Moon River Moly Ltd. Announces Engagement of Concentrator Support Ltd. as Project Manager for the Davidson Molybdenum-Copper-Tungsten Deposit and Grant of Stock Options

Moon River Moly Ltd. (MOO) has engaged Concentrator Support Ltd. (CSL) to provide engineering and metallurgical services for its Davidson Molybdenum-Copper-Tungsten Deposit. As part of this arrangement, Cameron Lilly, President of CSL, has been appointed as Project Manager for the Davidson Project and Technical Advisor for the Company's 25% interest in the Endako Mine.
The appointment supports ongoing engineering studies, including tungsten flotation test work and development planning for the Davidson Project, following a Preliminary Economic Assessment (PEA) completed in late 2025. The company references an updated PEA prepared by A-Z Mining Professionals Ltd. (AMPL), with an independent NI 43-101 Technical Report dated February 6, 2026, effective December 23, 2025.
Paul Parisotto, President and CEO, stated that Mr. Lilly's experience will contribute to advancing and derisking the Davidson Project, specifically providing oversight to ongoing tungsten flotation test work at Base Metallurgical Laboratories Ltd. in Kamloops, BC.
Mr. Lilly was granted stock options under the Company's Stock Option Plan to acquire 400,000 common shares at an exercise price of $0.72 per share for a ten-year term. Mr. Cameron Lilly is designated as the "Qualified Person" (QP) under National Instrument 43-101 responsible for the scientific and technical information in the release.