Mr. Mark Trevisiol reports

MCFARLANE LAKE MINING LIMITED TO INITIATE ENVIRONMENTAL BASELINE WORK ON ITS HIGH LAKE PROPERTY

McFarlane Lake Mining Ltd. has initiated environmental baseline studies on its High Lake property to support future permitting efforts.

"The environmental studies at High Lake are an important step in advancing this high-potential gold prospect," said Roger Emdin, chief operating officer of McFarlane Lake. "They will help us secure the permits required for future development while also ensuring we establish best practices in environmental stewardship. We look forward to completing this significant milestone."

The environmental studies will begin with a surface and groundwater sampling program and a species-at-risk study, followed by preliminary geochemical characterization work in the new year to determine metals processing impact potential. EAG Inc., a Sudbury-based environmental consultancy, will lead the studies and the design of related technical analysis. EAG staff has over 35 years of experience and has worked with several major and junior mining companies on permitting, regulatory and environmental management projects.

In July, 2023, McFarlane Lake filed a National Instrument 43-101 compliant technical report that identified 96,200 inferred ounces and 45,800 indicated ounces of gold at a grade of 10.43 grams per tonne of gold and 9.38 grams per tonne of gold, respectively, in the Purdex zone on the High Lake property.

Qualified person

The technical contents of this news release have been reviewed and approved by Robert Kusins, vice-president of geology of McFarlane. Mr. Kusins is a qualified person, as defined by NI 43-101. However, Mr. Kusins is not independent of the company by virtue of his position.

About McFarlane Lake Mining Ltd.

McFarlane Lake is a mineral exploration company focused on the exploration and development of the High Lake mineral property located immediately east of the Ontario-Manitoba border and the West Hawk Lake mineral property located immediately west of the Ontario-Manitoba border. In addition, McFarlane holds the McMillan and Mongowin mineral property located 70 kilometres west of Sudbury and owns the Michaud/Munro mineral property 115 km east of Timmins. McFarlane is a reporting issuer under applicable securities legislation in the provinces of Ontario, British Columbia and Alberta.

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