Mink Ventures Corporation Options Rankin Critical Minerals Project, Timmins

Mink Ventures Corporation announced an option agreement to acquire a 100% interest in the Rankin Critical Minerals Project from 2681891 Ontario Inc. The property comprises four claim units totaling approximately 86 hectares near Timmins, Ontario, situated within the Kam Kotia gabbro complex and prospective for nickel, copper, and cobalt.

Transaction consideration includes $175,000 in cash and 1,750,000 common shares payable over three years, plus a 2% Net Smelter Return (NSR) royalty. Mink retains the right to buy back 1% of the NSR for $1,000,000.

The property hosts two high-priority VTEM Maxwell Plate targets associated with a gravity high, warranting drill testing. Drilling at Rankin is scheduled for April 2027, following completion of programs at the Montcalm and Warren Phase 3 properties. The property is drill-ready and permitted.

Mink Ventures Corporation (MINK) announced a standard land acquisition and exploration step for a junior explorer, structured as a low-cost option with deferred cash payments and share issuances spread over three years. The deal includes a 2% NSR, a standard industry practice for early-stage property options, along with a buyback clause that provides future flexibility.

The announcement does not introduce new financial results, major financing, or unexpected operational breakthroughs. Instead, it aligns with the company's historical pattern of staking and optioning ground in the Timmins camp to build a drill-ready platform. Dilution from the 1.75M shares is incremental and expected given the company's capital needs, with no immediate impact on cash flow or working capital anticipated.

Mink Ventures Corporation (TSXV:MINK) is a Canadian critical minerals explorer focused on nickel, copper, and cobalt in the Timmins mining camp, Ontario. Its flagship assets are the 1,130-hectare Warren Ni-Cu-Co Project and the approximately 100 square kilometer Montcalm Ni-Cu-Co Project.

The Warren Project hosts multiple zones, including A, B, D, and North, which feature historical and recent drill intercepts indicating magmatic sulphide mineralization. Recent drilling highlighted hole W26-13, which returned 0.44% Ni, 0.28% Cu, and 0.06% Co over 7.1 meters in massive sulphide.

The Montcalm Project is adjacent to Glencore's historic Montcalm mine, which produced 3.93 million tonnes grading 1.25% Ni, 0.67% Cu, and 0.051% Co. The company is currently targeting a deep-seated 3-D borehole induced polarization (BHIP) anomaly at approximately 500 meters depth.

Both projects are permitted and drill-ready, benefiting from existing infrastructure and low geopolitical risk.