Mr. Peter Shippen reports

PARAGON ADVANCED LABS ESTABLISHING SAMPLE PREPARATION FACILITY IN THUNDER BAY, ONTARIO

Paragon Advanced Labs Inc. has established a new sample preparation facility in Thunder Bay, Ont. This expansion is a direct result of a key client contract and additionally strengthens the company's footprint in Canada.

The new facility is designed to provide ease of access for mining and exploration companies to access to the company's PhotonAssay, fire assay and geochemical services across North America.

This location will simplify logistics and enhance service capabilities for regional clients and can expand to fulfill additional client demand.

"This new facility is a direct result of client conversations and our response to increased sample flow from the region," said Peter Shippen, chief executive officer at Paragon. "We will continue to respond to our customers' needs by rapidly deploying sample prep facilities to grow our hub-and-spoke lab model."

Offering PhotonAssay services in Ontario, British Colombia and Nevada; Paragon is closely partnering with clients with the goal of offering superior turnaround times and better access to data.

In addition to geochem, fire assay and PhotonAssay, Paragon now offers near real-time geoanalytics with its deployment of Veracio's core scanning technology in its laboratory in Surrey, B.C.

About Paragon Advanced Labs Inc.

Paragon Advanced Labs provides innovative analytical technologies to the global mining industry. By embracing new technology, the company is addressing critical capacity bottlenecks in mineral assaying through the deployment of PhotonAssay technology and complementary analytical solutions. The company delivers faster, more accurate and cost-effective mineral analysis for mining operators worldwide.

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