Mr. Jason Macintosh reports

SEARCH MINERALS ANNOUNCES JUNIOR EXPLORATION ASSISTANCE GRANT FROM GOVERNMENT OF NEWFOUNDLAND AND LABRADOR

Search Minerals Inc. has been awarded a grant of $91,000 from the Province of Newfoundland and Labrador through the mineral incentive program -- Junior Exploration Assistance (JEA) program.

The JEA program, a key initiative by the Department of Energy and Mines, aims to grow the mineral inventory of the province by supporting projects that advance discoveries toward National Instrument 43-101-compliant mineral resources. The $91,000 award supported the company's 2025 exploration program at the company's critical rare-earth element (CREE) district strategically located in southeastern Labrador.

"We are very appreciative of the continued support from the Province of Newfoundland and Labrador," said Jason Macintosh, interim chief executive officer of Search Minerals. "These funds are vital for our grassroots and advanced exploration efforts in the Port Hope Simpson -- St. Lewis CREE district in southeastern Labrador, allowing us to maintain momentum as we advance our high-priority targets like Deep Fox and Foxtrot toward future production."

The funding supported recent operational successes, including the completion of the Fox Run 2025 channel sampling program, which continues to define the high-grade potential of the 63-kilometre-long mineral belt. Search Minerals remains focused on establishing a stable, North American supply chain for rare-earth elements essential for electric mobility and renewable energy technologies.

Qualified person

Dr. Randy Miller, PhD, PGeo, is the company's vice-president, exploration, and qualified person (as defined by National Instrument 43-101) who has supervised the preparation of and approved the technical information reported herein. The company will endeavour to meet high standards of integrity, transparency and consistency in reporting technical content, including geological and assay (for example, REE) data.

About Search Minerals Inc.

Led by a proven management team and board of directors, Search is focused on finding and developing critical rare-earth elements (CREE), zirconium (Zr) and hafnium (Hf) resources within the emerging Port Hope Simpson -- St. Lewis CREE district of southeast Labrador. The company controls a belt 63 kilometres long and two km wide, and is road accessible, on tidewater and located near three local communities. Search has completed a preliminary economic assessment report with resource estimates for Foxtrot and Deep Fox. Search is also working on four exploration prospects along the belt which include: Fox Meadow, Silver Fox, Fox Run and Awesome Fox.

Search has continued to optimize the company's patented direct extraction process technology with the generous support from the Department of Energy and Mines, government of Newfoundland and Labrador, and from the Atlantic Canada Opportunity Agency. The company has completed two pilot plant operations and produced highly purified mixed rare-earth carbonate concentrate and mixed REO concentrate for separation and refining.

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