Mr. Jonathon Deluce reports

ABITIBI METALS DELIVERS 124% RESOURCE GROWTH AT B26, DEFINING A HIGH-GRADE COPPER-GOLD SYSTEM OF MEANINGFUL SCALE

Abitibi Metals Corp. has taken a major step forward in establishing itself as a serious emerging copper-gold developer in Quebec's Abitibi greenstone belt.

The updated estimate shows a 124-per-cent increase in total mineral resources since Abitibi optioned the project in 2023, reflecting the results of successive drilling campaigns completed over the past two years.

The update expands the indicated resource to 13.0 million tonnes grading 2.1 per cent copper equivalent and defines an additional 12.3 Mt inferred resources grading 2.2 per cent CuEq, bringing total defined resources to more than 25 Mt.

According to the company, the growth in tonnage has been achieved while maintaining consistent grades across the deposit, a key objective outlined when Abitibi acquired its interest in B26.

A resource that has crossed an important threshold

The updated mineral resource estimate for the B26 deposit is supported by a substantially expanded technical database, incorporating 356 drill holes totalling 172,164 metres of drilling. This includes 102 drill holes completed by Abitibi Metals Corp. in 2024 and 2025, as well as 191 holes previously drilled by Soquem, a subsidiary of Investissement Quebec.

Within the indicated category, resources increased 14 per cent to 13.0 million tonnes, up from 11.3 million tonnes in the prior estimate. The indicated resource grades were 1.2 per cent copper, 1.2 per cent zinc, 0.44 gram per tonne gold and 30.8 g/t silver, equivalent to 2.1 per cent copper equivalent and 2.8 g/t gold equivalent.

On a contained metal basis, the indicated resource includes approximately 340 million pounds of copper, 332 million pounds of zinc, 184,000 ounces of gold and 12.8 million ounces of silver, or 595 million pounds of copper equivalent and 1.2 million ounces of gold equivalent.

The estimate also includes 67,842 assays with an average sample length of 1.20 metres, forming the basis of the current geological model. The mineral resource was estimated using an underground mining scenario with an in situ cut-off value of $100 (U.S.) per tonne, based on long-term metal price assumptions and established processing recoveries.

Approximately 9 per cent of the tonnage increase in the updated estimate is attributable to revised commodity price assumptions, with the balance driven by additional drilling and the lateral and vertical extension of existing mineralized zones. The effective date of the mineral resource estimate is Jan. 1, 2026, and the estimate was prepared in accordance with National Instrument 43-101 and Canadian Institute of Mining, Metallurgy and Petroleum standards.

Growth across all metals, not just tonnage

In addition to increased tonnage, the updated resource reflects material growth in contained metal across all reported commodities compared with the prior estimate.

Contained copper increased by 40 per cent, gold by 22 per cent, silver by 21 per cent and zinc by 9 per cent. These increases reflect continued expansion of the polymetallic system across both indicated and inferred resource categories.

The resource estimate was completed using conservative underground cut-off assumptions and long-term pricing inputs, consistent with prior estimates.

Mineralization remains open with drilling momentum building

Despite the increase in defined resources, mineralization at B26 remains open both laterally and at depth. The current estimate is based on drilling concentrated within established zones, leaving multiple areas available for further stepout and down plunge drilling.

Abitibi Metals has commenced a fully financed 40,000-metre phase 4 drill program, which includes a winter drilling campaign of approximately 15,000 to 20,000 metres. Drilling is expected to continue through 2026.

A cornerstone asset in the Abitibi greenstone belt

B26 is located just seven kilometres from the former Selbaie mine, placing it within an established mining district with access to infrastructure, skilled labour and a long history of successful development.

The deposit has reached a level of scale and continuity that supports its advancement as a cornerstone copper-gold volcanogenic massive sulphide asset within the Abitibi greenstone belt. As the resource continues to grow, B26 increasingly anchors Abitibi Metals' broader strategy of building a high-quality portfolio focused on Quebec.

About Abitibi Metals Corp.

Abitibi Metals is dedicated to acquiring and exploring mineral properties within Quebec, with a particular emphasis on high-quality base and precious metal assets that offer significant potential for growth and expansion.

The company's flagship B26 polymetallic project, which has been optioned from Soquem, hosts a substantial and growing resource base.

The B26 project is strategically located just seven kilometres southeast of the formerly producing Selbaie mine. This proximity provides the project with access to key infrastructure required for potential mine development.

In addition to the B26 deposit, Abitibi's portfolio includes the Beschefer gold project, historical drilling has identified four notable, historical intercepts with a metal factor of over 100 g/t gold highlighted by 55.63 g/t gold over 5.57 metres (BE13-038) and 13.07 g/t gold over 8.75 metres (BE12-014) amongst four modelled zones. These promising findings highlight the potential for further gold discoveries within the project area.

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