Mr. Tyler Thorburn reports

TOTAL METALS EXECUTES DRILL CONTRACT FOR ITS HIGH-GRADE HIGH LAKE GOLD PROJECT, NORTHWESTERN ONTARIO

Total Metals Corp. has executed a definitive agreement and submitted the initial deposit to Platinum Diamond Drilling Inc., a drilling contractor based in Centreport, Man. Under the terms of the agreement, Platinum Drilling will conduct a minimum 2,500-metre diamond drilling program at the company's high-grade High Lake gold project, situated in Northwestern Ontario near the Manitoba/Ontario border and adjacent to the Trans-Canada Highway.

Michael Dehn, executive chairman of Total Metals, commented: "We are pleased to continue our collaboration with Platinum Drilling, following their strong operational performance during our Q1 2026 drill program at Electrolode and demonstrated commitment to safety and environmental management. We look forward to working with them again as we take this important next step toward testing high-priority drill targets at High Lake through a larger, focused, multitarget drill program."

High-priority drilling strategy

Drilling is expected to commence shortly at High Lake, where historic drilling has demonstrated significant gold mineralization. Geological and geophysical evidence indicates that the system remains open in multiple directions. The planned program is an initial phase of a drilling strategy with objectives to further expand the known mineralized footprint, establish continuity and further define the scale potential of the Purdex zone.

The drill program has been structured to allow the company to scale activity in response to results, including the potential deployment of additional drill rigs to accelerate follow-up on successful targets. This flexibility is intended to allow Total Metals to rapidly advance encouraging results while continuing to evaluate the broader high-potential targets.

High-priority drill targets include the Purdex zone and interpreted structural trends at the High Lake property. Areas of exploration focus include confirming and expanding occurrences as well as prioritized areas of structural trends, especially in where they intersect or bend in areas of lithological complexity.

Summary of previous significant results

Exploration drilling completed by McFarlane Lake Mining at the Purdex zone has demonstrated the presence of a robust gold system with high gold grades.

Select core length intervals highlighting drill results from the 2022/2023 program include:

• Drilling intersected 24.96 grams per tonne gold over 14.90 metres in drill hole MLHL-22-06 from 325.56 to 340.46 m. This intersection includes 43.22 g/t Au over 7.99 m and 53.87 g/t Au over 3.15 m. Visible gold was observed in these higher-grade intervals. Drill hole MLHL-22-04 intersected 32.58 g/t Au over 1.45 m from 187.00 to 188.45 m, located higher on the same section within the Purdex A zone.
• Drill hole MLHL-22-05 intersected two mineralized intervals. The first interval graded 4.95 g/t Au over 7.49 m from 242.51 to 250.00 m, including 11.18 g/t Au over 1.94 m. The second interval graded 4.49 g/t Au over 6.38 m from 267.45 to 273.83 m.
• Drill hole MLHL-22-17 intersected 148.37 g/t gold over 1.3 m from 113.20 to 114.50 m, including 557 g/t Au over 0.3 m. Visible gold was observed in this interval. This drill hole also includes a second mineralized intersection of 3.89 g/t Au over 4.6 m from 56.00 to 60.60 m. Drill hole MLHL-22-25, approximately 100 m vertically below MLM-22-17, intersected 6.85 g/t Au over 2.97 m from 202.10 to 205.07 m, including 27.5 g/t Au over 0.60 m.
• Drill hole MLHL-22-23 intersected 21.67 g/t Au over 1.75 m from 171.05 to 172.8 m and 13.3 g/t Au over 0.70 m from 74.85 to 75.55 m within the Purdex A zone. Drill hole MLHL-22-28 intersected 9.42 g/t Au over 9.38 m from 29.62 to 39.00 m, including 117 g/t Au over 0.55 m and 12 g/t Au over 1.00 m.

Note: Intervals calculated from uncut gold assays. Holes highlighted are included in current mineral resource.

The High Lake property hosts a high-grade gold resource within the Purdex zone, which the company plans to confirm and expand in initial coming drill programs. The mineral resource estimate (MRE) for the Purdex zone has an effective date of April 14, 2023. A National Instrument 43-101 technical report with an effective date of Nov. 30, 2025, titled "Technical Report and Initial Mineral Resource Estimate of the High Lake-West Hawk Lake Gold Project" by English River Geoscience Ltd., confirms the currency of this MRE and is available on the company's issuer profile at SEDAR+.

Qualified person

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

About Total Metals Corp.

Total Metals 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. 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.

We seek Safe Harbor.