Northwire Canada EditionWednesday, August 26, 2026
Northwire
GOLD 4655.60 −0.8% SILVER 67.94 −1.1% COPPER 6.60 −3.1% OIL 82.81 +0.6% PALLADIUM 1332.25 −1.3% COR 0.400 +0.0% ATX 2.80 −1.1% CYG 0.165 +6.5% GR 0.070 +0.0% CRB 0.050 +0.0% GMX 2.12 +0.9% ADG 0.500 +0.0% GSKR 3.51 −4.6% KG 0.170 +3.0% NVX 0.530 −8.6% EDCU 0.510 −5.6% FFM 1.84 −1.6% VCT 0.060 −7.7% MLP 2.83 +2.2% BAU 0.220 +4.8% GTC 0.970 −1.0% GOLD 4655.60 −0.8% SILVER 67.94 −1.1% COPPER 6.60 −3.1% OIL 82.81 +0.6% PALLADIUM 1332.25 −1.3% COR 0.400 +0.0% ATX 2.80 −1.1% CYG 0.165 +6.5% GR 0.070 +0.0% CRB 0.050 +0.0% GMX 2.12 +0.9% ADG 0.500 +0.0% GSKR 3.51 −4.6% KG 0.170 +3.0% NVX 0.530 −8.6% EDCU 0.510 −5.6% FFM 1.84 −1.6% VCT 0.060 −7.7% MLP 2.83 +2.2% BAU 0.220 +4.8% GTC 0.970 −1.0%

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Original News Release

Abitibi Metals drills five m of 12.83% CuEq at B26

Mr. Jonathon Deluce reports ABITIBI METALS DELIVERS 12.83% CUEQ AT B26 AS HIGH-GRADE ZONE CONTINUES TO GROW Abitibi Metals Corp. has had a new high-grade copper-gold intercept from its phase 3 drilling campaign at the B26 polymetallic deposit in Quebec, delivering another strong result that continues to build momentum in the Western down plunge high-grade zone. The standout intercept came from hole 1274-17-269W6, which returned 12.83 per cent copper equivalent (6.15 per cent copper and 7.93 grams per tonne gold) over five metres, within a broader interval of 3.59 per cent copper equivalent over 19 metres, starting at a 913-metre depth. The result confirms exceptional grade continuity across one of the most valuable zones of the B26 system. Using current spot pricing, the interval equates to 18.15 per cent CuEq over five metres, highlighting the material contribution of gold to block model value and overall project economics. Strengthening the Western down plunge high-grade zone The new intercept is located approximately 125 metres east and updip of hole 1274-17-269W5, which previously returned 17.91 per cent CuEq over 6.3 metres, further upgrading the Western down plunge model and confirming continuity across this high-grade corridor. To the west and at depth, additional phase 3 drilling continues to expand the mineralized system. Holes 1274-25-374W1 and 1274-25-374W2 intersected the B26 copper-gold horizon, extending resource-grade mineralization by an additional 250 metres down plunge: Hole 1274-25-374W1 returned 2.04 per cent CuEq over 2.0 metres and 1.39 per cent CuEq over 3.0 metres. Hole 1274-25-374W2 returned 1.34 per cent CuEq over 5.5 metres and 1.31 per cent CuEq over 8.6 metres. Together, these results continue to demonstrate the scale, strength and continuity of the Western down plunge mineralized shoot, which remains open at depth and along strike. Phase 3 program delivers and sets up phase 4 The phase 3 drill program, completed in December, 2025, totalled 24,544 metres across 40 drill holes, with assays from three remaining holes still pending. Results to date have exceeded expectations, defining a continuous high-grade zone approximately 250 metres vertically and 500 metres laterally, which remains open to the west and at depth. Abitibi Metals currently holds a 50-per-cent interest in the B26 project and retains the option to earn an additional 30-per-cent interest from Soquem Inc., a subsidiary of Investissement Quebec. "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," said Jonathon Deluce, chief executive officer of Abitibi Metals. Expanding a high-quality copper-gold resource The current B26 resource stands at: Indicated: 11.3 million tonnes at 2.13 per cent CuEq; Inferred: 7.2 Mt at 2.21 per cent CuEq. With mineralization open along strike and at depth, Abitibi expects continued drilling to materially enhance both the size and quality of the resource as phase 4 advances. The B26 deposit is located just seven kilometres southeast of the former Selbaie mine, benefiting from established regional infrastructure and positioning the project as a compelling copper-gold asset in Quebec's Abitibi mining district. Qualified person Information contained in this press release was reviewed and approved by Louis Gariepy, PEng (OIQ No. 107538), vice-president, exploration, of Abitibi Metals, who is a qualified person as defined under National Instrument 43-101, and responsible for the technical information provided in this news release. About Abitibi Metals Corp. Abitibi Metals is dedicated to acquiring and exploring mineral properties within Quebec, with a particular emphasis on high-quality base and precious metal assets that offer significant potential for growth and expansion. The company's flagship B26 polymetallic project, which has been optioned from Soquem, hosts a substantial and growing resource base: Indicated: 11.3 Mt at 2.13 per cent CuEq (1.23 per cent copper, 1.27 per cent zinc, 0.46 gram per tonne gold and 31.9 g/t silver); Inferred: 7.2 Mt at 2.21 per cent CuEq (1.56 per cent Cu, 0.17 per cent Zn, 0.87 g/t Au and 7.4 g/t Ag). The B26 project is strategically located just seven km southeast of the formerly producing Selbaie mine. This proximity provides the project with access to key infrastructure required for potential mine development. In addition to the B26 deposit, Abitibi's portfolio includes the Beschefer gold project, and historical drilling has identified four notable, historical intercepts with a metal factor of over 100 g/t gold highlighted by 55.63 g/t gold over 5.57 m (BE13-038) and 13.07 g/t gold over 8.75 m (BE12-014) amongst four modelled zones. These promising findings highlight the potential for further gold discoveries within the project area. We seek Safe Harbor.
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