Showcase Minerals Acquires Gold Projects, Arranges Financing
Showcase Minerals Acquires Grassy and Premier East
Gold Projects, Arranges Financing
CALGARY , AB / December 10, 2025 / Showcase Minerals Inc. (CSE: SHOW; Frankfurt: ZJ0)
(“Showcase” or the “Company”) is pleased to announce that it has entered into a mineral
property purchase agreement whereby it will acquire a 100% interest in two mineral
properties located north of Stewart, British Columbia and just east of the Premier Gold Mine
in the prolific Golden Triangle region. The Premier Gold Mine produced over two million
ounces of gold from 1918 to 1952.
In consideration of acquiring a 100% interest in the mineral properties, known as the Grassy
and Premier East Gold Projects (the “Projects”), Showcase will issue 5,000,000 common
shares in its capital to the vendor. The common shares will be subject to a four month and
one day hold period from issuance.
The Premier East Gold Project
The Premier East property consists of one mineral claim comprising 325.28 hectares and is
located approximately 10 kilometres north of Stewart, British Columbia, just to the east of
the former Premier Mine. Past exploration in the claim area was focused on the M.C. No 1
(LC4407) showing located on the Bear River Ridge (east part of the miner al claim 551631).
Two veins carrying a very abundant sulphide mineralization have been sampled. Previously,
the zone has been explored by trenches, a 10-foot shaft, and shallow diamond drill holes.
Grove (1971) reports that picked high-grade samples assayed 0.16oz/T gold, 505 to 550 oz/T
silver, 1.47% copper, 35.15% lead, and 19.18% zinc (Kretschmar 1979) . In 2018 , Decade
Resources Ltd. compl eted a geochemical sampling program that collected 45 rock
samples. A new mineral occurrence , the “Copper Coin Showing” , was discovered in the
northern part of the property. Gold values ranged from <5ppb to 5.72 g/t, silver ranged from
.02 ppm to 6110 g/t, copper ranged from 2ppm to 11.6%, lead ranged from <2 ppm to 13.2%,
and zinc ranged from 8ppm to 43.7 % (www.decaderesources.ca website and ARIS report
42408).
The Grassy Gold Project
The Grassy property, which consists of two mineral claims comprising 830. 3 hectares, is
located 24 kilometres north of Stewart, British Columbia in the Skeena Mining Division. The
former Premier gold mine is located 6 kilometres to the south. The property has been subject
to exploration from 1927 into the early 1960’s , which included 60 met res of underground
work on the Start showing. Two adits and numerous open cuts were completed on the Bush
showings, as well as one adit and several open cuts on the Lakeshore showing.
Mineralization on the Grassy property is of an epithermal, low-sulphidation type hosted in
felsic pyroclastic of the Mount Dilworth Formation. From 2011 to present, Decade
Resources Ltd. has completed rock and soil sampling as well three drill holes. The best result
was an intersection of 1.56 g/t gold over 3.05 metres within a strong quartz stock work
containing minor pyrite and low silver and base metals values. (www.decaderesources.ca
website and ARIS report 41687) The claims comprising the Grassy property are subject to a
2% net smelter returns royalty.
Appointment of Rene Bernard as President
The Company further announces that Rene Bernard has been appointed as President and
Chief Executive Officer in place of Kirk Reed. Mr Bernard has 25 years of experience in
managing public mineral exploration companies as a director and executive. H e currently
acts as a director of MTB Metals Corp. The company wishes to thank Mr . Reed for his
services. Mr Reed will continue as a director of and consultant to the Company.
Private Placement
Showcase announces its intention to complete a non-brokered private placement financing
of up to 3,000,000 units of the Company (the “Units”) at a price of C$0.07 per Unit for total
gross proceeds to the Company of up to C$210 ,000. Each Unit will consist of one common
share and one three-year transferable share purchase warrant entitling the holder to acquire
an additional common share for C$0.10. The proceeds of the private placement will be used
for debt payment and general working capital.
Insiders may participate in the private placement including subscriptions from related
parties of the Company as defined in Multilateral Instrument 61-101 - Protection of Minority
Security Holders in Special Transactions (“MI 61-101”). The participation of Insiders in the
Private Placement is exempt from formal valuation and minority shareholder approval
requirements pursuant to exemptions contained in sections 5.5(c) and 5.7(1)(a) of MI 61 -
101. The securities issued under the Private Placement will be subject to a hold period under
applicable securities laws in Canada expiring four months and one day from the closing date
of the Private Placement.
The private placement and property acquisitions are subject to Canadian Securities
Exchange acceptance for filing.
Qualified Person
Ed Kruchkowski, P.Geo., President of Decade Resources Ltd., is a Qualified Person as
defined by National Instrument 43 -101 and has reviewed and approved the technical
contents of this news release. He has also supervised the sampling reported in this press
release. E. Kruchkowski is not independent of Decade Resources Ltd., the vendor of the
properties, as he is the president of the Company.
About Showcase Minerals Inc.
Showcase Minerals Inc. is a mineral exploration company engaged in the identification,
evaluation, acquisition, and exploration of mineral properties focusing on rare earth, critical
energy, and precious metals
Disclaimer
Readers are cautioned that the discussion about adjacent or similar properties is not
necessarily indicative of the mineralization or potential of the Premier East Gold Project and
the Grassy Gold Project. The Company has no interest in or right to acquire any interest in
any such adjacent properties.
For further information, please contact:
Rene Benard, President
Showcase Minerals Inc.
Telephone: 250-878-8593
Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts
responsibility for the adequacy or accuracy of this news release.
Not for distribution to United States newswire services or for dissemination in the United States.
FORWARD LOOKING INFORMATION
Certain statements in this news release are forward-looking statements, including with respect to future
plans, and other matters. Forward-looking statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such
information can generally be identified by the use of forwarding-looking wording such as "may" , "expect" ,
"estimate" , "anticipate" , "intend" , "believe" and "continue" or the negative thereof or similar variations. The
reader is cautioned that assumptions used in the preparation of any forward -looking information may
prove to be incorrect. Events or circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company, including but not limited to, business, economic and
capital market conditions, the ability to manage operating expenses, and dependence on key personnel.
Forward looking statements in this news release include, but are not limited to, statements respecting:
completion of the property acquisitions, completion of the private, and development of the mineral
properties. Such statements and information are based on numerous assumptions regarding present and
future business strategies and the environment in which the Company will operate in the future,
anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ
materially from those in forward -looking statements include, the continued availability of capital and
financing, litigation, fa ilure of counterparties to perform their contractual obligations, loss of key
employees and consultants, and general economic, market or business conditions. Forward -looking
statements contained in this news release are expressly qualified by this cautionary statement. The reader
is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news
release. Except as required by law, the Company disclaims any intention and assumes no obligation to
update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise.