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Excalibur Metals Sampling Reveals a New, Broad Precious Metals Trend at Bellehelen Project in Nevada
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2026) - Excalibur Metals Corp. (TSXV:...

About this update from Excalibur Metals Corp.
[{"type":"text","content":"Excalibur Metals Sampling Reveals a New, Broad Precious Metals Trend at Bellehelen Project in NevadaVancouver, British Columbia--(Newsfile Corp. - January 22, 2026) - Excalibur Metals Corp. (TSXV: EXCL) (\"Excalibur\" or the \"Company\") is pleased to announce the discovery of a new silver and gold mineralized trend at its Bellehelen Project (\"Bellehelen\" or the \"Project\") located within the Walker Lane Trend of Nevada. Reconnaissance soil samples collected as part of the recently completed field work at Bellehelen reveal a large, consistent silver and gold soil anomaly extending over a 400 meter (\"m\") interval with values up to 7.79 parts per million (\"ppm\") silver (\"Ag\") and 87 parts per billion (\"ppb\") gold (\"Au\"). This newly-discovered mineralized zone lies 700m north of the primary trend of historic mine workings and known gold and silver mineralization at Bellehelen (see Figure 1 below).\"The reconnaissance surface exploration program we conducted this past Fall aimed to expand the known scope of mineralization - and it continues to do just that, as these consistent, high-tenor gold and silver-in-soils further confirm that a robust system with significant scale developed at Bellehelen,\" says John Gilbert, CEO of Excalibur. \"Previously, this area to the north of the main trend saw very little, if any, historic production or modern exploration. These new results indicate the distinct likelihood that additional mineralized structures exist over a broad area under cover just to the north - growing the scale for what we see as a Tier-1 target at Bellehelen. We plan to show that potential with the drill bit in the coming months.\"Excalibur's field team collected 111 reconnaissance soil samples along three north-south trending contour lines in November 2025 (see Figure 1 below). Assays have returned encouraging gold and silver values, highlighted by 7.79 ppm Ag and 87 ppb Au, representing the highest silver-in-soil anomaly out of a dataset containing 894 total samples (2021-2025; Figure 2.). Ag values range from 0.33 to 7.79 ppm (mean of 0.27 ppm) and Au values range from 0.6 to 86.7 ppb (mean of 6.8 ppb). These reconnaissance soil samples were collected on the newly staked ground to the northeast of original claim block and historic mine workings.With the successful completion of detailed mapping, rock sampling a...