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Total Metals (TSXV: TT) has completed its winter exploration drilling program at their wholly owned Electrolode critical minerals project, completing 25 holes for a total of 8,408 metres. The campaign meaningfully exceeded the 5,500 metre program the company initially outlined when drills first turned in late January.
The expanded scope reflects a decision to mobilize a second diamond drill rig in February, a move that allowed the company to widen its testing footprint along Electrolode’s roughly six-kilometre mineralized trend without extending the drill season.
Core from the program is now at the lab, with assay results expected over the coming weeks, according to President and Chief Executive Officer Tyler Thorburn.
The drilling represents the culmination of more than a year of target generation work, including an airborne magnetic drone survey and reprocessing of historical VTEM data. Those datasets fed into 3D Maxwell plate modelling used to gauge the depth and dimensions of identified conductors before drills were positioned.
READ: Total Metals Secures High Grade Critical Minerals Property In Northwestern Ontario
“You can have the best geophysical models in the world, but ultimately you have to put the drills on it to demonstrate what’s in the ground,” Executive Chairman Michael Dehn said in the announcement. He framed the 25-hole campaign as an aggressive first pass effort designed to deliver a structural roadmap for follow up work.
Dehn pointed to the scale of drilling required to fully delineate a major deposit, citing the more than 400 holes and 200,000 metres drilled at Kinross Gold’s neighbouring Great Bear project. Electrolode sits between Great Bear and First Mining Gold’s Springpole project, in a stretch of northwestern Ontario drawing growing attention from gold and base-metals explorers alike.
The 3,300-hectare property is fully permitted for exploration drilling and hosts 10 historic mineralized zones, including the Arrow Zone, where prior operators outlined an inferred resource containing copper, zinc, gold and silver. The geological setting features volcanogenic massive sulphide systems with potential by-product credits from critical minerals such as gallium, germanium and indium.
The completed program targeted a mix of objectives, including confirmation and expansion of historical intercepts, testing of electromagnetic conductors, and probing cross-structures interpreted as potentially gold-bearing.
Total Metals last traded at $0.25 on the TSX Venture.
FULL DISCLOSURE: Total Metals Corp is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Total Metals. The author has been compensated to cover Total Metals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
