Alpha Crypto Alerts Alpha Crypto Alerts
  • Investing
  • Stocks
  • Business
  • Politics
Search the Site
Popular Searches:
Adventure Samsung Community
Recent Posts
Dem Senate primary erupts in key state as candidate teams up with radical streamer: ‘America deserved 9/11’
April 8, 2026
Trump-backed candidate aims to pad GOP’s fragile House majority battle in showdown for MTG’s seat
April 8, 2026
White House unleashes on Stacey Abrams in latest clash over Trump’s election order
April 8, 2026
Alpha Crypto Alerts Alpha Crypto Alerts
  • Investing
  • Stocks
  • Business
  • Politics

    Smarter markets start here.
    Join our newsletter

    Copyright © 2026 acryptoalert.com | All Rights Reserved
    Home/Investing/Sankamap Announces Revocation of MCTO
    Investing

    Sankamap Announces Revocation of MCTO

    February 6, 2026 4 Min Read

    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Cease Trade Order (the ‘MCTO’) issued on October 29, 2025, by the Alberta Securities Commission (the ‘ASC’) has been revoked, effective February 4, 2026.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

    Experts: Gold’s Fundamentals Intact, Price Could Hit US$7,000 in 2026

      Smarter markets start here.
      Join our newsletter

      Popular Posts
      Politics
      Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat
      Politics
      Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support
      Politics
      Midterm alarm bells: Democrats face steep favorability deficit despite election gains
      American journalist kidnapped in Iraq is set free, must leave country ‘immediately,’ her employer says
      What falling wage growth says about where the U.S. economy is heading
      Iran war nears ‘completion’ as Trump eyes deadline — what the endgame could look like
      Popular
      What falling wage growth says about where the U.S. economy is heading
      Iran war nears ‘completion’ as Trump eyes deadline — what the endgame could look like
      Trending
      Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat
      Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support
      • Terms and Conditions
      • Privacy policy
      Copyright © 2026 acryptoalert.com | All Rights Reserved