The Right of First Refusal acquisition provides a clear path to 100% ownership of a fully permitted, district-scale copper-gold porphyry target ROFR strengthens long-term optionality of NIV, ensuring Metal Energy can match any third-party offer and consolidate the Property by matching terms NIV represents one of BC's most compelling undrilled porphyry copper-gold- targets; it features extensive high tenor copper- and [...]
Highlights: NIV hosts extensive and coincident soil geochemical, Induced Polarization , and magnetic anomalies in a favourable geological setting that represents one of BC's most compelling undrilled porphyry copper-gold-molybdenum targets NIV had been advanced and funded privately for 10 years by Charlie Greig and Alex Walcott NIV is in the Toodoggone District - similar geology to the Aurora and Aurora West discoveries [...]
Metal Energy Corp. is pleased to announce an update on its Projects, as well as a corporate update. New Opportunities Metal Energy continues to evaluate additional acquisition opportunities to build on its portfolio of high-quality assets in prolific mining jurisdictions, such as the Highland Valley District and the Thompson Nickel Belt. Corporate Update The Company is pleased to announce a consolidation of its [...]
Highlights: Infill and reconnaissance geophysical surveys planned at Highland Valley. Metal Energy to leverage historical IP surveys to cost effectively focus and rank exploration targets. 9-month extension to all Highland Valley acquisition milestone payments. Metal Energy Corp. is pleased to provide an update on its exploration plans at its Highland Valley Project . Geophysical Exploration Target Refinement in the [...]
Highlights: Metal Energy has received results for a 60 km2 ground-based AMT survey covering the eastern part of Highland Valley project. AMT maps intrusive phases of the Guichon Creek Batholith, which hosts Canada's largest copper mine - Teck's Highland Valley Copper operation. Based on the results, Metal Energy has identified seven targets, including high-priority Zone 2 and Zone 1. Metal Energy Corp. is pleased to [...]
Metal Energy Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $1,000,000. Proceeds from the Offering will be used for an upcoming program on Metal Energy's Highland Valley Copper Project. About Highland Valley Copper Project The Offering consisted of the sale of 8,800,000 flow-through units of the Company at a price of $0.05 per FT Unit [...]
Metal Energy Corp. is pleased to announce that it has upsized its previously announced non-brokered private placement to accommodate strong investor demand. The Offering will now consist of aggregate gross proceeds of up to $1,000,000. Other than the upsize of the Offering, all other details of the non-brokered financing remain as disclosed in the news release of the Company issued on December 4th, 2024. The Offering [...]
Metal Energy Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $500,000. Proceeds will be used for an upcoming program on Metal Energy's Highland Valley Copper Project and general working capital. The Offering consists of any combination of units of the Company at $0.04 per unit and flow-through units of the Company at a price of $0.05 per FT [...]
Highlights: Exploration program lead by geologist Charlie Greig and team. A multi-phase approach, including geophysics, will be used for priority target identification, culminating in a drill program in 2025. Phase 1 covers the most prospective areas of the Highland Valley project and will include a Ground AMT survey, a new application that could be highly effective in the Highland Valley district. [...]
Highlights: Metal Energy now owns 100% of the Highland Valley Copper Project. Project is adjacent to Teck's Highland Valley Copper Mine, Canada's largest copper mine. Partnering with team led by geologist Charlie Greig to introduce new exploration ideas to this historic district. Extensive mineralization identified in Zones 1 and 2 along trend from Teck's HVC. Metal Energy Corp. is pleased to announce the closing of its [...]
Metal Energy Corp. is pleased to announce a next step in its growth, having entered into an arm's length asset purchase agreement with Happy Creek Minerals Inc. . dated October 2, 2024, as amended pursuant to an amending agreement dated October 3, 2024, to acquire the 100%-owned Highland Valley Copper Project in British Columbia.. The Highland Valley Project spans 240 km² in southern British Columbia. With its proximity [...]
Metal Energy Corp. is pleased to announce that it has entered into an amendment agreement with Mistango River Resources Inc. wherein the Company and Mistango agreed to amend a mining property call option agreement dated October 28, 2022 . The Call Option Agreement grants the Company the option to re-acquire a 15% interest in 19 mining claims in the Province of Manitoba . Pursuant [...]
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