(via TheNewswire)

November 19, 2025, BritishColumbia- TheNewswire - CameoResourcesInc.(CSE:MEO, FSE: Z88) ("Cameo" or the "Company")ispleasedtoannouncethat it has completed over 50% of the initial Induced Polarization("IP") geophysical survey previously announced October 8, 2025. The Company has engaged HETAMIS Mineral Services Limited ("HETAMIS") to conduct the IP survey over its 100% owned,19.58 square kilometer, Katoro Gold Property("Katoro" or the "Property"),located inthe Geita region of the Lake Victoria Goldfields of Tanzania.

Highlights of the IP Survey:

The groundwork has been completed and raw data collected for over 50% of the initial IP survey on the Katoro property.

The raw unprocessed data is showing multiple priority targets that are coincident with the previously completed magnetic geophysical survey.

The depth of the IP targets in the northern part of the project area is similar to the depth of gold mineralization at the Tembo gold deposit of the Buckreef Gold Mine and theNyamalimbe gold deposits, essentially presiding near surface within the top 60 meters of weathered bedrock

HETAMIS has been engaged to collaborate with Dr. Didas M. Mabula and complete the initial dipole-dipole IP survey on the Property consisting of 58 line-kilometers in 5 grids covering a total area of 3.1855 km2 (Figure 1). Three of five grids have now been completed and the raw data captured. The initial data has shown multiple priority targets with high chargeability readings up to 250mV/V. The Company will wait until all field data has been collected and processed to make decisions on drillhole priorities and field work is anticipated to completed in the next two to three weeks with the goal of fast-tracking the targeting of proposed drill locations.

In collaboration with Dr. Mabula, the Company has determined that approximately 65% of the Katoro property shows structural features that indicate the prospectivity to host gold mineralization. It was determined that with such a large prospective area, that the Company proceed by targeting mainly the northern and central portions of the Property.

Brian Thurston, PGeo, states: " It is exciting to see the initial raw and unprocessed data already indicating the high prospectivity for gold mineralization to be discovered on the Katoro property. We continue to see similarities between the Katoro Property and the Buckreef Gold Mine just 15km northeast an we now have IP data that suggests depths of potential mineralization comparable to what is known to occur at the Tembo Gold deposit of the Buckreef Gold Mine. We continue to follow good science as it leads toward fast-tracking the inaugural drill program."

Click Image To View Full Size

Figure 1: Dipole-Dipole Induced Polarization Grids shown overlying Tilt Derivative magnetic data on the Katoro Property.

Qualified Person

Brian Thurston, P.Geo., the Company's technical advisor and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technicalinformationinthisnewsrelease.

About The Katoro Gold Property

The Property covers 19.58 square kilometers situated within the prospective Sukumaland Greenstone Belt within the Lake Victoria Goldfield (LVGF). One of the most important mining sites in Africa, Tanzania's LVGF holds several multi-million-ounce gold deposits and has ongoing operations by some of the largest gold companies in the world. The concessions have been mined by artisanal miners for some time, evidenced by the multiple shallow pits and trenches showing iron carbonate altered mafic volcanics (basalts) and quartz feldspar porphyry intrusions. Gold is associated with grey quartz veins and stringers that exhibit a pinch and swell characteristic, parallel to the fabric of east-west shear zones. The concessions occur within a broader area that has seen exploration and mining activities by several companies including, TRX Gold Corporation (TSX:TRX), AngloGold Ashanti plc (NYSE:AU), and IAMGOLD Corporation (TSX:IMG).

About Cameo Resources Inc.

Cameo Resources Inc. is a dynamic mineral exploration company dedicated to discovering and developing valuable mineral deposits. Cameo's Katoro property covers 19.58 Km2 situated within the prospective Sukumaland greenstone belt within the Lake Victoria goldfield (LVGF). One of the most important mining sites in Africa, Tanzania's LVGF holds several multimillion-ounce gold deposits and has continuing operations by some of the largest gold companies in the world. The concessions have not been explored by modern methods until now. Formore informationonCameoResources,pleasevisitthewebsiteatwww.cameoresourcesinc.com.

OnbehalfoftheBoardofCameoResourcesInc.

SouhailAbi-Farrage

ChiefExecutiveOfficerandDirector PhoneNumber: 1-800-325-1308

Forfurtherinformationcontact:

Investor Relations;

Email: IR@cameoresourcesInc.com

Phone Number: 1-800-325-1308

ForwardLookingInformation

Thisnewsreleasecontainscertain"forward-lookinginformation"and"forward-lookingstatements" (collectively"forward-lookingstatements")withinthemeaningofapplicablesecuritieslegislation. Forward-lookingstatementsarefrequently,butnotalways,identifiedbywordssuchas"expects", "anticipates","believes","intends","estimates","potential","possible",andsimilarexpressions,or statementsthatevents,conditions,orresults"will","may","could",or"should"occurorbeachieved. All statements, other than statements of historical fact, included herein, without limitation, areforward-lookingstatements.There canbenoassurancethatsuchstatementswillprovetobeaccurate,andactualresultsandfuture eventscoulddiffermateriallyfromthoseanticipatedinsuchstatements.Forward-lookingstatements reflectthebeliefs,opinionsandprojectionsonthedatethestatementsaremadeandarebasedupon anumberofassumptionsandestimatesthat,whileconsideredreasonablebyCameo,areinherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.Manyfactors,bothknownandunknown,couldcauseactualresults,performanceor achievementstobemateriallydifferentfromtheresults,performanceorachievementsthatareor may be expressed or implied by such forward-looking statements and the parties have made assumptionsandestimatesbasedonorrelatedtomanyofthesefactors.Suchfactorsinclude,without limitation, risks that lease holder will notapprovethesaleoftheProperty, risksassociated withpossibleaccidentsandotherrisksassociatedwithmineralexplorationoperations,theriskthat theCompanywillencounterunanticipatedgeologicalfactors,risksassociatedwiththeinterpretation ofexplorationresults,thepossibilitythattheCompanymaynotbeabletosecurepermittingand othergovernmentalclearancesnecessarytocarryouttheCompany'sexplorationplans,theriskthat theCompanywillnotbeabletoraisesufficientfundstocarryoutitsbusinessplans,andtheriskof political uncertainties and regulatory or legal changes that might interfere with the Company's businessandprospects.Readersshouldnotplaceunduerelianceontheforward-lookingstatements andinformationcontainedinthisnewsreleaseconcerningtheseitems. Cameo doesnotassumeanyobligationtoupdatetheforward-lookingstatementsofbeliefs,opinions,projections,orotherfactors,shouldtheychange,exceptasrequiredbyapplicablesecuritieslaws.

TheCanadianSecuritiesExchangehasnotreviewed,approvedordisapprovedthecontentsofthis pressrelease,anddoesnotacceptresponsibilityfortheadequacyoraccuracyofthisrelease.

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COMTEX_470363493/2453/2025-11-19T08:00:06