Total Metals o ptions High Grade Menary Gold Projec t with Historic Results up to 8,120 g/t Au; Highlights Strategic P osition Surrounded by Coeur Mining in the Rainy River District
Total Metals o ptions High Grade Menary Gold Projec t with Historic
Results up to 8,120 g/t Au; Highlights Strategic P osition Surrounded by
Coeur Mining in the Rainy River District
December 22, 2025, Toronto, O N - Total Metals Corp. (“Total Metals ” or the “Company ”) (TSX -V:
TT) (OTCQB: TTTMF ) (FSE: O4N) is pleased to announce that it has entered into a Option Agreement
(the “Agreement ”) with Destroismaisons CLM Holdings Corporation (“Destroismaisons”) pursuant
to which the Company , upon certain payments and expenditures as outlined herein, may acquire
100% of Destroismaisons’ right, title, and interest in the Menary Gold Project located near Kenora,
Ontario (the “ Transaction ”). The Property is strategically located in the Kenora Mining Division of
Ontario, sharing a common southern boundary with the Rainy River claims being acquired by Coeur
Mining, Inc. ("Coeur ") following its ~US$7 billion acquisition of New Gold Inc.
Highlights:
● Galbraith "A" Zone Grab Samples: Exceptional high-grade grab samples returning 8,120 g/t Au,
1,885 g/t Au , and 1,400 g/t Au , confirming the presence of bonanza-grade shoots.
● Galbraith "A" Channel Sampling: Continuous channel sampling across the shear structure
returned 243.00 g/t Au over 1.0 metre and 45.38 g/t Au over 1.0 metre , demonstrating width
continuity of the high-grade zones.
● Wagg Zone Drilling: Diamond drill hole MIN-11-18 intersected 16.99 g/t Au over 6.3 metres
(core length), identifying a new, previously unknown mineralized zone at depth.
● Strategic Location: The Menary Property is located approximately 65 km northwest of Fort
Frances and borders the land package of the Rainy River Mine. The recent acquisition of New
Gold by Coeur Mining for an estimated $7 billion validates the district as a premier North
American mining jurisdiction.
All grab samples, channel samples, drill hole samples and bulk sample information are from the
“Technical Report – Menary Township Gold Property, prepared for Kings Bay Gold Corp., prepared by
Russell Malcolm Crosby, MSc. PGeo, date June 13, 2012 (Updated November 6, 2013)” . This report
will be available on the website www.totalmetalscorp.com.
"The exploration data from Menary confirms the presence of a potent, high- grade gold system, "
stated Michael Dehn, Executive Chairman of Total Metals. "With grab samples exceeding 8,000
grams per tonne and drill intercepts showing substantial width and grad e, Menary represents a
compelling exploration asset. Furthermore, the current acquisition of the district by Coeur Mining
validates the strategic importance of the Rainy River belt. We are situated in the heart of an emerging
mining powerhouse district. "
Pursuant to the Agreement, the Destroismaisons has granted the Company an exclusive right to
acquire a 100% interest in the Property, subject to an existing NSR (as defined below) , by making
aggregate payments of $1,010,000 in cash and issuing $1,010,000 in common shares in the capital
of the Company (each, a “Share ”) over a four-year period.
The consideration is structured as follows: (i) $ 210,000 in cash and $210,000 in Shares within five
days of the acceptance (the “ Acceptance ”) of the TSX Venture Exchange (the “ TSXV ”); and (ii)
$200,000 in cash and $200,000 in Shares on each of the first, second, third, and fourth anniversaries
of the Acceptance. Share issuances will be priced based on the prior 10 -day volume weighted
average price of the Shares trading on the TSXV . Upon completion of all payments and Share
issuances, the Company will have earned a 100% interest in the Property, subject to the net smelter
royalty of four and a half percent (4.5%) payable to Western Troy Capital Corp. (as to 3%) and William
McNerney (as to 1.5%) (the “NSR”). The Option Agreement and Transaction remain subject to the
review of the TSXV.
Property Description
The Menary Property consists of 27 mining claims and 1 mining lease together comprising an area of
276.5 hectares. The property is road accessible providing year-round access.
Historical Exploration Results
Galbraith "A" Shear Zone
Exploration by previous operators at the Galbraith "A" zone focused on a NW -SE trending shear
structure hosting boudinaged, hematite-stained quartz veins. Channel sampling along the structure
returned numerous high-grade intervals. Following channel sampling, selective grab samples were
also collected from the high-grade shoots returning exceptionally high gold values.
Table.7¿ .Significant.Channel.Sample.Results.(Galbraith.ƒAƒ)
Distance (from
datum)
Sample Type Length (m) Gold (g/t)
4.1m NW Channel 1.0 243.00
136.4m SE Channel 1.0 45.38
139.7m SE Channel 1.0 18.20
120.8m SE Channel 1.0 17.97
104.7m SE Channel 1.0 14.82
Table.8¿ .Selected.High‗Grade.Grab.Samples.(Galbraith.ƒAƒ)
Sample
Number
Zone Easting
(NAD83)
Northing
(NAD83)
Gold (g/t)
RRR399113 Galbraith "A" 435650 5426707 8,120
RRR399115 Galbraith "A" 435650 5426707 1,885
RRR399114 Galbraith "A" 435651 5426708 1,400
RRR399112 Galbraith "A" 435650 5426707 566
The most recent drilling on Galbraith “A” by a previous operator was in 2011 where three holes were
drilled under a lower grade section of the vein. The best result returned was 7.94 g/t over 0.5 m from
35.7 m to 36.2 m in hole GAL-A-11-03.
Wagg Gold Zone Drilling
The Wagg Zone, located approximately 1 km south of Galbraith "A" , hosts a series of stacked gold -
bearing quartz veins. The most recent drill programs (2010-2011) successfully intersected high-grade
mineralization and identified new zones not visible at surface.
Table.9¿ .Significant.Diamond.Drill.Intercepts.(Wagg.Zone)
Drill Hole ID From (m) To (m) Core Length
(m)*
Gold (g/t)
MIN-11-18 75.3 81.6 6.3 16.99
MIN-10-10 11.1 15.4 4.3 14.81
MIN-10-01 12.2 15.2 3.0 11.99
MIN-11-21 0.0 4.8 4.8 12.40
MIN-10-16 44.6 45.8 1.2 8.31
\True.widths.of.mineralization.are.not.yet.known¡.Intervals.reported.are.core.lengths¡
Geological Context
The Menary Property is located in the Off Lake-Burditt Lake geological area of the Rainy River
greenstone belt, at the contact with the Sabaskong Batholith. Mineralization is hosted in sheared
mafic metavolcanics and is associated with quartz -feldspar porphyry dykes. G old mineralization,
consisting of native gold accompanied by pyrite and chalcopyrite, occurs in deformed sugary-
textured quartz veins, often accompanied by hematite staining. Historical preliminary metallurgical
work on a composite 1,000 ton bulk sample indicates th at the sample material is free-milling and
that gold and silver can be recovered by gravity separation.
Regional Consolidation
The Company notes the recent definitive agreement whereby Coeur Mining will acquire New Gold.
The Menary Property is immediately adjacent to the Rainy River claims. This acquisition highlights
the long-term mining potential of the district.
QA/QC and Regulatory Disclaimers
Samples submitted by previous operators were analyzed by Accurassay Laboratories (Thunder Bay)
and ALS Minerals (Vancouver). Methods included Fire Assay with AA finish and Gravimetric Finish for
over-limits. Screen Metallic with AA Finish were also utilized for select samples with visible gold.
Review of assay QA/QC results has not been done by the Company.
Grab.samples.are.selective.by.nature.and.are.unlikely.to.represent.average.grades.on.the.property¡.
Historical. results.and. interpretations? . including. bulk. sampling.data. referenced. in. past. technical.
reports? .assay.results.from.drilling.and.channel.sampling.assay.results.have.not.been.independently.
confirmed.by.the.Company.and.should.not.be.relied.upon¡.The.results.presented.herein.have.not.
been.independently.verified.by.the.Company҂ s.Qualified.Person¡
Qualified Person
Robert Penczak, M.Sc., P .Geo (Ontario), Vice President of Exploration for the Company and a
Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific
and technical information used in this news release.
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 host s 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 stateme nts, 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.