Mr. Errol Farr reports

LOYALIST EXPLORATION ANNOUNCES ENGAGEMENT OF CARACLE CREEK FOR LOVELAND 43-101 REPORT

Loyalist Exploration Ltd. has engaged Caracle Creek International Consulting Inc. to prepare a National Instrument 43-101 technical report for the company's Loveland gold copper/nickel project, located in the prolific Timmins mining district.

Project highlights:

• Gold assays from one drill hole include 6.37 grams per tonne Au (gold) over 8.55 metres from 383.25 m to 391.8 m down hole, 6.17 g/t Au over 3.0 m from 403.0 m to 406.0 m and 10.39 g/t Au over 3.1 m from 410.30 m to 413.4 m;
• Surface gold grab samples about 400 m southeast of the historical Cominco zone contain 8.98 g/t Au and 11.48 g/t Au;
• 292 contiguous mineral claims for a total area of 6,244 hectares (15,430 acres);
• Hollinger zone, historical estimate of 422,350 short tons grading 0.71 per cent Ni and 0.42 per cent Cu;
• Cominco zone, historical estimate of 130,000 short tons grading 0.73 per cent Ni and 0.68 per cent Cu;
• Open along strike and at depth, forming an exploration corridor with a 10-kilometre strike length.

Errol Farr, chief executive officer, states: "We are very pleased to engage Caracle Creek to complete our first 43-101 technical report on Loveland. A requirement of the Canadian Securities Exchange, the report will provide the foundation for future exploration activities on the property and continue the execution of the company's Buy Timmins strategy."

Loveland property

The Loveland property is located in Byers, Loveland, Thorburn and Moberly townships in the Porcupine mining division. The property lies within the southwest portion of the prolific Abitibi greenstone belt of the Archean Superior province. The local geology consists of intercalated mafic to intermediate volcanic flows. These flows are locally intruded by feldspar porphyries and gabbro. The gabbroic rocks have similarities to the Kamiskotia gabbroic complex.

Gold mineralization

Gold mineralization was intersected in holes drilled by Amador Gold Corp. to a depth of 300 m below the historical Cominco zone deposit in 2007 to 2009. Gold-bearing arsenopyrite and pyrite mineralization was encountered in sections of silicified granodiorite. Amador's significant historical drill hole (LL08-13) intersected a mineralized interval that assayed 6.37 g/t Au over 8.55 m (383.25 m to 391.8 m down hole). Additional intervals from the hole included 6.17 g/t over 3.0 m from 403.0 m to 406.0 m and 10.39 g/t over 3.1 m from 410.30 m to 413.4 m. The reported lengths of gold intersections are core lengths and not true lengths which are currently unknown.

Anomalous gold values ranging from 100 parts per billion to 3,800 ppb were recorded from several other drill holes (including AMDG07-01, LL08-04, LL08-09, LL09-13W, LL08-14, LL08-21, LL08-22 and LL08-23) over a strike more than 500 m within the granodiorite. The anomalous gold values occur over various widths from less than a metre to several metres of core. True widths are unknown. Prospecting in 2008 led to the discovery of a surface gold showing about 400 m southeast of the historical Cominco zone deposit. The showing returned grab samples containing 8.98 g/t Au and 11.48 g/t Au collected from granodiorite containing quartz-stringers mineralized with disseminated sulphides.

The gold-bearing sulphide mineralization occurs with silicification that presents as silica flooding and quartz veining. The better values, such as those from hole LL08-13, occur in intervals with blue-grey quartz veining and strong silicification with 3 to 10 per cent sulphides comprising arsenopyrite, pyrite and trace amounts of sphalerite, and possibly trace galena and chalcopyrite. Silicification with trace to 2 per cent sulphides was observed marginal to joints and local quartz stringers in all holes where anomalous gold was recorded.

The results from Amador's drilling suggest the presence of a system of gold enrichment within the granodiorite. Additional exploration will be required to determine the orientation and extent of the gold-enriched zone.

For more information on Loveland's nickel/copper potential see the company's press release dated June 30, 2025.

Qualified person

Curtis Ferron, PGeo (Ontario), independent consultant for Loyalist, who is a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical content of this press release.

About Loyalist Exploration Ltd.

Loyalist Exploration is a mineral exploration company concentrating on acquiring, exploring and developing quality mineral properties in Canada. The company is focused on the Tully gold project, the Loveland nickel/copper/gold property and the Gold Rush gold/silver property, all located in the Timmins, Ont., mining district.

We seek Safe Harbor.