Mr. Darrell Rader reports

MINAURUM ANNOUNCES CLOSING OF LONE MOUNTAIN CRD PROJECT ACQUISITION

Minaurum Gold Inc., further to its news releases dated Oct. 2, 2024, and June 3, 2025, has closed its acquisition of a 100-per-cent registered and beneficial interest in the Lone Mountain carbonate replacement deposit (CRD) project, located on the Battle Mountain-Eureka trend in Nevada, pursuant to the option agreement with Nevada Zinc Corp., dated July 24, 2024, as amended.

In consideration of the acquisition, Minaurum issued 3,846,893 common shares to Nevada Zinc and paid a cash fee of $100,000. The payment shares are subject to: (a) a four-month-and-one-day statutory hold period in accordance with applicable securities laws; and (b) a contractual restriction on transfer, pursuant to which Nevada Zinc may not sell more than 500,000 payment shares per week following expiry of the statutory hold period.

Minaurum is an Americas-focused explorer concentrating on the high-grade, 100-per-cent-owned, production-permitted Alamos silver project in southern Sonora, Mexico, and the Lone Mountain CRD project in Nevada. Minaurum is managed by one of the strongest technical and finance teams, and will continue its founders' legacy of creating shareholder value by acquiring and developing a pipeline of Tier 1 precious and base metal projects.