Mont Royal Resources Ltd plans to commence a helicopter-supported till sampling survey at the Chateaufort Property in Quebec, Canada, to evaluate the gold potential of its Northern Lights Lithium and Gold Project. The survey is designed to assess gold potential through gold-grain dispersion analysis in Quaternary deposits. This initiative is part of the company's Summer Exploration Program and aims to satisfy annual minimum expenditure requirements.

The target area is located directly along strike from Benz Mining Corp's Eastmain Gold Project in the Upper Eastmain Greenstone Belt, which hosts a Mineral Resource of 1,005,000oz at 6.1g/t Au. IOS Géosciences inc. has proposed the survey to assess the potential for gold occurrences through the collection, processing, and analysis of till samples.

Survey Details

The proposed program comprises two sampling lines spaced approximately 1.5 to 2.0 kilometres apart, with samples planned approximately every 250 to 300 metres. Based on available Quaternary geological mapping and satellite imagery, approximately 60 samples are considered sufficient to cover the northern part of the Chateaufort Property.

Field work is scheduled to commence in mid-July 2026 and is expected to be completed within approximately 5-6 days, excluding mobilization and demobilization. Samples will be transported to Chicoutimi for processing. Preliminary HH-XRF and pebble count data are expected in August 2026, with the full report, including gold-grain counts, anticipated in Q3 2026 following receipt and approval of assay results.

Strategic Context

Mont Royal's Managing Director, Mr. Nicholas Holthouse, stated that the planned till sampling programme is designed to systematically evaluate the gold potential along strike from the Eastmain Gold Mine and associated prospective greenstone units. He noted that the gold and base-metal potential of the Eastmain extensions have not been previously tested, and this survey will help refine future exploration priorities across the property.

The Chateaufort Property is located approximately 300 kilometres north-east of Chibougamau, Quebec, and is only accessible by helicopter. The mandate includes sampling grid design, field logistics, helicopter-supported sample collection, sample processing, gold-grain counting, handheld XRF analysis of the fine fraction, and preparation for laboratory analysis.

Mont Royal Resources Ltd has filed a National Instrument 43-101 Technical Report for the Preliminary Economic Assessment of its Ashram Project. The report, titled "NI 43-101 Technical Report, Preliminary Economic Assessment for the Ashram Rare Earths Project, Nunavik, Quebec, Canada," supports the previously announced results. The filing ensures compliance with regulatory standards requiring the submission of a technical report within 45 days of the initial disclosure of PEA results.

Regulatory Compliance and Availability

The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. It has an effective date of May 29, 2026. The document is available for review on SEDAR+ and the company's website. The filing confirms there are no material differences between the Technical Report and the information disclosed in the news releases dated June 9, 2026.

Project Overview

The Ashram Rare Earth and Fluorspar Deposit is 100% owned by Mont Royal Resources Ltd. Located in Nunavik, Québec, Canada, it is described as one of the largest monazite-dominant carbonatite-hosted Rare Earth Elements deposits in North America. The company also owns a 75% interest in the Northern Lights Minerals tenement package, spanning 536km² in the Upper Eastmain Greenstone belt.

The projects are situated in the James Bay area, a Tier-1 mining jurisdiction in Quebec. These assets are prospective for lithium, precious metals such as gold and silver, and base metals including copper and nickel.