Halcones Precious Metals (TSXV:HPM)

Halcones Precious Metals: Advancing a Significant High-grade Gold Project in Northern Chile

Halcones Precious Metals (TSXV:HPM) is a gold exploration company focused on advancing its high-grade Polaris project in northern Chile, a premier mining region with excellent infrastructure. Polaris hosts multiple surface targets with significant gold values across a large, underexplored property, offering investors exposure to a high-potential discovery in a mining-friendly jurisdiction.

The Polaris Project is located within the metallogenic belt of the Atacama Fault Zone, a major geological corridor known for hosting numerous significant mineral deposits across Chile. Gold mineralization at Polaris is largely controlled by major structures, including the Izcuña and Médano faults, which provided pathways for mineralizing fluids and led to the formation of vein-hosted and stockwork-style gold deposits.

Map of Halcones Precious Metal's Polaris project

Currently, exploration efforts are focused on two main target areas in the southern part of the property adjacent to the Atacama fault:

  1. North Zone: A historic mining district with excellent gold assay results at surface
  2. South Zone: Another area of historic mining activity with high-grade gold values

Company Highlights

  • Strategic Land Position: Controls 5,777.5 hectares in a historically productive gold district with multiple high-grade surface targets
  • Proven High-grade Gold at Surface: 30 samples returned assays above 10 g/t gold, with values up to 55 g/t gold
  • Large Mineralized Footprint: Recent sampling extended the gold-bearing trend to 3.9 km, with potential for further expansion
  • Bulk Tonnage Potential: Gold-bearing stockwork mapped over a 250 m x 500 m area, suggesting potential for a large-scale open-pit operation
  • Favorable Project Economics: Low-to-moderate elevation project with year-round access and proximity to established infrastructure
  • Experienced Leadership: Management team with extensive experience in geology, mining exploration, and capital markets
  • Geological Setting: Mineralization similar to well-known Abitibi gold deposits like Sigma-Lamaque, Goldex and Dome

This Halcones Precious Metals profile is part of a paid investor education campaign.*

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Halcones Precious Metals (TSXV:HPM)

Halcones Precious Metals

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Advancing a significant high-grade gold project in Northern Chile

Halcones Precious Metals Closes Non-Brokered Offering

Halcones Precious Metals Closes Non-Brokered Offering

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Halcones Precious Metals Corp. (TSX-V: HPM) (the " Company " or " Halcones ") announces it has closed, on an upsized basis, its previously-announced non-brokered private placement of units (the " Offering ") of the Company (the " Units ") pursuant to which the Company issued 10,204,153 Units at a price of $0.07 per Unit for aggregate gross proceeds of $714,290.71. Each Unit is comprised of one common share in the capital of the Company (" Common Share ") and one-half of one Common Share purchase warrant (each whole warrant, a " Warrant "). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.10 per Common Share for a period of 36 months following the date hereof.

News Provided by GlobeNewswire via QuoteMedia

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Abcourt Intersects 24.3 g/t Over 1.9 m Including 41.9 g/t Over 0.6 m in the 785N Zone and Provides an Update on Its Sleeping Giant Activities

Abcourt Mines Inc. ("Abcourt" or the "Corporation") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to report new drilling results and an update on its activities at the Sleeping Giant mine.

In 2025, Abcourt completed 36 underground drill holes totaling 5,632 meters. Of these holes, seven target the 785N zone and the underlying areas for a total of 3,316 meters. This 785N zone is in a new sector to the east and at depth of the developed sectors of the mine. After releasing the results of two of these holes earlier this year, Abcourt is today releasing the results of two more holes, 78-888 and 78-890.

News Provided by GlobeNewswire via QuoteMedia

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Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Price Dips, Markets Stay Flat as Fed Leaves Rates Unchanged​

The US Federal Reserve held its third meeting of 2025 from Tuesday (May 6) to Wednesday (May 7) against a backdrop of trade tensions, spurred on by the Trump administration's tariffs.

The central bank met analysts’ expectations by holding its benchmark rate in the 4.25 to 4.5 percent range.

Chair Jerome Powell said the Fed's dual mandate of maximum employment and stable pricing remains in balance, and noted that the US economy is solid. However, he also said that risks have risen and that there has been a sharp decline in consumer and expert sentiment due to the ongoing tariff situation.

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Halcones Precious Metals

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