Apogee Minerals Provides Notice of Termination of Pine Channel Option Agreement with Eagle Plains Resources Ltd.
Suite 1030 - 505 Burrard Street, Vancouver, BC, Canada, V7X1M5
TSX-V Trading Symbol: APMI
Email: [email protected]
Telephone: (604) 558-5847
Facsimile: (604) 687-3119
December 18th, 2025
News Release
Apogee Minerals Provides Notice of Termination of Pine Channel Option Agreement with
Eagle Plains Resources Ltd.
December 18th, 2025, Vancouver, British Columbia – Apogee Minerals Ltd. (“Apogee” or the
“Company” or the “Optionee”) (TSXV: APMI) announces that it has provided notice to Eagle
Plains Resources Ltd. (“Eagle Plains”) of its decision not to proceed with the option agreement
on the Pine Channel Gold Project, located approximately 40 km west of Stony Rapids,
Saskatchewan. The option agreement will terminate effective December 17th, 2025, and Apogee
will retain no further interest in the property.
The Company owns a 100% interest in the May Lake Project in northern Saskatchewan’s La
Ronge Belt, a n under -explored property with demonstrated potential for VMS Cu -Zn-Pb and
orogenic gold mineralization.
May Lake Property Summary:
The May Lake Property lies at the boundary between the Rottenstone and La Ronge domains,
host to a variety of deposit types including volcanogenic massive sulphide Cu -Zn-Pb orogenic
gold and intrusion -hosted magmatic Ni -Cu deposits. The claims are underlain by interlayered,
felsic, intermediate and mafic volcanics, as well as intermediate to f elsic intrusives and
metasediments. Several notable mineral occurrences are located on the claims. The most
significant of these is a rusty andesite outcrop which returned up to 2090 ppm Cu (0.2%), along
with anomalous Zn, gold and silver values. The property has not seen a great deal of exploration
historically and significant potential for the discovery of volcanogenic massive sulphide Cu-Zn-Pb
and orogenic gold mineralization exists on the property.
About Apogee Minerals Ltd.:
Apogee Minerals Ltd. is a mineral exploration company. Our goal is to build shareholder value
through mineral project acquisitions and advancement, as well as new mineral discoveries.
To find out more about Apogee Minerals Ltd. (TSX-V: APMI) visit the Company’s website:
www.apogeemineralsltd.com
Apogee Minerals Ltd.
“Tim Fernback”
- 2 -
Tim Fernback
Interim CEO and Director
For further information, please contact:
Apogee Minerals Ltd.
Nicholas Coltura, Director
Email: [email protected]
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of
the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statements Regarding Forward-Looking Information
This release includes certain statements that may be deemed to be "forward -looking
statements". All statements in this release, other than statements of historical facts, that address
events or developments that management of the Company expects, are forward -looking
statements. Although management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from those in the forward-
looking statements. The Company undertakes no obligation to update these forward -looking
statements if management's beliefs, estimates or opinions, or other factors, should change.
Factors that could cause actual results to differ materially from those in forward -looking
statements, include market prices, explorat ion and development successes, continued
availability of capital and financing, and general economic, market or business conditions. Please
see the public filings of the Company at www.sedarplus.ca for further information.