Mink Ventures conducting fieldwork at Montcalm, Warren

Executive Summary

• Mink Ventures Corp. has initiated preparatory fieldwork for upcoming fall and winter drill programs at its Montcalm and Warren Ni-Cu-Co projects in Timmins, Ontario, following a recent private placement financing.
• At the Montcalm property, crews are assessing access routes and water sources for a deep drill hole targeting a coincident VTEM, magnetic, gravity, and 3-D borehole induced polarization anomaly located approximately 500 meters below surface.
• At the Warren property, crews are ground-truthing historical drill holes in the A and B zone areas to optimize positioning for testing strong Mise-a-La Masse anomalies associated with significant Ni-Cu-Co values.

Key Details

• Montcalm Project Preparation:
  • Focus is on determining access routes for a planned deep drill hole.
  • Locating and flagging the most efficient water source for the program.
  • Target: A coincident airborne VTEM (versatile time domain electromagnetic) anomaly, mag, gravity, and 3-D borehole induced polarization anomaly.
  • Target Depth: Approximately 500 metres below surface.
• Warren Project Preparation:
  • Several priority target areas are being tested.
  • Primary target: A and B zone areas, which feature an extremely strong and extensive Mise-a-La Masse anomaly outlined during the summer program.
  • This anomaly is associated with significant nickel, copper, and cobalt values found in surface trenches and recent drilling.
  • Current activity: Ground truthing the location of historical drill holes in the A/B zone with significant Ni-Cu values to facilitate optimum positioning of new drill holes to evaluate geophysical responses from the recent Mise-a-La Masse survey.
• Timeline:
  • Drilling is anticipated to commence in mid-November.
  • Timeline is subject to drill availability and mobilization timelines of the contractor.
• Administrative Change:
  • The company has changed its auditor from McGovern Hurley LLP to Jones & O'Connell LLP.
• Qualified Person:
  • Kevin Filo, PGeo (Ontario), approved the technical information. He is a director of the company.

Notable Quotes

• No direct quotes from management were included in the release text provided.