XXIX receives permit to drill Thierry, Ontario's largest primary copper resource

Highlights: Exploration permit. The permit sets the stage for a planned 20,000-metre drill program, over two phases, to test XXIX's updated geological interpretation and support a future mineral resource update. Phase one will begin in early July.

Drilling returns to Thierry. Thierry's first systematic drilling on the property in over 40 years. Ontario's largest primary copper resource. 100%-owned, royalty-free and Thierry pairs the near-surface, bulk-tonnage K1 zone with the high-grade, past-producing K2 zone.

Modern geological data. XXIX has rebuilt and reinterpreted Thierry's 210,000-metre historical diamond-drilling dataset into a modern, validated geological model. A materially new interpretation.

K1, historically read as sub-parallel tabular veins, XXIX's updated interpretation suggests that K1 may represent a near-surface, disseminated bulk-tonnage copper-PGE system, with mineralization remaining open at depth. Potential to get larger. K1 expansion potential at depth and along strike, a possible sulphide corridor transecting the property in the East-West direction being highlighted by the Company's first systematic IP survey, and today's copper price.

Drill Program Unlocked. The permit unlocks a two-phased 20,000-metre drill program at K1 to test grade, scale and continuity and to underpin an updated mineral resource estimate. Fully funded.

XXIX holds over $19M in cash and approximately $24M in working capital. Toronto, Ontario--(Newsfile Corp. - July 6, 2026) - XXIX Metal Corp ‎. (TSXV: XXIX) (OTCQB: QCCUF) (FSE: 5LW0) (" XXIX " or the " Company ") is pleased to announce that it has received its exploration permit from the Province of Ontario for its 100%-owned Thierry Copper Project ( "Thierry" ) near Pickle Lake, Ontario. The permit authorizes the Company's planned large-scale drill and exploration p