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Torr Metals - Completes Surface Sampling at Kolos and Initiates Geophysical Surveys in Preparation for Drilling

May 6, 2026

Edmonton, Alberta, AB, May 6, 2026 – Torr Metals Inc. (“Torr” or the "Company") (TSX-V: TMET.V) is pleased to announce the completion of its 2026 surface geochemical sampling program across the Bertha – Bertha North and Kova target areas, two of four interpreted porphyry centres on the Company’s 332 km² Kolos Copper-Gold Project (Figure 1), ~35 km southwest of the city of Kamloops, British Columbia.

This work builds on the Company’s maiden Phase I drill program (2,733 m), which confirmed a newly identified, large-scale and long-lived hydrothermal native copper system with 68 mineralized intervals and oxidation extending to approximately 580 metres (m) vertical depth, and represents a key step toward advancing and refining targets for the interpreted porphyry source ahead of the fully-funded Phase II drill program.

The 2026 program was designed to evaluate lateral and depth extensions of mineralization at Bertha–Bertha North, while providing the first ever systematic coverage of the Kova target (Figure 1). A total of 521 soil samples and 50 rock grab samples were collected, with assays pending.

Field Observations Support Advancing Porphyry Source Model:

April 2026 field observations have further strengthened the Company’s evolving geological and geophysical model, which is focused on vectoring toward a potential porphyry source intrusion first identified in the Company’s April 15, 2026 news release.

  • Reconnaissance has confirmed mineralized monzonite and diorite intrusive outcrops at the drill-permitted Bertha North and Kova targets, spatially associated with strong magnetic and resistivity anomalies. These are interpreted as expressions of larger, untested intrusive sources that will be targeted in the Phase II drill program (up to 6,000 m), representing a key advancement from Phase I, where only peripheral dyke phases were encountered.
  • At Bertha North, mineralization coincides with strong magnetic responses, while historical data at Kova indicates a similar association; ongoing high-resolution magnetic surveys are expected to provide a modern dataset critical to resolving the geometry and extent of the underlying intrusive system.
  • Intrusive and surrounding volcanic rocks contain veining with pyrite ± chalcopyrite ± chalcocite ± bornite ± molybdenite mineralization, consistent with porphyry-style systems.
  • Increased vein density including stockwork veining has been observed within propylitic to phyllic altered volcanic and intrusive host rocks, consistent with peripheral to proximal porphyry environments.

Importantly, no modern surface geochemical data or high-resolution magnetic surveys exist over Kova, reinforcing the importance of the completed geochemical program as well as upcoming geophysical work to define the scale and geometry of the Kova system.

“Results from our 2026 field program continue to strengthen our confidence in the presence of at least two larger mineralized intrusive systems at Bertha North and Kova,” said Malcolm Dorsey, CEO. “Our maiden drill program confirmed an extensive, long-lived hydrothermal system and defined the structural controls and geometry of key lithologies, but largely within the peripheral footprint of a broader porphyry system. Building on that we are now systematically vectoring toward what was missing, the core or ‘heat engine’ of the system. Our integrated approach has allowed us to follow subtle geophysical signatures beneath cover and identify new surface mineralization within potential source intrusions.

Both Bertha North and Kova represent highly prospective source areas located at key intersections of northwest and north-northeast structural corridors. At Bertha North mineralization is localized along a picrite contact, already demonstrated at Bertha to concentrate native copper along-strike, providing a compelling combination of structural and lithological controls analogous to those observed at the New Afton deposit*, located approximately 27 km to the north-northeast. As we advance toward our fully-funded Phase II drill program, our focus is on refining and directly testing these potential source targets.”

Figure 1. Kolos Copper-Gold Project and Bertha Property outlined by regional vertical derivative magnetic geophysical survey with annotated target areas. Bertha - Bertha North, Kova, and Sonic occur along a two N-NE structural trends with high magnetic anomalies (pink) interpreted as intrusive complexes at key intersections following NW-trending fault structures, considered prime sites for porphyry emplacement.

Pre-Drill Geophysics to Define Intrusive Source Targets:

With geochemical sampling complete, the Company is advancing high-resolution drone magnetic surveys as a key step in refining drill targets ahead of Phase II drilling, followed by targeted induced polarization (IP) geophysical surveys.

  • Bertha North
  • Kova 
  • The newly defined Sonic Zone, located east of Highway 5 (subject to permitting for potential future drill testing)

The Sonic Zone represents a compelling new copper-gold porphyry target characterized by copper soil anomalies covering a footprint of 8 km2 and elevated copper values in rock samples (see February 3, 2026 news release), significantly expanding the exploration corridor along strike. While not currently included in the Phase II drill plan, the Company is advancing geophysical work to support potential future drilling, pending permitting.

The objective of the drone geophysical surveys is to:

  • Delineate magnetite-bearing intrusive bodies and zones of magnetite destruction associated with hydrothermal alteration
  • Map structural controls, including key fault intersections 
  • Provide datasets for 3D magnetic inversion modeling 
  • Generate high-confidence targets for follow-up ground induced polarization (IP) surveys

Structural Controls – A Potential Porphyry Setting:

The Kolos Project is situated within a highly prospective structural corridor defined by the intersection of north-northeast (N-NE) and northwest (NW) trending regional fault systems.

At the nearby New Afton deposit, a similar structural framework is observed, where subvertical north-northeast-trending fault zones act as primary controls on hypogene mineralization, while northwest-trending contacts and intrusive phases provide the lithologic and rheological architecture that focuses fluid flow and intrusion emplacement.

At Kolos, the intersection of these structural orientations is interpreted to play a potentially comparable role, where:

  • N-NE structures act as primary conduits (“fluid flow”) for mineralizing fluids 
  • NW-trending contacts, including picrite boundaries, provide favourable structural and geochemical traps 
  • Structural intersections creates zones of enhanced permeability that focus porphyry intrusion emplacement and sulphide mineralization

This structural setting is consistent with nearby major deposits, including the New Afton Mine and Ajax Deposit (Figure 1, Figure 2), located approximately 27 km and 25 km along two regional north-northeast trends from the Company’s Bertha North–Kova targets and Sonic Zone, respectively, underscoring the district-scale exploration potential of the Kolos Project* (Figure 2).

Figure 2. Southern Quesnel Trough with Torr Metals Kolos Copper (Cu) – Gold (Au) Project, locations of New Afton and Coeur Mining, and regional land positions.

*Information and comparisons disclosed on nearby properties is not necessarily indicative of precious or base metal endowment or assays on the Kolos Project.

1Gibraltar: Taseko Reserves and Resources Website Information, accessed August 21, 2025
2Highland Valley: Teck Mineral P&P, M&I, Inferred Resources Annual Information For February 23, 2022 (Teck.com)
3Copper Mountain: Mineral Reserves and Resources as of January 1, 2025. (hudbayminerals.com)
4Mount Polley: Imperial Metals P&P, M&I, Inferred Resources Reserves and Resources; Website Information, dated June, 2023 (www.imperialmetals.com)
5New Afton: NI 43-101 Technical Report. Effective Date December 31, 2024. (newgold.com)
6Ajax: Feasibility Study. as of February 19, 2016. (amemining.com)
7Weeks et al., 2003. The Brenda Mine in Porphyry Copper Deposits of the Calc-Alkalic Suite Paper 9 of the Porphyry Deposits of Northwestern Cordillera of North America, CIM Special Volume 46, pp 192-200
8Wells KW, Gray JG. 2020. NI 43-101 Technical Report on the Preliminary Copper Resource for the Southern Dump and 3060 Portal Dumps. Effective Date May 21, 2020. (nicolamining.com) 
9Rodriguez et al. 2025. Technical Report and Mineral Resource Estimate MPD Project British Columbia, Canada. Effective date December 9, 2025. (kodiakcoppercorp.com)


Torr Metals Announces Marketing Services Agreement

Torr Metals has engaged Pretium Communications Inc. (“Pretium”) to provide marketing services to the Company.

Pretium’s services will consist of strategic messaging and corporate communications. Pretium, based in Vernon, British Columbia, is a communications and media marketing company focused on helping public companies reach new investors and maintain relationships with shareholders using online strategies.

Pretium has been retained for an initial period of seven months commencing on April 30, 2026. In consideration of the services provided by Pretium, the Company has agreed to pay $2,500 per month plus GST. No stock options or other securities will be granted to Pretium as part of this engagement. Pretium and its principal and chief executive officer, Sherman Dahl, are at arm's length to the Company and currently own 250,000 shares. The engagement of Pretium remains subject to acceptance by the TSX Venture Exchange.

Qualified Person

The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., a consultant to the Company who is a non independent qualified person defined under National Instrument 43-101.

About Torr Metals

Torr Metals, headquartered in Edmonton, AB, is focused on unlocking new copper and gold discovery potential within proven, highly accessible mining districts across Canada, areas with both established infrastructure and a growing need for near-term feed. Torr's 100%-owned, district-scale assets are strategically located for cost-effective, year-round exploration and development. The 275 km² Kolos Copper-Gold Project and strategically option 57 km2 Bertha Property, situated in southern British Columbia's prolific Quesnel Terrane, lies just 30 km southeast of the Highland Valley Copper Mine, Canada's largest open-pit copper operation, and 40 km south of the city of Kamloops directly along Highway 5. In northern Ontario, the 261 km² Filion Gold Project covers a virtually unexplored greenstone belt with high-grade orogenic gold potential. It sits just off the Trans-Canada Highway 11, approximately 42 km from Kapuskasing and 202 km by road from the Timmins mining camp, home to world-class operations like Hollinger, McIntyre, and Dome. To learn more, visit Torr Metals online or view company documents via SEDAR+ at www.sedarplus.com.

On behalf of the Board of Directors
Torr Metals Inc.

"Malcolm Dorsey"

Malcolm Dorsey
President, CEO and Director

For further information:
Malcolm Dorsey
Telephone: 236-982-4300
Email: malcolmd@torrmetals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Statement Regarding Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company's recently completed financings, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis which is available on the Company's profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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