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Clarity Metals (CLGCF) Stock News

CLGCF OTC

Clarity Metals Corp. explores and advances mineral properties as a Canadian project generator focused on precious and base metals. Company news centers on exploration activity in Quebec, including the 100%-owned Fecteau Gold Project in the Abitibi region and the Lithium381 project in northern Quebec.

Recurring updates cover drill permits, target definition, rig mobilization, drilling progress, geophysical survey results, property interests and technical planning for exploration campaigns. The company is listed on the CSE under CMET and trades on the OTC market under CLGCF.

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Clarity Metals (CLGCF) completed the acquisition of an 80% interest in the Bobcat copper project in Lemhi County, Idaho. The acquisition was made through its wholly owned subsidiary, Critical Copper Nevada. Consideration was 20,000,000 units at a deemed $0.05 each, comprising one common share and one warrant per unit. Each warrant permits purchase of another share at $0.10 until October 13, 2031. No finders' fees were paid.

Kluane Capital FZCO and Cloudbreak Discovery each retain a 10% carried interest until a positive pre-feasibility study establishes technical and economic viability; the parties then intend to form a joint venture. The property comprises 50 claims covering approximately 418.63 hectares. Historic drilling included 100.13m grading 0.36% copper in BC-1. These results have not been independently verified, and Clarity cautions against relying on them.

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Clarity Metals (CLGCF) received all gold assays from its Fecteau winter drill program, with the best intercept in the SW target. The program completed 14 holes totaling 2,616 metres from March 7 to May 6, 2026, testing five target areas. At SW (Syncline-SL), FEC-26-026 returned 7.442 grams of gold per tonne over 1.50 metres from 189.70 metres; FEC-26-024 returned 5.160 grams per tonne over 0.63 metres from 172.63 metres. Fecteau Est / Syncline Hinge returned 0.507 grams per tonne over 3.00 metres and 0.737 grams per tonne over 1.50 metres.

Clarity plans to use the SW results to refine its geological model and define new drill targets. It corrected previously reported program totals of 17 holes and 3,015 metres, and revised historical drilling on the property and surrounding area from 17,815 to 17,416 metres. Backlogs at Technominex and AGAT Laboratories delayed receipt of final results.

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Clarity Metals (CLGCF) agreed on September 22, 2026 to acquire an 80% interest in the Bobcat copper project in Lemhi County, Idaho, from BG Copper Corp. via a mineral claims purchase agreement. The remaining 20% is held by Kluane Capital FZCO and Cloudbreak Discovery PLC as 10% carried interests each, remaining carried until a positive pre-feasibility study, after which the parties intend to form a joint venture to develop the property.

As consideration, Clarity will issue 20,000,000 units at a deemed price of $0.05 per unit, each consisting of one share and a five-year warrant exercisable at $0.10. The shares will carry a four month and one day hold period, and no finders’ fees will be paid. Closing is subject to customary conditions and Canadian Securities Exchange approval, with completion expected in September 2026.

The Bobcat Project comprises 50 unpatented lode claims over about 418.63 hectares, hosting a copper porphyry system with historic drilling that reported intervals such as 100.13 m grading 0.36% Cu in hole BC‑1 and other copper mineralization at depth and near surface.

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Clarity Metals (OTC:CLGCF) completed its 2026 diamond drill program at the Fecteau Gold Project in Quebec’s Abitibi region. The campaign comprised 17 holes totaling 3,015 m across five target areas. Assay results are pending, with samples dispatched and QA/QC representing about 11% of submissions.

The Fecteau property spans 5,247.47 hectares, with over 17,815 m of historical drilling and about C$1.4 million invested in exploration to date. New data will be integrated to refine the geological model and guide future exploration, which remains subject to assay results, financing, and permitting.

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Clarity Metals (OTC: CLGCF) mobilized a drill rig to the Fecteau Gold Project in Abitibi, Quebec and has commenced drilling on hole FEC-26-016.

The hole is oriented N020° with a -45° dip to a planned depth of 200 metres. Drilling is managed by Services Technominex, which will provide daily operational updates. Sequencing may change based on ground or weather conditions.

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Clarity Metals (OTC: CLGCF) has engaged Technominex to execute a ~3,650 metre NQ diamond drill program at its 100%-owned Fecteau Gold Project in the Abitibi, with permitting complete and drilling expected in February–March 2026.

Clarity has spent $1.4M to date, identified 11 showings, and cites past intercepts including 14.91 g/t Au over 1.0m and 5.98 g/t Au & 0.87% Cu over 0.6m.

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Clarity Metals (OTC: CLGCF) confirmed receipt of all permits to drill its 100% owned Fecteau Gold Project in Quebec and plans a focused exploration campaign.

The company intends to execute a 5,000m program (~25 holes) targeting gold and VMS-style base-metal targets, including step-outs from known trends and newly identified conductors. Prior Clarity drilling returned notable intercepts such as 14.91 g/t Au over 1.0m (FEC-22-05) and 5.98 g/t Au & 0.87% Cu over 0.6m (FEC-22-13). Clarity has spent $1.4M on the property to date and cites 11 known showings and ~17,815m of historical drilling (avg depth 207m). The technical content is reviewed by a Qualified Person.

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Clarity Metals (OTC: CLGCF) updated target areas and exploration plans for its 100% owned Fecteau Gold Project in Quebec on October 14, 2025. The company has drill permits and is designing a program to test multiple showings across the property, including Lac Fecteau Est, Freeman-Buteux, Buteux-Marceau, Desgagné, Lac Fecteau Porphyry, Lac Pistolet and VMS targets.

Key reported results include 14.91 g/t Au over 1.0 m (FEC-22-05), 5.98 g/t Au over 0.6 m (FEC-22-13), VMS intercepts with 1.56% Zn, 0.23% Cu and 2.33 g/t Ag over 5.1 m, and historic grab samples up to 2.58% Cu. To date $1.4M has been spent and 12 showings identified, with 17,815 m of historical drilling in the area.

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Clarity Metals (OTC: CLGCF) announced on October 7, 2025 that it has received all permits required to conduct drilling at its 100%‑owned Fecteau Gold Project in Quebec's Abitibi region.

The company plans a drill campaign targeting step‑outs from known showings and new targets identified after prior field programs, has engaged Technominex for technical support, and is finalizing logistics and drill contractor arrangements.

Highlighted context: the property lies ~30 km east of advanced projects in the same belt and previous Clarity drilling returned high‑grade intercepts including 14.91 g/t Au over 1.0 m. The company has spent $1.4M on Fecteau exploration to date.

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Clarity Metals Corp. (CSE: CMET, OTC: CLGCF) has announced the execution of an early exercise agreement on January 31, 2023, to acquire a 100% interest in the Fecteau Gold Project in Quebec. The acquisition involves a cash payment of $35,000 and the issuance of 185,185 common shares at $0.27 each. The company will also enter a royalty agreement, offering a 2.0% net smelter return royalty, which can be reduced to 1.0% upon a $1.5 million payment. The Fecteau Gold Project, located near Osisko's Windfall Lake Project, has shown promising exploration results, including multiple significant gold and copper samples.

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FAQ

What is the current stock price of Clarity Metals (CLGCF)?

Clarity Metals (CLGCF) last closed at $0.0309.

What is the market cap of Clarity Metals (CLGCF)?

The market cap of Clarity Metals (CLGCF) is approximately $375.8K.