Loyalist Exploration Amends Gold Rush Property Option Agreement

Toronto, Ontario — October 10, 2025 — Leads & Copy — Loyalist Exploration Limited (CSE: PNGC) has amended its option agreement to acquire 100% interest in the Gold Rush Property, located 30 km west of Timmins, Ontario, from a prospector. The amendment, dated March 31, 2025, adjusts cash payments and includes the issuance of 500,000 common shares, pending CSE approval.

The original agreement granted Loyalist an option to acquire the Gold Rush Property, composed of 41 contiguous mineral claims within the Timmins Gold Camp. Consulting geologist Curtis Ferron is currently prospecting and collecting data on the Gold Rush and Loveland properties to plan future exploration programs.

The amended terms include a reduction in cash payments due in April 2025 from $25,000 to $20,000 (paid October 9, 2025) and the issuance of 500,000 common shares, subject to CSE approval. These shares will be subject to a four-month hold period. All other terms of the original Option Agreement remain unchanged.

Loyalist Exploration is focused on acquiring and developing mineral properties in Canada, particularly within the Timmins mining camp. Their key assets include the Tully gold deposit, the Loveland nickel/copper/gold property, and the Gold Rush gold/silver property.

Errol Farr, President and CEO
Email: efarr001@icloud.com
Tel: 647-296-1270

Source: Loyalist Exploration Limited