Definitive Option Agreement For Brownfields Critical Minerals Project

VANCOUVER – Rover Metals Corp. has signed a definitive option agreement with Panarc Resources Ltd. for the staged acquisition of up to a 90% ownership interest in the Indian Mountain Lake VMS project, NT, Canada.

The Indian Mountain Lake VMS Project has had exploration dating back to the 1940s and has a historical resource spread across four zones on the project. The BB Zone and Kennedy Lake Zone have a combined historic resource of 1,400,000 tons grading 10% combined zinc and lead with 3.5 OPT (ounces per ton) of silver*. Approximately 900 meters west of the BB Zone, the Kennedy Lake West Zone has a historic resource of 610,000 tons grading 1.15% copper*. About 8 km southeast of the BB Zone, the Susu Lake Zone, has a historical resource consisting of 142,500 tons grading 0.95% copper.