Highland Critical Minerals Corp. Commences Exploration Program at Its Sy Property

Executive Summary

• Highland Critical Minerals will commence an exploration program at the Sy Property in Nunavut’s Yathkyed Lake Greenstone Belt later in October 2025.
• The company disclosed a warrant‑exercise financing that generated gross proceeds of $163,125 from the issuance of 1,087,500 common shares, which will fund ongoing and future exploration activities.
• Updates were provided on existing programs at the Red Lake (RLG Claims) and Church Property, including pending assay results and planned spring‑2026 field work.

Key Details

• Sy Property Exploration (Nunavut):
• Program to begin October 2025; includes review of historic geological/geophysical data, target identification, claim footprint review, and on‑site geophysics aimed at detecting gold mineralization in Banded‑Iron Formations.
• Highland Red Lake Gold Corp. (RLG Claims – Ontario):
• Ongoing work: geological mapping, prospecting, rock sampling (60 grab samples collected), drone‑based airborne magnetic and LiDAR survey completed.
• Assay results from August sampling and final geophysical products expected in Q4 2025; will inform future work plans.
• Church Property (Northwestern Ontario):
• Completed mobile metal‑ion soil sampling; no significant lithium anomalies identified.
• Results under analysis; follow‑up field exploration planned for spring 2026, weather permitting.
• Financing – Warrant Exercise:
• Issued 1,087,500 common shares via exercised warrants.
• Gross proceeds: $163,125.
• Use of proceeds: fund current exploration programs (Sy, Red Lake, Church), support the previously announced spin‑out arrangement for Highland Red Lake Gold Corp., general working capital, and potential new acquisitions.
• Management Comment:
• CEO Ted Yew highlighted shareholder support through warrant exercises and expressed confidence in delivering upcoming exploration updates for Sy and Red Lake properties.

Notable Quotes

“We are extremely pleased to have the support of our shareholders who through the exercising of warrants have provided additional funds for us to continue our exploration programs given the current robust gold environment.” – Ted Yew, CEO

All technical information reviewed and approved by qualified persons per NI 43‑101.