Venerable awards tradeoff, engineering studies for Minto

Mr. Colin Joudrie reports ELKIRK COPPER ANNOUNCES AWARD OF TRADE-OFF STUDY AND ENGINEERING WORK PACKAGES Venerable Ventures Ltd. has awarded tradeoff study and engineering work packages on mine planning, mining, metallurgy, facilities and study integration to Hatch Ltd., and water management, tailings and waste rock management to SRK Consulting (Canada) Inc. M. Colin Joudrie, president and chief executive officer, commented: "Having the calibre of professionals from the Hatch and SRK organizations join the Selkirk Copper team to advance important tradeoff study work underpins our commitment to a methodical, well-informed and staged approach to pursue a potential restart decision of mining, mineral processing and site operations at the former Minto copper-gold-silver mine in early 2027. Each of Hatch and SRK have experience working at the site and further each have committed high-quality and experienced personnel to join the team in developing a pragmatic and cost-efficient restart plan." Mark Deziel, global director of mining for Hatch, noted: "Hatch is proud to be supporting Selkirk Copper in the development of the Minto mine project. Through our engineering services, we're committed to delivering innovative, sustainable solutions that advance the project's success while creating lasting benefits for local communities. We value the opportunity to collaborate with Selkirk Copper and to contribute to the growth and prosperity of the region." John Kurylo, principal engineer and practice leader with SRK Consulting (Canada) Inc., added: "SRK is pleased to support Selkirk Copper as they investigate the restart of the Minto mine. Having been involved with the project during past phases of permitting, operations, expansion and closure, our team looks forward to applying its understanding of the site characteristics -- including water, tailings, waste rock, geotechnics and warm permafrost -- in this next stage of work. We look forward to working with Selkirk Copper, regulators, government, Selkirk First Nation and other stakeholders to identify the best environmental, social and technical outcomes for the project." Scott Fulton, vice-president of projects and engineering, added: "Both teams from Hatch and SRK have demonstrated their depth of in-house expertise and intimate knowledge from previously working at the Minto mine site. Having the opportunity to learn from the past and systematically re-evaluate each aspect of the engineering design is something this team is setup to achieve. I look forward to bringing these tradeoff study and engineering work packages together by early Q2 2026." About Venerable Ventures Ltd. (doing business as Selkirk Copper Mines) Selkirk Copper is a well-financed, newly formed company with a controlling interest held by the Selkirk First Nation, that, in partnership with the Selkirk First Nation, is completing a thorough exploration drilling campaign and a restart and redevelopment plan for the former Minto copper-gold-silver mine based on best-in-class environmentally sustainable mining, development and reclamation practice. Selkirk Copper controls 26,850 hectares of prospective mineral claims located in the Minto-Carmacks copper belt as well as significant open-pit and underground infrastructure, a 4,100-tonne-per-day processing plant, 400-person camp, water treatment facilities, numerous ancillary buildings and mobile equipment centered on the former Minto copper-gold-silver mine. Selkirk Copper's mineral tenure, operation infrastructure, access roads and powerline, is located on or adjacent to lands of the Selkirk First Nation much of which is surrounded by prospective Selkirk First Nation Category A Lands. We seek Safe Harbor.