Domestic Metals
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domestic metals Overview
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.
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).
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.
Detailed Quote
Smart Creek Project – Montana, USA
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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