Mr. Tim Fernback reports

APOGEE MINERALS PROVIDES NOTICE OF TERMINATION OF PINE CHANNEL OPTION AGREEMENT WITH EAGLE PLAINS RESOURCES LTD.

Apogee Minerals Ltd. has provided notice to Eagle Plains Resources Ltd. of its decision not to proceed with the option agreement on the Pine Channel gold project, located approximately 40 kilometres west of Stony Rapids, Sask. The option agreement will terminate effective Dec. 17, 2025, and Apogee will retain no further interest in the property.

The company owns a 100-per-cent interest in the May Lake project in Northern Saskatchewan's La Ronge belt, an underexplored property with demonstrated potential for volcanogenic massive sulphide copper-zinc-lead and orogenic gold mineralization.

May Lake property summary

The May Lake property lies at the boundary between the Rottenstone and La Ronge domains, host to a variety of deposit types including volcanogenic massive sulphide Cu-Zn-Pb orogenic gold and intrusion-hosted magmatic nickel-copper deposits. The claims are underlain by interlayered, felsic, intermediate and mafic volcanics, as well as intermediate to felsic intrusives and metasediments. Several notable mineral occurrences are located on the claims. The most significant of these is a rusty andesite outcrop, which returned up to 2,090 parts per million copper (0.2 per cent), along with anomalous zinc, gold and silver values. The property has not seen a great deal of exploration historically, and significant potential for the discovery of volcanogenic massive sulphide Cu-Zn-Pb and orogenic gold mineralization exists on the property.

About Apogee Minerals Ltd.

Apogee Minerals is a mineral exploration company. Its goal is to build shareholder value through mineral project acquisitions and advancement, as well as new mineral discoveries.

We seek Safe Harbor.