Sorrento Resources Ltd. Provides Update on Bottom Brook Drill Program, Newfoundland

Executive Summary

• Sorrento Resources expanded its Bottom Brook diamond drill program from 6 to 10 holes, targeting ~1,500 m of drilling.
• Six holes have already been completed, delivering over 1,000 m of core with several high‑grade rare earth oxide (TREO) intercepts reported.
• Management expressed confidence in the geological model and the potential to grow known REE mineralization.

Key Details

• Drill Program Progress: 6 holes completed → >1,000 m drilled; program now expanded to 10 holes → ~1,500 m total planned.
• High‑Grade TREO Intercepts (historical):
• 4.37% TREO over 5 m
• 4.47% TREO over 5.6 m
• 8.19% TREO over 2.0 m
• 15.0% TREO over 0.5 m
• 11.02% TREO over 1.05 m
• 1.269% TREO over 7.5 m
• Project Overview: Bottom Brook comprises 16 mineral licences (606 claims) covering 15,150 ha, located ~40 km south of Corner Brook, NL, with road and transmission line access.
• Geological Context: REE mineralization is monazite‑enriched; core chemistry comparable to the Bayan Obo carbonatite deposit and the high‑grade Steenkampskraal deposit (average 14.5% TREO).
• Management Commentary: CEO Alex Bugden highlighted confidence in the drill program’s progress and the underlying geological model.
• Qualified Person: Alex Bugden, P.Geo., NI 43‑101 Qualified Person, reviewed and approved technical information.

Notable Quotes

“We are very encouraged by the progress of the drill program at Bottom Brook. Expanding the program to 10 holes reflects our confidence in the geological model and the potential to grow the known rare earth mineralization.” – Alex Bugden, President & CEO

Materiality Assessment: Non‑Material – Positive (the release provides operational updates without disclosed financial impact).