Mr. Rob Gamley reports

KIPLIN METALS COMPLETES MOBILE MT SURVEY AT LLOYD LAKE PROJECT IN ATHABASCA BASIN, SAKSATCHEWAN

Kiplin Metals Inc. has completed a heliborne mobile magnetotellurics survey over its wholly owned Lloyd Lake uranium project, just south of the Athabasca basin. A total of 436 line kilometres were completed with 100-metre line spacing. An interpretation of the data clearly delineated the primary exploration zone, which is a northeast-trending multikilometre-long magnetic low, interpreted as a subsurface fault or fold. Mobile MT survey data have an effective depth of penetration of up to one kilometre, providing high-resolution data at shallower depths. Kiplin Metals is currently in the process of integrating historic data sets with the MT data with the intention of defining diamond drilling targets.

Rob Gamley, chief executive officer of Kiplin, stated: "The company is pleased to have completed its first work on our Lloyd Lake project, located on the southern lip of the Athabasca basin in Northern Saskatchewan. We intend to use the results of this survey and historic data compilation to define priority drill targets on the property."

The company is pleased to announce the appointment of Jonathan Kottmeier as manager, investor relations.

Mr. Kottmeier has experience as an external investor relations and marketing team member with a number of resource exploration and development companies. He brings a deep knowledge of digital marketing, and merges both artificial intelligence and traditional investor relations to reach the broadest possible audience.

About the Lloyd Lake project

The Lloyd Lake uranium project spans 6,177 hectares and is situated 27 kilometres south of the southern boundary of the Athabasca basin. The project has undergone extensive exploration programs, most notably in 2022, with investigations including sediment sampling, airborne magnetics and ground induced polarization surveys. The key exploration zone is an eight-kilometre corridor characterized by a magnetic low, which aligns with a structural break, a locale where anomalous radioactivity has been detected. Access to the project is optimal, facilitated by a provincial highway and well-maintained roads and trails.

Qualified person

Dr. Peter Born, PGeo, a director of the company, is the designated qualified person as defined by National Instrument 43-101, and is responsible for, and has approved, the technical information contained in this release.

About Kiplin Metals Inc.

Kiplin is a mineral exploration company. It creates value for its shareholders by identifying and developing highly prospective mineral exploration opportunities. Its strategy is to advance its projects from discovery to production, allowing Kiplin to achieve exceptional shareholder value through the entire life cycle of mining.

We seek Safe Harbor.