MineralRite renews Skull Valley lease; QP confirms tailings pits intact; cancels 45 Series C shares

MINERALRITE Corp

Renewed Arizona State Land Dept. mineral lease for Skull Valley project; bonding/insurance requirements met, site access now unrestricted.
QP Allan Schappert (ALS Geo Resources) visited Feb 2 and collected auger samples Mar 30; tailings pits intact, material consistent with historical descriptions.
Laboratory analysis of samples collected under chain-of-custody is pending; results will help determine next-phase evaluation scope and costs.
Company evaluating environmental credit opportunities from reprocessing legacy tailings; highly speculative with no feasibility study engaged yet.
Cancelled 45 Series C preferred shares (≈18M common equivalent) to reduce dilution; also expanded advisory team with precious metals industry executive.

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