Purecore Metals Initiates Extensive Data Compilation at Bankier Property in Central Okanagan for 2026 Exploration

Bankier Property Location and Geological Context

Situated in British Columbia's Central Okanagan, Purecore Metals' Bankier Property lies about 22 kilometres west of Peachland. Its proximity to the historic Brenda Mine—a former copper–molybdenum producer now under remediation—provides valuable geological insight into the mineralization styles and structural frameworks prevalent in the district.

The property is underlain by a structurally complex intrusive system dominated by granodiorite and granite lithologies, intersected by numerous alaskite dykes. These dykes are locally linked to alteration and mineralization signatures, forming the foundation of Purecore’s exploration focus. This geological setting typifies porphyry-style mineralization, a prime target for copper–molybdenum deposits in the region.

Scope and Goals of the Data Compilation Program

This program systematically organizes and reassesses historical exploration data collected across the Bankier Property. It encompasses three main components: digitizing historical rock, soil, Mobile Metal Ion (MMI), and geophysical datasets to generate interpretive maps and exploration vectoring tools; establishing an efficient data management system and centralized repository to enhance data accessibility, interpretation, and collaboration; and identifying exploration gaps to prioritize targets and guide upcoming exploration campaigns.

Peter Berdusco, President and CEO of Purecore, stated: "Advancing into phase two of our 2026 exploration program at Bankier is a significant milestone. By integrating historical and contemporary datasets through a multi-disciplinary approach, we aim to systematically evaluate the property and maximize the value of existing information. As our geological understanding evolves, this effort will refine exploration targets and support planning for future programs."

Historical Exploration Highlights and Multi-Element Geochemical Anomalies

Exploration to date has identified three MINFILE showings on the Bankier Property: Glad, Bankier, and HP. These documented mineral occurrences have attracted both historical and recent exploration interest, serving as key reference points for understanding mineralization across the property.

Historical and recent geochemical and geophysical surveys, including airborne magnetics, Mobile Metal Ion soil sampling, and rock sampling, have delineated multiple multi-element geochemical anomalies. These anomalies encompass copper, molybdenum, gold, zinc, silver, lead, and uranium, indicating a polymetallic mineralization system with potential for diverse metal associations. These findings align with Purecore’s focus on critical minerals vital to energy, technology, and defence sectors.

Mobile Metal Ion Sampling and Alteration Indicators

The Bankier Property features prospective alteration signatures and multi-element Mobile Metal Ion anomalies, which are essential for exploration vectoring. MMI sampling is a soil geochemistry technique that detects metals in bioavailable forms, often enhancing mineralization signals beyond conventional soil sampling.

MMI anomalies in copper, molybdenum, gold, zinc, silver, lead, and uranium suggest multiple mineralized zones or extensive peripheral halos around core mineralization. The data compilation program will digitize and re-analyze these MMI datasets to develop refined exploration targeting models.

Geophysical Data Integration and Structural Analysis

Airborne magnetic surveys are a critical part of the historical data being compiled. These surveys reveal subsurface lithology and structural features, particularly magnetite-bearing and iron-sulfide mineralization. The structurally complex intrusive system at Bankier, dominated by granodiorite and granite with alaskite dyke swarms, provides favorable geometry for magnetic interpretation.

By integrating airborne magnetic data with geochemical results from rock, soil, and MMI sampling, Purecore aims to build a comprehensive understanding of the property’s mineral potential. This multi-disciplinary approach will help identify priority targets and refine geological models for future fieldwork and drilling.

Data Management Infrastructure and Centralized Repository

A fundamental aspect of the program is establishing an efficient data management system and project-wide repository. This infrastructure facilitates data access, interpretation, and sharing among Purecore’s technical team and external consultants supporting exploration.

Centralizing historical and new datasets—including rock and soil samples, geochemical analyses, MMI results, and geophysical surveys—enables pattern recognition, correlation, and anomaly identification to guide targeting decisions. This framework also supports incorporating new data as the 2026 exploration program progresses.

Gap Analysis and Target Prioritization Strategy

The program includes a gap analysis to identify under-explored areas within the Bankier Property. This analysis distinguishes regions with substantial historical exploration from those lacking coverage, guiding resource allocation for future fieldwork.

This prioritization framework supports efficient deployment of exploration budgets and personnel. Understanding historical exploration distribution allows Purecore to make informed decisions on geographic and methodological priorities for upcoming 2026 exploration phases, influencing drill target selection, additional surveys, and mapping efforts.

Purecore’s Critical Minerals Exploration Focus

Purecore Metals Inc. is dedicated to advancing materials essential for modern energy systems and emerging technologies. The company is developing a critical minerals portfolio aligned with long-term trends in energy, technology, and defence sectors, emphasizing high-impact opportunities and disciplined execution.

The Bankier Property’s polymetallic mineralization—including copper, molybdenum, gold, and other metals—fits within this strategic framework. Copper and molybdenum are crucial for energy infrastructure, while gold and precious metals maintain enduring value. The presence of uranium among the anomalies highlights Purecore’s positioning to capitalize on opportunities across both conventional and alternative energy metals.

Qualified Person Review and Compliance

Technical information in the announcement has been reviewed and approved by Ali Wasiliew, P.Geo., an independent Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. This review ensures that exploration results and geological interpretations comply with professional standards required for Canadian securities-listed mineral exploration companies.

Engagement of an independent Qualified Person provides investor assurance that Purecore’s technical disclosures regarding the Bankier Property’s geology, mineralization, and exploration potential have been professionally vetted.

Forward-Looking Statements and Exploration Risks

The announcement contains forward-looking statements about the planned 2026 summer exploration program at Bankier, the data compilation timeline, and broader exploration goals. These statements are based on management’s current expectations and assumptions and involve risks that could cause actual results to differ materially.

Identified risks include potential delays or failure to complete the data compilation program, adverse weather or access conditions affecting fieldwork, commodity price volatility impacting financing, exploration results, and general market conditions. Purecore disclaims any obligation to update forward-looking information except as required by law.