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Total Metals Options High Grade Menary Gold Project With Historic Results Up To 8,120 g/t Au ; Highlights Strategic Position Surrounded by Coeur Mining  in the Rainy River District

December XX, 2025, Toronto, ON – Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (OTCQB: TTTMF) (FSE: O4N) is pleased to announce that it has entered into a Option Agreement (the “Agreement”) with Destroismaisons CLM Holdings Corporation (“Destroismaisons”) pursuant to which the Company, upon certain payments and expenditures as outlined herein, may acquire 100% of Destroismaisons’ right, title, and interest in the Menary Gold Project located near Kenora, Ontario (the “Transaction”). The Property is 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.

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 New Gold by Coeur Mining for an estimated $7 billion validates the district as a premier North American mining jurisdiction.

“The exploration data from Menary confirms the presence of a potent, high-grade gold system,” stated Michael Dehn, Executive Chairman of Total Metals. “With grab samples exceeding 8,000 grams per tonne and drill intercepts showing substantial width and grade, Menary represents a compelling exploration asset. Furthermore, the current acquisition of the district by Coeur Mining validates the strategic importance of the Rainy River belt. We are situated in the heart of an emerging mining powerhouse district.”

Pursuant to the Agreement, the Destroismaisons has granted the Company an exclusive right to acquire a 100% interest in the Property, subject to an existing NSR (as defined below), by making aggregate payments of $1,010,000 in cash and issuing $1,010,000 in common shares in the capital of the Company (each, a “Share”) over a four-year period.

The consideration is structured as follows: (i) $210,000 in cash and $210,000 in Shares within five days of the acceptance (the “Acceptance”) of the TSX Venture Exchange (the “TSXV”); and (ii) $200,000 in cash and $200,000 in Shares on each of the first, second, third, and fourth anniversaries of the Acceptance. Share issuances will be priced based on the prior 10-day volume weighted average price of the Shares trading on the TSXV. Upon completion of all payments and Share issuances, the Company will have earned a 100% interest in the Property, subject to the net smelter royalty of four and a half percent (4.5%) payable to Western Troy Capital Corp. (as to 3%) and William McNerney (as to 1.5%) (the “NSR”). The Option Agreement and Transaction remain subject to the review of the TSXV.

Property Description

The Menary Property consists of 27 mining claims and 1 mining lease together comprising an area of 276.5 hectares. The property is road accessible providing year-round access.

Detailed Historical Exploration Results

Galbraith “A” Shear Zone

Exploration by previous operators at the Galbraith “A” zone focused on a NW-SE trending shear structure hosting boudinaged, hematite-stained quartz veins. Channel sampling along the structure returned numerous high-grade intervals. Following channel sampling, selective grab samples were also collected from the high-grade shoots returning exceptionally high gold values.

Table 1: Significant Channel Sample Results (Galbraith “A”)

Distance (from datum)Sample TypeLength (m)Gold (g/t)
4.1m NWChannel1.0243.00
136.4m SEChannel1.045.38
139.7m SEChannel1.018.20
120.8m SEChannel1.017.97
104.7m SEChannel1.014.82

Table 2: Selected High-Grade Grab Samples (Galbraith “A”)

Sample NumberZoneEasting (NAD83)Northing (NAD83)Gold (g/t)
RRR399113Galbraith “A”43565054267078,120
RRR399115Galbraith “A”43565054267071,885
RRR399114Galbraith “A”43565154267081,400
RRR399112Galbraith “A”4356505426707566

Wagg Gold Zone Drilling

The Wagg Zone, located approximately 1 km south of Galbraith “A”, hosts a series of stacked gold-bearing quartz veins. The most recent drill programs (2010-2011) successfully intersected high-grade mineralization and identified new zones not visible at surface.

Table 3: Significant Diamond Drill Intercepts (Wagg Zone)

Drill Hole IDFrom (m)To (m)Core Length (m)*Gold (g/t)
MIN-11-1875.381.66.316.99
MIN-10-1011.115.44.314.81
MIN-10-0112.215.23.011.99
MIN-11-210.04.84.812.40
MIN-10-1644.645.81.28.31

*True widths of mineralization are not yet known. Intervals reported are core lengths.

Geological Context

The Menary Property is located in the Off Lake-Burditt Lake geological area of the Rainy River greenstone belt, at the contact with the Sabaskong Batholith. Mineralization is hosted in sheared mafic metavolcanics and is associated with quartz-feldspar porphyry dykes. Gold mineralization, consisting of native gold accompanied by 1 – 2% pyrite – chalcopyrite, occurs in deformed sugary-textured quartz veins, often accompanied by hematite staining. Historical preliminary metallurgical work on a composite 1,000 ton bulk sample indicates that the sample material is free-milling and that gold and silver can be recovered by gravity separation.

Regional Consolidation

The Company notes the recent definitive agreement whereby Coeur Mining will acquire New Gold. The Menary Property is immediately adjacent to the Rainy River claims. This acquisition highlights the long-term mining potential of the district.

QA/QC and Regulatory Disclaimers

Samples submitted by previous operators were analyzed by Accurassay Laboratories (Thunder Bay) and ALS Minerals (Vancouver). Methods included Fire Assay with AA finish and Gravimetric Finish for over-limits. Screen Metallic with AA Finish were also utilized for select samples with visible gold. Review of assay QA/QC results has not been done by the Company.

Grab samples are selective by nature and are unlikely to represent average grades on the property. Historical results and interpretations, including bulk sampling data referenced in past technical reports, assay results from drilling and channel sampling assay results have not been independently confirmed by the Company and should not be relied upon. The results presented herein have not been independently verified by the Company’s Qualified Person.

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

[email protected]

(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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