Abitibi Metals drills 7.3 m of mineralization at B26

Mr. Jonathon Deluce reports ABITIBI METALS EXPANDS B26 MINERALIZATION: 150M STEP-OUT CONFIRMS CONTINUED GROWTH IN THE WESTERN DOWN-PLUNGE Abitibi Metals Corp. has provided an update on the progress of its continuing phase 3 drill program at the B26 polymetallic deposit in Quebec. Drilling continues to successfully intersect mineralization beyond the current mineral resource estimate (MRE), confirming the expansion of the mineralized footprint. The company currently owns 50 per cent of the B26 deposit and retains the option to earn an additional 30 per cent from Soquem Inc., a subsidiary of Investissement Quebec (see news release dated Nov. 16, 2023). Highlights: 150-metre stepout confirms expansion potential: Drill hole 1274-25-373-W1 intersected approximately 27 metres of mineralization, including a visually identified potential high-grade core of 7.3 metres of strong copper-gold stringer-style mineralization. This intersection extends well beyond the current resource boundary at depth within the key western plunge target. Visual observations confirm the presence of copper stringers and semi-massive mineralization within the targeted western down-plunge corridor. Assays are pending and will be released once available. Western down-plunge growth confirmed: Stepout drilling intersected mineralization 150 m down-plunge (373-W1) and 100 m (269-W2b), both outside the current model. Three rigs are now advancing this high-grade corridor. Open, expanding system: Phase 3 visuals show strong continuity across the B26 horizon, which remains open in multiple directions, highlighting significant growth potential. Strengthening one of Quebec's most active copper projects: With expansion success across multiple zones, B26 is solidifying its position as one of Quebec's most advanced copper-gold growth stories. As of this release, 21 holes have been completed in phase 3 and a total of approximately 17,500 metres drilled to date, including holes drilled prior to breakup. Given the strong preliminary high-grade results on the western down-plunge, three drill rigs are now targeting in high-priority expansion of those specific zones of the B26 mineralized system. Jonathon Deluce, chief executive officer of Abitibi Metals, stated: "The expansion of the mineralized system along the western down-plunge is exactly the type of result we set out to achieve with our phase 3 drill program. These results confirm the strength of our model and provide a clear path for potential resource growth, reinforcing B26 as one of the most exciting high-grade copper-gold projects in Quebec." B26 -- phase 3 drill program update Abitibi has strategically designed multiple key stepout holes aimed at testing and expanding the boundaries of the current resource model. Early visuals and preliminary core analysis confirm significant potential for further mineralization growth. Phase 3 program progress highlights include: 1274-25-373-W1: Hole 373 W1 intersected 7.3 metres (from 1,285.0 to 1,292.3 metres) of approximately 10 per cent chalcopyrite stringers and semi-massive mineralization, hosted within a strongly chloritized felsic pyroclastic sequence within an overall mineralized 27-metre zone. This style of mineralization is characteristic of the copper stringer zone within the B26 orebody. The hole was drilled from south to north and intersected the zone at an excellent core angle of approximately 80 degrees, making the 7.3-metre interval close to true thickness. The new access developed during the summer now enables drilling from south to north, allowing for improved core angles and more accurate interpretation of the mineralized zones. Focused drilling on the growth of the key western down-plunge corridor: Rig 1 (2,000 m planned): Drilling is focused on advancing the definition of high-grade zones recently confirmed by hole 269W3, with three additional holes planned to further outline the continuity and structural expansion of this promising zone. Rigs 2 and 3 (3,350 m and 3,920 m planned): Both rigs are aggressively testing the open western down-plunge corridor, targeting open-ended mineralized zones with 150-to-160-metre grid spacing. This stepout drilling aims to significantly expand tonnage and extend the mineralized footprint, reinforcing the strong growth potential at B26. Qualified person The scientific and technical content of this news release has been reviewed and approved by Louis Gariepy, PEng (OIQ No. 107538), vice-president, exploration, of Abitibi Metals, who is a qualified person within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects. About Abitibi Metals Corp. Abitibi Metals is a Quebec-focused mineral acquisition and exploration company focused on the development of quality base and precious metal properties that are drill ready with high upside and expansion potential. Abitibi's portfolio of strategic properties provides target-rich diversification and includes the option to earn 80 per cent of the high-grade B26 polymetallic deposit, which hosts a resource estimate of 11.3 million tonnes at 2.13 per cent copper equivalent (indicated) (1.23 per cent copper, 1.27 per cent zinc, 0.46 gram per tonne gold and 31.9 grams per tonne silver) and 7.2 million tonnes at 2.21 per cent copper equivalent (inferred) (1.56 per cent copper, 0.17 per cent zinc, 0.87 gram per tonne gold and 7.4 grams per tonne silver), and the Beschefer gold project, where historical drilling has identified four historical intercepts with a metal factor of over 100 grams per tonne gold, highlighted by 55.63 grams per tonne gold over 5.57 metres (BE13-038) and 13.07 grams per tonne gold over 8.75 metres (BE12-014) amongst four modelled zones. We seek Safe Harbor.