Valhalla Metals Inc. (TSXV: VMXX) (OTCQB: VMXXF) is excited about the recent announcement from the U.S. Department of the Interior regarding the opening of 2.1 million acres in Alaska's Dalton Corridor.
On February 20, 2026, the Department issued Public Land Order No. 7966, which opens approximately 2.1 million acres of public land in Alaska's Dalton Utility Corridor for mining and land entry under existing laws. This order revokes two prior withdrawals north of the Yukon River, namely Public Land Orders 5150 and 5180, thus enhancing opportunities for energy and mineral development.
Secretary of the Interior, Doug Burgum, remarked, "President Trump was clear - promises made are promises kept, and this decision is about unlocking opportunity for American Energy Dominance to lower costs for all American families." He further emphasized that by opening these lands, Alaska is empowered to develop energy, minerals, and infrastructure that enhance America's security and prosperity.
Alaska Governor Mike Dunleavy expressed appreciation, stating, "Today's action by Secretary Burgum is a milestone for Alaska's self-determination. I want to thank President Trump and Secretary Burgum for keeping promises made decades ago. Alaskans know what's best for Alaska, and revoking these Public Land Orders will empower our future on these lands."
The Dalton Corridor is significant as it includes the proposed route for the Ambler Access Road, a 211-mile industrial-use-only road that will cross Valhalla's mining claims at the Sun project. This road is crucial for accessing strategic metals in the Ambler Mining District, essential for the transition to green energy and securing domestic supply chains.
Rick Van Nieuwenhuyse, Chairman of Valhalla, stated, "Finally! The pipeline corridor was designated by the State over 50 years ago. It is fantastic news that Secretary Burgum and the Trump administration are fulfilling what the federal government was mandated to do years ago. We appreciate their recognition of Alaska's rights, which will streamline the development of the Ambler Mining District and unlock its mineral potential."
For further details, the full announcement from the Department of the Interior can be accessed here.
Valhalla Metals Inc. is focused on advancing its mineral projects towards feasibility. Its flagship project, the Sun copper-zinc-lead-gold-silver VMS project, is located in the Ambler Mining District, Northwest Alaska. The company also owns the Smucker project, another high-quality copper-zinc-lead-gold-silver VMS project in the same region. Valhalla trades on the TSX-V under the symbol VMXX and on the OTCQB as VMXXF. More information is available at www.valhallametals.com.
This release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, where the securities have not been registered under the U.S. Securities Act of 1933.
For inquiries, please contact: Sorin Posescu, Chief Executive Officer, Phone: 604-561-3194, Email: invest@valhallametals.com.
This news release contains forward-looking statements and information. Readers are cautioned not to place undue reliance on these statements, as actual results may differ due to various risks and uncertainties.