Loyalist Exploration Announces Engagement of Caracle Creek for Loveland 43-101 Report

Executive Summary

• Loyalist Exploration has retained Caracle Creek International Consulting to prepare a NI 43‑101 Technical Report for its Loveland Gold‑Copper/Nickel project in Timmins.
• The release discloses historic drill intercepts showing high‑grade gold (up to 10.39 g/t Au over 3.1 m) and surface grab samples exceeding 11 g/t Au, highlighting the project's exploration potential.
• Historical mineral resource estimates for the Hollinger and Cominco zones are disclosed with cautionary language that they are unclassified and not NI 43‑101 compliant.

Key Details

• Consultant Engagement: Caracle Creek International Consulting Inc. appointed to prepare the first NI 43‑101 Technical Report for Loveland.
• Gold Drill Intercepts (historic Amador drilling):
• 6.37 g/t Au over 8.55 m from 383.25 m to 391.80 m depth.
• 6.17 g/t Au over 3.0 m from 403.0 m to 406.0 m depth.
• 10.39 g/t Au over 3.1 m from 410.30 m to 413.40 m depth.
• Surface Grab Samples (≈400 m SE of historic Cominco Zone): 8.98 g/t Au and 11.48 g/t Au.
• Property Size: 292 contiguous mineral claims covering 6,244 ha (15,430 ac).
• Historical Resource Estimates (unclassified, non‑NI 43‑101 compliant):
• Hollinger Zone – 422,350 t grading 0.71% Ni and 0.42% Cu.
• Cominco Zone – 130,000 t grading 0.73% Ni and 0.68% Cu.
• Geology: Intercalated mafic to intermediate volcanic flows intruded by feldspar porphyries and gabbro; similarity to Kamiskotia gabbroic complex.
• Exploration Outlook: The NI 43‑101 report will serve as the foundation for future exploration under Loyalist’s “Buy Timmins” strategy. Additional work required to define the extent of gold enrichment.
• Qualified Person: Curtis Ferron, P.Geo., independent consultant, reviewed and approved technical content.

Notable Quotes

“We are very pleased to engage Caracle Creek to complete our first 43‑101 Technical Report on Loveland. A requirement of the Canadian Securities Exchange, the Report will provide the foundation for future exploration activities on the property and continue the execution of the Company’s Buy Timmins strategy.” – Errol Farr, President & CEO

Materiality Assessment: Non‑Material – Positive (provides material project update but does not constitute a major corporate event such as financing or acquisition).