XXIX Metal completes survey at Thierry project

Executive Summary

• XXIX Metal Corp. completed a 73.5 line-kilometre induced polarization (IP) survey at its Thierry project, marking the first systematic and detailed IP survey on the property.
• The survey identified strong IP anomalies indicating potential sulphide mineralization between the K1 and K2 deposits, as well as broad conductive corridors suggesting district-scale exploration targets.
• The company is nearing completion of a full database validation and reinterpretation of the K2 deposit, leveraging over 210,000 metres of drilling data to prepare for an active 2026 exploration season.

Key Details

• Survey Scope: Completed 73.5 line km of IP surveying over three grids (E, K, and L) to advance target definition along the broader Thierry trend.
• Anomaly Identification:
  • Between K1 and K2 (Grids East and L): A wide anomaly extends for more than 2.5 km along a contact between geophysical domains, highlighting multiple new drill targets and potential sulphide accumulation.
  • East of K1 (Grids E and K): Outlined a broad, highly conductive corridor spanning greater than 6.5 km, supporting a district-scale target trend.
  • West of K2 (Grid West): Mapped a wide conductive horizon over approximately 1.5 km that remains open at both ends; this area has not been tested previously.
• Data Integration: Results were processed and interpreted together with 25.6 line km of historical IP surveys completed in 2011, generating unique project-scale IP interpretation maps.
• Database Reinterpretation: XXIX is nearing completion of a full database validation and reinterpretation of the K2 deposit, utilizing a proven process similar to that used for K1 and Opemiska. The Thierry database contains over 210,000 metres of drilling.
• Future Plans: Thierry is positioned for an active 2026 exploration season, with intentions to advance understanding of the property, explore the potential connection of K1 and K2, and pursue high-potential targets for follow-up drill testing.
• Technical Approval: Technical information reviewed and approved by Denis McNichols, PGeo, and Geo, vice-president, exploration, a qualified person as defined in National Instrument 43-101.

Notable Quotes

• "Thierry is positioned for an active 2026 exploration season, where the company intends on advancing its understanding of the Thierry property and the potential connection of K1 and K2, while honing in on high-potential targets generated for follow-up drill testing."