Mr. Jordan Pandoff reports

LUMINA METALS COMMENCES PRE-FEASIBILITY STUDY FOR THE NOWA SOL COPPER-SILVER PROJECT WITH FLUOR CORPORATION

Lumina Metals Corp. has formally commenced the National Instrument 43-101-compliant prefeasibility study (PFS) for its flagship Nowa Sol copper-silver project located in western Poland.

The PFS will focus on optimizing the overall project development plan and refining the key technical and economic parameters for the Nowa Sol project, including mining methods, shaft sinking and underground infrastructure, metallurgical processing, tailings management, power supply, logistics, permitting integration, capital expenditures, operating costs and overall execution planning. The study is expected to be completed in two phases, consisting initially of alternatives analysis and trade-off studies, followed by refinement and advancement of the selected development plan.

The company expects the PFS work program to run concurrently with continuing drilling activities, environmental baseline studies, hydrogeological work, permitting initiatives and regional stakeholder engagement efforts in Poland.

The study is being led by Fluor Corp., a leading U.S.-based engineering, procurement, construction and maintenance firm, through its global underground mining team based in South Africa, together with its established operations in Gliwice, Poland. Completion of the PFS is targeted for the second half of 2027.

"We are pleased to be advancing the Nowa Sol project into the prefeasibility stage with the support of Fluor and its globally experienced underground mining team," said Jordan Pandoff, chief executive officer of Lumina Metals. "This work represents an important step in further evaluating and refining the project's development approach as we continue to advance technical studies, permitting, stakeholder engagement and regional exploration activities in Poland."

About Lumina Metals Corp.

Lumina Metals is a mineral exploration and development company advancing three copper and silver projects in southwestern Poland with sediment-hosted Kupferschiefer-type deposits. Lumina's portfolio includes the Nowa Sol, Sulmierzyce and Mozow projects, which collectively represent one of the most significant copper-silver discoveries in Europe in recent decades. The company has operated in Poland since 2011 with a dedicated in-country team.

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