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Maclaren Minerals Ltd. ( (TSE:SCU) ) has provided an announcement.
Sankamap Metals has reported encouraging exploration results from its 24,000-hectare Fauro property in the Solomon Islands, with recent work at the Meriguna target confirming strong near-surface gold mineralization through visible alluvial gold and rock samples that display similar alteration to the nearby Kiovakase target. The company highlighted high-grade historical and recent gold and copper results across Fauro, including up to 19.25 g/t gold and 4.09% copper at Kiovakase, and is using the current phase of mapping and sampling to validate historical data, engage local communities, and refine high-priority drill targets for a 2026 drilling campaign, reinforcing the project’s potential as part of a major regional copper-gold trend.
More about Maclaren Minerals Ltd.
Sankamap Metals Inc. is a mineral exploration company focused on gold and copper, advancing its 100%-owned Oceania Project in the Solomon Islands. The company’s key assets include the Kuma and Fauro properties, which lie along a regional copper-gold trend that also hosts major deposits such as Panguna and Lihir, positioning Sankamap within a geologically prospective but underexplored district.
Average Trading Volume: 67,021
Technical Sentiment Signal: Buy
Current Market Cap: C$11.42M
For an in-depth examination of SCU stock, go to TipRanks’ Overview page.