Wicheeda Rare Earth Project Reports High-Grade Drill Results in Spring 2026 Program

core holes (totaling 1,633 meters) of its spring 2026 drill program at the Wicheeda Rare Earth Project in British Columbia, Canada. Highlights include: Hole WI26-96 returned 65 meters at 2.86% TREO, including 20.3 meters at 6.15% TREO; Hole WI26-93 returned 184 meters at 1.70% TREO, including 57 meters at 2.52% TREO; Hole WI26-86 returned 69.8 meters at 3.69% TREO, including 32 meters at 5.03% TREO; Hole WI26-100 returned 149 meters at 1.55% TREO, including 85 meters at 2.40% TREO; and Hole WI26-102 returned 73.4 meters at 2.62% TREO, including 34.3 meters at 3.25% TREO.

The Wicheeda project benefits from excellent infrastructure, located approximately 80 km from Prince George with access to road, rail, power, and gas facilities. The 2025 PFS outlined an after-tax NPV of C$1 billion, an after-tax IRR of 19%, initial capital costs of C$1.4 billion, and a 15-year mine life producing 31,900 t/year of TREO concentrate. These results reinforce Wicheeda's potential as one of Canada's most advanced and accessible rare earth projects.