Germanium Mining Corp. Enters into Agreement to Acquire a 100% Interest in the Historical Azure Ridge Mine, Expanding Portfolio in High-Grade Germanium-Copper-Zinc System
Germanium Mining Corp. Enters into Agreement to Acquire a 100% Interest
in the Historical Azure Ridge Mine, Expanding Portfolio in High-Grade
Germanium-Copper-Zinc System
VANCOUVER, BRITISH COLUMBIA, DECEMBER 9th, 2025 – GERMANIUM MINING CORP.
(“GERMANIUM MINING”, “GMC”, OR THE “COMPANY”) (CSE: GMC; OTCQB: EMSKF;
FSE: 1I30) is pleased to announce that it has entered in to an agreement to acquire a 100% interest (the
“Transaction”) in the Azure Ridge historic mi ne (“Azure Ridge Project”), within the historically
productive Gold Butte –Million Hills m ining district, a region long recognized for its polymetallic base -
metal and critical-mineral endowment, in Clark County, Nevada USA.
Figure 1. Azure Mine, lower Adit (view S)1 Figure 2. A piece of copper ore outside the Adit
About the Historical Azure Ridge Mine
The Azure Ridge mine was active in 1918, when it produced two carloads of hand sorted ore averaging
40% zinc and one carload averaging 35% copper. Early development on the property, formerly known as
the Bonelli mine, consists of five adits (totaling over 377 feet), one 11-foot-deep shaft, two open cuts, and
ten pits. The property has remained largely inactive since its brief production period.2
The Azure Ridge deposit consists of fault-controlled carbonate-hosted copper-zinc-lead-cobalt-germanium-
gallium mineralization, interpreted as Kipushi-type (carbonate-replacement) style mineralization. The U.S.
Geological Survey (USGS) and U.S. Bureau of M ines as part of a 1994 study carried out a sampling
program at Azure Ridge.
“Forty-three samples taken. Select samples contain as much as 8.99 % copper, 33.0 % lead, 30.8 pet zinc,
471 ppm cobalt, 3,300 ppm gold, and 142 ppm silver, 150 ppm germanium, and 75 ppm gallium.
Mineralized rock occurs sporadically over an area about 5,000 ft long by 1,100 ft deep. The structure is as
thick as 9 ft in outcrop. There is an inferred subeconomic resource of copper - lead- zinc- cobalt- gold-
1 https://www.birdandhike.com/Hike/GoldButte/AzureMine/_AzureMine.htm
2 https://collections.nbmg.unr.edu/pages/download_progress.php?ref=9357&size=&ext=pdf&k=
silver- gallium- germanium-bearing material. The occurrence of the mineralized rock in small pod -like
bodies makes it unrealistic to attempt to quantify resources on the basis of limited sampling. 3”
Figure 3. Excerpt from Report4
Figure 4. Vein of copper in the upper wall of the tunnel5 Figure 5. Miners Cabin at Azure Ridge Mine
“The Azure Ridge Historical Mine is reported in U.S. Bureau of Mines and U.S. Geological Survey records
as hosting high-grade copper and zinc shipments, including historical lots averaging approximately 35%
copper and 40% zinc, within a fault -controlled carbonate system that also carries lead, cobalt, 3,300 g/t
gold, 142 g/t silver, 75 ppm gallium, and 150 ppm germanium,” stated President & CEO of Germanium
Mining, Mr. Mario Pezzente, “These historical results and government assessments, while not verified or
relied upon by the Company and not compliant with current NI 43 -101 standards, provide valuable
geological context and a robust starting point for modern exploration. The opportunit y to systematically
evaluate and potentially confirm or expand upon these indications —using today’s geophysics,
geochemistry, and critical-mineral processing technologies, in a proven pro-mining Nevada jurisdiction—
positions Azure Rid ge as a compelling target for a modern germanium, gallium, copper, and zinc
discovery.”
Geology and Mineralization
The Azure Ridge deposit consists of fault-controlled carbonate-hosted copper-zinc-lead-cobalt-germanium-
gallium mineralization, interpreted as Kipushi-type (carbonate-replacement) style mineralization. The U.S.
Geological Survey (USGS) and U.S. Bureau of Mines have confirmed the area’s high mineral potential for
these critical and base metals, noting:
“A large part of the Million Hills Wilderness Study Area has high potential for undiscovered copper, lead,
zinc, cobalt, gold, silver, gallium, and germanium in Kipushi-type deposits.”
3 U.S. Geological Survey Scientific Investigations Report 2006-5197, Mineral Resource Potential of the Gold Butte–Virgin Mountain ACECs
(Ludington et al., 2006) pubs.usgs.gov/bul/1730e/report.pdf
4 U.S. Geological Survey Scientific Investigations Report 2006-5197, Mineral Resource Potential of the Gold Butte–Virgin Mountain ACECs
(Ludington et al., 2006) pubs.usgs.gov/bul/1730e/report.pdfpubs.usgs.gov/bul/1730e/report.pdf
5 https://www.birdandhike.com/Hike/GoldButte/AzureMine/_AzureMine.htm
The Apex Mine, located near Enterprise, Utah, represents a classic carbonate -replacement deposit that
produced germanium-rich zinc-lead-copper ore within Mississippian limestone. The Azure Ridge Project
exhibits similar geological controls, limestone host rocks, fault-related sulfide replacement, and the same
Lake Mead metallogenic structural trend, suggesting it may represent an analogue or southern extension of
the Apex-style system.6
Modern Opportunity in a Pro-Mining America
While the historical records and government surveys relating to the Azure Ridge Mine are not compliant
with current NI 43 -101 standards and have not been verified by a Qualified Person, they provide a
compelling geological foundation for modern exploration.
Early documentation from the U.S. Bureau of Mines (1937) and subsequent U.S. Geological Survey
assessments (1994, 2006) describes high -grade copper (35%) and zinc (40%) shipments with accessory
gold, silver, cobalt, gallium, and germanium values from fault-controlled carbonate horizons—highlighting
the potential for a Kipushi-style, polymetallic replacement system.
With today’s advances in geophysical imaging, geochemical targeting, and critical -minerals recovery
technology, Germanium Mining believes the Azure Ridge Project represents an opportunity to revisit a
historically productive district in the heart of pro -mining Nevada, at a time when the United States is
prioritizing domestic supply of strategic elements such as germanium and gallium.
Management of Germanium Mining Corp. cautions that all references to historical data, reports, grades,
resources, or production figures are historical in nature and should not be relied upon as current. These
historical estimates have not been verified by a Qualified Person as defined under National Instrument 43-
101 and do not comply with current NI 43 -101 standards. The Company does not treat these historical
estimates as current mineral resources or reserves. They are considered useful solely as a guide for future
exploration work. Germanium Mining Corp. intends to conduct the necessary geological, geochemical, and
metallurgical programs to verify and potentially upgrade this historical information to modern reporting
standards.
Land and Environmental Context
The Azure Ridge Project partially overlaps areas designated as Wilderness Study Areas ( “WSA”) under
the Federal Land Policy and Management Act ( “FLPMA”). The Company emphasizes that mining and
exploration and development activities are permitted within WSAs under current U.S. Bureau of Land
Management (“BLM”) policy, provided environmental and reclamation standards are met, as is the case
with all advanced projects on BLM ground.
Further References
• U.S. Geological Survey Bulletin 1730-E, Mineral Resources of the Million Hills Wilderness Study
Area, Clark County, Nevada (1994)
• U.S. Geological Survey Scientific Investigations Report 2006-5197, Mineral Resource Potential of
the Gold Butte–Virgin Mountain ACECs (Ludington et al., 2006)
• Wyman, R.V. (1974), The Relationship of Ore Exploration Targets to Regional Structure in the
Lake Mead Metallogenic Province, University of Arizona
6 As reported in the Mineral Resources of the Million Hills Wilderness Study Area, Clark County, Nevada - By
JOEL R. BERGQUIST , GARY A. NOWLAN, and H. RICHARD BLANK, JR. U.S. Geological Survey. J. DOUGLAS
CAUSEY U.S. Bureau of Mines. pubs.usgs.gov/bul/1730e/report.pdf
• U.S. Bureau of Mines (1937), Information Circular 6964 – Mining Districts of Clark County,
Nevada
The Transaction
The Company has entered into an agreement with Nicholas Price, an arm’s length mineral prospector, to
acquire a 100% interest in eight ( 8) unpatented mining claims comprising 160 acres for making the
following payments, subject to regulatory approval
- payment of USD $5,000 within 3 business days of the prospector providing BLM claim serial numbers;
- USD $5,000 paid quarterly for the next 24 months after completion of due diligence; and
- subject to a 1.5% NSR.
Qualified Person
Mr. William Feyerabend, CPG, a Consulting Geologist and a Qualified Person under NI 43 -101 has
reviewed this news release and approves the technical and scientific content.
About Germanium Mining Corp.
Germanium Mining holds an option to acquire a 100% interest in the Lac du Km 35 Property comprised
of 75 claims covering an area of 4,150 hectares (41.5 km 2), further to its news releases dated January 14th
and January 24th, 2025. The Lac du Km 35 Germanium Property is approximately 40 km east of the
mining town of Chibougamau in the Nord-du-Québec region of Québec and has excellent access through
Highway 167 and a main lumber road that transects the whole property from the west to the east as well
as a network of secondary roads.
The Property is underlain by the volcano -sedimentary sequence of the Roy Group and its metamorphic
equivalent, the Laganière gneissic Complex, that host the Lac Doré intrusive Suite which is a mafic to
ultramafic stratiform and synvolcanic intrusion, and t he later stage Duberger felsic pluton; all these rock
units belong to the northeast portion of the Abitibi greenstone belt sub -Province of Archean age. To the
west of the Property, rocks were metamorphosed at the greenschist facies where the chlorite miner al is
ubiquitous while the eastern portion has reached the amphibolite metamorphism grade.
A prominent structural element is the ductile Faribault Shear Zone (“FSZ”), oriented east -southeast, and
located towards the eastern part of the Property. The FSZ dips to the south -southwest and ends to the
Grenville Front which extends to the southwest-northeast for several hundreds of kilometers. The Grenville
Front separates the Abitibi greenstone belt from younger Mesoproterozoic rocks and is only a few
kilometers to the east of the Property. The FSZ is an important feature that could have been joined by other
permeable zones at depth as a preferential conduit for hydrothermal fluids.
Discovered by government geologists in 1998 and never followed up, the Laganière Germanium showing
consists of a peridotite outcrop within the Laganière gneissic Complex that comprises amphibolites and
hornblende and biotite gneisses. The Laganière showing returned a value of 0.02% (186 ppm) germanium
and is currently the highest germanium value ever reported from an outcrop in the whole Québec.
The Laganière Germanium showing is located right alongside the main lumber road and immediately
adjacent to the south to a cluster of electromagnetic anomalies of roughly 400 m x 400 m in size that were
never tested. The Laganière germanium showing is also 450 m northeast of the FSZ, 800 m from the
southern margin of the Duberger felsic pluton and approximately 2 km to the west of the Grenville Front.
Apart from regional mapping and sampling of government geologists, the Laganière Germanium showing
area remains vastly underexplored and overlooked and constitutes the prime focus for the Company.
Recent exploration work performed in 2024, consisting of prospecting and sampling, allowed to collect 39
outcrop samples. Values up to 0.27% nickel, 0.04% cobalt, 0.24% copper and 0.21 g/t Au were obtained
from these samples. The highest zinc value is 0.07% and only 3 samples had overall zinc values over 0.05%.
Due to the digestion method selected, germanium values were deemed not reliable.
About Germanium
Germanium is a hard, greyish and brittle metalloid which shares characteristics of both metal and non-metal
properties. Germanium has many growing applications in electronics and solar, in fiber optics, and Infrared
optics for civil and military uses. One of the growing and key applications for Germanium is autonomous
vehicle driving system where Germanium is used for thermal imaging cameras and night vision devices.
China’s share of germanium global output in 2024 was estimated between 70 and 75%. According to the
United States Geological (“USGS”) survey in a 2024 report, there is high degree of uncertainty regarding
world primary production of germanium. In 2022, the USGS estimated that world production of primary
germanium reached 210,000 kg while China’s primary production capacity of germanium is 309,000 kg.
Germanium is in the list of critical metals in Canada, the United States and the European Union. Since
December 3, 2024, China, the largest producer of refined germanium, has banned germanium exports to
the United States. The challenge will be securing new or alternative supplies of Germanium. Germanium
is not an openly traded commodity and recent spot prices have germanium over US$4,000 per kilogram.
Make sure to follow the Company on Twitter, Instagram and Facebook as well as subscribe for Company
updates at https://germaniummining.com/
ON BEHALF OF THE BOARD
__Mario Pezzente___
CEO & Director
For more information on Germanium Mining Corp. please contact:
Phone: 604-717-6605
Corporate e-mail: [email protected]
Website: www.germaniummining.com
Corporate Address: 2905 – 700 West Georgia Street, Vancouver, BC, V7Y 1C6
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements. All statements, other than statements of historical fact that address
activities, events, or developments that the Company believes, expects or anticipates will or may occur in the future are forward-
looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the
intended use of proceeds of the Offering and other matters regarding the business plans of the Company. The forward-looking
statements reflect management’s current expectations based on information currently available and are subject to a number of risks
and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements including
that the Company may use the proceeds of the Offering for purposes other than those disclosed in this news release; adverse market
conditions; and other factors beyond the control of the Company. Although the Company believes that the assumptions inherent in
the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and,
accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual
results or events to differ materially from current expectations include general market conditions and other factors beyond the
control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise, except as required by applicable law.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents or
accuracy of this press release.