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 Provides Update on Polaris Gold Project, Antofagasta Region Chile

Halcones Precious Metals Provides Update on Polaris Gold Project, Antofagasta Region Chile

Halcones Precious Metals Corp. (TSX V: HPM) (the "Company" or "Halcones") is pleased to provide an update on progress at its Polaris Gold Project (the "Project" or "Polaris"). Halcones' geologists continue field work at Polaris in preparation for the initial drill program at the Project. Recent work has been primarily focused on detailed structural and alteration mapping and fine tuning the geologic understanding of mineralization controls. This improved geological interpretation will guide the forthcoming drill program, which will be the first drilling by the Company at the Polaris Project.

Halcones' focus has been on the Northwest section of the North Zone. The North Zone demonstrates a dense concentration of high-grade, outcropping gold samples over an area of at least 400 m by 250 m with many assays above 10 g/t gold (figure 1). The Company is planning an initial drill program of 8 holes to test the continuity of this vein and stockwork hosted mineralization at depth. Drilling will target near-surface mineralization with the holes planned to a depth of approximately 130m below surface. Follow-up drilling will be planned based on results.

News Provided by GlobeNewswire via QuoteMedia

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Halcones Precious Metals Closes Non-Brokered Offering

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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.

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