14:43:31 EDT Mon 27 Jul 2026
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Union Power Metals Corp
Symbol UPPR
Shares Issued 72,501,722
Close 2026-07-24 C$ 0.115
Market Cap C$ 8,337,698
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Union Power prepares for Slovakia drill program

2026-07-27 11:20 ET - News Release

Mr. Derrick Dao reports

UNION POWER METALS CONFIRMS UPCOMING DRILL PROGRAM AT SLOVAKIA MANGANESE PROJECTS

Preparations for Union Power Metals Ltd.'s upcoming drill program in Slovakia are advancing, with the program now approved and the company moving forward toward mobilization.

The planned drilling program represents an important next step in Union Power's strategy to advance its Slovakian manganese portfolio and evaluate the potential of a historically significant manganese district at a time when Europe is seeking to strengthen domestic and regional supply chains for critical raw materials.

The company is looking forward to commencing drilling and building on the extensive body of historical work completed across its Slovakian project portfolio.

"Confirming our drill program is an important milestone for Union Power and our team," said Derrick Dao, chief executive officer of Union Power Metals. "Since establishing our position in Slovakia, our focus has been on disciplined execution and advancing these assets toward modern exploration and technical validation. With the program approved, we are now moving toward the next stage of work and look forward to getting on the ground and drilling.

"Slovakia represents a compelling opportunity for Union Power given the scale of the historical manganese district, its location within the European Union and the strategic importance of manganese to Europe's evolving battery and industrial supply chains. We believe the upcoming program can provide important new technical information as we work to better understand and advance the potential of these assets."

Slovakia drill program

The upcoming program is expected to focus on priority targets within the company's Slovakian manganese portfolio, including areas associated with historical exploration and development.

A key objective of the program is to evaluate the metallurgical and battery-grade manganese potential of the district, alongside verifying the reliability of historical results using modern exploration and analytical methods. Further details regarding drill mobilization, program design and target areas will be provided as the program advances.

Botswana uranium program remains on track

In parallel with the company's work in Slovakia, Union Power is also pleased to report that exploration activities at its uranium assets in Botswana remain on schedule.

The company has already completed airborne survey work over the project area, representing an important early step in advancing the exploration program and refining the geological understanding of the licences.

Data generated from the airborne work will support the company's continuing technical evaluation and assist in prioritizing areas for follow-up exploration.

"While Slovakia is a major near-term focus for the company, we continue to advance Botswana in parallel," added Mr. Dao. "The airborne work has been completed, and the program remains on track. We are pleased to be moving both platforms forward and expect the coming months to be an active period for Union Power."

Building momentum across two critical minerals platforms

Union Power is advancing a portfolio of critical mineral assets in Europe and Africa, with a focus on disciplined exploration, technical validation and the identification of opportunities that may contribute to evolving Western supply-chain priorities.

The company expects to provide additional updates as work advances in both Slovakia and Botswana.

Qualified person

The scientific and technical information contained in this news release has been approved by Lorne Warner, PGeo, an independent consultant and a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Warner has reviewed and approved the scientific and technical information contained in this news release.

About Union Power Metals Corp.

Union Power Metals is a mineral exploration company focused on advancing high-potential manganese projects in Slovakia, while maintaining exposure to uranium assets in Botswana. The company is committed to responsible development and long-term value creation through the advancement of critical minerals essential to the global energy transition.

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