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Excalibur Metals Defines New Silver-Gold Soil Anomalies North of Spyglass Ridge

Vancouver, British Columbia--(Newsfile Corp. - August 11, 2026) - Excalibur Metals Corp. (TSXV: EXCL) (OTCQB: EXCBF) ("Excalibur" or the "Company") is pleased to announce results from expanded soil sampling north of the Spyglass Ridge Target ("Spyglass Ridge") at its Bellehelen Silver-Gold Project ("Bellehelen" or the "Project") in Nye County, Nevada. The results have outlined multiple silver-gold soil anomalies across an approximately one-kilometre-long corridor extending north from Spyglass Ridge, including the newly defined Zigs Target ("Zigs") and the extended Broken Cabin Target ("Broken Cabin") (see Figures 1 and 2 below).