Ophir Metals Signs LOI for the BlackFyre Magmatic Copper Nickel-Cobalt Project in Quebec
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2026) - Ophir Metals Corp. (TSXV: OPHR) (OTCQB: OPHRF) (FSE: W0J) ("Ophir" or the "Company") is pleased to announce that it has signed a non-binding letter of intent ("LOI") to enter into an option agreement to acquire 100% interest in the BlackFyre magmatic copper-nickel-cobalt property (the "Property" or "Project") located approximately 20 km north-west of Glencore's Raglan Mine complex and 20 km south of tidewater in the Cape Smith Belt region of Quebec. Project Highlights: Prospective for semi-massive and massive sulfide mineralization Numerous prospective zones have been documented indicating strong potential for copper, nickel, cobalt, and platinum group elements ("PGEs") 1 including the Manniit Cu Zone 2 which includes the Ouiche Cu-Ni semi-massive sulphide showing (See Figure 2) Situated in one of the largest documented coincident 99th percentile leveled lake sediment copper, nickel, and cobalt anomalies in Quebec (See Exploration Model Figures 7-10) Documented fertility, with layered mafic-ultramafic intrusions of the correct age relationships, overlying a large gravity anomaly, which suggests a Proterozoic mantle plume may be present "We are excited to expand our portfolio of projects in Quebec with a magmatic copper, nickel, cobalt, PGE sulphide Property that has the potential for major discovery and upside," stated Shawn Westcott, President and CEO of Ophir Metals.
