Valhalla Metals Commences 2026 Drill Program at the Sun Project

About this update from Valhalla Metals Inc.

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2026) - Valhalla Metals Inc. (TSXV: VMXX) (OTCQB: VMXXF) (" Valhalla " or the " Company ") is pleased to announce the start of the 2026 exploration program at its Sun project located in the World Class Ambler Mining District, Northwest Alaska. The 2026 exploration program is primarily designed to follow up on the successful drilling completed at the Sun Project in 2023, which confirmed the continuity of high-grade copper-zinc-lead-gold-silver mineralization beyond the limits of the current resource model and returned significant intercepts including 21.4 metres grading 6.84% copper equivalent (CuEq*), within a broader interval of 52.4 metres grading 3.30% CuEq*. Highlights of the 2026 Program include: Rick Van Nieuwenhuyse, Chairman, said: "Resuming drilling at the Sun project comes at a pivotal time and we are thrilled to see the drill rig turning again. There is incredible momentum building across the Ambler Mining District and throughout Alaska driven by a national mandate to secure critical metals. Alaska is a premier tier-one jurisdiction, and our work here directly supports the urgent demand for domestic energy and defense supply chains. Meanwhile, we will continue to advance our newly acquired Smucker deposit and ready the project for drilling during the 2027 field season." Drilling highlights from the 2023 Exploration Program at the Sun Project: FIGURE 1: Plan view map showing historic drilling, relogged drill holes, and 2023 assay results.

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