Mr. Brian Bosse reports

Cupani INTERSECTS MAGMATIC MASSIVE SULPHIDES IN THREE NEW DRILL HOLES

Cupani Metals Corp. has provided an update on its summer drilling campaign at its Blue Lake project, located 65 kilometres from Schefferville, Que. Of the first four holes drilled this summer, three intersected magmatic massive sulphides at the base of mineralized ultramafic flows/subvolcanic sills. The newly intersected mineralization is located more than one kilometre southeast of historical mineralized lenses. All four holes tested targets within a high-priority corridor that remains open and largely untested along a strike length of at least 16 kilometres (10 miles). The newly intersected massive sulphide horizons and the general stratigraphy hosting them are roughly horizontal.

Highlights:

• CU26-07: 1.8 metres of magmatic massive sulphides from 208.0 metres;
• CU26-08: 0.5 metre of magmatic massive sulphides from 256.35 metres;
• CU26-10: 2.45 metres of magmatic massive sulphides from 159.1 metres.

Jacquelin Gauthier, vice-president, exploration, commented: "Our summer drilling program has been highly successful to date, with three of four holes intersecting massive sulphides at the base of the ultramafic units. These results clearly validate our new geological interpretation and confirm that we are exploring a robust metallogenic system with the potential to produce thick, significant intersections."

Chief executive officer Brian Bosse added: "These holes show Cupani understands how this system is organized. Intercept thickness should evolve this copper-nickel exploration project from interesting to evident. It is roughly horizontal and remains open for miles."

To date, four diamond drill holes have been completed this summer in the Blue Lake Southeast sector.

CUP26-07 was designed to test the updip extension of the newly discovered mineralized horizon intersected in hole CUP26-06 (read press release dated June 3, 2026). It entered a volcanosedimentary sequence followed by a 67-metre-thick ultramafic unit with the percentage of disseminated and blebby sulphides increasing at depth until the massive sulphide horizon (1.8 metres thick). The hole ended in felsic pyroclastics and a gabbro.

CUP26-08 targeted a strong magnetic and electromagnetic anomaly, 200 metres to the northwest of holes CUP26-07 (and 6), along the same magnetic trend. This hole started in a volcanosedimentary sequence with sulphidic sediments before entering a 150-metre-thick ultramafic unit with magmatic sulphides locally consisting of disseminations and blebs. A 0.5-metre massive sulphide horizon was intersected at the base of the ultramafic and at the contact with felsic pyroclastics. This hole ended in gabbro.

Hole CUP26-09 targeted coincident weak magnetic and EM anomalies. This DDH was collared 230 metres northwest of hole CUP26-04 on the same magnetic trend. It collared into a mineralized ultramafic with sulphide disseminations and blebs followed by a sedimentary and tuffaceous sequence with sulphides and cherty exhalites. This hole then entered an ultramafic flow and then a differentiated ultramafic and mafic intrusion that was unmineralized.

CUP26-10 was collared 244 metres to the southeast of hole CUP26-04 on the same magnetic trend, and 376 metres northeast of hole CUP26-07 and 6. This hole started in 29.7 metres of mineralized ultramafic with disseminated and net textured sulphides, and then 23.3 metres of basalt before entering 89 metres of an ultramafic with a percentage of disseminated sulphides increasing with depth. The next unit intersected was 10 metres of a felsic pyroclastic, and then a 0.6-metre mineralized pyroxenite followed by 2.45 metres of magmatic sulphides and another pyroxenite unit over 7.3 metres. The hole ended in a gabbro.

Drilling remains in progress for the next few weeks. The drilling campaign has confirmed the effectiveness of Cupani's targeting strategy, with massive sulphide horizons intersected at the base of ultramafic units. The contacts of the sulphide zones are close to perpendicular to core axis of the vertical holes and should be considered close to true thickness. These massive sulphides are overlain by significantly broader intervals of disseminated, net-textured and blebby sulphides within the overlying ultramafic sequence.

Samples from the best massive sulphide intervals are being sent for rush laboratory analysis to ALS Global in Val d'Or. Assay results are expected in the coming weeks and will be reported in a subsequent news release.

Qualified person

The preparation of this press release was directly supervised by Mr. Gauthier, PGeo, Cupani's vice-president of exploration. He verified and approved all technical and scientific information of the final edition. He is acting as the company's qualified person within the meaning of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Cupani Metals Corp.

Cupani provides shareholders with long-term capital growth exposure by investing in mineral exploration properties. The company is listed on the Canadian Securities Exchange under the symbol CUPA and on the OTCQB under the symbol CUPIF.

Cupani's 100-per-cent-owned Blue Lake copper-nickel-platinum-group-element project in Quebec covers 682 square kilometres of exploration claims (260 square miles). During the 1980s, certain sections of Blue Lake project were explored by La Fosse Platinum. It drilled hundreds of exploration holes, excavated a 350-metre (1,000-foot) adit, and conducted geochemical, geophysical and geologic surveys, and metallurgy testing. The surface projection of discovered mineralization comprises an area fewer than 10 square kilometres.

We seek Safe Harbor.