Nevsun Resources Ltd.

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Canada & British Columbia Vancouver

669 Howe Street, Suite 760

+1 604 623-4700

www.nevsun.com

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Company Press Releases

North Shore Advances Rio Puerco Towards Drilling

VANCOUVER, BC / ACCESS Newswire / October 29, 2025 / North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to provide an update on its Rio Puerco uranium project in the Grants Uranium District of northwestern New Mexico ("Rio Puerco" or the "Project").As previously announced, a historical resource estimate of 6.0 million tonnes at an average grade of 0.09% eU3O8 for 11.4 million pounds of U3O8 was reported for Rio Puerco in 2009 (the "Historical Resource"). The Historical Resource was based on drill data gathered by Kerr McGee Corporation ("Kerr McGee") in the...

North Shore Makes Final Option Payment And Completes Earn-In For West Bear Property

VANCOUVER, BC / ACCESS Newswire / October 23, 2025 / North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to announce that it has met its final earn-in obligation for the West Bear property ("West Bear")under an option agreement dated April 18, 2022 (as amended, the "West Bear Option Agreement") with Gem Oil Inc. ("Gem Oil"), giving the Company the right to acquire a 75% interest in West Bear. West Bear consists of four mining claims totaling 3,927 hectares at the eastern margin of the Athabasca Basin in Saskatchewan.To satisfy the final $50,000 payment for W...

North Shore Uranium Ltd. Completes Prospecting Program at Falcon; Significant Radioactivity Discovered in Outcrops and Boulders

VANCOUVER, BC / ACCESS Newswire / October 14, 2025 / North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to announce the completion of a prospecting program on its Falcon Property ("Falcon" or the "Property") located at the eastern margin of the Athabasca Basin in Saskatchewan.The prospecting program was completed by Axiom Exploration Group and focused on eighteen priority targets that were identified by North Shore's technical team. At each of these targets, the crew assessed the mapped surface expression of the interpreted electromagnetic ("EM") conductor...

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