Mr. Chris Donaldson reports

VALKEA RESOURCES COMMENCES FALL EXPLORATION PROGRAM AT THE PAANA PROJECT AND APPOINTS EXPLORATION MANAGER IN FINLAND

Valkea Resources Corp. has commenced its multidisciplinary exploration program across its 100-per-cent-owned Paana project, northern Finland. Diamond drilling at Paana will first focus on disseminated, Ikkari-style gold mineralization at the Koivu zone in the Aarnivalkea West target. Drilling is set to commence in the coming days.

Highlights

• Drilling at Paana will test the extent of disseminated gold mineralization at the Koivu zone, Aarnivalkea West target. Systematic stepout holes are planned to build on results from previous dill programs, including:
  • 55.48 metres of 1.63 grams per tonne gold including 8.50 metres of 8.57 g/t gold, hole FAVD647;
  • 36.45 metres of 1.50 g/t gold including 15.35 metres of 3.43 g/t gold and including 2.75 metres of 12.92 g/t gold, hole AW-24-0059.
• Target generation across the Paana project to complement focused drill program: Base of till (BOT) drilling is planned across key target areas at Paana designed to strengthen the pipeline of high-priority drill targets.
• Jens Ronnqvist, MSc, has been appointed exploration manager (Finland) to provide operational and technical guidance for all exploration activities and stakeholder relations.

"We are excited to get back to exploration and build on the success from our last campaign," stated Chris Donaldson, chief executive officer and executive chair. "We are also pleased to welcome Jens Ronnqvist to the team, a consistent presence on the ground in Finland. With extensive experience as both an exploration geologist and in stakeholder relations, Jens strengthens our technical capabilities, complemented by the support of our trusted contractors, Geopool OY."

2025 exploration program

Valkea's fully financed fall 2025 exploration program is designed to systematically evaluate the Aarnivalkea West target as well as develop new, high-priority target areas across the greater Paana project. The Aarnivalkea West target, located approximately 24 kilometres northwest of Agnico Eagle's Kittila mine and 65 km northwest of Rupert Resource's Ikkari deposit, is underlain by highly prospective rocks of the Central Lapland greenstone belt. Based on previous exploration programs, the broad and open 1.3-kilometre-long target is considered prospective for both Kittila-style, high-grade mineralization and Ikkari-style disseminated mineralization.

Relogging of drill core from the previous drill programs at Aarnivalkea West and Aarnivalkea East is under way. Data from the relogging efforts will be used to refine the geological model and help guide future exploration drilling. A diamond drill rig is scheduled to mobilize to site in the coming days where the focus of the drill program will be on testing the extent of Ikkari-style, disseminated gold mineralization at the Koivu zone. Up to 2,000 metres of drilling in a series of stepout holes up and down dip as well as along strike, north and south from AW-24-005 (36.45 metres of 1.50 g/t gold including 15.35 metres of 3.43 g/t gold and including 2.75 metres of 12.92 g/t gold, see company's news release dated Feb. 27, 2025) and FAVD-64 (55.48 metres of 1.63 g/t gold including 8.50 metres of 8.57 g/t gold) is planned. The holes will be aimed at defining mineralization continuity across the broader target area.

A project-wide base of till (BoT) drill program is scheduled to begin in the coming months. The focus of the BoT program will be on evaluating the footprints of high-priority gold anomalies defined in earlier programs and also on evaluating the western and northern extent of the broad Aarnivalkea West anomaly. Results from the BoT program will be used to refine new drill targets.

Exploration manager -- Finland

The company has appointed Jens Ronnqvist as exploration manager (Finland). Mr. Ronnqvist has over 20 years of experience in mineral exploration in the Nordics, including extensive work in Lapland, northern Finland, where he has contributed to projects with major mining companies such as B2Gold, Rio Tinto and Boliden. He holds a master of science degree in geology and mineralogy from Abo Akademi University, Finland.

Over the course of his career, Mr. Ronnqvist has gained broad expertise across geology, geophysics and geochemistry, with significant time spent in field-based roles and managing exploration sites. He has also overseen client relations, advised on legal and regulatory matters, and planned and executed numerous exploration surveys. During his tenure with GeoPool OY, he contributed to more than 50 projects ranging from grassroots to mine-site exploration, supporting both junior companies and large international operators.

In addition to his technical credentials, Mr. Ronnqvist established and managed a health and safety organization within GeoPool, serving as H&S officer and prioritizing safe, supportive work environments. Well-connected across the Nordic mining industry, he brings an extensive network and proven ability to advance exploration programs and foster strong stakeholder engagement.

About Valkea Resources Corp.

Valkea Resources at the forefront of gold exploration in Finland's highly prospective Central Lapland greenstone belt (CLGB). With an extensive portfolio of high-potential projects, including the flagship Paana project, Valkea Resources is committed to discovering and advancing significant gold deposits in one of the world's emerging gold districts.

Qualified person

The disclosure of technical or scientific information in this press release has been reviewed and approved by Christopher Leslie, PhD, PGeo, chief geologist for Valkea Resources and a qualified person as defined under the terms of National Instrument 43-101.

Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Valkea and may in some instances be unverifiable. Mineralization hosted on adjacent and/or nearby projects is not necessarily indicative of mineralization hosted on Valkea's projects.

We seek Safe Harbor.