Millennial Adopts Semi-Annual Reporting Under CBO 51-933
West Vancouver, British Columbia--(Newsfile Corp. - July 8, 2026) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that a high-level field visit to the Company's Banio Potash Project in Gabon was completed on July 5-6 by the Gabonese Minister of Mines and Geological Resources, Mr. Sosthene Nguema Nguema, as well as the Director General of Geology and Mining Support, the Director General of Mining Exploitation, the Governor of Nyanga Province, Mr. Jean Robert Mabobet, and various other local government officials.
Farhad Abasov, Millennial's Chair, commented, "The visit by Minister Nguema and the Governor of Nyanga Province provided an important opportunity for the Gabonese Government and local stakeholders to witness first-hand the scale of the Banio Potash Project being developed by Millennial, the ongoing field work, the resource potential, and the involvement of Gabonese workers on site. The visit was a very important event at this stage of our development as the Gabonese government pledged full support in terms of the infrastructure build-up and other aspects of the project. We appreciate the constructive engagement and the strong expression of support for the Project as we continue advancing Banio in a responsible and technically disciplined manner."
Minister Nguema toured the Company camp and logistics facilities at the project and attended a technical presentation by the Company on potash and the benefits of fertilizer application to food security, and the potential benefits a project of this magnitude can bring to the region. The Minister inspected potash-rich drill core and expressed his satisfaction at visiting the Banio Potash Project operation site and camp. Minister Ngeuma reiterated Government support for the Banio Potash Project and expressed that the Government would assist with infrastructure and other initiatives in the region. The delegation also had the opportunity to review drilling at BA-006 drill site where the drill team was actively changing rods. The Minister was particularly pleased to see the ongoing rig operation and to observe young Gabonese workers actively working and learning alongside experienced expatriate specialists. Additional potash core was also visible at the drill site, which further supported the technical discussions conducted during the visit.
Millennial Potash continues exploration drilling to potentially extend potash resources south and west of the current project Mineral Resource Estimate ("MRE") which is comprised of Measured Mineral Resources Estimate of 648.2M tonnes grading 15.7% KCl, an Indicated MRE of 1.8B tonnes grading 15.6% KCl, and an Inferred MRE of 3.56B tonnes grading 15.6% KCl (see press releases dated Dec. 29, 2025 and November 17, 2025). The current 4-hole program is planned for completion in 2026 at which time an updated MRE will be completed. Millennial is also advancing its Definitive Feasibility Study and its Environmental and Social Impact Assessment study.