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Germanium Mining Corp. Strategically Expands its 100% Owned Lac du Km 35 Germanium Property in Québec

Corporate Updates

Germanium Mining Corp. Strategically Expands its 100% Owned Lac du

Km 35 Germanium Property in Québec

VANCOUVER, BRITISH COLUMBIA, JUNE 3, 2026 – GERMANIUM MINING CORP. (“GERMANIUM

MINING”, “GMC” OR THE “COMPANY”) (CSE: GMC; OTCQB: EMSKF; FSE: YW0) is pleased to

announce that the 100% owned Lac du Km 35 Germanium Property was strategically expanded by staking 18 mineral

claims, representing an additional 995 hectares (9.95 km 2). The expanded Property now consists of 99 contiguous

mineral claims covering an area of 54.8 km2, encompassing the most promising area s for Germanium exploration.

These newly acquired claims are immediately north of the Laganière Germanium showing area, thus providing an

important and strategic expansion zone should a discovery be made throughout the upcoming 2026 exploration

season.

Mario Pezzente, Chief Executive Officer, commented: “We have strategically expanded our 100% owned Lac du

Km 35 Germanium property ahead of the active 2026 exploration season to allow for potential additional discoveries

contiguous to the north of the Laganière showing that hosts the highest-grade Germanium sample in the Province of

Quebec at 186 ppm. We are excited to commence this multi -stage exploration program with a goal of making new

Germanium discoveries on this highly prospective critical m etral project. Germanium Mining Corp. is focused on

unlocking strategic resources in stable jurisdictions, to potentially contribute to a more secure and resilient North

American supply chain.”

Exploration Program

Upcoming 2026 exploration will include a highly sensitive magnetic airborne survey as well as a ground

electromagnetic survey to potentially identify Germanium that could be associated with lower conductivity silver -

zinc mineralization.

These surveys will aim to identify possible additional shear zones and electromagnetic anomalies for the upcoming

sampling and assaying program. Most, if not all features of interest such as shear zones, magnetic and

electromagnetic anomalies, will be ver ified on the field, early in the planned 2026 exploration program. The

immediate area of the Laganière showing will be further explored and sampled and assayed allowing GMC to deliver

diamond drill targets that could be tested in the Fall of 2026.

The first phase of diamond drilling will be directed to reach the “discovery hole” stage. The campaign is planned to

consist of 6 to 10 holes for a total of approximately 2,500 metres that is planned to be drilled early in Winter 2026.

The exact drilling length will be dictated by the depth of the electromagnetic anomalies that will be accurately outlined

by the new survey and backed up by outcrop mapping and sampling. The outcrop mapping will provide valuable

insights into what direction and dip that germanium mineralization may extend.

Current sample results returned approximately 0.02% (186 ppm) Germanium at the Laganière showing, currently the

highest-grade Germanium sample in the Province of Quebec to date. The Company aims to increase Germanium

grades at least to 0.04% (350 – 400 ppm) with an average intersection at least 10 metres wide.

Anticipated 2026-2027 Exploration Timetable

June 2026 - Airborne Survey Results, including interpretation

June/July 2026 - Outcrop mapping and sampling Program

September 2026 – Outcrop Sampling Assay Results

Oct/Dec 2026 - Drill Permitting

January 2027 - Diamond Drilling Program

Diamond Drilling Assay Results Anticipated

Figure 1. Lac du Km 35 Germanium Project located in the Chibougamau region of Quebec, Canada

Lac du Km 35 Property

The 100% owned 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 offers excellent access via Highway 167 and a main

logging road that intersects the Property.

The Property comprises the prominent 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

southwest-northeast for several hundreds of kilometres . The FSZ is a key structural feature that may connect with

other permeable zones at depth, acting 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 province of Québec.

The Laganière germanium showing lies beside 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. The area between the FSZ and the Laganière

Germanium showing, including the never tested cluster of electromagnetic anomalies, will be the main focus of GMC.

About Germanium

Germanium is a hard, greyish and brittle metalloid. Germanium has many growing applications in electronics and

solar, in fiber optics, and Infrared optics for civil and military uses. 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. Germanium is not an openly traded commodity and recent spot prices have germanium over US$5,000

per kilogram.

The Company cautions that the geological information provided in this news release is of historical nature and

mineralization may not be representative of mineralization on the Lac du Km 35 Property.

Qualified Person

Benoit Moreau, P.Eng., a qualified person as defined by National Instrument 43 -101, and vice -president of

exploration for Germanium Mining Corp., has prepared and is responsible for the technical information contained in

this news release.

About Germanium Mining Corp.

Germanium Mining is a publicly traded exploration company focused on the development of highly prospective,

discovery-stage mineral properties located in some of Canada's top mining jurisdictions. The Company’s properties

are in the “Allison Lake Batholith” of Northwestern Ontario, and the “Chapais-Chibougamau”, “Abitibi” and “Upper

Laurentides” regions of Quebec.

Make sure to follow the Company on Twitter, Instagram and Facebook as well as subscribe for Company updates at

http://www.muskmetals.ca/

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 m aterially from

those discussed in the forward -looking statements including that the Company may use th e 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 t he 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 a nd 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.