Wednesday, September 16, 2026
MiningNewsTerminal
Wednesday, September 16, 2026 Admin

ENDR.V ·

Enduro Metals Expands Andrei Target with Acquisition of Adjacent Claims at Newmont Lake Project, Golden Triangle BC.

Mergers & Acquisitions

Enduro Metals Expands Andrei Target with

Acquisition of Adjacent Claims at Newmont Lake Project, Golden Triangle BC.

November 10, 2025, Vancouver , British Columbia - Enduro Metals Corporation (TSXV: ENDR) (“Enduro”,

“Enduro Metals” or the “Company”) is pleased to announce that it has entered into a purchase agreement with

Romios Gold Resources Inc. (“ Romios”) to acquire a package of mineral claims located immediately north of

Enduro’s Andrei porphyry copper gold target on its Newmont Lake property. Under the terms of the agreement,

Enduro will acquire a 100% interest in the 12 km 2 claim block for cash consideration of C$300,000. The claims

remain subject to the existing Net Smelter Return royalty currently in place between Enduro and Romios.

Newmont Lake is a large 700 km2 property located in the heart of British Columbia’s Golden Triangle. (Figure 1)

Highlights

• Expands Andrei porphyry target area through the acquisition of a 12 km2 claim block

from Romios

• 1.5 km by 2.5 km magnetic high anomaly within new claims mirrors the geophysical

signature of the Andrei target

• A third magnetic anomaly to the northeast of Andrei defines a 14km corridor of

copper-gold porphyry potential in an easily accessible low elevation location.

• 2025 field work has outlined a drill ready target to be tested in 2026

Rob Cameron, CEO of Enduro Metals, commented: “This strategic acquisition consolidates our position over what

we believe is a significant emerging copper-gold system at Andrei. The newly acquired claims exhibit similar

geophysical signatures to our Andrei target, and the expanded land position significantly adds to the potential of

this discovery which remains our number one target for next summer’s exploration program . Planning for an

inaugural drill program is underway.”

Evaluation of Enduro’s recently completed high-resolution airborne magnetic survey over this northern portion

of the Newmont Lake property identified a 1.5 by 2.5 km magnetic anomaly within the newly acquired claims

that is similar to that delineated over the current Andrei target on Enduro’s property , together with a larger

similar anomaly within the Newmont Lake property to the northeast . Together, these features define a 14km

long corridor of prospective porphyry copper -gold potential . The trend is well positioned along a wide low

elevation access route approximately 15 kilometres from the Galore Creek Mine road , providing a

straightforward development scenario. A map illustrating the newly acquired claims and their relationship to

Enduro’s Andrei target area is provided below. (Figure 2)

2

Figure 1: Location Map

NEWMONT LAKE

NEWMONT/TECK

NEWMONT

SKEENA

SEABRIDGE

NEWMONT

TECK

SKEENA

SEABRIDGE

SKEENA

Newly acquired claims

SKEENA

25 km

3

Figure 2: The Newly Acquired FK Property and the Greater Andrei Exploration Target

The Andrei Target

Andrei is a large, low -elevation, and easily accessed, porphyry Cu -Au target located in the northern half of the

Newmont Lake Property that was the focus of airborne and ground based geophysical surveys and geological

mapping and sampling in 2025. Fieldwork has identified potassic altered monzonite and diorite intrusions ,

possibly correlated to the Red Chris intrusive suite, along with hydrothermally altered volcanic wall rock, both,

characterised by localised micro -vein stockworks, copper mineral -bearing veins and e xtensive magnetite

alteration on the north and south side of a prominent forested and till covered ridge.

Mapping at Andrei has outlined a large, low -sulfur mineralized system where magnetite is the dominant

alteration mineral, occurring in replacement zones, breccia infill, and vein networks. Chalcopyrite and bornite

represent the primary copper minerals, wit h mineralized zones outcropping on the flanks of the main Andrei

ridge. The center of the target outlined by magnetics and induced polarization (IP) is beneath this ridge which is

covered by glacial till.

A later iron carbonate vein system (with associated barite and minor quartz) contains visible copper minerals

(chalcopyrite and bornite) and, based on sampling at North Toe on the northern side of Andrei, also contains

gold. Together, these features define a distinct exploration signature characterized by strong magnetic responses

and moderate IP chargeability.

The IP and magnetic survey results from 2025 have outlined a 4 km by 1.2 km zone of elevated chargeability with

two large internal elevated zones exceeding 15 mv/v coinciding with high resistivity and high magnetic values

centered on the central ridge. The anomaly is open off grid and at depth. Interestingly the noted copper

occurrences are located on the flanks of the main anomaly which is not exposed.

Assay results from rock samples taken during the 2025 field season remain outstanding.

2 km

4

Qualified Person

Mr. Robert Cameron, P.Geo., Enduro’s CEO is the Company’s qualified person as defined by National Instrument

43-101 Standards of Disclosure for Mineral Projects , has reviewed and approved the technical aspects of this

release. Field work was supervised by Stephen Wetherup, P.Geo., VPX for Enduro Metals.

About Enduro Metals

Enduro Metals is an exploration company focused on its Newmont Lake Project; a total 700 km2 property located

within the heart of British Columbia's Golden Triangle. Building on prior results, Enduro Metals' geological team

has outlined multiple deposit environments of interest across the Newmont Lake Project including high -grade

epithermal/skarn gold along the McLymont Fault, copper-gold alkalic porphyry mineralization at Burgundy, and

newly discovered copper-gold porphyry mineralization at Andrei. The Company maintains a broader portfolio of

mineral projects across Canada including the advanced Burn porphyry copper and gold project in northern British

Columbia.

On Behalf of the Board of Directors of Enduro Metals Corporation

“Robert Cameron”

Chief Executive Officer

For further information please contact:

Robert Cameron, CEO

Tel: +1 (778) 989-1501

Email: [email protected]

www.endurometals.com

Forward-Looking Statements

This news release contains statements that constitute "forward -looking statements". Such forward looking

statements involve known and unknown risks, uncertainties and other factors that may cause Enduro’s actual

results, performance or achievements, or developments in the industry to differ materially from the anticipated

results, performance or achievements expressed or implied by such forward-looking statements. Forward looking

statements are statements that are not historical facts and are generally, but not always, identified by the words

"expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar

expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

Although Enduro believes the forward-looking information contained in this news release is reasonable based on

information available on the date hereof, forward -looking statements by their nature involve assumptions,

known and unknown risks, uncertainties and other factors which may cause our actual results, performance or

achievements, or other future events, to be materially different from any future results, performance or

achievements expressed or implied by such forward-looking statements.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS

OF ENDURO AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH

DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD -LOOKING INFORMATION AND

SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE ENDURO MAY ELECT TO,

NEITHER OF THEM UNDERTAKES TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS

REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or

accuracy of this release.