Northwire Canada EditionThursday, July 16, 2026
Northwire
CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
Drill Results

Domestic Metals expands Smart Creek exploration budget

DMCU · Price

Executive Summary

  • Domestic Metals Corp. has expanded its exploration targeting budget at the Smart Creek copper project following high-grade surface sampling results, confirming the presence of porphyry, epithermal, and carbonate replacement deposit styles.
  • The company has scheduled follow-up diamond drilling for April 2026 to test new targets, including a western porphyry extension, a new porphyry system east of the Sunrise mine, and Radio Tower carbonate replacement lenses.
  • The company entered into a $300,000 marketing agreement with Machai Capital Inc. and provided clarification regarding the engagement and fees of technical advisor Michael Pound.

Key Details

  • Exploration Results (Surface Sampling):
    • Sample G019235: 74.7 g/t Au, 13.8% Cu, and 3,810 g/t Ag.
    • Sample G019007: 102 g/t Au.
    • Sample G019001: 30.4 g/t Au.
    • Sample G019353: 26.6 g/t Au.
    • Sample G019225: 23.1% Cu and 424 g/t Ag.
    • Sample G019031: 19.65% Cu and 458 g/t Ag.
    • Sample G019038: 19.05% Cu and 582 g/t Ag.
  • Drilling Plans:
    • Follow-up diamond drilling is scheduled for April 2026.
    • Smart Creek Porphyry Target: Drilling will test a robust exploration target west of the historical drilling footprint, leveraging historical data and new surface geochemical/geological data.
    • Sunrise Porphyry Target: Drilling will test the depth extent of mineralized porphyry dikes exposed at surface, approximately 1 km east of the past-producing Sunrise mine, interpreted as the top of a new porphyry system.
    • Radio Tower CRD Targets: Drilling will test previously unrecognized semi-massive and massive sulphide carbonate replacement deposit (CRD) lenses. This testing is contingent upon the completion of a second round of permitting for the project.
  • Marketing Agreement:
    • Entered into an agreement with Machai Capital Inc. dated Feb. 27, 2026.
    • Services include public awareness, digital media marketing, social media amplification, and targeted investor communications.
    • Consideration: $300,000 plus GST.
    • Term: Two-month period commencing immediately.
    • Machai is arm's length to the company; neither Machai nor its principal Suneal Sandhu holds any interest in the company.
    • Engagement is subject to TSX-V approval.
  • Technical Advisor Engagement (Michael Pound):
    • Clarification provided per TSX-V request regarding previous releases.
    • Engaged on Feb. 17, 2025.
    • Fees were $5,000 per month initially, increasing to $7,500 per month in May 2025.
  • Technical Information:
    • Reviewed and approved by Daniel MacNeil, PGeo, a qualified person under National Instrument 43-101.

Notable Quotes

  • No direct quotes from the CEO or President were included in the provided text.
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