Viridian Continues to Define Large-Scale, Near-Surface Mineralization at Kraken VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Viridian Metals Inc. (CSE: VRDN) (“Viridian” or the “Company”) is pleased to report final assay results from the remaining 17 drill holes completed during its 2025 drilling program at the Kraken Main Zone, located in Labrador, Canada. Final assays reported from the remaining 17 drill holes completed during the 2025 program at the Kraken Main ZoneConsistent, near-surface sulphide mineralization confirmed over an additional 360 metres of strike length, including tens of metres of mineralization intersected above the primary target horizon.Near-continuous sulphide mineralization defined over ~600 m × ~200 m (5 km EM conductor, supporting a large intrusive-hosted sulphide system “The final assays from our 2025 drilling program reinforce our interpretation of the Kraken Main Zone as a large, laterally extensive zone of near-surface sulphide mineralization,” said Tyrell Sutherland, CEO of Viridian Metals. “Drilling continues to demonstrate consistent, near-surface sulphide mineralization across a growing footprint, including mineralization extending beyond the primary target horizon. With only a small portion of the Main Zone tested, the results highlight the significant discovery potential as we continue to define mineralization along this 5km long zone.” Results from the final batch of drilling continue to confirm consistent, near-surface sulphide mineralization and extend confirmed mineralization north by 360 metres. Most drill holes in this phase did not reach the primary target horizon; however, they intersected tens of metres of sulphide mineralization above the target horizon, further supporting the presence of a large, robust mineralized system. Complete results for Viridian’s 2025 drilling are shown below. Holes 23-27 were originally reported by news release dated December 10, 2025 which is available on the Company SEDAR+ profile at www.sedarplus.ca and the Company’s website at www.viridianmetals.com Drillhole ID From To Length Ni Cu Co CuEq1 Hole Depth (m) (m) (m) (%) (%) (%) (%) (m)VKS25-023 0.00 22.35 22.35 0.1 0.08 0.02 0.29% 22.05VKS25-024 1.00 25.05 24.05 0.3 0.21 0.04 0.77% 25.05VKS25-025 21.00 26.25 5.25 0.09 0.06 0.01 0.24% 26.25VKS25-026 5.05 25.30 20.25 0.22 0.22 0.03 0.64% 25.30VKS25-027 2.85 7.90 5.05 0.31 0.38 0.04 0.98% 21.60VKS25-028 Abandoned in Overburden @3.7m3.70VKS25-029 In footwall - no significant intercepts10.95VKS25-030 1.85 24.25 22.40 0.17% 0.14% 0.02% 0.41% 26.25VKS25-031 Abandoned in Overburden @9.4m9.40VKS25-032 2.55 13.00 10.45 0.07% 0.05% 0.01% 0.17% 16.20VKS25-033 Abandoned in Overburden @5.3m5.30VKS25-034 Abandoned in Overburden @9.6m9.60VKS25-035 Abandoned in Overburden @3.6m3.60VKS25-036 Abandoned in Overburden @3.7m3.70VKS25-037 16.00 18.00 2.00 0.06% 0.08% 0.02% 0.20% 20.80VKS25-038 Abandoned in Overburden @5.4m5.40VKS25-039 7.35 8.65 1.30 0.05% 0.04% 0.01% 0.13% 8.85VKS25-040 0.00 11.05 11.05 0.04% 0.04% 0.01% 0.13% 11.10VKS25-041 1.80 15.00 13.2 0.04% 0.04% 0.01% 0.12% 28.60and 18.00 28.50 10.25 0.04% 0.05% 0.01% 0.13% VKS25-042 1.75 13.30 11.6 0.06% 0.05% 0.01% 0.16% 25.95VKS25-043 0.60 25.90 25.3 0.05% 0.04% 0.01% 0.13% 25.95VKS25-044 7.40 30.50 23.10 0.04% 0.04% 0.01% 0.11% 30.50VKS25-045 1.50 12.70 11.20 0.05% 0.05% 0.01% 0.13% 30.65and 16.30 30.65 14.35 0.04% 0.05% 0.01% 0.12% VKS25-046 4.60 29.80 25.20 0.08% 0.08% 0.02% 0.23% 30.75including 14.50 26.70 12.20 0.10% 0.10% 0.02% 0.29% VKS25-047 no significant intercept23.50VKS25-048 no significant intercept21.45VKS25-049 3.65 14.40 10.75 0.05% 0.06% 0.01% 0.15% 18.55VKS25-050 8.90 10.70 1.80 0.06% 0.11% 0.01% 0.21% 10.70VKS25-051 Abandoned @4.75m4.75 Drilling completed to date has now confirmed near-continuous sulphide mineralization over an area of approximately 600 metres along strike and 200 metres across, representing less than 10% of the interpreted Kraken Main Zone. The Main Zone is interpreted to extend over approximately 5,000 metres of strike length based on geophysical data and widely spaced drilling, highlighting the scale of the mineralized system as drilling continues to expand the footprint. 5km long Kraken Main Zone with 2025 Drill holes (red stars) and previously drilled holes. Confirming mineralization over ~ 600m x 200m." data-caption="Completed Diamond drill holes along the northern 600m of the >5km long Kraken Main Zone with 2025 Drill holes (red stars) and previously drilled holes. Confirming mineralization over ~ 600m x 200m." data-dpi="96" data-filename="Viridian Fig 02.jpg" data-mce-style="display: block; margin-left: auto; margin-right: auto;" height="508" src="https://ml.globenewswire.com/Resource/Download/719ef167-e7cf-424c-ac03-bca82e5a7eb8/viridian-fig-02.jpg" style="display:block; margin-left:auto; margin-right:auto;" width="600"/> Drilling at the Kraken Main Zone has consistently intersected sulphide mineralization within the lower Michikama