Mr. Brian Goss reports
NOVARED MINING TO CLOSE METALCORE EARLY-ACCESS WAITLIST IN 48 HOURS AS PLATFORM DATASET SURPASSES 4.1 MILLION RECORDS
Enrolment in the early-access wait list for MetalCore, Novared Mining Inc.'s proprietary artificial intelligence mineral exploration platform, will close in 48 hours, with only 80 of the initial 1,000 on-boarding spots remaining in the current access cohort.
Following strong demand since the platform's on-boarding launch, the company intends to close the wait list to new registrations at the end of the 48-hour window to prioritize on-boarding, data access and support for the existing cohort. Prospective users who wish to be considered for early access in this cohort are encouraged to register before the deadline.
Novared nears 1,000 MetalCore registrants
The current early-access cohort is limited to 1,000 registrants, and the company has elected to cap on-boarding to maintain platform performance and user support standards during MetalCore's continued development. Once the remaining spots are filled or the 48-hour window elapses, registration for this cohort will close, and additional applicants will be considered for future access, subject to availability. To date, 920 users have registered to be among the first to utilize the MetalCore platform.
MetalCore data set surpasses 4.1 million records
MetalCore is designed to integrate large volumes of public source geological, geochemical and mineral tenure data into a single, prioritized target generation environment. The platform's analytical data set has expanded to more than four million records, building on the more than 2.7 million records previously reported. These records relate to mineral properties located in Canada and the United States.
The data set is led by approximately 1.5 million geochemistry records and 1.4 million oil and gas well records, which together account for roughly 70 per cent of the total, alongside more than 800,000 deposit records, close to 200,000 geothermal records, and tens of thousands of mine, B.C. mineral title and B.C. Minfile records, plus further magnetic anomaly, mineral property, satellite scene and geophysical survey data. The compilation is drawn from public sources and is intended to support parcel-level mineral evaluation and exploration target generation.
In connection with the announcement, Brian Goss, chief executive officer of Novared, stated: "The response to MetalCore has been encouraging, and closing this cohort allows us to focus on delivering a strong on-boarding experience to our earliest users. With the data set now exceeding four million records, we believe MetalCore will becoming a meaningful resource for the exploration community, and we look forward to expanding access in future cohorts."
Prospective users can register for the remaining early-access spots prior to the close of the 48-hour window.
Stock option grant
The company further announces that it has granted incentive stock options to members of its advisory board whereby they can purchase up to an aggregate of 345,000 common shares of the company pursuant to its incentive share option plan. The options are exercisable for a period of two years at a price of 86 cents per share. The options, and any underlying common shares issued upon exercise, will have a hold period expiring Nov. 8, 2026, in accordance with the policies of the Canadian Securities Exchange.
About Novared Mining Inc.
Novared is a mineral exploration company focused on the identification, acquisition, exploration and development of copper-gold porphyry projects in British Columbia, leveraging an artificial-intelligence-enhanced geospatial technology platform that it developed to identify and evaluate prospective mineral properties. The company has an option to earn a 70-per-cent interest in the Wilmac copper-gold project, which comprises 16,078 hectares located within the Quesnel porphyry belt in the Similkameen mining division, southwest of Princeton and approximately 10 kilometres west of Hudbay Minerals Inc.'s producing Copper Mountain mine.
Readers are cautioned that the discussion of mineralization on adjacent or similar properties, including the Copper Mountain mine, is not necessarily indicative of the mineralization or potential of the Wilmac project. The company has no interest in, or right to acquire any interest in, any such adjacent properties.
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