Metal Bank Limited (MBK) offers a compelling investment opportunity driven by its copper-focused growth strategy, targeting high-demand projects across the Middle Eastern region.
Metal Bank (ASX:MBK) is a growth-focused explorer engaged in copper and gold exploration and development across Australia, Saudi Arabia and Jordan.
The company’s near-term focus is on optimizing and divesting the Livingstone gold project to generate capital for expanding its copper projects in the Middle East. Metal Bank's strong regional presence, particularly in Saudi Arabia and Jordan, is underpinned by deep industry relationships and extensive operating experience.
In the near term, MBK is executing its Middle East and North African (MENA) strategy focused on Saudi Arabia and Jordan. The strategy includes securing copper and other critical minerals projects in Saudi Arabia, through its joint venture company, Consolidated Mining Company (CMC). CMC is 60 percent owned by MBK and 40 percent by Central Mining Holding Company. Its first project, Wadi Al Junah, has been awarded exploration licences in November 2024. MBK has also identified several new areas of interest and exploration licence applications have already been submitted. MBK is also in discussions with third parties holding exploration licences for potential cooperation/joint ventures.
In Jordan, key agreements have been secured for copper exploration within historic mining areas. The three copper project areas granted in Jordan are Malaqa, Area 47 and Area 65. Two of these projects are in areas with historic mining activities, while the third is highly prospective for large-scale copper under cover.
The leadership team brings a proven track record of exploration success and project execution, positioning the company for long-term value creation in the critical minerals market.
Multiple prospects at Livingstone gold project
The Livingstone gold project is an advanced gold exploration project located 140 km northwest of Meekatharra in Western Australia. The project spans 395 sq km within the Bryah-Padbury Basin. The project hosts a JORC 2012 resource of 40,300 oz gold (Homestead) and 30,500 oz gold (Kingsley). Exploration efforts include geophysical mapping, RC drilling, and over 40 km of strike target assessments. The company is updating resource models and conducting pit optimization. Strong corporate interest has led to discussions to expedite divestment, with proceeds to fund MENA operations.
The project has multiple advanced gold targets, inadequately tested to date, including Hilltop, Stanley, Winja, Winja West, VHF and Kirba, Additionally, independent experts have identified more than 10 regional greenfields targets with 40km prospective strike length.
A 427 sq km VMS copper-zinc-gold-silver project, Wadi Al Junah is a joint venture through Consolidated Mining Company (CMC, MBK 60 percent). Exploration activities include regional geochemical surveys, surface mapping, and shear-zone anomaly identification. Phase 1 drilling is planned for Q2 2025.
The Wadi Al Junah project is 35 km east of the Al Hajar gold-silver (copper-zinc) deposit that was previously mined by Saudi’s state-owned mining company, Ma’aden, and is close to the major regional centre and airport of Bisha. The project has received very limited rock chip sampling as part of regional scale mapping work in the 1960s and 1970s. with results of up to 1.53 percent copper, 0.44 grams per ton (g/t) gold and 160 g/t silver. MBK aims to define drill targets in preparation for initial drill programs.
Metal Bank is leveraging its extensive history in Saudi Arabia, and pursuing additional tenement applications and joint venture partnerships. The country has enacted a new mining code in 2021, establishing mining-friendly regulations and a system of refunding exploration expenditure for approved projects.
This three-project portfolio is aimed at large-scale copper exploration. The Malaqa project has shown copper mineralization over an 800-meter strike through chip and channel sampling. Area 47 features a 4 sq km geochemical anomaly indicative of porphyry-style mineralization, while Area 65 is a bulk-tonnage copper-oxide target. Metal Bank is planning a drilling campaign during 2025 and also assessing local joint venture opportunities to progress these three projects.
Rock sample from the Millennium project
This cobalt-copper-gold project holds a JORC 2012 Inferred Resource of 8.4 Mt at 0.09 percent cobalt, 0.29 percent copper, and 0.12 g/t gold. Recent reanalysis of historic cores revealed high-grade graphite intersections (e.g. 56 m at 18.29 percent graphite). Located on granted mining leases, the project offers polymetallic potential. Metal Bank is planning further metallurgical testing and drilling to expand both the copper and graphite resource base.
Inés Scotland has over 20 years of experience in the mining industry, having worked with major gold and copper companies across Australia, Papua New Guinea, the USA, and the Middle East. Her career includes roles with Rio Tinto companies such as Comalco, Lihir, and Kennecott Utah Copper. Notably, she was the managing director and CEO of Citadel Resource Group Limited, where she led the development of the Jabal Sayid Copper Project in Saudi Arabia. Under her leadership, Citadel grew to a market capitalization of $1.3 billion before its acquisition by Equinox Minerals in January 2011. She also served as the managing director and CEO of Ivanhoe Australia, an ASX-listed company with a market capitalization of $500 million. Scotland was appointed as chair of Metal Bank Limited on August 13, 2013.
Guy Robertson brings over 30 years of experience as a chief financial officer, company secretary, and director for both public and private companies in Australia and Hong Kong. His previous roles include serving as chief financial officer and general manager of finance for organizations such as Jardine Lloyd Thompson, Colliers International, and Franklins. He has over a decade of experience with ASX-listed mineral exploration companies and currently holds directorships with Hastings Technology Metals, GreenTech Metals, Artemis Resources, and Alien Metals. Robertson was appointed as an executive director of Metal Bank on September 17, 2012.
Sue-Ann Higgins is an experienced company executive with over 25 years in the mining industry. She has held senior legal and commercial roles with companies including ARCO Coal Australia, WMC Resources, Oxiana, and Citadel Resource Group. Her expertise encompasses governance and compliance, mergers and acquisitions, equity capital markets, and mineral exploration, development, and operations. Higgins was appointed as company secretary on August 21, 2013, and became an executive director on February 24, 2020.Â
Copper and gold-focused exploration in Australia and the Middle East
Sun Summit Minerals Corp. (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide an update from its ongoing project-wide exploration program at the JD Project, Toodoggone Mining District, north-central British Columbia (the "JD Project"). Drilling has now commenced with over 5,000 meters of drilling planned.
Highlights:
Drilling has now started: The drill rig is currently advancing the first hole on the northwestern extent of the Creek Zone. Up to 3,000 meters of drilling is planned at the Creek Zone designed to investigate the extent and continuity of near-surface, high-grade and bulk-tonnage gold mineralization. Historical and recent highlight intercepts include:
122.53 m of 2.11 g/t Au including 1.5 of 121.0 g/t Au (CZ-24-0047)
54.95 m of 2.69 g/t Au including 19.50 m of 7.31 g/t Au (CZ-24-0058)
22.0 m of 11.7 g/t Au including 4.0 m of 61.2 g/t Au (CZ97-0085)
Up to 2,000 meters of drilling planned at the Finn Zone to be completed following the Creek Zone drilling: Holes are designed to evaluate the extent and continuity of high-grade and bulk-tonnage gold mineralization. Historical highlight intercepts include:
35.7 m of 7.26 g/t Au including 1 m of 215.4 g/t Au (JD95-0472)
25.9 m of 6.42 g/t Au including 6.1 m of 12.8 g/t Au (JD94-0151)
22.0 m of 6.32 g/t Au including 12.6 m of 10.8 g/t Au (JD12-0033)
Project-wide exploration activities focused on drill target refinement are ongoing, including:
Over 20-line km of induced polarization (IP) geophysics has been completed along the JD Porphyry Trend.
Over 1,000 soil samples have now been collected across the Belle South grid, the southern extent of the JD Porphyry trend.
Geological mapping and prospecting are ongoing with a current focus on McClair Creek which transects the JD Porphyry Trend. Mapping has also been completed along the Finn to Creek Corridor as well as the Oxide Peak West target.
"It's exciting to see the drill rig turning on the first hole of our fully funded $6 million exploration program," said Niel Marotta, CEO of Sun Summit Minerals. "This year's campaign is focused on advancing and expanding the Creek and Finn gold-silver targets, while also generating and refining new priority targets across the JD Project. With several large regional programs underway in the northern Toodoggone, we expect a steady stream of news throughout the season, including drill results from our own aggressive 5,000 metre program."
JD Exploration Program
The primary exploration goals at the JD Project are to advance and expand the Creek and Finn gold-silver targets and to generate and refine new priority targets across the project. Work is currently focused on the highly prospective 4.5 km long epithermal-related Finn to Creek corridor, as well as the 12 km long JD Porphyry trend (Figure 2).
Drilling update: Drilling has now commenced with the rig advancing the first hole of the program at the Creek Zone. Up to 3,000 meters of drilling is planned at the Creek Zone with holes designed to investigate the extent and continuity of near-surface, high-grade and bulk-tonnage gold mineralization (e.g., 122.53 m of 2.11 g/t Au including 1.5 of 121.0 g/t Au in CZ-24-0047 and 22.0 m of 11.7 g/t Au including 4.0 m of 61.2 g/t Au in CZ97-0085, Figure 3). Following completion of the Creek Zone holes, the drill rig will move to the Finn zone where up to 2,000 meters of drilling is planned with holes designed to evaluate the extent and continuity of near-surface high-grade and bulk-tonnage gold mineralization (Figure 4).
Target generation update: Project-wide exploration activities aimed at target generation and drill target refinement are ongoing, including:
Timeline: Drilling and complementary exploration activities are anticipated to continue into September.
Figure 1.Map of the Toodoggone District showing the location of the JD Project in relation to other development and exploration projects. Data sourced from Thesis, TDG and Centerra's corporate websites.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/258684_8e19fa8484293969_001full.jpg
Figure 2. Map of the JD Project showing the broad JD Porphyry trend and the epithermal-related Finn to Creek Corridor. Planned areas for IP and soil surveys are shown in grey. Key targets are highlighted.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/258684_8e19fa8484293969_002full.jpg
Figure 3. Map of the Creek Zone showing drill collar locations with selected highlights. The area targeted for 2025 drilling is outlined in red. See references below for data sources.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/258684_8e19fa8484293969_003full.jpg
Figure 4.Map of the Finn Zone showing historical drill collar locations with selected highlights. The area targeted for 2025 drilling is outlined in red. See references below for data sources.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/258684_8e19fa8484293969_004full.jpg
National Instrument 43-101 Disclosure and Disclaimer
This news release has been reviewed and approved by Sun Summit's Vice President Exploration, Ken MacDonald, P. Geo., a "Qualified Person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Sun Summit and may in some instances be unverifiable dependent on the existence of historical drill core and grab samples. Historical results are no indication of future results.
Community Engagement
Sun Summit is engaging with First Nations on whose territory our projects are located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations with ongoing exploration.
About the JD Project
The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly prospective deposit-rich mineral trend. The project covers an area of over 15,000 hectares and is in close proximity to active exploration and development projects, such as Thesis Gold's Lawyers and Ranch projects, TDG Gold's Baker-Shasta projects, Amarc Resources' AuRORA project, Centerra Gold's Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine.
The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess mine, including roads and a hydroelectric power line.
The JD Project is in a favourable geological environment characterized by both high-grade epithermal gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some historical exploration, including drilling, geochemistry and geophysics, has been carried out on the property, however the project area is largely underexplored.
About Sun Summit
Sun Summit Minerals (TSX-V: SMN; OTCQB: SMREF) is a mineral exploration company focused on the discovery, expansion and advancement of district scale gold and copper assets in British Columbia. The Company's diverse portfolio includes the JD and Theory projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.
Further details are available at www.sunsummitminerals.com.
References
Krause, R.G. (1995), 1994 Geological and Geochemical Report on the JD Gold Silver Property, Toodoggone River Area, Omineca Mining Division, British Columbia, Assessment Report Indexing System, Report 23663, https://apps.nrs.gov.bc.ca/pub/aris.
Krause, R.G. (1996), 1995 Geological Report on the JD Gold Silver Property, Toodoggone River Area, Omineca Mining Division, British Columbia, Assessment Report Indexing System, Report 24284, https://apps.nrs.gov.bc.ca/pub/aris.
McBride, S. (2013), 2012 Geological, geochemical and diamond drilling report on the JD Property, Assessment Report Indexing System, Report 33556, https://apps.nrs.gov.bc.ca/pub/aris.
McBride, S. and Leslie, C. (2014), 2013 Geological, geophysical and diamond drilling report on the JD Property, Assessment Report Indexing System, Report 34762, https://apps.nrs.gov.bc.ca/pub/aris.
Hawkins, P.A. (1998), 1997 Exploration Report on the Creek Zone for Antares Mining and Exploration Corporation and AGC Americas Gold Corporation, JD Property, Toodoggone River Area, Omineca Mining Division, Internal Report #98-065-1.
Davis, J.W., and Jamieson, M.D. (1998), Drilling and Geophysical Report on the M.H. Mineral Clain Group, Toodoggone District, Assessment Report Indexing System, Report 25757, https://apps.nrs.gov.bc.ca/pub/aris.
Sun Summit Minerals news release October 2, 2024
Sun Summit Minerals news release October 16, 2024
Link to Figures
On behalf of the board of directors
Niel Marotta
Chief Executive Officer & Director
info@sunsummitminerals.comÂ
For further information, contact:
Matthew Benedetto, Simone Capital
mbenedetto@simonecapital.ca
Tel. 416-817-1226
Forward-Looking Information
Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements contained in this news release may include, but are not limited to the size and scope of the drill program at the JD Project; the Company's exploration plans, forecasts and timing of said plans; and the potential for positive findings, if any, from the drill program. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the Company's ability to complete the drill program as currently contemplated; risks inherent in exploration activities; the ability of the Company to find and verify any mineralization; volatility and sensitivity to market prices; fluctuations in metal prices. The forward-looking statements contained in this news release are made as of the date hereof or the dates specifically referenced in this news release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile.
Neither the TSX Venture Exchange (the "TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258684
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 **NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** Â
ÂTSXV: DMCU,OTC:DMCUF; OTCQB: DMCUF; FSE: 03E) reports that, pursuant to their news release dated May 27, 2025, they have requested a 30-day extension to the non-brokered private placement (the "Placement"). The terms of the Placement remain the same. The Company confirms there are no material changes.
This press release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
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 Offering 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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FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") announces that the board of directors of the Company has approved the grant of 5,305,000 stock options (the " Options ") to directors, officers and employees of the Company pursuant to the Company's Share Compensation Plan. The Options have an exercise price of $0.30 per share, with a five-year term and are fully vested on the grant date, July 10, 2025 .
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The Company also granted an aggregate 750,000 restricted share units (the " RSUs ") to certain officers of the Company. The RSUs vest in three equal installments on the annual anniversaries of the grant date and each vested RSU will entitle the holder to receive one common share of the Company or the equivalent cash value upon settlement.
ÂÂ About FPX Nickel Corp. Â
 FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .
ÂOn behalf of FPX Nickel Corp.
 "Martin Turenne"
Martin Turenne , President, CEO and Director
  Forward-Looking Statements  Â
ÂÂ Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement. Â
ÂÂ Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Â
ÂSOURCE FPX Nickel Corp.
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Cygnus Metals Limited ("Cygnus" or the "Company") advises that it has issued an aggregate of 67,050,000 performance rights ("Performance Rights") to directors, and key employees and consultants, under the Company's Omnibus Equity Incentive Plan ("Plan").
ÂShareholders approved the Plan and the issue of Performance Rights to directors at the Company's annual general meeting held on May 14, 2025. The Performance Rights to key personnel were issued on the same terms and conditions as the director Performance Rights, as set out in the notice of annual general meeting released to ASX on April 14, 2025.
The Performance Rights vest on the later of (a) one year after their date of issue, and (b) the successful completion of specific key performance objectives within three years from the date of issue. Each vested Performance Right is exercisable to one fully paid ordinary share in the capital of the Company (net of applicable withholdings) and will expire on May 31, 2030 unless exercised on or before this date.
ÂThe objective of Cygnus' Plan is to promote the long-term success of the Company and the creation of shareholder value by aligning the interests of eligible persons under the Plan with the interests of the Company.
ÂThis announcement has been authorised for release by the Board of Directors of Cygnus.
Â|  David Southam  Executive Chair  T: +61 8 6118 1627  E:   info@cygnusmetals.com   |   Ernest Mast  President & Managing Director  T: +1 647 921 0501  E:   info@cygnusmetals.com   |   Media:  Paul Armstrong  Read Corporate  +61 8 9388 1474  | Â
| Â | ÂÂ | ÂÂ | Â
 About Cygnus Metals Â
ÂÂ Cygnus Metals Limited (ASX: CY5, TSXV: CYG) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.
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Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the 2025 exploration program is nearing completion at its wholly-owned Adams Plateau Project (the "Project") in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX project.
Gary Thompson, CEO of Silver47, stated: "We are glad to continue our work on Adams Plateau toward defining drill targets on this road-accessible project. The abundance of surface mineralization on the Project is very encouraging for the potential of new and exciting discoveries. The Company has received a 5-year permit for drilling. This year is shaping up to be transformational for the Company with a full season of drilling at the flagship Red Mountain Project and the pending merger with Summa Silver."
Key Highlights:
Adams Plateau Historic Drilling Highlights:
Figure 1. Location Map of the Adams Plateau Project.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/258342_c58951fbd4a219ec_002full.jpg
Historic surface rock grab samples (separate samples) from across the property returned up to 4000 g/t silver, 10.4 g/t gold, 7% copper, 30% zinc, and 64% lead. Recent rock samples collected by Silver47 have returned up to:
*(BC Assessment Report 40920, 2022, 2022 Assessment Report on the Adams Plateau - https://apps.nrs.gov.bc.ca/pub/aris/Detail/40920)
Figure 2. Plan Map of the Adams Plateau Project with Zinc in soil and select rock analysis.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/258342_c58951fbd4a219ec_003full.jpg
Despite the long history of exploration on the plateau, historical geochemical data has been limited to small grids focused around known mineralization. Since acquiring the property in 2022, Silver47 has worked towards building a soil geochemical database which covers the entirety of the prospective Eagle Bay Assemblage. The 2025 soil grid ties together multiple historic grids with anomalous concentrations of silver, zinc and copper, and will provide near-total coverage over the high-priority zones of the central and eastern portions of the property.
Concurrent with the soil sample program, follow-up prospecting of previous high-grade soil and rock anomalies is taking place across the property. Recent forest fire activity and extensive logging operations have provided additional road access and the potential for new mineralization exposure along road cuts in previously under-explored areas.
The results of the 2025 sampling program, along with the extensive historic database will be used to refine drill targets, particularly in areas with limited bedrock exposure. With the recently granted 5-year multi-year area-based ("MYAB") permit, the company will be poised to begin drill testing for high-grade sulfide mineralization at historic and new, un-drilled targets along the extent of the Eagle Bay assemblage.
Exploration for silver-lead-zinc mineralization at Adams Plateau has taken place from 1925 to the present day with 137 assessment reports dating back to 1949 that suggest a large mineralized system indicating significant potential for discoveries. This is the first time the mineral claims in the area have been consolidated under one banner. The property hosts over 25 MINFILE occurrences, including limited historical, small-scale production at Beca (1926), Lucky (1956 and 1975-1977) and Spar (1985). Mineralization is typical of SEDEX and VMS type deposits, comprised of semi-massive to massive sulphide layers with pyrrhotite-tetrahedrite-sphalerite-galena-pyrite and localized chalcopyrite
Historical sampling over the claim group includes 7,021 soil samples, 115 rock samples and 79 silt samples. Recent work in 2022-2024 included the collection of 2,547 soil samples and 140 rock samples. Property-wide LiDAR and orthophotos have been completed to refine exploration targets. Limited historical drilling has occurred on the project outside the historic production sites.
Figure 3. Select rock grab samples photographs from the Adams Plateau Project 2025.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/258342_c58951fbd4a219ec_004full.jpg
Note: EX-1 is also referred to as SPAR
Data Verification
Historic data disclosed in this news release relating to past production and drilling is historic in nature and sourced from documents filed with the British Columbia Assessment Report Database (ARIS - https://apps.nrs.gov.bc.ca/pub/aris), or the British Columbia MINFILE Mineral Inventory (https://minfile.gov.bc.ca/). Historic production records for the Property are incomplete and of unknown accuracy. The Company is unable to verify the historic drilling data as drill hole rock samples are unavailable, precise collar locations cannot be field-located, and down-hole survey data is incomplete. Neither the Company, nor the qualified person can verify historic production or drill data and therefore investors should not place undue reliance on such data. The Company's future exploration work will include verification of historic data where it is possible to do so.
Adams Plateau Project Overview
The wholly-owned 150 square km Adams Plateau Project is located approximately 100 km north-east of Kamloops, British Columbia with excellent road access, power and rail nearby.
SEDEX (Sedimentary Exhalative) deposits are known for their high-grade silver, lead, zinc, copper, mineralization. Exploration is primarily focused on sediment-hosted polymetallic massive sulphides within the prolific Eagle Bay Assemblage with silver, copper, gold zinc, lead being the primary commodities of interest with other critical minerals like graphite and antimony.
The nearby past-producing Samatosum mine, located about 15 km northwest of the project, operated from 1989 to 1992. Before production commenced in June 1989, reserves for the Samatosum open-pit deposit were reported to be estimated at 634 984 tonnes grading 1035 g/t silver, 1.9 g/t gold, 1.2% copper, 1.7% lead and 3.6% zinc. https://minfile.gov.bc.ca/summary.aspx?minfilno=082M%20%20244
QAQC
Quality assurance and quality control (QAQC) protocols for rock and soil samples collected in 2022, 2024, and 2025 at the Adams Plateau project followed industry standard practice. Samples were bagged on site and delivered to ALS Minerals Laboratories in Kamloops, British Columbia. ALS Kamloops / North Vancouver is certified with ISO/IEC 17025:2017 and ISO 9001:2015 accreditation from the Standards Council of Canada. The 2022 soil sample program inserted field duplicates at a rate of one duplicate per 20 samples. The 2024 soil sample program inserted one field duplicate per collector per day. Both 2022 and 2024 soil and rock samples relied on ALS Quality control procedures during preparation and analysis. All samples were weighed, pulverized and screened. The 2022 soil samples were analyzed by ALS method ME-ICP41 and Au-AA23. The 2022 rock samples were analyzed by ALS method ME-ICP61 and Au-AA23. Rock samples exceeding limits for Ag, Pb, Zn, and Cu were analyzed by OG62. 2024 soil samples. The 2024 soil samples were analyzed by ALS method ME-ICP41 and Au-ST43, with overlimit gold samples further analyzed by Au-AROR43. The 2024 rock samples were analyzed by ALS method ME-MS61 and Au-AA23.
Qualified Person
Mr. Alex S. Wallis, P.Geo., is Vice President of Exploration for Silver47 and a "qualified person" as defined by National Instrument 43-101. Mr. Wallis has verified the data disclosed in this press release, including the sampling, analytical and test data underlying the technical information and has approved the technical information in this press release.
About Silver47 ExplorationÂ
Silver47 Exploration Corp. wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US. These projects include the flagship Red Mountain Project in southcentral Alaska, a silver-gold-zinc-copper-lead-antimony-gallium VMS-SEDEX project. The Red Mountain Project hosts an inferred mineral resource estimate of 15.6 million tonnes at 7% zinc equivalent or 335.7 g/t silver equivalent, totaling 168.6 million ounces of silver equivalent, as reported in the NI 43-101 Technical Report dated January 12, 2024. The Company also owns the Adams Plateau Project in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX-VMS project, and the Michelle Project in the Yukon Territory, a silver-lead-zinc-gallium-antimony MVT-SEDEX project. For detailed information regarding the resource estimates, assumptions, equivalency calculations, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR+ at www.sedarplus.ca. The Company trades on the TSXV under the ticker symbol AGA and OTCQB under the ticker symbol AAGAF.
For more information about the Company, please visit www.silver47.ca and see the Technical Report filed on SEDAR+ (www.sedarplus.ca) and titled "Technical Report on the Red Mountain VMS Property Bonnifield Mining District, Alaska, USA with an effective date January 12, 2024, and prepared by APEX Geoscience Ltd."
Silver47 Contact Information
Mr. Gary R. Thompson
Director and CEO
gthompson@silver47.caÂ
For investor relations
Kristina Pillon
info@silver47.caÂ
604.908.1695
X: @Silver47co
LinkedIn: Silver47
No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS
This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "upon" "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements and information include, but are not limited to: closing of the Offering, including the number of Units and FT Units issued in respect thereof; anticipated use of proceeds; expected closing date of the Offering; payment of finder's fees; ability to obtain all necessary regulatory approvals; insider participation in the Offering; the statements in regards to existing and future products of the Company; and the Company's plans and strategies. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the ability to close the Offering, including the time and sizing thereof, the insider participation in the Offering and receipt of required regulatory approvals; the use of proceeds not being as anticipated; the Company's ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and the additional risks identified in the Company's financial statements and the accompanying management's discussion and analysis and other public disclosures recently filed under its issuer profile on SEDAR+ and other reports and filings with the TSXV and applicable Canadian securities regulators. The forward-looking information are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws.
No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258342
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  New Expansion Hole Intersects   279   Metres Averaging   0.49   % Cu  Â
  Nine Drill Rigs Now Active on Site  Â
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: "Today's new results continue to confirm the large-scale potential of mineralization at Gaspé Copper. Expansion hole 30-1090 in particular has intersected a significant mineralized width, underscoring the excellent prospects for increasing the size of the known deposit towards the south. The program is advancing well, with a ninth drill rig added recently to accelerate the definition and expansion program."
ÂSignificant new analytical results are presented below and include 25 mineralized intercepts from eight drill holes (Table 1). The infill intercepts are all located inside the defined 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. The expansion intercepts are all located outside the 2024 MRE model and may lead to additional resources that will be classified appropriately within the next MRE update. Maps showing hole locations are available at www.osiskometals.com .
ÂÂ 
 
  Highlights:  Â
ÂÂ Table 1: Infill and Expansion Drilling Â
Â|  DDH No.  |  From (m)  |  To (m)  |  Width (m)  |  Cu %  |  Ag g/t  |  Mo %  |  CuEq*  |  Type  | Â
|  30-1077  |  129.0  |  201.0  |  72.0  |  0.22  |  2.71  |   |  0.24  |  Infill  | Â
|  And  |  291.0  |  313.5  |  22.5  |  0.23  |  2.62  |  0.009  |  0.28  |  Infill  | Â
|  And  |  384.0  |  399.0  |  15.0  |  0.52  |  3.73  |   |  0.55  |  Infill  | Â
|  And  |  428.5  |  450.7  |  22.2  |  0.30  |  2.33  |  0.006  |  0.34  |  Infill  | Â
|  And  |  481.5  |  553.5  |  72.0  |  0.19  |  1.41  |  0.013  |  0.25  |  Expansion  | Â
|  And  |  603.8  |  777.0  |  173.2  |  0.27  |  1.49  |  0.035  |  0.42  |  Expansion  | Â
|  30-1078  |  6.0  |  262.5  |  256.5  |  0.25  |  1.79  |  0.008  |  0.29  |  Infill  | Â
|  And  |  307.5  |  688.5  |  381.0  |  0.22  |  1.69  |  0.022  |  0.32  |  Expansion  | Â
|  30-1079  |  22.5  |  342.0  |  319.5  |  0.28  |  2.14  |  0.008  |  0.32  |  Infill  | Â
|  And  |  456.0  |  636.0  |  180.0  |  0.37  |  2.54  |  0.007  |  0.41  |  Expansion  | Â
|   (Including)   |   480.7   |   481.8   |   1.1   |   8.66   |   35.2   |     |  8.84  |  Expansion  | Â
|  30-1080  |  15.0  |  535.5  |  520.5  |  0.23  |  1.02  |  0.013  |  0.29  |  Infill  | Â
|  And  |  774.0  |  969.0  |  195.0  |  0.26  |  1.28  |  0.030  |  0.39  |  Expansion  | Â
|  30-1081  |  42.0  |  71.0  |  29.0  |  0.16  |  1.79  |   |  0.18  |  Infill  | Â
|  And  |  94.0  |  395.8  |  301.8  |  0.41  |  3.36  |  0.006  |  0.45  |  Infill  | Â
|   (Including)   |   322.3   |   330.0   |   7.7   |   1.99   |   14.58   |     |  2.08  |  Infill  | Â
|  And  |  445.5  |  490.0  |  44.5  |  0.23  |  1.32  |   |  0.28  |  Expansion  | Â
|  30-1084  |  5.6  |  477.0  |  471.4  |  0.25  |  1.95  |  0.009  |  0.30  |  Infill  | Â
|  And  |  522.6  |  578.0  |  55.4  |  0.33  |  2.64  |  0.041  |  0.51  |  Expansion  | Â
|  And  |  616.8  |  706.5  |  89.7  |  0.29  |  1.93  |  0.012  |  0.35  |  Expansion  | Â
|  30-1086  |  14.1  |  166.5  |  152.4  |  0.18  |  0.73  |   |  0.19  |  Infill  | Â
|  And  |  219.0  |  250.5  |  31.5  |  0.22  |  1.13  |   |  0.23  |  Infill  | Â
|  And  |  433.1  |  466.5  |  33.4  |  0.25  |  1.12  |   |  0.26  |  Infill  | Â
|  And  |  888.5  |  949.5  |  61.0  |  0.23  |  0.98  |  0.009  |  0.27  |  Expansion  | Â
|  30-1090  |  15.0  |  294.0  |  279.0  |  0.49  |  3.35  |   |  0.51  |  Expansion  | Â
|   (Including)   |   66.0   |   72.0   |   6.0   |   3.34   |   14.42   |   0.019   |  3.49  |  Expansion  | Â
|   (Including)   |   164.0   |   172.7   |   8.7   |   2.24   |   9.78   |     |  2.29  |  Expansion  | Â
|  And  |  331.5  |  357.0  |  25.5  |  0.24  |  1.96  |   |  0.26  |  Expansion  | Â
|  And  |  417.0  |  525.0  |  108.0  |  0.84  |  7.79  |   |  0.89  |  Expansion  | Â
|   (Including)   |  433.4  |  445.3  |  11.9  |  3.00  |  30.46  |   |  3.20  |  Expansion  | Â
Â
Notes: Please see explanatory notes below on copper equivalent values and Quality Assurance / Quality Control.
 Table 2: Drill hole locations Â
Â|  DDH No.  |  Azimuth (°)  |  Dip (°)  |  Length (m)  |  UTM E  |  UTM N  |  Elevation  | Â
| Â 30-1077 Â | ÂÂ 0 Â | ÂÂ -90 Â | ÂÂ 879 Â | ÂÂ 316400 Â | ÂÂ 5425987.8 Â | ÂÂ 637.7 Â | Â
| Â 30-1078 Â | ÂÂ 0 Â | ÂÂ -90 Â | ÂÂ 837 Â | ÂÂ 316300 Â | ÂÂ 5425903 Â | ÂÂ 608.4 Â | Â
| Â 30-1079 Â | ÂÂ 0 Â | ÂÂ -90 Â | ÂÂ 780 Â | ÂÂ 316298 Â | ÂÂ 5425814 Â | ÂÂ 584.3 Â | Â
| Â 30-1080 Â | ÂÂ 0 Â | ÂÂ -90 Â | ÂÂ 976 Â | ÂÂ 315500 Â | ÂÂ 5426425 Â | ÂÂ 580.0 Â | Â
| Â 30-1081 Â | ÂÂ 0 Â | ÂÂ -90 Â | ÂÂ 490 Â | ÂÂ 316505 Â | ÂÂ 5425800 Â | ÂÂ 584.9 Â | Â
| Â 30-1084 Â | ÂÂ 0 Â | ÂÂ -90 Â | ÂÂ 816 Â | ÂÂ 316397 Â | ÂÂ 5425889 Â | ÂÂ 606.9 Â | Â
| Â 30-1086 Â | ÂÂ 0 Â | ÂÂ -90 Â | ÂÂ 978 Â | ÂÂ 315500 Â | ÂÂ 5426320 Â | ÂÂ 580.0 Â | Â
| Â 30-1090 Â | ÂÂ 0 Â | ÂÂ -90 Â | ÂÂ 675 Â | ÂÂ 316477 Â | ÂÂ 5425532 Â | ÂÂ 565.7 Â | Â
Â
Drill hole 30-1090 intersected new mineralization located 105 metres south of the 2024 MRE model, returning 279.0 metres averaging 0.49% Cu and 3.35 g/t Ag  (including  8.7 metres averaging  2.24% Cu and 9.8 g/t Ag) ; a second intercept in this same hole (below the base of the 2024 MRE model) returned 108 metres averaging  0.84% Cu and 7.79 g/t Ag , extending mineralization to a vertical depth of 525 metres.
Drill hole 30-1078 (located in the south-central deposit) intersected 256.5 metres averaging 0.25% Cu and 1.79 g/t Ag , followed by a second intercept of 381.0 metres averaging 0.22% Cu and 1.69 g/t Ag , extending mineralization 280 metres below the base of the 2024 MRE model to a vertical depth of 688 metres.
ÂDrill hole 30-1079 (located in the south-central deposit) intersected 319.5 metres averaging 0.28% Cu and 2.14 g/t Ag , followed by a second intercept of 180.0 metres averaging 0.37% Cu and 2.54 g/t Ag , extending mineralization 307 metres below the base of the 2024 MRE model to a vertical depth of 636 metres.
ÂDrill hole 30-1081 (located in the south-central deposit) intersected 301.8 metres averaging 0.41% Cu and 3.36 g/t Ag (  including 7.7 metres averaging 1.99% Cu and 14.6 g/t Ag   at the level of the C Zone skarn ), followed by a second intercept of 44.5 metres averaging  0.23% Cu and 1.32 g/t Ag, extending mineralization 146 metres below the base of the 2024 MRE model to a vertical depth of 490 metres.
ÂDrill hole 30-1084, also located in the south-central portion of the deposit, intersected 471.4 metres averaging 0.25% Cu and 1.95 g/t Ag, followed by a second intercept at depth of 55.4 metres averaging  0.33% Cu and 2.64 g/t Ag, and a third deeper intercept of 89.7 metres averaging  0.29% Cu and 1.93 g/t Ag, extending mineralization 306 metres below the base of the 2024 MRE model to a vertical depth of 706 metres.
ÂDrill hole 30-1080 (located at the northwest end of the deposit) intersected 520.5 metres averaging 0.23% Cu and 1.02 g/t Ag , followed by a second intercept of 195.0 metres averaging  0.26% Cu and 1.28 g/t Ag , extending mineralization 418 metres below the base of the 2024 MRE model to a vertical depth of 969 metres.
ÂMineralization occurs as disseminations and veinlets of chalcopyrite and is mostly stratigraphically controlled in the area of Needle Mountain, Needle East, and Copper Brook. High molybdenum grades (up to 0.4% Mo) were locally obtained in both the C Zone and E Zone skarns. At least five vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier skarn/porcellanite-hosted mineralization throughout the Gaspé Copper system.
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 primary 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.
ÂAll holes were drilled sub-vertically into the altered calcareous stratigraphy, which dips 20 to 25 degrees to the north. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites (pale green to white potassic-altered hornfels) that host the bulk of the disseminated copper mineralization.
ÂThe 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.
  Explanatory note regarding copper-equivalent grades  Â
ÂÂ 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$4.00/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 consultant, is at "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% copper 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 copper, molybdenum and silver. 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, Northwest Territories, 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 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Â
ÂPhotos accompanying this announcement are available at:
ÂÂ https://www.globenewswire.com/NewsRoom/AttachmentNg/9056bd4b-e68d-4dd1-a787-1f3b346d2cde Â
ÂÂ https://www.globenewswire.com/NewsRoom/AttachmentNg/3e9ed8b2-4c21-47aa-9923-f5e30da77ff4 Â
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