Mink Ventures (TSXV:MINK) Begins Winter Diamond Drill Program at Warren Ni Cu Co Property

TORONTO, Ontario — January 20, 2026 — Leads & Copy — Mink Ventures Corporation (TSXV:MINK) has commenced its winter diamond drill program at its Warren Ni Cu Co Property in Timmins, Ontario.

Following the completion of the Warren program, the drill will move to Mink’s Montcalm Ni Cu Co Property in late January.

Diamond drilling is currently underway at the Warren Property, with the main focus being the “A” Zone, which is highly prospective for both nickel and copper. Surface exposures show a significant enrichment in copper.

Recent summer exploration outlined a strong and extensive Mise-a-la-Masse (MALAM) anomaly, stretching approximately 500 meters in length and 200 meters in width. The anomaly coincides with surface trenches exposed on strike in outcrop for about 120 meters, which contain significant values of Cu, Ni, and Co hosted in semi-massive to massive sulphide.

Field visits by Mink geologists led to a re-evaluation of the A Zone and a re-interpretation of the mineralized zone geometry. New data combined with historical drilling data suggests the higher-grade mineralized zone is a broad, flat-lying body with a shallow plunge to the north. The flat-lying exposed Cu, Ni, Co semi-massive to massive sulphide zone on the surface is underlain by a broad low-grade zone of disseminated and stringer Cu, Ni, Co mineralization.

Past inclined drilling may not have adequately evaluated the extent of the flat-lying higher-grade near-surface semi-massive to massive sulphides. Consequently, a series of shallow vertical holes are planned to test the coincident MALAM anomaly and surface exposure of “A” zone mineralization over the exposed 120 meters of strike length.

The North Zone and D Zone are also slated for drill testing. The North Zone is an untested surface occurrence where prospecting efforts by Mink geologists returned grab sample values as high as 0.967% Ni and 0.07% Co. Recent MALAM geophysical surveying outlined a 100-meter plus “bull’s eye” target over the occurrence.

The “D” Zone will also undergo drill testing. The surface expression of this zone is a 50-meter wide, trenched sulphide-rich zone, which is untested by drilling. A historical chip sample in a trench returned 0.5% Ni over 9.14 meters (Reference Mink Ventures Press Release Sept.4, 2024 and Timmins Resident Geologist Assessment File Report C. Mackenzie, Trans Cambrian, 1990).

Assays from late summer prospecting efforts were recently received. The program focused on ground truthing a series of VTEM airborne anomalies. Although no rock exposure was present at the exact location of the VTEM targets, a mineralized occurrence was located proximal to one target in the extreme northeast portion of the Warren patents (UTM 439633E 5365259 N). A number of anomalous copper and nickel values were obtained from a series of grab samples. The better anomalous copper values ranged from 0.216 to 0.252% copper, and the best anomalous nickel values ranged from 0.139 to 0.171% nickel. Follow-up ground geophysics is being considered to evaluate those VTEM targets to prioritize them for later drill testing. (Note: The reader is cautioned that grab samples are not necessarily indicative of mineralization present on the property)

Field samples were collected by a qualified professional geologist and experienced field assistant. Samples were transported in sealed bags to ALS Canada Ltd. facility in Timmins for preparation. Pulps were transported to Vancouver, B.C., for 35-element MEICP41 aqua regia inductively coupled plasma atomic emission spectroscopy analysis, PGM ICP23 analysis for gold-platinum-palladium analysis, Cu OG46 analysis for over 10,000 ppm Cu and NiOG46 analysis for over 10,000 ppm Ni. A single Oreas standard number 14P and a blank sample were submitted by the corporation as an external check and numerous quality control samples and duplicates were completed as an internal check by ALS Canada.

Mr. Kevin Filo, P. Geo. (Ontario), a qualified person within the meaning of National Instrument 43-101, approved the technical information disclosed in this release and for further information, see Mink press release September 10, 2025. Mr. Filo is a director of the Company.

Mink Ventures Corporation (TSXV:MINK) is a Canadian mineral exploration company exploring for critical minerals (nickel, copper, cobalt) at its Warren and Montcalm projects, in the Timmins, Ontario area. Mink’s Montcalm Project covers 100 km2 adjacent to Glencore’s former Montcalm Mine which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010). Its Warren Ni Cu Co Project, which covers 1,130 hectares, is located 35 km away. Both projects are drill ready and permitted and have excellent access and infrastructure with an all-weather access road and power as well as proximity to the skilled labour and facilities of the Timmins Mining Camp. The Company has 33,606,719 Common Shares outstanding.

For further information about Mink Ventures Corporation please contact: Natasha Dixon, President & CEO, T: 250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T: 705-266-6818

Source: Mink Ventures Corporation

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