Mr. Alex Bugden reports

SORRENTO RESOURCES LTD. INTERSECTS 33M OF 2.12% TREO, BOTTOM BROOK, NEWFOUNDLAND

Sorrento Resources Ltd.'s drill hole SRS26-006 intersected a 33-metre-thick interval with 2.12 per cent TREO (total rare-earth oxides) at the company's Bottom Brook project in Newfoundland and Labrador.

Highlights:

• SRS26-006 intersected 33 m of 2.12 per cent TREO from 69 m (22.3 per cent of the TREO is NdPr);
• SRS26-004 intersected 11 m of 1.10 per cent TREO from 93 m (23.16 per cent of the TREO is NdPr);
• SRS26-001 intersected 18 m of 1.51 per cent TREO from 118 m (23.37 per cent of the TREO is NdPr).

Mineralization occurs in areas of low to moderate radioactivity within massive to semi-massive magnetite. The mineralization is hosted by a variety of lithologies including amphibolite, alkali-granite and quartz-feldspathic igneous rocks. Higher-grade intercepts are defined as containing greater than or equal to 1 per cent TREO.

More assays are expected in the coming weeks. Once assays are received the company will begin metallurgical testwork.

The attached tables summarize the key results from Sorrento Resources' 2026 drilling program at the Bottom Brook project. Table 1 highlights the best TREO per cent drill hole intersections identified to date. Table 2 details the concentrations of individual rare earth oxides within the strongest drill intercepts. Lastly, Table 3 summarizes collar co-ordinates and spatial information for the 10 holes completed by Sorrento during the 2026 drill campaign.

Management commentary

"These early drill results represent an encouraging start to our 2026 exploration program," said Alex Bugden, chief executive officer and president of Sorrento Resources. "The intersection of thick, near-surface REE mineralization, particularly in hole SRS26-006, supports our belief that Bottom Brook has the potential to host a significant rare-earth system. We are anxious to receive further results and begin metallurgical testing."

QA/QC (quality assurance/quality control) commentary

Sorrento Resources QA/QC protocols were maintained through the insertion of certified reference material (standards), blanks and duplicates within the sample stream at approximately one in 10 samples. The drill core was cut in half with a diamond saw, with one-half placed in sealed bags and shipped to the laboratory and the other half retained on site. Chain of custody is maintained from the drill through to submittal into the laboratory preparation facility.

Analytical testing was performed by Activation Laboratories Ltd., Ancaster, Ont. Samples are finely pulverized to 95 per cent passing 74 micrometres (200 mesh), fused with lithium metaborate/ tetraborate to ensure full mineral decomposition, and analyzed by ICP-OES and ICP-MS. A mass balance check is performed to ensure oxide totals fall within 98 to 101 per cent, validating data quality and completeness.

The exploration results described herein are preliminary in nature and are insufficient to define a mineral resource. Further drilling is required to determine the continuity, geometry and grade distribution of mineralization.

About the Bottom Brook project

The Bottom Brook project is made up of 16 mineral licences comprising 606 individual, yet contiguous, claims for a total area of 15,150 hectares. It is located approximately 40 kilometres south of the city of Corner Brook which has a deepwater port, skilled work force and multiple service providers. The property is accessible via a network of secondary roads immediately adjacent to the Trans-Canada Highway. There is a transmission line which also runs through the western portion of the property.

Previously drilled high grade total rare-earth oxide (TREO) from Ucore Uranium Inc. include:

• 4.37 per cent over five m;
• 4.47 per cent over 5.6 m;
• 8.19 per cent over 2.00 m;
• 15 per cent over 0.5 m;
• 11.02 per cent over 1.05 m;
• 1.269 per cent over 7.5 m.

The REE mineralization in Bottom Brook is characterized by monazite-enriched horizons.

Qualified person

Dr. Derek Wilton, a qualified person in accordance with National Instrument 43-101 and independent from Sorrento Resources, has reviewed and approved the technical information contained in this press release.

About Sorrento Resources Ltd.

Sorrento is engaged in acquisition, exploration and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious and rare-earth element, gold, and base metal properties of merit including the Bottom Brook project, Rodgers Cove gold and Harmsworth (volcanogenic massive sulphide) project all located in Newfoundland.

We seek Safe Harbor.