Mr. Chris Donaldson reports

VALKEA PROVIDES UPDATE FROM ITS FALL EXPLORATION DRILL PROGRAM AT THE PAANA PROJECT, NORTHERN FINLAND

Valkea Resources Corp. has provided an update from its continuing exploration drill program at its 100-per-cent-owned Paana project, northern Finland. Diamond drilling at Paana is currently focused on targeting disseminated, Ikkari-style gold mineralization at the Koivu zone on the northern extent of the approximately 1.3-kilometre-long, Aarnivalkea West target.

Highlights:

• Drilling at the Aarnivalkea West target is continuing: Over 2,000 metres of drilling have been completed across five holes to date, with samples from the first two holes submitted to the lab for analysis. Additional holes are being planned as part of a proposed phase 2 program.
• Holes were drilled to test the extent of disseminated gold mineralization at the Koivu zone: Stepout holes along strike and updip were designed to build on results from previous drill 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 activities set to commence: Base of till drilling will begin in the coming weeks across key target areas at the Paana project. The BoT program is designed to strengthen the pipeline of high-priority drill targets.

"Our exploration program at the Aarnivalkea West target is progressing well," stated Chris Donaldson, chief executive officer and executive chair. "We have now completed five holes at the Koivu zone and are encouraged by the mineralization observed which will allow us to start planning for a phase 2 program. Initial assay results are expected in the coming weeks while the upcoming BoT program will provide another exciting opportunity to define additional targets across the highly prospective Paana project. Interest in Finland and specifically in the central Lapland greenstone belt has never been stronger. With gold price at all-time highs, Valkea is exceptionally well positioned to advance exploration and unlock value across our district-scale land package in what is ranked the world's No. 1 mining jurisdiction by the Fraser Institute."

2025 exploration program

Valkea's fall 2025 exploration program, designed to systematically evaluate the Aarnivalkea West target, as well as develop new, high-priority target areas across the greater Paana project, is continuing. 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 approximately 1.3-kilometre-long target is considered prospective for both Kittila-style, high-grade mineralization (Honka zone) and Ikkari-style disseminated mineralization (Koivu zone).

Drilling update

Over 2,000 metres of diamond drilling has been completed at the Koivu zone, located on the northern extent of the Aarnivalkea West target area. Five holes have so far investigated the updip and strike extent of disseminated, bulk-tonnage gold mineralization, as well as for the presence of parallel zones near hole 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). Holes were designed to systematically test the Koivu zone on 50-metre stepouts, covering an approximately 250-by-100-metre footprint to a depth of approximately 300 metres. Results from these holes will be used to better evaluate the continuity of gold mineralization at the Koivu zone.

Core samples from the first two holes have been submitted to the lab for assay analyses, and results are pending. Data from all phase 1 drill holes will be used to inform additional larger stepout holes in a proposed phase 2 drill program.

Target generation update

A base of till drill program is scheduled to commence in the coming weeks. 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, eastern and northern extent of the broad Aarnivalkea West anomaly. Results from the BoT program will be used to refine new drill targets.

About Valkea Resources Corp.

Valkea Resources at the forefront of gold exploration in Finland's highly prospective central Lapland greenstone belt. 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, 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.

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