SRQ Resources Inc. announce the discovery of a virgin UM intrusive complex hosting base metal mineralisation at its Lac Brulé project in Quebec. This important new discovery reinforces SRQ's commitment to unlocking the region's mineral potential. The UM intrusive complex discovery was informed by SRQ's geological reinterpretation of the notoriously under-explored region and revealed through a maiden 13-hole drilling program on Lac Brulé.

The 13 drill holes for the 3,950m maiden drilling program were conducted in July 2023 on Lac Brulé located in the Upper Laurentian region of Quebec, a five-hour drive from Montreal. UM Intrusive Complex: The existence of an UM intrusive complex provides valuable new insights into the geological history of this never-explored region and implies untapped potential for additional mineralised bodies. Tectonic Significance: Pyroxenite intrusive units are injected into highly deformed and highly metamorphosed gneiss, intercalated with garnet-rich amphibolites of the Grenville geological province.

Characteristics of the newly discovered UM intrusion suggest it intruded the gneissic assemblage during the last tectonic event related to the Grenville metamorphic event. Base Metal Sulfide Mineralisation: Analysis of the drilling samples indicates the presence of significant Ni and Cu mineralisation associated with pyrrhotite, chalcopyrite and pentlandite. This discovery strongly suggests potential for additional mineralised units of large UM intrusive complexes.

Untapped Geological Potential of SRQ's Lac Brulé Property SRQ's new discovery was made on its 100%-owned Lac Brulé property located 50km north-west of the former Renzy Ni-Cu mine on the unceded lands of the Kitigan Zibi Anishinabeg community. The former Renzy mine operated from 1969 to 1972. UM intrusive bodies host mineralisation at both the Renzy mine and at Lac Brulé.

Both sites present several striking similarities, including mineralogy, petrology and timing of emplacement. No historical prospecting or ground exploration had been reported from the Lac Brulé area prior to SRQ's involvement. The past-producing Renzy Ni-Cu mine is the closest mining activity with historical information available.

The Company is targeting Ni and Cu mineralisation at Lac Brulé that could be similar to those at the Renzy mine and at other known Ni-Cu deposits in Canada and worldwide.