Mr. Richard Penn reports

QMET CONFIRMS SECOND MAJOR NATURAL HYDROGEN DISCOVERY IN NOVA SCOTIA'S SPRINGHILL AREA - SOIL GAS SAMPLES UP TO 1,652 PPM

Q Precious & Battery Metals Corp. has confirmed a second major natural hydrogen discovery in Nova Scotia. Building on its breakthrough results in the Apple Shulie corridor, Q Precious & Battery Metals and its partners -- Quebec Innovative Materials Corp. and Institut National de la Recherche Scientifique (INRS) -- have now identified a significant new zone in the Springhill area.

The Springhill program collected 230 soil gas samples, returning 17 results above 400 parts per million hydrogen (H2), including three over 700 ppm (750 and 778) and a peak of 1,652 ppm.

These findings complement Quebec Innovative Materials's recent discoveries and further reinforce Nova Scotia's emergence as a district-scale natural hydrogen hub in North America, while underscoring Q Precious & Battery Metals' expanding strategic footprint in this rapidly advancing sector.

Richard Penn, chief executive officer of Q Precious & Battery Metals, commented: "The confirmation of a second major hydrogen zone at Springhill is another milestone in establishing Nova Scotia as a natural hydrogen hub in North America. Despite a partial survey, the results are strong, and this discovery strengthens QMET's district-scale position. Alongside our partners QIMC and INRS, we are proud to be advancing exploration at the forefront of this new energy frontier, unlocking the full potential of this emerging resource."

Geological context

Q Precious & Battery Metals holds 31 licences along the northern margin of the Cumberland basin within the Springhill/Salt Springs/Oxford/Pugwash/Fox Harbour/Wallace region. The licences are generally located on the north limb of the Tetagouche syncline along steeply dipping faults generally located at the boundaries of horst-like uplifts or within axial zones of narrow anticlines that separate intervening synclines. Windsor Group sediments hosting thick interbeds of salt and evaporitic formation outcrop at the margins of the synclines.

At surface, the geometry of the individual synclines is further complicated by widely spaced north-to-northeast-trending faults and by isolated down-dropped basins that host the youngest formational units of the Pictou group. The northern limbs of synclines dipping steeply to the south appear as uplifted ridges exposing the basal units of Cumberland group (the Boss Point formation) and the underlying Windsor group. The fault contact below the Windsor group against the younger units of the adjacent syncline also dips to the south. The structural complexity of the area is the result of transpressional tectonic forces resulting in right lateral east-to-east-north-east-trending transcurrent faults with separated by local extensional regimes. This structural complexity is further modified by salt tectonic produced by mobilization of thicker salt-evaporite units by sedimentary deposition of thick Cumberland group clastic formations. The salt diapers are modified by developing develop lateral flows forming basins where salt is withdrawn and ridges where salt rises to surface by diapiric rise of salt.

The region hosting the Q Precious & Battery Metals licences has been explored for oil and gas potential reservoirs in the past decade. Considerable reflective seismic studies had been undertaken in the region. Several wells were drilled. These wells aided in identifying the strongest reflective horizons and correlating them to contacts between certain stratigraphic formational units. These reflective profiles provide additional information with respect to the underlying structures, which are now shown to differ substantially from what is seen at surface. Faults identified cutting formations are observed to stop at overlying formations. It is possible to reconstruct different deformational periods and different ages of faulting. These studies are preliminary but will be of great importance in extracting how fluids move in the basins and where reservoirs may form.

The best hydrogen values were measured in the Springhill area, where the Athol syncline is bent toward the north and terminated by a complex zone of faults that trend in a north-northeast direction. This Springhill structure appears to connect to the Oxford fault, which appears to be a crustal cutting fault that taps the composite basement formations containing basic volcanic and mafic intrusive units belonging to the Avalonian terrain.

Wildfire-related limitations

While wildfire alerts limited access to parts of the region, these early results already confirm Springhill as a second major zone. Q Precious & Battery Metals' partners, Quebec Innovative Materials and INRS, plan to return to the Springhill/Salt Springs/Oxford/Pugwash/Fox Harbour/Wallace corridor in the fall of 2025 to complete the survey.

About Q Precious & Battery Metals Corp.

Q Precious & Battery Metals is Canadian natural resource exploration company with 100-per-cent-owned mineral projects in Quebec and Nova Scotia targeting critical and precious metals as well as clean, natural white hydrogen. Flagship projects include the LaCorne South critical minerals project and the newly acquired Matane natural hydrogen project in Quebec and the Colchester natural hydrogen project in Nova Scotia in a collaboration with Quebec Innovative Materials.

Exploration work conducted on the Colchester project is overseen by Edward Procyshyn, PGeo, a qualified expert in hydrogen exploration, who has reviewed, read and approved the technical content presented in this press release. Mr. Procyshyn confirms that the methodologies employed, data presented and interpretations made conform to current industry practices and standards relating to hydrogen exploration.

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