Nuvau Minerals Strengthens Its Board and Technical Team with the Appointment of David Palmer as a Director and Michael Sutton as Technical Advisor to the Board

About this update from Nuvau Minerals Inc.

Toronto, Ontario--(Newsfile Corp. - August 4, 2026) - Nuvau Minerals Inc. (TSXV: NMC) (FSE: 73C) is pleased to announce the appointment of Dr. David Palmer to its Board of Directors and Michael Sutton, P.Geo., as a Technical Advisor to the Board, effective immediately. The additions of Dr. Palmer and Mr. Sutton—two of Canada's most accomplished exploration geologists, each with a track record of company-defining mineral discoveries—significantly deepen the technical and strategic strength of Nuvau's Board as the Company advances the past-producing Matagami mining district, in Québec's prolific Abitibi region, toward a production restart while pursuing new base-metal and gold discoveries. Dr. Palmer is a successful exploration geologist, having led the discovery of the multi-million-ounce Borden Gold deposit and the Black Creek chromite deposit before the sale of Probe Mines Limited to Goldcorp Inc. Most recently, Dr. Palmer advanced the Novador Gold deposit from 700K ozs to over 10M ozs before selling Probe Gold Inc. to Fresnillo plc in an all-cash transaction valued at approximately CAD$780 million. Mr. Sutton is a Founding member of Kirkland Lake Gold and one of two geologists credited with the discovery of the South Mine Complex at Kirkland Lake—one of the highest-grade gold systems in Canadian history. Both Mr. Sutton and Dr. Palmer bring more than four decades of exploration experience across the Abitibi greenstone belt and other world-class gold camps. Their combined discovery pedigree aligns directly with Nuvau's district-scale exploration strategy in one of Canada's premier mining camps. They join at a pivotal moment for Nuvau—perfectly positioned to help shape exploration across the Company's Matagami land package of 1,380 square kilometres, shortly after the Company completed its earn-in with Glencore in March 2026 to acquire the district-scale project on a 100% basis. "I have had the privilege of working alongside both David and Mike for several years, collaborating closely on the technical review and due diligence of numerous exploration and development opportunities as we evaluated potential acquisitions. Having worked shoulder to shoulder with them, I have seen firsthand how rigorously they assess an opportunity, the depth of their technical judgment, and the value they bring to every decision - and I am confident they will be equally invalu...

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