공시 • Jun 22
Total Metals Reports Positive Results At Its Electrolode Critical Metals Project Including High-Grade Intercepts Up to 38.20% Zinc over 0.42M and 3.59% Copper over 1.91M
Total Metals Corp. announced the results of the first ten drill-holes completed on its 8,408 metre, 25 hole winter drilling program at the Electrolode critical metals property, located in Northwestern Ontario in early 2026. The 3,300 hectare Electrolode property, located 69 km from Ear Falls, in northwestern Ontario hosts the Arrow Zone with a NI 43-101 compliant current Inferred Mineral Resource with an effective date of June 1, 2025, containing 2.11 million tonnes averaging 0.66% Cu, 4.74% Zn, 17.92 g/t Ag and 0.66 g/t Au. Other zones have been identified and explored on the property by previous operators including those in the Copperlode area southwest of Arrow. Arrow Zone new Arrow Zone intercepts better than average resource grade with subintervals returning exceptional zinc and copper values. Hole EL-26-006 returned 8.40% Zn, 0.40% Cu, 0.35 g/t Au, 21.88 g/t Ag over 4.00 m core length for the Arrow Zone. Includes 20.05% Zn, 0.23% Cu, 0.33 g/t Au, 27.54 g/t Ag over 1.54 m containing an interval of 37.38% Zn over 0.73 m. Hole EL-26-006 also returned 7.81% Zn, 1.90% Cu, 0.72 g/t Au, 56.51 g/t Ag over 4.30 m core length for a zone in the hanging wall of the Arrow Zone. Includes 16.91% Zn, 3.59% Cu, 1.33 g/t Au, 116.77 g/t Ag over 1.91 m containing an interval of 38.20% Zn over 0.42 m. Hole EL-26-003A returned 7.00% Zn, 0.47% Cu, 0.25 g/t Au, 32.73 g/t Ag over 7.18 m core length for the Arrow Zone. Includes 20.14% Zn, 0.89% Cu, 0.37 g/t Au, 112.29 g/t Ag over 1.70 m. Hole EL-26-004 returned 3.85% Zn, 0.50% Cu, 0.19 g/t Au, 18.59 g/t Ag over 9.75 m core length for the Arrow Zone. Includes 20.44% Zn, 0.98% Cu, 0.21 g/t Au, 39.07 g/t Ag over 1.45 m. Hole EL-26-002 returned 5.10% Zn, 0.50% Cu, 0.41 g/t Au, 18.21 g/t Ag over 4.55 m core length for the Arrow Zone. Elevated gallium and indium values for some reported intercepts possibly indicative of potential contribution of additional value to resource. The 2026 winter drill campaign, initially planned for 5,500 metres with one rig, was activated in late January, and was subsequently ramped up to an 8,000 metre program with the addition of a second rig. Drilling ended in mid-April with 25 holes completed totalling 8,408 metres. The distribution of drill-holes targeted two main sectors: the Arrow /Garnet area and the Copperlode area, as well as a variety of other targets planned on the basis of compiled geology combined with geophysical 3D modeling. The main targets on the property are volcanogenic massive sulphide (VMS) deposits, though being cognizant of location in the Red Lake district, prospective structures for gold are also evaluated. The results of drilling completed in the Arrow /Garnet area is the focus of the discussion in this release. A total of 10 holes were drilled in the Arrow /Garnet area during the 2026 winter drilling program. Holes EL-26-002, EL-26-003A, EL-26-004 and EL-26-006 targeted the upper edges of the higher-grade core of the deposit. Holes EL-26-005, EL-26-007, EL-26-008A and EL-26-009 were drilled to test the Garnet Zone in order to determine whether continuity can be established with Arrow. Hole EL-26-010 was a step-out drilled to test for any continuity of mineralization from the Arrow /Garnet zones further to the northeast. In addition to testing Arrow and Garnet for zinc, copper, gold and silver other high value critical elements including gallium and indium were analyzed to determine whether these are potential value contributors to the deposit. Notable intervals for gallium and indium for the Arrow Zone intercepts including 71.11 ppm gallium and 40.15 ppm indium in hole EL-26-002. Further robust analytical and mineralogical work is required to determine the nature of gallium and indium distribution and occurrence as well as determine whether they are potentially recoverable. Results from the program returned some intervals above the average resource grade for the Arrow Zone with some subintervals returning exceptional high-grade intervals for zinc and copper. The best results for the Arrow Zone were from hole EL-26-006 where 8.4% Zn and 0.40% Cu over 4.0 metres are reported for Arrow and 7.81% Zn and 1.90% Cu for a zone in the hanging wall of Arrow. Assay results from holes targeting the Garnet Zone, while returning anomalous values in weakly mineralized intervals, downgraded the potential of the Garnet Zone and possibility of continuity with the Arrow Zone. The best interval returned for the Garnet Zone is 2.93% Zn over 3.17 m in hole EL-26-005. Exploration potential still exists in different plunge directions in the Arrow Zone, especially under Garnet Lake. While waiting for optimal frozen ground conditions to drill the Arrow Zone, one hole was drilled to test a concept proposed by the author of the 2025 NI 43-101 Technical Report. The concept was derived from using different layers of information including a geology compilation by Noranda Exploration, historic ground EM surveys as well as a 2003 Titan-24 MT & DCIP survey. The overlapping layers of information presented the possibility of an oblique conductive trend coincident with a sodium depletion anomaly in the footwall of Arrow (Target B). Hole EL-26-001 was drilled to test Target B at an orientation that tests both the conductor and the sodium depletion anomaly. The hole intersected mostly quartz-feldspar porphyry and mafic intrusive through most of the first part of the hole, finally transitioning to a felsic tuff at 347 metres which is more likely to host VMS style mineralization. The felsic tuff was notably biotite and sericite altered with weak veinlet to disseminated pyrite-pyrrhotite mineralization becoming garnetiferous towards end of the hole.