TSX-V: BMET   CDN$ 0.09 OTCQB: BMTLF   US$ 0.04 Gold:   US$ 4037.82/oz Copper:   US$ 4.62/lb

Savant Gold Project, Ontario Canada

The Savant Gold Project is an exciting new exploration opportunity for BeMetals Corp. in a proven mining jurisdiction of northwestern Ontario.

Located approximately 240 kilometres northwest of Thunder Bay, the project covers over 229 square kilometres within the Savant Lake–Sturgeon Lake Greenstone Belt, part of the prolific Archean Superior Province — host to many of Canada’s major gold camps.

BeMetals is advancing the project for its district-scale potential to host both iron formation–hosted and shear-hosted gold systems.

Option Agreement with Prospector Metals

In September 2025, BeMetals entered into an option agreement with Prospector Metals Corp. (TSXV: PPP) to acquire up to a 100% interest in the Savant Gold Project.
The agreement provides BeMetals with a clear pathway to control the project through a series of staged cash, share, and exploration expenditure commitments over a five-year period.

Location & Infrastructure

  • The property lies 30 km south of the community of Savant Lake, in northwestern Ontario.
  • Excellent infrastructure: road access via the provincial highway network and proximity to the Canadian National Railway main line.
  • Power and services are readily available within the region, enabling cost-effective exploration operations.

Geological Setting

The Savant Project is situated within the Savant Lake–Sturgeon Lake Greenstone Belt, characterized by Archean volcanic and sedimentary rocks intruded by felsic to mafic units.
Gold mineralization is primarily associated with banded iron formations (BIF) and major deformation corridors, similar in setting to significant deposits such as Musselwhite (Orla Mining) and Meadow Bank (Agnico Eagle).

Two regionally extensive structures define the primary exploration focus:

  1. Wiggle Deformation Zone (WDZ)
    • Sheared and folded iron formations with pervasive silicification and quartz veining.
    • Gold-bearing zones identified at the Wiggle Creek prospect with high-grade assays.
  2. Snowbird–Shoal Deformation Zone (SSDZ)
    • A broad shear system with multiple gold prospects.
    • Historical grab samples returning up to 99.6 g/t Au and 60 g/t Au from surface exposures.

Historical Exploration Highlights

  • Historical surface programs collected 594 grab samples, many returning multi-gram gold values.
  • High-grade assays include:
    • 99.6 g/t Au and 60.1 g/t Au from Snowbird–Shoal trend.
    • 6.72 g/t Au and 6.13 g/t Au from the Wiggle Creek area.
  • Multiple untested gold-bearing trends identified along >60 km of prospective strike.
  • Geological, geophysical, and geochemical datasets are being compiled to define priority drill targets.

Next Steps

BeMetals is conducting a comprehensive review of historical data alongside new field observations to finalize an initial exploration program that includes:

  • Conduct initial sampling and mapping program as well as an airborne magnetic survey in Q4 2025
  • Refine target definition through integrated structural, geophysical, and geochemical interpretation.
  • Commence First-phase drilling to test key zones within the Wiggle and Snowbird–Shoal deformation corridors.
  • Follow-up fieldwork to extend known mineralized trends and identify new gold-bearing zones.

Why the Savant Gold Project

  • District-scale land position with >60 km of highly prospective greenstone belt strike.
  • High-grade gold mineralization confirmed across multiple zones.
  • Excellent infrastructure and access supporting efficient exploration logistics.
  • Strong jurisdiction with established mining regulations and support for exploration.
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