Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - Sorrento Resources Ltd. (CSE: SRS) (OTCQB: SRSLF) (the "Company" or "Sorrento"), a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to announce that drillhole SRS26-009 intersected a 52m thick interval with 0.98% TREO (Total Rare Earth Oxides) * at the Company's Bottom Brook Project in Newfoundland and Labrador.
Highlights:
SRS26-009 intersected 52m of 0.98% TREO from 42m (22.96% of the Rare Earth Elements, not TREO, are NdPr**)
SRS26-007 intersected 16m of 1.51% TREO from 10m (23.78% of the Rare Earth Elements, not TREO, are NdPr)
Mineralization occurs in areas of low to moderate radioactivity within massive to semi-massive magnetite. The mineralization is hosted by a variety of lithologies including amphibolite, alkali-granite, and quartz-feldspathic igneous rocks. Higher grade intercepts are defined as containing >1% TREO.
In the coming weeks the company will begin metallurgical test work.
*Based on industry standards, TREO% includes Y2O3 contents.
**NdPr refers to a mixed rare-earth oxide or metal product composed predominantly of neodymium (Nd) and praseodymium (Pr), two light rare-earth elements commonly co-produced during rare-earth separation and widely used in high-strength permanent magnets.
The following tables and figures summarize the key results from Sorrento Resources' 2026 drilling program at the Bottom Brook Project. Table 1 highlights the best TREO% drill hole intersections identified to date, while Figure 1 illustrates the spatial distribution of both Sorrento's and historical Ucore LP drill holes across the project area. Figures 2 through 6 present representative cross sections that define the REE mineralized envelope as interpreted using data from selected Sorrento and historical drill holes and provides insight into the continuity and geometry of mineralization. Table 2 details the concentrations of individual rare earth oxides within the strongest drill intercepts. Figure 7 includes representative core photographs from drill hole SRS26-009 with corresponding TREO% assay intervals. Lastly, Table 3 summarizes collar coordinates and spatial information for the ten holes completed by Sorrento during the 2026 drill campaign.
Table 1. Compiled composites for drill holes SRS26-003, SRS26-005, SRS26-007, SRS26-008, SRS26-009, and SRS26-010.
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