•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
GERMANIUM MINING CORP. (CSE: GMC; OTCQB: EMSKF; FSE: YW0) says it is preparing for its largest exploration program to date as it moves into an active 2026 field season. The company has assembled and secured its exploration team for a fully funded first phase of work on its 100% owned Lac du Km 35 Germanium Project (“Lac Du 35”) in the Chibougamau region of Quebec, Canada.
The company expects the 2026 program to include expanded sampling focused on outcrops and high-priority targets, with assay results anticipated to follow. It also plans to apply for drilling permits shortly thereafter, with the first drilling campaign expected in early winter 2027.
Germanium pricing is being shaped by growing strategic demand alongside a market constrained by export controls and tight global supply. The company cites a current price of USD $8,597.50 per kg, which it says is up 47.88% year to date in 2026, 108.64% since the start of 2025, 202.79% since the start of 2024, and 320.40% since the start of 2020, when the price was $2,045.09 per kg.
The first phase of diamond drilling is intended to advance targets to a “discovery hole” stage. The company says the campaign is planned to consist of 6 to 10 holes for a total of approximately 2,500 metres, with drilling planned to begin early in winter 2027. The final drilling lengths will depend on the depth of electromagnetic anomalies to be defined by a new survey, supported by outcrop mapping and sampling.
Outcrop mapping is expected to help determine the direction and dip of potential germanium mineralization extensions.
At the Laganière showing, the company reports germanium at near 0.02% (186 ppm). It says the program aims to increase germanium grades to at least 0.04% (350–400 ppm) on an intersection expected to be at least 10 metres wide.
The company says the Lac du Km 35 property includes the prominent Faribault Shear Zone (“FSZ”), oriented east-southeast and dipping to the south-southwest. It reports the FSZ ends to the Grenville Front, which extends southwest-northeast for several hundred kilometres. The FSZ is described as a key structural feature that may connect with other permeable zones at depth, acting as a preferential conduit for hydrothermal fluids.
The Laganière germanium showing is described as a peridotite outcrop within the Laganière gneissic Complex, which includes amphibolites and hornblende and biotite gneisses. The company says the showing returned 0.02% (186 ppm) germanium and is currently the highest germanium value reported from an outcrop in Quebec.
According to the company, the Laganière showing is beside a main lumber road and immediately adjacent to a cluster of electromagnetic anomalies of roughly 400 m x 400 m that were previously untested. It also states the showing is 450 m northeast of the FSZ, 800 m from the southern margin of the Duberger felsic pluton, and approximately 2 km west of the Grenville Front. The company says the area between the FSZ and the Laganière germanium showing, including the untested electromagnetic anomaly cluster, will be the main focus of the work.
The company reports that magnetic and electromagnetic data are available from Quebec government sources near the Laganière germanium showing, but that the data were acquired nearly 50 years ago in 1978. It says line spacing and elevation from the surface were 200 metres and 120 metres, respectively.
GERMANIUM MINING CORP. plans to conduct a new modern airborne survey covering the entire Lac Du Km 35 property. The survey is expected to be flown as weather allows in April 2026, with line spacing not exceeding 75 metres and elevation from the surface below 30 metres. The company says the updated data will be used to confirm existing anomalies and potentially outline new ones for ground verification during the upcoming summer field season.
Mario Pezzente, Chief Executive Officer, said the company is “excited to commence this multi-stage, fully funded 2026 exploration program” with the goal of making new germanium discoveries and improving understanding of the project. He added that germanium supports advanced technologies spanning defense, telecommunications, and next-generation computing, and that the company is focused on unlocking strategic resources in stable jurisdictions to support a more secure and resilient North American supply chain.
Germanium is described as a hard, greyish and brittle metalloid used in electronics and solar, as well as in fiber optics and infrared optics for civil and military uses. The company states germanium is listed as a critical metal in Canada, the United States, and the European Union.
The company also notes that since December 3, 2024, China—the largest producer of refined germanium—has banned germanium exports to the United States. It says germanium is not an openly traded commodity and that recent spot prices have been approximately USD $8,600.00 per kilogram.
The company states that the geological information in the release is historical and may not be representative of mineralization on the Lac du Km 35 property.
It says Benoit Moreau, P.Eng., a qualified person under National Instrument 43-101 and vice-president of exploration for Germanium Mining Corp., prepared and is responsible for the technical information in the news release.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
