Mr. Estanislao Auriemma reports

FREDONIA MINING INC. COMMENCES 10,000 METRE DRILL PROGRAM AT EL DORADO-MONSERRAT PROJECT

Fredonia Mining Inc. has commenced a 10,000-metre diamond drill program at its flagship El Dorado-Monserrat (EDM) gold project in the Deseado massif in Santa Cruz province, Argentina. The program marks an important step in advancing the company's systematic exploration strategy focused on expanding and upgrading the existing mineral resource at EDM.

The program builds on the company's existing mineral resource estimate of approximately 2.25 million ounces of gold equivalent in the measured and indicated mineral resource categories (see Table 1 below).

The drilling campaign is designed to test high-priority targets across the broader EDM mineral system, with a focus on extending known zones of mineralization that remain open in multiple directions and increasing geological confidence within selected portions of the current resource through targeted infill drilling. The program will also evaluate newly identified exploration targets that demonstrate strong potential for additional gold-silver mineralization within the wider project area, with the objective of both expanding the overall resource base and enhancing its confidence ahead of continuing development studies.

The EDM project hosts a large-scale epithermal gold-silver system within the highly prospective Deseado massif, a globally recognized metallogenic belt that contains multiple identified significant precious metals deposits. Fredonia believes the EDM system represents considerable potential for further resource growth, with mineralization remaining open along strike and at depth.

"Momentum is clearly building at El Dorado-Monserrat as we continue to advance both our technical understanding of the deposit and the systematic development of the project," said Estanislao Auriemma, chief executive officer. "The commencement of this drill program, alongside ongoing progress toward a preliminary economic assessment, reflects a disciplined and co-ordinated strategy aimed at unlocking the full-scale potential of EDM. We believe we are only beginning to scratch the surface of what this system can deliver, and this program is designed to help define the true scale of the opportunity."

The commencement of this drill program reflects Fredonia's continued commitment to advancing EDM through disciplined, discovery-driven exploration aimed at unlocking the full-scale potential of the district. The company is focused on systematically expanding the known mineral system and delivering new insights that support the long-term development of the project.

Fredonia will provide updates as drilling progresses and as results become available.

Dr. Mario Alfaro Cortes, PGeo, is a qualified person as defined by National Instrument 43-101. Dr. Alfaro is independent of the company, visited the property, and has read and approved the technical contents of this release.

About Fredonia Mining Inc.

Fredonia holds gold and silver licence areas totalling approximately 18,300 hectares in the prolific Deseado massif geological region in the province of Santa Cruz, Argentina, including its flagship advanced EDM project (approximately 6,200 hectares) located close to AngloGold Ashanti's approximately 200,000-ounce-per-year gold-silver Cerro Vanguardia mine, the El Aguila project (approximately 9,100 hectares) and the Petrificados project (approximately 3,000 hectares).

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