25 FEBRUARY, 2026 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources”, the “Company”) is pleased to report technical updates from ongoing field programs and integrated analysis of mapping, soil sampling, hyperspectral and geophysical datasets at its Jiguata porphyry copper exploration project in Northern Chile.
“We are very pleased with what we are uncovering at the Jiguata Project. With four large zones of alteration developed over a 7km length, in the right structural setting, we can see a district coming together. While we are now awaiting detailed geochemical results and ground spectral information that will add to this picture, we believe the signs are there for the development of mineralization at depth. This systematic approach, although requiring significant pre-drilling field activity, should yield high quality drill targets that we can test with confidence. Field work is ongoing, but we are confident that drill holes can be targeted in a way that fully encapsulates all the data gathered during this systematic phase, after which we will look to mobilise drill rigs to priority targets.”
The Jiguata Project is a 10,000 hectare property located in the Tarapacá region in northern Chile. It is situated in the northern extension of the prolific Palaeocene and Eocene-Oligocene porphyry copper belts where it is overprinted by the younger Miocene Belt of magmatism that hosts recent large scale high sulphidation epithermal gold and porphyry copper-gold discoveries further to the south, including Vendaval Cu-Au Porphyry (First Quantum) (“Vendaval) and Salares Norte Au-Ag High Sulphidation Epithermal (Goldfields) (“Salares Norte”) (Figure 1). References to nearby or regional deposits are provided for geological context only. The presence, size or grade of mineralization on other properties in the belt, including Vendaval and Salares Norte, is not necessarily indicative of mineralization on the Jiguata Project.

Structural interpretation has been completed across the Jiguata Project, incorporating newly acquired geophysical surveys and evolving field geological mapping. This interpretation indicates the project is situated along the Domeyko Structural Corridor, a continental-scale, structural feature that is defined by a 40–60 km wide zone that stretches for more than 1,000 km in northern Chile. The Loa Fault system, part of the Domeyko system, has been interpreted to pass through the Jiguata Project. The Domeyko Structural Corridor hosts significant giant porphyry systems in northern Chile, including Escondida, Chuquicamata, Nueva Union, Collahuasi, Quebrada Blanca and Cerro Colorado, which are referenced solely to illustrate the regional geological setting. Such deposits are not necessarily indicative of mineralization on the Jiguata Project.
Structural analysis has also interpreted coalescing oblique structural controls, oriented northwest and northeast within the Domeyko Structural Corridor. The northeast trending Quebrada Parca - Quebrada Minacucho fault system, which is a proven deep seated, fault zone that hosts porphyry style mineralization at the Cerro Colorado deposit and Queen Elizabeth prospect to the west of Jiguata, has been interpreted as transecting the Jiguata Project.
Alteration mapping from multispectral satellite imagery, supported by ongoing field mapping, has identified four significant alteration centres within a ~7 km x 4 km corridor at Jiguata (Figure 2). The alteration centres, referred to as La Soberana, Escudo Real, El Trono and Cetro Dorado, present as broad alteration zones in favourable structural settings, coincident with mapped breccias, and at La Soberana dacitic domes, along with prospective geophysical responses.
La Soberana
The alteration centre represents a historical focus for exploration activities at Jiguata and is defined by an approximate 2.5 km x 1.5 km multispectral alteration and mapped alteration zone proximal to mapped hydrothermal breccias and dacitic porphyritic domes.
The alteration centre is situated at the intersection of a prominent northwest trending structural zone and the interpreted north-south trending Loa Fault zone. Preliminary soil pXRF results outline coincident anomalism in As, Mo and Pb with historic rock chips returning up to 1,700 ppm Mo. The location features coincident high IP chargeability and low resistivity responses, along with an interpreted complex magnetic signature. Historic limited drill testing, comprising two reverse circulation holes drilled to 250m-300m depth, identified broad zones of anomalous copper hosted within a variably altered andesite host, however the historic drilling is considered to have been too shallow, and too far south, to have intersected remodelled geophysical responses at La Soberana.
Cetro Dorado
The Cetro Dorado alteration centre is situated approximately 3.5km to the northeast of La Soberana (Figure 2) and represents the northeastern-most target, situated within the interpreted Loa Fault zone proximal to the intersection of major northeast and northwest faults. The alteration centre is defined by an approximate 3.2 km x 2.0 km alteration footprint coincident with an interpreted low magnetic zone. IP modelling defines a northeast trending moderate chargeability response (+ 25 mV/V – Figure 3) with localised cores of coincident high chargeability and low resistivity along with deeper resistive “root” features. Preliminary soil pXRF analyses delineate a broad As anomaly coincident with the alteration and geophysical features within the area (Figure 4). Field mapping is underway in this area.
Escudo Real
Escudo Real is situated approximately 4km to the northwest of La Soberana proximal to a prominent northwest trending structural feature. The alteration centre is defined by a 2.5 km x 1.8 km alteration footprint situated between El Trono to the northwest and La Soberana to the southeast. Preliminary field mapping has identified northwest trending hydrothermal breccias bearing alunite and jarosite within the broad alteration zone. IP coverage outlines a northwest-trending resistive feature with partially coincident chargeability and offset low resistivity responses which remain open towards the northeast. Soil geochemistry has not yet been completed at this target location.
El Trono
El Trono is situated approximately 5.5km to the northwest of La Soberana. The location is considered a high priority target defined by a locally prominent topographic high with alteration modelled from satellite data extending over approximately 2.0 km x 2.0 km, proximal to the interpreted northeast Minacucho fault system. Encouragingly, the modelled multispectral and preliminary mapped alteration indicates the presence of a substantial silica and potentially sulphide-rich core with peripheral clay rich alteration halos. Topographical access constraints have limited detailed mapping and have impeded the advancement of geochemical and geophysical coverage; however, historic rock chips have returned values of >200 ppm Cu and up to 0.03 g/t Au proximal to mapped jarosite-bearing breccias. El Trono is prioritized for completion of soil geochemical surveys and potential extension of geophysical surveys to advance potential drill targets.

Results have been received from the recently completed ground magnetic survey across the Jiguata Project area. Interpretation of preliminary total magnetic intensity (TMI) data (analytical signal) outlines a broad magnetic low that contains discrete magnetic highs. The magnetic low is spatially coincident with mapped and interpreted alteration, while the discrete magnetic highs are observed to be associated with mapped dacitic porphyritic domes.
The Company interprets that the discrete magnetic highs may represent potential intrusive centres and/or feeder zones, whereas the broader magnetic low may reflect magnetite-destructive alteration. An objective of the current work is to combine the interpretation of hyperspectral mineral composition patterns with detailed modelling of the geophysical datasets to provide vectors towards mineralized centres.
Interpretation and 3D remodelling of historic induced polarization (IP) data delineate two principal chargeability trends: one northeast-trending and one northwest-trending, with coincident low resistivity cores centred on the identified alteration centres (Figure 3).
The IP data also identified discrete extensive resistive “root” features developed proximal to low resistivity and elevated chargeability responses.
At La Soberana and Cetro Dorado, discrete magnetic highs appear to occur adjacent to coincident low resistivity and chargeable responses, supporting these areas as priority targets for follow-up work.

Preliminary pXRF analysis of soil samples has been completed over the La Soberana and partially across the Cetro Dorado zones (Figure 4). The samples have subsequently been submitted to the laboratory for multielement geochemistry and hyperspectral analysis. At a high level, broad, coincident multi-element pXRF geochemical anomalies have been delineated that are spatially associated with interpreted alteration features and structural settings. See below for information related to analysis and QAQC procedures for the pXRF data, which are preliminary in nature; laboratory results are pending and will be reported once received.
The multi-element pXRF anomalies define a northeast trending pattern, extending up to approximately 2.5 km at La Soberana and 1.9 km at Cetro Dorado. These anomalies correlate with IP chargeability and low resistivity responses.
Interpretation of the soil dataset will be refined when final laboratory geochemical and spectral results are received. Unfortunately, current turnaround times at analytical laboratories in Chile are increasing with the current high level of exploration activity in the country, making the timing of receipt of these analyses uncertain.

Field geological mapping has been completed across the La Soberana alteration centre and continues to unfold across the remaining alteration centres. At La Soberana, mapping has delineated a northeast trending hydrothermal breccia with quartz and alunite, and jarosite developed within a zone of advanced argillic alteration. This breccia zone trends toward younger cover and has been traced intermittently over an approximate 1.5 km strike length. Hydrothermal breccias at La Soberana appear spatially associated with outcropping, altered hypabyssal dacitic porphyritic domes.
Reconnaissance mapping at the other alteration centres has also identified hydrothermal breccia outcrops coincident with areas of argillic to advanced argillic alteration.
Mapped hypabyssal dacite domes show spatial agreement with interpreted geophysical features, and prospective breccia zones appear to partially coincide with IP chargeability and low resistivity responses. Mapping is being expanded to cover the majority of the Jiguata tenure, with priority placed on areas exhibiting coincident alteration and geophysical anomalism.

The pXRF results presented here were collected from plastic bags of sieved soil samples (-2mm) utilizing a HP InnovXSystem hand-held pXRF. The measurements were taken from the fine material at the bottom of each bag. The machine was regularly calibrated using a manufacturer supplied standard. The plots shown in this release represent the maximum value from each sample, with typically three readings collected per sample.
All scientific and technical information in this press release has been prepared by, or approved by, Dr. Paul Gow, who is the CEO of Tribeca Resources. He is a Member of the Australian Institute of Geoscientists (MAIG), a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr. Gow has not verified any of the information regarding any of the properties or projects referred to herein other than the La Higuera IOCG Project, the Jiguata Project and the Chiricuto property. Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on the La Higuera IOCG Project, the Jiguata Project and the Chiricuto property.
Tribeca Resources is a portfolio-driven copper explorer focused on northern Chile. Led by a team with a track-record of discovery and significant equity ownership, Tribeca Resources’ objective is to discover the mineral resources for the next generation of copper mines in Chile.
Tribeca Resources’ flagship La Higuera IOCG Project has seen approximately 10,000m of drilling with mineralization defined over a 1.4 kilometer strike length. Most of the La Higuera Project is held as 100%-owned properties, but with the properties overlying the Gaby target held under a purchase option agreement. The Chiricuto and Jiguata projects are earlier stage porphyry copper-gold-molybdenum targets, held under purchase option agreements.
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include statements regarding the relationship between alteration and rock characteristics identified in geological mapping and potential mineralization, the identification, prioritization and anticipated quality of exploration targets, the interpreted scale, extent and geological significance of alteration systems, the relationship between geophysical and geochemical survey results and potential mineralization, the size and timing of the proposed 2026 drill programs, the anticipated effectiveness of exploration methodologies, the integration of new and historic data to define drill targets, planned exploration activities beyond drilling, the anticipated completion of field activities and commencement of drilling (including the potential for weather-related delays), the ongoing engagement of GlobalOre and its impact on exploration outcomes, the use of proceeds from recently completed financings, the ability to secure and maintain necessary permits and approvals and the operations and future plans of the Company, including potential additional drilling and property acquisitions.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the ability of the Company to pay the purchase price and make any other payments required under the Jiguata Option Agreement, as well as to complete its option to acquire the Gaby target, risks associated with mineral exploration, including the risk that actual results of exploration will be different from those expected by management and that geological, geophysical and geochemical interpretations may not be confirmed by drilling, risks of delays or interruptions to exploration activities due to weather, logistical or access issues, risks related to obtaining and maintaining necessary permits and approvals, risks related to the availability and retention of key personnel, the ability to raise additional capital, fluctuations in commodity prices and market conditions, the reliability of historic or third-party data, the risk that any mineralization identified may be limited in size, continuity or economic significance, unanticipated costs or environmental liabilities, the risk that new laws or regulations could adversely affect the business and results of operations of the Company and anticipated work on the Company’s projects and other risks inherent in early‑stage mineral exploration projects.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; the risk that exploration activities, including drilling, may not result in the discovery of economically viable mineralization; the risk that geological, geophysical or geochemical interpretations may prove inaccurate or incomplete; risks inherent in early‑stage mineral exploration projects for which no mineral resources have been defined; risks related to the Company’s ability to maintain its interest in exploration properties; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; the reliability and limitations of preliminary, historic or third‑party exploration data; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
12 FEBRUARY, 2026 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources”, the “Company”) is pleased to report that fieldwork is progressing at the Jiguata porphyry copper exploration project (the “Jiguata Property”). This is running in parallel with preparations to commence drilling on the Chirsposo Sur target (the “Chirsposo Sur Target”) at the La Higuera project (the “La Higuera IOCG Project”).
“We are very pleased with the rapid start to the extensive field program at the exciting Jiguata Property. Information coming in from the geological mapping and preliminary satellite data interpretation confirms the presence of multiple large alteration systems, importantly with a variety of alteration assemblages commonly associated with high sulphidation epithermal environments.”
“In tandem we are moving ahead rapidly with preparations for drill testing of the Chirsposo Sur Target at the La Higuera IOCG Project. We intend to commence drilling in March, and are eager to see what the drill core yields in this compelling target that displays coincident anomalies in multiple geophysical datasets and sitting just below shallow gravel cover.”
The Jiguata Property is a 10,000 hectare property located in the Tarapacá region in northern Chile. It is situated in the northern extension of the prolific Palaeocene and Eocene-Oligocene porphyry copper belts where it is overprinted by the younger Miocene Belt of magmatism that hosts recent large scale high sulphidation epithermal gold and porphyry copper-gold discoveries further to the south, including Vendaval Cu-Au Porphyry (First Quantum) and Salares Norte Au-Ag High Sulphidation Epithermal (Goldfields) (Figure 1).
Geological Mapping
Tribeca’s first field program since signing the Jiguata Property option agreement (on 28 October, 2025), commenced in December 2025 and significant progress continues to be made. Geological mapping to date has been focused on the four large alteration systems identified from satellite imagery and historic mapping (Figure 2). Mineral assemblages commonly associated with high sulphidation epithermal alteration are present, including broad zones of quartz-alunite alteration and localized vuggy silica zones. Lesser propylitic and phyllic alteration, which can be associated with deeper or more distal portions of porphyry-high sulphidation systems, has also been mapped within the most northwestern alteration system.
Preliminary mapping also indicates the presence of potential porphyry-related quartz-dominated veins, typically termed ‘B’ or ‘D’-type veins in the central project area. Multiple hydrothermal breccias, commonly with the matrix replaced by quartz-alunite have been mapped, as has at least one dacitic dome complex. Mapping is ongoing, with a focus on providing more detail within the zones considered as prospective based on the initial mapping.
In general, the mapping appears to indicate that faults of northeast and northwest orientations are predominant. This accords with historic mapping and with the apparent regional control on the alteration zones delineated in the Worldview3 data (Figure 3).

Sampling
Rock and soil sampling has been ongoing, with approximately 370 soil (Figure 2) and 50 rock samples collected to date. The soil sampling to date has been focused within the exposed central alteration zone on 200m x 200m or 200m x 100m staggered grids. Laboratory results are awaited, but analysis undertaken on the samples via pXRF provides a preliminary outline of elemental distribution, with data still being processed. The pXRF results are preliminary in nature and are used for screening purposes; laboratory results are pending and will be reported once received.

Worldview3 satellite data acquisition and processing
Approximately 100 square kms of Worldview 3 high resolution multispectral satellite imagery was tasked and acquired in December 2025 with cloud free data received in early January 2026. The resulting high-resolution imagery is being utilised by the mapping team for fact and interpretation maps. False colour images produced have highlighted four alteration centres aligning along regional NW and crosscutting NE structures. Initial interpretation indicates that these centres are displaying advanced argillic to intermediate argillic alteration colouring with coincident areas of strong iron oxides (gossanous), and potentially jarosite, which are consistent with the upper parts of a high sulphidation epithermal and the tops of porphyry deposits elsewhere in the Andes. These satellite‑derived alteration interpretations are preliminary in nature and require further field confirmation.

Ground Magnetic Surveying
The field collection component of a ground magnetic survey by Argali Geofísica Chile E.I.R.L was completed on 19 January 2026. Most of the project area was covered with 200m-spaced east-west lines. In general, the young flat lying volcanics are moderately magnetic, which produces significant near surface noise. Where the overlying unit has been eroded or is not present the magnetic intensity is significantly lower. Final products, including a 3D inversion, are awaited. The results will be integrated with the geological mapping and other data to aid interpretation.
The Chirsposo Sur Target is one of five discrete targets on the La Higuera IOCG Project. It comprises an interpreted strong hydrothermal magnetite alteration system under thin gravel cover in the southern project area. Inversion of the ground magnetic data indicates the system comprises a steeply-dipping north-south oriented magnetite alteration system of 1.2 km strike length. The interpreted body is also coincident with an intense (>30 mV/V) north-south IP chargeability trend that stretches over 2.4km, along with a broadly coincident 0.5-1.0 mGal residual gravity anomaly.
Two historic vertical diamond holes at the Chirsposo Sur Target, drilled approximately 200m to the west of the body intersected IOCG-style alteration with weak copper mineralisation (8m @ 0.23% Cu from 38m in hole CB-02), as reported in the NI 43-101 technical report filed by Tribeca Resources on October 24, 2022 (the “La Higuera Technical Report”), and demonstrate strong magnetite alteration with a coarse-grained pyrite-dominated sulphide assemblage. For additional information, including comments on the relevance and reliability of the foregoing estimates and the key assumptions, parameters and methods used to prepare such estimates, please refer to the La Higuera Technical Report.
The planned drill program comprises three diamond holes for approximately 1,050m, with two holes to test discrete magnetic highs within the target, and one hole to test a rare resistivity low anomaly in the IP data.

Further, Tribeca announces that it has engaged San Diego Torrey Hills Capital, Inc. ("Torrey Hills"), a Rancho Santa Fe, California based investor relations firm, to provide market awareness and investor relations services to the Company, subject to acceptance by the TSX Venture Exchange ("TSXV"). Cliff Mastricola is the principal of Torrey Hills and will be responsible for all activities related to the Company.
Torrey Hills is a leading investor and financial public relations firm specializing in small and microcap companies. Torrey Hills will increase awareness about Tribeca Resources through its established relationships with investment professionals, investment advisors, and money managers focused on the microcap market space. This will allow the Company to build and maintain an informed investor audience in both the U.S. and Canadian marketplaces.
Torrey Hills has been engaged at a rate of US$4,500 per month for an initial term of four months. After the initial term, the agreement will be automatically extended, subject to a 30-day termination notice by either party. The Company has also agreed to a one-time grant of 175,000 incentive stock options (the "Options") exercisable at a price of C$0.22 per share for a period of three years, of which 25% will vest at the three-month anniversary of the engagement, with an additional 25% vesting each three months thereafter. The Options will be subject to the terms of the Company's stock option plan and will vest in accordance with the provisions therein and the policies of the TSXV.
Torrey Hills currently has no direct or indirect interest in the securities of the Company, or any right or intent to acquire such an interest except pursuant to the exercise of the above referenced Options.
The appointment of Torrey Hills as an investor relations consultant of the Company remains subject to regulatory acceptance of applicable filings with the TSXV.
Stock options have been granted to Global Ore as incentive stock options for their role as consultants to the Company. A total of 270,000 stock options have been granted, exercisable for a period of three years at a price per share that is the higher of the closing market price of the Company’s common shares on February 11, 2026 and the closing price on the date of this news release. GlobalOre may elect to have the stock options issued to an entity controlled by its principals. The stock options will be subject to the terms of the Company's stock option plan and will vest in accordance with the provisions therein and the policies of the TSXV. For further information regarding Global Ore’s appointment as consultants to Tribeca Resources, please refer to the Company’s news release dated December 15, 2025.
All scientific and technical information in this press release has been prepared by, or approved by, Dr. Paul Gow, who is the CEO of Tribeca Resources. He is a Member of the Australian Institute of Geoscientists (MAIG), a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr. Gow has not verified any of the information regarding any of the properties or projects referred to herein other than the La Higuera IOCG Project, the Jiguata Property and the Chiricuto property. Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on the La Higuera IOCG Project, the Jiguata Property and the Chiricuto property.
Tribeca Resources is a portfolio-driven copper explorer focused on northern Chile. Led by a team with a track-record of discovery and significant equity ownership, Tribeca Resources’ objective is to discover the mineral resources for the next generation of copper mines in Chile.
Tribeca Resources’ flagship La Higuera IOCG Project has seen approximately 10,000m of drilling with mineralization defined over a 1.4 kilometer strike length. Most of the La Higuera IOCG Project is held as 100%-owned properties, but with the properties overlying the Gaby target held under a purchase option agreement. The Chiricuto and Jiguata projects are earlier stage porphyry copper-gold-molybdenum targets, held under purchase option agreements.
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSXV nor its Regulation Service Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include statements regarding the relationship between alteration identified in geological mapping and potential mineralization, the interpretations of preliminary exploration data, the relationship between geophysical and geochemical survey results and potential mineralization, the size and timing of the proposed 2026 drill programs, the integration of new and historic data to define drill targets, the anticipated completion of field activities and commencement of drilling (including the potential for weather-related delays), the ongoing engagement of GlobalOre and its impact on exploration outcomes, the use of proceeds from recently completed financings, the ability to secure and maintain necessary permits and approvals and the operations and future plans of the Company, including potential additional drilling and property acquisitions.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the ability of the
Company to pay the purchase price and make any other payments required under the Jiguata Option Agreement, as well as to complete its option to acquire the Gaby target, risks associated with mineral exploration, including the risk that actual results of exploration will be different from those expected by management, risks related to the uncertainty of preliminary exploration data, risks of delays or interruptions to exploration activities due to weather, logistical or access issues, risks related to obtaining and maintaining necessary permits and approvals, risks related to the availability and retention of key personnel, the ability to raise additional capital, fluctuations in commodity prices and market conditions, the reliability of historic or third-party data, unanticipated costs or environmental liabilities and the risk that new laws or regulations could adversely affect the business and results of operations of the Company and anticipated work on the Company’s projects.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
JANUARY 12, 2026 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources”, the “Company”), is pleased to announce the voting results from its Annual General Meeting of shareholders (the "Meeting") held on January 9, 2026. Shareholders holding 47,059,641 shares or 48.30% of the outstanding shares of the Company were represented in person or by proxy at the Meeting.
The shareholders re-elected Paul Gow, Thomas Schmidt, Nick DeMare, Luis Tondo and Derrick Weyrauch as directors of the Company.
The shareholders also voted in favour of all matters brought before the Meeting including the re-appointment of D&H Group LLP as auditor of the Company for the ensuing year and the continuation of the Company’s rolling 10% equity incentive plan (the "Incentive Plan"). Pursuant to the Incentive Plan, the Company is entitled to grant stock options, restricted share units, performance share units or deferred share units to eligible persons under the Incentive Plan, with the number of common shares issuable thereunder, together with the number of common shares issuable under any other security-based compensation arrangements of the Company, not to exceed 10% of the total number of common shares outstanding from time to time.
Following the Meeting, the directors appointed Paul Gow as Chief Executive Officer of the Company, Thomas Schmidt as President and Nick DeMare as Chief Financial Officer and Corporate Secretary. The Board also appointed Luis Tondo, Derrick Weyrauch and Thomas Schmidt to the audit committee.
Tribeca Resources is a copper exploration company focused on discovering and developing assets in the coastal IOCG belt of northern Chile. The Company’s management team, whose members are significant shareholders of the Company, has world-leading expertise and a discovery history with iron oxide copper-gold deposits in the world’s great IOCG Belts of the Carajás district in Brazil and the Gawler and Cloncurry provinces of Australia.
Tribeca Resources’ objective is to provide the mineral resources for the next generation of copper mines in Chile. It is focused on building a portfolio of projects, with emphasis on mid to advanced-stage copper exploration and resource development projects. To this end, mineral targets are regularly assessed in pursuit of acquisition, strategic exploration and significant discovery.
Tribeca Resources’ portfolio comprises three early- to advanced-stage exploration projects in northern Chile. The flagship La Higuera IOCG Project has seen approximately 10,000m of drilling with mineralization defined over a 1.4 kilometer strike length. The Chiricuto and Jiguata projects are earlier stage porphyry copper-gold-molybdenum targets, held under purchase option agreements
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
15 DECEMBER, 2025 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources”, the “Company”) is pleased to report that fieldwork has commenced on the Company’s Jiguata property in the Tarapacá region of northern Chile (the “Jiguata Property”). This follows the recent signing of a 5-year purchase option agreement (the “Jiguata Option Agreement”) and successful completion of a C$6.5 million financing as more fully described in the Company’s news releases dated October 29, 2025 and October 23, 2025, respectively.
“Following signing of the definitive purchase option agreement in late October, Tribeca Resources, has now mobilised field teams to the Jiguata porphyry copper-molybdenum property in northern Chile. An intensive phase of surface data acquisition over the coming months, in order to build a comprehensive geological, geochemical and geophysical picture of this very large alteration system, is now underway. We are optimistic that some compelling drill targets will emerge from this work, which we look forward to drill testing later in 2026. “
“At our cornerstone La Higuera IOCG Project in the coastal IOCG belt, we are planning to initially drill the Chirsposo Sur Target in Q1 2026. This target is entirely covered by shallow gravels, has not previously been drilled by Tribeca Resources, and has a geophysical footprint with strong similarities to our Gaby IOCG discovery, four kilometers to the north. The objective at the Chirsposo Sur Target is to intersect similar breccia-hosted copper-gold mineralization to that encountered over significant widths at Gaby.”
The Jiguata Property is a 10,000 hectare property located in the Tarapacá region in northern Chile. It is situated in the northern extension of the prolific Eocene-Oligocene porphyry copper belt of northern Chile, approximately 120km north of the Collahuasi and Quebrada Blanca copper-molybdenum deposits (Figure 1). Access to the area is via a maintained road that passes directly through the property.
Pre-existing geological mapping, soil and rock geochemistry, IP surveying and limited historic drill data outline several drill targets, with additional earlier stage targets elsewhere on the property remaining to be detailed with the additional field work currently underway. Further information about the property is available in Tribeca Resources’ news release dated June 19, 2025.
Field teams have commenced geological mapping and systematic soil and mapping-based selective rock chip sampling programs. The sampling is proposed to provide a comprehensive multielement geochemistry and hyperspectral database to aid in definition of vectors to copper mineralization within the extensive zones of intense epithermal alteration present in the area. In addition, acquisition and processing of detailed satellite hyperspectral imagery is underway to assist in detailing mineralogical zonation within the large alteration system.
Global Ore Discovery Pty Ltd (“GO”), a highly experienced geological consultancy, has been engaged to deliver expert guidance on exploration activities and drill targeting at the Jiguata Property. The GO team has experience working with companies exploring for porphyry and epithermal deposits, including Tier 1 mining companies and successful junior mining issuers throughout the world.
GO and its principals have extensive experience in many of the world’s premier porphyry and epithermal belts in the Americas, Australasia, and Central Asia where GO has a track record of directly contributing to a number of new discoveries and expanding deposit knowledge to guide focused exploration. Within the Chilean-Argentine porphyry and epithermal belts, GO has detailed knowledge of the Maricunga, Vicuña, Domeyko, and Alumbrera-Agua Rica districts.
Ground magnetic surveying is currently scheduled for commencement in the second half of December. The program will cover most of the 10,000-hectare property area at approximately 200m line spacing.
The historic IP geophysical database has been reprocessed. The historic surveying in 2013 comprised 1km-spaced lines of 8km length (150m pole-dipole) to cover approximately 40 square kilometres. A 3D inversion of this data has been completed and has more confidently constrained the location of the significant IP chargeability anomalies in the area, as well as providing a coherent model of the IP resistivity distribution. This 3D model will be integrated with the mapping, geochemistry and magnetic data as field acquisition progresses.
The data acquisition from the field activities outlined above is anticipated to continue through the period December 2025 to March 2026, with the time required dependent on the duration of any interruptions required due to adverse weather associated with the ‘Bolivian Winter’. Following this ground acquisition, data will be integrated and drill targets defined. Depending on progress of these pre-drilling field activities, drill testing of targets is envisaged to be undertaken in Q2 or Q3 of 2026.

The La Higuera project is located towards the southern end of the Chilean coastal iron-oxide copper-gold (“IOCG”) belt in the Coquimbo Region of Chile, and comprises 41 mining and five exploration licences for 4,547 hectares (the “La Higuera IOCG Project”). It hosts multiple copper-gold targets, two of which have to date been drilled by Tribeca Resources. At the Gaby target, Tribeca Resources has drilled 17 holes, with mineralization identified over a 1.5km strike length, with a best intersection of 268m @ 0.66% Cu, 0.14 g/t Au, 330ppm Co and 24.7% Fe from 52m in drill hole GBY001 (see Tribeca Resources’ news release dated January 30, 2023). Drilling has also been completed at the Chirsposo target, with a best result from two drill holes of 167m @ 0.21% Cu, 0.06 g/t Au from 56m in hole CHS002 (see Tribeca Resources’ news release dated May 17, 2023) (the “Chirsposo Sur Target”).
Drilling has been planned at the Chirsposo Sur Target, which is an interpreted strong hydrothermal magnetite alteration system under thin gravel cover in the southern project area. Inversion of the ground magnetic data indicates the system comprises a steeply-dipping north-south oriented magnetite alteration system of 1.2 km strike length. It is interpreted as hosted within a strand of the Atacama Fault System, which is intensely-developed in this area and cross-cut by several northwest-trending faults. The interpreted body is also coincident with an intense (>30 mV/V) north-south IP chargeability trend that stretches over 2.4km, with the main Chirsposo Sur Target at its northern end where Tribeca Resources drilled significant mineralization (see above). The program is proposed to comprise three holes over the 1.2 km strike length of the most intense magnetic body for a total of approximately 1000m of drilling. Plans for further drilling at the Gaby discovery thereafter are being drawn up.
Two historic vertical diamond holes at the Chirsposo Sur Target, drilled approximately 200m to the west of the body intersected IOCG-style alteration with weak copper mineralisation (8m @ 0.23% Cu from 38m in hole CB-02), and demonstrate strong magnetite alteration with a coarse-grained pyrite-dominated sulphide assemblage similar to the late-stage Association 2 mineralization at the Gaby discovery 4 km to the north (see Tribeca Resources’ news release dated February 6, 2024).

All scientific and technical information in this press release has been prepared by, or approved by, Dr. Paul Gow, who is the CEO of Tribeca Resources. He is a Member of the Australian Institute of Geoscientists (MAIG), a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr. Gow has not verified any of the information regarding any of the properties or projects referred to herein other than the La Higuera IOCG Project, the Jiguata Property and the Chiricuto property. Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on the La Higuera IOCG Project, the Jiguata Property and the Chiricuto property.
Tribeca Resources is a copper exploration company focused on discovering and developing assets in the coastal IOCG belt of northern Chile. The Company’s management team, whose members are significant shareholders of the Company, has world-leading expertise and a discovery history with iron oxide copper-gold deposits in the world’s great IOCG Belts of the Carajás district in Brazil and the Gawler and Cloncurry provinces of Australia.
Tribeca Resources’ objective is to provide the mineral resources for the next generation of copper mines in Chile. It is focused on building a portfolio of projects, with emphasis on mid to advanced-stage copper exploration and resource development projects. To this end, mineral targets are regularly assessed in pursuit of acquisition, strategic exploration and significant discovery.
Tribeca Resources’ portfolio comprises three early- to advanced-stage exploration projects in northern Chile. The flagship La Higuera IOCG Project has seen approximately 10,000m of drilling with mineralization defined over a 1.4 kilometer strike length. The Chiricuto and Jiguata projects are earlier stage porphyry copper-gold-molybdenum targets, held under purchase option agreements.
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include statements regarding the relationship between geophysical and geochemical survey results and potential mineralization, the size and timing of the proposed 2026 drill programs, the integration of new and historic data to define drill targets, the anticipated commencement and completion of ground magnetic surveying and other field activities (including the potential for weather-related delays), the ongoing engagement of GO and its impact on exploration outcomes, the use of proceeds from recently completed financings, the ability to secure and maintain necessary permits and approvals and the operations and future plans of the Company, including potential additional drilling and property acquisitions.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the ability of the Company to pay the purchase price and make any other payments required under the Jiguata Option Agreement, as well as to complete its option to acquire the Gaby target, risks associated with mineral exploration, including the risk that actual results of exploration will be different from those expected by management, risks of delays or interruptions to exploration activities due to weather, logistical or access issues, risks related to obtaining and maintaining necessary permits and approvals, risks related to the availability and retention of key personnel, the ability to raise additional capital, fluctuations in commodity prices and market conditions, the reliability of historic or third-party data, unanticipated costs or environmental liabilities and the risk that new laws or regulations could adversely affect the business and results of operations of the Company and anticipated work on the Company’s projects.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
25 NOVEMBER, 2025 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources”, the “Company”) announces the granting of stock options to directors and officers of the Company for the purchase of up to 1,825,000 common shares of the Company, at a price of $0.21 per share, for a period of 5 years. The options shall vest annually in equal thirds beginning on the first anniversary of the date of grant. In addition, pursuant to the Long-term Incentive Plan adopted by the Company in October 2022, the Company granted 142,858 deferred share units (“DSU”) to its independent directors.
Tribeca Resources is a copper exploration company focused on discovering and developing assets in the Coastal IOCG Belt of northern Chile. The Company’s management team, whose members are significant shareholders of the Company, has world-leading expertise and a discovery history with iron oxide copper-gold deposits in the world’s great IOCG Belts of the Carajás district in Brazil and the Gawler and Cloncurry provinces of Australia.
Tribeca Resources’ objective is to provide the mineral resources for the next generation of copper mines in Chile. It is focused on building a portfolio of projects, with emphasis on mid to advanced-stage copper exploration and resource development projects. To this end, mineral targets are regularly assessed in pursuit of acquisition, strategic exploration and significant discovery.
Tribeca Resources’ flagship property is the La Higuera Property that comprises 4,147 hectares of granted mining and exploration licences and is located towards the southern end of the Chilean Coastal IOCG Belt in the Coquimbo Region of northern Chile. Further information about the project can be found in the NI 43-101 Technical Report lodged by Tribeca Resources on SEDAR on 24 October 2022. The company holds options to acquire two further properties; the Chiricuto project located in the Atacama region and the Jiguata porphyry copper property located in the Tarapacá region, both in northern Chile.
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include statements regarding the future plans and objectives of the Company, including exploration projects.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others,: the ability of the Company to obtain TSX Venture Exchange approval of the Agreement, the ability of the Company to pay the purchase price as well as any other payments required by the Agreement, risks associated with mineral exploration, including the risk that actual results of exploration will be different from those expected by management, and the risk that new laws or regulations could adversely affect the business and results of operations of the Company and anticipated work on the Company’s projects.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
29 OCTOBER, 2025 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources” or the “Company”) is pleased to announce that, further to the Company's news release dated June 19, 2025, it has entered into a definitive option agreement dated October 28, 2025 (“Option Agreement”) with private arm’s length vendors (the “Project Vendors”) to acquire a 100% interest in the 10,000 hectare Jiguata Porphyry Copper property (the “Jiguata Property”) over a period of 5 years (the “Purchase Option”).
The Jiguata Property, located in northern Chile, 120km north of the major mining company controlled Collahuasi and Quebrada Blanca mines (Figure 1), will be progressed in parallel with the Company’s two existing projects: La Higuera (the “La Higuera Property”) and Chiricuto (the “Chiricuto Property”), both located in the Chilean Coastal IOCG Belt.
“We are very pleased to have now signed the definitive Option Agreement for this exciting porphyry copper exploration opportunity at Jiguata. Following the successful financing last week, preparations now are underway to commence fieldwork at Jiguata in the coming weeks.”
“The next twelve months will be a period of high activity for Tribeca, with drilling planned at our cornerstone La Higuera Property as well as at the Jiguata Property. Our now expanded portfolio of three high potential Chilean copper projects positions Tribeca Resources to capitalise on growing interest in quality copper exploration.”
Tribeca has entered into a 5-year Option Agreement, giving it the right, but not the obligation, to acquire a 100% interest in the Jiguata Property. Tribeca has made a payment to the vendors of US$25,000 in connection with signing of the definitive Option Agreement, and will reimburse the Project Vendors approximately US$44,000 for the 2025 licence fee already paid by them. Under the terms of the Option Agreement, the total consideration and required work commitments, as applicable, will be as follows on a yearly basis:

Upon exercise of the Purchase Option (which remains at the sole discretion of the Company), the Project Vendors will retain a 2.0% net smelter return royalty (the “NSR Royalty”) over the Jiguata Property. Tribeca will have a right to repurchase 100% of the NSR royalty for US$20 million.
For more information regarding the terms of the Option Agreement, please see the Company’s press release dated June 19, 2025.
The Jiguata Property (see Figure 1 below) comprises 34 exploration concessions covering 10,000 hectares and is located in the northern extension of the Eocene-Oligocene metallogenic belt of northern Chile (Figure 1), where it has been overprinted by the Miocene magmatic belt. The prolific Eocene-Oligocene Belt hosts the giant Collahuasi, Chuquicamata and Escondida deposits.
The project area encompasses a large advanced argillic alteration zone (25 square km) hosted within a volcanic tuffaceous unit under a thin blanketing cover of fresh unaltered Miocene dacitic volcanic rocks dated at approximately 9-5 Ma. The alteration zone has been exposed via erosional windows in the overlying Miocene volcanic rocks.
Tribeca Resources plans to extend the historic mapping and surface sampling and undertake additional geophysics prior to proceeding with drilling at the Jiguata Property. Tribeca Resources will be the operator of the project.

Tribeca confirms that there are no finder’s fees payable in connection with the entering into of the Option Agreement. The Company’s entry into the Option Agreement and any future acquisition within the Jiguata Property remains subject to the approval of the TSX Venture Exchange (the “TSXV”).
Finder’s Fee in Connection with the Company’s Non-Brokered Private Placement Offering
In connection with the closing of the Company’s non-brokered private placement offering of units further described in its news release dated October 23, 2025 (the “Offering”), the Company previously announced that it had paid an aggregate of approximately $248,694 and issued finder’s warrants to acquire up to an aggregate of 1,184,257 common shares of the Company (the “Finder’s Warrants”) as finder’s fees to certain eligible finders in consideration for introducing certain purchasers to the Company. The Company wishes to clarify that it has also paid an additional $3,717 and issued an additional 17,700 Finder’s Warrants as finder’s fees to certain eligible finders. As a result, the Company paid an aggregate of approximately $252,411 and issued an aggregate of 1,201,957 Finder’s Warrants to eligible finders in connection with the Offering.
Qualified Person
All scientific and technical information in this press release has been prepared by, or approved by, Dr. Paul Gow, who is the CEO of Tribeca Resources. He is a Member of the Australian Institute of Geoscientists (MAIG), a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and a qualified person for the purposes of NI 43-101. Dr. Gow has not verified any of the information regarding any of the properties or projects referred to herein other than the La Higuera Property, the Chiricuto Property and the Jiguata Property. Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on the La Higuera, Chiricuto or Jiguata Properties.
About Tribeca Resources
Tribeca Resources is a copper exploration company focused on discovering and developing assets in the Coastal IOCG Belt of northern Chile. The Company’s management team, whose members are significant shareholders of the Company, has world-leading expertise and a discovery history with iron oxide copper-gold deposits in the world’s great IOCG Belts of the Carajás district in Brazil and the Gawler and Cloncurry provinces of Australia.
Tribeca Resources’ objective is to provide the mineral resources for the next generation of copper mines in Chile. It is focused on building a portfolio of projects, with emphasis on mid to advanced-stage copper exploration and resource development projects. To this end, mineral targets are regularly assessed in pursuit of acquisition, strategic exploration and significant discovery.
Tribeca Resources’ flagship property is the La Higuera Property that comprises 4,147 hectares of granted mining and exploration licences and is located towards the southern end of the Chilean Coastal IOCG Belt in the Coquimbo Region of northern Chile. Further information about the project can be found in the NI 43-101 Technical Report lodged by Tribeca Resources on SEDAR on 24 October 2022.
On behalf of Tribeca Resources Corporation
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Cautionary Note
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
Forward Looking Information
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information contained in this press release include statements regarding the Option Agreement in respect of the Jiguata Property, the ability to obtain TSXV approval in respect of the Option Agreement and the Offering, the ability of the Company to develop and define suitable drill targets at the Jiguata and La Higuera Properties, the relationship between geophysical survey results and potential mineralization, the ability of the Company to raise appropriate funding to complete the work program at the Jiguata and La Higuera Properties and other future plans and objectives of the Company, including other exploration projects.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others,: the ability of the Company to obtain TSXV approval in respect of the Option Agreement and the Offering, the ability of the Company to pay the purchase price as well as any other payments required by the Option Agreement, the risks associated with mineral exploration, including the risk that actual results of exploration will be different from those expected by management, and the risk that new laws or regulations could adversely affect the business and results of operations of the Company and the anticipated work performed on the Company’s projects.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
23 OCTOBER, 2025 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement offering of units of the Company (“Units”), pursuant to which the Company issued 30,903,183 Units at a price of $0.21 per Unit for aggregate gross proceeds of $6,489,668.43 (the “Offering”).
Tribeca Resources CEO, Dr. Paul Gow commented:
"The overwhelming and global interest, which led to a significant oversubscription of this Offering, is a strong validation of our growth strategy and the exceptional potential of our growing portfolio of Chilean copper exploration assets. As well as strong support from our current shareholder base, we are extremely pleased to welcome a diverse, international group of new shareholders who share our vision for the Company.
“Closing this financing with such momentum puts us in an excellent position to pursue aggressive exploration and drilling programs with the objective of delivering for all stakeholders.”
Each Unit comprises one common share of the Company (each, a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable by the holder thereof to acquire one additional Share (each, a “Warrant Share”, and together with the Units, Shares and Warrants, the “Securities") at an exercise price of $0.30 if exercised within the first 12 months following the Closing Date and $0.40 if exercised within the subsequent 12-month period, for a total exercise period of 24 months from the Closing Date; provided that: (i) the Warrants shall not be exercisable within the initial 60-day period following the Closing Date, and (ii) the Company will have the right to accelerate the expiry of the Warrants in the event the Shares trade on the TSX Venture Exchange (the “TSXV”) (or any such other stock exchange in Canada as the Shares may trade at the applicable time) at a volume weighted average trading price ("VWAP") of $0.50 or more per Share for a ten (10) consecutive trading day period.
The Units issued under the Offering were offered to purchasers pursuant to the listed issuer financing exemption (LIFE) under Part 5A of National Instrument 45-106 – Prospectus Exemptions and in reliance on Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption and therefore the Securities issued under the Offering are not subject to a hold period pursuant to applicable Canadian securities laws. There is an amended and restated offering document (the “Offering Document”) related to this Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.tribecaresources.com.
The proceeds from the Offering will be primarily used to advance the Company’s La Higuera IOCG project (the “La Higuera Project”), with additional funds allocated to the planned initial exploration and drilling activities at the exciting new Jiguata Project. The Jiguata Purchase Option (as defined below) remains under review by the TSXV and there is no certainty that the Company will obtain the necessary regulatory approvals, including approval of the TSXV, in respect of the Jiguata Purchase Option.
Tribeca Resources intends to use the net proceeds from the Offering as follows:
| Description of intended use of
available funds |
Estimated allocation of funds |
| Expenditures relating to exploration activities at the La Higuera Project(1) | $1,868,000 |
| Exploration activities at the Jiguata project (the “Jiguata Project”)(2) | $1,573,000 |
| Reserved for results-dependent follow-up drilling at the La Higuera Project / the Jiguata Project(2) | $1,331,000 |
| Business development | $181,000 |
| General and administrative | $894,000 |
| Unallocated working capital | $382,000 |
| TOTAL: | $6,229,000 |
(1) The Company does not currently intend to use the available funds to complete its option to acquire the Gaby target, as more fully described in the Offering Document (the “Gaby Acquisition”). Any decision to pursue the Gaby Acquisition is at the Company’s sole discretion and will require the Company to make a final one-time payment of US$1,550,000.00 on September 15, 2026 (the “Gaby Option Payment Date”) subject to (i) any further negotiation between the Company and the vendor party participating in the Gaby Acquisition (the “Vendor”) for the purpose of extending the Gaby Option Payment Date; and (ii) the Company obtaining additional financing (in addition to the Offering) to complete the Gaby Acquisition. The Vendor is not an insider, associate or affiliate of the Company.
(2) The Company only intends to use the part of the available funds as detailed above for exploration activities at the Jiguata Project if it obtains the necessary regulatory approvals, including approval of the TSXV, to enter into the option to purchase 100% of the Jiguata Project (the “Jiguata Purchase Option”), as more particularly set forth in the Offering Document. In the event that the Company does not obtain all necessary regulatory approvals or approval from the TSXV, the Company will use certain proceeds currently contemplated for the Jiguata Project for other purposes as set out herein and in the Offering Document. The Jiguata Purchase Option remains under review by the TSXV and there is no certainty that the Company will obtain the necessary regulatory approvals, including approval of the TSXV, in respect of the Jiguata Purchase Option. The Company confirms that it has obtained and retained all required consents from purchasers in the Offering in respect of the Jiguata Purchase Option.
In connection with the Offering, the Company paid an aggregate of approximately $248,694 and issued finder’s warrants to acquire up to an aggregate of 1,184,257 Shares (the “Finder’s Warrants”) as finder's fees to certain eligible finders in consideration for introducing certain purchasers to the Company. Each Finder’s Warrant entitles the holder to acquire one Share at a price of $0.21 per Share for a period of twenty-four months. The Finder’s Warrants, and Shares issuable upon exercise of the Finder’s Warrants, are subject to a statutory four-month hold period pursuant to applicable Canadian securities laws.
The Offering remains subject to the final approval of the TSXV.
Certain insiders of the Company subscribed for approximately $936,046 worth of Units in the Offering. This participation by insiders constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Shareholders in Special Transactions (“MI 61-101”). The Company has relied on applicable exemptions from the formal valuation and minority approval requirements in Sections 5.5(a), 5.5(b) and 5.7(1)(a), respectively, of MI 61-101. No new insiders were created, nor has there been any change of control, as a result of the Offering. The Company did not file a material change report with respect to the insiders’ participation more than 21 days before the expected closing of the Offering, as the details and amounts of the insider participation were not finalized until closer to the closing and the Company wished to close the Offering as soon as practicable for sound business reasons.
Wildeboer Dellelce LLP acted as legal counsel to Tribeca in connection with the Offering.
Tribeca Resources is a copper exploration company focused on discovering and developing copper assets in northern Chile. The Company’s management team, whose members are significant shareholders of the Company, has world-leading copper expertise including a discovery history with iron oxide copper-gold deposits in the world’s great IOCG Belts of the Carajás district in Brazil and the Gawler and Cloncurry provinces of Australia, and porphyry-copper project and business development experience in Papua New Guinea, the Philippines, Peru, Argentina and Chile.
Tribeca Resources’ objective is to provide the mineral resources for the next generation of copper mines in Chile. It is focused on building a portfolio of projects, with emphasis on mid to advanced-stage copper exploration and resource development projects. To this end, mineral targets are regularly assessed in pursuit of acquisition, strategic exploration and significant discovery.
Tribeca Resources’ flagship property is the La Higuera Project that comprises 4,147 hectares of granted mining and exploration licences and is located towards the southern end of the Chilean Coastal IOCG Belt in the Coquimbo Region of northern Chile. Further information about the project can be found in the NI 43-101 Technical Report lodged by Tribeca Resources on SEDAR+ on October 24, 2022.
Paul Gow |
Thomas Schmidt |
|
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSXV nor its Regulation Service Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The Securities issued pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information contained in this press release may include, but are not limited to, the approval of the Offering by the TSXV, the ability of the Company to obtain the necessary regulatory approvals, including TSXV approval, to enter into the Jiguata Purchase Option, and the planned use of proceeds for the Offering.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the ability to obtain regulatory approval for the Offering, the ability to obtain the necessary regulatory approvals, including TSXV approval, to enter into the Jiguata Purchase Option, the state of equity markets in Canada and other jurisdictions, market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. Additional risks and uncertainties regarding the Company are described in its publicly-available disclosure documents, filed by the Company on SEDAR+ at www.sedarplus.com.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption “Cautionary Statement Regarding Forward-Looking Information” in the Company’s Offering Document dated as of October 15, 2025, which is available for view on SEDAR+ at www.sedarplus.com.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
15 OCTOBER, 2025 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources” or the “Company”) is pleased to announce that, due to strong investor demand, it has upsized its previously announced non-brokered private placement from up to 23,809,523 units of the Company (“Units”) for aggregate gross proceeds of up to $5,000,000, to up to 30,952,380 Units for aggregate gross proceeds of up to $6,500,000, at a price of $0.21 per Unit (the “Offering”). The Offering remains subject to a minimum aggregate subscription amount of $2,000,000 (the “Minimum Offering Amount”).
Each Unit will be comprised of one common share of the Company (each, a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable by the holder thereof to acquire one additional Share (each, a “Warrant Share”, and together with the Units, Shares and Warrants, the “Securities") at an exercise price of $0.30 if exercised within the first 12 months following the Closing Date (as defined below) and $0.40 if exercised within the subsequent 12-month period, for a total exercise period of 24 months from the Closing Date; provided that: (i) the Warrants shall not be exercisable within the initial 60-day period following the Closing Date and (ii) the Company will have the right to accelerate the expiry of the Warrants in the event the Shares trade on the TSX Venture Exchange (the “TSXV”) (or any such other stock exchange in Canada as the Shares may trade at the applicable time) at a volume weighted average trading price ("VWAP") of C$0.50 or more per Share for a ten (10) consecutive trading day period.
Subject to compliance with applicable regulatory requirements, the Offering is being completed pursuant to the listed issuer financing exemption (“LIFE”) under Part 5A of National Instrument 45-106 – Prospectus Exemptions and in reliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. The Securities issued under the Offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There is an amended and restated offering document (the “Amended Offering Document”) related to this Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.tribecaresources.com. Prospective investors should read this Amended Offering Document before making an investment decision.
The Company previously announced that it intended to use some of the gross proceeds of the Offering for exploration activities at the Company’s La Higuera project (the “La Higuera Project”) and the Jiguata Project (as defined below), and for general working capital purposes. The Company wishes to clarify that the gross proceeds of the Offering will only be used for exploration activities at the Jiguata Project if it: (i) raises more than the Minimum Offering Amount; and (ii) obtains the necessary regulatory approvals, including approval of the TSXV, to enter into the option to purchase 100% of the Jiguata Project. In the event that the Company does not obtain all necessary regulatory approvals or approval from the TSXV, the Company will use certain proceeds currently contemplated for the Jiguata Project for other purposes as further set out in the Amended Offering Document. There is no certainty that the Company will raise the Minimum Offering Amount or that it will obtain the necessary regulatory approvals, including approval of the TSXV, to enter into the option to purchase 100% of the Jiguata Project.
In connection with the Offering, the Company may, at its sole discretion, pay finder's fees consisting of: (i) Shares or cash in an amount equal to up to 6% of the gross proceeds raised in respect of the Offering from subscribers introduced by such finders to the Company; and (ii) finder’s warrants in an amount equal to up to 6% of the number of Shares issued pursuant to this Offering from subscribers introduced by such finders to the Company in accordance with applicable securities laws and the policies of the TSXV.
The closing of the Offering may be completed in one or more tranches and is expected to close by October 29, 2025 (the “Closing Date”). The closing of the Offering is subject to certain closing conditions, including the approval of the TSXV.
It is anticipated that certain directors and management of the Company (“Insiders”) will participate in the Offering. The participation of any insiders may be considered a “related party transaction” within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Such insider participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a), 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on any of the specified exchanges or markets outlined in subsection 5.5(b) of MI 61-101, and the fair market value of the Securities to be distributed to the insiders will not exceed 25% of the Company's market capitalization.
As previously announced in the Tribeca Resources news releases dated June 19, 2025 and October 7, 2025, the Company signed a letter of intent (the “LOI”) to enter into an option to purchase a 100% interest in the Jiguata project, a 10,000 hectare exploration property located 120 km north of the Collahuasi copper-molybdenum mine in northern Chile (the “Jiguata Project”). The LOI was amended on August 5, 2025, and September 30, 2025, to extend the Company’s due diligence period and the deadline to execute a definitive purchase option agreement by 15 days and 30 days, respectively, resulting in a new deadline of October 31, 2025, for the Company to execute a definitive purchase option agreement. The Company is continuing to work towards finalizing a definitive purchase option agreement in respect of the Jiguata Project, which it expects to complete on or before October 31, 2025; however, there is no guarantee that the Company will enter into a definitive purchase option agreement on the terms currently contemplated by the Company, or at all. The Company’s entry into the option to purchase a 100% interest in the Jiguata Project has not been approved by the TSXV as of the date hereof.
Tribeca Resources is a copper exploration company focused on discovering and developing copper assets in northern Chile. The Company’s management team, whose members are significant shareholders of the Company, has world-leading copper expertise including a discovery history with iron oxide copper-gold deposits in the world’s great IOCG Belts of the Carajás district in Brazil and the Gawler and Cloncurry provinces of Australia, and porphyry-copper project and business development experience in Papua New Guinea, the Philippines, Peru, Argentina and Chile.
Tribeca Resources’ objective is to provide the mineral resources for the next generation of copper mines in Chile. It is focused on building a portfolio of projects, with emphasis on mid to advanced-stage copper exploration and resource development projects. To this end, mineral targets are regularly assessed in pursuit of acquisition, strategic exploration and significant discovery.
Tribeca Resources’ flagship property is the La Higuera Project that comprises 4,147 hectares of granted mining and exploration licences and is located towards the southern end of the Chilean Coastal IOCG Belt in the Coquimbo Region of northern Chile. Further information about the project can be found in the NI 43-101 Technical Report lodged by Tribeca Resources on SEDAR+ on October 24, 2022.
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSXV nor its Regulation Service Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information contained in this press release may include, but are not limited to, the terms and completion of the Offering, the ability to raise the minimum and maximum amounts of the Offering, the payment of finder’s fees and issuance of finder’s securities, the anticipated Closing Date and the planned use of proceeds for the Offering.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the ability to obtain regulatory approval for the Offering, the state of equity markets in Canada and other jurisdictions, market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. Additional risks and uncertainties regarding the Company are described in its publicly-available disclosure documents, filed by the Company on SEDAR+ at www.sedarplus.com.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption “Cautionary Statement Regarding Forward-Looking Information” in the Company’s Amended Offering Document dated as of the date hereof, which is available for view on SEDAR+ at www.sedarplus.com.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
7 OCTOBER, 2025 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement of up to 23,809,523 units of the Company (“Units”) at a price of $0.21 per Unit, for aggregate gross proceeds of up to $5,000,000 (the “Offering”). The Offering is subject to a minimum aggregate subscription amount of $2,000,000.
Each Unit will be comprised of one common share of the Company (each, a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable by the holder thereof to acquire one additional Share (each, a “Warrant Share”, and together with the Units, Shares and Warrants, the “Securities") at an exercise price of $0.30 if exercised within the first 12 months following the Closing Date (as defined below) and $0.40 if exercised within the subsequent 12-month period, for a total exercise period of 24 months from the Closing Date; provided that: (i) the Warrants shall not be exercisable within the initial 60-day period following the Closing Date and (ii) the Company will have the right to accelerate the expiry of the Warrants in the event the Shares trade on the TSX Venture Exchange (the “TSXV”) (or any such other stock exchange in Canada as the Shares may trade at the applicable time) at a volume weighted average trading price ("VWAP") of C$0.50 or more per Share for a ten (10) consecutive trading day period.
Subject to compliance with applicable regulatory requirements, the Offering is being completed pursuant to the listed issuer financing exemption (“LIFE”) under Part 5A of National Instrument 45-106 – Prospectus Exemptions and in reliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. The Securities issued under the Offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document (the “Offering Document”) related to this Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.tribecaresources.com. Prospective investors should read this Offering Document before making an investment decision.
The Company intends to use the gross proceeds of the Offering for exploration activities at the Company’s La Higuera project (the “La Higuera Project”) and the Jiguata Project (as defined below), and for general working capital purposes, all as more particularly set forth in the Offering Document.
In connection with the Offering, the Company may, at its sole discretion, pay finder's fees consisting of: (i) Shares or cash in an amount equal to up to 6% of the gross proceeds raised in respect of the Offering from subscribers introduced by such finders to the Company; and (ii) finder’s warrants in an amount equal to up to 6% of the number of Shares issued pursuant to this Offering from subscribers introduced by such finders to the Company in accordance with applicable securities laws and the policies of the TSXV.
The closing of the Offering is expected to occur on or about October 29, 2025 (the “Closing Date”). The closing of the Offering is subject to certain closing conditions, including the approval of the TSXV.
It is anticipated that certain directors and management of the Company (“Insiders”) will participate in the Offering. The participation of any insiders may be considered a “related party transaction” within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Such insider participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a), 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on any of the specified exchanges or markets outlined in subsection 5.5(b) of MI 61-101, and the fair market value of the Securities to be distributed to the insiders will not exceed 25% of the Company's market capitalization.
As announced in the Tribeca Resources news release of June 19, 2025, the Company entered into a letter of intent (“LOI”) to acquire 100% of the Jiguata porphyry copper project (the “Jiguata Project”) located in Chile. The deadline for entering into a definitive agreement for the acquisition has been extended to October 31, 2025.
Tribeca Resources is a copper exploration company focused on discovering and developing copper assets in northern Chile. The Company’s management team, whose members are significant shareholders of the Company, has world-leading copper expertise including a discovery history with iron oxide copper-gold deposits in the world’s great IOCG Belts of the Carajás district in Brazil and the Gawler and Cloncurry provinces of Australia, and porphyry-copper project and business development experience in Papua New Guinea, the Philippines, Peru, Argentina and Chile.
Tribeca Resources’ objective is to provide the mineral resources for the next generation of copper mines in Chile. It is focused on building a portfolio of projects, with emphasis on mid to advanced-stage copper exploration and resource development projects. To this end, mineral targets are regularly assessed in pursuit of acquisition, strategic exploration and significant discovery.
Tribeca Resources’ flagship property is the La Higuera Project that comprises 4,147 hectares of granted mining and exploration licences and is located towards the southern end of the Chilean Coastal IOCG Belt in the Coquimbo Region of northern Chile. Further information about the project can be found in the NI 43-101 Technical Report lodged by Tribeca Resources on SEDAR+ on October 24, 2022.
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSXV nor its Regulation Service Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information contained in this press release may include, but are not limited to, the terms and completion of the Offering, the ability to raise the minimum and maximum amounts of the Offering, the payment of finder’s fees and issuance of finder’s securities, the anticipated Closing Date and the planned use of proceeds for the Offering.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the ability to obtain regulatory approval for the Offering, the state of equity markets in Canada and other jurisdictions, market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. Additional risks and uncertainties regarding the Company are described in its publicly-available disclosure documents, filed by the Company on SEDAR+ at www.sedarplus.com.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption “Cautionary Statement Regarding Forward-Looking Information” in the Company’s Offering Document dated as of the date hereof, which is available for view on SEDAR+ at www.sedarplus.com.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
19 JUNE, 2025 | VANCOUVER, BC
Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources”, the “Company”) is pleased to announce it has entered into a letter of intent (“the LOI”) with private vendors (the “Project Vendors”) to acquire a 100% interest in a 10,000 hectare property (the “Jiguata Property”) over a period of 5 years. The Jiguata property, located in northern Chile, 120km north of the major mining company controlled Collahuasi and Quebrada Blanca mines (Figure 1), will be progressed in parallel with the Company’s two existing projects: La Higuera and Chiricuto.
Tribeca Resources CEO, Dr. Paul Gow commented:
“We are delighted to be acquiring this significant landholding of 10,000 hectares, which hosts two near drill-ready targets, and extensive blue sky potential that has only been lightly explored. This is an extensive alteration system in northern Chile, a district that hosts truly world-class porphyry copper deposits. The system is exposed through an erosional window in the thin overlying younger Miocene volcanics, whose presence is part of the reason, we believe, that this part of the northern extension of the Chilean Eocene-Oligocene Belt has not been adequately explored. While the project is at an altitude of approximately 4400m, the excellent access and infrastructure and the relatively benign winter at this far northern latitude makes for exploration access much of the year.”
“The pre-existing geoscience database at the project fits with the Tribeca strategy of seeking projects with recognised indications of a potential mineralized system and a well populated database so that drill targets can be firmed up in short order. We look forward to working from this LOI to complete the acquisition over the coming months and commence fieldwork.”

The Jiguata Property
Highlights
The Jiguata Property is located in the northern extension of the Eocene-Oligocene metallogenic belt of northern Chile (Figure 1), where it has been overprinted by the Miocene magmatic belt. The prolific Eocene-Oligocene Belt hosts the giant Collahuasi, Chuquicamata and Escondida deposits, while the Miocene Belt, further to the south, hosts many of the current crop of high-profile Chilean-Argentine porphyry copper projects including Filo del Sol, Valeriano, Encierro and Altar.
The project area encompasses a large advanced argillic alteration zone (25 square km) hosted within a volcanic tuffaceous unit under a thin blanketing cover of fresh unaltered Miocene dacitic volcanic rocks dated at approximately 9-5 Ma (Figure 2). The alteration zone has been exposed via an erosional window in the overlying Miocene volcanic rocks. The age of the tuffaceous unit hosting the alteration is unknown age but likely Eocene-Oligocene or Miocene. Within the alteration zone, previously unmapped feldspar-biotite-(hornblende) bearing porphyritic units are recognised. The alteration zone is representative of a lithocap and dominated by epithermal mineralogy and textures (e.g. extensive quartz-alunite alteration and the presence of steam-heated, chalcedonic silica and quartz ledges), although porphyry-style veins are present at surface and propylitic alteration and quartz stockwork is recorded from shallow historic drilling. The historic drilling comprised two reverse circulation (RC) drill holes that were completed in 1993 to depths of 250m and 300m. The drill holes appear to have been targeted at silica ‘ledges’ within a large soil molybdenum anomaly (to 867ppm Mo in soils) in the incised valley. Highly anomalous Mo was recorded in the drill holes (e.g. 248m @ 255ppm Mo in drill hole 3546), with copper above background at 250 ppm. Various copper or molybdenum sulphide minerals have been reported from the drilling, including chalcopyrite, bornite, chalcocite and molybdenite.

IP surveying was completed on six one kilometer-spaced lines over part of the project area in 2014, delineating two large chargeability anomalies which coalesce to form a zone of 1.5km x 5km at >20 mV/V (Figure 3), with associated high- and low-resistivity zones, which comprise high-priority near-term drill targets.
The project area is traversed by an existing good quality maintained road (97-B) which is partly asphalted, allowing for rapid access within 3 ½ hours (220km) from the port city of Iquique via the Collahuasi access road (highway 65). The altitude in the project area generally ranges between 4200m-4600m, but the northerly latitude of the project provides only short interruptions to access for exploration activities, with a variably short snow season in July-August and a rainy period (“Bolivian winter”) in January-February. Other companies holding exploration tenure in the general area include, Vale, Codelco, BHP, Teck, Glencore and Antofagasta Minerals.
Tribeca Resources plans to undertake further mapping, surface sampling and additional geophysics prior to proceeding with drilling at the Jiguata Property.

The key terms under which Tribeca Resources has the right, but not the obligation, to acquire a 100% interest in the Jiguata Property (the "Purchase Option”) are as follows:
With the exception of the reimbursement of 2025 mining licence fees (approximately US$44,000) to the Project Vendors and the US$25,000 payment on signing of a definitive agreement, all payments and work commitments are optional; Tribeca Resources will not be obliged to make any payments or complete any work should it elect not to maintain or execute the Purchase Option.
Tribeca Resources will be the operator of the project. The transaction is subject to approval of the TSX Venture Exchange.
Assay results were reported from the first three holes (CHR001 TO CHR003) at the Chiricuto project in the northern Atacama region on 7 May 2025, and included the intersection in CHR001 of a thick (>400m) interval of porphyry-style veining and alteration with a strong sulphide component and three 10-12m intervals of 0.10-0.12% copper with gold up to 0.53 g/t. Final assay results have now been received from the final two holes at Chiricuto (CHR004 and CHR005). The holes tested the weaker southern portion of the IP anomaly drilled by CHR001. Both holes intersected altered andesite and monzodiorite with lesser sulphide and copper mineralization, with the best copper-bearing intervals being:
This final data is now being integrated to understand if potential for higher grade copper mineralization exists related to the porphyry-style alteration system intersected in holes CHR001, CHR004 and CHR005.
More detailed information including drilling location maps and drill hole collar details can be found in the news release from Tribeca dated 7 May 2025.
Tribeca intends to recommence drilling at the La Higuera Project in 2H 2025. Targets have been identified from geophysical data and historic drilling under gravel cover on the flanks of the Chirsposo Sur target system, and as follow-up drilling from the 2024 Phase 2 drill program at the Gaby IOCG discovery. Further information on these proposed programs will be released as available.
All scientific and technical information in this press release has been prepared by, or approved by, Dr. Paul Gow, who is the CEO of Tribeca Resources. He is a Member of the Australian Institute of Geoscientists (MAIG), a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and a qualified person for the purposes of NI 43-101. Dr. Gow has not verified any of the information regarding any of the properties or projects referred to herein other than the La Higuera Property, the Chiricuto Property and the Jiguata Property. Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on the La Higuera, Chiricuto or Jiguata Properties.
Tribeca Resources is a copper exploration company focused on discovering and developing copper assets in northern Chile. The Company’s management team, whose members are significant shareholders of the Company, has world-leading copper expertise including a discovery history with iron oxide copper-gold deposits in the world’s great IOCG Belts of the Carajás district in Brazil and the Gawler and Cloncurry provinces of Australia, and porphyry-copper project and business development experience in Papua New Guinea, the Philippines, Peru, Argentina and Chile.
Tribeca Resources’ objective is to provide the mineral resources for the next generation of copper mines in Chile. It is focused on building a portfolio of projects, with emphasis on mid to advanced-stage copper exploration and resource development projects. To this end, mineral targets are regularly assessed in pursuit of acquisition, strategic exploration and significant discovery.
Tribeca Resources’ flagship property is the La Higuera Project that comprises 4,147 hectares of granted mining and exploration licences and is located towards the southern end of the Chilean Coastal IOCG Belt in the Coquimbo Region of northern Chile. Further information about the project can be found in the NI 43-101 Technical Report lodged by Tribeca Resources on SEDAR on 24 October 2022.
| Paul Gow | Thomas Schmidt | |
| CEO and Director | President and Director | |
| admin@tribecaresources.com | admin@tribecaresources.com | |
| +1 604 685 9316 | +1 604 685 9316 |
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include statements regarding the LOI, the transaction and the Company’s Purchase Option of the Jiguata Property, the ability of the Company to develop and define suitable drill targets at the Jiguata Property, the relationship between geophysical survey results, alteration observed at surface and in drilling and potential mineralization, the ability of the Company to raise appropriate funding to complete the work program at the Jiguata, Chiricuto and La Higuera Properties and to fund the acquisition, and other future plans and objectives of the Company, including exploration projects.
Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others,: the ability of the Company to obtain TSX Venture Exchange approval of the transaction, the ability of the Company to pay the purchase price as well as any other payments required by the LOI, risks associated with mineral exploration, including the risk that actual results of exploration will be different from those expected by management, and the risk that new laws or regulations could adversely affect the business and results of operations of the Company and anticipated work on the Company’s projects.
There are several important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: reliance on key management; changes in the credit or security markets; results of operation activities; unanticipated costs and expenses; fluctuations in commodity prices; and general market and industry conditions. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.
The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.