18:27:36 EDT Thu 06 Aug 2026
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Irruptive Metals Corp.
Symbol IRR
Shares Issued 114,592,362
Close 2026-08-06 C$ 1.50
Market Cap C$ 171,888,543
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ORIGINAL: Irruptive Metals Receives Environmental Clearance for Deep Porphyry Drilling at Pimentón Project

Significant Milestone Enables Irruptive Metals to Accelerate Exploration Program

2026-08-06 17:01 ET - News Release

Toronto, Ontario--(Newsfile Corp. - August 6, 2026) - Irruptive Metals Corp. (TSXV: IRR) ("Irruptive Metals" or the "Company"), an emerging copper-gold exploration company advancing the high-potential Pimentón Project in Chile, is pleased to announce that Irruptive Metals has received regulatory clearance to enable the Company to advance its exploration program on an accelerated timeline at the Pimentón Project.

Specifically, Chile's Environmental Assessment Service (Servicio de Evaluación Ambiental) (the "SEA") has confirmed that the Company's "Deep Porphyry Confirmation Drilling - Pimentón" program (ID PERTI-2026-6338) is exempt from submission to Chile's Environmental Impact Assessment System (the "SEIA").

The SEA's decision, issued in response to a Pertinence Letter (carta de pertinencia) submitted by Minera Tamidak Limitada, the Company's joint venture partner at Pimentón, confirms that no prior environmental assessment is required for the planned drilling activities. This regulatory clearance represents a significant milestone for Irruptive Metals.

"Securing environmental clearance for our deep porphyry drilling program marks an important step forward for Irruptive Metals," said Alfredo Bazo, President and CEO of Irruptive Metals. "This approval allows us to move quickly to test the significant copper-gold potential we see at the Central target. We look forward to commencing drilling and sharing results as we advance the Pimentón Project toward resource definition."

Advancing Exploration at the Pimentón Central Target

The drilling program will target the Central zone of the Pimentón copper-gold porphyry cluster, where previous exploration has identified compelling mineralization potential. Diamond drilling will focus on confirming geological continuity at depth and expanding the known mineralized footprint laterally, providing critical data to support future resource definition work.

This drilling campaign forms a key component of Irruptive Metals' district-scale exploration strategy, which is designed to unlock the full copper-gold potential of the Pimentón property and advance the project toward resource delineation.

With environmental clearance now secured, Irruptive Metals is proceeding with operational planning for the drilling campaign and expects to provide further updates as the program advances. The Company remains committed to conducting all exploration activities in accordance with best practices in safety, environmental stewardship, and community engagement.

Qualified Person

The scientific and technical information in this news release has been reviewed and approved by Claudio Burgoa, P.Geo, Chief Geologist of Irruptive Metals, a qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and Qualified Person #535, Comisión Minera de Chile.

About Irruptive Metals Corp.

Irruptive Metals Corp. (TSXV: IRR) is a Canadian copper-gold exploration company focused on unlocking value from high-quality mineral projects in Chile. The Company's flagship Pimentón Project is strategically located within one of the world's most prolific porphyry copper-gold belts and has been the subject of extensive historical exploration by major mining companies, underscoring its significant discovery potential.

For further information, contact:

Alfredo Bazo
President, Chief Executive Officer and Director

Email: info@irruptivemetals.com
Website: https://irruptivemetals.com/

100 King Street, Suite 3400, Toronto, ON, Canada, M5X 1A4

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements that include, but are not limited to, statements regarding the Company's planned drill program, exploration targets, geological interpretations, future resource evaluation work, and the potential advancement of the Pimentón Project.

Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Pimentón Project. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Additional information, including risks facing the Company, are outlined in the Company's Filing Statement dated July 20, 2026, which is available on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile.

The forward-looking statements contained in this news release are made as of the date of this news release and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308438

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