Mr. Allan Frame reports
BEYOND MINERALS PROVIDES 2026 EXPLORATION PROGRAM UPDATE
Beyond Minerals Inc. has successfully completed the first phase of field work at both the Ear Falls and Rare One exploration projects. Across the two programs, field crews collected approximately 600 samples, all of which have now been delivered to the laboratory and are pending assay results.
- Ear Falls project: 552 biogeochemical (spruce tree tip) survey samples;
- Rare One project: 24 stream sediment and 21 rock samples.
Allan Frame, chief executive officer of Beyond, commented: "We are very pleased that we have completed two programs this early in the field season. As we are waiting for the results from the Ear Falls and the Rare One projects, we will begin our exploration work at the Owl Creek project in the first week of July. These programs reflect our disciplined, geology-driven approach to advancing multiple assets while maintaining strict budget control. We are well positioned to generate a steady pipeline of results over the next few months."
Rare One project 2026 exploration program
The 6,500-hectare Rare One project is located near Invermere, B.C. Historical work completed by Gifford in 2006 and 2008 reports identified elevated La, Nd, and Ba in soil geochemistry and heavy-mineral-concentrate samples, with abundant monazite grains indicating REE (rare-earth element) potential in the area. In addition, the soil sampling outlined a six-kilometre northwest-southeast anomaly subparallel to regional stratigraphy and coincident with the Fenwick sill.
The 2026 program was designed to test whether the Fenwick sill exhibits geochemical signatures consistent with the historical anomalies and whether it represents a coherent geological source for REE enrichment across the property.
A total of 24 stream-sediment samples and 21 rock samples were collected across the property's drainage network to help establish vectoring toward the potential source of the elevated rare-earth element values identified in historical soil surveys. In addition, several samples were taken directly from the Fenwick sill to evaluate whether the intrusion is geochemically correlated with the anomalous rare-earth mineralization observed in the area.
Ear Falls project 2026 exploration program
The 3,250 ha Ear Falls project is located 15 minutes north of Ear Falls, Ont. Spodumene-bearing pegmatites discovered in 2023 define the Wenasaga North zone, traced over 1.5 kilometres on surface within a broader 13 km structural corridor associated with the Wenasaga Batholith-interpreted as the fertile peraluminous granite source for LCT type pegmatites in the area.
The 2024 biogeochemical survey proved highly effective, successfully outlining the Wenasaga North zone and delineating an additional target for follow-up. Building on this success, the 2026 program is designed to expand coverage and evaluate the potential for buried lithium-cesium mineralization along the 13-kilometre structural corridor.
The 2026 biogeochemical survey comprises 552 samples collected along 29 grid lines totalling 14 kilometres, covering both the northeastern and southwestern portions of the project. Certain areas were temporarily inaccessible due to washouts caused by heavy snowmelt early in the season. An expansion of the program will be evaluated once assay results from this first phase have been received.
Equity award grant
The company has granted one million incentive stock options, five million share appreciation rights (the SARs) and 2.56 million restricted share units (the RSUs) to certain directors, officers and consultants of the company. The options and SARs shall vest in four equal tranches of 25 per cent each on Oct. 6, 2026, Jan. 6, 2027, April 6, 2027, and July 6, 2027, respectively. Each option, upon vesting, is exercisable to acquire one common share in the capital of the company at an exercise price of five cents per share for a period of two years from the date of grant, expiring on July 6, 2028. Each SAR, upon vesting, shall entitle the holder to receive that number of common shares equal to a fraction, the numerator of which is the market price of the common shares on the settlement date minus an exercise price of five cents per share and the denominator of which is the market price on the settlement date, for a period of two years from the date of grant, expiring on July 6, 2028. The RSUs shall vest in four equal tranches of 25 per cent each on the date of grant, Oct. 6, 2026, Jan. 6, 2027, and April 6, 2027, respectively, and, upon vesting, each RSU shall entitle the holder thereof to receive one common share.
All grants of options, SARs and RSUs are subject to the company's omnibus equity incentive plan, which was reapproved by shareholders at the company's annual general and special meeting of shareholders held on Dec. 18, 2025. A copy of the equity incentive plan is included in the company's management information circular in respect of the meeting dated Nov. 10, 2025, available via the company's profile on SEDAR+.
Qualified person and third party data
The scientific and technical information in this news release has been reviewed and approved by Lawrence Tsang, PGeo, vice-president, exploration, of the company. Lawrence Tsang is a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. The potential grades of exploration targets disclosed in this news release are conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
About Beyond Minerals Inc.
Beyond Minerals is a critical minerals exploration company with the Ear Falls spodumene-bearing pegmatite exploration project in Ontario and two exploration projects in British Columbia exploring for rare earths and base metals. Beyond Minerals is advancing the projects with its exploration team. The company will continue to seek to stake, to acquire, or to option other properties to expand the company's portfolio. Also, Beyond will seek for potential joint ventures partner on projects as it is a source of non-dilutive working capital through partner-financed exploration and long-term residual exposure to exploration success.
We seek Safe Harbor.
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