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BEMETALS CORP - BMTLF STOCK NEWS

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BeMetals Corp. (BMTLF) is a precious and base metals exploration and development company focusing on becoming a leading metal producer through acquiring quality projects. The company's Pangeni Copper Project in Zambia has shown significant copper mineralization under the Kalahari sand cover, with multiple high-grade zones identified through recent drilling programs. The ongoing exploration activities aim to expand the footprint of the mineralization, potentially leading to the discovery of a tier one copper deposit in the renowned Zambian Copperbelt region.

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BeMetals Corp. (TSXV:BMET, OTCQB:BMTLF) has announced the integration of drone magnetic survey data with historical drilling results at the Tashiro Gold Project in Kyushu, Japan. This integration has identified promising drill targets, particularly at the Noya and Noya Southwest prospects, which indicate significant gold mineralization potential. Historical drill results from the 1990s reveal high-grade gold intersections, with >63.90 g/t Au recorded. The Noya prospect shows a strike extent of >1.5 kilometers. The company plans to conduct drill testing later in 2023, following ongoing projects in Hokkaido. The Tashiro Project is part of BeMetals' portfolio, showcasing its commitment to exploring five gold projects in Japan.

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BeMetals Corp. has started its 2023 exploration season with a 2,000 metre diamond drilling program at the Kato Gold Project in Hokkaido, Japan. The campaign aims to extend the Seta and Kamitake vein zones to assess their grade continuity. The company successfully drilled over 560 metres along the Seta vein last year. A second drilling rig is expected to arrive in Q2 2023 to accelerate operations. Additionally, a 1,000 metre drilling program for the Todoroki Gold-Silver Project is planned for mid-year. BeMetals is also progressing its Pangeni Copper Project in Zambia, with an extension of obligations for its option agreement.

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BeMetals Corp. (TSXV:BMET)(OTCQB:BMTLF) has announced significant drilling results from its Kato Gold Project in Hokkaido, Japan. Key drill holes, KT22-11 to KT22-15, demonstrate the extension of the Seta Vein by approximately 400 meters, with notable intersections including 11.50 meters grading 6.42 g/t Au in KT22-11. The drilling program supports potential extensions of the Kamitake Vein as well. With the discovery potential in Japan attracting interest from major gold producers, BeMetals is set to resume drilling in February 2023 to further evaluate mineralization and explore new targets.

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BeMetals Corp. has announced the termination of its Option Agreement with Thunder Mountain Gold for the South Mountain Project in Idaho. This decision allows BeMetals to redirect exploration funding towards its Kazan portfolio, which includes promising gold properties in Japan, specifically the Kato Project. Additionally, the company is advancing the Pangeni Copper Project in Zambia. The strategic shift emphasizes BeMetals' commitment to enhancing its exploration efforts in the precious and base metals sector.

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BeMetals Corp. announces completion of its 2022 aircore campaign at the Pangeni Copper Project in Zambia, where 3,619 metres of aircore drilling defined six new copper targets. Core drilling has commenced to test these targets, with results expected early 2023. Significant prior results include copper intersections of 4.14 metres grading 0.62% Cu at Q-Target and multiple intersections at D-Prospect, highlighting potential for further mineralization. This exploration phase is co-funded by BeMetals and JOGMEC, aiming to assess concealed copper deposits.

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BeMetals Corp. has announced positive assay results from its drilling program at the Kato Gold Project in Hokkaido, Japan. The latest drill hole, KT22-12, showed significant gold intersections, including 26.10 metres grading 3.06 g/t Au in the Seta Vein Zone and 16.75 metres grading 0.58 g/t Au in the newly identified Kamitake Vein Zone. The company plans to expand its drilling campaign to 2,000 metres, aiming to further assess the potential of the gold system. Additional results are expected in the coming months.

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BeMetals Corp. announced promising assay results from its drilling program at the Kato Gold Project in Hokkaido, Japan. Drill hole KT22-11 intercepted 11.50 meters grading 6.42 g/t gold, including high-grade intervals of 7.80 g/t and 11.88 g/t. The drilling extends the high-grade vein zone by approximately 60 meters. The company plans to complete an additional 1,250 meters of drilling in this campaign. The findings indicate potential for significant resource development at the Kato Project.

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BeMetals Corp. has initiated diamond drilling at its Kato Gold Project in Hokkaido, Japan, marking the start of a 1,500 metre program focused on high-grade gold zones identified in previous decades. Historical drill data revealed significant intersections, such as 17.5 metres grading 8.15 g/t gold. The company has budgeted US$2 million for its 2022 exploration efforts, with a new SDS C1500 drill rig expected to enhance penetration through clay zones. The drilling aims to explore the continuity of gold mineralization previously identified by the Metals Mining Agency of Japan.

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FAQ

What is the current stock price of BEMETALS (BMTLF)?

The current stock price of BEMETALS (BMTLF) is $0.03265 as of December 20, 2024.

What is the market cap of BEMETALS (BMTLF)?

The market cap of BEMETALS (BMTLF) is approximately 9.2M.

What is BeMetals Corp. focused on?

BeMetals Corp. is a precious and base metals exploration and development company aiming to become a leading metal producer through acquiring quality projects.

Where is the Pangeni Copper Project located?

The Pangeni Copper Project is situated in Zambia and is showing significant copper mineralization beneath the Kalahari sand cover.

What are the recent achievements of BeMetals Corp.?

Recent drilling at the Pangeni Copper Project has identified multiple high-grade copper zones, indicating the potential for a significant copper deposit discovery.

What is the goal of the ongoing exploration activities at BeMetals Corp.?

The ongoing exploration aims to expand the footprint of the copper mineralization at the Pangeni Project, potentially leading to the discovery of a tier one copper deposit in the Zambian Copperbelt region.

BEMETALS CORP

OTC:BMTLF

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9.15M
140.79M
37.49%
0.06%
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