Mr. Errol Farr reports

LOYALIST EXPLORATION LIMITED EXPANDS LOVELAND PROPERTY WITH 26 CONTIGUOUS MINING CLAIMS IN LOVELAND TOWNSHIP

Loyalist Exploration Ltd. has successfully staked 26 new mining claims in Loveland township, Ontario. These claims are contiguous with the company's existing Loveland property, significantly expanding its footprint in the prolific Timmins mining district.

The newly staked claims strengthen Loyalist's position in an area prospective for nickel, copper and gold mineralization. They adjoin the Loveland polymetallic project, which the company acquired in 2025 as part of its Buy Timmins, Mine Timmins strategy. This expansion increases the contiguous land package and enhances exploration potential along key geological trends in the Porcupine mining division.

"We are excited to add these 26 claims directly adjacent to Loveland," said Errol Farr, chief executive officer of Loyalist, "This strategic staking bolsters our control over prospective ground in one of Canada's premier mining camps. It aligns perfectly with our focus on advancing high-potential nickel-copper-gold assets while building shareholder value through targeted acquisitions and exploration."

The Loveland property is located approximately 45 kilometres northwest of Timmins, Ont., within the Byers, Loveland, Thorburn and Moberly townships. Loyalist recently filed a National Instrument 43-101 technical report on the project and continues to evaluate its polymetallic potential through systematic exploration.

Project highlights:

• Gold assays from one drill hole include 6.37 grams per tonne gold over 8.55 metres from 383.25 m to 391.8 m downhole, 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 approximately 400 m southeast of the historical Cominco zone contain 8.98 g/t Au and 11.48 g/t Au;
• Project now contains 318 contiguous mining claims for a total area of 6,673 hectares (16,489 acres);
• Hollinger zone: historical estimate of 422,350 short tons grading 0.71 per cent nickel and 0.42 per cent copper;
• 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.

For more information regarding the Loveland property, please see the company's press release dated Oct. 21, 2025.

Statement regarding historical mineral resource estimates

The Hollinger zone and Cominco zone historical mineral resource estimates are unclassified and do not comply with CIM (Canadian Institute of Mining, Metallurgy and Petroleum) definition standards on mineral resources and mineral reserves as required by NI 43-101. The Hollinger zone historical mineral resource estimate was taken from a report titled "Geological Report, Rousseau Loveland Property, Loveland Township," written by W.C. Kerr and dated Feb. 1992, citing data provided by Hollinger Mines Ltd. from 1974. The Cominco zone historical mineral resource estimate was taken from a report titled "Amador Gold Corp. -- Annual Report 2009," dated May 26, 2009. Given the age of the information and the lack of underlying data, investors are cautioned not to treat the estimate as current or rely on the estimate in making an investment decision. The historical mineral estimate is being included herein to provide shareholders with background on the rationale for acquiring the asset. A qualified person has not done sufficient work to classify this historical mineral resource estimate as current mineral resources and the company is not treating these historical mineral resource estimates as a current estimate. It is uncertain whether, following evaluation and/or further exploration, the historical mineral resource estimate will ever be able to be reported in accordance with NI 43-101. The company has no current plans to undertake the work to bring any or all of the historical resource estimates up to the CIM reporting standards.

Qualified person

Curtis Ferron, PGeo (Ontario), principal geology consultant for Loyalist, who is 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 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, 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 mining district in Ontario. The company has commenced a significant mining permit project at Tully and will commence exploration activities on all four properties as well as expand the company's Timmins-based property portfolio.

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