Highlights: Metal Energy has received results for a 60 km2 ground-based AMT survey covering the eastern part of Highland Valley project. AMT maps intrusive phases of the Guichon Creek Batholith, which hosts Canada's largest copper mine - Teck's Highland Valley Copper operation. Based on the results, Metal Energy has identified seven targets, including high-priority Zone 2 and Zone 1. Metal Energy Corp. is pleased to [...]
Metal Energy Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $1,000,000. Proceeds from the Offering will be used for an upcoming program on Metal Energy's Highland Valley Copper Project. About Highland Valley Copper Project The Offering consisted of the sale of 8,800,000 flow-through units of the Company at a price of $0.05 per FT Unit [...]
Metal Energy Corp. is pleased to announce that it has upsized its previously announced non-brokered private placement to accommodate strong investor demand. The Offering will now consist of aggregate gross proceeds of up to $1,000,000. Other than the upsize of the Offering, all other details of the non-brokered financing remain as disclosed in the news release of the Company issued on December 4th, 2024. The Offering [...]
Metal Energy Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $500,000. Proceeds will be used for an upcoming program on Metal Energy's Highland Valley Copper Project and general working capital. The Offering consists of any combination of units of the Company at $0.04 per unit and flow-through units of the Company at a price of $0.05 per FT [...]
Highlights: Exploration program lead by geologist Charlie Greig and team. A multi-phase approach, including geophysics, will be used for priority target identification, culminating in a drill program in 2025. Phase 1 covers the most prospective areas of the Highland Valley project and will include a Ground AMT survey, a new application that could be highly effective in the Highland Valley district. [...]
Highlights: Metal Energy now owns 100% of the Highland Valley Copper Project. Project is adjacent to Teck's Highland Valley Copper Mine, Canada's largest copper mine. Partnering with team led by geologist Charlie Greig to introduce new exploration ideas to this historic district. Extensive mineralization identified in Zones 1 and 2 along trend from Teck's HVC. Metal Energy Corp. is pleased to announce the closing of its [...]
Metal Energy Corp. is pleased to announce a next step in its growth, having entered into an arm's length asset purchase agreement with Happy Creek Minerals Inc. . dated October 2, 2024, as amended pursuant to an amending agreement dated October 3, 2024, to acquire the 100%-owned Highland Valley Copper Project in British Columbia.. The Highland Valley Project spans 240 km² in southern British Columbia. With its proximity [...]
Metal Energy Corp. is pleased to announce that it has entered into an amendment agreement with Mistango River Resources Inc. wherein the Company and Mistango agreed to amend a mining property call option agreement dated October 28, 2022 . The Call Option Agreement grants the Company the option to re-acquire a 15% interest in 19 mining claims in the Province of Manitoba . Pursuant [...]
Metal Energy Corp. is pleased to release the brine and lithogeochemical results from two brine reservoirs intersected in the Company's first drill hole at the SourceRock project near Thunder Bay, Ontario. The brine results identified Total Dissolved Solids concentrations increasing with depth and seem to correlate well with rock types. Importantly, concentrations of sodium and potassium , including calcium , increase [...]
Metal Energy Corp. has identified two brine reservoirs with lithium potential at the SourceRock lithium brine project near Thunder Bay, Ontario. "Downhole geophysical surveying has identified two discrete brine reservoirs in drill hole SR-24-01; an upper zone from 151 m to 165 m and a lower zone from 474 m to 520 m . We believe these two reservoirs are stratigraphically continuous with salt-endowed historic drill hole [...]
Metal Energy Corp. is pleased to announce that the planned diamond drill and brine testing program has started at the SourceRock lithium brine project near Thunder Bay, Ontario. "This is an exciting time for us as we've officially started drilling SourceRock, Ontario's first lithium brine project. Scientific evidence supports the concept that SourceRock has lithium brine potential. We know we have brine; we need to [...]
Metal Energy Corp. is pleased to announce that it has been selected to receive up to $200,000 from the Ontario Junior Exploration Program to further advance its exploration efforts at the SourceRock lithium brine project near Thunder Bay, Ontario. "We are thrilled to receive this OJEP non-dilutive grant to help initiate our exploration efforts on SourceRock, Ontario's first lithium brine project. The OJEP funds leverage [...]
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