Ongwe Minerals Announces Voluntary Filing of Technical Report

Ongwe Minerals Inc. (“ Ongwe ” or “ the Company ”) ( TSXV: OGW ) ( NSX: ONG ) is pleased to announce that it has voluntarily filed a technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects "NI 43-101" for the Omatjete Gold Project located in Namibia. The technical report, titled “NI 43-101 Technical Report on the Omatjete Gold Project, Namibia”, has an effective date of May 31, 2026 and a report date of June 30, 2026 (the “ Technical Report ”). The Technical Report was prepared for the Company by The MSA Group (Pty) Ltd., authored by Michael J. Robertson, Pr.Sci.Nat (400005/92); MAusIMM (316078). Ongwe’s CEO, Dave Underwood, states “The Omatjete Project has recently become the flagship project for the Company since the regional sampling program outlined the large scale, high grade, gold in soil anomaly, now known as the Nguni target. Nguni is a totally greenfields discovery and there are no known gold occurrences in the area, highlighting once again how under explored the Damara Belt in Namibia is. We look forward to kicking off the maiden diamond drill program at Nguni in August, 2026.” The Technical Report has been voluntarily filed under the Company’s profile on SEDAR+ at www.sedarplus.ca and has not been filed in connection with a material change or a short-form prospectus. About Ongwe Minerals Inc. Ongwe Minerals Inc. is a Canadian listed gold exploration company focused on the discovery and advancement of new gold systems in Namibia. The Ongwe team, previously with Osino Resources (sold to Shanjin International for CAD$368M), has a history of making and advancing gold discoveries in Namibia, including Osino's Twin Hills (currently in construction) and Eureka deposits, and the advancement and sale of Auryx Gold's Otjikoto gold deposit (in production, sold to B2Gold for CAD$180M). The Company’s current focus is on the promising Omatjete and Khorixas Gold Projects in the emerging Northwest Damara gold belt. The Omatjete Gold Project is strategically located along the regional Okondeka Fault Zone, which also hosts the Kokoseb gold deposit (WIA Gold). Early exploration work by Ongwe has led to the discovery of a) the Manga Gold Prospect, which has a 4.5km x 1km footprint of gold in soil and early scout drilling indicating gold in bedrock and b) the Nguni Gold Prospect, which has a 5km long gold in soil footprint with values up to 1.3g/t and open to the west, north and east. The company has tied up 50km of strike length along this prospective fault zone and regional sampling is ongoing to locate further anomalous gold. The Khorixas Gold Project is situated just 60km west of Osino's Eureka gold project, adjacent to the northern margin of the Damara Orogenic Belt. Khorixas hosts two large-scale surface discoveries called Belmont and K17. The Belmont prospect has a surface gold footprint of approximately 12 × 6km and lies between the regional scale, basin margin, Khorixas Fault and the Belmont Thrust Zone. Calcrete and grab sampling to date have indicated eighteen target areas. The K17 prospect is a surface discovery of copper – gold mineralization in soil and rock chip samples approximately 12km 2 in area. This mineralization is believed to be intrusion related and planning is currently underway for a geophysical program in H2 2026 to define the drill targets. Qualified Person Carl Joone, BSc. (Hons) is the President and Co-Founder of Ongwe Minerals Inc. and is a registered Professional Natural Scientist with the South African Council for Natural Scientific Professions (Pr. Sci. Nat. No. 172695) and a Qualified Person for the purposes of National In...