Mr. Rishi Kwatra reports

MOLTEN METALS COMPLETES AIRBORNE GEOPHYSICAL SURVEY AT TEXAS PROJECT

Molten Metals Corp. has successfully completed an airborne mobile magnetotelluric (MobileMT) geophysical survey over its Texas project in British Columbia. The survey was completed over two days, on May 1, 2026, and May 2, 2026, with a total of 360 line kilometres flown in an N45-degree direction.

The survey provides critical subsurface data that will help refine future exploration campaigns and identify high-priority drilling targets at depth. The resulting geological models will allow the company to focus resources on the most prospective areas of the property. Data processing and interpretation are currently under way, with findings to inform upcoming exploration decisions.

As part of its continuing portfolio optimization strategy, Molten Metals Corp. has decided to allow the claims for the Gathering Lake and Triangle Lake projects to lapse. This decision will enable the company to reallocate its resources toward higher-priority opportunities while maintaining a disciplined approach to capital management.

"The data collected from the MobileMT survey represents a key milestone in our exploration efforts at the Texas project," said Risha Kwatra, chief executive officer. "We are excited to advance our interpretation of this data and refine our targeting for future drill programs."

The company is also pleased to announce its election to rely upon Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, and move to semi-annual financial reporting (SAR). The blanket order allows eligible venture issuers to voluntarily move from quarterly to semi-annual financial reporting. By adopting SAR, the company aims to reduce the administrative and financial burden associated with quarterly reporting.

Under the blanket order, the company will be exempt from filing interim financial reports and related management's discussion and analysis (MD&A) for its first and third quarters. As a result, the company will not file interim financial statements and related MD&A for the three-month period ending March 31, 2026, and nine-month period ending Sept. 30, 2026. The company will continue to file audited annual financial statements and MD&A (due within 120 days of Dec. 31) and six-month interim financial statements and MD&A (due within 60 days of June 30).

The company confirms it meets the blanket order's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million, having a disclosure record of over 12 months, and having filed all required periodic and timely continuous disclosure documents.

Qualified person

The technical content of this news release has been reviewed and approved by Babak V. Azar, PGeo, a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, and who is independent of the company.

About Molten Metals Corp.

Molten Metals is a North American mineral acquisition and exploration company focused on the development of quality properties that are drill ready with high upside and expansion potential.

We seek Safe Harbor.