Mr. Scott Walters reports

MAXUS MINING EXPANDS HURLEY WEST ANTIMONY PROJECT TO COVER HISTORIC STIBNITE PROSPECT WITH HISTORICAL RESULTS UP TO 16.9% SB

Maxus Mining Inc. has expanded the Hurley West block of its Hurley antimony project in British Columbia, Canada, through low-cost map staking of an additional 572 hectares, situated approximately 10 kilometres (km) from the historic Bralorne-Pioneer mining camp in the Bridge River mining district.

The newly acquired claims expand the company's land position at Hurley West and cover the historic Stibnite (Lost Gold/Oro) prospect, an antimony-gold-silver-copper occurrence located approximately 3.7 kilometres west-northwest of Bralorne, B.C. Historical exploration at the Stibnite prospect has identified multiple stibnite-bearing quartz-calcite veins with reported historical grab samples returning values of up to 16.9 per cent antimony, as well as 12.0 grams per tonne (g/t) gold and 97.4 g/t silver.

Scott Walters, chief executive officer of Maxus Mining, commented: "The expansion of the Hurley West block represents an important addition to our land position in the historic Bridge River mining district. By acquiring the ground covering the Stibnite prospect, we have added a historically explored antimony-gold target with grade that is contiguous with the Hurley project. Historical work has identified multiple stibnite-bearing veins and returned significant antimony, gold and silver values, providing us with a strong foundation for further compilation and evaluation of the expanded property."

Hurley antimony project

The Hurley antimony project now encompasses approximately 5,004 hectares and consists of two claim blocks, the Hurley East and Hurley West blocks. The project is situated approximately seven kilometres southeast of the village of Gold Bridge and approximately 10 kilometres east of the historic Bralorne-Pioneer gold mining camp, which has produced over four million ounces of gold.

The project covers a prospective geological setting containing numerous historic gold and antimony occurrences. The Hurley East block is located immediately south of the historic Mary Mac gold-antimony prospect and in proximity to Endurance Gold Corp.'s Reliance gold project, where drilling has identified gold-antimony mineralization. Historical exploration within the Hurley East block has also identified rock, soil and silt samples anomalous in antimony, gold and silver.

With the addition of the newly acquired claims, the Hurley West block now encompasses the historic Stibnite prospect, adding a documented antimony-gold-silver occurrence and an area with a significant history of exploration to the company's Hurley project.

Hurley West block

The Hurley West block is located within the historic Bridge River mining district of southwestern British Columbia. The newly acquired claims cover the Stibnite prospect, also historically referred to as the Lost Gold and Oro occurrence. The prospect is situated between Gwyneth Lake and the Hurley River, and is classified by the British Columbia Geological Survey as both a stibnite vein and dissemination and gold-quartz vein occurrence. Recorded commodities include antimony, gold, silver and copper.

The area surrounding the Stibnite prospect is underlain by Upper Triassic Hurley formation rocks of the Cadwallader Group, consisting of sedimentary rocks and volcanic aquagene breccia. These rocks are intruded by quartz diorite stocks and hornblende porphyry dikes of the Coast Plutonic complex.

Historical work at the Oro 3 claim identified three narrow quartz-calcite veins containing disseminated pyrite, chalcopyrite and stibnite within a quartz diorite stock near the contact with Hurley sedimentary and volcanic rocks. The veins were reported to average approximately 30 centimetres in width, strike north-northwest and dip steeply west. Historical grab samples from these veins returned values of 12.0 g/t gold (Au) and 97.4 g/t silver (Ag).

At the original stibnite showing on the Oro 2 claim, narrow shear-hosted veins were historically traced for approximately 60 metres, averaging approximately 25 centimetres in width and reportedly containing an average grade of 8.9 per cent antimony (Sb). Northeast of the original showing, two additional stibnite-quartz-calcite veins were identified within quartz diorite near a felsite dike. These veins were reported to average 7.5 per cent Sb over approximately 25 centimetres across a 15-metre strike length, with one historical grab sample returning 16.9 per cent Sb.

Extensive history of exploration

The newly acquired area has also been subject to multiple generations of historical exploration.

Exploration in the Gwyneth Lake area was documented as early as 1937, when Golden Mitt Mining Company Ltd. completed a shallow shaft, two short adits and surface trenching. In 1960, Hurley River Mines Ltd. completed geological mapping and eight diamond drill holes. Subsequent exploration included soil geochemistry, geological mapping, rock sampling, VLF-EM (very low frequency electromagnetic) and magnetic geophysical surveys, and additional trenching.

Work completed in 1986 identified four strong VLF-EM anomalies, while follow-up soil sampling identified gold-arsenic anomalies that were subsequently trenched and reportedly exposed two stibnite veins. Later airborne and ground geophysical programs continued to identify conductive anomalies within the area. More recent exploration in 2018 included rock and silt geochemical sampling, with one rock sample reported to have returned 2.11 g/t Au and 22.3 g/t Ag.

The company intends to incorporate the historical exploration information from the newly acquired claims into its ongoing geological compilation of the Hurley project to further evaluate the mineralization potential of the expanded Hurley West block and identify prospective antimony-gold targets for future exploration.

Community engagement

Maxus recognizes that meaningful engagement with first nations and local communities is an important component of responsible mineral exploration. The company remains committed to maintaining transparent communication, minimizing environmental disturbance and building respectful long-term relationships as exploration activities progress.

Qualified person statement

The scientific and technical information contained in this news release has been reviewed, verified and approved by Morgan Verge, PGeo, vice-president of exploration of the company and a qualified person as defined in National Instrument 43-101 , Standards of Disclosure for Mineral Projects. Ms. Verge has examined information regarding the historical exploration at the project, which includes a review of the historical sampling, analytical and procedures underlying the information and opinions contained herein.

Management cautions that historical results collected and reported by operators unrelated to Maxus have not been verified nor confirmed by its qualified person; however, the historical results create a scientific basis for ongoing work at the project. Management further cautions that historical results, discoveries and published resource estimates on adjacent or nearby mineral properties, whether in stated current resource estimates or historical resource estimates, are not necessarily indicative of the results that may be achieved on the project.

About Maxus Mining Inc.

Maxus Mining is a mineral exploration company focused on locating, acquiring and, if warranted, advancing economic mineral properties in premier jurisdictions. The company is actively progressing its diversified portfolio, totalling approximately 16,490 hectares of prospective terrain across British Columbia, Canada.

The portfolio includes 9,492 hectares across three antimony projects. The portfolio is anchored by the flagship Alturas antimony project, where a recent discovery returned high-grade naturally occurring antimony up to 69.98 per cent Sb, and includes the Hurley antimony project, located adjacent to Endurance Gold Corp.'s Reliance gold project, where 2024 drilling reported 19.2 per cent Sb and 2.16 g/t Au over 0.5 metre, and the Quarry Antimony Project, which hosts historical polymetallic samples grading 0.89 g/t Au, 3.8 per cent copper (Cu), 0.34 per cent zinc (Zn), 42.5 per cent lead (Pb), 0.65 g/t Ag and 20 per cent Sb.

Maxus' portfolio further includes the 3,875-hectare Lotto tungsten project, where a selected 1980 grab sample from a scheelite-bearing quartz vein assayed 10.97 per cent WO3, and the 3,123-hectare Penny copper project, which has over 100 years of recorded exploration. Recent work programs at Penny included rock sampling and geological mapping, with 2017 sampling returning copper values of 1,046 parts per million (ppm) Cu (TK17-149c), 1,808 ppm Cu (TK17-28) and 2,388 ppm Cu (TK17-12). The project is strategically located near the historic Sullivan mine in Kimberley, B.C., an area that continues to attract significant exploration activity.

Maxus Mining is committed to advancing its British Columbia projects through targeted exploration programs designed to unlock value across multiple critical mineral systems.

We seek Safe Harbor.