Flow Metals Corp. (CSE: FWM) (‘Flow Metals’ or the ‘Company’) is pleased to report that it has entered into an option agreement dated February 9, 2026 (the ‘Option Agreement’) with Go Metals Corp. (‘Go Metals’) to acquire the Monster IOCG project (the ‘Monster Project’), located approximately 90 kilometres north of Dawson City in the traditional territory of the Tr’ondek Hwech’in First Nation.

‘The acquisition of the Monster Project represents a Tier 1-scale opportunity and positions Flow Metals with meaningful exposure to both gold and copper. Our team has long believed in the Yukon’s exceptional mineral potential since we began working in the region in 2010, and the Monster Project marks a pivotal step in building a premier exploration portfolio,’ said Scott Sheldon, CEO of Flow Metals.

Monster Property, Yukon – IOCG Exploration Target

The Monster Property is a discovery-stage copper exploration project in Yukon, with percent-level copper and cobalt mineralization identified in surface showings. Exploration has identified geological features and metal associations consistent with iron oxide copper-gold (‘IOCG’) style systems.

Copper-cobalt showings have been identified over approximately 14 km of strike, defining a mineralized corridor. Grab samples have returned percent-level copper values, including results up to 22.3% Cu and 9.6% Co. To date, 45 grab samples across the project met the strongly mineralized threshold. These occurrences are spatially associated with both magnetic and gravity anomalies. Three main targets have been identified: Bloom, Arena, and Beast, ranging between 1,300 and 3,500 metres in width. Selected samples from these targets are summarized in the tables below. Grab samples are selective by nature and may not represent average grades of mineralized zones.

Parts of the property are underlain by rocks of the Wernecke Breccia, a regionally extensive Paleoproterozoic (~1.8 Ga) iron oxide-rich breccia system. The rocks are characterized by extensive fracturing, brecciation, and iron oxide alteration developed over kilometre-scale zones and are interpreted to record repeated fluid movement through the crust. The resulting fracture networks provide permeable pathways capable of focusing metal-bearing fluids.

A 2021 percussion drilling program was limited by a drill booster failure but intersected 0.72% Cu over 5.0 feet within hematite-chlorite altered breccia interpreted as IOCG-style mineralization. These results confirmed subsurface mineralization, even though the drill hole ended short of the inverted gravity anomaly. True widths and continuity are unknown, and further drilling is required to test the three main gravity anomalies.

Bloom Target (1.9 km²) selected grab sample highlights:

 A total of 28 samples at Bloom met the Company’s strongly mineralized threshold.

Arena Target (5.1 km²) selected grab sample highlights:

A total of 21 samples at Arena met the Company’s strongly mineralized threshold.

Beast Target (2.4 km²) selected grab sample highlights:

A total of 4 samples at Beast met the Company’s strongly mineralized threshold.

Option Agreement – Monster Project

Pursuant to the Option Agreement, Flow Metals may acquire a 100% interest in the Monster Project by completing the following payments and share issuances (collectively, the ‘Option Consideration’):

• 3,000,000 common shares of Flow Metals, payable within 10 business days of receipt of all required approvals and CSE acceptance;

• 3,000,000 common shares of Flow Metals on the one year anniversary of the execution date;

• $2,000,000, payable on the 120^th day of commercial production; and

• Go Metals will retain a 2% net smelter return royalty (‘NSR’) on the Monster Project.

The transaction constitutes a ‘related party transaction’ for the purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101’), as certain directors and/or officers of the Company are also directors and/or officers of Go Metals. The Company will comply with applicable requirements of MI 61-101 in connection with the transaction.

The transaction is exempt from the valuation and minority approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), as the fair market value of the transaction is not more than 25% of Flow Metals’ market capitalization. Further, Evans & Evans has been retained to provide a fairness opinion to the board of directors of Go Metals in connection with the transaction. The fairness opinion is expected to address the fairness, from a financial point of view, of the transaction to Go Metals and is not a formal valuation.

Sixtymile Project

The Sixtymile district is a historic placer gold camp that has produced gold since the 1890s and remains active today. Ongoing placer operations continue to recover angular and crystalline gold, which is interpreted to indicate a nearby bedrock source. Flow Metals’ mineral claims cover key placer-producing drainages, including Bedrock, Miller, Glacier, and Little Gold creeks. The claims lie within a thrust-related deformation corridor extending at least nine kilometres across the property, which is interpreted to have acted as a major structural conduit for mineralizing fluids.

Recent geological reinterpretation, based on detailed re-logging of historic drill hole DDH-11-18, has identified a folded metasedimentary (turbidite) sequence within the host schist. Gold-bearing quartz veins are interpreted to occur preferentially within competent, quartz-rich layers that have been folded into antiformal geometries within the structural corridor. Historical drilling intersected 105.30 m at 0.51 g/t Au from 88.0 m, including 24.07 m at 1.57 g/t Au in DDH-11-18*. This refined, fold-controlled model provides a focused framework for targeting higher-grade shoots within deformed, quartz-rich horizons.

*These results are historical in nature, have not been independently verified by the Company, and should not be relied upon as a current estimate of mineralization.

About Flow Metals

Flow Metals group has maintained an active presence in the Yukon since 2018, building deep technical expertise and local relationships across the territory. Flow Metals has established a trusted network of experienced contractors and strong working relationships with both territorial and First Nation governments, providing the Company with a solid foundation to efficiently advance exploration projects in the North.

Qualified Person

Harley Slade, P. Geo., is the Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed and approved the technical information contained in this news release. Mr. Slade is Flow Metals Vice President of Exploration and a director of the Company.

Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding: the completion of the transaction contemplated by the Option Agreement, including the timing of, and the Company’s ability to obtain, all required approvals; the Company’s ability to satisfy the conditions required to earn its interest in the Monster Project and the timing of any option payments, share issuances, milestone payments or other consideration; the exploration potential of the Monster Project and the Sixtymile Project; the Company’s planned exploration and development activities, including the scope, timing and results of future work programs and any future drilling; and other future plans, expectations, objectives or intentions of the Company.

Forward-looking information is based on assumptions that the Company believes are reasonable as of the date hereof, including assumptions regarding: the parties’ ability to satisfy the terms and conditions of the Option Agreement; the receipt of all required regulatory, third-party and exchange approvals, as applicable; the Company’s ability to obtain financing on acceptable terms, as required, to fund future exploration and development; the Company’s ability to access the properties and carry out planned work programs; the availability of contractors, equipment and other resources required to conduct exploration activities; and general business, economic and commodity price conditions.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, among others: the risk that required approvals may not be obtained on a timely basis or at all; the risk that the transaction contemplated by the Option Agreement may not be completed as contemplated or at all; the risk that the Company may not satisfy the conditions required to earn its interest in the Monster Project; risks inherent in exploration and development, including that exploration results may not be indicative of future results; operational and technical risks; changes in project parameters as plans continue to be refined; commodity price fluctuations; market volatility; and other risks described in the Company’s public disclosure documents available under the Company’s profile on SEDAR+.

Readers are cautioned not to place undue reliance on forward-looking information. All forward-looking information contained in this release is made as of the date of this release, and the Company disclaims any intent or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283352

Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) is pleased to announce assay results from its Oceania Project on the Fauro Property. The preliminary exploration program on Fauro’s 24,000-hectare (‘Ha’) property located in the Shortland Islands, Western Province, Solomon Islands, included grab samples during a November 2025 site visit. These samples returned multiple high-grade gold (Au) and silver (Ag) results at the Meriguna Target, including up to 116 grams per tonne (gt) Au and 87.5 gt Ag.

CEO, John Florek, commented:

‘Once again, our work at the Fauro Property has delivered very high-grade results. At Meriguna, about 2.5 kilometres north of the Kiovakse target, which previously returned exceptional gold and copper values (see press release dated July 16, 2025), we continue to see compelling evidence of a robust mineralized system.

The scale of mineralization and the strength of the grades encountered across the property underscore its significant discovery potential. Importantly, multiple analogous geophysical signatures along the rim of the caldera remain untested, providing substantial upside as we advance our exploration program.’

Highlights

• Meriguna returned several high-grade gold values, of up to 116 g/t Au, and an average grade of 16.4 g/t Au across all rock samples.

• Silver values show a strong correlation with gold, returning assays of up to 87.5 g/t Ag.

• Visible gold was identified throughout the property in surface alluvial workings from local artisanal miners at the Meriguna Prospect.

• Meriguna and the Kiovakse target demonstrate strongly comparable alteration and mineralized signatures highlighting the potential scale and continuity of mineralization across the area.

• The team is advancing and refining mineralized zones to generate high-priority drill target.

• A phased 2026 exploration program will continue systematic sampling to validate historical results, followed by targeted geophysical surveys. All data will be integrated to design a focused drill program aimed at confirming historical intersections and testing extensions of mineralization that remain open at depth and along strike.

Discussion of Results

The Meriguna target at the Fauro Property continues to deliver highly encouraging results and is located approximately 2.5 km from the Kiovakse target, highlighting the broader prospectivity of the area. The November 2025 site visit successfully validated historical data while generating new geological vectors to refine and prioritize future drill planning. As summarized in the accompanying table (see Table 1), surface sampling returned multiple high-grade gold results, including exceptional assays of up to 116 g/t Au, underscoring the presence of a robust mineralizing system at Meriguna.

These high-grade gold values, together with consistently elevated gold, silver, and copper results from both the Meriguna and nearby Kiovakse targets, underscore the effectiveness of the Company’s focused and systematic exploration strategy. Collectively, the results support the presence of a strong epithermal system and continue to advance multiple high-priority targets across the Fauro Property.

Table of Results

Figure 1: Fauro tenement boundaries with magnetic overlay and target area locations.

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Figure 2: Fauro Property-Meriguna target illustrating historical trench highlights with new sample locations from November, 2025 sampling 

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Figure 3: Selected rock samples from Meriguna target, Fauro. 

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Property Description

The Fauro Property is strategically located along a regional Cu-Au trend hosting major deposits, including Lihir and Panguna¹. Fauro shares key tectonic and geological features with these deposits and lies within a largely underexplored region.

¹Lihir containing 71 Moz Au:

Proven and Probable: 310 Mt containing 23 Moz Au at 2.3 g/t
Indicated: 520 Mt containing 39 Moz Au at 2.3 g/t
Measured: 81 Mt containing 5 Moz Au at 1.9 g/t
Inferred: 61 Mt containing 4.9 Moz Au at 2.3 g/t

Panguna containing 19.3 Moz Au + 5.3 Mt Cu:

Indicated: 1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3%
Inferred: 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu

Next Steps at the Property – 2026 Exploration

Historical drilling, surface sampling, and geophysical work at the Fauro Property have highlighted multiple near-surface epithermal gold systems. Recent rock sampling at the Meriguna Target has confirmed significant surface gold mineralization.

A phased 2026 exploration program will continue systematic sampling to validate historical results, followed by targeted geophysical surveys as warranted. All data will be integrated to design a focused drill program aimed at confirming historical intersections and testing extensions of mineralization that remain open at depth and along strike.

Quality Assurance and Control Procedures

Sample preparation and analysis was completed at the Brisbane, Australia ALS Global Facility accredited by the National Association of Testing Authorities (NATA) and compliant with international standards ISO/IEC 17025. Samples were analyzed using Four acid digestion methods on 34 elements: HF-HNO3-HCIO4 acid digestion, HCL leach and ACP-AES. Gold was analyzed using the Fire Assay technique with a 50g sample under the ALS code Au-AA26. A secure chain of custody procedure was maintained in storing and transporting samples. Sankamap uses industry standards for collecting samples taken on the Fauro property, internal quality assurance and quality control (QAQC) procedures were followed by ALS.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newmont’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au³; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au⁴. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au⁴, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au⁴, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

1. Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

2. Bougainville Copper Ltd. Annual Report, 2016 (1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3 % Indicated, 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu Inferred)

3. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

4. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS,

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Forward-Looking Statements Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283301

(TheNewswire)

February 9, 2026 TheNewswire – Muskoka, Ontario Steadright Critical Minerals Inc. (CSE: SCM,OTC:SCMNF) (‘Steadright’ or the ‘Company’), a resource exploration company focused on advancing near‑term production opportunities, reports that from February 2nd 6th, 2026, members of the NSM Capital Sarl geological team from Morocco, together with a Canadian Earthworks contractor, were on site at the Copper Valley Copper Project to conduct field assessments in preparation for upcoming extraction activities.

The on‑site team evaluated the existing road network to determine haulage suitability and required upgrades for the planned movement of mineralized stockpiles. In addition, several test pits were examined to verify material characteristics and confirm extraction logistics for the initial phase of testing operations.

This fieldwork follows Steadright’s recent announcement that the former property owner, EMTF Sarl, had previously applied for a Mining License and Environmental Permit covering Exploration Permit No. 3843143, now being transferred into NSM Capital Sarl, a Morocco‑based company. Steadright’s Moroccan geological team expects receipt of the Mining License within the coming weeks. NSM Capital Sarl management has assumed responsibility for completing this process as expeditiously as possible.

Steadright holds a 75% interest in the common shares of NSM Capital Sarl through a shareholder agreement with Critical Foundation Metals Inc. (CFM), which holds the remaining 25%.

See Press Releases Dated January 8th, 2026 and January 20th, 2026.

Copper Valley, Copper-Lead-Silver Project, Morocco

Steadright CEO, Matt Lewis: ‘Our Moroccan team is indefatigable in their efforts. We are moving forward on our four properties in very, very good time and they should be quite proud. I encourage people to read about these efforts on our new website and in our new February Presentation (Deck), both of which can be found at www.steadright.ca.

ABOUT Steadright Critical Minerals INC.

Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused since late spring 2025 on finding exploration and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium  Project, and found in the Southern Provinces of Morocco. Steadright has also recently signed a Binding MOU for the historic Goundafa Mine within the Kingdom of Morocco.

ON BEHALF OF THE BOARD OF DIRECTORS

For further information, please contact:

Matt Lewis

CEO & Director

Steadright Critical Minerals Inc.

Email: enquires@steadright.ca

Tel: 1-905-410-0587

www.steadright.ca

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking information is subject to known and unknown risks, ‎uncertainties and other factors which may cause the actual results, level of activity, performance or ‎achievements of Steadright to be materially different from those expressed or implied by such forward-‎looking information. Such risks and other factors may include, but are not limited to: there is no ‎certainty that the ongoing programs will result in significant or successful ‎exploration and ‎development of Steadright’s properties; uncertainty as to ‎the actual results of exploration and ‎development or operational activities; uncertainty as to the availability and terms of ‎future financing on ‎acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; ‎general business, economic, competitive, political and social uncertainties; capital market conditions ‎and market prices for securities, junior market securities and mining exploration company securities; ‎commodity prices; the actual results of current exploration and development or operational activities; ‎competition; changes in project parameters as plans continue to be refined; accidents and other risks ‎inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory ‎approvals; changes in legislation, including environmental legislation or income tax legislation, affecting ‎Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key ‎individuals.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the ‎securities in the United States. The securities have not been and will not be registered under the United ‎States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and ‎may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons ‎unless registered under the U.S. Securities Act and applicable state securities laws, unless an ‎exemption from such registration is available.‎

Copyright (c) 2026 TheNewswire – All rights reserved.

Anteros Metals Inc. (CSE: ANT) (‘Anteros’ or the ‘Company’) is pleased to announce plans for a Phase 1 extension drilling program at the Seagull Critical Minerals Project (the ‘Project’), located approximately 80 kilometres northeast of Thunder Bay, Ontario, and operated by Rift Minerals Inc. (‘Rift’), under the option agreement announced on October 9, 2025 (the ‘Agreement’), pursuant to which Anteros may earn up to a 49% interest in the Project.

Subsequent to completion of Phase 1 drilling activities, Anteros and Rift have entered into an addendum to the Agreement that provides Anteros with the right, but not the obligation, to conduct a revised Phase 1 extension drilling program at the Project. The addendum provides for Rift to continue as operator and allows expenditures incurred under the revised Phase 1 program to be credited against potential Phase 2 exploration expenditures, should Anteros elect to proceed following receipt of an updated NI 43-101 compliant technical report. Any Phase 1 extension drilling will remain subject to final program design, approved budgets, and field conditions.

The Phase 1 extension follows the completion of drill hole RM26-01, which intersected discontinuous orthomagmatic sulphide mineralization within the basal cumulate sequence between approximately 589 and 608 metres, as well as a gas-bearing interval at approximately 877 metres within a narrow fault zone in Archean basement rocks of the Quetico Subprovince. The gas occurrence is situated at a similar stratigraphic position to gas reported in historical hole WM-01-08 located approximately 100 metres away. The significance, continuity, and composition of the gas remain under evaluation. Sulphide mineralization observed in the basal cumulate sequence is disseminated to locally weakly net-textured. Laboratory assay results from the sulphide-bearing intervals are pending.

Integrated interpretation of drilling and geophysical datasets, including Ambient Noise Tomography (‘ANT’) velocity modelling has been used by Rift to refine the interpreted geometry of the Seagull Intrusion and underlying basement, and is informing evaluation of Phase 1 extension drilling options. These interpretations are preliminary in nature and subject to revision as additional data become available.

The Phase 1 extension is designed to build on drilling observations and integrated geological and geophysical interpretation with the following technical objectives:

• Continue evaluating orthomagmatic sulphide mineralization associated with Ni-Cu-PGE systems at the basal contact of the Seagull Intrusion.

• Test the ~877 metre elevation to evaluate the presence and geological context of gas within a sub-horizontal structural feature.

• Collect samples for laboratory analysis to support evaluation of sulphide mineralization and gas occurrence, where encountered.

The Company is currently evaluating drilling options to pursue these technical objectives while leveraging existing historical drill infrastructure. Given the depth of the target horizons, previously completed drill holes are being assessed as the platforms for any extension drilling to efficiently test mineralization and gas-bearing structures at depth while managing time, cost, and surface disturbance. Phase 1 extension drilling will be subject to final program design, field conditions, and financing.

A geological and geophysical section summarizing the integrated interpretation informing Phase 1 extension planning is shown in Figure 1.

Figure 1: Interpreted geological and geophysical section across the Seagull Intrusion, incorporating drilling information and ANT velocity data. The section is oriented NE-SW and viewed toward the northwest, with historical drill holes shown in projected composite view. The gas-bearing interval (~877 m) and disseminated sulphide interval (~589-608 m) shown along drill hole RM26-01 are observational and based on drilling results. Interpretations are preliminary in nature and subject to revision as additional data become available. The figure is provided for geological context only and does not imply mineral resources, continuity, targeting conclusions, or economic significance. 

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‘The Phase 1 extension represents a logical next step to build on observations from drill hole RM26-01, including the occurrence of gas and basal sulphide mineralization,’ said Trumbull Fisher, CEO of Anteros. ‘By leveraging existing drill holes, we are able to further evaluate these features and advance our technical understanding of the Seagull Critical Minerals system.’

The Company will provide further updates as program parameters are finalized and additional information becomes available. All observations to date are visual or preliminary in nature, based on limited drilling and geophysical information, and are subject to revision. Laboratory assay results are pending.

ABOUT THE SEAGULL PROJECT

The Project is located approximately 80 kilometres northeast of Thunder Bay, Ontario, and covers the interpreted mafic-ultramafic Seagull Intrusion within the Nipigon Basin. Historical exploration between 1998 and 2012 included airborne geophysical surveys and approximately 20,000 metres of diamond drilling, which reportedly intersected disseminated to semi-massive sulphide mineralization containing nickel, copper, and platinum-group elements along parts of the intrusion’s basal contact and reported the presence of naturally occurring gases. These historical results have not been independently verified by Anteros.

In 2024, Rift completed an Ambient Noise Tomography (‘ANT’) survey to refine the internal geometry of the Seagull Intrusion and to identify subsurface velocity contrasts interpreted to reflect lithological and alteration variations. These interpretations remain unverified by Anteros.

QUALIFIED PERSON

The scientific and technical information in this news release relating to the Seagull Project has been prepared by Rift Minerals Inc. and has been reviewed and approved by Dr. Geoff Heggie, P.Geo. (Ontario), a Qualified Person under National Instrument 43-101, who is independent of Anteros Metals Inc. This information has not been independently verified by Anteros Metals Inc. and is provided for geological context only.

ABOUT Anteros Metals Inc.

Anteros Metals Inc. is a Canadian mineral exploration company focused on advancing a pipeline of projects across Newfoundland and Labrador and select Canadian jurisdictions. The Company applies a technically driven, data-supported exploration approach targeting critical minerals and emerging strategic commodities relevant to the global energy transition.

ABOUT RIFT MINERALS INC.

Rift Minerals Inc. is a private corporation based in Thunder Bay, Ontario, founded in 2024 by Steven Stares, Michael Stares, Cliff Hickman and Abraham Drost, M.Sc., P.Geo. (Ontario). Rift has completed early-stage exploration work on the Seagull Project, including an Ambient Noise Tomography survey completed by Sisprobe, France.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283191