Union Power Metals Advances Maiden Drill Program at Michalová Manganese Project, Slovakia

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“For this first drill program, one of the most important things we want to establish is whether our modern drilling tracks what the historical drilling told us. If we can demonstrate that correlation while simultaneously beginning to understand the metallurgical characteristics of the mineralization, we will have taken an important step forward in evaluating Michalová.

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“That is genuinely exciting to me. Europe currently has no integrated mine-to-battery-grade manganese producer, and determining whether Michalová has the potential to contribute to a future European manganese supply chain is the reason we are here.”

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Figure 1 – Michalová Drill Plan

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About the Michalová Project

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The Michalová oxide and manganese carbonate deposit is located in the Banská Bystrica Region of central Slovakia, within a European Union member state and inside the customs union serving the region’s battery and steel supply chains.

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The project was the subject of extensive state-funded exploration during the Czechoslovak era, and the Company has compiled and translated corresponding archival records held by GEOFOND.

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Union Power’s current work program is designed to apply modern exploration, analytical and metallurgical methods to the historical geological information as the Company evaluates the project’s potential.

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Manganese is designated a strategic raw material under the European Union’s Critical Raw Materials Act. High-purity manganese sulphate monohydrate is an important manganese product used in certain lithium-ion battery cathode chemistries.

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Union Power is evaluating whether mineralization at Michalová may ultimately be suitable for processing toward a high-purity manganese product. No determination regarding economic viability or the ability to produce battery-grade manganese has been made, and further drilling, analytical, metallurgical and technical work is required.

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Qualified Person

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The scientific and technical information contained in this news release has been reviewed and approved by Lorne Warner, P.Geo., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

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Mr. Warner has reviewed and approved the scientific and technical information contained in this news release.

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About Union Power Metals Corporation

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Union Power Metals Corporation is a mineral exploration company focused on advancing high-potential manganese projects in Slovakia, while maintaining exposure to uranium assets in Botswana. The Company is committed to responsible development and long-term value creation through the advancement of critical minerals important to evolving global energy and industrial supply chains.

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ON BEHALF OF THE BOARD OF DIRECTORS

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Derrick Dao
Chief Executive Officer
Union Power Metals Corporation

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For more information, please contact:

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Derrick Dao
Chief Executive Officer
[email protected]
+1 825 558 3828

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Carrie Howes
Investor Relations
[email protected]
+1 647 725 9639

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Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Cautionary Statement Regarding Forward-Looking Information

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This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the Company’s planned drill program at Michalová; the anticipated number and metres of drill holes; the objectives and potential results of twin-hole drilling; the potential correlation between current and historical drilling; planned analytical and metallurgical testwork; the assembly and testing of oxide and carbonate composites; the potential suitability of mineralization for processing toward high-purity or battery-grade manganese products; the potential of the Michalová Project; and the possible role of the project in European manganese and battery supply chains.