Vancouver, British Columbia–(Newsfile Corp. – October 29, 2026) – Go Metals Corp. (CSE: GOCO) (“Go Metals” or the “Company”) is pleased to announce that Eureka Metals Corp. (“Eureka”) has commenced diamond drilling at the KM98 Project (“KM98” or the “Project”), located approximately 60 kilometres north of Havre-Saint-Pierre, Québec.
Eureka holds an option to earn up to an 80% interest in KM98 from Go Metals. Eureka is operating and funding the maiden drill program at the Hook Target, which is being carried out by IOS Geosciences (“IOS”).
Highlights:
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Diamond drilling has commenced at the Hook Target, with eight holes planned from four approved drill sites to depths of up to 200 metres.
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The program will test previously undrilled magnetic and conductive anomalies along an approximately five-kilometre prospective trend.
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Previous exploration identified massive and semi-massive titanium-bearing oxide mineralization at surface.
The program will test areas of known surface mineralization over the geophysical anomaly. Drilling is designed to evaluate the potential for titanium-bearing oxide mineralization at depth and better understand the continuity of the mineralized system.
“The commencement of drilling at KM98 marks an important milestone following exploration and technical work by Go Metals,” said Scott Sheldon, President and CEO of Go Metals. “We are pleased to be working with Eureka as they build on that foundation and advance the Project into its first drill campaign. With multiple targets along a five-kilometre trend, we look forward to seeing these targets tested at depth.”
Qualified Person
The technical information in this news release has been reviewed and approved by Hugues Longuépée, P.Geo., of IOS, a qualified person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. IOS has been engaged by Eureka to conduct the drill program. Mr. Longuépée is independent of the Company.
About Go Metals
The Company continues to prioritize innovation and responsible exploration practices in the pursuit of critical metals in mining-friendly jurisdictions. The Company’s base metal project portfolio includes KM98, a Ti-V-Fe project, HSP, a Ni-Cu project, and Monster, an IOCG project.
For further information, please contact:
Scott Sheldon, President and Chief Executive Officer
604.725.1857
Scott@GoMetals.ca
Forward-Looking Information
This news release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information reflects management’s current expectations concerning future events and includes statements regarding the potential for titanium-bearing oxide mineralization at depth and the potential extent and continuity of mineralized systems; the scope, timing and completion of the maiden drill program at the Hook Target; the exploration potential of KM98 and the advancement of its targets; future exploration updates; and Eureka’s potential completion of the earn-in and the Company’s resulting retention of a 20% participating interest in the Project.
