Mr. John Florek reports

MACLAREN MINERALS ACQUIRES SANKAMAP PROPERTIES IN THE SOLOMON ISLANDS

Further to the news release dated Feb. 6, 2025, Maclaren Minerals Ltd. has completed the acquisition of a 100-per-cent interest in Sankamap Exploration Inc. The Sankamap properties include the Fauro gold project and the Kuma copper-gold project, both located in the Solomon Islands along the same trend as significant Cu-Au porphyry and epithermal deposits, including Newmont's Lihir mine (71.9 million ounces Au) and the Panguna mine (19.3 million ounces Au plus 5.3 million tonnes Cu).

The 4,300-hectare Kuma project is situated 37 kilometres southeast of Honiara, the capital city of Guadalcanal Island, Solomon Islands. Historical exploration at Kuma has identified large-scale Cu-Au mineralization and promising indicators of a potential porphyry deposit, which remains untested by drilling. The 14,700-hectare Fauro project is located on Fauro Island in northern Solomon Islands. Past exploration has defined epithermal-type mineralization, with trenching results of up to eight metres of 27.95 grams per tonne Au and drilling intercepts of up to 11 metres of 4.03 g/t Au.

New Maclaren chief executive officer John Florek commented: "This acquisition presents a unique opportunity to capitalize on two projects within an underexplored trend in the circum-Pacific region, renowned for its potential for giant Cu-Au mines. This trend hosts world-class porphyry and epithermal Cu-Au deposits, with Lihir and Panguna located along the same structural corridor. Lihir, in particular, is considered the world's richest gold deposit, with an estimated 71.9 million ounces of gold. We are excited to explore both of these project areas."

The acquisition was completed by way of the acquisition of all the outstanding equity interests of Sankamap, a private arm's-length B.C. company which holds the interest in the Sankamap properties. Pursuant to the definitive agreement dated Feb. 6, 2025, the company issued 16,625,000 common shares in the capital of the company to the shareholders of Sankamap in exchange for all the issued and outstanding common shares of Sankamap at a deemed price of six cents per consideration share for total deemed consideration of $997,500. The acquisition is an arm's-length transaction. No finder's fee was paid in connection with the acquisition. The consideration shares are subject to a hold period pursuant to the Canadian Securities Exchange whereby the consideration shares may not be traded before the later of: (a) June 20, 2025; and (b) the date that is 10 days after the company files a business acquisition report on Form 51-102F4 in connection with the acquisition.

Upon closing of the acquisition, John Florek, chief executive officer of Sankamap, was appointed CEO of the company, replacing incumbent CEO Gary Musil, and John Alcock and Jim Greig were appointed to the company's board of directors, replacing James Place and Dianne Szigety, and joining incumbent directors Gary Musil and Nancy Kawazoe. Upon closing, the company's audit committee is composed of Mr. Musil, Mr. Alcock and Mr. Greig.

National Instrument 43-101 disclosure

John Florek, MSc, PGeol, is a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Mr. Florek has reviewed and approved the technical content in this release. Mineralization on the Lihir and Panguna properties is not necessarily indicative of the mineralization on the Sankamap properties. The qualified person has been unable to verify the information.

About Maclaren Minerals Ltd.

Maclaren is a Canadian mineral exploration company focusing on the discovery and development of high-grade copper and gold deposits in the south Pacific. The fully permitted assets of Sankamap are strategically located in the Solomon Islands along trend of major Cu-Au deposits, including Newmont's Lihir mine of 71.9 million oz Au.

With a commitment to responsible exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value.

We seek Safe Harbor.