Lomiko Metals Identifies New Gold Showing and Extends Multi-Element Anomalies to the South at the Yellow Fox Antimony, Silver, and Gold Property Located in Central Newfoundland

Lomiko Metals Inc. has reported positive results from its phase II soil sampling and prospecting program at the Yellow Fox property in central Newfoundland. The exploration work has successfully identified a new gold showing and extended multi-element anomalies to the south, demonstrating the expanding potential of this antimony, silver, and gold project.

The Yellow Fox property represents a strategic addition to Lomiko's portfolio, having been acquired from Metals Creek in January 2025. The property's multi-commodity profile, targeting antimony, silver, and gold, positions it well within the current market environment where critical metals like antimony are gaining increased attention due to supply chain concerns and strategic metal classifications.

The successful identification of new mineralization and the southward extension of anomalies suggests the property may host a larger mineralized system than initially understood. This type of exploration success at an early stage is particularly significant for junior mining companies like Lomiko, as it validates the acquisition decision and provides clear targets for future drilling programs. The results should support the company's efforts to advance the property through systematic exploration phases.

For the broader sector, this discovery adds to the growing inventory of critical metals projects in Canada, particularly antimony which has gained strategic importance globally. The combination of precious metals with antimony creates multiple value streams and reduces commodity-specific risk, making this an attractive exploration story in the current market environment.