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Discovery Energy Metals to Acquire 100% of Crystal Lake Copper Property in British Columbia
--Historic magnetic survey in 2010 outlined ~2.3km diameter porphyry intrusion VANCOUVER, BC / ACCESS Newswire / June 17, 2025 / Discovery Energy Metals Corp. (CSE:DEMC)(OTCQB:DEMCF)(FRA:Q3Q0) ("Discovery" or the "Company") is pleased to announce ...
About this update from Discovery Energy Metals Corp.
[{"type":"text","content":"--Historic magnetic survey in 2010 outlined ~2.3km diameter porphyry intrusion","length":78,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / June 17, 2025 / Discovery Energy Metals Corp. (CSE:DEMC)(OTCQB:DEMCF)(FRA:Q3Q0) ("Discovery" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") with Zimtu Capital Corp. ("Zimtu" or the "Vendor") to acquire a 100% interest in the Crystal Lake Copper Property ("Crystal Lake" or the "Property"), located in north-central British Columbia.","length":496,"tagName":"p"},{"type":"text","content":"The Crystal Lake Copper Property is comprised of eight mineral claims totaling approximately 5,283 hectares and is situated 34 kilometres south of Fort Fraser, British Columbia.","length":177,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Excellent Location/Infrastructure: Road-accessible and located near key infrastructure, including a CN Rail Line, BC Hydro electrical transmission line, and a gas line along Highway 16 (Figure 1).","length":196,"tagName":"p"}]},{"val":[{"type":"text","content":"Exploration History: Early-stage exploration programs include a high-definition magnetic survey in 2009-2010 covering ~90% of the Property which outlined a magnetic high indicative of a porphyry intrusion (as confirmed by field observations) measuring ~2.3km in diameter2 (Figure 2).","length":283,"tagName":"p"}]},{"val":[{"type":"text","content":"Geological Potential: A copper-bearing diorite porphyry stockwork system associated with a regional fault structure and grab samples have returned up to 0.7% Cu, with elevated gold and silver values2.","length":200,"tagName":"p"}]},{"val":[{"type":"text","content":"Exploration Upside: Soil geochemistry confirmed a north-south copper anomaly, with alteration patterns consistent with the upper levels of a porphyry copper system. The main mineralized zone is likely preserved at depth, making the Project a compelling grassroots exploration target1.","length":284,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":963,"olType":false},{"type":"text","content":""We are excited to secure the Crystal Lake Copper Property, which ...