Domestic Metals Completes Surface IP Geophysical Survey at Smart Creek and Announces Amendment to Warrant Terms of Unit Private Placement

The most recent news (March 13, 2026) confirms the completion of a 26 line-km Induced Polarization (IP) geophysical survey at the Smart Creek project in Montana. The survey, conducted by TMC Geophysics, aimed to expand the existing geophysical footprint and "vector" toward the center of a suspected porphyry system. Management expressed confidence that this data will refine targets for a diamond drilling program scheduled to commence in mid-April 2026. Additionally, the company announced an amendment to warrant terms from a previous private placement, though specific details of the amendment were not fully disclosed in the summary.

The news is Routine - Positive. While the completion of geophysics is a necessary technical step, it is an incremental advancement that was previously signaled in the February 4, 2026, release. - Technical De-risking: The use of pole-dipole IP is standard for porphyry exploration to identify chargeable sulfide bodies. Modeling this data is critical for "hitting the bullseye" in the upcoming drill program. - Operational Readiness: The confirmation of a mid-April drill start date provides a firm timeline for the company's most significant catalyst. - Financial Context: The CEO confirmed the upcoming campaign is fully funded by the recent C$3.5M financing (closed at $0.28/unit), reducing immediate dilution risk before the first results are known.

Domestic Metals (formerly Norden Crown Metals) is focused on the Smart Creek Project in Montana, USA. The project is a joint venture where Domestic Metals can earn up to a 60% interest from Rio Tinto (Kennecott). The project is highly prospective for: - Porphyry Copper-Gold: Indicated by historical intercepts like 109.73m of 0.75% Cu. - Carbonate Replacement Deposits (CRD): High-grade silver-lead-zinc-gold potential, supported by the appointment of CRD expert Dr. Peter Megaw.