Regulus Resources Inc. Reports Earnings Results for the First Quarter Ended December 31, 2021

Regulus Resources Inc. is a Canada-based international mineral exploration company. The principal project held by the Company is the AntaKori copper-gold-silver project in northern Peru. The AntaKori project is located approximately 600 kilometers (km) north of Lima and 50 km northwest of the city of Cajamarca, in the Miocene Au-Cu-Ag belt of northern Peru. The AntaKori claim group is located immediately adjacent to the Tantahuatay high-sulphidation epithermal (HS) Au mine (Compania Minera Coimolache, Buenaventura-Southern Peru); seven km NW of the Cerro Corona porphyry Cu-Au mine (Gold Fields); and 32 km Northwest of the Yanacocha HS gold mine (Newmont-Buenaventura), all within the prolifically mineralized Yanacocha-Hualgayoc mining district in the Department of Cajamarca. The AntaKori project hosts a resource with indicated mineral resources of 250 million tons and inferred mineral resources of 267 million tons.