Viridian Announces Initial Exploration Target at Kraken Main Zone

TORONTO, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Viridian Metals Inc. (“Viridian” or the “Company”) is pleased to announce an Exploration Target of 41 to 61 million tonnes grading 0.35% to 0.52% copper equivalent (“CuEq”) at Kraken Main, part of the Company’s 100%-owned Kraken copper-nickel-cobalt project in Labrador. The potential quantity and grade an Exploration Target are conceptual in nature. There has been insufficient exploration to define a Mineral Resource, and it is uncertain if further exploration will result in the Exploration Target being delineated as a Mineral Resource.