CALGARY, Alberta, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Integral Metals Corp. (CSE: INTG | FSE: ZK9) (the "Company" or "Integral") is pleased to announce the acquisition of its Woods Creek Project, located within the Idaho Rare Earth Elements-Thorium (REE-Th) Belt in southwestern Montana. This strategic addition to the Company's portfolio includes 25 lode claims covering 516 acres and is positioned to capitalize on the increasing demand for rare earth elements critical to modern technologies.
The Woods Creek Project lies within the Idaho REE-Th Belt, a geologically significant trend renowned for its rare earth element-rich carbonatite systems. This belt extends across Idaho and Montana and is host to known mineralized systems such as Sheep Creek, Mineral Hill, Diamond Creek, and Lemhi Pass. At Woods Creek, REE mineralization is believed to be associated with carbonatite dikes that intrude structurally complex zones of amphibolite-grade gneiss and schist, offering a geological setting highly prospective for REE discovery. This mirrors the characteristics of the Sheep Creek area, where over 50 REE-bearing carbonatite dikes have been documented.
"The acquisition of the Woods Creek Project aligns with our commitment to advancing exploration in high-potential critical mineral districts," stated Paul Sparkes, Chief Executive Officer. "This project not only diversifies our portfolio, but also strengthens our ability to address the global need for critical minerals."
The addition of the Woods Creek Project underscores Integral Metals' strategy to focus on mineral exploration within underexplored yet geologically promising regions. The Company intends to prioritize exploration activities, including geochemical sampling, detailed geophysical surveys, and petrographic studies, to refine a geological model and develop drill targets for the project.
Integral Metals is committed to unlocking the value of the Woods Creek Project as part of its broader mission to advance critical mineral exploration in North America. The Company notes that the claims for the Woods Creek Project are currently awaiting adjudication by the Bureau of Land Management (BLM), a routine process that is expected to confirm the Company's rights to explore the property.
On Behalf of the Board Directors
Paul Sparkes
Chief Executive Officer
825-414-3163
info@integralmetals.com
ABOUT INTEGRAL METALS CORP.
Integral is an exploration stage company, engaged in the business of mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, with the goal of contributing to the development of a domestic supply chain for these minerals. Integral holds properties in mining-friendly jurisdictions in Canada and the United States of America, including the Northwest Territories and Manitoba, where it has received regulatory support for its exploration efforts.
Forward-Looking Information
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the Company's future plans, including the Company's plans to focus its efforts and resources on the Kap Property and its other mineral properties.
Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information, including, in respect of the forward-looking information included in this press release, assumptions regarding the future plans and strategies of the Company, including that the Company will continue to focus its efforts and resources on the Kap Property.
Although forward-looking information is based on the reasonable assumptions of the Company's management, there can be no assurance that any forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among other things, the risk that the Company's business prospects and priorities may change, whether as a result of unexpected events, general market and economic conditions or as a result of the Company's future exploration efforts, and that any such change may result in a re-deployment of the Company's resources and efforts in a manner divergent from the Company's current business plan or strategy. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
