Announcement • 19h
Viridian Metals Inc. Highlights Copper-Rich Zones Up to 4.15% Cu At Kraken Ahead of 2026 Drill Program Viridian Metals Inc.is advancing plans to target high-grade copper-rich zones identified within the Kraken magmatic sulphide system in Labrador, where drilling in 2024 intersected copper grades up to 4.15% Cu. The Company’s recently announced 50-hole drill program will provide the scale and flexibility required to systematically follow up on multiple copper-rich zones identified within the broader Kraken system. In addition to expanding the Main Zone, the program will evaluate several targets with potential to host additional copper-rich mineralization. In addition to follow-up drilling along the Main Zone, the Company plans to advance several peripheral targets, including Venus, where both previous drill holes intersected massive sulfides from surface and ending in mineralization before reaching the modeled conductor. Results included 12.75m @ 0.16% Ni, 0.1% Cu and 0.02% Co including 1.85 metres @ 0.7% Ni, 0.3% Cu and 0.07% Co starting a 0m (see news release dated November 26, 2024) and 7.55 metres @ 0.4% Ni, 0.2% Cu and 0.05% Co from surface, with associated precious metal values of up to 0.76g/t platinum, 0.33g/t palladium and 0.45g/t gold (see technical report dated September 23, 2024 available on SEDAR+). The target remains largely untested and represents a potential additional higher value center within the broader Kraken system. Viridian currently controls the largest copper-focused land position in Newfoundland and Labrador, encompassing both the drill-tested Kraken magmatic sulphide system and the basin-scale Sedna project. At Sedna, the Company’s exploration work has confirmed the geological architecture underpinning a copper system spanning more than 2,000 km², including deeply rooted structural plumbing, laterally extensive reduced stratigraphic horizons, and widespread disseminated chalcopyrite. Viridian believes these characteristics are analogous to those observed in major global copper districts, including the Central African Copperbelt and Europe’s Kupferschiefer Basin. Announcement • May 21
Viridian Metals Expands Drill Program At Kraken Copper-Nickel Project Viridian Metals announced it will commence a minimum 50-hole drill program in early June at its Kraken Copper-Nickel Project in Labrador, aimed at defining the scope of copper-nickel sulphide mineralization traced over approximately 5 kilometres along the Main Zone. Previous drilling intersected mineralization at roughly 1-kilometre spacing, outlining the scale of the Main Zone discovery. The Company’s 2024 and 2025 drilling campaigns established continuity of mineralization at the sub-kilometre scale within the northern portion of the system through tighter-spaced drilling. The 2026 campaign will connect these broader-scale and tighter-spaced drilling results into a continuously drill-defined mineralized footprint along the Main Zone. The program will include approximately 50 diamond drill holes targeting mineralization within 50 metres of surface, extension drilling on previously reported mineralized intercepts, including holes VKS25-024 and VKS24-003, testing newly modeled conductor plates beyond the reach of earlier drilling, follow-up drilling on conductive targets along the broader Main Zone trend, and integration of downhole electromagnetic (“DHEM”) surveying at Kraken for the first time. Several holes completed during prior campaigns either ended in mineralization or failed to reach their intended target depths, providing multiple immediate follow-up targets for the 2026 campaign. An initial focus will include extending hole VKS24-003, which intersected 21.1 metres grading 0.78% CuEq (0.26% Cu, 0.27% Ni, 0.04% Co) from surface and terminated in mineralization, as well as hole VKS25-024, which intersected 24.05 metres grading 0.77% CuEq (0.21% Cu, 0.3% Ni, 0.04% Co) from 1 metre and terminated in mineralization. Additional drilling will also follow up on previous intercepts containing local high-grade copper zones exceeding 4% copper. Viridian expects to mobilize an initial drill to site in June, with a second drill anticipated to begin operating later in the summer. CuEq represents CuEq calculated based on the following metal prices (USD): 4.0 $/lb Cu, 7.5 $/lb Ni and 15.0 $/lb Co., and a recovery grade of 80% for Ni and Co, consistent with comparable peers. Announcement • May 15
Viridian Metals Inc., Annual General Meeting, Jun 22, 2026 Viridian Metals Inc., Annual General Meeting, Jun 22, 2026. Location: 2000 - 1111 west georgia street, british columbia, v6e 4g2, vancouver Canada 
