MTB Metals' Telegraph Project Attracts Major Mining Interest in British Columbia's Golden Triangle
TL;DR
MTB Metals CEO shares advances in exploration projects, attracting interest from major mining companies for potential joint ventures or strategic investments.
MTB Metals focuses on the Telegraph project, conducting three field seasons of exploration and completing four drill holes across a 3.3-kilometre trend.
MTB Metals' exploration projects have the potential to bring new opportunities for economic growth and development to the Golden Triangle of British Columbia.
MTB Metals CEO Lawrence Roulston discusses the substantial exploration potential at the Telegraph project, attracting interest from major mining companies for joint ventures.
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MTB Metals, a mineral exploration company, is making significant progress in its porphyry copper-gold exploration activities within British Columbia's Golden Triangle region. The company's primary focus remains the Telegraph project, a highly prospective porphyry copper-gold prospect situated near four other world-class porphyry deposits with identical geological characteristics. According to Lawrence Roulston, CEO of MTB Metals, recent discussions at the PDAC conference and subsequent meetings have generated substantial interest from major mining corporations for potential joint ventures or strategic investments, particularly targeting the Telegraph project.
The growing interest from established mining companies stems from the project's strategic location and considerable exploration potential. In 2021, MTB Metals consolidated a substantial property area and has since conducted three field seasons of comprehensive exploration work. During the most recent field season, the company completed four drill holes across a 3.3-kilometre trend within the Telegraph project, providing strong indications of a large-scale porphyry system. While initial drilling results received limited enthusiasm from retail investors, major mining companies demonstrated a deeper understanding of the system's broader potential, recognizing that these preliminary holes merely begin to reveal the project's full capacity and mineral endowment.
Roulston has outlined plans for continued exploration of both the already drilled areas and other porphyry centers within the expansive 350-square-kilometre Telegraph property. The company's extensive land holdings throughout the Golden Triangle region, covering nearly 600 square kilometres across six distinct projects, provide substantial opportunities for future discoveries and strategic growth. The Telegraph project's geological similarities to nearby world-class porphyry deposits, combined with the demonstrated interest from major mining companies, positions MTB Metals for potential partnerships that could accelerate exploration and development activities in this highly prospective mining district.
Curated from News Direct

