Teako Minerals Corp. announce the commencement of its regional 2024 summer exploration program in southern Norway and initially focusing on the Hulderdalen, Kvelde, Moelva and Kiste project areas (the "Sandefjord Program"), all of which form part of the previously announced Project Hub (the "Hub Projects"). The Sandefjord program is focused primarily on the evaluation of apatite (phosphate) and Rare Earth Element ("REE")-bearing igneous complexes, and the main objectives are to identify and prioritize those areas requiring additional detailed work programs and to advance toward drill target generation. A field crew consisting of the Company's four in-house geologists, along with local helpers that the Company has hired, has been mobilized to conduct a phase one mapping and sampling program. The Company would like to thank the Sandefjord municipality and Elin Sørensen from the Norwegian Labour and Welfare Administration for their invaluable support in recruiting local field workers to assist in the Company's field program. The program intends to verify the Company's historical data collected throughout 2023 and 2024. The Company has initiated its Sandefjord Program at the Hulderdalen project to make the best use of the better seasonal weather conditions in southern Norway; the exploration team will then proceed northward to encompass the remaining projects in the program, which are considered by the Company to be satellite projects to Hulderdalen. The Company may expand its summer program to encompass additional Hub Projects or Main Projects (the "main projects") throughout the Company's project portfolio, contingent upon the availability of resources and time allocation. Following this initial analysis, all samples of interest and a selection of lower-grade samples will be sent for laboratory analysis. This initial analysis method will quickly give the Company accurate data on-site, enabling the geology team to make informed decisions faster whilst reducing the number of samples sent to the lab and lowering costs significantly. The initial analysis results will allow the team of geologists to identify anomalies and assign tighter grid patterns for a second sampling phase to delineate the size of the anomalous areas. The Hulderdalen Project: The Hulderdalen Phosphate-REE-Iron-Titanium ("P-REE-Fe-Ti") Project consists of eight contiguous licenses in the Vestland province of southern Norway. The project covers an area of 71 square kilometers. The property has excellent access through all-weather paved primary/secondary roads and gravel roads. The Vestland province is known to contain two known ferrous metal
occurrences, one of which is the well-studied main zone of the Kodal P-REE-Fe-Ti project.