Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is pleased to provide a market update on activities across the Mojave Critical Minerals Project in California, where the Company is rapidly advancing numerous parallel workstreams.

Highlights

– Plan of Operations approval for upsized drilling program at Desert Antimony Mine (DAM), subject to receipt of bond

– Locksley has secured a drill contractor for El Campo rare earths drilling in Q4 and is in the process of finalising the expanded drill programactivities and timeline at DAM

– Lidar surface and underground survey completed at DAM, providing detailed 3D mapping of adits and stopes to guide drill targeting and mine design

– Underground sampling program planned at DAM to validate historical grades and support resource definition

– Regional exploration advancing across newly acquired claims, extending coverage to over 40 sq km of the Mojave corridor

– Multiple parallel workstreams reinforce Locksley’s fast-track mine-tomarket strategy for U.S. antimony supply

Locksley has received approval from the Bureau of Land Management (BLM) expanding the Plan of Operations for the Desert Antimony Mine, which will become effective upon completion of the bond payment and receipt of a letter from the BLM that the bond has been accepted, this process is underway.

Following the announcement on 15th September, which outlined a significant enlargement of the exploration program at the Desert Antimony Mine (‘DAM’), Locksley has moved quickly to initiate onground activities across the broader Mojave Project.

Exploration Workstreams

– Drilling: Locksley has secured a drilling contractor for the upcoming exploration program planned for Q4 2025. The drilling at the El Campo rare earths project is designed to target the steeply dipping, structurally controlled mineralised horizon in five locations along the interpreted 860m long NW-SE striking El Campo ‘lode’. This lode hosts elevated REE, as delineated from high-grade rock chip sampling conducted during 2023. The first planned drillhole is designed to target the down-plunge El Campo outcrop dipping to the SW.

– LiDAR Surveying – DAM: A comprehensive LiDAR survey of underground adits and stopes has been completed, providing data to inform both program drilling design and future mine planning.

The underground LiDAR survey will expand Locksley’s knowledge of historic antimony production. It will also provide a 3D wireframe model of the historic underground mine, which will assist with future drill targeting aiming to delineate un-mined high-grade antimony mineralisation along strike from the historic stopes. The LiDAR survey team deployed an Elios 3 with the Rev7 LiDAR payload to map the internal spaces of the underground mine, while the team also operate the DJI M350 RTK drone equipped with the L2 LiDAR payload to capture imagery for surface mapping.

The dataset will enable the contractors to accurately integrate and geospatially align all underground scans, ensuring a comprehensive and precise 3D model of the Desert Antimony mine site.

– Underground Sampling – DAM: Systematic sampling of underground workings at DAM will commence in the near term, designed to further evaluate grade continuity and confirm historical production records.

An adit located ~50m to the south-east of the historic Desert Antimony smelter will be used to conduct UG mapping and sampling which will progress Locksley’s understanding of subsurface stibnite bearing quartz-carbonate vein orientation, grade and continuity. Two stopes crosscutting the main orientation of the adit still contain timber beams and ladders that were used for mining during the late 1920’s and 1930’s.

Evidence of sheeted massive to semi-massive stibnite bearing quartz-carbonate veining is observed to be dipping sub-vertically to the west and north-west and run parallel to the orientation of the stopes.

– Broader Exploration Activities:

o Field sampling: Regional reconnaissance and claim wide sampling will commence later this month, extending coverage across the newly acquired tenure and prospective corridors.

o Geophysics: Locksley is currenting reviewing the optimal geophysical methods to evaluate its expanded land position. Technics including airborne magnetic, radiometric surveys, Induced polarization, gravity survey and passive seismic are being evaluated. Airborne geophysics has the potential to provide additional REE anomalies that may be associated with REE-bearing carbonatite intrusions, similar to the Mountain Pass REE deposit.

o Stream sediment and rock chip sampling: Wide-spread regional stream sediment and rock chip sampling are planned across the entire North-western Block, South Block, and areas of the newly expanded North Block using coarse fraction stream sediment sampling methodology. Ongoing mapping coinciding with outcrop rock sampling will also assist in providing potential REE, antimony and base metal geochemical anomalies within the Mojave Project’s land tenure.

Kerrie Matthews, Chief Executive Officer of Locksley Resources, commented:

‘Since commencing as CEO, my focus has been on advancing Mojave through multiple, parallel workstreams. The exploration team is rapidly progressing technical programs, from securing a drill rig to underground sampling and Lidar surveys at the Desert Antimony Mine. With the Plan of Operations now approved pending bond finalisation, we are commencing activities to prepare for the initial drilling at the El Campo REE target. The team and I are extremely focused on our fast-track mine-to-market strategy and it positions Locksley to deliver near-term U.S. antimony supply into critical defense and energy supply chains.’

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

Source:
Locksley Resources Limited

Contact:
Locksley Resources Limited
T: +61 8 9481 0389
E: info@locksleyresources.com.au

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(TheNewswire)

Vancouver, British Columbia / October 3, 2025 ‑ TheNewswire – Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (‘ Harvest Gold ‘ or the ‘ Company ‘) is pleased to announce the latest update on the drill program at Mosseau, its flagship property in the Urban Barry Belt in Quebec’s Abitibi region and the commissioning of a new exploration program focused on the southern portion of Mosseau and the 100% owned Labelle property.

DRILLING UPDATE

Harvest Gold has completed three (3) additional holes totalling 654 metres in the central part of the Mosseau property, bringing the total completed to date to 14 drill holes for 3,030 metres.

The recently completed holes targeted the central portion of the property, where historical prospecting and diamond drilling work suggested strong potential and continuity of the gold mineralization (See Figure 1). Samples are being sent to the laboratory as each hole is logged, and assay results from the initial holes are expected within the next few weeks .

In addition, the Company has temporarily paused its ongoing diamond drill program at the Mosseau Property in recognition of the local First Nations Cultural Week, the National Day of Truth and Reconciliation and the annual fall hunting season.

Rick Mark, President and CEO of Harvest Gold, states: ‘Harvest Gold is dedicated to advancing the Mosseau Project in a manner that is respectful of Indigenous traditions and community activities. Temporarily halting our drill program at this time reflects our commitment to working collaboratively with our partners and shareholders.’

The Mosseau Property straddles the Eeyou Istchee–James Bay and Abitibi territories, as well as two hunting zones in Quebec (Zones 13 and 16). With hunting season in this area extending from September 27 to October 26, Harvest Gold plans to resume drilling in the central part of the Mosseau Property following the annual fall hunting season.

Harvest Gold is committed to building and maintaining positive, transparent, and mutually beneficial relationships with local Indigenous communities. The Company believes that advancing exploration activities with respect and understanding is fundamental to responsible resource development.

FALL 2025 EXPLORATION PROGRAM

Harvest Gold has engaged IOS Geosciences of Chicoutimi, Quebec to operate its fall field exploration program, which will include soil sampling, prospecting and mapping across parts of the Mosseau and LaBelle properties (see Figures 2 and 3). This work is designed to build on recent high-resolution magnetic survey results and to further refine drill targets for upcoming exploration campaigns.

The soil sampling program, to begin on October 27, after hunting season, will include the collection of over 1,000 samples. Sampling lines will be spaced at 200 metres, oriented perpendicular to the known ice-flow direction and be taken at 25-metre intervals along each line.

The Company will also be undertaking a prospecting and mapping program in areas of the property that have seen little to no previous field work. This work is designed to broaden the geological understanding of underexplored areas and to help refine future exploration targeting.

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha , located approximately 45-70 km west of Gold Fields Limited’s – Windfall Deposit (Figure 4).

Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories.  Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.

Click Image To View Full Size

Figure 1: Progress of drill holes completed – Northern and Central Target Area

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Figure 2: Planned Soil samples on magnetics along the southeastern extension of the Mosseau property

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Figure 3: Planned soil samples on magnetics along the LaBelle property

Click Image To View Full Size

Figure 4: Project Location: Urban-Barry Greenstone Belt

Sampling, QAQC, and Laboratory Analysis Summary

All core logging and sampling completed by Harvest Gold as part of its diamond drilling program is subject to a strict standard for Quality Control and Quality Assurance (QAQC), which includes the insertion of certified reference materials (standards), blank materials, and field duplicate analysis. NQ-diameter sawed half-core samples from the drilling program at Mossseau were securely sent by Company geologists to AGAT Laboratories Ltd. (AGAT), with sample preparation in Val-d’Or, Québec and analysis in Thunder Bay, Ontario, where samples were processed for gold analysis by 50-gram fire assay with an atomic absorption finish. Samples from selected holes were securely sent to AGAT in Calgary, Alberta, for multi-element analysis (including silver) by inductively coupled plasma (ICP) method with a four-acid digestion. AGAT sample preparation and laboratory analysis procedures conform to requirements of ISO/IEC Standard 17025 guidelines and meet the requirements under NI 43-101 and CIM best practice guidelines. AGAT is independent of LaFleur Minerals.

Qualified Person Statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com

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

Forward Looking Information

This news release includes certain statements that may be deemed ‘forward looking statements’. All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: 9SU0) (‘Standard Uranium’ or the ‘Company’) is pleased to announce a significant expansion to the planned diamond drill program at its flagship Davidson River project (‘Davidson River’ or the ‘Project’) in the southwest Athabasca Basin region, northern Saskatchewan (Figure 1). The drill program will now aim to complete between 8,000 to 10,000 meters beginning in May 2026. The Company is also pleased to announce that it has closed an additional tranche (‘Tranche 3’) of its non-brokered private placement (the ‘Private Placement Offering’) for gross proceeds of $503,800.

Davidson River Highlights:

• Expansion of Drill Program: Due to increased funding, the Company will shift the planned Davidson River drill program to begin in spring 2026. The timeline adjustment will decrease cost per metre through utilizing two diamond drills in favorable weather conditions and therefore enable a more efficient drill program with the completion of additional metres of drilling at high-priority targets.

• Poised for Discovery: New and refined target areas across the Warrior, Bronco, and Thunderbird conductor corridors are significantly derisked with new high-resolution 3D imaging of basement structures and potential alteration zones, providing key targeting information for spring 2026 drilling.

• Drill Ready: The Company has secured all drill permits, has signed Exploration Agreements with our Clearwater River Dene Nation (‘CRDN‘) partners, has secured all crucial vendors and drilling is now planned for a four-to-six-week drill program in early spring 2026.

Jon Bey, CEO of Standard Uranium, commented, ‘Our shareholders and advisors asked us to complete a larger drill program than we originally had planned for this fall based on the targets we are seeing from the work completed this summer. With the recent financial support of our capital raise, we will be fully funded to complete the 8,000 to 10,000 meters of drilling planned. We are extremely excited to get back to our flagship Davidson River project and get those drills turning once again.’

Figure 1. Overview of Standard Uranium’s Flagship Davidson River Project in the southwest Athabasca Basin uranium district along trend from significant uranium discoveries and resources^1,2.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10633/268993_d31cb81d14aefab9_001full.jpg

Figure 2. Summary of results from Multiphysics surveys on the Warrior, Bronco, and Thunderbird corridors, highlighting integrated target areas — EM conductors, cross-faults, gravity lows, and velocity lows.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10633/268993_d31cb81d14aefab9_002full.jpg

Davidson River Exploration

Davidson River covers 30,737 hectares of prime exploration real estate in the Southwest Athabasca Uranium District, highly prospective for basement-hosted uranium deposits along trend from high-grade^* uranium deposits under development (Figure 1).

From May 26 to July 8, 2025, the Company and Fleet Space completed the first-ever ExoSphere Multiphysics survey grids in the uranium-rich southwest Athabasca Basin region (Figure 2). Multiphysics surveys collected three types of geophysical data (Ambient Noise Tomography (‘ANT‘), Horizontal-to-Vertical Spectral Ratio (‘HVSR‘), and Gravity) over three (Warrior, Bronco, and Thunderbird) of the four major conductive corridors on the Project. The surveys provide critical targeting layers in the form of 3D ANT-HVSR shear velocity models and custom inversion models for subsurface density, leveraging both passive seismic and ground gravity datasets as inputs.

Following post-survey data analysis and integration, the Company plans to execute a diamond drill program to begin testing the highest priority targets across all three surveyed conductor corridors. Drilling is planned to be completed the spring/summer of 2026, marking the first drill program on the Project since 2022. Positive results from previous drill campaigns will be integrated into drill targeting with the newly acquired Multiphysics data. High confidence datasets from all three survey grids are being used to refine drill targets for a significant summer drill program planned for spring 2026.

About Davidson River

Davidson River is Standard Uranium’s flagship property, located in the southwest Athabasca Uranium District of the Athabasca Basin, Saskatchewan, and encapsulates the inferred extension of the structural trend that hosts the Triple R and Arrow uranium deposits (Figure 1). The Project consists of 10 contiguous mineral dispositions and lies approximately 25 to 30 km west of Arrow and Triple R and 75 km south of the past-producing Cluff Lake uranium mines. The Company has completed 16,561 metres of diamond drilling in 39 drill holes on the Davidson River property since 2020, which has further refined the exploration strategy for high-grade basement hosted uranium mineralization on the property³.

Davidson River hosts four main conductive corridors — the Warrior, Bronco, Thunderbird, and Saint trends. These conductive trends are associated with graphitic-sulphidic structures in basement rocks, which are commonly associated with high-grade^* uranium systems, providing the conduits for mineralizing fluids. This concept has been proven for all four corridors, with several instances of graphitic-sulphidic fault rocks and reactivated structures intersected along the tested strike length.

Favorable basement rock types and alteration phases have been observed across the strike length of the main trends, resembling those which host other uranium deposits in the southwestern Athabasca Basin region. Key indicators include clay-dravite alteration and stacked lenses of variably strained graphite and sulphide-bearing garnetiferous gneisses and altered feldspar-rich rocks. Structural zones in the basement are locally associated with elevated uranium and/or boron values (over 1,000 ppm B), such as in DR-20-009 and -011³.

The results from diamond drilling programs to date highlight the potential for the Davidson River Project to host significant basement hosted unconformity-related uranium mineralization, and the property contains several priority targets along all four trends that warrant further exploration.

*The Company considers uranium mineralization with concentrations greater than 1.0 wt% U₃O₈ to be ‘high-grade’.

Private Placement Update

In connection with closing of Tranche 3 of the Private Placement Offering, the Company issued 6,297,500 non-flow-through units (each, an ‘NFT Unit‘) at a price of $0.08 per NFT Unit. Each NFT Unit consists of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.15 at any time on or before October 2, 2027. To date, the Company has issued 15,598,750 NFT Units, and 5,760,000 FT Units, in connection with the Private Placement Offering for combined gross proceeds of $1,823,900.

In connection with Tranche 3, the Company paid finders’ fees of $15,828 and issued 197,850 non-transferable share purchase warrants (each, a ‘Finders’ Warrant‘) to certain arms-length parties who assisted in introducing subscribers to the Private Placement Offering. Each Finders’ Warrant is exercisable on the same terms as the Warrants. All securities issued pursuant to Tranche 3 of the Private Placement Offering, and any shares that may be issuable on exercise of any Warrants or Finders’ Warrants, are subject to a statutory hold period until February 3, 2026.

The Company does not intend to offer any further NFT Units at this time, but will continue to offer up to a further 16,761,000 flow-through units (each, an ‘FT Unit‘), at a price of $0.10 per FT Unit, for gross proceeds of up to $1,676,100. Each FT Unit consists of one common share of the Company, issued as a flow-through share within the meaning of the Income Tax Act (Canada), and one-half of one Warrant. The offering will be made available to purchasers resident in Canada pursuant to the accredited investor exemption under Section 2.3 of National Instrument 45-106 – Prospectus Exemptions. As result, the FT Units will be subject to a statutory hold period for four-months-and-one-day in accordance with applicable securities laws.

In addition, the Company also announced an offering (the ‘LIFE Offering‘) of up to 25,000,000 FT Units to purchasers resident in Canada, except Québec, pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the ‘Listed Issuer Financing Exemption‘) for gross proceeds of up to $2,500,000. The LIFE Offering is being conducted as a separate private placement from the existing Private Placement Offering in accordance with the policies of the TSX Venture Exchange. The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.

There is an offering document related to the LIFE Offering that can be accessed under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at: www.standarduranium.ca. Prospective investors should read this offering document before making an investment decision. The Company will pay finders’ fees to eligible parties who have assisted in introducing subscribers to the LIFE Offering.

The Company anticipates the net proceeds raised from the Private Placement Offering and the LIFE Offering will be used for the exploration of the Company’s Saskatchewan uranium projects and for working capital purposes. Completion of the offering of additional FT Units and the LIFE Offering, remain subject to the approval of the TSX Venture Exchange.

Qualified Person Statement

The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a ‘qualified person’ as defined in NI 43-101.

Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization.

References

¹ Arrow deposit, Rook I Project, Saskatchewan, NI 43-101 Technical Report on Feasibility Study, Prepared for NexGen Energy Ltd., Effective date: February 22, 2021
² Feasibility Study, NI 43-101 Technical Report, for PLS Property, Prepared for Fission Uranium Corp., Effective date: January 17, 2023
³ Davidson River Project Overview, https://standarduranium.ca/projects/davidson-river-project

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

We find the fuel to power a clean energy future

Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world’s richest uranium district. The Company holds interest in over 235,435 acres (95,277 hectares) in the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.

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

Standard Uranium’s eastern Athabasca projects comprise over 43,185 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

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

Cautionary Statement Regarding Forward-Looking Statements

This news release contains ‘forward-looking statements’ or ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: the timing and content of upcoming work programs; geological interpretations; timing of the Company’s exploration programs; and estimates of market conditions.

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

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

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268993

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