VANCOUVER, BC / ACCESS Newswire / July 7, 2026 / HM Exploration Corp. ("HM Exploration", "HM" or the "Company") (CSE:HM)(FSE:X5H)(OTCQB:HMEXF) is pleased to announce a visual drilling update from an additional four diamond drill holes completed as part of the Company's Phase One drilling program (the "Program") at its Lewis Pilley's Project (the "Project") in Newfoundland, Canada.
The four holes in this press release represent an additional 1,115.60 metres for a total drilled meterage of 2,747.87m. Planning is already underway for a Phase Two drilling program in fall 2026 based on the encouraging visual observations.
Figure 1: Drill core (lower zone) in hole PI-26-010 from 140.51 - 148.80m downhole. Detailed photo from core box, outlined in blue, highlighting sections of massive chalcopyrite + pyrite sulphide mineralization. See Table 2 for detailed visual descriptions.
Highlights:
Holes nine and ten have successfully intersected the new blind discovery of massive sulphide mineralization extending the strike length of the lower-zone to approximately 40m northwest. The upper-zone mineralized trend can be traced consistently over approximately 130m northwest.
The mineralization observed in the lower-lens of holes nine and ten displays similar characteristics as PI-26-008 (see press release dated June 29-2026).
Multiple mineralized intervals were encountered displaying varying types of mineralization ranging from disseminated - semi-massive - massive sulphide, including:
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PI-26-009*
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From 17.00 - 22.45m down-hole; 5.45m drilled length.
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From 155.03 - 157.66m down-hole; 2.63m drilled length.
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PI-26-010*
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From 141.81 - 145.90m down-hole; 4.09m drilled length. (Figure 1)
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Abundant angular copper-bearing clasts observed, potentially indicating limited transport from the source and proximity to a hydrothermal vent environment.
Planning is underway for a downhole electromagnetic (EM) survey, followed by a Phase Two diamond drilling program designed to further test the expanding mineralized system.
Assay results for the Phase One drilling program are expected to be released shortly.
"Holes 9 and 10 have successfully intersected the newly discovered lower massive sulphide lens extending the zone approximately 40 metres to the northwest at a vertical depth of only ~135 metres," said Nick Rodway, CEO of HM Exploration. "These visual results continue to strengthen our geological model and reinforce the potential that we are vectoring toward the source of the mineralized system. With assays pending from all twelve Phase One drill holes, we are already planning a downhole EM survey followed by a Phase Two drilling program for fall 2026."