Domestic Metals Expands Targeting Initiative at Smart Creek Copper Project

Domestic Metals Expands Targeting Initiative at Smart Creek Copper Project

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Domestic Metals Corp. (the "Company" or "Domestic Metals") - (TSXV: DMCU,OTC:DMCUF; OTCQB: DMCUF; FSE: 03E0) has expanded its exploration targeting budget based on high-grade copper, gold and silver results from the Company's recently completed surface exploration program (see news release dated January 8, 2026) at the Smart Creek Copper Project. Surface rock sampling and surface geological mapping has increased the size of each of these target areas and confirms the potential for high-grade copper, gold and silver mineralization in the porphyry and epithermal environments as well as confirms the presence of related Carbonate Replacement Deposit style mineralization. The Company has now confirmed the presence of each of these styles of mineralization exposed at surface at Smart Creek and is now planning follow up diamond drilling scheduled for April 2026.

Summary of High-Grade Assay Results from 2026 Exploration

  • 102 g/t Au (Sample G019007)
  • 74.7 g/t Au, 13.8% Cu, 3810 g/t Ag (Sample G019235)
  • 30.4 g/t Au (Sample G019001)
  • 26.6 g/t Au (Sample G019353)
  • 23.1% Cu, 424 g/t Ag (Sample G019225)
  • 19.65% Cu, 458 g/t Ag (Sample G019031)
  • 19.05% Cu, 582 g/t Ag (Sample G019038)

For additional details regarding the surface sampling results at Smart Creek please see news release dated January 8, 2026.

Smart Creek Copper Porphyry Target

Previous exploration drilling is concentrated at the Smart Creek target where surface alteration and mineralization is consistent with the distal porphyry environment. Domestic Metals has leveraged historical drilling data and newly collected surface geological and geochemical data to establish a robust exploration drilling target west of the historical drilling footprint (Figure 1). In addition, exotic copper mineralization south of the Smart Creek target (Smart Creek Exotic Copper) appears to be superimposed on distal copper porphyry related mineralization suggesting there is the potential for a second porphyry center westward of the historical drilling footprint (Figure 1).

Figure 1

Figure 1. Favourable geology, surface mineralization, historical drilling and drill targets at Smart Creek, Montana.

Sunrise Porphyry Copper Target

Domestic Metals has identified mineralized porphyry dykes approximately 1 kilometer east of the past producing Sunrise Mine (see NR dated September 11, 2025; Figure 1). These mineralized porphyry intrusions are exposed at surface and are interpreted to represent the top of a new porphyry system at Smart Creek. The depth extent of this surface mineralization will be tested as part of the upcoming diamond drill program at Smart Creek

Radio Tower Carbonate Replacement Targets

The 2025 Surface exploration program has identified several previously unrecognized semi massive and massive sulphide CRD lenses exposed at surface internal to the Radio Tower alteration footprint (Figure 1). These high-grade copper-gold-silver lenses have been prioritize for drill delineation and will be tested after a second round of permitting is complete for the project. Additional mapping and sampling will be conducted in the Spring to further derisk these targets.

Marketing Agreement

The Company has entered into an agreement with Machai Capital Inc. dated February 27, 2026 (the "Machai Agreement"), pursuant to which Machai will provide public awareness activities and deploy a comprehensive digital media marketing program including multi-platform digital campaigns, social media amplification, and targeted investor communications.

The services will be conducted in accordance with the applicable policies of the TSX Venture Exchange ("TSXV") and the engagement of Machai is subject to the approval of the TSXV.

Machai has been engaged by the Company for a 2 month period commencing immediately. In consideration for the services provided, the Company has paid Machai CAD 300,000 plus GST. Machai is arm's-length to the Company, has no other relationship with the Company and neither Machai nor its principal, Suneal Sandhu, 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. Machai can be contacted at suneal@machaicapital.com.

Engagement of Michael Pound

Pursuant to the Company's news releases dated December 11, 2025 and January 23, 2026, and at the request of the TSXV, the Company provides additional further clarification, Mr. Pound was engaged on February 17, 2025 and his fees at that time were C$5,000 per month, in May of 2025, his fees increased to C$7,500 per month.

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.

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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a3fbbc8-0774-414b-a587-29526425e414


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Domestic Metals (TSXV:DMCU)

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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