Strategx Elements drills 49.9 m of 0.26% Ni at Nagvaak

Mr. Darren Bahrey reports STRATEGX ANNOUNCES POSITIVE DRILL RESULTS CONFIRMING EXPANSION OF LARGE-SCALE CRITICAL MINERALS SYSTEM AT NAGVAAK Strategx Elements Corp. has released positive assay results from the first drill hole completed in the 2025 drill program at its Nagvaak project, part of its district-scale Melville peninsula portfolio in Nunavut, Canada. The results confirm a robust polymetallic system hosting nickel, copper, vanadium, silver, zinc, molybdenum and large-flake graphite mineralization, reinforcing Nagvaak's potential to become a Tier 1 critical minerals asset and a strategic North American supply source for the clean energy transition. 2025 drilling highlights: Assay results from drill hole NAG25-01 returned intersections grading: 0.26 per cent Ni, 0.11 per cent Cu, 0.18 per cent V2O5 (vanadium pentoxide), 0.23 per cent Zn, 0.02 per cent Mo and 6.92 grams per tonne Ag over 49.9 metres; 6.90 per cent Cg (graphite) over 34.7 m, including 16.1 per cent Cg over 6.0 m. NAG25-01 intersected the mineralized zone 580 metres west of historical drilling, confirming continuity inside the mineralized corridor. Drilling validates significant polymetallic mineralization, and results are consistent with the company's exploration model and discovery thesis. A confirmed model will allow for efficient resource delineation of the Nagvaak deposit within a 6,000-metre-by-500-metre mineralized corridor. Nagvaak demonstrates similarities to the Kuusilampi and Kolmisoppi ore deposits in Finland. On March 25, 2025, Kolmisoppi received a strategic project designation under the European Union Critical Raw Materials Act "These latest results continue to validate the scale, continuity and grade of the Nagvaak system," said Darren Bahrey, chief executive officer of Strategx. "By confirming our exploration model and expanding the mineralized footprint, we've materially increased the value of this Tier 1 critical minerals asset. We remain focused on executing a disciplined exploration approach to unlock long-term value and be positioned as a key contributor to the critical minerals global supply chain." Drill hole NAG 25-01 summary Drill hole NAG25-01 intersected sulphide-rich, graphite-bearing zones 580 metres west of prior holes, confirming a strong correlation between surface mineralization, magnetic response and conductivity anomalies, as previously described in the company's press release on Sept. 29, 2025. The drill results to date support the continuity of a potential large-scale mineralized system across the corridor (see attached table), consistent with geological analogues such as the Kuusilampi and Kolmisoppi ore deposits in Finland. On March 25, 2025, the Kolmisoppi received a strategic project designation under the European Union Critical Raw Materials Act. The exploration model will allow the exploration team to accelerate the delineation of the 6,000-metre-by-500-metre mineralized corridor hosting the Nagvaak deposit. Future exploration will use this knowledge to make more discoveries within the company's substantial Melville peninsula property portfolio. Next steps Strategx will prioritize: Mineralogical and metallurgical characterization; Geological modelling and resource delineation across the six-kilometre-by-500-metre corridor; A 2026 drill-focused exploration program aimed at resource definition and economic assessment. These steps will accelerate technical derisking, support valuation growth, and align Strategx with potential strategic partners and offtake opportunities within the critical materials market. "We believe Nagvaak could represent one of Canada's most prospective emerging new critical minerals districts," added Mr. Bahrey. Nagvaak analogues -- Kuusilampi and Kolmisoppi ore deposits Nagvaak demonstrates striking geological similarities to Kolmisoppi and Kuusilampi, critical mineral deposits operated by Terraframe in Finland. The Kuusilampi ore deposit, currently being mined, and the Kolmisoppi ore deposit together form the largest nickel ore reserves in Europe. The Terraframe operation mines over 70 per cent of the primary nickel mined in Europe. The mine reported, in 2022, measured, indicated and inferred mineral resources amount to 1,451 million tonnes (Kolmisoppi -- 810 million tonnes and Kuusilampi -- 641 million tonnes) containing 0.25 per cent nickel, 0.52 per cent zinc, 0.14 per cent copper and 0.019 per cent cobalt. On March 25, 2025, the Kolmisoppi ore deposit was granted strategic project status under the European Union's Critical Raw Materials Act. These analogues highlight the potential for Nagvaak to become a world-class deposit in terms of the comparable scale, grade profile and strategic positioning in the energy transition metals sector. Sampling, assaying and quality assurance/quality control HQ-diameter (6.35 centimetres) was logged for recovery as well as geological, geophysical and geotechnical information. The core was photographed before being sawn in half. Samples between 0.5 m and one m in length were taken in zones based on visual inspection. One-half was shipped to ALS Geochemistry in North Vancouver, B.C., and the other half was archived on site. At ALS, the samples were weighed, dried, crushed and split by riffle splitter, and up to 250 grams were pulverized to 85 per cent less than 75 microns. Digestion was by aqua regia. Analysis was by ICP-MS Ultra Trace for multielement (ME-MS41). Graphite samples were analyzed by LECO IR (infrared) spectroscopy (C-IR18). Further ore-grade elements were performed by ICP-AES. With the same number of samples analyzed, the laboratory QA/QC reports were deemed sufficient for quality control of the assaying. Qualified person Any geological and technical data contained in this press release were reviewed and approved by Gary Wong, PEng, an independent consultant and qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. About Strategx Elements Corp. Strategx is a Canadian-based exploration company focused on discovering energy transition metals in Northern Canada. With the Nagvaak project as its most advanced strategic asset, Strategx controls approximately 80,000 hectares on the Melville peninsula, positioning it as a first mover in one of the country's last untapped critical mineral frontiers. Strategx is advancing multiple targets prospective for nickel, copper, vanadium, cobalt, zinc and graphite, representing a unique multicommodity opportunity for investors seeking exposure to the next generation of North American critical metals projects. We seek Safe Harbor.