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 new results from its Phase 2 drilling program at the South Mountain Zinc-Silver-Gold-Copper Project in Idaho. The results show high-grade mineralization in the Texas Zone, with copper grades exceeding previous estimates. Key drill highlights include:
- SM20-028: 10.85m at 2.56% Cu, 260.1 g/t Ag.
- SM20-050: 8.35m at 4.17% Zn, 4.05 g/t Au.
The ongoing drilling aims to enhance the mineral resource estimate, with updates expected by the end of Q1 2021 and a Preliminary Economic Assessment planned for Q3.
BeMetals Corp. (TSXV:BMET, OTCQB:BMTLF) has commenced a fully funded exploration program at the Pangeni Copper Project in Zambia. The program aims to extend copper mineralization discovered during a previous exploration campaign. John Wilton, President and CEO, highlighted the project's potential in the Zambian Copperbelt region. The 2020 drilling campaign will involve approximately 3,500 meters of aircore drilling and 1,000 meters of core drilling at priority targets, including D2 and SW(E2). Initial results are expected in early December 2020.
BeMetals Corp. has initiated a Phase 2 underground diamond drilling program at its high-grade South Mountain Zinc-Silver-Gold-Copper Project in Idaho, with plans to drill approximately 2,400 metres across 25 holes. This effort aims to expand mineral resources and conduct infill drilling at the DMEA Zone, preparing for an updated resource estimate and Preliminary Economic Assessment set for 2021. The program builds on previous successful findings, particularly from 2019, which revealed significant gold and silver components in the DMEA Zone and high-grade targets in the Texas Zone.
BeMetals Corp. announced the identification of high-priority targets at the Texas Zone in preparation for a Phase 2 underground diamond drilling program at its South Mountain Project in Idaho. The program aims to confirm mineralization grades and extend known mineral resources. Highlights include significant historical drill results, with intersections showing high grades of zinc, silver, gold, and copper. The Phase 2 program will include about 25 drill holes totaling 2,400 meters. Initial drilling is set to commence mid-September 2020, with an updated resource estimate expected in early 2021.