Scout Drilling Results Extend Polymetallic Mineralization Footprints at Chita; Exploration Identifies Compelling Regional Targets

Executive Summary

• Minsud Resources reported extensive scout diamond drilling results from the Chita Valley Project, confirming southwest continuity of the high‑zinc polymetallic zone at Chinchillones and identifying several high‑grade intercepts (e.g., up to 756 g/t Ag, 1.08 g/t Au, 4.5 % Zn).
• New drill holes at the PSU (Porphyry Chita Sur) target intersected significant Cu‑Mo‑Au mineralization, including a 32 m interval averaging 0.34 % Cu and 58 ppm Mo, suggesting substantial upside to the historic resource.
• Regional targeting highlights a >6 km‑long, >2 km‑wide polymetallic corridor with multiple drill‑ready targets; a US$7.3 M exploration budget is planned for FY2025‑26 to expand drilling and conduct MT surveys.

Key Details

• Chinchillones Polymetallic Zone
• Hole CHDH25-151 intersected mineralization from 152 m–320 m; host rocks are silicified sandstones and dacitic breccias with disseminated pyrite, sphalerite, tennantite.
• Hole CHDH25‑152 returned a 2 m interval (70 m) grading 756 g/t Ag, 1.08 g/t Au, 4.5 % Zn, 2.75 % Pb.

• High‑zinc resource now reported as 41 Mt indicated @0.72 % Zn and 79 Mt inferred @0.79 % Zn (with associated Ag, Au, Cu).

• PSU (Porphyry Chita Sur)

• Hole PSUDH25‑155 intersected 120 m of mineralization (22–142 m) with 0.21 % Cu, 77 ppm Mo; a higher‑grade sub‑interval of 32 m averaged 0.34 % Cu, 58 ppm Mo.

• Holes PSUDH25‑156 to ‑158 confirmed oxidised to sulfidic transitions, chalcocite‑digenite replacement, and molybdenum zones >200 ppm Mo.

• Table of Significant Intercepts (selected)

• CHDH25‑150: 4 m @0.48 % Cu, 11.54 g/t Ag, 4 ppm Mo, 88 ppm Pb, 663 ppm Zn.
• CHDH25‑151: 158.8 m @0.09 % Cu, 7.22 g/t Ag, 8 ppm Mo, 702 ppm Pb, 3137 ppm Zn.
• CHDH25‑152: 2 m @0.04 % Cu, 99.62 g/t Ag, 2 ppm Mo, 3535 ppm Pb, 17368 ppm Zn.

• PSUDH25‑155: 120 m @0.21 % Cu, 1.47 g/t Ag, 77 ppm Mo, 7 ppm Pb, 49 ppm Zn.

• Regional Targeting

• 6 km‑long, >2 km‑wide ENE‑NE trending polymetallic corridor identified via geological, geophysical and geochemical synthesis.

• Placetas Central shows a ≥1 km‑long Cu‑Mo‑Au anomaly coincident with faulted zones; drill‑ready targets defined.

• Next Steps & Budget

• Planned completion of 5,400 m of PSU expansion drilling.

• US$7.3 M budget (July 2025–June 2026) for MT survey (13.5 km × 8 km), testing of drill‑ready targets at Placetas Central and PSU south, expanded soil/rock geochemistry, and detailed mapping.

• Qualified Person

• Dr. Renato Bobis, MAusIMM CP (Geo), part‑time VP‑Exploration, signed off the technical information per NI 43‑101.

Notable Quotes

“These latest exploration results further validate the scale and strategic significance of the Chinchillones–Placetas corridor… we believe this emerging district holds significant potential for the delineation of multiple mineralized systems.” – Ramiro Massa, Director, Minsud Resources.