Halcones Precious Metals Provides Update on Surface Rights Access for the Polaris Project

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Halcones Precious Metals Provides Update on Surface Rights Access for the Polaris Project. (2026, September 29). Toronto Star. https://www.thestar.com/globenewswire/halcones-precious-metals-provides-update-on-surface-rights-access-for-the-polaris-project/article_2a6bd888-ab65-5067-8657-654ba8e55880.html

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Toronto Star · collected 2026-09-29 · by GlobeNewswire, Inc.

Quick Summary

Halcones Precious Metals Corp., through its subsidiary Minera Los Halcones SpA, has received a compensation valuation report from an independent expert regarding the court proceedings initiated on October 30, 2025, in Chile to obtain surface rights for the Polaris project. The company is pursuing legal action to gain access to drill the site, following established legal procedures under Chilean law which prioritizes mineral rights over surface rights. Halcones continues to seek a negotiated settlement while also preparing to pursue all available legal means to secure the necessary surface access as quickly as possible.

Written by AI on 2026-09-29, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

Halcones Precious Metals Corp., a company traded on the TSXV under ticker HPM, announced an update regarding its efforts to gain surface rights access for the Polaris project in Chile. On October 20, 2025, Halcones' wholly-owned subsidiary Minera Los Halcones SpA (Minera Halcones) initiated legal proceedings before the Civil Court of Taltal, seeking an easement to diamond drill on land owned by Austral Exploraciones SpA. The court-appointed expert recently submitted a compensation valuation report to the court. Under Chilean law, mineral rights take precedence over surface rights, and there is a recognized process for securing access while compensating the surface rights holder. Legal requests for additional information have been met since proceedings began on October 30, 2025, with the court now set to rule on granting an easement.

Written for “Precious Metals Project Update” on 2026-11-04, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Precious Metals Project Update

Economy/Business · 1 article(s) covering the same event.

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Who wrote this

No reporter is named on this article, beyond the feed's “GlobeNewswire, Inc.”.

Topics

Austral Chilean Company Halcones Polaris

Subjects

Polaris ORG · 4× Halcones ORG · 3× Austral ORG · 2× Chilean NORP · 2× Company ORG · 2× GLOBE NEWSWIRE ORG · 1× HPM ORG · 1× Halcones Precious Metals Corp. ORG · 1× Minera Los Halcones SpA ORG · 1× TORONTO GPE · 1×

Narrative

Halcones Precious Metals Corp. (TSXV: HPM) (the “Company” or “Halcones”), further to its press release dated October 20, 2025, announces that Minera Los Halcones SpA (“Minera Halcones”), Halcones’ wholly-owned subsidiary, has been advised that the independent Court-appointed expert has submitted her compensation valuation report to the Civil Court of Taltal, Chile (the “Court”) in connection with the application before the Court to obtain surface rights access to the Polaris project (“Polaris” or the “Project”).

framing: assertive · carried by 1 article(s) · first seen 2026-09-29

🔮 Under Chilean law, similar to many jurisdictions including Canada, mineral rights, which are owned by the state, have preference over surface rights and there is a well-established process that will be followed to achieve access and arrange compensation for the surface rights holder.

2026-09-29 · Toronto Star

Halcones Precious Metals Provides Update on Surface Rights Access for the Polaris Project · assertive framing

Claims (6 extracted, 0 hedged)

expert → date → project

Halcones, representing Austral Exploraciones SpA (“Austral”), the owner of the Polaris mining concessions that have been optioned by the Company pursuant to a binding option agreement with Austral, continues to pursue obtaining an easement for surface access to diamond drill the Project through the Chilean legal system before the Court. asserted

that → represent → Court

The legal proceedings were initiated on October 30, 2025, and over the last few months all the Court’s requests for additional information have been satisfied. asserted

requests → initiate → information

The Court has been asked to rule on the surface access easement. asserted

Court → ask → easement

Under Chilean law, similar to many jurisdictions including Canada, mineral rights, which are owned by the state, have preference over surface rights and there is a well-established process that will be followed to achieve access and arrange compensation for the surface rights holder. asserted

that → include → holder

The Company continues to seek a negotiated agreement with the surface rights holders while the legal process proceeds but intends to pursue all legal avenues to obtain Polaris surface access as soon as possible. asserted

process → continue → access

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