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TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF, FRA: W2Z) is pleased to announce that it has obtained the written consent of all debenture holders of its 15.0% Senior Secured Debentures due 2026 (the “Debentures”), of which approximately US$1,695,000 aggregate principal amount remains outstanding, to certain amendments to the trust indenture dated as of September 29, 2025 between the Company and Odyssey Trust Company, as trustee and collateral agent.

59% Increase in Inferred Resources  13% Increase in Indicated Resources Highlights of Latest Mineral Resource Estimate 5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1) Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold New Higher-Grade Gold resources defined at 826 Zone Drilling continues; Environmental Baseline work continues TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (CSE: MLM) (OTCQB: MLMLF) (“McFarlane Lake” or the “Company” or “McFarlane”), a Canadian gold exploration and development company, is pleased to announce an updated Mineral Resource Estimate (“MRE”) on its Juby Gold project (or “Juby”) located approximately 15 kilometres (“km”) west of Gowganda, Ontario, and approximately 90 km west of Temiskaming Shores, Ontario. This MRE has been classified in accordance with CIM Definition Standards on Mineral Resources and Mineral Reserves (CIM, 2014) and follows the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (CIM, 2019).

TORONTO, Aug. 17, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF, FRA: W2Z) is pleased to announce that, further to its press release on August 5, 2026, the Company has completed its strategic investment (the “Strategic Investment”) in iMetal Resources, Inc. (TSXV: IMR, OTCQB: IMRFF, FRANKFURT: A7VA) (“iMetal”), a Canadian-based junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. Pursuant to the Strategic Investment, the Company acquired 14,200,852 units of iMetal (“Units”) at a price of $0.10 per Unit for an aggregate subscription price of $1,420,085. The Company beneficially owns approximately 19.9% of iMetal's issued and outstanding common shares (“iMetal Shares”). The Strategic Investment was completed pursuant to iMetal's previously announced non-brokered private placement consisting of up to 30,000,000 Units at a price of $0.10 per Unit for aggregate gross proceeds of up to $3,000,000.