210,000m Drilling Reinterpretation and 73.5km IP Survey Drive Thierry Drill Plan

QCCUFQCCUF

XXIX Metal completed reinterpretation of 210,000m of Thierry drilling, revealing bulk-tonnage potential at K1 and higher-grade zones at depth in K2. A 73.5 km IP survey detected strong sulphide anomalies between K1 and K2, prompting planned drilling in 2026.

1. Comprehensive Validation of 210,000 Metres of Historical Drilling

XXIX Metal Corp (QCCUF) has completed a full reinterpretation of more than 210,000 metres of legacy drill data at the Thierry Copper Project, applying the same rigorous data‐validation protocols used at its Opemiska mine camp. The exercise incorporated previously unassayed core, re-logged geological intervals and updated geophysical surveys, establishing a modern, validated database to underpin future resource definition. This work indicates that the near-surface K1 zone can support a bulk-tonnage open-pit scenario, with grades that increase with depth and remain open to the east, while K2 may host a higher-grade underground opportunity. No royalties encumber the project, and historical data conversion has materially enhanced the Company’s understanding of deposit scale and geometry.

2. 73.5-Line-Kilometre IP Survey Reveals District-Scale Targets

In Q4 2025 QCCUF completed the first systematic induced polarization (IP) survey at Thierry, covering 73.5 line-kilometres across three grid areas. Strong chargeability anomalies were detected over a 2.5-kilometre corridor between K1 and K2, suggesting sulphide accumulation along a major structural contact. East of K1, a 6.5-kilometre conductive trend was outlined, while a 1.5-kilometre horizon west of K2 remains untested and open at both ends. Integration of the new data with 25.6 line-kilometres of 2011 surveys has generated a suite of high-priority drill targets, positioning Thierry for a focused exploration program in 2026.

3. Enhanced Project Economics and Infrastructure Advantage

Since the last resource estimate in 2021, the copper price assumption used for cut-off calculations has risen from US$3.75/lb to above US$5.00/lb, lowering the economic threshold for marginal mineralization. This shift supports expansion of both K1 and K2 inventories and may accelerate conversion of inferred material. Thierry benefits from robust brownfield infrastructure—an all-season road, provincial power within 8 km, an airport 5 km away and nearby rail—under the jurisdiction of Pickle Lake, Ontario. These assets are expected to streamline permitting and development, enhancing the project’s value proposition for investors.

Sources

NN