Mr. Greg Johnson reports

METALLIC MINERALS PARTNERS WITH VRIFY TO ADVANCE AI-ASSISTED DISCOVERY AND RESOURCE EXPANSION AT LA PLATA AND KENO HILL

Metallic Minerals Corp. has formed a strategic partnership with Vrify Technology Inc. to deploy advanced artificial intelligence (AI) and machine learning technology across Metallic's portfolio of high-potential precious metals and critical minerals projects in both Canada and the United States.

This collaboration marks an important step in Metallic's commitment to innovation and data-driven discovery. By combining decades of geological expertise with Vrify's powerful AI-assisted mineral discovery platform, Metallic will leverage AI to process extensive geological, geochemical and geophysical data sets to uncover new patterns, refine exploration targets and accelerate discovery in world-class mineral districts hosting the La Plata Cu-Ag-Au-PGE (copper-silver-gold-platinum group elements) project in Colorado and the Keno silver project in the Yukon.

"Artificial intelligence is transforming how exploration identifies and advances new mineral resources," said Greg Johnson, chief executive officer and chairman of Metallic Minerals. "Our partnership with Vrify allows us to apply cutting-edge AI technology to our data-rich projects in globally recognized districts like La Plata and Keno Hill. This approach complements our disciplined exploration methods and strong technical team, positioning Metallic among a select group of explorers pioneering AI-assisted mineral discovery."

With discovery rates declining over the past two decades and demand rising sharply for copper, silver and other critical minerals, the mining industry faces an urgent need for innovation. Metallic's integration of AI into its exploration process represents a proactive strategy to harness its extensive geological and geophysical data sets, applying advanced analytics to optimize target prioritization and unlock additional value from its district-scale assets -- accelerating the path from data to discovery.

Steve de Jong, chief executive officer of Vrify, commented: "Vrify's Dora allows every piece of project data -- regardless of when it was collected or its relationship to a specific geological model -- to contribute to identifying areas of high-potential mineralization. Metallic's La Plata and Keno silver projects, with tens of thousands of metres of drilling, extensive geochemical surveys and district-scale geophysical coverage, are ideal candidates for using our proprietary AI and machine learning models. By combining deep geological expertise with technology that uncovers structural relationships and hidden patterns within massive data sets, we're revealing the true potential of AI in mineral exploration alongside Metallic's technical team. We're thrilled to be partnering with Metallic Minerals as one of the early adopters of our exploration intelligence software."

Initial results using the Vrify AI system are already revealing promising new patterns across Metallic's extensive data layers, while independently validating known mineralized trends. The analysis leverages both deposit-specific and universal AI exploration models to identify correlations between mineralized zones and underlying datasets. Metallic is using these insights to prioritize follow-up work on new high-potential areas and to refine drill targets for upcoming programs at La Plata and Keno Hill.

About the La Plata and Keno silver projects

The La Plata copper-silver-gold-PGE project in southwestern Colorado is a rapidly advancing U.S. discovery with outstanding scale and growth potential. Exploration by Metallic Minerals has outlined a National Instrument 43-101 inferred resource of 1.21 billion pounds of copper and 17.6 million ounces of silver, with an upcoming resource update expected to add platinum, palladium and gold to an expanded copper and silver inventory. The 25-square-kilometre porphyry system hosts 10 additional porphyry centres and 15 high-grade epithermal targets, highlighting exceptional district-scale opportunity. Newmont Corp. holds a 9.5-per-cent strategic investment with three follow-on top-ups, supporting accelerated project advancement. Recognized by the U.S. Geological Survey under its Earth MRI program as a potential critical minerals resource area, La Plata combines large-scale copper and silver resources with high-value critical minerals -- including rare-earth and other import-dependent technology metals -- positioning it as a compelling potential emerging domestic source of critical minerals in the United States.

The Keno silver project in Canada's Yukon Territory provides exceptional leverage to the rising silver market. The company holds the second-largest land position in the historic, high-grade Keno Hill district, directly adjacent to Hecla Mining's operations -- one of the largest primary silver producers in North America. Hecla Mining's recent transition to positive free cash flow, and its recent expansion of high-grade resources, underscore the district's renewed strength and infrastructure advantages. Metallic's NI 43-101 inferred resource of 18.2 million-ounce silver equivalent ounces, hosted in shallow, open-pitable mineralization, offers a low-cost, scalable complement to Hecla Mining's underground mines, highlighting the potential for a hybrid mining model that could enhance overall district production and mine life. With multiple resource-ready and new discovery targets slated for advancement through 2026, Metallic is well positioned to drive the next phase of growth in this world-class silver district.

Upcoming events

The company is pleased to announce that president Scott Petsel will be presenting at the Association of American State Geologists Mid-Year Meeting in San Antonio, Tex., addressing state geologists from across the United States. His presentation will highlight how public geoscience information, including recent USGS Earth MRI programs, has contributed to the advancement of the La Plata copper-silver-gold-PGE project in Colorado. He will also emphasize the project's significance to the U.S. strategic mission of securing domestic supplies of copper, silver, rare-earth elements and other critical minerals essential to the nation's clean energy, technology and defence sectors.

Metallic's management team will be participating in several other key industry events through the remainder of the year and welcomes the opportunity to meet with investors and stakeholders at the upcoming Precious Metals Summit in Zurich, Switzerland, in addition to other conferences:

1. AASG Mid-Year Meeting -- San Antonio, Texas, United States, Oct. 21 to Oct. 22, 2025;
2. Red Cloud Fall Mining Showcase -- Toronto, Canada, Nov. 4 to Nov. 5, 2025;
3. Precious Metals Summit -- Zurich, Switzerland, Nov. 10 to Nov. 11, 2025;
4. AEMA's Annual Meeting -- Sparks, Nevada, U.S., Dec. 7 to Dec. 12, 2025;
5. VRIC 2026 -- Vancouver, Canada, Jan. 25 to Jan. 26, 2026;
6. AMEBC Round Up -- Vancouver, Canada, Jan. 26 to Jan. 29, 2026;
7. PDAC 2026 -- Toronto, Canada, March 1 to March 4, 2026;
8. Swiss Mining Institute Conference -- Zurich, Switzerland, March 18 to March 19, 2026.

About Metallic Minerals Corp.

Metallic Minerals is a resource-stage exploration company focused on copper, silver, gold, platinum group elements and other critical minerals at the La Plata project in southwestern Colorado and the Keno silver project adjacent to Hecla Mining's Keno Hill silver operations in the Yukon Territory. The company is also one of the largest holders of alluvial gold claims in the Yukon and is building a production royalty business through partnerships with experienced mining operators.

Metallic is led by a team with a strong record of discovery and exploration success on major precious and base metal deposits across North America, along with extensive experience in project development, permitting and financing. Through the integration of artificial intelligence and advanced data analytics into its exploration process, the company is working to accelerate discovery and unlock new value across its portfolio. Metallic is committed to responsible and sustainable resource development and collaborates closely with Canadian first nation groups, U.S. tribal and native corporations, and local communities to support successful project development.

The scientific and technical information in this release has been reviewed and approved. Scott Petsel, PGeo, president of Metallic Minerals, who is a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

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