Earthwise Minerals Samples up to 13.4 g/t Gold, 27.2 g/t Silver, and 2.7% Lead During Summer Field Program

Executive Summary

• Earthwise Minerals Corp. announced results from its 2025 fieldwork at the Iron Range Project, highlighting high-grade gold and silver grab samples, including a top result of 13.4 g/t Au and 27.2 g/t Ag.
• The company holds an exclusive option to acquire up to an 80% interest in the 20,021-hectare Iron Range Project from Eagle Plains Resources Ltd., with the first phase entitling Earthwise to a 70% interest upon meeting specific cash, share, and exploration expenditure requirements.
• Fieldwork focused on follow-up of historic anomalies across four zones (Pyromorphite, DIP, Star West, Golden Cap), with significant geochemical anomalies identified in soil and rock samples, particularly at the Pyromorphite and DIP targets.

Key Details

• Pyromorphite Zone Highlights:
  • Best grab sample (KBBIRR004): 13.4 g/t Au, 27.2 g/t Ag, > 10,000 ppm As, and 2.7% Pb.
  • Composite soil/rock sample (TYIRD001): 2.3 g/t Au.
  • Float samples (KBBIRR006 and R007): 0.6 g/t Au and 0.2 g/t Au, respectively.
  • Historic high-grade rock samples confirmed: SK10-207 (27.0 g/t Au) and MK10-170 (54.7 g/t Au).
• DIP (Dakota, Idaho, Pacific) Zone Highlights:
  • Line IRL204 returned anomalous Au-in-soil over 50m, with values of 28.2, 59.8, and 180.0 ppb Au.
  • Anomalous Au located approximately 200m downslope of heavy sample MMIRH001 (2014) containing gold grains.
• Star West Zone Highlights:
  • Sample IRL196 returned 440 ppb Au (4th highest Au-in-soil result on the property to date).
• Golden Cap Zone:
  • Infill soil lines completed; no significant geochemical results returned.
• Sample Collection:
  • 531 soils, 15 rocks, and 5 heavy mineral concentrates collected by Terralogic Exploration Inc.
  • Analysis performed at ALS Laboratories (ME-MS41, Au-ST43, Au-AROR43 packages) and Overburden Drill Management Limited for heavy mineral concentrates.
• Iron Range Project Option Terms:
  • Phase 1 (70% Interest): Requires CA$250,000 cash payment, issuance of 1,500,000 common shares to Eagle Plains, and CA$4,000,000 in exploration expenditures over four years (including $200,000 in 2025).
  • Phase 2 (Additional 10% for 80% Total): Requires notification of intent, a one-time payment of CA$1,000,000, and completion of a bankable feasibility study before the eighth anniversary of the Option.
  • Royalties: A 2% smelter returns royalty will be granted to Eagle Plains upon exercise of either option; 1% of this royalty may be repurchased for CA$1,500,000.
  • Joint Venture: Earthwise and Eagle Plains will form a 70/30 or 80/20 JV following the exercise of the options.
• Historical Context:
  • 2010 drilling at Talon Zone intersected 14.0m grading 5.1g/t gold, 1.86% lead, 2.1% zinc, 75.3g/t silver.
  • 2008 drilling intersected 7.0m grading 51.52g/t gold.
  • Property is fully permitted with a Multi-Year Area Based (MYAB) permit.

Notable Quotes

• "The poly-metallic (As-Pb-Zn) nature of the mineralization at the Pyromorphite Zone and the association between arsenopyrite (As) and Au mineralization are consistent with the structurally hosted mineralization that defines the Talon Zone target 12 km SW."