Mr. Mark Ireton reports

MEDARO MINING ANNOUNCES EXPLORATION PROGRAM AT CLAY HOWELLS WEST PROJECT IN ONTARIO

Medaro Mining Corp. has planned phase 1 of an exploration program at the company's Clay Howells West rare-earth element (REE) project in Northern Ontario.

The phase 1 program is designed to support target generation and prioritization through compilation of historical and regional data sets and initial field-based exploration. The company expects desktop work to commence in April, 2026, with ground exploration activities targeted to begin in May, 2026, subject to weather conditions, logistics and contractor availability,

Exploration program -- phase 1 scope of work

The planned phase 1 program is intended to advance the company's geological understanding of the project through systematic target generation, field prospecting and sampling. Based on the current proposal, the program is expected to include:

• A desktop study involving compilation and interpretation of historical and regional data sets, including geological maps and reports, historical exploration data, magnetic, radiometric and gravity data sets, and assessment files;
• A ground-based radiometric survey using a portable gamma spectrometer to measure total counts, potassium, uranium and thorium, together with ratio analysis;
• Reconnaissance-level geological mapping and prospecting focused on lithological contacts, structural features, alteration zones and radiometric anomaly areas;
• A targeted rock sampling program, including grab samples and, where exposure permits, selective channel samples, with planned multielement analysis including REEs;
• A soil geochemical survey targeting accessible areas and follow-up grids, designed to identify geochemical anomalies;
• Integration and interpretation of geological, radiometric and geochemical data to produce anomaly maps and ranked exploration targets.

The company's objective for phase 1 is to generate geological observations and analytical data to support target definition and prioritization for possible future work programs. Deliverables contemplated under the current work plan include target generation maps and priority ranking of exploration areas within the project.

The current proposal contemplates approximately 50 to 100 rock samples and approximately 100 to 200 soil samples during phase 1, with a standard quality assurance/quality control program including certified reference materials or blanks, field duplicates, chain of custody procedures, and analysis at accredited laboratories

Clay Howells West project -- background and opportunity

The Clay Howells West project is located in Northern Ontario, approximately 50 kilometres north-northeast of Kapuskasing, within the Clay-Howells alkalic intrusive/carbonatite complex. The project is situated in an area characterized by syenites, carbonatites, massive magnetites, fault-altered breccias and syenite breccias. The historical regional data sets indicate magnetic and radiometric anomalies in the broader complex is associated with magnetic and radiogenic anomalies. Historical exploration in the area dates back to the 1950s and was largely focused on magnetic anomalies and nearby occurrences.

Mark Ireton, chief executive officer and director of Medaro, commented: "The planned phase 1 program at Clay Howells West is intended to advance the company's understanding of the project through a systematic and disciplined exploration approach. By integrating historical compilation work with targeted field activities, Medaro aims to identify and prioritize areas for potential follow-up exploration."

The company cautions that the project is at an early stage of exploration. Any references to nearby deposits, historical exploration, regional geology or adjacent mineralization are provided for geological context only and are not necessarily indicative of the mineralization on the project. Medaro has not verified all historical information referenced in connection with the project, and such information should not be relied upon.

Qualified person

Afzaal Pirzada, PGeo, a consultant of the company and qualified person for the purposes of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About Medaro Mining Corp.

Medaro is a mineral exploration company focused on the acquisition and advancement of high-quality mineral projects in Ontario, Quebec and Sweden. The company's strategy is to build shareholder value through systematic exploration, disciplined project evaluation and responsible development.

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