Domestic Metals Corp. (DMCU:TSX; DMCUF:OTCQB; 03E0:FSE) released new exploration data from its flagship Smart Creek copper-gold-silver project in Montana, highlighting several chargeability anomalies from a 2026 induced polarization (IP) survey and strong surface sampling results.

The company is earning a 60% interest in the project through a joint venture with Rio Tinto Plc (RIO:NYSE; RIO:ASX; RIO:LSE; RTNTF:OTCMKTS), which retains the remaining 40%.

Rio Tinto’s earlier drilling at the Smart Creek target returned 109.73 meters grading 0.75% copper, including 89 meters at 0.97% copper (news release dated August 20, 2024).

New Geophysical Targets

The recent IP survey identified multiple chargeability features that the company considers high-priority drill targets:

• Smart Creek Target: Line 6 shows the chargeability anomaly extending approximately 350 meters west of the previous Rio Tinto data from 2021.
• Smart Creek Exotic Target: Line 5 refined the survey data and outlined a 2.5-kilometer-long chargeability feature trending northwest to southeast, extending west of historic drilling.
• Sunrise Target: Four lines revealed chargeability anomalies both north and south of the historic Sunrise mine, with the southern feature continuing toward the Radio Tower area.
• Radio Tower Target: A large 1.5 km by 1.4 km chargeability anomaly was delineated, coincident with high-grade surface copper-gold-silver mineralization identified in the 2026 geochemical sampling program.

In response to these results, Domestic Metals has increased its exploration budget and plans further drilling in the coming months.

High-Grade Surface Samples

Assay results from 310 surface samples collected during the summer/fall 2025 program returned several notable intercepts, including:

• 102 g/t gold (sample G019007)
• 74.7 g/t gold, 13.8% copper, and 3,810 g/t silver (sample G019235)
• Samples grading up to 23.1% copper and 582 g/t silver

Analyst Technical Opinion

From a technical perspective, the stock has been forming constructive patterns while the broader junior copper sector shows signs of life. The junior copper ETF (COPJ) has broken out of a multi-month consolidation, and Domestic Metals appears to be leading the move, recently trading at new highs.

On the weekly chart, a bull triangle has developed amid surging volume, with the MACD strengthening, RSI above 50, and the Force Index turning bullish.

The daily chart shows an inverse head-and-shoulders continuation pattern supported by rising volume and bullish MACD and RSI readings. The monthly chart displays strong volume and solidly positioned indicators.

My view: These technical developments, combined with the positive exploration news at Smart Creek, suggest the stock is building momentum. I am maintaining a Speculative Buy rating on Domestic Metals Corp.

Technical Price Targets:

• Short-term: CA$0.60
• Medium-term: CA$3.50
• Long-term: CA$6.60

These targets are derived from the size of the base patterns and recent volume activity, assuming continued positive news flow from the project.

Additional Company Updates

Domestic Metals has appointed Dr. Peter Megaw, Ph.D., CPG, a highly regarded carbonate replacement deposit expert, as a technical adviser. Dr. Megaw has contributed to several major discoveries in Mexico and received the PDAC’s Thayer Lindsley Award in 2016.

Scientific and technical information has been reviewed and approved by Daniel MacNeil, P.Geo., a Qualified Person under National Instrument 43-101.

The company currently has approximately 48.7 to 48.9 million shares outstanding. Significant shareholders include David Reid (approximately 10–19%), Chairman Pat Varas, and Director Hendrik van Alphen.

Stock price at the time of writing this article, April 17, 2026: CA$0.38.

Rating: Speculative Buy.