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Hispania Resources Completes Site and Mayoral Visit at Lumbrales

Corporate Updates

Hispania Resources Completes Site and

Mayoral Visit at Lumbrales

Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Hispania Resources Inc. (TSXV: ESPN)

("Hispania" or "the company"), a mineral exploration company focused on Spain, is pleased to

announce that members of the Hispania team recently completed a site visit at Lumbrales and met with

members of the city's political community, including May Carlos Pedraz.

As the recently elected Mayor, Mayor Pedraz was brought up to date on Hispania's work and its plans for

the past producing Mari Tere mine at Lumbrales. The two groups also reviewed for the project's next

phases.

During that meeting, the project team discussed with the Mayor the intended programme under

the current permit, the proposed drill locations and all relevant documents. Mayor Pedraz was pleased

with the developments and stated that he supports the project "one hundred per cent". Additionally, he

was pleased to note that the project would bring both direct, and indirect jobs to the area and town and

that the company was supportive of all environmental, societal and governmental practices.

Mayor Pedraz informed the Hispania team that the municipality was in the process of planning work

(described as "concentration planning"), which would make it an appropriate moment to pursue any

needed relevant reclassifications. He further stated that the area of the former mine (the "Mari Tere"

mine) is already classified as "strategic mining" land, and that reclassification to industrial would be

straightforward. The Mayor stated that the municipality would present no difficulty in implementing that

reclassification, and also noted that there would be no issue in obtaining water for the drilling works if the

team wished to take it from the deposit, by running a hose from the pump to the drill locations.

Norman Brewster, CEO of Hispania stated, "Our team is very pleased with our meetings in Lumbrales

and particularly with Mayor Pedraz and his team. We believe having a supportive government and

community is as key to a mines success as is the commodities present, and this is a great time for tin

and Lumbrales. Mayor Pedraz has been exceptionally helpful and we appreciate the work of his team

and of Lumbrales. We are excited to see the works to come at site and take the Mari Tere past

producing mine forward."

Hispania Resources Inc is a mineral exploration company focused on mining opportunities in Spain.

Hispania is currently focused on developing 3 core assets across Spain, including the copper, zinc

project Otero; the formerly producing tin project Lumbrales; and the copper, zinc Puebla de la Reina

project. The management of Hispania contains industry veterans who have more than 120 years of

mineral exploration and production experience in multiple jurisdictions and have successfully managed

multiple international mining companies. This includes in Spain, where some of the team was

responsible for the founding and building of Iberian Minerals with the continued support of the local and

regional governments, including the well-developed and sophisticated transportation and mining

infrastructure.

For more information on Hispania Resources Inc., visit:

http://HispaniaResources.com/

.

Contact Information

For more information or interview requests, please contact:

Norman Brewster - Chief Executive Officer

[email protected]

(416) 970-3223

Rahim Allani - Director

[email protected]

(416) 457-0549

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities

laws. Forward-looking information can be identified by words such as: "intend", "believe", "estimate",

"expect", "may", "will" and similar references to future periods. Examples of forward-looking information

include, among others, the expected commencement of work on the PBR project, the expected meetings

with local drilling firms, as well as information relating to Hispania. Although Hispania believes that, in

light of the experience of its officers and directors, current conditions and expected future developments

and other factors that have been considered appropriate, the expectations reflected in this forward-

looking information are reasonable, undue reliance should not be placed on them because Hispania can

give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance

on forward-looking information. Actual results and developments may differ materially from those

contemplated by these statements depending on, among other things, the risk that the future plans of

Hispania may differ from those that currently are contemplated Additional risks include those disclosed

in the Filing Statement, which are incorporate herein by reference and are available through SEDAR at

www.sedar.com

. The forward-looking statements contained in this news release are made as of the date

hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking

statements or information, except as required by law.

This news release is not an offer of the securities for sale in the United States. The securities

described in this news release have not been registered under the U.S. Securities Act of 1933,

as amended, and may not be offered or sold in the United States or to, or for the account or

benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as

amended) absent registration or an exemption from registration. This news release shall not

constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the

securities in any state in which where such offer, solicitation or sale would be unlawful.

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 news release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION,

DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR

INTO THE UNITED STATES.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/285459