Tribeca Resources to Acquire 100% Interest in Jiguata Property in Chile

VANCOUVER, BC — June 19, 2025 — NewsWall — Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) has announced it has entered into a letter of intent to acquire a 100% interest in the 10,000-hectare Jiguata Property in northern Chile from private vendors over five years. The Jiguata property is located 120km north of the Collahuasi and Quebrada Blanca mines and will be progressed alongside the Company’s La Higuera and Chiricuto projects.

The Jiguata Property features a large epithermal and interpreted porphyry alteration system in the northern extension of the Chilean porphyry-bearing Eocene-Oligocene Belt. Soil sampling, historic drilling, geological mapping and geophysics highlight a 5km x 3km exploration target with two drill-ready targets. The agreement allows for expenditure going into the ground to advance towards a discovery. Pre-drilling activities will be undertaken in parallel with further drilling at the La Higuera Project.

The purchase price is US$15 million over a 5-year option period, including a US$14.45 million bullet payment upon option exercise. Parties will work to enter into a definitive agreement within 90 days of the date of the LOI.

Tribeca Resources plans to undertake further mapping, surface sampling and additional geophysics prior to drilling at the Jiguata Property.

Key terms of the Purchase Option include a 5-year option to purchase a 100% interest in the Jiguata Property with cumulative payments totaling US$15 million. Tribeca Resources must complete at least 3,000 metres of drilling within the first 24 months. The option period can be extended to 6 or 7 years by paying the Project Vendors US$1,000,000 for each 12-month extension. If the Purchase Option is exercised, the Project Vendors retain a 2.0% NSR Royalty over the Jiguata Property.

Final assay results have been received from the final two holes at Chiricuto (CHR004 and CHR005). Tribeca intends to recommence drilling at the La Higuera Project in 2H 2025.

Contacts:

Paul Gow

Thomas Schmidt

admin@tribecaresources.com

+1 604 685 9316

Source: Tribeca Resources Corporation