NovaRed Mining to Close MetalCore Early-Access Waitlist in 48 Hours as Platform Dataset Surpasses 4.1 Million Records

About this update from Novared Mining Inc.

Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) (" NovaRed " or the " Company ") is pleased to announce that enrollment in the early-access waitlist for MetalCore, the Company's proprietary artificial intelligence mineral exploration platform, will close in 48 hours, with only 80 of the initial 1,000 onboarding spots remaining in the current access cohort. Following strong demand since the platform's onboarding launch, the Company intends to close the waitlist to new registrations at the end of the 48-hour window in order to prioritize onboarding, data access, and support for the existing cohort. Prospective users who wish to be considered for early access in this cohort are encouraged to register before the deadline. NovaRed Nears 1,000 MetalCore Registrants The current early-access cohort is limited to 1,000 registrants, and the Company has elected to cap onboarding to maintain platform performance and user support standards during MetalCore's continued development. Once the remaining spots are filled or the 48-hour window elapses, registration for this cohort will close and additional applicants will be considered for future access, subject to availability. To date, 920 users have registered to be among the first to utilize the MetalCore platform. MetalCore Dataset Surpasses 4.1 Million Records MetalCore is designed to integrate large volumes of public source geological, geochemical, and mineral tenure data into a single, prioritized target-generation environment. The platform's analytical dataset has now expanded to more than four million records, building on the more than 2.7 million records previously reported. These records relate to mineral properties located in Canada and the United States. The dataset is led by approximately 1.5 million geochemistry records and 1.4 million oil and gas well records, which together account for roughly 70% of the total, alongside more than 800,000 deposit records, close to 200,000 geothermal records, and tens of thousands of mine, British Columbia mineral title, and BC MINFILE records, plus further magnetic anomaly, mineral property, satellite scene, and geophysical survey data. The compilation is drawn from public sources and is intended to support parcel-level mineral evaluation and exploration target generation. In connection with the announcement, Brian Goss, Chief Executive Officer of NovaRed Mining Inc., stated, "The response to MetalCore has been encouraging, and closing this cohort allows us to focus on delivering a strong onboarding experience to our earliest users. With the dataset now exceeding four million records, we believe MetalCore will becoming a meaningful resource for the exploration community, and we look forward to expanding access in future cohorts."

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