Mr. Murray Nye reports

DEMESNE RESOURCES LTD. APPOINTS INDUSTRY VETERAN TAYLOR SULIK TO ITS STRATEGIC ADVISORY BOARD

Demesne Resources Ltd. has appointed defence and mining industry veteran Taylor Sulik as strategic adviser to the company, effective immediately.

Demesne's chief executive officer, Murray Nye, commented: "We're very fortunate to have a proven defence and mining professional of Taylor's calibre in our corner. His background in U.S. [United States] intelligence and the fact that he has also been working on reshoring critical-mineral production in the U.S. warrant a warm welcome from everyone at Demesne. That level of in-the-trenches experience is of particular value to our plans to form strategic partnerships with key U.S. defence sector players, and explore and develop the past-producing tungsten IMA mine in Idaho."

Mr. Sulik is a seasoned U.S. intelligence and security professional, having greater than seven years of experience with the United States Coast Guard across a variety of security and intelligence roles. In addition, he is president of Mithril Mining & Exploration, a mining company focused on identifying, prospecting, exploring and developing U.S.-based critical-mineral deposits to further promote the reshoring of American critical-mineral mining. Mr. Sulik has also served in a variety of strategy, operational and intelligence roles for Windwalker Group, Hewlett Packard Enterprise and Allied Universal. He is also currently pursuing his master's degree at the Naval War College in Newport, R.I., focusing his research and studies on national defence and strategic studies.

About Demesne Resources Ltd.

Demesne Resources is a British Columbia-based company involved in the acquisition and exploration of magnetite mineral properties. The company's Star project consists of five contiguous mineral titles covering an area of approximately 4,615.75 hectares located in the Skeena mining division, British Columbia, Canada. The company has entered into an option agreement, pursuant to which it is entitled to earn an undivided 100-per-cent interest in the Star project. Demesne has also entered into an option agreement, pursuant to which it can acquire a 100-per-cent interest (subject to a 2-per-cent royalty) in and to the IMA mine project, a past-producing underground tungsten mine situated on 22 patented claims located in east-central, Idaho, United States.

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