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Panther Minerals Comments on Bullish Commodity Market, Highlights Enhanced Value Proposition of East Brouillan Property in Quebec

Company Commentary

Panther Minerals Comments on Bullish Commodity Market, Highlights Enhanced Value

Proposition of East Brouillan Property in Quebec

Vancouver, British Columbia / October 13, 2025 – Panther Minerals Inc. (“Panther Minerals” or

the “Company”) (CSE:PURR) (OTC:GLIOF) (FWB:2BC), a North American mineral acquisition and

exploration company, is pleased to issue a corporate update regarding the current macroeconomic

landscape, specifically the multi-year high in gold and base metal prices, and the positive implications for

the Company’s exploration strategy, particularly at its highly prospective East Brouillan property in the

Abitibi District of Quebec.

Global commodity markets are currently experiencing a significant upward trend, with gold trading at or

near all-time nominal highs and key base metals showing sustained strength. This surge is being driven by

persistent inflationary pressures, ongoing geopolitical uncertainty positioning precious metals as essential

safe-haven assets, and growing industrial demand for critical base metals used in electrification.

For exploration-focused companies like Panther Minerals, these price levels translate directly into enhanced

project economics and financial leverage:

1. Increased Project Value: Elevated metal prices dramatically improve the Net Present V alue (NPV)

and Internal Rate of Return (IRR) of potential mineral discoveries, making future development

significantly more attractive.

2. Lower Cut-off Grades: Higher commodity prices can lower the economic cut-off grade required

for viability, potentially increasing the size of economically recoverable resources across the

Company’s portfolio.

3. Improved Financing Environment: The bullish outlook for gold and base metals fuels increased

institutional and retail investor interest in the junior mining sector, potentially leading to more

favorable conditions for securing exploration capital.

The East Brouillan property, located in the prolific Abitibi Greenstone Belt of Quebec, is Panther’s key

focus for potential V olcanogenic Massive Sulphide (VMS) and gold discovery. The East Brouillan property

is strategically situated near the historic Selbaie Mine and the B26 deposit, placing it in a highly fertile

geological environment known to host significant gold, copper, zinc, and silver mineralization.

The Company believes that the current pricing environment strongly validates its strategy of focusing on

the East Brouillan project, which remains largely underexplored compared to its neighbors. The prospect

of proving up a commercial discovery is now more economically compelling than ever.

Mr. Ram Kumar, President and CEO of Panther Minerals Inc., commented:

“The current surge in gold and commodity pricing is not a fleeting trend; it reflects fundamental shifts in

the global financial landscape. For Panther Minerals, this is a transformative moment. Every ounce of

metal we identify in the ground at East Brouillan is now substantially more valuable. These record prices

dramatically de-risk our early-stage exploration capital and solidify our conviction that the Abitibi is the

right place, at the right time, to be pursuing a significant discovery. We are aggressively planning the next

phase of fieldwork to capitalize on this exceptional market dynamic.”

Panther Minerals Inc. remains committed to a diligent and systematic exploration approach at East

Brouillan, aiming to unlock the property’s value in an environment highly receptive to new mineral

discoveries.

The East Brouillan property comprises a package of 14 claims, covering approximately 778 ha of ground

situated in the northern part of the late Archean Abitibi greenstone belt of Quebec (Figure 1) on the eastern

flank of the Brouillan V olcanic Complex, adjacent distance to the Brouillan tonalitic batholite which is a

large syn-vocanic intrusion that is overlain by a coeval sequence of calc-alkaline to transitional mafic to

felsic volcanics and tuffs.

This complex as a significant member of to the mineral-rich northwestern Abitibi subprovince of Quebec,

host to numerous showings and significant discoveries and deposits including the:

• B26 Deposit (Indicated 11.32 Mt at 1.23% Cu & 1.27% Zn);

• Selbaie Mine (Produced 56.9 Mt at 0.87 Cu & 1.85% Zn);

• Fenelon gold deposit (4.09 Moz Au across all categories);

• Beschefer gold project (55.63 g/t over 5.57 m);

• BP-Beschefer Zn-Ag Project (0.93% Zn, 14.9 ppm Ag);

• and the Ruisseau Twining gold Project (Grabs up to 54 g/t Au)

Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology

of the Property.

Figure 1 - Surrounding Precious and Base Metals Potentials and significant Deposits and Mines around

East Brouillon Property

The bedrock geology of the East Brouillan claims is dominated by V olcanic packages (Felsic to Mafic) as

a high hosting potential for precious and base metal deposits which are associated with Diorite, Tonalite,

Andesitic Tuff, Gabbro and Diabase dykes (Figure 2).

The dominant lithological setting of volcanic rocks in the property is most likely bound to the same setting

of volcanic-volcano sedimentary sequence hosting the B-26 and BP-Beschefer deposits.

Figure 2 - Geology Map of the East Brouillon Property

The Company engaged Pioneer Exploration Consultant Ltd. (“Pioneer”) to fly drone Mag and VLF surveys

over the East Brouillan property. The Mag and VLF surveys were conducted at 90º and 60º directions and

totalled about 97 and 79 line-km, respectively at 100 metre line spacing with both sensors set to be about

40 metres above the ground level.

According to the Magnetic survey, some N-S high magnetic gradients were revealed in which their linear

characteristics are correlated with the Diabase dykes shown in geology map and also suggest some other

inferred parallel dyke systems. Some moderate to high magnetic conductors are revealed which are

associated with either local lithological variations or mineral related magnetic concentrations. This

magnetic survey also reveals an inferred SW-NE fault over the dyke system which has caused the dykes to

be deformed and displaced (Figure 3).

The VLF survey outcomes, reveals eleven conductive anomalies which are more or less associated with

low and high mag anomalies which identify three discovery target zones (West, East and North) for

advancing future exploration programs. (Figure 3).

In the West target, there are two NW-SE electromagnetic conductors which are correlated with some N-S

high magnetic anomalies (Diabase dyke system) and are associated with inferred structural feature (Fault)

and also the volcanics and diabase dykes contact zones.

The East target includes several NW-SE electromagnetic conductors which are correlated with low to

moderate magnetic anomalies in which some associated with lithological contacts like volcanics-andesitic

tuff, Gabbro-andesitic tuff and andesitic tuff-tonalite.

The North target consists of several NW-SE electromagnetic conductors which are correlated with low

magnetic anomalies in which some are associated with tonalite-diorite contact zones.

Figure 3 - The Magnetic and VLF surveys Maps and the Identified Three Discovery Targets at the East

Brouillan Property.

The Company intends to advance the exploration program through conducting geochemical and Induced

Polarization (IP) surveys at in the three identified promising targets in order to complete area reduction for

identifying the most promising zones for executing drilling program targeting precious and base metal

deposits.

Qualified person

The technical content of this news release has been reviewed and approved by Mr. Babak V. Azar, P .Geo.

(EGBC#62313, OGQ#10876), a qualified person as defined by National Instrument 43-101. Historical

reports provided by the optionor were reviewed by the qualified person. The information provided has not

been verified and is being treated as historic.

About Panther Minerals Inc.

Panther Minerals Inc. is a North American mineral acquisition and exploration company focused on the

development of quality precious and base metal properties that are drill -ready with high-upside and

expansion potential. Panther Minerals trades on the CSE Exchange under the symbol PURR, the OTC under

the symbol GLIOF and in FWB under the symbol 2BC.

PANTHER MINERALS INC.

Ram Kumar, CEO and Director

For more information, please call 604-416-0569, email [email protected].

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for

the adequacy or accuracy of this release.

Forward-looking statements:

This news release includes "forward-looking statements" under applicable Canadian securities legislation.

Such forward-looking information reflects management's current beliefs and is based on a number of

estimates and/or assumptions made by and information currently available to the Company that, while

considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may

cause the actual results and future events to differ materially from those expressed or implied by suc h

forward-looking statements. Readers are cautioned that such forward -looking statements are neither

promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not

limited to, general business, economic, competitive, political and social uncertainties, uncertain and

volatile equity and capital markets, lack of available capital, actual results of exploration activities,

environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays

in obtaining governmental approvals and permits, and other risks in the mining industry.

The Company is presently an exploration stage company. Exploration is highly speculative in nature,

involves many risks, requires substantial expenditures, and may not result in the discovery of mineral

deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its

properties. As a result, there can be no assurance that such forward-looking statements will prove to be

accurate, and actual results and future events could differ materially from those anticipated in suc h

statements.