Mr. Errol Farr reports
LOYALIST ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT FOR LOVELAND NICKEL, COPPER, GOLD PROPERTY IN TIMMINS ONTARIO
Loyalist Exploration Ltd. has filed a technical report dated Nov. 1, 2025, with an effective date of April 6, 2026, titled "National Instrument 43-101 Technical Report on the Loveland Polymetallic Project,"
prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects) on the company's Loveland nickel, copper and gold project. The report was written by independent qualified persons Scott Jobin-Bevans, PGeo, and Curtis Ferron, PGeo, of Caracle Creek International Consulting Inc. The report is available on SEDAR+ and is published on Loyalist's website.
Key technical report recommendations
The report recommends a two-phase exploration program consisting of an airborne magnetics-electromagnetics geophysical survey with a follow-up ground truthing and prospecting program (phase 1) and exploration diamond drilling program (phase 2), designed to follow up on the phase 1 geophysical and prospecting programs. The estimated cost for the recommended two-phase program is approximately $1.1-million.
This two-phase work program is designed to test three main concepts:
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Delineate similar geophysical anomalies to the Cominco and Hollinger zones and follow up with prospecting and subsequent diamond drilling;
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Follow up on orogenic gold mineralization potential across the property, including previously identified surface gold showings and deep orogenic gold potential below the Cominco zone through drilling;
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Twin historical Cominco and Hollinger zone drill holes and extend along strike of historical drilling for the purpose of defining a National Instrument 43-101-compliant mineral resource estimate for these two zones.
The information presented herein is derived from the report. The report summarizes geology, mineralization, historical exploration and recent work completed on the project by the company.
Samples referenced in the report were collected through industry standard exploration methods, including prospecting, soil sampling, channel sampling and diamond drilling programs. These samples were prepared, processed and analyzed at accredited laboratories using appropriate analytical techniques, including ICP-based multielement methods.
Quality assurance and quality control procedures included the insertion of certified reference materials, blanks and duplicate samples at regular intervals throughout the sampling process, in addition to internal laboratory QA/QC protocols. Based on these procedures, the analytical results are considered reliable for the purposes of this disclosure.
Certain information disclosed herein relating to historical exploration activities conducted by previous operators is historical in nature. A qualified person has not verified these data, and, therefore, they should not be relied upon. However, the company considers such information relevant as an exploration guide in assessing the mineralization potential of the project.
The project is an early-stage exploration project, and there are currently no mineral resource or reserve estimates defined on the project in accordance with NI 43-101 standards.
Qualified person
Mr. Jobin-Bevans, PGeo (Ontario No. 0183), an independent consultant to the company, a qualified person as defined by NI 43-101, has reviewed and approved the technical content of this press release.
About Loyalist Exploration Ltd.
Loyalist 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, mine
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, Ont., mining district. 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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