Mr. Farhad Abasov reports

MILLENNIAL POTASH CONTINUES TO EXPAND POTASH MINERALIZATION AS DRILLHOLE BA-007 INTERSECTS APPROX. 132M OF CUMULATIVE CARNALLITITE

Millennial Potash Corp. has had continued drilling success at its Banio potash project in Gabon, where drill hole BA-007 at the north target intersected approximately 132 metres (m) of robust cumulative potash mineralization. Drill hole BA-007, located approximately 2,400 m northwest of BA-006 and 2,600 m west of BA-002, was completed to a depth of 624.65 m. This encouraging result highlights the potential to expand the zone of potash mineralization at the project and potentially could add additional resources to the project.

Farhad Abasov, Millennial's chair, commented: "BA-007 delivers another encouraging drilling success at the Banio potash project and we are thrilled to share these results. Here's why they are significant:

1. BA-007 is the furthest west of all drill holes completed to date and the potash-rich evaporite salt sequence remains open to expansion in this direction.
2. The results of BA-007 with potash mineralization, in the form of interbedded carnallitite and halite, including numerous thick carnallitite potash seams, totals approximately 132 m of cumulative potash as carnallitite. This is one of the thickest intersections of potash mineralization intersected to date at the project and supports the geological model that the potash is thickening to the west.
3. BA-007 significantly expands the known potash footprint west of the current mineral resource estimate (MRE) area, bringing the mineralization closer to the planned processing facility and planned deepwater port sites.
4. Once all drill data have been interpreted and compiled, an updated MRE is expected to be completed, providing a key foundation for the ongoing definitive feasibility study (DFS)."

Drill hole BA-007 is located approximately 2.4 kilometres (km) northwest of BA-006 and was designed to evaluate both the northwest continuation of potash mineralization intersected in BA-006 and its western extension from BA-002. The main evaporite salt sequence was intersected at depth of approximately 334 m and continues to the end of the drill hole. Preliminary logging indicates that BA-007 intersected approximately five evaporite cycles (cycles 2 to 7), with potash mineralization present in each cycle.

Review of the BA-007 drill core confirms prominent horizontal and occasional slump bedding dominated by interbedded halite and crystalline carnallite and massive nodular carnallite with interstitial halite. Preliminary logging estimates the cumulative thickness of the principal carnallitite seams in all cycles at 131.96 m. Detailed core logging, final interpretation of the evaporite cycles and seam identification, and downhole geophysical logging are continuing. Core preparation and sampling are expected to be completed over the next several weeks, after which the samples will be submitted to the Saskatchewan Research Council (SRC) for analysis.

The phase 2 drilling program is designed to test the depth and lateral extent of potash-rich horizons and strengthen the geological understanding of potash mineralization beyond the boundaries of the 2025 mineral resource estimate (MRE). The additional potash horizons identified in BA-007 extend the known mineralized footprint to the west and could possibly in the future contribute further tonnage to the project's current resource base, which comprises a measured MRE of 648.2 million tonnes grading 15.7 per cent KCl (potassium chloride), an indicated MRE of 1.8 billion tonnes grading 15.6 per cent KCl and an inferred MRE of 3.56 billion tonnes grading 15.6 per cent KCl (see news releases dated Dec. 29, 2025, and Nov. 17, 2025). The geological results from BA-007, once results from SRC have been received, may be incorporated into an updated MRE targeted for completion as part of the DFS.

Drilling is currently continuing at drill site BA-008, located approximately two km to the south of drill hole BA-006. The top section of drill hole BA-008 has been completed and the drill hole is now ready to commence diamond coring in the next several days.

The company continues to advance its DFS, which is being expedited by Micon International, in partnership with Zenito Ltd. and Agapito Associates LLC. ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH continues to support the project providing geological expertise on the Gabon-Congo basin and drilling support with geology interpretations for the continuing drill program.

The technical information in this news release has been reviewed and approved by Peter J. MacLean, PhD, PGeo (Ontario), director of the company, who is a qualified person as that term is defined in National Instrument 43-101.

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