Domestic Metals 2025 Year End Update Grants Stock Options
Globenewswire·2025-12-18 12:30

Core Viewpoint - Domestic Metals Corp. is preparing for a significant porphyry discovery program at the Smart Creek Copper Porphyry Project, with expectations for a transformative year in 2026 [2]. Project Overview - The Smart Creek Copper Porphyry Project, acquired in August 2024, is a joint venture with Rio Tinto, which retains 40% of the asset [3]. - Rio Tinto has drilled approximately 26 of the 40 permitted sites over 2.5 years, with notable results including 109.73 meters at 0.75% Cu, featuring 89 meters at 0.97% Cu [3]. Field Work and Target Identification - Initial fieldwork by Domestic included around 40 days of mapping, sampling, and prospecting, enhancing the Smart Creek, Sunrise Mine, and Radio Tower targets [4]. - The Sunrise Mine Target has been advanced to the drill testing phase due to the identification of a quartz vein stockwork returning 4.26 g/t gold, indicating a high-priority porphyry target [5]. Future Plans - A targeted geophysics program followed by a diamond drill program is scheduled for Q1 2026 to further explore the identified targets [2][4]. - Additional geochemistry results are pending, which will inform the drilling plans for the Sunrise Mine Target [5]. Management Engagement - The company plans to engage with shareholders and supporters at upcoming events, including the VRIC in Vancouver and the Investors Exchange at PDAC in Toronto [6]. Stock Options - The company has granted incentive stock options to directors, officers, and consultants to purchase up to 2,700,000 common shares at an exercise price of $0.25 per share, exercisable until December 27, 2030 [7]. Company Profile - Domestic Metals Corp. focuses on discovering large-scale copper and gold deposits in historically significant mining areas in the Americas [8]. - The Smart Creek Project is strategically located in Montana, known for its favorable mining conditions and widespread copper mineralization [9][10].

Domestic Metals 2025 Year End Update Grants Stock Options - Reportify