Mr. Peter Berdusco reports

CANADA ONE RECEIVES 5-YEAR DRILL PERMIT FOR COPPER DOME PROJECT

The British Columbia Ministry of Mining and Critical Minerals has issued a five-year exploration drilling permit for Canada One Mining Corp.'s 100-per-cent-owned flagship Copper Dome project in Princeton, B.C.

Peter Berdusco, president and chief executive officer of the company, commented: "This represents a significant milestone for Canada One and now allows us to fully explore the Copper Dome project through to discovery. We look forward to our next steps in exploration, specifically, in defining our drill targets at the newly identified Boundary zone."

Historical drilling

Diamond drilling by the company in 2007 at the Friday Creek zone, located in the northwestern section of the property, returned the following highlighted intercepts (assessment report 33853):

• DDH FC-11: 156 metres of 0.09 per cent copper, including 10 metres of 0.7 per cent copper and 0.8 gram per tonne gold;
• DDH FC-12: 42 metres of 0.28per cent copper, including six metres of 1.5 per cent copper and 0.7 gram per tonne gold.

Diamond drilling by the company in 2010 and 2011 at the Combination Creek zone, located in the northeastern section of the property, returned the following highlighted intercepts (assessment report 33070):

• DDH PT-10-01: 50 metres of 0.15 per cent copper, including 12 metres of 0.28 per cent copper;
• DDH PT-10-02: 45 metres of 0.17 per cent copper, including 10 metres of 0.44 per cent copper;
• DDH PT-11-18: 102 metres of 0.14 per cent copper, including six metres of 0.29 per cent copper.

Boundary zone

The newly identified Boundary zone, discovered during the company's 2023 exploration fieldwork, will be the primary focus of the company's drill targeting. The planned coming 2025 field season will identify and prioritize specific targets based on geological, geochemical, geophysical and structural data. The zone is located roughly 1.5 kilometres from Hudbay Minerals' Copper Mountain mine superpit and 500 metres northwest of the Combination Creek historical drilling.

Prior drilling was performed to the standards at the time and are considered historical in nature.

About Canada One Mining Corp.

Canada One is a resource exploration company operating in Canada. From exploration to discovery to resource development, the company is focused on creating growth and generating value for its investors and communities as it meets the growing global demand for critical metals. Copper Dome is the company's flagship project with its northern border situated 1.5 kilometres from Hudbay Minerals' Copper Mountain mine deposits.

About the Copper Dome project

The project lies within the lower portion of the Quesnel Trough porphyry belt, a well-established mining district. The belt extends north from the Copper Mountain mine, through the Elk, Brenda, Craigmont, Highland Valley and New Afton mines. Previous drilling on the property has confirmed the presence of high-grade copper associated with northeast-running geological structures similar to those seen at the Copper Mountain mine:

• Past exploration has identified the presence of copper, palladium, platinum and gold mineralization on the property;
• Multiple zones of mineralization have been discovered on the property to date;
• Excellent infrastructure provides year-round access with low-cost exploration and low jurisdictional risk;
• Past exploration -- airborne magnetics, electromagnetics (EM) and 51 kilometres of induced polarization (IP) surveyed over areas of interest; 2,253 soil and 378 rock samples collected; and over 8,900 metres of diamond drilling and over one kilometre of trenching performed.

Acknowledgment

Canada One acknowledges that the Copper Dome project is located within the traditional, ancestral and unceded territory of the Smelqmix people. The company recognizes and respects the Smelqmix people's cultural heritage and relationship to the land, honouring their past, present and future.

Qualified person

The technical information contained in this news release has been reviewed and approved by Freeman Smith, PGeo, a qualified person for the purposes of National Instrument 43-101.

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