Current October update · English technical context

米纳斯吉拉斯州的浅部磁体稀土发现。

The combined assay compilation covers 879 holes and 7,468.8 assayed metres at the 25 September 2026 cutoff. It includes prior results and complete or partial assay coverage; it is not all-new drilling or gross physical drilling.

MAV_RC_0063 returned 30 metres from surface at 1,853 ppm MREO. Selected cumulative auger profiles include 8 metres at 2,194 ppm MREO in MAV_AD_0691 and 11 metres at 2,179 ppm MREO in MAV_AD_0639.

Reporting of the SGS bench-scale results is the next milestone, after results reconciliation and technical review. No numerical results from this programme are disclosed here. An optimised flowsheet and commercial recovery have not been established; timing and outcomes are not guaranteed.

Older translated project chapters are retained below as dated context, not as the October update. Updated technical translation is not asserted.

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Dated translated context · issued-source chapter through 8 September 2026

巴西米纳斯吉拉斯州（Minas Americas）

地表稀土矿化。深部新增证据。

Magnes Rare Earths正在推进巴西Minas Americas项目。最新化验新增139个螺旋钻孔及首批7个反循环（RC）钻孔，包括从31米起29米、TREO品位0.58%的区间。

443个已报告钻孔 · 3,628.8米化验钻探 · 2026年9月8日

Dated translated context · issued-source chapter through 8 September 2026

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443个钻孔。地表品位。深部新增证据。

新增浅部及深部钻探数据，为地质建模提供更多证据。连续性、矿产资源及具代表性的冶金性能仍需验证。

01 · 已报告证据443

已报告钻孔

化验钻探米数: 3,628.8 m. 新增139个螺旋钻孔及首批7个RC钻孔，共1,299米化验钻探。

02 · 精选结果15 m

自地表起

MAV_AD_0375：自地表15米，TREO 1.15%，MREO 2,830 ppm。

03 · 钻探结果覆盖区>3.5 km²

已报告覆盖区

位于一个已编图地质单元内，据报告面积为 >15 km².

04 · 下一步里程碑2026 · 2027

资源量与 PEA 目标

2026 年底前完成矿产资源量估算，并于 2027 年上半年完成 PEA。

05 · 投资者参与渠道TSX:NPK

OTCQX:VNPKF

2026年9月8日的披露将Magnes描述为Verde AgriTech全资拥有；未披露单独交易的Magnes证券。

勘探阶段项目。精选钻探结果不构成矿产资源量、储量或经济评价。研究时间安排反映管理层于 2026 年 6 月 16 日公布的目标，仍取决于结果及所需技术工作。

了解投资机会 Investor presentation · October 2026 (PDF, English)

从材料到应用的概念示意图，未展示中间加工步骤。这不是Magnes工艺流程图或设备照片。

Assay record through 25 September 2026

A growing record of evidence.

The combined compilation now covers 879 holes and 7,468.8 assayed metres. Follow the selected results and the next SGS bench-scale reporting milestone. Head grades are not recovered grades; the compilation includes prior results and partial assay coverage.

Apple Serena · British female AI narration · Captioned film

Current film, captions and transcript in English. Updated translations are pending review.

Information as of 4 October 2026 · Assay cutoff 25 September 2026 · Based on the approved release published 6 October 2026. Exploration-stage project; no resource, reserve or commercial recovery is established.

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