Ms. Natasha Dixon reports
MINK VENTURES CORPORATION COMPLETES PHASE TWO DRILLING AT WARREN PROJECT, TIMMINS
Mink Ventures Corp. has completed two drill holes (477 metres (m)) to drill test two VTEM (versatile time domain electromagnetic) Maxwell Plate anomalies outlined at its Warren property for potential nickel (Ni), copper (Cu) and cobalt (Co) mineralization. Core logging has just been completed and sampling of mineralized intervals is well under way. Results from assays will be reported upon receipt of results, which are anticipated toward the end of August.
Following this, the company plans to initiate a drill program at its Montcalm Ni-Cu-Co project. This is expected to begin in late August or early September, subject to ground conditions for access at that time.
In mid-December, preparation of the winter access road into the northern portion of the Warren property will begin in anticipation of the phase 3 drilling program, which will drill test three new VTEM targets proximal to historical drill hole ML-1, which returned 0.84 per cent Cu over 4.3 metres.
Warren property geology
Mink's Warren project is hosted within the Kamiskotia gabbro complex (KGC) and is thought to be broadly equivalent to the Montcalm gabbro complex (MGC) but separated by a granitic arch. The MGC hosts the former Montcalm mine, which produced approximately 3.93 million tonnes grading 1.25 per cent Ni, 0.67 per cent Cu and 0.05 per cent Co (OGS, B. Atkinson, 2010).
Gabbro complexes such as MGC and KGC are known to be prospective for magmatic nickel-copper sulphide deposition as demonstrated by the Montcalm mine, located within the MGC. The Warren property complements Mink's Montcalm property due to the distinctly similar prospective geological environments found in the MGC and the KGC, as well as the presence of significant Cu-Ni zones on the Warren property.
The Warren property also hosts a felsic volcanic package along the western edge of the KGC with some significant copper mineralization. This volcanic package represents a second target area of interest with potential to host copper zinc volcanogenic massive sulphide (VMS) deposits.
Qualified person
Kevin Filo, PGeo (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this news release. Mr. Filo is an officer and director of the company.
For additional technical detail, please see Mink Ventures' news releases March 11, 2026, and Sept. 4, 2024.
About Mink Ventures Corp.
Mink Ventures is a Canadian mineral exploration company exploring for critical minerals in Ontario, Canada. It has a prospective nickel-copper-cobalt exploration portfolio, with its Montcalm project, which now covers approximately 104 square kilometres adjacent to Glencore's former Montcalm mine, with historical production of 3.93 million tonnes of ore grading 1.25 per cent Ni, 0.67 per cent Cu and 0.051 per cent Co (Ontario Geological Survey, Atkinson, 2010), as well as its 11-square-kilometre Warren Ni-Cu-Co project. These complementary nickel-copper-cobalt projects have excellent access and infrastructure and are in close proximity to the Timmins mining camp. The company has 41,447,296 common shares outstanding.
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