17:41:09 EST Thu 12 Nov 2026
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Meta Critical Minerals Inc
Symbol MTTA
Shares Issued 135,360,205
Close 2026-11-12 C$ 0.08
Market Cap C$ 10,828,816
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Meta Critical conducts lidar survey at Table Mountain

2026-11-12 17:05 ET - News Release

Mr. Rana Vig reports

META CRITICAL MINERALS COMPLETES HIGH-RESOLUTION LIDAR SURVEY AT ITS 100% OWNED TABLE MOUNTAIN HIGH-PURITY SILICA PROJECT, GOLDEN, BRITISH COLUMBIA

Meta Critical Minerals Inc. has completed a high-resolution airborne lidar (light detection and ranging) survey over its 100-per-cent-owned Table Mountain high-purity silica project. The project lies about four kilometres east of Golden, B.C. The new survey was flown by ClaimHunt Inc., a British Columbia registered contracting company, and it covered approximately 5.3 square kilometres (km).

Management commentary

Yannis Tsitos, president of Meta, commented: "Completing the lidar survey gives us a detailed, three-dimensional picture of Table Mountain that we have not had before. On a forested property like this, lidar strips away the tree cover and shows us the shape of the quartzite ridges and the structures that control them. Together with our maiden drill program now under way, it will give us the base we need for an updated resource estimate and a preliminary economic assessment. The work also fits our plan to build Table Mountain into a reliable, Canadian source of high-purity silica for the solar, semiconductor and advanced-materials supply chains. We will keep the market informed as drill results and the integrated lidar interpretation come in."

Lidar survey details and use of lidar data

The UAV-borne (unmanned aerial vehicle) lidar survey was flown in September, 2026, to complement ground toward the southeast of the company's 2025 lidar survey, which had a coverage of 4.8 square km. With lidar data and high-resolution orthophoto processing now in progress, the combined lidar coverage will total 10.1 square km. Therefore, there is now full coverage from the northern edge of the property to the logging road that provides access to the southeastern base of Table Mountain from the Trans-Canada Highway, inclusive of the main zone of silica mineralization, the 2025 MRE and the current diamond drilling locations.

The survey was designed to see through the dense forest that covers parts of the project. The lidar data give the company a modern, accurate base for all further work at Table Mountain. It will be used for the following:

  • Geological mapping: The bare-earth model shows ridges, breaks in slope and linear features that reflect the outcrop pattern of the Mount Wilson quartzite and its contacts. Field crews can use this to refine the geological model and prioritize targets along the project's up to 11 km of mapped strike.
  • Resource estimation: An accurate topographic surface is a key input for an updated mineral resource estimate. Drill collars will also be surveyed against the lidar surface (1).
  • Engineering and the PEA (preliminary economic assessment): The data will support the production of a preliminary economic assessment, as well as site access and infrastructure (1).
  • Environment and access: The survey supports baseline environmental and archaeological studies, drainage mapping, and planning of further drill pads and access trails with minimal disturbance.

Finally, the survey complements the company's maiden diamond drill program at Table Mountain, which started on Oct. 8, 2026.

(1) Mineral resources that are not mineral reserves do not have demonstrated economic viability. No preliminary economic assessment, prefeasibility study or feasibility study has been completed on Table Mountain, and no mineral reserves have been established. There is no certainty the project will advance to a production decision.

Qualified person

Technical information in this news release has been reviewed and approved by Case Lewis, PGeo, a qualified person as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects, and a director of the Table Mountain project vendor.

About Meta Critical Minerals Inc.

Meta Critical Minerals is a well-financed, publicly listed mining company focused on building shareholder value through the acquisition, exploration and development of strategically located critical mineral assets. The company is advancing a portfolio of projects targeting silica (silicon), zircon (zirconium), titanium, scandium, vanadium and rare earth elements, commodities that are essential to advanced manufacturing, defence systems, green power generation and electrification, and emerging technologies. Meta's assets are located in jurisdictions characterized by strong and growing demand for critical minerals, spanning Canada, the United States and Central-East Asia. The company's strategy emphasizes near-term production potential, disciplined capital allocation and the development of assets capable of supporting a transition to cash-flow-generating operations, with the objective of delivering sustainable long-term value to shareholders, host communities and regional stakeholders.

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