Protium Completes High-Resolution Magnetic Survey to Enhance Targeting at Gabbs Tungsten Project

Vancouver, British Columbia, November 12th, 2026, FinanceWire

Protium Clean Energy Corp. (CSE:GRUV) (FSE: G07) (“Protium” or the “Company”) is pleased to announce the successful completion of a high-resolution unmanned aerial vehicle (“UAV”) magnetic survey at its wholly owned Gabbs Tungsten Project in Nye County, Nevada (the “Project”). The survey represents an important milestone in the Company’s ongoing technical evaluation of the Project and has generated a comprehensive geophysical dataset expected to enhance geological interpretation, refine exploration targeting, and support future advancement of the Project.

Survey Highlights

Completed approximately 472 line-kilometres of high-resolution UAV magnetic surveying.
Survey flown along 98 east-west oriented flight lines with 50-metre spacing.
Acquired 604,762 magnetic measurements across the Project area.
Generated Total Magnetic Intensity (“TMI”), Reduced-to-Pole (“RTP”), First Vertical Derivative (“1VD”) and Tilt Derivative (“TDR”) datasets.

Historical Mining Context

The Project encompasses multiple historical tungsten occurrences and historical workings, including the past producing Emma and Ten O’Clock Mines. Historical mining activity indicates the presence of tungsten-bearing mineralization within the district and highlights the prospectivity of the Project area.

Marc Branson, Chief Executive Officer of Protium, commented:

“The completion of this survey marks another important milestone in the advancement of the Gabbs Tungsten Project. The quality of the dataset and the structural features visible in the processed magnetic products provide our technical team with valuable new insight into the geological framework of the property. The survey has highlighted several areas of geological interest that warrant further evaluation, and we are encouraged by the level of structural complexity revealed across the project area. As tungsten continues to gain strategic importance within western critical mineral supply chains, this work strengthens the technical foundation for the continued advancement of Gabbs.”

Preliminary Geological Interpretation

Preliminary review of the magnetic data indicates the presence of several distinct magnetic domains, prominent magnetic gradients, and multiple interpreted structural features extending across the survey area. The Company believes these features may represent lithological contacts, fault structures, and geological boundaries that warrant further investigation.

The TMI and RTP datasets define a broad east-west magnetic corridor across the northern portion of the survey area together with a number of discrete magnetic highs and lows separated by well-developed magnetic gradients. These features suggest a complex geological framework and provide new information regarding the architecture of the Project area.

The 1VD and TDR products further enhance these features and highlight numerous linear structures, interpreted contacts, and structural intersections that may have influenced the emplacement of mineralization within the district. The Company is integrating the magnetic survey results with historical mining records, geological mapping, and field observations to better understand structural controls that may be associated with mineralization at the past producing Emma and Ten O’Clock Mines and elsewhere across the Project.

Magnetic surveys are an indirect exploration method. The features described above are interpretive, are based on a preliminary review of the survey data, and do not on their own indicate the presence, grade or extent of tungsten mineralization. Further work, including geological mapping, sampling and drilling, would be required to test any targets identified.