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"AuMEGA Metals Ltd, a junior firm established in 2016, specializes in mineral exploration and mining operations within Canada. The company primarily targets gold deposits, with its key assets being the Cape Ray gold project and the Hermitage project, both situated in Newfoundland, Canada. Formerly known as Matador Mining Limited, the company adopted its current name, AuMEGA Metals Ltd, in June 2024. Its corporate headquarters are located in Osborne Park, Australia."

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Inaugural diamond drilling begins at the Isle aux Morts Granite and Cape Ray West, testing never-before-drilled targets along the Cape Ray Shear Zone Edmonton, Alberta--(Newsfile Corp. - July 28, 2026) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce that diamond drilling has commenced as part of the Company's 2026 exploration program at the Isle aux Morts Granite ("IAMG") and Cape Ray West along the Cape Ray Shear Zone ("CRSZ") in Newfoundland and Labrador, Canada. The initial phase of drilling will focus on priority targets associated with the IAMG and the adjoining Cape Ray West area, neither of which have previously been drilled (Figures 2 - 3).

AuMEGA Metals Ltd (ASX:AAM, TSX:AUM, OTCQB:AUMMF, FRA:FRA: MA30) has launched diamond drilling at the Isle aux Morts Granite and Cape Ray West in...