Mink Ventures updates exploration program

TORONTO, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Mink Ventures Corporation (TSXV:MINK) (“ Mink ” or the " Company ") today announced it has received assay results for drill core from its 2026 phase 2 drill program at its Warren Ni, Cu, Co Property located approximately 35km west of Timmins Ontario (Figure 1). Two VTEM targets were tested (477 meters drilled). Drilling intersected sulphide mineralization to explain the VTEM conductors at targets 2050A and 2050B (Figure 2). No significant nickel, copper, cobalt values were detected in the drilling. However, drill hole W26-20 which tested anomaly 2050A returned anomalous copper mineralization in the interpreted target zone from 121 to 163 meters including a short interval which assayed 0.2% Cu over 0.5 meters.

Kevin Filo, VP Exploration commented, “Mink has utilized VTEM airborne surveys and associated Maxwell Plate imaging technology to accurately define the geometry of conductive targets for drill testing. With the phase 2 program at Warren, Mink confirmed that this methodology works as the sulphide zones were intersected at the interpreted target depth. This technology provides Mink with the best opportunity to intersect massive sulphide with potential nickel, copper, cobalt mineralization.”

Mink’s exploration program now moves to its recently optioned Rankin Property. The Company is planning two drill holes (approximately 425 meters) to test two priority VTEM Maxwell Plate anomalies, with inordinately high, conductive values, in early fall, subject to drill availability (Figures 4 & 5). Since acquiring the Rankin Property in July, Mink obtained an independent geophysical review of the Maxwell Plate data received from the optionor. This work confirmed the presence of highly conductive zones suggesting the presence of massive sulphide zones with potential to host associated nickel, copper, and cobalt. Further, the targets at the Rankin Property are covered by a strong coinc