VANCOUVER, British Columbia, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Leviathan Metals Corp. (the "Company" or "Leviathan") (LVX - TSXV, LVXFF - OTCQB, 0GP - FSE) today provides a recap of its key achievements in 2025 and an outline of its plans for continued growth and exploration success in 2026, including drilling in both Botswana and Bosnia.
Our pivotal move last year was without a doubt the acquisition of Cura Exploration Botswana Corp. Through this transaction, Leviathan proudly took 100% ownership of an outstanding land position on the Kalahari Copper Belt - the KCB in Botswana. The leading asset in this portfolio is the Central Project, located immediately south of MMG Limited's world class Khoemacau cluster in a comparable geological setting.
All known copper deposits on the KCB occur at the so-called "DKF-NPF contact", most particularly where this contact is folded into structural "domes." Central hosts the next such dome south of Khoemacau, a feature that has never been drill tested on the property. Thanks to recent improvements in geophysical data acquisition and interpretation, the identification of such high order targets on the KCB has only recently arrived within reach of exploration companies. Central thus provides Leviathan with an unparalleled opportunity to make a Tier 1 copper discovery in an under-explored mineral belt of world-class significance. With an airborne survey planned at Central, our geoscientific team shortly anticipates being in receipt of additional high-quality, high-resolution data with which to plan our maiden drilling campaign at the property - for which Leviathan is funded, and for which all of the necessary permits are in hand.
With the Cura acquisition also comes an expansive Botswana uranium portfolio at which we also expect to advance exploration in 2026. The principal asset in our uranium holdings is the Serule project - and neighbouring tenure - which adjoins and falls immediately down-dip of Lotus Resources Limited's Lethlakane project, acquired by Lotus in 2023 in a AUD 64 million merger transaction. Previous drilling at the property in 2023 identified a 4 kilometer wide mineralized tabular sandstone unit.
Just as noteworthy is the closing of our acquisition of Foca Metals Corp in Bosnia and Herzegovina, via which Leviathan secured 100% ownership in the Foca Project. The Foca Project comprises a land package in excess of 100 square kilometers within the greatly underexplored Central Dinaride zone of the Western Tethyan belt - also host to Dundee Precious Metals' high-grade Vareš project to the North of the Foca Project and the Trepca Mines complex in Kosovo to its south. Despite this proven prospectivity, the Foca area has seen little modern exploration, with Yugoslav-era drilling at the property suggesting potentially significant untapped mineral endowment (as previously reported on February 10, 2025, historic intercepts averaging 15 meters at 13.25% Pb+Zn), together with recent high-grade rock chips and continuous soil anomalism extending over 2 kilometers.
Leviathan's initial programs at the Foca Project are exposing near-surface targets along key fault structures, with induced polarization geophysics planned to vector toward drillable targets, for which Leviathan is fully permitted. Bosnia and Herzegovina offers a compelling exploration setting: low-cost operations, a supportive government in the sub entity of Republika Srpska, and a legacy of mining that dates back centuries. As pioneers in this "open for discovery" belt, the Foca Project positions Leviathan to uncover a significant silver-base metal deposit.
Finally, with discussions advancing with potential partners, the staged disposal of Leviathan's Australian assets is anticipated in the near to mid-term.
Looking ahead, 2026 is poised to be a year of strong momentum for Leviathan. The Company's solid balance sheet, exceptional property portfolio, and team's deep expertise in Kalahari and Balkan mineral systems and operating environments create a strong foundation for success.
About Leviathan Metals Corp.
Leviathan Metals Corp. is a Canadian-based mineral exploration company listed on the TSXV (LVX), OTCQB (LVXFF) and Germany (0GP).
On Behalf of the Board of Directors,
Luke Norman
Chief Executive Officer & Director
For further information, please visit the Company website www.leviathanmetals.com, the Company's profile on SEDAR+ at www.sedarplus.com, or contact:
Investor Relations
Toll Free: 1(833) 923-3334
Email: info@leviathanmetals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approval or disapproved of the contents of this press release.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release, including but not limited to statements regarding proposed work programs and timing of such programs, quality of the mineral portfolio and the jurisdictions in which we operate, continued growth and exploration success, sufficiency of funds for planned and expected activities and operations, results of exploration, costs of exploration, support of host countries and governments and prospectivity of mineral assets. They are not guarantees of future performance. Leviathan cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond Leviathan's control. Such factors include, among other things: risks and uncertainties relating to whether exploration activities of the Company's properties will result in commercially viable quantities of mineralized materials; the possibility of changes to project parameters as plans continue to be refined; the ability to execute planned exploration and future drilling programs; the ability to obtain qualified workers, financing, permits, approvals, and equipment in a timely manner or at all and on reasonable terms; changes in the commodity and securities markets; non-performance by contractual counterparties; and general business and economic conditions. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Although Leviathan has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. Consequently, undue reliance should not be placed on such forward-looking statements. In addition, all forward-looking statements in this press release are given as of the date hereof. Leviathan disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws. The forward-looking statements contained herein are expressly qualified by this disclaimer.
