Copper Lake Provides an Update on Gold Potential on Its Marshall Lake Copper-Zinc-Silver Massive Sulphide Property, Northwestern Ontario

About this update from Copper Lake Resources Ltd.

Copper Lake Provides an Update on Gold Potential on Its Marshall Lake Copper-Zinc-Silver Massive Sulphide Property, Northwestern OntarioToronto, Ontario--(Newsfile Corp. - October 29, 2025) - Copper Lake Resources Ltd. (TSXV: CPL) (FSE: W0I) ("Copper Lake" or the "Company") is pleased to announce that further to its news release on October 9, 2025, the Company has identified a number of additional compelling gold geochemical anomalies on its Marshall Lake copper-zinc-silver volcanogenic massive sulphide property (the "Property"), located in northwestern Ontario. The gold anomalies identified emerged from an ongoing assessment of the precious-metals potential at Marshall Lake, undertaken to capitalize on the current high gold price. In some surveys, gold analyses were either not undertaken, were minimal in number, or if completed, were not followed-up on. The objective of this study was to identify new areas prospective for gold, silver and base-metal mineralization from the Marshall Lake database, to assist in future exploration targeting.The follow-up exploration work on these anomalies will be done in conjunction with the ongoing exploration of the property which is currently focusing on the high-grade copper-zinc-silver intersects in the Teck Hill-Gazooma and Gazooma North-RM-Lease on the western areas of the property (see news release dated February 21, 2025).Terry MacDonald, CEO commented: "The Marshall Lake property is a large property in a prolific mining area. The property has several zones where there have been some very good drill results over significant widths - some of these dating back decades when the price of gold was $45 per ounce, including these gold anomalies and historic gold drill results that have not been followed up. While we will continue with exploration at the Conductive Centre on the Billiton deposit area, these other zones we are accessible year-round and give us the opportunity to apply the most current geophysics to these areas, and to follow up on the premise that Marshall Lake could be a Noranda style VMS camp with several deposits. We are eagerly looking forward to this next work program and to following up on the promising gold zones."An examination of the Property's geochemical database revealed two surveys that yielded positive results for gold; these include a lake sediment survey and a soil sampling survey as docume...

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