Mr. David Christie reports

ORFORD DISCOVERS NUNAVIK'S FIRST LITHIUM-CESIUM-TANTALUM BEARING PEGMATITES

Orford Mining Corp. has released assay results from its recently completed exploration program on its Nunavik lithium properties, confirming the occurrence of lithium-cesium-tantalum (LCT)-bearing pegmatites. During this initial exploration program, a total of 1,534 field stations and 489 samples of pegmatite were collected across Orford's expanded and 100-per-cent-owned, 557 square kilometres of lithium properties in the prospective Cape Smith area of the Nunavik region in Northern Quebec. Results from the assays indicate the occurrence of LCT-bearing pegmatites on three properties: kWatt, Flare and Cathode (see the table entitled "Assay values for enriched LCT Pegmatites from grab samples compared to background and fertile granites"). The presence of these rare element pegmatites (LCT) on its Nunavik lithium properties are consistent with the last stages of the most fractioned granitic crystallizations where concentrations of critical metals such as lithium deposits may occur. The discovery of these dikes will help Orford vector its future exploration efforts.

David Christie, president and chief executive officer of Orford, commented: "The success of Orford's inaugural exploration program on its 100-per-cent-owned Nunavik lithium properties is a testament to our rigorous ground selection process and to our hardworking field teams. Discovering new LCT pegmatite fields in this totally unexplored region is a huge step forward, giving us a solid foundation upon which to build a 2024 program."

Highlights of the 2023 field season confirms greenfield lithium pegmatite vectors:

• Regional metamorphic grade: upper greenschist/lower amphibolite.
• Occurrence of peraluminous granite and leucogranite on Orford's lithium properties.
• Key minerals identified in pegmatite indicative of proximity to fertile parent granite:
  • Green muscovite (plus/minus garnet, tourmaline and fluorite).
• Assays indicate pegmatites are enriched in lithium, beryllium, tantalum, cesium and rubidium.
• LCT-bearing pegmatites on at least three properties (see the table entitled "Assay values for enriched LCT Pegmatites from grab samples compared to background and fertile granites") suggests high prospectivity for additional dikes.
• Opportunity to generate additional targets and provide geochemical vector toward mineralization (more fractionated LCTs) using till assay data (results outstanding).

Orford has leveraged its competitive advantage in the region based on multiyear local operational experience and logistical preparedness, which includes access to its centrally located camp, airstrip and fuel reserves. This has helped lead to the discovery of lithium-anomalous dike swarms on three of the Nunavik lithium properties. These dikes are up to 40 metres wide and can be traced for several kilometres. They contain variable green muscovite, tourmaline plus/minus garnet, beryllium and apatite and, based on this mineralogy, plot within the field of prospective pegmatites. All grab sample assays have been received, and enriched LCT pegmatites have been confirmed on kWatt, Flare and Cathode properties (see the table entitled "Assay values for enriched LCT Pegmatites from grab samples compared to background and fertile granites"). LCT enrichment is defined by the following concentrations in parts per million (ppm), which are values greater than 30 ppm for Cs (cesium), 20 ppm for Ta (tantalum), 100 ppm for Li (lithium), 1,000 ppm for Rb (rubidium), 30 ppm for Sn (tin), or 20 ppm for G (gallium), which represent a magnitude larger than fertile granites. Over all, field station and sampling density is less than three field stations and one sample per one square kilometre, which offers the potential for significant discoveries after the 2023 preliminary work which has confirmed lithium pegmatite prospectivity.

An additional 550 till (frost boil) samples have been collected on the Radiant, kWatt and Wire properties to possibly identify blind LCT pegmatite, which are not exposed at surface. Till assays results are expected at approximately the end of November and may identify additional targets for follow up. The till sampling was done in areas where there is strongly anomalous lithium in lake bottom sediment sample surveys completed by the Quebec government survey previously.

About Orford Mining Corp.

Orford Mining is a gold and critical mineral explorer focused on highly prospective and underexplored areas of Northern Quebec. Orford's principal assets are the Qiqavik, West Raglan and lithium exploration projects comprising a land package totalling over 111,000 hectares in the Cape Smith belt of Northern Quebec. The Qiqavik project hosts several new high-grade gold discoveries along a mineralized trend in excess of 40 kilometres. The West Raglan project hosts a number of high-grade Raglan-style nickel/copper/platinum group metal discoveries along a 55-kilometre mineralized trend. In early 2023, Orford acquired large claim blocks targeting lithium in the Nunavik region. These lithium claim blocks have been carefully selected as having promising lithium potential after an exhaustive compilation of available data. Orford also has four property positions in the Joutel region of the Abitibi district of Northern Quebec, which hosts historical deposits such as the Eagle/Telbel, Joutel Copper, Poirier Copper and Vezza deposits. Orford continually seeks new gold exploration opportunities in North America. Orford's common shares trade on the TSX Venture Exchange under the symbol ORM. This information from neighbouring properties is not necessarily indicative of the mineralization on Orford Mining's properties.

Qualified person

The disclosure of scientific and technical information contained in this news release has been approved by Alger St-Jean, PGeo, chief geoscientist for Orford, a qualified person under National Instrument 43-101. The technical information presented in this release was obtained from historical work reports filed with the Quebec Ministry of Energy and Natural Resources and has not been independently verified by a qualified person as defined by NI 43-101.

Sample shipments were sealed and shipped to AGAT Laboratories, Val d'Or, Que. All assays reported for the grab samples were obtained by standard sodium peroxide fusion method with an ICP-OES (inductively coupled plasma optical emission spectrometry)/ICP-MS (inductively coupled plasma mass spectrometry) finish (methods 201 to 378) at AGAT Laboratories, Mississauga, Ont. Standards and blanks were inserted at a minimum rate of 5 per cent for grab samples for quality assurance/quality control (QA/QC) purposes, in addition to those inserted by the lab. A subset of samples has not yet been sent for a verification assay at another lab. AGAT Laboratories are accredited by the Standards Council of Canada and found to comply with the requirements of ISO/IEC 17025:201.

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