Airborne Geophysical Survey Completed at Cowtrail

• Survey Completion: BRS Resources Ltd. and Cariboo Rose Resources Ltd. announced the completion of a helicopter-assisted airborne geophysical survey at their Cowtrail Copper-Gold Porphyry Project in British Columbia.
• Drilling Retention: A 1,500-meter drill program has been retained with Paradigm Diamond Drilling to commence imminently following data processing and interpretation.
• Project Scope: The survey covered a core area of 27 square kilometers with nominal line spacing of 100 meters using Precision GeoSurveys.
• Option Agreement: BRS Resources Ltd. retains an option to earn a 60% interest in the project through specific exploration expenditures and payments by December 2028 ($2M spend, $200k cash, $200k shares).
• Location Context: The Cowtrail project is located approximately 20 kilometers southeast of the operating Mount Polley Mine.

• Incremental Progress: This news confirms the execution of the exploration program announced on May 13, 2026 (Routine - Neutral), moving from commencement to completion of the geophysical phase.
• No New Valuation Drivers: The release contains no assay results or new mineralization data; it is purely an operational status update regarding survey completion and drilling readiness.
• Dilution Context: Following a private placement upsized in April 2026 (raising up to $1M total), this news does not address capital needs but confirms the use of funds for exploration, which is expected behavior for a junior explorer.
• Risk Profile: The lack of immediate assay results means no material change to valuation or risk profile; the market must wait for drilling results to assess the project's potential.

• Strategy: Hybrid prospect generator model combining 100% owned projects with option/JV arrangements to reduce risk and dilution.
• Flagship Project (Cowtrail): Copper-gold porphyry project in south-central British Columbia, contiguous with Vizsla Copper Corp.'s Woodjam project. Optioned by BRS Resources for a 60% earn-in.
• Secondary Asset (Lightning Strike): 100% owned gold-silver project (~60 km NE of 100 Mile House). Recent drilling showed intercepts like 44.4m @ 0.77 g/t Au and 37.1 g/t Ag.
• Jurisdiction: British Columbia, a stable mining jurisdiction with established infrastructure near Mount Polley Mine.