Primary begins geophysical survey at Wicheeda North

Executive Summary

• Primary Hydrogen Corp. has begun a 401‑km airborne VTEM and magnetic geophysical survey over its 21.1 sq km Wicheeda North REE project in British Columbia.
• The survey will integrate with historic data to refine existing targets, identify new anomalies, and guide forthcoming trenching and drilling planned for later this year.
• A temporary pause has been announced for the Point Rosie and Mary’s Harbour projects in Newfoundland & Labrador due to a provincial ban on mechanized equipment caused by extreme wildfire conditions.

Key Details

• Survey Scope: 401 line kilometres covering ~25 sq km; conducted by Geotech Ltd.; combines VTEM and magnetic methods.
• Objective: Refine previously defined targets, generate new exploration targets, and support future trenching/drilling program.
• Future Work: Notice of work submitted for a multiyear trenching and drilling program expected later in 2026.
• 2025 Exploration Program (Phase 1): Soil & soil‑gas sampling; property‑wide airborne geophysics; follow‑up geochemical analysis of key zones.
• Target Zones: Grids A and D identified as high‑priority based on the 99th percentile REE concentrations in historic data.
• Geological Context: Project lies within a carbonatite‑related REE belt adjacent to Defense Metals’ Wicheeda rare earths project (NI 43‑101 resource: 29.3 Mt @ 2.27% TREO measured & indicated; 5.7 Mt @ 1.4% TREO inferred).
• Project Size: Nine contiguous mineral claims totaling 2,138 ha (21.1 sq km) in the northern Cariboo mining division, within the Rocky Mountain trench structural corridor.
• Newfoundland & Labrador Update: Exploration at Point Rosie and Mary’s Harbour temporarily halted due to provincial ban on mechanized equipment on Crown land amid wildfire risk; operations will resume when permitted.
• Qualified Person: Peter Lauder, P.Geo., VP of Exploration (NI 43‑101 QP) reviewed and approved the technical content.

Notable Quotes

“This property‑wide geophysical survey will allow us to evaluate previously unexplored areas and generate a refined set of exploration targets,” – Benjamin Asuncion, CEO, Primary Hydrogen Corp.
“The results will help prioritize areas for future trenching and drilling, supporting our broader objective of delineating REE mineralization at Wicheeda North.” – Benjamin Asuncion

Materiality Assessment: Non‑Material – Positive (operational progress with no immediate financial impact).