Mr. Gord Neal reports
DOMESTIC METALS COMPLETES SURFACE IP GEOPHYSICAL SURVEY AT SMART CREEK AND ANNOUNCES AMENDMENT TO WARRANT TERMS OF UNIT PRIVATE PLACEMENT
An induced polarization (IP) geophysical survey at Domestic Metals Corp.'s Smart Creek copper-gold-silver project in Montana has been completed by TMC Geophysics, which was engaged as part of continuing mineral exploration by Domestic Metals. Fieldwork took place between Feb. 6, 2026, and March 2, 2026, and consisted of 26 line kilometres (km) of IP data acquired using the pole-dipole electrode array. The objective of the exploration program was to expand the footprint of previous IP geophysics collected by Rio Tinto to further delineate drill targets ahead of diamond drilling planned for Q2 (second quarter) 2026. Domestic Metals is currently modelling the new data and the results of this survey will be discussed in an upcoming news release.
"This new geophysical data will further help us in vectoring toward the center of porphyry mineralization that our geologists are confident is the source of high-grade metal results that we have seen from our work done at Smart Creek. With the funding from our last financing, we look forward to a successful drill campaign, which is due to start in mid April," says Gord Neal, chief executive officer of Domestic Metals.
IP geophysics and porphyry CRD (carbonate replacement deposit) mineral exploration
IP geophysics is used to obtain chargeability and resistivity values (rock properties), which can provide insights into the distribution of sulphides and hydrothermal alteration in the subsurface at Smart Creek. Resistivity and chargeability features identified in the subsurface can provide a means of independently verifying targets constrained from surface geology and geochemistry. Domestic Metals will combine these new IP geophysical data with previously collected data to investigate the potential for new porphyry and carbonate replacement mineralization in the subsurface at Smart Creek.
Technical information
All scientific and technical information in this news release has been reviewed and approved by Daniel MacNeil, PGeo. Mr. MacNeil is a technical adviser to the company and is a qualified person for the purposes of National Instrument 43-101, Standards of Disclosure for Mineral Projects.
Amendment to warrant terms of non-brokered private placement
Domestic Metals reports an amendment to the warrant terms under the non-brokered private placement as announced on Feb. 4, 2026, whereby the company will place up to 12.5 million units at a price of 28 cents per unit for gross proceeds of up to $3.5-million. Each unit will consist of one common share of the company and one common share purchase warrant. Each whole warrant now entitles the holder to acquire one additional share of the company for a period of three years from the date of issuance at a price of 40 cents per share and there will be no acceleration of the warrant expiry date.
About Domestic Metals Corp.
Domestic Metals is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.
The company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.
The Smart Creek project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface, and hosts four attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.
Domestic Metals is led by an experienced management team and an accomplished technical team, with successful records in mine discovery, mining development and financing.
We seek Safe Harbor.
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