Mr. Estanislao Auriemma reports

FREDONIA MINING INC. SECURES STRATEGIC JUDITE PROPERTY

Fredonia Mining Inc. has secured the Judite property, a strategic gold and silver exploration licence comprising 4,913 hectares in the Deseado Massif in Santa Cruz province, Argentina.

Judite is contiguous with the company's flagship El Dorado-Monserrat (EDM) project, which covers approximately 6,400 hectares, expanding Fredonia's consolidated district footprint to over 11,000 hectares. Importantly, Judite lies immediately adjacent to the western boundary of the Cerro Vanguardia mining area, positioning Fredonia as a direct neighbour to one of Argentina's most significant gold-silver operations.

In addition to EDM and Judite, Fredonia also controls a broader land package to the south, including the Saturno area with about 10,500 hectares. Together, these holdings expand the company's consolidated district land position to approximately 21,800 hectares.

Strategic significance

The addition of Judite materially improves Fredonia's land position in the district. The property occupies the ground between EDM and Cerro Vanguardia and provides Fredonia with control over and direct exposure to a broader structural corridor within one of the most prolific precious metals belts in Argentina.

The Judite property became available for the company to acquire after the rights lapsed in the hands of the prior rightsholder and the administrative authority released the property into a competitive bidding process. The company believes its bid was selected in the competitive process due to its ability to mobilize quickly and demonstrate technical expertise and capability. To acquire the property, Fredonia also settled outstanding concession fees of approximately $25,000 (U.S.).

Technical rationale

Historical technical work completed by ACA Howe identified several geological features supporting the exploration potential of Judite, including:

• Major quartz veining interpreted to extend from the adjacent El Dorado licence into the southwestern corner of Judite;
• Northwest-trending structures and windows of favourable Chon Aike formation rocks exposed beneath postmineral basalt cover;
• Historical reconnaissance sampling on Judite returning anomalous gold in two of 10 samples, with elevated silver, arsenic, barium and mercury values reported across the sample set;
• Structural features interpreted from satellite imagery and regional aeromagnetic data, including trends considered prospective for low-sulphidation epithermal gold-silver mineralization.

While Judite remains underexplored, the company believes the combination of favourable host rocks, structural continuity, historical geochemical anomalism and direct adjacency to Cerro Vanguardia provides a compelling basis for systematic follow-up exploration.

Judite represents an early-stage exploration opportunity with meaningful district-scale upside. The property has not been systematically explored using modern methods, and no mineral resource has been defined. However, its position along the interpreted structural trend between EDM and Cerro Vanguardia, together with historical quartz veining, favourable volcanic host rocks and epithermal pathfinder geochemistry, supports Fredonia's view that Judite warrants immediate field validation and integration into the company's broader EDM exploration model.

Saturno hosts prospective exploration lithologies and a geological setting that points to structures comparable with neighbouring districts, with potential for gold-silver mineralization in both vein and disseminated styles. The properties are located approximately 10 kilometres west of Cerro Vanguardia and south of the EDM district.

"Securing Judite is a meaningful step for Fredonia. It expands our EDM district footprint to more than 21,800 hectares and, importantly, places us directly adjacent to Cerro Vanguardia," commented Estanislao Auriemma, chief executive officer. "From a technical perspective, Judite is not just additional ground. Historical work indicates quartz veining, favourable structures, anomalous epithermal pathfinder elements and potential continuity from El Dorado into Judite. We believe this gives Fredonia a stronger district-scale platform as we advance exploration at EDM."

Fernando Ganem, PGeo, is a qualified person as defined by National Instrument 43-101. Mr. Ganem 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 over 43,000 hectares in the prolific Deseado Massif geological region in the province of Santa Cruz, Argentina, including its flagship advanced EDM project (approximately 6,400 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 Hornia project (approximately 21,500 hectares).

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