19:13:28 EDT Mon 19 Oct 2026
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or Name
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Total Metals Corp
Symbol TT
Shares Issued 59,315,766
Close 2026-10-16 C$ 0.205
Market Cap C$ 12,159,732
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Total Metals begins drilling at High Lake

2026-10-19 14:07 ET - News Release

Mr. Tyler Thorburn reports

TOTAL METALS COMMENCES DRILLING AT ITS HIGH-GRADE HIGH LAKE GOLD PROJECT, NORTHWESTERN ONTARIO

Total Metals Corp. has commenced drilling at the company's 100-per-cent-owned High Lake gold project, situated in Northwestern Ontario near the Manitoba/Ontario border and adjacent to the Trans-Canada Highway.

All holes in this program are planned to intersect structures hosting the Purdex zone, at depths greater than 230 metres from surface. Drilling is progressing well with one hole completed to date. The first hole was successful in intersecting quartz veins associated with the targeted structures and was drilled to a depth of 416 metres. The second hole is expected to be completed on Oct. 19, 2026.

Additional updates will be provided as holes are completed, logged and sampled and assays are received.

The company also recently completed a lidar survey over the western portion of the property covering the W, P, D, C, R, B, A zones (historically referred to the Electrum zones) as well as the porphyry zone. This survey will help better constrain the location of historical drilling and trenching as well as historic resources to accurately plan a drill program for this area of the property.

Qualified person

Robert Penczak, MSc, PGeo (Ontario), vice-president of exploration for the company and a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information used in this news release.

About Total Metals Corp.

Total Metals owns 100 per cent of the High Lake and West Hawk Lake project covering 958 hectares in two gold properties located along the Trans-Canada Highway straddling the Manitoba/Ontario border. The Purdex zone on the High Lake property has significant exploration potential and will be the primary target for initial exploration and potential future mining activities. The West Hawk Lake property comprises a single mineral lease, located within southeastern Manitoba. The company has an option on the Menary gold property, strategically located in the Kenora mining division of Ontario, sharing a common southern boundary with the Rainy River claims being acquired by Coeur Mining Inc. following its approximately $7-billion (U.S.) acquisition of New Gold Inc. The most recent addition to the company is the Pick Lake property, consisting of 75 claims and a mining lease covering over 5,260 hectares, accessible through a road connected to the Trans-Canada Highway to the south. The Pick Lake critical minerals deposit has an average strike length of approximately 250 metres and a depth extension tested between 300 and 1,200 metres. Total Metals is focused on developing and advancing its high-grade gold and critical mineral assets located in Eastern Canada. The Electrolode project is targeting high-potential critical mineral plus gold resources and targets in three favourable geologic trends, located near major mines in the Red Lake gold camp and is strategically located between Kinross Gold's Great Bear project and First Mining Gold's Springpole project. The Electrolode project and hosts 10 historic mineralized zones with significant expansion potential plus new, untested targets ready for further exploration.

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