Edmonton, Alberta - Sankamap Metals Inc. (CSE: SCU) ('Sankamap' or the 'Company') is pleased to provide assay results from the preliminary exploration program at its 24,000-hectare ('ha') Fauro Property ('Fauro'), part of its Oceania Project, located in the Shortland Islands, Western Province, Solomon Islands.
The May site visit yielded a significant number of grab samples containing gold (Au) and Copper (Cu) mineralization, with assays returning values of up to 19.25 grams per tonne (g/t) Au and 4.09% Cu.
CEO John Florek commented: 'Confirming the historical mineralization at the Fauro property was a key objective of our recent site visit, and we are encouraged by the results. We continue to actively advance multiple epithermal prospects located around the rim of this highly mineralized caldera.
'At the Kiovakase Target recent grab samples have returned multiple high-grade gold values in the double-digit g/t range; reaching up to 19.25 g/t Au; further validating the extent of gold mineralization. These encouraging results highlight the strong exploration potential on the property.
'A significant development was the unexpected identification of substantial copper mineralization in recent grab samples, with grades reaching up to 4.09% Cu, alongside gold and elevated concentrations of lead (Pb), zinc (Zn), and silver (Ag). This represents a meaningful advancement over previous exploration efforts, which had only reported isolated anomalous values for these additional elements. Notably, the recent sampling was conducted across a broad zone exceeding 500 metres in strike length, an area that has seen only limited historical drilling: specifically, two shallow holes completed in the 1990s.
'We are excited to continue advancing these targets as we work to expand and define the mineralized zones across the project areas.'
Assay Sample Highlights
Rock samples from Fauro yielded several high-grade gold assays, including a peak value of 19.25 g/t Au, with all sampling averaging a grade of 6.53 g/t Au
Higher than historically reported copper values, up to 4.09% Cu in rock samples, potential for a porphyry target at depth
Silver values are strongly associated with Au ranging from 6.3-100+ g/t Ag
Elevated typical epithermal mineralization pathfinder elements present in assays including: >5900 ppm arsenic ('As') in 3 samples, up to 10,000+ ppm
>5400 ppm lead ('Pb') in 2 samples, up to 10,000+ ppm
>6400 ppm zinc ('Zn') in 3 samples, up to 10,000+ ppm
Evidence of widespread gold across the property, confirmed through validating assays, historical exploration, and artisanal mining activities such as panning and surface excavation
Discussion
The Fauro Property is strategically situated along a regional copper-gold (Cu-Au) trend known for hosting major deposits, including Panguna and Lihir. Fauro shares key tectonic and geological features with both Panguna and Lihir and is situated in a largely underexplored region.
The initial phase of the exploration program at Fauro was strategically designed to validate historical surficial assay results, engage with local communities, and evaluate terrain and logistical conditions in preparation for a forthcoming drill campaign. As part of this effort, sixteen preliminary grab samples were collected from the Kiovakase Target, one of three historically explored zones on the property.
Assay results returned high-grade gold values, including up to 19.25 g/t Au, along with multiple significant copper assays, reaching up to 4.09% Cu. These results reinforce the strong mineral potential of the Fauro Property and provide compelling support for continued exploration.
About Sankamap Metals Inc.
Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company's fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newcrest's Lihir Mine, with a resource of 71.9 million ounces of gold-1 (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).
Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap's Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.
At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au2; underscoring the area's significant potential.
At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au3. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au3, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au3, further underscoring the property's strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders.
Contact:
John Florek
Tel: (807) 228-3531
Email: johnf@sankamap.com
Forward-Looking Statements
Certain statements in this release constitute 'forward-looking statements' or 'forward-looking information' within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as 'may', 'would', 'could', 'will', 'intend', 'expect', 'believe', 'plan', 'anticipate', 'estimate', 'scheduled', 'forecast', 'predict' and other similar terminology, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.
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