Total Metals Corp press release

Total Metals Reports Remaining Results from Winter 2026 Exploration Program at its Electrolode Critical Metals Project

2026-07-13

TSXV - TSX Venture Exchange · Gold · Copper · Zinc · Silver · Canada · Drill Results

(TheNewswire)

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July 13, 2026 – TheNewswire - Toronto, ON - Total Metals Corp. (“TotalMetals” or the “Company”) (TSX-V: TT) (OTCQB: TTTMF) (FSE: O4N) is pleased to announce the results from the fifteen remaining unreleased drill-holes in its 8,408 metre, 25 hole winter drilling program at the Electrolode critical metals property, located in northwestern Ontario (the “Project”) completed in early 2026. Detailed results for the first ten holes were previously released on June 22, 2026.

The 3,300 hectare Electrolode property, located 69 km from Ear Falls, Ontario hosts the Arrow Zone with a NI 43-101 compliant current Inferred Mineral Resource1, with an effective date of June 1, 2025, containing 2.11 million tonnes averaging 0.66% Cu, 4.74% Zn, 17.92 g/t Ag and 0.66 g/t Au.

Ten other mineralized zones have been identified and explored on the property by previous operators including those in the Copperlode area 4.5 km southwest of Arrow.These were all systematically reviewed by Total Metals along with newly identified targets that together were ranked and selected for follow-up drill testing. The 2026 program has demonstrated that the Project has considerable potential remaining for increasing metal resources at the Arrow Zone as well as the Hornet Zone. Also, the area under Garnet Lake has significant exploration potential and is considered a priorityarea for future programs.

HIGHLIGHTS

Copperlode Area

High Grade copper intercept received at Copperlode.

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Hole EL-26-013 returned 2.90% Zn, 1.15% Cu, 0.06 g/t Au, 13.30 g/t Ag over 7.67 m core length for the Hornet Zone

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Includes 3.62% Zn, 3.19% Cu, 0.23 g/t Au, 37.29 g/t Ag over 1.74 m

Anomalous zinc and copper results from other targets together with revised geologic models support a strong target base for future critical metals exploration that could potentially increase metal resources at the Arrow Zone as well as the Hornet Zone.

The program 2026 winter drill program at Electrolode was an overall success taking into account for significant results from the Arrow Zone previously released2on June 22, 2026:

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Hole EL-26-006 returned 8.40% Zn, 0.40% Cu, 0.35 g/t Au, 21.88 g/t Ag over 4.00 m core length for the Arrow Zone

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Includes 20.05% Zn, 0.23% Cu, 0.33 g/t Au, 27.54 g/t Ag over 1.54 m containing an interval of 37.38% Zn over 0.73 m

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Hole EL-26-006 also returned 7.81% Zn, 1.90% Cu, 0.72 g/t Au, 56.51 g/t Ag over 4.30 m core length for a zone in the hanging wall of the Arrow Zone

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Includes 16.91% Zn, 3.59% Cu, 1.33 g/t Au, 116.77 g/t Ag over 1.91 m containing an interval of 38.20% Zn over 0.42 m

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Hole EL-26-003A returned 7.00% Zn, 0.47% Cu, 0.25 g/t Au, 32.73 g/t Ag over 7.18 m core length for the Arrow Zone

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Includes 20.14% Zn, 0.89% Cu, 0.37 g/t Au, 112.29 g/t Ag over 1.70 m

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Hole EL-26-004 returned 3.85% Zn, 0.50% Cu, 0.19 g/t Au, 18.59 g/t Ag over 9.75 m core length for the Arrow Zone

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Includes 20.44% Zn, 0.98% Cu, 0.21 g/t Au, 39.07 g/t Ag over 1.45 m

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Hole EL-26-002 returned 5.10% Zn, 0.50% Cu, 0.41 g/t Au, 18.21 g/t Ag over 4.55 m core length for the Arrow Zone

“The first-pass regional drilling completed in early 2026 was a resounding success, fundamentally upgrading our geological model and confirming that both the Arrow and Hornet Zones remain wide open for expansion.” commented Tyler Thorburn, President & CEO. “We are now advancing a systematic, data-driven strategy to unlock Electrolode’s ultimate value. By leveraging modern, deep-penetrating geophysics and fully integrating a wealth of historical data, we are sharpening our drill targets with precision. We have a clear line of sight to significant resource growth.”

Technical Details

The 2026 winter drill campaign, initially planned for 5,500 metres with one rig, was activated in late January, and was subsequently ramped up to an 8,000 metre program with the addition of a second rig. Drilling ended in mid-April with 25 holes completed totalling 8,408 metres. The distribution of drill-holes, shown in Figure 1, targeted two main sectors: the Arrow / Garnet area and the Copperlode area, as well as a variety of other targets planned on the basis of compiled geology combined with recent 3D geophysical modeling by external consultants. A 3D magnetic inversion model was created from an October 2024 high resolution UAV-borne survey completed by EarthEx Geophysical Solutions Inc. over the Copperlode area using their eMAG system. Maxwell plate models were also created, derived from data for selected electromagnetic conductors identified in a May 2017 VTEMTMplus survey by Geotech Ltd. for Pistol Bay Mining Inc. over a large area that covers the Electrolode property.

The main targets on the property are volcanogenic massive sulphide (VMS) deposits, though being cognizant of location in the Red Lake district, prospective structures for gold are also evaluated.

The focus of the information disclosed in this release are the results of drilling completed in the Copperlode area as well as from geophysical targets within a 2 km corridor southwest of Arrow / Garnet.

[](https://www.thenewswire.com/data/tnw/clients/img/3daeb226611e7ca05d6a993bb2d3000d.png) Click Image To View Full Size

Figure 1. Surface geology of the Electrolode property showing distribution of drill-holes completed in 2026 winter program. Results from the Arrow / Garnet area were previously released on June 22, 2026.

Within the Copperlode area, a total of 7 holes were drilled on the Copperlode zones themselves, and 3 holes were drilled on peripheral target areas. In the 2km corridor southwest of Arrow Zone, a total of 5 holes were drilled. Table1 summarizes drill-hole coordinates, hole orientation as well as target information for the fifteen holes.

Table 1. List of remaining unreleased drill-holes completed during the 2026 winter drill program outside of the Arrow / Garnet area.

| Hole Number | UTM ^Easting | UTM ^Northing | Elevation (m asl) | Final Depth (m) | Azimuth (degrees) | Dip (degrees) | Target

Area | | EL-26-011 | 507499 | 5645662 | 390.2 | 345.00 | 149.00 | -45 | Copperlode | | EL-26-012 | 507100 | 5645462 | 391.5 | 345.00 | 153.00 | -45 | S-CL Fault | | EL-26-013 | 508096 | 5645799 | 390.9 | 516.00 | 154.00 | -62 | Copperlode | | EL-26-014 | 507302 | 5645601 | 387.8 | 450.00 | 195.00 | -45 | Copperlode | | EL-26-015 | 507109 | 5645018 | 383.7 | 336.00 | 145.00 | -45 | L13 Target | | EL-26-016 | 508157 | 5645850 | 392.5 | 513.44 | 152.00 | -59 | Copperlode | | EL-26-017 | 508207 | 5646570 | 403.2 | 303.00 | 295.00 | -45 | L5 Target | | EL-26-018 | 510459 | 5647966 | 402.1 | 390.00 | 155.00 | -63 | Far East | | EL-26-019 | 508212 | 5645866 | 390.3 | 528.00 | 158.00 | -65 | Copperlode | | EL-26-020 | 510747 | 5648113 | 400.3 | 318.00 | 135.00 | -45 | Far East | | EL-26-021 | 510834 | 5647965 | 396.4 | 201.00 | 135.00 | -45 | Far East | | EL-26-022 | 510949 | 5648280 | 404.3 | 354.00 | 131.00 | -45 | Far East | | EL-26-023* | 508308 | 5645873 | 390.3 | 129.00 | 153.00 | -67 | Copperlode | | EL-26-024 | 508309 | 5645874 | 390.6 | 458.00 | 139.00 | -66 | Copperlode | | EL-26-025 | 511606 | 5648579 | 401.2 | 240.00 | 142.00 | -50 | Garnet Lake |

^Collar coordinate datum NAD83 / Zone 15

*Hole stopped due to excessive deviation, recollared as EL-26-024

The Copperlode Zone is comprised of five separate bodies of VMS mineralization that have potential for developing coherent mineral resources similar to the Arrow Zone deposit. The Hornet and E zones have reported historic copper and zinc resources that have not been updated to 43-101 compliant standards. Drill-holes completed in the Copperlode area during the 2026 program (Figure 2) includes holes testing some of these zones as well as holes targeting other targets defined by structural breaks, geophysics or areas of intense rock alteration.

[](https://www.thenewswire.com/data/tnw/clients/img/f41ce79dd266025f1ffd6de03304a9c4.png) Click Image To View Full Size

Figure 2. Surface geology of the Copperlode area showing the location of holes completed in the sector during the 2026 winter drilling program. Results from 7 holes targeting the Copperlode zones (Hornet, B, C, D and E zones) are presented in Table 2. Results for other 3 holes drilled on peripheral targets are listed in Table 3.

Drill-holes targeting the Copperlode zones (EL-26-011, EL-26-013, EL-26-014, EL-26-016, EL-26-019, EL-26-023 and EL-26-024) were designed to test a geological concept that emerged from compiled historic geological mapping together with recently modeled property geophysics. This concept indicates that the Copperlode zones are contained within an envelope of folded volcanic stratigraphy that are cross-cut by a pair of faults (CL-N and CL-S). Hole EL-26-012 was drilled to test the CL-S fault as well as an area intense VMS-style footwall wall-rock alteration. Similarly, hole EL-26-015 tested an area of documented intense VMS-style footwall alteration adjacent to an intrusive contact. In the northern part of this sector, hole EL-26-017 was drilled to test a conductor along strike of the historic Pipe Zone. Results for holes drilled in the Copperlode area are summarized in Table 2 (Copperlode zones) and Table 3 (other peripheral targets).

Table 2. Significant assay results from the Electrolode winter 2026 drilling targeting the historic Copperlode zones.

| Hole Number | From (m) | To

(m) | Length * (m) | Zone | Zn % | Cu % | Au (ppm) | Ag (ppm) | | | | | | | | | | | | EL-26-011 | 119.05 | 122.00 | 2.95 | C Zone / CL-N | 0.78 | 0.05 | 0.00 | 2.72 | | | | | | | | | | | | EL-26-013 | 410.60 | 411.17 | 1.01 | D Zone | 1.24 | 0.06 | 0.01 | 10.35 | | EL-26-013 | 470.72 | 478.39 | 7.67 | Hornet | 2.90 | 1.15 | 0.06 | 13.30 | | Includes | 475.03 | 478.39 | 3.36 | Hornet | 4.02 | 1.25 | 0.11 | 15.38 | | Also Incl. | 474.58 | 476.32 | 1.74 | Hornet | 3.62 | 3.19 | 0.23 | 37.29 | | EL-26-013 | 495.20 | 495.94 | 0.74 | FW to Hornet | 4.29 | 0.07 | 0.01 | 4.82 | | | | | | | | | | | | EL-26-014 | 131.30 | 135.00 | 3.70 | C Zone / CL-S | 1.02 | 0.06 | 0.00 | 3.06 | | EL-26-014 | 140.40 | 143.10 | 2.70 | FW to C Zone | 0.38 | 0.10 | 0.00 | 5.79 | | | | | | | | | | | | EL-26-016 | 130.48 | 132.50 | 2.02 | E Zone | 0.85 | 0.16 | 0.04 | 6.85 | | EL-26-016 | 435.44 | 438.00 | 2.56 | D Zone | 1.89 | 0.04 | 0.01 | 9.17 | | EL-26-016 | 466.26 | 468.21 | 1.95 | Hornet | 2.19 | 0.12 | 0.01 | 22.98 | | | | | | | | | | | | EL-26-019 | 433.35 | 437.90 | 4.55 | D Zone | 0.91 | 0.18 | 0.01 | 22.4 | | EL-26-019 | 464.35 | 465.50 | 1.15 | Hornet | 3.19 | 0.10 | 0.01 | 12.41 | | | | | | | | | | | | EL-26-023 | NSV (Hole Abandoned – Did Not Reach Target) | | | | | | | | | | | | | | | | | | | EL-26-024 | 404.45 | 405.50 | 1.05 | Hornet | 1.69 | 0.01 | 0.01 | 5.18 |

*Reported as core length. True thickness estimates not available.

NSV = No significant assay results

Drill-holes targeting the D, E and Hornet zones were drilled well below the Maxwell plates models to test confirmation of fold geometry and depth continuity. The best result received for Copperlode is from hole EL-26-013 where an interval of 2.90% Zn, 1.15% Cu, 0.06 g/t Au and 13.30 g/t Ag over 7.67 metrescore length was intersected 395 metres below surface in the Hornet Zone. This interval also contained elevated gallium (23.93 ppm Ga) and indium (26.77 ppm In). The other holes targeting this area intersected narrower intervals of lower-grade zinc (<3% Zn) and copper mineralization (<0.20% Cu) confirming mineralization continues within the interpreted geometry.

Figure 3 illustrates the 3D geophysical concept of targets, showing the drill-hole trajectories relative to Copperlode Maxwell plates as well as other structural features tested. Holes EL-26-011, EL-26-012 and EL-26-014 intersected either the CL-N or CL-S fault. No anomalous Zn, Cu, Au or Ag values from the drill program were associated with these structures. Geological observations from core logging noted these structures as moderate to intense silicification features later brecciated with clay-filled gouge suggesting either a protracted history for these structures in this area, or the faults are cutting an area of pre-existing syn-volcanic VMS alteration. Hole EL-26-011 noted an increase of aluminosilicates (staurolite and garnet) as well as the absence of magnetite towards the end of the hole which is spatially coincident with the edge of a prominent low magnetic feature between the two faults.

[](https://www.thenewswire.com/data/tnw/clients/img/3c26c528bd9ca83d33f211c62f0e85a4.png) Click Image To View Full Size

Figure 3. Geophysical and structural features targeted in the Copperlode area shown in 3D tilted plan view looking north. 3D magnetic inversion represented by semi-transparent purple isoshells outlining elevated magnetic units (magnetic susceptibility >0.00274 SI). Full colour horizontal section represents magnetic susceptibility at -300 m below surface. Nested within the inversion model are Maxwell plate models derived from the 2017 VTEM survey over the Property. The interpreted planes of the north steeply dipping CL fault zones are also shown together with 2026 program holes which have tested some of the features shown.

Drill-hole EL-26-015 did not return any significant values for the same folded magnetic unit also tested by holes EL-26-012 and EL-26-014 south of the CL-S fault, although the strong VMS alteration noted from historic mapping is present throughout the hole. Hole EL-26-017 targeting a conductor on strike with the Pipe Zone intersected an anomalous copper-zinc interval at the top of the hole, but not at the targeted depth elevation corresponding to the Maxwell plate model.

In the trend between the Arrow / Garnet and Copperlode areas, numerous VTEM conductors were modelled as Maxwell plates, but within the limited drilling window only a select few were drilled during the program (Figure 4).

[](https://www.thenewswire.com/data/tnw/clients/img/fbb75cecafb87a8add1200187f670c47.png) Click Image To View Full Size

Figure 4. Surface geology of the Garnet Lake – Far East area showing the location of holes completed in the 2 km corridor southwest of the Arrow Zone. Collars for previously holes EL-26-001 to EL-26-010 drilled at Arrow are shown for reference but not labelled (please refer to the June 22, 2026 release for description and results).

Four drill-holes (EL-26-018, EL-26-020, EL-26-021 and EL-26-022) were drilled testing a group of conductors spatially associated with the northernmost lens of the Far East Zone. All holes drilled in this area intersected each targeted plate model which progressively step deeper below surface to the southwest from plate L6110 to L6070. With the exception of hole EL-26-022, all holes intersected anomalous zinc and copper values. The result from EL-26-018 (14,220 ppm Zn) is interesting in that the Maxwell plate modelling identified L6070 as a deep conductor that was not known previously.

Table 3. Significant assay results from the Electrolode winter 2026 drilling targeting other Property exploration targets.

| Hole Number | From (m) | To

(m) | Length * (m) | Target | Zn

(ppm) | Cu

(ppm) | Au (ppm) | Ag (ppm) | | | | | | | | | | | | EL-26-012 | - | - | - | CL-S | NSV | | | | | | | | | | | | | | | EL-26-015 | - | - | - | L13 | NSV | | | | | | | | | | | | | | | EL-26-017 | 7.00 | 8.00 | 1.00 | L5 | 1220 | 16000 | 0.12 | 19.50 | | | | | | | | | | | | EL-26-018 | 342.20 | 343.40 | 1.20 | Far East L6070 | 14220 | 732 | 0.03 | 8.85 | | | | | | | | | | | | EL-26-020 | 51.00 | 55.20 | 4.20 | Far East L1 | 2085 | 310 | 0.04 | 1.80 | | EL-26-020 | 75.20 | 77.00 | 1.80 | Far East L1 | 3298 | 763 | 0.13 | 4.70 | | EL-26-020 | 208.00 | 214.80 | 6.80 | Far East L2 | 1755 | 1167 | 0.05 | 3.61 | | | | | | | | | | | | EL-26-021 | 67.95 | 69.40 | 1.45 | Far East L1 | 4299 | 340 | 0.05 | 2.96 | | | | | | | | | | | | EL-26-022 | - | - | - | Far East L6110 | NSV | | | | | | | | | | | | | | | EL-26-025 | 196.30 | 202.15 | 5.85 | GL-3 Plate | 1844 | 174 | 0.01 | 1.05 |

*Reported as core length. True thickness estimates not available.

NSV = No significant assay results

The results of geological compilation and modeling suggest the presence of northwest trending faults that disrupt the pattern of magnetic features within the volcanic stratigraphy southwest of the Arrow Zone. Late in the drill program, additional Maxwell plate models were created for VTEM conductors in the Arrow / Garnet area continuous to the conductors drilled in the Far East Zone area. As a result of the continuity of the conductor trend from Arrow to the southwest, the area under Garnet Lake was determined to be an area of high potential. However, because of limitations to access and drill set-ups late in the program only one conductor, GL-3, could be drilled. Hole EL-26-025 targeted the centre area of the Maxwell plate for GL-3 (Figure 5) returning anomalous zinc and copper values.

[](https://www.thenewswire.com/data/tnw/clients/img/13d3d548190a92565968ba59e54e82f1.png) Click Image To View Full Size

Figure 5. Vertical section looking southeast showing Arrow Zone >5000 ppm Zn numeric model together with modeled Maxwell plates and interpreted faults (note: fault dips not known but are assumed to be near-vertical). Area of exploration potential is highlighted under Garnet Lake.

Figure 5 is a vertical section showing the spatial location of Maxwell plate models relative to the Arrow Zone >5,000 ppm Zn footprint. From this view, it is apparent that Maxwell plates associated with the Arrow Zone do not extend at depth to the main body of mineralization due a possible depth limitation for the VTEM survey below 350 m in this area. This relationship supports a reasonable conclusion that exploration potential exists below Maxwell plates extending to depth (>300 m below surface). In this scenario, the area under Garnet Lake has significant exploration potential and is considered a priority area for future programs.

Next Steps

This regional evaluation of the Electrolode Property has demonstrated that the Project has considerable potential remaining for increasing metal resources at the Arrow Zone as well as the Hornet Zone. The 2026 program was designed as a first pass regional assessment of selected targets and has added considerable detail to the geologic model of the property. To further enhance understanding and continue testing critical metals potential on the property, the anticipated next steps for the project are:

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Model and incorporate all remaining data including ground geophysical surveys, borehole geophysics, detailed drill logs and rock geochemistry previous operators.

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Evaluate the application of various commercial deeper “seeing” geophysical methods suited for the mineralization styles at Electrolode.

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Review and re-rank targets, and if warranted, prepare a new exploration permit to better position possible future drilling to test targets that were not accessible in the current permit, including those under Garnet Lake.

QA/QC Procedures

Protocols for core logging, sampling and QAQC were developed together with Bayside Geoscience Inc., who managed project site exploration activities on behalf of and under direction of the Company during the duration of the winter drilling program. Drilling was contracted to Platinum Diamond Drilling Inc. with NQ2 size core produced. Once the core was logged and marked for sampling, samples were sawn in half. Certified reference material standards and blanks were inserted into the sample sequence on a rotating basis and together combined with sealed samples in zip tie secured rice bags and securely delivered by Bayside personnel to AGAT Laboratories Ltd. All sample preparation and 30 g fire assay ICP-OES finish was completed in Thunder Bay and all 4-Acid digestion and 48 multi-element analysis (ICP-OES/ICP-MS finish) was done at AGAT’s Calgary location. Samples >1% Zn, >1% Cu and >100 g/t Ag were reanalyzed as over limit with AGAT’s 4-Acid Metals Package (ICP-OES and/or ICP-MS finish). Internal laboratory standards and blanks were also analyzed by AGAT and reported with the certified assay results. A selected subset of mineralized sample pulps and additional CRMs were shipped and analyzed by a third-party lab independent of AGAT for further verification.