Subject: Roland Mineral Enterprises Corp. - news release
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File: Attachment RME NR 2025 10 27 Las Crucitas FINAL.pdf
Trading Symbol: RME 12g3-2(b): 82-1669
October 27, 2025 Standard & Poor's Listed
Tel: 604.683.3288 Website: www.rolandmineral.com
Toll Free: 1.888.880.2288
ROLAND MINERALS ENTERS FINAL NEGOTIATIONS
TO ACQUIRE OPTION ON THE LAS CRUCITAS GOLD MINE PROJECT
October 27, 2025 Roland Mineral Enterprises Corp. (TSX.V: RME) ("Roland Minerals" or "RME") is
pleased to announce that it is in the final stages of negotiations to acquire, by option, an interest in the Las
Crucitas Gold Mine Project, an advanced-stage gold project located in Central America.
Project Highlights
dot Advanced-stage gold project in Central America with significant historical drilling and feasibility data.
dot Historical resource estimates (Infinito Gold, 2008): 1.24 million ounces gold Indicated @ 1.37 g/t Au;
1.21 million ounces Inferred @ 1.28 g/t Au; over 7 million ounces contained silver.
dot Epithermal gold mineralization hosted in Miocene volcanics and rhyolitic domes.
dot Legal and political momentum Costa Rica's Legislative Assembly is considering amendments to
permit open-pit mining specifically at Las Crucitas.
dot Substantial prior investment in mine development, infrastructure, and community services by previous
operators.
dot Gold market tailwind historical feasibility based on US$750/oz gold; current gold prices above
US$4,000/oz significantly enhance potential project economics.
Project Overview
The Las Crucitas Gold Mine Project encompasses Miocene basaltic to andesitic lava flows and pyroclastic
rocks cut by rhyolitic domes, the focus of epithermal-style gold mineralization. Multiple stages of gold
deposition have been identified, ranging from 0.2 0.6 g/t Au to high-grade 0.6 6.0 g/t Au within quartz
pyrite adularia vein systems.
Historical Exploration and Resource Estimates
The property was originally explored by Placer Dome Inc., which completed 251 diamond drill holes and
90 auger holes, forming the foundation for resource estimates prepared for Infinito Gold Ltd. by Hellman
& Schofield Pty. Ltd. (2008).
Infinito Gold's July 17, 2008 news release reported the following at a 0.5 g/t Au cut-off:
Category Million Au grade Ag grade Contained Au Contained Ag
Tonnes (g/t) (g/t) (Moz) (Moz)
Indicated 1.37 3.6 1.24 3.27
Inferred 28.22 1.28 3.9 1.21 3.69
29.42
These resources include both saprolite and hard rock zones within the Botija and Fortuna pit areas.
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Roland Mineral Enterprises Corp. News Release
October 27, 2025
Feasibility and Economic Studies
In 2008, Micon International Limited completed the "Las Crucitas Gold Project NI 43-101 Technical
Report on Feasibility Study Update" for Infinito Gold. Using Hellman & Schofield's recoverable resource
estimates, Micon concluded that Las Crucitas was economically attractive under 2008 conditions, based on
a gold price of US$750/oz. With gold now exceeding US$4,000/oz, Roland Minerals believes that future
studies could show substantially improved economics.
Legal and Political Developments
Development of the mine at the Las Crucitas Gold Mine Project was halted following a 2010 moratorium
on open-pit mining in Costa Rica. Subsequent international arbitration before the World Bank's
International Centre for Settlement of Investment Disputes (ICSID) resulted in a June 2021 award
concluding that Costa Rica violated the Bilateral Investment Treaty with Canada concerning the protection
of investments.
Subsequent to the moratorium illegal mining has been taking place and causing significant environmental
damage in and around Las Crucitas. As a result, today, growing public and political support for the
benefits of responsible open-pit mining at Las Crucitas is emerging. In particular, many interested parties
and groups within Costa Rica have expressed their support for open-pit extraction of mineral resources,
especially gold, at Las Crucitas and nearby areas.
Among other developments considered by Roland Minerals to be positive for mining prospects at Las
Crucitas, the Costa Rican Legislative Assembly is currently considering a Bill to amend the Mining Code
to lift the moratorium declared in 2010 to specifically allow open-pit mining at the Las Crucitas Gold Mine
Project site. It is reported the Bill received a favorable opinion from the technical committee responsible
for its review.
Strategic Partnership
Roland Minerals is negotiating an option agreement that would enable it to acquire an interest in the Las
Crucitas Gold Mine Project in collaboration with CRUSAC Trinity Resources Corporation of Texas, USA,
and the owner of existing exploration data, and other key participants. This partnership aims to advance
exploration, development, and eventual mining opportunities at Las Crucitas.
Management Commentary
"We are in the early stages of what has already proven to be the strongest gold market in modern history as
sophisticated investors embrace investments in gold mining and exploration," states Frank Garofalo,
director of Roland Mineral Enterprises. "Las Crucitas presents a rare, high-impact advanced mining
opportunity for Roland Minerals with substantial upside. Las Crucitas had robust numbers with gold at
US$750. With gold now trading above US$4,000 per ounce, we anticipate very positive outcomes as the
project advances toward renewed exploration and mine development. The benefits to local communities
and the Costa Rican economy from responsible mining at Las Crucitas would be significant. The option
on Las Crucitas presents a tremendous opportunity for RME to expand on its portfolio of mining assets and
to take advantage of the unique timing of an advanced project that was going into production, and has been
on extended hiatus for over 17 years. This option is a modest investment with huge potential benefits for
all stakeholders, including Costa Ricans."
Qualified Person
The technical content of this news release has been reviewed and approved by Dr. Bohumil (Boris) Molak,
PhD, P.Geo., and Mr. Rod Husband, P.Geo., Qualified Persons as defined by National Instrument 43-101.
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Roland Mineral Enterprises Corp. News Release
October 27, 2025
Cautionary Note Regarding Historical Estimates
The resource estimates referenced herein are historical in nature and predate the involvement of Roland
Mineral Enterprises Corp. Historical gold resources have likely been negatively affected by illegal mining
by small scale miners at Las Crucitas since 2017. A Qualified Person has not done sufficient work to
classify the historical estimates as current mineral resources or reserves, and the Company is not treating
the estimates as current. Verification work and additional technical studies will be required to confirm or
update these estimates.
Forward-Looking Statements
This news release contains forward-looking statements and information that are based on the beliefs,
expectations, and assumptions of management as of the date hereof. Forward-looking statements include,
but are not limited to, statements regarding negotiations, potential acquisition of an interest in the Las
Crucitas Project, anticipated improvements in project economics, and potential changes to Costa Rican
mining legislation. Such statements are subject to various risks and uncertainties, including negotiation
outcomes, regulatory approvals, political developments, commodity price fluctuations, and other factors
that may cause actual results to differ materially. Roland Minerals undertakes no obligation to update
forward-looking statements except as required by applicable securities laws.
About Roland Mineral Enterprises Corp.
Roland Mineral Enterprises Corp. (TSX.V: RME) is a Canadian exploration company trading on the TSE
Venture Exchange symbol "RME", focused on the acquisition, exploration, and development of high-
quality gold, platinum and palladium assets in Canada and the Americas. Roland Minerals seeks to create
value through disciplined exploration, technical excellence, and strategic partnerships and relationships.
On behalf of the Board of Directors
ROLAND MINERAL ENTERPRISES CORP.
PER: "Mark C. Patchett"
MARK C. PATCHETT
President & CEO
For further information contact: Mark C. Patchett, President
E-mail: President@empiremetalscorp.com
Tel: 604.683.3288
Toll Free: 1.888.880.2288
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary
Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We
advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors
are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may
contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future
events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently
anticipated in such statements.
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