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Domestic Metals ( (TSE:DMCU) ) has issued an update.
Domestic Metals has engaged TMC Geophysics to conduct 27 line-kilometres of induced polarization geophysical surveying at its Smart Creek Project in Montana, aiming to expand historical coverage and refine drill targets ahead of a significantly enlarged diamond drilling campaign scheduled for the first half of 2026. The company, which recently reported high‑grade surface assays including up to 102 g/t gold and more than 23% copper, has substantially increased its exploration budget and launched a non‑brokered private placement of up to 12.5 million units at $0.28 per unit to raise as much as $3.5 million, with proceeds earmarked for Smart Creek exploration and working capital, underscoring growing investor interest and potentially strengthening its position in the North American precious and base metals exploration space.
More about Domestic Metals
Domestic Metals Corp. is a mineral exploration company listed on the TSX Venture Exchange, OTCQB and Frankfurt, focused on advancing its Smart Creek Project in Montana, U.S.A. The company is targeting high-grade gold, copper and silver mineralization, including potential porphyry and carbonate replacement deposits, and has recently expanded its exploration activities on the back of strong surface sampling results.
Average Trading Volume: 129,485
Technical Sentiment Signal: Buy
Current Market Cap: C$14.38M
See more data about DMCU stock on TipRanks’ Stock Analysis page.