Inflection Resources Acquires Significant Australian Copper-Gold Portfolio from Newmont

VANCOUVER, British Columbia – June 16, 2025 – Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) (“Inflection” or the “Company”) today announced a pivotal strategic move, entering into a definitive agreement dated June 13, 2025, to acquire a 100% interest in a promising portfolio of Australian copper-gold exploration projects. These projects, located in the highly prospective regions of New South Wales and the Northern Territory, are being acquired from subsidiaries of Newmont Corporation (“Newmont”), one of the world's leading gold producers.

This acquisition marks a significant expansion of Inflection's exploration footprint in Australia, a country renowned for its rich mineral deposits and established mining infrastructure. The acquired portfolio is strategically positioned within geological terrains known to host significant copper-gold mineralization, offering substantial potential for new discoveries.

The definitive agreement outlines the terms and conditions under which Inflection will assume full ownership of these exploration assets. While specific details regarding the individual projects within the portfolio and the financial terms of the acquisition were not immediately disclosed, the transaction is expected to significantly enhance Inflection's exploration pipeline and provide multiple new targets for future drilling programs.

Newmont's decision to divest these exploration assets aligns with its ongoing portfolio optimization strategy, focusing on core, producing assets and advanced development projects. For Inflection, this acquisition represents a unique opportunity to gain access to ground previously held by a major mining company, potentially benefiting from historical exploration data and geological insights gathered by Newmont.

The acquired projects are situated in geological provinces with demonstrated potential for large-scale porphyry copper-gold and epithermal gold deposits. New South Wales, in particular, is home to several world-class copper-gold mines, including Cadia Valley (operated by Newcrest Mining, now part of Newmont) and Northparkes (operated by CMOC). The Northern Territory also hosts significant mineral occurrences, including the Tennant Creek region, known for its high-grade gold and copper deposits.

Inflection Resources has been actively exploring in Australia, particularly in New South Wales, focusing on covered extensions of known mineral belts. This acquisition complements their existing strategy by adding new, potentially high-impact exploration targets in favorable geological settings. The Company's technical team will now undertake a comprehensive review of the acquired data and prioritize exploration activities across the new portfolio.

The successful completion of this acquisition is subject to customary closing conditions, including regulatory approvals. Upon closing, Inflection will assume responsibility for the exploration and development of these projects, aiming to unlock their full potential and create value for its shareholders.

Market Context and Implications:

The acquisition comes at a time of increasing global demand for copper, driven by the transition to renewable energy and electric vehicles. Gold continues to be a key store of value and a hedge against economic uncertainty. Exploration companies like Inflection are crucial for discovering the next generation of mineral deposits required to meet future demand. This transaction highlights the ongoing consolidation and strategic repositioning within the mining sector.

For Newmont (NEM), the divestiture of non-core exploration assets allows for a sharper focus on its producing mines and advanced projects, potentially improving operational efficiency and capital allocation. For Inflection (AUCU), the acquisition provides a significant growth opportunity, expanding its asset base and increasing its exposure to highly prospective copper-gold regions in Australia.

Investment Insights:

Investors interested in the junior mining sector and exposure to copper and gold exploration in Australia should view this acquisition as a potentially positive development for Inflection Resources. The acquisition of projects from a major like Newmont can lend credibility to the geological prospectivity of the assets. Key factors for investors to monitor include:

• Details of the Acquired Projects: Specific information on the location, historical work, and geological potential of each project in the portfolio.
• Exploration Plans and Budgets: Inflection's strategy and planned expenditures for exploring the new assets.
• Drilling Results: Success in identifying and delineating mineralization through future drilling programs will be critical.
• Funding: How Inflection plans to finance the exploration activities on the expanded portfolio.

This acquisition positions Inflection Resources for potential growth through exploration success in a favorable commodity price environment. However, as with all exploration investments, significant risks remain, and success is not guaranteed. Investors should conduct their own due diligence and consider their risk tolerance before making investment decisions.