Mr. Lawrence Roulston reports

MTB TO HOST UPDATE WEBINAR FOCUSED ON DRILLING AT TELEGRAPH

MTB Metals Corp. has invited shareholders and other interested parties to an update webinar to be held Oct. 12, 2023 at 1 p.m. Pacific Time.

Lawrence Roulston, chief executive officer, will provide a brief update and interpretation on the drill program on the Telegraph porphyry copper-gold project in British Columbia's Golden Triangle. A question and answer session will allow all attendees to ask questions directly to management about current and future catalysts.

Anyone interested in getting an update or learning more about MTB Metals should register for the event using the URL link provided in the original version of this release. Alternatively e-mail MTB Metals investor relations contact to register for the event.

About MTB Metals Corp.

MTB has six active projects spanning 670 square kilometres (67,587 hectares) in the prolific Golden Triangle of Northern British Columbia. With the focus on the Telegraph project, discussions are now under way leading to joint ventures and/or spinouts of other projects:

1. Telegraph is located in the vicinity of four world-class porphyry deposits being advanced by major mining companies: Galore (Teck/Newmont), Schaft (Teck), Saddle (Newmont) and the operating Red Chris copper-gold mine (Newcrest/Imperial Metals). Fieldwork by MTB on its 344-square-kilometre property, together with earlier results, provides compelling evidence for the presence of one or more porphyries, similar to others in the area.
2. The American Creek project is centred on the historic Mountain Boy silver mine. The project is road accessible and 20 km from the deep-water port of Stewart. There are multiple silver, gold and copper occurrences on the property, including a 2006 drill hole that encountered five kilograms (kg) of silver over five metres.
3. Red Cliff is a past-producing gold and copper mine in which the company holds a 35-per-cent interest. Recent drill results include two m of 26 grams per tonne gold.
4. On the BA property, 182 drill holes have outlined a substantial zone of silver-lead-zinc mineralization located four km from the highway. Several targets with high-grade silver potential remain to be tested. Surprise Creek, to the north, hosts the same prospective stratigraphy.
5. On the Theia project, work by MTB and previous explorers has outlined a silver-bearing mineralized trend 500 m long, highlighted by a 2020 grab sample that returned 39 kg per tonne silver (1,100 ounces per ton). Two other zones on the property produced copper values over 5 per cent.
6. Southmore is in the midst of some of the largest deposits in the Golden Triangle. It was explored in the 1980s through the early 1990s and was overlooked until MTB consolidated the property and carried out airborne geophysics and fieldwork, which confirmed several zones of gold and copper, with values up to 20 per cent copper and 35 g/t gold.

The technical disclosure in this release has been read and approved by Andrew Wilkins, BSc, PGeo, a qualified person as defined in National Instrument 43-101.

We seek Safe Harbor.