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Spartan Metals Joins Defense Industrial Base Consortium as It Advances U.S. Tungsten and Critical Minerals Portfolio

Spartan Metals (SPRMF) announced on September 3, 2026, that it has joined the Defense Industrial Base Consortium (DIBC) as it advances its U.S. tungsten and critical minerals portfolio.

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Spartan Metals (SPRMF) announced on September 3, 2026, that it has joined the Defense Industrial Base Consortium (DIBC) as it advances its U.S. tungsten and critical minerals portfolio.

The DIBC is a collaborative network of government, industry, academic and non-traditional participants focused on strengthening the U.S. defense industrial base. Spartan plans to use its membership to monitor consortium opportunities, explore collaboration pathways, and engage stakeholders involved in strategic and critical materials supply chains.

The company explicitly cautions that DIBC membership alone does not represent any grant, funding award, government contract, project approval, procurement decision, or endorsement by the DIBC or the U.S. Government, and there is no assurance any proposals, if submitted, will be selected or lead to agreements.

Spartan focuses on critical minerals projects in stable mining jurisdictions in the Western United States, targeting a portfolio that includes tungsten, rubidium, antimony, bismuth, and arsenic. The technical information in the release was reviewed and approved by President and CEO Brett R. Marsh, a qualified person under NI 43-101.

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Vancouver, British Columbia--(Newsfile Corp. - September 3, 2026) - Spartan Metals Corp. (TSXV: W) (OTCQB: SPRMF) (FSE: J03) ("Spartan" or the "Company"), an exploration and development company focused on tungsten and critical minerals in the western United States, is pleased to announce that it has joined the Defense Industrial Base Consortium ("DIBC").

The DIBC is a collaborative initiative focused on advancing secure, innovative, and resilient solutions for the nation's defense industrial base. As a member, Spartan looks forward to working with other DIBC partners to share best practices, contribute to research, and support the consortium's mission of strengthening national security through industrial collaboration.

Brett Marsh, Spartan's President and CEO, stated, "Joining the DIBC is a meaningful step for Spartan. Tungsten is critical to defense, aerospace, advanced manufacturing and industrial applications, and North America needs secure, allied supply. We've purposely built a portfolio that can satisfy those supply needs. We're excited to be a DIBC member and look forward to working with other DIBC partners."

DIBC Membership and U.S. Supply Chain Resilience

Spartan intends to use its DIBC membership to monitor relevant consortium opportunities, evaluate potential collaboration pathways, and engage with stakeholders focused on strategic and critical materials. DIBC membership provides Spartan with a platform to participate in an ecosystem that includes government, industry, academic and non-traditional members working across defense industrial base priorities.

The Company cautions that DIBC membership does not constitute a grant, funding award, government contract, project approval, procurement decision, or endorsement by the DIBC or the U.S. Government. There can be no assurance that Spartan will submit any proposal through the DIBC, that any proposal will be selected, or that any funding, contract, collaboration, award or other agreement will result from the Company's membership.

Qualified Person Statement

The technical information contained in this news release has been prepared under the supervision of, and approved by Brett R. Marsh, CPG. Mr. Marsh is President and CEO of Spartan Metals Corp. and a "qualified person" as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Spartan Metals Corp.

Spartan Metals is focused on developing critical minerals projects in well-established and stable mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic.

More information about Spartan Metals can be found at www.SpartanMetals.com

On behalf of the Board of Spartan
"Brett Marsh"
President, CEO & Director

Further Information:
Brett Marsh, M.Sc., MBA, CPG
President, CEO & Director
1-888-535-0325
info@spartanmetals.com

Jeff Walker
VP, The Howard Group
403-221-0915
jeff@howardgroupinc.com

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

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-Looking Information in this news release, Spartan has applied several material assumptions, including, but not limited to, assumptions that: the current objectives concerning the Company's projects can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies; competition; the ability of the Company to obtain and retain all applicable regulatory and other approvals and other assumptions, risks and uncertainties.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312625

FAQ

What did Spartan Metals (SPRMF) announce regarding the Defense Industrial Base Consortium?

Spartan Metals announced that it has joined the Defense Industrial Base Consortium (DIBC). Membership gives the company a platform to engage with government, industry, academic and non-traditional members on defense industrial base priorities related to strategic and critical materials.

How does Spartan Metals plan to use its DIBC membership?

Spartan Metals plans to use its DIBC membership to monitor relevant consortium opportunities, evaluate potential collaboration pathways, and engage with stakeholders focused on strategic and critical materials supply chains, particularly in areas where tungsten and other critical minerals support defense and industrial needs.

Does DIBC membership give Spartan Metals (SPRMF) government funding or contracts?

No. The company cautions that DIBC membership does not constitute any grant, funding award, government contract, project approval, procurement decision, or endorsement by the DIBC or the U.S. Government, and there is no assurance that any proposals will be selected or result in agreements.

Which critical minerals does Spartan Metals focus on in its U.S. portfolio?

Spartan Metals focuses on critical minerals projects in the Western United States, emphasizing a diverse portfolio of strategic defense minerals such as tungsten, rubidium, antimony, bismuth, and arsenic in well-established and stable mining jurisdictions.

Who is the qualified person for Spartan Metals’ technical information in this announcement?

The technical information in the announcement was prepared under the supervision of and approved by Brett R. Marsh, CPG, who is President and CEO of Spartan Metals and a “qualified person” as defined under National Instrument 43-101 for mineral projects.