Mr. Bryson Goodwin reports

AIRBORNE GEOPHYSICAL SURVEY

Stamper Oil & Gas Corp. has released the results from the company's 2024 airborne geophysical Redonda copper-molybdenum-rhenium exploration program.

Comments from president and chief executive officer Bryson Goodwin:

"I am delighted to share the highly valuable results of our recent airborne geophysical survey which define priority targets for future drilling.

"The Redonda survey block was flown at 50 m line spacing at a heading of 045 degrees/225 degrees, the tie lines were flown at 500 m spacing at a heading of 135 degrees/315 degrees. The survey ground clearance was 50 m constant height above ground level for a total of 637 line km.

"Precision GeoSurveys flew the survey using an Airbus AS350 helicopter, registration C-GSVY. The survey aircraft was equipped with a data acquisition system, GPS navigation system, pilot guidance unit (PGU), laser altimeter, triple magnetic gradient boom system, fluxgate magnetometer, gamma ray spectrometer, barometer and temperature/humidity probe. In addition, two magnetic base stations were used to record temporal magnetic variations."

The geophysical and radiometric data collected was reported in several formats. Digital files have been provided in three formats:

• GDB file for use in Geosoft Oasis Montaj;
• XYZ file;
• CSV Excel comma-separated file.

As well the data were reported in grid map formats in various digital output formats including KMZ, GeoTIFF, JPEG and PNG. The maps include data points as shown in a table in the original news release.

For the purposes of this survey, airborne total magnetic, gradient magnetic and radiometric data were collected to serve in geological mapping and optimize the location of future drill sites. The magnetic data show strong correlation with well-defined geological domain boundaries and mapped contacts. There is a distinct northeast-southwest major fault zone on the southeast of the known mineralized trend with apparent right lateral offset. This is orthogonal to the dominant northwest-southeast topographic and geological regional grain of the coast area.

A visual review of the GeoTIFF formatted airborne magnetic and radiometric survey maps, which were underlain in QGIS software below some of the historical data, including the 1979 and 2023 drilling and the 2013 geology plus the topography and more has noted several observations.

In the RTP (reduced to pole magnetic intensity) map the historical mapping and drilling are in an area of generally high magnetic intensity. The calculated vertical gradient is a map that emphasizes the rate of change of the magnetics between locations. This calculation often makes geological contacts, alteration bands and faults more obvious and is included here to reinforce the observations noted on the RTP maps.

The regional trends of the RTP data show two generally intersecting sets of magnetic trends that are depicted in the figure of the airborne magnetics (RTP) with lineaments. One regional set is northeast-southwest trending of generally magnetic lows. These lows are likely faults and/or geological contact related zones, which in the southeastern part of the property is often mimicked by the topography, especially creeks. The other set of trends are northwest-southeast trending. This trend is similar to the regional geology of the Coast Mountain batholith locally and some regional faults in the area that follow main channels of the coast between islands.

There are several magnetic lows, often circular, within this area that in one location is virtually on top of a unit mapped as quartz diorite porphyry (QDP) in 2013. This suggests that this QDP unit is low in magnetic minerals, likely little magnetite compared with the surrounding units. The other similar closed lows in the area may also have a similar geological unit underlying them which could correlate with irregular primary barren intrusives characterized by primary biotite.

The potassium counts, as well as calculated uranium and thorium counts, are collected by the gamma ray spectrometer. Potassic alteration (a potassium high) is one the major alteration phases when exploring for porphyry copper-molybdenum deposits. In the local area around the drill holes, potassic alteration shows general arcuate shapes to many of the highs. There is a local potassic low to the east and south of the historical drill holes as seen in the airborne radiometrics -- potassium counts figure. The 2013 geological mapping notes much of this potassic low area is underlain by the quartz diorite altered unit. This unit is noted in 2013 as "altered quartz diorite with disseminated pyrite and fine magnetite, chalcopyrite, pyrite, and molybdenite in fractures and quartz veins.. This is a priority target for future drilling.

This potassic data near the drill holes does not follow the 2013 geological units well reflecting the fact that potassium locally is largely an alteration phase, but given its shape it likely reflects an underlying intrusive unit or former volcanic feeder chamber. This shape is generally seen in the RTP magnetic data. The drill holes were all collared on an arcuate area of enhanced but not high potassic counts related to the edge of this potassic low. This result may reflect potassic highs at depth and is also a priority target for future drilling.

Potassium is often deposited in areas of higher temperature hydrothermal fluids. The other outer edges of this local potassic low may be prospective for copper-molybdenum porphyry mineralization also. As you zoom out of the historical drill area and potassium low, the outer potassium highs more generally reflect the same northeast-southwest and northwest-southeast trends seen in the magnetic data, consistent with the regional geology.

All detectable gamma radiation from Earth materials comes from the natural decay products of three primary radioelements: U (uranium), Th (thorium) and K (potassium). Each individual nuclear species (element) emits gamma rays at one or more specific energies. Of these elements, only potassium (40K) emits gamma energy directly, at 1.46 MeV. Uranium (238 U) and thorium (232 Th) emit gamma rays through their respective decay series; 214 Bi at 1.76 MeV for uranium and 208 Tl at 2.61 MeV for thorium. Accordingly, the 214 Bi and 208 Tl measurements are considered equivalents for uranium (eU) and thorium (eTh), as the daughter products will be in equilibrium under most natural conditions.

The radiometric results for potassium are particularly instructive for vectoring of alteration associated with secondary biotite and K-spar associated with mineralization. There is a distinct secondary trend to the south-southeast from the known copper/moly zone defined from current drilling. This is a high-priority target for future drilling.

About Redonda

The project comprises nine claims totalling 2,746.46 hectares and is located 40 kilometres northeast of Campbell River, B.C. Redonda is easily accessed with year-round regularly scheduled barge service out of Campbell River via Marinelink or other contract barging. Access from Redonda Bay is by five km of recent upgraded logging road. Logging is continuing and assures a well-maintained complex of forest service roads across the claims. Work proceeded in 2021 under a letter of support from the Klahoose first nation within their traditional territory and free use permit, drill permit, and IP exemption from the Ministry of Energy, Mines and Low Carbon Innovation (EMLI). Continuing consultation has concluded with the Homalko first nation and a permit for additional drill sites is being issued.

The regional setting of the Redonda property is part of the Coast Suture zone between the Wrangellia Terrane and the Coast Plutonic complex. In the claims area, Early Cretaceous dioritic intrusive rocks of the Coast Plutonic complex have been intruded by at least three or more later intrusive units, including a quartz plug, previously interpreted wide hornblende dike which is locally brecciated over its 600-metre exposed length and several smaller feldspar dikes which cut dioritic rocks near the southwest margin of the previously interpreted hornblende-rich body. Higher concentrations of copper-molybdenum mineralization are closely associated with the hornblende dike, particularly in areas where it has been brecciated. The geological setting of the mineralization on the Redonda mineral claims share a number of features similar to those observed at the OKover copper-molybdenum porphyry deposit located 34 km to the southeast, north of Powell River and the Gambier Copper deposit in Howe Sound.

QA/QC (quality assurance/quality control)

Precision GeoSurveys flew the survey using an Airbus AS350 helicopter, registration C-GSVY. The survey aircraft was equipped with a data acquisition system, GPS navigation system, pilot guidance unit (PGU), laser altimeter, triple magnetic gradient boom system, fluxgate magnetometer, gamma ray spectrometer, barometer and temperature/humidity probe. In addition, two magnetic base stations were used to record temporal magnetic variations.

Analytical work for samples was completed by ALS Canada Ltd. an ISO/IEC 17025 2017 accredited lab, with sample preparation and geochemical analyses in North Vancouver, B.C. Core samples were fine crushed before a 250-gram split was pulverized to better than 85 per cent passing 75 micrometres. Gold was determined for core samples by the PGM-ICP24 procedure which involves fire assay preparation using a 50-gram charge with an inductively coupled plasma-atomic emission spectroscopy finish (ICP-AES). Multielement data for 48 elements were determined for all samples by the ME-MS61 procedure, which involves a four-acid digestion followed by ICP-AES and inductively coupled plasma-mass spectrometry.

Rigorous procedures are in place regarding sample selection, collection, chain of custody and data entry. Certified assay standards and blanks are routinely inserted into the sample stream of diamond drill samples to ensure integrity of the assay process. All diamond drill samples referenced in this news release have passed the QA/QC procedures as described above. Core was sampled using a manual splitter, with half of each interval sent to the lab for analysis and the other half retained with sample intervals marked on the boxes.

Qualified person

The technical disclosure in this release has been read and approved by J. T. Shearer, MSc, DIC, PGeo (British Columbia and Ontario), a qualified person as defined in National Instrument 43-101. Mr. Shearer is not arm's length for Stamper.

About Stamper Oil & Gas Corp.

Stamper Oil & Gas is an energy-commodity-focused resource company, seeking to acquire interests in mineral, and/or oil and gas resource properties focused on energy creation, storage or delivery. The company is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.

We seek Safe Harbor.