Innovation Mining Initiates 200-Tonne Commercial-Scale Leach Trial of RZOLV™ Non-Cyanide Gold Extraction Technology

Vancouver, BC – August 11, 2025 – Innovation Mining Inc. (“Innovation Mining” or the “Company”) is pleased to report that it will commence its first commercial-scale field trial of its proprietary, water-based, non-cyanide gold lixiviant, RZOLV™, on August 25, 2025. The 200-tonne on-site pilot program will operate for a planned 90-day period and is designed to generate operational data for full-scale process deployment.

The test material is sourced from a low-grade Au–Ag oxide deposit hosted within gneissic and granitic lithologies.Extensive laboratory-scale metallurgical test work has been completed, including multiple column and vat leach programs on representative run-of-mine material. Test durations ranged from 10 to 30 days. Results indicated:

• Gold recovery: up to 76%

• Silver recovery: variable, consistent with mi neralogical deportment

• Reagent consumption: low and stable throughout test periods

• Solution compatibility: pregnant solutions demonstrated effective gold loading via conventional activated carbon absorption process.

Comparative cyanidation tests at 1,000 ppm NaCN concentration yielded similar gold recoveries, confirming RZOLV’s ™ capacity to match cyanide performance under controlled conditions. The reagent’s pH, oxidative potential (ORP), and leach kinetics were observed to be stable across varying particle size distributions and pulp densities, supporting predictable scale-up behavior.

The 200-tonne field trial will determine the following:

• Validate metallurgical performance at scale: recovery vs. time, real kinetics, reagent consumption/losses, and any preg-robbing or side reactions.

• Prove hydrodynamics/permeability: sustainable irrigation flux, breakthrough/drainage efficiency, compaction, channeling, and fines migration.

• Lock in control & operability: practical pH/ORP setpoints, dosing strategy, day/night circulation, and reliability of pumps, sensors, probes, and liners.

• Generate scale-up/design data: flow rates, solution inventories, oxidant demand, tank/pump sizing, residence-time curves, and a calibrated cost model.

• Confirm environmental performance: residue/leachate characteristics, neutralization needs, water balance/containment, and compliance.

Data collected will be used to finalize process design criteria, confirm reagent stability under operational conditions, and assess economic parameters for commercial adoption.

About Innovation Mining

Based in Vancouver, BC, Innovation Mining Inc. is a clean-technology company developing advanced hydrometallurgical solutions for precious metal recovery. Its flagship reagent system, RZOLV™, is engineered to deliver cyanide-comparable recoveries in a non-toxic, environmentally benign formulation suitable for heap, vat, and gold concentrate applications.

Contact

Duane Nelson

President & CEO

Innovation Mining Inc.

duane@innovationmining.com

Forward-Looking Statements

This News Release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and the United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words "anticipates," "believes," "may," "continues," "estimates," "expects," and "will" and words of similar import, constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, information concerning our Research and Development activities, the accuracy of our capital and operating cost estimates; production and processing estimates; the results, the adequacy of Innovation Mining’s financial resources, and timing of development of ongoing research and development projects, costs and timing of future revenues or profits and adequacy of financial resources. Wherever possible, words such as "plans", "expects", "projects", "assumes", "budget", "strategy", "scheduled", "estimates", "forecasts", "anticipates", "believes", "intends", "targets" and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. Statements concerning future revenue or earnings estimates may also be deemed to constitute forward-looking information. Any statements that express or involve discussions concerning predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance are not statements of historical fact and may be forward-looking information. Forwardlooking information is subject to a variety of known and unknown risks, uncertainties, and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information. Forward-looking information is based on the expectations and opinions of Innovation Mining’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events, or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information. No stock exchange has approved or disapproved of the information contained herein.