Freeport Resources Launches China Roadshow

• Freeport Resources Inc. announced a China roadshow scheduled for November 9-13, 2026.
• The roadshow targets financial institutions, mining companies, and infrastructure partners to secure joint venture and strategic partnership opportunities for the Yandera Copper Project in Papua New Guinea.
• Management highlighted strong interest from Chinese entities, positioning the project as a strategic long-term copper supply source due to PNG's geographic proximity to China, the world's largest copper refiner and consumer.
• The release reiterates the project's development prerequisites: renewal of Exploration License 1335 (EL 1335) and securing project financing to commence a Definitive Feasibility Study (DFS).
• Historical context provided includes a 2017 Pre-Feasibility Study, over US$225 million in historical expenditures, and approximately 154,600 meters of drilling.

• The China roadshow represents a logical, incremental step in the company's strategic outreach following the January 2026 Memorandum of Understanding with Kumul Minerals Holdings Ltd. and ongoing discussions with undisclosed international partners.
• Engaging Chinese financial and mining entities directly addresses the capital and offtake requirements necessary to advance the Yandera project from exploration to a DFS and Final Investment Decision.
• The announcement does not introduce new technical data, updated resource estimates, or binding financing commitments. It serves as a continuation of the company's capital-raising and partnership-building narrative.
• The focus on license renewal and financing prerequisites confirms the project remains in the pre-feasibility stage, requiring sustained capital injection before any development timeline can be established.

• Freeport Resources Inc. is a pre-revenue junior exploration company focused on the Yandera Copper Project in Madang Province, Papua New Guinea.
• The flagship project covers 245.5 square kilometers under Exploration License 1335, situated in the prolific PNG Orogenic Belt near major deposits like Grasberg and Frieda River.
• Historical geological work includes approximately 154,600 meters of drilling and a 2017 Pre-Feasibility Study by Worley Parsons, which estimated open-pit Measured and Indicated Resources of 728 million tonnes grading 0.39% copper equivalent.
• Management cautions that the historical resource estimate is not current under NI 43-101 standards, as a qualified person has not completed sufficient work to classify it as such. Verification would require new exploration programs and twinning of historical drill holes.
• Over US$225 million in historical expenditures have been committed to the project since 2005.