19 May 2026

URU Metals Limited

("URU" or the "Company")

Completion of Ground-Based Electromagnetic Survey

URU Metals Limited ("URU" or the "Company") is pleased to announce that the fieldwork component of the ground-based frequency-domain electromagnetic ("FDEM") survey at the Zeb Nickel Project ("Project") has now been completed.

The survey forms part of the Company's ongoing geophysical programme designed to refine and prioritise drill targets associated with the interpreted magmatic conduit system and potential semi-massive to massive nickel sulphide mineralisation.

The Company is now awaiting the final processing, interpretation, and integration of the ground-based gravity and FDEM data with the previously completed airborne gravity, magnetic, and Spectrem electromagnetic datasets.

The combined interpretation is expected to:

·    Further refine conductive and dense anomaly targets;

·    Improve understanding of the geometry and continuity of prospective mineralised zones;

·    Identify and prioritise the most prospective locations for the upcoming drilling programme.

The final interpretation will include recommendations on the highest-priority drill targets based on the combined airborne and ground-based geophysical datasets.

CEO John Zorbas commented:

"We are pleased to have completed the ground-based FDEM survey, marking another important milestone in the advancement of the Zeb Nickel Project. The integration of the ground-based gravity and FDEM results with the airborne datasets is expected to significantly enhance our understanding of the identified anomalies and help define the best locations for drill testing."

"We are very excited about the progress being made and are looking forward to the upcoming drilling campaign. We will continue to update shareholders as the final interpretations are completed and drill targets are prioritised."

About the Company

URU Metals is a mineral exploration and development company focused on advancing high-potential critical metals projects in South Africa. The Company is committed to creating sustainable value through responsible mining practices, regulatory compliance, and active stakeholder engagement. For more information, visit www.urumetals.com

For further information, please contact:

URU Metals Limited

John Zorbas

(Chief Executive Officer)

+1 416 504 3978

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

Ewan Leggat / Caroline Rowe         + 44 (0) 203 470 0470