Mr. Damien Reynolds reports

MINERAL ROAD COMMENCES TECHNICAL PROGRAMME TO DEFINE BERGSLAGEN TUNGSTEN RESOURCE POTENTIAL AND APPOINTS STEVE LEAHY TO BOARD OF DIRECTORS

Mineral Road Discovery Inc. has moved into the technical execution phase of its strategic development program at the Bergslagen tungsten project in Sweden. The company has engaged GeoPool Oy, a Nordic-focused geological consultancy with nearly two decades of regional experience -- including co-writing exploration guidance for Svemin, the Swedish Association of Mines, Mineral and Metal Producers -- to consolidate the historical geological and mining database and support coming field operations at Bergslagen.

The initial work program focuses on the historical surface tailings at Yxsjoberg, with systematic drilling and sampling being progressed to establish tonnage, grade distribution, mineralogy and metallurgical characteristics. Additionally, the company is pleased to announce the appointment of seasoned mining executive Steve Leahy to its board of directors.

Key highlights:

1. Appointment of Mr. Leahy: industry veteran Mr. Leahy, founder and former chairman and chief executive officer of North American Tungsten Corp., who led the financing, acquisition and operation of the Cantung tungsten mine -- which at peak supplied roughly 4 per cent of the world's tungsten -- joins the board of directors;
2. Geological and technical engagement: GeoPool Oy -- a leading Nordic exploration consultancy that co-wrote regulatory exploration guidance for Svemin, the Swedish Association of Mines, Mineral and Metal Producers -- engaged to consolidate and assess historical geological, drilling, mining and exploration data;
3. 3-D geological modelling: historical data are being digitized into a modern 3-D geological model to prioritize targets across the Yxsjoberg system;
4. Tailings resource drilling: systematic drilling program is being advanced to test the surface tailings, targeting complete physical and metallurgical characterization;
5. Hardrock expansion: historical hardrock exploration database being compiled to define deep-system multicommodity potential.

Appointment of Steve Leahy to the board

Mineral Road is thrilled to welcome Mr. Leahy to its board of directors. Mr. Leahy founded North American Tungsten and served as its chairman and chief executive officer, where he was the driving force behind financing and developing the Cantung tungsten mine into one of the few western tungsten producers, supplying approximately 4 per cent of world tungsten output at peak. His deep familiarity with global tungsten supply chains, processing dynamics and capital markets adds significant strategic depth to the company as it advances Yxsjoberg toward modern resource definition.

Mr. Leahy, director of Mineral Road, commented: "I am excited to join the board of Mineral Road and get involved with the development of Bergslagen. It is one of the more compelling tungsten projects I have seen globally, combining significant surface tailings opportunity with high-grade hardrock potential in a stable, well-respected mining jurisdiction."

Moving from historical data to a defined inventory

Bergslagen is centred on the historic Yxsjoberg tungsten mining district, which has an extensive historical record of mining, exploration and geological investigation.

Mineral Road is working with GeoPool to bring this information together into a modern geological framework, including historical drilling, underground mine plans, geological information, sampling and available geophysical data. The purpose of this work is to establish a consistent database that can be used to guide modern exploration and define areas requiring further verification.

Tailings drilling program

The historical surface tailings remain the company's immediate technical priority. The material was generated from historical tungsten mining and processing at Yxsjoberg, and remains accessible at surface. Historical information indicates that the tailings contain tungsten together with copper, fluorite and other critical minerals.

Mineral Road is progressing a plan for a systematic drilling and sampling program designed to test the thickness and lateral continuity of the tailings and obtain representative samples for laboratory analysis and metallurgical testwork. To facilitate this, the company is obtaining the necessary permits with the intention of commencing drilling before the end of 2026. The results will be used to develop an initial estimate of the tailing resources and to determine whether the material can support a commercially viable reprocessing operation. Where appropriate, the company intends to progress the technical information toward a National Instrument 43-101 mineral resource estimate.

Historical hardrock database

In parallel with the tailings program, GeoPool is consolidating the historical hardrock exploration and mining information covering the Yxsjoberg district. This work will include the integration of historical drilling, underground geological information, mine plans and other available exploration data into the broader 3-D model.

The company believes this will provide an important technical foundation for the next stage of exploration. The historical hardrock information will be assessed and prioritized following completion of the initial data compilation and modelling.

Commentary

Bill Murphy, principal of Murphy Resource Consultants, stated: "We have now moved beyond the initial strategic review and into the work required to establish what Bergslagen actually contains. The addition of Steve Leahy to our board is an endorsement of the project's strategic value. His hands-on experience with Cantung brings real-world tungsten expertise to our team.

"Our immediate priority is the surface tailings. They are already precrushed at surface, and historical records indicate that they warrant systematic investigation. The drilling and metallurgical work will tell us whether there is a sufficiently consistent and recoverable tungsten inventory to support a near-term operation. Simultaneously, we are building a robust 3-D model of the deep hardrock system to guide our longer-term growth."

About Mineral Road Discovery Inc.

Mineral Road is a Canadian exploration and development company focused on critical and strategic minerals. The company's Bergslagen tungsten project is located in southern Sweden and encompasses the historically significant Yxsjoberg tungsten district. Mineral Road is initially focused on defining the potential of the historical surface tailings while continuing to advance the broader tungsten and critical mineral potential of the Bergslagen district.

The technical information has been reviewed and approved by Derrick Strickland, an independent qualified person as defined by National Instrument 43-101.