Domestic Metals: 9,000m drill program targets porphyry centre at Smart Creek

Domestic Metals Corp (TSXV:DMCU)(OTCQB:DMCUF) CEO Gordon Neal tells Proactive's Stephen Gunnion why the Smart Creek project in Montana, USA, is his central investment case, pointing out that joint-venture partner Rio Tinto refused to reduce its 40% stake below that level when Neal pushed for a larger share - a signal he says investors should take seriously. Neal outlined the data assembled since acquiring the project. Rio Tinto's best historic hole at Hole 22 returned 109 metres grading 0.75% copper, but Neal says that intercept was distal to the main porphyry centre. Surface sampling has returned 100 grams per tonne gold alongside 3,800 grams per tonne silver and 23% copper. Geophysics has identified five target areas, all pointing west toward the interpreted porphyry centre. The company is planning a 9,000-metre drill program. The first three holes will re-drill Hole 22 on an angle rather than vertically, because the team believes mineralisation is dipping to the west and a vertical hole understates true mineralised width. The program will then move to the Sunrise area to the west, where geologists Dan McNeill and Alan Wainwright found a four-gram-per-tonne gold porphyry dike at surface that Rio Tinto has acknowledged it missed. Drilling is scheduled to begin at the end of August, with laboratory turnaround times quoted at three to four weeks, putting initial results in the late-September to mid-October window. Neal said finding a drill rig was the main logistical challenge, describing drill availability as tight across the junior sector. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #DomesticMetals #DML #mining #copper #gold #BritishColumbia #porphyry #juniorminers #resourceexploration #ProactiveInvestors