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Teako Minerals (CSE:TMIN, OTC:TMINF) has commenced its 2026 field program at the 100%-owned Tynset Cu-Zn-Ag VMS project in central Norway. Work includes detailed geological and structural mapping, systematic sampling and an Induced Polarization (IP) geophysical survey at the Storbekken Priority 1 target to refine high-priority drill targets.
Teako expects first diamond drilling of priority targets in Q4 2026–Q1 2027. The company has also expanded Tynset by staking and being granted four additional exploration licences covering the Nonsvola and Vingelen target areas, increasing the prospective strike length of the volcanic belt.
Geovisor Oy has been contracted to complete about 10 line km of IP across Storbekken from mid-October 2026, aiming to define anomalies to depths of roughly 200–350 metres and integrate results with surface geology, geochemistry and historical data to optimize drill targeting.
Teako Minerals (OTC:TMINF) received approval for a NOK 1,100,000 (about C$160,000) grant to fund an exploration program at its 100%-owned high-grade Tynset Cu-Zn-Ag VMS project in Norway.
Hedmark Fylkeskraft will fund 75%, Tynset Municipality 12.5%, and Teako 12.5%. The work aims to advance priority targets to drill-ready status before an expected H2 2026 drilling campaign.
Teako (OTC:TMINF) signed a non-binding LOI with MERIDIANA Capital Group for a recapitalization creating a German-listed, silver-focused exploration company (the “Resulting Issuer”). Teako will contribute a 90% interest in seven Norwegian high-grade silver projects via a new subsidiary valued at €3,600,000.
Teako is to receive €100,000 cash and €3,500,000 in Resulting Issuer shares, expected to equal about 38.4% ownership, plus a 10% free carried interest in each project to Final Investment Decision. The Resulting Issuer will target €2,250,000 in exploration spending over three years.