Prosper NWT is providing a C$3.8 million loan to help complete the acquisition from JFSL

Fortune Minerals Limited (TSX: FT,OTC:FTMDF) (OTCQB: FTMDF) (‘ Fortune ‘ or the ‘ Company ‘) ( www.fortuneminerals.com ) is pleased to announce that it has entered into a binding offer letter (the ‘Agreement’) for a loan with a principal amount of C$3.8 million from Prosper NWT, a public agency of the Government of the Northwest Territories (‘ GNWT ‘) established to support the economic objectives of the GNWT in a manner that benefits the people and economy of the Northwest Territories (‘ NWT ‘). The loan will enable Fortune to complete the purchase of the Lamont County, Alberta site (the ‘ Refinery Site ‘) and existing facilities from JFSL Field Services LLC (‘ JFSL ‘) where the Company plans to construct a hydrometallurgical facility to process concentrates from the NICO cobalt-gold-bismuth-copper mine in the NWT, and make value-added critical mineral products for the energy transition, new technologies and defense.

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Pursuant to the Agreement, which was entered into between Prosper NWT and Fortune Minerals Alberta Inc. (‘ Fortune Alberta ‘), a wholly owned subsidiary of Fortune, Prosper NWT will provide a C$3.8 million loan over a term of up to 60 months at a fixed 8.45% interest rate, with interest only payments for the first 24 months, followed by a blended interest and principal amount for the remaining 36 months based on a 180-month amortization. Fortune Alberta will provide the Refinery Site, buildings and equipment as security for the loan, which will also be guaranteed by the Company. Fortune has already made installment payments totalling C$3,037,500 towards the C$6 million purchase price for the Refinery Site and facilities. The Prosper NWT loan will enable Fortune to complete the purchase and is expected to close by year-end.

Robin Goad, President and CEO of Fortune commented, ‘With this key Alberta Refinery site secured, Fortune will be able to move the vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project closer to a construction decision, while also removing a significant development risk. We are grateful for this financial commitment from Prosper NWT demonstrating the importance of the critical minerals industry to the economy of Canada’s North.’

Alberta Hydrometallurgical Facility

The JFSL site is comprised of 76.78 acres of lands adjacent to the Canadian National Railway in Alberta’s Industrial Heartland, an association of five municipalities northeast of Edmonton with the planning approvals already in place for industrial development and tax incentives keyed to capital investment. The JFSL site is a steel fabrication plant with more than 42,000 square feet of serviced shops and buildings situated close to the human resources, services and reagents in place for an existing world class petrochemicals and critical minerals processing hub. The Refinery Site and facilities are expected to materially reduce capital and operating costs for development of the NICO Project.

NICO Project

The NICO cobalt-gold-bismuth-copper critical minerals project (‘ NICO Project ‘) is comprised of a planned open pit and underground mine and concentrator in the NWT and a dedicated hydrometallurgical facility in Alberta where concentrates from the mine, and other feed sources, will be processed to value-added products. The NICO Project contains three critical minerals (cobalt, bismuth and copper) and more than one million ounces of in-situ gold as a countercyclical and highly liquid co-product to mitigate metal price volatility. Development of the vertically integrated NICO Project will strengthen North American critical mineral supply chain resilience and security, a priority for western governments that need to reduce their dependence on foreign entities of concern. The NICO Project will be a reliable producer of critical mineral products in a Tier 1 jurisdiction with supply chain transparency and custody control of the contained metals from ores through to the production of value-added critical mineral products.

For more detailed information about the NICO Mineral Reserves and certain technical information in this news release, please refer to the Technical Report on the NICO Project, entitled ‘Technical Report on the Feasibility Study for the NICO-Gold-Cobalt-Bismuth-Copper Project, Northwest Territories, Canada’, dated April 2, 2014 and prepared by Micon International Limited which has been filed on SEDAR and is available under the Company’s profile at www.sedarplus.ca .

The disclosure of scientific and technical information contained in this news release have been approved by Robin Goad, M.Sc., P.Geo., President and Chief Executive Officer of Fortune and Alex Mezei, M.Sc., P.Eng. Fortune’s Chief Metallurgist, who are ‘Qualified Persons’ under National Instrument 43-101.

About Fortune Minerals

Fortune is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper project in the Northwest Territories and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO deposit and is a potential future source of incremental feed to extend the life of the NICO concentrator.

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This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities legislation. This forward-looking information includes statements with respect to, among other things, the advance of the some or all of the loan from Prosper NWT in accordance with the Agreement, including the satisfaction of all conditions precedent by the Company to the advance of the loan; the exercise of the option by the Company and the purchase of the JFSL site, the construction of the proposed Hydrometallurgical Facility at the JFSL site, and the Company’s plans to develop the NICO Project. Forward-looking information is based on the opinions and estimates of management as well as certain assumptions at the date the information is given (including, in respect of the forward-looking information contained in this press release, assumptions regarding: the advance of the proposed loan to fund the exercise of the option and complete the purchase of the JFSL site, the Company’s ability to complete construction of a NICO Project Hydrometallurgical Facility; the Company’s ability to arrange the necessary financing to continue operations and develop the NICO Project; the receipt of all necessary regulatory approvals for the construction and operation of the NICO Project and the related Hydrometallurgical Facility and the timing thereof; the time required to construct the NICO Project; and the economic environment in which the Company will operate in the future, including the price of gold, cobalt and other by-product metals, anticipated costs and the volumes of metals to be produced at the NICO Project). However, such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks related to the new Mineral Reserves, Mine Plan and production schedule for the NICO Project, the Company may not be able to satisfy the conditions precedent to the advance of the loan from Prosper NWT or comply with the terms and conditions of the Agreement; the Company may not be able to complete the purchase of the JFSL site and secure a site for the construction of a Hydrometallurgical Facility, the Company may not be able to finance and develop NICO on favourable terms or at all, uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the NICO Project, including the related Hydrometallurgical Facility, the construction of the NICO Project may take longer than anticipated, the Company may not be able to secure offtake agreements for the metals to be produced at the NICO Project, the Sue-Dianne Property may not be developed to the point where it can provide mill feed to the NICO Project, the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general, the market for products that use cobalt or bismuth may not grow to the extent anticipated, the future supply of cobalt and bismuth may not be as limited as anticipated, the risk of decreases in the market prices of cobalt, bismuth and other metals to be produced by the NICO Project, discrepancies between actual and estimated Mineral Resources or between actual and estimated metallurgical recoveries, uncertainties associated with estimating Mineral Resources and Reserves and the risk that even if such Mineral Resources prove accurate the risk that such Mineral Resources may not be converted into Mineral Reserves once economic conditions are applied, the Company’s production of cobalt, bismuth and other metals may be less than anticipated and other operational and development risks, market risks and regulatory risks. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update or revise it to reflect new events or circumstances, except as required by law.

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For further information please contact:
Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
info@fortuneminerals.com
Tel: (519) 858-8188
www.fortuneminerals.com

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) completed the first tranche of its non-brokered private placement (the ‘Offering’) on October 24, 2025. In connection with closing of the first tranche, the Company issued 14,000,334 units (each, a ‘Unit’) at a price of $0.15 per Unit for gross proceeds of $2,100,050. Each Unit consists of one common share of the Company (each, a ‘Share’) and one-half-of-one share purchase warrant (each whole warrant, an ‘Warrant’). Each Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.20 until October 24, 2027, subject to accelerated expiry in the event the closing price of the Shares is $0.50 or higher for ten consecutive trading days.

A portion of the Units issued under the first tranche the Offering, representing $2,000,000 are held pursuant to a sharing agreement entered into with an institutional investor, Sorbie Bornholm LP (‘Sorbie‘) and the Company (the ‘Sharing Agreement‘). Funds deposited under the Sharing Agreement are secured in escrow with a third-party. The Sharing Agreement provides that the Company’s economic interest will be determined in twenty-four monthly settlement tranches as measured against the Benchmark Price (as defined herein). Unless subject to adjustment, each monthly settlement tranche will total $79,792.

If, at the time of settlement, the Settlement Price (determined monthly based on a volume-weighted average price for twenty trading days prior to the settlement date) (the ‘Settlement Price‘) exceeds the benchmark price of $0.1949 (the ‘Benchmark Price‘), the Company shall receive more than one-hundred percent of the monthly settlement due, on a pro-rata basis. There is no upper limit placed on the additional proceeds receivable by the Company as part of the monthly settlements. If, at the time of settlement, the Settlement Price is below the Benchmark Price of $0.1949, the Company will receive less than one-hundred percent of the monthly settlement due on a pro-rata basis. In no event will a decline in the Settlement Price of the Units result in an increase or decrease in the number of Units being issued to Sorbie, but it could result in the Company receiving less than the full amount of the subscription received from Sorbie or in the Company receiving a nominal amount for a particular month.

As an example, the following are the monthly settlement amounts the Company would receive based on varying Settlement Prices:

For further information concerning the Offering, readers are encouraged to review the news release issued by the Company on October 27, 2025.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273791

(TheNewswire)

Vancouver, British Columbia TheNewswire – November 10, 2025 Juggernaut Exploration Ltd (JUGR.V) (OTCPK: JUGRF) (FSE: 4JE) ( the ‘Company’ or ‘Juggernaut’) is excited to announce that detailed mapping and sampling have confirmed that the gold-rich Big Mac Zone, Whopper Zone and Gold Dome Zone all form part of the 22 Km 2 district-scale Eldorado System that remains wide open where grab samples assayed up to 263.70 gt AuEq or 8.48 ozt AuEq and channel cuts assayed up to 4.89 gt AuEq over 5.21 m from >400 mineralized veins that are up to 10 m wide hosted in shear zones up to 50 m wide, and are exposed on surface for >1 km with >1 km of vertical relief, remains open and is drill ready on the Big One property (the ‘Property’), Golden Triangle, British Columbia. In addition, based on excellent assay results, the Company has acquired additional claims and expanded the Gold Swarm discovery area of strong gold potential from 1 km 2 to 3 km 2 and 700 m of vertical relief and remains open, effectively tripling this area of strong gold potential, where grab samples assayed up to 231.81 gt AuEq or 7.45 ozt AuEq and channel cuts assayed up to 4.51 gt AuEq over 4.36 m that remains open and is drill ready. The Big One discovery is located in an area of recent glacial and snowpack abatement adjacent to the Tier 1 gold-rich porphyry systems, the likes of Galore Creek. The 100% controlled Big One property covers 39,271 hectares of geological terrane with tremendous additional discovery potential.

Link to map with samples > 1 g/t AuEq

Big One Gold Rich District Scale System Highlights:

• The district-scale Eldorado System covers an area ~half the size of the Island of Manhattan (22 km ) that remains wide open where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq and channel cuts assayed up to 4.89 g/t AuEq over 5.21 m from 400 mineralized veins that remain open and are up to 10 m wide, the equivalent to ~3-story building, hosted in shear zones up to 50 m wide, comparable to a 15-story building, and are exposed on surface for 500 m, or 5 football fields, with 1 km of vertical relief, the height of 2.5 Empire State Buildings.

Link to Gold Dome Figure

Link to Whopper Zone Figure

• The Gold Swarm Area of strong gold potential has been expanded from 1 km to 3 km , equivalent to more than the downtown core of Vancouver B.C, with 700 m of vertical relief and remains wide open, with 100 veins up to 4.5 m wide, the equivalent of a 1.5-story building, and exposed on surface for 200 m equivalent to 2 football fields and remain open containing grab samples that assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq a nd channel cuts that assayed up to 4.51 g/t AuEq over 4.36 m. The Gold Swarm Area is drill ready.

Link to Goldswarm Figure

• 41% (219 samples out of 527) collected within the Eldorado System in 2024 and 2025 assayed 1 g/t AuEq; 65% (28 samples out of 43) collected withing the Gold Swarm Zone in 2024 and 2025 assayed 1 g/t AuEq.

• Gold samples up to 256.60 g/t or 8.25 oz/t, silver samples up 2810 g/t or 90.34 oz/t, and copper samples up to 14.40 % were collected on Big One.

• Detailed mapping has confirmed common orientations as well as similar geochemical signatures and textures of the gold-mineralized veins along the 15 km Highway of Gold corridor surrounding the snowcap of Deeker Glacier, strongly indicating that the gold-rich mineralization found throughout is all part of one huge district-scale gold system that remains wide open.

• The polymetallic veins, alteration signature, geochemical pathfinder element signature, and geophysical anomalies strongly indicate the presence of a large common buried gold-silver-copper rich porphyry feeder source or similar magmatic source or sources at depth responsible for the extensive high-grade veining confirmed on surface over 22 km

• The company recently received a 5-year property-wide advanced exploration drill permit.

• Detailed geological and structural mapping has been completed on the reported drill targets in order to define the full geometry of these high-grade gold-bearing shears and veins and will be instrumental in designing the drill plan for the upcoming maiden drill program.

• A high-resolution UAV photogrammetry survey was completed over an area of 52 km2 on the Eldorado System and Gold Swarm Zone encompassing all of the maiden drill targets. The data will be used to support modelling and define targeting the high-grade gold mineralization recently discovered.

• A property wide LiDAR survey covering an area of 385 km has been conducted and will be used to augment information obtained from the mapping as well as plan the upcoming inaugural drill campaign.

• Multiple drill-ready targets have been confirmed and are planned to be tested in the fully funded inaugural drill program and include but are not limited to: the 22 km Eldorado System hosting the Gold Dome Zone where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq; the Big Mac Zone where grab samples assayed up to 113.92 g/t AuEq or 3.66 oz/t AuEq; the Whopper Zone where grab samples assayed up to 43.94 g/t AuEq or 1.41 oz/t AuEq; and the Gold Swarm Area where grab samples assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq.

• Juggernaut is working in consultation with the Tahltan First Nation and the local community and is committed to maintaining respectful and collaborative relationships. As we advance exploration on our project, we will continue working closely with the Tahltan First Nation and all the local stakeholders and regulatory agencies to ensure our activities create long-term value and reflect community priorities.

Dan Stuart, President and CEO of Juggernaut Exploration states: ‘With a district-scale discovery of this magnitude host to so many large gold-rich veins and shears exposed on surface that rise above the valley floor for >1 km we are likely only seeing the tip of the iceberg on this mountain of gold. We look forward to the fully funded maiden drill program on this remarkable gold discovery with much anticipation. The best is yet to come!’

Manuele Lazzarotto, PhD, Chief Geologist of Juggernaut Exploration, states: ‘With the advanced exploration permit in hand, we look forward to unlocking the full potential of the Big One gold discovery in the third dimension during the inaugural drill program. Once we receive, compile, and interpret all the deliverables from the detailed and regional mapping, UAV orthophotos survey, and LiDAR survey, the same team responsible for the Tier 1 Surebet gold discovery will design and execute the maiden drill program. Obvious opportunities with the scale and grades seen on Big One are extremely rare, and we have clearly barely begun to scratch the surface. The team looks forward to testing this remarkable discovery at depth.’

Table 1: Samples from 2024-2025 with assays >1 g/t AuEq

The Big One property is situated in a region that is well known for hosting Tier 1 precious metal and porphyry deposits, several of which occur near the property including the multiple porphyry systems at Galore Creek (12,159 million pounds of copper, 9.438 million ounces of gold, 174.086 million ounces of silver), the world’s largest known gold reserve at KSM (47.3 million ounces of gold, 160 million ounces of silver, 7.32 billion pounds of copper) and the polymetallic copper project at Shaft Creek (5 billion pounds of copper, 3.7 million ounces of gold, 16.4 million ounces of silver), as well as the Brucejack high-grade epithermal gold deposit (14 million ounces of gold, 91.8 million ounces of silver), and the structurally controlled high-grade hydrothermal gold-silver zones at Trophy and Sphal Creek. The property geology is favorable to host these types of deposits as confirmed by the presence of extensive areas of propylitic alteration, untested geophysical anomalies, strong silt, soil and rock geochemistry including path finder elements directly related to porphyry systems, key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been discovered within the Big One claims.

The Big One property can be accessed year-round via helicopter from the Glenora/Telegraph Creek Road at the Barrington Mine (33 km to the north-northeast) as well as the Galore Creek Road (15 km to the southeast). The Canadian government committed $20 M to extend/improve the Galore Creek Road to within 15 km of the Big One property. The property is 2 km west of the Scud River airstrip used in the early days of Galore Creek.

The Big One property exploration qualifies for the Critical Mineral Exploration Tax Credit (CMETC).

The Company would like to extend a special thanks to the Tahltan First Nation, the local community, and service providers for supporting our efforts and contributing to the success of this year’s program. We look forward to continuing to work with the Tahltan First Nation and all local stakeholders and businesses while we move forward to unlocking the full potential of this amazing new discovery. WORKING TOGETHER WE SUCCEED!

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

For more information, please contact:

Juggernaut Exploration Ltd.

Dan Stuart

President and Chief Executive Officer

Tel: (604)-559-8028

www.juggernautexploration.com

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Qualified Person

Rein Turna, P. Geo, is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

Other

The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.

All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS-230 methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx’ denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.

FORWARD LOOKING STATEMENT

Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.

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