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V Ten Metals Corp
Symbol VTEN
Shares Issued 25,609,138
Close 2026-07-13 C$ 0.58
Market Cap C$ 14,853,300
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V Ten Metals to begin drilling at Tanami

2026-07-15 17:30 ET - News Release

Mr. Blair Way reports

VTEN ANNOUNCES DRILL PROGRAM AT THE TANAMI PROPERTY, NT, AUSTRALIA

V Ten Metals Corp. is planning an inaugural drill program at the company's Tanami property, located in the Tanami district of the Northern Territory, Australia. The property consists of four semi-contiguous granted exploration licences (ELs) 23848, 31402, 23874 and 23875, covering 1,237 square kilometres (km), located in the Tanami Desert, approximately 450 km directly northwest of Alice Springs, Northern Territory, Australia.

The company has engaged United Drilling Services, of Sarina, Queensland, to carry out the reverse circulation (RC) drill program at the property. The initial program will comprise six to 10 drill holes for a total of approximately 2,150 metres (m) of RC drilling. Drill mobilization is expected in the first half of August, 2026. The program is designed to test a series of high-priority nickel-copper-PGE (platinum group element) targets, integrating historical aircore geochemistry with magnetic and HeliTEM geophysical anomalies. The objective is to confirm sulphide mineralization within fresh bedrock, validate geophysical models, and define the geological controls and continuity of mineralization along a northeast-trending corridor.

Blair Way, chief executive officer, president and director, comments: "We are thrilled to be drill testing the property, which has not been drill tested to depth. The company has successfully carried out a grassroots exploration campaign over the past several years, which has identified a number of high-priority nickel-copper-PGE targets on the property held by the company. The property is strategically located approximately 30 km east of the Newmont granites mine. This initial drill program will orient an aggressive follow-up drill campaign with the objective of unlocking the significant potential of the property and building shareholder value in the process."

Geophysics and drilling collaborations program grants

The company is also pleased to announce that it has been successful in its application for two grants to undertake works on its Tanami property. The Northern Territory Department of Mining, Geophysics and Drilling Collaborations program, financed by the Resourcing the Territory Program and administered by the Northern Territory Geological Survey, has approved the following two grants for a total amount of $139,393.

For EL 23875, the company has received a grant of $115,000, inclusive of GST, toward drilling on the property. For EL 23848, the company has received a grant of $24,393, inclusive of GST, toward geochemical assessment on the property.

Qualified person

Blair Way, BSc, PGo., CEO and president for the company, and a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.

About V Ten Metals Corp.

V Ten is a Canadian mining exploration company listed on the TSX Venture Exchange owns the nickel-copper-PGE-gold Tanami project, 1,235 square km strategically located adjacent to Newmont's granites mine, located in Northern Territory, Australia. The company has a farm-in joint venture (JV) in place exploring for potential gold targets. V Ten is led by a highly qualified team with a record of successful exploration worldwide.

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