16:13:11 EDT Wed 19 Aug 2026
Enter Symbol
or Name
USA
CA



Total Metals Corp
Symbol TT
Shares Issued 59,315,766
Close 2026-08-18 C$ 0.195
Market Cap C$ 11,566,574
Recent Sedar+ Documents

Total Metals grab samples 31.7 g/t Au at Menary

2026-08-19 15:39 ET - News Release

Mr. Tyler Thorburn reports

TOTAL METALS RETURNS 31.7 G/T AU GRAB SAMPLE AND CONFIRMS HIGH-PRIORITY DRILL TARGETS AT ITS MENARY HIGH-GRADE GOLD PROJECT, ONTARIO

Total Metals Corp. has released assay results from the initial property mapping and sampling program at its Menary gold property, located in Northwestern Ontario.

"Our initial mapping and sampling program has successfully validated the high-grade nature of the Menary property, particularly at the Galbraith A and Wagg zones. Collecting 83 grab samples where over 50 per cent were mineralized -- including a standout 31.7-gram-per-tonne-gold sample with visible gold -- confirms the robust nature of this gold system. We are now leveraging these results to establish the property-scale structural controls, which will allow us to define precise, high-priority targets for our upcoming drill program," commented Total Metals executive chairman Michael Dehn.

Highlights

Excellent gold assay results received from initial prospecting grab samples include:

  • 31.7 g/t from Galbraith A zone;
  • 9.61 g/t from Wagg zone;
  • 6.42 g/t from Galbraith A zone;
  • 3.46 g/t from Wagg zone.

Work is proceeding to establish property-scale structural control of gold occurrences and new high-priority targets. Permit preparation for drilling is under way.

Work program description and results

Exploration by previous operators have identified four high-grade gold showings at Menary, including the Galbraith A, Wagg, New Shear and Road zones. Limited historic exploration was focused and mostly limited to the immediate area of the showings with the most advanced work (including trenching, channel sampling and drilling) done at the Galbraith A and Wagg zones (see Dec. 22, 2025, news release for summary). Historical grab sample results from previous operators returned values of up to 8,120 g/t gold in the Galbraith A zone. A summary of significant historical grab samples from previous operators is shown in Table 1.

A field crew contracted from Bayside Geoscience Inc. completed a short, six-day initial field campaign to confirm the orientation of known vein zones and previous sampling on the property on the property as well as evaluate trends in government geophysics and satellite imagery to help establish a structural framework to guide subsequent phases of exploration.

A total of 83 grab samples of quartz vein and altered rock material were collected for analysis, of which 55 per cent were noted to be mineralized with sulphides or gossanous. Two quartz vein samples were noted to contain visible gold. Significant results (greater than one g/t Au) from the sampling program are presented in Table 2.

Of the two samples where visible gold was noted, only one returned a significant value (31.7 g/t Au) for Galbraith A. The other sample, also from Galbraith A, did not return a significant gold value with an assay result of 0.21 g/t Au.

Next steps

To further enhance understanding and continue testing the gold potential on the property, the anticipated next steps for the project in 2026 are:

  • Complete a high-resolution drone airborne magnetic survey over the property; the company recently completed a drone magnetic survey at its High Lake Gold property, this was valuable in identifying high-potential gold exploration targets;
  • Complete a phase 2 field program with further sampling and mapping to identify the highest priority drill targets; phase 2 will include more rigorous channel sampling;
  • Submit a comprehensive advanced exploration permit for exploration drilling and expanded surface trenching.

Cautionary notes on grab samples

Grab samples, as discussed in this press release, are derived from a selective rock sampling field method used to assess mineralization at a showing or other geologic features of interest in outcrop and are not necessarily representative of the mineralization hosted on the property as a whole. The assay grades of these samples should be considered as indicative of the presence of mineralization, not as an average grade.

With respect to historical grab samples, the company's review of the historical records and information reasonably substantiate the validity of the historical information presented in this news release; however, the company cannot directly verify the accuracy of the historical data, including the procedures used for sample collection and analysis. Therefore, the company encourages investors to exercise appropriate caution when evaluating the historical results.

Quality assurance/quality control procedures

Mapping and sampling on behalf of the company were carried out by staff from Bayside Geoscience during the duration of the program. Rock samples were inserted and sealed in plastic bags together with sample tags. Certified reference material (CRM) standards and blanks were also inserted into the sample sequence within sealed plastic bags. All samples were securely delivered by Bayside personnel to Agat Laboratories Ltd. All sample preparation and gold analysis, including initial 30-gram fire assay AAS finish (202-051) and subsequent overlimit as applicable, were completed in Thunder Bay. All 4-acid digestion and 48 multielement analysis (ICP-OES/ICP-MS finish, 201-071) were done at Agat's Calgary location. As required, any sample greater than 10 g/t Au was reassayed with gravimetric (202-064) and metallic screen (202-121) methods. Internal laboratory standards and blanks were also analyzed by Agat and reported with the certified assay results.

Menary gold project

The 275.6-hectare Menary property, located 18 kilometres northeast of Coeur Mining's Rainy River gold, is a property optioned from Destroismaisons CLM Holdings Corp., where the company may earn 100-per-cent interest in the property (see March 24, 2026, news release for full details).

Qualified person

Robert Penczak, MSc, PGeo (Ontario), vice-president of exploration for the company and a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information used in this news release.

About Total Metals Corp.

Total Metals is focused on developing and advancing its high-grade gold and critical mineral assets located in Eastern Canada. The Electrolode project is targeting high-potential critical mineral plus gold resources and targets in three favourable geologic trends, located near major mines in the Red Lake gold camp, and is strategically located between Kinross Gold's Great Bear project and First Mining Gold's Springpole project. The Electrolode project is fully permitted for exploration drilling and hosts 10 historic mineralized zones with significant expansion potential plus new, untested targets ready for further exploration. Total Metals also owns 100 per cent of the High Lake and West Hawk Lake project covering 958 hectares in two gold properties located along the Trans-Canada Highway straddling the Manitoba/Ontario border. The Purdex zone on the High Lake property has significant exploration potential and will be the primary target for initial exploration and potential future mining activities. The West Hawk Lake property comprises a single mineral lease, located within southeastern Manitoba. The company has an option on the Menary gold property, strategically located in the Kenora mining division of Ontario, sharing a common southern boundary with the Rainy River claims (being acquired by Coeur Mining Inc. following its approximately $7-billion (U.S.) acquisition of New Gold Inc.). The most recent addition to the company is the Pick Lake property, consisting of 75 claims and a mining lease covering over 5,260 hectares, accessible through a road connected to the Trans-Canada Highway to the south. The Pick Lake critical minerals deposit has an average strike length of approximately 250 metres and a depth extension tested between 300 and 1,200 metres.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.