Mr. Deepak Varshney reports

XANDER RESOURCES COMMENCES DRILLING PROGRAM AT THE SENNEVILLE GOLD PROJECT

Target generation on Xander Resources Inc.'s Senneville project is complete, and drill testing of targets has commenced. The project is located in the eastern part of the Abitibi greenstone belt about 25 kilometres northeast of the gold mining centre of Val d'Or, Que. The company's Senneville project covers over 100 square kilometres and is contiguous in the south to Probe Metals' Novador project, host to the 2.04-million-ounce Monique resource grading 1.42 grams per tonne gold, and in the north to Monarch Mining's Beaufor mine, which has produced over 1.1 Moz Au.

Highlights:

• Compilation of previous work is complete.
• A total of six priority-one drill targets have been developed to test the strike extension of the Cere gold for a total of 1,200 metres.
• An additional eight priority-two holes (1,400 m) have been developed as covering a potential strike length of 3.5 kilometres.

A compilation of historical exploration work included a recent Terraquest airborne gradient magnetic survey flown by Xander in 2022, and a mobile metal soil survey was completed in June of 2023.

The Terraquest survey included horizontal-gradient magnetic data plus very-low-frequency/electromagnetic data to model the resistivity over the Senneville property. The survey data accurately traced out the lithological contacts and crosscutting structures associated with the Cere gold zone.

Using the airborne survey data, a soil sampling survey consisting of 650 samples covering a 3.5-kilometre strike length was completed. The magnetic/VLF and soil data from SGS Canada in Burnaby, B.C., were used to develop drill targets.

Drill testing of the first target is under way. A total of six priority-one targets totalling up to 1,200 metres are planned.

Qualified person

The technical content of this news release has been reviewed and approved by Andrew Tims, PGeo, a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Xander Resources Inc.

Xander is a Canadian mineral acquisition and exploration company based in Vancouver, B.C., Canada, focused on developing accretive gold and battery metal properties within Canada. The company currently has a focus on projects located within the provinces of Ontario and Quebec. Xander is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in Val d'Or, Que., including the Senneville claim group, which comprises over 100 square kilometres and is contiguous in the south to Probe Metals' new discovery and contiguous in the north to Monarch Mining, in close proximity to the Crawford project.

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