September 23, 2026, Toronto, ON - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (OTCQB: TTTMF) (FSE: O4N) is pleased to provide an update on recent exploration activities on its exploration properties in Northwestern Ontario.

President and CEO, Andrew Ramcharan stated,

“Total Metals is advancing its flagship High Lake asset, one of the most compelling growth opportunities in its portfolio. Planned work includes expansion and infill drilling designed to scale the existing mineral resource, supported by regional programs aimed at refining future drill targets. The Company is fully permitted and funded to execute its 2026 drilling program.”

High Lake and Menary Field Activities

The Company’s technical team of geologists completed a program of reconnaissance field investigation and sampling at two of the company’s exploration properties; High Lake and Menary located near Kenora in Northwestern Ontario. Where surface rock exposure was adequate, an attempt was made to obtain a representative chip sample across the vein or mineralized feature. Grab samples were only taken if the structure was not fully exposed or because of the limits of the rock exposure. All samples were submitted for analysis and will be reported shortly after results have been received.

At High Lake, the team visited the Purdex zone which contains an existing current mineral resource as well as other occurrences at the western part of the property that have seen varying levels of historic work. All-season drill access to both areas has been confirmed. A total of 9 mineralized samples were taken at various property occurrences. At the Purdex area, observations and structural measurements support a working model that the orebody is orientated at a steep plunge to the northwest at the confluence of intersecting structures. This working model will be tested in an upcoming drill program. 

Figure 1. High Lake Geophysical Map showing key targets

Figure 2. High Lake Vertical Long Section depicting extension potential at depth

At the Menary property, all-season drill access was confirmed by the team and historic high-grade gold trenches and pits were located. Historic trenched and pitted zones were investigated to fully understand the orientation of quartz vein structures in order to inform drill planning. A total of 11 variably mineralized quartz vein samples were collected including one containing visible gold. 

Next Steps

Over the coming weeks, the Company expects to achieve key milestones across its exploration portfolio, significantly accelerating project development:

• Initiate drilling on the Purdex Zone at High Lake 

• Submit a series new early exploration permits at High Lake for drilling that will support the next stage of target evaluation and growth 

• Upon completion of a high-resolution airborne magnetics survey, prepare and submit an early exploration permit for Menary

• At Pick Lake, planning is under way to initiate a gravity survey to identify new additional targets in addition to near surface targets identified within the forint of the historic resource

• Near-term planned activity for West Hawk Lake includes core re-logging and infill sampling as well as well as further evaluation of property geologic ahead of eventual preparation of an exploration permit. 

  
  

Qualified Person

Robert Penczak, M.Sc., P.Geo (Ontario), Vice President of Exploration for the Company and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information used in this news release.

About Total Metals Corp.

Total Metals Corp. is focused on developing and advancing its high-grade gold and critical mineral assets located in Eastern Canada. The Electrolode Project is targeting high-potential critical mineral plus gold resources and targets in three favorable geologic trends, located near major mines in the Red Lake Gold camp and is strategically located between Kinross Gold’s Great Bear Project and First Mining Gold’s Springpole Project. The Electrolode Project is fully permitted for exploration drilling and hosts 10 historic mineralized zones with significant expansion potential plus new, untested targets ready for further exploration. Total Metals also owns 100% of the High Lake and West Hawk Lake Project covering 958 hectares in two gold properties located along the Trans-Canada Highway straddling the Manitoba / Ontario border. The Purdex Zone on the High Lake property has significant exploration potential and will be the primary target for initial exploration and potential future mining activities. The West Hawk Lake property is comprised of a single mineral lease, located within southeastern Manitoba.  The Company has an option on the Menary gold property, strategically located in the Kenora Mining Division of Ontario, sharing a common southern boundary with the Rainy River claims being acquired by Coeur Mining, Inc. ("Coeur") following its ~US$7 billion acquisition of New Gold Inc. The most recent addition to the Company is the Pick Lake property, consisting of 75 claims and a mining lease covering over 5,260 hectares, accessible via a road connected to the Trans-Canada Highway to the south. The Pick Lake critical minerals deposit has an average strike length of approximately 250m and a depth extension tested between 300 to 1200m.

www.totalmetalscorp.com

Cautionary Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in its policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release. 

Tyler Thorburn

Investor Relations 

info@totalmetalscorp.com

(416) 873-7662

Forward-Looking Information

This press release includes “forward-looking information” that is subject to assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements in this news release which are not purely historical are forward looking.  Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management’s best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.

The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the TSX-V. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.