Mink Ventures Receives OJEP Grant of $93,365
Strategic Ontario Grant Buffers Balance Sheet as Mink Intersects Massive Sulphides at Warren

The most recent news (March 31, 2026) announces that Mink Ventures has received a non-dilutive grant of $93,365.81 from the Ontario Junior Exploration Program (OJEP). This funding is specifically for the Warren Ni-Cu-Co project. Concurrently, the company confirmed that its recent 8-hole drill program at Warren intersected mineralization in every hole. The standout result was hole W26-13, which returned 7.1 meters of 0.44% Ni, 0.28% Cu, and 0.06% Co, including a higher-grade core of 4.0 meters at 0.58% Ni. The company is now moving to acquire historical VTEM data and perform Maxwell plate analysis to refine targets for a larger summer drill campaign.
The impact is Routine - Positive. While the drill results (0.44% Ni over 7.1m) are technically successful in proving the presence of a magmatic sulphide system, the grades are relatively low for "massive sulphides" and do not yet suggest an economic discovery. However, the news is positive for three reasons: - Non-Dilutive Capital: The $93k grant is significant for a company that had only $79k in cash as of September 2025. It covers a portion of past exploration costs, effectively extending the current runway. - System Consistency: Intersecting mineralization in 100% of the holes (8 for 8) at the A and D zones suggests a robust, predictable system, even if the "sweet spot" of higher grades hasn't been hit yet. - Strategic Data Acquisition: Purchasing historical VTEM data is a cost-effective way to generate new targets without the high cost of flying new surveys.
Mink Ventures is a junior explorer focused on critical minerals (Ni-Cu-Co) in the Timmins, Ontario region. - Flagship Project: The Warren Project (1,130 hectares). It is located 35km west of Timmins and is adjacent to the Montcalm project. It features known nickel-copper-cobalt mineralization across several zones (A, B, D, and North). - Secondary Project: The Montcalm Project, where Mink has an option to earn an 80% interest. It is located near the former Glencore Montcalm Mine.