Mr. Errol Farr reports

LOYALIST EXPLORATION LIMITED ENGAGES P&E MINING CONSULTANTS INC. FOR MINERAL RESOURCE ESTIMATE AND PRELIMINARY ECONOMIC ASSESSMENT ON THE TULLY GOLD PROJECT, TIMMINS, ONTARIO

Loyalist Exploration Ltd. has entered into a professional service agreement with P&E Mining Consultants Inc. to advance the Tully gold project, located approximately 25 kilometres northeast of Timmins in the prolific Timmins-Porcupine gold camp.

Under the engagement, P&E will deliver a phased scope of work consisting of:

• Phase 1: internal mineral resource estimate;
• Phase 2: National Instrument 43-101-compliant external mineral resource estimate;
• Phase 3: preliminary economic assessment technical report.

Loyalist is complete with its internal work in preparation of this engagement with the review of the exploration database, block model, creation of level plans and preliminary mine planning concepts. This work builds on the project's historical gold mineral resource estimate and supports Loyalist's buy Timmins, mine Timmins strategy, which focuses on consolidating and advancing high-potential assets in the Timmins mining district toward potential development and production.

Eugene Puritch, PEng, FEC, CET, president of P&E Mining Consultants Inc., will lead the engagement as a qualified person under National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

Errol Farr, president and chief executive officer of Loyalist, commented: "We are excited to partner with P&E, a highly respected firm with extensive experience in mineral resource estimation and technical reporting in the Canadian and international mining sectors. This engagement represents a key milestone in advancing the Tully gold project. By completing an updated mineral resource estimate and PEA, we aim to better define the economic potential of this high-grade gold asset and unlock value for our shareholders as we progress permitting and exploration activities in the Timmins camp."

The engagement is structured in phases, with Loyalist providing approval to proceed to each subsequent phase based on results and corporate priorities.

About the Tully gold project

Tully gold project comprises a 458-hectare mining lease located in a well-established mining district with excellent infrastructure. It hosts a historical mineral resource estimate (not treated as current by Loyalist) of 107,000 ounces of gold (capped), comprising 358,000 tonnes grading 6.56 grams per tonne gold (indicated) for 76,000 ounces Au and 184,000 tonnes grading 5.17 g/t Au (inferred) for 31,000 oz Au, as estimated by Francis Minerals Ltd. and dated Dec. 15, 2013. The estimate is not National Instrument 43-101 compliant and has not been verified by a qualified person. The project features numerous high-grade gold drill intersections and is advancing toward permitting, with additional exploration planned for 2026.

About Loyalist Exploration Ltd.

Loyalist is a mineral development and exploration company concentrating on acquiring, exploring and developing quality mineral properties in Canada. The company is focused on its buy Timmins, mine Timmins strategy, comprising 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 has commenced a significant mining permit project at Tully and will commence exploration activities on all four properties, as well as expanding the company's Timmins-based property portfolio.

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.

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