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V Ten Metals Corp
Symbol VTEN
Shares Issued 25,609,138
Close 2026-08-28 C$ 0.57
Market Cap C$ 14,597,209
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V Ten Metals starts first drill hole at Tanami property

2026-08-31 17:06 ET - News Release

Mr. Blair Way reports

V TEN ANNOUNCES DRILL PROGRAM UPDATE AT THE TANAMI PROPERTY, NT, AUSTRALIA

V Ten Metals Corp. has collared the first drill hole of the inaugural drill program at the company's Tanami property, located in the Tanami district of the Northern Territory, Australia. The property consists of four semi-contiguous granted exploration licences (ELs) EL 23848, EL 31402, EL 23874 and EL 23875, covering 1,237 square kilometres located in the Tanami Desert approximately 450 kilometres directly northwest of Alice Springs, Northern Territory, Australia.

Blair Way, company president and director, comments: "With the drill rig turning, we continue to advance the work program on the property. The team has done a great job of mobilizing and getting set up for the work program. The data from this drill program will enable a deeper understanding of the property and orient an aggressive follow-up drill campaign. These works aim to unlock the significant potential of the property and build shareholder value in the process."

This drill program marks the first drill testing to date along these two highly prospective trends as well as the first drill program by the company on the property to date. This drill program will comprise six to 10 drill holes for a total of approximately 2,150 metres of RC (reverse circulation) drilling. The program is designed to test a series of high-priority nickel-copper-PGE (platinum group elements) targets, integrating historical Aircore geochemistry with magnetic and HeliTEM geophysical anomalies. The objective is to confirm sulphide mineralization within fresh bedrock, validate geophysical models, and define the geological controls and continuity of mineralization along a northeast-trending corridor.

VTEN Metals has, subject to regulatory approval, retained Venture Liquidity Providers Inc. (VLP) to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the company.

The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the corporation has agreed to pay VLP $5,000.00 per month. The agreement may be terminated at any time by the corporation or VLP. The corporation and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the corporation or its securities. The finances and the shares required for the market-making service are provided by W.D. Latimer. The fee paid by the company to VLP is for services only.

VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-V-listed issuers.

Qualified person

D. Blair Way, BSc, PGeo, chief executive officer and president for the company and qualified person as defined by National Instrument 43-101, approved and supervised the preparation of the technical information in this news release.

About V Ten Metals Corp.

V Ten is a Canadian mining exploration company listed on the TSX Venture Exchange owns the Ni-Cu-PGE-Au (nickel-copper-platinum group element-gold) Tanami project, 1,235 square km strategically located adjacent to Newmont's Granites mine located in Northern Territory, Australia. The company has a farm-in joint venture in place exploring for potential gold targets. V Ten is led by a highly qualified team with a record of successful exploration worldwide.

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