Domestic metals announces appointment of Gordon neal as president
Vancouver, B.C., May 14, 2025 Domestic Metals Corp. (“Domestic” or the “Company”) (TSXV:DMCU; OTC:DMCUF; Frankfurt: 03E) announces the appointment of Gordon Neal as President of the Company.
Mr. Neal has had a notable and successful career in the mining and resource sectors. He started as one of the founding members of MAG Silver Corp. before moving on to serve as the VP Corporate Development for Silvercorp Metals. Mr. Neal subsequently took the role of President of New Pacific Metals and is currently CEO of World Copper Ltd. Mr. Neal has raised more than $750M in the resource sector and serves on multiple metals and mining company boards. He served as a Senior Advisor in the Office of the Prime Minister of Canada and is a past member of the Board of Directors and the Senate of Dalhousie University.
“I am very excited to join the team at Domestic,” says Gordon Neal. “The increasing global demand for copper has been reflected in the rising price of the commodity. Add to this the current US administration’s goal of domestic metal production and we can see that Domestic’s Montanabased copper project is well positioned to benefit significantly.”
Domestic’s Chairman and CEO, Patricio Varas, stated: “Gord’s appointment represents a momentous addition to the Domestic team driving the Company’s corporate transformation to advance the exceptional Smart Creek copper project located in Montana, USA. Mr. Neal’s expertise and leadership will facilitate the advancement of the Company’s Montana assets and the growth of the Company.”
Smart Creek
Project Smart Creek is a 4,187 Ha road-accessible copper-gold exploration project located in western Montana, a prolific metallogenic province with superb copper pedigree in addition to a miningsavvy workforce. Montana State is a pro-mining jurisdiction with active copper mines and exploration projects including the giant Butte Mine owned by Montana Resources LLP that has included 5.4 Billion Tonnes averaging 0.46 % Cu, 0.033 % Mo, and 4.30 g/t Ag1 . The Smart Creek project is characterized by:
- 1- Multiple UNTESTED Porphyry-skarn-CRD style alteration footprints with coincident geophysical and geochemical signatures.
- 2- Extensive property-wide copper mineralization in rock and soil datasets. Historic drill results with long copper intercepts and limited follow-up. 4+ target areas and the opportunity to develop further exploration upside.
- 3- Reactive carbonate and diabase host rocks with the potential of yielding high-grade mineralization.
The Company has the opportunity to unlock shareholder value by exploring this world-class exploration asset and earning up to 60% in the project from partner Rio Tinto (see Domestic (formerly Norden Crown Metals Corporation) news release from August 20, 2024).
Smart Creek Exploration Targeting
Exploration targeting has identified four key target areas including the Smart Creek porphyry target (copper-gold-molybdenum porphyry mineralization), the Sunrise CRD target (copper-goldsilver carbonate replacement mineralization), the Radio Tower Porphyry target (copper-goldmolybdenum porphyry and carbonate replacement and skarn mineralization), and the Smart Creek South target (exotic copper mineralization). Remarkable historic work includes:
- 1- Recent drilling in 2022 resulted in excellent copper assay results including a 109.73 meters 0.75% Cu; 18.74 g/t Ag intercept(SMCR0022; see NR dated August 20, 2024) 2 .
- 2- Structurally controlled/replacement style gold targets at the Sunrise mine area with historic grades of 6.22 g/t Au, 31.1 g/t Ag and 1.5% Cu3 .
Ongoing and upcoming technical work plans include geological mapping, geochemistry, IP geophysics and/or magnetotelluric geophysics. Drill targets are expected to be finalized in Q2 2025, with drilling expected to commence in the second half of 2025.
References:
1https://mbmg.mtech.edu/pdf/geologyvolume/ReedDillesButteChapter_Final.pdf
2Norden Crown Announces Acquisition of Option Over the Smart Creek Copper-Gold Porphyry Project (Montana, USA), Public announcement, August 2024.
3Emmons, W.H., and Calkins, F.C., 1913. Geology and Ore Deposits of the Philipsburg Quadrangle, Montana. United States Geological Survey Professional Paper #78.
