Mr. Tyrell Sutherland reports

VIRIDIAN METALS HIGHLIGHTS COPPER-RICH ZONES UP TO 4.15% CU AT KRAKEN AHEAD OF 2026 DRILL PROGRAM

Viridian Metals Inc. is advancing plans to target high-grade copper-rich zones identified within the Kraken magmatic sulphide system in Labrador, where drilling in 2024 intersected copper grades up to 4.15 per cent copper (see news release dated Nov. 26, 2024).

The company's recently announced 50-hole drill program will provide the scale and flexibility required to systematically follow up on multiple copper-rich zones identified within the broader Kraken system. In addition to expanding the Main zone, the program will evaluate several targets with potential to host additional copper-rich mineralization.

"Record prices consistently above $6 per pound are a reflection of what we believe is a permanent structural shift," said Tyrell Sutherland, president and chief executive officer of Viridian Metals. "What makes Kraken particularly exciting in this environment is that, in addition to demonstrating a large-scale near-surface sulphide system, drilling has already identified localized copper-rich zones grading up to 4.15 per cent Cu. Our 2026 program is designed to systematically follow up on these higher-grade zones while continuing to expand the overall footprint of the system."

In addition to follow-up drilling along the Main zone, the company plans to advance several peripheral targets, including Venus, where both previous drill holes intersected massive sulphides from surface and ended in mineralization before reaching the modelled conductor. Results included 12.75 metres at 0.16 per cent nickel, 0.1 per cent copper and 0.02 per cent cobalt, including 1.85 metres at 0.7 per cent nickel, 0.3 per cent copper and 0.07 per cent cobalt starting at zero metres (see news release dated Nov. 26, 2024) and 7.55 metres at 0.4 per cent nickel, 0.2 per cent copper and 0.05 per cent cobalt from surface, with associated precious metal values of up to 0.76 gram per tonne platinum, 0.33 gram per tonne palladium and 0.45 gram per tonne gold (see technical report dated Sept. 23, 2024, available on SEDAR+). The target remains largely untested and represents a potential additional higher-value centre within the broader Kraken system.

Viridian currently controls the largest copper-focused land position in Newfoundland and Labrador, encompassing both the drill-tested Kraken magmatic sulphide system and the basin-scale Sedna project. At Sedna, the company's exploration work has confirmed the geological architecture underpinning a copper system spanning more than 2,000 square kilometres, including deeply rooted structural plumbing, laterally extensive reduced stratigraphic horizons and widespread disseminated chalcopyrite. Viridian believes these characteristics are analogous to those observed in major global copper districts, including the Central African copperbelt and Europe's Kupferschiefer basin.

"Copper is no longer just about the energy transition; it's about resilience, infrastructure and national security," Mr. Sutherland added. "Projects like ours are positioned to answer that call as we are operating in one of the safest, most supportive mining jurisdictions in the world."

Qualified person

Tyrell Sutherland, PGeo (Ontario), president and chief executive officer of Viridian Metals, who is a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the technical disclosure contained in this news release.

About Viridian Metals Inc.

Viridian Metals is a pioneer and leader in generative metal exploration with a focus on environmental responsibility and ethical practices. Founded with the intention of discovering new critical metals deposits with the potential to transform the metal supply chain, the company leverages innovative technologies and methods to enhance efficiency and sustainability in jurisdictions eager to be leaders in supplying the energy transition. Viridian maintains expertise in a range of critical metals with a primary focus on copper, nickel and cobalt in the near term. The company's commitment to integrity and transparency fosters strong partnerships with both local and global stakeholders.

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