Mr. Pascal Hamelin of Abcourt reports

ABCOURT OBTAINS NECESSARY AUTHORIZATIONS TO COMMENCE DRILLING ON THE MALARTIC PROPERTY, HELD IN JOINT VENTURE WITH DPM METALS

Abcourt Mines Inc. has been granted autorisation de travaux a impact (ATI) by the Ministry of Natural Resources. This key regulatory milestone allows for the imminent commencement of drilling on the Malartic property, held in a joint venture with DPM Metals Inc., which will act as operator of the project.

Highlights:

• Imminent start of the drilling program at the Malartic JV project: first major exploration phase involving 6,000 metres of drilling strategically distributed throughout the site;
• Capital preservation: campaign finance shared on a pro rata basis (51 per cent DPM Metals/49 per cent Abcourt). Abcourt's investment allows it to maintain its 49-per-cent stake and avoid any dilution for shareholders;
• High-potential objectives: drilling to prioritize three key prospects to follow up on past results and assess their potential: Malrobic and ASPI shear-zone related gold targets, and Bousquet formation gold-polymetallic VMS target.

Strategic neighbourhood: The property is directly bordered on both sides by claims of Agnico Eagle, which is actively developing the Marban project.

Geological potential and historical results of the Malartic JV project

The first phase of the 2026-2027 drilling campaign aims to follow up on high-grade gold intersects identified during previous exploration programs, between the Parfouru and Dumagami shear zones within the competent formations of the Blake River Group. Targets include:

• The ASPI prospect, where MLDD015 hole drilled in 2019 intersected 4.2 grams per tonne (g/t) gold (Au) over 6.8 metres, including a high-grade section of 12.7 g/t Au over two metres, hosted in mafic volcanics and graphitic shale contact;
• The Malrobic target area, where MLDD016 hole previously intersected 1.3 g/t Au over 15 metres in mafic volcaniclastics, including 27.9 g/t Au over 0.6 metre.

Beyond its gold potential, the Malartic property offers a discovery opportunity for gold-rich polymetallic volcanogenic massive sulphide (VMS) mineralization. The terrain is crossed by the Bousquet formation, considered a fertile geological unit that hosts the world-class VMS deposits at the Bousquet-La Ronde mining camp.

Holes MLDD05 and MLDD06, drilled during previous campaigns in this area, intersected altered bimodal intermediate-felsic volcanic units, including rhyolites with FII- and FIII1-type geochemical fertility signature over thicknesses of more than 50 metres. As geological and stratigraphic knowledge of the area remains limited, new holes are planned in the Bousquet formation to properly assess its potential to contain volcanogenic massive sulphide mineralization footprint.

This drilling campaign will be co-financed by DPM Metals, which holds a 51-per-cent interest in the Malartic property. Abcourt Mines will contribute to the 49-per-cent pro rata financing in the joint venture, in order to maintain its interest and avoid dilution. The Malartic property is bordered on both sides by Agnico Eagle, which is actively developing the Marban project. Abcourt Mines' participation in this work is part of its growth strategy, focused on maximizing the value of its property portfolio.

About DPM Metals Inc. (formerly known as Dundee Precious Metals Inc.)

DPM Metals is a Canadian-based international precious metals mining company with operations and projects located in Bulgaria, Bosnia and Herzegovina, Serbia, and Ecuador. DPM is the 51-per-cent owner and operator of the Malartic joint venture.

Recognized for its operational discipline, fully financed growth and development pipeline, and significant record of exploration success, including four significant new discoveries since 2023, the company will leverage its proven technical capabilities and high environmental and social standards to realize the discovery potential of the project. DPM's head office is located in Toronto, Canada.

Pascal Hamelin, president and chief executive officer, commented: "The drilling work that will begin at the Malartic JV project confirms the quality of our property portfolio and we are proud to participate with our partner DPM Metals in this first phase of drilling work. The Malartic JV project was one of the properties acquired by Abcourt Mines when it merged with Pershimex Resources Corp."

Qualified person

Robert Gagnon, PGeo, vice-president of exploration of the company, has verified and approved the technical information contained in this news release.

About Abcourt Mines Inc.

Abcourt Mines is a Canadian development company with properties strategically located in northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mine and mill, where it focuses its development activities.

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