Vancouver, British Columbia / June 10, 2025 – TheNewswire - Molten Metals Corp. (the “Company” (CSE: MOLT; FSE:Y44), is pleased to announce that, subject to the approval of the Canadian Securities Exchange (the “Exchange” the “CSE”), the Company has entered into a Property Option Agreement (the “Option Agreement” or the “Agreement”) with Troubadour Resources Inc. (“Troubadour”) for the right to acquire 100% of Troubadour’s Texas property (the “Property”).
The Property, consisting of eleven (11) tenures totalling approximately 3,216 hectares, is located 60 kilometres southeast of Kelowna, British Columbia and 3 kilometres west of Beaverdell, British Columbia, in close proximity to the past producing Beaverdell Mine that was in operation from 1896 to 1991.
CEO Rishi Kwatra commented, “MOLT is committed to the strategic expansion of its exploration portfolio, with a focus on assets exhibiting significant upside potential. We are rigorously evaluating opportunities to enhance shareholder value through disciplined investment in high-quality projects. The team is dedicated to executing our growth strategy and capitalizing on the promising prospects within our pipeline and we look forward to advancing the Texas Property along with the other properties in our portfolio.”
Numerous quartz ± sulphide (± carbonate) veins up to two metres thick have been identified at the Property with visible gold identified in multiple veins.
In general, the sulphide assemblage includes sphalerite, galena and pyrite, with subordinate chalcopyrite and arsenopyrite, and many veins have a strongly developed chlorite-carbonate-clay-iron oxide – silica alteration halo. The general trend of the veins is west-northwest – east-southeast, and steeply south dipping. The orientation of these mineralized veins, the mineral assemblage and associated alteration, are very similar to that described at the Highland Bell Mines and other mineralized occurrences from the Wallace Mountain (Beaverdell Mining Camp) immediately to the east of the Property.
Mineralized occurrences throughout the Property are interpreted to correspond to the polymetallic vein silver-lead-zinc-copper ± gold deposit profile.
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 in the Property, the Company will issue 1,600,000 common shares (the “Shares”) to Troubadour within 10 days of receipt of approval from the Exchange (the “Effective Date”) and incur exploration expenditures on the Property in the following amounts:
a. $150,000 on or before the second anniversary of the Effective Date;
b. $350,000 on or before the fourth anniversary of the Effective Date;
This Option Agreement will terminate at Troubadour’s discretion if the Company fails to incur exploration expenditures and issue the Shares to Troubadour as set out above or if CSE acceptance is not granted within 35 days of the Effective Date of the Transaction.
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 historical and non-compliant.
About Molten Metals Corp.
Molten Metals Corp. 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
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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.
