Announcement • Jul 14

Frontier Nuclear and Minerals Launches 2026 Drill Program At Pine Ridge Uranium Project

Frontier Nuclear and Minerals Inc. announced the launch of its 2026 drill program at its 100% owned Pine Ridge uranium project in Wyoming’s Powder River Basin. The drill program will consist of approximately 120 holes totaling approximately 36,000 meters. The objective of the drill program is to define roll front deposits and target preparation of a maiden mineral resource estimate by early 2027. Pine Ridge is a large-scale uranium exploration project located in Wyoming’s Powder River Basin covering approximately 39,390 acres. The drill program will build on the successful 2025 drill program which confirmed widespread uranium mineralization, demonstrated continuity of mineralization across multiple areas, and identified at least 25 mineralized roll fronts contained within multiple major sandstone packages. Drilling is expected to be completed using one drill rig operating from July through December 2026, with the program potentially extending into January 2027. Frontier’s geology team has integrated the results of the 2025 drill program with Pine Ridge’s extensive historical drilling and geophysical database to refine the geological model and prioritize targets for the drill program. The drill program is designed to expand and further define priority mineralized trends, test additional prospective sandstone horizons, and advance Pine Ridge toward the definition of a maiden mineral resource estimate. Results from the 2025 drill program illustrate the continuity of the stacked roll-front systems identified across Pine Ridge and confirm mineralized zones within multiple major sandstone packages in the eastern and southwestern portions of Pine Ridge. These mineralized zones generally occur at depths of approximately 200 meters to 400 meters and are separated by laterally extensive fine-grained units that provide geological and hydrological confinement, supporting Pine Ridge’s potential suitability for future In-Situ Recovery development. Mineralization intersected in the southwestern portion of Pine Ridge appears to be hosted within a stratigraphically lower sandstone package than the mineralized sandstone packages identified in the eastern portion of Pine Ridge. This interpretation suggests that additional prospective areas and sandstone horizons may be present across Pine Ridge. Frontier expanded the Pine Ridge claim block through the addition of 54 federal mining claims, comprising approximately 854 acres. Pine Ridge benefits from an extensive historical exploration database comprising 1,311 historical drill holes totaling more than 22,825 meters of drilling, supplemented by 114 drill holes totaling 38,000 meters completed by Frontier during the 2025 exploration program. This combined dataset provides the foundation for Pine Ridge’s geological interpretation and the targeting of the drill program.

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