Vancouver, British Columbia--(Newsfile Corp. - October 14, 2026) - NEW AURORA METALS CORP. (CSE: NAME)  ("New Aurora" or "the Company") is pleased to announce that its first phase exploration program on the Urban Barry Property will now be a ground induced polarization ("IP") geophysical survey. The IP survey is anticipated to commence on October 17, 2026.

As set forth in the Company's prospectus dated July 9, 2026 (the "Prospectus"), the Company's first phase exploration program was intended to be a small 500 m diamond drill program. Due to challenging ground conditions and difficulties in securing a drilling contractor, the Company has elected to undertake an IP survey as an alternative exploration program at the Urban Barry Property.

The 2026 IP survey is expected to comprise of 21 line-km of surveying at an estimated cost of $210,000. The program is intended to extend and complete coverage from the 2025 IP survey and establish continuity with the 2021 IP survey on the property.

The survey will focus on further defining six conductors previously identified through a 2016 VLF-EM survey at the Urban Barry Property. The Company believes that the results of the IP survey may assist in refining and prioritizing exploration targets for future drill testing on the property.

The Company will evaluate the results of the survey upon completion and use the information obtained to determine the next phase of its exploration activities.

Qualified Person

Francis R. Newton, P. Geo., a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release. Mr. Newton is independent of the Company.

About New Aurora Metals Corp.

The Company is engaged in the acquisition and exploration of its Urban Barry Property, which is situated in Belmont Township, on Category III land in the Eeyou-Istchee Baie-James territory of the Nord du Québec region, 220 km northeast of the largest regional city, Val d'Or, 100 km west of the small town of Lebel-sur-Quévillon and 80 km south of the small town of Chapais, consisting of 20 map designated claims.

This news release includes certain statements that may be deemed "forward-looking statements", including statements respecting the services to be provided by the Company. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedarplus.ca.

Neither the Canadian Securities Exchange ("CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318835