Vancouver, British Columbia / March 12, 2025 – Molten Metals Corp. (the “Company” (C:MOLT; FSE:Y44), is pleased to announce that, subject to the approval of the Canadian Securities Exchange (the “Exchange“), the Company has entered into a Property Purchase Agreement (the “Transaction”) with Troy Minerals Inc. (“Troy”)(C:TROY) for the Ticktock Property (the “Property”).
The Property is 1,065 hectares and is located within the prolific Golden Triangle region of British Columbia, Canada, 23 kilometres northwest of the historic Eskay Creek Mine. Underlain by the Stikine Terrane, the Property hosts zones of skarn within Devonian aged marine sediments which contain lenses of massive sulphide and gold bearing quartz veins. Historic surface sampling on the Property produced assays up to 7% copper, 2.5 g/t gold, and greater than 2% zinc.
Readers are cautioned that the geology of nearby properties are not necessarily indicative of the geology of the Company’s properties. Readers are further cautioned that the information provided has not been verified and is not being treated as current compliant information.
To earn 100% interest, the Company will make a cash payment of $5,000 with 5 days of signing, issue 1,000,000 common shares to Troy within 10 days of receipt of approval from the Exchange and complete $250,000 of work expenditures within four (4) years. The Company has granted a 1 percent net-smelter returns royalty on the claims making up the Property to TROY.
The Company shares issued pursuant to the Transaction will be subject to a four month hold period in accordance with applicable securities laws and the policies of the Exchange.
Qualified person
The technical content of this news release has been reviewed and approved by Deepak Varshney, P.Geo., a qualified person as defined by National Instrument 43-101. Historical information provided by the optionors of the Property were reviewed by the qualified person. The information provided has not been verified and is being treated as historic and non-compliant.
About Molten Metals Corp.
Molten Metals is a North American mineral acquisition and exploration company focused on the development of quality properties that are drill-ready with high upside and expansion potential.
For Additional Information, Please Contact
Rishi Kwatra,
Chief Executive Officer
Molten Metals Corp.
604.760.3999
ir@moltenmetalscorp.com
Forward-Looking Statements
This news release includes “forward-looking statements” under applicable Canadian securities legislation. Such forward-looking information reflects management’s current beliefs and is based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned that such forward-looking statements are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
