Significant Gold and Copper Potential at Oceania Project

Executive Summary

• Sankamap Metals reports new surface sampling at the Meriguna Target on its 24,000‑ha Fauro property, confirming historic high‑grade gold mineralization and supporting a larger Cu‑Au system.
• Recent grab samples from the nearby Kiovakase Target returned up to 19.25 g/t Au and 4.09 % Cu, the highest copper grades reported to date on the property.
• The company outlines a phased 2026 exploration program aimed at expanding sampling, conducting geophysical surveys, and designing a focused drill campaign to test extensions of known mineralization.

Key Details

• Historical Context:
• Drill intercepts up to 35 m @ 2.08 g/t Au; trench results 8 m @ 27.95 g/t Au; rock samples as high as 173 g/t Au at Meriguna.
• Recent Sampling Results:
• Kiovakase Target – grab samples 19.25 g/t Au, 4.09 % Cu (press release July 16 2025).
• Meriguna Target – fifteen preliminary grab samples collected (Nov 2025); visual gold observed in artisanal alluvial workings.
• Geological Significance:
• Fauro lies on a regional Cu‑Au trend that hosts major deposits such as Panguna and Lihir.
• Targets are situated along the rim of an ancient volcanic caldera, indicating potential for both epithermal gold and underlying porphyry systems.
• Quality Assurance:
• Samples processed at ALS Global (Brisbane) under ISO/IEC 17025‑compliant procedures; fire assay used for Au analysis.
• 2026 Exploration Plan:
• Continue systematic surface sampling to validate historic results.
• Follow‑up geophysical surveys targeting porphyry and epithermal signatures, if warranted.
• Integrate new data with existing datasets to define high‑priority drill targets for a 2026 drilling campaign.
• Management Comment (CEO John Florek): Emphasized the continuity of mineralization across Kiovakase and Meriguna and the strong potential for significant gold and copper deposits on Fauro.

Notable Quotes

“Sankamap is actively advancing two significant mineralized systems within its 100 %‑owned Oceania Project… Recent sampling at the Kiovakase Target has yielded high‑grade gold values of up to 19.25 g/t Au and standout copper values reaching 4.09 % Cu, supporting potential for a porphyry system at depth.” – John Florek, CEO

Materiality Assessment: Material – Positive** (the update provides materially significant exploration results that could impact the company’s valuation and future development plans).