Hispania Resources Announces Permit Extension and Drilling Program at Puebla de la Reina Property

About this update from Hispania Resources Inc

Toronto, Ontario--(Newsfile Corp. - May 26, 2026) - Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or the "Company"), announces that it has received an extension on it's high grade base metal Deposit, HERRERÍAS, Permit Nº 06C12785-00, from the Junta de Extremadura. Located in Puebla de la Reina, Spain, the property is a high grade copper zinc deposit, with a recorded NI 43-101 report filed. "We are extremely pleased that the government has confirmed our Extension request. In collaboration with the supportive local government and stakeholders, the Government of Extremadura and other parties. We know that a time when critical minerals deposits in the European Union need to be developed, there is much work to do by all government agencies, and we thank Extremadura and the Mayor of Puebla de la Reina and the people of the town for their support to get this extension", noted Chief Executive Officer Norman Brewster. As a follow on to this extension, the Company is pleased to announce that it has laid out a drilling program for the property. The drill program will investigate the existing mineralized zone plus an additional geophysical target area that was newly outlined. The existing zone consists of 500,000 tonnes of Kuroko style Copper, Zinc, Lead Volcanic hosted massive sulphide mineralization at grades of 11% Zn.,1.60%Cu., 1.2%Pb., and 32 ppm Ag. The company is seeking to extend this zone as it was last drilled in 2000. Recent geophysical works indicate that extensions are possible. A new zone of interest shown by geophysics and surface valuation lies on the permitted property to the Northwest of the existing mineralization which has not been drilled. The company expects work to be carried out over the next 4 weeks and will analyze work while at site. "Further to the extension, getting work progressing in Puebla has been a goal for the company. The local stakeholders have been extremely supportive and are keen to see mining work continue to develop in the region. We are also keen to explore an additional zone that we have examined in our work, and was referred to us by previous groups that had worked at the site dating back to the 1980's, when zinc and copper prices were not as conducive as they are today". Core from the initial 500,000 tonne zone was previously assayed and reported by the company to confirm the high grades. Lastly, Hispania announces its...

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