ALBRIGHT METALS LTD — Capital/Financing Update 2026

Mar 23, 2026

A S X A N N O U N C E M E N T

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24 MARCH 2026

Antimony Drilling Recommences at Golden Pike Project

HIGHLIGHTS

• Exploration drilling for antimony has recommenced at the Golden Pike Project.

• Drilling is planned for 3 holes for up to 460 metres.

• Exploration program targeting high-grade antimony veins within interpreted fault structures.

Albright Metals Limited (“Albright Metals” or “the Company”) is pleased to advise that drilling has recommenced at the Bond Road and Albright Brook antimony prospects at the Company’s Golden Pike Project in New Brunswick, Canada.

CEO, Greg Hill comments, “I am very excited to be able to complete our first antimony exploration program. Drilling was suspended in January due to heavy rain impeding work on site. With the weather now more stable we have secured a rig slot to finish this drilling program.”

The total antimony exploration program includes five planned holes at the Bond Road Antimony Prospect, where numerous surface boulders and soil samples have returned assay results of up to 57% antimony[1] . The planned program also includes two follow up holes at the Albright Brook prospect where previous drill holes DPA-16-01 intercepted 12.5% Sb over 0.5m from 76.5m, and DPA-16-03 intercepted 4.74% Sb over 0.3m from 17.7m down hole.[2]

Partial completion of the antimony exploration diamond core drilling was achieved during January 2026,[3] with a pause in activities required due to unseasonal heavy rain in the area impeding operations.

The drilling contractor has now mobilised to the Bond Road prospect and recommenced drilling of planned holes. The rig will move to the Albright Brook antimony prospect after completion at Bond Road.

The locations of the Bond Road Antimony Prospect and Albright Brook Antimony Prospect, in addition to the Vail Road Gold Deposit and other prospects within the Golden Pike Project mineral claims MC7616 in New Brunswick, Canada is shown in

1 See ASX announcement 6 October 2025 ‘Highest Grade Antimony Rock Chip Samples Retrieved to Date’

2 See ASX announcement 16 July 2025 ‘Due Diligence Highlights Antimony at Golden Pike’

3 See ASX announcement 8 January 2026 ‘Antimony Drilling Program Commenced’

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Albright Metals Limited Phone : +61 8 9321 0001 ASX : ABR 191B Carr Place Email: info@albrightmetals.com ABN : 59 616 795 245 Leederville, WA 6007

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Figure 1 below. The image has Government of New Brunswick Natural Resources’ geological mapping overlain on high quality topographic data, also collected and provided as open-source Geographic Information System (GIS) data by the New Brunswick government.

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Figure 1: Golden Pike Project Location and Prospect Map

Sampling of drill core from the program has commenced, with initial assay results expected within eight weeks.

For further information, please contact:

Greg Hill

Chief Executive Officer

+61 8 9321 0001

albrightmetals.com

This announcement has been produced in accordance with the Company's published continuous disclosure policy and has been approved by the Board.

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ABOUT ALBRIGHT METALS

Albright Metals’ current projects are located in Canada and Western Australia, both Tier One mining and exploration jurisdictions.

Albright Metals has executed an agreement with Globex Mining Enterprises Inc. (GMXTSX, GLBXF-OTCQX, G1MN-FSE) to acquire the Golden Pike Gold and Antimony Project in New Brunswick, Canada.[4] The project covers approximately 3,292ha of contiguous mining claims which includes the Vail Road high-grade gold deposit classified under NI 43-101,[5] and the exploration-stage Bond Road antimony prospect. The Golden Pike Project is in an area that is close to road, rail, port and grid power infrastructure. Southern New Brunswick is on the Canadian east coast, adjacent to Maine, USA. It enjoys a mild maritime climate, allowing year round exploration activities. The province has a mature mining services industry and has historically produced antimony and gold from multiple mines.

Albright Metals has a substantial $7M manganese joint venture on licences in the Bryah Basin with ASX listed OM Holdings Limited (ASX: OMH), with OMH having already spent over $4.5 million to earn-in to the Manganese Rights of the project.

Albright Metals holds a suite of mineral rights, including copper, nickel and gold, over the Gabanintha project, near Meekatharra,[ 6] which has a JORC 2012 Mineral Resource for Cu, Ni, Co and additional structural gold potential.

Albright Metals was formerly known as Bryah Resources, trading under the ASX code BYH.

COMPLIANCE STATEMENTS

The information in this announcement that relates to exploration results is based on information compiled by Ms Gemma Lee, who is a Member of the Australian Institute of Geoscientists (AIG) and is Principal Geologist for Albright Metals Limited. Ms Lee has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Ms Lee consents to the inclusion in this announcement of the matters based on her information in the form and context in which it appears.

Where the Company refers to Exploration Results in this announcement (referencing previous releases made to the ASX), the Company is not aware of any new information or data that materially affects the information included in the relevant market announcements.

FORWARD LOOKING STATEMENTS

This announcement may contain certain “forward-looking statements” which may not have been based solely on historical facts, but rather may be based on the Company’s current expectations about future events and results. Where the Company expresses or

4 See ASX announcement 11 July 2025 ‘Option Exercised to Acquire High-Grade Canadian Gold Project’

5 See ASX announcement 21 May 2025 ‘Acquisition of Advanced High-Grade Gold Project’

6 See ASX announcement 25 May 2022 ’36 Million Tonne Nickel-Copper-Cobalt Mineral Resource at Gabanintha’

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implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Readers should not place undue reliance on forward looking information. The Company does not undertake any obligation to release publicly any revisions to any “forward looking statement” to reflect events or circumstances after the date of this report, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

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