Vancouver, British Columbia--(Newsfile Corp. - July 15, 2026) - V Ten Metals Corp. (TSXV: VTEN) ("VTen" or the "Company") is pleased to announce its plans for an inaugural drill program at the Company's Tanami Property (the "Property"), located in the Tanami District of the Northern Territory, Australia. The Property consists of four semi-contiguous granted exploration licenses ("ELs") EL 23848, EL 31402, EL 23874 and EL 23875, covering 1,237 sq km located in the Tanami Desert approximately 450km directly northwest of Alice Springs, Northern Territory, Australia.
The Company has engaged United Drilling Services of Sarina, Queensland, to carry out the Reverse Circulation (RC) drill program at the Property. The initial program will be comprised of 6-10 drill holes for a total of approximately 2,150 m of RC drilling. Drill mobilization is expected in the first half of August 2026. The program is designed to test a series of high-priority nickel-copper-PGE targets, integrating historical Aircore geochemistry with magnetic and HeliTEM geophysical anomalies. The objective is to confirm sulphide mineralisation within fresh bedrock, validate geophysical models, and define the geological controls and continuity of mineralisation along a northeast-trending corridor.
Blair Way, CEO, President and Director comments: "We are thrilled to be drill testing the property which has not been drill tested to depth. The Company has successfully carried out a grass roots exploration campaign over the past several years, which has identified a number of high-priority nickel-copper-PGE targets on the property held by the Company. The Property is strategically located approximately 30 km east of the Newmont Granites mine. This initial drill program will orient an aggressive follow-up drill campaign with the objective of unlocking the significant potential of the Property and building shareholder value in the process".
Geophysics and Drilling Collaborations Program Grants
The Company is also pleased to announce that the Company has been successful in their application for two grants to undertake works on our Tanami property. Northern Territory Department of Mining, Geophysics and Drilling Collaborations program funded by the Resourcing the Territory Program and administered by the Northern Territory Geological Survey has approved the following two grants for a total amount of $139,393.
For EL23875 the Company has received a grant of $115,000, inclusive of GST towards drilling on the property. For EL23848 the Company has received a grant of $24,393 ( inclusive of GST) towards Geochemical assessment on the property.