en.Wedoany.com Reported - Canadian mineral exploration company Domestic Metals Corp. (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E0) plans to commence a 9,000-meter drilling program at its Smart Creek copper-gold-silver project in Montana, USA, by the end of April 2026. The program will cover 36 drill holes across three targets: Sunrise, Smart Creek, and Radio Tower. This drilling plan is based on the results of a recently completed induced polarization (IP) geophysical survey. The survey identified a 2.5-kilometer-long chargeability anomaly within the project area, significantly enhancing the confidence in previously defined targets.
The IP survey was conducted by TMC Geophysics from February 6 to March 2, utilizing a pole-dipole array and covering 26 line-kilometers. Survey data suggests the chargeability anomaly may represent secondary sulfide mineralization associated with porphyry copper, carbonate replacement (CRD), or skarn-type deposits. This area has not been drill-tested previously. Notably, at the Smart Creek Exotic target, newly added survey lines filled gaps in Rio Tinto's 2021 IP data, revealing a 2.5-kilometer-long chargeability feature extending from northwest to southeast, from Smart Creek to the southern Smart Creek Exotic target, and extending west of previous historical drilling. This area has become another high-priority porphyry copper drilling target.
Domestic Metals Corp. focuses on discovering large-scale copper-gold deposits in historically significant mining districts across the Americas. Through an option agreement with Rio Tinto, the company can earn up to a 60% interest in the Smart Creek project, with Rio Tinto retaining a 40% interest and providing technical support. The company's management team includes Gordon Neal, a founding member of MAG Silver (later acquired by Pan American Silver Corp.), who subsequently served as Vice President of Corporate Development at Silvercorp Metals and President of New Pacific Metals. According to the company, Neal has raised over CAD $750 million in the resource sector. The advisory board includes geologists Dan MacNeil and Alan Wainwright, as well as technical advisor Dr. Peter McGraw, who has been involved in multiple mineral discoveries in Mexico (including MAG's Juanicipio mine).
Montana has a long-standing mining history. According to the Fraser Institute's latest Mining Jurisdiction Survey, Montana's Policy Perception Index score is 69 out of 100, measuring overall policy attractiveness. Company geological advisor Alan Wainwright stated in a webinar on April 14th that permits for spring drilling have been fully obtained, and the permitting process was "relatively quick" compared to some areas in the western US where securing a single drill permit can take years. According to IBISWorld data, in 2018, the mining industry contributed nearly $2 billion to Montana's GDP and employed over 12,000 people.
This drilling program aims to verify the porphyry copper and CRD-type mineralization anomalies identified by the IP survey, providing geological basis for subsequent resource evaluation and development decisions.
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