Discovery Energy Metals Acquires Crystal Lake Copper Property

Discovery Energy Metals Corp. (CSE:DEMC) announced its acquisition of a 100% interest in the Crystal Lake Copper Property, located in British Columbia. This property spans approximately 5,283 hectares and is poised for exploration due to its strategic location and promising geological setting. Historical magnetic surveys highlighted a significant porphyry intrusion, confirming the site's potential for copper mineralization.

The acquisition terms involve cash and share considerations, with additional bonuses tied to future exploration success. Discovery Energy Metals also plans a private placement to raise up to $1 million for further exploration and general working capital.

The property's proximity to key infrastructure such as roads and railways enhances its logistic advantages. With a history of early exploration showing promising copper, gold, and silver results, the Crystal Lake Copper Property presents a compelling opportunity for future projects.