TORONTO – June 05, 2026 – McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF), a Canadian gold exploration company, has provided an update on the continuation and renewal of its investor relations and marketing service engagements. The company has extended agreements with The Market Link and Emerging Markets Consulting (EMC), while its arrangement with Alliance Advisors Investor Relations remains in continuous effect, signaling a sustained commitment to market outreach and investor communication.
Sustained Marketing and Investor Outreach
McFarlane Lake Mining has formalized extensions for its marketing services agreements, demonstrating a strategic focus on enhancing its market presence. The company initially entered into a marketing services agreement with The Market Link on November 14, 2025. This arrangement was subsequently extended for an additional four-month term on March 19, 2026. The total cash compensation payable for this extension is US$110,000. Further details regarding the services provided by The Market Link were previously disclosed in the company’s press release dated January 19, 2026.
Similarly, McFarlane Lake Mining extended its engagement with Emerging Markets Consulting (EMC). An initial agreement with EMC became effective on November 25, 2025. An addendum was subsequently executed on March 18, 2026, prolonging the agreement for an additional three-month period. Under this addendum, the total cash compensation payable to EMC amounts to US$100,000. Information on EMC’s services can be found in the company’s press release dated January 19, 2026.
Ongoing Investor Relations Support
In parallel with its marketing initiatives, McFarlane Lake Mining maintains its investor relations agreement with Alliance Advisors Investor Relations. This agreement, initially established on October 22, 2025, operates on an automatically renewed, continuous basis. It remains in effect unless either party provides at least 60 days’ prior written notice of termination. Alliance Advisors IR receives a quarterly fee of $37,500 for its services. As of the date of this announcement, neither party has terminated the agreement, ensuring ongoing support for investor communications. Further details on Alliance Advisors IR’s services were provided in the company’s press release dated October 22, 2025.
Strategic Context: The Juby Gold Project
These renewed and extended engagements underscore McFarlane Lake Mining’s strategy to maintain visibility as it advances its core assets. The company’s primary focus is the Juby Gold Project, located near Gowganda, Ontario, within the prolific Abitibi Greenstone Belt. The Juby Gold Project hosts a significant NI 43-101 compliant Mineral Resource Estimate (MRE), effective September 29, 2025.
The MRE outlines 1.01 million ounces of gold in the Indicated category, with an average grade of 0.98 g/t gold across 31.74 million tonnes. Additionally, the project contains an Inferred Mineral Resource of 3.17 million ounces of gold at an average grade of 0.89 g/t gold, totaling 109.48 million tonnes. These estimates were calculated using a long-term gold price assumption of US$2,500 per ounce, applying cut-off grades of 0.25 g/t gold for open pit resources and 1.85 g/t gold for underground resources.
Resource Upside and Broader Portfolio
A sensitivity analysis conducted at a higher gold price of US$3,750 per ounce revealed a potential increase in the resource base. Under this scenario, the Indicated Mineral Resource rises to 1.20 million ounces grading 0.94 g/t gold (39.51 million tonnes), and the Inferred Mineral Resource increases to 4.23 million ounces grading 0.85 g/t gold (154.50 million tonnes). The cut-off grades applied in this analysis were 0.25 g/t gold for open pit and 1.15 g/t gold for underground resources.
The independent MRE was prepared by BBA E&C Inc. in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The comprehensive technical report supporting this resource estimate was filed on SEDAR+ on November 21, 2025, and is also accessible on the company’s website.
McFarlane Lake Mining is actively engaged in an exploration drilling program and conducting additional technical studies at the Juby Project to further evaluate and advance this large-scale gold system. Beyond Juby, the company holds a portfolio of 100%-owned gold assets across Ontario, including the past-producing McMillan Gold Mine and Mongowin properties located approximately 70 km west of Sudbury, and the Michaud/Munro properties situated 115 km east of Timmins. McFarlane Lake is a reporting issuer in Ontario, British Columbia, and Alberta.
The continued investment in investor relations and marketing services by McFarlane Lake Mining reflects a strategic effort to communicate its progress and the value of its significant gold resource portfolio, particularly as it actively develops the Juby Gold Project and explores its other promising assets across Ontario.
