TORONTO, July 14, 2026 (GLOBE NEWSWIRE) -- Mink Ventures Corporation (TSXV:MINK) ("Mink" or the "Company") today announced it has completed two drill holes (477 meters) to drill test two VTEM Maxwell Plate anomalies outlined at its Warren property for potential nickel (Ni), copper (Cu), cobalt (Co) mineralization. Core logging has just been completed and sampling of mineralized intervals is well underway. Results from assays will be reported upon receipt of results, which are anticipated towards the end of August.
Following this, the Company plans to initiate a drill program at its Montcalm Ni Cu Co Project. This is expected to begin in late August or early September, subject to ground conditions for access at that time.
In mid-December, preparation of the winter access road into the northern portion of the Warren property will begin in anticipation of the Phase 3 drilling program, which will drill test three, new VTEM targets proximal to historical drill hole ML-1 which returned 0.84% Cu over 4.3 meters (Figures 2 & 3).
WARREN PROPERTY GEOLOGY:
Mink's Warren Project is hosted within the Kamiskotia Gabbro Complex (KGC) and is thought to be broadly equivalent to the Montcalm Gabbro Complex (MGC) but separated by a granitic arch. The MGC hosts the former Montcalm Mine which produced approximately 3.93 million tonnes grading 1.25% Ni, 0.67% Cu and 0.05% Co (OGS, Atkinson, B., 2010).
Gabbro complexes such as MGC and KGC are known to be prospective for magmatic nickel copper sulphide deposition as demonstrated by the Montcalm Mine located within the MGC. The Warren property complements Mink's Montcalm property due to the distinctly similar prospective geological environments found in the MGC and the KGC, as well as the presence of significant Cu Ni zones on the Warren Property.
The Warren Property also hosts a felsic volcanic package along the western edge of the KGC with some significant copper mineralization. This volcanic package represents a second target area of interest with potential to host copper zinc volcanogenic massive sulphide (VMS) deposits.
Qualified Person:
Mr. Kevin Filo, P. Geo. (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this release. Mr. Filo is an officer and director of the Company.
For additional technical detail please see Mink Ventures' press releases March 11, 2026 and September 4, 2024.
*References: LaPierre, K. 1996; Morgain Minerals Drill Log ML-1, Resident Geologist Files, Timmins, Ontario.