May 6, 2026 – TheNewswire - Toronto, ON - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (OTCQB: TTTMF) (FSE: O4N) is pleased to announce that it has completed the 25 hole, 8,408 metre drill program on the Company’s 100% owned Electrolode Critical Minerals Property (the “Project”).

Program Details

This drill program is the culmination of a target identification, field validation and ranking program carried out over the course of a year. This began with an aerial drone magnetic survey as well as the application of leading-edge algorithms for interpretation of airborne VTEM data. These results were further processed by creating 3D Maxwell plates for analyzing the depth and dimensions of the identified VTEM conductors. The next phase followed with “boots-on-the-ground” geological mapping and soil geochemistry. Historical drill logs were re-interpreted and some new sampling and assaying were completed on selected historical core that had been catalogued and stored at the property. These efforts resulted in the identification of several new targets as well as a re-evaluation of the 12 historical critical-metals targets previously discovered. All these results were collated into a coherent litho-structural model whereby 3D targets were created. These were then evaluated and ranked, such that the upper 10% were selected for drill testing.

This systematic approach is a proven method for the exploration of VMS deposits under cover in the Archean greenstone belts of Northwestern Ontario.

“You can have the best geophysical models in the world, but eventually, you have to turn the drills to prove what's in the ground," said Michael Dehn, Executive Chairman of Total Metals Corp. "Just west of us, Great Bear demonstrated the sheer volume of drilling—over 400 holes and 200,000 meters—required to fully delineate a generational deposit. Our 8,000-meter, 25-hole program at Electrolode is a highly targeted, aggressive first pass that is already giving us the structural roadmap we need. We are thrilled with the execution of this program. This is just the beginning of the Electrolode story, and it points to a much larger, very exciting mineralized system that we are eager to chase with the drill bit.”

"The drill core is currently at the lab being processed, we anticipate reporting the highly anticipated assay results in the coming weeks.” commented Tyler Thorburn, President and CEO of Total Metals Corp.

“The successful execution of our drill program at Electrolode is a direct reflection of the exceptional caliber of our consultants, the resilience of our drillers, and the precision of our drill target planning and 3D modeling team," stated Rob Penczak, Vice President of Exploration at Total Metals Corp. "When we launched this campaign in late January with our initial 5,500-metre winter program, and then aggressively scaled up by mobilizing a second drill rig in February to accelerate the testing of our high-priority EM conductors, we knew we were putting a heavy logistical demand on our field operations. We would like to extend our deepest gratitude to everyone on the ground. They executed this program flawlessly while putting up with incredibly long water lines, coordinating some very long and complex drill moves across the property, and enduring long drive times to and from the drill sites every single day. Their hard work in the field, combined with the sharp predictive work from our modeling group, is what makes an ambitious exploration program like this a success.”

Table 1. List of drill-holes completed in recent program grouped by target theme

Hole Number	UTM Easting	UTM Northing	Elevation (m asl)	Final Depth (m)	Azimuth (degrees)	Dip (degrees)	Target
EL-26-002	512588	5649252	402.5	405.00	135.00	-70	Arrow/Garnet
EL-26-003	512588	5649253	402.6	12.00	134.00	-64	Arrow/Garnet
EL-26-003A	512589	5649252	402.6	387.00	134.00	-64	Arrow/Garnet
EL-26-004	512531	5649226	402.1	411.00	133.00	-66	Arrow/Garnet
EL-26-005	512828	5649207	401.0	120.00	139.00	-50	Arrow/Garnet
EL-26-006	512426	5649233	401.8	456.00	138.00	-65	Arrow/Garnet
EL-26-007	512827	5649206	401.0	267.00	185.00	-64	Arrow/Garnet
EL-26-008A	512896	5649292	401.0	165.00	131.00	-53	Arrow/Garnet
EL-26-009	512896	5649293	401.1	138.00	131.00	-62	Arrow/Garnet
EL-26-010	513087	5649415	400.8	132.00	140.00	-45	Arrow/Garnet
EL-26-013	508096	5645799	390.9	516.00	154.00	-62	Hornet Zone
EL-26-016	508157	5645850	392.5	513.44	152.00	-59	Hornet Zone
EL-26-019	508212	5645866	390.3	528.00	158.00	-65	Hornet Zone
EL-26-023	508308	5645873	390.3	129.00	153.00	-67	Hornet Zone
EL-26-024	508309	5645874	390.6	458.00	139.00	-66	Hornet Zone
EL-26-001	513131	5649164	401.0	489.00	95.00	-50	New Target
EL-26-011	507499	5645662	390.2	345.00	149.00	-45	New Target
EL-26-012	507100	5645462	391.5	345.00	153.00	-45	New Target
EL-26-014	507302	5645601	387.8	450.00	195.00	-45	New Target
EL-26-015	507109	5645018	383.7	336.00	145.00	-45	New Target
EL-26-017	508207	5646570	403.2	303.00	295.00	-45	New Target
EL-26-018	510459	5647966	402.1	390.00	155.00	-63	New Target
EL-26-020	510747	5648113	400.3	318.00	135.00	-45	New Target
EL-26-021	510834	5647965	396.4	201.00	135.00	-45	New Target
EL-26-022	510949	5648280	404.3	354.00	131.00	-45	New Target
EL-26-025	511606	5648579	401.2	240.00	142.00	-50	New Target

 

Figure 1. Electrolode property aerial image showing location of 2026 winter program drill-holes relative to Arrow Zone footprint and historical drilling by previous operators.

Click Image To View Full Size

 

Correction to News Release dated April 16, 2026

The Company wishes to correct the Cu Grade (g/t) unit of measurement listed in its April 16, 2026 news release. The correct unit of measurement is (%). The following chart is correct:

 

**	Tonnes	Zn Grade	Cu Grade	Au Grade	Ag Grade
Pick Lake	(Mt)	(%)	(%)	(g/t)	(g/t)
Indicated	1.78	19.2	0.9	0.3	36.1
Inferred	0.27	16.4	1.0	0.3	38.0

 

**The Pick Lake Deposit Historical Mineral Resource estimates were prepared by independent resource consultant MASSA Geoservices. Mineral Resources were estimated and reported with an effective date of October 15, 2020, using 3% Zn as a lower cut-off, are summarized in the statement and table above.

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 its 100% owned Electrolode Project covering over 3,300 contiguous hectares in northwestern Ontario. 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.

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.