20:43:22 EDT Thu 29 Oct 2026
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Go Metals Corp (3)
Symbol GOCO
Shares Issued 15,861,250
Close 2026-10-26 C$ 0.045
Market Cap C$ 713,756
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Go Metals partner Eureka Metals begins drilling at KM98

2026-10-29 17:48 ET - News Release

Mr. Scott Sheldon reports

GO METALS ANNOUNCES COMMENCEMENT OF MAIDEN DRILL PROGRAM AT KM98 BY EUREKA METALS

Go Metals Corp. option partner Eureka Metals Corp. has commenced diamond drilling at the KM98 project, located approximately 60 kilometres north of Havre-Saint-Pierre, Que.

Eureka holds an option to earn up to an 80-per-cent interest in KM98 from Go Metals. Eureka is operating and financing the maiden drill program at the Hook target, which is being carried out by IOS Geosciences.

Highlights:

  • Diamond drilling has commenced at the Hook target, with eight holes planned from four approved drill sites to depths of up to 200 metres.
  • The program will test previously undrilled magnetic and conductive anomalies along an approximately five-kilometre prospective trend.
  • Previous exploration identified massive and semi-massive titanium-bearing oxide mineralization at surface.

The program will test areas of known surface mineralization over the geophysical anomaly. Drilling is designed to evaluate the potential for titanium-bearing oxide mineralization at depth and better understand the continuity of the mineralized system.

"The commencement of drilling at KM98 marks an important milestone following exploration and technical work by Go Metals," said Scott Sheldon, president and chief executive officer of Go Metals. "We are pleased to be working with Eureka as they build on that foundation and advance the project into its first drill campaign. With multiple targets along a five-kilometre trend, we look forward to seeing these targets tested at depth."

Qualified person

The technical information in this news release has been reviewed and approved by Hugues Longuepee, PGeo, of IOS, a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. IOS has been engaged by Eureka to conduct the drill program. Mr. Longuepee is independent of the company.

About Go Metals Corp.

The company continues to prioritize innovation and responsible exploration practices in the pursuit of critical metals in mining-friendly jurisdictions. The company's base metal project portfolio includes KM98, a Ti-V-Fe (titanium, vanadium and iron) project, HSP, a Ni-Cu (nickel and copper) project, and Monster, an IOCG (iron oxide, copper and gold) project.

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