Galileo Resources Plc（“Galileo”或“公司”）第一阶段勘探和数据整合计划已根据与 Elemental Royalty Corporation 的全资子公司 Bronco Creek Exploration Inc.（“BCE”）签订的特许权使用费和勘探协议（“协议”）的条款，在其 100% 拥有的 Ferber 矿区（“该矿区”）生成了多个优先钻探目标。

亮点：

BCE团队已编制一份目标报告，列出了根据与Galileo公司协议条款在Ferber项目规划的一系列优先钻探目标。作为回报，Galileo公司将授予0.33%的永久性净冶炼收益率（NSR）特许权使用费。
这些目标是通过新的地面测绘、地球化学和地球物理勘探项目，结合广泛的历史数据库而生成的，充分利用了BCE在内华达州-犹他州地区矿床方面的丰富经验。Ferber
的测绘和岩石年代测定已确定了与成矿热液系统相关的始新世火成岩，其年龄与内华达州的大型历史矿床群Battle Mountain矿床和Carlin金矿带矿床类似。
已选定四个目标区域，重点关注20平方公里范围内的矽卡岩型和斑岩型矿化，并分为两个优先类别。
拟议的勘探钻探计划包括多达 8 个钻孔，总钻探深度超过 3000 米，用于测试高优先级和中等优先级目标。
历史钻探结果包括12.2米厚、铜品位0.83%的矿段和10.7米厚、金品位0.53克/吨的矿段。公司曾进行过周期性采矿作业，其中包括玛莎·华盛顿矿，据报道该矿平均产量为铜6%、铅16%和银14盎司/吨。
公司现在将启动许可申请、后勤准备和向合适的承包商询价的流程，目标是在2026年上半年开始钻探工作。

董事长兼首席执行官科林·伯德表示：“在BCE的协助下，我们近期完成的勘探计划取得了令人鼓舞的成果，产生了多个强有力的钻探目标。我们计划在未来几个月内对这些目标进行初步勘探。我们将随着工作的进展及时向市场通报情况。”

伽利略/BCE矿权使用费及勘探协议概要

请参阅2025年5月13日发布的RNS公告。

费伯项目背景
该矿区位于内华达州埃尔科县温多弗以南40公里处，由一系列已获专利和未获专利的矿权组成，总面积约30平方公里。

费伯矿区由始新世多期火成岩杂岩体侵入宾夕法尼亚纪-二叠纪碳酸盐岩构成。石灰岩单元呈穹状环绕侵入体。大理岩和矽卡岩发育于侵入杂岩体的边缘。沉积岩和侵入岩被不同走向的断层切割。多金属矿化以接触矽卡岩和交代作用的形式存在于石灰岩和侵入岩中。该矿区可能存在受构造控制的沉积型金矿床，以及斑岩型贱金属/金矿靶区。

该地区于19世纪80年代发现了铜铅银金矿床。多年来，玛莎·华盛顿矿、大酋长矿、摄政王矿和其他小型矿山断断续续地向该地区运送矿石。这些矿山的产量有限，仅生产了97,878磅铜、192,613磅铅和11,851盎司银。自20世纪80年代至90年代以来，Cordex勘探公司、皇家黄金公司和FMC公司一直在该地区进行勘探。

在历史勘探过程中，采集了大量地表样品，并进行了有限的、大多较浅的钻探。已报告的钻探结果包括：4.6米厚的矿段，金品位为2.37克/吨；10.7米厚的矿段，金品位为0.53克/吨；以及12.2米厚的矿段，铜品位为0.83%。伽利略公司从旧矿井和矿堆采集的单个抓取样品中，金含量最高达10.8克/吨，银含量最高达674克/吨，铜含量最高达4.19%，铅含量最高达8.71%，锌含量最高达7.62%。此外，对其他一些元素的有限分析显示，铋和砷的含量异常，这两种元素均在美国关键矿物清单中。

技术审核：
本公告中的技术信息已由伽利略公司技术总监、理学士、注册地质学家爱德华·斯洛伊（Edward (Ed) Slowey）审核。斯洛伊先生是一位拥有40多年矿产勘探和开采相关经验的地质学家，是爱尔兰地质学家协会的创始成员，并符合AIM规则规定的合格人士资格。斯洛伊先生已审核并批准本公告。

Galileo Resources Plc ("Galileo" or "the Company") Phase 1 exploration and data integration programme has generated a number of priority drill targets at its' 100% owned Ferber Property ("the Property") under the terms of a Royalty and Exploration Agreement ("the Agreement") with Bronco Creek Exploration Inc. ("BCE"), a wholly-owned subsidiary of Elemental Royalty Corporation.

Highlights

锟� The BCE team has compiled a Targeting Report setting out a series of priority drill targets at the Ferber project as envisaged under the terms of the Agreement with Galileo and in return Galileo will grant a 0.33% perpetual NSR Royalty.
锟� The targets were generated through new mapping, geochemical and geophysical programmes on the ground integrated with an extensive historic database, leveraging BCE's wide experience over mineral deposits in the Nevada-Utah region.
锟� Mapping and rock dating at Ferber has identified Eocene igneous rocks associated with the mineralising hydrothermal system, analogous in age to the large historic Battle Mountain deposit complex and the Carlin gold trend deposits in Nevada.
锟� Four target areas have been selected focussed on skarn-hosted and porphyry-type mineralisation over a 20 square kilometre area, divided into two priority categories.
锟� The proposed Reconnaissance Drilling programme incorporates over 3,000m of core drilling in up to eight holes testing high and medium priority targets.
锟� Historic drill intercepts included 12.2m @ 0.83% Cu and 10.7m @ 0.53g/t Au, while periodic mining included the Martha Washington mine where production was reported to average 6% Cu, 16% Pb and 14 oz/ton Ag.
锟� The Company will now initiate the process of permitting, logistical preparation and obtaining quotes from suitable contractors with the aim of commencing drilling in the first half of 2026.

Colin Bird Chairman & CEO said: "The results or our recently completed exploration programme, assisted by BCE, has been very encouraging, generating a number of strong drill targets. We intend to pursue these targets in the coming months on a reconnaissance basis. We will keep the market informed as work progresses."

Galileo/BCE Royalty and Exploration Agreement Summary

Please refer to RNS dated 13 May 2025

Ferber Project Background
The Property, located 40 kilometres south of Wendover in Elko County, Nevada, comprises a series of patented and unpatented claims covering an area of about 30 square kilometres.

The Ferber District consists of a multi-phase Eocene igneous complex intruding Pennsylvania-Permian age carbonates. The limestone units are domed around the intrusive. Marble and skarn are developed at the margin of the intrusive complex. The sedimentary and intrusive rock is cut by faults of various orientations. Polymetallic mineralisation occurs as contact skarn and replacement in limestone and the intrusive. Possible structurally controlled sediment hosted gold deposits are present, as well as a porphyry base metals/gold target.

Copper-lead-silver-gold deposits were discovered in the area in the 1880s. Ore was shipped from the Martha Washington, Big Chief, Regent and other small mines intermittently over the years. Limited production figures for the mines list 97,878 pounds copper, 192,613 pounds lead, 11,851 ounces silver. Cordex Exploration, Royal Gold and FMC Corporation have conducted exploration in the area since 1980s-1990s.

Numerous surface samples have been collected during historic exploration along with limited, mostly shallow, drilling. Reported drill intercepts include 2.37g/t Au over 4.6m and 0.53g/t Au over 10.7m as well as 0.83% Cu over 12.2m. Individual grab samples collected by Galileo from old workings and dumps have ranged up to 10.8g/t Au, 674g/t Ag, 4.19% Cu, 8.71% Pb and 7.62% Zn. In addition, assaying for a limited range of other elements has shown anomalous levels of bismuth and arsenic which are on the US list of critical minerals.

Technical Sign-Off
Technical information in this announcement has been reviewed by Edward (Ed) Slowey, BSc, PGeo, Technical Director of Galileo. Mr Slowey is a geologist with more than 40 years' relevant experience in mineral exploration and mining, a founder member of the Institute of Geologists of Ireland and is a Qualified Person under the AIM rules. Mr Slowey has reviewed and approved this announcement.