Mr. Scott Eldridge reports

MILITARY METALS FILES NI 43-101 TECHNICAL REPORT: MAIDEN INFERRED MINERAL RESOURCE ESTIMATE CONTAINING 6.5 MT GRADING 1.02% ANTIMONY AND 1.06 GPT GOLD TOTALING 67,000 TONNES OF ANTIMONY AND 222,000 OUNCES OF GOLD FOR FLAGSHIP TROJAROVA PROJECT, EUROPE

Military Metals Corp. has filed an independent technical report on SEDAR+ prepared in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects in support of the initial mineral resource estimate (MRE) on the company's 100-per-cent-owned Trojarova antimony-gold project in Europe.

Highlights:

• Inferred mineral resource of 6.5 Mt (million tonnes) at 1.02 per cent Sb (antimony) and 1.06 g/t (grams per tonne) Au (gold) for 67 kt (thousand tonnes) of antimony and 222 koz of gold (Table 1);
• MRE incorporated 53 diamond drill holes totalling 7,167 m of drilling and 55 intervals of underground chip samples totalling 202 m;
• Historical MRE is now replaced by a modern MRE that is prepared in accordance with the 2014 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards (CIM, 2014) and the CIM Best Practice Guidelines of Mineral Resources and Reserves (2019);
• The report is available on SEDAR+.

The 2026 Trojarova mineral resource estimate

The maiden MRE incorporates all historical and modern drilling completed on the project, as well as historical underground sampling. The historical database is made up of 66 drill holes and 66 chips samples totalling 14,841 m and 362 m, respectively. The 2025 drill campaign contains seven drill holes totalling 1,383 m. Three historical drill holes without analytical results available were excluded. Six mineralization wire frames, each supported by a minimum of two drill holes, were manually built based on a 0.1 per cent SbEq (antimony equivalent) threshold. A minimum wireframe width of 2.0 m was applied to all zones. Mineral resources above the 0.8 per cent SbEq cut-off were reported in four of the six mineralization wire frames.

Inferred mineral resources correspond to areas supported by at least two drill holes with nominal drill spacing of no more than 150 m. Classification boundaries were locally refined manually to reflect geological interpretation, grade continuity and zone thickness.

The MRE is constrained within estimation domains meeting a 2.0 m minimum mining width. A 50 m crown pillar was also excluded from the MRE.

Resource classification follows the CIM (2014) definition standards. Modelling and estimation were completed in Leapfrog Geo and Leapfrog Edge, and validation included database checks, wire-frame-to-block volume comparisons, statistical reviews and visual inspections on sections, plans, and longitudinal sections. Reporting assumes an antimony price of $29,000 (U.S.) per tonne and a gold price of $3,000 (U.S.)/oz, with an effective date of April 6, 2026.

The average grade, minimum mining width and other results or assumptions above do not guarantee future production.

Exploration growth potential

To date no significant mineralization has been intersected beyond the boundaries of the current inferred mineral resource estimate. However, mineral exploration beyond these boundaries has also been limited. There is geological evidence of the mineralizing structure or other sympathetic structures continuing northward along strike within the boundaries of the Trojarova project. Additional exploration along this corridor could identify targets for future drilling. Furthermore, the inferred mineral resource is open to depth, where additional drilling has the potential to incorporate additional volume into future mineral resource estimates.

About the Trojarova project

Discovered in the late 1970s, Trojarova was the focus of extensive surface and underground exploration over a two-kilometre strike length from 1983 to 1995, including 66 diamond drill holes for a total of 14,841 m and 1.7 km of underground workings. Efforts continued over the years as additional trenches were dug, and holes were drilled. Starting in 1990, underground development began, ultimately comprising a 300-metre-long adit connected to a 700-plus-metre-long drive in the footwall of the mineralized zone, with seven crosscuts into the mineralized zone for sampling.

These efforts culminated in a comprehensive study comprising drill logs, analyses, drill plans, maps and sections, deposit model studies, petrographic studies, metallurgical studies, and more, now detailed in a multivolume compendium of reports produced by the Slovak Geological Institute published in 1992.

The historical work carried out appears comprehensive, detailed and at a professional standard. The company considers this historical data relevant, as it will use it as a guide to plan future exploration programs and informs the inferred mineral resource estimate. The company also considers the data to be reliable for these purposes.

The company completed a confirmation drilling campaign in the winter of 2025 to validate historical work. Seven diamond drill holes totalling 1,383 m were drilled.

Qualified person

The report and mineral resource estimate were prepared by Luke Evans, MSc, PEng, principal resource geologist, global technical director, geology group leader for SLR Consulting (Canada) Ltd. and Amanda Kuhelj, PGeo, senior resource geologist -- mining advisory for SLR Consulting (Canada). It is reported in accordance with the CIM Definition Standards (2014). The scientific and technical information in this news release related to the Trojarova mineral resource estimate has been reviewed and approved by Mr. Evans, who is independent of Military Metals and a qualified person under National Instrument 43-101.

SLR is unaware of any environmental, permitting, legal, title, taxation, sociopolitical, marketing or other relevant issues that could materially affect the mineral resource estimate.

David Murray, PGeo, vice-president of exploration at Military Metals, a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

About Military Metals Corp.

The company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.

We seek Safe Harbor.