Mr. Mark Trevisiol reports

MCFARLANE LAKE ANNOUNCES APPOINTMENT OF NEW DIRECTOR

McFarlane Lake Mining Ltd. has appointed Steve Kaszas as a new member of McFarlane Lake's board of directors.

With over four decades of experience in the financial services industry, Mr. Kaszas has built a distinguished career characterized by strategic leadership, client-focused investment management and a deep commitment to community engagement.

Mr. Kaszas began his career at Burns Fry in 1983 and quickly rose to become a shareholder in 1984. As a senior leader with The Altberg Kaszas Group at BMO Nesbitt Burns, he has leveraged his expertise and global network to deliver insightful investment strategies and superior client service. His success is rooted in his ability to establish and maintain a sophisticated client base while integrating insights from a broad spectrum of international financial resources.

Beyond his professional accomplishments, Mr. Kaszas is a dedicated community advocate and a recipient of the Queen Elizabeth II Golden Jubilee Medal (2003) in recognition of his significant contributions to Canada and the broader community. His leadership extends beyond the financial sector, as he actively engages in governance roles that benefit from his strategic acumen and commitment to excellence.

"We are delighted to have Steve join our board of directors," said Mark Trevisiol president, chief executive officer and chairman of McFarlane Lake. "Steve is an accomplished business leader, his experience and sterling achievements on Bay Street are commendable. We welcome his guidance to our board as we look to broaden our shareholder base and continue to develop and market our flagship property, the Juby gold project."

About McFarlane Lake Mining Ltd.

McFarlane Lake Mining is a Canadian gold exploration company focused on advancing its flagship Juby gold project, located near Gowganda, Ont., within the established Abitibi greenstone belt.

Qualified person

The scientific and technical information disclosed in this news release was reviewed and approved by Mr. Trevisiol, PEng, an officer of McFarlane and a qualified person under National Instrument 43-101.

Wildeboer Dellelce LLP is acting as legal counsel for McFarlane.

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