PMI CV

PERSEVERANCE METALS

Michigan, USA

Vancouver, British Columbia – November 3, 2026 – Perseverance Metals Inc. (“Perseverance” or the “Company”) (TSXV: PMI) is pleased to announce that it has entered into two additional agreements  with Keweenaw Land Association Limited (see PMI NR  Dec 18 2025 for prior transaction), an arm’s length party, to lease an aggregate of 12,673.5 acres (51.3 km2) of prospective mineral titles (the “Keweenaw Leases”) in the Upper Peninsula of Michigan, USA. These additional Keweenaw Leases significantly expand and infill the Company’s highest priority exploration holdings in the region.

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Beyond the Headline

Perseverance announced that it has secured agreements covering an additional 12,993.5 acres (52.6 km²) of prospective mineral rights in Michigan’s Upper Peninsula. The land expansion includes 12,673.5 acres leased from Keweenaw Land Association and an option to acquire another 320 acres from two arm’s length parties.

With this acquisition, the total Voyageur holdings now cover approximately 187,083 acres (757 km²), an 11% increase over the original property. The new ground expands and fills gaps in priority exploration areas.

Drilling and borehole electromagnetic surveys continue at the recently discovered Osprey mafic-ultramafic intrusion.  The Company expects to release a detailed exploration update shortly.

Comments

The additional land acquisition is strategically sensible, particularly as Perseverance indicates that the new ground expands and fills gaps in priority exploration areas. The exploration update expected soon will be the next key release.