Winshear Metals Corp.TSXV: WINS

Winshear Portsoy Project – Downhole Electromagnetic Survey Outlines Strong Conductor in the South Zone Close to Recent Drilling

· Issued by Winshear Metals Corp. via GlobeNewswire

VANCOUVER, British Columbia, July 15, 2026 (GLOBE NEWSWIRE) -- Winshear Metals Corp. (TSX-V: WINS, FRA: 9HR0) reports that a downhole electromagnetic ('DHEM') survey completed after the recent drill program at the Portsoy Nickel – Copper – Cobalt (Ni-Cu-Co) Project in northeast Scotland, has identified a strong conductor, with characteristics of a massive sulphide body. The strong conductor is close to the 460m long drill hole RBD030 at the South Zone of the Rodburn Target (see Company news release dated May 26, 2026). 

The north-northwest plunging conductor is modelled as being over 350m long by 50m wide.  It is above, and ~100m east of, the end of RBD030. The conductor remains open to depth (refer to Map 1 here).

DHEM is an exploration tool used extensively in exploration for massive sulphide deposits. 

The Company engaged Mr. Alan King of Geoscience North Ltd. of Sudbury, Ontario to model the DHEM data. Mr. King is widely known in the field of DHEM surveying, and previously held the roles of Chief Geophysicist of INCO (2000 – 2007) and Chief Geophysicist Global Exploration for Vale (2009 – 2013).

Previous drilling at the South Zone encountered strong Ni-Cu-Co massive sulphide mineralization extending from ~20m below surface to a vertical depth of approximately 185m below surface, with results including:

 

Hole ID

 

From (m)

 

To (m)

Length
(m)

True
Thickness
Estimated
(m)

 

Ni %

 

Cu %

 

Co ppm

 

NiEq %*

RBD001

45

51

6

5.9

0.95

0.75

601

1.42

RBD002

70

82

12

8.9

1.42

0.55

929

1.82

RBD003

114

118

4

2.3

0.70

0.66

484

1.10

RBD004

118.29

124.26

5.97

5.6

1.92

1.52

1198

2.86

RBD009

60

65.39

5.39

5.3

2.04

0.56

1110

2.46

RBD018

100

102

2

1.4

1.54

0.93

815

2.13

Refer to the Company's Technical Report here for all historic drill results.
*NiEq (% nickel equivalent) based on US$19,000/t Ni, US$9,000/t Cu, US$32,000/t Co, using the formula Ni% + (0.524 x Cu%) + ((1.22 x 10-4) x Co ppm). Equal Recovery Assumed.

The Company plans to test this compelling target in the next round of drilling.

Qualified Person

J. Patricio Varas, P.Geo., a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and also the Company's President and Director, has read and approved all technical and scientific information contained in this news release.

About Winshear Metals Corp

Winshear Metals Corp. is a Canadian-based minerals exploration company with a nickel-copper-cobalt project in Scotland (the Portsoy Project) and gold / critical minerals project in Ontario (the Thunder Bay Project).
For more information, please contact Irene Dorsman at +1 (604) 200 7874 or visit www.winshear.com

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