. There is no certainty that the results of the PEA will be realized. Further exploration and site-specific engineering studies are required before a higher level of confidence can be established for the Project's economics.The economic analysis in the PEA is based on several assumptions including, but not limited to, long-term metal prices, foreign exchange rates, metallurgical recoveries, and capital and operating cost estimates. These assumptions are subject to significant risks and uncertainties, and actual results may differ materially from those projected. Readers are cautioned not to place undue reliance on the PEA or the forward-looking information contained in this release.Forward-Looking InformationCertain of the statements made and information contained herein may constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Often, these forward-looking statements can be identified using words such as "anticipates," "believes," "continue," "estimates," "expects," "forecasts," "intends," "plans," "projected," or the negatives thereof or variations of such words and phrases. Forward-looking statements in this news release include, but are not limited to, statements with respect to: the results of the Preliminary Economic Assessment for the Hat Project; the estimation of mineral resources; anticipated annual production of copper, gold, cobalt, and scandium; the after-tax NPV and IRR of the Project; forecasted AISC and Total Cash Costs; estimated initial and sustaining capital costs; the timing of a Pre-Feasibility Study; the timeline for permitting milestones and construction decisions; planned early works and infrastructure upgrades; and the Company's ability to maintain strong community and First Nations partnerships.Forward-looking statements are based on a number of assumptions that management considers reasonable at the time they are made, including assumptions regarding: the future prices of copper, gold, cobalt, and scandium; foreign exchange rates; metallurgical recoveries; the cost of essential consumables; and the geopolitical and regulatory climate in British Columbia. However, such statements involve known and unknown risks and uncertainties which may cause actual results to differ materially. These risks include but are not limited to inaccurate estimation of mineral resources; volatility in metal prices; the results of future exploration and development activities; liquidity and financing risks; failure to obtain necessary permits; geotechnical conditions; and changes in applicable mining laws. The PEA is preliminary in nature and includes Inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. Except as required by law, the Company undertakes no obligation to update or revise forward-looking information as conditions change.Non-GAAP Financial MeasuresThe Company has included certain performance measures in this news release that are not specified, defined, or determined under Generally Accepted Accounting Principles (GAAP). These non-GAAP measures are common in the mining industry but do not have standardized definitions and may not be comparable to similar measures presented by other issuers. Readers should not consider these measures in isolation or as a substitute for performance measures prepared in accordance with GAAP.Total Cash Costs: The Company calculates total cash costs as the sum of mining, processing, refining and transport, G&A, and royalty costs. Cash costs per unit are calculated by dividing the total cash costs by the payable Copper Equivalent (CuEq) units.All-In Sustaining Cost: AISC is a non-GAAP financial measure comprising of total cash costs, sustaining capital expenditures to support ongoing operations, and closure costs. AISC per unit is calculated by dividing the total all-in sustaining costs by the payable CuEq units.Sustaining Capital: This is a supplementary financial measure reflecting cash-basis expenditures expected to maintain operations and sustain production levels over the life of the mine.About Doubleview Gold Corp.Doubleview Gold Corp., a mineral resource exploration and development company based in Vancouver, British Columbia, Canada, is publicly traded on the TSX Venture Exchange [TSX-V: DBG], the OTCQB [DBLVF], the Berlin Stock Exchange [GER: A1W038], and the Frankfurt Stock Exchange [1D4]. Doubleview identifies, acquires, and finances precious and basemetal exploration projects in North America, particularly in British Columbia. The Company increases shareholder value through the acquisition and exploration of quality gold, copper, cobalt, scandium, and silver properties-collectively critical minerals-and through the application of advanced, state-of-the-art exploration methods. Doubleview's portfolio of strategic properties provides diversification and mitigates investment risk.About Mineit Consulting Inc.Mineit Consulting Inc. (Mineit) is an independent mining engineering consulting company providing specialized expertise in project management, geological modelling, Mineral Resource estimation, mining engineering, metallurgical, and process engineering. Mineit lead and prepared the Hat Project MRE and PEA, with assistance from other engineering firms, for the Hat Project in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards on Mineral Resources and Reserves.For further information please contact:Doubleview Gold CorpVancouver, BCFarshad ShirvaniPresident & CEOInstitutional Line: (604) 607-5470T: (604) 678-9587E: corporate@doubleview.caNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the Mineral Resource Estimate and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285945 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Rouyn-Noranda, Quebec--(ACN Newswire via SeaPRwire.com - March 2, 2026) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to report an updated Mineral Resource Estimate ("MRE") at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The Company is currently undertaking a fully-funded 140,000-metre step-out drill program at the Project with the objective of determining the scope of mineralization to a depth of 2 kilometres. This program commenced in 2025 and is expected to continue through the first half of 2027. Today's updated MRE is an interim report that demonstrates the impact of recent drilling successes completed as of December 31, 2025. Highlights include:82% increase in Inferred Mineral Resources from step-out drilling intersecting new mineralization, with 1.69 million ounces ("Moz") in 10.37 million tonnes ("Mt") at 5.08 grams per tonne ("g/t") gold ("Au");8% increase in Indicated Mineral Resources with 0.63 Moz in 3.49 Mt at 5.59 g/t Au;Estimated using US$2,500/oz Au and 2.2 g/t Au cut-off, with a refined geological model and capping strategy, establishing the go-forward basis for future, modern mine development.Matt Manson, President and CEO: "Today we report the first of several planned, step-by-step updates to the MRE at the O'Brien Gold Project, quantifying the impact of our recent drilling success and establishing a clear foundation for future, modern mine development. With just 25% of our 140,000 metre step-out drill program completed, the new vein mineralization delineated beneath the historic mine workings and the previous mineral resource volume (Radisson news release dated February 12, 2026) has resulted in an 82% increase in the quantity of Inferred Mineral Resources, now 1.69 Moz (10.37 Mt at 5.08 g/t Au). At the same time, we have refined the estimate of Indicated Mineral Resources, incorporating more tonnes at a lower average grade for an 8% increase in contained ounces, now 0.63 Moz (3.49 Mt at 5.59 g/t Au). Our estimates utilize a 2.2 g/t Au cut-off at a reasonable gold price assumption of US$2,500/oz.""The former O'Brien Mine was known for high-grade ore-shoots mined in small volumes. Mining ended in 1957 with the gold price at US$35/oz. Significant volumes of mineralized vein material, below what we believe to have been a 7 g/t to 8 g/t Au cut-off, were left untouched. Now, we are presenting the Project as it should be viewed for future development: not as a bespoke deposit of extreme grade and limited scale, but as an extensive Abitibi vein deposit with a substantial inventory of mineralized material amenable to modern mechanized mining at higher throughput." "Our step-out drill campaign at O'Brien is ongoing with up to eight rigs. We expect to complete 72,500 metres in 2026 and 32,500 metres in the first half of 2027. This is in addition to the meterage supporting today's updated MRE. The vein mineralization system we have been intersecting is open at depth. In fact, since our step-out drilling began in the fall of 2024, we have been seeing an impressive 84% success rate in intercepting classic O'Brien quartz-sulphide-gold veins with grades and thicknesses consistent with today's updated MRE. Looking to a 2-kilometre exploration floor, we believe an appropriate Exploration Target at O'Brien is another 5 Mt to 10 Mt at grades of between 4.0 g/t and 6.0 g/t Au containing 0.6 Moz to 2.0 Moz. We expect to complete further step-by-step updates to the MRE as our drilling progresses."Cautionary statement: Readers are cautioned Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, socio-political, marketing, or other relevant issues including risks set forth in Radisson's filings made with Canadian securities regulatory authorities. The potential quantity and grade of an Exploration Target is conceptual in nature, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.A video presentation of today's news by Matt Manson can be found at https://www.youtube.com/watch?v=5IZwSSYbO70.Mineral Resource Estimate (effective January 31, 2026)The MRE is based on 428,440 metres of drilling completed to the end of December 31, 2025, and has been authored by SLR Consulting (Canada) Ltd. ("SLR"). The estimate utilizes a 2.2 g/t Au cut-off at US$2,500/oz and makes certain assumptions on mining and processing costs, currency exchange rate, and metallurgical recovery (Table 1 and Figure 1). A wireframe vein model prepared by Radisson and reviewed by SLR constrains the estimate and applies a minimum width of 1.2 metres. Individual assays are capped at 60 g/t Au prior to compositing to full width of the veins, and the block model utilizes 5 by 2 by 5 metre blocks consistent with recent mine design studies.Table 1: Mineral Resource Estimate, Effective January 31, 2026CategoryTonnes (kt)Grade (g/t Au)Oz (koz Au)Indicated3,4935.59628Inferred10,3685.081,692Notes:Prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards (2014) and Best Practice Guidelines of Mineral Resources and Reserves (2019).Mineral resources are reported above a cut-off grade of 2.2 g/t Au based on a C$215/t operating cost, a long-term gold price of US$2,500/oz Au, a US$/C$ exchange rate of 1:1.33, and a metallurgical recovery of 90%. Wireframes were modelled at a minimum width of 1.2 m.Bulk density varies by deposit and lithology and ranges from 2.76 t/m³ to 2.87 t/m³. Individual assays were capped at 60 g/t Au prior to compositing to full vein width.Mineral resources that are not mineral reserves do not have demonstrated economic viability. Numbers may not add due to rounding. An MRE for the Project was previously published in March 2023 (Radisson news release dated March 2, 2023) based on 325,509 metres of drilling completed to the end of 2022. Indicated Mineral Resources (effective March 2, 2023) were estimated at 0.50 Moz (1.52 Mt at 10.26 g/t Au) with additional Inferred Mineral Resources of 0.45 Moz (1.60 Mt at 8.66 g/t Au). The 2023 study applied a 4.5 g/t Au cut-off at US$1,600/oz Au.In July 2025, Radisson published a Preliminary Economic Assessment ("PEA") for the Project that utilized the 2023 estimate re-blocked by SLR in the Z-direction from 10 metres to 5 metres to allow for more flexible underground mine design. A cut-off of 2.2 g/t Au at US$2,000/oz Au and an updated set of economic criteria were applied in the re-blocking exercise consistent with the parameters used for the optimization of the PEA's underground mine schedule. No other changes were made. Indicated Mineral Resources (effective May 6, 2025) were estimated at 0.58 Moz (2.20 Mt at 8.22 g/t Au) with additional Inferred Mineral Resources of 0.93 Moz (6.67 Mt at 4.35 g/t Au).The updated MRE released today benefits from 66,387 metres of additional drilling in 122 drill holes conducted between 2023 and 2025, which is the most significant factor in the increase of Inferred Mineral Resources (Figure 2). Radisson has also validated an additional 36,544 meters of historic drilling. The updated MRE utilizes similar estimation parameters to previously, but a more restrictive approach to capping. In the March 2023 estimate, and as incorporated in the re-blocked May 2025Figure 1: Block Models for the Mineral Resource Estimates Effective May 6, 2025 (Top) with Recently Published Drill Results and the Updated MRE Effective January 31, 2026 (Bottom) To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/285831_ef6502aeb443086a_001full.jpgestimate, capping at 40 g/t Au was applied to the full-length composites. In the updated MRE, capping has been applied at 60 g/t Au to the underlying assays prior to compositing. This has the effect of reducing the average grade by approximately 12%, and in the opinion of Radisson and SLR is an appropriate approach to a narrow high-grade vein deposit such as O'Brien.Figure 2: 3D View of Block Model by Resource Classification (Left) and Gold Grade (Right) Illustrating Volume Utilized in the Previous May 2025 MRE To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/285831_ef6502aeb443086a_002full.jpgCompared to previous estimates, the aggregate impact on the Indicated Mineral Resources of the new drilling, the 2.2 g/t Au cut-off, and the updated capping strategy has been to add more tonnes at a lower average grade for an overall increase in contained ounces. The aggregate impact of these three factors on the Inferred Mineral Resources has been the addition of more tonnes at a higher average grade for an overall increase in contained ounces. Indicated Mineral Resources have increased by 8% to 0.63 Moz, based on an increase in tonnes of 58% to 3.49 Mt and a decrease in grade of 32% to 5.59 g/t Au. Inferred Mineral Resources have increased by 82% to 1.69 Moz, based on an increase in tonnage of 55% to 10.37 Mt and an increase in grade of 17% to 5.08 g/t Au.O'Brien's system of Quartz-Sulphide-Gold vein mineralization remains open to depth across a broad front beneath the historic mine workings and the updated MRE. The potential continuation of this mineralization to a 2 kilometres depth defines an Exploration Target of an additional 5 Mt to 10 Mt at grades of between 4.0 g/t and 6.0 g/t Au containing 0.6 Moz to 2.0 Moz. The potential quantity and grade of an Exploration Target is conceptual in nature, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.Table 2: Sensitivities of the Mineral Resource Estimate Based on Cut-OffTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/285831_ef6502aeb443086a_003full.jpgA New Vision for the O'Brien Gold ProjectThe historic O'Brien mine produced over half a million ounces of gold at an average grade exceeding 15 g/t Au. It is clear that the former mine was "high-graded", with manual mining methods applied to the highest-grade veins and ore shoots at an estimated cut-off grade of 7 g/t to 8 g/t Au. Parallel but lower-grade mineralized zones, which would be well above an economic cut-off grade today, were left unmined.The updated MRE does not incorporate any mineral resources potentially remaining in the former mine. However, in applying the lower grade cut-off of 2.2 g/t Au based on a gold-price estimate of US$2,500, the new estimate captures the overall volume attributes of the O'Brien mineralizing system, with more tonnes and more ounces at a lower average grade. This has the benefit of improving the continuity of mineralization for future mine planning, with larger stopes and more development headings supporting a higher potential mining rate. The Project has existing mining infrastructure to support such a vision, such as a shaft in the former mine extending to a 1,000 metres depth and multiple mills in the region with significant future capacity.Table 2 illustrates sensitivities on Indicated and Inferred Mineral Resources and the MRE block model based on cut-off grade. These are:a) 8.0 g/t Au (US$700/oz) representing the former mine,b) 4.5 g/t Au (US$1,250/oz) representing the MRE effective March 2, 2023,c) 2.2 g/t Au (US$2,500/oz) representing the updated MRE, andd) 1.5 g/t Au (US$3,800/oz) representing the recent long-term consensus price of gold.The comparison clearly indicates the relationship between volume and grade based on cut-off, the directionality of steeply-plunging grade shoots at O'Brien, and the increased continuity of mineralization achieved at progressively lower cut-offs.Gold Mineralization at O'Brien and Step-Out Drill ProgramGold mineralization at O'Brien occurs within quartz-sulphide veins developed primarily within the interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the regionally significant Larder Lake-Cadillac Break ("LLCB"). Individual veins are generally narrow, ranging from several centimetres up to several metres in thickness, and are associated with mineralized alteration envelopes of up to several metres in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. As mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins have well-established lateral continuity, with steeply plunging grade shoots developed over significant lengths.Since the end of 2024, Radisson has been pursuing a program of broad step-out drilling at O'Brien with the objective of determining the overall scope of mineralization at the Project to a depth of 2 kilometres (Figure 1). The priority is the quantity and distribution of mineral resources with step-outs rather than in-filling to upgrade the classification of the existing mineral resources.This drilling is accomplished with pilot holes followed by wedges and directional drilling to maximize drill efficiency. In October 2025, Radisson announced the expansion of the program to 140,000 metres employing an eventual eight drill rigs (see Radisson news release dated October 16, 2025). An initial 35,000 metres of the program were completed in 2025, with 72,500 metres budgeted for 2026, and a further 32,500 metres scheduled for the first half of 2027.QP DisclosureDisclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo., (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing., of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Both Mr. Nieminen and Mr. Evans are independent of Radisson and the O'Brien Gold Project.About Radisson MiningRadisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 PEA described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.63 Moz (3.49 Mt at 5.59 g/t Au), with additional Inferred Mineral Resources estimated at 1.69 Moz (10.37 Mt at 5.08 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025, and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project. For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comForward-Looking StatementsThis news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies; local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future; planned and ongoing drilling; the significance of drill results; the ability to continue drilling; the impact of drilling on the definition of any resource; and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; and the ability to convert inferred mineral resources to indicated mineral resources.Any statement that involves discussions with respect to 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", "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 to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the year ended December 31, 2024, and the Company's Management's Discussion and Analysis dated November 26, 2025 for the three month period ended September 30, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward looking statements contained in this press release are expressly qualified by this cautionary statement.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285831 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

- The Shang Residence is a freehold residential project comprising 449 exclusive units in Kuchai Lama, an established residential township in Kuala Lumpur with existing amenities, schools, and healthcare facilities.- Within walking distance to the proposed MRT Line 3 (Jalan Klang Lama Station), The Shang Residence is also minutes from lifestyle and retail hubs such as Mid Valley Megamall, Bangsar South, and KL Eco City, with convenient access via major highways such as NPE, KESAS, MEX, and the Federal Highway.- Positioned as a modern urban sanctuary designed for multi-generational families, The Shang Residence has resort-inspired lifestyle facilities and communal spaces including a 30m infinity pool, fitness studio, yoga & pilates studio, Himalayan salt sauna, pickleball court, sky dining pavilion, party pavilion & hotpot pavilion, mini theatre & KTV rooms, co-working lounge and private meeting suites, among others.SINGAPORE, Mar 2, 2026 - (ACN Newswire via SeaPRwire.com) - Lincotrade & Associates Holdings Limited, (“Lincotrade” or the “Company” or “立鎧企業” and together with its subsidiaries, the “Group”), a specialist in interior fitting-out services, ispleased to announce its Group’s associate, Linc Venture Land Sdn. Bhd. (“Linc Venture”), in Malaysia has unveiled The Shang Residence (“The Shang Residence”), a freehold residential project located in Kuchai Lama, Kuala Lumpur, in a soft launch ceremony on 28 February 2026.The official launch of The Shang Residence is currently expected to take place by June 2026 and the project is expected to be completed by 2029.CEO of Lincotrade, Mr. Jackie Soh Loong Chow (苏隆昭先生) said: “The Shang Residence marks our maiden property development in Kuala Lumpur, and we are pleased to collaborate with established and reputable partners on this milestone project.We are confident that its strategic location in Kuchai Lama, combined with thoughtfully curated resort-inspired facilities and convenient access, will resonate with discerning homeowners who prioritise elevated urban living with long-term value retention.The limited supply of freehold residential developments in a mature enclave like Kuchai Lama further enhances the attractiveness of The Shang Residence, particularly with the new Jalan Klang Lama Station.”Managing Director of Linc Venture, Mr. Alan Tee Kai Loon (郑凯伦先生) added: “Designed with a thoughtful range of layouts that prioritise functionality and everyday liveability, The Shang Residence seamlessly integrates purposeful design anchored on four key pillars — Harmony, Vitality, Precision and Stewardship. Each element has been carefully curated to deliver a resort-inspired living experience within a vibrant urban setting.The Shang Residence reflects our vision of creating well-located homes that combine thoughtful design with lifestyle-driven amenities, offering residents both comfort and enduring value.”About Lincotrade & Associates Holdings Limited(Bloomberg Code: LINASC:SP / SGX Code: BFT.SI)Established in 1991 and based in Singapore, Lincotrade has over 30 years of experience in the interior fitting-out industry and have established a proven business track record since its inception. Since 2006, Lincotrade has had its own in-house processing facility to process, assemble and manufacture Carpentry Products to support and complement its interior fitting-out services.Lincotrade is engaged in the provision of interior fitting-out services, additions and alterations (“A&A”) works and other building construction services primarily for the following three segments:(a) commercial premises, such as offices, hotels, shopping malls and food and beverage establishments;(b) residential premises such as condominium developments; and(c) showflats and sales galleries.Lincotrade’s interior fitting-out projects encompass space planning and lay-out, interior construction and finishing works on floorings, ceilings, partitions, doors, fixtures and fittings, mechanical, electrical and plumbing works such as air-conditioning installation, water and sewage fit-outs, lighting, power and other works. Lincotrade also provide A&A works include minor alterations, extension, conversion and upgrading of buildings as well as minor repair and improvement works. In addition, Lincotrade provides building construction services which mainly consist of the construction of showflats and sales galleries.During FY2025, Lincotrade also ventured into property development business via Linc Venture Land Sdn. Bhd. in Malaysia.As part of its sustainability strategy, the Group has an established environmental management system to enhance its environmental performance and reduce its impact on the environment.In addition to its commitment in the reduction of on-site energy consumption and construction waste, the Group has been using environmentally friendly materials, such as laminate and veneer made from reconstructed or recycled material, in its projects to reduce lumbering of forests. The Group was awarded the Singapore Green Label by the Singapore Environmental Council for its wooden panel doors which are made from renewable and sustainable materials.For more information, please visit their website at http://www.lincotrade.com.sgIssued on behalf of Lincotrade & Associates Holdings Limited by 8PR Asia Pte Ltd.Media & Investor Contacts:Mr. Alex TANMobile: +65 9451 5252Email: alex.tan@8prasia.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

$14.1M NRCan-Funded Program Begins with Six-Tonne Bulk Sample to Produce 500 kg High-Purity Graphite for Reactor Engineering and Product ValidationOttawa, Ontario--(ACN Newswire via SeaPRwire.com - March 2, 2026) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce that it has shipped a six-tonne bulk ore sample from its 100%-owned Lac Knife Graphite Project ("Lac Knife" or the "Project") to SGS Canada Inc. ("SGS") in Lakefield, Ontario, officially commencing pilot-scale processing under its Natural Resources Canada ("NRCan") funded demonstration program. The program is designed to produce approximately five hundred (500) kilograms of graphite concentrate to support downstream thermal purification, final reactor engineering, and product validation initiatives.The six-tonne sample will undergo crushing, blending, head assays and metallurgical benchmarking prior to pilot-scale processing. SGS will operate a batch pilot flotation circuit to generate high-grade graphite concentrate targeting approximately 95% graphitic carbon. Final concentrate will be dried and screened into size fractions suitable for subsequent purification testing. The Company anticipates that concentrate will be produced and shipped to its technology partner, Thermal & Material Engineer Center ("TMEC"), within approximately eight to nine weeks to support the commencement of final reactor design work, with the balance of the three-month program consisting primarily of data compilation and reporting activities.As previously announced on December 8, 2025, the Company formalized a funding agreement for up to $14.1 million in non-repayable contributions under NRCan's Global Partnerships Initiative ("GPI"). The Honourable Tim Hodgson, Minister of Energy and Natural Resources said, "As global demand for critical minerals accelerates, Canada is ready to lead. Focus Graphite's work at Lac Knife shows how we can build a fully Canadian value chain-from resource to high-purity graphite-and strengthen our economic security in the process. Advancing pilot-scale processing here at home supports good jobs, attracts investment and reinforces Canada's position as a trusted supplier in a changing world."Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources, added, "Today's progress at Lac Knife shows how Canadian companies are translating ambition into action. By advancing pilot-scale processing here in Canada, Focus Graphite is helping build the downstream capacity that supports good jobs, strengthens regional economies and positions Canada to supply the advanced materials our partners rely on."Richard Pearce, Technical Advisor to Focus, stated, "SGS Lakefield is a globally recognized leader in mineral processing and pilot-scale metallurgical testing and has extensive familiarity with the Lac Knife flowsheet. This bulk sample program represents a key milestone as we advance Lac Knife toward vertically integrated, high-purity graphite production in Canada. Generating pilot-scale concentrate materially de-risks scale-up and accelerates our pathway toward commercial demonstration."The concentrate generated through this program will serve two primary strategic objectives. Material shipped to TMEC will support final engineering, detailed design optimization and preparation of construction-level specifications for the Company's thermal purification plant reactor, representing a critical step toward fabrication and demonstration-scale production. In parallel, a portion of the concentrate will be retained for customer qualification and product validation initiatives, enabling engagement with potential end users across battery, defence, and advanced materials sectors. Together, these workstreams advance Focus' objective of establishing an integrated, Canadian supply chain pathway from resource to high-purity graphite product.High-purity graphite is an essential material used in lithium-ion batteries, energy storage systems, advanced defense applications and high-technology manufacturing. Establishing domestic production capacity for graphite concentrate and purification is increasingly viewed as strategically important for supply chain security, advanced manufacturing competitiveness and energy transition objectives.In parallel with metallurgical testing, Focus has conducted site visits to multiple potential host facilities in Quebec and Ontario for installation of its planned thermal purification demonstration plant. The Company is actively evaluating existing industrial infrastructure, utilities access, logistics networks and permitting pathways as it advances final reactor design in collaboration with its technology partner.The Company will provide further updates as pilot-scale processing progresses and as additional milestones are achieved.Qualified PersonThe technical content disclosed in this news release was reviewed and approved by Richard Pearce, PE, President of Brasil Insight Capital LLC., a consultant to the Company, and a qualified person as defined under National Instrument NI 43-101.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comLinkedIn: https://www.linkedin.com/company/focus-graphite/X: https://x.com/focusgraphiteInvestors Contact: Dean HanischCEO, Focus Graphite Inc.dhanisch@focusgraphite.com+1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the completion and timing of the six-tonne bulk sample program at SGS; the anticipated production of approximately 500 kilograms of high-grade graphite concentrate; the expected performance and outcomes of pilot-scale flotation and purification testing; the use of concentrate to support reactor engineering, purification demonstration and product validation activities; the advancement of a Canadian-based graphite purification demonstration facility supported by NRCan's GPI; the development of a vertically integrated graphite supply chain in Canada; and the Company's plans and objectives for the Lac Knife Project.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 statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285904 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, March 2, 2026 - (ACN Newswire via SeaPRwire.com) – Organised by the Hong Kong Trade Development Council (HKTDC), the 12th Hong Kong International Diamond, Gem & Pearl Show opens today and will run for five consecutive days at AsiaWorld-Expo. The 42nd Hong Kong International Jewellery Show will be held from 4–8 March at the Hong Kong Convention and Exhibition Centre (HKCEC) in Wan Chai.Jenny Koo, Deputy Executive Director of the HKTDC, said: “As the world’s largest one-stop jewellery marketplace, the HKTDC’s twin jewellery shows return under ‘Two Shows, Two Venues’ format, presenting an extensive spectrum of product categories. These include diamonds, gemstones and pearls, as well as showcasing the finest finished jewellery pieces, designer brands, mounting components, product packaging and identification instruments and technologies. This year, the twin shows bring together some 4,000 exhibitors from over 40 countries and regions, with 70% coming from outside Hong Kong, reinforcing the highly international nature of the events.”International Diamond, Gem & Pearl Show showcases top-tier raw materialsThe Hong Kong International Diamond, Gem & Pearl Show features more than 20 pavilions representing various countries, regions and trade organisations, such as Germany, Italy, Colombia, the United States, India, Thailand, etc. Notably, the Zhushan Turquoise Pavilion is making its debut. Zhushan County in Hubei Province of Chinese Mainland, is known as the “Hometown of Chinese Turquoise” and is one of the world’s renowned production regions for high-quality turquoise. The pavilion brings together 11 exhibitors showcasing natural treasures formed in the Qinba Mountains.The Tanzanite Foundation, a long-time favourite among buyers, once again participates in the show. The International Colored Gemstone Association presents 37 exhibitors with a wide array of rare coloured gemstones. Cody Opal (Australia) Pty Ltd (Booth: AWE 8--E01) features Lightning Ridge black opal.Three major product zones at the Hong Kong International Diamond, Gem & Pearl Show—the Hall of Fine Diamonds, Treasures of Nature, and Treasures of Ocean—highlight materials including high-end diamonds, natural gemstones and pearls sourced from around the world. Hong Kong exhibitor Arihant Star (HK) Limited (Booth: AWE 5--C15) showcases a fancy intense pink VVS2 diamond. U.S. exhibitor Emco Gem Inc. (Booth: AWE 7--H01) presents an 11-carat cushion-cut Colombian emerald. French exhibitor Alain Boite S.A.S. (Booth: AWE 1--A20) exhibits a freshwater pearl strand measuring 14 to 15.8 mm.This year, around 10 exhibitors are featured in the GIA Hong Kong Laboratory Limited (Booth: AWE 9, offering jewellery authentication services. GIA Hong Kong Laboratory Limited (Booth: AWE 9--M03) will launch a new coloured gemstone report that presents clearer information on a stone’s type, processing and origin, helping the industry and consumers understand the unique value of each gem. Hong Kong Limited (Booth: AWE 7-- laboratory and research institution, provides professional testing services and actively promotes H26), a leading-laboratory and research institution, provides professional testing services and actively promotes origin technologies to enhance accuracy and transparency in gemstone identification.Exciting events to uncover market trendsThroughout the Hong Kong International Diamond, Gem & Pearl Show, multiple industry seminars, jewellery parades, networking receptions and other activities will be held. Highlights include:DateThemeSeminar2 March(Monday)DiamondsForever Forward: Igniting Desire for Natural DiamondsRepresentatives from De Beers analyse trends and developments in the natural diamond market from multiple perspectives.4 March(Wednesday)Jewellery origin-tracing certificationSustainable Gem Practices: Provenance & Ethical Traceabilityfrom Gem LabGübelin Gem Lab Limited, will , a gemological laboratory, will introduce integration of scientific testing and blockchain records.5 March(Thursday)Turquoise from ZhushanSpecial Promotion Conference for Zhushan Turquoise The speaker will share the process of how Zhushan Turquoise is mined and transformed into jewellery, and will explain how to appreciate the beauty of turquoise.International Jewellery Show to shine on WednesdayIn addition to the Hong Kong International Diamond, Gem & Pearl Show, the Hong Kong International Jewellery Show will open this Wednesday and showcase a wide array of finished jewellery pieces. The fair will feature 20 group pavilions from around the world. Notably, the World Gold Council will debut the Hard Pure Gold Pavilion, bringing altogether 11 exhibitors to promote innovative gold craftsmanship from Chinese Mainland. Also making its debut is the Hong Kong Watch Manufacturers Association Pavilion, highlighting exquisite jewellery and timepiece craftsmanship.The creative design zones, including Designer Galleria, will feature about 50 designer exhibitors. Meanwhile, the Hall of Fame has expanded by more than 40%, presenting an even broader selection of magnificent international jewellery brands.To facilitate buyer visits to both shows, the HKTDC will arrange free shuttle bus services between AsiaWorld-Expo and urban areas (including the HKCEC in Wan Chai). Special measures have also been continued this year to facilitate Muslim buyers visiting the shows. These include the provision of dedicated prayer rooms at both exhibition venues, providing shuttle buses to and from local mosques, as well as offering a list of Muslim-friendly hotels and restaurants.Additionally, to enrich the sourcing experience for international buyers, the HKTDC has partnered with the Hong Kong Tourism Board and various enterprises to offer exclusive buyer privileges, including dining, air tickets, hotels and more, allowing visitors to enjoy Hong Kong’s unique charm while attending the twin jewellery shows.Digital platform helps participants explore business opportunities around the clockThis year's twin jewellery shows continue to adopt the Exhibition+ online and offline hybrid format. The AI-powered Click2Match will provide online business matching for exhibitors and buyers from 23 February to 13 March. Physical buyers can use Scan2Match to scan the QR codes of exhibitors, enabling them to continue discussions with exhibitors online during or after the show. Buyers can also enhance their efficiency by completing registration and buyer verification in advance through the HKTDC Marketplace App and the official websites of the two fairs.Photo download: https://bit.ly/3OHSZGkThe Hong Kong International Diamond, Gem & Pearl Show and Hong Kong International Jewellery Show have attracted some 4,000 exhibitors from more than 40 countries and regionsThe Hong Kong International Diamond, Gem & Pearl Show features over 20 national, regional and industry pavilions, and three high-end product zones – the Hall of Fine Diamonds, Treasures of Nature and Treasures of Ocean – to showcase top-quality diamonds, gemstones, pearls, and jewellery raw materials from around the worldZhushan Turquoise Pavilion from Hubei Province makes its debut at the Hong Kong International Diamond, Gem & Pearl Show, showcasing high-quality turquoise with rich, vibrant colour to global buyersGerman exhibitor Caram e.K. (Booth: AWE 8--F05) is showcasing a 7 carat Mozambique ruby —a particular rare find.French exhibitor Alain Boite S.A.S. (Booth: AWE 1--A20) exhibits a freshwater pearl strand measuring 14 to 15.8 mmFair detailsHong Kong International Diamond, Gem & Pearl ShowDateOpening hours2 March 2025 (Monday)10:30am-6:30pm3-5 March 2025 (Tuesday to Thursday)10am-6:30pm6 March 2025 (Friday)10am-5:30pmVenueAsiaWorld-Expo, Hong Kong International Airport, Lantau, Hong KongPress Registration & Media CentreMedia representatives can register at the entrance of AsiaWorld-Expo’s East Lobby (Next to Hall 3), or at the Media Centre (Room 201B, 2/F) by presenting a business card or media identification** Hong Kong International Jewellery ShowDateOpening hours4 March 2025 (Wednesday)10:30am-6:30pm5-7 March 2025 (Thursday to Saturday)10am-6:30pm8 March 2025 (Sunday)10am-5pmVenueHong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan ChaiPress Registration & Media CentreMedia representatives can register at the entrance of HKCEC Hall 1D Concourse, or at the HKTDC Media Centre (G/F, Expo Drive Entrance, HKCEC) by presenting a business card or media identification****For security reasons, all media will be required to present a business card and identity card (or passport) for press registration. Individuals with a valid press pass will be required to present their identity card (or passport) again at the entrance to the exhibition halls for identity verification. Please allow sufficient time for registration and admission.Websites Hong Kong International Diamond, Gem & Pearl ShowHong Kong International Jewellery ShowExhibition websitehttps://www.hktdc.com/event/hkdgp/enhttps://www.hktdc.com/event/hkjewellery/enShuttle bus detailshttps://www.hktdc.com/event/hkdgp/en/travel-to-fairground-awehttps://www.hktdc.com/event/hkjewellery/en/travel-to-fairground-hkcecActivity listhttps://www.hktdc.com/event/hkdgp/en/intelligence-hubhttps://www.hktdc.com/event/hkjewellery/en/intelligence-hubHKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact HKTDC’s Communication & Public Affairs Department: Winnie KanKaty WongJane CheungTel: (852) 2584 4055Tel: (852) 2584 4524Tel: (852) 2584 4137Email: winnie.wy.kan@hktdc.orgEmail: katy.ky.wong@hktdc.orgEmail: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Melbourne, Australia--(ACN Newswire via SeaPRwire.com - February 10, 2026) - Copper-gold explorer and hybrid prospect generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to provide an update on strong initial results and an acceleration of exploration activities following completion of the Phase 1 drilling program at the Nevertire and Nevertire-South projects. The programs are being conducted under earn-in and joint venture agreements with AngloGold Ashanti Australia Limited (AngloGold Ashanti).Phase 1 drilling has upgraded the immediate target zone and reaffirmed Kincora's view that the Nevertire Magmatic Complex (NMC) represents the most advanced and geologically prospective porphyry project within the covered northern extensions of the Macquarie Arc. Drilling has now recommenced to follow up high-priority targets advanced during the second half of 2025.In parallel, exploration activities have expanded to materially increase the search space to the south of the NMC. New geophysical surveys and a review of prior explorer drilling are underway to systematically evaluate and advance a prospective strike length exceeding 40km across the Nevertire and Nevertire South licenses.HIGHLIGHTSExtensive porphyry complex with multiple discovery potential confirmed: Phase 1 drilling (8-holes for 3385.2 metres, completed in 2H'2025) validated the presence of a large, highly prospective composite volcanic-intrusive complex across a greater than 5.4km strike at the Nevertire Magmatic Complex (NMC). Drilling intesected porphyry related lithologies, alteration, and vein hosted and disseminated copper, gold and pathfinder mineralisation.Targets upgraded; follow-up drilling underway: Phase 1 successfully upgraded the immediate target zone (open in all directions) and generated strong vectors for follow-up drilling. Copper and gold grades suggest increasing proximity to one or more porphyry system centre(s) (Figure 5). High-priority infill and step-out drilling has recommenced to further refine vectoring patterns and test multiple potential porphyry centres.Scale increased to province-scale: Phase 1 results combined with a review of prior explorer drilling support a greater than six-fold increase in the prospective strike length across the Nevertire and Nevertire South licenses. An initial ~110km² gravity surveying has been completed as part of a planned ~400km² program. The results, together with historical core resampling, are expected to refine step-out and scout drilling targets across multiple newly interpreted Macquarie Arc intrusive complexes.Expanded scout drilling planned at Nyngan: Planning and permitting are underway to expand scout drilling at two targets at the Nyngan license along with a potential first-ever hole at the adjacent Nyngan South license.Strong partnership and commercial alignment: The Nyngan, Nyngan South, Nevertire South and Nevertire projects form part of two earn-in and joint venture agreements with AngloGold Ashanti, which has the right to invest up to A$100-million across a total of five projects covering a continuous strike greater than 100km within Kincora's Northern Junee-Narromine Belt (NJNB) portfolio. Kincora currently manages the programs and receives a 10% management fee on expenditures.John Holliday, Technical Committee chair, and Peter Leaman, VP of Exploration, said:"Initial results have been very positive, validating Newcrest's prior analogues to the Cadia-Ridgeway and the Goonumbla (Northparkes) porphyry deposits and reaffirmed our view that the Nevertire Magmatic Complex is the most advanced and prospective porphyry project in the covered northern extensions of the Macquarie Arc. As a result, activities have been expanded to both follow up immediate high priority targets with drilling but also systematically advance a province-scale pipeline across a greater than 40km strike. Phase 1 drilling included large step-out holes from two previously favourable Newcrest intercepts and successfully upgraded the immediate target zone. We are very excited to have recommenced drilling, as the results indicate a new, large-scale mineralised system with the geological characteristics required for multiple discoveries.Additional scale is also emerging to the south. A review of prior explorer drilling and a ground gravity survey completed in late 2025 have highlighted significant southern extension potential, where favourable basement intersections, anomalous results, and untested magnetic and gravity anomalies remain open for drill testing.Separately, planning continues to support further scout drilling at the Nyngan and potentially Nyngan South projects. With a portfolio exceeding 2,350km² and a strong partnership with AngloGold Ashanti, Kincora is well positioned to systematically advance this unique, province-scale opportunity, offering substantial leverage to shareholders."NEVERTIRE AND NEVERTIRE SOUTH PROJECTSTarget specific drilling Following the April 2025 amended and second earn-in agreement with AngloGold Ashanti 1, a first phase drilling program commenced at both the Nevertire and Nevertire South licenses in 2H'2025. The program benefitied from unimpeded access across the consolidated ~8 x 12km Nevertire Magmatic Complex (NMC) and was designed to follow up two prior favourable drill results reported by Newcrest Mining and the most northern drilled holes at the NMC.Newcrest holes ACDNY005 and ACDNY006 were drilled ~2.7km apart, in the central portion of the NMC, and returned "lithologies, alteration and veining consistent with a setting similar to the Cadia-Ridgeway and Goonumbla (Northparkes) porphyry Cu-Au deposits" 2. Kincora's relogging of these holes, led by technical director John Holliday, supported this interpretation.The Phase 1 program included large scale step-out drilling and was designed to identify and define vectoring patterns toward potential porphyry centres. This program was very encouraging in providing strong vectors, upgrading the immediate target zone, supporting Newcrest's previous interpretation and reaffirming the Company's view that the NMC is the most geologically prospective porphyry project in the northern covered extensions of the Macquarie Arc.The 8 hole program, totalling 3385.2 metres, utilised cost-effective mud-rotary drilling through the relatively soft post mineral cover sequence, followed by NQ3 diamond core drilling of the porphyry-prospective basement. All holes intersected basement. Drilling to date has intersected the NMC at shallow to moderate depths, with basement mostly at ~70m (in the south-west) to a 250m depth.Step-out drilling across a greater than 4km of strike intersected multiple porphyritic intrusive phases beneath a moderate thickness of post-mineral cover - see Figures 4-5 and Tables 1-4. Lithologies intersected include monzonite, diorite, dacite, and crowded pyroxene-hornblende andesites - see selected core photographs in Figure 6. Favourable alteration and porphyry-style veining were observed, with copper, gold and pathfinder element geochemistry providing vectors for high-priority follow-up drilling, including copper grades suggestive of increasing proximity to a porphyry system centre(s) (see Figure 5).High priority infill and further step-out drilling has recommenced to discover and refine vectoring patterns toward prospective porphyry centres.Larger scale new target and intrusive complex generation As previously announced, following encouraging initial visual observations, follow-up geophysical surveys commenced in 2H'2025, together with a review of prior explorer drilling results and ground gravity survey data 3.These activities have resulted in a material increase in the prospective search space across the Nevertire and Nevertire South licenses, supporting a total prospective strike of greater than 40km N-S, representing a greater than 6x increase relative to the initial Phase 1 drill strike extent - see Figure 3.A gravity survey covering ~110km2 has been completed and is currently being intergrated with legacy gravity data-sets, totalling ~148km2, acquired by prior explorers. These historical surveys were variable in coverage density and spatial distribution, reflecting piecemeal target-specific objectives. When combined with the new systematic gravity coverage, the dataset is expected to support a more coherent district-scale interpretation, with a further ~290km² of gravity surveying planned in 2026.Prior explorer drilling across the southern extensions of the NMC includes 23 diamond holes totalling 7,383.7 metres, with some drillcore hosted in the publicly accessible Londonderry core library at the NSW Government's WB Clarke Geoscience Centre. Numerous historical drillholes in the Nevertire South priority area and adjacent southern targets were only partially sampled or analysed for a limited element suite, and most critical porphyry pathfinder elements were not consistently assayed.As a result, multiple historical drillholes intersecting basement, coincident with favourable magnetic and/or gravity anomalies and returning anomalous geochemical results, were not advanced beyond initial testing. Many of these intersections are now recognised to be spatially associated with interpreted Macquarie Arc intrusive complexes that remain open and untested.Resampling, re-logging and modern analytical work on high-priority historical drillholes, together with new geophysical data, is planned and is expected to expand and systematically advance the exploration pipeline, refine further step-out and scout drilling targets, and support evaluation of multiple potential new Macquarie Arc intrusive complexes.Figure 1: Kincora and AngloGold Ashanti have partnered to explore new district-scale undercover extensions of the world-class Macquarie Arc in the Northern Junee-Narromine Belt via two earn-in and joint venture agreements, currently aggressively drilling large greenfield targets Kincora has a portfolio of eight active projects, including managing two earn-in programs with AngloGold Ashanti, receiving a 10% management fee on expenditures, and covering a continuous 100km strike across 5 adjacent licenses (see References footnote 7 for source data for disclosed inventory/metal endowment)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/283322_9d387295a4fb3b48_001full.jpgFigure 2: Positive results have supported an acceleration of exploration activities, with step-out and infill drilling recommenced at the Nevertire South license, wider exploration planned to the south, and planning underway for recommencing drilling at multiple targets within the the Nyngan license, and potentially a maiden scout hole in the Nyngan South license To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/283322_9d387295a4fb3b48_002full.jpgFigure 3: Phase 1 drilling results reaffirm Kincora's view that the NMC is the most advanced and geologically prospective porphyry project in the covered northern extensions of the Macquarie Arc, with the southern strike highlighting new province-scale potential A gravity survey covering >100 km² has been completed within a planned total survey area of >400 km². This work, together with resampling of historical drill core, is expected to refine step-out and scout drilling targets and support evaluation of multiple potentially new Macquarie Arc intrusive complex targets. Initial drilling has commenced with broad area approvals in place for upto 16 holes with further approvals to the south pending.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/283322_9d387295a4fb3b48_003full.jpgFigure 4: Phase 1 drilling included large scale step out drilling across a >4km strike in the central to northern portions of the NMCPlan view of 2H'2025 drilling, with the corresponding long section provided in Figure 5. Results are consistent with Newcrest's prior interpretation that the project hosts lithologies, alteration and veining characteristic of a setting comparable to Macquarie Arc porphyry systems such as Cadia-Ridgeway and Goonumbla (Ridgeway) ²To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/283322_9d387295a4fb3b48_004full.jpgFigure 5: Phase 1 drilling successfully upgraded the immediate target zone (open in all directions), providing vectors for follow up drilling, including copper and gold grades suggestive of proximity to a porphyry system centreInformation disclosed for Cadia-Ridgeway is not necessarily indicative of the Nevertire Magmatic Complex ("NMC"), and is provided for illustrative purposes only to demonstrate the typically discrete alteration and mineralisation footprints characteristic of Macquarie Arc "pencil" or "finger" porphyry systems. Phase 1 drilling by Kincora has returned encouraging copper and gold assay results, together with lithologies, alteration and veining consistent with this conceptual framework, supporting its relevance.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/283322_9d387295a4fb3b48_005full.jpgFigure 6: Positive observations with intrusions, hydrothermal alteration, porphyry veining associated with disseminated and vein-hosted sulphideDetailed core photography of selection portions of 2H'2025 drilling, showing a range of mineralisation and alteration types from mineralised intervals within the middle-northern section of the Nevertire Magmatic Complex ("NMC")See Tables 1-3 for additional geological discriptions, peak and significant assay resultsFor Photos of the drill core please refer to the PDF of this release available on Kincora's home page at https://kincoracopper.com/wp-content/uploads/2026/02/20260210_KCC_Exploration-expands-and-upgrades-Nevertire-South.pdf(09-02-2026)Hole NEDD005 - 348.1m: stockwork chalcopyrite-pyrite bearing quartz-carbonate veins intersect silicified dacite porphyry, returning elevated copper (542 ppm) with minor zinc.Hole NEDD005 - 358.6m: stockwork chalcopyrite-pyrite bearing quartz-carbonate veins intersect silicified, brecciated dacite porphyry, returning elevated copper (235 ppm) with minor molybdenum and zinc.Hole NEDD006 - 337.15m: chalcopyrite-pyrite bearing quartz-carbonate veins cutting strongly propylitic altered intermediate volcanic rocks, returning elevated copper (4470 ppm) with minor gold, molybdenum, silver and zinc.Hole NEDD006 - 407.7m: chalcopyrite-pyrite rich quartz-carbonate-magnetite-hematite veins intersecting weakly propylitically altered intermediate volcanic rocks, returning elevated copper (1310 ppm) with gold (0.431 g/t) and minor molybdenum, silver and zinc.Hole NEDD006 - 417.25m: chalcopyrite-pyrite bearing quartz-carbonate-chlorite-hematite vein and dessiminated chalcopyrite-pyrite within weakly propylitically altered intermediate volcanic rocks with elevated copper (234 ppm) with minior gold, molybdenum, silver and zinc.Hole NEDD007 - 384.45m: chalcopyrite-pyrite-bornite rich quartz-carbonate-specular hematite veining intersecting weakly propylitically altered intermediate volcanic rocks, returning elevated copper (3400 ppm) and gold (0.341 g/t), with minior molybdenum, silver and zinc.Hole NEDD007 - 519.5m: chalcopyrite-pyrite rich quartz-carbonate-chlorite veins intersecting strongly propylitic-sodic altered hydrothermal breccia, returning elevated copper (13700 ppm) with gold (0.475 g/t) and molybdenum (31.8 ppm) with minor silver, lead and zinc.Hole NEDD007 - 557.4m: hydrothermal breccia with a quartz-carbonate+chlorite cement hosting disseminated chalcopyrite mineralization, returning elevated copper (812 ppm) and gold (0.28 g/t) with minior molybdenum and silver.ABOUT THE NJNB PROJECT PORTFOLIOThe Macquarie Arc is a hotspot for recent corporate activity with over A$16-billion of M&A for producing porphyry assets and over A$385 million of exploration earn-in/joint ventures 6. The district has seen considerable exploration success, including two greater than 10Moz gold equivalent discoveries/resource expansions 7 and an emerging gold discovery by Waratah Resources at the Spur project 8 and LinQ Minerals at the southern zone of the Gilmore project 9.Despite regional magnetics effectively mapping the Macquarie Arc volcanic belts, due to the post mineral cover, there has been very limited prior drilling of the extensions of both the Junee-Narromine and Molong volcanic belts relative to the southern more outcropping sections which hosts a number of world-class deposits and mines (e.g. Cadia, Cowal and Northparkes).Kincora's portfolio and the wider NJNB offers new district-scale discovery potential with spatial and temporal settings, coupled with magnetics, gravity and new Ambient Noise Tomography (ANT) surveys, supportive of large-scale targets analogous to porphyry deposits located in the southern section of the Arc.AngloGold Ashanti has secured Earn-in and Joint Venture Agreements with both Kincora and Inflection Resources (AUCU.CSE) ("Inflection", market capitalisation C$31.3 million) within the NJNB with over A$20 million investment to date 10. In 2Q'2025, AngloGold Ashanti moved to Phase II of its earn-in agreement with Inflection designating a total of four projects to continue earning into (including two projects adjacent to Kincora's Nyngan project) 11 and signed a major amendment with Kincora to include a second joint venture supporting a continuous strike greater than a 100kms and five projects.The most recent notable example of a new globally significant emerging porphyry district is the Vicuña district, which is also an extension of a renowned world-class porphyry belt. Vicuña is an extension of the central Andean belts in Argentina on the border of Chile and situated at over 4000m altitude.Within this district NGEx Resources Inc in 2009 held three early-stage exploration projects and at the time had a market capitalisation of approximately C$40 million 12. These same projects are all still at a pre-development phase but have yielded in four large-scale discoveries valued at over A$11 billion 13.Kincora was an early mover into the NJNB and has opportunistically pegged strategically important ground directly from the State resulting in a district scale portfolio of the interpreted most prospective and shallow to moderate covered part of the northwards extension of the Macquarie Arc under post mineral cover. This portfolio now covers a strike twice the length of the Vicuña district and is included in earn-in and agreements with AngloGold Ashanti.ABOUT KINCORAKincora Copper Limited (ASX: KCC) (TSXV: KCC) is an emerging Australia-focused copper-gold explorer with a hybrid prospect generator strategy. The Company is now successfully proving up the prospectivity of its extensive project portfolio, which includes multiple district-scale landholdings and scalable drill ready targets. These assets are located in Australia's Macquarie Arc and Mongolia's Southern Gobi, two of the globe's leading porphyry belts, and the historical Condobolin mining field within the Cobar Basin in NSW.Kincora is using an asset level partner model to develop and implement exploration strategies for its wholly-owned large-scale exploration stage porphyry projects. The Company has already unlocked over $100 million of potential partner funding for multiple earlier stage and/or non-core porphyry projects 13. These initial deals have supported over 16,000 metres of drilling and over A$7m of partner funded exploration since late 2024 until September 30, 2025, with management fees and exploration ramping up 14.Partner discussions are ongoing for its remaining 100% owned flagship projects that are all situated within existing porphyry camps containing over 20-million-ounce gold equivalent resource inventory.Kincora's ambition is to be the operator for exploration budgets of over $10 million per annum for the porphyry portfolio providing sufficient project management fees for the Company to be self-funding (covering corporate costs and maintenance of remaining wholly owned projects) and have partnerships with a diversified portfolio of industry leading producers/explorers. This is in addition to the various other existing partnerships where Kincora is not the operator or receiving a management fee income stream.The Company has assembled an industry leading technical team who have made multiple world-class copper and gold discoveries, who have "skin in the game" equity ownership, and, backed by a consolidated and sophisticated shareholder register. In Septmber 2025, Kincora closed an oversubscribed C$4 million non-brokered private placement of units led by leading North American investors, including Rick Rule and Jeff Phillips, and their investor networks.The share units have a 12-month hold period and there is an accelerator on the warrants - both at the lead investors requests. This raising is concurrent with a corporate restructuring and share capital roll back with only 43-million shares outstanding and over 60% of the register held by reporting insiders and/or in 12-month hold stock.The roll back and placement terms provides Kincora the corporate structure to leverage the deals, partner funding and project results already in place and to unlock significant existing value. This is starting to be realized.The new capital provides the ability to accelerate more drilling, do more asset level deals, earn more management fees, and, ultimately, supporting the ambition of more (big) new discoveries. These multiple avenues all provide further material value catalysts for shareholders.The financing also supports Kincora pursuing a hybrid project generator model and undertaking drilling at our 100% owned Condobolin project. The Condobolin project hosts a historical mining field located within the Cobar Basin and within trucking distance to an existing mill seeking third party ore. The Cobar Basin has recently seen a number of significant new discoveries (eg Federation, Achilles, Mallee Bull, Southern Nights and Wagga Tank) and significant corporate activity (eg Harmony's A$1.6 billion takeover of MAC, Kingston Resources receiving A$50 million cash for the first tranche of its divestment of its Misima project etc). The project and regional profiles' support the Condobolin project being an asset that a junior explorer such as Kincora can add significant value too.By having a significant portfolio of partner funded large porphyry projects, and a very focused program on a 100% owned project, the Company is seeking to position Kincora as a leading institutional grade explorer in the public Australian and Canadian markets, and the leading project generator on the ASX.To learn more, please visit: www.kincoracopper.comThis announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)For further information please contact:Sam Spring, President and Chief Executive Officersam.spring@kincoracopper.com or +61431 329 345Laurie Thomas, Strategic Advisorlaurie.thomas@kincoracopper.com or +1306 341 3826Media contactJulia Maguire, Managing Director, The Capital Networkjulia@thecapitalnetwork.com.au or +61 2 7257 7338Executive office400 - 837 West Hastings StreetVancouver, BC V6C 3N6, CanadaTel: 1.604.283.1722Subsidiary office AustraliaC/- JM Corporate ServicesLevel 6, 350 Collins StreetMelbourne, VIC, Australia 3000Qualified PersonThe scientific and technical information in this announcement was prepared in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and was reviewed, verified and compiled by Kincora's staff under the supervision of Peter Leaman (M.Sc. Mineral Exploration, FAusIMM), Senior Vice-President of Exploration of Kincora, and John Holliday (BSc Hons, BEc, member of the Australian Institute of Geoscientists), Non-Executive Director and Chairman of Kincora's Technical Committee, who are Qualified Persons for the purpose of NI 43-101.JORC Competent Person StatementInformation in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves are those that have been previously reported (with the original release referred to in this announcement), in the case of Mineral Resources or Ore Reserves the material assumptions and technical parameters underpinning the estimates have not materially changed, and have been reviewed and approved by John Holliday and Peter Leaman, who are Competent Persons under the definition established by JORC and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. John Holliday and Peter Leaman consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The review and verification process for the information disclosed herein for the Nyngan Projects have included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora's geological staff using standard verification procedures.Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283322 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

The first drilling program by Kincora with earn-in partner AngloGold Ashanti Australia Limited (AngloGold Ashanti) at the Nyngan porphyry project has been expanded and is ongoing following favorable initial results that support district-scale deposit potential6 wide spaced scout holes for 2707m completed at the South-West and Ace of Spades targets with all interpreted to have intersected targeted Macquarie Arc rocks1Encouraging anomalous copper and pathfinder minerals noted in multiple holesHole NYDD007 encountered porphyry style quartz veins, multiple intrusives and significant sulphides indicating a potential proximal setting and a priority target for Stage 2 follow up drillingThe initial scout drilling program has been resumed following the summer break, and now expanded with further approvals submitted for up to a total of twenty holesA ground gravity survey is underway across an ~40km strike covering the wider South West and Ace of Spades targetsA Stage 2 follow up phase of step out drilling is proposed post completion of the scout drilling and ground gravity programsPermitting and land access activities commenced to support a first phase drilling program with earn-in partner AngloGold Ashanti at the Nevertire porphyry projectKincora is managing the programs and receives a 10% management feeAngloGold Ashanti has the right to spend up to A$50 million to earn an 80% interest in the Nyngan and Nevertire projects.Melbourne, Australia--(ACN Newswire via SeaPRwire.com - February 13, 2025) - Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to provide an update on its ongoing and expanded exploration programs at the Nyngan project, located in the interpreted undercover extension of the Macquarie Arc in NSW, Australia, conducted under an earn-in and joint venture agreement with, and funded by, AngloGold Ashanti.John Holliday, Technical Committee chair, and Peter Leaman, VP of Exploration, commented:"Initial drilling has provided encouraging results supporting our belief that the Nyngan project is a new porphyry district scale opportunity and, as agreed with our partner AngloGold Ashanti, this warrants an expansion to our first phase of exploration activities with renewed drilling and geophysics mobilised.Scout drilling to date has provided very wide spatial coverage across separate potential intrusive complexes, with all holes interpreted to have intersected Macquarie Arc rocks 1, and, encouraging chalcopyrite and anomalous copper in multiple holes. In particular, the last hole of 2024, hole NYDD007 encountered porphyry style quartz veins, multiple intrusives, a locally developed exoskarn and significant sulphides strongly warranting step out drilling to either discover or provide a vectoring pattern to a possible deposit. Further separate potential complexes within the South-West and Ace of Spades targets have been chosen for the continuation of the scout drilling. A detailed ground gravity survey covering ~400km2 is in progress to help define more drilling targets including possible silicified basement hills under the cover rocks which may be due to high sulphidation gold mineralisation related to porphyry deposits. The expanded scout drilling and ground gravity survey will assist with specific vectoring and a budgeted second phase follow-up and step out drilling program. Preparations are also taking place for the first Kincora-AngloGold Ashanti drilling at the Nevertire project." Background The interpreted undercover extensions of the renowned Macquarie Arc porphyry copper-gold geology are a globally significant exploration opportunity offering new district(s) scale discovery potential. The relatively mature and well-explored sections of the Macquarie Arc host:a mineral endowment of over 160 million gold equivalent ounces 2,multiple world-class mines, some of which have recently attracted over $16 billion of corporate activity 3, and,two projects with resource growth of over 10 million gold equivalent ounces (Boda-Kaiser and Cowal) 4.The less explored extensions of the Arc have attracted five recent earn-in and joint venture agreements supporting potentially over $300 million in exploration and development expenditures 3.Kincora was an early entrant into the geophysically interpreted undercover Northern Junee-Narromine Belt (NJNB) of the Macquarie Arc. The Company now holds a >100km north-south strike of contiguous licenses across a number of interpreted underexplored, some never drilled, probable intrusive complexes and volcanic edifice sections of the undercover extensions of this belt.The Company's Nyngan and Nevertire projects are two of a total of five Kincora projects in the NJNB, and are being advanced via an up to A$50 million earn-in and joint venture agreement with AngloGold Ashanti (the other three projects are held 100% and Kincora is proactively seeking asset level partners).Initial drilling results at the Nyngan project have provided strong encouragement and support the view that the Nyngan project is highly prospective for large scale porphyry related copper-gold deposits and offers new district scale potential.The exploration program by Kincora with AngloGold Ashanti has been expanded, including both a continuation of a scout drilling program and an expansion of ground gravity geophysical surveying.During 4Q'2024, six holes for 2707m were completed utilising cost-effective mud-rotary drilling through the relatively soft post mineral cover sequence followed by diamond core drilling (NQ3) of porphyry-prospective basement. The holes have provided samples of basement geology across separate magnetic complexes and key lithological domains.The first phase scout program has sought to gain wide spatial coverage across in two very broad areas, the South-West target and the Ace of Spades target, both defined by coincident aeromagnetic and gravity features with only one previous hole to basement at the South-West target and no prior basement intersections at the Ace of Spades (see Figure 2).The holes (NYDD002 to NYDD007) encountered a variety of basement lithologies including andesite, volcaniclastic breccia, diorite, gabbro, dolerite, and granodiorite, sandstone and siltstone, which based on extensive geological experience in the district, are all interpreted to be Macquarie Arc basement rocks, but noting age dating and lithogeochemistry analysis are pending. Hole NYDD007 within the south-western stem of the Ace of Spades has identified a high priority follow-up target warranting step out drilling to either discover or create a vectoring pattern to a possible deposit. See Figure 3 for select photos of NYDD007 drill core.Intervals hosting native copper, chalcopyrite, bornite, pyrite and molybdenite were noted in holes NYDD002, 003, 004, 006 and 007 (see Tables 1 and 2). The sulphides occur as disseminations, fracture-fill and within quartz±carbonate veins, and also in mineralized skarn in NYDD007. Long intervals of anomalous copper were returned in the assays for NYDD003, 004 and 007 (see Table 2). The volcanic, sedimentary and/or intrusive rocks had been overprinted by moderate to strong, patchy to pervasive magnetite+chlorite-, epidote+carbonate±albite-, sericite and garnet+epidote+chlorite+calcite bearing hydrothermal alteration assemblages in NYDD003, 004, 006 and 007.Table 1: Nyngan project: Summary of 2024 mud rotary-diamond tail drill holes (metres)HoleMudRotaryDiamondCoreEnd of HoleInterpreted BasementBasementIntervalHighlightsNYDD002212.9240.7453.6440.812.8Chalcopyrite, borniteNYDD003257.8168.6426.4255171.4ChalcopyriteNYDD004235.3265.6500.9318182.9Chalcopyrite, pyrite, native copperNYDD005335.535.7371.233338.2 NYDD006302.7135.5438.2302.7135.5ChalcopyriteNYDD007305.7210.6516.3305.7210.6Pyrite, molybdenite, chalcopyrite native copperTotal1649.9 1056.72706.6 Drilling paused for the summer holiday period with the scout drilling program recommenced to provide further wide spatial coverage of basement lithologies across separate potential intrusive complexes at both the South-West and Ace of Spades targets. Further drill hole permits have been submitted for up to a total of twenty holes (see Figure 2).A ground gravity survey is progressing well, covering a total of ~400km2 across the extensions of the South-West and Ace of Spade targets (see Figure 2), and expanding and providing infill coverage from the ground gravity survey completed in 2024. The infill program is expected to refine an existing interpreted high sulphidation gold target associated with a basement high, whilst the regional survey is expected to define additional targets.Completion of the initial scout drilling program and the ground gravity survey are expected to refine areas of interest for a proposed and budgeted second phase follow-up drilling.Figure 1: A new district-scale series of major and untested magmatic complex targets are situated with in the Nyngan project that potentially represent the largest volcano-intrusive complex of the Macquarie ArcKincora is managing the exploration program, currently receives a 10% management fee of expenditures with expanded initial scout drilling and ground gravity survey ongoingTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/240664_figure1.jpgFigure 2: 6 wide spaced scout holes have been completed with drilling expanded with further approvals submitted for up to a total of 20-holes. A ground gravity survey has commenced across ~40km N-E strike covering the wider South-West and Ace of Spades targets. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/240664_figure2.jpgFigure 3A: NYDD007: select photos of key lithological units of diamond drill coreTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/240664_figure3a.jpgFigure 3B: NYDD007: select photos of key lithological units of diamond drill coreTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/240664_figure3b.jpgTable 2: Nyngan project: Selected maximum assay valuesHoleCopper(ppm)Gold(ppm)As(ppm)Mo(ppm)S(%)Ag(ppm)NYDD002 14240.0116.01.560.030.29NYDD003 23780.01629.41.230.190.24NYDD004 36800.03815.81.600.850.28NYDD005 41590.01416.81.481.080.66NYDD006 52450.01627.11.270.020.32NYDD007 64720.21511.12113.490.59 1 - A 12.8m interval of interpreted Ordovician age gabbro was returned in diamond core sampling of basement for NYDD002. The reported maximum assay values is over a 1.3m sample of the gabbro unit below a contact with an overlying conglomerate (from 440.7m), The intersected basement had a weak to moderate pervasive propylitic alteration assemblage comprising chlorite, magnetite and epidote, overprinted by weak patchy albite with hematite dusting. The last four metres of the hole had rare very fine grained bornite and chalcopyrite occurring together with chlorite and magnetite.2 - NYDD003 returned broad intervals of anomalous copper (up to 378ppm copper over 2m from 396m). The best intercepts were 6m @ 214ppm copper from 309m (within a fine to medium grained basaltic andesite with moderate pervasive chlorite, patchy epidote with 1-5% wispy calcite±epidote±quartz veins, rarely with fine grained pyrite and chalcopyrite) and 64m @ 264ppm copper from 362.4m (within very coarse grained plagioclase phyric diorite with weak to moderate pervasive chlorite+calcite+magnetite with patchy epidote and non-stratified pebbly-granular volcaniclastic sandstone or matrix-supported breccia with moderately shearing and foliation, moderate pervasive chlorite+calcite and very weak to weak patchy zones of very fine grained quartz, magnetite and pyrite) (calculated using 200ppm copper minimum and 4m internal dilution cutoffs).3 - volcaniclastic rocks returned anomalous copper (up to 680ppm copper over 2m from 381m within a andesite brecca clast) over broad intervals in NYDD004. The best intercepts were from upper parts of the hole, where native copper occurred as fracture-fill and disseminations: 14m @ 427ppm copper from 339m and 8m @ 523ppm copper from 375m. Broad intervals of disseminated and vein-hosted chalcopyrite occurred in lower parts of the hole: 28m @ 255 ppm copper from 393m and 65m @ 249ppm copper from 428.5m (calculated using 200ppm copper minimum and 4m internal dilution cutoffs).4 - Minor mineralization was noted in NYDD005 and related to disseminated very fine-grained magnetite and rare euhedral pyrite crystals with calcite strain fringes with only up to 159ppm copper over 2m from 341m.5 - Trace chalcopyrite was rarely observed in hole NYDD006 in calcite+quartz±epidote veins with up to 245ppm copper over 2m from 316m.6 - NYDD007 encountered a volcanic package of plagioclase phyric andesite, microdiorite, fine-grained volcaniclastic sandstone and minor andesite-clast breccia, intruded by an equigranular granodiorite and associated aplite, pegmatite and quartz-feldspar porphyry. The intrusions occurred as multi-metre bodies, smaller dykes, veins and stringers. Pyrite (locally up to 5%) and trace amounts of chalcopyrite, molybdenite and native copper (locally up to 0.3%) occurred in hole NYDD007. Quartz+pyrite±carbonate±epidote veins up to 5cm width occurred throughout the hole, within the granodiorite and volcanic-sedimentary host rocks, some containing chalcopyrite or molybdenite, many with bleached, sericite-rich selvedges. There were also pyrite±chalcopyrite veins and pyrite stringers. Late carbonate veins and breccia veins tended to be associated with fracture zones and were surrounded by broad sericite+carbonate±pyrite-altered zones. There were multiple hydrothermal and contact-metamorphic alteration assemblages observed throughout NYDD007. The maximum grade of 0.215 g/t gold is over 1m from 418m with a geological description provided in Figure 3 with an accompanying photo and description of that lithological unit.. Table 3: Nyngan project: Summary of mud rotary-diamond drill Holes completed 4Q'2024TargetHoleEnd of Hole (m)Dip(°)Azimuth (true)Easting(MGA)Northing(MGA)Elevation(m)Diamond Corerecovery (%)South-WestNYDD002453.6-900517309653297214999.9%Ace of SpadesNYDD003426.4-900533326655416714999.7%Ace of SpadesNYDD004500.9-900533918654740814997.5%Ace of SpadesNYDD005371.2-75247529381655783614998.0%Ace of SpadesNYDD006438.2-900525242655478314999.7%Ace of SpadesNYDD007516.3-900525542654501014999.6% About the Nyngan ProjectThe Nyngan license (Exploration Licence 8929) was the first ground Kincora secured in NSW. It is a large 762km2 direct application tenement granted by the NSW State Government covering a significant portion of the interpreted under cover section of the northern Junee-Narromine Belt 7. The Junee-Narromine Belt is one of the two largest belts of the Macquarie Arc, Australia's foremost porphyry belt, which hosts a mineral endowment of over 160 million gold equivalent ounces 2.The license hosts almost no prior explorer drilling even though regional geophysics strongly indicates a new potential district-scale setting for a significant number of interpreted, large-scale, porphyry copper-gold intrusive complex targets.In May 2024, Kincora signed a definitive multiple-phase Earn-in and Joint Venture Agreement (Agreement) over the Nyngan and Nevertire licences with AngloGold Ashanti Australia Limited, a wholly owned subsidiary of AngloGold Ashanti plc (NYSE: AU; JSE: ANG), the world's fourth largest gold miner by production which has a successful track record for greenfields discovery success.AngloGold Ashanti has the right to spend up to A$50 million to earn an 80% interest through:A$25 million of exploration expenditure to earn a 70% joint venture interest (Phase I) including a minimum A$2 million expenditure obligation, with Kincora the initial operator for a 10% management fee.Completion of a Pre-Feasibility Study (PFS) or funding of a further $25 million of expenditure to earn a 80% joint venture interest (Phase II).In July 2024, separate to the Agreement with AngloGold Ashanti, Kincora formed a partnership with Fleet Space Technologies Pty Ltd (Fleet Space) to undertake Ambient Noise Tomography (ANT) and gravity geophysical surveys under a research and development grant at the Nyngan project.The Fleet Space surveys were completed in 2024 and focused on a small portion of the Ace of Spades target. The ongoing ground gravity survey covering ~400km2 provides further coverage across the extensions of the South-West and Ace of Spade targets and infill spacing over areas of the 2024 ground gravity survey.About Kincora Kincora Copper Limited is dual listed on the ASX and TSX-V (ticker "KCC") and is an active explorer and project generator focused on world-class copper-gold discoveries.The Company has recently shifted to an asset level funding strategy for its wholly owned porphyry projects, partnering to date for five of twelve projects, and retaining its Cobar superbasin project (Condobolin) as a 100% owned project.Recent deals have unlock up to A$60 million in multiple year partner funding and supported countercyclical growth increasing the number of NSW based projects by a third.Field activities resumed in 4Q'2024 and have began to ramp up with over 7000 metres of drilling and over A$3.5m of partner funded exploration.Kincora is now focused on further and larger asset level deals for its more advanced and/or proximal to mine porphyry projects, and, advancing the next stage of exploration for already partnered projects.For more information please visit Kincora's website at www.kincoracopper.comReferences:1 The interpretation of Macquarie Arc age basement rocks is based on extensive geological experience in the district with age dating, lithogeochemistry and other analytical analysis are pending seeking to confirm2 Sourced from MinEx Consulting for Kincora3 Sourced Ocean Blue Equities Oct 8, 2024 initiation research report on Waratah Minerals4 These include: (i) Cowal epithermal gold project by Evolution Mining: Current endowment of 13.7Mtoz gold, including historic production of 4.7Moz gold and current resource of 9Moz gold, relative to the resource of 3.4Moz gold at the time of the project acquisition in May 2015. Significant resource growth has come from the Dalwhinnie/ GRE46 underground discovery with production from the underground now ramping up with resource gold grades almost 3x higher than open pit (@ 2.45g/t Au) (refer to www.evolutionmining.com.au for further details, including the annual resource / reserve statements with technical disclaimers, the Mar 25, 2015 release "Transformative Acquisition of Cowal Gold mine" and the Ocean Blue Equities Oct 8, 2024 initiation research report on Waratah Minerals); and, (ii) (ii) the Boda-Kaiser porphyry project is owned Alkane Resources (refer to www.alkane.com.au for further details, including the annual resource / reserve statements with technical disclaimers). This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)For further information please contact: Sam Spring, President and Chief Executive Officer sam.spring@kincoracopper.com or +61431 329 345Executive office400 - 837 West Hastings StreetVancouver, BC V6C 3N6, CanadaTel: 1.604.283.1722Fax: 1.888.241.5996Subsidiary office Australia Vista Australia Level 4, 100 Albert RoadSouth Melbourne, Victoria 3205 Qualified PersonThe scientific and technical information in this announcement was prepared in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and was reviewed, verified and compiled by Kincora's staff under the supervision of Peter Leaman (M.Sc. Mineral Exploration, FAusIMM), Senior Vice-President of Exploration of Kincora, and John Holliday (BSc Hons, BEc, member of the Australian Institute of Geoscientists), Non-Executive Director and Chairman of Kincora's Technical Committee, who are Qualified Persons for the purpose of NI 43-101JORC Competent Person StatementInformation in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves are those that have been previously reported (with the original release referred to in this announcement), in the case of Mineral Resources or Ore Reserves the material assumptions and technical parameters underpinning the estimates have not materially changed, and have been reviewed and approved by John Holliday and Peter Leaman, who are Competent Persons under the definition established by JORC and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. John Holliday and Peter Leaman consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The review and verification process for the information disclosed herein for the Nyngan Projects have included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora's geological staff using standard verification procedures.Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.JORC TABLE 1Section 1 Sampling Techniques and Data(Criteria in this section apply to all succeeding sections).CriteriaJORC Code explanationCommentarySampling techniquesNature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling.Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.Aspects of the determination of mineralisation that are Material to the Public Report.In cases where 'industry standard' work has been done this would be relatively simple (e.g. 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed informationKincora Copper Limited (Kincora) is the operator of the Nyngan Project (EL8929) undertaking exploration in partnership with AngloGold Ashanti under an earn-in and joint venture agreement.Drill hole planning, targeting, sampling and budgeting is discussed and agreed at quarterly technical committee workshops between Kincora and AngloGold Ashanti.Drilling ulitises mud-rotary to refusal followed by diamond coring methods by Ophir Drilling Pty Ltd from which sub-samples of core are taken over 2 m intervals and pulverised to produce suitable aliquots for fire assay and ICP-MS.Diamond drilling was used to obtain core samples from the ground, which was then structurally, geotechnically and geologically logged.Some sample intervals spanning lithological contacts or changes in alteration and mineralization were less than 2 m.Sampling was completed to industry standards with 1⁄4 core for PQ and HQ diameter diamond core and 1⁄2 core for NQ3 diameter diamond core sent to the lab for each sample interval.Samples were assayed via the following methods:- Gold: Au-Tl43 (Fire assay)-Multiple elements: ME-MS61 (4 acid digestion with ICP-MS analysis of 48 elements)- Assay results >10g/t gold and/or 1% copper are re-assayed- Hyperspectral: analysis of alteration minerals using Terraspec instrument and HYP-PKGAll of the diamond core from the 2024 drilling of six holes has been cut and submitted to Australian Laboratory Services Pty Ltd (ALS) in Orange, with assays returned for all holes.An initial batch of nine core samples for petrological descriptions and confirmation of the lithologies, alteration assemblages, textures and paragenesis has been submitted, with results pending at the time of writing.Four quarter core samples have been submitted for U-Pb age dating of the zircon, titanite or apatite grains, with results pending at the time of writing.A suite of coherent (volcanic and intrusive) rocks have been chosen for lithogeochemistry, with results pending at the time of writing.Select existing pulps will be re-run as Li borate fusion discs to obtain more accurate trace element concentrations.Historic sampling on other projects included soils, rock chips and drilling (aircore, reserve circulation and diamond core).Drilling techniquesDrill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.).Drilling by Kincora at Nyngan has used cost effective mud-rotary in the cover sequence rocks and diamond core drilling in the basement rocks with NQ triple tube diameter diamond core tail.Historic drilling on other Kincora projects have used a variety of methods including aircore, reverse circulation and diamond core.Drill sample recoveryMethod of recording and assessing core and chip sample recoveries and results assessed.Measures taken to maximise sample recovery and ensure representative nature of the samples.Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.Drill core recovery was logged.Diamond drill core recoveries are contained in the body of the announcement - see Table 3.Core recoveries were recorded by measuring the total length of recovered core expressed as a proportion of the drilled run length.There is no relationship between core recoveries and grades.LoggingWhether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography.The total length and percentage of the relevant intersections logged.All holes are geologically logged for their entire length including lithology, alteration, mineralization (sulphides and oxides), veining and structure.Logging is mostly qualitative in nature, with some visual estimation of mineral proportions that is semi-quantitative. Measurements are taken on structures where core is orientated.All core is photographed wet and dryHistoric drilling was logged with logging mostly recorded on paper in reports lodged with the NSW State.Sub-sampling techniques and sample preparationIf core, whether cut or sawn and whether quarter, half or all core taken.If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry.For all sample types, the nature, quality and appropriateness of the sample preparation technique.Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.Whether sample sizes are appropriate to the grain size of the material being sampled.Once all geological information was extracted from the drill core, the sample intervals were cut with an automatic core saw, bagged and delivered to the laboratory.This is an appropriate sampling technique for this style of mineralization and is the industry standard for sampling of diamond drill core.PQ and HQ sub-samples are quarter cored and NQ half cored.Sample sizes are considered appropriate the nature of lithology and mineralization being sampled.No duplicate samples were taken.Quality of assay data and laboratory testsThe nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.Gold was determined by fire assay and a suite of other elements including Cu and Mo by 4-acid digest with ICP-MS finish at ALS laboratories in Orange.For all holes, every 20th sample was either a commercially supplied pulp standard or pulp blank Certified Reference Material. Results of the Certified Reference Materials provide confidence in the accuracy of the analyses returned from ALS.ALS provides its own quality controls including laboratory duplicates and blanks as part of its routine procedures and provides these results to Kincora.Historic assays on other projects were mostly gold by fire assay and other elements by ICP.Verification of sampling and assayingThe verification of significant intersections by either independent or alternative company personnel.The use of twinned holes.Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.Discuss any adjustment to assay data.Significant intercepts were calculated by Kincora's geological staff.No twinned holes have been completed.The intercepts have not been verified by independent personnel.Logging data is captured digitally on electronic logging tablets and sampling data is captured on paper logs and transcribed to an electronic format into a relational master online database maintained by Kincora. Transcribed data is verified by the logging geologist.Assay data is received from the laboratory in electronic format and uploaded to the master database. Digital copies of Certificates of Analysis are stored in the master online database.No adjustments to assay data have been made.Outstanding assays are outlined in the body of the announcement.Location of data pointsAccuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.Specification of the grid system used.Quality and adequacy of topographic control.Collar positions are set up using a hand-held GPS to less than 5 m horizontal and vertical accuracy.Drillholes are surveyed downhole every 30 m using an electronic gyro instrument and when drillholes terminated a single shot is taken.For NYDD002 and NYDD003, a single shot gyro survey was taken every 12m while pulling out of the hole.Grid system used is the Map Grid of Australia Zone 55, GDA 94 datum.Topography in the area of Nyngan is near-flat and drill collar elevations provide adequate controlData spacing and distributionData spacing for reporting of Exploration Results.Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.Whether sample compositing has been applied.Kincora drilling at Nyngan is at an early stage, undertaking a wide spaced initial scout drilling programme seeking to determine depth to basement and provide maiden samples of basement geology across separate magnetic complexes and key lithological domains to provide wide spatial coverage within the South West and Ace of Spades targets.Data spacing at this stage is insufficient to establish the continuity required for a Mineral Resource estimate.No sample compositing was applied to Kincora drilling.Historic drilling on Nyngan and other projects was completed at various drill hole spacings and no other projects have spacing sufficient to establish a mineral resource.Orientation of data in relation to geological structureWhether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.The drill holes are either vertical for depth penetration or steeply angled toward geophysical targets.At this stage of drilling the orientation the orientation of any mineralized structures or mineralized intercepts has not yet been determined.Sample securityThe measures taken to ensure sample security.Kincora staff or their contractors oversaw all stages of drill core sampling. Bagged samples were placed inside polyweave sacks that were zip-tied, stored in a locked container and then transported to the laboratory by Kincora field personnel.Audits or reviewsThe results of any audits or reviews of sampling techniques and data.Mining Associates has completed an review of sampling techniques and procedures undertaken by Kincora at the Trundle Project dated January 31st, 2021, as outlined in the Independent Technical Report included in the ASX listing prospectus, which is available at:https://www.kincoracopper.com/investors/asx-prospectusKincora has continued to follow similar sampling techniques, systems and controls.Regular site visits are undertaken by Kincora's asset level partner, AngloGold Ashanti, with quarterly technical committee workshops reviewing all aspects of the programme. Section 2 Reporting of Exploration Results(Criteria listed in the preceding section also apply to this section.)CriteriaJORC Code explanationCommentaryMineral tenement and land tenure statusType, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.On May 28, 2024, Kincora announced a multi-phase Earn-In and Joint Venture Arrangement with a wholly owned subsidiary of AngloGold Ashanti Plc for the Northern Junee-Narromine Belt (NJNB) Project, including EL8929.EL8929 (the Nyngan Project) is wholly owned by Kincora.On March 18, 2024, a three-year extension was granted to Kincora for EL8929 until January 2027.The licence is in good standing and there are no known impediments to obtaining a licence to operate.16 Assessable Prospecting Operation (APO) approvals for drilling are in place, enabling 16 drill holes with 6 holes having already been completed. Currently two amendments to APO's and four new APOs pending.Land access agreements are in place to execute the proposed ongoing scout drilling programme and expanded ground gravity survey.Exploration done by other partiesAcknowledgment and appraisal of exploration by other parties.All Kincora projects have had previous exploration work undertaken, albeit relatively limited prior drilling at the Nyngan Project.The review and verification process for the information disclosed herein and of other parties for the Nyngan Project has included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora's geological staff using standard verification procedures. Further details of exploration efforts and data of other parties are providing in the March 1st, 2021, Independent Technical Report included in the ASX listing prospectus, which is available at:https://www.kincoracopper.com/investors/asx-prospectusGeologyDeposit type, geological setting and style of mineralisation.The Nyngan Project is interpreted to be located in the undercover northern extension of the Junee-Narromine Belt of the Macquarie Arc, part of the Lachlan Orogen.Targeted rocks comprise successions of volcano-sedimentary rocks of Ordovician age intruded by suites of subduction arc-related intermediate to felsic intrusions of late Ordovician to early Silurian age.Kincora is exploring for porphyry-style copper and gold mineralization, copper-gold skarn plus related high sulphidation and epithermal gold systems.Drill hole InformationA summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:easting and northing of the drill hole collarelevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collardip and azimuth of the holedown hole length and interception depthhole length.If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.Detailed information on Kincora's drilling at Nyngan is given in the body of the report.Data aggregation methodsIn reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated.Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.The assumptions used for any reporting of metal equivalent values should be clearly stated.Kincora drilling at Nyngan the following methods were used:Porphyry gold-copper intercepts were aggregated using a cut-off grade of 200ppm copper.Internal dilution below cut off included was generally less than 25% of the total reported intersection length.Core loss was included as dilution at zero values.Average gold and copper grades calculated as averages weighted to sample lengths.Historic drilling results in other project areas are reported at different cut-off grades depending on the nature of mineralisation.Relationship between mineralisation widths and intercept lengthsThese relationships are particularly important in the reporting of Exploration Results.If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg 'down hole length, true width not known').Due to the uncertainty of mineralization orientation, the true width of mineralization is not known at Nyngan.Intercepts from historic drilling reported at other projects are also of unknown true width.DiagramsAppropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.Relevant diagrams and tables are included in the body of the report.Balanced reportingWhere comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.Intercepts reported for Kincora's drilling at Nyngan are zones of higher grade within unmineralized or weakly anomalous material.Other substantive exploration dataOther exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.No other exploration data is considered material to the reporting of results at Nyngan. Other data of interest to further exploration targeting is included in the body of the report.Historic exploration data coverage and results are included in the body of the report for Kincora's other projects.Further workThe nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling).Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.Areas within the South-West and Ace of Spades targets at the Nyngan Project have been chosen for a continuation of the scout drilling during 2025, seeking to provide further wide special coverage of interpreted intrusive complexes. New APOs and amendments to existing approvals are pending - see Figures 2 & 3.An expanded ground gravity survey across both targets is proposed with land access agreements in place - see Figures 2 & 3.Coupled with more detailed geoscientific studies, including petrology, lithogeochemistry and geochronology, the continuation of the scout drilling programme and expanded ground gravity survey will assist with specific vectoring and a proposed second phase follow-up diamond drilling programmes during 2025. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240664 Copyright 2025 ACN Newswire via SeaPRwire.com.

The first ever copper-gold focused drilling program at the northern portion of the Nyngan Project will shortly commence with earn-in partner AngloGold Ashanti Australia (AngloGold Ashanti).New district-scale potential with up to eight large intrusive complex targets to be drill-tested for the first time in this initial first phase program.Approximately 6 to 8 drill holes for an estimated 4000-5000 metres budgeted before the summer break. Kincora is managing the program and will receive a 10% management fee. The program is the first by Kincora in partnership with AngloGold Ashanti, which has the right to spend up to A$50 million to earn an 80% interest in the Nyngan and Nevertire Projects.Fleet Space Technologies Pty Ltd's (Fleet Space) ongoing Ambient Noise Tomography (ANT) and gravity geophysical surveys at the Nyngan Project are progressing well and are expected to complement upcoming drilling.Melbourne, Australia--(ACN Newswire via SeaPRwire.com - August 14, 2024) - Kincora Copper Limited (TSXV: KCC) (ASX: KCC), (Kincora or the Company) is pleased to outline plans for the next chapter of copper-gold focused drilling in the Macquarie Arc, Central West New South Wales (NSW) with a first program in partnership with and funded by AngloGold Ashanti to shortly commence at the Nyngan Project.Sam Spring, President and CEO of Kincora, commented: "We are very excited by the potential of the Northern Junee-Narromine belt where we are seeking not to just confirm a new significant porphyry Cu-Au deposit but a new district and series of discoveries. The strategic appeal and value of a new porphyry district has been clearly illustrated in the Vicuña district with corporate activities by BHP and Lundin Mining this month supporting over C$8 billion of value being recognised for a cluster of four new major discoveries. Recent planning and targeting activities with our partner AngloGold Ashanti has significantly expanded the number of targets, the drilling activities needed and planned to test a series of major and previously undrilled interpreted magmatic complex targets at the Nyngan Project. Initially we are aiming to test up to eight new major intrusive system complex targets before year end in this first phase program which focuses on the very compelling northern Nyngan "Ace of Spades" region.Recent neighbouring explorer drilling is also supporting the potential of a series of Macquarie Arc intrusive complexes to the immediate east of the "Ace of Spades" target area along a potentially important common transverse structure providing further encouragement to the potential of a new porphyry district scale opportunity."BackgroundThe undercover extensions of the renowned Macquarie Arc porphyry copper-gold geology are globally significant exploration opportunities offering new district(s) scale discovery potential. The region has attracted four earn-in and joint venture agreements in the last 12 months supporting potentially over $200 million in exploration and development expenditure.The most recent notable example of a new emerging globally significant porphyry district is the Vicuña district in the central Andes in Argentina on the border of Chile, which is largely consolidated by Lundin group entities and BHP and situated at over 4000m altitude 1.Within this district NGEX Resources Inc in 2009 held three early-stage exploration projects and, at the time, had a market capitalisation of approximately C$40 million. These same projects are all still at a pre-development phase but have yielded four large-scale discoveries currently valued at over C$8 billion 2.In comparison, the central west of NSW benefits from multiple world-class mines, existing infrastructure, high-quality publicly available exploration data and an existing mineral endowment of over 160 million gold equivalent ounces 3. Regional geophysics strongly indicates that Kincora's Nyngan license hosts the largest volcano-intrusive complex of the Macquarie Arc, which is almost untested, offering new district scale potential.Kincora, as the early entrant, has secured a district scale position in the interpreted shallow-to-moderate covered core sections of the Northern Junee-Narromine Belt (NJNB) by pegging Nyngan and Nevertire which are now in partnership with AngloGold Ashanti 4.The imminent first-ever drilling program at the northern portion of the Nyngan Project will focus on the "Ace of Spades" region and test a wide range of untested, large intrusive-related Cu-Au targets. The program seeks to confirm the potential for a series of new Macquarie Arc intrusive complexes and provide vectors for follow up drilling - see Figure 1.Subject to permitting, access and weather conditions, the drilling program is anticipated to commence from mid September and will continue until the summer break, comprising up to eight holes for an estimated 4000-5000 metres.Recent planning and targeting activities with our partner AngloGold Ashanti have significantly expanded the number of targets, the drilling necessary to test a series of major and previously-undrilled interpreted magmatic complex targets at the Nyngan Project. This first program will test the potential for up to eight separate large intrusive complex targets.The program will comprise cost-effective mud-rotary drilling through the post mineral cover sequence with diamond core drilling upon refusal and testing of the targeted basement.Kincora is managing the exploration program and will receive a 10% management fee as the program is funded by AngloGold Ashanti via the up to $50 million earn-in and joint venture agreement for the Nyngan and Nevertire Projects.These drill targets include an existing high priority large intrusive complex target, which is currently the focus of Fleet Space's ongoing Ambient Noise Tomography (ANT) and gravity geophysical surveys within the northern portion of the Nyngan Project 5. Figure 1: District-scale series of major and untested magmatic complex targets with in the northern Nyngan "Ace of Spades" region that potentially represent the largest volcano-intrusive complex of the Macquarie Arc. Kincora is managing the exploration program and will receive a 10% management feeTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/219846_kincora.jpgThe geophysical surveys are seeking to map and refine the interpretation of the paleo-surface and basement rocks and refine modeling of the targeted alteration, intrusions and structures.Recent neighbouring exploration drilling by Inflection Resources ("Inflection") is further supporting the potential of a series of Macquarie Arc intrusives to the immediate east of the "Ace of Spades" target area at Nyngan. Inflection has announced encouraging results at the Canonba target situated on the license boundary to the Nyngan Project, and located approximately 5km from its Duck Creek target, which is a Phase 2 designated project with its earn-in and joint venture partner AngloGold Ashanti 6. The Canonba, Duck Creek and Ace of Spades target areas potentially host important common transverse structures providing further encouragement about the potential of a new district-scale porphyry opportunity.About the Nyngan ProjectThe Nyngan license (Exploration Licence 8929) was the first ground Kincora secured in NSW. It is a large 762km2 direct application tenement granted by the NSW State Government covering a significant portion of the interpreted under cover section of the northern Junee-Narromine Belt 7. The Junee-Narromine Belt is one of the two largest belts of the Macquarie Arc, Australia's foremost porphyry belt, which hosts a mineral endowment of over 160 million gold equivalent ounces.The license hosts limited, but encouraging, prior explorer drilling that has been inadequately followed up, with regional geophysics supporting a new potential district-scale setting hosting interpreted, large-scale, intrusive complex targets.In May 2024, Kincora signed a definitive multiple-phase Earn-in and Joint Venture Agreement (Agreement) over the Nyngan and Nevertire licences with a wholly owned subsidiary of AngloGold Ashanti plc (NYSE: AU) (JSE: ANG), the world's fourth largest gold miner by production, which has a successful track record for Greenfields discovery success.AngloGold Ashanti has the right to spend up to A$50 million to earn an 80% interest through:A$25 million of exploration expenditure to earn a 70% joint venture interest (Phase I) including a minimum A$2 million expenditure obligation, with Kincora the initial operator for a 10% management fee. Completion of a Pre-Feasibility Study (PFS) or funding of a further $25 million of expenditure to earn a 80% joint venture interest (Phase II).In July 2024, separate to the Agreement with AngloGold Ashanti, Kincora formed a partnership with Fleet Space Technologies Pty Ltd (Fleet Space) to undertake Ambient Noise Tomography (ANT) and gravity geophysical surveys under a research and development grant at the Nyngan Project.Within the immediate district Fleet Space recently completed the world's largest ANT survey, undertaking a number of project-specific surveys that defined multiple new targets and built a proprietary AI-powered district-scale copper prospectivity map 8,9,10.The Fleet Space surveys are anticipated to complement Kincora and AngloGold Ashanti's planned exploration and upcoming drilling.About KincoraKincora Copper is dual listed on the ASX and TSX-V (ticker "KCC") and is an active explorer and project generator focused on world-class copper-gold discoveries. The company recently executed four agreements that unlock up to A$60 million in multiple year partner funding. Further new projects that offer a clear value path and targeted partnerships are proposed.Kincora's portfolio includes district scale landholdings and scalable drill-ready targets in both Australia and Mongolia's leading porphyry belts, the Macquarie Arc and Southern Gobi, respectively, and, the Company is targeting initial exposure to 10,000m of drilling in the next 6-month before ramping up to over 30,000 metres pa of drilling.For more information please visit Kincora's website at www.kincoracopper.comReferences:1 Lundin Mining and BHP to Acquire Filo and Form a 50/50 Joint Venture to Progress the Filo del Sol and Josemaria Projects - BHP and Lundin Mining press releases July 29, 20242 NGEX Minerals Corporate Presentation (July 2024) and market values as at July 29, 2024 (from peer transactions and TSXV market capitalization)3 Sourced from MinEx Consulting for Kincora4 AngloGold Ashanti to earn-in to the NJNB Project - Kincora press release May 28, 20245 ANT and Gravity Geophysical Surveys at the Nyngan Project - Kincora press release July 25th, 2024 6 Inflection Resources provides drilling update from Phase 1 Exploration Program in NSW - Inflection press release July 30th, 2024 7 Kincora secures strategic license in Australia's leading porphyry belt - Kincora press release November 21, 20198 ANT geophysics defines additional epithermal-porphyry targets at Spur Project - Waratah press release May 23, 20249 Reimaging porphyry copper exploration using Exosphere: Ambient Noise Tomography from the Duck Creek project, Macquarie Fleet and Inflection Case Study 2023 10 Completes 1,800Km2 Ambient Noise Tomography Survey Across Portfolio of Projects in New South Wales - Inflection press release July 10, 2024This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)For further information please contact:Sam Spring, President and Chief Executive Officersam.spring@kincoracopper.com or +61431 329 345Executive office 400 - 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722 Fax: 1.888.241.5996Subsidiary office AustraliaVista AustraliaLevel 4, 100 Albert RoadSouth Melbourne, Victoria 3205Qualified PersonThe scientific and technical information in this announcement was prepared in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and was reviewed, verified and compiled by Kincora's staff under the supervision of Peter Leaman (M.Sc. Mineral Exploration, FAusIMM), Senior Vice-President of Exploration of Kincora, and John Holliday (BSc Hons, BEc, member of the Australian Institute of Geoscientists), Non-Executive Director and Chairman of Kincora's Technical Committee, who are Qualified Persons for the purpose of NI 43-101.JORC Competent Person StatementInformation in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves are those that have been previously reported (with the original release referred to in this announcement), in the case of Mineral Resources or Ore Reserves the material assumptions and technical parameters underpinning the estimates have not materially changed, and have been reviewed and approved by Paul Cromie, who is a Competent Person under the definition established by JORC and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. John Holliday and Peter Leaman consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The review and verification process for the information disclosed herein for the Nyngan Projects have included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora's geological staff using standard verification procedures.Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219846 Copyright 2024 ACN Newswire via SeaPRwire.com.