Mr. Brett Marsh reports

SPARTAN METALS - REVIEWING 2025 AND A LOOK AHEAD TO 2026

Spartan Metals Corp. has provided a summary of its key 2025 accomplishments and a review of its 2026 exploration strategy at its 100-per-cent-owned Eagle tungsten-silver-rubidium project in eastern Nevada.

2025 highlights:

• Acquired the Eagle tungsten-silver-rubidium project from Ridgeline Minerals (July 31) and changed the company name to Spartan Metals Corp.;
• Began trading on the TSX Venture exchange under the symbol W on Aug. 5;
• Completed a $2.25-million capital raise (Sept. 27);
• Significantly expanded its leadership team with the addition of Rebecca Ball as vice-president of exploration and added Michael Harp to its board of directors; Ms. Ball and Mr. Harp both bring vast experience, strong technical skills and passion for discoveries, which has helped drive a successful exploration campaign at the Eagle project; and
• Expanded the company's capital market reach globally though listing on the OTCQB (SPRMF) and on the Frankfurt exchange (J03).

Key exploration successes:

• Field reconnaissance and rock chip sampling were conducted, which confirmed historic work and provided new data in the Tungstonia area, providing a strong foundation for future work programs (Aug. 7);
• Identified high-grade silver-rich CRD targets on trend with the Tungstonia vein system which strongly suggests the potential for a larger carbonate replacement deposit target that could potentially contain significant critical metal concentrations (Nov. 3);
• Doubled the number of exploration and mining claims at Tungstonia to cover 7,131 acres (Nov. 25);
• Identified two new tungsten-silver-rubidium targets of potentially significant scale (Dec. 9) expanding the known mineralized footprint of the Tungstonia system; and
• Provided encouraging assay results on the tailings at the former Tungstonia mine, which support the company's belief that the legacy Tungstonia tailings can be an important part to finance future development at Eagle (Dec. 18).

2026 catalysts

Spartan begins 2026 with a clear strategy to build on the strong performance of 2025 and advance exploration at the Eagle project:

• Conduct a high-value targeted drill campaign on priority targets identified from the compilation of the 2025 surface mapping and sampling program;
• Publish metallurgical results from the tailings at Tungstonia to help better understand the economic potential in the readily accessible tailings and waste rock; and
• Seek non-dilutive financing to support growth plans; at present, the need for domestic critical minerals in the United States is a top priority for the federal government, and financing in this sector has been made available to meet the government's critical mineral onshoring objectives.

Brett Marsh, Spartan's president and chief executive officer, stated: "Spartan had a strong and successful year, especially considering that our exploration programs began late in 2025. Spartan now has a total of six high-quality exploration targets at Eagle: four at the Tungstonia deposit that include two extensive high-grade tungsten, silver and rubidium vein sets, one large silver-rich CRD, and one potential bulk tonnage tungsten-rubidium target, while at our Rees deposit, we have two targets including the past-producing Rees tungsten mine and the past-producing Antelope silver-copper-antimony mine. I am very optimistic about our ability to deliver meaningful results into 2026."

Investor relations agreement

As of Jan. 9, 2026, subject to the approval of the TSX Venture Exchange, the company has engaged Plutus Invest & Consulting GmbH to provide investor programs to increase awareness about the company in Europe for a 12-month term. The program includes strategic planning, content creation, ad placement, media buying and execution. The company agrees to pay Plutus between 100,000 euros to 250,000 euros immediately for the entirety of the program. Plutus is arm's length to Spartan and currently has no interest in the company. Marco Messina is a managing director of Plutus and will be responsible for all activities related to the company.

The technical information contained in this news release has been prepared under the supervision of, and approved by, Brett R. Marsh, CPG. Mr. Marsh is president and chief executive officer of Spartan Metals, a qualified person as defined under National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Spartan Metals Corp.

Spartan Metals is focused on developing critical mineral projects in well-established and stable mining jurisdictions in the western United States, with an emphasis on building a portfolio of diverse strategic defence minerals such as tungsten, rubidium, antimony, bismuth and arsenic.

Spartan's flagship project is the Eagle project in eastern Nevada that consists of one of the highest-grade historic tungsten resources in the United States (the past-producing Tungstonia mine) along with significant underdefined resources consisting of: rubidium, antimony, bismuth and indium, as well as precious and base metals.

We seek Safe Harbor.