Eagle Plains partner approves drill program at IR

• Earthwise Minerals Corp. has approved a 2026 exploration program for Eagle Plains' 100%-owned Iron Range Project in southeast British Columbia.
• The program consists of a minimum of 1,200 metres of diamond drilling targeting the Talon zone structure.
• Drilling is scheduled to commence in mid-May 2026 and will be managed by Terralogic Exploration Inc.
• Historical intercepts at the Talon Zone include high-grade gold-silver-polymetallic intervals (e.g., 14.0m @ 5.1 g/t Au, 75.3 g/t Ag).
• Earthwise holds an option to acquire up to an 80% interest in the project through staged cash payments, share issuances, and exploration expenditures.

• The news is consistent with previous announcements regarding the Earthwise option agreement (announced late 2025/early 2026).
• Approval of the drill program confirms partner commitment to the earn-in terms but does not constitute a material discovery or financing event.
• No new high-grade intercepts are announced in this release; it is an operational update on planned work.
• The market likely priced in this activity given the prior disclosure of option terms and fieldwork commencement plans.
• Impact is incremental to the company's project generator model, validating ongoing partner engagement rather than creating new value.

• Strategy: Eagle Plains operates as a project generator, acquiring properties, conducting initial exploration, and partnering with juniors to fund further development in exchange for options/royalties.
• Flagship Projects: Iron Range (BC), George Lake (Saskatchewan), Dufferin West (Saskatchewan), Theory (BC).
• Portfolio: Over 20 projects active in the 2025 field season, covering gold, copper, uranium, and critical metals.
• Infrastructure: Several properties are fully permitted with access to power, roads, and rail (e.g., Iron Range near CPR mainline).