Mr. Timothy Ko reports

CLARITY ACQUIRES 80% INTEREST IN IDAHO COPPER PROJECT

Further to the news release dated Sept. 23, 2026, Clarity Metals Corp. has completed the acquisition of an 80-per-cent interest in and to certain mineral claims located in Lemhi county, Idaho, from the vendor, which claims are collectively known as the Bobcat project. The acquisition was completed through the company's new incorporated wholly owned Nevada subsidiary, Critical Copper Nevada Corp. The balance of the interest in the property is owned by Kluane Capital FZCO and Cloudbreak Discovery PLC, each of which has a 10-per-cent carried interest in the property until Clarity obtains a positive prefeasibility study concluding that the development of the property is technically feasible and economically viable, after which the parties intend to form a joint venture to develop the property.

Project highlights:

• Historic mapping indicates a large alteration footprint indicative of a porphyry system;
• Historic drill results including 100.13 metres containing 0.36 per cent copper from 74.83 m in DDH BC-1:
  • Including 32.01 m of 0.57 per cent copper from 134.11 m;
• Lang mine patent claim:
  • 1930s underground gold producer (approximately 5,000 ounces reported) on a north-south shear on Napoleon Ridge, with a six-metre chip sample in the crosscut returning 1.55 grams per tonne gold; the structure is untested at depth;
  • 20.66-acre small internal block demonstrative of the overarching system.

Pursuant to the agreement, Clarity issued to the vendor 20 million units with a deemed price of five cents per unit, with each unit composed of one common share in the capital of the company and one warrant entitling the holder thereof to acquire one additional share at an exercise price of 10 cents per warrant share until Oct. 13, 2031.

The shares, warrants and the shares to be issued on exercise of the warrants will be subject to a statutory four-month-and-one-day hold period from the date of issuance. No finders' fees were paid in connection with the acquisition.

About the Bobcat project

Located 20 kilometres north of Salmon, Idaho, centrally located near the northern border with Montana, the property comprises 50 unpatented lode mining claims covering approximately 418.63 hectares in Lemhi county, Idaho, within the Salmon-Challis National Forest. The property hosts a copper porphyry system associated with an Eocene intrusive complex. To date, two mineralized centres have been identified, across a district-scale alteration footprint. Historic exploration by Cominco American, Corona and BHP between 1977 and the mid-1990s included geological mapping, soil and rock geochemistry, induced polarization surveying, and diamond drilling, which confirmed copper mineralization at surface and at depth, including a potential zone of supergene chalcocite enrichment. Surface sampling completed in 2019 confirmed widespread porphyry-style alteration and copper mineralization across the property. Portions of the system, including copper mineralization exposed on the western flank of Napoleon Ridge, remain untested by drilling.

Highlights of historic work include drilling conducted by Cominco American Inc. between 1977 and 1981 tested the Bobcat Gulch porphyry system with five widely spaced diamond drill holes totalling approximately 6,549 feet (1,996 metres). Reported results include 100.13 m of 0.36 per cent copper from 74.83 m, including 32.01 m of 0.57 per cent copper from 134.11 m, in hole BC-1; as well as 44.20 m grading 0.27 per cent copper in hole BC-2 starting from 60.35 m; and 2.44 m of 1.02 per cent copper within chalcocite mineralization in hole BC-5. The chalcocite is interpreted to represent a supergene enrichment blanket.

Additional work conducted on the property includes soil and rock sampling, ground induced polarization and electromagnetic surveys, and drilling was completed on the property by subsequent operators through the mid-1990s. The property surrounds the Lang mine, which is a small, 20.66-acre, patented lode claim over the historic underground operation on the eastern side of Napoleon Ridge. Reported production was approximately 5,000 oz gold.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Rory Kutluoglu, BSc, PGeo, a qualified person as defined under National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Mr. Kutluoglu is a professional geologist registered with Engineers and Geoscientists British Columbia (EGBC) and a fellow of both the Society of Economic Geologists and Geological Society of London.

About Clarity Metals Corp.

Clarity Metals is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and base metal projects. Clarity's exploration mandate is global and focused on countries with established legal and regulatory systems supporting mining investment. The company's flagship asset is the Fecteau gold project, covering approximately 5,247.47 hectares in Quebec's Abitibi greenstone belt, situated proximal to Gold Fields' Windfall project (acquired from Osisko Mining Inc.) and Bonterra Resources' projects. The company is based in Vancouver, B.C., and is listed on the Canadian Securities Exchange under the symbol CMET.

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