Temas begins drilling at La Blache

Mr. Tim Fernback reports TEMAS ACCELERATES ITS 2,500 METRE DRILLING PROGRAM AT LA BLACHE Temas Resources Corp. has commenced an approximately 2,500-metre accelerated drill program at its La Blache property near Baie-Comeau, Que., Canada, commencing at the end of October, 2025, and continuing into this month. The drilling program is expected to build on the company's initial resource estimate set out in the company's prospectus dated Aug. 29, 2025, and to confirm the final geological model for the property. A full and comprehensive understanding of the deposit is anticipated after completion of this drill program. "The La Blache property is located near existing infrastructure, skilled work force and near the deep-sea Port of Saguenay," explained Tim Fernback, chief executive officer, of Temas Resources. "We have La Blache on an accelerated mineral exploration and development path to support the commencement of a larger feasibility study in 2026. We have extensively drilled the Farrell-Taylor Ti02 deposit in the past, and this new drill program will help further define the mineralized trend. The Lac Schmoo area contains a historical Ti02 outcropping at the surface that is physically located between the company's Farrell-Taylor and Hervieux East deposits within the La Blache claim block. We wish to test this area in order to add additional mineral resource potential to La Blache." The campaign will encompass the entire 2.5-kilometre-long known Ti02 mineralization zone from Hervieux West to Farrell-Taylor at 50-metre-by-50-metre intervals. The first phase of the drill program will begin with two drill rigs in the coming weeks and increase up to four rigs by mid-November with the expected completion of a second phase program by April, 2026. The drill program is fully financed by the company's recent financings, and all drill and work authorizations are in place at La Blache. The campaign including drilling operations will be managed by Magnor Exploration Inc. of Laterriere, Que. David Caldwell, Temas chief operating officer, commented: "We are excited to see the first-phase drilling to acquire metallurgical samples and further define and upgrade the Farrell-Taylor Ti02 resource. In light of the push for onshoring critical metals in North America, we are defining the La Blache property as an important step in reaching independence for V, Ti, Sc and Ga mineralization is a world-class massive oxide deposit. We will incorporate the recently acquired resources to the west into a global mineral resource estimate covering the entire property that will be used to define future feasibility work." Foreign resource cautionary statements Details regarding the foreign mineral resource estimate, project details and associated exploration results are set out in the company's prospectus dated Aug. 29, 2025. The company confirms that it is not aware of any new information or data that materially affect the information included in La Blache project description in the prospectus. The prospectus is available on the company's website or through the Australian Securities Exchange platform under announcement dated July 15, 2025. The company confirms that it is not aware of any new information or data that materially affect the information included in La Blache project description in the prospectus. The company confirms that all material and technical assumptions underpinning the foreign resource estimate and exploration results in this original prospectus continue to apply and have not materially changed. The estimates of the quantity and grade of mineralization for La Blache project are set out in La Blache project in the prospectus and are foreign estimates within the meaning of the ASX listing rules and are not reported in accordance with the Joint Ore Reserves Committee Code 2012. A competent person has not undertaken sufficient work to classify the foreign estimates as mineral resources in accordance with the JORC Code 2012. It is uncertain that, following evaluation and further exploration work, the foreign estimates will be able to be reported as mineral resources in accordance with the JORC Code. Competent person/qualified person statement The information in this announcement that relates to exploration results and mineral resources for La Blache and Lac Brule titanium-vanadium projects in Quebec, Canada, is based on, and fairly represents, information and supporting documentation prepared and compiled by Malcolm Castle, BSc (honours), GCertAppFin (sec. inst.), MAusIMM, principal consultant of Agricola Mining Consultants Pty. Ltd. Mr. Castle is a member of the Australasian Institute of Mining and Metallurgy. He has sufficient experience that is relevant to the style of mineralization, the type of deposit under consideration and the activity being undertaken to qualify as a competent person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012) and a qualified person as defined by National Instrument 43-101. Mr. Castle is the principal consultant of Agricola, which provides independent geological and technical advisory services to Temas. He has reviewed the information presented in this announcement and consents to the inclusion in the report of the matters based on his information in the form and context in which they appear. Agricola is an independent geological and technical consultancy, and has no direct or indirect interest in Temas. About Temas Resources Corp. Temas is a technology-driven critical mineral company advancing a dual-business model built around proprietary processing innovation and strategic mineral ownership. The company's patented regenerative chloride leach technology platform delivers significant operational cost reductions -- validated at up to 65 per cent lower than traditional processing -- while dramatically reducing energy use and environmental impact. Temas's RCL process is the foundation of its technology licensing and partnership business, enabling global mining and materials companies to adopt sustainable, high-margin metal extraction methods across a range of critical minerals, including titanium, vanadium, nickel and rare earth elements. Complementing its technology division, Temas also owns 100 per cent of two advanced titanium-vanadium-iron projects in Quebec, Canada -- La Blache and Lac Brule -- which are strategically positioned to feed directly into the company's proprietary processing platform, creating a fully integrated mine-to-market supply chain for Western metals. Through this combination of innovative intellectual property commercialization and resource ownership, Temas Resources is positioned to deliver scalable, low-carbon solutions that strengthen Western critical mineral independence and create long-term value for shareholders. We seek Safe Harbor.