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Perseverance Metals Leases 1,286 Hectares Within the Voyageur Nickel-Copper-Precious Metals Project, Michigan and Provides an Update on Lac Gayot and AGM Results
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Perseverance Metals Inc. (TS...
About this update from Perseverance Metals, Inc.
[{"type":"text","content":"Perseverance Metals Leases 1,286 Hectares Within the Voyageur Nickel-Copper-Precious Metals Project, Michigan and Provides an Update on Lac Gayot and AGM ResultsVancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Perseverance Metals Inc. (TSXV: PMI) (\"Perseverance Metals\", \"PMI\", or the \"Company\") is very pleased to announce that it has executed an agreement with Keweenaw Land Association Ltd. to lease 1,286 hectares of highly prospective mineral titles (the \"Keweenaw leases\") in the Upper Peninsula of Michigan, increasing its overall land position in the region to 69,275 hectares (over 690 square kms).The Keweenaw leases are within the Company's Voyageur project land package, which lies within the same geological trend and approximately 70 kilometres west of Lundin Mining's Eagle nickel-copper-precious metals mine - currently the sole operating nickel mine in the United States. Numerous drill targets closely analogous to the Eagle mine have been identified by Perseverance Metals and are slated for drill testing in the first half of 2026.\"We are very pleased to be able to add such a strategically important land position to the most highly prospective areas within the Voyageur project area. Consolidating our holdings around our top priority drill targets is crucial, as it allows us the flexibility to rapidly advance these projects post-discovery,\" said Michael J. Tucker, CEO and Director of Perseverance Metals.Update on Lac Gayot Summer/Fall Drilling ResultsAssay results remain pending from the summer/fall drill program at the Lac Gayot Project, Quebec, including from the multiple massive sulphide intersections drilled at the Baseline discovery and reported in November 2025 (see PMI News Release Nov 5, 2025). The full results from the Lac Gayot 2025 program will be reported once they are received and interpreted by the Company.Results of Annual General Meeting of ShareholdersThe Company is also pleased to announce the results from its Annual General Meeting of shareholders (the \"AGM\") held on December 05, 2025, in Vancouver, B.C. A total of 9,545,655 common shares, representing 33.2% of the Company's issued and outstanding common shares, were voted in connection with the AGM. All matters presented for approval at the AGM were approved unanimously or by a substantial majority of the votes cast.1. Electi...