Mr. Jack Stoch reports

INITIAL DRILL HOLES RETURNED ZN, AG AND AU OVER WIDE WIDTHS ON CHIBOUGAMAU INDEPENDENT CLAIMS OPTIONED TO TOMAGOLD

Chibougamau Independent Mines Inc. is informing shareholders that TomaGold Corp. has intersected zinc, silver and gold mineralization in drill holes on the Berrigan claims located in the Chibougamau mining camp, under option from Chibougamau Independent Mines.

Intersections as reported by TomaGold on Dec. 22, 2025, include the following.

Main high-grade intersections:

• Hole TOM-25-009 (from 156.70 metres): 6.68 per cent zinc equivalent (1.57 grams per tonne gold equivalent) over 48.05 metres, including 39.03 per cent ZnEq (9.15 g/t AuEq) over 2.90 metres and 21.86 per cent ZnEq (5.12 g/t AuEq) over 5.40 metres;
• Hole TOM-25-009 (from 244.50 m): 5.44 per cent ZnEq (1.27 g/t AuEq) over 15.20 metres, including 25.15 per cent ZnEq (5.85 g/t AuEq) over 2.55 metres;
• Hole TOM-25-010 (from 130.70 m): 2.67 per cent ZnEq (0.62 g/t AuEq) over 48.30 metres, including 12.87 per cent ZnEq (3.00 g/t AuEq) over 6.25 metres.

Note: The reported widths from TomaGold represent core lengths. ZnEq and AuEq are calculated using the company's standards. True width is estimated to be approximately 80 to 85 per cent of the core length, depending on the deviation angles.

Five additional holes targeting lateral and depth extensions of the mineralized envelope are out for assay, and a borehole electromagnetic survey is currently under way to try to identify new targets in the area of the currently disclosed drill hole assay results.

This press release was written by Jack Stoch, PGeo, president and chief executive officer of Chibougamau, in his capacity as a qualified person under National Instrument 43-101. The technical content of this press release was approved by Jean Lafleur, PGeo, vice-president of TomaGold.

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