Ongwe Minerals Announces Voluntary Filing of Technical Report

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VANCOUVER, British Columbia, Sept. 03, 2026 (GLOBE NEWSWIRE) — Ongwe Minerals Inc. (“Ongwe” or “the Company“) (TSXV: OGW) (NSX:
ONG) is pleased to announce that it has voluntarily filed a technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Khorixas Gold Project located in Namibia.

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The technical report, titled “NI 43-101 Technical Report, Khorixas Gold Project, Namibia”, has an effective date of May 31, 2026 and a report date of June 30, 2026 (the “Technical Report“). The Technical Report was prepared for the Company by The MSA Group (Pty) Ltd., authored by Michael J. Robertson, Pr.Sci.Nat (400005/92); MAusIMM (316078).

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The Technical Report has been voluntarily filed under the Company’s profile on SEDAR+ at www.sedarplus.ca and has not been filed in connection with a material change or a short-form prospectus.

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Appointment of Head of Investor Relations

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The Company is also pleased to announce that, subject to TSX Venture Exchange (the “TSXV”) approval, it has entered into an investor relations consulting agreement (the “Agreement”) with Ms. Aideen McDermott to provide investor relations and corporate communications services to the Company.

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Under the Agreement, Ms. McDermott will oversee the Company’s investor relations and corporate communications functions. The Agreement has an initial term of 12 months commencing August 1, 2026, under which the Company will pay Ms. McDermott CAD$5,000 per month, with an option to renew monthly, unless terminated earlier per its terms. Ms. McDermott is also eligible to receive stock options at a later date. The Agreement remains subject to TSXV approval.

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Based in Toronto, ON, Ms. McDermott has a strong background in capital markets and investor relations, currently providing IR consulting services to junior mining companies in gold and copper exploration, as well as technology firms. Prior to that, she held roles on the equity sales desks at Beacon Securities and BMO Capital Markets.

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About
Ongwe Minerals Inc.

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Ongwe Minerals Inc. is a Canadian listed gold exploration company focused on the discovery and advancement of new gold systems in Namibia. The Ongwe team, previously with Osino Resources (sold to Shanjin International for CAD$368M), has a history of making and advancing gold discoveries in Namibia, including Osino’s Twin Hills (currently in construction) and Eureka deposits, and the advancement and sale of Auryx Gold’s Otjikoto gold deposit (in production, sold to B2Gold for CAD$180M).

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The Company’s current focus is on the promising Omatjete and Khorixas Gold Projects in the emerging Northwest Damara gold belt.

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The Omatjete Gold Project is strategically located along the regional Okondeka Fault Zone, which also hosts the Kokoseb gold deposit (WIA Gold). Early exploration work by Ongwe has led to the discovery of a) the Manga Gold Prospect, which has a 4.5km x 1km footprint of gold in soil and early scout drilling indicating gold in bedrock and b) the Nguni Gold Prospect, which has a 5km long gold in soil footprint with values up to 1.3g/t and open to the west, north and east. The company has tied up 50km of strike length along this prospective fault zone and regional sampling is ongoing to locate further anomalous gold.