Mr. Peter Berdusco reports

PURECORE COMPLETES PHASE ONE EXPLORATION AT CRITICAL MINERALS PROJECT, BANKIER

Geologists from HEG & Associates have completed the initial phase of boots-on-the-ground exploration as part of Purecore Metals Inc.'s 2026 field program at the Bankier property.

The company holds a 100-per-cent interest in Bankier, an early stage critical minerals exploration project characterized by prospective alteration signatures and multielement mobile metal ion (MMI) anomalies in copper, molybdenum, gold, zinc, silver, lead and uranium.

The phase one program included:

• Property-wide reconnaissance, including road and access mapping;
• Comprehensive geological mapping focused on lithology, alteration, mineralization and structural controls on metal endowment;
• Revisiting and verifying historical sampling locations and mineral showings;
• Geological traverses and reconnaissance across previously unexplored areas.

Peter Berdusco, president and chief executive officer of Purecore, commented:

"We are pleased to have completed the initial phase of boots-on-the-ground exploration at Bankier as we systematically evaluate the broader mineral potential of the project. This field program has been instrumental in advancing our understanding of the geology, alteration and structural controls on mineralization across the property. It is particularly encouraging to have identified additional areas of alteration outside the historical Minfile occurrences, highlighting new targets for follow-up exploration."

Phase one exploration review

The property is underlain predominantly by medium-grained granite with local alaskite dikes that have historically been associated with mineralization and alteration across the property. Six samples were collected in the vicinity of the Jessie and HP showings.

In addition, a previously undocumented gossanous outcrop was identified and sampled south of the Jessie showing in an area with no known historical sampling. The rock material sampled at this location appears to be plutonic; however, intense sericite and limonite alteration obscures the primary textures of the host rock.

At the historical Minfile occurrences, colour anomalies generally appear to be associated with structural features, including shear zones and dikes. These structures appear to trend predominantly north-south. Future exploration will focus on these structural trends to better delineate potential mineralization and define the extent of alteration across the property.

About Bankier

The company holds 100-per-cent interest in the Bankier property, an early stage exploration project located in the central Okanagan region of British Columbia, approximately 22 kilometres west of Peachland and near the historical Brenda mine, a past-producing copper-molybdenum mine now in remediation. The property is underlain by a structurally complex intrusive system characterized by granodiorite and granite lithologies, cut by numerous alaskite dikes that are locally associated with alteration and mineralization.

Exploration work to date has identified three reported Minfile showings on the property, including the Glad, Bankier and HP showings. Historical and recent geochemical and geophysical programs, including airborne magnetics, mobile metal ion (MMI) soil sampling and rock sampling, have outlined multiple multielement geochemical anomalies in copper, molybdenum, gold, zinc, silver, lead and uranium.

Engagement of marketing and digital media service providers

The company also announces that it has entered into certain media service and digital marketing services agreements to support investor awareness and communication initiatives.

The company has entered into a client services agreement with Mayfair Media Operations Pty. Ltd. trading as Mining.com.au, an arm's-length media and content marketing service provider based in Australia. Under the agreement, Mining.com.au will provide media and content marketing services, including unlimited coverage of newsworthy company announcements, unlimited video interviews, up to four featured editorials per year and up to two webinars per year.

The Mining.com.au agreement commenced on July 19, 2026, for an initial term of 12 months, with a subscription fee of $3,839.16 plus applicable taxes per month ($3,900 (Australian) per month). The company may opt out of automatic renewal for a subsequent 12-month term by providing 30-day written notice prior to the anniversary of the commencement date. Additionally, the company may terminate the Mining.com.au agreement by providing seven-day written notice prior to the expiration of the initial three-month period. No securities will be issued as compensation under the agreement.

Mining.com.au and the company are unrelated and unaffiliated entities. At the time of the agreement, neither Mining.com.au nor its principals have an interest, directly or indirectly, in the securities of the company. Mining.com.au is located at 6/66 Appel St., Surfers Paradise, Queensland 4217, Australia, and can be reached by e-mail at info@mining.com.au.

The company has also entered into a digital marketing consulting agreement dated July 21, 2026, with SmartIR Marketing Ltd., an arm's-length service provider based in the United Kingdom. Pursuant to the agreement, SmartIR will oversee and direct the company's digital marketing and investor awareness initiatives. Services will include rebuilding brand positioning and digital infrastructure, content creation, social media distribution, e-mail marketing campaigns, website management support, investor webinars, and related services.

The SmartIR engagement is structured in phases, with compensation consisting of a one-time brand infrastructure building fee of $30,000 for phase one, commencing on July 28, 2026, or such other date as agreed upon by the parties. Within 15 business days following SmartIR's written notice of phase one completion, phase two will commence for an initial term of six months at a rate of $30,000 per month. The agreement will automatically renew for subsequent six-month terms unless either party provides 30-day written notice of non-renewal prior to the end of the then-current term. The agreement may otherwise be terminated for convenience by either party upon 45-day written notice, subject to a termination fee. The company will not issue any securities to SmartIR in consideration for the services.

SmartIR and the company are unrelated and unaffiliated entities. At the time of the agreement, neither SmartIR nor its principals have an interest, directly or indirectly, in the securities of the company. SmartIR is located at 128 City Rd., London, EC1V 2NX, United Kingdom, and can be reached by e-mail at info@smartirmarketing.com or by telephone at 1-213-444-3915.

Qualified person

The scientific and technical information in this news release has been reviewed and approved by Ali Wasiliew, PGeo, an independent qualified person as defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Purecore Metals Inc.

Purecore Metals is a mineral exploration company focused on advancing the materials that power modern energy systems and emerging technologies. The company is building a critical minerals portfolio aligned with long-term trends across the energy, technology and defence sectors, with a strategy centered on high-impact opportunities and disciplined execution.

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