Mr. Mario Pezzente reports

GERMANIUM MINING CORP. ANNOUNCES EXPLORATION PROGRAM AS DEMAND FOR CRITICAL METALS ACCELERATES

Germanium Mining Corp. has planned a new exploration program as global demand for germanium and other critical metals continues to accelerate.

Recent developments underscore germanium's growing strategic importance. The U.S. Department of Defense has initiated a $1-billion program to stockpile critical minerals, including germanium, to reduce reliance on Chinese supply chains, while on Oct. 13, 2025, JPMorgan Chase & Co. announced a $1 .5-trillion 10-year initiative to finance industries essential to national security, such as critical metals, semiconductors and advanced manufacturing.

These actions mark a significant shift toward securing North American sources of key materials like germanium, an element vital to semiconductors, fibre optics, infrared imaging and clean energy technologies. For Germanium Mining, this policy and investment momentum provides strong tailwinds, reinforcing the company's strategic vision to advance its exploration portfolio and establish itself as a leading Canadian participant in the rapidly expanding critical minerals sector.

The property

Germanium Mining's Lac du Km 35 germanium property is approximately 40 kilometres east of the mining town of Chibougamau in the Nord-du-Quebec region of Quebec and offers excellent access via Highway 167 and a main logging road that crosses the property.

The property comprises the prominent Faribault shear zone (FSZ), oriented east-southeast and located toward the eastern part of the property. The FSZ dips to the south-southwest and ends to the Grenville Front, which extends southwest-northeast for several hundreds of kilometres. The FSZ is a key structural feature that may connect with other permeable zones at depth, acting as a preferential conduit for hydrothermal fluids.

Discovered by government geologists in 1998 and never followed up, the Laganiere germanium showing consists of a peridotite outcrop within the Laganiere gneissic complex that comprises amphibolites and hornblende and biotite gneisses. The Laganiere showing returned a value of 0.02 per cent (186 parts per million) germanium and is currently the highest germanium value ever reported from an outcrop in the province of Quebec.

The Laganiere germanium showing lies beside the main lumber road and immediately adjacent to the south to a cluster of electromagnetic anomalies of roughly 400 metres by 400 metres in size that were never tested. The Laganiere germanium showing is also 450 m northeast of the FSZ, 800 m from the southern margin of the Duberger felsic pluton and approximately two km to the west of the Grenville Front. The area between the FSZ and the Laganiere germanium showing, including the never tested cluster of electromagnetic anomalies, will be the main focus of GMC.

Work program

To fully unfold its germanium potential, the property will be covered by a highly sensitive magnetic and electromagnetic airborne survey due to the possibility that germanium could be associated to often lower conductivity silver-zinc mineralization.

This survey will also aim to identify possible additional shear zones and electromagnetic anomalies. Moreover, a remote sensing study encompassing the whole property will be undertaken for confirming existing and possible newly outlined magnetic features. The remote sensing study will also provide a general structural framework in relation to nearby intrusions and the Grenville Front. It is expected that both airborne survey and remote sensing study could be completed early in 2026.

A detailed and comprehensive rock sampling and assaying program would follow in the upcoming summer of 2026. Most, if not all features of interest such as shear zones, magnetic and electromagnetic anomalies, will be verified on the field as early as possible. The immediate area of the Laganiere showing will be prospected thoroughly. Assay results would allow Germanium Mining to deliver diamond drill targets that could be tested in the fall of 2026.

About germanium

Germanium is a hard, greyish and brittle metalloid. Germanium has many growing applications in electronics and solar, in fibre optics, and infrared optics for civil and military uses. Germanium is in the list of critical metals in Canada, the United States and the European Union.

Since Dec. 3, 2024, China, the largest producer of refined germanium, has banned germanium exports to the United States. Germanium is not an openly traded commodity and recent spot prices have germanium over $5,000 (U.S.) per kilogram.

The company cautions that the geological information provided in this news release is of historical nature and mineralization may not be representative of mineralization on the Lac du Km 35 property.

Benoit Moreau, PEng, a qualified person as defined by National Instrument 43-101, and vice-president of exploration for Germanium Mining, is responsible for the technical information contained in this news release.

Stock options

The company further announces the grant of stock options pursuant to the company's stock option plan to directors, officers and consultants of the company to purchase up to an aggregate of 800,000 common shares at an exercise price of $1.00 per common share. Five hundred thousand common shares issuable upon the exercise of the options granted to directors, officers and consultants will not be subject to a customary hold period, as permitted by prospectus exemption 2.24 of National Instrument 45-106 in regard to the issuance of the options and remain subject to Canadian Securities Exchange approval and will have a six-month term. The balance of 300,000 common shares issuable upon the exercise of the options granted to directors, officers and consultants will be subject to a hold period of four months and one day commencing on the date of option grant and will have a 12-month term.

About Germanium Mining Corp.

Germanium Mining is a publicly traded exploration company focused on the development of highly prospective, discovery-stage mineral properties located in Canada.

We seek Safe Harbor.