Mundoro Reports Progress on Exploration Programs and Financial Results

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“All sampling and analytical work has been carried out under the supervision of the Qualified Person and in accordance with industry standard practice. Drill core was cut in half by diamond saw, with one half submitted for analysis and the other retained on site for reference. Samples were prepared and analysed by ALS-Bor (Serbia), Rosia Montana (Romania), Loughrea (Ireland), which is independent of the Company and accredited to ISO/IEC 17025. Multi-element analyses, including copper, were completed by ME-MS61L method after four-acid digestion and achieved via ICP-MS, and gold by Au-AA24 method by fire assay of 50 g sample and AAS finish, with over-limit results re-assayed by GRA22 for Au and OG62 method for multi-element analysis. Certified reference materials and blanks were inserted into the sample stream at a rate of one in every 20 samples alternating, and field duplicates were inserted into the sample stream at a rate of one in every 25 samples, in addition to the laboratory's internal quality control procedures. All quality control results were reviewed by the Qualified Person and were found to be within acceptable limits.”

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“The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information has been reviewed and approved by Humberto Brockway, EurGeol, a Qualified Person as defined by NI 43-101 and Director of Exploration to the Company.”

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“Intervals are downhole lengths; true widths are not known at this time.”

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“Dashes denote values below the reporting threshold for that element.”

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“Target Refinement & Drill Proposals:Established formal drill proposals targeting three prospective areas: Borsko — Integration of early veinlets stockwork, cross-cutting relationships, and alteration data from relogging with geochemical and geophysical datasets to refine Target 1 and delineate potential porphyry source to the southeast. Skoursa East — Evaluation of alteration and geochemical vectors indicating a concealed porphyry center at depth to the southeast, beneath established advanced argillic assemblages. Skorusa West — Establishing a vector to a potential potassic zone to the northwest and at depth, supported by observed porphyry-style mineralization and geochemical signatures.”

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“Upon completion of internal QA/QC validation, the Company confirmed that although no economic-grade intervals were identified, the full assay suite for the Skorusa East campaign provided valuable geological insights”

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“While these intersections do not represent economic mineralization, they serve as important indicators for target refinement. Specifically, the increasing copper tenor, elevated Cu/Zn ratios at depth, and persistent chalcopyrite below 400 m in 26-SKO-09 support the Company’s model: that current drilling has tested the lithocap and peripheral alteration zones of a porphyry system, leaving the potassic core untested. Integrating these findings with historical alteration data from Skorusa East has successfully established a prospective vector southeast of hole 26-SKO-09.”