05:22:49 EDT Thu 03 Jul 2025
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or Name
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CA



HM Exploration Corp
Symbol HM
Shares Issued 13,236,227
Close 2025-02-19 C$ 0.19
Market Cap C$ 2,514,883
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HM Exploration wraps up phase 1 Devil's Den exploration

2025-02-20 08:46 ET - News Release

Mr. Nicholas Rodway reports

HM COMPLETES PHASE ONE EXPLORATION PROGRAM AT THE DEVIL'S DEN PROJECT

HM Exploration Corp. has completed a phase 1 exploration campaign at its Devil's Den project, located west of Port Alberni, B.C.

The phase 1 exploration program consisted of the collection of 355 line kilometres of high-resolution unmanned airborne vehicle (UAV) geophysical magnetic data, prospecting of historical copper and gold showings, and a property-wide litho-geochemical mapping study consisting of 101 portable X-ray floresence readings. The UAV airborne geophysical survey was flown at line spacings of 50 to 100 metres using a drone-deployed, high-sensitivity potassium magnetometre. The sensor height was maintained at 60 metres above the terrain using advanced terrain-following flight software. This approach leveraged modern UAV technology to acquire high-resolution magnetic data in a time- and cost-efficient manner. The flight plan was executed to cover historical and recently discovered high-grade copper mineralization, as well as areas with limited historical exploration. The high-resolution data are currently being processed, and the results will be used to better define faults and structures that are presumed to act as fluid corridors for the mineralization observed at the surface.

The results of the program will be released once the company receives the final processed geophysical data. The newly acquired data will be integrated with the mapping and prospecting work for further interpretation.

"We are thrilled to have completed our phase 1 program at Devil's Den," said the company's president and chief executive officer, Nicholas Rodway. "This data will be the highest quality geophysical data that has ever been produced on the project. We look forward to receiving the final results and following up with some more boots-on-the-ground prospecting."

National Instrument 43-101 disclosure

Nicholas Rodway, PGeo (EGBC licence No. 46541) (permit to practice No. 100359), the chief executive officer and a director of the company, a qualified person as defined by NI 43-101, has reviewed and approved the technical content in this release.

About HM Exploration Corp.

HM Exploration is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Canada. The company is currently advancing the Devil's Den project, an exploration-stage project that consists of two contiguous claims totalling approximately 3,200 hectares, located on Vancouver Island, British Columbia. The company conducted an exploration program on the project in 2022, and four geochemical grids were established to identify possible buried mineralization in areas of possible anomalous gold, copper and other minerals. Multiple high-grade mineral occurrences were uncovered, including copper values of up to 4.68 per cent at surface. The project hosts multiple historical adits with high-grade surface occurrences that remain undrilled. HM Exploration believes that there has been a lack of adequate modern exploration techniques applied to the project in the past, and this presents the opportunity for significant new discoveries.

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