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MEO.CN ·

Claire East (BCE) Property, northwest of Beatty, Nevada USA. Hasbrouck Geophysics, Inc. and Advantage Geophysics, Inc. will commence a Seismic and HSAMT survey early in August, to initiate the exploration program. This geophysical survey will assist in determining the BCE basin outline and its poten

Exploration Programs

NEWS RELEASE

CAMEO RESOURCES INC.

August 1, 2024 - Cameo Resources Inc. – Vancouver BC - (CSE – MEO) is please to announce that it is in the

process of mobilizing its exploration team to expedite its recommended Phase 1 exploration program on its Bonnie

Claire East (BCE) Property, northwest of Beatty, Nevada USA. Hasbrouck Geophysics, Inc. and Advantage

Geophysics, Inc. will commence a Seismic and HSAMT survey early in August, to initiate the exploration program.

This geophysical survey will assist in determining the BCE basin outline and its potential to host lithium clays or

brines.

“The exploration program outlined will help to evaluate Cameo’s property as a prospect for related types of Lithium

mineralization.” Stated Souhail Abi Farrage, Cameo’s president.

The Survey is expected to take one to two weeks to complete and the results will be utilized to guide further

exploration.

Even though the Lithium market is less vigorous this year, Cameo Resources is eager to get the evaluation of the

BCE Property underway. The company is also evaluating other potential projects for base and precious metals.

ABOUT CAMEO RESOURCES INC.

For further information pelase contact Cameo Resources Inc., Souhail Abi-Farrage at (236) 818-2886 and

[email protected].

On Behalf Of The Board

Souhail Abi-Farrage, President, Ceo And Director

FORWARD–LOOKING STATEMENTS

This news release contains forward –looking statements and forward– looking information within the meaning of Canadian

securities legislation (collectively, "forward–looking statements") that relate to the Corporation’s current expectations and

views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives,

assumptions or future events or performance (often, but not always, through the use of words or phrases s uch as "will likely

result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans",

"forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward–looking statements

and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially

from those expressed in such forward –looking statements. In particular and without limitation, this news release contains

forward-looking statements pertaining to the trading of the Shares on the CSE and the anticipated use of the net proceeds of

the Offering. No assurance can be given that these expectations will prove to be correct and such forward–looking statements

included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS

THAT TERM IS DEFINED IN THE POLICIES OF THE CANADIAN SECURITIES EXCHANGE) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.