Mink Ventures Completes Drilling at Warren Project; Moves Drill to Montcalm Ni Cu Co Project
TORONTO, Feb. 03, 2026 — Mink Ventures Corporation (TSXV:MINK) has announced the completion of its diamond drilling program at the Warren Ni Cu Co Project, located in Timmins, Ontario. The company successfully drilled eight holes, totaling 346 meters, to test priority nickel and copper targets at the A Zone and D Zone.
Drill core from the Warren Project is currently being logged, split, and prepared for assay analysis. Preliminary reports indicate that the program intersected significant sulphide mineralization in several drill holes. Assay results will be released to the public as soon as they are received and verified.
Transition to Montcalm Property
With the Warren drilling concluded, Mink Ventures is now shifting its winter drill program to the Montcalm Property. This substantial property covers approximately 100 square kilometers and is situated about 30 kilometers northwest of the Warren Project.
The Montcalm project is located within the Montcalm Gabbro Complex and is adjacent to Glencore's former Montcalm Mine. Historical data from the Ontario Geological Survey shows that the Montcalm Mine produced 3.93 million tonnes of ore, grading 1.25% nickel, 0.67% copper, and 0.051% cobalt.
Objectives at Montcalm
The primary objective of Mink's drill program at Montcalm is to test a deep-seated, high-priority target identified through 3D Borehole Induced Polarization surveys. This target is supported by coincident airborne VTEM, gravity, and magnetic responses and is located approximately 500 meters below the surface.
Mink Ventures aims to explore this target with a proposed borehole drilled at an angle of -88 degrees to a depth of 600 meters, as outlined in their technical plans.
Company Background and Projects
Mink Ventures Corporation is a Canadian mineral exploration company focused on discovering critical minerals, including nickel, copper, and cobalt. The company's projects are strategically located in the Timmins, Ontario area, known for its rich mining history and infrastructure.
Key details about Mink's projects include:
- The Warren Ni Cu Co Project covers 1,130 hectares and is situated 35 kilometers from the Montcalm Property.
- Both the Warren and Montcalm projects are drill-ready, permitted, and benefit from excellent access and infrastructure, including all-weather roads and power.
- The proximity to the Timmins Mining Camp provides access to skilled labor and facilities, enhancing operational efficiency.
The company currently has 33,606,719 common shares outstanding and continues to advance its exploration activities with a focus on sustainable resource development.
Qualified Person Statement
The technical information disclosed in this release has been approved by Mr. Kevin Filo, P. Geo. (Ontario), a qualified person as defined by National Instrument 43-101. Mr. Filo, who is also a director of Mink Ventures, has overseen the exploration plans and data verification.
For further information, refer to Mink's press releases dated September 10 and November 5, 2025, as well as January 20, 2026, available through regulatory filings.
Forward-looking statements in this press release involve risks and uncertainties, including factors related to metal prices, drilling results, funding, and regulatory approvals. Investors are advised to review Mink's filings with Canadian securities regulators for detailed risk assessments.
