Mr. Terry MacDonald reports

COPPER LAKE ANNOUNCES RESULTS OF AGM AND RESIGNATION OF DIRECTOR

Copper Lake Resources Ltd. has released the results from the annual general and special meeting of shareholders (AGSM).

Results of AGSM

A total of 46,955,474 shares representing 17.36 per cent of the total issued and outstanding shares at the record date of the AGSM were voted.

Shareholders passed all resolutions set out in the management information circular of the company dated April 30, 2025, including the re-election of the incumbent directors, setting the number of directors at five, the approval of Copper Lake's stock option plan as required annually by the TSX Venture Exchange and the proposed common share consolidation. The percent of votes in favour of the various motions ranged from 97.68 per cent to 83.74 per cent.

Director resignation

The company announces that Dr. Jeffrey Malaihollo, PhD, BA, FGS, MAusIMM, has tendered his resignation as a director of the company, effective June 13, 2025. Dr. Malaihollo has resigned to focus on other business interests.

Dr. Malaihollo was first elected at the company's annual general meeting in September, 2016. The board of directors would like to sincerely thank Dr. Malaihollo for his contributions to the company and wishes him continued success.

About Copper Lake Resources Ltd.

Copper Lake Resources is a publicly traded Canadian mineral exploration and development company with interests in two projects both located in Ontario.

The Marshall Lake high-grade VMS (volcanogenic massive sulphide) copper, zinc, silver and gold project comprises an area of approximately 220 square kilometres located 120 km north of Geraldton, Ont., and is just 22 km north of the main CNR rail line. Copper Lake has an 82.97-per-cent interest in the joint ventured property, which consists of 233 claims and 52 mining leases. The project also includes 148 claim cells staked in 2018 and 2020 that are 100 per cent owned and not subject to any royalties. These newer claims add approximately 30 square km to the property.

In addition to the original Marshall Lake property above, Marshall Lake also includes the Sollas Lake and Summit Lake properties, which are 100 per cent owned by the company and are not subject to any royalties. The Sollas Lake property consists of 20 claim cells comprising an area of four square km on the east side of the Marshall Lake property where historical EM airborne geophysical surveys have outlined strong conductors on the property hosted within the same favourable felsic volcanic units. The Summit Lake property currently consists of 100 claim cells comprising an area of 20.5 square km, is accessible year-round and is located immediately west of the original Marshall Lake property. The Marshall Lake project is located in the traditional territories of Aroland and Animbiigoo Zaagi'igan Anishinaabek (AZA) First Nations.

Copper Lake has a 69.79-per-cent joint venture interest in the Norton Lake nickel, copper, cobalt and palladium PGM (platinum group metals) property, located in the southern Ring of Fire area, is approximately 100 km north of the Marshall Lake property. The company filed an updated National Instrument 43-101 in October, 2023, with a mineral resource of open pit and underground measured plus indicated resources of 1,795,000 tonnes at an average grade of 0.72 per cent NI, 0.69 per cent Cu, 339 ppm (parts per million) Co (cobalt), 0.52 g/t Pd (palladium), 0.17 g/t Pt (platinum) and containing 28.3 Mlb (million pounds) of nickel and 27.3 Mlb of copper. The Norton Lake property is located in the traditional territories of Eabametoong (Fort Hope) and Neskantaga First Nations.