Nittetsu Mining Co., Ltd.

Eagle Mountain Mining has signed a non-binding memorandum of understanding with Japan's Nittetsu Mining to jointly identify and evaluate potential new mineral projects. The collaboration will focus primarily on copper, gold, lead, lithium, nickel, silver, and zinc, with target locations including Australia and North America, and other jurisdictions considered on a case-by-case basis. The scope ranges from early-stage exploration to production assets, building on the companies' existing partnership at the Oracle Ridge Project in Arizona. The agreement is effective for 24 months, is non-exclusive, and does not impose binding obligations except for certain non-circumvention clauses.