JZR Gold Inc. Announces Completion of Testing of Gravimetric Mill at the Vila Nova Gold Project in Brazil

(TheNewswire)

May 13, 2025 - TheNewswire - Vancouver, British Columbia,Canada – JZR Gold Inc. (TSXV:  JZR) (OTCQB:JZRIF) (the “ Company ” or “ JZR ”) wishes to provide an update on operations at Vila Nova GoldProject (the “ Vila NovaProject ” or the “ Property ”) locatedin the state of Amapa, Brazil.

ECO Mining Oil & Gaz Drilling Exploration EIRELI(“ ECO ”), the operator of the Vila Nova Project, commissioned thedesign, manufacture and installation of a gravimetric mill on theProperty capable of processing up to 800 tonnes per day.  ECO hasadvised the Company that testing of the mill has been completed andthat the mill is fully operational. ECO has further indicated that itexpects that the mill will commence operating on a limited basis astechnical personnel are currently being trained to operate the mill,and processing material is being transported to the mill site. TheCompany has been advised that the Vila Nova Project is fullypermitted, at the State and Federal level.

The Company possesses a 50% net profit interest in allnet profit generated from the Vila Nova Project pursuant to a JointVenture Royalty Agreement with ECO dated July 6, 2020, as amended onJanuary 9, 2023.

The Company is also pleased to announce that it hasappointed Mr. Sonny Janda to the board of directors. Mr. Janda has been involved with and brings experience fromnotable positions with Canadian publicly traded companies. He is adirector and Executive Chairman of Desert Gold Ventures Inc., aprecious metal exploration and early development mining company.  Heis also a director of Sierra Grande Minerals Inc., a North Americanfocused exploration company, and a director of Grand Peak CapitalCorp.

Mr. Janda currently serves as CEO and Director of theJanda Group®, a diversified family-owned business.  The JandaGroup® develops various types of real estate assets includingmaster-planned mixed-use communities, high density residential andagricultural projects. Mr. Janda earned a Bachelor’s Degree ineconomics from Simon Fraser University.

“JZR’s board and management are very pleased towelcome Sonny Janda to the Company’s board of directors.Mr. Janda’s knowledge and experience will strengthen the board andassist in our growth.”, commented Robert Klenk, Chief ExecutiveOfficer of JZR.

For further information, please contact:

Robert Klenk

Chief Executive Officer

rob@jazzresources.ca

Forward-Looking Statements

This news release containsforward-looking statements, which includes any information aboutactivities, events or developments that the Company believes, expectsor anticipates will or may occur in the future.  Forward-lookingstatements in this news release include statements with respect to theanticipated start-up of the Mill and the planned commencement of bulksampling on the Property.  Forward-looking statements are subject toa variety of known and unknown risks, uncertainties and other factorsthat may cause the actual results, level of activity, performance orachievements of the Company to be materially different from thoseexpressed or implied by such forward-looking statements.  Risks thatcould change or prevent these statements from coming to fruitioninclude, but are not limited to, that ECO may not succeed in bringingthe Mill into operation and that the Mill may not operate asanticipated, or at all; that any minerals which may exist on theProperty may not be economically mined or processed, if at all; thatECO may not be able to obtain the necessary permits related to theMill or the Property to enable it to explore for, or mine or processminerals; that ECO may not be able to raise additional or sufficientfunds that may be necessary to develop the Property or bring the Millinto operation and to continue its operation; the availability, orlack thereof, of labour, equipment and markets to develop or sell anyproducts derived from the Property; and general business, economic,competitive, geopolitical and social uncertainties and regulatoryrisks.  Although the Company has attempted to identify importantfactors that could cause actual results to differ materially fromthose contained in forward-looking information, there may be otherfactors that cause results not to be as anticipated, estimated orintended.  There can be no assurance that such information will proveto be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements.  Accordingly, readers should notplace undue reliance on forward-looking statements. Theforward-looking statements contained in this news release is expresslyqualified in its entirety by this cautionary statement. The Companydoes not undertake to update any forward-looking statements, except asrequired by applicable securities laws.

Neither the TSXVenture Exchange nor its regulation services provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this pressrelease.

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