Mr. Hugh Rogers reports

NEXCEL ANNOUNCES COMMENCEMENT OF HISTORICAL DATA COMPILATION AT BURNT HILL TUNGSTEN PROJECT

Graham Giles, PGeo, a GIS (geographic information system) and data compilation specialist, has commenced the comprehensive compilation and digitization of historical exploration data for Nexcel Metals Corp.'s Burnt Hill tungsten project in New Brunswick.

The data compilation program is focused on integrating historical geological, geochemical, geophysical and drilling information into a modern GIS and data management platform. Burnt Hill is a historically explored and mined tungsten deposit with decades of exploration work conducted by previous operators, and consolidating this information into a unified digital database is expected to significantly enhance the company's ability to efficiently plan and execute its exploration programs.

The updated GIS framework will allow Nexcel to better analyze historical exploration results and refine its exploration strategy for the project. The compilation work will directly support the design of a proposed airborne geophysical survey proposed for spring 2026 and will assist the company in identifying priority targets for Nexcel's initial drill program planned for summer 2026.

Preliminary insights derived from the historical data review have already influenced the company's exploration planning. Based on the continuing compilation work conducted by Mr. Giles, Nexcel has elected to modify the proposed parameters of its planned airborne geophysical survey to target deeper subsurface features than originally planned. The adjustment is intended to enhance the company's ability to detect potential extensions of mineralization at depth and may support the targeting of deeper drill holes in the company's proposed initial drilling campaign. Further details on the proposed exploration plans will be made to the market in due course.

The Burnt Hill tungsten project is located in New Brunswick, Canada, and hosts a historically producing tungsten deposit with significant historical drilling and exploration completed by previous operators. Nexcel believes that modern data integration, geophysical surveying and systematic drilling provide an opportunity to evaluate both the known mineralization and the broader exploration potential of the property.

About the Burnt Hill tungsten project

The Burnt Hill tungsten/molybdenum property covers approximately 1,540 hectares in central New Brunswick and hosts a National Instrument 43-101 indicated resource of 1,761,000 tonnes within an open-pit and underground averaging 0.292 per cent WO3 (tungsten trioxide), 0.007 per cent MoS2 (molybdenum disulphide) and 0.008 per cent SnO2 (tin oxide), along with a further 1,520,000 inferred tonnes averaging 0.263 per cent WO3, 0.008 per cent MoS2 and 0.005 per cent SnO2, as presented below. Also presented below, extracted from the 2013 resource report, is a statement of contained metal. In addition to the deposit area of the property, there are several other areas of identified tin, tungsten and molybdenum mineralization within the property boundary not yet at the resource stage.

Qualified person

Francis Newton, PGeo, a consultant of the company and a qualified person as defined in NI 43-101, Standards of Disclosure for Mineral Projects, has reviewed, verified and approved the scientific and technical information contained in this news release. Mr. Newton is not independent of the company.

About Nexcel Metals Corp

Nexcel Metals is a junior mining company engaged in the acquisition, exploration and development of mineral properties. The company is currently focused on the Lac Ducharme project, located in the province of Quebec, and the Burnt Hill project, located in the province of New Brunswick.

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