Germanium Mining Corp. Enters into Agreement to Acquire a 100% Interest in the Historical Azure Ridge Mine, Expanding Portfolio in High-Grade Germanium-Copper-Zinc System

Executive Summary

• Germanium Mining Corp. entered into a definitive agreement to acquire 100% of the Azure Ridge historic mine (Nevada) for an initial $5,000 plus quarterly payments of $5,000 over 24 months and a 1.5% net smelter royalty (NSR).
• The Azure Ridge Project is located in the Gold‑Butte–Million Hills district, historically noted for high‑grade copper (~35%) and zinc (~40%) as well as significant lead, cobalt, germanium, gallium, gold and silver occurrences.
• Management emphasizes that historical data are non‑NI 43‑101 compliant and will serve only as a geological guide; the company plans modern exploration to verify and potentially expand the resource base.

Key Details

• Transaction Structure – Purchase of eight unpatented mining claims (≈160 acres) from prospector Nicholas Price.
• Initial cash payment: US$5,000 within three business days of receipt of BLM claim serial numbers.
• Ongoing payments: US$5,000 per quarter for the next 24 months after due‑diligence completion.

• Additional consideration: 1.5% Net Smelter Royalty (NSR) on future production.

• Project Description – Azure Ridge historic mine (active 1918) produced hand‑sorted ore averaging 40 % Zn and 35 % Cu. The property includes five adits, an 11‑ft deep shaft, two open cuts and ten pits.

• Historical Geochemistry (U.S. Bureau of Mines / USGS samples):

• Up to 8.99 % Cu, 33 % Pb, 30.8 % Zn.

• 471 ppm Co, 3,300 ppm Au, 142 ppm Ag, 150 ppm Ge, 75 ppm Ga.

• Geological Model – Fault‑controlled carbonate‑hosted polymetallic (Cu‑Zn‑Pb‑Co‑Ge‑Ga) Kipushi‑type mineralization; analog to the Apex Mine (Utah).

• Exploration Outlook – Company will conduct modern geophysical, geochemical and metallurgical programs to verify historic indications and potentially upgrade them to NI 43‑101 compliant resources.

• Regulatory Context – The project partially overlaps Wilderness Study Areas but remains permissible for mining under current BLM policy, subject to environmental compliance.

• Qualified Person – William Feyerabend, CPG (Consulting Geologist) has reviewed and approved the technical content of this release.

Notable Quotes

“These historical results… provide valuable geological context and a robust starting point for modern exploration… positions Azure Ridge as a compelling target for a modern germanium, gallium, copper, and zinc discovery.” – Mario Pezzente, President & CEO, Germanium Mining Corp.