Fauro Property Delivers Multiple Multi-Ounce Gold Assay Hits

Fauro Property Delivers Multiple Multi-Ounce Gold Assay Hits

Sankamap Metals Inc. (CSE: SCU) ("Sankamap" or the "Company") is pleased to announce assay results from its Oceania Project on the Fauro Property. The preliminary exploration program on Fauro's 24,000-hectare ("Ha") property located in the Shortland Islands, Western Province, Solomon Islands, included grab samples during a November 2025 site visit. These samples returned multiple high-grade gold (Au) and silver (Ag) results at the Meriguna Target, including up to 116 grams per tonne (gt) Au and 87.5 gt Ag.

CEO, John Florek, commented:

"Once again, our work at the Fauro Property has delivered very high-grade results. At Meriguna, about 2.5 kilometres north of the Kiovakse target, which previously returned exceptional gold and copper values (see press release dated July 16, 2025), we continue to see compelling evidence of a robust mineralized system.

The scale of mineralization and the strength of the grades encountered across the property underscore its significant discovery potential. Importantly, multiple analogous geophysical signatures along the rim of the caldera remain untested, providing substantial upside as we advance our exploration program."

Highlights

  • Meriguna returned several high-grade gold values, of up to 116 g/t Au, and an average grade of 16.4 g/t Au across all rock samples.
  • Silver values show a strong correlation with gold, returning assays of up to 87.5 g/t Ag.
  • Visible gold was identified throughout the property in surface alluvial workings from local artisanal miners at the Meriguna Prospect.
  • Meriguna and the Kiovakse target demonstrate strongly comparable alteration and mineralized signatures highlighting the potential scale and continuity of mineralization across the area.
  • The team is advancing and refining mineralized zones to generate high-priority drill target.
  • A phased 2026 exploration program will continue systematic sampling to validate historical results, followed by targeted geophysical surveys. All data will be integrated to design a focused drill program aimed at confirming historical intersections and testing extensions of mineralization that remain open at depth and along strike.

Discussion of Results

The Meriguna target at the Fauro Property continues to deliver highly encouraging results and is located approximately 2.5 km from the Kiovakse target, highlighting the broader prospectivity of the area. The November 2025 site visit successfully validated historical data while generating new geological vectors to refine and prioritize future drill planning. As summarized in the accompanying table (see Table 1), surface sampling returned multiple high-grade gold results, including exceptional assays of up to 116 g/t Au, underscoring the presence of a robust mineralizing system at Meriguna.

These high-grade gold values, together with consistently elevated gold, silver, and copper results from both the Meriguna and nearby Kiovakse targets, underscore the effectiveness of the Company's focused and systematic exploration strategy. Collectively, the results support the presence of a strong epithermal system and continue to advance multiple high-priority targets across the Fauro Property.

Table of Results

Sample
ID
Year Au (g/t) Ag (g/t)
D09101 2025 1.09 <0.5
D09104 2025 2.47 0.6
D09105 2025 1.39 28.2
D09106 2025 13.4 23.3
D09107 2025 4.7 45.3
D09108 2025 0.84 8.5
D09109 2025 0.97 7.5
D09110 2025 3.08 7.9
D09111 2025 7.83 21.4
D09112 2025 81.1 37
D09113 2025 116.0 87.5
D09114 2025 2.09 4.5
D09115 2025 10.5 43.2
Table 1: Select rock samples and assay results collected over the Meriguna Target Area in November, 2025.

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Figure 1: Fauro tenement boundaries with magnetic overlay and target area locations.

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Figure 2: Fauro Property-Meriguna target illustrating historical trench highlights with new sample locations from November, 2025 sampling

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Figure 3: Selected rock samples from Meriguna target, Fauro.

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Property Description

The Fauro Property is strategically located along a regional Cu-Au trend hosting major deposits, including Lihir and Panguna1. Fauro shares key tectonic and geological features with these deposits and lies within a largely underexplored region.

1Lihir containing 71 Moz Au:

Proven and Probable: 310 Mt containing 23 Moz Au at 2.3 g/t
Indicated: 520 Mt containing 39 Moz Au at 2.3 g/t
Measured: 81 Mt containing 5 Moz Au at 1.9 g/t
Inferred: 61 Mt containing 4.9 Moz Au at 2.3 g/t

Panguna containing 19.3 Moz Au + 5.3 Mt Cu:

Indicated: 1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3%
Inferred: 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu

Next Steps at the Property - 2026 Exploration

Historical drilling, surface sampling, and geophysical work at the Fauro Property have highlighted multiple near-surface epithermal gold systems. Recent rock sampling at the Meriguna Target has confirmed significant surface gold mineralization.

A phased 2026 exploration program will continue systematic sampling to validate historical results, followed by targeted geophysical surveys as warranted. All data will be integrated to design a focused drill program aimed at confirming historical intersections and testing extensions of mineralization that remain open at depth and along strike.

Quality Assurance and Control Procedures

Sample preparation and analysis was completed at the Brisbane, Australia ALS Global Facility accredited by the National Association of Testing Authorities (NATA) and compliant with international standards ISO/IEC 17025. Samples were analyzed using Four acid digestion methods on 34 elements: HF-HNO3-HCIO4 acid digestion, HCL leach and ACP-AES. Gold was analyzed using the Fire Assay technique with a 50g sample under the ALS code Au-AA26. A secure chain of custody procedure was maintained in storing and transporting samples. Sankamap uses industry standards for collecting samples taken on the Fauro property, internal quality assurance and quality control (QAQC) procedures were followed by ALS.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company's fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newmont's Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap's Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au3; underscoring the area's significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au4. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au4, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au4, further underscoring the property's strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap's profile.

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS,

s/ "John Florek"
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

Krystle Adair, VP Exploration
T: (778) 558-3635
E: krystlea@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283301

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Sankamap Metals (CSE:SCU)

Sankamap Metals

Drill-ready copper-gold discovery potential in the Pacific Ring of Fire

Drill-ready copper-gold discovery potential in the Pacific Ring of Fire Keep Reading...

Investor Insight

Sankamap Metals is advancing two 100 percent-owned, drill-ready copper-gold assets in the Solomon Islands, one of the last underexplored regions of the Pacific Ring of Fire. With active drilling underway at Kuma, multiple drill-ready targets at Fauro, and a leadership team that has collectively raised more than $1 billion, the company offers investors exposure to near-term discovery catalysts in a proven mineral belt.

Overview

Sankamap Metals (CSE:SCU) is a Canadian exploration company focused on advancing the Oceania Project, a copper-gold exploration portfolio located in the Solomon Islands. The company controls two 100 percent-owned assets, Kuma and Fauro, situated within one of the last underexplored regions of the Pacific Ring of Fire, a globally significant belt known for hosting major porphyry and epithermal mineral deposits.

Sankamap Metals Oceania Project Location

The company’s projects are strategically positioned along the same regional mineral trend as world-class deposits, including Newmont’s 71.9 Moz Lihir gold mine. Despite the region’s demonstrated mineral endowment, large areas remain underexplored, creating an opportunity for new copper-gold discoveries.

Sankamap’s asset portfolio combines high-grade historical results with compelling large-scale exploration targets. Kuma hosts a kilometre-scale copper-gold anomaly and historical grab samples returning up to 11.7 percent copper and 13.5 g/t gold. Fauro hosts seven identified prospects and has delivered historical results including grab samples up to 173 g/t gold, trench results of 8 metres grading 27.95 g/t gold and drill intercepts including 35 metres at 2.08 g/t gold.

The company is led by an experienced management and technical team with extensive backgrounds across major and junior mining companies. Through the Metals Group platform, the leadership team has collectively raised more than $1 billion in public and private markets and is advancing a fully funded 2026 exploration program highlighted by active drilling at Kuma and planned exploration activities at Fauro.

Company Highlights

  • Two 100 percent owned drill-ready assets: The Oceania Project comprises the Kuma and Fauro copper-gold properties in the Solomon Islands.
  • Exceptional historical results: Exploration has returned values of up to 11.7 percent copper and 13.5 g/t gold at Kuma, 173 g/t gold at Fauro, and drill intercepts including 35 metres grading 2.08 g/t gold.
  • Located along a proven mineral trend: The projects are situated within the same regional copper-gold belt that hosts major deposits including Newmont’s 71.9 Moz Lihir gold mine.
  • One of the last underexplored Ring of Fire jurisdictions: The Solomon Islands, remains largely underexplored despite hosting geological characteristics associated with major porphyry and epithermal systems.
  • Large-scale discovery potential: Kuma hosts a kilometre-scale copper-gold anomaly and geophysical signatures consistent with porphyry-style mineralization, while Fauro contains seven identified prospects with multiple high-grade epithermal and porphyry-style targets.
  • Active 2026 exploration program: The inaugural drill campaign is underway at Kuma, with additional exploration planned at Fauro.
  • Experienced metals group leadership: Management and directors have collectively raised more than $1 billion and have a track record of building successful mining companies and generating shareholder returns.

Key Projects

The Oceania Project consists of the Kuma and Fauro properties, two 100 percent-owned copper-gold assets positioned within a highly prospective segment of the Pacific Ring of Fire. Together, the projects provide exposure to both porphyry copper-gold and epithermal gold mineralization styles in a region that remains significantly underexplored relative to its geological potential.

Sankamap Metals projects

Kuma Property

Sankamap Metals Kuma Property

The 43 square kilometre Kuma property is located approximately 37 kilometres southeast of Honiara on Guadalcanal Island and is considered a drill-ready porphyry target with potential for a large-scale mineralized system. Historical sampling returned values of up to 11.7 percent copper and 13.5 g/t gold, while exploration has defined a kilometre-scale copper-gold geochemical anomaly across the property.

Recent geophysical programs have identified resistive and conductive features consistent with porphyry-style mineralization and helped refine priority drill targets. Exploration has also identified a large alteration system and evidence of a potential porphyry copper-gold deposit that remains untested by drilling. The inaugural drill campaign is now underway, representing the first modern test of this highly prospective target.

Sankamap Metals Kuma Property Conceptual Model

Fauro Property

The 147 square kilometre Fauro property hosts a high-potential epithermal gold system with indications of a porphyry system at depth. Formed by the collapse of the Fauro calc-alkaline volcano, the property contains seven identified prospects, including three drill-ready targets and four additional exploration targets.

Historical exploration has produced significant gold results, including grab samples up to 173 g/t gold, trench results of 8 metres at 27.95 g/t gold, and drill intercepts of 35 metres at 2.08 g/t gold. Multiple targets, including Meriguna, Ballyorlo and Kiovakase, remain open for further exploration, while recent sampling returned values of up to 19.25 g/t gold and up to 4 percent copper, supporting the potential for both epithermal and porphyry-style mineralization.

Sankamap Metals Faur Property

With active exploration programs, multiple drill-ready targets, and exposure to one of the world’s most prospective yet underexplored copper-gold regions, the Oceania Project offers investors several near-term discovery opportunities.

Management Team

John Florek – Chief Executive Officer

John Florek is a professional geologist with more than 30 years of technical and senior management experience in the mining industry. He has worked with major mining companies including BHP, Placer Dome, Barrick, Teck, Detour Gold, Kirkland Lake Gold and Agnico Eagle, helping identify and advance projects from grassroots exploration through development. He currently serves on the board of McEwen Mining and is CEO, president and director of Emperor Metals.

John Williamson – Chairman, Co-Founder and Director

John Williamson is a professional geologist with more than 35 years of experience in the global mining sector. Founder of the Metals Group and more than 20 successful companies, he has raised over $1 billion through public and private markets and has established a strong track record of creating value and delivering shareholder returns.

Sean Mager – CFO and Director

Sean Mager brings more than 30 years of experience in the global mining industry, with expertise spanning corporate development, stakeholder relations, regulatory affairs, finance and operations. He is a co-founder of the Metals Group and has been involved in numerous successful mining ventures.

Krystle Adair – Vice President, Exploration

Krystle Adair is a professional geologist with more than 13 years of exploration experience across the Americas. She has managed exploration programs covering multiple deposit types in Canada, the United States and Peru and is a registered professional geologist in British Columbia.

Arthur Hannett – Director

Arthur Hannett is a professional engineer with more than 17 years of mining industry experience. He has worked with major operators including Placer Dome, Barrick, Glencore and Agnico Eagle and brings valuable regional experience as a national of Bougainville Island, Papua New Guinea.

Donald Marahare – Director

Donald Marahare is a seasoned legal professional with more than 20 years of experience in the Solomon Islands. As principal of DNS & Partners Law Firm, he has extensive expertise in civil litigation and commercial law and provides important local legal and governance insight to the company.

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