Nevada Sunrise Closes Sale of Gemini Lithium Project Claims

Core Viewpoint - Nevada Sunrise Metals Corporation has successfully completed a transaction with Dome Rock Resources, LLC for the sale of 223 unpatented lode claims, which are central to the Gemini Lithium Project located in Nevada [1][2]. Group 1: Transaction Details - The total purchase price for the claims was US$800,000 (approximately CAD$1.1 million), fully paid in cash [2]. - The payment structure included an initial non-refundable deposit of US$100,000 and a final payment of US$700,000 received on September 15, 2025 [5]. - Nevada Sunrise will retain a 2.0% Net Smelter Returns royalty from the project, with the option for Dome Rock to acquire half of this royalty for US$1.0 million [5]. Group 2: Company Overview - Nevada Sunrise is a junior mineral exploration company based in Vancouver, BC, with interests in gold, copper, and lithium projects in Nevada [3]. - The company holds 100% interests in the Jackson Wash and Badlands lithium projects, as well as a water right permit in the Lida Valley [7]. - Additionally, Nevada Sunrise has rights to earn 100% interests in the Griffon Gold Mine Project and the Coronado Copper Project, both located in Nevada [6].