Dundee Reports High-Grade Shovelnose Results as Exploration and Pre-Feasibility Study Work Advances

TORONTO, Oct. 28, 2026 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to report additional high-grade infill results from the South Zone at the Shovelnose Gold Project, including 23 meters grading 6.69g/t gold and 41.7g/t silver.

With the 117 hole resource infill program now complete, six drills remain active at Shovelnose as the project moves into its next phase. Work is focused on a broader exploration program together with the geotechnical and hydrogeological drilling required to support the South Zone pre-feasibility study targeted for completion in the second half of 2027.