Silicon Metals setting up at Maple-Birch

Executive Summary

• Silicon Metals Corp. has announced the mobilization at its Maple-Birch high-purity quartz pegmatite project in the Sudbury mining district of Ontario, Canada.
• The company has engaged a contract mining company to establish ground access for larger equipment and has begun setting up its technical team and equipment in the region to improve logistics.
• CEO Morgan Good stated that this mobilization is a major operational step forward, with potential for partnerships and future cash flow expected in late 2025 into 2026.

Key Details

• Project Location: Maple-Birch project, located approximately 30 kilometres southeast of Sudbury, Ontario, Canada.
• Project Status: Production permitted; mobilization is currently under way.
• Operational Activities:
  • Multiple assessment missions have been completed to establish ground access for larger equipment.
  • A contract mining company has been engaged to assist with ongoing efforts.
  • Several hundred kilograms of samples have been collected from the project.
  • Samples are planned for advanced metallurgical testing.
  • Technical team and equipment are being set up on the ground in the Sudbury area.
• Strategic Context: The company views a growing footprint in the Sudbury mining district as strategically important due to the region's richness in critical and industrial minerals.
• Asset Characteristics: The Maple-Birch project is a high-purity quartz pegmatite body that shares characteristics with the Spruce Pine mine in North Carolina, a globally important source of pure quartz, feldspar, and mica.
• Production Permit: The Maple-Birch project holds a 3,000-tonne-per-year production permit.
• Future Outlook: The company anticipates opportunities for partnerships with processing and refining groups, potentially leading to cash flow in late 2025 into 2026.

Notable Quotes

• "Silicon is excited to launch the mobilization at our Maple-Birch asset in Ontario, which clearly signifies a major step forward operationally for the company. The opportunity this project provides over the course of late 2025 into 2026 presents many potential partnerships with processing and refining groups, which can, if executed, lead to possible cash flow in the future." — Morgan Good, Chief Executive Officer and Director