09:22:43 EDT Wed 20 May 2026
Enter Symbol
or Name
USA
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Ramp Metals Inc.
Symbol RAMP
Shares Issued 45,789,305
Close 2026-05-19 C$ 0.265
Market Cap C$ 12,134,166
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ORIGINAL: Ramp Metals Expands Rush VMS System; Drills 7.4m of 1.01% Cu, 7.07% Zn, and 10.11 g/t Ag in 55m Step-Out Hole in Rush-015, and Drills 25.9m of Mineralization in Rush-012

2026-05-20 07:31 ET - News Release

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to report a 7.4m intercept grading 1.01% Cu, 7.07% Zn, and 10.11 g/t Ag over 7.4m from 129.6 to 137m in the Rush-015 drill hole at the Company's Rottenstone SW property. Rush-015 represents a 55m step-out to the South from the mineralization intersected in Rush-012 which returned 0.72% Cu, 11.99 g/t Ag, 1.71% Zn, and 0.41% Pb over 25.9m from 42 to 67.9m. The Company has also been approved for a reimbursement of $150,000 from the 2025-2026 Targeted Mineral Exploration Incentive (TMEI) program in Saskatchewan.

Key Highlights:

  • Rush-015: 7.4m (129.6-137m) of 1.01% Cu, 7.07% Zn, 10.11 g/t Ag, 0.03 g/t Au, and 0.11 % Pb
    • Including 4.1m (129.6-133.7m) of 1.55% Cu, 9.57% Zn, 9.47 g/t Ag, and 0.03 g/t Au.
    • Also intersected 1m (147-148m) of 2.19 g/t Au outside of the main mineralized intercept and located 11m from the end of hole (158m).
  • Rush-012: 25.9m (42-67.9m) of 0.72% Cu, 11.99 g/t Ag, 1.71% Zn, and 0.41% Pb
    • Including a 4.5m (43-47.5m) copper-rich zone grading 2.03% Cu, 22.83 g/t Ag, and 1.58% Zn.
    • Also including a 6m (54.5-60.5m) zinc-rich zone grading 5.04% Zn, 0.50% Cu, 12.60 g/t Ag, and 1.20%.
  • Rush-013: 4.0m (144.5-148.5m) of 0.78% Cu, 0.03% Zn, 15.18 g/t Ag, 0.29 g/t Au, and 0.01% Pb
    • Also intersected 5m (122-127m) of 0.41% Cu, 0.04% Zn, 30.20 g/t Ag, 0.04 g/t Au, and 1.76% Pb.

"The mineralization intersected in Rush-015 represents the most significant high-grade intercept that we have intersected to date at Rush," stated Garrett Smith, VP of Exploration for Ramp Metals. "The location of the mineralization is important, as it extends the mineralization at depth and demonstrates a potential link between the two zones we discovered in the 2025 program."

The Company has now completed its 2026 winter/spring drill program. A total of 16 drill holes comprising 3,817.06m was drilled over 72 days. See Table 2 for coordinates, drill hole characteristics and current assay status. Six different anomalies across the property were tested; Rush, Rush Satellite 1, Rush Satellite 2, Runway, Redridge, and Ranger (Figure 1).

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Figure 1: Drill hole locations and traces for the Winter 2026 Drill Program

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Table 1: Rush-012, Rush-013, and Rush-015 Highlight Assay Results. True widths have not been determined.

Hole IDFrom (m)To (m)Length (m)Cu %Zn %Ag g/tAu g/tPb %
Rush-0124267.925.90.721.7111.990.040.41
including4347.54.52.031.5822.830.090.14
including54.560.56.00.505.0412.600.031.20
  






Rush-0131221275.00.410.0430.200.041.76
Rush-013144.5148.54.00.780.0315.180.290.01
Rush-013152153.51.50.510.0121.100.580.05
Rush-0131811865.00.450.023.040.050.00
 







Rush-015242.00.330.012.950.570.01
Rush-015129.61377.41.017.0710.110.030.11
including129.6133.74.11.559.579.470.030.02
Rush-0151471481.00.020.08<0.52.190.02

 

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Figure 2: Rush Drill hole overview and results

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Rush-012

Drilled from the same location as Rush-011, Rush-012 was designed to test below and adjacent to the mineralization encountered in the 2025 drill hole Rush-010, which intersected 27m (18-45m) of 0.78% Cu, 1.91% Zn, 0.53% Pb, 12.71 g/t Ag (August 5th, 2025 News Release). Rush-012 targeted beneath an outcrop found during the Fall 2024 field season, resulting in surface rock samples that returned values of up to 1.61% Cu, 113 g/t Ag, and 0.79 g/t Au (January 20th, 2025 News Release).

Rush-012 intersected a significant interval of mineralization ranging from disseminated to semi-massive sulphides. Assays returned 25.9m (42-67.9m) grading 0.72% Cu, 11.99 g/t Ag, 1.71% Zn, and 0.41% Pb, including a 4.5m (43-47.5m) copper-rich zone grading 2.03% Cu, 22.83 g/t Ag, and 1.58% Zn. Rush-012 also included a 6m (54.5m-60.5m) zinc-rich zone grading 5.04% Zn, 0.50% Cu, 12.60 g/t Ag, and 1.20% Pb. This result extends the previously identified mineralization in Rush-010 at depth and remains open.

Rush-013

Rush-013 intercepts include 5m (122-127m) grading 0.41% Cu, 30.24 g/t Ag, and 1.76% Pb, along with 4m (144.5-148.5m) grading 0.78% Cu, 15.18 g/t Ag, and 0.29 g/t Au. Two other reportable intercepts were also encountered in this hole where disseminated sulphides were noted in the core. These intercepts include 1.5m (152-153.5m) grading 0.51% Cu, 21.10 g/t Ag, 0.58 g/t Au, and 5m (181-186m) grading 0.45% Cu, 3.04 g/t Ag. This extends the mineralization at depth and further to the west. Mineralization remains open.

Rush-015

Designed to test between the Discovery Zone (Rush-001, 002, 003, 009) and the mineralization encountered in Rush-010, 011, and 012, Rush-015 intersected 7.4m from 129.6 to 137m of 1.01% Cu, 7.07% Zn, 10.11 g/t Ag, 0.03 g/t Au, and 0.11 % Pb, including 4.1m from 129.6 to 133.7m of 1.55% Cu, 9.57% Zn, 9.47 g/t Ag, and 0.03 g/t Au. In addition, a 1m intercept of 2.19 g/t Au was returned from 147-148m, which is located outside the main intercept of mineralization. This 1m intercept is located only 11m from the end of hole, which terminated at 158m.

Rush-015 represents a 55m step-out to the South towards the Discovery Zone from the mineralized intercept in Rush-012 (Figure 2). This extends the mineralization along strike and at depth. Mineralization remains open.

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Figure 3: Rush-015 Boxes 37, 38 & 39; 127.85-138.5m

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Table 2: All Drill Hole Locations from Winter 2026 Drilling. All Coordinates are in UTM NAD83 Zone 13.

Hole IDDepth (m)AzimuthDipEastingNorthingElevationStatus
Rush-011155134-634878946212262464Assays Received
Rush-012167145-554878946212262462Assays Received
Rush-013218320-574879526212167459Assays Received
Rush-014329285-574879526212165460Assays Pending
Rush-015158137-554878506212235450Assays Received
Rush-016347294-574879446212135453Assays Pending
Rush-017296260-504879446212135453Assays Pending
Rush-018260270-504879156212106454Assays Pending
Rush-019269280-634878536212073462Assays Pending
RS1-001271314-594888246212695444Sampling
RS2-001230317-574871876212372420Sampling
RW-001260136-674864576200736410Sampling
RR-001242.06130-544912626202174434Sampling
RR-002230135-604914106202309448Assays Pending
Ranger-00921288-534928826206863410Sampling
Ranger-010173271-604928826206863410Sampling

 

Table 3: Rush-012, -013, and -015 Expanded Assay Results.
Note: A cutoff of 0.10% Cu was used, except for Rush-015 147-148m.

Hole IDFrom (m)To (m)Cu %Zn %Ag g/tAu g/tPb %
Rush-0123.140.240.020.800.010.01
Rush-012450.230.020.700.020.01
Rush-012560.110.01<0.50.010.01
Rush-012670.190.040.500.010.00
Rush-0129100.160.05<0.50.010.01
Rush-01241.5420.120.020.600.010.01
Rush-0124242.50.350.039.000.080.14
Rush-01242.5430.450.084.600.020.07
Rush-0124343.54.230.4735.300.060.01
Rush-01243.5443.380.6524.500.050.02
Rush-0124444.50.740.3015.100.130.16
Rush-01244.5450.880.6138.000.120.68
Rush-0124545.53.011.3520.900.160.07
Rush-01245.5460.962.9714.400.050.09
Rush-0124646.51.264.3013.800.060.02
Rush-01246.5471.812.2120.000.100.03
Rush-0124747.52.011.3123.500.090.17
Rush-01247.5480.300.0340.400.140.60
Rush-0124848.50.200.108.600.050.20
Rush-01248.5490.370.2110.500.030.22
Rush-0124949.50.250.222.700.010.08
Rush-01249.5500.580.8814.500.070.24
Rush-0125050.50.461.079.100.060.17
Rush-01250.5511.320.7163.300.211.24
Rush-0125151.50.330.306.000.050.10
Rush-01251.5520.250.262.200.030.02
Rush-0125252.50.330.092.600.010.02
Rush-01252.5530.500.259.000.030.21
Rush-0125353.50.390.142.700.010.03
Rush-0125555.51.382.656.800.050.27
Rush-01255.5560.262.163.700.010.05
Rush-0125656.50.713.245.600.020.52
Rush-01256.557.11.622.5315.600.090.92
Rush-01257.157.50.5410.105.500.010.54
Rush-01257.5580.258.912.100.010.14
Rush-0125858.50.1413.2431.300.013.28
Rush-01258.5590.217.3422.900.012.40
Rush-0125959.50.226.7321.700.012.31
Rush-01259.5600.201.7211.700.011.26
Rush-0126060.50.160.8813.900.011.22
Rush-0126161.50.160.712.100.010.11
Rush-01261.5620.150.361.100.000.05
Rush-0126262.50.170.161.200.000.02
Rush-01262.5630.200.251.800.010.08
Rush-0126363.50.290.998.200.010.68
Rush-01263.5640.390.113.000.000.08
Rush-0126464.50.880.226.400.020.05
Rush-01264.5651.261.009.300.020.06
Rush-0126565.50.703.8113.600.030.25
Rush-01265.5660.620.207.300.030.06
Rush-0126666.50.980.497.700.070.03
Rush-01266.5670.390.093.100.040.03
Rush-0126767.50.600.114.200.020.01
Rush-01267.567.90.330.093.800.030.01
Rush-012158158.50.140.023.400.010.01
  






Rush-0131221230.360.0325.600.051.67
Rush-0131231240.430.0431.100.042.17
Rush-0131241250.300.0320.700.031.30
Rush-0131251260.480.0433.800.052.02
Rush-0131261270.480.0439.800.051.64
Rush-013144.51451.210.0421.900.670.00
Rush-013145145.50.970.0321.600.360.00
Rush-013145.51461.800.0534.100.550.01
Rush-013146146.50.750.0316.400.450.01
Rush-013146.51470.400.026.800.070.01
Rush-013147147.50.330.034.900.070.00
Rush-013147.51480.500.0211.400.120.01
Rush-013148148.50.260.024.300.070.01
Rush-013152152.50.750.0139.800.720.12
Rush-013152.51530.380.0116.100.540.04
Rush-013153153.50.410.017.400.490.00
Rush-013153.51540.130.022.100.060.00
Rush-013170170.850.110.14<0.50.010.01
Rush-013172.51730.150.18<0.50.020.01
Rush-013177.51780.280.022.700.030.00
Rush-013178178.50.200.011.400.010.00
Rush-013181181.50.560.025.200.050.00
Rush-013181.51820.230.021.400.020.00
Rush-013182182.50.260.021.400.060.00
Rush-013182.51830.330.021.900.030.00
Rush-013183183.50.470.022.900.040.00
Rush-013183.51840.840.014.900.080.00
Rush-013184184.50.850.025.100.080.00
Rush-013184.51850.510.013.100.110.00
Rush-013185185.50.140.020.800.020.00
Rush-013185.51860.350.023.700.030.00
Rush-013186.51870.100.010.600.010.00
Rush-013187187.50.210.011.400.020.00
Rush-013188188.50.160.011.400.030.00
Rush-013190190.820.120.021.300.020.00
  






Rush-015230.190.011.500.970.01
Rush-015340.470.014.400.170.01
Rush-015670.240.011.900.040.01
Rush-015890.110.010.900.020.00
Rush-01522230.150.051.800.040.00
Rush-01523240.130.051.800.020.00
Rush-01528.1290.130.031.300.010.00
Rush-01529300.190.032.600.010.00
Rush-01532330.110.030.900.020.00
Rush-01537380.560.022.700.050.00
Rush-01567680.200.022.600.040.01
Rush-01568690.240.023.800.030.00
Rush-01573740.110.021.800.020.00
Rush-01574750.300.034.500.050.00
Rush-01575760.160.021.400.010.01
Rush-01576770.110.020.600.010.01
Rush-01577780.180.021.300.030.00
Rush-01578790.200.020.700.020.00
Rush-01579800.170.020.700.020.00
Rush-01587880.190.028.600.030.09
Rush-015100.51010.191.521.400.010.04
Rush-015103103.50.150.073.600.010.13
Rush-0151221230.110.030.800.010.07
Rush-015129.61300.8311.208.100.000.02
Rush-015130130.51.356.9610.000.030.02
Rush-015130.51312.0019.0811.100.020.01
Rush-015131131.53.5211.8914.700.040.02
Rush-015131.51321.0912.357.800.020.06
Rush-015132132.50.466.093.500.020.01
Rush-015132.51330.433.734.500.030.02
Rush-015133133.72.296.7414.000.060.02
Rush-015134.2134.60.120.307.500.070.14
Rush-015134.61350.2316.334.500.010.06
Rush-015135135.51.114.7410.400.020.10
Rush-015135.51360.351.3312.200.020.31
Rush-015136136.50.160.3012.300.010.37
Rush-015136.51370.286.3626.400.090.49
Rush-015137137.50.1411.432.400.010.04
Rush-015137.51380.166.682.500.000.07
Rush-0151411420.130.483.800.010.07
Rush-0151471480.020.08<0.52.190.02

 

QA/QC and Geochemical Sampling Procedure

All drill core samples are logged, photographed, and bagged on-site. Control samples consisting of certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's QA/QC protocol at a rate of 1:15 or better. Samples are transported by Manitoulin Transport to Bureau Veritas Commodities Canada Ltd.("BV"), an internationally recognized and ISO 17025:2017 accredited analytical services provider, at its Vancouver, British Columbia laboratory. The Company's QA/QC protocol is in addition to BV's QA/QC standard procedure.

Drill core samples were prepared using the PRP70-250 package, where samples are weighed, dried, and crushed to greater than 70% passing a 2mm sieve, then pulverized to greater than 85% passing 75 microns. Samples from Rush are analyzed in accordance with BV's FA330 (Au) and MA300 packages, for gold analysis by fire assay (30g fire assay with AAS finish) and multi-element ICP analysis (0.25 g, multi-acid and ICP-ES analysis). Gold returning >10ppm is automatically analyzed by gravimetric method in accordance with lab standard of practice. Copper and Zinc over limits were re-assayed using BV's MA370 package, a multi-acid digestion with ICP-ES finish.

Sampling of the remaining drill holes is progressing well. As core cutting is completed, samples will be shipped promptly to the lab for analysis.

Qualified Person

Brett Williams, P.Geo., VP Operations and Senior Geologist for Ramp Metals, and a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content in this news release.

About Ramp Metals Inc.

Ramp Metals is a grassroots exploration company with a focus on a potential new Saskatchewan copper-gold district. The Company currently has a high-grade gold discovery of 73.55 g/t Au over 7.5m, and a new Cu-Zn-Pb-Ag VMS discovery at its flagship Rottenstone SW property. The Rottenstone SW property comprises 32,689 hectares and is situated in the Rottenstone Domain.

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

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's exploration activities.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

For further information, please contact:

Ramp Metals Inc.

Jordan Black
Chief Executive Officer
jordaneblack@rampmetals.com

Prit Singh
Director
(551)-340-0101

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