File: '\\swfile\EmailIn\20260805 170035 Attachment 260803 lincoln placer sale.docx'

BUILDING SHAREHOLDER VALUE

Copper the Worlds Critical Metal

Doug Unwin, CEO & President

doug.unwin@geologicaresource.com

(604) 762-5355

Geologica Resource Corp.

Suite 1111, 1100 Melville Street

Vancouver, Canada, BC, V6E 4A6

GEOLGICA SIGNS DEFINITIVE AGREEMENT FOR SALE OF LINCOLN PLACER GOLD CLAIMS

August 5, 2026 - Geologica Resource Corp. ("Geologica" or the "Company") (CSE:GRCM; FRANFURT: 862) is pleased to announce the company has entered into a definitive agreement to sell the Lincoln Placer Gold claims.

Geologica Subsidiary LPGC Mining Corp. (the "Seller") has entered into definitive agreement dated July 30, 2026, (the "Sale and Purchase Agreement") to sell a 100% interest in placer mining claims in the Atlin mining district of British Columbia. The placer claims, colloquially known as the Lincoln Claim, Atlin Mining Division, located in or about Atlin, British Columbia Canada, is comprised of the claim listed below totalling 471.87 hectares (the "Property", "Lincoln Property" or "Lincoln Creek").

Tenure Number

Claim Name

Tenure Type

Good to Date

Mineral Titles Client Number

Owner Name

Percent Ownership

1121513

Lincoln

Placer

9/9/2026

292335

LPGC Mining Corp.

100

The terms of the Sale and Purchase Agreement specify that the Purchaser pay to the Seller $100,000 on entering into the Sale and Purchase Agreement. Upon receipt of the $100,000 payment, and execution of the Sale and Purchase Agreement, the Seller shall transfer the Property to the Issuer subject to the agreed 2% NSR and any other terms set out in the Sale and Purchase Agreement.

Pursuant to the Sale and Purchase Agreement, the Purchaser and Seller acknowledge that, on commencement of commercial production, either from mining operations conducted by the Purchaser, a third-party lease or under a streaming agreement or other business arrangement the gold production from the Property will be subject to a net smelter royalty (NSR) of 2% payable to the Seller. Commercial production does not include bulk sampling or any gold production from exploration drilling or trenching or other exploration work. The Purchaser may purchase 1% of the NSR for $1,000,000 paid to the Seller up to 6 months prior to the beginning of commercial production and the remaining 1% on terms to be decided.

The company entered into the sale of the Lincoln Property as it was determined to be a non-core asset and the proceeds from the sale would improve the Company's working capital balance.

Further information on Geologica Resource Corp. can be found on the Company's website

https://geologicaresource.com/ and on SEDAR at https://www.sedarplus.ca

Doug Unwin

President & CEO

(604) 762-5355

doug.unwin@geologicaresource.com

Forward-Looking Statements

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "ensuring", "believe", "anticipate", "will", "would" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, this news release contains forward-looking information pertaining to the Company's plans and objectives with respect to the Topley Project. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, failure to obtain all necessary regulatory approvals, risks and uncertainties inherent in the exploration and development of mineral properties, and other risk factors set forth in the long-form prospectus of the Company dated July 22, 2022 under the heading "Risk Factors", a copy of which is available on the Company's SEDAR profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.