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Total Metals Corp.
Symbol TT
Shares Issued 59,315,766
Close 2026-06-26 C$ 0.255
Market Cap C$ 15,125,520
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ORIGINAL: Total Metals Completes Sampling and Mapping Program at its High-Grade Menary Gold Property, Northwestern Ontario

2026-06-29 04:00 ET - News Release

(via TheNewswire)

Total Metals Corp.

June 29, 2026 – TheNewswire - Toronto, ON - Total Metals Corp. (“ Total Metals ” or the “ Company ”) ( TSX-V: TT ) ( OTCQB : TTTMF ) ( FSE : O4N ) is pleased to announce it has begun its summer field work program with initial property mapping and sampling work completed at the Menary Gold Property (“the “ Project ”), located in Northwestern Ontario, 18 km northeast of Coeur Mining’s Rainy River gold mine (Figure 1). Planning and logistical preparation is underway for Total Metals other gold projects including the High Lake and West Hawk Lake properties, which are expected to begin in the coming weeks.


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Figure 1 . Regional geology of the Rainy River greenstone belt showing the location of the Menary property.

Mapping and Sampling Campaign

A field crew contracted from Bayside Geoscience Inc. was sent to the Project for a short six-day campaign to carry out initial mapping to confirm orientation of known vein zones on the property as well as evaluate linking trends apparent in geophysics and satellite imagery that may help establish a structural framework for controls on gold occurrences. A total of 83 vein and altered wall-rock samples (Figure 2) were collected with 55% of them noted as being mineralized or gossanous. Two quartz vein samples contained visible gold. Samples have been submitted for gold and multi-element analysis with results pending.


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Figure 2. Menary Property geology and gold occurrences showing distribution of samples collected in June 2026 as well as historic grab samples containing up to 8120 ppm gold.

Next Steps

Results from the recently completed sampling and mapping campaign will be integrated together with geological and exploration data from previous operators to guide the next stage of exploration at Menary. An exploration drill permit application is underway. With good road access and reasonably dry ground, drilling at Menary can be done from early summer through to winter break-up.

Menary Gold Project

The Property consists of 27 mining claims and 1 mining lease comprising an area of 276.5 hectares and is strategically located in the Kenora Mining Division of Ontario. The Property shares a common southern boundary with claims owned by Coeur Mining, Inc. (" Coeur "), contiguous with its Rainy River Mine, one of the assets constituting part of a ~US$7 billion acquisition of New Gold Inc. that was completed on March 20, 2026.

(https://www.coeur.com/investors/news/news-details/2026/Coeur-Completes-Acquisition-of-New-Gold/default.aspx)

Menary Property Highlights:

  • Galbraith "A" Zone Grab Samples: Exceptional high-grade grab samples returning 8,120 g/t Au , 1,885 g/t Au , and 1,400 g/t Au , confirming the presence of bonanza-grade shoots.  

  • Galbraith "A" Channel Sampling: Continuous channel sampling across the shear structure returned 243.00 g/t Au over 1.0 metre and 45.38 g/t Au over 1.0 metre , demonstrating width continuity of the high-grade zones.  

  • Wagg Zone Drilling: Diamond drill hole MIN-11-18 intersected 16.99 g/t Au over 6.3 metres (core length), identifying a new, previously unknown mineralized zone at depth.  

  • Strategic Location: The Menary Property is located approximately 65 km northwest of Fort Frances and borders the land package of the Rainy River Mine. The recent acquisition of Rainy River by Coeur Mining validates the district as a premier North American mining jurisdiction.  

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 Purdex 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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