12:46:53 EDT Tue 16 Jun 2026
Enter Symbol
or Name
USA
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Discovery Energy Metals Corp
Symbol DEMC
Shares Issued 77,686,654
Close 2026-06-15 C$ 0.265
Market Cap C$ 20,586,963
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Discovery Energy completes sampling at Crystal Lake

2026-06-16 10:35 ET - News Release

Mr. Mike Hodge reports

DISCOVERY ENERGY METALS CORP. ANNOUNCES COMPLETION OF GEOCHEMICAL SAMPLING PROGRAM AT CRYSTAL LAKE CU-MO PROJECT, BRITISH COLUMBIA

Discovery Energy Metals Corp. has successfully concluded its surface prospecting and geochemical soil sampling program on its Crystal Lake property. The property is located approximately 160 kilometres southwest of Prince George, B.C., and is highly prospective for porphyry-style copper and molybdenum mineralization.

Program highlights:

  • Soil sampling: The company collected a total of 280 B-horizon soil samples over two grids along the eastern side of Crystal Lake. Samples were collected at 25-metre intervals along northeast-southwest-oriented lines spaced 50 metres apart. The soil grids targeted historically identified surface mineralization and geophysical anomalies on the property.
  • Rock sampling: Twenty-five outcrop samples were collected opportunistically across soil sampling grids when bedrock exposure permitted.

The surface sampling program was completed by Dahrouge Geological Consulting over a period of eight days between May 23 and May 30, 2026. The field program was based out of Crystal Lake Resort, located directly within the property boundary. The results, when received, will be utilized to guide future exploration on the property,

Quality assurance/quality control

All rock samples were collected in the field using a hammer and chisel. Soil samples were collected from the presumed B horizon using a hand auger and/or geotool. Locations for all sample types were obtained using a hand-held GPS (Global Positioning System) or tablet with samples placed in prelabelled sample bags. Samples were securely shipped using Manitoulin Transport to Agat Laboratories Ltd. in Calgary, Alta., for preparation and geochemical analysis. Due to the preliminary nature of the program, no certified reference materials, blanks or field duplicates were inserted into the sample stream. The company will rely on the internal quality assurance and quality control procedures of Agat Laboratories, which is accredited to ISO/IEC 17025:2017. Specific preparation and analytical methods will be disclosed with assay results.

Marketing agreement

Discovery Energy Metals is also pleased to announce it has signed an agreement with Zimtu Capital Corp., whereby Zimtu will provide marketing services under its Zimtu Advantage program, effective June 1, 2026, for an initial term of 12 months at a cost of $15,000 per month. The program is designed to provide strategic marketing support, investor engagement and public awareness initiatives. Services include investor presentations, e-mail marketing, lead generation campaigns, blog posts, digital campaigns, social media management, Rockstone Research reports and distribution, video news releases, and related marketing and awareness activities. Zimtu is based in Vancouver at Suite 1450, 789 West Pender St., Vancouver, B.C., V6C 1H2. Zimtu may be contacted by telephone at 1-604-681-1568 or by e-mail at info@zimtu.com. Zimtu's compensation does not include securities of the company. Zimtu currently owns 5.85 million shares of the company and is a non-arm's-length party to the company (as that term is defined in the policies of the TSX Venture Exchange).

Qualified person

The scientific and technical content of this news release has been reviewed and approved by Nathan Schmidt, PGeo (EGBC licence No. 48336), a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Schmidt is a geologist with Dahrouge Geological Consulting Ltd. (EGBC permit to practise No. 1003035), the consulting firm engaged by Discovery Energy Metals to conduct and oversee the company's exploration work at the Crystal Lake property, including the 2026 surface geochemical sampling program. Mr. Schmidt is also a director of Discovery Energy Metals.

About Discovery Energy Metals Corp.

Discovery Energy Metals is a Canadian exploration company focused on advancing the Crystal Lake copper-molybdenum project, an early-stage exploration project located in a well-mineralized district of central British Columbia. The Crystal Lake property consists of eight contiguous mineral claims covering approximately 5,283 hectares, located 34 kilometres south of Fort Fraser, B.C. The project is accessible year-round through Kenny Dam Road and well-maintained forestry roads, with nearby access to key infrastructure including CN rail, BC Hydro transmission, Highway 16, and the communities of Vanderhoof and Fraser Lake. Additionally, the company also holds a portfolio of mineral claims in Quebec, including projects in the Nunavik and James Bay regions, and is advancing the ESN project in Nevada and the Koster Dam project in central British Columbia.

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