Constantine Announces Issuance of Stock Options

Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") announces the issuance of 2,121,250 stock options with an exercise price of $0.30 cents per share for the purchase of up to 2,121,250 shares of the Company, expiring October 25, 2026. The stock options are being issued to directors, officers and employees of the Company and are subject to approval by regulatory authorities.

About the Company

Constantine is a Canadian based mineral exploration company led by an experienced and proven technical team with a focus on the Palmer base metal project in southeast Alaska. The Palmer project is being advanced as a joint venture between Constantine (~46.6%) and Dowa Metals & Mining Co., Ltd. (~53.4%), with Constantine as project operator. The Dowa-Constantine partnership was initiated in 2013 and completed a positive Preliminary Economic Assessment (PEA) in 2019. The Palmer Joint Venture partnership is focused on advancing the Palmer project to feasibility while continuing exploration to build additional resources in this world class mining district.

In 2019, Constantine successfully spun-out its gold assets into HighGold Mining Inc. that included the high-grade Johnson Tract gold project in south-central Alaska, the Munro-Croesus Gold property renowned for its high-grade mineralization and other gold properties in the Timmins area, Ontario. In 2020, Constantine's 100% owned Big Nugget Gold project, located 8 kilometers east of the Palmer Project, was recognized as a potential gold lode source area, immediately upstream from the +80,000 ounce gold Porcupine Placer operations. In May 2021, Constantine announced the acquisition of the Bouse Cu-Au Property in southwest Arizona, that will be explored for its copper-gold potential.

Management is committed to providing shareholder value through discovery, meaningful community engagement, environmental stewardship, and responsible mineral exploration and development activities that support local jobs and businesses. Please visit the Company's website (www.constantinemetals.com) for more detailed company and project information.

Please visit the Company's website (www.constantinemetals.com) for more detailed company and project information.

On Behalf of Constantine Metal Resources Ltd.

"Garfield MacVeigh"

President

For further information please contact:
Garfield MacVeigh, President
Phone: 604-629-2348. Email: info@constantinemetals.com

Note:

Neither the 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100698

News Provided by Newsfile via QuoteMedia

The Conversation (0)
"inn eagle mountain"

Constantine Metal Resources

A Base and Precious Metal Exploration Company with Exceptional Assets

A Base and Precious Metal Exploration Company with Exceptional Assets Keep Reading...
Steve Barton: Gold, Silver Price Correction — When to Buy, What's Next

Steve Barton: Gold, Silver Price Correction — When to Buy, What's Next

Steve Barton, host of In It To Win It, weighs in on the pullback in gold and silver prices, sharing where the floors could be for both precious metals. In his view, the correction is healthy and will lead to higher levels in the future. Don't forget to follow us @INN_Resource for real-time... Keep Reading...
Stamp on white paper with "revoked" in red; blurred documents in the background.

Mali Revokes 90 Mining Permits, Tightening Control on Sector

Mali’s military-led government has revoked more than 90 mining exploration permits due to alleged non-compliance with the country’s new legal requirements.An official decree signed by Mines Minister Amadou Keita on October 13 announced the revocation of permits issued between 2015 and 2022 for... Keep Reading...
Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Price Consolidates Just Under US$4,000 as Fed Cuts Rates

The US Federal Reserve held its seventh meeting of 2025 from Tuesday (October 28) to Wednesday (October 29) amid growing division between doves and hawks as job market growth slows and inflation concerns rise. The central bank met analysts’ expectations by lowering the federal funds rate by 25... Keep Reading...
Brixton Metals Makes Copper-Gold Porphyry Discovery at the Catalyst Target on its Thorn Project

Brixton Metals Makes Copper-Gold Porphyry Discovery at the Catalyst Target on its Thorn Project

Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the " Company " or " Brixton ") is pleased to announce the discovery of a new copper-gold porphyry system at the Catalyst Target within its wholly owned Thorn Project located in northwestern British Columbia. The Thorn Project is an... Keep Reading...
Dr. Mark Thornton: Gold Ringing Alarm Bells, Silver Setting Up to Skyrocket

Dr. Mark Thornton: Gold Ringing Alarm Bells, Silver Setting Up to Skyrocket

Dr. Mark Thornton, senior fellow at the Mises Institute, discusses the factors that have taken the gold price to all-time highs. In his view, the key driver is government actions like overspending, borrowing and money printing, none of which are likely to abate soon. He also shares his bullish... Keep Reading...

Latest Press Releases

Related News