Eureka Metals Engages Archer Cathro for 2026 Exploration Program at the Cabin Lake Silver-Lead-Zinc-Gold Project, British Columbia

Executive Summary

• Eureka Metals Corp. has engaged Archer Cathro to execute the Phase 1 2026 exploration program at its Cabin Lake Project in central British Columbia.
• The program will focus on systematic target generation, geological mapping, soil geochemistry, and concurrent permitting for future IP geophysical surveys and diamond drilling.
• Historical exploration at the property has identified high-grade silver-polymetallic mineralization, with drill intercepts up to 2,463 ppm silver over 0.6 metres.

Key Details

• Engagement of Archer, Cathro & Associates (1981) Limited to oversee and execute Phase 1 of the 2026 exploration program.
• Planned activities include geological mapping, prospecting, rock sampling, and property-scale soil geochemistry to refine silver-polymetallic targets.
• Concurrent permitting activities planned for induced polarization (IP) geophysical surveying and diamond drilling.
• Historical drilling intercepts include up to 0.61 metres grading 2,463 g/t silver.
• Historical trench samples have exceeded 500 g/t silver.
• Cabin Lake Project covers approximately 2,300 hectares in the Omineca Mining Division, central British Columbia.
• Project location is approximately 145 km west of Prince George and 22 km southwest of Fraser Lake, with established forestry road access and proximity to regional power and transportation infrastructure.
• Project is proximal to significant mineral deposits and historical mining operations, including the Endako Mine and Artemis Gold's Blackwater Project.
• Initial field program mobilization is expected during the summer of 2026.
• Program results will support a broader Phase 2 exploration strategy, which may include additional geophysical surveying, expanded surface exploration, and drill targeting.
• Qualified Person: Ryan Versloot, P.Geo., technical advisor to the Company.

Notable Quotes

• Danny Matthews, Chief Executive Officer: "Cabin Lake represents what we believe to be a highly underexplored silver-lead-zinc-gold opportunity within one of British Columbia's most prospective mineral belts. Historical exploration has already identified high-grade silver mineralization, and we believe modern systematic exploration may unlock additional target potential across the property. The engagement of Archer Cathro marks an important step in advancing the Project toward future geophysical work and drilling."