Domestic Metals Corp. Completes Surface IP Survey at Smart Creek and Announces Warrant Amendment
VANCOUVER, British Columbia – Domestic Metals Corp. (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E0) has successfully concluded an induced polarization (IP) geophysical survey at its Smart Creek copper-gold-silver project located in Montana. The survey, conducted by TMC Geophysics between February 6th and March 2nd, 2026, involved acquiring 26 line-kilometers of IP data using the pole-dipole electrode array. This initiative is part of the company's ongoing mineral exploration efforts to enhance the footprint of previous IP geophysics collected by Rio Tinto, with the goal of further delineating drill targets ahead of a planned diamond drilling campaign scheduled for the second quarter of 2026.
Expanding Exploration Footprint and Targeting Mineralization
The primary objective of the IP geophysical survey is to provide critical insights into the subsurface at Smart Creek by measuring chargeability and resistivity values, which help identify sulphide distributions and hydrothermal alterations. These geophysical features serve as independent verification tools for targets derived from surface geology and geochemistry. Domestic Metals is currently modeling the newly acquired data, and the results will be detailed in an upcoming news release. According to Gord Neal, CEO of Domestic Metals, "This new geophysical data will further assist us in vectoring toward the center of porphyry mineralization, which our geologists believe is the source of high-grade metal results observed at Smart Creek. With funding from our recent financing, we anticipate a successful drill campaign starting in mid-April."
Amendment to Warrant Terms for Private Placement
In a related development, Domestic Metals has announced an amendment to the warrant terms under its non-brokered private placement, initially disclosed on February 4, 2026. The company plans to issue up to 12,500,000 units at a price of $0.28 per unit, aiming to raise gross proceeds of up to $3,500,000. Each unit comprises one common share and one common share purchase warrant. Under the revised terms, each warrant now allows the holder to purchase one additional share at $0.40 per share over a three-year period from the issuance date, with no acceleration of the expiry date.
Technical Oversight and Corporate Focus
All scientific and technical information in this announcement has been reviewed and approved by Daniel MacNeil, P.Geo., a qualified person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Domestic Metals Corp. is a mineral exploration company dedicated to discovering large-scale copper and gold deposits in historically significant mining regions across the Americas.
