Ramp Metals IncTSXV: RAMP

Ramp Metals Expands Rush VMS System; Drills 7.4m of 1.01% Cu, 7.07% Zn, and 10.11 g/t Ag in 55m Step-Out Hole in Rush-015, and Drills 25.9m of Mineralization in Rush-012

· Issued by Ramp Metals Inc via Newsfile

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to report a 7.4m intercept grading 1.01% Cu, 7.07% Zn, and 10.11 g/t Ag over 7.4m from 129.6 to 137m in the Rush-015 drill hole at the Company's Rottenstone SW property. Rush-015 represents a 55m step-out to the South from the mineralization intersected in Rush-012 which returned 0.72% Cu, 11.99 g/t Ag, 1.71% Zn, and 0.41% Pb over 25.9m from 42 to 67.9m. The Company has also been approved for a reimbursement of $150,000 from the 2025-2026 Targeted Mineral Exploration Incentive (TMEI) program in Saskatchewan.

Key Highlights:

  • Rush-015: 7.4m (129.6-137m) of 1.01% Cu, 7.07% Zn, 10.11 g/t Ag, 0.03 g/t Au, and 0.11 % Pb

    • Including 4.1m (129.6-133.7m) of 1.55% Cu, 9.57% Zn, 9.47 g/t Ag, and 0.03 g/t Au.

    • Also intersected 1m (147-148m) of 2.19 g/t Au outside of the main mineralized intercept and located 11m from the end of hole (158m).

  • Rush-012: 25.9m (42-67.9m) of 0.72% Cu, 11.99 g/t Ag, 1.71% Zn, and 0.41% Pb

    • Including a 4.5m (43-47.5m) copper-rich zone grading 2.03% Cu, 22.83 g/t Ag, and 1.58% Zn.

    • Also including a 6m (54.5-60.5m) zinc-rich zone grading 5.04% Zn, 0.50% Cu, 12.60 g/t Ag, and 1.20%.

  • Rush-013: 4.0m (144.5-148.5m) of 0.78% Cu, 0.03% Zn, 15.18 g/t Ag, 0.29 g/t Au, and 0.01% Pb

    • Also intersected 5m (122-127m) of 0.41% Cu, 0.04% Zn, 30.20 g/t Ag, 0.04 g/t Au, and 1.76% Pb.

"The mineralization intersected in Rush-015 represents the most significant high-grade intercept that we have intersected to date at Rush," stated Garrett Smith, VP of Exploration for Ramp Metals. "The location of the mineralization is important, as it extends the mineralization at depth and demonstrates a potential link between the two zones we discovered in the 2025 program."

The Company has now completed its 2026 winter/spring drill program. A total of 16 drill holes comprising 3,817.06m was drilled over 72 days. See Table 2 for coordinates, drill hole characteristics and current assay status. Six different anomalies across the property were tested; Rush, Rush Satellite 1, Rush Satellite 2, Runway, Redridge, and Ranger (Figure 1).

Figure 1: Drill hole locations and traces for the Winter 2026 Drill Program

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8725/298129_fdc2b79b548fda02_001full.jpg

Table 1: Rush-012, Rush-013, and Rush-015 Highlight Assay Results. True widths have not been determined.

Hole ID

From (m)

To (m)

Length (m)

Cu %

Zn %

Ag g/t

Au g/t

Pb %

Rush-012

42

67.9

25.9

0.72

1.71

11.99

0.04

0.41

including

43

47.5

4.5

2.03

1.58

22.83

0.09

0.14

including

54.5

60.5

6.0

0.50

5.04

12.60

0.03

1.20

Rush-013

122

127

5.0

0.41

0.04

30.20

0.04

1.76

Rush-013

144.5

148.5

4.0

0.78

0.03

15.18

0.29

0.01

Rush-013

152

153.5

1.5

0.51

0.01

21.10

0.58

0.05

Rush-013

181

186

5.0

0.45

0.02

3.04

0.05

0.00

Rush-015

2

4

2.0

0.33

0.01

2.95

0.57

0.01

Rush-015

129.6

137

7.4

1.01

7.07

10.11

0.03

0.11

including

129.6

133.7

4.1

1.55

9.57

9.47

0.03

0.02

Rush-015

147

148

1.0

0.02

0.08

<0.5

2.19

0.02

Figure 2: Rush Drill hole overview and results

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8725/298129_fdc2b79b548fda02_002full.jpg

Rush-012

Drilled from the same location as Rush-011, Rush-012 was designed to test below and adjacent to the mineralization encountered in the 2025 drill hole Rush-010, which intersected 27m (18-45m) of 0.78% Cu, 1.91% Zn, 0.53% Pb, 12.71 g/t Ag (August 5th, 2025 News Release). Rush-012 targeted beneath an outcrop found during the Fall 2024 field season, resulting in surface rock samples that returned values of up to 1.61% Cu, 113 g/t Ag, and 0.79 g/t Au (January 20th, 2025 News Release).

Rush-012 intersected a significant interval of mineralization ranging from disseminated to semi-massive sulphides. Assays returned 25.9m (42-67.9m) grading 0.72% Cu, 11.99 g/t Ag, 1.71% Zn, and 0.41% Pb, including a 4.5m (43-47.5m) copper-rich zone grading 2.03% Cu, 22.83 g/t Ag, and 1.58% Zn. Rush-012 also included a 6m (54.5m-60.5m) zinc-rich zone grading 5.04% Zn, 0.50% Cu, 12.60 g/t Ag, and 1.20% Pb. This result extends the previously identified mineralization in Rush-010 at depth and remains open.

Rush-013

Rush-013 intercepts include 5m (122-127m) grading 0.41% Cu, 30.24 g/t Ag, and 1.76% Pb, along with 4m (144.5-148.5m) grading 0.78% Cu, 15.18 g/t Ag, and 0.29 g/t Au. Two other reportable intercepts were also encountered in this hole where disseminated sulphides were noted in the core. These intercepts include 1.5m (152-153.5m) grading 0.51% Cu, 21.10 g/t Ag, 0.58 g/t Au, and 5m (181-186m) grading 0.45% Cu, 3.04 g/t Ag. This extends the mineralization at depth and further to the west. Mineralization remains open.

Rush-015

Designed to test between the Discovery Zone (Rush-001, 002, 003, 009) and the mineralization encountered in Rush-010, 011, and 012, Rush-015 intersected 7.4m from 129.6 to 137m of 1.01% Cu, 7.07% Zn, 10.11 g/t Ag, 0.03 g/t Au, and 0.11 % Pb, including 4.1m from 129.6 to 133.7m of 1.55% Cu, 9.57% Zn, 9.47 g/t Ag, and 0.03 g/t Au. In addition, a 1m intercept of 2.19 g/t Au was returned from 147-148m, which is located outside the main intercept of mineralization. This 1m intercept is located only 11m from the end of hole, which terminated at 158m.

Rush-015 represents a 55m step-out to the South towards the Discovery Zone from the mineralized intercept in Rush-012 (Figure 2). This extends the mineralization along strike and at depth. Mineralization remains open.

Figure 3: Rush-015 Boxes 37, 38 & 39; 127.85-138.5m

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8725/298129_figurethree.jpg

Table 2: All Drill Hole Locations from Winter 2026 Drilling. All Coordinates are in UTM NAD83 Zone 13.

Hole ID

Depth (m)

Azimuth

Dip

Easting

Northing

Elevation

Status

Rush-011

155

134

-63

487894

6212262

464

Assays Received

Rush-012

167

145

-55

487894

6212262

462

Assays Received

Rush-013

218

320

-57

487952

6212167

459

Assays Received

Rush-014

329

285

-57

487952

6212165

460

Assays Pending

Rush-015

158

137

-55

487850

6212235

450

Assays Received

Rush-016

347

294

-57

487944

6212135

453

Assays Pending

Rush-017

296

260

-50

487944

6212135

453

Assays Pending

Rush-018

260

270

-50

487915

6212106

454

Assays Pending

Rush-019

269

280

-63

487853

6212073

462

Assays Pending

RS1-001

271

314

-59

488824

6212695

444

Sampling

RS2-001

230

317

-57

487187

6212372

420

Sampling

RW-001

260

136

-67

486457

6200736

410

Sampling

RR-001

242.06

130

-54

491262

6202174

434

Sampling

RR-002

230

135

-60

491410

6202309

448

Assays Pending

Ranger-009

212

88

-53

492882

6206863

410

Sampling

Ranger-010

173

271

-60

492882

6206863

410

Sampling

Table 3: Rush-012, -013, and -015 Expanded Assay Results.
Note: A cutoff of 0.10% Cu was used, except for Rush-015 147-148m.

Hole ID

From (m)

To (m)

Cu %

Zn %

Ag g/t

Au g/t

Pb %

Rush-012

3.1

4

0.24

0.02

0.80

0.01

0.01

Rush-012

4

5

0.23

0.02

0.70

0.02

0.01

Rush-012

5

6

0.11

0.01

<0.5

0.01

0.01

Rush-012

6

7

0.19

0.04

0.50

0.01

0.00

Rush-012

9

10

0.16

0.05

<0.5

0.01

0.01

Rush-012

41.5

42

0.12

0.02

0.60

0.01

0.01

Rush-012

42

42.5

0.35

0.03

9.00

0.08

0.14

Rush-012

42.5

43

0.45

0.08

4.60

0.02

0.07

Rush-012

43

43.5

4.23

0.47

35.30

0.06

0.01

Rush-012

43.5

44

3.38

0.65

24.50

0.05

0.02

Rush-012

44

44.5

0.74

0.30

15.10

0.13

0.16

Rush-012

44.5

45

0.88

0.61

38.00

0.12

0.68

Rush-012

45

45.5

3.01

1.35

20.90

0.16

0.07

Rush-012

45.5

46

0.96

2.97

14.40

0.05

0.09

Rush-012

46

46.5

1.26

4.30

13.80

0.06

0.02

Rush-012

46.5

47

1.81

2.21

20.00

0.10

0.03

Rush-012

47

47.5

2.01

1.31

23.50

0.09

0.17

Rush-012

47.5

48

0.30

0.03

40.40

0.14

0.60

Rush-012

48

48.5

0.20

0.10

8.60

0.05

0.20

Rush-012

48.5

49

0.37

0.21

10.50

0.03

0.22

Rush-012

49

49.5

0.25

0.22

2.70

0.01

0.08

Rush-012

49.5

50

0.58

0.88

14.50

0.07

0.24

Rush-012

50

50.5

0.46

1.07

9.10

0.06

0.17

Rush-012

50.5

51

1.32

0.71

63.30

0.21

1.24

Rush-012

51

51.5

0.33

0.30

6.00

0.05

0.10

Rush-012

51.5

52

0.25

0.26

2.20

0.03

0.02

Rush-012

52

52.5

0.33

0.09

2.60

0.01

0.02

Rush-012

52.5

53

0.50

0.25

9.00

0.03

0.21

Rush-012

53

53.5

0.39

0.14

2.70

0.01

0.03

Rush-012

55

55.5

1.38

2.65

6.80

0.05

0.27

Rush-012

55.5

56

0.26

2.16

3.70

0.01

0.05

Rush-012

56

56.5

0.71

3.24

5.60

0.02

0.52

Rush-012

56.5

57.1

1.62

2.53

15.60

0.09

0.92

Rush-012

57.1

57.5

0.54

10.10

5.50

0.01

0.54

Rush-012

57.5

58

0.25

8.91

2.10

0.01

0.14

Rush-012

58

58.5

0.14

13.24

31.30

0.01

3.28

Rush-012

58.5

59

0.21

7.34

22.90

0.01

2.40

Rush-012

59

59.5

0.22

6.73

21.70

0.01

2.31

Rush-012

59.5

60

0.20

1.72

11.70

0.01

1.26

Rush-012

60

60.5

0.16

0.88

13.90

0.01

1.22

Rush-012

61

61.5

0.16

0.71

2.10

0.01

0.11

Rush-012

61.5

62

0.15

0.36

1.10

0.00

0.05

Rush-012

62

62.5

0.17

0.16

1.20

0.00

0.02

Rush-012

62.5

63

0.20

0.25

1.80

0.01

0.08

Rush-012

63

63.5

0.29

0.99

8.20

0.01

0.68

Rush-012

63.5

64

0.39

0.11

3.00

0.00

0.08

Rush-012

64

64.5

0.88

0.22

6.40

0.02

0.05

Rush-012

64.5

65

1.26

1.00

9.30

0.02

0.06

Rush-012

65

65.5

0.70

3.81

13.60

0.03

0.25

Rush-012

65.5

66

0.62

0.20

7.30

0.03

0.06

Rush-012

66

66.5

0.98

0.49

7.70

0.07

0.03

Rush-012

66.5

67

0.39

0.09

3.10

0.04

0.03

Rush-012

67

67.5

0.60

0.11

4.20

0.02

0.01

Rush-012

67.5

67.9

0.33

0.09

3.80

0.03

0.01

Rush-012

158

158.5

0.14

0.02

3.40

0.01

0.01

Rush-013

122

123

0.36

0.03

25.60

0.05

1.67

Rush-013

123

124

0.43

0.04

31.10

0.04

2.17

Rush-013

124

125

0.30

0.03

20.70

0.03

1.30

Rush-013

125

126

0.48

0.04

33.80

0.05

2.02

Rush-013

126

127

0.48

0.04

39.80

0.05

1.64

Rush-013

144.5

145

1.21

0.04

21.90

0.67

0.00

Rush-013

145

145.5

0.97

0.03

21.60

0.36

0.00

Rush-013

145.5

146

1.80

0.05

34.10

0.55

0.01

Rush-013

146

146.5

0.75

0.03

16.40

0.45

0.01

Rush-013

146.5

147

0.40

0.02

6.80

0.07

0.01

Rush-013

147

147.5

0.33

0.03

4.90

0.07

0.00

Rush-013

147.5

148

0.50

0.02

11.40

0.12

0.01

Rush-013

148

148.5

0.26

0.02

4.30

0.07

0.01

Rush-013

152

152.5

0.75

0.01

39.80

0.72

0.12

Rush-013

152.5

153

0.38

0.01

16.10

0.54

0.04

Rush-013

153

153.5

0.41

0.01

7.40

0.49

0.00

Rush-013

153.5

154

0.13

0.02

2.10

0.06

0.00

Rush-013

170

170.85

0.11

0.14

<0.5

0.01

0.01

Rush-013

172.5

173

0.15

0.18

<0.5

0.02

0.01

Rush-013

177.5

178

0.28

0.02

2.70

0.03

0.00

Rush-013

178

178.5

0.20

0.01

1.40

0.01

0.00

Rush-013

181

181.5

0.56

0.02

5.20

0.05

0.00

Rush-013

181.5

182

0.23

0.02

1.40

0.02

0.00

Rush-013

182

182.5

0.26

0.02

1.40

0.06

0.00

Rush-013

182.5

183

0.33

0.02

1.90

0.03

0.00

Rush-013

183

183.5

0.47

0.02

2.90

0.04

0.00

Rush-013

183.5

184

0.84

0.01

4.90

0.08

0.00

Rush-013

184

184.5

0.85

0.02

5.10

0.08

0.00

Rush-013

184.5

185

0.51

0.01

3.10

0.11

0.00

Rush-013

185

185.5

0.14

0.02

0.80

0.02

0.00

Rush-013

185.5

186

0.35

0.02

3.70

0.03

0.00

Rush-013

186.5

187

0.10

0.01

0.60

0.01

0.00

Rush-013

187

187.5

0.21

0.01

1.40

0.02

0.00

Rush-013

188

188.5

0.16

0.01

1.40

0.03

0.00

Rush-013

190

190.82

0.12

0.02

1.30

0.02

0.00

Rush-015

2

3

0.19

0.01

1.50

0.97

0.01

Rush-015

3

4

0.47

0.01

4.40

0.17

0.01

Rush-015

6

7

0.24

0.01

1.90

0.04

0.01

Rush-015

8

9

0.11

0.01

0.90

0.02

0.00

Rush-015

22

23

0.15

0.05

1.80

0.04

0.00

Rush-015

23

24

0.13

0.05

1.80

0.02

0.00

Rush-015

28.1

29

0.13

0.03

1.30

0.01

0.00

Rush-015

29

30

0.19

0.03

2.60

0.01

0.00

Rush-015

32

33

0.11

0.03

0.90

0.02

0.00

Rush-015

37

38

0.56

0.02

2.70

0.05

0.00

Rush-015

67

68

0.20

0.02

2.60

0.04

0.01

Rush-015

68

69

0.24

0.02

3.80

0.03

0.00

Rush-015

73

74

0.11

0.02

1.80

0.02

0.00

Rush-015

74

75

0.30

0.03

4.50

0.05

0.00

Rush-015

75

76

0.16

0.02

1.40

0.01

0.01

Rush-015

76

77

0.11

0.02

0.60

0.01

0.01

Rush-015

77

78

0.18

0.02

1.30

0.03

0.00

Rush-015

78

79

0.20

0.02

0.70

0.02

0.00

Rush-015

79

80

0.17

0.02

0.70

0.02

0.00

Rush-015

87

88

0.19

0.02

8.60

0.03

0.09

Rush-015

100.5

101

0.19

1.52

1.40

0.01

0.04

Rush-015

103

103.5

0.15

0.07

3.60

0.01

0.13

Rush-015

122

123

0.11

0.03

0.80

0.01

0.07

Rush-015

129.6

130

0.83

11.20

8.10

0.00

0.02

Rush-015

130

130.5

1.35

6.96

10.00

0.03

0.02

Rush-015

130.5

131

2.00

19.08

11.10

0.02

0.01

Rush-015

131

131.5

3.52

11.89

14.70

0.04

0.02

Rush-015

131.5

132

1.09

12.35

7.80

0.02

0.06

Rush-015

132

132.5

0.46

6.09

3.50

0.02

0.01

Rush-015

132.5

133

0.43

3.73

4.50

0.03

0.02

Rush-015

133

133.7

2.29

6.74

14.00

0.06

0.02

Rush-015

134.2

134.6

0.12

0.30

7.50

0.07

0.14

Rush-015

134.6

135

0.23

16.33

4.50

0.01

0.06

Rush-015

135

135.5

1.11

4.74

10.40

0.02

0.10

Rush-015

135.5

136

0.35

1.33

12.20

0.02

0.31

Rush-015

136

136.5

0.16

0.30

12.30

0.01

0.37

Rush-015

136.5

137

0.28

6.36

26.40

0.09

0.49

Rush-015

137

137.5

0.14

11.43

2.40

0.01

0.04

Rush-015

137.5

138

0.16

6.68

2.50

0.00

0.07

Rush-015

141

142

0.13

0.48

3.80

0.01

0.07

Rush-015

147

148

0.02

0.08

<0.5

2.19

0.02

QA/QC and Geochemical Sampling Procedure

All drill core samples are logged, photographed, and bagged on-site. Control samples consisting of certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's QA/QC protocol at a rate of 1:15 or better. Samples are transported by Manitoulin Transport to Bureau Veritas Commodities Canada Ltd.("BV"), an internationally recognized and ISO 17025:2017 accredited analytical services provider, at its Vancouver, British Columbia laboratory. The Company's QA/QC protocol is in addition to BV's QA/QC standard procedure.

Drill core samples were prepared using the PRP70-250 package, where samples are weighed, dried, and crushed to greater than 70% passing a 2mm sieve, then pulverized to greater than 85% passing 75 microns. Samples from Rush are analyzed in accordance with BV's FA330 (Au) and MA300 packages, for gold analysis by fire assay (30g fire assay with AAS finish) and multi-element ICP analysis (0.25 g, multi-acid and ICP-ES analysis). Gold returning >10ppm is automatically analyzed by gravimetric method in accordance with lab standard of practice. Copper and Zinc over limits were re-assayed using BV's MA370 package, a multi-acid digestion with ICP-ES finish.

Sampling of the remaining drill holes is progressing well. As core cutting is completed, samples will be shipped promptly to the lab for analysis.

Qualified Person

Brett Williams, P.Geo., VP Operations and Senior Geologist for Ramp Metals, and a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content in this news release.

About Ramp Metals Inc.

Ramp Metals is a grassroots exploration company with a focus on a potential new Saskatchewan copper-gold district. The Company currently has a high-grade gold discovery of 73.55 g/t Au over 7.5m, and a new Cu-Zn-Pb-Ag VMS discovery at its flagship Rottenstone SW property. The Rottenstone SW property comprises 32,689 hectares and is situated in the Rottenstone Domain.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's exploration activities.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

For further information, please contact:

Ramp Metals Inc.

Jordan Black
Chief Executive Officer
jordaneblack@rampmetals.com

Prit Singh
Director
(551)-340-0101

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298129

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