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June 22, 2026 – TheNewswire - Toronto, ON - Total Metals Corp. (“ Total Metals ” or the “ Company ”) ( TSX-V: TT ) ( OTCQB : TTTMF ) ( FSE : O4N ) is pleased to announce the results of the first ten drill-holes completed on its 8,408 metre, 25 hole winter drilling program at the Electrolode critical metals property , located in Northwestern Ontario (the “ Project ”) in early 2026 .

The 3,300 hectare Electrolode property, located 69 km from Ear Falls, in northwestern Ontario hosts the Arrow Zone with a NI 43-101 compliant current Inferred Mineral Resource 1 with an effective date of June 1, 2025, containing 2.11 million tonnes averaging 0.66% Cu, 4.74% Zn, 17.92 g/t Ag and 0.66 g/t Au. Other zones have been identified and explored on the property by previous operators including those in the Copperlode area southwest of Arrow.

HIGHLIGHTS

Arrow Zone

New Arrow Zone intercepts better than average resource grade with subintervals returning exceptional zinc and copper values

• Hole EL-26-006 returned 8.40% Zn, 0.40% Cu, 0.35 g/t Au, 21.88 g/t Ag over 4.00 m core length for the Arrow Zone  

  • Includes 20.05% Zn, 0.23% Cu, 0.33 g/t Au, 27.54 g/t Ag over 1.54 m containing an interval of 37.38% Zn over 0.73 m  

• Hole EL-26-006 also returned 7.81% Zn, 1.90% Cu, 0.72 g/t Au, 56.51 g/t Ag over 4.30 m core length for a zone in the hanging wall of the Arrow Zone  

  • Includes 16.91% Zn, 3.59% Cu, 1.33 g/t Au, 116.77 g/t Ag over 1.91 m containing an interval of 38.20% Zn over 0.42 m  

• Hole EL-26-003A returned 7.00% Zn, 0.47% Cu, 0.25 g/t Au, 32.73 g/t Ag over 7.18 m core length for the Arrow Zone  

  • Includes 20.14% Zn, 0.89% Cu, 0.37 g/t Au, 112.29 g/t Ag over 1.70 m  

• Hole EL-26-004 returned 3.85% Zn, 0.50% Cu, 0.19 g/t Au, 18.59 g/t Ag over 9.75 m core length for the Arrow Zone  

  • Includes 20.44% Zn, 0.98% Cu, 0.21 g/t Au, 39.07 g/t Ag over 1.45 m  

• Hole EL-26-002 returned 5.10% Zn, 0.50% Cu, 0.41 g/t Au, 18.21 g/t Ag over 4.55 m core length for the Arrow Zone  

Elevated gallium and indium values for some reported intercepts possibly indicative of potential contribution of additional value to resource

"These initial results from our winter drill program at Electrolode are highly encouraging and underscore the exceptional potential of the Arrow Zone," said Tyler Thorburn, President and CEO of Total Metals. "We are thrilled to see targeted drilling return high-grade zinc intercepts that far exceed our current average resource grade, highlighted by subintervals surpassing 20% zinc. Even more exciting is the highly mineralized zone in the hanging wall that returned significant copper values, including grades up to 3.59% copper. The occurrence of copper-rich mineralization at Arrow, combined with our robust zinc results, points to future potential and adds exciting momentum to the Electrolode project."

Technical Details

The 2026 winter drill campaign, initially planned for 5,500 metres with one rig, was activated in late January, and was subsequently ramped up to a n 8,000 metre program with the addition of a second rig. Drilling ended in mid-April with 25 holes completed totalling 8,408 metres. The distribution of drill- holes, shown in Figure 1, targeted two main sectors: the Arrow / Garnet area and the Copperlode area, as well as a variety of other targets planned on the basis of compiled geology combined with geophysical 3D modeling. The main target s on the property are volcanogenic massive sulphide (VMS) deposits, though being cognizant of location in the Red Lake district, prospective structures for gold are also evaluated.  The results of drilling completed in the Arrow / Garnet area is the focus of the discussion in this release.  

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Figure 1. Surface geology of the Electrolode property showing distribution of drill holes completed in 2026 winter program. The Arrow / Garnet Area drilling will be presented further in the following.

A total of 10 holes were drilled in the Arrow / Garnet area during the 2026 winter drilling program. Table 1 summarizes drill-hole coordinates, hole orientation as well as target information and Figure 2 is a surface geology map showing hole location.

Table 1. List of drill-holes completed during the 2026 winter drill program in the Arrow / Garnet area.

^Collar coordinate datum NAD83 / Zone 15

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Figure 2. Surface geology of the Arrow / Garnet area showing the location of holes completed in the sector during the 2026 winter drilling program relative to projection of mineralized zones and resource footprint.

Holes EL-26-002, EL-26-003A, EL-26-004 and EL-26-006 targeted the upper edges of the higher-grade core of the deposit. Holes EL-26-005, EL-26-007, EL-26-008A and EL-26-009 were drilled to test the Garnet Zone in order to determine whether continuity can be established with Arrow. Hole EL-26-010 was a step-out drilled to test for any continuity of mineralization from the Arrow / Garnet zones further to the northeast. In addition to testing Arrow and Garnet for zinc, copper, gold and silver other high value critical elements including gallium and indium were analyzed to determine whether these are potential value contributors to the deposit. Notable intervals for gallium and indium for the Arrow Zone intercepts in Table 2 including 71.11 ppm gallium and 40.15 ppm indium in hole EL-26-002. Further robust analytical and mineralogical work is required to determine the nature of gallium and indium distribution and occurrence as well as determine whether they are potentially recoverable.

Results from the program, shown in Table 2, returned some intervals above the average resource grade for the Arrow Zone with some subintervals returning exceptional high-grade intervals for zinc and copper. The best results for the Arrow Zone were from hole EL-26-006 where 8.4% Zn and 0.40% Cu over 4.0 metres are reported for Arrow and 7.81% Zn and 1.90% Cu for a zone in the hanging wall of Arrow.  The main highlighted intervals of Table 2 are shown in a vertical section relative to the Arrow Zone resource shape in Figure 3.

Table 2. Significant assay results from the winter 2026 drilling completed in Arrow / Garnet area.

*Reported as core length. True thickness estimated to between 80 to 95% based on zone average dip of 60 o

** Zones named as HW are un-named zones in the hanging wall of Arrow

A brief description highlighting the main mineralized zones in each hole intersecting the Arrow Zone is summarized below:

Hole EL-26-002, from 374.85 to 379.40, Arrow zone – Consists of alternating semi-massive to banded sphalerite, pyrite, pyrrhotite, magnetite and chalcopyrite at the top of the interval grading into banded to stringer pyrite-pyrrhotite dominant sulphides towards the bottom of the interval.

EL-26-003A, from 341.00 to 348.18, Arrow Zone – Interval begins with a banded to disseminated pyrite-pyrrhotite sphalerite, followed by a 1.38 m wide interval of sphalerite dominant massive sulphide with chalcopyrite and pyrrhotite grading towards semi-massive to patchy sphalerite-rich mineralization with pyrrhotite-pyrite and chalcopyrite. Zone ends in stringer sulphides with increasing pyrite-pyrrhotite and decreasing sphalerite – chalcopyrite.

EL-26-004, from 371.80 to 381.55, Arrow Zone – Consists of banded to disseminated pyrite, pyrrhotite with sections locally containing chalcopyrite. Sphalerite is not significant constituent until mineralization transitions massive sulphide towards the end of the interval where the assemblage mostly consists of sphalerite, pyrrhotite with minor pyrite-chalcopyrite within a 0.45 m section which abruptly terminates against the quartz-feldspar porphyry unit.

EL-26-006, from 409.20 to 413.50, hanging wall to Arrow Zone – Interval begins as banded to stringer sulphides consisting of pyrrhotite-pyrite with chalcopyrite becoming present as mineralization style changes to semi-massive dominated by sphalerite with more abundant chalcopyrite as it transitions to pyrrhotite dominated banded sulphide

EL-26-006, from 433.00 to 437.00, Arrow Zone – Consists of banded to stringer pyrrhotite, pyrite and sphalerite transitioning to a massive to semi-massive sulphide interval consisting of sphalerite and pyrite and massive pyrrhotite with minor chalcopyrite towards the footwall down hole.

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Figure 3. Vertical section looking southeast showing location of drill holes completed in the 2026 winter drilling program in the Arrow / Garnet sector highlighting intercepts in the Arrow Zone. The Arrow Zone shape depicted is constructed from the >3% Zn eq intercepts from the current resource.

Assay results from holes targeting the Garnet Zone, while returning anomalous values in weakly mineralized intervals, downgraded the potential of the Garnet Zone and possibility of continuity with the Arrow Zone. The best interval returned for the Garnet Zone is 2.93% Zn over 3.17 m in hole EL-26-005. Exploration potential still exists in different plunge directions in the Arrow Zone, especially under Garnet Lake.

While waiting for optimal frozen ground conditions to drill the Arrow Zone, one hole was drilled to test a concept proposed by the author of the 2025 NI 43-101 Technical Report. The concept was derived from using different layers of information including a geology compilation by Noranda Exploration, historic ground EM surveys as well as a 2003 Titan-24 MT & DCIP survey. The overlapping layers of information presented the possibility of an oblique conductive trend coincident with a sodium depletion anomaly in the footwall of Arrow (Target B). Hole EL-26-001 was drilled to test Target B at an orientation that tests both the conductor and the sodium depletion anomaly. The hole intersected mostly quartz-feldspar porphyry and mafic intrusive through most of the first part of the hole, finally transitioning to a felsic tuff at 347 metres which is more likely to host VMS style mineralization. The felsic tuff was notably biotite and sericite altered with weak veinlet to disseminated pyrite-pyrrhotite mineralization becoming garnetiferous towards end of the hole. Two weakly anomalous intervals were noted in the hole, the latter of which contained anomalous zinc in the last 3 metres of the hole.

Table 2. Composite results of hole EL-26-001 (Target B)

*Reported as core length. True thickness estimates not available.

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Figure 4. Diagram illustrating combined geological and geophysical information used to develop Target B, subsequently tested with hole EL-26-001.

QA/QC Procedures

Protocols for core logging, sampling and QAQC were developed together with Bayside Geoscience Inc., who managed project site exploration activities on behalf of and under direction of the Company during the duration of the winter drilling program.  Drilling was contracted to Platinum Diamond Drilling Inc. with NQ2 size core produced. Once the core was logged and marked for sampling, samples were sawn in half. Certified reference material standards and blanks were inserted into the sample sequence on a rotating basis and together combined with sealed samples in zip tie secured rice bags and securely delivered by Bayside personnel to AGAT Laboratories Ltd. All sample preparation and 30 g fire assay ICP-OES finish was completed in Thunder Bay and all 4-Acid digestion and 48 multi-element analysis (ICP-OES/ICP-MS finish) was done at AGAT’s Calgary location. Samples >1% Zn, >1% Cu and >100 g/t Ag were reanalyzed as over limit with AGAT’s 4-Acid Metals Package (ICP-OES and/or ICP-MS finish). Internal laboratory standards and blanks were also analyzed by AGAT and reported with the certified assay results.  A selected subset of mineralized sample pulps and additional CRMs were shipped and analyzed by a third-party lab independent of AGAT for further verification.

Footnotes

1 NI43-101 Technical Report on the Electrolode Property, Belanger and Bowerman Townships, Red Lake Mining Division, Ontario, Canada by Colin Bowdidge. Effective Date: June 1, 2025

Qualified Person

Robert Penczak, M.Sc., P.Geo (Ontario), Vice President of Exploration for the Company and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information used in this news release.

About Total Metals Corp.

Total Metals Corp. 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 favorable 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. Total Metals also owns 100% 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 Purex 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 is comprised of 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. ("Coeur") following its ~US$7 billion 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 via a road connected to the Trans-Canada Highway to the south. The Pick Lake critical minerals deposit has an average strike length of approximately 250m and a depth extension tested between 300 to 1200m.

www.totalmetalscorp.com

Cautionary Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in its policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

Tyler Thorburn

President and Chief Executive Officer

info@totalmetalscorp.com

(416) 873-7662

Forward-Looking Information

This press release includes “forward-looking information” that is subject to assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements in this news release which are not purely historical are forward looking.  Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management’s best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.

The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the TSX-V. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

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