Mr. Darren Blasutti reports

MINING AMERICAS INC. REPORTS SECOND QUARTER 2026 GOLD PRODUCTION

Mining Americas Inc. has released preliminary production results for the three months ended June 30, 2026, from the company's 100-per-cent-owned Pan gold mine in White Pine county, Nevada. All amounts are stated in U.S. dollars unless otherwise stated.

Mining Americas chief executive officer Darren Blasutti commented: "Second quarter gold production of 8,137 ounces was on budget for our 2026 mine plan at the Pan mine, and represents 16,871 ounces of gold production year to date. Since introducing the new mining contractor at the start of the year, mining rates at Pan successfully ramped up to over 80,000 tonnes per day, as compared with 55,000 tonnes per day previously. As a result, we look forward to higher gold production in the second half of 2026, in line with our budget. The Pan mine also recently achieved an important milestone of five years with no lost-time incidents, which is a testament to the operating team's daily commitment to safety."

The Pan mine produced 8,137 ounces of gold and sold 8,249 ounces in second quarter 2026, in line with the company's budget. As previously reported, the new mine plan adopted in early 2026 required additional pushbacks near the limits of mineralized zones, resulting in a modest decrease in mined grade and associated gold production for Q2 2026.

The new mining contractor started on site at the Pan mine at the start of 2026, and, by the end of Q2 2026, had ramped up to a mining rate of over 80,000 tonnes per day, as compared with approximately 55,000 tonnes per day previously.

Gold production in the second half of 2026 is anticipated to be higher than the first half, benefiting from higher mining rates as well as increased waste stripping completed in Q2 2026. Production guidance for the full-year 2026 remains unchanged at between 32,000 and 38,000 ounces of gold.

The Pan mine recently achieved an important milestone of five years with no lost-time incidents, which is a testament to the operating team's daily commitment to safety.

The company's unaudited cash balance was $44-million as of June 30, 2026, compared with $46-million on March 31, 2026. In addition to increased waste stripping in the quarter, certain non-recurring items impacting the cash balance included an annual income tax instalment and a bonding payment for the Gold Rock project. In addition, project expenditures on the company's Copperstone project ramped up in Q2 2026. The company anticipates releasing full operational and financial results for Q2 2026 in mid-August, 2026.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by president and chief operating officer Darren Koningen, PEng, who is the company's qualified person under National Instrument 43-101.

About Mining Americas Inc.

Mining Americas (formerly Minera Alamos Inc.) is a growing North American gold production and development company with projects in Nevada, Arizona and Mexico. The company owns the Pan operating complex in White Pine county, Nevada, composed of the producing Pan mine and the adjacent permitted Gold Rock project.

The company also owns the Copperstone project in La Paz county, Arizona, a permitted, advanced underground gold project. The company maintains a portfolio of high-quality Mexican assets, including the Cerro de Oro project, an open-pit heap leach gold development project in northern Zacatecas.

The company's strategy is to become a leading, United States-focused intermediate gold producer by increasing production at its Pan operating complex and developing its pipeline of high-quality, low-capital projects while expanding gold resources across its portfolio.

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