Mr. Mario Pezzente reports

GERMANIUM MINING CORP. BEGINS GROUND ELECTROMAGNETIC SURVEY AT ITS 100% OWNED LAC DU KM 35 GERMANIUM PROPERTY IN QUEBEC

Germanium Mining Corp. has commenced a time-domain electromagnetic (TDEM) survey has commenced at its 100-per-cent-owned Lac du Km 35 germanium property that was recently and strategically expanded. The TDEM survey consists of an area covering 1,400 metres by 1,400 metres, encompassing the cluster of historical input anomalies and the Laganiere showing. North-south cut lines, spaced at every 100 metres, will allow optimal operations on the field. Germanium Mining aims at confirming and outlining existing and new conductors that may indicate the presence of potential germanium-silver and zinc mineralization.

Mario Pezzente, chief executive officer, commented: "We have strategically expanded our 100-per-cent-owned Lac du Km 35 germanium property ahead of the active 2026 exploration season to allow for potential additional discoveries contiguous to the north of the Laganiere showing that hosts the highest-grade germanium sample in the province of Quebec at 186 ppm. We are excited to commence this TDEM survey with a goal of outlining new conductors in the vicinity of the Laganiere germanium showing on this highly prospective critical metal project. Germanium Mining Corp. is focused on unlocking strategic resources in stable jurisdictions, to potentially contribute to a more secure and resilient North American supply chain."

Exploration program

Upcoming 2026 exploration will include a highly sensitive magnetic airborne survey to potentially identify germanium that could be associated with lower conductivity silver-zinc mineralization.

These surveys will aim to identify possible additional shear zones and electromagnetic anomalies for the upcoming sampling and assaying program. Most, if not all features of interest such as shear zones, magnetic and electromagnetic anomalies, will be soon verified on the field, early in the planned 2026 exploration program. The immediate area of the Laganiere showing will be further explored and sampled and assayed allowing Germanium Mining to deliver diamond drill targets that could be tested in the fall of 2026.

The first phase of diamond drilling will be directed to reach the discovery hole stage. The campaign is planned to consist of six to 10 holes for a total of approximately 2,500 metres that is planned to be drilled early in late 2026 or early 2027.

The exact drilling length will be dictated by the depth of the electromagnetic anomalies that will be accurately outlined by the new survey and backed up by outcrop mapping and sampling. The outcrop mapping will provide valuable insights into what direction and dip that germanium mineralization may extend.

Current sample results returned approximately 0.02 per cent (186 ppm (parts per million)) germanium at the Laganiere showing, currently the highest-grade germanium sample in the province of Quebec to date.

Anticipated 2026 to 2027 exploration timetable

June, 2026 -- airborne survey results, including interpretation

July/August, 2026 -- outcrop mapping and sampling program

September/October, 2026 -- outcrop sampling assay results

October/December, 2026 -- drill permitting

January, 2027 -- diamond drilling program

Diamond drilling assay results anticipated

Lac du Km 35 property

The 100-per-cent-owned Lac du Km 35 germanium property is approximately 40 km 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 intersects 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 ppm) 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 m by 400 m 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 kilometres 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.

In further news, the company is not proceeding with the acquisition of the Azure Ridge project located in Nevada.

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.

Qualified person

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

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 some of Canada's top mining jurisdictions.

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