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Valhalla Metals Identifies Multiple Untested VTEM Conductive Targets at the Sun Project

Vancouver, British Columbia--(Newsfile Corp. - August 10, 2026) - Valhalla Metals Inc. (TSXV: VMXX) (OTCQB: VMXXF) ("Valhalla" or the "Company") is pleased to announce the identification of multiple untested airborne Versatile Time Domain Electromagnetic ("VTEM") conductive targets at its Sun project located in the Ambler Mining District, Northwest Alaska. The targets were generated through 3D conductivity inversion and advanced conductive plate modelling of the Company's airborne VTEM survey completed across the Sun property, which identified several large, highly conductive anomalies within the same volcanic-sedimentary package that hosts the Main Sun and SW Sun volcanogenic massive sulphide ("VMS") deposits - none of which have ever been drill-tested.