Spartan Metals Identifies 537 Feet (163.7 Meters) 0.23% WO3Eq or 0.31% MoEq During Historic Drilling Validation at Its Victorio Tungsten-Molybdenum Project, New Mexico

About this update from Spartan Metals Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 30, 2026) - Spartan Metals Corp. (TSXV: W) (OTCQB: SPRMF) (FSE: J03) ("Spartan" or the "Company") validates historic drilling data which supports the upcoming Preliminary Economic Assessment ("PEA") announced May 5, 2026 at its Victorio Tungsten-Molybdenum Project, New Mexico (Figure 1). Historic Drilling Highlights: Brett Marsh, Spartan's President and CEO, stated: "The validation of these historic drill results marks an exciting milestone in our ongoing technical evaluation of the Victorio Project and further reinforces our conviction that acquiring this asset was a transformational opportunity for Spartan Metals. The identification of 34 drill holes with more than 100 feet of continuous tungsten-molybdenum mineralization demonstrates the impressive scale and continuity of the mineralized system. Equally encouraging is the fact that many of these large, mineralized intervals were not incorporated into previous resource estimates or historical economic evaluations, providing additional technical information as we advance the updated Preliminary Economic Assessment for Victorio. "Our ongoing data validation program continues to uncover the breadth of historical drilling completed at Victorio and is providing new insights into the size and characteristics of the mineralized system. The combination of extensive continuous mineralization, broad mineralized widths, and apparent bulk-tonnage characteristics highlights why we believe Victorio compares favourably, from a geological perspective, with large underground molybdenum systems such as Freeport-McMoRan's Henderson mine, while also benefiting from a significant tungsten component that distinguishes the Victorio Project. Although Victorio remains at a much earlier stage of technical evaluation, these historical results continue to reinforce our confidence in the project's strategic importance within the U.S. critical minerals sector.

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