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FRI.V ·

Freeport Resources to Present at the Papua New Guinea Resources and Energy Investment Conference

Marketing Announcement

Freeport Resources to Present at the Papua New Guinea Resources and

Energy Investment Conference

Vancouver, Canada, December 7, 2023 - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH)

(“Freeport Resources” or the “Company”) is pleased to announce that Dr. Nathan Chutas, Senior Vice-

President of Operations for Freeport Resources, and Tobias Kulang Thomas, Senior Advisor to the

Company, will be attending the Papua New Guinea Resources and Energy Investment Conference, to be

held December 10th to 13th 2023, in Sydney, Australia.

Dr. Chutas will be presenting on Wednesday, December 13, during the afternoon Exploration Update

session. Dr. Chutas and Mr. Thomas will be hosting one-on-one meetings during the conference and

interested parties are invited to contact the Company directly at [email protected].

Freeport Resources is advancing its wholly-owned Yandera Copper Project located in the highly prolific

Papua New Guinea Orogenic Belt, the same geological arc as some of the world's largest gold and

copper deposits including Grasberg, Frieda River, Porgera, Lihir, Wafi-Golpu and Kainantu. More than

USD$200 million has been expended on the project since 2005, culminating in a comprehensive 2017

Pre-Feasibility Study.

About Freeport Resources Inc.

Freeport Resources is a Canadian mineral exploration company with a primary focus on advancing the

development of the Yandera copper-gold-molybdenum project, located in Madang Province, Papua New

Guinea. The Yandera project is one of the largest undeveloped copper-gold deposits in the world

covering approximately 245.5 square kilometers.

Please visit www.freeportresources.com or contact the email address below for more

information.

On behalf of the Board,

Freeport Resources Inc.

Gord Friesen, Chief Executive Officer

T. (236) 334-1660

E. [email protected]

www.freeportresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United

States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or

if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”,

“forecast”, “may”, “schedule”, “intends” and similar words or expressions identify forward-looking

statements or information. Such statements represent the Company’s current views with respect to

future events and are necessarily based upon a number of assumptions and estimates that, while

considered reasonable by the Company, are inherently subject to significant business, economic,

competitive, political and social risks, contingencies and uncertainties. Many factors, both known and

unknown, could cause results, performance or achievements to be materially different from the results,

performance or achievements that are or may be expressed or implied by such forward-looking

statements. The Company does not intend, and does not assume any obligation, to update these

forward-looking statements or information to reflect changes in assumptions or changes in

circumstances or any other events affecting such statements and information other than as required by

applicable laws, rules and regulations.