Lancaster samples up to 31.5 g/t Au at Lake Cargelligo

Mr. Andrew Watson reports LANCASTER RESOURCES ROCK ASSAY RESULTS FROM LAKE CARGELLIGO GOLD PROJECT Lancaster Resources Inc. has released rock assaying results from its mineral claims at the 100-per-cent-owned Lake Cargelligo gold project in New South Wales, Australia. These assays were acquired during the on-site field visit as part of the company's National Instrument 43-101 maiden technical report. Assay highlights Sampling: Eleven samples taken at Lake Cargelligo, specifically from the Josephine Moulder target, and were submitted to ALS in Australia for independent testing. Strong geochemistry and mineralization: Eleven rock chip assays returned high gold values, up to 31.5 grams per tonne Au (gold), confirming strong mineralization at surface. Silver grades were equally impressive, with samples yielding up to 114 g/t Ag, highlighting the project's polymetallic potential. Prospective geology: Follow-up geological mapping indicates robust alteration and vein systems over areas of the project that were not subject to historical exploration, expanding the known footprint of veins displaying positive signs consistent with high-grade gold-silver deposits. The combination of high precious metal grades and favourable host geology supports strong potential for a significant discovery. "Our team is extremely encouraged by these assay results, which confirm the presence of high-grade gold and silver mineralization at Lake Cargelligo. The strength of geology, combined with the strong grades, underscores the potential for a significant new discovery. These results mark an exciting step forward as we advance exploration and unlock the value of this highly prospective property," said Andrew Watson, president and chief executive officer of Lancaster Resources. The samples were taken by the Lancaster Australia team with the aim of confirming historically reported rock chip grades at the Josephine Moulder and Mount Wilga prospects as part of an initial site visit to the project to facilitate the independent National Instrument 43-101 technical report and meetings with relevant landowners. ALS is an independent laboratory. Andrew Watson, PEng, president and chief executive officer and a director of the company, is a qualified person as defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Watson has reviewed and approved the scientific and technical information contained in this news release. Mr. Watson is the president and CEO of Lancaster and is not independent of the company. About Lancaster Resources Inc. Lancaster Resources is a Canadian exploration company advancing a portfolio of critical mineral and gold projects in established mining jurisdictions. The company holds a 100-per-cent interest in the Lake Cargelligo gold project in New South Wales, Australia, covering more than about 62,300 hectares with a history of drilling and exploration. In Canada, Lancaster's assets include the Lac Iris polymetallic project and an option to acquire the Trans-Taiga project in Quebec's James Bay region, as well as the Piney Lake gold project and uranium projects at Catley Lake and Centennial East in Saskatchewan's Athabasca basin. Lancaster's diversified land position provides exposure to gold, uranium and polymetallic exploration opportunities. We seek Safe Harbor.