Kuma ppty update
250 Southridge NW, Suite 300
Edmonton, AB CANADA T6H 4M9
www.sankamap.com
Sankamap Resumes Drilling at Kuma; First Assays Pending
Edmonton, Alberta – July 29, 2026 – Sankamap Metals Inc. (CSE: SCU) (“Sankamap” or the
“Company”) is pleased to announce drilling has resumed on its 4,500 -hectare (“ha”) Kuma
Property (“Kuma”) in the Solomon Islands. Drill hole KU26-001 has advanced to a depth of 840
metres ("m"), intersecting multiple zones of mineralization and alteration between 250 m and
840 m (Figure 1).
The planned operational pause allowed the technical team to integrate geological observations
from the initial drilling into a refined geological model, strengthening confidence in the targeting
strategy for the remainder of the program.
The fully funded 2,000 to 3,000-metre drill program is designed to systematically test multiple
high-priority targets across the project's 2 -kilometre-long lithocap , advancing the Company's
understanding of this large-scale hydrothermal system and its mineralization potential.
CEO John Florek commented:
“Steady progress continues as the Company advances the first -ever drill test of this previously
untested lithocap, a geological expression considered prospective for copper and gold
mineralization. Sankamap is the first company to systematically evaluate the potential of this
highly prospective target through diamond drilling.
This pioneering exploration program represents an important step toward assessing the scale and
mineral endowment of a previously unexplored hydrothermal system that the Company believes
has the potential to host a significant copper-gold deposit.
Operating in the Solomon Islands presents unique logistical challenges, but our experienced team
has continued to execute the program safely and efficiently. Strong relationships with local
landowners and government stakeholders have been instrumental in k eeping the project on
schedule, and we look forward to advancing the program and sharing further results as drilling
continues.”
Highlights:
• Targeted surface sampling was completed to generate additional geological insights and
refine priority drill targets during the planned break in drilling operations (Assays
Pending).
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• Assays for first 559 m (365 samples) from drill hole KU26 -001 at Kuma have been
submitted and are awaiting results.
• Drilling at Kuma has intersected multiple zones of strong hydrothermal alteration and
abundant sulphide mineralisation . This expression indicates the drill hole has
encountered a robust mineralizing system with significant exploration potential.
• The fully funded initial drill program at Kuma is designed to test and delineate both near-
surface and deeper mineralization , providing the first systematic evaluation of the
project's copper-gold potential.
Figure 1. The Solomon Block copper –gold trend, showing location of Sankamap’s Fauro and Kuma
properties, located in the Solomon Islands. The information disclosed from adjacent properties is not
necessarily indicative to the mineralization on Sankamap’s property.
Discussion
The current drill program at Kuma has been designed to validate the Company's exploration
model while systematically testing high -priority targets generated through the integration of
geological, geochemical, and geophysical datasets . Located within one of the world's most
prospective porphyry copper -gold and epithermal gold belts (Figure 1 ), Kuma benefits from a
geological setting that reinforces the potential for a significant new discovery.
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Surface exploration continues to provide encouraging support for the Company's targeting
strategy. Rock samples collected within the interpreted lithocap alteration zone at the drill site
returned up to 3.0 g/t Au. Historical grab samples have yielded up to 13.5 g/t Au and 11.7% Cu.
Initial drilling has intersected multiple intervals of hydrothermally altered volcanic rocks
containing abundant anhydrite veining and disseminated to locally abundant pyrite
mineralization. This style of alteration is interpreted to represent an oxidized magmatic -
hydrothermal system consistent with the upper levels of a porphyry -related environment. The
observed alteration and sulfide assemblages may represent part of a pyrite-rich halo or lithocap
developed above or adjacent to a concealed porphyry copper-gold system at depth. While these
observations are encouraging and consistent with the Company's geological model, additional
drilling and analytical results are required to determine their relati onship to potential economic
mineralization.
Drilling is expected to continue throughout the third quarter, with assay results to be released as
they are received, validated, and interpreted. Sankamap remains committed to conducting
exploration activities safely, responsibly, and in close partnership with local communities while
advancing the Kuma Project toward its next stage of discovery.
About Sankamap Metals Inc.
Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the
discovery and development of high-grade copper and gold deposits through its flagship Oceania
Project, located in the South Pacific. The Company’s fully permitted as sets are strategically
positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold
deposits; Including the nearby Newmont Corporation operated Lihir Mine, which has reported
Proven and Probable Mineral Reserves of 310 Mt grading 2.3 g/t Au containing 23 Moz Au.
Reported Mineral Resources, exclusive of Mineral Reserves, include Indicated Mineral Resources
of 520 Mt grading 2.3 g/t Au containing 39 Moz Au, Measured Mineral Resources of 81 Mt grading
1.9 g/t Au containing 5 Moz Au, and Inferred Mineral Resources of 61 Mt grading 2.3 g/t Au
containing 4.9 Moz Au 1. Mineral resources that are not mineral reserves do not have
demonstrated economic viability. The information disclosed from adjacent properties is not
necessarily indicative to the mineralization on Sankamap’s property.
Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s
Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral
potential of both sites, which lie along a highly prospective copper and gold -bearing trend,
suggesting the possibility of further, yet-to-be-discovered deposits.
At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-
gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values
above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au4; underscoring
the area's significant potential.
At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging
results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au 5. Complementing
these results are grab sample assays, including historical values of up to 173 g/t Au 5, along with
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recent sampling by Sankamap at the Kiovakase Target, which returned numerous high -grade
copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected
35.0 meters at 2.08 g/t Au5, further underscoring the property's strong mineral potential and the
merit for continued exploration. With a commitment to systematic exploration and a team of
experienced professionals, Sankamap aims to unlock the untapped potential of underexplored
regions and create substantial value for its shareholders. For more information, please refer to
SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.
1.Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au
at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)
2. Bougainville Copper Ltd. Annual Report, 2016 (1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3 %
Indicated, 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu Inferred)
3. Wanguo International Mining Group Limited Annual Results Announcement, 2024 (23 Mt containing 0.86 Moz Au
at 1.15 g/t measured, 79 Mt containing 3.1 Moz Au at 1.2 g/t indicated, 89 Mt containing 3.3 Moz Au at 1.14 g/t
inferred (191 Mt containing 7.2 Moz Au at 1.17 g/t) 13.4 Mt containing 0.59 Moz Au at 1.28 g/t Proven, 14.3 Mt
containing 0.6 Moz au at 1.30 Probable (P&P 27.7 Mt containing 1.2 Moz Au at 1.29 g/t))
4. Historical grab, soil and BLEG samples from Sol Gold Kuma Review June 2015, and Sol Gold plc Annual Report
2013/2012
5. September 2010-June 2012 press releases from Solomon Gold Ltd. and Sol Gold Fauro Island Summary Technical
Info 2012.
QP Disclosure
T h e t e c h n i c a l c o n t e n t f o r t h e O c e a n i a P r o j e c t i n t h i s n e w s r e l e a s e h a s b e e n r e v i e w e d a n d
approved by John Florek, M.Sc., P .Geol., a Qualified Person in accordance with CIM guidelines.
Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member
ID:1228) and a director and officer of the Company.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ “John Florek”
John Florek, M.Sc., P .Geol
Chief Executive Officer
Sankamap Metals Inc.
Contact:
John Florek, CEO
T: (807) 228-3531
Krystle Adair, VP Exploration
T: (778) 558-3635
The Canadian Securities Exchange has not approved nor disapproved this press release.
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Forward-Looking Statements
Certain statements made and information contained herein may constitute “forward -looking information” and
“forward-looking statements” within the meaning of applicable Canadian and United States securities legislation.
These statements and information are based on facts currently available to Sankamap and there is no assurance that
the actual results will meet management’s expectations. Forward -looking statements and information may be
identified by such terms as “anticipates,” “believes,” “targets,” “estimates,” “plans,” “expects,” “may,” “will,”
“could” or “would.”
Forward-looking statements and information contained herein are based on certain factors and assumptions
regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and
reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development,
capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks,
title disputes and other matters. While Sankamap considers its assumptions to be reasonable as of the date hereof,
forward-looking statements and information are not guarantees of future performance and readers should not place
undue importance on such statements as actual events and results may differ materially f rom those described
herein. Sankamap does not undertake to update any forward -looking statements or information except as may be
required by applicable securities laws.