StrategX Provides Update on Critical Metals Exploration Activities at the Nagvaak Project, Nunavut, Canada

StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") has mobilized and established key logistics for its 2025 exploration program at the Nagvaak Project ("Nagvaak"). Nagvaak represents a geological discovery with the potential to delineate a significant critical metals deposit on the Melville Peninsula. New regional exploration efforts and recently analyzed data have also highlighted a series of additional prospective targets.

Key Developments:

New Regional Targets Identified: Recent surface exploration efforts have identified additional critical metals targets (copper, nickel, vanadium, cobalt and graphite) within a 200 km by 100 km area in the same sedimentary belt hosting Nagvaak, showcasing the region's substantial untapped potential. (See Figure 1.)
Drill Site & Base Camp: The Company has successfully positioned a drill rig at the first priority target site and completed the establishment of a base camp to support the 2025 drill campaign at Nagvaak. (See Figure 2.)
Supply Chain Established: Three container shipments of equipment and materials were delivered to the Melville Peninsula in September and October, ensuring a robust inventory to support future exploration activities.
Community Engagement: StrategX continues fostering strong relationships with local communities, prioritizing local employment and partnering with an Inuit-owned company to manage the camp and provide logistical support.
Operational Planning: Final preparations are underway to secure contractors for the 2025 exploration program, utilizing innovative and cost-effective approaches to maximize operational efficiency and extend the exploration season.

StrategX is focused on advancing Nagvaak as its flagship project, aiming to define a world-class critical metals deposit in Canada. With the summer financing having raised $4.5 million (see StrategX news release June 25^th, 2024), the Company is well positioned to achieve its objectives, supporting both the global green energy transition and national supply chain security.

The establishment of a field base camp on the Melville Peninsula (see Figure 3.) is essential to support the success of future exploration programs developing a new critical metals province in Canada. This underexplored region exhibits geological similarities to other Proterozoic sedimentary belts hosting large-scale critical mineral deposits, providing a strong foundation for future discoveries.

StrategX filed its third-quarter results on November 29^th, 2024, on SEDAR.

Figure 1. Melville Critical Metals Regional Belt Exploration Focus.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8512/232282_64aac6cd2489582b_006full.jpg

Figure 2. Diamond drill rig set up at the first target site DDH1 at Nagvaak for the 2025 drill campaign.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8512/232282_strategxcorp002.jpg

Figure 3. - StrategX's field base camp.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8512/232282_64aac6cd2489582b_009full.jpg

About StrategX

StrategX is an exploration company focused on discovering critical metal deposits in Canada. With five strategic projects situated on the East Arm of the Great Slave Lake in the Northwest Territories and on the Melville Peninsula in Nunavut, we are pioneering exploration discoveries in these untapped regions. By integrating historical exploration data and applying innovative exploration methodology, StrategX is offering investors a unique opportunity to be part of multiple discoveries of new critical metal districts. These important metals are essential for supporting the global green energy transition and national supply chain security. For the latest updates and insights, visit our Investor Portal.

On Behalf of the Board of Directors

Darren G. Bahrey
CEO, President & Director

For further information, please contact:

StrategX Elements Corp.
info@strategXcorp.com
Phone: 778.231.2767

For further information about the Company, please visit our website at www.strategXcorp.com

Neither the Canadian Securities Exchange nor its regulation services accept responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

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StrategX Announces Executive Change

StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") announces that Gary Wong has stepped down from his role as the Company's Vice President of Exploration. While Gary is transitioning from this position, he will continue to contribute to other capacities, bringing his expertise and leadership to key projects. The Board would like to thank Gary for his efforts and contributions over the past two years.

About StrategX
StrategX is an exploration company focused on discovering critical metals in northern Canada. With projects on the East Arm of the Great Slave Lake (Northwest Territories) and the Melville Peninsula (Nunavut), the Company is pioneering new district-scale discoveries in these underexplored regions. By integrating historical data with modern exploration techniques, StrategX provides investors with a unique opportunity to participate in discovering essential metals crucial to electrification, global green energy, and supply chain security.

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StrategX Discovers Extensive High-Grade Graphite at Nagvaak and Expands Mineral Claims to 79,781 Hectares on the Melville Peninsula, Nunavut, Canada

StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") is pleased to announce the discovery of a wide zone of high-grade graphite mineralization at its Nagvaak property on the Melville Peninsula, Nunavut. A 32-metre drill core interval from historical drill hole NAG96-17 returned an average grade of 15% graphitic carbon (Cg), with a 17-metre section grading 22% Cg. These results reinforce the potential for a significant graphite deposit within the emerging Melville Critical Metals Belt.

Building on this success, StrategX has expanded its mineral claim property position to 79,781 hectares, securing control over a highly prospective critical minerals district. The Company is advancing exploration efforts in the region, positioning itself at the forefront of critical mineral discoveries in Canada.

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StrategX Discovers High-Grade Copper at East Arm, Great Slave Lake, Northwest Territories, Canada

StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") is pleased to announce the discovery of high-grade copper mineralization at its East Arm Copper Project ("East Arm"). Recent surface sampling has returned copper values ranging from 1% to 10%, underscoring significant exploration potential within a 2-km corridor of sedimentary-hosted mineralization accessible from the Great Slave Lake. Encouraged by these results, the Company has expanded its property position by staking an additional 6,425 hectares in the area.

StrategX's copper targets at East Arm are situated along a major continental-scale craton margin, hosted in Paleoproterozoic sediments, and occur on trend with the Pine Point Zinc mine, currently being developed by Osisko Metals. For further details, refer to Figures 1-4.

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StrategX Elements Corp. Announces Board Changes and Appointment of Strategic Advisors

StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") is pleased to announce Marcio Fonseca has been appointed to the Board of Directors of the Company as an independent director and the new Chair of the Company's Audit Committee effective immediately.

Darren Bahrey, President and CEO, stated, "On behalf of the Company we are excited to have Mr. Fonseca join the Board. His appointment further enhances our board by adding business development, capital markets, and track records in the discovery and development of successful mining projects worldwide. We look forward to working closely with him on continuing the responsible growth of the Company with his knowledgeable guidance on delineating potential Tier 1 discoveries and the development of critical mineral deposits in northern Canada. With the addition of Marcio, our team and board have extensive experience working in all phases of exploration, project development and operations, including transactions in the capital markets."

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StrategX Elements Corp. Completes $4.5 Million Charity FT Private Placement

StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company"), is pleased to announce the successful completion of its previously announced $4,500,000 charity flow-through private placement (the "Charity FT Financing"). No warrants or finder's fees were issued or paid in conjunction with this financing.

The Charity FT Financing, closed on June 24, 2024, involved the issuance of 15,000,000 common shares (the "Charity FT Shares") priced at $0.30 per share, generating gross proceeds of $4,500,000. These funds will be dedicated to funding "Canadian exploration expenses" qualifying as "flow-through critical mineral mining expenditures," pursuant to the Income Tax Act (Canada), related to StrategX's properties by December 31, 2025. The Company will renounce all Qualifying Expenditures in favour of Charity FT Shares subscribers effective December 31, 2024. All Charity FT Shares issued under the Charity FT Financing are subject to a hold period expiring October 25, 2024, in accordance with applicable securities laws in Canada and the policies of the Canadian Securities Exchange ("CSE").

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Finlay Minerals announces the commencement of the 2025 PIL & ATTY Property Exploration Programs

finlay minerals ltd. (TSXV: FYL) (OTCQB: FYMNF) ("Finlay" or the "Company") is pleased to announce the start of the 2025 exploration programs for its PIL and ATTY Properties within the Toodoggone Mining District of Northern British Columbia . These programs are fully funded under the Earn-In Agreements with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport"). Under these agreements, Freeport can earn up to an 80% interest in each property by investing $35 million in exploration expenditures and making cash payments of $4.1 million over a period of six years. ( Reference #1 ).

The exploration programs at PIL and ATTY are designed to best outline and prioritize as many targets as possible for drill testing in 2026. The 2025 programs at both PIL and ATTY will consist of the following activities with Finlay acting as Operator:

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Table 1 - NAG96-17 Assay results * Indicates newly analyzed values. All other values have been previously released.
Sample #	From	To	C Graphitic	Mo	Zn	Ag	Ni	Cu	Au + PGE	V2O5
Sample #	From	To	%	%	%	g/t	%	%	g/t	%
NC-245*	2.4	3.4	28.00	0.04	0.10	9.12	0.13	0.19	0.25	0.34
NC-246*	3.4	4.4	28.20	0.04	0.28	6.79	0.17	0.09	0.05	0.33
NC-247*	4.4	5.4	8.89	0.04	0.09	9.68	0.14	0.15	0.07	0.53
NC-248*	5.4	6.4	7.01	0.04	0.03	9.66	0.13	0.16	0.06	0.55
NC-249*	6.4	7.4	12.60	0.03	0.06	6.46	0.27	0.16	0.21	0.41
NC-249B*	7.4	8.4	2.03	0.04	0.08	14.20	0.20	0.29	0.07	0.44
NC-250*	8.4	9.4	0.10	0.01	0.14	8.28	0.26	0.15	0.10	0.32
NC-251*	9.4	10.4	0.09	0.01	0.13	4.38	0.15	0.07	0.13	0.14
NC-252*	10.4	11.4	0.02	0.00	0.02	10.60	0.21	0.19	0.10	0.21
NC-253*	11.4	12.4	0.06	0.03	0.03	5.32	0.10	0.10	0.05	0.27
NC-254*	12.4	13.4	0.05	0.02	0.02	1.90	0.03	0.02	0.02	0.18
NC-255*	13.4	14.4	0.12	0.00	0.06	2.86	0.06	0.04	0.04	0.18
NC-256*	14.4	15.4	2.51	0.03	0.05	3.62	0.08	0.06	0.03	0.29
NC-257	15.4	16.4	11.85	0.05	0.04	4.92	0.14	0.11	0.05	0.26
NC-258	16.4	17.4	10.15	0.02	0.08	5.23	0.39	0.10	0.05	0.29
NC-259	17.4	18.4	31.00	0.04	0.64	8.28	0.21	0.11	0.05	0.42
NC-260	18.4	19.4	14.95	0.03	0.61	7.97	0.29	0.14	0.19	0.47
NC-261	19.4	20.4	23.90	0.04	3.55	6.33	0.25	0.12	0.07	0.30
NC-262	20.4	21.4	25.30	0.04	0.64	7.20	0.12	0.10	0.06	0.42
NC-263	21.4	22.4	20.10	0.03	0.30	7.46	0.30	0.08	0.07	0.41
NC-264	22.4	23.4	23.60	0.04	0.87	7.30	0.19	0.08	0.07	0.35
NC-265	23.4	24.4	25.20	0.02	2.42	9.51	0.21	0.16	0.18	0.36
NC-266*	24.4	25.4	26.90	0.03	0.60	7.59	0.19	0.07	0.07	0.34
NC-267*	25.4	26.4	22.90	0.03	0.07	10.80	0.11	0.23	0.03	0.41
NC-268*	26.4	27.4	23.00	0.02	0.80	6.98	0.24	0.13	0.10	0.41
NC-269*	27.4	28.4	25.50	0.03	0.02	9.45	0.24	0.19	0.11	0.33
NC-270	28.4	29.4	na	0.04	0.08	12.90	0.24	0.31	0.11	0.38
NC-271	29.4	30.4	22.80	0.04	0.13	8.75	0.33	0.18	0.14	0.43
NC-272	31.4	32.4	18.10	0.05	0.09	6.80	0.24	0.12	0.11	0.48
NC-273	32.4	33.4	15.05	0.05	0.17	7.52	0.19	0.14	0.07	0.50
NC-274	33.4	34.4	25.30	0.04	1.11	12.10	0.24	0.23	0.14	0.44
NC-275	34.4	35.1	29.60	0.04	1.01	10.15	0.26	0.08	0.09	0.44
NO SAMPLE	35.1	36.0	na	na	na	na	na	na	na	na
NC-276	36.0	37.0	34.90	0.04	0.65	9.19	0.29	0.08	0.12	0.30
NC-277	37.0	38.0	18.25	0.04	2.02	12.65	0.31	0.22	0.16	0.44
NC-278	38.0	39.0	11.15	0.04	0.46	13.65	0.36	0.22	0.08	0.40
NC-279	39.0	40.0	10.90	0.03	3.65	14.20	0.54	0.24	0.27	0.36
NC-280	40.0	41.0	11.15	0.03	2.46	12.70	0.40	0.18	0.16	0.32
NC-281*	41.0	42.0	9.36	0.03	0.88	7.73	0.31	0.17	0.11	0.49
NC-282*	42.0	43.0	4.26	0.04	0.52	5.13	0.27	0.11	0.08	0.58
NC-283*	43.0	44.0	1.72	0.04	0.13	5.56	0.14	0.08	0.06	0.60
NC-284*	44.0	45.0	5.78	0.05	0.47	7.43	0.49	0.15	0.12	0.51
NC-285*	45.0	46.0	3.14	0.04	1.06	7.44	0.49	0.14	0.08	0.48
NC-286*	46.0	47.0	2.21	0.03	0.57	6.30	0.37	0.11	0.10	0.49
NC-287*	47.0	48.0	0.20	0.02	0.13	3.96	0.09	0.06	0.06	0.51
NC-288*	48.0	49.0	0.10	0.04	0.16	2.79	0.08	0.05	0.08	0.45
NO SAMPLE	49.0	54.8	na	na	na	Na	na	na	na	na
NC-289*	54.8	55.8	2.80	0.01	0.07	0.78	0.06	0.03	0.03	0.15
NC-290*	55.8	56.8	1.36	0.01	0.03	0.54	0.03	0.02	0.02	0.08
NC-291*	56.8	57.8	2.19	0.01	0.11	0.56	0.04	0.03	0.01	0.06
NC-292*	57.8	58.8	2.51	0.02	0.40	1.12	0.09	0.06	0.06	0.26
NC-293*	58.8	59.8	23.80	0.04	0.49	1.40	0.29	0.10	0.10	0.43
NC-294*	59.8	60.8	26.20	0.04	1.01	1.08	0.28	0.05	0.06	0.37
NC-295*	60.8	61.8	18.90	0.05	1.17	1.87	0.19	0.14	0.11	0.49
NC-296*	61.8	62.8	23.20	0.02	0.05	2.65	0.37	0.17	0.09	0.35
NC-297*	62.8	63.8	2.19	0.00	0.01	0.17	0.01	0.01	0.00	0.03
NC-298*	63.8	64.4	0.60	0.00	0.01	0.11	0.01	0.00	0.00	0.01

Table 1 - StrategX Assay Results (2024)
Northing	Easting	Silver (Ag) ppm	Copper (Cu) ppm	Copper (Cu) %
488362	6903463	24.9	>10000	1.28
488374	6903459	54.5	>10000	5.11
488415	6903479	7.0	>10000	6.05
488440	6903303	0.7	336	0.03
488395	6903282	1.9	267	0.03
488384	6903272	1.4	661	0.06
488376	6903258	2.8	1320	0.13
488432	6903261	1.1	52.5	0.01
488444	6903278	0.6	249	0.03
488483	6903343	10.0	>10000	2.65
488559	6903391	42.6	>10000	10.10
488585	6903403	33.2	>10000	2.91

Event	Date
Trading Halt lifted	Friday, 20 June 2025
Settlement of Tranche 1 Shares	Thursday, 26 June 2025
Issue and application for quotation of Tranche 1 Shares	Friday, 27 June 2025
General meeting of Cygnus shareholders to approve issue of Tranche 2 Shares	Targeting August 2025
Settlement of Tranche 2 Shares	Shortly after receipt of shareholder approval

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

Investing News NetworkYour trusted source for investing success

StrategX Provides Update on Critical Metals Exploration Activities at the Nagvaak Project, Nunavut, Canada

StrategX Announces Executive Change

StrategX Discovers Extensive High-Grade Graphite at Nagvaak and Expands Mineral Claims to 79,781 Hectares on the Melville Peninsula, Nunavut, Canada

StrategX Discovers High-Grade Copper at East Arm, Great Slave Lake, Northwest Territories, Canada

StrategX Elements Corp. Announces Board Changes and Appointment of Strategic Advisors

StrategX Elements Corp. Completes $4.5 Million Charity FT Private Placement

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Cygnus raises $18.3m to accelerate resource growth and mining studies

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New tenement application secured at Ashburton project

Finlay Minerals announces the commencement of the 2025 PIL & ATTY Property Exploration Programs

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	Cygnus Managing Director David Southam said : "We have been generating outstanding results at Chibougamau and the proceeds of this raising will enable us to unlock the value much faster. "There is clearly immense scope to grow and upgrade the project's resource on the back of Corner Bay and Golden Eye. Given this potential, we want to move as quickly as possible on the exploration front and advance our study work at the same time. "This comes against a backdrop of increased M&A activity in the copper space which demonstrates that finding high-grade copper/gold projects with infrastructure in mining friendly jurisdictions are rare – we just happen to have one of the best".