DPM Metals Reports New High-Grade Intercepts from Chelopech Wedge Zone Deep Prospect; Expects Mineral Resource Estimate by Year-End 2026

TORONTO, May 20, 2026 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) ( ARBN: 689370894) (“DPM” or “the Company”) is pleased to report results from delineation drilling at the Wedge Zone Deep (“WZD”) prospect, located within the Chelopech mine concession and 250 metres below existing mine infrastructure. Highlights New significant intercepts from recent drilling, including: EX_WZD_165_03: 58 metres grading 15.28 g/t AuEq, comprised of 14.58 g/t Au, 0.67% Cu and 26.93 g/t Ag from 449 metres downhole. EX_WZD_165_05: 47.3 metres grading 5.45 g/t AuEq, comprised of 5.23 g/t Au, 0.22% Cu and 7.38 g/t Ag from 455.7 metres downhole.

EX_WZD_165_05A: 81 metres grading 8.05 g/t AuEq, comprised of 7.83 g/t Au, 0.21% Cu and 5.97 g/t Ag from 551 metres downhole. See Table 1 and associated footnotes for full results from drilling and for details on the gold equivalent calculation. Results confirm and extend high-grade mineralization: The mineralized zone has now been defined over approximately 170 metres along strike, 130 metres in width, and 300 metres in vertical extent, with drilled gold grades well in excess of the existing Chelopech mine gold Reserve grade of 2.18 g/t. 1 Open in multiple directions: The WZD target remains open along strike and down-dip.

Initial mineral resource estimate targeted by year-end 2026: The Company is planning further drilling over the balance of 2026, with an initial mineral resource expected by year-end as part of the Chelopech annual Mineral Resource and Mineral Reserve update. “Chelopech, in addition to being DPM’s flagship operation with a decade-long track record of delivery, is transforming into an exciting exploration story, as demonstrated by these new results,” said David Rae, President and Chief Executive Officer. “T