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TSX-V: TT Closes Acquisition of High Lake and West Hawk Lake from McFarlane Lake Mining and Closing of Final Tranche of Non-Brokered Private Placement
(TheNewswire) October 28, 2025 – TheNewswire - Vancouver, BC - Total Met...
About this update from Total Metals Corp
[{"type":"text","content":"TSX-V: TT Closes Acquisition of High Lake and West Hawk Lake from McFarlane Lake Mining and Closing of Final Tranche of Non-Brokered Private Placement\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n October 28, 2025 –\n \n\n TheNewswire -\n \n\n Vancouver, BC -\n \n\n Total Metals Corp. (“\n \n\n Total\n \n\n Metals\n \n\n ” or the “\n \n\n Company\n \n\n ”) (\n \n\n TSX-V: TT\n \n\n )\n(\n \n\n FSE\n \n\n :\n \n\n O4N\n \n\n )\n \n\n is pleased to announce the closing of\nits acquisition of the High Lake and West Hawk Lake (the\n“\n \n\n Projects\n \n\n ”) from McFarlane Lake Mining Corporation (“\n \n\n MLM\n \n\n ”), as\npreviously announced on September 24, 2025 (the “\n \n\n Acquisition\n \n\n ”).\n \n\n\n\n “\n \n\n Total\nMetals is acquiring an historic and NI 43-101 compliant Mineral\nResource Estimates that exceeds 300,000 ounces of gold for a total\nconsideration of CAD $9.25 million\n \n\n \", stated\nTyler Thorburn, President and CEO of Total Metals Corp.\n“\n \n\n The team sees significant\npotential upside through exploration drilling to increase the number\nof ounces on the project area. Also, with the available milling\ncapacity in Red Lake, Bissett, Rainy River, and soon Dryden, we’re\nconfident we’ll be able to find a toll-milling partner to process\ntrucked higher-grade ore, eliminating the need to build costly\nprocessing facilities on-site.\n \n\n ”\n \n\n\n\n High Lake and West Hawk Lake\n \n\n\n\n As previously disclosed in the Company’s press\nrelease dated September 24, 2025, the Projects, located west of\nKenora, Ontario, represent a compelling near-term growth opportunity\nunderpinned by high-grade mineralization, infrastructure, and\nexpansion potential. High Lake hosts a NI 43-101 compliant Mineral\nResource with high grades and multiple high-grade drill intercepts\nconfirming its gold system and resource potential. Preliminary\nmetallurgical results indicate high-recovery processing. West Hawk\nLake features a history of underground development, historical\nhigh-grade resources, and recent drilling. The Company believes that\nthe close proximity of the Projects presents potential for shared\ninfrastructure and centralized processing, supporting a scalable\...