REG-Richmond Hill Resources Plc: Update on Saint-Sophie Project & Establishment of EBT

Richmond Hill ResourcesAnnouncement

17/12/2025 15:15

17 December 2025                                                              
                                                                              
                                          Richmond Hill Resources PLC         
                    
                                                ("Richmond Hill" or the
"Company")                                              
               
                               Update on Saint-Sophie Project
Establishment of EBT

Richmond Hill Resources PLC (AIM: RHR) is pleased to provide an update on
exploration activity at the Saint-Sophie Copper Project in Quebec, Canada.
 IOS Services Géoscientifiques Inc. ("IOS") have been engaged to operate the
field exploration program and to lead the technical work, including historic
data compilation, target generation, and drill-program planning.

IOS has also been engaged to manage an IP survey over priority areas at Saint
Sophie.                 The proposed surveys will cover a total of 6.7 km(2)
on grids that include five known occurrences. The aim of the survey is to
identify targets areas for the 2026 field work and possibly future drilling.

Establishment of EBT

Richmond Hill Resources noted its intention to establish an Employee Benefit
Trust ("EBT") in its admission document published on 26 September 2025.  This
process has now commenced and is expected to conclude shortly.               
 It is expected that ordinary shares held in the EBT from time to time shall
not exceed 10 per cent. of the Company's issued share capital from time to
time.

Hamish Harris, CEO of Richmond Hill commented                              
"The Board is pleased to commence work on Saint-Sophie, a project which we
believe, based on very high historical grades, to hold significant
potential.  The recent strong rally in the copper price and long-term
fundamentals of the copper market only serve to reinforce the narrative."

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or
anticipated future events and anticipated results that are forward-looking in
nature and, as a result, are subject to certain risks and uncertainties, such
as general economic, market and business conditions, competition for qualified
staff, the regulatory process and actions, technical issues, new legislation,
uncertainties resulting from potential delays or changes in plans,
uncertainties resulting from working in a new political jurisdiction,
uncertainties regarding the results of exploration, uncertainties regarding
the timing and granting of prospecting rights, uncertainties regarding the
Company's ability to execute and implement future plans, and the occurrence of
unexpected events.  Actual results achieved may vary from the information
provided herein as a result of numerous known and unknown risks and
uncertainties and other factors. 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company are responsible for
the release of this announcement.

For further information, please contact:

 Richmond Hill Resources                                                     Hamish Harris                                                 Tel: +44 (0)787958 4153    
 Cairn Financial Advisers LLP (Nominated Adviser)                                                     Ludovico Lazzaretti / James Western  Tel: +44 (0)20 7213 0880   
 Clear Capital Limited (Broker)                                                     Bob Roberts                                            Tel: +44 (0) 20 3869 6080  

Further information on the Company can be found on its website at             
                www.richmondhillresources.com



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