Resouro lodges Mining Concession Application for Novo Mundo Gold Project and Project Update

Resouro Strategic Metals Inc. ( TSXV: RSM , ASX: RAU , OTCQB: RSGOF , FSE: 8TX ) ("Resouro" or the "Company") has marked a further step in the advancement of the Novo Mundo Gold Project (“Novo Mundo”) in Mato Grosso, Brazil. Its wholly owned Brazilian subsidiary, Ison do Brasil Mineração Ltda., successfully lodged the Mining Concession Application ( Requerimento de Lavra ) for ANM Process No. 866.035/2009 on 16 July 2026 . "Lodging of the Mining Concession Application is a key regulatory step toward converting our trial mining operation at Novo Mundo into a fully licensed, long-term producing asset,” said Christopher Eager, Resouro’s Chief Executive Officer. “It reflects the steady execution of our permitting strategy in the Alta Floresta Gold Province and moves us closer to establishing Novo Mundo as a sustainable cash generator for Resouro." The area covered by ANM Process No. 866.035/2009 comprises around 930 hectares and is the subject of a trial mining operation being conducted under a Guia de Utilização, pursuant to the previously announced Binding Mining and Processing Agreement for Novo Mundo. The submission of the Mining Concession Application represents the next stage in the ANM licensing process for Novo Mundo, and once granted, will authorize long-term commercial mining of the area. It further strengthens Resouro's position as a growing gold developer with a meaningful presence in the highly prospective Alta Floresta Gold Province, one of Brazil's prolific gold-producing regions. About Resouro Strategic Metals Resouro is a Canadian mineral exploration and development company focused on the discovery and development of economic mineral projects in Brazil. Its flagship Tiros Titanium and Rare Earth Elements Project comprises 28 mineral concessions totalling 497 km 2 in the state of Minas Gerais, one of Brazil’s most infrastructurally developed states. The Tiros Project is supported by a JORC-compliant Mineral Resource Estimate and a Preliminary Economic Assessment for a starter operation. Resouro is also developing the Novo Mundo gold project , located in Mato Grosso state.