Welcome to our dedicated page for Bemetals news (Ticker: BMTLF), a resource for investors and traders seeking the latest updates and insights on Bemetals stock.
BeMetals Corp. explores and develops precious and base metals projects, with a portfolio that includes the Savant Gold Project in northwestern Ontario, the Pangeni Copper Project in the Zambian Copperbelt, and gold exploration projects in Japan. Company news commonly covers surface sampling and reconnaissance work, exploration planning, project-level technical updates, and acquisition evaluation within its mineral portfolio.
Recurring corporate updates also include flow-through financings for Canadian exploration expenditures, debt settlement, share consolidation and TSX Venture Exchange trading matters, investor relations arrangements, executive management changes, shareholder voting matters, governance updates, and operating and financial results.
BeMetals Corp. has announced the termination of its Option Agreement with Thunder Mountain Gold for the South Mountain Project in Idaho. This decision allows BeMetals to redirect exploration funding towards its Kazan portfolio, which includes promising gold properties in Japan, specifically the Kato Project. Additionally, the company is advancing the Pangeni Copper Project in Zambia. The strategic shift emphasizes BeMetals' commitment to enhancing its exploration efforts in the precious and base metals sector.
BeMetals Corp. announces completion of its 2022 aircore campaign at the Pangeni Copper Project in Zambia, where 3,619 metres of aircore drilling defined six new copper targets. Core drilling has commenced to test these targets, with results expected early 2023. Significant prior results include copper intersections of 4.14 metres grading 0.62% Cu at Q-Target and multiple intersections at D-Prospect, highlighting potential for further mineralization. This exploration phase is co-funded by BeMetals and JOGMEC, aiming to assess concealed copper deposits.
BeMetals Corp. has announced positive assay results from its drilling program at the Kato Gold Project in Hokkaido, Japan. The latest drill hole, KT22-12, showed significant gold intersections, including 26.10 metres grading 3.06 g/t Au in the Seta Vein Zone and 16.75 metres grading 0.58 g/t Au in the newly identified Kamitake Vein Zone. The company plans to expand its drilling campaign to 2,000 metres, aiming to further assess the potential of the gold system. Additional results are expected in the coming months.
BeMetals Corp. announced promising assay results from its drilling program at the Kato Gold Project in Hokkaido, Japan. Drill hole KT22-11 intercepted 11.50 meters grading 6.42 g/t gold, including high-grade intervals of 7.80 g/t and 11.88 g/t. The drilling extends the high-grade vein zone by approximately 60 meters. The company plans to complete an additional 1,250 meters of drilling in this campaign. The findings indicate potential for significant resource development at the Kato Project.
BeMetals Corp. has initiated diamond drilling at its Kato Gold Project in Hokkaido, Japan, marking the start of a 1,500 metre program focused on high-grade gold zones identified in previous decades. Historical drill data revealed significant intersections, such as 17.5 metres grading 8.15 g/t gold. The company has budgeted US$2 million for its 2022 exploration efforts, with a new SDS C1500 drill rig expected to enhance penetration through clay zones. The drilling aims to explore the continuity of gold mineralization previously identified by the Metals Mining Agency of Japan.
BeMetals reports promising results from its 2021 core drilling at the Pangeni Copper Exploration Project in Zambia. The drilling program, with six drill holes, successfully tested aircore copper anomalies, particularly at the Q-Target and D-Prospect. Notable intersections include Q3-C1, which encountered 4.14 metres grading 0.62% copper, and multiple significant intercepts at D7-C1. Five of six drill holes showed substantial copper mineralization, reinforcing the project's potential for high-grade copper deposits. The company plans follow-up explorations to evaluate additional targets.
BeMetals Corp. (TSXV:BMET)(OTCQB:BMTLF) announced promising surface sampling results from its Todoroki Property in Japan, revealing high-grade gold and silver mineralization. Key results include 9.43 g/t Au and 442.5 g/t Ag over 2.1 meters, and 41.10 g/t Au and 1,070 g/t Ag from various samples. These results exemplify the potential for drill targets in unmined high-grade veins. Further exploration is planned, particularly focusing on new targets at the Kato Project. The Todoroki mine has a historical production record of about 200,000 ounces of Au and 7.4 million ounces of Ag.
BeMetals Corp. has initiated an exploratory drilling phase at its South Mountain Zinc-Silver-Gold-Copper Project in Idaho. This program aims to expand the mineral resource estimate by targeting the DMEA Zone, which holds the majority of the current mineralization. The drilling is set to cover approximately 2,100 metres. Recent estimates indicate a significant increase in both Measured & Indicated (M&I) and Inferred resources since 2019, with M&I resources at 187,650 tonnes grading 9.63% Zinc and Inferred resources at 756,300 tonnes grading 7.63% Zinc.
BeMetals Corp. announced the completion of 4,350 meters of shallow aircore drilling at the Pangeni Copper Project in Zambia, revealing promising copper targets. Highlights include D-Prospect's notable results of 3,183 ppm copper over 2 meters, and the identification of new targets F and Q, expanding exploration potential. The aircore program was funded in collaboration with Japan Oil, Gas and Metals National Corporation (JOGMEC). Following these results, a core drilling program of 1,400 meters is set to further evaluate these copper targets.
BeMetals Corp. announced an extension of its option agreement with Thunder Mountain Gold to acquire up to a 100% interest in the South Mountain Project in Idaho. The extension allows for a 2,100 metre surface exploration drilling campaign aimed at increasing mineral resource estimates. The project, historically mined for high-grade zinc, has a significant past production of 53,642 tons with grades of 14.5% Zn and 363.42 g/t Ag. BeMetals plans to complete the drilling program by December 31, 2022, leading to a preliminary economic assessment next year.