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Silicon Metals Corp (CSE:SI) has secured crucial five-year exploration permits from the B.C. Ministry of Mining and Critical Minerals for its 100%-owned Ptarmigan Silica Project in British Columbia. The permits, valid from July 31, 2025, to December 30, 2030, authorize various exploration activities including surface drilling, trenching, and bulk sampling of up to 2,000 tonnes.
Located approximately 130 kilometres northeast of Prince George, the project represents a significant milestone in the company's pursuit of high-purity silica development. The permits, combined with the recently acquired Maple Birch Permit, position Silicon Metals for potential growth in 2026.
Silicon Metals Corp (CSE: SI) has completed the acquisition of a 100% interest in five mining claims at its Maple Birch Project in Ontario's Sudbury Mining District. The company issued 100,000 common shares at $0.055 per share to an arm's length vendor to satisfy the option agreement terms.
The Maple Birch Project, spanning 1,848 hectares, is an underexplored area with high potential for valuable quartz-rich pegmatite mineralization. The acquisition includes an Aggregate Production Permit for extracting high-purity quartz pegmatite pods. The company plans to conduct detailed exploration to discover additional pegmatite deposits.
Silicon Metals Corp. (CSE: SI) has announced the acquisition of additional mining claims, forming the new Maple Birch Project in the Sudbury Mining District of Ontario. The project, spanning 1,848 hectares, includes an Aggregate Production Permit and is prospective for high-purity quartz-rich pegmatite mineralization.
Historical operations (2010-2015) yielded bulk samples that sold for USD $1,000 per ton, with typical quarrying costs in the area ranging from $100 to $200 per tonne. The company plans to execute various operational activities including road re-establishment, quarry preparation, and material refinement, with a permitted extraction capacity of 3,000 tonnes per year.
Silicon Metals Corp (CSE: SI) has initiated its option agreement to acquire a 100% interest in Aggregate Permit AP6453 in the Sudbury Mining District, Ontario. The company has issued 500,000 common shares at $0.055 per share and made an initial cash payment of $25,000 to Geotek Exploration and Prospecting Ltd.
The remaining option payments include an additional $25,000 cash payment within 15 business days, followed by two separate issuances of 1.5 million common shares at 12 and 18 months after CSE approval. All securities issued will be subject to a four-month statutory hold period.
Silicon Metals Corp (OTC: SLCNF) has announced the termination of its property option agreement with Eastfield Resources Ltd. The agreement, originally dated December 21, 2020, granted Silicon Metals the right to earn a 60% interest in the Hedge Hog property in British Columbia's Cariboo Mining Division. The property is located approximately 15 kilometres north of Wells. CEO Morgan Good stated this strategic decision allows the company to focus its resources on other core projects with potential for near-term value creation.
Silicon Metals Corp (CSE: SI, OTC: SLCNF) has announced the appointment of Raymond Wladichuk as both board director and Chief Operating Officer. Wladichuk brings over 15 years of experience in the natural resource industry, with particular expertise in the silica sector.
Wladichuk's background includes extensive experience in exploration, engineering, and construction. He is a professional geoscientist registered in multiple Canadian provinces, holding a Bachelor of Science in Earth Sciences and a Graduate Diploma in Business Administration from Simon Fraser University.
The company currently operates three wholly-owned silica projects in British Columbia: the Ptarmigan Silica Project (130km from Prince George), the Silica Ridge Project (70km southeast of MacKenzie), and the Longworth Silica Project (85km East of Prince George). Additionally, Silicon Metals holds an option to explore the Hedge Hog Project in the Caribou Mining Division.
