Mr. Errol Farr reports

LOYALIST EXPLORATION WELCOMES DAVID DRINKWATER AS NEW DIRECTOR

Loyalist Exploration Ltd. has appointed David Drinkwater as director of the company, effective today. The company also wishes to announce that Stephen Balch has stepped down as a director but will join the advisory committee as a valued contributor.

Mr. Drinkwater has extensive business and legal experience across many industries with a broad focus including corporate finance and mergers and acquisitions and acting as a board member of various public companies. He was chairman of Loyalist from June, 2019, to December, 2023.

Errol Farr, Loyalist's president and chief executive officer, commented: "Loyalist is very excited that David has agreed to come back to the board of Loyalist. His blue-chip resume, connections to the town of Timmins, and extensive business and legal experience are the ideal assets Loyalist is looking for. I would like to thank Stephen Balch for his contributions to Loyalist over the years. Without his presence, we would not be here today. Stephen has expressed a desire to step back due to his many other commitments. I look forward to working with David on the board and having Steve as a mentor going forward."

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, the Gold Rush gold/silver property and the DeSantis gold property, all located in the Timmins mining district in Ontario. The company expects to commence a significant mining permit project at Tully and exploration activities on all four properties as well as expanding the company's Timmins-based property portfolio.

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