Eureka Metals Identifies Broad Magnetic Trends Across Tyee Titanium Project from High-Resolution Airborne Survey
Eureka Metals Identifies Broad Magnetic
Trends Across Tyee Titanium Project from
High-Resolution Airborne Survey
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2026) - Eureka Metals Corp. (CSE: ERKA)
(OTCQB: UREKF) (FSE: S580) ("Eureka" or the "Company") is pleased to report that initial
interpretation of its recently completed high-resolution airborne magnetic and VLF-EM survey has
highlighted broad magnetic trends across the Tyee Titanium Project in Quebec's Côte-Nord region. The
new geophysical dataset is being integrated with the Company's 2026 prospecting results and historical
exploration data to refine and prioritize targets for future exploration.
The survey was flown at 50-metre line spacing with 500-metre tie lines and covered approximately 2,441
line-kilometres across the Project. Eureka has also recently expanded the Tyee Project to approximately
109 km² through the staking of additional claims. The tighter line spacing provides a higher-resolution
geophysical dataset that complements the Company's June 2026 prospecting program, which identified
six new massive ilmenite occurrences across multiple target areas.
Highlights
High-resolution airborne MAG / VLF-EM survey completed over the 109 km² Tyee Titanium
Project.
Approximately 2,441 line kilometres flown on 50-metre line spacing.
High-resolution magnetic and VLF-EM datasets now integrated with historical exploration and the
Company's 2026 prospecting program.
Principal exploration target areas occur within broader magnetic trends identified across the
Project.
Survey results will support continued geological interpretation and refinement of future exploration
targets.
"Our June field program demonstrated that titanium mineralization is widespread across several areas
of the Tyee Project, and this new high-resolution survey gives us a much clearer picture of the broader
geophysical setting around those occurrences," commented Danny Matthews, Chief Executive Officer.
"What stands out is the scale and continuity of the magnetic trends across the Project. We now have a
significantly improved dataset to integrate with our field results as we refine and prioritize the next
generation of exploration targets at Tyee."
The airborne survey, completed by Novatem Inc., collected approximately 2,441 line kilometres of high-
resolution magnetic and VLF-EM data across the entire Project.
Initial interpretation demonstrates that the Company's principal exploration target areas are situated
within a broader network of regional magnetic features extending across the Project. These datasets are
now being integrated with geological mapping, historical exploration data and surface sampling to
improve Eureka's understanding of the geological controls on titanium mineralization and to prioritize
follow-up exploration.
Figure 1.
Magnetic analytic signal map from the 2026 airborne MAG/VLF-EM survey showing
Eureka's principal exploration target areas, historical titanium occurrences and 2026 prospecting
results. The analytic signal highlights localized magnetic responses and broader magnetic trends
across the Tyee Project that are being integrated with geological observations to support ongoing
target refinement.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9639/309274_7243f39194727b42_001full.jpg
The VLF-EM survey provides an additional dataset for evaluating geological trends and structural
features across the property. When combined with the magnetic survey and geological observations,
these data will assist the Company in refining priority exploration areas and evaluating the continuity of
prospective geological trends.
Figure 2.
VLF-EM Total Field map from the 2026 airborne MAG/VLF-EM survey showing Eureka's
principal exploration target areas, historical titanium occurrences and 2026 prospecting results. The
VLF-EM data highlights conductive trends across the Project and provides a complementary dataset
for geological interpretation and future exploration planning.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9639/309274_7243f39194727b42_002full.jpg
Next Steps
The Company is continuing to integrate the airborne geophysical data with geological mapping,
prospecting observations, historical exploration data and surface sampling. This work will support the
ongoing refinement and prioritization of exploration targets and help guide future field programs across
the Project.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved
by Ryan Versloot, P.Geo., Technical Advisor to the Company and a Qualified Person as defined under
National Instrument 43-101.
About Eureka Metals Corp.
Eureka Metals Corp. is a Canadian mineral exploration company focused on the acquisition and
advancement of exploration projects in Canada. The Company holds a 100% interest in the Tyee
Titanium Project in Québec, prospective for titanium-vanadium-scandium mineralization, and an option
to acquire a 100% interest in the Cabin Lake Polymetallic Project in British Columbia, prospective for
silver-lead-zinc-gold mineralization.
On behalf of the Board of Directors
Danny Matthews
Chief Executive Officer and Director
Email:
Cautionary Statement
Certain statements contained in this news release, including statements which may contain words such
as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, and
statements related to matters which are not historical facts within the meaning of applicable securities
laws. Such forward-looking statements reflect management's expectations and are based on certain
factors and assumptions and involve known and unknown risks and uncertainties which may cause the
actual results, performance, or achievements to be materially different from future results, performance,
or achievements expressed or implied by such forward-looking statements. These factors should be
considered carefully, and readers should not place undue reliance on the Company's forward-looking
statements. The Company believes that the expectations reflected in the forward-looking statements
contained in this news release are reasonable, but no assurance can be given that these expectations
will prove to be correct. The Company undertakes no obligation to release publicly any future revisions to
forward-looking statements to reflect events or circumstances after the date of this news or to reflect the
occurrence of unanticipated events, except as expressly required by law.
The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents
of this press release.
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