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Peloton Minerals Corporation has issued a clarification regarding its January 28, 2026 news release, stating that the reported cesium (Cs) assays were erroneous. The results attributed to cesium were actually cerium (Ce) assays.

The corrected cesium assays range from 1 ppm to 70 ppm, with an average of 16.7 ppm across four drill holes. Peloton's portfolio includes the North Elko Lithium Project in northeastern Nevada, which targets lithium, uranium, and rare earth minerals, as well as the Golden Trail and Independence Valley gold projects, and a non-controlling interest in a copper porphyry project near Butte, Montana.