VANCOUVER, BRITISH COLUMBIA – October 7, 2025 – TheNewswire - Stearman Resources Inc. (“Stearman” or the “Company”) (CSE: STMN), a Canadian mineral exploration company focused on advancing discovery-stage projects in the world-renowned Athabasca Basin, is pleased to announce the appointment of Dr. Yuanming Pan, Professor and research scientist at the University of Saskatchewan, as Technical Advisor to the Company.
Dr. Pan is an internationally respected geoscientist whose career has combined academic leadership with pioneering research in mineralogy, geochemistry, and economic geology. After earning his PhD from the University of Western Ontario in 1990, he joined the University of Saskatchewan in 1993, where he has since trained and mentored a generation of Canadian geologists. Over nearly three decades, his research has spanned a broad spectrum of mineral commodities including gold, graphite, lithium, rare earth elements, and uranium.
Importantly, Dr. Pan’s research group developed a novel exploration technique that uses alpha-particle-induced defects in quartz as a powerful vectoring tool for identifying uranium deposits. This breakthrough method was initially applied to Saskatchewan’s world-class Key Lake and McArthur River uranium mines, and has since been extended to other notable discoveries including the Maw Zone, Phoenix Deposit, and Arrow Deposit.
Lester Esteban, CEO of the Company, commented: “For almost 30 years, Dr. Pan has helped shape the geological expertise coming out of the University of Saskatchewan; many geologists working in the Athabasca today were his students. I’ve followed his research closely, and the uranium exploration technique he pioneered represents a significant advancement in how we approach discovery. Having Dr. Pan working alongside our exploration group will provide us with a distinct technical advantage as we advance our projects in the Athabasca. We are extremely fortunate to welcome him to as a Technical Advisor.”
With this appointment, Stearman strengthens its technical expertise and reinforces its commitment to advancing exploration in the Athabasca Basin, one of the richest sources of high-grade uranium in the world. The Company believes Dr. Pan’s insight and innovative research will play an important role in unlocking the discovery potential at its three uranium projects in Canada.
The Company also announces that it has granted 600,000 restricted share units (“RSUs) to certain consultants and officers of the Company, with vesting periods of up to two years, in accordance with the Company’s Restricted Share Unit Plan. The Company further announces that another 600,000 share purchase warrants have been exercised and the $60,000 proceeds received.
Qualified Person
The technical content of this news release has been reviewed and approved by Ken Wheatley, M.Sc, P.Geo, who is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. The information provides an indication of the exploration potentials of the Company’s properties but may not be representative of expected results.
The Company is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA. The Company currently owns a 100% interest in the NeoCore Uranium Property consisting of 6 mineral claims covering 13,012 hectares, located in the Athabasca Basin in northern Saskatchewan. The Company further holds an option for up to a 70% interest in the Murphy Lake Uranium Property, consisting of 609 hectares also located in the Athabasca Basin in northern Saskatchewan, and owns a 100% interest in the Zoo Bay Uranium Property consisting of 15 mineral claims covering 19,850 hectares, also located in the Athabasca Basin.
On Behalf of Stearman Resources Inc.
Email: hdmcap@shaw.ca
Website: www.stearmanresources.com
Forward Looking Statements: This new release may contain “forward‐looking information or statements” within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to its future business plans. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ from those in the forward-looking statements. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.
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