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Discovery Energy Metals Corp
Symbol DEMC
Shares Issued 77,686,654
Close 2026-05-28 C$ 0.205
Market Cap C$ 15,925,764
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Discovery Energy to conduct sampling at Crystal Lake

2026-05-28 20:22 ET - News Release

Mr. Mike Hodge reports

DISCOVERY ENERGY METALS CORP. MOBILIZES CREWS FOR SURFACE SAMPLING PROGRAM AT CRYSTAL LAKE CU-MO PROJECT, BRITISH COLUMBIA

Discovery Energy Metals Corp. has mobilized field crews for a surface sampling exploration program on the Crystal Lake property, located approximately 160 kilometres southwest of Prince George. The property is considered prospective for porphyry-style copper and molybdenum mineralization.

The proposed 2026 soil and rock sampling program at the Crystal Lake property is designed to evaluate porphyry-style mineralization associated with historical surface showings and geochemical anomalies across the property. Initial work will focus on a previously identified showing north of Crystal Lake, where historical exploration and soil sampling campaigns outlined scattered copper anomalies that warrant more systematic follow-up. The planned program is intended to improve the understanding of the geometry, continuity and potential source areas of the historical anomalies while refining targets for future drill testing.

The program is anticipated to consist of an approximately eight- to 10-day field campaign utilizing two sampling crews focused on evaluating historical copper soil anomalies and prospective porphyry-style target areas outlined through previous exploration work. Soil sampling will primarily target B-horizon material, with rock sampling and geological mapping completed at identified outcrop exposures. The exploration program will be carried out by Dahrouge Geological Consulting and will be based out of Crystal Lake Resort, a lodge located directly within the property boundary.

Marketing agreement

The company also announces that it has entered into a marketing and investor awareness agreement with ClickCatalyst Inc. to support continuing investor outreach initiatives. Pursuant to the agreement, ClickCatalyst will provide marketing and investor awareness services to Discovery, including sponsored editorial, content development, publication, dissemination and related awareness services. In consideration, Discovery will pay $250,000, plus applicable taxes, to ClickCatalyst, with $100,000 payable up front and the balance payable at a mutually agreed upon time. The agreement is for a 60-day term and was executed on May 27, 2026, with services commencing shortly thereafter. The services to be provided by ClickCatalyst constitute investor relations activities within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange, and all materials will be reviewed and approved by the company prior to dissemination. No securities, options, warrants, debt, convertible instruments or other non-cash consideration will be issued to ClickCatalyst under the agreement.

ClickCatalyst and its principals are arm's length to the company, and, to the knowledge of the company, ClickCatalyst does not own, control or direct any securities of the company.

About Discovery Energy Metals Corp.

Discovery Energy is a Canadian exploration company focused on advancing the Crystal Lake copper-molybdenum project, an early-stage exploration project located in a well-mineralized district of central British Columbia. The Crystal Lake property consists of eight contiguous mineral claims covering approximately 5,283 hectares, located 34 kilometres south of Fort Fraser, B.C. The project is accessible year-round through the Kenny Dam Road and well-maintained forestry roads, with nearby access to key infrastructure, including CN rail, BC Hydro transmission, Highway 16, and the communities of Vanderhoof and Fraser Lake. Additionally, the company also holds a portfolio of mineral claims in Quebec, including projects in the Nunavik and James Bay regions, and is advancing the ESN project in Nevada and the Koster Dam project in central British Columbia.

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