Osisko Metals Reports Additional Drill Results From Pine Point With Up to 10 Metres Grading 8.71% Zn + Pb

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce additional results from the 2023 drilling program at the Pine Point Mining Limited ("PPML") Joint Venture Project, located in the Northwest Territories, Canada. The reported results are from the J68 and K68 deposits in the C1 Area (C1) of the Central Zone.

Results from the K68 deposit indicate a new extension of tabular-style mineralization towards the east of the known deposit boundaries with localized increases in grade and thickness suggesting that there is exploration potential for new prismatic-style deposits in proximity to the C1 Area. Drilling at J68 defined the limits of that prismatic deposit.

These results are positive as the Company prepares for the Q1 2024 exploration program. Currently there are geophysical surveys underway evaluating target areas for prismatic-style mineralization that were outlined over the summer months by the Joint Venture Exploration Team.

Highlights of Drill Hole Assay Composites:

K68-23-PP-001: 10.00 metres grading, 7.20% Zn and 0.73% Pb (7.93 Zn+Pb)
K68-23-PP-009: 6.00 metres grading, 11.37% Zn and 0.54% Pb (11.91 Zn+Pb)
K68-23-PP-020: 8.00 metres grading, 9.44% Zn and 1.20% Pb (10.63 Zn+Pb)
K68-23-PP-030: 10.00 metres grading, 5.20% Zn and 3.50 %Pb (8.71 Zn+Pb)
K68-23-PP-064B: 7.00 metres grading, 9.97% Zn and 4.49% Pb (14.45 Zn+Pb)

Drilling was conducted as part of the PPML Joint Venture's larger 2023 definition drilling program designed to achieve an average drill spacing of approximately 30 metres within the currently modelled mineral resources reported in the 2022 PEA. This spacing is intended to upgrade the resources presently classified as Inferred to the Indicated category.

The Company would like to announce that as of September, Mr. Robin Adair has stepped down as Vice President of Exploration of Osisko Metals and has transitioned to Senior Technical Advisor for the PPML Joint Venture (holder of the Pine Point Project). The Company appreciates Mr. Adair's significant contribution over the years, and we will continue to collaborate and benefit from his knowledge in his new role with PPML.

Table 1: Drill Hole Assay Composites.

Hole Name	Zone	Deposit	From	To	Drill Width	True Width	Zn	Pb	Zn+Pb
Hole Name	Zone	Deposit	(m)	(m)	(m)	(m)	%	%	%
J68-23-PP-002	C1	J68	60.00	61.00	1.00	1.00	2.65	0.26	2.91
J68-23-PP-006	C1	J68	24.00	27.00	3.00	3.00	3.13	0.90	4.03
and	C1	J68	33.00	35.00	2.00	2.00	2.41	0.33	2.73
J68-23-PP-007	C1	J68	18.00	20.00	2.00	2.00	2.17	0.60	2.77
and	C1	J68	42.50	44.00	1.50	1.50	3.00	0.11	3.11
K68-23-PP-001	C1	K68	56.00	66.00	10.00	9.99	7.20	0.73	7.93
K68-23-PP-002	C1	K68	59.00	62.00	3.00	2.99	1.39	1.33	2.71
and	C1	K68	66.00	67.00	1.00	1.00	2.01	1.84	3.85
K68-23-PP-003	C1	K68	51.00	52.00	1.00	1.00	6.69	0.51	7.20
and	C1	K68	61.00	65.00	4.00	4.00	3.01	0.20	3.20
K68-23-PP-004	C1	K68	62.00	63.00	1.00	1.00	5.06	1.79	6.86
and	C1	K68	65.00	66.00	1.00	1.00	3.70	0.12	3.82
K68-23-PP-006	C1	K68	59.00	65.00	6.00	5.99	2.23	1.15	3.37
K68-23-PP-007	C1	K68	59.00	64.00	5.00	4.99	4.55	0.15	4.69
K68-23-PP-008	C1	K68	61.00	63.00	2.00	2.00	4.24	0.85	5.09
K68-23-PP-009	C1	K68	60.00	66.00	6.00	5.99	11.37	0.54	11.91
K68-23-PP-010	C1	K68	56.50	57.00	0.50	0.50	1.79	1.03	2.83
K68-23-PP-011	C1	K68	64.00	67.00	3.00	3.00	6.70	0.67	7.38
K68-23-PP-014	C1	K68	60.00	65.00	5.00	4.99	5.92	0.98	6.91
K68-23-PP-017	C1	K68	58.00	62.00	4.00	3.99	1.57	1.77	3.34
K68-23-PP-018	C1	K68	57.00	65.00	8.00	7.98	5.13	0.73	5.86
K68-23-PP-019	C1	K68	68.00	69.00	1.00	1.00	1.58	1.25	2.83
K68-23-PP-020	C1	K68	54.00	62.00	8.00	7.99	9.44	1.20	10.63
and	C1	K68	64.00	67.00	3.00	3.00	5.46	1.35	6.81
K68-23-PP-021	C1	K68	58.00	59.00	1.00	1.00	2.07	0.09	2.16
and	C1	K68	61.00	62.00	1.00	1.00	1.84	0.25	2.08
and	C1	K68	65.00	67.00	2.00	2.00	7.77	0.34	8.11
K68-23-PP-022	C1	K68	60.00	65.00	5.00	4.99	4.88	0.22	5.10
K68-23-PP-024	C1	K68	62.00	63.00	1.00	1.00	1.83	0.43	2.26
K68-23-PP-025	C1	K68	56.00	57.00	1.00	1.00	2.04	0.18	2.22
and	C1	K68	59.00	67.00	8.00	7.99	4.24	0.50	4.74
K68-23-PP-026	C1	K68	57.00	63.00	6.00	5.99	4.17	1.20	5.37
K68-23-PP-026	C1	K68	67.00	71.00	4.00	3.99	6.86	0.43	7.29
K68-23-PP-028	C1	K68	54.00	58.00	4.00	3.99	10.11	0.92	11.03
and	C1	K68	60.00	62.00	2.00	2.00	2.01	0.17	2.19
K68-23-PP-029	C1	K68	65.00	66.00	1.00	1.00	2.66	0.08	2.74
K68-23-PP-030	C1	K68	50.00	60.00	10.00	9.99	5.20	3.50	8.71
and	C1	K68	62.00	64.00	2.00	2.00	5.64	0.32	5.96
K68-23-PP-031	C1	K68	57.00	58.00	1.00	1.00	1.98	0.34	2.32
K68-23-PP-033	C1	K68	66.00	70.00	4.00	3.99	2.31	1.43	3.74
K68-23-PP-034	C1	K68	64.00	65.00	1.00	1.00	5.45	0.46	5.91
K68-23-PP-035	C1	K68	52.00	59.00	7.00	6.99	3.71	0.45	4.16
K68-23-PP-038	C1	K68	53.00	56.00	3.00	3.00	4.31	7.27	11.59
K68-23-PP-039	C1	K68	61.00	62.00	1.00	1.00	4.58	2.37	6.95
K68-23-PP-040	C1	K68	53.00	54.00	1.00	1.00	2.21	0.37	2.58
K68-23-PP-041	C1	K68	48.00	52.00	4.00	4.00	3.27	0.22	3.49
and	C1	K68	56.00	61.00	5.00	5.00	3.84	0.71	4.55
K68-23-PP-042	C1	K68	56.00	57.00	1.00	1.00	1.93	0.53	2.46
and	C1	K68	63.56	65.00	1.44	1.44	3.17	0.46	3.63
K68-23-PP-044B	C1	K68	57.00	59.00	2.00	2.00	1.95	0.57	2.52
and	C1	K68	61.00	62.00	1.00	1.00	2.10	0.02	2.12
K68-23-PP-045	C1	K68	59.00	60.00	1.00	1.00	1.94	0.33	2.27
K68-23-PP-046	C1	K68	59.00	61.00	2.00	1.99	4.13	0.06	4.19
and	C1	K68	67.00	68.00	1.00	1.00	3.30	0.19	3.49
K68-23-PP-048	C1	K68	58.00	59.00	1.00	1.00	1.93	0.13	2.05
and	C1	K68	63.00	65.00	2.00	2.00	3.33	0.04	3.37
K68-23-PP-049	C1	K68	59.00	60.00	1.00	1.00	1.94	0.64	2.58
K68-23-PP-050	C1	K68	51.00	54.00	3.00	3.00	1.55	0.41	1.96
K68-23-PP-052	C1	K68	59.00	60.00	1.00	1.00	7.10	0.69	7.79
K68-23-PP-053	C1	K68	59.00	60.00	1.00	1.00	2.22	0.03	2.25
K68-23-PP-054	C1	K68	57.15	60.00	2.85	2.85	4.99	0.30	5.29
and	C1	K68	62.00	64.00	2.00	2.00	9.69	7.69	17.37
K68-23-PP-055	C1	K68	61.00	66.00	5.00	4.99	3.93	0.22	4.15
K68-23-PP-056	C1	K68	61.00	66.00	5.00	4.99	14.92	4.31	19.23
K68-23-PP-057	C1	K68	66.00	69.00	3.00	2.99	17.18	19.71	36.89
K68-23-PP-058	C1	K68	64.00	68.00	4.00	3.99	8.90	1.76	10.66
K68-23-PP-060	C1	K68	53.00	54.00	1.00	1.00	1.95	0.06	2.00
and	C1	K68	56.00	61.00	5.00	5.00	2.69	0.61	3.30
K68-23-PP-061	C1	K68	63.00	64.00	1.00	1.00	3.02	1.50	4.52
K68-23-PP-062	C1	K68	62.00	63.00	1.00	1.00	3.68	1.08	4.75
K68-23-PP-063	C1	K68	59.00	67.00	8.00	7.98	4.31	0.37	4.68
K68-23-PP-063B	C1	K68	60.00	68.00	8.00	7.99	3.53	0.52	4.06
K68-23-PP-064	C1	K68	57.00	58.00	1.00	1.00	3.19	0.06	3.25
and	C1	K68	63.00	68.00	5.00	4.99	10.84	1.43	12.27
K68-23-PP-064B	C1	K68	63.00	70.00	7.00	6.99	9.97	4.49	14.45
K68-23-PP-065	C1	K68	54.00	65.00	11.00	10.99	4.96	0.71	5.67
K68-23-PP-066	C1	K68	61.00	65.00	4.00	3.99	6.13	0.22	6.36
K68-23-PP-068	C1	K68	62.00	67.00	5.00	4.99	5.53	1.43	6.97
K68-23-PP-069	C1	K68	59.00	66.00	7.00	6.99	5.36	0.48	5.85
and	C1	K68	68.00	70.00	2.00	2.00	3.53	0.35	3.88
K68-23-PP-070	C1	K68	56.00	59.00	3.00	2.99	3.92	0.09	4.01
and	C1	K68	62.00	64.00	2.00	2.00	3.97	0.33	4.31
K68-23-PP-071	C1	K68	64.00	65.00	1.00	1.00	1.78	0.23	2.01
K68-23-PP-072	C1	K68	59.00	62.00	3.00	3.00	5.41	1.74	7.15
K68-23-PP-073	C1	K68	56.00	61.00	5.00	5.00	5.84	2.06	7.90

Drill holes not reported in this table with a collar location tabulated in Table 2 contained no significant assay results.

Qualified Person

Mr. Robin Adair is the Qualified Person and the Senior Technical Advisor for Pine Point Mining Limited. He is responsible for the technical data reported in this news release and is a Professional Geologist registered in the Northwest Territories.

Quality Assurance / Quality Control

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation, and analyses. Drill core samples from the Pine Point project area are securely transported to its core facility on-site, where they are logged and sampled. Samples selected for assay are shipped to ALS Canada Ltd.'s preparation facility in Yellowknife. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for a multi-element suite with a 1% upper detection limit for base metals. Samples reporting over 1% for Zn and 1% for Pb are analyzed by assay grade, four acid digestion, and ICP-AES analysis with an upper detection limit of 30% and 20%, respectively. Samples with Zn >30% and or Pb >20% are analyzed by traditional titration.

Table 2: Drill Hole Collar Locations (NAD83 (CSRS) Zone 11).

Hole Name	Zone	Deposit	Easting	Northing	Elev (m)	Azimuth	Dip	Length (m)
J68-23-PP-001	C1	J68	627313	6744288	211	0	-90	29
J68-23-PP-001B	C1	J68	627313	6744288	211	0	-90	62
J68-23-PP-002	C1	J68	627262	6744258	211	0	-90	65
J68-23-PP-003	C1	J68	627291	6744250	211	0	-90	65
J68-23-PP-004	C1	J68	627263	6744212	211	0	-90	68
J68-23-PP-005	C1	J68	627234	6744217	211	0	-90	65
J68-23-PP-006	C1	J68	627185	6744088	210	0	-90	77
J68-23-PP-007	C1	J68	627222	6744042	211	0	-90	53
K68-23-PP-001	C1	K68	628073	6743959	213	0	-90	68
K68-23-PP-002	C1	K68	628046	6743975	213	0	-90	68
K68-23-PP-003	C1	K68	628045	6743941	213	0	-90	72
K68-23-PP-004	C1	K68	628037	6743911	213	0	-90	71
K68-23-PP-005	C1	K68	628012	6743894	213	0	-90	71
K68-23-PP-006	C1	K68	628014	6743931	213	0	-90	68
K68-23-PP-007	C1	K68	628010	6743960	213	0	-90	68
K68-23-PP-008	C1	K68	627996	6743988	213	0	-90	68
K68-23-PP-009	C1	K68	627967	6743973	213	0	-90	68
K68-23-PP-010	C1	K68	627981	6743944	213	0	-90	71
K68-23-PP-011	C1	K68	627983	6743912	213	0	-90	71
K68-23-PP-012	C1	K68	627982	6743884	213	0	-90	71
K68-23-PP-013	C1	K68	627951	6743900	213	0	-90	71
K68-23-PP-014	C1	K68	627951	6743930	213	0	-90	68
K68-23-PP-015	C1	K68	627935	6743989	213	0	-90	65
K68-23-PP-016	C1	K68	627902	6743979	212	0	-90	65
K68-23-PP-017	C1	K68	627909	6743949	213	0	-90	68
K68-23-PP-018	C1	K68	627919	6743921	213	0	-90	68
K68-23-PP-019	C1	K68	627923	6743892	213	0	-90	74
K68-23-PP-020	C1	K68	627889	6743910	213	0	-90	71
K68-23-PP-021	C1	K68	627861	6743898	213	0	-90	74
K68-23-PP-022	C1	K68	627849	6743924	213	0	-90	71
K68-23-PP-023	C1	K68	627872	6743970	213	0	-90	65
K68-23-PP-024	C1	K68	627847	6743953	213	0	-90	68
K68-23-PP-025	C1	K68	627803	6743866	213	0	-90	74
K68-23-PP-026	C1	K68	627797	6743895	213	0	-90	71
K68-23-PP-027	C1	K68	627789	6743924	212	0	-90	68
K68-23-PP-028	C1	K68	627769	6743943	212	0	-90	62
K68-23-PP-029	C1	K68	627761	6743909	212	0	-90	68
K68-23-PP-030	C1	K68	627737	6743894	212	0	-90	65
K68-23-PP-031	C1	K68	627772	6743852	213	0	-90	71
K68-23-PP-032	C1	K68	627745	6743834	213	0	-90	68
K68-23-PP-033	C1	K68	627741	6743866	212	0	-90	74
K68-23-PP-034	C1	K68	627709	6743882	212	0	-90	65
K68-23-PP-035	C1	K68	627709	6743915	212	0	-90	59
K68-23-PP-036	C1	K68	627735	6743957	212	0	-90	56
K68-23-PP-037	C1	K68	627716	6743945	212	0	-90	59
K68-23-PP-038	C1	K68	627678	6743969	212	0	-90	59
K68-23-PP-039	C1	K68	627679	6743935	212	0	-90	62
K68-23-PP-040	C1	K68	627650	6743919	212	0	-90	63
K68-23-PP-041	C1	K68	627658	6743888	212	0	-90	63
K68-23-PP-042	C1	K68	627686	6743871	212	0	-90	65
K68-23-PP-043	C1	K68	627689	6743832	212	0	-90	72
K68-23-PP-044B	C1	K68	627662	6743855	212	0	-90	80
K68-23-PP-045	C1	K68	627636	6743837	212	0	-90	66
K68-23-PP-046	C1	K68	627609	6743816	212	0	-90	72
K68-23-PP-047	C1	K68	627609	6743854	212	0	-90	69
K68-23-PP-048	C1	K68	627623	6743901	212	0	-90	68
K68-23-PP-049	C1	K68	627628	6743945	212	0	-90	65
K68-23-PP-050	C1	K68	627631	6743978	212	0	-90	62
K68-23-PP-051	C1	K68	627593	6744001	211	0	-90	68
K68-23-PP-052	C1	K68	627601	6743969	211	0	-90	65
K68-23-PP-053	C1	K68	627587	6743948	211	0	-90	65
K68-23-PP-054	C1	K68	627545	6743966	211	0	-90	65
K68-23-PP-055	C1	K68	627552	6743921	211	0	-90	70
K68-23-PP-056	C1	K68	627580	6743910	211	0	-90	71
K68-23-PP-057	C1	K68	627577	6743883	211	0	-90	74
K68-23-PP-058	C1	K68	627593	6743879	211	0	-90	71
K68-23-PP-059	C1	K68	627560	6743859	211	0	-90	68
K68-23-PP-060	C1	K68	627553	6743828	212	0	-90	65
K68-23-PP-061	C1	K68	627575	6743807	212	0	-90	66
K68-23-PP-062	C1	K68	627896	6743878	213	0	-90	68
K68-23-PP-063	C1	K68	628099	6743937	213	0	-90	68
K68-23-PP-063B	C1	K68	628099	6743937	213	0	-90	92
K68-23-PP-064	C1	K68	628101	6743973	213	0	-90	68
K68-23-PP-064B	C1	K68	628101	6743973	213	0	-90	92
K68-23-PP-065	C1	K68	627832	6743880	213	0	-90	80
K68-23-PP-066	C1	K68	628071	6743922	213	0	-90	92
K68-23-PP-067	C1	K68	628125	6743927	215	0	-90	95
K68-23-PP-068	C1	K68	628127	6743957	213	0	-90	95
K68-23-PP-069	C1	K68	628132	6743982	213	0	-90	80
K68-23-PP-070	C1	K68	628110	6743998	213	0	-90	80
K68-23-PP-071	C1	K68	628073	6743990	213	0	-90	74
K68-23-PP-072	C1	K68	628028	6744001	213	0	-90	77
K68-23-PP-073	C1	K68	627995	6744019	213	0	-90	77

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space, more specifically copper and zinc. The Company is a joint venture partner with Appian Capital Advisory LLP for the advancement of one of Canada's premier past-producing zinc mining camps, the Pine Point Project, located in the Northwest Territories, for which the 2022 PEA (as defined herein) has indicated an after-tax NPV of C$602 million and an IRR of 25%, based on long-term zinc price of US$1.37/lb and the current mineral resource estimates that are amenable to open pit and shallow underground mining. The current mineral resource estimate in the 2022 PEA consists of 15.7Mt grading 5.55% ZnEq of Indicated Mineral Resources and 47.2Mt grading 5.94% ZnEq of Inferred Mineral Resources . Please refer to the technical report entitled "Preliminary Economic Assessment, Pine Point Project, Hay River, Northwest Territories, Canada" dated August 26, 2022 (with an effective date of July 30, 2022), which was prepared for Osisko Metals and PPML by representatives of BBA Engineering Inc., HydroRessources Inc., PLR Resources Inc. and WSP Canada Inc. (the " 2022 PEA "). Please refer to the full text of the 2022 PEA, a copy of which is available on SEDAR ( www.sedar.com ) under the Osisko Metals' issuer profile, for the assumptions, methodologies, qualifications and limitations described therein. The Pine Point Project is located on the south shore of Great Slave Lake in the Northwest Territories, near infrastructure, with paved highway access, an electrical substation, as well as 100 kilometres of viable haulage roads.

In addition, the Company also acquired in July 2023, from Glencore Canada Corporation, a 100% interest in the past-producing Gaspé Copper Mine, located near Murdochville in the Gaspé peninsula of Québec. The Company is currently focused on resource evaluation of the Mount Copper Expansion Project that hosts an Inferred Mineral Resource (in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ) of 456Mt grading 0.31% Cu (see April 28, 2022 news release of Osisko Metals entitled "Osisko Metals Announces Maiden Resource at Gaspé Copper – Inferred Resource of 456Mt Grading 0.31% Copper" ). Gaspé Copper hosts the largest undeveloped copper resource in Eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

About Appian

Appian Capital Advisory LLP is a London-headquartered investment advisor to long-term value-focused private capital funds that invest solely in mining and mining-related companies.

Appian is a leading investment advisor in the metals and mining industry, with global experience across South America, North America, Europe, Australia and Africa and a successful track record of supporting companies to achieve their development targets, with a global operating portfolio overseeing nearly 6,300 employees. Appian has a global team of 65 experienced professionals with presences in London, Toronto, Vancouver, Montreal, New York, Lima, Belo Horizonte, Perth, Mexico City and Dubai. The Appian team, through its private capital funds, has a long history of successfully bringing mines through development and into production, having completed 9 mine builds in the last 6 years.

For more information, please visit www.appiancapitaladvisory.com , or find us on LinkedIn, Instagram and Twitter.

For further information on this news release, visit www.osiskometals.com or contact:

Robert Wares, Chairman & CEO of Osisko Metals Incorporated

Email: info@osiskometals.com
www.osiskometals.com

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance are not statements of historical fact and constitute forward-looking information. This news release may contain forward-looking information pertaining to the closing of the Gaspe Copper Project Definitive Agreement or the Pine Point Project. For Pine Point, statements including, among other things, the results of the 2022 PEA and the IRR, NPV and estimated costs, production, production rate and mine life; the expectation that the Project will be a robust operation and profitable at a variety of prices and assumptions; the ability to identify additional resources and reserves (if any) and exploit such resources and reserves on an economic basis; the expected high quality of the Pine Point concentrates; the potential impact of the Pine Point Project in the Northwest Territories, including but not limited to the potential generation of tax revenue and contribution of jobs; the Pine Point Project having the potential for mineral resource expansion and new discoveries; the timing and ability for the Pine Point Project to reach construction decision (if at all(; the estimated costs to take the Pine Point Project to construction decision (if at all); the ability of the Company to realize the anticipated benefits of the Transaction; and the impact to the Company of the disposition of ownership interest and control in the Pine Point Project, which is a material property of the Company. There can be no certainty on the timing, costs and ability for the joint venture parties to take the Pine Point Project to reach a construction decision or pursue planned exploration and development as presently contemplated.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: favourable equity and debt capital markets; the ability and timing for the parties to fund cash calls to advance the development of the Pine Point Project and pursue planned exploration and development; future prices of zinc and lead; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; operating conditions being favourable; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of equipment; the economic viability of the Pine Point Project; and positive relations with local groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company's public disclosure record on SEDAR (www.sedar.com) under Osisko Metals' issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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Osisko Metals Announces Award Grants

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: OB51) announces that that it has granted (i) an aggregate 12,500,000 restricted share units of the Company (" RSUs ") to certain executive directors and officers of the Company, and (ii) an aggregate of 1,750,000 deferred share units of the Company (" DSUs ") to certain independent directors of the Company.

All RSUs are scheduled to vest on the third anniversary of the date of grant and all DSUs are scheduled to vest upon the applicable recipient ceasing to be a director or officer of the Company, in each case, subject to terms of a newly adopted omnibus incentive plan (the " Plan ") and applicable award agreements and the policies of the TSX Venture Exchange (the " Exchange "). All RSUs and DSUs granted under the Plan may only be settled in cash until such time as the Plan and related grants have been approved by the shareholders of the Company and the Exchange.

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Bold Ventures to Present at Metals Investor Forum in Vancouver on May 9, 2025

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to announce that the Company will be presenting at Metals Investor Forum (MIF) on May 9 at The Rosewood Hotel, 801 W Georgia St, Vancouver, BC. The Company's President and COO, Bruce MacLachlan, and the Company's V.P. Exploration, Coleman Robertson, will be present during the conference.

John Kaiser, author of Kaiser Research Online, will be introducing Coleman Robertson at 4:50 p.m. Local Time, who will provide an overview and update on the Company's assets and plans for the upcoming field season. Please see the link to the May 9 Metals Investor Forum web page.

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OUTCROP SILVER ANNOUNCES PARTNER FUNDED MAIDEN DRILL PROGRAM AT THE PEARL COPPER PROJECT, ARIZONA

Outcrop Silver & Gold Corporation (TSXV:OCG, OTCQX:OCGSF, DE:MRG) ("Outcrop Silver") is pleased to announce the commencement of the maiden drill program at the Pearl Copper Project located in Arizona United States . The drilling campaign will be fully funded by Golden Mile Resources Limited (ASX: G88), whereby Golden Mile is currently earning a 51% interest through funding this A$2 million maiden drill program. Outcrop Silver retained a 1% net smelter return (NSR) royalty.

Highlights

Outcrop Silver advances the Pearl Copper project through an earn-in agreement with Golden Mile Resources (ASX:G88). Program fully funded by Golden Mile .
The Pearl project is located in the prolific Laramide porphyry copper district, which is responsible for 70% of the United States of America's copper production.
All drilling permits secured from the Bureau of Land Management (BLM) and the Arizona State Land Department (ASLD).
The maiden drill program to test high-grade copper-silver-gold targets at the Odyssey and Ford prospects has commenced.

" Golden Mile's fully funded drill program moves Pearl forward at no cost to Outcrop Silver and exemplifies our strategy of unlocking value from non-core assets while we focus capital on expanding the high-grade Santa Ana silver project in Colombia ," stated Ian Harris , President & CEO of Outcrop Silver.

The Pearl Copper project is located in the Laramide porphyry copper district, one of the most prolific copper-producing regions globally, accounting for approximately 70% of U.S. copper production. The project sits immediately north of BHP's past-producing San Manuel-Kalamazoo Mine and along the trend with Capstone Copper's active Pinto Valley Mine, benefiting from exceptional infrastructure and a skilled local workforce.

Following the receipt of all required exploration permits, including the Notice of Intent (NOI) from the BLM and the Special Land Use Permit (SLUP) and Geologic Field Operation Plan (GFOP) from the ASLD, drilling has commenced. This maiden drill program consists of 14 to 16 reverse circulation (RC) holes totaling up to 1,800 metres, and will test two priority targets.

Transaction

On September 12, 2024 Golden Mile purchased an option on Pearl for A$100,000 (Australian Dollars) with Outcrop Silver retaining a 1% NSR royalty. Golden Mile has the option to earn-in to 51% by funding A$2,000,000 in exploration expenditures by September 12, 2027 . Golden Mile may also earn an additional 34% by funding an additional A$10,000,000 in exploration expenditures within 5 years. Upon completing the earn-in a joint venture will be formed with both parties funding proportionally. If either party dilutes below 10%, their interest will convert to an additional 1% NSR royalty. At such time that a JORC compliant resource achieves 750,000 tonnes of contained copper at a minimum grade of 0.3%, Golden Mile will pay Outcrop Silver A$2,000,000 .

The Pearl Copper project was acquired through the amalgamation with Zacapa Resources. Zacapa's portfolio also included the Kramer Hills brownfield oxide gold project in San Bernardino, California and the South Bullfrog, gold project in Beatty, Nevada adjacent to Anglo Gold's Silicon project.

Qualified Person

Edwin Naranjo Sierra is the designated Qualified Person within the meaning of the National Instrument 43-101 and has reviewed and verified the technical information in this news release. Mr. Naranjo holds a MSc. in Earth Sciences, and is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). Mr. Naranjo Sierra is a consultant to the company and is therefore independent for the purposes of NI 43-101.

About Outcrop Silver

Outcrop Silver is a leading explorer and developer focused on advancing its flagship Santa Ana high-grade silver project in Colombia . Leveraging a disciplined and seasoned team of professionals with decades of experience in the region. Outcrop Silver is dedicated to expanding current mineral resources through strategic exploration initiatives.

At the core of our operations is a commitment to responsible mining practices and community engagement, underscoring our approach to sustainable development. Our expertise in navigating complex geological and market conditions enables us to consistently identify and capitalize on opportunities to enhance shareholder value. With a deep understanding of the Colombian mining landscape and a track record of successful exploration, Outcrop Silver is poised to transform the Santa Ana project into a significant silver producer, contributing positively to the local economy and setting new standards in the mining industry.

About Golden Mile

Golden Mile is a project development and mineral exploration company. The primary focus is on growing the Company with a multi-asset and multi-commodity strategy through advancing core projects, acquiring high-quality assets, and tactical alliances with joint venture partners.

ON BEHALF OF THE BOARD OF DIRECTORS

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "potential," "we believe," or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Outcrop Silver to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the receipt of all necessary regulatory approvals, capital expenditures and other costs, financing and additional capital requirements, completion of due diligence, general economic, market and business conditions, new legislation, uncertainties resulting from potential delays or changes in plans, political uncertainties, and the state of the securities markets generally. Although management of Outcrop Silver have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance 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 and forward-looking information. Outcrop Silver will not update any forward-looking statements or forward-looking information that are incorporated by reference.

SOURCE Outcrop Silver & Gold Corporation

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Group Eleven Intersects 12.0m of 2.30% Cu and 560 g/t Ag, Including 6.4m of 3.72% Cu and 838 g/t Ag, Demonstrating High-Grade Copper and Silver Potential at Ballywire

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce assay results from four new holes from the ongoing drill program at the Company's 100%-owned Ballywire zinc-lead-silver discovery ("Ballywire"), PG West Project ("PG West"), Republic of Ireland.

Highlights:

25-3552-31, a 65m step-out hole, intersected two strongly mineralized horizons:
- Cu-Ag horizon (starting at 348.7m downhole)
  - 19.9m of 1.46% Cu and 356 g/t Ag, including
  - 12.0m of 2.30% Cu and 560 g/t Ag, including
  - 6.4m of 3.72% Cu and 838 g/t Ag
- Zn-Pb-Ag horizon (starting at 297.0m downhole)
  - 47.1m of 4.5% Zn+Pb (3.1% Zn and 1.4% Pb) and 22 g/t Ag, including
  - 25.9m of 7.4% Zn+Pb (5.1% Zn and 2.3% Pb) and 35 g/t Ag, including
  - 12.9m of 11.0% Zn+Pb (7.7% Zn and 3.2% Pb) and 57 g/t Ag, including
  - 3.7m of 20.4% Zn+Pb (15.8% Zn and 4.6% Pb) and 151 g/t Ag
Up to 10.45% Cu (over 0.80m) and up to 1,880 g/t Ag (over 0.86m) intersected in the Cu-Ag horizon; to the Company's knowledge, this represents the highest-grade Ag intercept in Ireland over the last >60 years (by any operator) and similarly, one of the highest-grade Cu intercepts
Cu-Ag horizon consists of replacement-style mineralization along the base of the Waulsortian Limestone in proximity to a fault structure; mineralization appears to consist mostly of tennantite-tetrahedrite (detailed mineralogy work to be undertaken in due course)
Noteworthy is the presence of elevated antimony in the Cu-Ag zone, grading 0.27% Sb within the above 6.4m interval (including 0.80m of 10.45% Cu, 1215 g/t Ag and 0.83% Sb)
This hole expands the footprint of the 2.6km long discovery trend by at least 65m down-dip, to a total of at least 170m down-dip along this section (and remains open further down-dip)
Drilling continues at Ballywire with two rigs testing (i) the NE extension and (ii) 1.3km ENE of the Ballywire discovery in the vicinity of the prospective 'D' gravity-high anomaly; a third rig was added this week, testing the deeper Cu-Ag target (below the Waulsortian Limestone)

"Intersecting spectacular copper-silver grades over significant thicknesses is a pivotal moment for the Ballywire discovery," stated Bart Jaworski, CEO. "These results not only strongly point to a stratigraphically deeper Cu-Ag horizon but also represent a proof of concept that substantial grades and thicknesses of copper and silver exist at the discovery, in addition to excellent grades of Zn-Pb. The growing presence of critical minerals at Ballywire, namely, copper, germanium and now potentially antimony, highlights the rising strategic importance of this discovery for Ireland, the EU and our shareholders. With today's Cu-Ag milestone, continued drilling to the NE and along our prospective 6km trend, plus the start of drilling with our third rig, we are poised to further grow shareholder value as the year progresses."

Exhibit 1. Cross-Section Showing New Drilling (25-3552-31) at Ballywire Discovery

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit1.jpg

Note: True width of mineralized intervals in 25-3552-31, as a percent of down-hole interval, is estimated to be 50-70%

Exhibit 2. Plan Map Showing New Drilling and Intersected High-Grade Cu-Ag Mineralization

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit2.jpg

New Step-Out Holes at Ballywire Discovery

The Ballywire prospect at the Company's 100%-owned PG West Project in Republic of Ireland, represents the most significant mineral discovery in Ireland in over a decade. First announced in Sept-2022, the discovery has 52 holes drilled and reported by Group Eleven to date, including the most recent four holes (25-3552-30, -31, -32, and -33) reported today (see Exhibits 1 to 7).

High-grade Zn-Pb mineralization from 25-3552-31 (see Page 1 and Exhibits 1 to 4) consists predominantly of sphalerite, galena and pyrite. High-grade Cu-Ag mineralization in this hole consists of suspected tennantite/tetrahedrite, chalcopyrite, sphalerite, galena and pyrite along and/or close to the base of the Waulsortian Limestone (see Exhibit 1). Noteworthy is the presence of elevated antimony within the Cu-Ag zone. For example, the 6.39m interval below, grading 3.72% Cu and 838 g/t Ag, also grades 0.27% Sb (including 0.80m of 10.45% Cu, 1215 g/t Ag and 0.83% Sb).

Exhibit 3. Summary of Assays from 25-3552-31 at Ballywire

Item	From (m)	To (m)	Int (m)	Zn (%)	Pb (%)	Zn+Pb (%)	Ag (g/t)	Cu (%)
25-3552-31	155.00	155.84	0.84	8.41	1.70	10.11	93.8	-
And	188.89	192.61	3.72	2.34	0.22	2.56	11.9	-
Incl.	190.82	191.75	0.93	4.77	0.45	5.22	25.2	-
And	296.95	344.07	47.12	3.13	1.37	4.50	21.6	-
Incl.	300.76	301.70	0.94	5.21	0.72	5.93	13.9	-
And	309.07	334.96	25.89	5.10	2.27	7.37	35.4	-
Incl.	310.00	322.88	12.88	7.72	3.24	10.95	57.4	-
Incl.	315.49	319.20	3.71	15.81	4.56	20.37	151.1	-
And	347.79	370.42	22.63	0.47	0.51	0.98	315.8	1.30
Incl.	348.71	368.60	19.89	0.49	0.57	1.07	356.5	1.46
Incl.	348.71	360.73	12.02	0.59	0.79	1.38	560.1	2.30
Incl.	353.39	360.73	7.34	0.68	1.27	1.95	768.0	3.36
Incl.	354.34	360.73	6.39	0.65	1.46	2.11	838.0	3.72
Incl.	354.34	355.20	0.86	0.77	0.06	0.83	1880.0	5.73
And	355.20	356.09	0.89	0.09	0.02	0.11	516.0	1.12
And	356.09	357.02	0.93	0.40	8.47	8.87	399.0	1.16
And	357.02	357.98	0.96	0.36	1.15	1.51	128.0	1.19
And	357.98	358.78	0.80	2.44	0.21	2.65	1215.0	10.45
And	358.78	359.84	1.06	0.33	0.06	0.38	979.0	3.92
And	359.84	360.73	0.89	0.45	0.03	0.48	871.0	3.52

Note: True width of the mineralized interval in hole 25-3552-31, as a percentage of the down-hole interval, is estimated to be 50-70%; for photographs of Cu-Ag rich core, see Appendix and www.groupelevenresources.com.

Three other holes released today were drilled in a 150m gap to the NE of 25-3552-31 (25-3552-30, -32 and -33; see Exhibit 2). Hole 25-3552-30 returned nil mineralization, 25-3552-32 returned three intervals of mineralization up to 0.94m of 2.4% Zn+Pb (0.9% Zn and 1.5% Pb) and 8 g/t Ag, and 25-3552-33 returned three intervals of mineralization up to 0.82m of 2.9% Zn+Pb (1.1% Zn and 1.8% Pb) and 7 g/t Ag. These zones of mineralization are narrower and weaker than those at the main discovery trend but generally in line with recent holes drilled further to the ENE (see holes G11-3552-24, -26 and 28 in news release dated 25-Mar-2025). Disseminated copper mineralization, as well as, mineralized veins and fractures, is strengthening towards the north, suggesting massive sulphide mineralization may be present further north (see northern-most purple line in Exhibit 4). A second mineralized trend is also emerging to the south where the interpreted Cu-Ag rich 'feeder' fault pierced by drilling along the main discovery trend appears to correlate with mineralization approx. 350m along strike to the ENE, intersected in G11-3552-08 (see solid and dashed purple lines in Exhibit 4). Drilling is ongoing in the NE area to test the above targets.

Copper-Silver Target

Today's results add to a growing body of evidence that support the interpretation of a Cu-Ag 'feeder' fault parallel to and spatially associated with the main Zn-Pb-Ag discovery at Ballywire (see Exhibit 4). With up to 10.45% Cu and 1,880 g/t Ag in a mineralized horizon near a steeply dipping structure, mineralizing fluids are interpreted to have emanated from deeper in the sedimentary sequence (see Exhibit 5). Meanwhile, the stratigraphy of the region suggests that the Lower Limestone Shale horizon exists approximately 100-200m below the discovery horizon (base of the Waulsortian Limestone). This horizon hosts four well known Cu-Ag historic occurrences in the surrounding area (see Denison, Oola, Gortdrum and Tullacondra in Exhibit 8, located approx. 5km, 9km, 10km and 45km away from Ballywire, respectively).

These historic Cu-Ag occurrences can be interpreted as the eroded remnants of originally more vertically extensive mineralizing systems, likely representing the roots of stratigraphically higher Zn-Pb-Ag mineralization. At Ballywire, the mineralizing system has the potential to be much larger than its neighbouring occurrences (based on a relatively larger footprint to date); additionally, any Cu-Ag mineralization would notionally be intact below the existing Zn-Pb-Ag mineralization.

Given the compelling nature of this exploration model, Group Eleven added a third rig and began drilling this deeper Cu-Ag target this week.

Exhibit 4. Plan Map Showing Interpreted Cu-Ag 'Feeder' at Ballywire

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https://images.newsfilecorp.com/files/5685/251260_exhibit4.jpg

Exhibit 5. Cross-Section Showing Hypothesized Cu-Ag Mineralization in the Lower Limestone Shale

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https://images.newsfilecorp.com/files/5685/251260_exhibit5.jpg

Exhibit 6. Oblique 3D View of Cu-Ag Mineralization at Ballywire

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https://images.newsfilecorp.com/files/5685/251260_exhibit6.jpg

Note: Bodies shown (calcite, Zn-Pb-Ag and Cu-Ag) are not constrained by any grade cut-off and are meant for illustrative purposes only

Exhibit 7. Regional Gravity at Ballywire Showing 6km Long Prospective Trend

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit7.jpg

Notes to Exhibit 8: (a) Pallas Green MRE is owned by Glencore (see Glencore's Resources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the 'NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland', by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in 'Report on Prospecting Licence 464' by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in 'The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody' by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in 'Report on Mallow Property' by David Wilbur, dated December 1973; and later summarized in 'Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork' by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. 'Rathdowney Trend' is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Exhibit 8. Regional Map of Ballywire Discovery and Surrounding Cu-Ag Historic Occurrences

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https://images.newsfilecorp.com/files/5685/251260_exhibit8.jpg

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent 'Qualified Person' as defined under Canadian National Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.42m to 1.3m with the majority of samples in the 0.79m to 0.99m range. The half-core samples are bagged, labelled and sealed at Group Elevens core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70%

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials ("CRMs" or "Standards") as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)

Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead deposit¹, which itself is located adjacent to Glencore's Pallas Green zinc-lead deposit². The Company's two largest shareholders are Glencore Canada Corp. (16.1% interest) and Michael Gentile (16.0%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-Looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

APPENDIX - CORE PHOTOS
COPPER-SILVER ZONE IN HOLE 25-3551-31
(With Key Assay Results and Brief Descriptions of Key Mineralogy)

Core Boxes 103-105

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https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_009full.jpg

Core Boxes 106-108

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Core Boxes 109-111

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https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_011full.jpg

(1) Close-Up Core Photo

Above: Dolomitized Waulsortian Limestone, cross-cut by sulphide bearing veins (suspected tennatite-tetrahedrite, chalcopyrite and/or pyrite)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_012full.jpg

(2) Close-Up Core Photo

Above: Suspected tennantite/tetrahedrite (grey), chalcopyrite and pyrite (yellow) and calcite (white)

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https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_013full.jpg

(3) Close-Up Core Photo

Above: Chalcopyrite with some pyrite (yellow) and suspected tennantite/tetrahedrite (grey), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_014full.jpg

(4) Close-Up Core Photo

Above: Semi-massive chalcopyrite and pyrite (yellow), galena (reflective grey)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_015full.jpg

(5) Close-Up Core Photo

Above: Waulsortian Limestones (grey), calcite (white), pyrite and chalcopyrite (yellow)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_016full.jpg

(6) Close-Up Core Photo

Above: Suspected tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_017full.jpg

(6a) Close-Up Core Photo

Above: Suspected tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_018full.jpg

(7) Close-Up Core Photo

Above: Suspect tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_019full.jpg

(8) Close-Up Core Photo

Above: Chalcopyrite (yellow), suspected tennantite/tetrahedrite (grey), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_020full.jpg

(9) Close-Up Core Photo

Above: Fault zone (juxtaposing sub-Waulsortian lithologies against Waulsortian Limestone)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_021full.jpg

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Pan American Silver Announces Results of Annual General and Special Meeting

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reported the voting results from its annual general and special meeting of shareholders held on May 7, 2025, in Vancouver, British Columbia (the "Meeting"). Each of the matters voted upon at the Meeting are described in detail in the Company's Management Information Circular dated March 17, 2025, which is available on the Company's website at https://www.panamericansilver.com/invest/financial-reports-and-filings/ .

A total of 248,138,835 common shares were represented at the meeting, being 68.52% of the Company's issued and outstanding common shares as at the record date. Shareholders voted in favour of all matters brought before the Meeting, including setting the number of directors at nine, the election of management's nominees as directors, the appointment of auditors for the ensuing year, and the acceptance of the Company's approach to executive compensation, known as "say-on-pay".

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DDH No.	From	To	Width	Cu	Ag	Mo
DDH No.	(m)	(m)	(m)	%	g/t	%
30-1061	12.0	184.5	172.5	0.18	1.52
And	228.0	274.5	46.5	0.35	2.05
And	327.0	358.5	31.5	0.25	1.93
And	497.0	712.5	215.5	0.31	2.67
30-1062	19.0	72.0	53.0	0.19	2.18
And	96.0	128.5	32.5	0.15	1.62
And	282.0	307.0	25.0	0.19	1.62
30-1064	36.0	200.7	164.7	0.26	1.94
And	235.5	376.5	141.0	0.26	2.20
And	497.7	505.3	7.6	1.04	9.29	0.133
And	546.9	618.0	71.1	0.37	2.58
30-1065*	12.0	335.0	323.0	0.43	3.18
(Including)	205.8	216.9	11.1	1.54	12.5
(Including)	260.0	273.3	13.3	2.50	17.8
And	520.5	555.0	34.5	0.35	2.61
30-1066	573.0	604.5	31.5	0.41	4.37
30-1067*	15.0	151.8	136.8	0.32	3.18

DDH No.	From	To	Intersection	Cu	Ag	Mo
DDH No.	(m)	(m)	(m)	%	g/t	%
30-0947	41.0	106.0	65.0	0.17	1.49
And	159.5	194.0	34.5	0.30	2.13
And	229.0	311.0	82.0	0.31	2.55
And	408.0	444.9	36.9	0.34	2.98	0.010
And	485.5	533.5	48.0	0.33	2.85
30-1059	8.0	308.0	300.0	0.39	3.17
And	501.0	535.0	34.0	0.28	2.33
30-1060	26.0	246.5	220.5	0.29	2.09
And	387.0	598.0	211.0	0.42	2.27	0.009
30-1063	86.0	155.0	69.0	0.56	3.30
(including)	114.2	120.6	6.4	3.19	16.8
And	192.0	301.5	109.5	0.32	2.52	0.019
And	490.5	552.0	61.5	0.33	2.60	0.011
And	634.5	678.0	43.5	0.48	3.20
30-1069	30.0	267.0	237.0	0.32	2.46
(including)	252.0	264.0	12.0	1.46	9.76
And	303.0	342.0	39.0	0.81	6.85
And	374.7	528.5	148.8	0.63	4.40
*(including)*	*442.5*	*482.2*	*39.7*	*1.21*	*8.18*

"Bruce A MacLachlan"	"David B Graham"
Bruce MacLachlan	David Graham
President and COO	CEO

Direct line: (705) 266-0847

Email: bruce@boldventuresinc.com

*Number of Directors*
Resolution	Votes For	Votes Against
Resolution to set the size of the Board of Directors to nine directors	246,926,144 (99.51%)	1,209,794 (0.49%)

*Election of Directors*
Director Nominee	Votes For	Votes Withheld
John Begeman	210,529,352 (98.35%)	3,537,518 (1.65%)
Neil de Gelder	172,635,326 (80.65%)	41,431,544 (19.35%)
Chantal Gosselin	212,837,785 (99.43%)	1,229,087 (0.57%)
Charles Jeannes	208,668,354 (97.48%)	5,398,516 (2.52%)
Kimberly Keating	212,981,263 (99.49%)	1,085,607 (0.51%)
Jennifer Maki	210,371,231 (98.27%)	3,695,638 (1.73%)
Kathleen Sendall	212,987,985 (99.50%)	1,078,885 (0.50%)
Michael Steinmann	213,524,644 (99.75%)	542,227 (0.25%)
Gillian Winckler	213,396,113 (99.69%)	670,758 (0.31%)

*Appointment of Auditor*
Resolution	Votes For	Votes Withheld
Resolution to appoint Deloitte LLP as auditors of the Company until its next annual general meeting and to authorize the directors of the Company to fix the remuneration to be paid to the auditors Company	223,262,957 (89.98%)	24,872,980 (10.02%)

*Say-on-Pay*
Resolution	Votes For	Votes Against
Advisory resolution to approve the Company's approach to executive compensation	204,185,486 (95.38%)	9,881,377 (4.62%)

David Southam Executive Chair T: +61 8 6118 1627 E: info@cygnusmetals.com	Ernest Mast President & Managing Director T: +1 647 921 0501 E: info@cygnusmetals.com	Media: Paul Armstrong Read Corporate T: +61 8 9388 1474

Hole ID	X	Y	Z	Azi	Dip	Depth (m)	From (m)	To (m)	Interval (m)	Cu (%)	Ag (g/t)	Au (g/t)	AuEq (g/t)
LDR-25-06	549560	5525483	375	215	-51	474.0	Pending Assays
LDR-25-07	549453	5525313	375	215	-55	261.0	Pending Assays
LDR-25-08	549524	5525441	375	246	-57	516.0	405.6	413.1	7.4	0.9	5.6	4.6	5.7
						including	409.0	412.1	3.1	1.6	10.0	7.4	9.6
							463.8	466.7	2.9	1.4	3.3	8.3	10.2
						including	463.8	465.2	1.4	2.3	5.7	15.8	18.9
						including	464.2	464.6	0.4	7.2	18.0	51.3	60.8
LDR-25-09	549445	5525319	375	238	-54	252.0	Pending Assays
LDR-25-10	549489	5525229	375	220	-60	237.0	Pending Assays

Deposit	Category	Tonnes (k)	Cu Grade (%)	Au Grade (g/t)	Cu Metal (kt)	Au Metal (koz)	CuEq Grade (%)
Corner Bay (2022)	Indicated	2,700	2.7	0.3	71	22	2.9
Corner Bay (2022)	Inferred	5,900	3.4	0.3	201	51	3.6
Devlin (2022)	Measured	120	2.7	0.3	3	1	2.9
	Indicated	660	2.1	0.2	14	4	2.3
	Measured & Indicated	780	2.2	0.2	17	5	2.4
	Inferred	480	1.8	0.2	9	3	2.0
Joe Mann (2022)	Inferred	610	0.2	6.8	1	133	5.5
Cedar Bay (2018)	Indicated	130	1.6	9.4	2	39	8.9
Cedar Bay (2018)	Inferred	230	2.1	8.3	5	61	8.5
Total	Measured & Indicated	3,600	2.5	0.6	90	66	3.0
Total	Inferred	7,200	3.0	1.1	216	248	3.8

Criteria	JORC Code explanation	Commentary
Sampling techniques	Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.	All drilling conducted by Cygnus Metals at the Chibougamau Project was completed under the supervision of a registered professional geologist as a Qualified Person (QP) who is responsible and accountable for the planning, execution, and supervision of all exploration activity as well as the implementation of quality assurance programs and reporting. All Cygnus drilling reported is NQ size (47.8 mm diameter).
	Include reference to measures taken to ensure sample representativity and the appropriate calibration of any measurement tools or systems used.	All sample collection, core logging, and specific gravity determinations were completed by Cygnus Metals under the supervision of a professionally qualified registered geologist. NQ core was marked for splitting during logging and is sawn using a diamond core saw with a mounted jig to assure the core is cut lengthwise into equal halves. Half of the cut core is placed in clean individual plastic bags with the appropriate sample tag. QA/QC is done in house by Cygnus Metals geologists with oversight from the Senior Geologist. The check samples (blanks and standards – 4% of total samples with another 2% of core duplicates taken on half split core) that were inserted into the sample batches are verified against their certified values and are deemed a pass if they are within 3 standard deviations of the certified value. The duplicates are evaluated against each other to determine mineralization distribution (nugget). If there are large discrepancies in the check samples, then the entire batch is requested to be re-assayed. The samples are then placed in bags for shipment to the offsite laboratory's facility. The remaining half of the core is retained and incorporated into Cygnus's secure, core library located on the property.
	Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard' work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	Industry standard sampling practices were used with sample lengths ranging from 0.3 m to 1.0 m and respected geological contacts. Sample tags were placed at the beginning of each sample interval and the tag numbers were recorded in an MS Excel database. Sampling practice is considered to be appropriate to the geology and style of mineralisation.
Drilling techniques	Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).	Diamond core was drilled using surface diamond rigs with industry recognised contractors Miikan Drilling. Miikan is a joint venture between Chibougamau Diamond Drilling Ltd., the First Nations community of Ouje-Bougoumou and the First Nations community of Mistissini both located in the Eeyou Istchee territory. Drilling was conducted using NQ core size. Directional surveys have been taken at 50m intervals.
Drill sample recovery	Method of recording and assessing core and chip sample recoveries and results assessed. Measures taken to maximise sample recovery and ensure representative nature of the samples. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	Diamond core recovery was measured for each run and calculated as a percentage of the drilled interval. Overall, the core recoveries are excellent in the Chibougamau area. As a result, no bias exists.
Logging	Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.	All core was geologically and geotechnically logged. Lithology, veining, alteration and mineralisation are recorded in multiple tables of the drillhole database.
	Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.	Geological logging of core is qualitative and descriptive in nature.
	The total length and percentage of the relevant intersections logged.	100% of the core has been logged.
Sub-sampling techniques and sample preparation	If core, whether cut or sawn and whether quarter, half or all core taken. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. For all sample types, the nature, quality and appropriateness of the sample preparation technique. Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. Whether sample sizes are appropriate to the grain size of the material being sampled.	The NQ diameter the core was sawn in half following a sample cutting line determined by geologists during logging and submitted for analysis on nominal 1m intervals or defined by geological boundaries determined by the logging geologist. Each core sample is assigned a tag with a unique identifying number. Sample lengths are typically one metre but can be depending on zone mineralogy and boundaries. This sampling technique is industry standard and deemed appropriate. Samples sizes are considered appropriate to grain size of the materials being sampled.
Quality of assay data and laboratory tests	The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.	Sample (NQ size half core) preparation and fire assay analysis were done at Bureau Veritas Commodities Canada Ltd ("BV") in Timmins, Ontario, and ICP-ES multi-elements analysis was done at BV in Vancouver, B.C. Samples were weighed, dried, crushed to 70% passing 2 mm, split to 250 g, and pulverized to 85% passing 75 µm. Samples are fire assayed for gold (Au) (50 g) and multi-acid digestion ICP-ES finish, for 23 elements (including key elements Ag, Cu, Mo). Samples with visible gold or likely to have gold grains are analysed with metallic screen fire assay. Samples assaying >10.0 g/t Au are re-analysed with a gravimetric finish using a 50 g charge. Samples assaying >10% Cu are re-analysed with a sodium peroxide fusion with ICP-ES analysis using a 0.25 g charge.
	For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.	None used.
	Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	At Bureau Veritas, laboratory QC procedures involve the use of internal certified reference material as assay standards, along with blanks, duplicates and replicates.
Verification of sampling and assaying	The verification of significant intersections by either independent or alternative company personnel.	Verification of sampling was made by Cygnus Metals and other professional consultant geologists.
	The use of twinned holes.	No hole is twinned.
	Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.	All logging data was completed, core marked up, logging and sampling data was entered directly into the database. The logged data is stored on the site server directly.
	Discuss any adjustment to assay data.	There was no adjustment to the assay data.
Location of data points	Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.	The location of the drill holes and the aiming points for the orientation of the drill holes were indicated on the ground using identified stakes. The stakes marking the location of the drillholes were set up and located with a Garmin GPS model "GPSmap 62s" (4m accuracy). Surveys are collected using a Reflex EZ-Shot® single-shot electronic instrument with readings collected at intervals of approximately every 30 m downhole plus a reading at the bottom of the hole.
	Specification of the grid system used.	The grid system used is UTM NAD83 (Zone 18).
	Quality and adequacy of topographic control.	A Digital Terrane Model (DTM) has been used to accurately plot the vertical position of the holes, which is considered to provide an adequate level of topographic control.
Data spacing and distribution	Data spacing for reporting of Exploration Results.	The drill spacing for recent drilling is considered appropriate for this type of exploration. Due to the historic nature and mix of underground and surface drilling the drill hole spacing for historic drill results is highly variable.
	Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.	No resource estimation is made.
	Whether sample compositing has been applied.	No sample compositing has been applied.
Orientation of data in relation to geological structure	Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.	Recent drilling is orientated approximately at right angles to the currently interpreted strike of the known interpreted mineralisation. Due to the historic nature of the drilling the drill hole orientation for historic drill results is highly variable.
Orientation of data in relation to geological structure	If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	No bias is considered to have been introduced by the existing sampling orientation.
Sample security	The measures taken to ensure sample security.	Core was placed in wooden core boxes close to the drill rig by the drilling contractor. The core was collected daily by the drilling contractor and delivered to the secure core logging facility. Access to the core logging facility is limited to Cygnus employees or designates.
Audits or reviews	The results of any audits or reviews of sampling techniques and data.	No audits or reviews of sampling techniques or data have been undertaken, therefore information on audits or reviews is not yet available.

Hole ID	From (m)	To (m)	Interval (m)	Mineral 1	%	Mineral 2	%	Mineral 3	%	Visible Gold (%)	Total Sulphide (%)
LDR-25-09	74.3	74.7	0.4	Pyrite	0.1	Chalcopyrite	0.1				0.2
LDR-25-09	152.65	157.1	4.45	Pyrite	2						2
LDR-25-09	158.5	159.15	0.65	Pyrite	2	Chalcopyrite	0.1	Sphalerite	0.1		2.2
LDR-25-09	159.15	159.75	0.6	Chalcopyrite	0.2	Pyrite	0.1	Sphalerite	0.1		0.4
LDR-25-09	168.85	169.45	0.6	Pyrite	2	Chalcopyrite	0.1				2.1
LDR-25-09	169.45	170.5	1.05	Pyrite	10	Chalcopyrite	0.2				10.2
LDR-25-09	174.15	174.85	0.7	Pyrite	5	Chalcopyrite	1				6
LDR-25-09	174.85	175.25	0.4	Chalcopyrite	1.5	Pyrite	0.1				1.6
LDR-25-09	177	177.5	0.5	Chalcopyrite	1	Pyrite	0.1				1.1
LDR-25-09	188.9	189.3	0.4	Chalcopyrite	3	Pyrite	0.1				3.1
LDR-25-09	190.3	190.7	0.4	Chalcopyrite	0.5	Pyrite	0.1				0.6
LDR-25-09	193.5	194.1	0.6	Chalcopyrite	5	Pyrite	0.1				5.1
LDR-25-09	197.5	198	0.5	Chalcopyrite	1						1
LDR-25-09	204	204.4	0.4	Chalcopyrite	0.5						0.5
LDR-25-09	204.4	204.9	0.5	Chalcopyrite	0.2	Pyrite	0.2	Sphalerite	0.1		0.5
LDR-25-09	204.9	205.4	0.5	Pyrite	10	Chalcopyrite	0.1				10.1
LDR-25-09	205.4	205.9	0.5	Pyrite	5	Chalcopyrite	0.1	Sphalerite	0.1		5.2
LDR-25-09	205.9	206.55	0.65	Chalcopyrite	3	Pyrite	1	Sphalerite	0.1		4.1
LDR-25-09	208.55	209	0.45	Chalcopyrite	0.5	Pyrite	0.1				0.6
LDR-25-09	209	209.6	0.6	Chalcopyrite	2	Sphalerite	0.2				2.2
LDR-25-09	209.6	210	0.4	Chalcopyrite	7						7
LDR-25-09	210	210.7	0.7	Chalcopyrite	20	Pyrite	20			0.1	40
LDR-25-09	210.7	211.5	0.8	Pyrite	25	Chalcopyrite	2	Stibnite	1		28
LDR-25-09	211.5	212	0.5	Pyrite	2	Chalcopyrite	0.1	Sphalerite	0.1		2.2
LDR-25-09	212	212.9	0.9	Pyrite	4	Chalcopyrite	2	Sphalerite	0.1		6.1
LDR-25-09	214	215	1	Chalcopyrite	0.5	Pyrite	0.2				0.7
LDR-25-09	215	215.8	0.8	Pyrite	4	Chalcopyrite	0.1				4.1
LDR-25-09	220.6	221.3	0.7	Chalcopyrite	1	Pyrite	0.1				1.1
LDR-25-09	222.75	223.3	0.55	Chalcopyrite	3	Pyrite	0.1				3.1
LDR-25-09	226.5	227.1	0.6	Pyrite	2	Chalcopyrite	1				3
LDR-25-09	227.1	228	0.9	Pyrite	20	Chalcopyrite	0.5				20.5
LDR-25-09	228	228.5	0.5	Pyrite	20	Chalcopyrite	8				28
LDR-25-09	228.5	229	0.5	Pyrite	5	Chalcopyrite	0.1				5.1

Osisko Metals Reports Additional Drill Results From Pine Point With Up to 10 Metres Grading 8.71% Zn + Pb

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Amanda Johnston - Vice President Finance

Alexandria Marcotte - Vice President Exploration

Lili Mance - Vice President, Corporate Secretary

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