Nuvau Provides Corporate Update and Strategy for 2026

Executive Summary

• Nuvau Minerals reports significant 2025 exploration successes—including high‑grade gold in till, multiple VMS intercepts, and a new orogenic gold system—supporting an updated mineral resource estimate and near‑term production restart.
• The company entered into a second amended and restated earn‑in agreement with Glencore on Jan 28 2026, confirming that Nuvau must complete the earn‑in by Feb 27 2026 to acquire 100% of the Matagami Property.
• Planned 2026 exploration program will target additional gold‑in‑till anomalies, VMS zones (e.g., Daniel 25), and untested geophysical targets, with all permits already secured.

Key Details

• 2025 Sonic Drilling: Gold grain anomaly >2,000 grains/10 kg in glacial till; adjacent sample 295 grains (hole PD‑23‑030s).
• Caber Complex (Base Metals): Completed high‑density drill program; numerous high‑grade intercepts returned, positioning the deposit for an updated MRE.
• Renaissance Zone: 27 holes drilled; 16 contain semi‑massive to massive sulphide mineralization; new VMS discovered at PD1‑East target.
• McLeod Extension: 7 new intersections from 5,526 m of drilling (2024‑25); notable intercept – 15.30 m @ 2.92% Cu, 15.32% Zn, 0.39 g/t Au, 98.16 g/t Ag.
• New Gold Horizon (Bracemac): First hole intersected visible gold – 8.87 g/t Au over 1.05 m (incl. 16.02 g/t Au over 0.55 m) (BRCG‑25‑01). Follow‑up drilling confirms broad near‑surface mineralized system.
• Assay Tables: Detailed gold intervals provided (Table 1) and drill collar positions (Table 2).
• 2026 Exploration Focus: Gold‑in‑till anomaly, Thunder Mine target, Bracemac footwall gold occurrence; VMS targets including Daniel 25 and central‑camp geophysical anomalies. All permits obtained.
• Resource Update Plans: Aim to upgrade Caber Complex resource, produce initial resources for Bracemac‑McLeod and Renaissance, then revise the 2022 PEA with added resources and updated economics.
• Earn‑in Agreement (Second A&R Earn‑In): Executed Jan 28 2026 between Nuvau Minerals Inc., Nuvau Minerals Corp., and Glencore Canada Corp.; amends prior agreements (Mar 25 2022, Jun 28 2024).
• Nuvau has satisfied all work requirements; now negotiating transfer of Glencore’s interest.
• Technical amendments address regulatory considerations, replacement of financial assurances, permit transfers, and guarantee of deferred obligations.
• Completion deadline: no later than Feb 27 2026.
• Qualified Person: Bastien Fresia P., Geo., Technical Services Director (NI 43‑101 QP).

Notable Quotes

“We went public in late 2024 with a mandate to increase base metal resources, initiate gold‑focused exploration … and accelerate work toward restarting mining operations,” – Peter van Alphen, President & CEO.

All boilerplate, forward‑looking statements, and disclaimer text have been omitted for brevity.