Abitibi Metals drills five m of 12.83% CuEq at B26

Executive Summary

• Abitibi Metals reported high-grade copper-gold drilling results from its Phase 3 campaign at the B26 project in Quebec, confirming strong grade continuity and scale in the Western down plunge zone.
• A standout intercept returned 12.83% CuEq over 5 metres, extending the high-grade corridor by 250 metres down plunge and reinforcing confidence in the asset's growth potential.
• The current B26 resource stands at 11.3 million tonnes Indicated and 7.2 million tonnes Inferred at approximately 2.1-2.2% CuEq, with mineralization remaining open along strike and at depth.

Key Details

• Standout Intercept: Hole 1274-17-269W6 returned 12.83% CuEq (6.15% Cu, 7.93 g/t Au) over 5 metres, within a broader interval of 3.59% CuEq over 19 metres starting at 913 metres depth.
• Spot Pricing Assumption: The 5-metre interval equates to 18.15% CuEq using current spot pricing, highlighting the material economic contribution of gold.
• Western Down Plunge Continuity: The new intercept is located ~125 metres east and updip of hole 1274-17-269W5 (17.91% CuEq over 6.3 metres), further upgrading the block model and confirming grade continuity across the high-grade corridor.
• Down Plunge Expansion: Additional drilling extended mineralization by 250 metres down plunge:
• Hole 1274-25-374W1: 2.04% CuEq over 2.0m and 1.39% CuEq over 3.0m
• Hole 1274-25-374W2: 1.34% CuEq over 5.5m and 1.31% CuEq over 8.6m
• Phase 3 Program Scope: Completed in December 2025, totaling 24,544 metres across 40 drill holes. Assays from 3 holes are pending. Results defined a continuous high-grade zone ~250m vertically and 500m laterally.
• Company Interest & Option: Abitibi holds a 50% interest in B26 with an option to earn an additional 30% from Soquem Inc. (subsidiary of Investissement Quebec).
• Current Resource Estimate: Indicated: 11.3 Mt at 2.13% CuEq; Inferred: 7.2 Mt at 2.21% CuEq.
• Project Location: Situated 7 km southeast of the former Selbaie mine in Quebec’s Abitibi mining district, leveraging existing regional infrastructure for potential development.
• Qualified Person: Louis Gariepy, PEng (OIQ No. 107538), VP Exploration, reviewed and approved the technical data per National Instrument 43-101.

Notable Quotes

• Jonathon Deluce, CEO: "These phase 3 results provide confirmation of the strength, continuity and scale of the high-grade Western down plunge extension at B26. The consistency of these intercepts continues to exceed expectations and further reinforces our confidence in the significant growth potential of this highly valuable zone."