SMM4 month 9 SMM0# Zinc Shanghai Brands rise and paste Water

Copper Lake Resources announced the closing of the first tranche of its non-brokered private placement, issuing 15,625,031 units at $0.15 each for gross proceeds of $2,343,755. Net proceeds will fund exploration at the Marshall Lake copper-zinc-silver-gold project in Ontario, Canada, and general working capital. The second and final tranche is expected to close by October 14. Completion of the private placement remains subject to all necessary regulatory approvals, including TSX Venture Exchange approval.

BMC Minerals reported on October 5 that polymetallic mineralisation at the Rhyolite Peak target within its Kudz Ze Kayah project in Yukon, Canada, had been further extended. Rhyolite Peak is a silver-zinc-gold-copper-lead exploration target located near the proposed ABM mine. The update remains an exploration-stage drilling development and does not constitute a new Mineral Resource, Ore Reserve or production change.

DOWA Holdings plans to produce 113,543 tonnes of zinc in H2 FY2026, up 27.0% from its H1 plan of 89,373 tonnes and 26.8% from the 89,525 tonnes produced in H2 FY2025. Its Akita Zinc operation uses the hematite process to recover indium and other valuable metals at high yields and integrates zinc smelting with rare-metal production and recycling. Higher planned zinc output may increase feed throughput for by-product indium recovery. However, DOWA disclosed no indium production target, and any supply increase will depend on feed grades, recovery rates and operating schedules rather than zinc volumes alone.