Mr. Errol Farr reports

LOYALIST EXPLORATION SAMPLES 7.36 G/T AU AND 31 G/T AG IN PRELIMINARY BEDROCK SAMPLING AT GOLD RUSH PROPERTY, TIMMINS, ONTARIO

Loyalist Exploration Ltd. has completed an initial bedrock sampling reconnaissance program at its Gold Rush property, within the prolific Timmins mining district. The sampling program was completed on Oct. 10, 2025, and was focused on the previously identified North Shaft zone. A total of nine bedrock grab samples were collected (grab samples are inherently selective and serve to prove the presence of mineralization only), highlights from this program include: 7.36 grams per tonne Au (gold) and 31 g/t Ag (silver) in GR25-05; 2.93 g/t Au and 14.3 g/t Ag in GR25-01; 0.783 g/t Au and 4.7 g/t Ag in GR25-02.

Program highlights:

• Surface bedrock sample results include: 7.36 g/t Au and 31 g/t Ag in GR25-05; 2.93 g/t Au and 14.3 g/t Ag in GR25-01; 0.783 g/t Au and 4.7 g/t Ag in GR25-02;
• Mineralized zone delineated through bedrock sampling across 150 metres of strike;
• Easily accessible highly prospective property with proven precious metals potential.

Gold Rush property

The Gold Rush property is located in Turnbull township approximately 25 kilometres west of the city of Timmins, Ont., and is accessible by all-season gravel road. It consists of 41 contiguous single cell mining claims covering an area of approximately 877 hectares. Loyalist has an option to earn a 100-per-cent interest in Gold Rush (see press release March 31, 2025).

Geologically, the property is situated within the Kamiskotia Gabbroic complex, part of the broader Abitibi greenstone belt of the Superior Craton. The dominant host rocks are tholeiitic mafic metavolcanics and intermediate metavolcanics. These are intruded by gabbro with lesser anorthosite and pyroxenite, as well as younger quartz porphyry and granodiorite bodies.

Gold mineralization is structurally controlled and hosted primarily within shear zones in the intrusive gabbro and mafic metavolcanic rocks. It occurs as disseminated and vein-hosted gold associated with quartz veins/stringers, often accompanied by silicified, chlorite (plus or minus sericite)-altered pyrite-rich mafic rocks.

Historical exploration

Noteworthy historical exploration on the property includes a diamond drill program completed in 2021 by Sanatana Resources Inc., which targeted the North Shaft and North Vein zones. Highlights from this historical program include:

• 2.08 grams per tonne Au and 11.5 g/t Ag over one metre from 54 to 55 m and 1.02 g/t Au and 5.07 g/t Ag over three m from 57 to 60 m in drill hole NS-21-05;
• 1.28 g/t Au and 6.76 g/t Ag over five m from 63 to 68 m in drill hole NS-21-04;
• 0.79 g/t Au and 3.86 g/t Ag over five m from 108 to 113 m in drill hole NS-21-07.

Errol Farr, chief executive officer, states: "We are very pleased to report the results of our one-day visit to Gold Rush before the snow flies. The visit allows our team to orient itself to the historic results and begin planning our first-phase exploration plans on the property."

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 currently focused on its buy Timmins strategy, with the recent acquisitions of the Tully gold property, the Loveland nickel/copper/gold property and the Gold Rush gold/silver property, all located in the Timmins, Ont., mining district. The company expects to commence a significant permitting project at Tully and exploration activities on all three properties as well as expanding the company's Timmins-based property portfolio.

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