Surface Metals Unveils Exploration Potential at Cimarron Gold Project

Surface Metals Inc. has confirmed significant opportunities for mineral exploration at its Cimarron Gold Project located in Nye County, Nevada. As of November 25, 2025, the company completed an extensive compilation and review of historical drilling data, revealing that multiple mineralized zones remain open for exploration both along strike and at depth.

The review involved validating and digitizing a comprehensive historical drill database that includes 234 drill holes, amounting to approximately 18,066 metres of drilling. Notably, nearly 30% of these primarily shallow drill holes ended within mineralization, indicating strong potential for further expansion through deeper drilling efforts. Among the significant intercepts reported are results of 32.01 metres grading 2.23 g/t Au and 56.39 metres grading 0.52 g/t Au, which lie outside the boundaries of the estimated 50,000 ounces of gold resource. This estimate, referenced from a 1987 report by Budge Mining Ltd., is not compliant with National Instrument 43-101 guidelines and has not been verified by Surface Metals.

The exploration results indicate that the gold mineralization system at Cimarron is not fully tested, with indications that the three main isolated zones could merge at depth. The company’s cross-section analysis suggests continuity of mineralization between the West and East Zones, with gold mineralization extending below the current open-pit resource estimate outline.

Future Drilling Plans

Steve Hanson, President and CEO of Surface Metals, commented on the findings, stating, “Our review demonstrates that the gold system at Cimarron has not been fully tested. The combination of shallow historical drilling and open trends presents a compelling opportunity to expand the known gold mineralization.”

In response to these promising results, Surface Metals plans to initiate a maiden drill program in 2026. This program will target high-priority zones identified through 3D modeling of the historical drilling data. The primary goal is to enhance the historical resource estimate and progress the Cimarron Project toward economic viability for an open-pit, heap-leach operation.

The company’s broader strategy includes advancing its diversified portfolio of mineral projects in Nevada and Manitoba. In addition to the Cimarron Gold Project, Surface Metals is developing the Clayton Valley Lithium Brine Project, which hosts an inferred resource of approximately 302,900 tonnes of Lithium Carbonate Equivalent (LCE), located near Albemarle’s Silver Peak Mine.

The scientific and technical information disclosed in this report has been reviewed and approved by Douglas Murray, P.Geo., a qualified professional associated with Engineers and Geoscientists British Columbia.

As Surface Metals moves forward, the company remains aware of the inherent risks in mineral exploration, including fluctuations in metal prices, financing challenges, and environmental considerations. The insights gained from the historical drilling data will guide future exploration programs, with a focus on verifying the data through additional drilling efforts.

Surface Metals Inc. continues to position itself as a key player in the mineral exploration sector, actively pursuing opportunities that promise growth and development in both gold and lithium markets. For more information about the company and its projects, visit www.surfacemetals.com.