Blackstone Minerals is well-positioned to leverage a projected nickel supply deficit as it strives to become a vertically integrated producer of low-cost, low-carbon, battery-grade nickel. Key to this is Blackstone’s Ta Khoa project in Vietnam, an emerging hub for the electric vehicle market.
As the world moves closer to a sustainable net-zero future, the need for battery metals continues to mount and nickel may soon be among the metals to see a supply crunch. Though its roots are in the stainless steel sector, it's also a critical component of lithium-ion batteries.
Given that many nations are aiming to replace combustion vehicles with electric cars by 2030, the metal is already experiencing a massive spike in demand. Benchmark Minerals expects the need for battery-grade nickel will increase about 950 percent by 2040.
It's imperative to ramp up global nickel production but the resource sector, for its part, must do so with a much-reduced carbon footprint to influence the sustainability of the entire value chain. Blackstone Minerals (ASX:BSX,OTC:BLSTF,FRA:B9S) recognizes this. As a vertically integrated producer of low-cost, low-carbon nickel, the company aims to become a leading source of low CO2 emission nickel sulphide. Its flagship Ta Khoa project in Vietnam is representative of that goal.
Blackstone Minerals business structure schematic
With over 20 active mines and a burgeoning technology sector, Vietnam is on the road to becoming a hub of electric vehicle production and innovation, with low labor costs and regulated electricity pricing further driving its growth. Steadily increasing foreign direct investment in the region is indicative of this as the country seeks to attract $50 billion in new foreign investment by 2030.
Blackstone is uniquely positioned to take advantage of this, thanks to two factors. US President Joe Biden's Inflation Reduction Act, which came into force in August 2022, represents the largest investment into climate action in United States history. A similar initiative is rolling out in the European Union (EU), which maintains a Free Trade Agreement with Vietnam — something multiple partners of the company have expressed interest in.
Blackstone's Ta Khoa Project consists of two streams, the Ta Khoa Nickel Mine and the Ta Khoa Refinery. Recent milestones point to Blackstone’s commitment to advancing this game-changing project.
These milestones include a memorandum of understanding with Cavico Laos Mining to collaborate in a number of areas associated with CLM’s nickel mine in Lao People's Democratic Republic and supply of nickel products for Blackstone’s Ta Khoa Refinery in Vietnam.
Blackstone also partnered with Arca Climate Technologies to further investigate the carbon capture potential at the Ta Khoa Project through carbon mineralisation, and explore opportunities to utilise Arca’s carbon capture technologies within the project.
In a bid to collaborate on the supply of renewable wind energy to the Ta Khoa Project, Blackstone signed a direct power purchase agreement with Limes Renewables Energy.
Blackstone received AU$2.8 million as an advance from a research & development (R&D) lending fund backed by Asymmetric Innovation Finance and Fiftyone Capital. The advanced payment reflects the significant investment by Blackstone to develop the Ta Khoa Refinery process and Blackstone’s unique strategy to convert nickel concentrate blends into battery products in the form of precursor cathode active material (pCAM).
In December 2023, Blackstone entered into an option agreement with CaNickel Mining to acquire the Wabowden nickel projectlocated in the world-class Thompson Nickel Belt in Manitoba, Canada.
The Wabowden project will have the potential to fill the Ta Khoa Refinery, removing dependence on third party feed sources.
The company has signed a non-binding MOU with the Development for Resources Environmental Technology joint stock company (DRET) to investigate opportunities to repurpose and trade waste material (or residue) from the Ta Khoa Refinery into construction material products. Moreover, it has also progressed the Ta Khoa Refinery byproduct offtake strategy with Vietnam Chemical Group (VinaChem), PV Chemical and Equipment Corporation (PVChem) and Nam Phong Green Joint Stock Company (Nam Phong) to sell Ta Khoa Refinery byproducts, being manganese sulphate (or epsomite) and sodium sulphate.
As the company plans to build a global nickel business, Blackstone signed a non-binding memorandum of understanding with Yulho Co. Ltd (Yulho) and EN Plus Co. Ltd (EN Plus) to establish a collaboration across the businesses including EN Plus and Yulho who are in joint venture on the Ntaka Hill nickel sulphide project in Tanzania, and the Dinagat Island nickel laterite project in the Philippines.
Blackstone holds a 90 percent interest in the Ta Khoa Nickel-Copper-PGE Project, located 160 kilometers west of Hanoi in the Son La Province of Vietnam. It includes an existing modern nickel mine built to Australian Standards, which is currently under care and maintenance. The Ban Phuc nickel mine successfully operated as a mechanized underground nickel mine from 2013 to 2016.
Blackstone intends to complement the existing mine through the installation of a large concentrator, refinery and precursor facility, supporting integrated on-site production of nickel, cobalt and manganese precursor products for the Asia-Pacific market. One of Blackstone's key Research and Development objectives with Ta Khoa is to develop a flowsheet that will support this production.
To fulfill this goal, Blackstone is focusing on a partnership model, collaborating with groups committed to sustainable mining. It is also working to minimize its carbon footprint and implement a vertically integrated supply chain.
Hamish Halliday is a geologist with over 20 years of corporate and technical experience. He is also the founder of Adamus Resources Limited, an AU$3 million float that became a multimillion-ounce emerging gold producer.
Scott Williamson is a mining engineer with a commerce degree from the West Australian School of Mines and Curtin University. He has over 10 years of experience in technical and corporate roles in the mining and finance sectors.
Dr. Frank Bierlein is a geologist with 30 years of technical and corporate experience, focusing on grassroots to mine-stage mineral exploration, target generation, project management and oversight, due diligence studies, mineral prospectivity analysis, metallogenic framework studies and mineral resources market and investment analysis.
Alison Gaines has over 20 years of experience as a director in Australia and internationally. She has experience in the roles of board chair and board committee chair, particularly remuneration and nomination and governance committees. She is also the managing director of Gaines Advisory P/L and was recently global CEO of international search and board consulting firm Gerard Daniels, with a significant mining and energy practice.
Gaines has a Bachelor of Laws and a Bachelor of Arts (hons) from the University of Western Australia, a Graduate Diploma in Legal Practice from Australian National University and an honorary doctorate of the University and Master of Arts (Public Policy) from Murdoch University. She is a fellow of the Australian Institute of Company Directors and holds the INSEAD certificate in corporate governance. She is currently the governor of the College of Law Ltd, and non-executive director of Tura New Music.
Daniel Lougher’s career spans more than 40 years involving a range of exploration, feasibility, development, operations and corporate roles with Australian and international mining companies including a period of eighteen years spent in Africa with BHP Billiton, Impala Plats, Anglo American and Genmin. He was the managing director and chief executive officer of the successful Australian nickel miner Western Areas Ltd until its takeover by Independence Group.
Lougher also holds a first class mine manager’s certificate of competency (WA) and is a fellow of the Australasian Institute of Mining and Metallurgy (AusIMM). Lougher is the chair of the company’s technical committee and nomination committee.
Jamie Byrde has over 16 year's experience in corporate advisory, public and private company management since commencing his career with big four and mid-tier chartered accounting firms positions. Byrde specializes in financial management, ASX and ASIC compliance and corporate governance of mineral and resource focused public companies. He is also currently company secretary for Venture Minerals Limited.
Tessa Kutscher is an executive with more than 20 years of experience in working with C-Level executive teams in the fields of business strategy, business planning/optimisation and change management. After starting her career in Germany, she has worked internationally across different industries, such as mining, finance, tourism and tertiary education.
Kutscher holds a master’s degree in literature, linguistics and political science from the University of Bonn, Germany and a master’s degree in teaching from Ludwig Maximilian University of Munich.
Andrew Strickland is an experienced study and project manager, a fellow of the Australian Institute of Mining and Metallurgy, University of WA MBA graduate, with undergraduate degrees in chemical engineering and extractive metallurgy from Curtin and WASM.
Before joining Blackstone, Strickland was a senior study manager for GR Engineering Services where he was responsible for delivering a series of scoping, PFS and DFS studies for both Australian and international projects. Over his career, he has held a variety of project development roles across both junior to mid-tier developers (including Straits Resources, Perseus Mining and Tiger Resources) and major multi-operation producers (South32).
Graham Rigo is an experienced study manager with over a decade of on-site production experience, holding undergraduate degrees in chemical engineering and finance from Curtin University, WA.
Before joining Blackstone, Rigo was a study manager for Ausenco where he was responsible for delivering a series of scoping, PFS and DFS studies for both Australian and international projects over a range of different commodities.
Rigo has over 11 years of site experience in nickel and cobalt hydromet production experience, in supervisory/superintendent level roles as well as process engineer experience.
Lon Taranaki is an international mining professional with over 25 years of extensive experience in all aspects of resources and mining, feasibility, development and operations. Taranaki is a qualified process engineer from the University of Queensland Australia. He holds a Master of Business Administration, and is a fellow of the Australian Institute of Company Directors. Taranaki has established his career in Asia where he has successfully worked (and lived) across multiple jurisdictions and commodities ranging from technical, mine management and executive management roles.
Prior to joining Blackstone in February 2022, Taranaki was the chief executive officer of Minegenco, a renewable-energy-focused independent power producer. Preceding this, he was managing director of his private consultancy, AMG Mining Global, where he was providing services to the mining industry in Singapore, Guyana, Indonesia and Cambodia. Additionally, Taranaki has held various senior positions with Sakari Resources, PTT Asia Pacific Mining, Straits Resources, Sedgmans and BHP Coal.
Promising new source of low-carbon, battery-grade nickel
Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Metals & Mining Virtual Investor Conference to be held July 23 rd and 24 th .
ÂIndividual investors, institutional investors, advisors, and analysts are invited to attend.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1x1 meetings with management.
Â"We're pleased to bring together a diverse lineup of resource companies for this new edition of the Metals & Mining Virtual Investor Conference," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "From explorers to producers, these companies reflect the depth and global reach of today's metals and mining sector. This two-day event continues to be an effective platform for companies—whether OTCQX, OTCQB, OTCID, or exchange listed—to connect with investors and share their strategic vision in real time."
ÂÂ July 23 Â rd Â
Â|  Eastern  Time (ET)  |   Presentation  |  Ticker(s)  | Â
| Â 9:30 AM ET Â | ÂAndean Silver Ltd. | ÂÂ (OTCQX: ADSLF | ASX: ASL) Â | Â
| Â 10:00 AM ET Â | ÂG50 Corp. Limited | ÂÂ (OTCQB: GFTYF | ASX: G50) Â | Â
| Â 10:30 AM ET Â | ÂSilver Tiger Metals Inc. | ÂÂ (OTCQX: SLVTF | TSXV: SLVR) Â | Â
| Â 11:00 AM ET Â | ÂViva Gold Corp. | ÂÂ (OTCQB: VAUCF | TSXV: VAU) Â | Â
| Â 11:30 AM ET Â | ÂLiberty Gold Corp. | ÂÂ (OTCQX: LGDTF | TSX: LGD) Â | Â
| Â 12:00 PM ET Â | ÂUR-Energy Inc. | ÂÂ (NYSE American: URG | TSX: URE) Â | Â
| Â 12:30 PM ET Â | ÂArizona Sonoran Copper Company | ÂÂ (OTCQX: ASCUF | TSX: ASCU) Â | Â
| Â 1:00 PM ET Â | ÂNorthisle Copper & Gold Inc. | ÂÂ (OTCQX: NTCPF | TSXV: NCX) Â | Â
| Â 1:30 PM ET Â | ÂÂ Element79 Gold Corp. | ÂÂ (OTCQB: ELMGF | CSE: ELEM) Â | Â
| Â 2:00 PM ET Â | ÂRackla Metals Inc. | ÂÂ (TSXV: RAK) Â | Â
 Â
July 24 Â th Â
|  Eastern  Time (ET)  |   Presentation  |  Ticker(s)  | Â
| Â 11:00 AM ET Â | ÂHeliostar Metals Ltd. | ÂÂ (OTCQX: HSTXF | TSXV: HSTR) Â | Â
| Â 11:30 AM ET Â | ÂCamino Minerals Corp | ÂÂ (OTCID: CAMZF | TSXV: COR) Â | Â
| Â 12:00 PM ET Â | ÂWest Red Lake Gold Mines | ÂÂ (OTCQB: WRLGF | TSXV: WRLG) Â | Â
| Â 12:30 PM ET Â | ÂÂ Silver47 Exploration Corp. | ÂÂ (OTCQB: AAGAF | TSXV: AGA,OTC:AAGAF) | Â
| Â 1:30 PM ET Â | ÂAxcap Ventures Inc. | ÂÂ (OTCID: GARLF | CSE: AXCP) Â | Â
| Â 2:00 PM ET Â | ÂAbraSilver Resource Corp. | ÂÂ (OTCQX: ABBRF | TSX: ABRA) Â | Â
| Â 2:30 PM ET Â | ÂMyriad Uranium Corp. | ÂÂ (OTCQB: MYRUF | CSE: M) Â | Â
Â
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .
 About Virtual Investor Conferences  ®
ÂVirtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
ÂProviding a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
ÂÂ Media Contact: Â
OTC Markets Group Inc. +1 (212) 896-4428,  media@otcmarkets.com  Â
 Virtual Investor Conferences Contact: Â
John M. Viglotti
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OTC Markets Group
(212) 220-2221
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News Provided by GlobeNewswire via QuoteMedia
Visible gold found in first hole—assays are pending
Nuvau Minerals Inc. (TSXV: NMC) has launched its gold-focused exploration program at its Matagami Property where the first hole drilled intersected what appears to be an orogenic lode gold system close to the Bracemac McLeod Mine in Matagami. Assays are pending after Nuvau intersected visible gold in a structure intersected in the first hole.
"We are extremely encouraged by the success of the initial hole of our maiden gold focused diamond drill program on this 1,300 square kilometre land package," said Peter Van Alphen, Nuvau's CEO. "The footwall rock units where this new vein intercept occurs is in a largely untested part of the property, in an area not deemed favourable for base metal mineralization. In addition, this mineralized zone is located less than 25 metres from the mine access ramp at the permitted Bracemac McLeod Mine."
The steeply dipping, strong shear zone structure with quartz veining mineralized with pyrite and locally visible gold was intersected at a depth of approximately 200 metres below surface. Although it is within the footwall stratigraphy of the past-producing Bracemac McLeod mine, the area has seen very little drilling in the past as it was not of interest for VMS type exploration. Planning is underway for the follow up drilling which is expected to begin within the next two weeks.
Figure 1: Past producing Bracemac McLeod Mine and relative position of gold target drilled
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/259588_cc65433c14d5ab64_001full.jpg
Figure 2: Visible gold found in more than 30 gold chips identified in logging the core
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/259588_cc65433c14d5ab64_002full.jpg
The Matagami Property has hosted numerous base metal mines over the last 60 years. However previous owners never applied a gold-focused exploration program to this large-scale property even though it is strategically located in the Abitibi geological sub-province.
The Property is located in the Abitibi Region of Quebec, one of the world's most productive gold districts. It includes Canada's largest gold producing mine with the country's largest gold mineral reserves: the Detour Lake Mine. Detour Lake is owned by Agnico Eagle Mines Limited, located west of the Matagami Property. The Casa Berardi Mine, which has produced over 3 million ounces of gold, is also located to the just southwest of the Matagami Property. (See Figure 3, below.)
Figure 3: Property Location
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/259588_cc65433c14d5ab64_003full.jpg
Gold Exploration work: background
Since satisfying the spending requirement associated with the earn-in agreement with Glencore, Nuvau has begun working on unlocking the overlooked gold potential of this vast, 1,300 square kilometre Matagami property.
This work includes compilation of historic data, overburden till sampling, a detailed high-resolution drone airborne magnetic (MAG) survey, and now diamond drilling. The sonic (till) drill program discovered a significant gold grain anomaly in the central portion of the Property (see Nuvau Press Release, March 4, 2025) that will be subject to follow up drilling in the upcoming winter drill program. Compilation of historic data in the vicinity of the base metal mines on the main "mine trend" identified numerous areas where gold mineralization had been intersected, however no follow-up work was ever completed.
About Nuvau Minerals Inc.
Nuvau is a Canadian mining company focused on the Abitibi Region of mine-friendly Québec. Nuvau's principal asset is the Matagami Property that is host to significant existing processing infrastructure and multiple mineral deposits and is being acquired from Glencore.
Qualified Person and Quality Assurance
Bastien Fresia P. Geo. (Qc), Technical Services Director of Nuvau and a "qualified person" as is defined by National Instrument 43-101, has verified the scientific and technical data disclosed in this news release, and has otherwise reviewed and approved the scientific and technical information in this news release.
Drill core samples are sawn by staff technicians to create half core splits. One split is retained in the drill core box for archival purposes with a sample tag affixed at each sample interval and the other split is placed in a labelled plastic bag along with a corresponding sample number tag and placed in the shipment queue.
Quality control samples including blind certified reference material ("CRM"), blank material, and core duplicates are inserted at a frequency of 1 in every 20 samples and sample batches of up to 60 samples were then shipped directly by Nuvau personnel to the ALS Canada Ltd. preparation laboratory in Rouyn-Noranda, Québec.
All submitted core samples are crushed in full to 95 % passing less than 2 mm (ALS code CRU-32). A 1000-gram sample was then riffled split from the crushed material and pulverized to 90 % passing 75 μm (SPL-22 and PUL-32a). Pulps are shipped from the preparation laboratory to ALS Canada Ltd.'s analytical lab in North Vancouver, British Columbia, for assay.
Lead, silver, copper and zinc analyses were determined by ore grade four acid digestion with an inductively coupled plasma atomic emission spectroscopy ("ICP-AES") or atomic absorption spectroscopy ("AAS") finish (ALS codes Pb-OG62, Ag-OG62, Cu-OG62 and ZnOG62), whereas gold was determined by 50 g fire assay analysis with an AAS finish (code Au-AA23).
ALS Canada Ltd. is an accredited, independent commercial analytical firm registered to ISO/IEC 17025:2017 and ISO 9001:2015.
For further information please contact:
Nuvau Minerals Inc.
Peter van Alphen
President and CEO
Telephone: 416-525-6023
Email: pvanalphen@nuvauminerals.com
Cautionary Statements
This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends" "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning drill results relating to the Matagami Property, the results of the PEA, the potential of the Matagami Property, the timing and commencement of any production, the restart of the Bracemac-McLeod Mine, the completion of the earn-in of the Matagami Property and the timing and completion of any technical studies, feasibility studies or economic analyses. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami Property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, neither the Company nor Nuvau undertakes any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.
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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259588
News Provided by Newsfile via QuoteMedia
Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.
 Osisko Metals Chief Executive Officer Robert Wares commented: " These new results underscore the overall large-scale potential of mineralization at Gaspé Copper, with drill hole 1082 cutting 853 metres of continuous mineralization, including the bottom 424 metres being located immediately below and outside the 2024 MRE model. Furthermore, drill hole 1088 intersected new mineralization 80 metres southwest of the 2024 MRE model, emphasizing the excellent potential for increasing the size of the known deposit at depth and to the south. "
Significant new analytical results are presented below (see Table 1) and include 35 mineralized intercepts from ten drill holes. Infill intercepts are all located inside the 2024 Mineral Resource Estimate model ("MRE", see   November 14, 2024 news release  ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are all located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as "Both**"). Maps showing hole locations are available at www.osiskometals.com .
 
 
  Highlights:  Â
ÂÂ Table 1: Infill and Expansion Drilling Results Â
Â|  DDH No.  |  From (m)  |  To (m)  |  Length (m)  |  Cu %  |  Ag g/t  |  Mo %  |  CuEq*  |  Type  | Â
|  30-0974  |  6.0  |  301.5  |  295.5  |  0.29  |  1.88  |   |  0.30  |  Infill  | Â
|  And  |  322.5  |  673.5  |  351.0  |  0.20  |  1.72  |  0.017  |  0.27  |  Expansion  | Â
|  And  |  733.5  |  781.5  |  48.0  |  0.32  |  2.00  |   |  0.33  | ÂExpansion | Â
| Â 30-1082 Â | ÂÂ 21.0 Â | ÂÂ 69.0 Â | ÂÂ 48.0 Â | ÂÂ 0.19 Â | ÂÂ 1.46 Â | ÂÂ Â | ÂÂ 0.20 Â | ÂInfill | Â
|  And  |  112.0  |  259.5  |  147.5  |  0.19  |  1.86  |   |  0.20  |  Infill  | Â
|  And  |  286.5  |  1140.0  |  853.5  |  0.20  |  1.43  |  0.023  |  0.30  |  Both**  | Â
|  (including)  |  286.5  |  716.0  |  429.5  |  0.20  |  1.52  |  0.020  |  0.28  |  Infill  | Â
|  (including)  |  716.0  |  1140.0  |  424.0  |  0.21  |  1.33  |  0.026  |  0.32  |  Expansion  | Â
| Â 30-1083 Â | ÂÂ 65.0 Â | ÂÂ 101.0 Â | ÂÂ 36.0 Â | ÂÂ 0.22 Â | ÂÂ 1.78 Â | ÂÂ Â | ÂÂ 0.23 Â | ÂInfill | Â
|  And  |  138.0  |  174.0  |  36.0  |  0.15  |  1.66  |   |  0.16  | ÂInfill | Â
|  And  |  202.5  |  355.5  |  153.0  |  0.18  |  1.56  |  0.011  |  0.31  |  Infill  | Â
|  And  |  388.5  |  816.0  |  427.5  |  0.26  |  1.54  |  0.021  |  0.35  |  Both**  | Â
|  (including)  |  388.5  |  488.0  |  99.5  |  0.31  |  1.90  |  0.025  |  0.42  |  Infill  | Â
|  (including)  |  488.0  |  816.0  |  328.0  |  0.24  |  1.43  |  0.020  |  0.32  |  Expansion  | Â
|  And  |  846.0  |  900.0  |  55.5  |  0.16  |  1.34  |  0.006  |  0.19  | ÂExpansion | Â
| Â 30-1087 Â | ÂÂ 13.8 Â | ÂÂ 54.0 Â | ÂÂ 40.2 Â | ÂÂ 0.17 Â | ÂÂ 1.82 Â | ÂÂ Â | ÂÂ 0.18 Â | ÂInfill | Â
|  And  |  78.0  |  412.4  |  334.5  |  0.23  |  1.93  |  0.011  |  0.28  |  Infill  | Â
|  And  |  447.0  |  521.5  |  74.5  |  0.62  |  3.19  |  0.004  |  0.65  | ÂExpansion | Â
|  And  |  550.2  |  598.5  |  48.3  |  0.36  |  2.83  |  0.013  |  0.43  | ÂExpansion | Â
| Â 30-1088 Â | ÂÂ 69.0 Â | ÂÂ 111.0 Â | ÂÂ 42.0 Â | ÂÂ 0.32 Â | ÂÂ 2.20 Â | ÂÂ Â | ÂÂ 0.33 Â | ÂExpansion | Â
|  And  |  139.5  |  262.2  |  122.7  |  0.24  |  2.63  |   |  0.25  |  Expansion  | Â
|  And  |  445.0  |  524.3  |  79.5  |  0.31  |  2.19  |  0.005  |  0.34  | ÂExpansion | Â
| Â 30-1089 Â | ÂÂ 5.2 Â | ÂÂ 96.0 Â | ÂÂ 91.5 Â | ÂÂ 0.21 Â | ÂÂ 1.54 Â | ÂÂ Â | ÂÂ 0.22 Â | ÂInfill | Â
|  And  |  211.5  |  235.5  |  25.5  |  0.13  |  1.54  |  0.006  |  0.14  | ÂInfill | Â
|  And  |  268.5  |  294.0  |  27.0  |  0.16  |  1.54  |   |  0.14  | ÂInfill | Â
|  And  |  319.5  |  964.5  |  645.0  |  0.28  |  1.46  |  0.023  |  0.37  |  Both**  | Â
|  (including)  |  319.5  |  567.8  |  248.3  |  0.26  |  1.65  |  0.023  |  0.36  |  Infill  | Â
|  (including)  |  567.8  |  964.5  |  396.7  |  0.30  |  1.34  |  0.023  |  0.40  |  Expansion  | Â
| Â 30-1091 Â | ÂÂ 5.5 Â | ÂÂ 28.5 Â | ÂÂ 23.0 Â | ÂÂ 0.50 Â | ÂÂ 6.62 Â | ÂÂ Â | ÂÂ 0.54 Â | ÂInfill | Â
|  And  |  109.5  |  135.0  |  25.5  |  0.13  |  1.35  |   |  0.14  | ÂInfill | Â
|  And  |  169.5  |  379.5  |  210.0  |  0.21  |  2.10  |   |  0.22  |  Infill  | Â
|  And  |  408.0  |  446.0  |  38.0  |  0.22  |  1.50  |  0.013  |  0.28  | ÂExpansion | Â
|  And  |  540.4  |  583.0  |  42.6  |  1.14  |  5.86  |  0.009  |  1.20  | ÂExpansion | Â
|  30-1093  |  14.0  |  126.0  |  112.0  |  0.25  |  2.73  |   |  0.26  |  Infill  | Â
|  And  |  346.0  |  373.5  |  27.5  |  0.13  |  1.19  |   |  0.14  | ÂExpansion | Â
|  And  |  576.5  |  643.5  |  67.0  |  0.20  |  2.13  |   |  0.21  | ÂExpansion | Â
|  And  |  714.8  |  738.7  |  23.9  |  0.50  |  4.57  |   |  0.53  | ÂExpansion | Â
|  And  |  811.5  |  834.4  |  22.9  |  0.48  |  5.40  |   |  0.51  | ÂExpansion | Â
|  30-1094  |  8.0  |  235.5  |  227.5  |  0.26  |  2.11  |   |  0.27  |  Infill  | Â
|  And  |  268.5  |  325.5  |  57.0  |  0.13  |  1.33  |  0.020  |  0.21  | ÂInfill | Â
|  And  |  388.5  |  414.5  |  26.0  |  0.49  |  3.00  |  0.008  |  0.54  | ÂExpansion | Â
|  And  |  511.1  |  561.0  |  49.9  |  0.24  |  1.99  |   |  0.25  | ÂExpansion | Â
 * Please see explanatory notes below on copper equivalent values and Quality Assurance / Quality Control. Â
** "Both" indicates these drill holes have  contiguous shallower infill as well as deeper expansion intercepts. Â
 Discussion Â
ÂDrill hole 30-0974 was an extension of a shallow (300 m) hole drilled in 2019, located near the southwestern margin of the 2024 MRE model. It returned 295.5 metres averaging 0.29% Cu and 1.88 g/t Ag (infill) followed by a second intercept of 351.2 metres averaging 0.20% Cu and 1.72 g/t Ag (expansion) and a third deeper intercept of 48.0 metres averaging 0.32% Cu and 2.00 g/t Ag (expansion), extending mineralization to a vertical depth of 780 metres.
ÂDrill hole 30-1082, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 48.0 metres averaging 0.19% Cu and 1.46 g/t Ag (infill), followed by a second intercept of 147.5 metres averaging 0.19% Cu and 1.86 g/t Ag (infill), followed by a third deeper intercept of 853.5 metres averaging 0.20% Cu, 1.43 g/t Ag and 0.023% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 424.0 metres averaging 0.21% Cu, 1.33 g/t Ag and 0.026% Mo. This hole extends mineralization near the centre of the deposit to a vertical depth of 1140 metres.
ÂDrill hole 30-1083, located in the south-central part of the 2024 MRE model, intersected two short 36 metre-long mineralized zones followed by 153.0 metres averaging 0.18% Cu and 1.56 g/t Ag (infill), followed by a deeper intercept of 427.5 metres averaging 0.26% Cu, 1.54 g/t Ag and 0.021% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 328.0 metres averaging 0.24% Cu, 1.43 g/t Ag and 0.020% Mo. This was followed by a final intercept of 55.5 metres averaging 0.16% Cu and 1.34 g/t Ag. This hole extends mineralization to a vertical depth of 900 metres.
ÂDrill hole 30-1087, located in the south-central part of the 2024 MRE model, intersected a short 40 metre-long mineralized zone followed by 334.5 metres averaging 0.23% Cu, 1.93 g/t Ag and 0.011% Mo (infill). This was followed by 74.5 metres averaging 0.62% Cu and 3.19 g/t Ag and then by another 48.3 metres averaging 0.36% Cu and 2.83 g/t Ag (both expansion), extending mineralization to a vertical depth of 598 metres.
ÂDrill hole 30-1088, located 80 metres outside the southwestern limit of the 2024 MRE model, intersected 42.0 metres averaging 0.32% Cu and 2.20 g/t Ag followed by 122.7 metres averaging 0.24% Cu and 2.63 g/t Ag. A third intersection at depth comprised 79.5 metres averaging 0.31% Cu and 2.19 g/t Ag (all expansion). Previously undocumented mineralization in this sector reached a vertical depth of 524 metres.
ÂDrill hole 30-1089, located in the south-central part of the 2024 MRE model, intersected 91.5 metres averaging 0.21% Cu and 1.54 g/t Ag (infill), followed by two short 26 to 27 metre-long mineralized zones, followed by 645.0 metres averaging 0.28% Cu, 1.46 g/t Ag and 0.023% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 396.7 metres averaging 0.30% Cu, 1.34 g/t Ag and 0.023% Mo. This hole extends mineralization to a vertical depth of 965 metres.
ÂDrill hole 30-1091, located in the southeastern part of the 2024 MRE model, intersected two short 23 to 26 metre-long mineralized zones, followed by 210.0 metres averaging 0.21% Cu and 2.10 g/t Ag (infill). This was followed by 38.0 metres averaging 0.22% Cu and 1.50 g/t Ag and then by another 42.6 metres averaging 1.14% Cu and 5.86 g/t Ag (both expansion), extending mineralization to a vertical depth of 583 metres where the hole was stopped in an open stope of historical E Zone mining operations.
ÂDrill hole 30-1093, located near the southeastern margin of the 2024 MRE model, intersected 112.0 metres averaging 0.25% Cu and 2.73 g/t Ag (infill), followed by four short 23 to 67 metre-long mineralized zones (all expansion), which extended mineralization to a vertical depth of 834 metres.
ÂDrill hole 30-1094, located near the southern limit of the 2024 MRE model, intersected 227.5 metres averaging 0.26% Cu and 2.11 g/t Ag (infill), followed by 57.0 metres averaging 0.13% Cu and 1.33 g/t Ag (infill), followed by two short 26 to 50 metre-long mineralized zones (both expansion), which extended mineralization to a vertical depth of 561 metres.
ÂMineralization occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. At least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier prograde skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedded replacement mineralization, which is mostly stratigraphically controlled, dominates in the area of Needle Mountain, Needle East and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.
ÂThe 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization ( see   May 6, 2024 MRE press release  ). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category ( see   November 14, 2024 MRE press release  ).
ÂThe current drill program is designed to convert of the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively. The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in Q1 2026.
ÂAll holes are being drilled sub-vertically into the altered calcareous stratigraphy which dips 20 to 25 degrees to the north. The L1 (C Zone) and the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.
ÂÂ Table 2: Drill hole locations Â
Â|  DDH No.  |  Azimuth (°)  |  Dip (°)  |  Length (m)  |  UTM E  |  UTM N  |  Elevation  | Â
| 30-0974 | Â42 | Â-88 | Â501.0 | Â316178.9 | Â5425842.2 | Â585.3 | Â
| 30-1082 | Â0 | Â-90 | Â1161.0 | Â316097.0 | Â5426259.0 | Â754.8 | Â
| 30-1083 | Â0 | Â-90 | Â930.0 | Â316300.0 | Â5426004.9 | Â642.3 | Â
| 30-1087 | Â0 | Â-90 | Â770.5 | Â316411.0 | Â5425787.0 | Â583.7 | Â
| 30-1088 | Â0 | Â-90 | Â654.0 | Â316100.0 | Â5425613.0 | Â570.6 | Â
| 30-1089 | Â0 | Â-90 | Â1032.0 | Â316273.8 | Â5426098.5 | Â686.9 | Â
| 30-1091 | Â0 | Â-90 | Â583.0 | Â316500.0 | Â5425897.0 | Â608.1 | Â
| 30-1093 | Â0 | Â-90 | Â849.0 | Â316687.0 | Â5425707.0 | Â577.5 | Â
| 30-1094 | Â0 | Â-90 | Â720.0 | Â316178.9 | Â5425842.2 | Â720.0 | Â
  Â
Explanatory note regarding copper-equivalent grades  Â
 Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum and US$24/oz silver; 3) estimated recoveries of 92%, 70% and 70% for Cu, Mo and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7% and 75.0% for Cu, Mo and Ag respectively. Â
  Qualified Person  Â
 The scientific and technical content of this news release has been reviewed, prepared, and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Â
  Quality Assurance / Quality Control  Â
 Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 20 metres or less are reported unless indicating significantly higher grades . True widths are estimated at 90 – 92% of the reported core length intervals.
  Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.'s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the  ALS  Canada  Ltd.  facility  in  North  Vancouver,  BC.  All  samples  are  analyzed  by  four  acid  digestion followed by both ICP-AES and ICP-MS for Cu, Mo and Ag. Â
  About Osisko Metals  Â
  Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec  '  s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current   Indicated Mineral Resources of    824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq   (in compliance with NI 43-101). For more information, see Osisko Metals' November 14, 2024 news release entitled "Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper". Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec. Â
 In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada  '  s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of   Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq   (in compliance with NI 43-101). For more information, see Osisko Metals  '  June 25, 2024 news release entitled "Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq". The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads. Â
 For further information on this news release, visit   www.osiskometals.com   or contact: Â
 Don Njegovan, President
Email: info@osiskometals.com Â
Phone: (416) 500-4129
  Cautionary Statement on Forward-Looking Information  Â
 This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "potential", "feasibility", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company's trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America. Â
ÂÂ Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company's public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals' issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law. Â
ÂÂ Â Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Â Â
 Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b33977a-2c63-4bf2-9cdb-d5d703b082d3
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 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES . NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES / Â
ÂGroup Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FRA: 3GE)Â (" Group Eleven " or the " Company ") is pleased to announce that it has entered into an agreement with Cormark Securities Inc., as lead underwriter, on behalf of a syndicate of underwriters (collectively, the " Underwriters ") in connection with a "bought deal" private placement for aggregate gross proceeds of C$5 million (the " Offering ").
  
Â
The Offering will consist of the issuance and sale of 15,625,000 common shares of the Company (the " Common Shares ") at a price of C$0.32 per Common Share (the " Issue Price ").
ÂThe Company has granted the Underwriters an option, exercisable in whole or in part, at any time prior to closing of the Offering, to sell up to an additional 2,343,750 Common Shares at the Issue Price for additional gross proceeds of up to C$750,000 .
ÂThe Company intends to use the net proceeds from the Offering to expand the remaining funded exploration drill program at Ballywire from approximately 5,000m to approximately 25,000m , and for working capital and general corporate purposes, as described further in the Offering Document (as defined below).
ÂThe Common Shares will be offered pursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions , as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the " Listed Issuer Financing Exemption ") to purchasers in each of the provinces of Canada (other than the province of Quebec ). The Underwriters will also be entitled to offer the Common Shares for sale in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933 , as amended, and in certain other jurisdictions outside of Canada and the United States provided it is understood that no prospectus filing or comparable obligation, ongoing reporting requirement or requisite regulatory or governmental approval arises in such other jurisdictions. The Common Shares issued under the Offering to Canadian subscribers will not be subject to a hold period in Canada .
ÂThe securities described herein have not been and will not be registered under the United States ‎Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or ‎sold in the United States absent registration or available exemptions from such registration ‎requirements. This news release does not constitute an offer to acquire securities in any ‎jurisdiction.‎
ÂIn addition to and concurrent with the Offering, the Company will be offering on a non-brokered basis, the number of Common Shares, on the same or substantially same terms as the Offering, to its pre-existing shareholder, Glencore Canada Corporation, to allow such shareholder to exercise its participation right and maintain its 15.2% ownership interest in the Company (the " Non-Brokered Offering "). No commission or other fees will be paid to the Underwriters in connection with the Non-Brokered Offering.
ÂThere is an offering document (the " Offering Document ") related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and the Company's website at https:// groupelevenresources.com. Prospective investors of Common Shares should read the Offering Document before making an investment decision.
ÂThe Offering is expected to close on or about July 31, 2025 , or on such other date as may be agreed to by the Company and the Underwriters, subject to compliance with applicable securities laws (the " Closing Date "). Notwithstanding the foregoing, the closing must occur no later than the 45 th day following the date of this news release.
ÂThe Company will pay a fee in connection with the Offering comprised of (i) a cash commission equal to 6.0% of the aggregate gross proceeds of the Offering (" Cash Commission "), and (ii) an aggregate number of compensation warrants (each, a " Compensation Warrant ") equal to 6.0% of the aggregate number of Common Shares issued pursuant to the Offering. Each Compensation Warrant will be exercisable to acquire one Common Share at an exercise price equal to the Issue Price for a period of 24 months from the Closing Date, subject to adjustment in certain events. The Cash Commission payable to the Underwriters will be reduced to 3.0%, and no Compensation Warrants will be issued, with respect to certain purchasers identified on the Company's president's list.
ÂThe completion of the Offering is subject to customary conditions, including, but not limited to, the negotiation of an underwriting agreement between the parties with respect to the Offering and the receipt of all necessary approvals, inclusive of the conditional acceptance of the TSX Venture Exchange.
ÂÂ Qualified Person Â
ÂTechnical information in this news release has been approved by Professor Garth Earls , Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, an independent 'Qualified Person' as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects .
ÂÂ About Group Eleven Resources Â
ÂÂ Group Eleven Resources Corp. (TSX.V: ZNG; OTCQB: GRLVF and FRA: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022 , demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:
ÂBallywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead deposit 1 , which itself is located adjacent to Glencore's Pallas Green zinc-lead deposit 2 . The Company's two largest shareholders are Michael Gentile (15.3%) and Glencore Canada Corporation (15.2% interest). Additional information about the Company is available at www.groupelevenresources.com .
 ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski , P.Geo.
Chief Executive Officer
 Cautionary Note Regarding Forward-Looking Information Â
ÂÂ This press release contains forward-looking information ("forward-looking statements") within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the closing of the Offering, the timing of the closing of the Offering, the use of proceeds from the Offering, the receipt of regulatory approvals and future results of operations, performance and achievements of the Company, including the Company drilling the most significant mineral discovery in the Republic of Ireland in over a decade. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties. Â
  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   . Â
Â| Â | Â
| Â Â Â 1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018) Â Â | Â
| Â Â Â 2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2024) Â Â | Â
| Â | Â
SOURCE Group Eleven Resources Corp.Â
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Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the "Company" or "Bold") is pleased to report that the Company has received the results of a Mobile Metal Ion (MMITM) soil survey carried out in the northwest corner of its Burchell Gold and Copper Property during the first phase of summer 2025 field work. The survey was designed to infill and extend soil lines from November 2024 (see January 17, 2025 news release), testing the strike extension of the Moss Trend on the adjacent Moss Gold Property of Goldshore Resources Inc. (GSHR) to the west. The Moss Trend hosts the Moss Gold Deposit with an Indicated resource of 1.23 Moz gold at 1.22 gt and an Inferred resource of 4.92 Moz gold at 1.09 gt (see GSHR website), located within 5km of the west boundary of Bold's property.
ÂResponse ratios (RRs) were calculated for each sample by element, according to SGS guidelines, which state that 'response ratios in general need to be greater than 2-5 times background before being considered "anomalous."' Notable results include several new gold (Au) +/- copper (Cu) +/- molybdenum (Mo) anomalies in the northern half of the survey area (see Figure 1), with Au RRs up to 60 (values 60 times background gold concentrations); Cu RRs up to 136 (values 136 times background copper concentrations), and Mo RRs up to 70 (values 70 times background molybdenum concentrations). Copper and molybdenum are often pathfinders for gold mineralization in this region. Best anomalies from the 2024 survey now have calculated RRs of up to 40 for Au, 59 for Cu, and 432 for Mo. These polymetallic anomalies appear to form at least two northeast-southwest trends/regions within prominent magnetic lows. The best 2025 gold RR of 65 occurs in the southern portion of the survey area along an anomalous trend which follows the margin of an ENE-WSW magnetic low (see Figure 1). Based on publicly available information, this area has never been drilled.
ÂHistorical diamond drilling by Newmont in the northern portion of the survey area has yielded gold anomalies in a fence of holes in the area of the polymetallic soil anomalies (see Figure 1), as well as towards the western boundary of the property where 0.9 g/t Au over 6.4m was intersected. The soil anomalies will aid in targeting gold-bearing horizons more closely when diamond drilling.
Â82 samples were collected during the summer field program for a combined survey total of 156. The combined survey has northwest-southeast lines spaced at 90 to 140 meters, 350 to 1400 meters in length, with 50-meter sample station spacing, covering an 800-meter section of the Moss Trend (see Figure 1).
ÂMeanwhile, the Company is awaiting final results from the first phase of summer field work in the vicinity of the 111 Zone that is located within a parallel gold trend south of the Moss Gold Trend. The 111 Zone returned gold values between 10 ppb and 68 g/t in grab samples last winter (see Bold's December 12, 2024 and January 9, 2025 news releases).
ÂBruce MacLachlan, the Company's President and Chief Operating Officer, said: "The highly anomalous gold and polymetallic soil sampling results recently obtained along the Moss Gold Trend are extremely encouraging and will help greatly in targeting gold-bearing horizons with diamond drilling. We are eager to keep advancing the property not only along the Moss Trend, but at the 111 Zone and the Hermia Gold and Copper Prospect. Results in the past year demonstrate that this property is underexplored with high potential for new gold and copper discoveries."
ÂQAQC Protocols
ÂMMITM samples were collected according to SGS Laboratories methodology, and shipped to SGS Laboratories in Burnaby, B.C., where they were analyzed according to SGS' MMI-M weak leach method, yielding concentrations for 53 elements.
ÂThe technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company's V.P. Exploration and a qualified person (QP) for the purposes of NI 43-101.
ÂBold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold Critical and Battery Minerals page.
ÂAbout Bold Ventures Inc.
ÂThe Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.
ÂFor additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.
Â| "Bruce A MacLachlan" Bruce MacLachlan President and COO | Â "David B Graham" David Graham CEO | Â
Direct line: (705) 266-0847
ÂEmail: bruce@boldventuresinc.com
ÂNeither 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.
ÂCautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
ÂNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATIONÂ IN THE UNITED STATES
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TSXV: DMCU,OTC:DMCUF; OTCQB: DMCUF; FSE: 03E) announces that its common shares have started trading on the OTCQB marketplace, a U.S. marketplace operated by OTC Markets Group Inc., as of the opening of markets today. Domestic was previously trading on the OTCID marketplace and will retain its trading symbol of DMCUF on the OTCQB. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol DMCU and on the Frankfurt Stock Exchange under the symbol 03E.
ÂThe OTCQB Venture Market provides an established platform for early-stage and growth companies to enhance their visibility in the U.S. market. Companies listed on OTCQB must meet rigorous reporting standards, undergo annual verification, and comply with management certification requirements, providing investors with a trusted market for trading. Real-time quotes and market information on Domestic can be found at www.otcmarkets.com .
Patricio Varas, Chairman and CEO of Domestic Metals, stated: "The Company believes that with the current needs in the United States for critical minerals and in particular the shortage of domestic internal production of copper coupled with new tariffs on copper imports, it is an opportune time for Domestic to enhance the Company's exposure to the vast USA investor base, which this up-listing provides. Mr. Varas further stated that: ‎‎"The State of Montana is an excellent mining jurisdiction to explore for copper and the Smart Creek Project has key attractive exploration characteristics, including, a large copper and gold endowed footprint, alluring previous drilling data, including an intercept of 109 meters of 0.75% copper, which support the Project's potential to host a major bulk mineable orebody that warrants commensurate exploration investment."
ÂDomestic's technical team is launching a Geological Mapping program and follow up geophysical surveys in preparation for a third quarter drilling campaign to test multiple copper porphyry and CRD targets.
ÂÂ About Domestic Metals Corp. Â
ÂÂ Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.
ÂThe Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.
ÂThe Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.
ÂÂ Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.
ÂFollow us on:
ÂÂ Â X: Â Â https://x.com/domestic_metals Â
 Facebook:   https://www.facebook.com/domesticmetals Â
 LinkedIn:   https://www.linkedin.com/company/domestic-metals-corp/ Â
 Instagram:   @domesticmetals Â
 On behalf of Domestic Metals Corp. Â
 Patricio Varas, Chairman and CEO
(604) 831-9306
For more information on Domestic Metals, please contact:
ÂPatricio Varas, Phone: 604-831-9306 or Michael Pound, Phone: 604-363-2885.
ÂPlease visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com .
 For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: 415-389-4670.
 Neither 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. Â
ÂÂ Cautionary Note Regarding Forward-Looking Statements Â
ÂThis news release contains certain statements that may be deemed "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 statements may include, without limitation, statements relating to the Company's continued stock exchange listings and the planned exploration activities on properties. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca . Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
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