Announcement • Sep 08

Primary Hydrogen Completes Initial Soil Sampling, Engages Contractors and Sets October 1 Drill Start At Wicheeda North

Primary Hydrogen provided an update on the 2026 work program at the Wicheeda North rare earth element project in British Columbia. The program, announced on August 10, 2026, culminates in the first drilling in the Property's history. Each component of the program is now contracted or in the field. The drill program will provide the first test by drilling of the rare earth soil anomalies identified on the Property in 2025. The first phase of soil sampling has been completed and the samples have been submitted for analysis, and a second phase is under way. The Company has engaged Precision GeoSurveys Inc. to fly a 738 line-kilometre airborne radiometric survey this month and Radius Drilling Corp. to carry out the maiden drill program, proposed to commence on October 1 and be completed by November 1. Phase 1 soil sampling is complete and samples have been submitted to the laboratory, with assay results to be reported once received and interpreted. Phase 2 soil sampling is under way, with three additional grids selected from the historical data compilation, with completion expected by September 23. Airborne radiometric survey is contracted, with Precision GeoSurveys Inc. engaged to fly 738 line-kilometres at 50-metre line spacing, with completion targeted for September 20 and preliminary results expected in late September. Drill contractor is engaged, with Radius Drilling Corp. engaged for the approximately 1,500-metre maiden drill program, proposed to commence October 1 with all holes completed by November 1. Upcoming milestones include Phase 1 soil assays to be reported once received and interpreted, airborne radiometric survey flown by September 20 with preliminary results late September, Phase 2 soil sampling completed by September 23 with assays to follow, maiden drill program commencing October 1 with all holes completed by November 1, and drill results to be reported as received and interpreted. The soil program is being completed in two phases. The Phase 1 grid, outlined in red, has been completed and the samples have been submitted for analysis; results will be reported once received, interpreted and compiled. The Phase 2 grids, shown in orange, comprise three areas selected from the Company's compilation of historical soil data, one of which adjoins and extends the Phase 1 grid. Phase 2 sampling is under way and is expected to be completed by September 23. Together the two phases infill and extend the Company's existing soil coverage, to define how large and how strong the 2025 anomalies are and whether they extend beyond the current grids. The Company has engaged Precision GeoSurveys Inc. of Langley, British Columbia to fly the survey, which is scheduled to commence later this month with preliminary results expected before month-end. The survey comprises 738 line-kilometres flown at 50-metre line spacing and a nominal flight height of 50 metres. The survey measures natural gamma radiation from potassium, uranium and thorium. Thorium commonly accompanies rare earth elements in carbonatite rocks, so elevated thorium at surface can point toward buried rare earth mineralization. The Company has previously interpreted the Property as carrying a greater depth of overburden than the neighbouring Wicheeda rare earth deposit held by Defense Metals Corp., in which the Company has no interest. Mineral deposits and exploration results on neighbouring properties are not necessarily indicative of mineralization on the Property. The survey is accordingly intended to narrow the target set rather than to fix drill locations on its own. The Company has engaged Radius Drilling Corp. of Prince George, British Columbia to carry out the maiden drill program of approximately 1,500 metres. Drilling is proposed to commence on October 1, 2026, with all holes completed by November 1, 2026. Initial drill targets will be selected from the Phase 1 soil results, the preliminary radiometric results and the results of the Company's 2025 airborne survey and soil program, integrated with regional LiDAR coverage and historical geophysical data. Phase 2 assay results are expected to be received while drilling is in progress and will inform the selection of targets for the remaining holes. The Company has elected to hold the October 1 start rather than defer drilling until the Phase 2 results are received, in order to complete the program within the 2026 field season. Wicheeda North comprises nine contiguous mineral claims totalling 2,138 hectares (21.1 square kilometres) in the northern Cariboo Mining Division of British Columbia, within the Rocky Mountain Trench, a structural corridor known to host carbonatite intrusions associated with rare earth element mineralization. The Company holds an option to acquire a 75% interest in the Property. No drilling has been undertaken on the Property to date, and no mineral resource has been estimated. In November 2025 the Company reported the results of an airborne geophysical survey and a soil geochemical sampling program completed during the 2025 field season. That work identified two high-priority REE anomaly clusters, Grid A-South and Grid D-South, representing the highest rare earth values recorded in the property-wide soil dataset, neither of which has been tested by drilling. The 2026 program follows the next steps set out in that release. The Property is covered by a Mines Act permit issued on a multi-year area-based basis for a five-year term expiring in 2031, authorizing surface drilling at up to 70 sites, and the 2026 program is fully funded from the Company's existing treasury, as previously announced.

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