CONFIRMS ADDITIONAL LARGE EXPLORATION TARGETS FOR DRILL PERMITTING

CALGARY, AB / ACCESS Newswire / June 17, 2026 / CANEX Metals Inc. ("CANEX" or the "Company") is pleased to announce surface exploration results from a recent due diligence surface exploration program designed to verify historic work, identify new exploration targets, and support exploration permitting efforts currently in progress.

During the program 98 surface chip samples and 135 soil samples were collected focusing on large undrilled exploration targets located between the Cyclopic deposit and the WestGold target.

Highlights:

Rock and soil sampling results confirm multiple large mineralized targets that have never been drill tested