Churchill Intersects High Tenor Antimony and Discovers a Significant New Gold-Silver System at Black Raven, Central NewfoundlandTORONTO, ON / ACCESS Newswire / January 5, 2026 / Churchill Resources Inc. ("Churchill" or the "Company") (TSXV:CRI.V) is pleased to report maiden intersections of high tenor antimony along with gold and silver over 800m of structural continuity in the environs of the historic Frost Cove Antimony Mine. As well the Company reports the discovery of a potentially extensive polymetallic system at Pomley Cove Pond, with interceptions of high-grade gold, silver, lead, and zinc.These discoveries are a product of Churchill's Fall 2025 exploration program at the Black Raven Project, designed to rigorously evaluate the Frost Cove Mine structure for antimony, and explore the potential for broader polymetallic mineralization through the Black Raven Property. This maiden program consisted of 50 diamond drillholes, with a cumulative depth of 5,176m, along with extensive channel and soil sampling. Thirty holes, totalling 2,743m depth, were dedicated to Frost Cove and the remaining holes to adjoining targets at Stewart, Taylor's Room, and the "wildcat" program at Pomley Cove Pond. This news release provides results for 16 Frost Cove drillholes along the northern 400m of the structure, as well as all channel samples acquired to date at Frost Cove and Pomley Cove Pond. Thirty-four drillholes are still to be reported.Churchill interprets these partial results as indicating, consistent with its preliminary exploration model, that the Black Raven Property potentially contains a large-scale mineralized system in which strategic and precious metals are genetically linked to felsic intrusive and extrusive rocks. True to the Greek etymology of antimony (antimonos means "never alone"), early indications suggest that antimony at the Frost Cove Mine appears to be the highly-visible manifestation of a large, deep-seated volcanic heat source that may have driven multiple pulses of mineral-rich fluids containing antimony, arsenopyrite and high-grade gold, silver along with other metals within a volcanic-plutonic structural architecture.Maiden Program Antimony, Gold, Silver Discovery Highlights Include:Exceptional, high-grade antimony assays from at Frost Cove Mine (Figs. 1& 2).Assay results from 16 drill holes (with 14 still to report) and 18 channel samples have defined a high-tenor shear-hosted zone with structural continuity over a strike length of 800m to approximate depths of 100m; the zoneremains open long strike and to depth:Surface (trenching - Table 1 ) : Systematic saw-cut channel sampling has confirmed consistent, high-grade antimony (Sb) widths across the shear zone, including:Trench 11: 37.3% Sb over 0.30m within17.27% antimony over 0.98 in Channel 3; and 16.81% over 0.35m within 7.86% Sb over 0.75m in Channel 4.Trench 10: 43.0% Sb over 0.15m within 6.60% Sb over 1.0m. For reference, 43% Sb represents an equivalent stibnite purity of approximately 59.97%, i.e., approaching the molecular maximum of Sb of 71.7% in stibnite (Sb 2 S 3 ).Subsurface (drilling - Table 2) : Intersections include:15.85% Sb over 0.46m within a broader mineralized interval of 10.1% Sb over 0.94m in hole FC25-21.9.6% Sb over 0.65m, within a broader interval of 6.25% Sb over 1.0m in hole FC25-14.6.97% Sb over 0.30m, within 2.64% Sb over 0.8m in hole FC25-11Parallel gold-silver system delineated at Frost Cove Mine trend, hosted in a second arsenopyrite-bearing shear zone 1 to 3 m from the antimony shear zone. High grade gold and silver grab samples confirmed by drilling and trenching include:2.0 g/t Au and 36 g/t Ag over 0.36m in hole FC25-052.2 g/t Au and 30 g/t Ag over 0.36m in hole FC25-104.4 g/t Au and 44 g/t Ag over 0.60m in hole FC25-14New gold-silver vein system at Pomley Cove Pond (Figure 3). Nine systematic channels along separate sulphide-rich shear zones as exposed in four trenches along with extensive soil samples have confirmed a high-grade gold-silver-lead-zinc-arsenopyrite system approximately 1km northwest of the historical adits at Frost Cove Mine:Surface (trenching Table 3) : Intercepts include the following (weighted averages):4.35g/t gold and 132.03 g/t silver over 1.59m (TRPC-04)3.41% g/t gold and 56.68 g/t silver over 0.69m (TRPC-01)3.36 g/t gold and 17.75 g/t silver over 1.12m (TRPC-03)Subsurface (drilling ): The 2025 program concluded December 19 th with two holes drilledbeneath the discovery trenches. Hole PC25-02 also extended out under the pond, where silicious felsic rocks with elevated polymetallic assays had been located along the shoreline during the summer . The surface veins were intersected at depth along with several new veins. Hole PC25-02 encountered approximately 150m of brecciated and sulphide mineralized felsic volcanic rocks, the first such lithologies discovered on the property. Early impressions suggest that Pomley Cove Pond may be a central locus to the overall Black Raven mineralizatio