Walker Lane Resources Ltd. (TSX – V: WLR) (F r ankfurt:6YL ) (‘WLR’ o r t h e ‘ Comp a ny’) is pleased to announce, further to its news releases of June 10, 2025, that it has received TSX Venture Exchange approval to close the non-brokered private placement (the ‘ Private Placement ‘). On July 23, 2025, the Company issued 2,508,335 non-flow through Units (each a ‘ NFT Unit ‘) at a price of $0.12 per NFT Unit, for gross proceeds of $301,000, and 607,143 flow-through Units (each a ‘ FT Unit ‘) at a price of $0.14 per FT Unit, for gross proceeds of $85,000, for aggregate gross proceeds of $386,000. Each NFT Unit is composed of one common share and one common share purchase warrant (each whole warrant, a ‘ NFT Warrant ‘). Each FT Unit is composed of one common share and one common share purchase warrant (each whole warrant, a ‘ FT Warrant ‘), each NFT Warrant and each FT Warrant are exercisable for two (2) years at $0.16 per common share.

An insider of the Company subscribed for an aggregate of 1,178,571 Units, composed of 750,000 NFT Units and 428,571 FT Units. Such participation was considered to be a ‘related party transaction’ as this term is defined in Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (‘ MI 61-101 ‘). The Company relied on the exemption from valuation requirement and minority approval pursuant to subsection 5.5(a) and 5.7(a) of MI 61-101, respectively, for the insider participation in the Offering, as the securities do not represent more than 25% of the Company’s market capitalization, as determined in accordance with MI 61-101.

The Company intends to use the proceeds from the sale of FT Units to incur ‘Canadian exploration expenses’ and ‘flow through mining expenditures’ as these terms are defined in the Income Tax Act (Canada) and, in particular, the Company’s exploration program at its Amy and Silver Hart Properties in the Rancheria Silver District, (Yukon/British Columbia), and potentially limited activities at Logjam (Yukon). Such proceeds will be renounced to the subscribers with an effective date not later than December 31, 2025, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of FT Units. The Company intends to use the net proceeds from the sale of NFT units for its properties in Nevada including Tule Canyon, Cambridge and Silver Mountain and for general working capital. The FT and NFT Units issued under the financing are subject to a four-month hold.

   A     bout Walker Lane Resources Ltd.   

 Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate exploration programs to advance the drill-ready Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria Silver, B.C.) projects to resource definition stage through proposed drilling campaigns that the Company desires to undertake in the near future.

The company intends to conduct early stage exploration efforts on its Cambridge and Silver Mountain Properties in the Walker Lane Area, Nevada, evaluate its Silver Hart/Blue Heaven property for medium term development, and advancing exploration on its Logjam property in Yukon.

On behalf of the Board:
   ‘Kevin Brewer’    
Kevin Brewer, President, CEO and Director
Walker Lane Resources Ltd.

For Further Information and Investor Inquiries:  

Kevin Brewer, P. Geo., MBA, B.Sc. (Hons), Dip. Mine Eng.
President, CEO and Director
Tel: (709) 327 8013
  kbrewer80@hotmail.com   
  Telephone (604) 602-0001   
  www.walkerlaneresources.com   
Suite 1600-409 Granville St.,
Vancouver, BC, V6C 1T2

   Ne     i     t     h     er     t     h     e     TS     X     Ven     t     ure     Exc     h     a     n     ge     n     o     r     its     Reg     u     l     a     ti     o     n     S     ervices     Prov     i     der     (as     t     h     at     term     is     de     fi     ned     in     t     h     e p     o     li     c     ies     of     the     T     SX     Vent     u     re     Excha     n     ge)     accepts     re     s     ponsi     b     ility     f     or     t     he     ade     q     u     acy     or     accuracy     of     this     release.   

  Cautionary and Forward-Looking Statements  

This press release and related figures, contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘anticipate’, ‘plans’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘should’, ‘believe’ ‘targeted’, ‘can’, ‘anticipates’, ‘intends’, ‘likely’, ‘should’, ‘could’ or grammatical variations thereof and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this presentation. These forward-looking statements include, but are not limited to, statements concerning: our strategy and priorities including certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule Canyon, Cambridge, Silver Mountain, and Shamrock Properties in Nevada (USA), and its Silverknife and Amy properties in British Columbia, the Silver Hart, Blue Heaven and Logjam properties in Yukon all of which now comprise the mineral property assets of WLR. WLR has assumed other assets of CMC Metals Ltd. including common share holdings of North Bay Resources Inc. and all conditions and agreements pertaining to the sale of the Bishop mill gold processing facility and remains subject to the condition of the option of the Silverknife Property with Coeur Silvertip Holdings Ltd. These forward-looking statements reflect the Company’s current beliefs and are based on information currently available to the Company and assumptions the Company believes are reasonable. The Company has made various assumptions, including, among others, that: the historical information related to the Company’s properties is reliable; the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore the Company’s properties; the Company will be able to raise any necessary additional capital on reasonable terms to execute its business plan; the Company’s current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; and budgeted costs and expenditures are and will continue to be accurate. Actual results and developments may differ materially from results and developments discussed in the forward looking statements as they are subject to a number of significant risks and uncertainties, including: public health threats; fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; other risk factors set out in this presentation; and other risk factors set out in the Company’s public disclosure documents. Although the Company has attempted to identify significant risks and uncertainties that could cause actual results to differ materially, there may be other risks that cause results not to be as anticipated, estimated or intended. Certain of these risks and uncertainties are beyond the Company’s control. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences or benefits to, or effect on, the Company. The information contained in this presentation is derived from management of the Company and otherwise from publicly available information and does not purport to contain all of the information that an investor may desire to have in evaluating the Company. The information has not been independently verified, may prove to be imprecise, and is subject to material updating, revision and further amendment. While management is not aware of any misstatements regarding any industry data presented herein, no representation or warranty, express or implied, is made or given by or on behalf of the Company as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such information or opinions. The forward-looking statements and information in this presentation speak only as of the date of this presentation and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Although the Company believes that the expectations reflected in the forward-looking statements and information are reasonable, there can be no assurance that such expectations will prove to be correct. Because of the risks, uncertainties and assumptions contained herein, prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future. To the extent any forward-looking statement in this presentation constitutes ‘future-oriented financial information’ or ‘financial outlooks’ within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to the risks set out above. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses. The Company’s financial projections were not prepared with a view toward compliance with published guidelines of International Financial Reporting Standards and have not been examined, reviewed or compiled by the Company’s accountants or auditors. The Company’s financial projections represent management’s estimates as of the dates indicated thereon.

Nevgold Corp. (‘ NevGold ‘ or the ‘ Company ‘) ( TSXV:NAU,OTC:NAUFF) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce extremely positive antimony (‘Antimony’, ‘Sb’) metallurgical testwork results at its oxide gold-antimony Limousine Butte Project (the ‘Project’, ‘Limo Butte’) in Nevada, one of the world’s prolific mining jurisdictions.

The positive antimony metallurgical recovery results, that have minimal to no impact on gold recoveries, are a key development in unlocking the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development.

   Key Highlights   

• Extremely positive antimony metallurgical testwork results from drill core and surface oxide gold-antimony samples including (Table 2):

 

•  
  • Acid Leaching indicating antimony extraction recovery between 75% and 92%

   

  • Sulfidized Flotation indicating antimony recovery between 61% and 78%

   

  • Core samples were from both Resurrection Ridge and Cadillac Valley, the two most advanced gold-antimony target areas at the Project

   

 

• Acid Leaching and Sulfidized Flotation will be advanced into the next stage of metallurgical testing and trade-off engineering studies  

 

•   Two plus 20-kilogram composite samples of both drill core and surface samples were used for testwork outlining a representative sample of the oxide gold-antimony mineralization at the Project

 

• Antimony recovery has minimal to no impact on the gold recovery in a potential combined gold-antimony mine scenario

 

•   Drill rig will be mobilized in the coming weeks for the next phase of drilling focused on advancing Limo Butte to a gold-antimony Mineral Resource Estimate (‘MRE’) by Q4-2025   

 

  NevGold CEO, Brandon Bonifacio, comments:   ‘The results from the first phase of antimony metallurgical test work at Limo Butte have     exceeded our expectations with up to 92% antimony recovery     . Tests from large bulk samples of both core drilling and surface samples demonstrate that    positive antimony recoveries can be attained through different metallurgical process flowsheets, and that the oxide gold is also recoverable.    The information generated from this program has helped us better understand the metallurgical aspects of the antimony mineralization at the Project, and it will guide the design of future metallurgical testwork programs. It has been an extremely positive, critical development to define    numerous options to positively recover both the gold and antimony from the near-surface oxide mineralization    . We continue to execute in de-risking and advancing the oxide gold-antimony potential, and this is another key milestone achieved in unlocking the substantial value of the Limo Butte Project.’  

   Limo Butte Planned 2025 Activities / Status Update   
NevGold will continue its active exploration program at Limo Butte including:

• Evaluate the historical geological database with focus on gold and antimony (completed) ;

 

• Evaluate and re-analyze historical drilling with focus on gold and antimony (in progress, continues) ;

 

• Metallurgical testwork (    1     ^st     Phase Completed    ) ;

 

• 2025 drilling of gold-antimony targets (drill rig will mobilize over the coming weeks) .

 

  Figure 1 – Limousine Butte Gold-Antimony Project with location of core and surface samples used in the antimony metallurgical testwork program.     To view image please click here    

  Figure 2 – Surface metallurgical grab sample from Resurrection Ridge: silicified and oxidized carbonate breccia with visible stibiconite (antimony) as elongated white crystals up to 6 cm long.     To view image please click here    

   Summary of Antimony Metallurgical Testwork Program   
The gold-antimony zones at Limousine Butte are typically associated with silicification and the formation of jasperoid breccias within the Pilot Shale unit, which is the primary host rock for Carlin-type gold-antimony mineralization in the area.

Two plus 20-kilogram composite samples were sent to the Kappes, Cassiday & Associates laboratory (KCA) in Reno, Nevada, for initial antimony recovery metallurgical test work. The core sample was composed of material from the Resurrection Ridge and Cadilac Valley target areas (Figure 1) ranging from 64 meters to 377 meters deep. The surface outcrop sample was taken from several outcrops in the historically mined Golden Butte pit, and the nearby Nevada Antimony Mine prospect (Figure 1). Both the surface and core samples contained antimony oxide with minor antimony sulfide minerals. Head assays for the composites are summarized in Table 1.

  Table 1 – Summary of test material characteristics from Limo Butte.  

Initial metallurgical testwork on the antimony consisted of various proposed metallurgical processes including gravity, flotation, and leaching methods. The Leach testing consisted of both basic and acid leaches, with the best results produced from acid leaching indicating an overall antimony extraction recovery of between 75% and 92%. The Flotation testing consisted of oxide flotation, sulfide flotation and sulfidized flotation, with the best results produced from the sulfidized flotation indicating an overall antimony recovery of between 61% and 78%. The Gravity testing results indicate an overall antimony recovery of between 25% and 32%. See below in Table 2.  

   Metallurgical Testwork Results – Summary   

  Table 2 – Summary of antimony metallurgical testwork results from Limo Butte.  

  Figure 3 – Limousine Butte Project with historical antimony in rock chips and soils. The total strike length between Resurrection Ridge and Cadillac Valley is +5km.     To view image please click here    

   US Executive Order – Announced March 20, 2025   
The Company is pleased to report the recent, sweeping    Executive Order     to strengthen American mineral production and reduce U.S. reliance on foreign nations for its mineral supply . Antimony (Sb) has been identified as an important ‘Critical Mineral’ in the United States essential for national security, clean energy, and technology applications, yet no domestically mined supply currently exists.  

The Executive Order invokes the use of the Defense Production Act as part of a broad United States (‘US’) Government effort to expand domestic minerals production on national security grounds. As it relates to project permitting, the Order states that it will ‘identify priority projects that can be immediately approved or for which permits can be immediately issued, and take all necessary or appropriate actions…to expedite and issue the relevant permits or approvals.’ Furthermore, the Order includes provisions to accelerate access to private and public capital for domestic projects, including the creation of a ‘dedicated mineral and mineral production fund for domestic investments’ under the Development Finance Corporation (‘DFC’).

This decisive action by the US Government highlights the urgent need to expand domestic minerals output to support supply chain security in the United States. This important Order will help revitalize domestic mineral production by improving the permitting process and providing financial support to qualifying domestic projects.

   Importance of Antimony   
Antimony is considered a ‘Critical Mineral’ by the United States based on the U.S. Geological Survey’s 2022 list (U.S.G.S. (2022)). ‘Critical Minerals’ are metals and non-metals essential to the economy and national security. Antimony is utilized in all manners of military applications, including the manufacturing of armor piercing bullets, night vision goggles, infrared sensors, precision optics, laser sighting, explosive formulations, hardened lead for bullets and shrapnel, ammunition primers, tracer ammunition, nuclear weapons and production, tritium production, flares, military clothing, and communication equipment. Other uses include technology (semi-conductors, circuit boards, electric switches, fluorescent lighting, high quality clear glass and lithium-ion batteries) and clean-energy storage.

Globally, approximately 90% of the world’s current antimony supply is produced by China, Russia, and Tajikistan. Beginning on September 15, 2024, China, which is responsible for nearly half of all global mined antimony output and dominates global refinement and processing, announced that it will restrict antimony exports. In December-2024, China explicitly restricted antimony exports to the United States citing its dual military and civilian uses, which further exacerbated global supply chain concerns. (Lv, A. and Munroe, T. (2024)) The U.S. Department of Defense (‘DOD’) has designated antimony as a ‘Critical Mineral’ due to its importance in national security, and governments are now prioritizing domestic production to mitigate supply chain disruptions. Projects exploring antimony sources in North America play a key role in addressing these challenges.

Perpetua Resources Corp. (‘Perpetua’, NASDAQ:PPTA, TSX:PPTA) has the most advanced domestic gold-antimony project in the United States. Perpetua’s project, known as Stibnite, is located in Idaho approximately 130 km northeast of NevGold’s Nutmeg Mountain and Zeus projects. Positive advancements at Stibnite including the technical development and permitting has led to US$75 million in Department of Defense (‘DOD’) awards, and over $1.8 billion in indicative financing from the Export Import Bank of the United States (‘US EXIM’) (   see Perpetua Resources News Release from April 8, 2024   ) (Perpetua Resources. (2025))

  Figure   4 – Limousine Butte Land Holdings and District Exploration Activity     To view image please click here    

  ON BEHALF OF THE BOARD  

   ‘Signed’   

  Brandon Bonifacio, President & CEO  

For further information, please contact Brandon Bonifacio at bbonifacio@nev-gold.com, call 604-337-4997, or visit our website at   www.nev-gold.com   .

   Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance:   
NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno.

The metallurgical work was carried out by Kappes, Cassiday and Associates based in Reno, Nevada. Head assays were ground to 80% passing 0.075mm and analyzed by standard 30g gold fire assay and multi-elemental analysis ICP-OES methods. Gravity test samples were milled to 80% passing 0.212mm and concentrated by Knelson concentrator and hand-panned to final concentrate and tailings. Flotation test samples were milled to 80% passing 0.045mm and used for the flotation tests using various activators. Leach test samples were milled to 80% passing 0.045mm. The alkaline and acid leach tests were leached at 80 ^o C for 8 hours.

The Company’s Qualified Person (‘QP’), Greg French, Vice President, Exploration has completed a review of the historical data in this press release. The historic data collection chain of custody procedures and analytical results by previous operators appear adequate and were completed to industry standard practices. For the Newmont and US Gold data a 30g gold fire assay and multi-elemental analysis ICP-OES method MS-41 was completed by ISO 17025 certified ALS Chemex, Reno or Elko Nevada.

Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person under National Instrument 43-101 and responsible for technical matters of this release.

   About the Company   
NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and Idaho. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho.

  Neither the 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 Statements   

  This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘suggest’, ‘indicate’ and other similar words or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking statements include, but are not limited to, the proposed work programs at Limousine Butte, and the exploration potential at Limousine Butte. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, general economic, market and business conditions, and the ability to obtain all necessary regulatory approvals. There is some risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct or that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future   events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.  

   References   

Blackmon, D. (2021) Antimony: The Most Important Mineral You Never Heard Of.   Article Prepared by Forbes.  

Kurtenbach, E. (2024) China Bans Exports to US of Gallium, Germanium, Antimony in response to Chip Sanctions . Article Prepared by AP News.  

Lv, A. and Munroe, T. (2024) China Bans Export of Critical Minerals to US as Trade Tensions Escalate . Article Prepared by Reuters.  

Lv, A. and Jackson, L. (2025) China’s Curbs on Exports of Strategic Minerals . Article Prepared by Reuters.  

Perpetua Resources. (2025) Antimony Summary . Articles and Videos Prepared by Perpetua Resources.  

Sangine, E. (2022) U.S. Geological Survey, Mineral Commodity Summaries, January 2023 . Antimony Summary Report prepared by U.S.G.S

U.S.G.S. (2022) U.S. Geological Survey Releases 2022 List of Critical Minerals . Reported Prepared by U.S.G.S  

Radiopharm Theranostics (ASX:RAD,OTC:RDPTF, ‘Radiopharm’ or the ‘Company’), a clinical-stage biopharmaceutical company focused on developing innovative oncology radiopharmaceuticals for areas of high unmet medical need, is pleased to announce the appointment of Dr Oliver Sartor, MD to the Company’s Scientific Advisory Board (SAB).

Dr Sartor is an internationally recognised medical oncologist and scientist specialising in prostate cancer and radiopharmaceutical therapies. He currently serves as Director of Radiopharmaceutical Clinical Trials and Chair of the Genitourinary Cancer Disease Group at the world-renowned Mayo Clinic, in Rochester, Minnesota. He was previously Laborde Professor of Medicine and Urology and Medical Director of Tulane Cancer Center in New Orleans under Tulane University School of Medicine.

Dr Sartor has also held senior roles at LSU Health Sciences Center, Dana‑Farber/Harvard Medical School, and as Medical Oncology Co‑Chair of the GU Committee of NRG Oncology.

Dr Sartor received his MD with honours from Tulane University School of Medicine in 1982, completed internal medicine residency at Tulane, and a medical oncology fellowship at the National Cancer Institute (NCI).

Since 1990 he has focused on prostate cancer clinical research, authoring more than 500 peer‑reviewed publications and leading multiple pivotal Phase 3 trials that resulted in FDA approvals for therapies including samarium‑153 EDTMP, cabazitaxel, radium‑223, and PSMA‑targeted radioligand therapy.

‘Dr Sartor brings an unparalleled depth of expertise in both clinical translation and radiopharmaceutical therapies,’ said Riccardo Canevari, Managing Director and CEO of Radiopharm Theranostics. ‘We’re very honoured to welcome him to our SAB. His insight and leadership will be invaluable as we advance our radiopharmaceutical pipeline.’

  About Radiopharm Theranostics  

 Radiopharm Theranostics is a clinical stage radiotherapeutics company developing a world-class platform of innovative radiopharmaceutical products for diagnostic and therapeutic applications in areas of high unmet medical need. Radiopharm is listed on ASX (RAD) and on NASDAQ (RADX). The company has a pipeline of distinct and highly differentiated platform technologies spanning peptides, small molecules and monoclonal antibodies for use in cancer. The clinical program includes one Phase 2 and three Phase 1 trials in a variety of solid tumor cancers including lung, breast, and brain metastases. Learn more at radiopharmtheranostics.com.

  Authorized on behalf of the Radiopharm Theranostics Board of Directors by Executive Chairman Paul Hopper.  

  For more information:  

  Investors:  
Riccardo Canevari
CEO & Managing Director
P: +1 862 309 0293
E: rc@radiopharmtheranostics.com

Anne Marie Fields
Precision AQ
(Formerly Stern IR)
E: annemarie.fields@precisionaq.com

  Media:  
Matt Wright
NWR Communications
P: +61 451 896 420
E: matt@nwrcommunications.com.au

  Follow Radiopharm Theranostics:  

Website – https://radiopharmtheranostics.com/  
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