Market Maker Journal
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Market Maker Journal
No Result
View All Result

Sankamap Announces Revocation of MCTO

admin by admin
February 6, 2026
in Investing
0
Sankamap Announces Revocation of MCTO

Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) is pleased to announce that the Management Cease Trade Order (the ‘MCTO’) issued on October 29, 2025, by the Alberta Securities Commission (the ‘ASC’) has been revoked, effective February 4, 2026. The MCTO applied only to the Company’s CEO and CFO and did not affect trading by other shareholders, including the public.

The Company confirms that it has completed the filing of its annual audited financial statements, management’s discussion and analysis, and CEO and CFO certifications for the fiscal year ended June 30, 2025 (collectively, the ‘Required Filings‘), on January 29, 2026, and the filing of its interim first-quarter financial statements, on January 30, 2026.

Copies of the Required Filings and the interim first-quarter financial statements are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newcrest’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au2; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au3. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au3, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au3, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

1. Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

2. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

3. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Certain statements made and information contained herein may constitute ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sankamap and there is no assurance that the actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as ‘anticipates,’ ‘believes,’ ‘targets,’ ‘estimates,’ ‘plans,’ ‘expects,’ ‘may,’ ‘will,’ ‘could’ or ‘would.’ Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sankamap does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282944

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

Previous Post

Latest Intercepts Confirm Continuity Across Drill Program

Next Post

Iran seizes oil tankers, threatens ‘massacre’ in Strait of Hormuz, hours before US talks

Next Post
Iran seizes oil tankers, threatens ‘massacre’ in Strait of Hormuz, hours before US talks

Iran seizes oil tankers, threatens ‘massacre’ in Strait of Hormuz, hours before US talks

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 23, 2025
Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

December 4, 2025
RUA GOLD Announces Uplisting to Toronto Stock Exchange

RUA GOLD Announces Uplisting to Toronto Stock Exchange

February 13, 2026
Trump DOJ appointee Thomas Albus tapped to lead Fulton County search warrant fight

Trump DOJ appointee Thomas Albus tapped to lead Fulton County search warrant fight

February 11, 2026
Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes

Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes

0
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

0
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

0
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

0
Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes

Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes

March 2, 2026
Trump pledges to ‘avenge’ fallen US service members as tensions with Iran intensify

Trump pledges to ‘avenge’ fallen US service members as tensions with Iran intensify

March 2, 2026
Tomahawks, B-2 stealth bombers and attack drones pound over 1,000 Iranian targets in 24-hour blitz

Tomahawks, B-2 stealth bombers and attack drones pound over 1,000 Iranian targets in 24-hour blitz

March 2, 2026
House Republicans push Johnson to go to war with Senate over SAVE Act

House Republicans push Johnson to go to war with Senate over SAVE Act

March 2, 2026

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes

    Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes

    March 2, 2026
    Trump pledges to ‘avenge’ fallen US service members as tensions with Iran intensify

    Trump pledges to ‘avenge’ fallen US service members as tensions with Iran intensify

    March 2, 2026
    Tomahawks, B-2 stealth bombers and attack drones pound over 1,000 Iranian targets in 24-hour blitz

    Tomahawks, B-2 stealth bombers and attack drones pound over 1,000 Iranian targets in 24-hour blitz

    March 2, 2026
    House Republicans push Johnson to go to war with Senate over SAVE Act

    House Republicans push Johnson to go to war with Senate over SAVE Act

    March 2, 2026

    Top News

    Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes

    Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes

    March 2, 2026
    Trump pledges to ‘avenge’ fallen US service members as tensions with Iran intensify

    Trump pledges to ‘avenge’ fallen US service members as tensions with Iran intensify

    March 2, 2026

    Latest News

    • Hormuz erupts: Attacks, GPS jamming, Houthi threats rock Strait amid US-Israeli strikes
    • Trump pledges to ‘avenge’ fallen US service members as tensions with Iran intensify
    • Tomahawks, B-2 stealth bombers and attack drones pound over 1,000 Iranian targets in 24-hour blitz

    About Market Maker Journal

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 marketmakerjournal.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 marketmakerjournal.com | All Rights Reserved