Abitibi Metals intercepts VMS zone 1.5 km west of B26

Regional Exploration Confirms VMS Cluster Potential Beyond B26 in Proven VMS Camp Toronto, Ontario--(Newsfile Corp. - July 29, 2026) - Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) (" Abitibi" or the "Company ") is pleased to announce regional exploration results from its 100%-owned B26 Polymetallic Property ("B26" or the "Property") in Québec, highlighted by hole 1274-26-383 , which intersected a new potential volcanogenic massive sulphide (VMS) zinc-silver mineralized zone approximately 1.5 kilometres west of the B26 Deposit at 400 metres vertical depth. The 3,285-metre program, Abitibi's first systematic test of the Property's regional potential, targeted three of seven high-priority areas identified through a reinterpretation of historical drilling, legacy induced polarization ("IP") surveys and the Company's 2025 VTEM-MAG airborne survey (Figure 1). Abitibi now owns 100% of the B26 Project after exercising its option to acquire the remaining interest from SOQUEM Inc., a subsidiary of Investissement Québec (see news release dated June 11, 2026 ).

Highlights include: Regional exploration along trend from the B26 Zone has intersected a distal, VMS related, Ag-Zn mineralization within a geological and alteration setting analogous to the B26 Zone and 1.5km along strike to the west. This mineralization could represent the peripheral expression of a new B26 like VMS lens that could lead to a new massive sulphide body and associated copper stringer zone. Mineralization intersected in hole 1274-26-383 closely resembles similar mineralization occurring within the peripheral Ag-Zn zonation surrounding the high-grade Cu-Au rich VMS lenses at the B26 Deposit.

Hole 1274-26-383 , tested a new target 1.5 kilometres west of the B26 Deposit and intersected 14.25 metres ("m") of 1.13% zinc ("Zn") and 51.51 g/t silver ("Ag") (0.74% CuEq) including 3.10 m of 2.82% Zn and 120.64 g/t A