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Vanguard Mining Receives Final Environmental Licenses for Yuty Prometeo-San Jose Uranium Project

Vancouver, BC — February 9, 2026 — Leads & Copy —

Vanguard Mining Corp. (UUU: CSE |UUUFF: OTCID | SL51: Frankfurt) has received its final set of Environmental Licenses, bringing the total to four, from Paraguay’s Ministerio del Ambiente y Desarrollo Sostenible (“MADES”). This is part of the regulatory advancement of the Company’s 90,000-hectare Yuty Prometeo–San Jose Uranium Project in southeastern Paraguay.

In parallel with the receipt of these licenses, Vanguard has applied for its Prospection Permit with Paraguay’s Vice Ministry of Mining and Energy (“VMME”), a critical step toward full-scale uranium exploration authorization across the project area.

According to Vanguard, the Environmental Licenses now cover the entirety of Vanguard’s land position at Yuty Prometeo–San Jose and represent the final environmental approvals required for the project, with no additional environmental licences outstanding, positioning the Company at an advanced stage of the Paraguayan permitting process.

This regulatory milestone comes as Paraguay’s role in global critical-mineral supply chains gains visibility, underscored by its recent participation alongside the United States at a high-level ministerial summit in Washington, D.C., hosted by the U.S. Department of State. The February 4 meeting focused on technical cooperation, strategic investment, and supply-chain alignment for critical minerals, including uranium, lithium, and rare earth elements. Deputy Minister of Mines and Energy Mauricio Bejarano said surging global demand has firmly placed Paraguay on the radar of international partners.

Vanguard believes this alignment reinforces the strategic relevance of its uranium portfolio as the United States and its allies accelerate efforts to secure diversified, transparent, and geopolitically stable sources of nuclear fuel and other critical materials essential to energy security, advanced technologies, and national defense initiatives.

Vanguard Mining Corp. is focused on the discovery and development of high-value strategic minerals and is currently advancing uranium exploration projects in the United States and Paraguay, with a focus on identifying and developing assets critical to the global energy transition.

The company’s four concessions, including the three San Jose and one Yuty Uno concession, collectively span approximately 90,000 hectares (222,395 acres) within the Paraná Basin.

David Greenway, Chief Executive Officer of Vanguard Mining, said the receipt of the MADES Environmental Licences marks a significant permitting milestone and further advances the Yuty Prometeo–San Jose Uranium Project toward prospection authorization.

Vanguard is committed to responsible exploration and value creation through the acquisition and advancement of highly prospective uranium properties.

The scientific and technical information contained in this news release has been reviewed and approved by Lawrence Segerstrom, a consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).

All Stakeholders are encouraged to follow the Company on its social media profiles on LinkedIn, X.com,Facebook and Instagram and sign up for updates at Vanguardminingcorp.com

Vanguard’s management cautions that past results or discoveries on properties in proximity to Vanguard may not necessarily be indicative of the presence of mineralization on the Company’s properties.

The Republic of Paraguay is an emerging mining jurisdiction in the heart of South America, known for its political stability, low sovereign risk, and investor-friendly regulatory environment.

The Yuty Prometeo consists of four concessions—three San Jose concessions and one Prometeo concession—covering a combined area of approximately 90,000 hectares (222,395 acres) within the uranium-rich Paraná Basin in southeastern Paraguay.

The Prometeo Concession spans approximately 27,666 hectares (68,368 acres) and is directly contiguous to UEC’s Yuty Project. Historical records reference 27 drill holes on the Prometeo property, averaging 165 meters in depth.

The San Jose Concessions encompass approximately 62,210 hectares (153,754 acres) across three adjacent claims situated along the Upper Permian–Carboniferous contact, approximately 100 km northwest of UEC’s Yuty Project and 40 km west of its Coronel Oviedo Project.

UEC’s adjacent Yuty ISR Project in southeastern Paraguay spans approximately 117,359 hectares (290,000 acres) and hosts an Indicated resource of 8.962 million lbs U₃O₈ (9,074,000 tons grading 0.049% U₃O₈), and an Inferred resource of 2.203 million lbs U₃O₈ (2,733,000 tons grading 0.040% U₃O₈), as disclosed in its July 1, 2022, technical report titled “Yuty Uranium Project Initial Assessment US SEC Subpart 1300 Regulation SK Report, Paraguay SA.

Vanguard’s four concessions, including the threeSan Jose and one Yuty Uno concession, collectively span approximately 90,000 hectares (222,395 acres) within the prolific Paraná Basin, one of South America’s most promising uranium regions. The project area is located adjacent to Uranium Energy Corp.’s (“UEC”) established Yuty Deposit, which hosts an Indicated resource of 8.96 million pounds of U₃O₈.

The drill results referenced in this release are historical in nature. Vanguard has not yet completed the work necessary to independently verify these results in accordance with NI 43-101 and therefore they should not be relied upon. The Company plans to complete confirmatory drilling to verify the historical information.

Source: Vanguard Mining Corp.

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