Equity Metals expands mineral resource estimate at Silver Queen, BC

Highlights

Indicated Mineral Resource: 48.7Mozs AgEq or 737kozs AuEq: 21.0Mozs Ag, 210kozs Au, 21Mlbs Cu, 55Mlbs Pb and 299Mlbs Zn Contained in 3.57 Mt

Inferred Mineral Resource: 35.0Mozs AgEq or 529kozs AuEq: 17.3Mozs Ag, 117kozs Au, 21Mlbs Cu, 46Mlbs Pb and 188Mlbs Zn Contained in 5.16 Mt

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2026) - Equity Metals Corporation (TSXV: EQTY) ("Equity" or "Company") reports that Kirkham Geosystems Ltd ("KGL") and P&E Mining Consultants Inc. ("P&E") have completed an updated Independent Mineral Resource Estimate ("MRE") in accordance with National Instrument 43-101 ("NI 43-101") with an effective date of September 11, 2026 for the Silver Queen Ag-Au Project, British Columbia, Canada. The MRE features lateral and down-dip extensions of the No. 3, NG-3, Camp, and Sveinson Vein sets originally included in the 2022 MRE, and newly added mineralization from the George Lake Zone. The MRE utilizes a Net Smelter Return ("NSR") cut-off at C$122/t with updated metal pricing and a rigorous stope optimization model to reflect the Reasonable Prospects for Eventual Economic Extraction ("RPEEE") for the Mineral Resource models.

President Joe Kizis comments, "After verifying and expanding Silver Queen's Indicated Mineral Resource in our December 2022 Mineral Resource Update, our exploration mandate shifted to grow the total Mineral Resource by drill-testing other target ideas with drill spacing acceptable for Inferred Mineral Resources. As a result, Inferred Mineral Resources significantly expanded in the current MRE. As we continue to advance our understanding of the Silver Queen Deposits, other attractive targets have been identified to further expand Silver Queen's Mineral Resource potential and make development of the property more attractive."

Silver Queen Resource Estimate Highlights:

The 2026 Mineral