Domestic Metals Commences Drill Program at Smart Creek Project, Montana

Domestic Metals Commences Drill Program at Smart Creek Project, Montana

TSXV: DMCU; OTCQB: DMCUF; FSE: 03E0) is pleased to announce the commencement of the planned 9,000m diamond drill program at its Smart Creek Project in Montana (video and photos X8W4wJcE5Xr6RjeAPu0Urkbq-jcI2lyfkKts2ZOKz5xBAu-BCiPYWn86YRcea1LB18oozfEpQYNHmAf3RRdTp3A=" target="_blank" rel="nofollow">here). The program is designed to test high-grade porphyry copper style mineralization identified through the Company's 2025–2026 exploration campaign.

The Smart Creek Copper Porphyry Project, acquired in August 2024, is a joint venture with Rio Tinto, where Rio owns 40% of the asset. The project covers 8,000 hectares and is located 50km northwest of the Butte Mine Complex (the Butte District production is credited at 24.8B pounds of copper between 1180-20041) and occupies a similar geological setting. Smart Creek is considered prospective for porphyry copper as well as copper-gold-silver enriched carbonate replacement deposits (CRD). 

Rio Tinto drilled 26 of 40 permitted sites vectoring toward a porphyry centre at the Smart Creek Target where the best hole returned 109.73 meter @ 0.75% Cu, which included 89 metres of 0.97% Copper (SMCR0022; news release dated August 20, 2024). Domestic Metals' 2025 summer field program returned 102 g/t Au with 23.1% Cu and 3,810 g/t Ag. (news release dated January 8, 2026)

Program Highlights

  • Up to 9,000 meters of diamond drilling across an estimated 6-8 holes with a focus on the Smart Creek and Sunrise Mine Targets
  • Program fully funded through the Company's existing treasury
  • Targets defined by IP geophysical program, surface sampling, results of historical drill program and 3D computer modeling to help vector toward main mineralized sources on the property
  • First assay results are expected 6-8 weeks following the start of the drilling
  • Drilling being conducted by KP Drilling of Arizona using a Borat Longyear LF-90 D diamond drill rig

"Rig availability pushed our start date back several weeks which is an unfortunate but common reality in this market. We are pleased to confirm the rig is now on site, and drilling has commenced after nearly two years of systematic exploration at Smart Creek," said Gordon Neal, CEO and Director of Domestic Metals. "Our geologists have developed targets based on the high-grade metal sampling results and new IP data. We believe Smart Creek is highly prospective for porphyry copper as well as copper-gold-silver enriched carbonate replacement deposits. The program is designed to deliver news flow over the coming months, starting with visual observations from core and followed by assay results as they come in."

Project Overview

After acquiring the project in August 2024, modern exploration by Domestic has focused on identifying the broader mineralized system, using a combination of:

  • Detailed geological mapping and structural interpretation
  • Reconnaissance mapping and sampling, Assay results at the high-priority Sunrise Target returned 4.26 g/t Au (news release dated March 3, 2025)
  • 2025 summer field program. Sampling returned high grade results: 102 g/t Au with 23.1% Cu and 3,810 g/t Ag. (news release dated January 8, 2026)
  • IP Geophysics with multiple new large-scale targets identified.  IP chargeability features are coincident with previously established alteration footprints and high-grade sampling (news release dated January 8, 2026). Results support Domestic Metals' geologically and geochemically based target initiatives and represent Priority 1 drill targets at the Smart Creek Project. (news release dated April 2, 2026)
  • Compilation and digitization of historic drill hole and assay data

This work has outlined two priority drill target areas, described below.

Drill Target Areas

Smart Creek Target – Phase 1

The 2026 IP Geophysical survey demonstrated that the chargeability feature extends further west than previously known and represents a high-priority drill target with potential for porphyry copper style mineralization planned for the Smart Creek target zones on the eastern side of the project. Three 600m-800m diamond drill holes have been plotted. These holes should take approximately 45 days to complete.

Sunrise Mine Target - Phase 2

The 2026 IP Geophysical Survey revealed a chargeability feature of interest to the north of Sunrise and also delineated a chargeability feature south of the Sunrise Mine. The southern anomaly continues southward toward the Radio Tower target. This feature immediately south of the Sunrise Mine represents a high-priority drill target for Domestic Metals with the potential for copper porphyry and skarn mineralization Four 600m-800m diamond drill holes have been plotted. These holes should take approximately 60 days complete.

Webinar

Gordon Neal, CEO and Director, and Daniel MacNeil, P.Geo., Technical Advisor, will provide investors with a comprehensive update on the drill program at the Company's Smart Creek copper-gold-silver Project in Montana:

Date: Wednesday, September 16, 2026
Time: 1:15pm PDT | 4:15pm EDT | 10:15pm CEST
Registration: https://us02web.zoom.us/webinar/register/WN_BKR0EppGRwC_vddTitNx1g
Replay: A full replay will be available to all registered attendees following the event.

Research and Marketing Agreements

The Company has entered into a Professional Services Agreement dated effective April 10, 2026, with HoldCo Markets Advisory Inc ("HCM"), under which HCM will provide Domestic Metals Corp. with equity research, institutional distribution and social media distribution for a one-year term from April 10, 2026 to April 10, 2027. The services will be conducted in accordance with the applicable policies of the TSX Venture Exchange ("TSXV") and the engagement of HCM is subject to the approval of the TSXV.

Under the agreement, Domestic Metals Corp. will pay HCM a total of $44,400 ($3,700 per month) plus applicable taxes, payable in two equal installments. HCM currently owns 178,572 Domestic Metals common shares and 178,572 Domestic Metals common share purchase warrants. Other than the foregoing, neither HCM nor their principals have any present equity interest in the Company's securities, directly or indirectly, or any right to acquire any equity interest. HCM can be reached at the Hudson's Bay Centre, 2 Bloor East, Toronto, ON M4W 3T3; Tel: (416) 903-7522; Email: research@holdcomarkets.com.

In addition, the Company has entered into an agreement with Epstein Research dated July 29, 2026, pursuant to which Epstein Research will provide public awareness activities and social media amplification. The services will be conducted in accordance with the applicable policies of the TSX Venture Exchange ("TSXV") and the engagement of Epstein Research is subject to the approval of TSXV.

Epstein Research has been engaged by the Company for a 3-month period commencing August 15, 2026. In consideration for the services provided, the Company has paid Epstein Research USD 6,000 plus applicable taxes. Epstein Research is arm's-length to the Company, has no other relationship with the Company and neither Epstein Research nor its principal, Peter Epstein, has any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as disclosed herein Epstein Research can be reached at address Upper Saddle River NJ, 07458, USA, Tel: +1 845-304-7386; Email: epstein.peter4@gmail.com.

Technical Information

All scientific and technical information in this news release has been reviewed and approved by Daniel MacNeil, P.Geo. Mr. MacNeil is a Technical Advisor to the Company and is a qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Domestic Metals Corp.

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.

The 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.

The 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.

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.

Notes1 Reed, M., and Dilles, J., 2020.  ORE DEPOSITS OF BUTTE, MONTANA In MBMG Special Publication 122: Geology of Montana, vol. 2: Special Topics p. 1-41.

On behalf of Domestic Metals Corp.

Gord Neal, CEO and Director
(604) 657 7813

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For more information on Domestic Metals, please contact:
Gord Neal, Phone: (604) 657 7813 or Michael Pound, Phone: (604) 363 2885

Please 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: +1 415 389 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.

Cautionary Note Regarding Forward-Looking Statements

This 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 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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Domestic Metals

Investing in America’s Copper Future to Meet Critical Metal Demand

Investing in America’s Copper Future to Meet Critical Metal Demand Keep Reading...

Investor Insight

Domestic Metals is advancing the Smart Creek Project in Montana, leveraging an option agreement with Rio Tinto and a newly expanded technical team to target world-class copper and gold discoveries.

Overview

Touted as a "central bottleneck of the electrified future", copper is facing great demand outpacing supply. In a recent outlook, S&P Global estimates the market could potentially face as much as 10 million metric tons by 2040 in copper shortfall.

This gap strategically positions Domestic Metals as an opportunity for investors.

Domestic Metals (TSXV:DMCU,OTCQB:DMCUF,FSE:03E) is an exploration company focused on its flagship Smart Creek Project in Montana, where it aims to discover an underlying porphyry system and Carbonate Replacement Deposit (CRD).

Map of Domestic Metals Smart Creek lands, showing claims, private land, roads, and location in Montana.

Located in the premier mining-friendly jurisdiction of Montana, the state hosts world-class assets including the Butte Mine, which has produced over 22 billion pounds of copper, and Sandfire Resources' (ASX:SFR) Black Butte project, containing an updated measured and indicated mineral resource of 18.9 million tonnes at 2.4 percent copper. Smart Creek's potential is further bolstered by its proximity to significant discoveries like Ivanhoe Electric’s (NYSEAmerican:IE,TSX:IE) Hog Heaven project, which announced the intersection of a porphyry copper-gold-molybdenum system within a large, deep anomaly.

Rio Tinto previously drilled 26 out of 40 permitted sites at Smart Creek over 2.5 years, drilling towards a porphyry centre. The best hole returned 109.73 metres at 0.75 percent copper, which included 89 metres of 0.97 percent copper.

Further to the geology, Domestic Metals is led by a management and technical team with a distinguished track record in mine discovery, development, and multi-million-dollar financings. By leveraging relationships with industry majors and technical expertise in porphyry and CRD systems, Domestic Metals is rapidly advancing its targets toward discovery. This momentum is backed by a proactive approach to the current global critical metal demand and US government mandates prioritizing domestic base metal production.

Company Highlights

  • Tier 1 Strategic Partnership: Domestic Metals is earning up to a 60 percent interest in the Smart Creek Project through an option agreement with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO), which retains a 40 percent interest and provides technical support.
  • Exceptional Surface Grades: The 2025 field campaign returned high-grade samples, highlighted by 102 g/t gold, 23.1 percent copper, and 3,810 g/t silver.
  • World-Class Team: Dr. Peter Megaw, a globally recognized authority on Carbonate Replacement Deposits (CRDs) and discoverer of MAG Silver’s Juanicipio, has joined the team to guide exploration, together with President & CEO Gordon Neal who has had a successful track record building MAG Silver and New Pacific Metals
  • Mining-Friendly Jurisdiction: Operations are focused in Montana, the top 5 US jurisdiction for investment attractiveness according to the 2025 Fraser Institute survey, with a legacy of massive production at the nearby Butte Mine.

Key Project

Smart Creek Project – Montana, USA

Geological map of Domestic Metals Smart Creek Project, Montana, showing copper concentration and target areas.

The Smart Creek Project is strategically located 100 km southeast of Missoula and 20 km north of Philipsburg, Montana, and has year-round accessibility via a network of highways and gravel roads. The project hosts four compelling exploration targets including porphyry copper, epithermal gold, replacement, and exotic copper. It encompasses 4,187 hectares and features the same geological trend and age as the Butte Mine which has produced over 2.5 billion pounds of copper since 1985, with a projected 32 years of production ahead remaining.

The Smart Creek project is highly prospective for high-grade CRD, copper-gold porphyry systems, and epithermal gold deposits. Domestic Metals has identified four primary targets at Smart Creek:

  • Smart Creek Target: Joint venture partner Rio Tinto previously intersected 109.73m at 0.75 percent copper.
  • Sunrise Mine: A historical producer of high-grade gold-copper replacement mineralization, now showing potential for an underlying porphyry.
  • Radio Tower: A large alteration footprint (1,000m x 1,300m) with coincident copper-in-soil anomalies and IP chargeability features.
  • Smart Creek Exotic: A copper-gold porphyry target identified at depth.

Geological cross-section showing mineral deposits and alteration zones near Sunrise and Domestic Metals' Smart Creek.

Following a successful 2025 field campaign that significantly increased the mineralized footprint, the company is initiating a 27 line-kilometer electrical geophysics program to refine targets for a 10,000-meter diamond drill program commencing in Q1 2026.

Management Team

Gordon Neal – President, CEO & Director

A founding member of MAG Silver, Neal previously served as VP Corporate Development for Silvercorp Metals and President of New Pacific Metals. He has raised over $750M in the resource sector and has a proven history of building shareholder value through economic discoveries.

Dr. Peter Megaw, Ph.D., C.P.G. – Technical Advisor

Dr. Megaw is a world-renowned CRD expert with over 30 years of experience. He was instrumental in discovering the Juanicipio and Cinco de Mayo properties for MAG Silver, receiving the PDAC Thayer Lindsley Award in 2016 for these achievements.

Dan MacNeil, MSc PGeo – Technical Advisor

A copper and gold specialist with 25+ years of experience, MacNeil contributed significantly to discoveries at Eskay Creek and Donlin Creek. He provides essential technical oversight as a Qualified Person.

Dr. Alan Wainwright, PhD PGeo – Technical Advisor

With 25+ years in mineral exploration, Dr. Wainwright was a member of the Coffee Gold discovery team and completed his PhD research with Ivanhoe Mines at the world-class Oyu Tolgoi mine in Mongolia.

Stuart Ross – CFO

Stuart Ross has served as a senior officer and director for multiple public companies listed on the NASDAQ and TSXV, with extensive experience in the mining and merchant banking sectors.

Patricio Varas – Chairman of the Board

The former CEO of Western Potash, Varas was part of the discovery team for the Diavik Diamond Mine and held executive roles with Far West Mining.

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