Lancaster Completes Title Transfer for 100% of the Lake Cargelligo Gold Project

Core Viewpoint - Lancaster Resources Inc. has successfully completed the title transfer for 100% of the Lake Cargelligo Gold Project, enhancing its exploration portfolio in the Cobar mining district of New South Wales, Australia [1][7]. Company Overview - Lancaster Resources Inc. is a Canadian exploration company focused on critical mineral and gold projects, holding a 100% interest in the Lake Cargelligo Gold Project, which spans approximately 62,300 hectares [7]. - The company also has assets in Canada, including the Lac Iris Polymetallic Project and options for the Trans-Taiga Project in Quebec, as well as gold and uranium projects in Saskatchewan [7]. Project Details - The Lake Cargelligo project includes Exploration License 9775, covering 28,768 hectares, which has historical high-grade gold and silver occurrences identified through various sampling methods [3]. - Lancaster Gold Australia Pty Ltd., a wholly owned subsidiary, now holds the mineral claim title for Exploration License 9775, effective November 17, 2025 [2]. - An additional exploration license (ELA6970) for 33,400 hectares has been submitted and is awaiting final state approval [3]. Exploration and Technical Information - All exploration results mentioned are historical and have not been verified by a Qualified Person under NI 43-101, although they are considered relevant for exploration purposes [5]. - Andrew Watson, the President and CEO, is a Qualified Person as defined under National Instrument 43-101 and has approved the scientific and technical information in the release [6].