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V Ten Metals Corp
Symbol VTEN
Shares Issued 25,709,138
Close 2026-10-27 C$ 0.45
Market Cap C$ 11,569,112
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V Ten Metals talks Newmont farm-in at Tanami

2026-10-28 17:17 ET - News Release

Mr. Blair Way reports

V TEN METALS PROVIDES UPDATE ON ITS TANAMI PROPERTY, LOCATED IN NT, AUSTRALIA

V Ten Metals Corp. has provided an update on the company's Tanami property, part of which is under an exploration farm-in and joint venture agreement with a wholly owned subsidiary of Newmont Corp., located in the Tanami district of the Northern Territory, Australia. The property consists of four semi-contiguous granted exploration licences (ELs) EL 23848, EL 31402, EL 23874 and EL 23875, covering 1,237 square kilometres located in the Tanami Desert approximately 450 km directly northwest of Alice Springs, Northern Territory, Australia.

The exploration farm-in and joint venture agreement continues to progress, with Newmont incurring expenditures in the order of $330,000 since the agreement was signed in May, 2024, toward the $500,000 option period expenditure requirements due by Aug. 26, 2028. As per the agreement the tenements portions under the JV agreement have been separated and amalgamated to form a new single tenement EL 34507 which was issued on Aug. 26, 2026.

A project-wide prospect ranking and evaluation study is currently in progress and is currently expected to be completed during the December, 2026, quarter (Q4 2026). The outcomes of this work will be used to aid in guiding future exploration planning and prioritization.

Blair Way, chief executive officer, president and director, comments: "The JV is progressing to plan as the option period expenditures continue. We look forward to providing periodical updates on the farm-in JV."

Qualified person

D. Blair Way, BSc, PGeo, chief executive officer and president for the company and qualified person as defined by National Instrument 43-101, approved and supervised the preparation of the technical information in this news release.

About V Ten Metals Corp.

V Ten is a Canadian mining exploration company listed on the TSX Venture Exchange owns the Ni-Cu-PGE-Au (nickel-copper-platinum group element-gold) Tanami project, 1,237 square km strategically located adjacent to Newmont's Granites mine located in Northern Territory, Australia. The company has a farm-in JV in place exploring for potential gold targets. V Ten is led by a highly qualified team with a record of successful exploration worldwide.

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