FinEx Metals Reports Assay Results from Ruoppa Gold Project

Vancouver, British Columbia — January 23, 2026 — Leads & Copy — FinEx Metals Ltd. (TSX-V: FINX) has announced assay results from its maiden drill program on the 100% owned Ruoppa gold project in the Central Lapland Greenstone Belt of northern Finland.

The company completed 14 diamond drill holes totaling 2,483 meters in August and September 2025, with initial results released Nov. 25, 2025.

Ten of the 14 holes intersected gold-mineralized quartz vein swarms. Drilling analysis has identified several targets for follow-up, including strike extents and down plunge areas.

Hole RUO25D011 from Ruoppa East returned 9.20 meters grading 0.66 g/t gold, combining with an underlying interval for a 24.4 meter alteration zone averaging 0.35 g/t gold.

Drill hole RUO25D008 returned higher grade intervals of 1.65 m grading 3.26 g/t gold and 1.1 m grading 4.92 g/t gold. Located 330 meters southwest of the main surface mineralization, it suggests continuation along a contact between volcanic and granodiorite lithologies.

FinEx Metals plans an approximate 1,500 meter drill program for the second quarter of 2026 to test structural targets supported by trench mapping, historical IP geophysics (Induced Polarization) and base-of-till gold anomalism. The program will continue testing the gold system's extents up to 1,200 meters west at Ruoppa Central.

President and CEO Tero Kosonen said the drilling aims to confirm the system and define exploration vectors. The company has verified gold and encountered alteration over meaningful widths. The team is developing a follow-up program to explore priority targets.

The Ruoppa gold project lies along the same structural corridor that controls Agnico Eagle’s Kittilä gold deposit. All 14 drill holes were drilled at Ruoppa East, one segment of the 2.7-km-long gold anomaly delineated in 2025.

Drilling confirmed that the Ruoppa gold mineralization is structurally-hosted along a deformation corridor paralleling a tectonized contact between volcano-sedimentary rock and a granodiorite intrusion. Trench mapping and drill data indicate a consistent east–west trending structural setting.

Vein analysis identified east–west trending vein orientations, with intervals of increased cumulative vein thickness associated with the structural corridor. Veins are accompanied by alteration halos and sheared primary structures.

The vein orientations correlate with surface vein measurements from trenches. Key vein orientations include subvertical veins, veins moderately dipping to the northeast, and flat veins with a moderate dip to the south.

Structural analysis is ongoing to model the gold-bearing veins. Vectoring relies on vein textures and shear bands in the core logging.

The initial five holes were described in a Nov. 25, 2025 press release. Remaining holes expanded mineralization south and west, testing the contact zone and the vertical continuation of gold bearing quartz veins. Drill holes RUO25D013 and RUO25D014 were step outs, with RUO25D014 situated 420 metres west of drill hole RUO25D001.

Analytical results for all 14 drill cores show gold values correlating with Bismuth and Tellurium. Gold mineralized intervals are associated with anomalous copper, with a maximum of 0.15 %.

Figures show the contact zone and the company's interpretation of the subsurface geology. Gold bearing quartz veins are abundant within the local deformation zones and defined by zones of lower magnetic response. Drill holes which crossed the volcanic-granodiorite contact encountered gold mineralized, quartz-carbonate veins which imply further exploration targets along the wide contact zone.

Vein thickness and intensity correlate with elevated gold grades. Underneath the till cover gold mineralized veins have been encountered in drilling over 430 metres along the contact zone. The Top-of Bedrock gold anomaly is defined over 2,700 metres strike length.

The Q2 2026 campaign plans approximately 1,500 drill metres for two target areas: (1) an interpreted plunge direction to the east in an attempt to define thicker and more quartz-rich zones and to test a zone of anomalous gold in soils and weathered bedrock on the northern side of drill hole RUO25D009 at Ruoppa East; and (2), the potential continuation of the gold system up to 1,200 metres further to the West, which is supported by trench mapping, historical IP geophysics (Induced Polarization) and base-of-till gold anomalism.

The Company’s Ruoppa project is situated in the Central Lapland Greenstone Belt in Finland, adjoining Agnico Eagle’s Kittilä mine land position, the largest gold mine in Europe and in proximity to the land position that hosts Rupert Resources’ Ikkari discovery.

FinEx Metals Ltd. (TSX-V: FINX) is a gold-focused mineral exploration company with projects in the Central Lapland Greenstone Belt in Finland.

FinEx Metals is part of the NewQuest Capital Group.

Dr. Petri Peltonen, MAusIMM(CP), EurGeol, a Qualified Person, has reviewed and approved the scientific and technical information in this release.

Source: FinEx Metals Ltd.