Mr. Murray Nye reports

NORTH AMERICAN NIOBIUM AND CRITICAL MINERALS CORP. PLANS HIGH-RESOLUTION MAGNETIC DRONE SURVEY AT BARDY AND BLANCHETTE PROPERTIES, QUEBEC

North American Niobium and Critical Minerals Corp. is planning a high-resolution magnetic drone (unmanned aerial vehicle) survey over priority target areas on its 100-per-cent-owned Bardy and Blanchette properties, located approximately 40 kilometres northwest of the municipality of La Tuque, Que. The planned survey is intended to support the company's exploration strategy focused on identifying and delineating prospective granitic pegmatites associated with rare earth elements (REEs) and niobium mineralization.

Highlights:

• Terrascope Inc. selected to conduct a high-resolution UAV magnetic survey over priority REE-Nb prospect areas on the Bardy and Blanchette properties;
• Planned survey to comprise approximately 191 line kilometres at 50-metre line spacing, centred on priority REE-Nb prospecting areas;
• Nominal flight altitude of approximately 20 to 30 metres above ground level (AGL), using a Scintrex Cs-VL cesium vapour magnetometer;
• Objective is to help define structural and lithological trends and potential extensions associated with prospective REE-Nb-bearing granitic pegmatites and to refine follow-up targets;
• Program follows the company's previously reported positive grab sample results (see news release dated Jan. 15, 2026) and other targeting work completed to date (including RadonEx).

Planned UAV magnetic survey overview

The planned UAV magnetic survey is designed to generate detailed magnetic data over the highest-priority REE-Nb prospect areas on the properties. The survey is planned on 50-metre-spaced flight lines for a total of approximately 191 line kilometres, at a nominal altitude of 20 to 30 metres AGL, using a Scintrex Cs-VL magnetometer.

The company believes high-resolution magnetics are well suited to the Bardy and Blanchette target areas because field observations indicate prospective granitic pegmatites on the prospects crosscut magnetic mafic intrusions and gneisses, which may provide a favourable magnetic contrast for interpreting lithological contacts, structural features and offsets. The resulting magnetic data are expected to assist in refining the interpreted continuity and geometry of prospective trends and in focusing follow-up work.

Exploration rationale and next steps

The Bardy and Blanchette properties host areas of interest where the company has recently completed prospecting and reported positive grab sample results (news release dated Jan. 15, 2026). Grab samples are selective by nature and may not be representative of underlying mineralization. The company believes the results support additional, systematic follow-up targeting.

Upon completion, the company expects to integrate the magnetic data with existing geological observations and prior exploration information to refine priority areas for follow-up mapping and sampling. The company also anticipates that near-term interpretation of the magnetic data may help optimize and adjust elements of its coming soil-gas radon survey and backpack drilling program, as outlined in the company's news release dated Jan. 22, 2026, as results are received and targets are refined.

"Planning this high-resolution UAV magnetic survey is an important step in executing the exploration strategy we've outlined for Bardy and Blanchette," said Murray Nye, chief executive officer of North American Niobium. "By collecting detailed magnetic data over our highest-priority REE-Nb prospect areas, we aim to better understand the potential extent of the system and focus our next stage of work on the most compelling targets."

About North American Niobium and Critical Minerals Corp.

North American Niobium and Critical Minerals is a North American mineral exploration company focused on the acquisition and development of precious, base and critical mineral assets. Its portfolio includes the Silver Lake property in British Columbia's Omineca mining division and a recently acquired land package in Quebec's Grenville province. The Quebec properties add exposure to REE, niobium and nickel-copper occurrences, expanding the company's footprint into critical minerals that are strategically important for energy and defence applications.

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