Peloton Clarifies Certain Assay Results

(TheNewswire)

March 13, 2025 – TheNewswire - London, Ontario – Peloton MineralsCorporation (“Peloton” or the “Company”) (CSE Symbol: PMC; OTCQB Symbol:PMCCF) is issuing this clarification regardingcertain assay results previously reported in its news release datedJanuary 28, 2026.

Following an internal review of the analytical data anddisclosure, the Company determined that the cesium (Cs) assaysreported in the release were made in error. The assays attributable tocesium (Cs) were in fact the cerium (Ce) assays. The Cesium (Cs) assays infact range from 1 part per million (“ppm”) to 70 ppm with anaverage of 16.7 ppm across all four drill holes.

This clarification relates solely to the inadvertentreversal of the cerium and cesium assays in the original disclosure.The rubidium (Rb) and lithium(Li) values reported in the original releasewere transcribed and reported correctly and remain unchanged.

The Company has reviewed its disclosure procedures andwill implement additional verification steps to ensure consistencybetween laboratory analytical reports and public disclosure.

For further information, please visit the Company’swebsite at Pelotonminerals.com orcontact:

Edward (Ted) Ellwood, MBA

President & CEO       1-519-697-2313

Qualified person

Richard C. Capps, PhD, is the qualified person under NI43-101 that has approved the technical information contained withinthis release. Dr. Capps is the Company’s Senior Geologist and aDirector.

About Peloton MineralsCorporation

Peloton Minerals Corporation is a reporting issuer ingood standing in the Provinces of British Columbia and Ontario whosecommon shares are listed on the CSE (Symbol: PMC) and trade in theU.S. on the OTC QB (Symbol: PMCCF). There are 152,567,062 common shares issued and outstandingin the capital of the Company.

Peloton’s exploration portfolio includes the NorthElko Lithium Project in northeastern Nevada which is prospective forlithium, uranium, critical and rare earth minerals, as well the GoldenTrail and Independence Valley Carlin style gold projects innortheastern Nevada, and a non-controlling interest in a copperporphyry project near Butte, Montana

CSE has notreviewed and does not accept responsibility for the adequacy oraccuracy of this release.

This news releasecontains "forward-looking information" (within the meaningof applicable Canadian securities laws) and "forward-lookingstatements" (within the meaning of the U.S. Private SecuritiesLitigation Reform Act of 1995). Such statements or information areidentified with words such as "anticipate","believe", "estimate”, "expect",“foresee”, "intend", “looking”, “plan”,"potential", "propose", "project",”suggests”, "outlook" or similar words suggesting futureoutcomes or statements regarding an outlook.  

Such statementsinclude, among others, those concerning the Company’s intention toimplement additionalverification steps to ensure consistency between laboratory analyticalreports and public disclosure. Such forward-looking information orstatements are based on a number of risks, uncertainties, andassumptions which may cause actual results or other expectations todiffer materially from those anticipated and which may prove to beincorrect. Actual results could differ materially due to a number offactors.  

Although the Companybelieves that the expectations reflected in the forward-lookinginformation or statements are reasonable, prospective investors in theCompany’s securities should not place undue reliance onforward-looking statements because the Company can provide noassurance that such expectations will prove to be correct.Forward-looking information and statements contained in this newsrelease are as of the date of this news release and the Companyassumes no obligation to update or revise this forward-lookinginformation and statements except as required by law.

Copyright (c) 2026 TheNewswire - All rights reserved.