Eagle Mountain Mining Limited provided an update on its 100% owned Oracle Ridge Copper Mine Project (Oracle Ridge, or the Project) in Arizona, USA. Assay results have been received for three drill holes and are presented below together with a limited re- assay program of selected intervals to investigate the rare earth element (REE) potential at the Project. Results were received for three additional drill holes from the Talon, comprising two expansion holes and one infill hole.

Drill hole WT-22-162 (expansion) returned three significant intersections, including: 9.94% Cu, 102g/t Ag and 3.35 g/t over 1.3m (WT-22-162) within: o 29.7m at 1.30% Cu, 14.37 g/t Ag and 0.34g/t Au from 294m 9.1m at 1.67% Cu, 14.63 g/t Ag and 0.18g/t Au from 257.1m. The above intercepts are part of a larger mineralised zone of 70.8m at 0.85% Cu, 8.87g/t Ag and 0.18g/t Au. Expansion hole WT-22-164, returned: 6.7m at 2.30% Cu, 23.40 g/t Ag and 0.25g/t Au Infill hole WT-22-163 returned: 2.3m at 1.71% Cu, 16.29g/t Ag and 0.27g/t Au.

Full-suite analyses of rare earth elements (REE) were carried out on previously assayed core that showed elevated values of lanthanum, cerium and yttrium. Average Total Rare Earth Elements (TREE) of the 38 samples submitted for analysis is 472 parts per million (ppm). As a comparison, the La Paz rare earth and scandium deposit northwest of Phoenix, Arizona has a reported JORC- Compliant Mineral Resource Estimate averaging 391 ppm TREE It should be noted that REE are on the critical elements list of the US Government and that federal funding may be available to support in-country REE projects .

Financial assistance includes support for research investigating new processing techniques to extract valuable elements from their host minerals. Skarn alteration at Oracle Ridge contains abundant garnet, a mineral with several industrial applications. Previous metallurgical floatation test work on Oracle Ridge copper mineralised material showed up to almost 15% garnet in the tails.

Grain sizes ranged from 100 to 400 µm. This size range could be used for industrial.