Drill Results
Germanium Mining Corp Plans Work Program for Drill Targeting at its Lac Du Km 35 Germanium Property

GMC · Price
Executive Summary
- Germanium Mining Corp. announced a new systematic exploration program for its 100% owned Lac Du Km 35 Germanium Property in Québec, focusing on the Faribault Shear Zone and associated electromagnetic anomalies.
- The program will begin with an airborne magnetic and electromagnetic survey, followed by detailed outcrop sampling and assaying in summer 2026, with potential diamond drill targets to be defined for testing in late fall 2026.
- The property hosts the historically significant Laganière germanium showing (0.02% Ge, 186 ppm), the highest reported germanium value from a Québec outcrop, underscoring its strategic importance.
Key Details
- Property Overview: Lac Du Km 35 lies in the Chibougamau area of Québec and contains the Faribault Shear Zone (FSZ) oriented east‑southeast, intersecting peridotite outcrops with historic germanium values of 0.02% (186 ppm).
- Historical Context: The Laganière showing was discovered in 1998, never followed up, and remains the highest germanium assay from a Québec outcrop. It is located adjacent to a ~400 m × 400 m cluster of unexplored electromagnetic anomalies.
- Planned Airborne Survey: A modern, highly sensitive magnetic and electromagnetic airborne survey will cover the entire 6 km × 2.5 km priority area to:
- Refine the position of the FSZ;
- Identify additional shear zones or conductive structures that may host germanium‑associated mineralization;
- Detect new electromagnetic anomalies.
- Summer 2026 Field Work: After data interpretation, a comprehensive outcrop sampling and assaying program will be executed, targeting:
- The Laganière showing;
- Electromagnetic anomaly cluster;
- Additional shear‑zone intersections identified by the survey.
- Drill Target Development: Assay results are expected to enable the definition of diamond drill targets, with drilling planned for late fall 2026.
- Strategic Rationale: Germanium is a critical metal with growing demand in electronics, solar, fiber optics, and infrared optics; spot prices exceed US $5,000 per kilogram. Recent export bans by China heighten the strategic value of domestic sources.
- Qualified Person: Benoit Moreau, P.Eng., VP Exploration, reviewed and approved all technical information per NI 43‑101.
Notable Quotes
“We are extremely excited to be advancing the Lac du Km 35 Property with a modern, systematic work program designed to unlock its full germanium potential,” – Mario Pezzente, CEO & Director, Germanium Mining Corp.
All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.
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Jun 23, 2026 · 03:05