Total Metals Corp.

Description

Total Metals Corp. is a Canadian explorer with five property interests across four broader project groups in Ontario and Manitoba. The investment case combines two current high-grade Mineral Resources, two historical-resource assets, brownfield infrastructure advantages and multiple exploration catalysts.

Electrolode is the flagship VMS asset and contains a current Inferred resource of approximately 2.11 Mt grading 4.74% Zn, 0.66% Cu, 0.66 g/t Au and 17.92 g/t Ag. High Lake provides a second current resource, with approximately 152 kt Indicated at 9.38 g/t Au and 287 kt Inferred at 10.43 g/t Au.

Pick Lake adds high-grade historical zinc resource exposure and potential restart optionality, but Total Metals owns only the mineral rights and does not own the separately held Winston Lake infrastructure used in the older combined feasibility study. West Hawk Lake and Menary provide additional gold exploration optionality.

List of Projects:

Project 1: Electrolode
Ontario, Canada — Zinc, copper, gold and silver. Flagship 3,346 ha VMS property. The Arrow Zone hosts a current 2.11 Mt Inferred MRE. The broader property includes multiple historic zones and 2026 drilling. Royalties and a conditional Glencore 50% back-in apply to portions.

Project 2: Pick Lake
Ontario, Canada — Zinc, copper, gold and silver. 100%-owned mineral rights over approximately 5,260 ha. Historical 2020 MRE contains high-grade zinc with Cu-Au-Ag credits. The 2021 Pick/Winston feasibility study must not be treated as a current standalone Total Metals development plan.

Project 3: High Lake
Ontario, Canada — Gold. 100%-owned 639 ha property with a current high-grade Purdex MRE totaling approximately 142 koz Au Indicated plus Inferred.

Project 4: West Hawk Lake
Manitoba, Canada — Gold. 100%-owned 319 ha mineral lease inside Whiteshell Provincial Park. Historical non-current resource and past bulk-sampling work provide optionality, but any ore would need to be processed outside the park.

Project 5: Menary
Ontario, Canada — Gold. Option to earn 100% over approximately 276 ha. Early-stage project near the Rainy River district with high-grade 2026 grab samples and four priority drill targets.

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List of projects

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