Drill-ready copper-gold discovery potential in the Pacific Ring of Fire
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Sankamap Metals is advancing two 100 percent-owned, drill-ready copper-gold assets in the Solomon Islands, one of the last underexplored regions of the Pacific Ring of Fire. With active drilling underway at Kuma, multiple drill-ready targets at Fauro, and a leadership team that has collectively raised more than $1 billion, the company offers investors exposure to near-term discovery catalysts in a proven mineral belt.
Overview
Sankamap Metals (CSE:SCU) is a Canadian exploration company focused on advancing the Oceania Project, a copper-gold exploration portfolio located in the Solomon Islands. The company controls two 100 percent-owned assets, Kuma and Fauro, situated within one of the last underexplored regions of the Pacific Ring of Fire, a globally significant belt known for hosting major porphyry and epithermal mineral deposits.
The company’s projects are strategically positioned along the same regional mineral trend as world-class deposits, including Newmont’s 71.9 Moz Lihir gold mine. Despite the region’s demonstrated mineral endowment, large areas remain underexplored, creating an opportunity for new copper-gold discoveries.
Sankamap’s asset portfolio combines high-grade historical results with compelling large-scale exploration targets. Kuma hosts a kilometre-scale copper-gold anomaly and historical grab samples returning up to 11.7 percent copper and 13.5 g/t gold. Fauro hosts seven identified prospects and has delivered historical results including grab samples up to 173 g/t gold, trench results of 8 metres grading 27.95 g/t gold and drill intercepts including 35 metres at 2.08 g/t gold.
The company is led by an experienced management and technical team with extensive backgrounds across major and junior mining companies. Through the Metals Group platform, the leadership team has collectively raised more than $1 billion in public and private markets and is advancing a fully funded 2026 exploration program highlighted by active drilling at Kuma and planned exploration activities at Fauro.
Company Highlights
- Two 100 percent owned drill-ready assets: The Oceania Project comprises the Kuma and Fauro copper-gold properties in the Solomon Islands.
- Exceptional historical results: Exploration has returned values of up to 11.7 percent copper and 13.5 g/t gold at Kuma, 173 g/t gold at Fauro, and drill intercepts including 35 metres grading 2.08 g/t gold.
- Located along a proven mineral trend: The projects are situated within the same regional copper-gold belt that hosts major deposits including Newmont’s 71.9 Moz Lihir gold mine.
- One of the last underexplored Ring of Fire jurisdictions: The Solomon Islands, remains largely underexplored despite hosting geological characteristics associated with major porphyry and epithermal systems.
- Large-scale discovery potential: Kuma hosts a kilometre-scale copper-gold anomaly and geophysical signatures consistent with porphyry-style mineralization, while Fauro contains seven identified prospects with multiple high-grade epithermal and porphyry-style targets.
- Active 2026 exploration program: The inaugural drill campaign is underway at Kuma, with additional exploration planned at Fauro.
- Experienced metals group leadership: Management and directors have collectively raised more than $1 billion and have a track record of building successful mining companies and generating shareholder returns.
Key Projects
The Oceania Project consists of the Kuma and Fauro properties, two 100 percent-owned copper-gold assets positioned within a highly prospective segment of the Pacific Ring of Fire. Together, the projects provide exposure to both porphyry copper-gold and epithermal gold mineralization styles in a region that remains significantly underexplored relative to its geological potential.
Kuma Property
The 43 square kilometre Kuma property is located approximately 37 kilometres southeast of Honiara on Guadalcanal Island and is considered a drill-ready porphyry target with potential for a large-scale mineralized system. Historical sampling returned values of up to 11.7 percent copper and 13.5 g/t gold, while exploration has defined a kilometre-scale copper-gold geochemical anomaly across the property.
Recent geophysical programs have identified resistive and conductive features consistent with porphyry-style mineralization and helped refine priority drill targets. Exploration has also identified a large alteration system and evidence of a potential porphyry copper-gold deposit that remains untested by drilling. The inaugural drill campaign is now underway, representing the first modern test of this highly prospective target.
Fauro Property
The 147 square kilometre Fauro property hosts a high-potential epithermal gold system with indications of a porphyry system at depth. Formed by the collapse of the Fauro calc-alkaline volcano, the property contains seven identified prospects, including three drill-ready targets and four additional exploration targets.
Historical exploration has produced significant gold results, including grab samples up to 173 g/t gold, trench results of 8 metres at 27.95 g/t gold, and drill intercepts of 35 metres at 2.08 g/t gold. Multiple targets, including Meriguna, Ballyorlo and Kiovakase, remain open for further exploration, while recent sampling returned values of up to 19.25 g/t gold and up to 4 percent copper, supporting the potential for both epithermal and porphyry-style mineralization.
With active exploration programs, multiple drill-ready targets, and exposure to one of the world’s most prospective yet underexplored copper-gold regions, the Oceania Project offers investors several near-term discovery opportunities.
Management Team
John Florek – Chief Executive Officer
John Florek is a professional geologist with more than 30 years of technical and senior management experience in the mining industry. He has worked with major mining companies including BHP, Placer Dome, Barrick, Teck, Detour Gold, Kirkland Lake Gold and Agnico Eagle, helping identify and advance projects from grassroots exploration through development. He currently serves on the board of McEwen Mining and is CEO, president and director of Emperor Metals.
John Williamson – Chairman, Co-Founder and Director
John Williamson is a professional geologist with more than 35 years of experience in the global mining sector. Founder of the Metals Group and more than 20 successful companies, he has raised over $1 billion through public and private markets and has established a strong track record of creating value and delivering shareholder returns.
Sean Mager – CFO and Director
Sean Mager brings more than 30 years of experience in the global mining industry, with expertise spanning corporate development, stakeholder relations, regulatory affairs, finance and operations. He is a co-founder of the Metals Group and has been involved in numerous successful mining ventures.
Krystle Adair – Vice President, Exploration
Krystle Adair is a professional geologist with more than 13 years of exploration experience across the Americas. She has managed exploration programs covering multiple deposit types in Canada, the United States and Peru and is a registered professional geologist in British Columbia.
Arthur Hannett – Director
Arthur Hannett is a professional engineer with more than 17 years of mining industry experience. He has worked with major operators including Placer Dome, Barrick, Glencore and Agnico Eagle and brings valuable regional experience as a national of Bougainville Island, Papua New Guinea.
Donald Marahare – Director
Donald Marahare is a seasoned legal professional with more than 20 years of experience in the Solomon Islands. As principal of DNS & Partners Law Firm, he has extensive expertise in civil litigation and commercial law and provides important local legal and governance insight to the company.
