Total Metals commences Exploration Drilling on its Critical Minerals Electrolode Project – Red Lake, Ontario
Total Metals commences Exploration Drilling on its Critical Minerals
Electrolode Project – Red Lake, Ontario
January 29, 2026, Toronto, ON - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT)
(OTCQB: TTTMF) (FSE: O4N) is pleased to announce it has commenced exploration diamond drilling
on its Electrolode critical minerals exploration project located in Red Lake, Ontario. The project
hosts numerous Zn-Cu-Ag-Au volcanogenic massive sulphide (VMS) style systems that have been
explored by previous operators.
The drill program, consisting of a minimum of 5,500 metres, has been designed for multiple purposes
including confirmation and expansion of historic results, testing multiple electromagnetic (EM)
conductors, quantifying variation of metal ratios to vector towards higher value copper-gold
mineralization, testing interpreted cross-structures with potential to host gold mineralization, and
determining whether other critical elements including gallium, germanium and indium are
potentially additional value-added by-products.
The first part of the program is targeting the Arrow Zone; adding some additional holes within the
existing zone and testing for continuity with the adjacent Garnet Zone. The program will continue
testing a series of discontinuous EM conductors along a 6 kilometre trend. Maxwell plate models of
these conductors are being developed to assess targets and assist in drill-hole design. The next area
being targeted is at the southwest part of the property where a complex fold pattern is evident from
recent 3D inversion modeling of a drone magnetic survey covering this part of the property. This area
has been the focus of historic exploration work by Noranda where a higher tenor copper historic
resource has been documented.
The Company is treating this resource as purely historic, however considers it indicative that higher
copper grades may exist in this area. A complex pattern of folding together with numerous EM
conductors, suggests that both the stratigraphy and mineralized horizons are folded potentially
creating exploration opportunities in structurally modified areas such as fold hinges and sheared fold
limbs. Maxwell plates together with the 3D inversion will be used to plan and refine targeting. High
grade gold values have been documented within the D zone of this area, however it is not known if
this is a superimposed gold event or inherent to the VMS system. One part of the program will be
testing a prominent property-scale cross-structure for gold mineralization where a soil test grid
identified gold values above detection limit. The results of this drill program will be integral in the
target prioritization process to develop future exploration programs focusing on resource expansion,
if warranted.
Engagement of i2i Marketing Group LLC
Total Metals Corp. (the “Company”) has entered into an initial one-month media services agreement
(the “i2i Agreement”) with i2i Marketing Group LLC (“i2i”). Pursuant to the terms of the i2i Agreement,
i2i will provide the Company with marketing services, including social media management, content
creation, distribution, digital marketing, digital advertising, and other marketing services as agreed
upon by the Company and i2i (collectively, the “i2i Services”). The i2i Services will be distributed via
email and on popular investor platforms. The Company will pay i2i total consideration of US$250,000
for the i2i Services. The contract can be extended by the Company on a month-by-month basis for
US$250,000/month. This agreement is subject to TSX Venture Exchange approval.
Kailyn White and Joseph Grubb will provide the i2i Services to the Company on behalf of i2i and may
be contacted at [email protected]. i2i’s business address is 1107 Key Plaza, Suite 222, Key West,
Florida 33040. The Company will not issue any securities to i2i as compensation. Both i2i and its
principals are arm’s length to the Company and do not have any direct or indirect interest in the
Company or its securities, nor do they have any right to acquire such an interest.
I2i Marketing Group LLC is a marketing firm that specializes in direct response, experiential, and
investor-awareness campaigns, particularly for publicly-traded junior mining companies engaged in
exploration and development activities.
The Company also wishes to announce it has granted an aggregate of 1,162,000 Restricted Stock
Units (the “RSUs”) to directors, officers and consultants of the Company. The RSUs vest 12 months
from date of issue. The RSUs have been granted under and are governed by the terms of the
Company’s Omnibus Equity Incentive Plan and are subject to the policies of the TSX Venture
Exchange.
About Total Metals Corp.
Total Metals Corp. is focused on its 100% owned Electrolode Project covering over 3,300 contiguous
hectares in northwestern Ontario. The Electrolode Project is targeting high-potential critical mineral
plus gold resources and targets in three favorable 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 is fully permitted for exploration drilling
and hosts 10 historic mineralized zones with significant expansion potential plus new, untested
targets ready for further exploration. Total Metals also owns 100% 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 Purex 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 is comprised of a single mineral lease, located within
southeastern Manitoba.
www.totalmetalscorp.com
Cautionary Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in its
policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.
Tyler Thorburn
President and Chief Executive Officer
(416) 873-7662
Forward-Looking Information
This press release includes “forward-looking information” that is subject to assumptions, risks and
uncertainties, many of which are beyond the control of the Company. Statements in this news
release which are not purely historical are forward looking. Although the Company believes that any
forward-looking statements in this news release are reasonable, there can be no assurance that any
such forward-looking statements will prove to be accurate. The Company cautions readers that all
forward-looking statements, are based on assumptions none of which can be assured and are
subject to certain risks and uncertainties that could cause actual events or results to differ materially
from those indicated in the forward-looking statements. Such forward-looking statements represent
management’s best judgment based on information currently available. Readers are advised to rely
on their own evaluation of such risks and uncertainties and should not place undue reliance on
forward-looking statements.
The forward-looking statements and information contained in this news release are made as of the
date hereof and no undertaking is given to update publicly or revise any forward-looking statements
or information, whether as a result of new information, future events or otherwise, unless so required
by applicable securities laws or the TSX-V. The forward-looking statements or information contained
in this news release are expressly qualified by this cautionary statement.