Mink Ventures conducting winter drill program at Warren

Executive Summary

• Mink Ventures Corp. has commenced a winter diamond drill program at its Warren Ni-Cu-Co property in Timmins, Ontario, focusing primarily on the A zone.
• The company is re-evaluating the A zone based on new geological interpretations suggesting a broad, flat-lying higher-grade body that previous inclined drilling may have missed; the program will utilize shallow vertical holes to test this geometry.
• Additional drilling is planned for the untested North Zone and D Zone, following recent prospecting and geophysical surveys that identified significant nickel, copper, and cobalt anomalies.

Key Details

• Drilling Program Scope: Winter diamond drilling is underway at the Warren property, with plans to move to the Montcalm property in late January.
• A Zone Focus:
  • The main focus is the A zone, which is highly prospective for Ni-Cu-Co.
  • Recent summer work identified a strong MALAM anomaly with a strike length of ~500 metres and width of 200 metres.
  • This anomaly coincides with surface trenches exposing semi-massive to massive sulphides over ~120 metres of strike.
  • New data suggests the higher-grade zone is a broad, flat-lying body with a shallow plunge to the north, underlain by low-grade disseminated mineralization.
  • Planned strategy: Shallow vertical holes to test the coincident MALAM anomaly and surface exposure over the 120-metre strike length.
• North Zone Testing:
  • Untested surface occurrence.
  • Grab samples returned values as high as 0.967% Ni and 0.07% Co.
  • Recent MALAM geophysical surveying outlined a 100-metre-plus "bull's eye" target.
• D Zone Testing:
  • Surface expression is a 50-metre-wide, trenched sulphide-rich zone, untested by drilling.
  • Historical chip sample from a trench returned 0.5% Ni over 9.14 metres.
• Recent Prospecting Results (Late Summer):
  • Focus was on ground-truthing VTEM airborne anomalies.
  • A mineralized occurrence was found proximal to one target in the extreme northeastern portion of the Warren patents (UTM 439633E 5365259 N).
  • Anomalous copper grab samples ranged from 0.216% to 0.252%.
  • Anomalous nickel grab samples ranged from 0.139% to 0.171%.
  • Follow-up ground geophysics is being considered to prioritize VTEM targets for future drilling.
• Quality Assurance/Quality Control (QA/QC):
  • Samples collected by qualified professional geologist and field assistant.
  • Prepared at ALS Canada Ltd. facility in Timmins.
  • Analysis performed in Vancouver, B.C., including:
    • 35-element MEICP41 aqua regia ICP-AES.
    • PGM ICP23 for Au-Pt-Pd.
    • Cu OG46 for >10,000 ppm Cu.
    • Ni OG46 for >10,000 ppm Ni.
  • External check: Oreas standard No. 14P and blank sample.
  • Internal checks: Numerous QC samples and duplicates.
• Qualified Person: Kevin Filo, PGeo (Ontario), approved the technical information. He is a director of the company.
• Company Context:
  • Warren property covers 1,130 hectares, 35 km from Montcalm.
  • Montcalm project covers 100 sq km adjacent to Glencore’s former Montcalm mine (historical production: 3.93M tonnes @ 1.25% Ni, 0.67% Cu, 0.051% Co).
  • Both projects are drill-ready, permitted, and have infrastructure access.
  • Shares outstanding: 33,606,719.