KIPLIN METALS IDENTIFIES HIGH-PRIORITY URANIUM DRILL TARGET AT LLOYD LAKE PROJECT IN ATHABASCA BASIN, SAKSATCHEWAN

VANCOUVER, BC, Sept. 23, 2026 /CNW/ -- Kiplin Metals Inc. (TSXV: KIP) (FWB: 17G1) ("Kiplin" or the "Company") is pleased to report it has identified a high-priority drill target following integration of recent MT survey data (see press release dated June 25, 2026) with historic datasets at its wholly-owned Lloyd Lake Uranium Project, just south of the Athabasca Basin.

The 2026 Mobile MTsurvey identified a multi-kilometer resistive anomaly situated within a northeast-trending magnetic-low feature. The resistive anomaly, which extends to a depth of approximately 500 metres into the basement, is coincident with a series of northeast-trending electromagnetic (EM) conductors identified by a 2013 VTEM survey conducted by the Athabasca Nuclear Syndicate.

The Company has ranked this target zone (TZ-1) as a "high-priority" exploration target, as the coincident resistive, magnetic, and conductive features represent a classic basement-hosted signature for uranium exploration in the Athabasca Basin (see Figure 1).

TZ-1 is further supported by results from historical ground exploration and geochemical sampling. Both radon gas surveys and lake-sediment sampling programs have identified anomalous uranium within the target area, providing additional evidence of a prospective uranium-bearing system.

About the Lloyd Lake Project

The Lloyd Lake Uranium Project spans 6,177 hectares and is situated 27 kilometers south of the southern boundary of the Athabasca Basin. The project has undergone extensive exploration programs, most notably in 2022, with investigations including sediment sampling, airborne magnetics, and ground IP surveys. The key exploration zone is an 8-kilometre corridor characterized by a magnetic low which aligns with a structural break, a locale where anomalous radioactivity has been detected. Access to the project is optimal, facilitated by a provincial highway and well-maintained roads and trails.

Qualified Person

Dr. Peter Born, PGeo, a director of the Company, is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery to production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.

On behalf of the Board,
Kiplin Metals Inc.

"Rob Gamley"
Director, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

SOURCE Kiplin Metals Inc.

For further information, contact the Company at [email protected] or 604-689-7422 or visit the Company's website at www.kiplinmetals.com.