Mr. Hugh Rogers reports

NEXCEL METALS CORP. EXPANDS BURNT HILL TUNGSTEN PROJECT TO 5,677 HECTARES THROUGH ADDITIONAL CLAIM STAKING

Nexcel Metals Corp. has significantly expanded its Burnt Hill tungsten project, located in New Brunswick, Canada, through the strategic staking of additional mineral claims contiguous to the existing property.

The newly staked claims increase the total project size to approximately 5,677 hectares, representing a substantial expansion from the previous 1,540 hectares.

Strategic expansion of highly prospective ground

The additional claims were selected based on their geological significance, specifically covering extensions of a granite-related structural corridor interpreted to be closely associated with the known tungsten mineralization at Burnt Hill.

This granite-hosted structural setting is considered highly prospective for tungsten mineralization and represents a key control on mineralizing systems within the district.

The expanded land package now provides Nexcel with:

• Increased exposure to favourable granite-associated mineralized trends;
• Additional untested exploration targets;
• Enhanced potential for new discoveries beyond the historically defined zones.

Positioning for proposed 2026 drill program

With the significantly enlarged property footprint, Nexcel is now positioned to evaluate a broader range of targets as part of its exploration strategy.

The company is currently advancing plans for a phase 1 drill program scheduled for the summer of 2026, which will aim to:

• Confirm and expand known zones of tungsten mineralization;
• Test newly identified geophysical and geological targets;
• Evaluate the broader mineralized system across the expanded property.

The additional claims meaningfully enhance the company's ability to generate and prioritize drill targets across multiple zones within the project area.

Hugh Rogers, chief executive officer of Nexcel, commented: "This strategic expansion of the Burnt Hill project significantly strengthens our control over a highly prospective tungsten system. By staking ground along the interpreted granite fault associated with known mineralization, we are extending our footprint into areas we believe have strong potential to host additional tungsten zones. With the project now more than tripling in size, we have created a much larger exploration pipeline and are well positioned to generate and test multiple high-quality targets as we move toward our planned summer 2026 drill program."

About the Burnt Hill tungsten project

The Burnt Hill tungsten/molybdenum property now covers approximately 5,677 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 1.52 million 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.

The contained metal represented by this resource statement after converting the metal compound to contained metal equivalents for the respective metal compounds is as follows.

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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