Mr. Jed Richardson reports

TRIGON METALS ANNOUNCES RECEIPT OF FIRST HORIZON PAYMENT

Trigon Metals Inc. has received the first scheduled quarterly payment pursuant to the sale of its interest in the Kombat mine and associated assets to Kamino Minerals Ltd. and Horizon Corp. Ltd. in advance of the April 4, 2026, deadline. This payment marks the initial instalment under the structured consideration framework outlined in prior company disclosures (see news release dated Dec. 23, 2025).

Under the terms of the transaction, Trigon is to receive a series of eight quarterly payments over the agreed schedule, providing the company with a steady, non-dilutive source of financing. In addition to these fixed payments, Trigon is expected to receive performance-based royalties and bonuses upon the successful restart of production at the Kombat mine, further aligning long-term value creation with operational milestones.

Jed Richardson, president and chief executive officer of Trigon Metals, commented:

"The steady stream of capital from the sale of our interest in the Kombat mine provides non-dilutive financing for our Moroccan exploration. We are looking forward to the first results out of our district-scale silver-polymetallic Addana project. We have completed camp set-up and access is cleared to drilling sites at Addana. Geosond is on site with a drill rig and we are excited to begin unlocking the potential of our highly prospective land package, as we pivot from Trigon Metals to Safi Silver."

The Addana project is situated within a geologically prospective region known for hosting significant polymetallic mineralization, including silver, copper and associated metals. The current drilling campaign is designed to test priority targets identified through historical data compilation and recent fieldwork.

Trigon remains focused on disciplined capital allocation and value creation as it advances its Moroccan portfolio.

Qualified person

The scientific and technical information in this news release has been reviewed and approved by Dr. Andreas Rompel, PrSciNat (400274/04), FSAIMM, the company's qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. Dr. Rompel is Trigon's chief exploration officer and is not considered to be independent of the company.

About Trigon Metals Inc.

Trigon Metals is a publicly traded Canadian exploration and development company with a core focus on copper and silver holdings in mining-friendly African jurisdictions. In Morocco, the company is advancing two exploration projects: Addana, which hosts silver-bearing polymetallic veins; and Silver Hill, a sedimentary copper prospect undergoing continuing evaluation. In Namibia, Trigon holds the Kalahari copper belt project.

We seek Safe Harbor.