VANCOUVER, British Columbia, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Domestic Metals Corp. (the "Company" or "Domestic Metals") - (TSXV:DMCU, OTCQB:DMCUF, FSE: 03E0)) engages TMC Geophysics to conduct 27 line-kilometers of electrical geophysics (Induced Polarization; "IP") at the Smart Creek Project, Montana. The geophysical program is designed to expand historical IP coverage on the property and will be used to refine the location of diamond drilling scheduled for Q1/Q2, 2026. IP geophysics is used to obtain chargeability and resistivity values (rock properties) which can provide insights into the distribution of sulphides and hydrothermal alteration related to potential porphyry and Carbonate Replacement deposits in the subsurface at Smart Creek and will be used by Domestic to derisk drill targets in advance of drilling.

Domestic Metals has expanded its exploration budget significantly to accommodate additional geophysics and diamond drilling at Smart Creek based on results of the 2025 surface sampling program that substantially increased the mineralized footprint of existing targets at Smart Creek and identified several new targets for follow up exploration (see news release dated January 8, 2026). The 2025 sampling program returned the following high-grade results:

Highlight High-Grade Assay Results

102 g/t Au (Sample G019007)

74.7 g/t Au, 13.8% Cu, 3810 g/t Ag (Sample G019235)

30.4 g/t Au (Sample G019001)

26.6 g/t Au (Sample G019353)

23.1% Cu, 424 g/t Ag (Sample G019225)

19.65% Cu, 458 g/t Ag (Sample G019031)

19.05% Cu, 582 g/t Ag (Sample G019038)

Non-brokered Private Placement

Domestic Metals announces a non-brokered private placement of up to 12,500,000 units (the "Units") at a price of $0.28 per Unit (the "Offering") for gross proceeds of up to $3,500,000. Each Unit will consist of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to acquire one additional Share of the Company for a period of two years from the date of issuance at a price of $0.40 per Share. Expiry of the Warrants may be accelerated if the closing price of the Company's Shares on the TSX Venture Exchange ("TSXV") is equal to or greater than $0.65 for a minimum of twenty consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrants.

Gord Neal, CEO of Domestic Metals Corp. commented: "We expanded our exploration budget significantly to accommodate additional geophysics and up to 9,000m of diamond drilling at Smart Creek. This follows the discovery of high-grade mineralization, including up to ...