Mr. Farhad Abasov reports

MILLENNIAL POTASH EXTENDS POTASH MINERALIZATION TO 120 METERS THICK AT ITS BANIO POTASH PROJECT IN GABON AS DRILLHOLE BA-006 IS PUSHED DEEPER

Millennial Potash Corp. has had additional drilling success at its Banio potash project in Gabon, where the extension of drill hole BA-006 at the north target intersected a further approximately 40 metres (m) of robust potash mineralization extending the cumulative potash mineralization to 120 m. Extended to a final depth of 735.32 m, BA-006 has now intersected approximately 120 m of cumulative potash mineralization -- an impressive increase from the approximately 80 m previously identified (see news release dated Aug. 26, 2026). This outstanding result further demonstrates the scale of the mineralized system and underscores the growing potential of the Banio potash project.

Farhad Abasov, Millennial's chair, commented: "We are delighted to report another highly encouraging drill result from the Banio potash project. The results from drill hole BA-006 are significant for several reasons:

1. BA-006 is the first drill hole to penetrate all known potash cycles in the area, supporting our interpretation that the evaporite sequence and potash mineralization thicken towards the west of the project area.
2. The drill hole has once again confirmed outstanding potash mineralization in the form of interbedded carnallitite and halite, including numerous thick carnallitite potash seams totalling approximately 120 m of cumulative potash.
3. BA-006 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 will be completed, providing a key foundation for the ongoing definitive feasibility study (DFS). The DFS remains on track for completion by the end of 2026."

Drill hole BA-006 is located approximately four kilometres (km) west of BA-001 and was designed to test both the westward continuation of potash mineralization intersected in BA-001 and its southward extension from BA-002. Preliminary logging indicates that BA-006 intersected approximately nine evaporite cycles (cycles II to X), with potash mineralization present in each cycle. Notably, BA-006 intersected cycles IX and X for the first time at the project, supporting the interpretation that potash mineralization thickens toward the west.

Review of the new BA-006 drill core confirms prominent horizontal bedding dominated by interbedded halite and carnallite. Preliminary logging estimates the cumulative thickness of the principal carnallitite seams at approximately 120 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 mineralization beyond the boundaries of the 2025 mineral resource estimate (MRE). The additional potash horizons identified in BA-006 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 potassium chloride (KCl), 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-006, once results from SRC have been received, may be incorporated into an updated MRE targeted for completion by the end of 2026 as part of the DFS.

Drilling is currently continuing at drill site BA-007, located to the northwest of BA-006. In addition, the top section of drill hole BA-008 has also been completed on site and is now ready to commence diamond coring once drill hole BA-007 has been completed.

The company continues to advance its definitive feasibility study on the Banio potash project, which is being expedited by Micon International, in partnership with Zenito Ltd. and Agapito Associates LLC. ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH will continue 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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