Mr. Hugh Rogers reports

NEXCEL COMPLETES AIRBORNE GEOPHYSICAL SURVEY AT BURNT HILL AND PROCEEDS TO DATA SET ANALYSIS FOR DRILL TARGET DEFINITION

Nexcel Metals Corp. has successful completed its airborne geophysical survey program at its Burnt Hill tungsten project located in New Brunswick, Canada. The survey was conducted by Xcalibur MPH (Canada) Ltd. utilizing the company's advanced HeliTEM helicopter-borne time-domain electromagnetic (TDEM) and magnetic system.

The airborne survey program covered approximately 1,755 line kilometres across the Burnt Hill project and was designed to identify conductive mineralization associated with tungsten-bearing systems and related intrusive structures at depth. The survey incorporated 100-metre-line spacing with 1,000-metre tie lines and deployed a 21-metre transmitter loop HeliTEM system capable of detecting deep conductive bodies through low-noise receivers and long on-time waveform technology.

The company also announces that it has engaged Condor North Consulting ULC to complete the processing, interpretation and analysis of the airborne geophysical data collected by Xcalibur, along with historical geological and geophysical data sets from the Burnt Hill project.

Condor will conduct a comprehensive analysis program integrating the newly acquired HeliTEM data with historical DIGHEM electromagnetic surveys, induced polarization (IP) surveys, ground magnetic surveys, geological mapping, geochemical data and historical drilling information. The objective of the program is to establish and refine a modern geophysical targeting model for Burnt Hill and prioritize high-quality drill targets for the company's planned phase 1 drill program.

Key components of Condor's analysis program include:

• Layered earth inversion processing of both DIGHEM and HeliTEM electromagnetic data sets;
• Derivation of conductivity parameters including AdTau conductivity analysis;
• Merging and advanced processing of airborne magnetic data sets to create a comprehensive magnetic interpretation model;
• 2-D inversion and 3-D modelling of historical induced polarization data;
• GeoInterp geological interpretation and structural analysis of the integrated geophysical data set;
• Identification and ranking of conductive and structural targets associated with tungsten, molybdenum and tin mineralization across the Burnt Hill property.

Condor's work is expected to generate a series of advanced targeting products including conductivity depth slices, interpreted structural models, ranked conductor maps, MultiPlot geophysical sections, GIS deliverables, and a final interpretive report to support drill targeting and future exploration planning.

Hugh Rogers, chief executive officer of Nexcel Metals, commented:

"The successful completion of the airborne survey represents another significant milestone in advancing the Burnt Hill tungsten project toward drilling. The high-resolution HeliTEM survey has provided Nexcel with a modern and extensive geophysical data set over one of North America's most historically significant tungsten districts.

"We are also very pleased to engage Condor North Consulting, a highly respected geophysical consulting group with extensive expertise in advanced geophysical interpretation and mineral targeting. By integrating the new HeliTEM data with historical geophysical and geological data sets, we believe the company will be in a strong position to identify and prioritize high-quality drill targets ahead of our proposed initial drill program."

About Condor North Consulting ULC

Condor North Consulting is a geophysical consulting and mineral exploration services firm specializing in advanced geophysical data processing, interpretation, and geological targeting for mineral exploration projects globally. The company provides integrated geophysical consulting services utilizing electromagnetic, magnetic, induced polarization and GeoInterp analytical methodologies to assist exploration companies in identifying and prioritizing mineral targets.

About Xcalibur MPH (Canada) Ltd.

Xcalibur is a leading provider of airborne geophysical services, offering advanced technologies and high-resolution data acquisition worldwide. The company specializes in electromagnetic, magnetic and gravity surveys for mineral exploration.

Qualified person

Francis Newton, PGeo, a consultant of the company and a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed, verified and approved the scientific and technical information contained in this news release. Mr. Newton is not independent of the company.

About Nexcel Metals Corp

Nexcel Metals is a junior mining company engaged in the acquisition, exploration and development of mineral properties. The company is currently focused on the Lac Ducharme project located in the province of Quebec and the Burnt Hill project located in the province of New Brunswick.

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