Mr. Darien Lattanzi reports

NEW AURORA METALS CORP. TO COMMENCE IP SURVEY AT URBAN BARRY PROPERTY

New Aurora Metals Corp.'s 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 Oct. 17, 2026.

As set forth in the company's prospectus dated July 9, 2026, the company's first phase exploration program was intended to be a small 500-metre (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 21 line kilometres (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 (very-low-frequency electromagnetic) 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, PGeo, 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 Quebec region, 220 km northeast of the largest regional city, Val d'Or, 100 km west of the small town of Lebel-sur-Quevillon and 80 km south of the small town of Chapais, consisting of 20 map-designated claims.

We seek Safe Harbor.