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UBIQUE PURCHASES OPHIR GOLDS CLAIMS IN DANIEL’S HARBOUR ZINC PROJECT

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UBIQUE PURCHASES OPHIR GOLDS CLAIMS IN DANIEL’S HARBOUR ZINC PROJECT

Executive Summary

Ubique Minerals Corporation has completed the acquisition of mineral claims from Ophir Gold within the Daniel's Harbour Zinc Project located in Newfoundland and Labrador. The transaction represents a strategic consolidation of mineral rights in this zinc-focused district, allowing Ubique to expand its land position and potential resource base in the region.

The Daniel's Harbour area has historical significance for zinc mineralization, and this acquisition aligns with Ubique's strategy to build a substantial mineral land package in prospective zinc terranes. By acquiring these additional claims from Ophir Gold, Ubique is positioning itself to conduct more comprehensive exploration programs across a larger, contiguous land holding.

This type of claim consolidation is typical in early-stage mineral exploration, where companies seek to control larger areas of prospective ground to maximize their exploration potential and minimize the risk of competitors acquiring adjacent properties. The acquisition reflects ongoing activity in the Canadian junior mining sector, particularly around base metals like zinc, which have seen renewed interest due to their critical role in clean energy infrastructure and battery technologies.

For Ubique Minerals, trading on the Canadian Securities Exchange under the symbol UBQ, this acquisition represents continued progress in building their asset base and advancing their zinc exploration strategy in Atlantic Canada's mineral-rich provinces.
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