Lancaster Resources Announces Resignation of Penny White and the Addition of Rob Heaslop to the Board of Directors

Core Viewpoint - Lancaster Resources Inc. announces the resignation of director Penny White and the appointment of Rob Heaslop to the Board of Directors, reflecting a strategic shift in leadership to enhance shareholder value and support ongoing projects [1][2][4]. Group 1: Director Changes - Penny White resigned from her position as a director effective March 3, 2026, and the Board expressed gratitude for her contributions [1]. - Rob Heaslop has been appointed as a director effective immediately, bringing 20 years of experience in exploration and resource development [2][3]. Group 2: Rob Heaslop's Background - Mr. Heaslop is a geologist with expertise in project generation and early-stage targeting for precious and base metal deposits, having worked in Africa, Australia, and the Pacific [3]. - He holds a Bachelor of Science (Hons) in earth science and geology from The University of Queensland and has founded MRG Resources Pty Ltd, focusing on exploration opportunities in Australia [3]. Group 3: Company Strategy and Projects - The appointment of Mr. Heaslop is seen as a strategic move to strengthen Lancaster's leadership and enhance its capabilities in the mining industry [4]. - Lancaster Resources is focused on developing its Lake Cargelligo gold project, Lac Iris polymetallic asset, and other critical mineral assets [4]. - The company holds a 100% interest in the Lake Cargelligo Gold Project, covering approximately 62,300 hectares, and has additional assets in Quebec and Saskatchewan [6].