Mr. John Dorward reports

ROXMORE RESOURCES SIGNIFICANTLY EXPANDS LAND POSITION AT CONVERSE GOLD PROJECT BY 70%

Roxmore Resources Inc. (formerly, Axcap Ventures Inc.) has significantly expanded its land position at its flagship Converse gold project, located on the Battle Mountain-Eureka trend in Nevada, United States.

The expanded land position provides additional flexibility for future project design and infrastructure layout ahead of the company's upcoming preliminary economic assessment (PEA).

Key highlights

• Acreage available to support future project development increased by 70 per cent;
• Land position expanded from 7,784 acres to 13,257 acres over the past six months through a combination of claim staking and private land acquisitions;
• Expanded footprint enables a more efficient layout of mining infrastructure to support future growth and development of the Converse gold project.

Land position

Over the past six months, the company has undertaken a series of initiatives to expand its land position, including staking additional mineral claims on Bureau of Land Management (BLM) lands and acquiring private land parcels that are contiguous or proximal to the claims hosting the Converse deposit.

This expanded land package provides a broader footprint surrounding Converse, which is expected to support future resource growth and enable a more efficient and optimized layout of surface infrastructure.

John Dorward, executive chairman of Roxmore, commented: "We are very pleased to have secured this expanded footprint ahead of our upcoming PEA. The additional land along the western boundary of the previous land position is particularly advantageous, as it provides greater flexibility for optimizing surface layout in potential development scenarios."

The overall cost of the additional staking and private land acquisitions was approximately $700,000 (U.S.).

Upcoming catalysts

• Q2 2026 -- additional drill results from current program;
• Q2 2026 -- release of the Converse PEA;
• Q3 2026 -- results of silver reassay program.

About Roxmore Resources Inc.

Roxmore is focused on developing its flagship, Converse gold project, one of the largest undeveloped gold deposits not owned by a major mining company in Nevada, U.S. The Converse gold project is located within the prolific Battle Mountain trend containing 5.57 Moz (million ounces) Au of measured and indicated mineral resources and 420,000 oz Au inferred mineral resources (238 metric tonnes at 0.539 gram per tonne Au for 4.13 Moz measured mineral resources; 92 mt at 0.487 g/t Au for 1.44 Moz indicated, 25 mt at 0.528 g/t Au for 420,000 Moz inferred mineral resources). With decades of expertise in Nevada and globally, the company's board and management are focused on unlocking the potential of this project.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Vance Spalding, CPG, executive vice-president, exploration, for Roxmore, who is a qualified person within the meaning of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

We seek Safe Harbor.