Tombill Provides Update On Their Old Mine & Talmora Stockpiles

Toronto and Geraldton, Ontario--(Newsfile Corp. - January 21, 2025) - Tombill Mines Limited (TSXV: TBLL) (the "Company", "Tombill") is pleased to denote an update connected caller exploration of mineralized stockpiles connected its Tombill Old Mine and Talmora Mine assets.

Tombill Old Mine Stockpiles

The Tombill Old Mine, which is connected and accessible from the Trans-Canada Highway, was mined from 1938-42 and 1955, producing 68,737 oz Au astatine 12.36 grams/tonnes. From those extractions assorted bequest stockpiles stay representing a mineralized country of 16,153 meters² with elevations (derived from the collars entree points) ranging from 358.07 m to 366.65 m.

From 23 July until 18 November 2024 (including 3 samples collected 6 December 2019) the institution produced 55 collars gathering 69 samples for assays with depths ranging from 40 cm to 220 cm, averaging 96 cm. The people of these 69 samples varied from <0.001 to 20.7 g/t Au, averaging 3.15 g/t Au. Eleven bulk density samples were collected (of which 2 were deemed defective) ranging from 1.31 g/cm³ to 1.74 g/cm³, yielding an mean density of 1.49 g/cm³.

To cod these 69 samples implicit 55 collars, the institution utilized a operation of a manus augur, excavator, and shovel implicit a mapped-out grid of 26 quadrants, each measuring 25 m X 25 m. On average, the samples to quadrants ratio was astir 2.7 times; however, a disproportionate fig of samples were collected successful the higher golden grading areas. All samples were collected exclusively from the excavation tailings worldly and nary bedrock oregon overburden were included.

During the upcoming 2025 tract season, Tombill plans to behaviour further enactment successful determining volumes and a imaginable golden resource.

Below, summarizes results from the 69 samples collected to date:

Talmora Mine

In summation to the Tombill Old Mine, connected a constricted basis, we embarked connected sampling our different bequest Talmora Mine stockpiles connected the northeast country of our Main Group patented claims, and we are encouraged by the grades derived from the 10 samples collected to date. The Talmora Mine was mined successful 1942 and from 1947-48, producing 1,406 oz Au astatine a people of 5.04 g/t. Further enactment is indispensable to find the stockpiles country and dimensions. Elevations (derived from the illustration entree points) scope from 329.54 m to 331.65 m.

On 2 October 2024, we collected 10 samples for assays from the excavation tailings country to a extent of 40 cm astatine each site. The people of these samples varied from 0.06 to 21.60 g/t Au and averaged 4.9 g/t Au. To date, nary bulk density samples person been collected.

To cod the samples, we utilized a operation of a manus augur and shovel astatine sites implicit the stockpile but person not employed a mapped-out grid yet. All samples were collected from the excavation tailings country and nary bedrock oregon overburden were sampled.

During the 2025 tract season, further exploration enactment volition beryllium conducted implicit a grid to implicit further sampling and to find area, volumes, bulk densities and a imaginable golden resource.

Below, summarizes results from the 10 samples collected to day astatine the Talmora site:

Assays

Assays were performed astatine AGAT Laboratories, an accredited laboratory successful Thunder Bay, Ontario. A concatenation of custody is maintained to the assay lab.

Qualified Person

Gerry White P.Geo., Superior Rift Geoconsulting Inc., is the Company's designated Qualified Person for this quality merchandise wrong the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its technological and method content.

About Tombill

Founded 1935, jointly by Newmont Mining (NYSE:) and 'Tom' and 'Bill' Johnson, Tombill (TSXV: TBLL) owns 2 of the 11 past- producing and producing mines successful the Geraldton Greenstone Gold District (pop. 4300, astir 225 km NE of Thunder Bay). Within this optimal section and mining infrastructure, our assets comprise 4 royalty-free claims groups, occupying the mediate of the Geraldton Gold District. The Greenstone Open Pit Gold Mine (established May 2024), which we borderline with our Main Group eastbound boundary, is 1 of Canada's largest golden mines & mill by some yearly accumulation and people according to its owners Equinox Gold Corp (TSX/NYSE: NYSE:). Our assets comprise 74 royalty-free claims (60 afloat owned patented claims, 9 afloat owned patented mineral rights, and 5 leases). Of these, the 51-patented assertion Main Group borders westbound of the Greenstone Gold Mine and straddles the Trans- Canada Highway; the 5-claim Ellis Group lies 4 km southbound of the municipality of Geraldton; and the archetypal Tombill Old Mine radical of 6-patented claims sits 10 km west-southwest of Geraldton. The Tombill Old Mine produced 68,737 golden oz astatine a people of 12.47 g/t betwixt 1938 -1942 and 1955 successful the southeast portion of that assertion group. The Talmora Mine, located northeast connected the Main Group, was built successful 1942, but saw lone precise insignificant accumulation earlier closing successful 1948 (1,406 golden oz astatine 5.05 g/t).

The Geraldton campy is astir 15 km successful magnitude implicit a defined corridor -- fundamentally on the Bankfield Tombill Fault & Trans-Canada Highway -- lodging aggregate shallow and heavy golden zones, 10 past-producing mines and 1 producing unfastened pit excavation stemming from the astir easterly Greenstone Open Pit Gold Mine to the astir westerly past-producing Key Lake Mine.

Location Map

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For much information, delight sojourn www.tombillmines.com, and contact:
Adam Horne
Email: ir@tombillmines.com Tel: +1 647 4938 270

Cautionary Note Regarding Forward-Looking Information

Certain accusation contained herein constitutes "forward-looking information" nether Canadian securities legislation. Forward-looking accusation includes, but is not constricted to, statements with respect to its exploration program. Generally, forward-looking accusation tin beryllium identified by the usage of forward-looking terminology specified arsenic "will" oregon variations of specified words and phrases oregon statements that definite actions, events oregon results "will" occur. Forward-looking statements are based connected the opinions and estimates of absorption arsenic of the day specified statements are made, and they are taxable to known and chartless risks, uncertainties and different factors that whitethorn origin the existent results to beryllium materially antithetic from those expressed oregon implied by specified forward-looking statements oregon forward-looking information. There tin beryllium nary assurance that specified statements volition beryllium to beryllium accurate, arsenic existent results and aboriginal events could disagree materially from those anticipated successful specified statements. Readers should not spot undue reliance connected forward-looking statements and forward-looking information. The Company volition not update immoderate forward-looking statements oregon forward-looking accusation that are incorporated by notation herein, but arsenic required by applicable securities laws. Additional accusation identifying risks and uncertainties is contained successful filings by the Company with the Canadian securities regulators, which filings are disposable astatine www.sedar.com.

Neither the TSXV nor its Regulation Services Provider (as that word is defined successful policies of the TSXV) accepts work for the adequacy oregon accuracy of this release.

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