VANCOUVER, BRITISH COLUMBIA – July 25, 2025 – TheNewswire - Stearman Resources Inc. (CSE:STMN) (“Stearman” or the “Company”) is pleased to provide this update today.

The Company on July 14, 2025 completed the acquisition of NeoCore Uranium Ltd. which owns a 100% interest in the NeoCore Uranium Property (the “Property”) consisting of 6 mineral claims covering 13,012 hectares, located in the Athabasca Basin in northern Saskatchewan.  The Property is located on the eastern flank of the Athabasca Basin, about 65 kilometres southeast of the McArthur River Uranium Mine, and is directly adjacent to renowned uranium mining and exploration companies, including CanAlaska Uranium Ltd., Skyharbour Resources Ltd. and Baselode Energy Corp.

With the NeoCore acquisition, the Company will not be proceeding any further with the option held on the Brassie Creek Property located west of Kamloops BC.

The Company has granted further stock options, exercisable for 200,000 common shares in the capital of the Company at a price of $0.075 each for a period of three years, in accordance with the Company’s Stock Option Plan.

About Stearman

The Company is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA. The Company currently owns a 100% interest in the NeoCore Uranium Property (the “Property”) consisting of 6 mineral claims covering 13,012 hectares, located in the Athabasca Basin in northern Saskatchewan.  The Company also has an option on the Miniac Property in Quebec. consisting of 78 claims over 4,110 hectares located 35 kms north of Amos, Quebec, prospective for gold, zinc, copper and silver.

On Behalf of the Company

Howard Milne, Chief Executive Officer

For further information, please contact Howard Milne, CEO at 604-377-8994 email hdmcap@shaw.ca  

Forward Looking Statements: This press release may contain “forward‐looking information or statements” within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to its future business plans. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ from those in the forward-looking statements. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

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