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North American Niobium and Critical Minerals Corp. Completes Phase 1 Fall Prospecting Program; Carbonatite and Pegmatite Targets Identified Across Québec Properties

Exploration Programs

North American Niobium and Critical Minerals Corp. Completes Phase 1 Fall

Prospecting Program; Carbonatite and Pegmatite Targets Identified Across

Québec Properties

● Completion of Fall 2025 Prospecting Program Across Seigneurie, Bardy, Blanchette and Sabot

Properties

● Carbonatite Boulders and Pegmatite Zones Identified

● 262 Samples Submitted for Analysis

Vancouver, British Columbia – December 3, 2025 – North America Niobium and Critical Minerals

Corp. (CSE: NIOB) (FSE: IOR) (OTCQB: NIOMF) (“North American Niobium” or the “Company”)

is pleased to announce the completion of its Phase 1 Fall 2025 prospecting, mapping, and channel sampling

program across four (4) of its 100% -owned properties in Québec, including the Seigneurie, Bardy,

Blanchette, and Sabot properties. Field work was conducted from October 13th to November 5th, 2025, with

crews continuing to access additional outcrops as conditions permit.

The Company’s 2025 program aimed to verify and build upon historical prospecting results, including those

previously reported for the Blanchette, Seigneurie, and Bardy showings. Field crews collected a total of

262 grab and channel samples, including 94.5 metres of channel sampling on the Seigneurie property. The

Seigneurie property was recently extended to the southwest to include a historical REE -anomalous

carbonatite subcrop identified by the Québec Ministry of Natural Resources and Forestry (“MRNF”) in

2015.

Work was completed by a five- person technical team consisting of three prospectors and two geologists

from Grassroots Prospecting and Target Generation Inc. and McMillan Geosciences Inc.

Field Program Highlights

• Carbonatite boulders and subcrops discovered at Blanchette, spatially associated with an

interpreted circular magnetic feature visible on the first vertical derivative regional airborne

geophysical map.

• Numerous pegmatites with REE potential confirmed at several locations on the Seigneurie

property.

• 262 grab and channel samples collected across all four properties; assays pending, which includes

94.5 metres of channel sampling completed on Seigneurie (average sample length 1.5 m) – Figure

1.

• Field observations identified a diverse suite of lithologies, including pegmatites, carbonatites, mafic

intrusives, volcanics, metasedimentary units, and gneiss.

Figure 1: 94.5m of channel sampling was completed during the month of November 2025.

Program Summary

The Fall 2025 prospecting campaign focused on confirming prior anomalous zones, mapping new

mineralized trends, and evaluating pegmatite-hosted rare earth element (“REE”) targets. Notably,

two carbonatite areas were identified: 1) the first on the Blanchette property, representing a newly

discovered location not previously sampled, and 2) the second on the Seigneurie property, confirming a n

REE-anomalous carbonatite subcrop documented by M RNF but not classified as a mineral occurrence.

Important geological observations include:

• Discovery of carbonatite boulders at Blanchette proximal to an interpreted circular magnetic feature

interpreted as a prospective area for carbonatite.

• Extension of a prospective trend at Seigneurie, where the field team investigated and expanded

upon a 2015 MRNF-reported REE-anomalous carbonatite subcrop (Figure 2).

• Identification of several pegmatite zones with REE potential on Seigneurie, consistent with the

Company’s focus on critical minerals such as Nb, Nd, Pr, Dy, Y, and other related elements.

Figure 2: Carbonatite sample, collected by field crew, under 365nm UV lamp. Two centimter wide

calcite minerals glowing in bright orange.

Sampling & Analytical Work

All grab and channel samples were submitted to ALS Laboratories in Lachine, Montréal. Analytical

methods include:

• ME-MS71L for REE-bearing granitic pegmatite and carbonatite units

• PGM-23 and ME-MS61 for mafic and ultramafic units prospective for Ni-Cu-PGE mineralization

Assay results are pending and will be released once received, compiled, and reviewed by the Company’s

technical team.

“Our Fall 2025 Phase 1 program has significantly improved our understanding of the geological framework

across our Québec properties. The identification of new carbonatite and pegmatite targets supports our view

that these properties hold meaningful critical mineral potential,” said Murray Nye, CEO of North American

Niobium and Critical Minerals Corp. “We look forward to receiving the assay results and refining our

exploration model as we advance toward the next phase of work.”

ABOUT NORTH AMERICAN NIOBIUM AND CRITICAL MINERALS CORP.

North American Niobium and Critical Minerals Corp. is a North American mineral exploration company

focused on the acquisition and development of precious, base, and critical mineral assets. Its portfolio

includes the Silver Lake property in British Columbia’s Omineca Mining Division and a recently acquired

land package in Quebec’s Grenville Province. The Quebec properties add exposure to rare earth elements

(REE), niobium (Nb), and nickel -copper (Ni-Cu) occurrences, expanding the Company’s footprint into

critical minerals that are strategically important for energy and defense applications.

ON BEHALF OF THE BOARD OF DIRECTORS:

Murray Nye

Chief Executive Officer

1055 West Georgia Street, Suite 1500

Vancouver, BC V6E 0B6

Canada

For further information, please contact:

Murray Nye, CEO

Email: [email protected]

Phone: +1 (647) 984-4204

CSE:NIOB

OTCQB: NIOMF

FSE:IOR

FORWARD LOOKING STATEMENTS

This news release contains “forward -looking statements” within the meaning of applicable Canadian

securities legislation. All statements in this release, other than statements of historical fact, that address

events, results, outcomes or developments that the Company expects, anticipates or intends to occur in the

future, or that otherwise reflect management’s expectations or beliefs about future events, are forward -

looking statements. Forward- looking statements are generally, but not always, identified by the use of

words and phrases such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,”

“projects,” “potential,” “opportunity,” “strategy,” “target,” “forecast” and similar expressions, or

statements that events, conditions or results “will,” “would,” “may,” “could,” or “should” occur or be

achieved.

Forward-looking statements in this release include, but are not limited to: (i) statements regarding the

Properties and their mineral prospectivity; (ii) the Company’s planned exploration, development and

evaluation activities on the Properties; (iii) the anticipated benefits of the Acquisition, including the

expansion of the Company’s exploration portfolio, increased exposure to critical mineral targets, and the

potential to enhance long-term shareholder value; and (iv) the potential for the Grenville Prov ince to host

significant rare earth element, niobium, nickel -copper or other critical mineral deposits. Such forward-

looking statements are based on the Company’s current plans, intentions, expectations and beliefs and are

subject to certain assumptions, i ncluding, without limitation, assumptions that required regulatory

approvals will be obtained in a timely manner, that financing will be available on reasonable terms, and

that exploration results will continue to support the prospectivity of the Properties.

Although the Company believes the expectations expressed in such forward- looking statements are

reasonable, such statements are not guarantees of future performance or outcomes and actual results may

differ materially from those expressed or implied in the forward-looking statements. Factors that could

cause actual results to differ materially from those anticipated include, but are not limited to: the timing and

receipt of required regulatory approvals; changes in commodity prices and market conditions; th e

availability of capital and financing on acceptable terms; general economic, business and political

conditions; risks inherent in mineral exploration and development, including operational risks, geological

uncertainties, environmental risks and accident s; changes in government regulation or policy; and the

speculative nature of mineral exploration and development. Additional information regarding risks and

uncertainties faced by the Company is available in the Company’s public disclosure record on SEDAR+

(www.sedarplus.ca).

Readers are cautioned that forward-looking statements are not guarantees of future performance, and undue

reliance should not be placed on them. The forward-looking statements contained in this release are made

as of the date hereof and are based on information currently available and management’s beliefs, estimates,

expectations and opinions at that time. Except as required by applicable securities laws, the Company

undertakes no obligation to update or revise any forward- looking statements, whether as a r esult of new

information, future events or otherwise.

Qualified Person

The scientific and technical information contained in this news release has been prepared in accordance

with National Instrument 43 -101 – Standards of Disclosure for Mineral Projects (“NI 43 -101”). Clyde

McMillan, P.Geo., a consultant to the Company and a Qualified Person as defined under NI 43- 101, has

reviewed and approved the technical information contained herein.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this

release and has neither approved nor disapproved the contents of this press release