Wolfspeed(US:WOLF) Thenewswire·2025-12-15 11:10Core Viewpoint - Total Metals Corp. has filed a technical report for the High Lake – West Hawk Lake Project, confirming the mineral resource estimate for the Purdex Zone, which is essential for compliance with TSX Venture Exchange requirements [1][2]. Group 1: Technical Report Details - The technical report, titled "Technical Report and Mineral Resource Estimate of the High Lake - West Hawk Lake Gold Project," has an effective date of November 30, 2025, and confirms the current mineral resource estimate for the Purdex Zone [2]. - The mineral resource estimate (MRE) for the Purdex Zone is classified according to CIM Definition Standards, with an indicated resource of 152,000 tonnes at an average grade of 9.38 g/t Au, totaling 45.8 k oz Au, and an inferred resource of 287,000 tonnes at 10.43 g/t Au, totaling 96.2 k oz Au [3][4]. Group 2: Mining Potential - The mineralized zone at the Purdex Zone extends to the surface, indicating potential for early mining through open-pit methods. Two feasible pit options have been reviewed, with subsets of mineral resources outlined for potential exploitation [5][6]. - The first pit option has an indicated resource of 22,000 tonnes at 6.36 g/t Au (4.5 k oz Au) and an inferred resource of 3,000 tonnes at 5.25 g/t Au (0.5 k oz Au). The second pit option has an indicated resource of 45,000 tonnes at 4.47 g/t Au (6.5 k oz Au) and an inferred resource of 7,000 tonnes at 3.65 g/t Au (0.8 k oz Au) [7]. Group 3: Company Overview - Total Metals Corp. is focused on its 100% owned Electrolode Project, covering over 3,300 hectares in northwestern Ontario, targeting critical minerals and gold resources. The project is strategically located near major mines and is fully permitted for exploration drilling [10]. - The company also owns the High Lake and West Hawk Lake Project, covering 958 hectares along the Manitoba/Ontario border, with significant exploration potential in the Purex Zone [10].