Mr. Timothy Froude reports

SOKOMAN MINERALS UPDATE ON MOOSEHEAD GOLD PROJECT, CENTRAL NEWFOUNDLAND

Structural consultant Dr. David Coller is on site at Sokoman Minerals Corp.'s Moosehead gold property to update the structural model and to help plan for deeper drilling later this year. The phase 6 program is winding down for spring breakup with assay results for 12 holes remaining outstanding and expected in two to three weeks. Drilling will resume once all assays have been received, compiled and included in Dr. Coller's updated structural model.

Timothy Froude, PGeo, president and chief executive officer, states: "We are very pleased to have Dr. Coller back and look forward to receiving his recommendations for continued drilling at Moosehead. Dr. Coller has been involved with the project since our first year and has been instrumental in guiding us to several significant high-grade discoveries. Currently, Dr. Coller and Sokoman's geological team are evaluating drill sections from the recently discovered 552 zone to characterize the mineralization, to determine the significance of the zone and what it means for future exploration. We are also happy to have Dr. Hamish Sandeman of the Geological Survey of Newfoundland with us, to update us on the government's advanced research (with the Geological Survey of Canada) aimed at understanding the genesis of gold mineralization in central Newfoundland and, potentially, helping to locate new gold zones. Dr. Sandeman has worked in the central Newfoundland region for many years and is considered one of the province's top geoscientists especially with regards to gold mineral deposits in Newfoundland."

Recent drill results at the 552 zone include MH-23-574 -- 2.10 metres of 5.00 grams per tonne Au, and MH-24-580 -- 2.05 m of 8.31 g/t Au including 0.50 m of 27.79 g/t Au. Both holes had multiple specks of visible gold, a characteristic of all the high-grade zones on the property. The 552 drilling has defined a two- to five-metre-wide zone of vuggy (epizonal) quartz veining/quartz breccia, in variably sheared, to undeformed, sedimentary units located approximately 400 m to the east of the Eastern trend mineralization in the central portion of the property. The 552 zone has been drilled over a 150 m strike length and to 125 m vertical depth and remains open along strike and to depth.

Sokoman is completing drilling at both the 552 zone and several short holes (30 m to 50 m depth) up dip of the Footwall Splay zone, which has been identified as a possible bulk sample target area.

Qualified person

This news release has been reviewed and approved by Timothy Froude, PGeo, a qualified person under National Instrument 43-101, and president and chief executive officer of Sokoman Minerals.

Analytical techniques/QA/QC (quality assurance/quality control)

Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Nfld., for gold analysis. All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to minus-10 mesh and then pulverized to 95 per cent minus-150 mesh. The total sample is weighed and screened to 150 mesh; the plus-150 mesh fraction is fire-assayed for Au and a 30-gram subsample of the minus-150 mesh fraction is fire-assayed for Au, with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every 20 samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical. All reported assays are uncut.

About Sokoman Minerals Corp.

Sokoman Minerals is a discovery-oriented company with projects in the province of Newfoundland and Labrador, Canada. The company's primary focus is its portfolio of gold projects; the 100-per-cent-owned flagship, advanced-stage Moosehead, Crippleback Lake and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The company entered into a strategic alliance with Benton Resources Inc. through three large-scale, joint venture properties including Grey River, Golden Hope and Kepenkeck in Newfoundland. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October, 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the United States, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5 per cent of the Killick lithium project (formerly Golden Hope project) by financing up to $12-million in exploration expenses and issuing $10-million in common shares in three stages. The Killick lithium project has been transferred to Killick Lithium Inc., a 100-per-cent-owned subsidiary of Vinland Lithium Inc. Newly created Vinland has received $2-million in financing from Piedmont for a 19.9-per-cent interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2-per-cent net smelter return (NSR) on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100-per-cent offtake rights to the lithium concentrates.

Projects optioned with optionee fully vested:

• East Alder project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1-per-cent NSR (net smelter return));
• Startrek project optioned to Thunder Gold (SIC retains 1.75 million shares of TGOL plus 1-per-cent NSR).

The company would like to thank the government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys projects through the Junior Exploration Assistance Program over the past few years.

We seek Safe Harbor.