Finex Metals drills 9.85 m of 1.23 g/t Au at Ruoppa

Executive Summary

• Finex Metals Ltd. reports initial assay results from the first five drill holes of its maiden diamond drill program at the Ruoppa East target of its 100%-owned Ruoppa gold project in Finland.
• The drilling program, completed in August and September 2025, consisted of 14 holes totaling 2,483 meters; results for the first five holes confirm the presence of orogenic quartz-carbonate veins with gold mineralization.
• Nine additional drill holes are pending assay results, which will test distinct vein targets and cover approximately two-thirds of the maiden program.

Key Details

• Drill Program Scope: 14 drill holes totaling 2,483 metres completed in August and September 2025.
• Hole RUO25D001 (Best Intercept):
  • Intersected 9.85 metres averaging 1.23 grams per tonne gold (g/t Au).
  • Included high-grade interval: 0.95 metre at 5.79 g/t Au.
  • Intercept started at 41.05 metres depth.
• Geological Findings:
  • Intersections consist of orogenic quartz-carbonate veins consistent with surface sampling.
  • Results clarify vein geometries, showing a south-dipping vein swarm which provides a vector for follow-up targeting.
  • Ruoppa East represents a 200-metre segment of a larger 2.7-kilometre-long gold mineralized corridor.
• Mineralization Characteristics:
  • Gold values in quartz veins are visually associated with sulphide mineralization, dominantly pyrite and arsenopyrite.
  • Gold grades in drill holes are systematically lower than previous surface grab samples, attributed to dilution by less mineralized wall rock between veins not captured in trench sampling.
• Pending Work: Assays for nine additional drill holes are pending, including holes testing several distinct vein targets.
• QA/QC: Samples analyzed by MSALABS (Vancouver) using lead-collection fire assay for gold and ICP-MS/ES for 48 additional elements. Laboratories are accredited to ISO/IEC 17025 standards.

Notable Quotes

• "We have received an initial batch of assay results which offer early insights at Ruoppa East, although these results represent only approximately one-third of our maiden drill program and tested a small segment of the delineated gold corridor at Ruoppa. The style of mineralized quartz-carbonate veining encountered thus far gives us confidence we are in a gold-rich, structurally controlled environment comparable to other orogenic-vein-related gold systems found within Finland and worldwide." — Tero Kosonen, President and CEO