Tillkännagivande • May 02
Cupani Metals Corporation Reports Winter Drilling Results At Blue Lake Project Cupani Metals Corporation has announced some early success in its exploration campaign being conducted on its 100%-owned Blue Lake project. The main objective of the program was to test the interpreted extension of the Blue Lake mineralisation to the South-East within the High-Potential Corridor. The new geological interpretation was confirmed by the intersection of massive sulphides at the base of a sub-horizontal ultramafic unit. Cupani has drilled 6 holes for a total of 1,344 meters. The drilling program commenced on March 18th and was paused last week for goose hunting season until June, as agreed in advance with the Naskapi Nation of Kawawachikamach. A total of 803 core samples, including 10% QA/QC samples, has been sent to the ALS Global in Val D'Or for processing. Four holes were drilled in the Blue Lake South-east sector. These holes all targeted combined magnetic and electromagnetic anomalies. At the base of the ultramafic units, massive sulphides with sharp contacts to lithologies were identified over lengths of up to two meters. Above the massive sulphides, the ultramafic rocks usually contain 5 to 20% disseminated, net textured and blebby sulphides over thicknesses of up to 70 meters. The furthest hole to date is 1.4 kilometres from the southern edge of historical deposit /lens named Blue Lake #2. This extends the footprint of known mineralization to the southeast. Analytical results are expected within the next few weeks and will be communicated in a further Press Release. The first 2 holes of the campaign were drilled close to Retty Lake camp and was testing weakly mineralised peridotite at surface associated with magnetic and gravity anomalies (from the 2024 survey conducted for Cupani). Tillkännagivande • Mar 20
Cupani Metals Corporation Commences Drilling At Blue Lake Cupani Metals Corporation announced the winter 2026 drill program has begun. Cupani's 2026 winter drill program ranges from 15 to 25 holes for a total of between 3,000 and 4,000 meters. The program is designed to test the interpreted extension of the Blue lake mineralisation to the South-East along the High-Potential Corridor. Drill locations were chosen based on confluence of surface geology that includes the presence of mineralised ultramafics and geophysics including aeromagnetic anomalies, electromagnetic responses and gravity anomalies. The proposed depth for each drill hole is planned as sufficient to reach the ultramafic /sediment contact. Cupani may choose to keep the drill rig onsite beyond April for use later in 2026. Cupani's 100% owned Blue Lake copper nickel PGE project in Quebec covers 682 square kilometres of exploration claims. During the 1980s certain sections of Blue Lake project were explored by La Fosse Platinum. They drilled hundreds of exploration holes, excavated a 350 metre (1,000 foot) adit, conducted geochemical, geophysical and geologic surveys and metallurgy testing. The surface projection of discovered mineralization as well as historical drill locations are shown and comprise an area less than 10 square kilometers. The above figure's copper equivalence estimates were made using CAD for the copper equivalent calculation with metal prices as of September 8th, 2025 of $6.20/lb Cu, $9.52/lb Ni, $1,921.60/oz Pt, $1,566.82/oz Pd. Equation used: Copper Equivalent = Cu (%) + (Ni (%) x 1.54) + (Pt (g/t) x 0.45) + (Pd (g/t) x 0.37). There is a reasonable assumption that recoveries will be 80% or more for all commodities, consistent with comparable peers, and all Cu equivalent numbers were multiplied by this factor. A search for metal recoveries was conducted for the main Ni-Cu deposits and recoveries are usually higher than 80% for Ni and Cu. Only copper equivalence values calculated above 0.4% are shown on the figure. Tillkännagivande • Feb 28
CUPANI Metals Corporation Announces Discovery of Two New Mineralized Zones at Blue Lake Project CUPANI Metals Corporation announced that all assay results from 2025's mapping and prospecting program on its 100%-owned Blue Lake Property (the Property) are received. The results support the newly outlined anomalous sectors discovered last year and confirm the potential of the new geological interpretation. Highlights of the 2025 Fieldwork: 457 grab samples were collected, primarily from outcrop and felsenmeers (in-situ angular blocks formed by freezing-thawing cycles, representing the underlying outcrop). Discovery of two new mineralised zones: North Retty and Retty Lake Northwest: Several sectors assayed between 0.4 and 0.83% Cu eq, the same range of values obtained from the surface sampling over the known Cu-Ni-PGE deposits. The observation of net textured sulphides and sulphides blebs in several areas may indicate the proximity of Cu-Ni-PGE mineralisation; Extension of the surface expression of the Blue Lake mineralized area to the South and the South-East. All surface mineralized occurrences correspond to combined magnetic and electromagnetic anomalies. North Retty North of the Retty Lake Camp, two ultramafic felsenmeer blocks were discovered at the northern edge of an interpreted ultramafic sequence. Both blocks exhibited net textured sulphides, and one had a few small chalcopyrite-rich blebs. Assay results are 0.55% and 0.52% Cu eq. A third very rusty block, located 2 km to the south-east, along the same ultramafic unit, graded 0.45% Cu equivalent. Historical drill hole A-27, 350 meters north-west from the blocks, intersected: 0.6% Cu, 0.56% Ni and 0.3% Zn over 0.7 m and 0.25% Cu, 0.24% Ni over 1.04 m. New Geological Interpretation: High-Potential Corridor: The new geological interpretation at Blue Lake identifies a series of ultramafic subvolcanic conduits exhibiting columnar jointing and containing net-textured sulfides and/or sulfides on surface. This newly defined high-potential corridor is the primary focus of CUPani's exploration efforts this year. A 3,000-4,000 meters drill program will start the first week of March 2026. The historical estimates were performed with a rectangular polygonal technique; the drilling pattern was 60X60m; the cut-off was 1.5m of 1% combined Cu + Ni with a specific gravity of 4.6 A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and Cupani Metals is not treating the historical estimate as current mineral Resources or mineral reserves. More work will be required in the form of drilling to verify the historical resource estimate. The company are also currently searching for the original logs and analytical certificates from 1987--East. The company is currently searching for the original logs, and the company is currently searching for the initial logs and analytical certificates from 1987 - 1987-East. The company is looking for the original logs and analytical certificate from 1987-East. The company has not done sufficient work to classification the historical estimate as current mineral resource estimate. The company is not treating the historical estimate of the company's exploration efforts this year. The company are also currently looking for the original logs and analytic certificates from 1987-East. Tillkännagivande • Feb 13
Cupani Metals Corp. Announces Its Winter Drilling Campaign Has Beated Mobilization CUPANI Metals Corp. announced its winter drilling campaign has begun mobilization. Mobilization of machinery and supplies for Cupani's winter exploration drilling campaign has begun. The campaign seeks mineralization of copper, nickel and platinum group elements. The first loads of heavy equipment left Sept-Iles for Schefferville by train earlier this week. Provisions of fuel and food have already reached Schefferville. Helicopter services for the campaign have been contracted from Innukopteres Inc. whose main shareholder is the Innukopteres Inc.'s main shareholder is the InnUKopteres Inc. is an entirely Aboriginal company that began operations in 2010 and whose mission is to provide its customers with safe and high-quality helicopter transportation services. Innukopteres Inc., will supply a Eurocopter AS350 B3 helicopter from Sept-Iles. The exploration drilling contract has been awarded to Vital Drilling Services. Vital Drilling Services drilled at Blue Lake in 2015 and therefore is familiar with the logistics, lithology and mineralization of the region. Drilling is expected to occur near the historical mineralization of copper nickel and platinum group elements. Drilling will be from surface. It is expected that drilling depths will average 200 metres and expected that circa 15 holes will be drilled into various targets chosen based on recent geological interpretations from geophysics, surface samples and detailed mapping. Contractors, staff, drillers and geologists will be accommodated at Cupani's exploration campsite on the shore of Retty Lake. The site is permitted from the Quebec government under conditions that include environmental stewardship. Permits for exploration drilling are in place. Retty Lake camp and the exploration site are bothcirca 65 kilometres from the town of Schefferville which hosts and airport, railway, hotels and other infrastructures. Tillkännagivande • Nov 20
Cupani Metals Corp. announced that it expects to receive CAD 5 million in funding Cupani Metals Corp announced a non-brokered private placement to issue 17,142,857 flow through units at a price of CAD 0.175 per FT unit for aggregate proceeds of CAD 2,999,999.975, 2,040,816 charity flow-through units at a price of CAD 0.245 per Charity FT Unit for aggregate proceeds of CAD 499,999.92 and 9,375,000 hard cash units at a price of CAD 0.16 per HC unit for aggregate proceeds of CAD 1,500,000, total gross proceeds amounting to CAD 4,999,999.895 on November 20, 2025. Each Charity FT Unit and FT Unit will consist of one common share (FT Share) and one half of one common share purchase warrant, each Warrant exercisable at CAD 0.3 at any time prior to the day that is 24 months from the closing date, subject to the terms and provisions of an acceleration clause. The FT Share and one-half Warrant comprising the Charity FT Units and FT Units will qualify as a "flow-through share" for purposes of the Income Tax Act(Canada). Each HC Unit will consist of one common share of the Company and one half of one Warrant. The securities issued pursuant to the Offering are subject to resale restrictions, including a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. Tillkännagivande • Nov 13
Cupani Metals Corporation Provides Update on Winter 2026 Drilling Expedition Cupani Metals Corp. provided an update. In Mid-November the geology team will travel to Chicoutimi Quebec for the purpose of examining historic drill core from LaFosse Platinum and Rockland. This is an important first step in understanding the mineralised lens, taking their geophysical measurements and help to gain a better interpretation of the current geophysical surveys, plan the future ground surveys and subsequent drilling. Cupani has begun the project tender process for drilling, core logging, logistics and fuel. Logistics for the 2026 winter campaign will be split between helicopter, possibly plane on skids, overland tracked vehicles, and a AT44 truck. Overland routes will follow trails opened during February 2025 by a snowmobile expedition, itself based on winter roads made during the 1980s. 
