Press Releases

REYNA SILVER INCREASES CLAIMS AT MEDICINE SPRINGS TO 6,500 Ha

Resourcesrecap June 9, 2023

VANCOUVER, BC and HONG KONG, CHINA June 9, 2023 / Reyna Silver Corp. (TSXV:RSLV)(OTCQX:RSNVF)(FRA:4ZC) (“Reyna” or the “Company”) is pleased to announce the filing of 210 new claims (1,730 ha) at its 100% optionality Medicine Springs Project in Elko Co. Nevada (See Press Release from January 5, 2023). These additional claimsbring the project total to 6,561 ha (Figure 1). Medicine Springs lies southeast of Elko, Nevada just east of the Ruby Mt. Range. The geologic features and results of the 2022 reconnaissance drilling program indicate a Carbonate Replacement Deposit (CRD) exposed at a distal level (See Press Release from January 10, 2022). Medicine Springs’ regional setting within a belt of highly-productive Porphyry Copper systems suggests the intrusive driver of the system may also be economically important. “The Medicine Springs 2022 reconnaissance drilling program proved potential for high-grade mineralization and room to grow, so we are excited to be gearing up for our expanded drilling program this summer,” said Jorge Ramiro Monroy, CEO of Reyna Silver. “Our geologists recognized features indicating the system extends to the Northwest, so we added 1,730 ha of new claims. This brings us to over 6,500 ha with one of the best mining addresses in the world, Elko County, Nevada.” Figure 1. Claim boundary of the Medicine Springs project. The existing 4,831 ha are denoted in blue. The new 1,730.6 ha are denoted by the green outline of the 201 new claims. Click here to watch the video QUALIFIED PERSON Dr. Peter Megaw, Ph.D., C.P.G., the Company’s Chief Exploration Advisor and Qualified Person, reviewed the technical aspects of the exploration projects described herein and is responsible for the design and conduct of the exploration program and the verification and quality assurance of analytical results. Dr. Megaw is not independent as he and/or companies with which he is affiliated hold Net Smelter Royalties on the Guigui and Batopilas Projects that predate Reyna Silver acquiring them. ABOUT REYNA SILVER Reyna Silver Corp. (TSXV: RSLV) is a growth-oriented junior exploration and development company focused on exploring for high-grade, district-scale silver deposits in Mexico and USA. Reyna’s principal properties are the Guigui and Batopilas Properties in Chihuahua, Mexico. Guigui covers the interpreted source area for the Santa Eulalia Carbonate Replacement District (CRD) and Batopilas covers most of Mexico’s historically highest-grade silver system. The Company also has an option to acquire 80% of the Medicine Springs property in Nevada, USA as well as the early stage La Durazno and Matilde and La Reyna mineral properties in Mexico. Cautionary Statements This document contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration results and plans, and our other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. Such forward-looking statements include, without limitation, our estimates of exploration investment, the scope of our exploration programs, and our expectations of ongoing administrative costs. There can be no assurance that such statements will prove to be accurate, and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company’s documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake any obligation to update forward-looking statements should conditions or our estimates or opinions change, except as required by law. Forward-looking statements are subject to risks, uncertainties and other factors, including risks associated with mineral exploration, price volatility in the mineral commodities we seek, and operational and political risks. Readers are cautioned not to place undue reliance on forward-looking statements. For Further Information, Please Contact: Jorge Ramiro Monroy, Chief Executive [email protected] Originial Source: https://reynasilver.com/system/uploads/RS-PressRelease-20230609.pdf

B2Gold Declares Second Quarter 2023 Dividend of $0.04 per Share

Resourcesrecap June 5, 2023

VANCOUVER, British Columbia, June 05, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that its Board of Directors (the “Board”) has declared a cash dividend for the second quarter of 2023 of $0.04 per common share (or an expected $0.16 per share on an annualized basis), payable on June 27, 2023, to shareholders of record as of June 16, 2023. All dollar figures are in United States Dollars unless otherwise indicated. As part of the long-term strategy to maximize shareholder value, B2Gold expects to declare future quarterly dividends at the same level. This dividend is designated as an “eligible dividend” for the purposes of the Income Tax Act (Canada). Dividends paid by B2Gold to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes. The declaration and payment of future dividends and the amount of any such dividends will be subject to the determination of the Board, in its sole and absolute discretion, taking into account, among other things, economic conditions, business performance, financial condition, growth plans, expected capital requirements, compliance with the B2Gold’s constating documents, all applicable laws, including the rules and policies of any applicable stock exchange, as well as any contractual restrictions on such dividends, including any agreements entered into with lenders to the Company, and any other factors that the Board deems appropriate at the relevant time. There can be no assurance that any dividends will be paid at the intended rate or at all in the future. About B2Gold B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines and numerous exploration and development projects in various countries including Canada, Mali, Finland and Uzbekistan. B2Gold forecasts total consolidated gold production of between 1,000,000 and 1,080,000 ounces in 2023. ON BEHALF OF B2GOLD CORP. “Clive T. Johnson” President & Chief Executive Officer The Toronto Stock Exchange and NYSE American LLC neither approve nor disapprove the information contained in this news release. Production guidance presented in this news release reflect total production at the mines B2Gold operates on a 100% project basis. Please see our Annual Information Form dated March 16, 2023 for a discussion of our ownership interest in the mines B2Gold operates. This news release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statement”) within the meaning of applicable Canadian and United States securities legislation, including: projections; outlook; guidance; forecasts; estimates; statements regarding future or estimated financial and operational performance, gold production and sales, revenues and cash flows, and capital costs (sustaining and non-sustaining) and operating costs, and including, without limitation: total consolidated gold production of between 1,000,000 and 1,080,000 ounces in 2023. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond B2Gold’s control, including risks associated with or related to: the volatility of metal prices and B2Gold’s common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving production, cost or other estimates; actual production, development plans and costs differing materially from the estimates in B2Gold’s feasibility and other studies; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; the ability to replace mineral reserves and identify acquisition opportunities; the unknown liabilities of companies acquired by B2Gold; the ability to successfully integrate new acquisitions; fluctuations in exchange rates; the availability of financing; financing and debt activities, including potential restrictions imposed on B2Gold’s operations as a result thereof and the ability to generate sufficient cash flows; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Mali, Namibia, the Philippines and Colombia and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; the lack of sole decision-making authority related to Filminera Resources Corporation, which owns the Masbate Project; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for B2Gold’s operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law, including Section 404 of the Sarbanes-Oxley Act; compliance with anti-corruption laws, and sanctions or other similar measures; social media and B2Gold’s reputation; risks affecting Calibre having an impact on the value of the Company’s investment in Calibre, and potential dilution of our equity interest in Calibre; as well as other factors identified and as described in more detail under the heading “Risk Factors” in B2Gold’s most recent Annual Information Form, B2Gold’s

Juanicipio Achieves Commercial Production

Resourcesrecap June 5, 2023

Vancouver, B.C. MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) is pleased to announce that commercial production has been achieved at the Juanicipio Project (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) effective June 1, 2023. Following a successful commissioning period, the Juanicipio mine, processing facility and other vital systems are operating in line with, or rapidly approaching design capacity. The Juanicipio mill is operating at approximately 85% of its design capacity of 4,000 tonnes per day (“tpd”) with silver recovery consistently above 88%. On a 100% basis, approximately 3.2 million ounces of silver have been produced from the Juanicipio processing facility from March 2023 to the end of May 2023, and production is expected to continue to increase steadily through Q3 where it is envisioned the plant will be running at design capacity. All major construction activities have now been completed and Juanicipio is demonstrating its ability to sustain ongoing production levels. The operations team is continually seeking opportunities to improve and optimize the mine, plant and other critical systems to achieve and potentially exceed design capacities. “Reaching this important milestone of commercial production at Juanicipio completes our transformation from developer to producer,” said George Paspalas, President and CEO of MAG Silver. “Today marks the beginning of a very exciting and dynamic growth phase for MAG as we combine stable, high-margin silver production with the ongoing high-grade exploration potential that has made and continues to make MAG so unique.” About MAG Silver Corp. (www.magsilver.com) MAG Silver Corp. is a growth-oriented Canadian development and exploration company focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, precious metals projects in the Americas. Its principal focus and asset is the 4,000 tonnes per day Juanicipio Project (44%), operated by Fresnillo Plc (56%). The project is located in the Fresnillo Silver Trend in Mexico, the world’s premier silver mining camp, where in addition to underground mine production and processing of mineralized material, an expanded exploration program is in place targeting multiple highly prospective targets. MAG is also executing multi-phase exploration programs at the Deer Trail 100% earn-in Project in Utah and the Larder Lake Project, located in the historically prolific Abitibi region of Canada. For further information on behalf of MAG Silver Corp. Contact Michael J. Curlook, Vice President, Investor Relations and Communications Phone: (604) 630-1399Toll Free: (866) 630-1399Website: www.magsilver.comEmail: [email protected] Neither the Toronto Stock Exchange nor the NYSE American has reviewed or accepted responsibility for the accuracy or adequacy of this press release, which has been prepared by management. This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts are forward looking statements, including statements that address our expectations with respect to the timing and success of commissioning activities and the full-scale ramp up of milling activities, processing rates of development materials, future mineral production, and events or developments. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Although MAG believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, impacts (both direct and indirect) of COVID-19, timing of receipt of required permits, changes in applicable laws, changes in commodities prices, changes in mineral production performance, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions, political risk, currency risk and capital cost inflation. In addition, forward-looking statements are subject to various risks, including that data is incomplete and considerable additional work will be required to complete further evaluation, including but not limited to drilling, engineering and socio-economic studies and investment. The reader is referred to the MAG Silver’s filings with the SEC and Canadian securities regulators for disclosure regarding these and other risk factors. There is no certainty that any forward-looking statement will come to pass, and investors should not place undue reliance upon forward-looking statements. Please Note: Investors are urged to consider closely the disclosures in MAG’s annual and quarterly reports and other public filings, accessible through the Internet at www.sedar.com and www.sec.gov. Source: https://magsilver.com/news/juanicipio-achieves-commercial-production/

New Found Intercepts 105 g/t Au Over 27.1m at Iceberg

Resourcesrecap June 5, 2023

Vancouver, BC, June 5, 2023 – New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from one diamond drill hole that was completed as part of a follow-up drill program at the new Iceberg discovery, a high-grade zone located 300m northeast of Keats Main along the highly prospective Appleton Fault Zone (“AFZ”). New Found’s 100%-owned Queensway project comprises a 1,662 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Iceberg Highlights: Melissa Render, VP of Exploration of New Found, stated: “Discovering high-grade gold mineralization of this magnitude over such a thick interval is rare in nature, and yet, Queensway has produced several of these high-caliber hits across a multitude of zones. NFGC-23-1210 runs 27m in length with several distinct areas of strong quartz veining, laden with visible gold (Figure 1). Logging of the hole identified 1,153 counts of visible gold, which ranks as one of the highest seen at Queensway to date. “The Keats-Baseline Fault has proven its potential time and time again and is now defined over a strike length of 1.8km. With the majority of drilling at Queensway focused in the top 250m, and with the seismic program well underway, we look forward to exploration drilling later in 2023 when we can use the drill bit to target the deeper plumbing along the Appleton Fault Zone with an eye towards finding feeder zones and repetitions in mineralization.” Drillhole Details Queensway 500,000m Drill Program Update The Company is currently undertaking a 500,000m drill program at Queensway and approximately 55,135m of core is currently pending assay results. Sampling, Sub-sampling, and Laboratory All drilling recovers HQ core. Drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core. A geologist examines the drill core and marks out the intervals to be sampled and the cutting line. Sample lengths are mostly 1.0 meter and adjusted to respect lithological and/or mineralogical contacts and isolate narrow (<1.0m) veins or other structures that may yield higher grades. Technicians saw the core along the defined cutting line. One-half of the core is kept as a witness sample and the other half is submitted for analysis. Individual sample bags are sealed and placed into totes, sealed and marked with the contents. New Found submits samples for gold determination by fire assay to ALS Canada Ltd. (“ALS”) and by photon assay to MSALABS (“MSA”) since June 2022. ALS and MSA operate under a commercial contract with New Found. Drill core samples are shipped to ALS for sample preparation in Sudbury, Ontario, Thunder Bay, Ontario, or Moncton, New Brunswick. ALS is an ISO-17025 accredited laboratory for the fire assay method. Drill core samples are also submitted to MSA in Val-d’Or, Quebec. MSA operates numerous laboratories worldwide and maintains ISO-17025 accreditation for many metal determination methods. Accreditation of the photon assay method at the MSA Val D’Or laboratory is in progress. At ALS, the entire sample is crushed to approximately 70% passing 2mm. A 3,000-g split is pulverized. “Routine” samples do not have visible gold (VG) identified and are not within a mineralized zone. Routine samples are assayed for gold by 30-g fire assay with an inductively-couple plasma spectrometry (ICP) finish. If the initial 30-g fire assay gold result is over 1 g/t, the remainder of the 3,000-g split is screened at 106 microns for screened metallics assay. For the screened metallics assay, the entire coarse fraction (sized greater than 106 microns) is fire assayed and two splits of the fine fraction (sized less than 106 microns) are fire assayed. The three assays are combined on a weight-averaged basis. Samples that have VG identified or fall within a mineralized interval are automatically submitted for screened metallic assay for gold. At MSA, the entire sample is crushed to approximately 70% passing 2mm. For “routine” samples that do not have VG identified and are not within a mineralized zone, the samples are riffle split to fill two 450g jars for photon assay. The assays reported from both jars are combined on a weight-averaged basis. If one of the jars assays greater than 1 g/t, the remaining crushed material is weighed into multiple jars and are submitted for photon assay. For samples that have VG identified or are within a mineralized zone, the entire crushed sample is weighed into multiple jars and are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis. All samples prepared at ALS or MSA are also analyzed for a multi-element ICP package (ALS method code ME-ICP61) at ALS Vancouver. Drill program design, Quality Assurance/Quality Control and interpretation of results are performed by qualified persons employing a rigorous Quality Assurance/Quality Control program consistent with industry best practices. Standards and blanks account for a minimum of 10% of the samples in addition to the laboratory’s internal quality assurance programs. Quality Control data are evaluated on receipt from the laboratories for failures. Appropriate action is taken if assay results for standards and blanks fall outside allowed tolerances. All results stated have passed New Found’s quality control protocols. New Found’s quality control program also includes submission of the second half of the core for approximately 5% of the drilled intervals. In addition, approximately 1% of sample pulps for mineralized samples are submitted for re-analysis to a second ISO-accredited laboratory for check assays. The Company does not recognize any factors of drilling, sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed. The assay data disclosed in this news release have been verified by the Company’s Qualified Person against the original assay certificates. The Company notes that it has not completed any economic evaluations of its Queensway Project and that the Queensway Project does not have any resources or reserves. Qualified Person The scientific and technical information disclosed in this press release was reviewed and approved by Greg Matheson, P. Geo., Chief Operating Officer, and a Qualified Person as defined under

New Found Extends Strike Length of Iceberg Ten-Fold to 550m With 375m Step-Out North & 110m Step-Out South, Intercepts 19.6 g/t Au Over 5.25M & 21.7 g/t Au Over 4.45m

Resourcesrecap May 31, 2023

Vancouver, BC, May 31, 2023 – New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 13 diamond drill holes that were completed as part of a follow-up drill program at the new Iceberg discovery, a high-grade zone located 300m northeast of Keats Main along the highly prospective Appleton Fault Zone (“AFZ”). New Found’s 100%-owned Queensway project comprises a 1,662 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Iceberg and Iceberg East Highlights: Greg Matheson, COO of New Found, stated: “In the early days of the Queensway discovery at Keats Main, we took a very methodical approach to exploration, utilizing small step-outs to track mineralization and fully understand the structure along the Keats-Baseline Fault Zone (“KBFZ”). At Iceberg, the perceived fault-displaced eastern extension of Keats Main located along the KBFZ, we have taken a decidedly different approach, implementing more aggressive step-outs with the goal of more quickly grasping the scale of structure and mineralization. We now know Iceberg has a defined strike length of 550m. This is within the overall Keats-Iceberg KBFZ corridor that has a defined strike length of over 1.8km, where it remains open.” Drillhole Details Queensway 500,000m Drill Program Update The Company is currently undertaking a 500,000m drill program at Queensway and approximately 60,800m of core is currently pending assay results. Sampling, Sub-sampling, and Laboratory All drilling recovers HQ core. Drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core. A geologist examines the drill core and marks out the intervals to be sampled and the cutting line. Sample lengths are mostly 1.0 meter and adjusted to respect lithological and/or mineralogical contacts and isolate narrow (<1.0m) veins or other structures that may yield higher grades. Technicians saw the core along the defined cutting line. One-half of the core is kept as a witness sample and the other half is submitted for analysis. Individual sample bags are sealed and placed into totes, sealed and marked with the contents. New Found submits samples for gold determination by fire assay to ALS Canada Ltd. (“ALS”) and by photon assay to MSALABS (“MSA”) since June 2022. ALS and MSA operate under a commercial contract with New Found. Drill core samples are shipped to ALS for sample preparation in Sudbury, Ontario, Thunder Bay, Ontario, or Moncton, New Brunswick. ALS is an ISO-17025 accredited laboratory for the fire assay method. Drill core samples are also submitted to MSA in Val-d’Or, Quebec. MSA operates numerous laboratories worldwide and maintains ISO-17025 accreditation for many metal determination methods. Accreditation of the photon assay method at the MSA Val D’Or laboratory is in progress. At ALS, the entire sample is crushed to approximately 70% passing 2mm. A 3,000-g split is pulverized. “Routine” samples do not have visible gold (VG) identified and are not within a mineralized zone. Routine samples are assayed for gold by 30-g fire assay with an inductively-couple plasma spectrometry (ICP) finish. If the initial 30-g fire assay gold result is over 1 g/t, the remainder of the 3,000-g split is screened at 106 microns for screened metallics assay. For the screened metallics assay, the entire coarse fraction (sized greater than 106 microns) is fire assayed and two splits of the fine fraction (sized less than 106 microns) are fire assayed. The three assays are combined on a weight-averaged basis. Samples that have VG identified or fall within a mineralized interval are automatically submitted for screened metallic assay for gold. At MSA, the entire sample is crushed to approximately 70% passing 2mm. For “routine” samples that do not have VG identified and are not within a mineralized zone, the samples are riffle split to fill two 450g jars for photon assay. The assays reported from both jars are combined on a weight-averaged basis. If one of the jars assays greater than 1 g/t, the remaining crushed material is weighed into multiple jars and are submitted for photon assay. For samples that have VG identified or are within a mineralized zone, the entire crushed sample is weighed into multiple jars and are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis. All samples prepared at ALS or MSA are also analyzed for a multi-element ICP package (ALS method code ME-ICP61) at ALS Vancouver. Drill program design, Quality Assurance/Quality Control and interpretation of results are performed by qualified persons employing a rigorous Quality Assurance/Quality Control program consistent with industry best practices. Standards and blanks account for a minimum of 10% of the samples in addition to the laboratory’s internal quality assurance programs. Quality Control data are evaluated on receipt from the laboratories for failures. Appropriate action is taken if assay results for standards and blanks fall outside allowed tolerances. All results stated have passed New Found’s quality control protocols. New Found’s quality control program also includes submission of the second half of the core for approximately 5% of the drilled intervals. In addition, approximately 1% of sample pulps for mineralized samples are submitted for re-analysis to a second ISO-accredited laboratory for check assays. The Company does not recognize any factors of drilling, sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed. The assay data disclosed in this news release have been verified by the Company’s Qualified Person against the original assay certificates. The Company notes that it has not completed any economic evaluations of its Queensway Project and that the Queensway Project does not have any resources or reserves. Qualified Person The scientific and technical information disclosed in this press release was reviewed and approved by Greg Matheson, P. Geo., Chief Operating Officer, and a Qualified Person as defined under National Instrument 43-101. Mr. Matheson consents to the publication of this press release dated May 31, 2023, by New Found. Mr. Matheson certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for

First Majestic Announces Voting Results from Annual General Meeting

Resourcesrecap May 26, 2023

Vancouver, British Columbia–(Newsfile Corp. – May 26, 2023) – First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (“First Majestic” or the “Company”) is pleased to announce the voting results for its annual general meeting held on May 25, 2023. A total of 121,898,845 shares were represented at the meeting, being 44.41% of the Company’s issued and outstanding common shares. The voting results submitted by proxy are as follows: ELECTION OF DIRECTORS Director Nominee Votes For % For Votes Withheld % Withheld Keith Neumeyer 79,133,059 97.19% 2,288,441 2.81% Marjorie Co 76,604,882 94.08% 4,816,617 5.92% Thomas Fudge, Jr. 75,328,385 92.52% 6,093,115 7.48% Ana Lopez 43,257,068 53.13% 38,164,432 46.87% Raymond Polman 76,395,313 93.83% 5,026,187 6.17% Jean Des Rivières 76,379,816 93.81% 5,041,685 6.19% Colette Rustad 80,156,948 98.45% 1,264,551 1.55% Shareholders approved setting the total number of directors to seven, re-elected the seven incumbent directors to the Board of Directors, and re-appointment of Deloitte LLP as auditors for the Company. The non-binding advisory resolution with respect to the Company’s approach to executive compensation as outlined in the Circular was not approved by shareholders. Thomas Fudge, Chairman of the Board, stated, “We acknowledge the low Say on Pay Advisory Vote and shareholder concerns regarding our disclosure of compensation practices and incentive policies for executives and officers. In 2023, we are committed to engaging with our shareholders to better understand and address their concerns. First Majestic will focus on enhancing our disclosure of the metrics used in determining total compensation, including short-and long term incentives.” SAY ON PAY ADVISORY VOTE Votes For % For Votes Against % Against 21,309,139 26.17% 60,112,358 73.83% ABOUT THE COMPANY First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. First Majestic is proud to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at its Bullion Store at some of the lowest premiums available. FOR FURTHER INFORMATION contact [email protected], visit our website at www.firstmajestic.com or call our toll-free number 1.866.529.2807. FIRST MAJESTIC SILVER CORP. “signed” Keith Neumeyer, President & CEO Cautionary note regarding forward-looking statements Certain statements made and information contained herein may constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and United States securities legislation, including, among other things, information with respect to this presentation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as “anticipates”, “believes”, “targets”, “estimates”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the Company’s plan to focus on enhancing its disclosure metrics used in determining total compensation, including short-and long term incentives. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167720

First Majestic Reminds Shareholders to Vote in Upcoming Annual General Meeting

Resourcesrecap May 22, 2023

Vancouver, British Columbia–(Newsfile Corp. – May 22, 2023) – First Majestic Silver Corp. (“First Majestic” or the “Company”) reminds the shareholders of the Company (the “Shareholders”) about the upcoming annual general meeting of Shareholders (the “Meeting”) scheduled to take place on Thursday, May 25th at 10:00 a.m. (Vancouver time) at the Sutton Place Hotel located at 845 Burrard Street, Vancouver, British Columbia, V6Z 2K6. The Board of Directors of First Majestic Silver recommends that Shareholders vote FOR all the resolutions. The record date for notice and for voting at the Meeting is April 3, 2023. Only registered shareholders at the close of business on April 3, 2023, will be entitled to vote at the Meeting. If you are a registered shareholder of the Company and are unable to attend the Meeting, please read, sign and date the form of proxy for the Meeting (the “Proxy”) and deposit it with Computershare Investor Services Inc. (“Computershare”) by courier or mail at 100 University Avenue, 8th Floor, Toronto, Ontario, M5J 2Y1, Attention: Proxy Department, or by facsimile at 1-866-249-7775 (toll-free in North America) or 1-416-263-9524 (international) by 12:00 p.m. (Vancouver time) on Wednesday, May 24, 2023. Alternatively, registered shareholders may vote by telephone (1-866-732-8683) or online (www.investorvote.com) using the 12-digit control number listed on the Proxy. If you are a non-registered shareholder of the Company, please complete and return the voting instruction form (or other accompanying form) in accordance with the instructions for completion and deposit. ABOUT THE COMPANY First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. First Majestic is proud to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at its Bullion Store at some of the lowest premiums available. FOR FURTHER INFORMATION contact [email protected], visit our website at www.firstmajestic.com or call our toll free number 1.866.529.2807. FIRST MAJESTIC SILVER CORP. “signed” Keith Neumeyer, President & CEO Cautionary Note Regarding Forward Looking Statements This press release contains “forward‐looking information” and “forward-looking statements” under applicable Canadian and U.S. securities laws (collectively, “forward‐looking statements”). These statements relate to future events or the Company’s future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management’s experience and perception of historical trends, current conditions and expected future developments. Forward-looking statements include, but are not limited to, statements with respect to: the time and place of the meeting, the process of voting at the meeting, the use of the online and telephone platforms to cast votes. Assumptions may prove to be incorrect and actual results may differ materially from those anticipated. All statements other than statements of historical fact may be forward‐looking statements. The Company’s most recent Annual Information Form is available on www.sedar.com and Form 40-F is on file with the United States Securities and Exchange Commission in Washington, D.C. Although First Majestic has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company believes that the expectations reflected in these forward‐looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167011

B2Gold Releases its Seventh Annual Responsible Mining Report and its Second Annual Climate Strategy Report

Resourcesrecap May 16, 2023

VANCOUVER, British Columbia, May 16, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that it has published its seventh annual Responsible Mining Report entitled “Raising the Bar” (the “Report”), which details B2Gold’s global economic contributions and its environmental, social, and governance management practices, together with the Company’s performance against key indicators in 2022. B2Gold is also pleased to announce that it has published its second annual Climate Strategy Report. The 2022 Climate Strategy Report is the Company’s second annual report in line with the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”). The Climate Strategy Report presents stakeholders with an understanding of how B2Gold takes action to manage its climate impacts and climate-related risks to the Company. To view or download a copy of the Responsible Mining Report and Climate Strategy Report and all other documents referred to in this press release, please visit www.b2gold.com/responsible-mining/esg-reporting-portal/ . All dollar figures are in United States dollars unless otherwise indicated. In announcing the release of the reports, Clive Johnson, President & CEO of B2Gold, stated, “At B2Gold, responsible mining is a fundamental aspect of our organizational culture and has been since the formation of our Company over 15 years ago. We pride ourselves on being able to manage accretive growth and development whilst remaining dedicated to upholding and integrating our high sustainability standards. Our dynamic, and sometimes contrarian approach, takes discipline – discipline to venture into new places, pursue challenging opportunities, and to find innovative solutions to the obstacles of today. As we reflect on the 2022 year, I would like to commend our global teams for the work they have done to enhance our social and environmental performance as we continue to raise the bar on our own performance and set ambitious goals for our future. One of these goals is responding to the challenges of the climate emergency through the implementation of our Climate Strategy, and following this strategy with action. In 2023, we will be moving forward with the expansion of the Fekola solar plant in Mali, with construction expected to begin in the third quarter. The expansion is projected to increase solar power capacity by 22 megawatts, reduce GHG emissions by approximately 24,000 tonnes per year and reduce heavy fuel oil consumption by an average 7.6 million litres per year. B2Gold’s Climate Strategy will best position us and our stakeholders to continue to thrive as society transitions to a low-carbon economy.” Highlights from the 2022 “Raising the Bar” Responsible Mining Report Economic Contribution As a responsible gold miner, B2Gold aims to create and distribute economic value among its stakeholders. The Company’s successful business results in 2022 are celebrated by its shareholders along with the many stakeholders in the countries, regions, and communities where it operates. B2Gold’s economic performance is measured by the economic value that it generates for others, including payments to governments through taxes and royalties, local hiring and procurement, and investment in communities. In 2022, B2Gold: B2Gold is committed to maximizing local and national economic benefits from its contracting and purchasing. The Company is conscious of the high priority that host communities and governments place on local procurement, which is why it gives preference to local businesses where possible, provided they meet minimum safety, quality, ethical, and cost requirements, in sourcing the goods and services necessary to run its operations. In 2022, over 62% of goods and services were procured from local and host country businesses. Several 2022 success stories are outlined in the Report. _____________________ 1 Includes 54,871 ounces of attributable production from Calibre Mining Corp. People As a reputable corporate citizen, B2Gold generates local employment and opportunities for people to develop their careers; trains employees to acquire new skills; and opens doors to women, under-represented groups, and previously-disadvantaged people. The Company fosters positive and productive engagement with employees and provides safe workplaces, and believes that investing in people attracts and retains talented individuals and assists in their abilities to provide for themselves, their families, and their futures. At the end of 2022, B2Gold employed 4,995 people across all operations, which comprised 4,836 direct employees and 159 supervised labour employees. The Company continues to maintain high local employment rates by targeting recruitment efforts at regional and national levels. Across all operations, 97% of the total workforce was comprised of local employees, and 65% of senior management at operations was local. B2Gold implemented a three-year Equity, Diversity and Inclusion (“EDI”) Strategy in 2020 through to 2022. As part of this work, an EDI Workplaces Policy and a Diversity Policy for Board and management-level positions were implemented. The Diversity Policy established targets for 30% female representation on the Board and in management-level positions. In discussing the EDI Strategy, Clive Johnson stated, “Improving equity and diversity outcomes are a major area of focus for B2Gold as we move towards our goals of 30% female representation in Board and management-level positions. We recently achieved one of these milestones with the appointment of Lisa Pankratz to our Board of Directors on January 1, 2023. Increasing the number of women in leadership positions sends a strong message throughout our organization that B2Gold values a diverse workforce.” Health and Safety As a result of B2Gold’s focus on injury prevention, the Company is once again pleased to report that it has maintained a zero-fatality workplace (for the seventh consecutive year), and in 2022 further reduced its injury frequency rates with a Lost Time Injury Frequency Rate of 0.05, and an Injury Severity Rate of 1.79. Despite a slight increase in the Total Recordable Injury Frequency Rate to 0.31 in 2022, up from 0.27 in 2021, B2Gold’s injury frequency rates remain amongst the lowest in the mining industry. While B2Gold’s safety performance remains strong, the Company’s goal continues to be injury and illness prevention and sending everyone ‘HOME-SAFE’. Environment In 2022, B2Gold developed a Sustainability Strategic Plan (“Strategic Plan”), which identifies key environmental and social aspects for improvement and defines specific objectives for

MAG Silver Reports First Quarter Financial Results

Resourcesrecap May 10, 2023

Vancouver, B.C. MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces the Company’s unaudited financial results for the three months ended March 31, 2023. For details of the unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis for the three months ended March 31, 2023, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in $000s of United States dollars (“US$”) unless otherwise specified (C$ refers to Canadian dollars). KEY HIGHLIGHTS (on a 100% basis unless otherwise noted) OPERATIONAL (on a 100% basis unless otherwise noted) CORPORATE EXPLORATION JUANICIPIO PROJECT UPDATE Underground Mine Production With the Juanicipio plant now in the ramp-up phase, excess mineralized material from the Juanicipio Project continues to be campaign processed, subject to capacity availability, at the nearby Saucito and Fresnillo plants (both 100% owned by Fresnillo). Metals are refined and sold on commercial terms under long-term off-take agreements with an affiliate of Fresnillo. In the three months ended March 31, 2023, a total of 222,023 tonnes of mineralized development and stope material were processed through the Juanicipio, Saucito and Fresnillo plants. The resulting payable metals sold and associated processing details are summarized in Table 1 below. The sales and treatment charges for tonnes processed in Q1 2023 were recorded on a provisional basis and will be adjusted in the second quarter of 2023 based on final assay and pricing adjustments in accordance with the offtake contracts Table 1: Mineralized Material Processed at Juanicipio, Saucito and Fresnillo Plants (100% basis) (1) The underground mine is now in stopes with mineralized development and stope material being processed through the Juanicipio, Saucito and Fresnillo plants and refined and sold. The mine was considered readied for its intended use on January 1, 2022. The average silver head grade for the mineralized development and stope material processed in the three months ended March 31, 2023 was 363 g/t (three months ended March 31, 2022: 597 g/t). The lower head grade was a direct result of the processing of lower grade stockpiles which were earmarked for the commissioning of the Juanicipio processing facility. Mining operations continue to perform as planned and will ramp up high grade feed as the Juanicipio plant approaches commercial production and recovery rates are in line with design. Over the course of Q1 2023 the Juanicipio plant delivered recovery rates averaging 84% for silver, slightly above expectations at this stage of the commissioning. Processing Plant Construction & Outlook Commissioning commenced in early January 2023 with feed of lower grade mineralized material to the grinding mills. Juanicipio produced and shipped its first commercial lead and zinc concentrates in March 2023 and has commenced regular concentrate shipments. Processing of higher-grade material has commenced in April with commensurate improvements in silver recovery and associated concentrate grades. With the plant now in the commissioning and ramp-up phase, final project capital costs are winding down as Juanicipio approaches full commercial production. Additional funding requirements related to market conditions, delayed ramp up to nameplate capacity, tax payments or additional sustaining capital in excess of the operating cash flow generated is expected to be funded by further cash calls required from Fresnillo and MAG. FINANCIAL RESULTS – THREE MONTHS ENDED MARCH 31, 2023 As at March 31, 2023, MAG had working capital of $53,998 (December 31, 2022: $29,232) including cash of $54,613 (December 31, 2022: $29,955) and no long-term debt. As well, as at March 31, 2023, Juanicipio had a working capital of $48,351 including cash of $8,454 (MAG’s attributable share is 44%). The Company’s net income for the three months ended March 31, 2023 amounted to $4,713 (March 31, 2022: $2,680) or $0.05/share (March 31, 2022: $0.03/share). MAG recorded its 44% income from equity accounted investment in Juanicipio of $7,919 (March 31, 2022: $13,762) which included MAG’s 44% share of net income from the sale of pre-production development and stope material as well as loan interest earned on loans advanced to Juanicipio (see Table 2 below). Table 2: MAG’s share of income from its equity accounted Investment in Juanicipio Qualified Person: All scientific or technical information in this press release including assay results referred to, and Mineral Resource estimates, if applicable, is based upon information prepared by or under the supervision of, or has been approved by Dr. Peter Megaw, Ph.D., C.P.G., a Certified Professional Geologist who is a “Qualified Person” for purposes of National Instrument 43-101, Standards of Disclosure for Mineral Projects (“National Instrument 43-101” or “NI 43-101”). Dr. Megaw is not independent as he is an officer and a paid consultant of MAG. About MAG Silver Corp. (www.magsilver.com) MAG Silver Corp. is a growth-oriented Canadian development and exploration company focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, precious metals projects in the Americas. Its principal focus and asset is the 4,000 tonnes per day Juanicipio Project (44%), operated by Fresnillo Plc (56%). The project is located in the Fresnillo Silver Trend in Mexico, the world’s premier silver mining camp, where in addition to underground mine production and processing of mineralized material, an expanded exploration program is in place targeting multiple highly prospective targets. MAG is also executing multi-phase exploration programs at the Deer Trail 100% earn-in Project in Utah and the Larder Lake Project, located in the historically prolific Abitibi region of Canada. For further information on behalf of MAG Silver Corp. Contact Michael J. Curlook, Vice President, Investor Relations and Communications Phone: (604) 630-1399Toll Free: (866) 630-1399Website: www.magsilver.comEmail: [email protected] Neither the Toronto Stock Exchange nor the NYSE American has reviewed or accepted responsibility for the accuracy or adequacy of this press release, which has been prepared by management. Certain information contained in this release, including any information relating to MAG’s future oriented financial information, are “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and United States securities legislation (collectively herein referred as “forward-looking statements”), including the “safe harbour” provisions of provincial securities legislation, the U.S. Private Securities Litigation Reform Act of 1995, Section 21E of the U.S. Securities

B2Gold Reports Q1 2023 Results; Cash Operating Costs and All-In Sustaining Costs Below 2023 Annual Guidance Ranges; Operating Cash Flow before Working Capital Adjustments of $223 million

Resourcesrecap May 9, 2023

VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces its operational and financial results for the first quarter of 2023. All dollar figures are in United States dollars unless otherwise indicated. 2023 First Quarter Highlights First Quarter 2023 Results Three months ended March 31, 2023 2022 Gold revenue ($ in thousands) 473,556 365,583 Net income ($ in thousands) 101,904 90,803 Earnings per share – basic ( 1) ($/ share) 0.08 0.08 Earnings per share – diluted ( 1) ($/ share) 0.08 0.08 Cash provided by operating activities ($ thousands) 203,823 107,310 Average realized gold price ($/ ounce) 1,901 1,874 Adjusted net income ( 1)(2) ($ in thousands) 105,862 65,096 Adjusted earnings per share ( 1)(2) – basic ($) 0.10 0.06 Excluding equity investment in Calibre: Gold sold (ounces) 249,150 195,100 Gold produced (ounces) 250,719 196,473 Cash operating costs ( 2) ($/ gold ounce sold) 512 630 Cash operating costs ( 2) ($/ gold ounce produced) 576 676 Total cash costs ( 2) ($/ gold ounce sold) 653 762 All-in sustaining costs ( 2) ($/ gold ounce sold) 1,049 1,028 Including equity investment in Calibre: Gold sold (ounces) 265,292 208,089 Gold produced (ounces) 266,856 209,365 Cash operating costs ( 2) ($/ gold ounce sold) 540 656 Cash operating costs ( 2) ($/ gold ounce produced) 600 699 Total cash costs ( 2) ($/ gold ounce sold) 678 784 All-in sustaining costs ( 2) ($/ gold ounce sold) 1,060 1,036 (1) Attributable to the shareholders of the Company. (2) Non-IFRS measure. For a description of how these measures are calculated and a reconciliation of these measures to the most directly comparable measures specified, defined or determined under IFRS and presented in the Company’s financial statements, refer to “Non-IFRS Measures”. Liquidity and Capital Resources B2Gold continues to maintain a strong financial position and liquidity. At March 31, 2023, the Company had cash and cash equivalents of $674 million (December 31, 2022 – $652 million) and working capital (defined as current assets less current liabilities) of $804 million (December 31, 2022 – $802 million). At March 31, 2023, the full amount of the Company’s $600 million revolving credit facility was undrawn and available. First Quarter 2023 Dividend On February 22, 2023, B2Gold’s Board of Directors (“Board”) declared a cash dividend for the first quarter of 2023 of $0.04 per common share (or an expected $0.16 per share on an annualized basis), paid on March 17, 2023. The declaration and payment of future quarterly dividends remains at the discretion of the Board and will depend on the Company’s financial results, cash requirements, future prospects and other factors deemed relevant by the Board. Back River Gold District Update On April 19, 2023, the Company completed the acquisition of Sabina, resulting in the Company acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada by issuing approximately 216 million common shares of B2Gold as consideration. The Back River Gold District consists of five mineral claims blocks along an 80 kilometer (“km”) belt. The most advanced project in the district, Goose, is fully permitted, construction ready, and has been de-risked with significant infrastructure currently in place. The Goose Project has an estimated two year construction period, which is expected to be completed in the first quarter of 2025. B2Gold’s management team has strong northern construction expertise and the experience to deliver the fully permitted Goose Project and the financial resources to develop the significant gold resource endowment at the Back River Gold District into a large, long life mining complex. B2Gold recognizes that respect and collaboration with the Kitikmeot Inuit Association is central to the license to operate in the Back River Gold District and will continue to prioritize developing the project in a manner that recognizes Indigenous input and concerns and brings long-term socio-economic benefits to the area. Subsequent to completion of the acquisition of Sabina, B2Gold completed its inaugural winter ice road season and received all critical materials that were necessary to maintain the schedule for construction completion of the mill in the first quarter of 2025. During the season, upgrades to road alignment and sub-base were completed to improve the winter ice road for future seasons. The transportation of materials concluded with the receipt of all necessary supplies, allowing for the pouring of concrete for key facilities and installation of structural steel to weather in the key facilities ahead of next seasons winter ice road campaign. Additionally, preparations for the 2023 sea lift continue and to date all ordered materials have arrived as scheduled. Currently, on-site activities are focused on building a new employee camp (Phase 1 of the new camp is scheduled for completion on July 1, 2023), extending the airstrip to support the increased work force, primary pond construction to satisfy start-up water requirements, and continued development of the open pit and underground areas. The Back River Gold District includes significant untapped exploration potential across the 80 km belt. To accelerate pursuing this potential, B2Gold has approved a $20 million exploration budget for the balance of 2023 to complete approximately 25,000 m of drilling. The $20 million budget is significantly higher than historical annual exploration expenditures. Drilling will be focused in proximity to existing deposits at the Goose Project, as well as following up on regional targets identified at the George, Boulder, Boot and Del projects. Subsequent to the completion of the acquisition of Sabina, B2Gold extinguished certain of Sabina’s construction financing obligations. The original Gold Metal Offtake Agreement between Sabina and Orion Mine Finance (“Orion”) allowed for the repurchase of 50% of the gold offtake in the event of a change of control for $31 million. Under the terms of the agreement with Orion, B2Gold paid a total purchase price of $62 million to retire the entire gold metal offtake obligation. In addition, B2Gold has paid $3 million to retire the senior secured debt facility and gold prepay facility entered into between Orion and Sabina. After completion of the repurchase transactions, Orion will no longer hold any security over the Goose Project or the Back River Gold District. The original Stream

First Majestic Reports First Quarter Financial Results and Quarterly Dividend Payment

Resourcesrecap May 4, 2023

Vancouver, British Columbia–(Newsfile Corp. – May 4, 2023) – First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (the “Company” or “First Majestic”) is pleased to announce the unaudited interim consolidated financial results of the Company for the first quarter ended March 31, 2023. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s website at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise. FIRST QUARTER 2023 HIGHLIGHTS OPERATIONAL AND FINANCIAL HIGHLIGHTS Key Performance Metrics 2023-Q1 2022-Q4 Change Q1 vs Q4 2022-Q1 Change Q1 vs Q1 Operational Ore Processed / Tonnes Milled 845,868 851,564 (1%) 877,118 (4%) Silver Ounces Produced 2,543,059 2,396,696 6% 2,613,327 (3%) Gold Ounces Produced 60,594 63,039 (4%) 58,891 3% Silver Equivalent Ounces Produced 7,627,105 7,558,791 1% 7,222,002 6% Cash Costs per Silver Equivalent Ounce (1) $ 15.16 $ 15.36 (1%) $ 14.94 1% All-in Sustaining Cost per Silver Equivalent Ounce (1) $ 20.90 $ 20.69 1% $ 20.87 0% Total Production Cost per Tonne(1) $ 130.71 $ 131.41 (1%) $ 118.51 10% Average Realized Silver Price per Silver Equivalent Ounce (1) $ 21.98 $ 23.24 (5%) $ 26.68 (18%) Financial (in $millions) Revenues $ 157.0 $ 148.2 6 % $ 156.8 0% Mine Operating (loss) Earnings ($6.4 ) ($13.3 ) (52%) $ 15.1 (143%) Net (loss) earnings ($100.7 ) ($16.8 ) NM $ 7.3 NM Operating Cash Flows before Non-Cash Working Capital and Taxes $ 21.9 $ 13.4 63% $ 35.3 (38%) Cash and Cash Equivalents $ 104.8 $ 151.4 (31%) $ 192.8 (46%) Working Capital (1) $ 184.6 $ 202.9 (9%) $ 194.4 (5%) Free Cash Flow (1) ($26.7 ) ($32.3 ) (17%) ($40.4 ) (34%) Shareholders Earnings per Share (“EPS”) (loss) – Basic ($0.37 ) ($0.06 ) NM $ 0.03 NM Adjusted EPS (1) $ 0.00 ($0.07 ) (100%) ($0.02 ) (114%) NM – Not meaningful (1) See “Non-GAAP Measures” below for further details of these measures. Q1 2023 FINANCIAL RESULTS The Company realized an average silver price of $21.98 per AgEq ounce during the first quarter of 2023, representing an 18% decrease compared to the first quarter of 2022 and a 5% decrease compared to the prior quarter. Revenues generated in the first quarter totaled $157.0 million compared to $156.8 million with the first quarter of 2022. Cash flow from operations before movements in working capital and income taxes in the quarter was $21.9 million compared to $35.3 million in the first quarter of 2022. The Company reported mine operating earnings of ($6.4) million compared to $15.1 million in the first quarter of 2022. The decrease in mine operating earnings is primarily attributed to lower than expected production at Jerritt Canyon resulting in higher production costs per ounce, as well as higher labour, inflation, consumables and energy costs during the quarter. The Company also incurred $5.1 million in standby costs for winding down activities at Jerritt Canyon. The Company reported net earnings of ($100.7) million (EPS of ($0.37)) compared to $7.3 million (EPS of $0.03) in the first quarter of 2022. The Company recognized an impairment charge of $125.2 million, or $94.0 million net of tax, on the Jerritt Canyon Gold Mine following the Company’s decision to the temporarily suspend mining operations and focus on exploration activities to strengthen reserves and resources at the mine. Adjusted net earnings for the quarter, normalized for non-cash or non-recurring items such as share-based payments, unrealized losses on marketable securities and non-recurring write-downs on mineral inventory for the quarter was $0.9 million (adjusted EPS of $0.00) compared to ($6.2) million (adjusted EPS of ($0.02)) in the first quarter of 2022. Cash flow from operations before movements in working capital and income taxes in the quarter was $21.9 million compared to $35.3 million in the first quarter of 2022. As of March 31, 2023, the Company had a cash and restricted cash balance of $235.9 million consisting of $104.8 million of cash and cash equivalents and $131.1 million of restricted cash. OPERATIONAL HIGHLIGHTS The table below represents the quarterly operating and cost parameters at each of the Company’s four producing mines during the quarter. First Quarter Production Summary San Dimas Santa Elena La Encantada Jerritt Canyon Consolidated Ore Processed / Tonnes Milled 219,367 208,821 271,278 146,403 845,868 Silver Ounces Produced 1,602,483 104,129 836,448 – 2,543,059 Gold Ounces Produced 20,124 24,039 89

MAG Silver Strengthens Management Team

Resourcesrecap May 1, 2023

Vancouver, B.C. MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) is pleased to announce the appointment of Gary Methven as Vice President: Technical Services effective May 1, 2023, and the promotion of Jill Neff to Vice President: Governance and Company Secretary effective immediately. Mr. Methven is a skilled mining professional with experience in the mining industry spanning three decades. His expertise includes deep-level underground precious-metal mining, long-term mine planning, project management and consulting. He has managed technical and operational teams in many underground mines globally and, in his more recent capacity as Principal Mining Engineer and Underground Manager for AMC Mining Consultants (Canada), has led technical and trade-off studies, authored technical reports, estimated and audited mineral reserves, and led operational due diligence for companies operating in the Americas, including Fresnillo Plc, Pan American Silver and Capstone Copper. Prior to joining MAG, Mr. Methven held several operational and consulting positions at AMC Mining Consultants (Canada), Newmont Australia, Hatch Africa, Gold Fields and Anglo American. Mr. Methven holds a Bachelor of Science in Mining Engineering from the University of the Witwatersrand and is a practicing Professional Engineer with Engineers and Geoscientists, British Columbia. Ms. Neff has been with MAG since 2021 and has over 18 years’ experience in corporate governance, corporate secretarial duties, corporate law and securities regulation. She has been instrumental in MAG’s corporate governance and regulatory compliance initiatives and has played a key role in the Company’s public reporting obligations. In her expanded role, Ms. Neff will continue to oversee all aspects of governance and compliance, and will also take on additional responsibilities related to human capital. “Gary and Jill are both highly skilled professionals and we are thrilled to have them on board in these very important roles,” said George Paspalas, President and CEO of MAG. “Gary’s extensive technical expertise and leadership experience will be invaluable as we focus on extracting the best value from Juanicipio and progressing our other exciting exploration projects at Deer Trail and Larder, and Jill, in her new, expanded role, will continue to keep MAG abreast of corporate and governance responsibilities as we transition into a Tier-1 silver producer.” About MAG Silver Corp. (www.magsilver.com) MAG Silver Corp. is a growth-oriented Canadian development and exploration company focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, precious metals projects in the Americas. Its principal focus and asset is the Juanicipio Project (44%), being developed with Fresnillo Plc (56%), the operator. The project is located in the Fresnillo Silver Trend in Mexico, the world’s premier silver mining camp, where the operator is currently advancing underground mine development and commissioning a 4,000 tonnes per day processing plant. Underground mine production of mineralized development material commenced in Q3 2020, and an expanded exploration program is in place targeting multiple highly prospective targets at Juanicipio. MAG is also executing multi-phase exploration programs at the Deer Trail 100% earn-in Project in Utah and the recently acquired Larder Project, located in the historically prolific Abitibi region of Canada. For further information on behalf of MAG Silver Corp. Contact Michael J. Curlook, Vice President, Investor Relations and Communications Phone: (604) 630-1399Toll Free: (866) 630-1399Website: www.magsilver.comEmail: [email protected] Neither the Toronto Stock Exchange nor the NYSE American has reviewed or accepted responsibility for the accuracy or adequacy of this press release, which has been prepared by management. This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts are forward looking statements, including statements that address our expectations with respect to the timing of, and changes to, the company’s leadership team, and with respect to our exploration, development and advancement of our projects. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Although MAG believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, impacts (both direct and indirect) of COVID-19, timing of receipt of required permits, changes in applicable laws, changes in commodities prices, changes in mineral production performance, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions, political risk, currency risk and capital cost inflation. In addition, forward-looking statements are subject to various risks, including that data is incomplete and considerable additional work will be required to complete further evaluation, including but not limited to drilling, engineering and socio-economic studies and investment. The reader is referred to the MAG Silver’s filings with the SEC and Canadian securities regulators for disclosure regarding these and other risk factors. There is no certainty that any forward-looking statement will come to pass, and investors should not place undue reliance upon forward-looking statements. Please Note: Investors are urged to consider closely the disclosures in MAG’s annual and quarterly reports and other public filings, accessible through the Internet at www.sedar.com and www.sec.gov. Source https://magsilver.com/news/mag-silver-strengthens-management-team/

B2Gold Announces Positive Exploration Drilling Results from the Fekola Regional Area

Resourcesrecap April 27, 2023

VANCOUVER, British Columbia, April 27, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce additional positive exploration drilling results from the Fekola Regional area in Mali, located approximately 25 kilometers (“km”) north and northeast of the Fekola Mine. The Fekola Regional area, comprised of the Anaconda Area (Bantako North and Menankoto permits), the Bakolobi permit, and the Dandoko permit, forms part of the Fekola Complex, which also includes the Medinandi permit that hosts the Fekola Mine and the Cardinal Zone. Highlights 2023 Mali Exploration Drilling Program In 2023, B2Gold is conducting a $35 million exploration program on the Fekola Complex. The initial focus of this year’s 178,000 m drill program has been the Anaconda Area, which includes the Mamba, Adder, Anaconda, Cascabel, Boomslang, Taipan and Cobra zones. Of the 85,000 m of drilling completed to date in 2023, approximately 39,000 m of infill drilling has been allocated to the Anaconda Area to facilitate an upgrade of the Inferred portion of the March 2022 Mineral Resource estimate to an Indicated category. Assays from this infill drilling program have been received and are being incorporated into to an updated Mineral Resource estimate, scheduled for completion by the end of the second quarter of 2023. Click here to view Figure 1. Fekola Complex Overview. Anaconda Area Exploration Mamba Zone (Bantako North and Menankoto permits) As a significant contributor to the combined mineral resources in the Anaconda Area, Mamba has been the subject of a focused campaign of infill drilling, with approximately 30% of the 17,992 m completed to date in 2023 being directed at resource class conversion within the oxide portions of Mamba. In addition, exploration for high grade sulphide mineralization continues to be an important part of the 2023 drilling program. Hole MSD_241 returned 8.60 g/t gold over 46.40 m, from 443.30 m (sulphide) and Hole BND_135 returned 5.87 g/t gold over 22.40 m, from 335.70 m (sulphide). These holes are consistent with previous intercepts in the high grade shoot below the March 2022 Mineral Resource pit boundary and will form the basis for follow up drilling later in 2023. Mineralization remains open along this shallow plunging zone. Click here to view Figure 2. Mamba Zone Long Section (Facing West). Select new results from the Mamba Zone exploration drilling include: HoleID From To Meters Gold (g/t) Domain MSD_241 443.30 489.70 46.40 8.60 Sulphide MSD_244 92.90 119.10 26.20 1.24 Sulphide Incl 92.90 97.40 4.50 2.07 Sulphide and 170.00 181.00 11.00 2.65 Sulphide MSD_246 37.70 59.32 21.62 1.30 Saprolite and 59.32 90.00 30.68 0.95 Sulphide Incl 75.00 90.00 15.00 1.25 Sulphide and 164.15 188.40 24.25 1.74 Sulphide Incl 174.30 181.60 7.30 4.28 Sulphide and 360.30 371.00 10.70 5.21 Sulphide BND_129 320.00 351.50 31.50 2.72 Sulphide Incl 320.00 337.00 17.00 4.28 Sulphide BND_132 475.82 487.66 11.84 3.69 Sulphide BND_135 335.70 358.10 22.40 5.87 Sulphide Note: Sulphide composites above 0.6 g/t gold cutoff, applying a maximum internal dilution of 5 m. Higher grade including intervals are reported above a cutoff of 1.0 g/t gold, applying a maximum internal dilution of 3 m. Saprolite composites are reported above a 0.2 g/t gold cutoff, applying a maximum internal dilution of 3 m. Results are uncapped. True width not known at this time. Cobra and Taipan Zones (Menankoto and Bakolobi permits) Year to date, 19,700 m of drilling have been completed on Cobra, the majority of which will contribute to the upgrade of the existing Inferred Mineral Resource estimate from March 2022. Much of this drilling has been completed on the Bakolobi portion of the Cobra Zone, which adds additional strike extent to the dimensions of Cobra relative to the March 2022 Mineral Resource estimate. The Cobra Zone was previously documented over 8 km of known strike extent, from Menankoto to the southern end of the Bakolobi permit. The southernmost 2.5 km of the Cobra Zone are now believed to be a separate structure, which is currently being explored as the Taipan Zone. Recent drilling on Cobra and Taipan have returned encouraging intervals of saprolite and sulphide mineralization. Hole BKR_165 returned 5.01 g/t gold over 13.00 m, from 57.00 m (sulphide) and Hole BKR_233 returned 1.74 g/t gold over 33.00 m, from 74.00 m (sulphide). Click here to view Figure 3. Cobra Zone Long Section (Facing West). Select results from the Cobra Zone exploration drilling include: HoleID From To Meters Gold (g/t) Domain MSD_250 145.40 163.92 18.52 1.26 Saprolite MSR_1092 87.00 116.00 29.00 1.15 Saprolite MSR_1240 123.00 151.00 28.00 1.72 Saprolite MSR_1180 28.00 62.00 34.00 1.14 Saprolite BKR_0189 32.00 39.00 7.00 1.54 Sulphide BKR_240 129.00 136.00 7.00 2.37 Sulphide BKR_241 137.00 160.00 23.00 1.84 Sulphide BKR_242 102.00 114.00 12.00 5.96 Sulphide Note: Sulphide composites above 0.6 g/t gold cutoff, applying a maximum internal dilution of 5 m. Higher grade including intervals are reported above a cutoff of 1.0 g/t gold, applying a maximum internal dilution of 3 m. Saprolite composites are reported above a 0.2 g/t gold cutoff, applying a maximum internal dilution of 3 m. Results are uncapped. True width not known at this time. Select results from the Taipan Zone exploration drilling include: HoleID From To Meters Gold (g/t) Domain BKR_0086 32.00 41.00 9.00 7.69 Sulphide BKR_0147

REYNA GOLD ANNOUNCES NEW VICE-PRESIDENT OF INVESTOR RELATIONS

Resourcesrecap April 20, 2023

April 20th, 2023 – Vancouver and Hong Kong – Reyna Gold Corp. (TSXV: REYG. OTCQB: REYGF) (“Reyna” or the “Company”) is pleased to announce the appointment of Bethany Terracina as the Vice President of Investor Relations. Ms. Terracina joins Reyna Gold Corp from Canaccord Genuity, where she held the position of Content Marketing within the Cash Management Group. Her previous roles include Associate Investor Relations at New Pacific Metals Corp. and Marketing Specialist at EMBERS Canada. “Bethany is a great addition to the Reyna Gold team, she has great experience in marketing and corporate communications in the mining sector and elsewhere and we are delighted she has joined Reyna Gold,” said Michael Wood, CEO of Reyna Gold. Ms. Terracina holds a Marketing Communications Diploma with Distinction from the British Columbia Institute of Technology and a Bachelor of Fine Arts with a major in Fine Art and minor in Art History. Additionally, she completed the Canadian Securities Course (CSC®) in December of 2022. As part of Ms. Terracina’s appointment and pursuant to the Company’s Stock Option Plan, the Company has agreed to grant 150,000 stock options (the “Options”) to Ms. Terracina at the next stock option grant and pursuant to the Company’s Stock Option Plan and the TSX Venture Exchange’s policy, such options will vest over a period of 12 months. Ms. Terracina’s appointment and the grant of options at the next stock option grant are subject to the approval of the TSX Venture Exchange. Michael Wood Chief Executive Officer For Further Information, Please Contact: Reyna Gold Corp. Michael Wood, Chief Executive Officer [email protected]; www.reynagold.com About Reyna Gold Corp. Reyna Gold Corp. is a gold exploration company focused on district-scale exploration on two major gold belts in Mexico. The Company has a portfolio of assets on the Mojave-Sonora Megashear and the Sierra Madre Gold and Silver Belt consisting of over 57,000 hectares/ 570 sq km. The Company has an experienced management team with a proven track record of wealth creation in Mexico through project discovery, advancement, and monetization. La Gloria the Flagship project is 24,215 hectares/242 sq km on the prolific Mojave-Sonora Megashear, where over 35 million ounces of gold have been discovered. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Statements This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results, or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this press release includes but is not limited to, statements concerning anticipated timing and results of the Company’s drill programs. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance, or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties, and other factors set out herein, including, but not limited to, the risk factors set out under the heading “Risk Factors” in the Company’s final long-form non-offering prospectus dated December 6, 2021, available for review on the Company’s profile at www.sedar.com. Such forward-looking information represents management’s best judgment based on the information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Source: https://reynagold.com/read/PR-20230420

Basin Uranium Corporation Announces Significant Mineralization Intersection in Phase 2 Drill Program

Ryan Atkinson March 7, 2023

March, 7 2023 Basin Uranium Corporation (CSE: NCLR) (OTC Pink: BURCF) (FSE: 6NP0), also known as Basin Uranium, is pleased to report the intersection of significant mineralization from the three-hole Phase 2 drill program at its Mann Lake project. The property is located 25 km southwest of the McArthur River Mine and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit. A total of 6,279 meters of diamond drilling was completed during the 2022 season. Phase Two Drilling Highlights The drilling continued to intersect notable pathfinder elements such as B, Co, Cu, Ni, and Pb, which provide vectoring towards uranium mineralization as it is typically associated with Athabasca Basin unconformity-style mineralization. MN22-0007 intersected the unconformity at 671.8 metres and returned anomalous boron (dravite) and uranium mineralization at and above the unconformity. Notable intercepts include 1,060 ppm B from 669.3 – 669.8 metres (0.5 metres), 931 ppm B from 668.8 – 669.3 metres (0.5 metres), and 614 ppm boron (B) from 668.8 – 671.8 metres (2.5 metres) in conjunction with 41 ppm U3O8 from 671.8 – 672.3 metres (0.5 metres). Significant polymetallic mineralization was intersected below the unconformity of hole MN22-007 including 884 ppm Cu from 679.2 – 679.7 metres (0.5 metres) and 158 ppm Zn from 676.0 – 683.75 metres (17.75 metres). Significant boron mineralization was also encountered in hole MN22-008 which intersected the unconformity at 649.02 metres and returned 386 ppm B from 646.02 – 648.52 metres (2.5 metres). Phase Two Drill Program Summary The Phase 2 program comprised 2,776 metres of diamond drilling over four holes. The first hole MN22-006 was wedged and re-started at 572 metres (MN22-006A), serving as a follow up hole to MN22-002, which was drilled during Phase 1 and hosted prospective uranium mineralization. The following two holes MN22-007 and MN22-008, targeted the southeastern portion of the tenure which had previously been untested. Hole MN22-007 intersected graphite enriched psammite throughout the entirety of the basement rocks until about 880 metres, whereby it became more silicified until the end of the hole at 887 metres. Two major fault structures with abundant graphite mineralization were intercepted in the basement, potentially serving as an explanation to the resistivity low and magnetic lows. Hole MN22-008’s most significant intersection was the dravite mineralization present in the fault zones and fractures in the upper Athabasca group sediments. These were more well developed than previous drill holes, and the potential for nearby structures with remobilized mineralization in the area is still high. In the basement, the intersected graphitic metasediments host significant amounts of pyrite and minor chalcopyrite. Overall, the company’s Phase 2 drill program at Mann Lake intersected significant mineralization, providing evidence of the potential for significant uranium deposits. About Basin Uranium Corp. Basin Uranium Corp. is a leading Canadian junior exploration company that specializes in mineral exploration and development in the dynamic green energy sector. The Company is the proud owner of the highly promising Wray Mesa project, situated in southeastern Utah. The site has a rich history of uranium and vanadium exploration and is conveniently located adjacent to the fully-permitted and production-ready La Sal project. Moreover, Basin Uranium Corp. has secured the option to acquire a 75% interest in the prestigious Mann Lake uranium project, situated in the Athabasca basin in Northern Saskatchewan, Canada. The Company’s commitment to excellence is further demonstrated by its option in the CHG gold exploration project, which is situated a mere 15 kilometers northwest of the town of Clinton in south-central British Columbia. With a track record of proven success, Basin Uranium Corp. is at the forefront of mineral exploration and development in the green energy sector. The Company’s unwavering commitment to innovation and sustainable development ensures that it will remain a key player in the industry for years to come.

Kenorland Minerals Announces Commencement of Drilling at Chebistuan

Ryan Atkinson March 6, 2023

March, 6 2023 Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) has announced the commencement of diamond drilling at the Chebistuan Project, located in the northern Abitibi greenstone belt of Quebec. The exploration project is held under an agreement with Newmont Corporation, and a total exploration budget of C$1.5 million has been approved for the 2023 winter program. The program will include 3,500m of diamond drilling, including three drill fences to test bedrock across a structural corridor at the Deux Orignaux target area. Deux Orignaux Target Area The Deux Orignaux target area was identified during property-wide systematic geochemical sampling in 2020, with subsequent infill sampling leading to an area of anomalous gold geochemistry and gold grains in glacial overburden. The target area is spatially associated with the regional contact between a clastic sedimentary basin (Opemiska Group) and volcanic rocks along a first-order basin bounding structure. Multiple second-order structures occur at oblique angles to the basin-bounding structure in the form of a “horse-tail splay” structural pattern, which is prospective for orogenic gold deposition. 2023 Exploration Program and Budget The 2023 winter exploration program at the Chebistuan Project includes a total exploration budget of C$1.5 million approved by Newmont. The program will involve 3,500m of diamond drilling, carried out from late February to early April 2023, including three drill fences to test bedrock across a structural corridor at the Deux Orignaux target area. QA/QC and Sampling Protocols Soil samples were collected from the B-horizon of soil developed on a till substrate. Approximately 1 kilogram of material was collected from each sample site and shipped to Bureau Veritas (“BV”) in Timmins, Ontario for preparation. Samples were prepared for analysis according to BV method SS230; sieve individual samples to 230 mesh (-63 microns). Samples were analyzed at BV in Vancouver, British Columbia, with BV method AQ252_EXT; 30 grams of material digested in aqua regia with an ICP-MS finish. About the Chebistuan Project The Chebistuan Project (the “Project”) consists of 3,078 claims (161,025 ha) 100% owned by Kenorland. The property covers approximately 100 kilometers of a major east-west trending deformation zone which may represent the continuation of the Sunday Lake Deformation Zone. The zone is host to major gold deposits such as Detour Lake (Kirkland Lake Gold Ltd.) and Fenelon (Wallbridge Mining Company Ltd.). The Chibougamau and Chapais mining camps, which have produced over 6.5Moz of gold and 1.6 billion pounds of copper historically, are located directly to the east of the Chebistuan property. The Project is largely covered with glacial till and is accessed through a network of logging roads and by helicopter.

Prismo Metals Receives Authorization for Drilling at Palos Verdes

Ryan Atkinson March 6, 2023

March, 6 2023 Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) has recently received authorization to commence drilling on approximately 70% of the Palos Verdes vein strike length in the Panuco-Copala district of Sinaloa, Mexico. This area was previously inaccessible for drilling, but a crew has been mobilized to prepare new drill sites for a portable rig, and drilling is scheduled to start in early April. The Palos Verdes vein is contiguous to Vizsla’s property, and the drill program aims to test the vein’s strike length, which was not previously accessible until now. The program is designed to expand on the positive results from past drilling and expand the area of the high-grade mineralized shoot to the northeast of the Palos Verdes tunnel. Dr. Craig Gibson, President and CEO of the Company, stated, “We are pleased to be able to access the remaining portion of the Palos Verdes concession to conduct a program to test the Palos Verdes vein along strike from the previous drilling. The program is designed to expand on the positive results from our past drilling and expand the area of the high-grade mineralized shoot to the northeast of the Palos Verdes tunnel.” The planned drilling program will test the area to the northeast along the strike to expand the mineralized body. Dr. Gibson, a Qualified Person as defined by NI-43-01 regulations, has reviewed and approved the technical disclosures in this news release. In January, Vizsla Silver Corp. (TSXV: VZLA) concluded a strategic investment in Prismo, resulting in Vizsla owning 10.1% of Prismo. Prismo and Vizsla have agreed to form a technical committee to pursue district-scale exploration of the Panuco silver-gold district, and the companies are looking forward to working together to design the next phase of drilling at Palos Verdes. The Palos Verdes project is located in the historic Pánuco-Copala silver-gold district in southern Sinaloa, Mexico. The Palos Verdes concession covers 700 meters of strike length of the Palos Verdes vein, a member of the north-easterly trending vein family located in the eastern part of the district outside of the area of modern exploration. Shallow drilling (<100m) conducted in 2018 on the Palos Verdes Vein was targeted 30 to 50 meters beneath largely barren vein outcrops and cut a well mineralized multistage vein two to seven metres wide with narrow intervals of high-grade precious metal values and subordinate base metals. Prismo is a mining exploration company focused on two precious metal projects in Mexico (Palos Verdes and Los Pavitos) and a copper project in Arizona (Hot Breccia).

Basin Uranium to Acquire Advanced Chord Uranium Project in South Dakota

Ryan Atkinson March 3, 2023

Basin Uranium has entered into an option agreement with Cowboy Exploration and Development LLC, St. Cloud Trading Corp, and Thomas Byrne. The option grants Basin Uranium the right to acquire a 90% interest in the Chord property, located in East Fall River County, South Dakota. The property comprises 147 contiguous lode mining claims, spanning around 3,037 acres. Mineralization at Chord is hosted within typical roll-front deposits in the Cretaceous age Fall River and Lakota formations, in particular the Chilson member, which is the same host for mineralization at Dewey-Burdock. The property has been extensively explored since the 1970s, and is host to an historic resource totaling 2.4 million pounds U3O8 plus a potential resource of 1.4 million pounds U3O8. Basin Uranium plans to engage in the permitting process for the Chord property to conduct exploration, confirmatory drilling, aquifer testing, and to acquire additional public and private datasets. Chord Property: A High-Value Acquisition for Basin Uranium Basin Uranium has secured an option to acquire a 90% interest in the Chord property, located in East Fall River County, South Dakota. The property is host to an historic resource totaling 2.4 million pounds U3O8 plus a potential resource of 1.4 million pounds U3O8. Mineralization at Chord is hosted within typical roll-front deposits in the Cretaceous age Fall River and Lakota formations, in particular the Chilson member, which is the same host for mineralization at Dewey-Burdock. Basin Uranium plans to engage in the permitting process for the Chord property to conduct exploration, confirmatory drilling, aquifer testing, and to acquire additional public and private datasets. An Overview of the Chord Property The Chord property comprises 147 contiguous lode mining claims, spanning around 3,037 acres. Mineralization at Chord is hosted within typical roll-front deposits in the Cretaceous age Fall River and Lakota formations, in particular the Chilson member, which is the same host for mineralization at Dewey-Burdock. The property has been extensively explored since the 1970s, and is host to an historic resource totaling 2.4 million pounds U3O8 plus a potential resource of 1.4 million pounds U3O8. Basin Uranium Plans to Explore the Chord Property Basin Uranium plans to engage in the permitting process for the Chord property to conduct exploration, confirmatory drilling, aquifer testing, and to acquire additional public and private datasets. The company will also investigate the ISR amenability and conduct exploration to increase the currently known mineralized footprint. The Dewey-Burdock project is located adjacent to the Chord property and is host to a M&I resource of 17.1 Mlbs U3O8, plus an Inferred resource of 0.7 Mlbs U3O8, a positive Preliminary Economic Assessment outlining a low-impact in-situ recovery (ISR) operation producing 14.3 Mlbs U3O8 at an all-in sustaining cost of US$28.88/lb U3O8.

Blackrock Silver Corp. Announces Private Placement with Syndicate of Agents

Ryan Atkinson March 3, 2023

March 3, 2023 Blackrock Silver Corp. (TSXV: BRC) has entered into an agreement with PI Financial Corp. and Red Cloud Securities Inc. as co-lead agents and joint bookrunners for a private placement of up to 21,400,000 units at a price of $0.37 per unit, to raise up to C$7,918,000. The minimum offering will be 10,900,000 units for aggregate gross proceeds of C$4,033,000. Each unit will include one common share of the company and half of one common share purchase warrant, with each whole warrant allowing the holder to acquire an additional common share for $0.50 per share within three years of the closing date of the offering. Use of Proceeds The gross proceeds from the offering will be used to fund the US$700,000 option payment due on April 2, 2023, for Blackrock’s Tonopah West project and to fund the US$500,000 lease payment due on October 27, 2023, for the Silver Cloud project. The remaining funds will be used for exploration of the company’s silver and gold projects in Nevada, as well as for working capital and general corporate purposes. Closing of the Offering All units offered in the private placement will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, and will not be subject to resale restrictions in Canada under applicable Canadian securities laws. The offering is expected to close on or about March 14, 2023, subject to certain conditions including completion of the minimum offering and receipt of all necessary regulatory and other approvals, including approval from the TSX Venture Exchange. Compensation and Disclosure The company has agreed to pay the agents a cash commission equal to 6.0% of the gross proceeds from the offering and to issue compensation warrants equal to 6.0% of the aggregate number of units issued under the offering. The compensation warrants will be exercisable into common shares at a price per share equal to the offering price for a period of three years from the closing date. A form 45-106F19 offering document has been filed with the securities commissions or similar regulatory authorities in each of the provinces of Canada, and can be accessed under the company’s profile at www.sedar.com and at www.blackrocksilver.com.

Arras Minerals Corp. Reports 2022 Exploration Successes in Kazakhstan

Ryan Atkinson February 22, 2023

VANCOUVER, British Columbia, Feb. 22, 2023 Arras Minerals Corp. (TSX-V: ARK) (“Arras” or “the Company”) has recently completed its maiden fieldwork program in November 2022, and is pleased to report significant progress in its regional exploration licenses in Kazakhstan. Tim Barry, CEO of Arras, said, “We are very pleased with our first full year of fieldwork on our regional licences. The program has significantly increased our geological understanding of our regional projects. Although assays are pending, early indications point to robust base & precious metals targets emerging at multiple prospects across our regional licences.” Highlights of the 2022 Exploration Field Program: I. Overview of the Field Exploration Program II. Field Exploration Accomplishments III. Plans for 2023 Arras is dedicated to taking a systematic and data-driven approach to the exploration of its regional licenses to quickly identify high-quality targets. With the progress made in 2022, Arras Minerals Corp. is well-positioned for continued success in the exploration and development of its regional projects in Kazakhstan.

HighGold Mining Announces Plan to Spin-Out Ontario and Yukon Gold Assets into New Exploration Company

Ryan Atkinson February 22, 2023

Vancouver, BC – February 22, 2023 – HighGold Mining Inc. (TSX-V:HIGH, OTCQX:HGGOF) (“HighGold” or the “Company”) is thrilled to announce its plans to create a new Canadian-focused exploration company, Onyx Gold Corp. The company intends to spin-out its Ontario and Yukon exploration properties into Onyx Gold via a Plan of Arrangement (POA). Onyx Gold will then be listed on the TSX Venture Exchange. To fund work programs and for general working capital, Onyx Gold will complete a non-brokered private placement at the time of listing. HighGold shareholders will receive shares of Onyx Gold according to an exchange ratio that will be disclosed in the POA and a management information circular. The details of the Spin-Out will be shared in a subsequent news release. The transaction is subject to shareholder, court, and Exchange approval, and HighGold Mining aims to complete it in time for the summer exploration season. Stay tuned for more updates on this exciting development!

NMG Announces the Engagement of Red Cloud Securities and Specifies the Grant of Consultant Options

Ryan Atkinson January 18, 2023

Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSXV: NOU) announces the engagement of Red Cloud Securities to provide liquidity services to the Company. Details of Engagement NMG announces that it has retained Red Cloud Securities (“Red Cloud”), subject to all required regulatory approvals, including the approval of the TSX Venture Exchange (the “Exchange”) to provide liquidity services to the Company in compliance with the policies and guidelines of the Exchange and other applicable legislation, pursuant to an agreement engagement letter entered into between the Company and Red Cloud effective January 2, 2023 (the “Agreement”). Red Cloud is a Toronto-based financial services company that helps mineral exploration and mining companies with accessing capital markets and enhancing their corporate profile. Red Cloud is not promoting the specific purchase or sale of securities. Red Cloud will trade shares of NMG on the Exchange for the purposes of maintaining a reasonable market and improving the liquidity of NMG’s common shares. Agreement Terms Under the Agreement, the Company will pay Red Cloud $5,000 per month during the term, payable quarterly in advance. The term of engagement is ongoing and may be terminated by either party on 30-day prior written notice. The Company and Red Cloud have an arm’s length relationship, but Red Cloud and/or its clients may have an interest, directly or indirectly, in the securities of NMG. Adam Smith will be the responsible person. The Agreement is principally for the purposes of maintaining market stability and liquidity for the Company’s common shares and is not a formal market-making agreement. There are no performance factors contained in the Agreement and Red Cloud will not receive any shares or options from the Company as compensation for the services it will render. Options Grant On December 1, 2022, NMG announced the cancellation of 487,804 options and grant of 453,048 new options to two consultants, subject to the Exchange approval. NMG wishes to specify that those new options will vest at certain conditions on or before March 28, 2025, and will expire two (2) years following the vesting of those options (no later than March 28, 2027). About Red Cloud Securities Red Cloud Securities Inc. is registered as an Investment Dealer in Ontario, Québec, Alberta and British Columbia and is a member of the Investment Industry Organization of Canada. It is focused on providing unique comprehensive capital market services and innovative financing alternatives to the junior resource sector. The company was founded by capital markets professionals who designed the firm to service small public and private companies. This solution is a comprehensive platform that provides a full range of unconflicted corporate access services. Offering these services as a unified platform provides the ultimate value proposition for issuer clients. About Nouveau Monde Graphite Nouveau Monde Graphite is striving to become a key contributor to the sustainable energy revolution. The Company is working towards developing a fully integrated source of carbon-neutral battery anode material in Québec, Canada for the growing lithium-ion and fuel cell markets. With low-cost operations and enviable ESG standards, Nouveau Monde Graphite aspires to become a strategic supplier to the world’s leading battery and automobile manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability.

Barrick Gold Targets 2028 for First Production from Reko Diq

Ryan Atkinson January 16, 2023

Barrick Gold Corporation plans to complete a feasibility study update for the Reko Diq mine in Pakistan’s Balochistan province by the end of 2024, with 2028 targeted for first production from the giant copper-gold mine. The mine will be operated by Barrick, which owns 50% of the project, with Balochistan holding 25% and three Pakistani state-owned enterprises sharing the remaining 25%. As part of a three-day project review, Barrick President and CEO Mark Bristow met with Balochistan officials to discuss the social and economic development opportunities that the mine would generate. After the meeting, Bristow and the chief minister signed a memorandum of agreement specifying the timetable for disbursement of committed funds to the province. Barrick is also working to set up community development committees to identify priority projects focused on food security, environmental management, and access to education, healthcare, and potable water.

Robex Resources: Kiniero Gold District, SGA Complex – Excellent Strike Extension Reserve Delineation Pit Shell Drilling Results

Ryan Atkinson January 14, 2023

QUEBEC CITY, Jan. 13, 2023 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex“, “the Group” or “the Company“) (TSXV: RBX) . is pleased to announce that their strike extension drilling results at the SGA Complex on their property in Guinea have been positive. The SGA Complex, located at the Kiniero Gold Mine, had previously been focused on shallower oxide and transitional ore horizons that targeted the central components of the Gobelé A, B and C mineralized structures, which supported the historical mine start-up in c. 2002. However, historical step out drilling was limited in testing for extensions of the Gobelé mineralized structures that make up the SGA Complex. In 2020, Robex completed a detailed unbiased remote sensing structural interpretation to gauge the overall prospectivity of the property, which helped identify new exploration targets. This was further supported in 2021 by the acquisition of the gridded data of previous geophysical surveys over the property, which helped identify the strike extensions of the SGA Complex as being prospective. Based on this new structural interpretation, Robex commenced a strike extension drilling campaign in 2021 at the previously mined SGA Complex. The drilling campaign was designed to both infill and validate the historical drilling data, as well as to step out and test for new strike extensions. Drilling was executed as both RC and DD drilling to test for extensions of this mineralization, both at near-surface through the oxide horizons as well as at depth through the fresh horizons. Drilling continued from 2021 through to 2022, and remains ongoing. Results of this drilling have been continuously positive and have clearly confirmed and demonstrated the unmined strike extensions of the Gobelé gold bearing system at the SGA Complex, resulting in additional reserve delineations. This reserve delineation drilling supported the recently completed independent Pre-Feasibility Study (PFS, dated 26 August 2022) on the Kiniero Gold Project and had a direct impact on the overall PFS pitshell. Drilling has increased the strike length of the Gobelé A, B and C mineralized structures of the SGA Complex within the PFS pit shell from ~450m to ~1,000m, and remains open along strike in both directions. The northeastern extension has a pronounced BLEG Au-in-soil footprint extending for an additional ~1.5km, while the southwestern extension is represented by a ~1,000m BLEG Au-in-soil anomaly that end sharply at the Kéléro River, a feature which represents a pronounced geological fault on the property. Highlighted intersections from the north-eastern extension of the SGA Complex strike extension reserve delineation drilling include GDG21-007, GRC21-016, GRC21-018, GRC22-009, GRC22-013, and GRC22-014, all of which have yielded positive results. Drilling remains ongoing at the SGA Complex and continues to validate and infill the historical drilling data.

Silvercorp Metals Announces Release Date for Q3 Results

Ryan Atkinson January 14, 2023

Silvercorp Metals Inc. (TSX: SVM) (NYSE: SVM) has reported its production and sales figures for the third quarter of fiscal 2023, which ended on December 31, 2022. The company produced approximately 1.9 million ounces of silver, 1,100 ounces of gold, 20.1 million pounds of lead, and 7.0 million pounds of zinc in Q3 Fiscal 2023. This represents a 1% increase in silver, no change in gold, a 6% increase in the lead, and a 13% decrease in zinc compared to the third quarter of fiscal 2022. For the first nine months of fiscal 2023, the company produced approximately 5.5 million ounces of silver, 3,400 ounces of gold, 57.1 million pounds of lead, and 19.9 million pounds of zinc, representing increases of 10%, 17%, and 9%, respectively, in silver, gold, and lead, and a decrease of 12% in zinc compared to the same period in the prior year. In terms of operating highlights, the company mined and milled roughly the same amount of ore as in Q3 fiscal 2022 and sold approximately 1.9 million ounces of silver, 1,100 ounces of gold, 19.3 million pounds of lead, and 7.1 million pounds of zinc. At the Ying Mining District, ore mining and milling were up 3% and down 1%, respectively, compared to Q3 fiscal 2022, and at the GC mine, ore mining was down 2%, and ore milling was the same as Q3 fiscal 2022. Overall, production at both mines decreased compared to Q3 fiscal 2022 but increased compared to last quarter. About Silvercorp Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cash flow from long-life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long-term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorp.ca.

Helicopter Borne Drilling Resumes at Stria’s Pontax project as Winter Road Construction Blazes Forward Making Way for the 12000-metre Winter Drill Program

Ryan Atkinson January 13, 2023

January 13, 2023 – Stria Lithium Inc. (TSXV:SRA) (“Stria” or the “Company”) is pleased to announce that the helicopter-supported core drilling program has resumed after Christmas holidays at its flagship Pontax Lithium property, in west-central Eeyou Istchee Baie-James Territory of northern Québec. Drilling Program The drilling program aims to complete another 3 holes as it waits for the completion of a winter road to mobilize three land-based drill rigs to the site. This road is vital for carrying out the proposed 12,000 plus metres winter program designed to delineate a resource as well as test the extensions of the Central Pontax zone, to be completed by early April 2023. Winter Road Construction The winter road construction contract was awarded to Waska Resources, a local indigenous company based in Waskaganish, Qc. We anticipate the road should be complete by the end of January 2023. Partners and Support The winter core drilling program at the Pontax LSPD prospect was designed and will be overseen by partner Cygnus Gold Limited (ASX:CY5) (“Cygnus”). IOS Services Géoscientifiques Inc. (IOS) of Saguenay, Québec, are providing technical and logistical support for the winter drilling program while core drilling was performed by Forage RJLL of Rouyn-Noranda, Québec. Partnership with Cygnus Gold Limited In July 2022, Stria announced a partnership with Cygnus Gold Limited (ASX: CY5) (“Cygnus”) by which Cygnus has been granted the sole and exclusive option to acquire up to a 70 % undivided interest in Stria’s Pontax-Lithium property (“Pontax”) under a two-stage option for total cash payments of $6 million and exploration expenditure commitments totalling $10 million. Cygnus has been exploring the property under the terms of the first of the two-stage option, by which Cygnus is required to incur exploration expenditures on the Property in the amount of $4 million over a period of 18 months. About Stria Lithium Stria Lithium is a Canadian junior mineral exploration company with an expanding technology focus and has a 100% interest in the Pontax spodumene lithium project in Northern Québec. Lithium is a critical metal in the universal fight against global warming. It is a core component of Lithium-ion batteries used for powering electric vehicles and for industrial scale energy storage.

Zeb Nickel Appoints Mr. Alex Spiro and Mr. Anthony James Nieuwenhuys to the Board of Directors

Ryan Atkinson January 13, 2023

ZEB Nickel Corp has appointed Alex Spiro and Anthony James Nieuwenhuys to its board of directors. Nieuwenhuys will serve as non-executive chairman, while Spiro will serve as a director. Nieuwenhuys is currently the CEO of Eurasia Mining PLC, a PGM and battery metals company listed on the Alternative Investment Market (AIM), which is focused on Russian PGE and battery metals assets. He was previously the COO of Polyus Gold, Russia’s largest gold miner, and the CEO of South African Lesego Platinum Mining Limited. Nieuwenhuys has an engineering background and has held senior executive positions at a number of EPC organisations, including SNC Lavalin and Bateman Diamonds. Spiro is a well-known litigator and successful investor. He is a partner at Quinn Emanuel Urquhart & Sullivan LLP and a former prosecutor. Spiro also serves as a board member and strategic advisor to a number of public and private companies, and is the chairman of Glassbridge Enterprises. Greg McKenzie and Anton Drescher have resigned from the ZEB board of directors. Wayne Isaacs, CEO and director of ZEB, said the appointments of Nieuwenhuys and Spiro will assist the company in rapidly advancing the ZEB project towards production, adding that Nieuwenhuys’ experience in mine development, combined with Spiro’s leadership and management skills, adds an enormous amount of value to the company. ZEB Nickel Corp is focused on exploring for and developing world-class mineral deposits, with a focus on metals that are critical in the production of rechargeable batteries, such as nickel, graphite, lithium, cobalt, manganese, copper and aluminum. The company is currently focused on developing its flagship ZEB Nickel Project, located in Limpopo, South Africa. The ZEB Nickel Project is a developing Class 1 nickel sulfide project located in the Bushveld Complex in South Africa. The project contains a historical NI 43-101 compliant resource over 3.9 million tons of contained sulfide nickel, ranking it number 8 in the global top ten nickel sulfide resources.

Labrador Gold Intersects 20.88 g/t Au Over 5 meters at Big Vein, Kingsway Project

Ryan Atkinson January 12, 2023

Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce the latest results from recent drilling targeting the highly prospective Appleton Fault Zone over a 12km strike length. The drilling is part of the Company’s ongoing 100,000 meter diamond drilling program at its 100% owned Kingsway Project. Drilling Results Highlights of the drilling include an intersection of 20.88 g/t Au over 5 meter that included 124.21g/t Au over 0.81 meter and 7.41 g/t Au over 1.0 meter in Hole K-22-206, and 6.04 g/t Au over 1.20 meter in Hole K-22-208. Both holes were drilled at the north end of Big Vein. “We continue to follow up on the success of last year’s drilling at Big Vein with another high-grade intersection at the north end of the zone. Big Vein has now been drilled over a strike length of approximately 520 meter along the west side of the Appleton Fault Zone and remains open to the northeast and to the southwest,” said Roger Moss, President and CEO. “Drilling is ongoing at both ends of the zone to extend the strike length of the mineralization.” Quality Assurance and Quality Control True widths of the reported intersections have yet to be calculated. Assays are uncut. Samples of HQ split core are securely stored prior to shipping to Eastern Analytical Laboratory in Springdale, Newfoundland for assay. Eastern Analytical is an ISO/IEC17025 accredited laboratory. Samples are routinely analyzed for gold by standard 30g fire assay with atomic absorption finish as well as by ICP-OES for an additional 34 elements. Samples containing visible gold are assayed by metallic screen/fire assay, as are any samples with fire assay results greater than 1g/t Au. The company submits blanks and certified reference standards at a rate of approximately 5% of the total samples in each batch. About Labrador Gold Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The company’s flagship property is the 100% owned Kingsway project in the Gander area of Newfoundland. The three licenses comprising the Kingsway project cover approximately 12km of the Appleton Fault Zone which is associated with gold occurrences in the region, including those of New Found Gold immediately to the south of Kingsway. The company has approximately $18 million in working capital and is well funded to carry out the planned program. The Hopedale property covers much of the Florence Lake greenstone belt that stretches over 60 km. The Company has 170,009,979 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

Vista Gold Provides Corporate Update and Outlook

Ryan Atkinson January 11, 2023

DENVER / Jan 11, 2023 / Business Wire / Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) provided an update on their plan for 2023. The company finished a feasibility study for their Mt Todd gold project in 2022, concluded a drilling program to demonstrate district-scale resource growth potential, and retained CIBC Capital Markets as a strategic advisor to support the company’s strategic outreach process for Mt Todd. The strategic process with CIBC Capital Markets, which is ongoing and remains a top priority, continues to generate interest and positive feedback on the technical merits of Mt Todd. Despite positive signs of improvement in market conditions, interested parties continue to maintain a cautious approach to new, large-scale development projects. In light of this sentiment, the Company is evaluating a smaller scale project with significantly lower initial capital costs while maintaining similar operating costs as demonstrated by the 2022 feasibility study, and with potential for subsequent throughput expansion or mine-life extension. The company aims to demonstrate these alternate development strategies early in 2023, with the belief that this will attract the interest of new potential partners and appeal to those who have previously expressed interest in the optionality of Mt Todd under different development strategies. Reducing costs and maximizing cost-effectiveness are also a high priority for the company in 2023. Their 2022 recurring costs were 15% below plan, and they have already taken steps to further reduce these costs by approximately 7% during 2023, and continue to evaluate and implement opportunities for additional cost reductions. Mr. Earnest also highlighted the company’s commitment to preserving the tremendous value of Mt Todd and to the health and safety of their employees and the environment. The company continues to work closely with the Jawoyn people and other stakeholders in the Katherine region and the Northern Territory. They share the vision of the Northern Territory Government that mining is an important part of the economic growth of the Northern Territory, and continue to work with the Northern Territory Government on initiatives of mutual interest. In conclusion, Vista’s 2023 objectives build on the successful work completed during 2022. The Company will continue to prioritize its goals of maximizing cost-effectiveness, improving efficiency, enhancing the long-term value of Mt Todd, and seeking a partner or other form of transaction for Mt Todd to maximize shareholder value.

Golden Minerals Company Reports Q4 and FY 2022 Gold Production

Ryan Atkinson January 11, 2023

Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN) (TSX: AUMN) Golden Minerals Company has reported its production data from its Rodeo gold-silver mine in Durango, Mexico for Q4 2022 and full year 2022: Golden Minerals is a growing gold and silver producer based in Golden, Colorado. The company primarily focuses on producing gold and silver from its Rodeo mine, advancing its Velardeña Properties in Mexico and El Quevar silver property in Argentina, and acquiring and advancing mining properties in Mexico, Nevada, and Argentina.

First Quantum Minerals Provides Notice of Conference Call on Status of Cobre Panamá

Ryan Atkinson January 9, 2023

First Quantum Minerals Ltd. announced that it will hold a conference call and webcast on January 10, 2023, to discuss developments in Panama regarding the status of the Cobre Panama mine operated by its subsidiary Minera Panama, S.A. The call will take place at 8:30 a.m. (EST) and provide an update on the latest developments and any impact on the company.

Fission 3.0 Commences Mobilization for Step-Out Drilling at Its High-Grade Uranium Zone at PLN

Ryan Atkinson January 3, 2023

Fission 3.0 Corp (TSV: FUU) (OTCQB: FISOF) (“Fission 3” or “the Company“) is pleased to announce that mobilization for winter drilling has begun at its 100% owned Patterson Lake North (PLN) project. The company plans to expand on the highly successful drill results from November 2022 with a 20-hole program of step-out drilling. Drilling Results Assays from November 2022 confirmed shallow depth, wide, and continuous mineralization in basement rock with 15.0 m @ 6.97% U3O8, including a high-grade 5.5 m interval averaging 18.6% U3O8 (PLN22-035). The new drill holes will test for the continuation of mineralization along strike and up and down dip, where four holes drilled in the fall of 2022 outlined a significant zone of high-grade uranium that remains open in all directions. Drilling Plan The plan includes additional holes on section lines 00N and 15S to establish the extent of mineralization that has already been intersected on those 2 lines before stepping out along strike. Holes will also test up-dip for unconformity and sandstone-hosted mineralization. Assay results from the remaining drill holes of the fall 2022 program will be released as they become available and finalized. About Patterson Lake North The company’s large 39,946-hectare 100% owned Patterson Lake North property (PLN) is located within the southwestern edge of the Athabasca Basin near Fission Uranium’s Triple R and NexGen Energy’s Arrow high-grade uranium deposits, which is set to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property, and the new A1 uranium discovery is located 23 km northwest of Fission Uranium’s Triple R deposit. About Fission 3.0 Corp Fission 3.0 is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world’s largest high-grade uranium discoveries. Fission currently has 16 projects in the Athabasca Basin, several of which are near large uranium discoveries, including Triple R, Arrow, and Hurricane. The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and approved on behalf of the company by Raymond Ashley, P.Geo., Vice President of Exploration of Fission 3.0 Corp., a Qualified Person. Mr. Ashley has verified the data disclosed.

Desert Gold Closes First Tranche of Non-Brokered Private Placement

Subrata Sarkar December 27, 2022

Desert Gold Ventures Inc. (TSX.V: DAU) recently concluded the first tranche of its non-brokered private placement, which saw 34,242,184 units sold at a rate of C$0.07 each, generating C$2,396,903 in gross proceeds. The securities issued as part of this closing will be held in accordance with applicable law. In addition, the Company will pay out a finder’s fee of C$28,770 and provide 161,000 non-transferable broker warrants. The placement funds will be used mainly for drilling at the Senegal Mali Shear Zone Project in Western Mali and for general working capital. According to the Financing terms, each Unit comprises one common share and one complete stock purchase warrant. The Warrant gives the holder the right to purchase one more common share of the Company at a rate of C$0.08 per share for three years from closing. Directors and officers of the Company have taken up 8,128,571 Units in Financing. This involvement is a related party transaction as specified in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions. The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of any securities issued or the consideration paid by such persons will not exceed 25% of the Company’s market capitalization.

Palladium One Mining Announces Closing of C$4.95 Million Financing

Subrata Sarkar December 27, 2022

Palladium One Mining Inc. (TSX.V: PDM) has recently concluded its private placement financing, collecting $4.95 million. Derrick Weyrauch, the CEO of Palladium One, expressed his joy regarding the feat and remarked: “We are extremely pleased to have finished this financing which will enable us to launch our Green Transportation copper-nickel-PGE projects at the beginning of 2023. Despite the difficult market conditions, we exceeded our initial goal of $3.0 million to a successful $4.2 million. We are grateful to our existing shareholders and welcome new shareholders participating in this financing.” The gross proceeds from the Brokered Offering and Non-Brokered Offering are planned further to develop the company’s mineral exploration properties in Ontario. The company organized the private placement offering in two parts: a brokered private placement and a non-brokered private placement. In the brokered private placement, the company is issuing 21,000,000 units at a price of $0.20 per unit, each unit containing one common share and one-half of a common share purchase warrant that meets the criteria of a “flow-through share” as outlined in the Canadian Income Tax Act. The warrants give the holder the right to buy one non-flow-through common share at an exercise price of $0.20 for a time period of 36 months. The non-brokered private placement consists of 5,000,000 units at a price of $0.15 per unit, each unit including one common share and one-half of a common share purchase warrant also qualifying as a “flow-through share” under the Canadian Income Tax Act. The warrants entitle the holder to buy one warrant share at an exercise price of $0.20 for 24 months from the date of issuance. Echelon Capital Markets led the syndicate of agents during the completion of the Brokered Offering, with other members including Sprott Capital Partners LP and Research Capital Corporation. In exchange for their services, the Agents received a cash compensation amounting to 6% of the total proceeds of the Brokered Offering. Moreover, they were also granted non-transferable broker warrants, equivalent to 6% of the aggregate number of FT Units issued during the Brokered Offering. Each Broker Warrant provides the holder with the right to purchase one Common Share and one-half of one Common Share purchase warrant at $0.14 per share for a period of 24 months. In addition, each Broker Unit Warrant allows the holder to obtain one Warrant Share at $0.20 per share, with a validity of 36 months. No fees were charged for the Non-Brokered Offering.

Hecla’s San Sebastian Mine Receives Environmental and Sustainability Excellence Award

Subrata Sarkar December 27, 2022

Hecla Mining Company (NYSE: HL) is proud to announce that it has been awarded the 2022 Environmental and Sustainability Excellence Award for its San Sebastian mine in Durango State, Mexico. This recognition from the American Exploration & Mining Association (AEMA) acknowledges Hecla’s dedication to upholding the most stringent environmental and sustainability standards. The San Sebastian project, which yields silver and gold, operated from 2001-2005 and then again from 2015-2020 and was one of the most prolific silver providers in Mexico, yielding over 23.6 million ounces of silver. Exploration efforts are still ongoing in the general area and remain highly promising. Hecla is a company that values safety, environmental responsibility, and community engagement. The Chief Executive Officer, Phillips S. Baker Jr., has referred to the corporation’s dedication to these principles and has highlighted their attempts at reinstating the San Sebastian property. “Returning the land to its original state after it has been disrupted by activities such as mining or other industrial operations is what reclamation means,” Baker said. “It is of the utmost importance for corporations to ensure that their presence and operations have the least effect on the environment and the people in their work areas. Hecla is taking this responsibility seriously.” Mark Compton, Executive Director of the AEMA, praised Hecla for their excellent reclamation work at San Sebastian. “Filling up open pits and allowing the land to be used for agriculture again. This effort speaks to Hecla’s dedication to environmental safety and the sustainability of the communities in which they work.”

Damara Gold Announces Acquisition of VanLab Vanadium Property

Subrata Sarkar December 27, 2022

On December 22, 2022, Damara Gold Corp. (TSX.V: DMR) declared that they had finalized a purchase agreement to acquire a complete undivided interest in 203 mineral exploration claims that stretch over 9,675 hectares in the Labrador Trough area of Quebec, referred to collectively as the “VanLab Property.” The agreement was finalized with two independent sellers. The Purchase Agreement outlines that Damara Gold will acquire the VanLab Property from the sellers in exchange for the issuance of 4,000,000 units. Each unit will contain one common share in Damara Gold and one non-transferable share purchase warrant, allowing the sellers to acquire a further common share in Damara Gold at an exercise cost of $0.25 within 36 months from the closing date. In addition, Damara Gold will provide the sellers with a 2% net smelter return royalty on the closing date. The sellers may qualify for a 0.5% net smelter return royalty on any additional claims within the area of interest of the VanLab Property that Damara Gold acquires. The consideration securities (i.e., the units and warrants) must adhere to the statutory four-month and one-day hold period under relevant securities laws from the closing date. Vanlab property is a large area of land in the Labrador trough region of Quebec, Canada, that is believed to contain various minerals, including vanadium, copper, cobalt, and scandium. According to the historical data from the Ministère de l’Énergie et des Ressources naturelles-Québec indicates that one sample from the property contained 6% vanadium. However, this result has not been independently verified. The Vanlab property has also been surveyed using modern airborne electromagnetics, magnetics, and radio metrics. The company plans to conduct a field program in 2023 to explore vanadium, copper, and cobalt.

Arizona Silver Exploration Closes C$1 Million Equity Financing

Subrata Sarkar December 23, 2022

Arizona Silver Exploration. (TSXV: AZS) recently revealed that it has finalized its non-brokered private placement, issuing 4,491,260 units at the price of C$0.25 each. This placement yielded a total of C$1,122,815. Each unit consists of one common share of the Company and half of a transferable common share purchase warrant. The warrant holders shall be entitled to purchase one additional share within five years from the date of closure at an exercise price per warrant share of C$0.40, provided that the closing price of the Company’s common shares on the TSX Venture Exchange is C$0.48 or more per common share during a ten consecutive trading day period. The warrants will terminate on the 30th day after the Company has issued a notice of accelerated expiry to the warrant holders. After this, the warrant holders shall have no right to acquire any common shares of the Company under the warrant. Mike Stark expressed delight that the institutional fund held onto 9.9% of their purchase, evidently sharing the same perspective as management regarding the Philadelphia property. The organization intends to further utilize the funds raised from the private placement to explore the Philadelphia Property in Mohave County, Arizona, to progress their other projects and for general working capital. Within the private placement, insiders of the Company obtained command and management of over 80,000 units. This placement to such parties is classified as a “related party transaction” per TSX Venture Exchange Policy 5.9 and MI 61-101. The Company has taken advantage of the exemptions from the formal appraisal and minority shareholder ratification prerequisites of MI 61-101 in sections 5.5(a) and 5.7(1)(a). This was because the fair market value of the subject matter, or the consideration of the transaction involving the related parties, was less than 25% of the Company’s market capitalization as per MI 61-101. The private placement is subject to various conditions, including obtaining all the necessary approvals, with the final one being from the TSX Venture Exchange. Additionally, all securities issued through the private placement must abide by the four-month holding period mandated by Canadian securities laws.

Goldshore Announces Private Placement of up to $1 Million

Subrata Sarkar December 23, 2022

Goldshore Resources Inc. (TSXV: GSHR) revealed their plan to conduct a non-brokered private placement of a maximum number of 4,000,000 units with a rate of $0.25 per unit, which will generate a gross sum of up to $1,000,000. Each unit comprises one common share of the Company and one-half common share purchase warrant. The warrant holders can exercise the right to buy one common share for $0.40 within 24 months from closing the offering. The securities issued in connection with the financing are subject to a four-month and one-day hold period as per the applicable securities laws in Canada. This financing is subject to the approval of the TSX Venture Exchange. The Company has planned to allocate the funds raised from the financing for developing its Moss Lake gold mine in Northwest Ontario, Canada, and for general funding of its working capital. It is to be noted that this press release does not constitute an offer to purchase any securities in the United States. The securities in question have not been registered as per the U.S. Securities Act of 1933 and, thus, cannot be offered or sold in the U.S. or to U.S. citizens without proper registration or an exemption.

Purepoint Uranium Completes Drill Program at Red Willow and Turnor Lake

Subrata Sarkar December 23, 2022

Purepoint Uranium Group Inc. (TSX.V: PTU) has declared the fulfillment of the Fall 2022 drilling initiative at the Red Willow and Turnor Lake projects, which are under the proprietorship of the company and situated in the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada. Six drill holes were drilled, and one was unsuccessful, resulting in a total of 2,080 meters drilled. Chris Frostad, President and CEO of Purepoint, said that the Osprey uranium mineralization had been attempted to be measured via the Red Willow drilling project, with large 400-meter step-outs. With the four-hole program now finished, plans are in place to carry out more precise tracking testing during the winter. The first two holes along Turnor Lake’s Serin conductor were meant to examine the mineralization and gain an understanding of the uranium-rich LaRocque corridor running over the northern part of the land. The drilling during this period verified that the conductor is linked to beneficial rock types and alteration and calls for more drilling. Samples taken from cores are delivered to the Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon to be evaluated. The samples are investigated utilizing partial and total digestion inductively coupled plasma techniques, with boron being analyzed by Na2O2 fusion and uranium by fluorimetry. All drill cuttings are core width. However, the true thickness has yet to be ascertained. This Fall, the Red Willow exploration program sought to ascertain the extent of uranium mineralization related to the Osprey conductor near the property’s northern boundary. Four drill holes covered 800 meters of the Osprey conductor for a total distance of 942 meters. All the holes intersected a potent graphitic shear zone, and all contained notable radioactivity with peak downhole gamma readings ranging from 350 to 470 counts per second. However, the radioactive levels and associated alteration were weaker than those observed towards the south. The primary purpose of the 2022 Turnor Lake exploration program was to begin evaluating the 2.3 km long Serin EM conductor situated next to and in line with IsoEnergy Ltd.’s Hurricane Zone in the LaRocque corridor. The Hurricane deposit is situated roughly 10 km southwest of the Turnor Lake project limits and has an Indicated Mineral Resource of 48.61 million pounds of U3O8 with 63,800 tonnes grading 34.5% U3O8. A total of 1,138 meters was drilled across two holes, located approximately 750 meters apart, along the Serin EM conductor. SL22-02 achieved the unconformity at 290 meters and encountered graphitic-pyritic pelitic gneiss from 336 to 365 meters which registered 745 cps from the downhole gamma probe over a 0.4-meter interval. Additionally, radioactive pegmatite dykes were intersected, averaging 825 cps over 14.6 meters, and will be assayed for uranium and rare earths. Unfortunately, SL22-03 failed to detect the targeted EM conductor or any remarkable radioactivity. Red Willow property is a potentially good site for uranium exploration and mining, given its proximity to existing deposits and the results of various geophysical surveys. The presence of conductors in the electromagnetic (EM) survey results and favorable graphitic lithology is particularly noteworthy, as these can be indicators of the potential for the presence of minerals such as uranium. It will be important for companies interested in the property to conduct further exploration and analysis, including drilling, to determine the extent and concentration of any minerals that may be present. This process is often done in stages, starting with early-stage exploration and moving on to more advanced exploration and, if warranted, development and mining. The Turnor Lake project is another potentially good site for uranium exploration and mining, given the presence of numerous conductors and the proximity to known deposits such as Orano Canada Inc.’s Alligator prospect and Cameco Corp’s LaRocque showing. The 3D lithological model created by Purepoint, which integrates geological, geochemical, and geophysical data, will likely be useful in identifying and refining exploration drill targets. The use of GOCAD Mining suite Targeting Workflow by Mira Geoscience to integrate the various datasets and refine exploration targets is a common practice in the mining industry, as it allows companies to make more informed decisions about where to focus their exploration efforts. Ultimately, further exploration and analysis will be needed to determine the extent and concentration of any minerals present at the Turnor Lake project.

Steadright Critical Minerals Announces New Experienced Board Member

Subrata Sarkar December 23, 2022

Steadright Critical Minerals (CSE: SCM) has recently appointed Mr. Brent Rochon to their Board of Directors. Mr. Rochon’s credentials are impressive, as he holds a bachelor’s degree in mining engineering and has been a sales and marketing expert for many years. In 2021, Brent retired from Vale after a 22-year career as VP of Marketing in copper and nickel. Before that, he was with Teck-Cominco for 13 years as a commercial sales Director for base and precious metals. His expertise and familiarity with the critical metals market make him an invaluable asset to Steadright’s future. Additionally, he has a vast network of global connections that will surely offer great insight into all business matters. John Morgan, CEO of Steadright, spoke highly of Mr. Rochon, noting that he is a tremendous asset to their team as they continue to grow their firm. Morgan also expressed enthusiasm for the promising findings of the historical critical minerals being explored by Robert Palkovits, the Vice President of Exploration, and his experienced staff. Morgan expressed his delight in having an accomplished board member like Mr. Rochon come on board to help them swiftly achieve their objective of discovering a brighter future.

Minco Silver Received Repayment of Loan from Longxin Mining

Subrata Sarkar December 22, 2022

Minco Silver Corp. (TSX: MSV) obtained a repayment of $5.9 million from Changing Longxin Mining Co., Ltd in October 2022. From 2018 until now, the Company has received $13.8 million from Longxin Mining, comprising $6.4 million as principal and $7.4 million as interest payments. As of this current date, the loan’s outstanding balance is $7.9 million. The court is continuing its efforts to get the remaining amount of the loan from Longxin Mining. In 2018, the firm entered into an accord with Longxin Mining where they provided a loan of $14.6 million. This loan was safeguarded by a 100% stake in Longxin Mining and all of the assets of Longwanshang Gold Mine. Along with this, the loan was further guaranteed by the shareholders of Longxin Mining and a real estate company that they controlled, which included land, property, and cash collateral. The loan was due to expire in February 2019, but it was delayed multiple times until June 30, 2021. However, Longxin Mining could not settle the outstanding balance on the given date. The Company then began legal proceedings to reclaim the outstanding principal and accrued interest. In November 2021, a court ruling was given in the Company’s favor, demanding that Longxin Mining and other related defendants repay the Company for the claimed amounts and court fees. Longxin Mining attempted to challenge the ruling in December 2021, but the court ultimately upheld the original decision in June 2022. Eventually, the Company was able to receive repayment of $5.9 million from Longxin Mining in October 2022, which included $2.8 million in principal and $3.1 million in interest payments.

Sokoman Minerals Reports Final Till Sampling Results of Fleur de Lys Project

Subrata Sarkar December 22, 2022

Sokoman Minerals Corp. (TSX.V: SIC) has announced the final results of the 1,260 C-Horizon tills taken on the Fleur de Lys project located in the Baie Verte Peninsula in northern-central Newfoundland. The results have established the potential of the Fleur de Lys Supergroup to host considerable gold deposits, similar to the ones found in the Dalradian Supergroup in Northern Ireland and Scotland, which are at an advanced stage of development. It is assumed that the Fleur de Lys and the Dalradian Supergroups are analogous sequences of metamorphic rocks associated with significant fault lines. Tim Froude, the President and CEO of Sokoman Minerals, expressed his satisfaction with the success of the till program in identifying distinctive gold in tills lying on top of geologically-promising rocks and structures that have yielded impressive gold values in both loose material and bedrock. Froude stressed that the property is well-suited for cost-effective exploration, considering the local population’s supportiveness, existing mines, and supporting businesses. Froude further outlined that the anomalous areas are receiving utmost priority for further prospecting, trenching, or even rapid progression to the diamond drilling stage. Planning will include a review of data by Overburden Drilling Management (ODM) with input from the field teams. ODM’s preliminary interpretation of the till results revealed a target area that is 30 kilometers long, wherein the better-defined anomalies are located. Overburden Drilling Management (ODM) of Ottawa, which is managing the Fleur de Lys Project, reports that the average amount of gold grains in the 10- to 12-kilogram samples of screened till is 10 grains. ODM has defined samples with double that amount, or 20 grains, as anomalous. Of the 1,260 samples collected, 328, or 25%, have at least 20 gold grains, with the highest amount being 230 grains. Moreover, 55 samples are found to have 60 grains of gold, and some have more than 50% of gold grains in pristine condition, which is believed to have originated from a local bedrock source within 200 meters. Furthermore, prospecting has revealed gold grains in tills, bedrock, and float samples that gave gold values exceeding 100 ppb Au (0.1 g/t Au). Of these samples, 18 exceeded 500 ppb Au (0.5 g/t Au), and 10 exceeded 1000 ppb Au (>1.0 g/t Au), with the highest reading being 4.6 g/t Au. The maximum gold value was found in outcrops in a region where gold-grain counts were abundant. The Fleur de Lys Supergroup, the basis of the Project, is composed of the same type of rocks as the Dalradian Supergroup of the UK. This Supergroup is the source of three major gold deposits: the Curraghinalt and Cavanacaw deposits in Northern Ireland and Cononish in Scotland. Gold deposits of the Dalradian type are usually found in moderate to highly metamorphic regions and are of a high grade; the Curraghinalt deposit, for example, has more than 6 million ounces of NI 43-101 compliant gold resources, including 6.3 million tonnes of Measured and Indicated at 14.95 grams per tonne, equaling 3.06 million ounces, as well as 7.72 million tonnes at 12.24 grams per tonne gold in the Inferred category, amounting to 3.03 million ounces (2018 Mineral Resource Statement, Curraghinalt Gold Project, Northern Ireland, SRK Consulting Canada).

Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock

Subrata Sarkar December 21, 2022

Freeport-McMoRan Inc. (NYSE: FCX) recently declared a cash dividend of $0.15 per share on their common stock, and it will be paid out to all holders of record as of October 14, 2022. This dividend is in line with their performance-based payout framework that was revealed in November 2021, encompassing a base dividend of $0.075 per share and a separate variable dividend of $0.075 per share. FCX is a renowned international mining organization headquartered in Phoenix, Arizona. It owns and operates geographically diverse, long-term assets with verified and probable reserves of copper, gold, and molybdenum. FCX is one of the biggest publicly traded copper producers globally. Its possessions incorporate the Grasberg minerals district in Indonesia, a renowned copper and gold deposit, and significant mining operations in North and South America, including the Morenci minerals district in Arizona and Cerro Verde in Peru. FCX is pleased to be a valuable part of the world by supplying responsibly generated copper.

Turquoise Hill Announces Completion of Acquisition with Rio Tinto

Subrata Sarkar December 21, 2022

Turquoise Hill Resources Ltd. (TSX: TRQ) declared that the transactions planned under the statutory plan of arrangement following the Business Corporations Act had been completed. This plan of arrangement was between the company and Rio Tinto International Holdings Limited. As a result of this arrangement, Rio Tinto obtained the roughly 49% of the existing and outstanding common shares of Turquoise Hill that it and its affiliates did not already possess for a price of C$43 per share in cash. As a consequence of the deal, Turquoise Hill plans to request the removal of its ordinary shares from the Toronto Stock Exchange and the New York Stock Exchange. It will no longer be obligated to report under Canadian securities regulations. Additional details about the plan and the amount to be paid for the Minority Shares are outlined in the management information circular from September 27, 2022, with modifications and additions made on November 24, 2022, which is available on the company’s website.

Grounded Lithium Announces 28% Increase in LCE Resources to 3.7 Million Tonnes

Subrata Sarkar December 21, 2022

Grounded Lithium Corp. (TSXV: GRD) reported that an updated National Instrument 43-101 – Standards of Disclosure for Mineral Projects was filed on November 30, 2022, regarding the Kindersley Lithium Project. The Updated Technical Report was created or supervised by Sproule Associates Limited, a renowned international firm specializing in subsurface fluid resource evaluations with more than seventy years of expertise. The most recent Technical Report states that the KLP contains 3.7 million tonnes of Lithium Carbonate Equivalent (LCE) as an inferred resource, a 28% increase from the 2.9 million (LCE) reported in the NI 43-101 Technical Report from April 15, 2022. This expansion is mainly due to the enhancement of the Company’s land base in the Kindersley Lithium Project and the results from the lithium test that was completed on December 13, 2022. The Kindersley Lithium Project comprises 266 sections (around 69,000 hectares) in total, gross and net, with the Company’s total landholdings set at 300 sections (roughly 78,000 hectares). The Revised Technical Report has been created with the same level of precision as the methods used by oil and gas operators when evaluating subsurface fluid dynamics. The Updated Technical Report presents the most precise estimations of subsurface porosity that were determined by completing a petrophysical analysis that adjusts porosity readings based on the type of rock. Given the generally uniform geology throughout the area, the assessment entailed constructing a three-dimensional geological model to link the sedimentary layers between the wells. By doing this, the Company-controlled parcels in Kindersley Lithium Project received a much more accurate representation of the brine-in-place instead of just making a generic assumption about the average porosity and average thickness.

Signal Gold Expands Exploration Area to the Goldboro Gold Project

Subrata Sarkar December 20, 2022

Signal Gold Inc. (TSX: SGNL) declared that it had obtained a 100% interest in 6 exploration licenses near the Goldboro Mineral Resource of its Goldboro Gold Project in Nova Scotia, Canada. This acquisition has caused Signal Gold to expand its exploration license area from 599 to 3,756 hectares. This development is a major change for the project since these exploration licenses encompass the surface area necessary for much of the project’s key infrastructure. Additionally, it provides further exploration opportunities in the region of the Goldboro Mineral Resource, as the extra licenses include the strike continuity of the host structure of the Goldboro Deposit, bringing the total known and probable strike length to 7.5 kilometers. The Company acquired exploration licenses from Meguma Gold Inc. in exchange for a total of $700,000, which was split between $400,000 in cash and the issue of 900,901 common shares of Signal Gold at $0.333 each, determined by the average 20-day volume weighted price as of November 16, 2022. Furthermore, the Company gave Meguma Gold Inc. a 1.0% royalty over the licenses, with a maximum payment of $1,000,000, and assumed an existing 2% gross royalty applicable to five of the licenses it acquired. Acquiring these exploration licenses marks a major milestone in the progress and expansion of the Goldboro Gold Project, following the Environmental Assessment Approval on August 2, 2022, and the beginning of exploration drilling west of the existing Goldboro Mineral Resource. These exploration licenses signify a considerable increase in the Company’s mineral property, which is necessary for essential infrastructure. Signal Gold now has a much larger area than before, containing 3.2 kilometers of extra strike potential for a total of 7.5 kilometers of the known and prospective line of the strike, affording a great opportunity for more exploration upside and growth in mineral resources, said Kevin Bullock, President, and CEO, Signal Gold Inc.

Triple Flag Precious Metals Acquires Royalty on Thunder Bay North Project

Subrata Sarkar December 20, 2022

On December 15, 2022, Triple Flag Precious Metals Corp. (TSX: TFPM) declared the purchase of a 2.5% net smelter returns royalty on Clean Air Metals Inc.’s Thunder Bay North Project in Northern Ontario, Canada, for up to a total of C$15 million. The total amount of C$15 million will be provided in two installments, with the initial C$10 million given on the effective date and the remaining C$5 million paid within 90 days of the commencement of the royalty agreement, pending the fulfillment of the conditions of Rio Tinto Exploration Canada Inc.’s approval. Clean Air Metals has been given the right by Triple Flag to reduce the NSR royalty to 1.5% within three years of the effective date of the royalty agreement for C$10.5 million, assuming both tranches are closed. Clean Air Metals has also authorized Triple Flag with a right of first refusal on any future streams, royalties, or similar funding for the Thunder Bay North Project and its related area. After the Effective Date, Clean Air Metals will be given 90 days for due diligence and to decide on the sale of RTEC’s 1% NSR royalty for the Thunder Bay North Project for C$2 million, subject to certain conditions (“Put Option No. 1”). A payment of C$5 million will accompany this. RTEC also has the option to offer its 1% net smelter returns to Clean Air Metals for C$3.5 million at a later date (“Put Option No. 2”). This choice is valid from June 30, 2024, to 60 days after the National Instrument 43-101 – Standards of Disclosure for Mineral Projects filing on SEDAR. Benton Resources Inc. has approved the royalty agreement to be applied to the Current deposit claims (formerly the Thunder Bay North claims held by Panoramic Resources Inc.) and Escape deposit claims previously held by Benton Resources on option with an option with RTEC. Upon termination of Put Option No. 1 or when RTEC exercises Put Option No. 2, Clean Air Metals and Triple Flag will complete the second tranche, and the royalty agreement will come into effect for the Escape deposit claims and be registered with the associated titles of the Escape deposit claims.

Globex Mining sees Assets Develop Positively

Subrata Sarkar December 19, 2022

Globex Mining Enterprises Inc. (TSX: GMX) recently reported that Emperor Metals Inc. successfully closed the first tranche of their flow-through financing, worth $2,335,817. This money will be allocated towards exploring Globex’s 50% owned Duquesne West-Ottoman property in Duparquet, Quebec. This site is situated along the gold-rich Porcupine-Destor Break. The property has been identified as a potential location for gold mineralization through a NI 43-101 report compiled by David Power-Fardy and Kurt Breede of Watts Griffis and McOuat in October 2011. The report stated that the property contains an Inferred Gold Resource of 4.17 Mt, grading 5.42 g/t Au cut (6.36 uncut), resulting in 727,000 oz. Au cut and 853,000 oz. Au uncut. Emperor Metals has acquired full ownership of the land from Globex and Géoconseils Jack Stoch Ltée for a total of $10 million in cash, 15 million shares with a minimum value of $0.20 each, $12 million worth of work over five years, as well as a 3% Gross Metal Royalty, of which 1% may be bought for $1 million. Géoconseils’s interest in the property pre-dates Mr. Stoch’s association with Globex. Sayona Mining Ltd. recently secured the final authorization from the Quebec Government to relaunch their advanced North American Lithium operation in Barraute, Quebec, in the initial quarter of 2023, which is good news for Globex since they possess a 0.5% Gross Metal Royalty at the center of the proposed Authier Lithium Mine open-pit. Electric Royalties, a major shareholder of Globex, similarly holds a 0.5% Gross Metal Royalty at the same center. Cartier Resources Inc. reported intersecting 3.3 g/t Au over 4.6 meters, including 9.56 g/t Au over 1 meter at a vertical depth of 800 meters in the downdip and plunge of the West Nordeau Deposit. Globex holds a 3 % Gross Metal Royalty on the West Nordeau Deposit Sector of Cartier’s Chimo Mine Project. The Cartier longitudinal section proposed several extra drill holes to expand the 311,000 oz Au Indicated and Inferred Resource. Finally, Globex observes the ongoing enhancement in Yamana Gold Inc.’s value to $7.48 per share. Globex currently owns 706,714 shares of Yamana, valued at $5,286,220.

Nickel Creek Announces Carbon Absorbing Characteristics of Wellgreen Deposit

Subrata Sarkar December 19, 2022

Nickel Creek Platinum Corp. (TSX: NCP) has recently disclosed results from the studies conducted by Dr. Gregory Dipple at CarbMinLab, the University of British Columbia, on the Company’s behalf. These results have shown that the composite sample could capture CO2, with an estimated carbon sequestration rate of 34.4 kt CO2 yearly (2.1 kt CO2 per Mt tailings). Stuart Harshaw, President and Chief Executive Officer of Nickel Creek, expressed his enthusiasm, stating that this discovery gives Nickel Creek a chance to significantly reduce its carbon footprint by capturing CO2 emissions. Harshaw further remarked that this could be a great benefit for downstream processors of nickel, especially those catering to the Electric Vehicle (EV) battery market, where decreased carbon footprint is of utmost importance for a greener economy. Nickel Shaw Project’s Wellgreen deposit, mainly situated in ultramafic rocks, contains significant amounts of Ni-Cu-Platinum-Group Elements. The deposit’s Carbon Capture and Storage potential are being examined based on the samples taken from Nickel Creek. CarbMinLab’s initial research revealed the existence of brucite (a magnesium mineral known to interact swiftly with the atmospheric CO2) in a section of samples, with the concentrations ranging from 1 to 3% as per the thermogravimetric analysis and leach tests. To assess the passive reactivity of brucite-bearing processed mine waste from the Wellgreen Deposit of the Nickel Shaw Ni-Cu-PGM Project, a survey chamber was employed to gauge the influx of CO2 into solution and the growth in inorganic carbon from carbonate mineralization. After 28 days, a composite sample was found to capture 2.1 grams of CO2 per kg material. To maintain the sample, deionized water was added daily, and the composite was mixed five days a week to keep brucite on the surface. To validate the CO2 influx measurements, TIC was calculated on carbonated subsamples to gauge the increase due to mineralized CO2. If implemented, passive sequestration on the scale of kilotonnes of CO2 per year could be beneficial in diminishing the carbon footprint from mining the Wellgreen Deposit. According to internal desktop assessments, an estimated 9 to 16.4 million metric tons of tailings are produced annually. The study’s results would allow for the maximum absorption of 34.4 thousand metric tons of CO2 per annum (2.1 thousand tons of CO2 per million metric tons of tailings). The pace of tailings deposition, the moisture content of processed tailings, the type of tailings storage (above or below the water surface), and the regional climate influence the passive rates. It is important to remember that the combination of samples used in this research does not precisely reflect the entire Wellgreen deposit. The organization is currently examining additional work, which will involve constructing a mineralogy model based on the project’s geochemical data to appraise the spatial spread of rocks within the Wellgreen deposit that possess a great ability to store carbon.

Los Andes Copper to Issue Common Shares Valued at $14 Million in Total

Subrata Sarkar December 17, 2022

Los Andes Copper Ltd. (TSX.V: LA) has declared that based on the terms of the $5,000,000, $4,000,000, and $5,000,000 eight percent convertible debentures issued to Queen’s Road Capital Investment Ltd. on June 2, 2021, April 4, 2022, and September 2, 2022, respectively, the Company has chosen to issue 10,172 common shares in the capital of the Company at a deemed price of $10.28 to Queen’s Road Capital as the payment for the amount of $104,568 due in interest on the Convertible Debentures. This issuance of Common Shares as the payment for interest owing on the Convertible Debentures is subject to the terms and conditions of the Convertible Debentures and the approval of the TSX-V. According to the conditions of the Convertible Debentures, each quarter, interest will be paid out in two parts: five percent as cash and three percent as shares, at either the 20-day volume-weighted average price prior to the date of the interest payment or the Discounted Market Price as designated by the policies of the TSX Venture Exchange.

iMetal Resources Completes Drone Survey on Its Shining Tree Block

Subrata Sarkar December 17, 2022

iMetal Resources, Inc. (TSX.V: IMR) has completed a magnetic survey via drone at its 565-hectare Shining Tree block, located 3.75 kilometers from the Gowganda West property. This survey encompassed 20 separate flights over two days. Chief Executive Officer Saf Dhillon remarked: “Exploration efforts in the Shining Tree District are currently underway by several companies in search of gold due to the Aris Gold Corp. Juby deposits. Early survey results and initial prospecting have sparked our interest in the Shining Tree claim group. We look forward to furthering our investigations in 2023.” Research conducted at Shining Tree has been relatively sparse, particularly on metal. As part of the drone survey, initial observations and sampling of outcrops occurred, showing quartz veins in multiple places. An initial assessment of the drone magnetics confirms the north-south orientation of the geological formations in the area. Once the conclusion of the interpretation is reached, as well as the results from mapping and grabbing samples, a plan for future exploration programs will be developed. The data included in this announcement was checked and accepted by Scott Zelligan, a Professional Geoscientist in Ontario and a qualified individual as specified by National Instrument 43-101.

T2 Metals Announces Private Placements to Raise up to $1.4 Million

Subrata Sarkar December 16, 2022

T2 Metals Corp. (TSXV: TWO) has presented an application to the TSX Venture Exchange to raise an aggregate of up to $1.4 million by issuing FT units. The capital raised from this issuance will be used for “flow-through mining expenditures” as laid out in the Canadian Income Tax Act subsection 127(9) and renounced to those who subscribed to the FT units in the fiscal year December 31, 2022. The funds will primarily be allocated towards exploratory activities on the Company’s properties, with the remainder going towards general operational costs. All securities issued during this transaction will have a four-month holding period and are subject to the exchange’s approval. The Company plans to raise $1.4 million by offering 2,777,777 flow-through units at a rate of $0.36 each to accumulate up to a total of $1,000,000. Every FT unit will comprise one flow-through common share, one non-flow-through common share purchase warrant, which can be exercised to obtain one additional non-flow-through common share at the cost of $0.45 for 36 months following the date of issuance, and 1,379,310 units in a non-flow-through private placement at $0.29 per unit, to generate up to $400,000. Each unit will be composed of one common share and one-half of a common share purchase Warrant, with each whole Warrant being redeemable to receive one additional common share at an exercise price of $0.45 for 36 months from the date of issuance. The Company has the right to make the Warrants expire earlier if the value of its common shares, weighed by volume, is $0.90 or higher for 20 consecutive stock exchange days, and it will give written notification of this action with a press release. Additionally, those involved in the Financing may receive finder’s fees, which the exchange must approve.

Teck Resources Named to 2022 Dow Jones Sustainability World Index

Subrata Sarkar December 16, 2022

Teck Resources Ltd. (NYSE: TECK) has achieved a remarkable feat of consecutively making it to the S&P Dow Jones Sustainability World Index for the 13th year and has been crowned the #1 in the Metals and Mining industry category in the 2022 S&P Corporate Sustainability Assessment. Jonathan Price, CEO of Teck, has expressed his delight and has mentioned that the employees have been driving the company’s commitment to sustainable performance. Price added that Teck is proud to have been identified as a leader in the metals and mining sector, as they strive to provide the resources needed for the modern world and a low-carbon future. Teck has earned a place on the Dow Jones Sustainability Index, meaning it is among the top 10% of the 4,500 largest businesses in the S&P Global Broad Market Index regarding its sustainability practices. Moreover, according to a comprehensive evaluation by the Corporate Sustainability Assessment of its economic, social, and environmental performance, Teck is a leader in the Metals and Mining industry. Notably, Teck has earned the highest score in the Environmental and Social categories, gauged on their biodiversity, climate strategy, water risk management, diversity, health and safety, human rights, and community investment.

BHP Warns Skilled Labor Shortfall is Threatening Green Metals Boom

Subrata Sarkar December 15, 2022

BHP Group Ltd. (NYSE: BHP), the world’s largest miner, says that the lack of skilled workers, from mining engineers to mathematicians, will impede efforts to procure metals crucial to the energy transition. Laura Tyler, BHP’s senior vice president of technology, warned in a speech in Melbourne on Thursday that new deposits of ‘difficult-to-find’ metals such as copper and nickel require increasingly sophisticated technological expertise. “As we automate and electrify our operations, move work to remote operating centers, and change the equipment our maintainers look after, we have to learn new skills,” she said. “It is becoming increasingly difficult to locate these metals.” The demand for copper, a core element in almost every electronic device from electrical grids to vehicles, is expected to double in the next three decades, while nickel, which is essential for lithium-ion batteries, will quadruple in demand, according to Tyler. BHP’s major commodities, potash, and iron ore are expected to drop as the company sells its coal holdings. According to Tyler, the world will require 21% more mining and geotechnical engineering experts and 29% more metallurgists by 2040 to meet the demand for “green” metals. Increased training will be required. “We will not be able to meet future demands unless we educate more technologists, data scientists, and mathematicians,” she said. “However, demand for less skilled labor is likely to decline as vehicles and equipment are automated.”

Blackrock Silver Completes Drilling at Silver Cloud

Subrata Sarkar December 15, 2022

Blackrock Silver Corp. (TSX.V: BRC) announced the successful completion of a small exploration drill program on its Silver Cloud project in Northern Nevada. The program included three core holes totaling 1,447 meters, two adjacent to the Silver Cloud mine target and one at Northwest Canyon. The Silver Cloud gold mine had two holes intercepting a 30-meter-wide structural corridor oriented North-Northwest. Three core holes were drilled in 2019 as part of the Blackrock Silver program, including SBC19-001, which returned 3.928 g/t gold over a 0.8-m interval. The number of elevated gold intercepts from historic drilling and the Blackrock Silver results indicated that the North-Northwest structure was still plausible in the Silver Cloud mine. SBC22-019 and SBC22-021 were targeted to intersect a structural zone and tested 170 meters from the strike. SBC22-019 encountered pyrite-cemented breccia from 357 to 360 meters down the hole. Because the mineralization in this zone is similar to that in SBC19-001, the mineralization in this zone is similar. The hole, SBC22-021, reached a maximum depth of 170 meters to the South-Southeast of SBC22-019. The drill penetrated oxidized breccia and fault gouge with intermittent quartz veining from 165 to 174 meters down the hole. The drill penetrated the North-Northwest structure, as indicated by the alteration. In Northwest Canyon, SBC22-020 was completed to a final depth of 464 meters. The North-Northwest structure that the Company observed in 2019 drilling (SBC19-002, 8.32 g/t gold over 1.52 meters) and Placer Dome’s 2002 drilling (12.2 meters grading 5.61 g/t gold), which was interpreted to project in the 350-meter step out to the South-Southeast, were targeted. From 307 to 309 meters down the drill hole, SBC22-020 encountered quartz veins and stockwork containing pyrite and black sulfides. Results are pending at the moment.

Dynacor Group Raises Monthly Dividend by 20%

Subrata Sarkar December 15, 2022

The Board of directors of Dynacor Group Inc. (TSX: DNG) has declared a 20% rise in the Corporation’s monthly dividend, raising it from C$0.83 to C$1.00 per common share, beginning January 2023. This increase will be Dynacor’s fourth dividend increment since the Corporation commenced making payments to shareholders in October 2018. Jean Martineau, President and CEO expressed, “Dynacor is devoted to offering returns to its shareholders and preserving a sound financial standing. The four dividend increases within four years indicate the trust management has in Dynacor’s capacity to bring in strong profits and increased cash flows. Today’s announcement reinforces our commitment to our shareholders and shows Dynacor’s steadiness and development capacity as we progress.” The Corporation’s dividend for each month is suitable for Canadian taxation purposes. The Board will consider the financial performance, capital demands, possibilities, and other factors when deciding to disburse or increase the dividend.

Third Sangdong Loan Facility Drawdown and Project Update

Subrata Sarkar December 15, 2022

Almonty Industries Inc. (TSX: AII) has declared that it has finished the third drawdown from the $75 million KfW IPEX-Bank loan facility for its Sangdong Tungsten Mine. The total amount drawn under the Loan Facility is $26.7 million. The Company stated that the drawdowns are being completed according to the schedule set out in the project drawdown agreement. KfW IPEX-Bank GmbH, a German state-owned bank, has provided a Loan Facility of $75 million to finance the Sangdong Mine project. The loan conditions benefit the Company, and the Sangdong Mine is predicted to be up and running well before the loan is due to be repaid. Almonty’s Chairman, President, and CEO, Lewis Black, commented: “Almonty has been given the third drawdown from its financing partner KfW IPEX-Bank for its $75 million project credit. In October 2022, KfW IPEX-Bank representatives, Plansee/GTP offtake partner, and independent consultants Hatch went to the Sangdong Tungsten Mine to review the construction progress and explore ways to be involved in the battery anode and cathode and semiconductor production business.” Almonty has inked a letter of intent with KfW IPEX-Bank to finance up to $50 million of the downstream processing venture. The robust tungsten price, combined with the firm’s floor price protection in its agreement with Plansee GTP, is expected to yield gains for shareholders once the commissioning takes place in 2023.

Kenorland Minerals Enters Agreement to Sell Lithium Projects to Targa Exploration

Subrata Sarkar December 14, 2022

Kenorland Minerals Ltd. (TSX.V: KLD) has officially confirmed that it has struck a deal with Targa Exploration Corp. (CSE: TEX), a British Columbia company, for the sale of the Opinaca Lithium Project situated in the James Bay region of northern Quebec. The project is comprised of 844 mining claims, as well as rights to two mineral exploration license applications that cover numerous lithium-bearing pegmatite occurrences in eastern Manitoba. Spanning 43,595 hectares and 40 kilometers of strike length, the Opinaca Project is located in the Opinaca sub-province of the James Bay region in northern Quebec. Surveying has revealed a collection of remarkable geochemical anomalies containing lithium and cesium, which could be indicative of Li-Cs-Ta pegmatite mineralization. There is no previous exploration history for the project area. The Superior Project is situated in eastern Manitoba and is made up of two mineral exploration license applications, which, together, add up to 19,029 hectares. It contains the Red Sucker Lake and Red Cross Lake pegmatite deposits with lithium-bearing properties. At Red Cross Lake, there is a set of 17 parallel dykes, each up to 4 meters in width, inside a 50-meter-wide corridor. Data from previous excavation and drilling operations show Li2O and Cs2O levels of up to 1.25% and 2.86%, respectively. Samples from the Western display have reached a maximum of 2.97% Li2O. The SQ dyke at Red Sucker Lake has yielded Li2O levels of up to 3.4%, and the Tin Bar showing has had samples with Li2O concentrations of up to 1.72%. In exchange for the projects, Targa will provide Kenorland with 4,377,375 common shares of Targa, a 3% net smelter royalty over the projects, and $100,000 in cash after the sale in January 2023. Additionally, Kenorland will be allowed to acquire 9.9% of the common shares or other equity securities that Targa issues in the future until Targa has raised a total of $5,000,000.

Westhaven Completes Sale of Royalties and Private Placement With Franco-Nevada

Subrata Sarkar December 14, 2022

Westhaven Gold Corporation (TSX-V: WHN) has reported completing the royalty sales and private placement that was previously announced. President and CEO Gareth Thomas declared: “These funds will enable Westhaven to conduct a great deal of exploratory digging and drilling on our Spences Bridge Gold Belt properties.” As per the news release published by Westhaven on Wednesday, September 14th, the Company entered into a deal with Franco-Nevada Corporation (NYSE: FNV), a renowned gold-focused royalty and streaming business. The income generated from the Private Placement and the NSR and Talisker Royalty sales will be employed for exploration activities in Spences Bridge Gold Belt properties and for other general corporate purposes. The approval of the TSX Venture Exchange is still pending, and all securities that were a part of the Private Placement will be subject to a statutory holding period under applicable securities regulations and the rules and policies of the TSXV, expiring on February 7th, 2023. Westhaven has successfully finalized the granting and selling of a 2% net smelter return royalty to Franco-Nevada for $6,000,000. This NSR applies to Westhaven’s claims in the Spences Bridge Gold Belt located in southwestern British Columbia, Canada. Additionally, Westhaven can purchase 0.5% of the NSR for US$3,000,000 for a duration of five years after the closure of the transaction. Furthermore, Westhaven has sold a 2.5% net smelter return royalty to Franco-Nevada for US$750,000, initially granted by Sable Resources Ltd. in Westhaven’s news release on October 16th, 2018. Furthermore, Franco-Nevada purchased 2,500,000 shares of the Company at C$0.40 each, accumulating a total of C$1,000,000. Westhaven owns four gold and silver mines in the Spences Bridge Gold Belt in southwestern British Columbia, which add up to more than 37,000 hectares. In January 2022, Westhaven announced an estimate of 841,000 indicated ounces at 2.47 g/t gold equivalent and 277,000 inferred ounces at 0.94 g/t gold equivalent for the Shovelnose Gold property, where drilling activities are still underway. Westhaven takes full advantage of the long-term BC Mining Exploration Tax Credit, a refundable income tax credit available to companies and individuals that explore minerals in the province. This credit covers up to 30% of qualified mining expenditures, and Westhaven is eligible to receive the full amount due to its properties in a mountain pine beetle-affected region.

A.I.S. Resources Finds Gold at its Bright Project in Victoria, Australia

Subrata Sarkar December 13, 2022

A.I.S. Resources Ltd. (TSX.V: AIS) reports that in the third drill hole of its 1,500-meter program, they have come across visible gold in the Golden Bar Prospect. It was discovered in a spurry quartz-carbonate vein at the 75.5-meter mark, linked to the Golden Bar Reef. To the Company’s surprise, it appears the gold mineralization is spread across multiple major and minor faults, which is lower than the 100-meter mark they initially predicted. Within the newly-modified zone, arsenopyrite, sphalerite, and pyrite were recognized. As part of the examination, AIS drilled two holes at Home and Golden Bar Reefs, and the results revealed arsenic concentrations that surpassed 10,000 ppm (1%), which is a sign of gold’s presence. The drilled intersections are in line with the 3D model created from available LiDAR and vintage mine plans. According to Kenny’s records from 1966, it is thought that mining operations in the area began in 1865 and ended in 1905, with Home Reef and Shaws Reef being the main sites. Investigations revealed that Shaw’s Reef yielded an average of 10.14g/t from 487.7 tonnes of ore, and Home Reef yielded an average of 22.28g/t from 287 tonnes of ore. This result gives a weighted average of 14.66g/t from 779.3 tonnes of ore, with auriferous pyrite contributing 1.2-1.5g/t. LiDAR analysis showed that Home Reef was mined up to a length of 120 meters, while Shaws Reef was mined to 80 meters. AIS attempts to demonstrate that mineralization is continuous and extends along the mineralized reefs.

BHP, I-Pulse and I-ROX Enter Collaboration to Make Use of I-Pulse Technology

Subrata Sarkar December 13, 2022

I-Pulse Inc. and I-ROX SAS are delighted to collaborate with BHP Group Ltd. (NYSE: BHP), a leading global mining company, to explore the usage of pulsed-power technology in the mining industry. Mike Henry, the CEO of BHP, highlighted, “This joint venture with I-Pulse and I-ROX has the potential not only to upgrade the competitiveness of our current operations but also to open new growth prospects currently unavailable. We are enthusiastic about teaming up with I-Pulse and I-ROX and bringing our expertise to the partnership to create these solutions.” I-Pulse and BEV-E have established I-ROX to explore the potential of pulsed-power technology to quickly and efficiently shatter rocks and mineral ores, reducing the time, energy usage, and GHG emissions associated with critical mining activities. BHP has entered into a collaboration agreement with I-ROX and made an equity investment. BHP will be offered direct access to this potentially disruptive technology to develop the technology and business further. This collaboration has the potential to transform multiple aspects of mining and reduce GHG emissions associated with rock crushing. BHP has invested in and collaborated with I-Pulse to identify new applications of pulsed-power technology in the mining industry. Ivanhoe Electric Inc. utilizes this technology in mineral exploration with the Typhoon™ system. There are further opportunities to develop and commercialize pulsed-power-based applications such as drilling, tunnel boring, blasting, and explosives replacement. By collaborating with I-Pulse and I-ROX, BHP hopes to transform different aspects of mining with the potential for economic and environmental benefits. These benefits include reducing GHG emissions associated with rock crushing. Robert Friedland, chairman of I-Pulse, stated that I-Pulse technologies offer the potential to transform many aspects of life, including significant energy savings in mining and manufacturing and opportunities concerning geothermal energy. The Typhoon™ system can be used to locate ore bodies and groundwater. With BHP’s investment and collaboration, I-Pulse technologies have the potential to be developed and commercialized to reduce energy consumption, environmental impact, and costs associated with crushing and grinding rocks in the mining industry.

Blackrock Silver Corp. Discovers Bonanza Grades in New Vein at Silver Cloud

Subrata Sarkar December 12, 2022

The results of Blackrock Silver Corp’s (TSXV: BRC) (OTC: BKRRF) (FSE: AHZ0) diamond exploration drilling program at the Silver Cloud project near the Midas and Hollister mines in north-central Nevada are announced. The project is along the prolific Northern Nevada Rift. Blackrock Silver announced that it had made a significant gold discovery in Nevada. The discovery, called Zeus, is reported to have produced the highest-grade gold intercept in the company’s history. Andrew Pollard, Blackrock Silver’s President and CEO, attributes the success of the discovery to the company’s expertise in understanding the area’s geology, particularly the rich ore deposits along the Northern Nevada Rift. Pollard also notes that the discovery has potential for further growth and is a testament to the skill of the company’s geological team. In its Silver Cloud project, Blackrock Silver has completed three diamond core holes, SBC22-019, -020, AND -021, with a total length of 1,447 meters. Two of the holes, measuring 927 meters, were drilled near the Silver Cloud mine, while the third hole, measuring 520 meters, was drilled in Northwest Canyon. At Northwest Canyon, SBC22-020 yielded bonanza grades, producing 52.62 g/t of gold and 606 g/t of silver in a 1.5-meter interval, which marked a discovery of a high-grade vein. The high-grade section is connected to a quartz vein containing black sulfides from 307.5 to 309.1 meters in the drill hole. This result is the most impressive silver drill intercept found on the Silver Cloud property thus far. The drilling of SBC22-020 reached 464 meters, and it was planned to explore the NNW structure, which was identified in 2019. The start point of the drill hole is 366 meters away from the last drill hole, with the assay intercepts being 425 meters apart. At Silver Cloud mine, drill holes SBC22-019 and SBC22-021 were used to examine a structural zone covering 170 meters. Hole SBC22-019 revealed a section of pyrite-cemented breccia from 357 to 360 meters down. The mineralization was present but not above the 0.3 g/t gold limit. Three additional zones of gold mineralization were discovered between 219 and 267 meters, featuring gold values from 0.377 g/t to 0.578 g/t. These intervals have been sent for metallic-screen analysis. Further work is being considered for Northwest Canyon due to the new finding since the area has limited drilling and indicates a significant vein-hosted deposit akin to Midas. Further investigation is necessary at the Silver Cloud mine to comprehend the broad zones of alteration that contain lower-grade gold deposits.

Rio Tinto Purchase of Turquoise Hill Has Shareholder Support

Subrata Sarkar December 12, 2022

Rio Tinto (NYSE: RIO) has obtained the necessary backing from the investors of Turquoise Hill Resources Ltd. (NYSE: TRQ) for its plan to purchase around 49% of the issued and outstanding shares of Turquoise Hill that it does not own. Rio Tinto’s Chief Executive, Bold Baatar, declared: “We are grateful to the minority shareholders for their support, which is an important step in our acquisition of Turquoise Hill. This transaction will be advantageous for all shareholders and allow us to move forward with the Oyu Tolgoi project in collaboration with the Government of Mongolia using a more straightforward and efficient governance and ownership framework.” The acquisition completion depends on the concluding approval of the Supreme Court of Yukon and is set to be heard on the 14th of December. Should the court pass the transaction, the customary closing procedures will be followed, and it is expected to be finished within a few days.

Purepoint Uranium Group Inc. Closes Its Private Placement

Subrata Sarkar December 9, 2022

Purepoint Uranium Group Inc. (TSX.V: PTU) announced the completion of its non-brokered private placement. As part of the closing, the Company issued 48,642,857 flow-through units for $3,405,000. Each Flow-Through Unit contains one common share with the appropriate taxation under the Canadian Income Tax Act and half of a common share purchase warrant. The warranty is valid for 24 months from the date of issuance and gives the holder the right to purchase one common share with an exercise price of $0.105 per share. All the securities issued as part of the Private Placement have a four-month restriction on them imposed by the relevant securities regulations, which will end on April 9, 2023. The funds generated from the Private Placement will be used to explore and progress the Company’s activities in the Athabasca Basin, Saskatchewan. To complete the private placement, the Company gave out a total of $167,928.90 in cash and 2,398,984 non-transferable compensation warrants as finders’ fees. Each of these warrants allows its recipient to purchase one share of the Company’s stock at a price of $0.07 for 24 months following the closing date.

Amarc Resources and Boliden Commence Drilling at Duke District

Subrata Sarkar December 8, 2022

Amarc Resources Ltd. (TSX.V: AHR) announced that the drilling process has started at its DUKE porphyry Cu-Au district, which it fully owns, located in the central part of British Columbia. Boliden Mineral Canada Ltd., a subsidiary of the Boliden Group, has agreed to invest in the exploration and development of the DUKE District for up to $90 million, giving them the potential to own up to 70% of the area. “We are thrilled to have the systematically funded exploration of the DUKE Deposit and DUKE District in motion with Boliden,” said Dr. Diane Nicolson, Amarc President, and CEO. “Our shareholders can look forward to a continuous stream of results from DUKE as well as the JOY Project, which is being funded by Freeport-McMoRan Mineral Properties Canada Inc., throughout the year 2023.” Amarc is the operator and will continue drilling at the Duke Deposit until the Christmas break in 2022. Surface programs testing 12 deposit targets are planned for 2023. About Duke district Amarc’s DUKE District lies 80 km northeast of Smithers, in the Babine Region. The area is renowned for its plentiful copper-gold porphyry deposits. It is the site of former Noranda Mines properties, the Bell and Granisle copper-gold mines, and the advanced Morrison copper-gold deposit. The region also enjoys many existing infrastructures due to its importance to the forestry and exploration industries. Boliden can secure up to 70% ownership of the DUKE District by funding $30 million toward exploration and development over four years – $5 million of which must be spent in 2022 and 2023 and more than $5 million to be allocated during 2023. Amarc is managing the earn-in stage. Amarc thoroughly investigated the DUKE District, gathering government and historical data. This allowed them to reexamine the geological, geochemical, and geophysical aspects of the Babine belt, uncovering 12 undiscovered porphyry copper deposit targets that look very promising. Amarc holds rights to various minerals, and the DUKE Deposit, which is located 30 km from the former Bell Mine, is a significant part of this. It has been explored in the past, but its considerable porphyry copper system has yet to be explored in depth. Previous shallow core holes showed considerable copper, molybdenum, and silver mineralization, and they only covered a small area of the 3 km x 1 km Induced Polarization chargeability anomaly. Amarc drilled eight core holes at the DUKE Deposit in 2017 and 2018, covering an area of 400 m x 600 m and extending to a depth of 360 m. The mineralization identified remains open to further expansion.

Banyan Gold Announces $11.5 Million Non-Brokered Private Placement

Subrata Sarkar December 7, 2022

Banyan Gold Corp. (TSX.V: BYN) is pleased to report that it intends to raise a total of up to $11,498,791 by issuing Premium Flow-Through Shares at a rate of $0.568 per share and Hard Shares at a rate of $0.40 per share, with a collective total of up to 11,778,520 and 12,021,480 shares respectively. The funds obtained from the offering will be utilized for the development of the AurMac Property and other Yukon gold projects of the company, as well as for working capital and general corporate activities. The closing of the offering is expected to take place on or around December 22, 2022, and is subject to the approval of the TSX Venture Exchange and other necessary consents. The Premium FT Shares will qualify as “flow-through shares” under the Canadian Income Tax Act. The money obtained from selling these shares will meet Canadian exploration expenses and flow-through mining expenditures as specified in the Income Tax Act. All the gross proceeds from the issuance of the Premium FT Shares will be renounced to their subscribers by December 31, 2022. In accordance with the requirements of NI 45-106 – Prospectus Exemptions, the permitted maximum amount of Premium FT Shares and Hard Shares that can be offered for sale to purchasers in Canada and other eligible jurisdictions is 8,978,520 and 12,021,480, respectively, under the exemption of Part 5A of NI 45-106, whereby these securities will not be subject to any holding period imposed by applicable Canadian securities legislation. The additional 2,800,000 Premium FT Shares will be distributed to accredited investors as per Section 2.3 of NI 45-106, and these units will be bound by the regular four-month hold period. The Hard Shares will be available for purchase in the United States by Qualified Institutional Buyers (as specified in Rule 144A of the Securities Act of 1933) through private placement and in compliance with the 1933 Act. The securities mentioned have not been and are not planned to be registered under the 1933 Act or any state securities laws. Thus they cannot be purchased in the United States apart from abiding by the registration requisites of the 1933 Act and relevant state securities regulations or under exemptions. This press release is not a solicitation to purchase securities in any jurisdiction.

First Majestic Announces Proposed Sale of La Parrilla Silver Mine

Subrata Sarkar December 7, 2022

On December 7, 2022, First Majestic Silver Corp. (NYSE: AG) declared that it had inked an Asset Purchase Agreement with Golden Tag Resources Ltd. (TSX.V: GOG) to sell their 100% owned past producing La Parrilla Silver Mine in the state-of Durango, Mexico for a total sum of US$33.5 million. The La Parrilla Silver Mine is an old silver, gold, lead, and zinc operation that was closed by First Majestic in September 2019. Golden Tag is a mineral resource exploration firm headquartered in Toronto and is mainly engaged in the exploration and development of the San Diego Project in Durango State, Mexico. The Transaction completion is contingent upon Golden Tag attaining the consent of the TSX Venture Exchange and other customary closing conditions. Transaction details When the Transaction is finished, First Majestic will get 143,673,684 Golden Tag shares at a presumed worth of CDN$0.19 (US$0.14) each, having an overall worth of US$20.0 million and constituting roughly 40% of the existing shares in Golden Tag. First Majestic will get up to US$13.5 million in three milestone payments in either cash or shares in Golden Tag, with the share cost and the number of shares to be determined on the anniversary date. The Consideration Shares are subject to a six-month restriction period where 25% of the Consideration Shares will be vested bi-annually over 24 months. According to the Support Agreement, First Majestic will be committed to backing the Golden Tag board of directors and will be given an option to keep its number of stocks at a maximum of 19.9%. Additionally, First Majestic has consented to participate in a Golden Tag equity funding of up to CDN$9 million (US$6.59), with First Majestic’s contribution amounting to US$2.7 million.

Excellon Resources Intercepts 115 Meters at 0.74 G/t Au At Kilgore

Subrata Sarkar December 6, 2022

Excellon Resources Inc. (TSX: EXN) has expressed pleasure at the initial findings of the 2022 exploration program conducted at its Kilgore Project in Idaho, USA. Jorge Ortega, the Vice President of Exploration, indicated that they are encouraged by the results they have gathered thus far, as they are helping to comprehend the deposit better and verify the previous data. They have gained insight into the geological elements motivating the high-grade gold mineralization by using oriented core and detailed sampling. Combined with the pending IP/MT survey data, this will be utilized to determine additional drill targets and exploration projects to unlock the total potential of the Kilgore Project. Kilgore drill project Located in Clark County, Idaho, Kilgore is a low-sulfidation epithermal gold deposit in an advanced exploration stage. Excellon owns a full, undivided interest in the deposit, which encompasses 6,762 hectares. Kilgore is estimated to have Indicated, Inferred mineral resource estimates (table below), and the 2022 exploratory drill program included six oriented diamond drill holes totaling 2,145 meters. The first hole returned a result of 0.74 g/t Au across 115.60 meters (EX22KG001), including 1.07 g/t Au over 26.93 meters and a peak of 26.5 g/t Au over 0.65 meters. In addition, a 3D induced polarization (IP) and magnetotellurics (MT) geophysical survey was conducted, and property-wide prospecting was completed in 2022. The Company launched this drill program to identify the possibility of structure-related gold deposits with higher grades at greater depths, mainly in the Aspen formation. Drill results The 2022 exploration program at Kilgore is intended to verify the results of previous reverse circulation and historical drilling within the deposit while exploring along the trend and at greater depths. The first diamond drill hole, EX22KG001, aimed to confirm the mineral resource extent already determined by the earlier drilling. Samples indicated a high degree of grade variation, constrained by thin jarosite-filled structures and narrow, high-grade vein networks. Furthermore, the Company carried out a 75-line-kilometer IP and MT survey of high-priority targets along the Kilgore deposit. This survey was conducted to more accurately define mineralization’s structural qualities and establish additional drill targets. The property-wide exploration at Kilgore has yielded 211 rock samples, with 45 more results. It has been verified that a sizable property area is blanketed in post-mineralization debris. To uncover potential targets in these sections, a combined approach of geophysical analysis, SGH soil sampling, and stream sediment sampling will be executed. In total, 211 with 45 pending samples have been taken from the deposit, containing 71 Spatiotemporal Geochemical Hydrocarbon, 37 traditional ICP-MS, and 37 Mobile Metal Ion samples. All of the samples provided strong geochemical responses, and Activation Laboratories Ltd. experts were able to pinpoint the exact location of the deposit, including the parts of it located beneath the post-mineralization cover. SGH might be the preferred sampling method for properties with post-mineralization covering, as it is highly successful in finding what lies beneath.

Rokmaster Resources Expands Mineralization at Revel Ridge

Subrata Sarkar December 5, 2022

Rokmaster Resources Corp. (TSX.V: RKR) has presented the final analysis of the core samples from their Summer 2022 drilling program at the Revel Ridge Project. John Mirko, President and CEO, remarked that the drill programs conducted in 2022 extended the RRMZ without reaching its limit. He also highlighted that this one-of-a-kind orogenic gold-polymetallic system extends for 5.7 kilometers and is still open along its strike and at depth. Furthermore, he mentioned that the current Mineral Resource Estimate was based on the series of drill holes along the strike length of 1.8 kilometers, which is just 32% of the whole strike length of the RRMZ. Objective of the drilling The main goal of the summer 2022 drill program was to broaden the ore bodies outside of the limits set in the 2021 Mineral Resource Estimate. Most of the 4,803 meters drilled were used to expand the Revel Ridge Main and Yellowjacket zones to the northwest at a lower depth. Through shallow drilling, it was found that the RRMZ mineralized structural zone was extended by 900 meters to the southeast and 3,075 meters to the northwest, leading to an increased possibility for the project, which has a perfect spot for development. Drill results Three drill holes, RR22-103 to RR22-105, were located 150 m to the northwest of RR22-99 to RR22-102a, the latter of which encountered a limestone-quartzite contact with strong RRMZ massive sulfide mineralization (8.84 g/t AuEq³ over 4.20 m in RR22-102a and 6.73 g/t AuEq over 2.00 m in RR22-101). The RRMZ was also hit in RR22-104 and RR22-105, which were set up at a point where the mineralization moderately inclined to the northwest. Three new drill holes (RR22-107 to RR22-109) were drilled to examine the RRMZ below RR22-102a and extend the 2021 MRE to the northwest at lower depths (Figure 2 – Long Section). All three boreholes intersected the expected RRMZ structural and alteration features, having massive sulfide ore deposits RR22-107 and RR22-109, respectively. In 2021, to test the hypothesis that the RRMZ would continue to the northwest, two holes (RR21-67 and RR21-68) were drilled 3,075 m away from the drill holes RR22-103 to RR22-105. Findings from RR21-67 returned anomalous assays, including 0.70 g/t Au over 1.90 m, surrounding contact between a limestone and a phyllite. This contact was predicted to be where the RRMZ would be found when extrapolating the structural plane from the 2021 northwestern drill holes. All the aforementioned holes were found to intersect the RRMZ ductile deformation structure and the related alteration. RR22-106, a shallow drill hole 250 m northwest of RR21-67, was completed as part of a program targeting a linear soil geochemical anomaly. The footwall graphitic phyllite was found to host an anomalous assay of 0.26 g/t Au over 3.00 m. However, due to topography, the RRMZ elevation is 770 m higher than the 830-level underground workings, potentially weakening the sulfide mineralization. Drillhole RR22-106 marks a major extension of the RRMZ, with a distance of 5,720 m from Zinc Creek drill holes to the southeast. Combined with 2021 drilling, this presents a huge area to explore, where further drilling could reveal more substantial sulfide mineralization. This is a major milestone in exploring this area and could lead to exciting discoveries.

Signature Resources Announces TSXV Approval of Share Consolidation

Subrata Sarkar December 2, 2022

Signature Resources Ltd. (TSX.V: SGU) is pleased to announce that the TSX Venture Exchange (the “TSXV”) has approved a share consolidation of the Company’s common shares based on five (5) pre-Consolidation common shares for one (1) post-Consolidation common share. Upon the opening of the market on December 6, 2022, the Consolidation will become effective. Because the Company will not change its name as part of the Consolidation, new share certificates will be issued bearing a new CUSIP number, 82670U3082 (ISIN: CA82670U3082). As of the Effective Date, the Company will have 55,139,632 post-Consolidated common shares and outstanding, totaling 275,698,162 common and outstanding shares.

Canoe Mining Ventures Receives Approval for Option on Butt Property

Subrata Sarkar December 2, 2022

Griftco Corporation has contracted with Canoe Mining Ventures Corp. (TSX.V: CLV) to offer a 100% legal and beneficial interest in 87 mineral exploration claims in Ontario, Canada (August 8, 2022). According to August 10, 2022, the TSX Venture Exchange has accepted the Option. The Company may exercise the Option once the following requirements are met: (1) an overall of 1,900,000 common shares in the Company’s capital have been issued, and (2) a minimum of $250,000 has been spent. If the Company exercises the Option in full and acquires the Property, a 3% net smelter returns royalty will be granted to a third party. Griftco completed an airborne Mobile MagnetoTellurics electromagnetic survey on the Property before entering the Option Agreement. Griftco collected 348 line km of geophysical data during the survey and identified apparent conductivity/VLF amplitude anomalies near the surface, indicating conductive zones. These conductive bodies are thought to be structurally controlled, including pegmatite dykes or graphite minerals. See Figure 1 for a diagram of the strongest geophysical conductors and the historical mineral deposits. Canoe has identified three geophysical anomalies on the Property that appear to correlate with areas of mineralization. As illustrated in Figure 1, Canoe will soon begin prospecting and sampling to find graphite, rare earth elements, and graphite minerals. This task should be finished soon. Area of claim Butt Township, Nipissing District, Ontario, contains 87 mineral claims covering 1,961 square kilometers. They are reachable year-round through logging roads and paths. Uranium and rare-earth minerals were discovered on the Property in the early 1900s. The Property is located in the Kiosk geological region and lies under mafic, quartzofeldspathic, and metapelitic geological layers. Granitic pegmatite dikes with minerals such as allanite, uraninite, pyrochlore, columbite, and other rare-earth and uranium-bearing minerals are present on the Property. The Property has the potential to host graphite mineralization, with a previous graphite deposit directly to the north of the claim. Issuance of shares The Company will issue shares in four installments of 300k – 300k – 300k – 1 mil for the completion of the agreement. 1st) The Company will issue 300,000 Common Shares to Griftco on the tenth business day after receiving conditional approval from the TSX Venture Exchange for the transaction contemplated by the Option Agreement. 2nd) on or before the first anniversary of the Closing Date, issue 300,000 Common Shares and incur $50,000 in expenditures. 3rd) on or before the second anniversary of the Closing Date, to issue 300,000 Common Shares and incur an additional $100,000 in expenditures. 4th to issue 1,000,000 Common Shares and to incur an additional $100,000 in expenditures on or before the third anniversary of the Closing Date.

T2 Metals Begins Drilling at Lida Project

Subrata Sarkar December 2, 2022

T2 Metals Corp. (TSX.V: TWO) is delighted to inform you that the drilling process at the Lida copper-silver project on the Walker Lane Belt in Esmeralda County, Nevada, has already begun. Mark Saxon, President and CEO, stated that the source for the charge ability anomaly identified through IP geophysics in mid-2022 is now unveiled. He also stated that Walker Lane in Nevada is one of the most sought-after and busy exploration sites in the United States for gold, silver, copper, and lithium. Saxon also promised shareholders that they would be kept updated on the drilling program as it progresses. Timberline Drilling Inc. has set up a diamond drilling rig at the initial drill site (see Figure 1) to examine the southern end of the hidden high chargeability IP anomaly. The top of the anomaly is located approximately 250m beneath the surface. The Lida project features a sizable copper oxide and carbonate mineralization region visible in old workings. Three highly conductive IP anomalies buried underneath the surface have been identified. The geological setting and IP properties indicate the potential of skarn-style mineralization in the carbonate-rich Poleta Formation. Exploration records and observations in the field do not show any sign of the three IP targets having been drilled previously.

Nicola Mining Inc. and Osisko Sign Memorandum of Understanding

Subrata Sarkar December 2, 2022

Nicola Mining Inc. (TSX.V: NIM) announces the signing of a Memorandum of Understanding with Osisko Development Corp (NYSE: ODV) (TSXV: ODV) for the processing of stockpiled gold mill feed from Barkerville Gold Mines Ltd., a wholly owned subsidiary of Osisko, located in the Cariboo Mining District in east-central BC, east and southeast of Quesnel. CEO Peter Espig expressed his contentment, citing the positive relationship developed with the Osisko team, and thanking the Ministry of Energy, Mines, and Low Carbon Innovation for its assistance. Memorandum of understanding Osisko is arranging to transport 15,000 tonnes of ore to Nicola Mining’s mill site near Merritt, BC, an area owned by the firm, with a projected expenditure of roughly $30 million. This site is also the original location of the Craigmont Copper Mine, which previously yielded ore with a 1.3% copper content. Both entities have already begun working together and assume they will sign a Milling Profit Share Agreement shortly. The concentrate generated from the mill feed will be sold to Ocean Partners UK Limited, which the Company declared that they had a purchase agreement on April 30, 2021, for gold and silver concentrate. Nicola’s Merritt Mill is the exclusive provider of third-party gold and silver mill feed in British Columbia. It is the only facility in the province with authorization to accept such materials.

TRU Precious Metals Acquires 100% Ownership of Altius’ Golden Rose Project

Subrata Sarkar November 30, 2022

TRU Precious Metals Corp. (TSX.V: TRU) has simultaneously exercised three option agreements to acquire 100% ownership of the Company’s flagship Golden Rose Project, as described below (Figure 1), located in the central Newfoundland Gold Belt, which is a highly prospective gold belt. On May 12, 2021, TRU announced that it had reached a definitive option agreement with a subsidiary of TSX-listed Altius Minerals Corporation. This agreement grants TRU the exclusive right to acquire, subject to the retention of a 2.0% net smelter return royalty by Altius, its 100% interest in a package of mineral claims located in the southwestern portion of the Central Newfoundland Gold Belt. Additionally, Shawn Rose was assigned a supplementary option agreement by TRU, granting TRU the exclusive right to acquire, again subject to the retention of a 2.0% NSR by Shawn Rose, his 100% interest in certain surrounding mineral claims known as the Rose Gold claims. In short, TRU has the exclusive right to acquire the mineral claims located in the Central Newfoundland Gold Belt, subject to the retention of a 2.0% net smelter return royalty by Altius, as well as the right to acquire the Rose Gold claims, subject to the retention of a 2.0% NSR by Shawn Rose. TRU has exercised its Altius Option and the accompanying Rose Option, issuing 1,400,000 common shares of TRU to Altius for $0.25 per share and paying $37,500 cash to Shawn Rose. The Company had already satisfied the other terms of the option agreements, including the requirement to incur $3,000,000 of exploration expenditures before 2024. Golden Rose was initially formed by the Altius Claims and the Rose Claims, and the size of the Company has since doubled due to other transactions. The Company entered into an option agreement with an arm’s length individual granting TRU the exclusive right and option to acquire a 100% interest in certain claims along the shoreline of King George IV Lake, which are contiguous with Golden Rose. To exercise the option, TRU issued 100,000 TRU Shares at a deemed price of $0.08 per share as well as 500,000 TRU Shares at a deemed price of $0.08 per share in shares for debt transaction in satisfaction of a $40,000 cash-or-shares payment obligation, which was due to be made by July 13, 2023. The option or retain a 2.0% NSR.

Nevada King Gold Completes Phase II Drill Program At Lewis Gold Project

Subrata Sarkar November 30, 2022

Nevada King Gold Corp. (TSX.V: NKG) has completed its 2022 Phase II drilling program at its 5,500-hectare, 100% owned Lewis Gold Project, located about 21 kilometers south of Battle Mountain, Nevada. Cal Herron, Exploration Manager at Nevada King, said, “We are eagerly waiting for the results of the Lewis project this year, where the Company is investigating two different types of gold deposits: (1) a shallow, upper plate-based gold deposit akin to Barrick’s Hilltop and Robinson deposits, and (2) a more conceptual lower plate-based gold deposit similar to Pipeline and Cortez (Figure 2). We were able to drill a much bigger area in this Phase II program, allowing us to interpret better the potential for linking and expanding the shallow, upper plate-based gold deposits discovered at the Celestine O’Neal and Rocky Canyon targets. As a result of covering a much larger area in this phase, we will be in a better position to determine deeper targets within lower plate rocks that we will be able to test in phase III in 2023 as soon as we get assay results.” The Phase II program consisted of eighteen reverse circulation holes totaling 3,228m (Figure 1). As a result of winter weather, the Phase II program was terminated on November 13, 2022. This target was not drilled during Phase I due to adverse winter weather, but it was drilled during Phase II. The Record Target was drilled, a shallow target previously defined by a strong surface gold signature and low-grade drill intercepts. Nine of the Record Target’s holes were drilled as part of Phase II. Widely-spaced historical drill holes suggested shallow anomalous gold mineralization in the Upper Rocky Canyon Target area. Weather conditions prevented the Company from drilling this target in 2021. To test an important anomaly in the gap between the Upper Rocky and Celestine O’Neal targets identified in the recently concluded Induced Polarization survey, one of the 2022 holes was cited. Celestine O’Neal Target was drilled with two step-out holes to 50 m and 90m from LS21-008, a 2021 drill hole that intersected gold mineralization between 76.2 and 85.4m, ranging from 9.1m grading 1.79 g/t Au to 3.34 g/t Au, and from 154.0 to 167.7m grading 2.50 g/t Au, with values up to 15.73 g/t Au from 163.1 to 164.6m. To test another high-priority IP anomaly in an area that had not been drilled before, a second hole was drilled approximately 450m north of the Celestine O’Neal Target.

Drilling Commences at Forum’s Wollaston Uranium Project

Subrata Sarkar November 29, 2022

Forum Energy Metals Corp. (TSX.V: FMC) announced that the drill has started operating on its Wollaston uranium project, located 10 kilometers south of Rabbit Lake Uranium Mill and 30 kilometers south of McClean Lake Uranium Mill in the Athabasca Basin. Before Christmas, 1,000 meters will be drilled, followed by 2,000 meters in the new year to test priority targets identified by the recent airborne magnetic/ electromagnetic survey. Cyr Drilling Ltd. of Winnipeg, Manitoba, has supplied the drill and workforce. Strong geochemical and alteration values were encountered in one of four holes drilled last winter on the Gizmo zone, where uranium grades were as high as 0.21% U3O8. Because of the bad ground conditions, the targets on the project’s west side will be drilled first, near the all-weather road to the McClean Lake and Rabbit Lake uranium mine/mill complexes.

Skeena Resources Encounters Additional Mineralization in 23 Zone

Subrata Sarkar November 29, 2022

As part of the recently completed 2022 regional and near mine exploration drilling campaigns at the Eskay Creek gold-silver project in British Columbia’s Golden Triangle, Skeena Resources Ltd. (TSX: SKE) delineated additional Rhyolite-hosted mineralization in the 23 Zone. From the surface, downhole mineralization continuity has been confirmed, which can positively influence the future open-pit strip ratio as the resource and engineering studies are updated. Additional infill drilling is anticipated in the near future. Infill drilling has successfully identified additional Rhyolite-hosted gold-silver minerals from the surface. Drill holes SK-22-1092 and SK-22-1089 discovered 12.5 g/t of gold, 12.5 g/t of silver (1.05 g/t of gold) over 79.97 m of material, and 0.77 g/t of gold, 7.9 g/t of silver (0.86 g/t of gold) over 29.90 m, respectively. These drill holes were collared from the same pad as the previously reported drill hole SK-22-1090, which intersected 1.13 g/t of gold and 6.6 g/t of silver (1.20 g/t of gold) over 96.02 m. Recent exploration and infill drilling by Skeena has confirmed and expanded areas of mineralization previously considered non-prospective by prior operators. Excitement is mounting as a steady stream of new results is expected in the upcoming weeks, according to Skeena’s Director of Exploration, Adrian Newton. Randy Reichert, Skeena’s President and CEO, has been impressed by the discovery and definition of additional near-surface mineralization close to the Feasibility Study Main Pit. It is anticipated that targets such as the 23 Zone will positively affect the Feasibility Study update that is expected to be released in the second half of 2023.

Rokmaster Resources Intersects 8.84 g/t AuEq on Revel Ridge Main Zone

Subrata Sarkar November 28, 2022

Rokmaster Resources Corp. (TSX.V: RKR) recently announced that RR22-102a, a drill hole at Revel Ridge, encountered strong sphalerite-galena mineralization (sphalerite and galena are minerals) in a silicified limestone around the core barrel at a depth of 222.5 meters. The drill intersected the mineralization in RR22-102a, a wedge hole that was closed due to equipment wear at 222.5 meters. RR22-102a intersected the mineralization in a second location, the Yellowjacket Zone (“RRYZ”), at a depth of 206.90 meters to 211.50 meters. This location is 65 meters from RR21-50, the nearest drill hole to the RRYZ. Drillhole RR22-102a is located in the Main Zone (“RRMZ”) at a depth of 287.3 m, which overlies a thick carbonate unit. The RRMZ consists of footwall quartzite packages in RR22-102a. The favorable carbonate-quartzite contact in the RRMZ is indicated by meter-thick massive sulfide bands, which may be laterally extensive, as the distance between RR22-101 and RR22-102a is 95 m. These broad and successful step-outs are external to the block model mineral resource estimate. John Mirko, the President, and CEO, stated that the results of the Drillhole RR22-102a add to the strength of the RRMZ and the Yellowjacket Zone. He also mentioned that the goal of the 2022 drill campaign had been met. Furthermore, Rokmaster has located a favorable geological setting for hosting wide intersections of the RRMZ. Lastly, work is progressing well on the PEA update, considering the 2021 mineral resource estimate and the recent metallurgical breakthrough.

Labrador Gold Intersects 23.44g/t Au over 1.27 Metres at Big Vein Southwest

Subrata Sarkar November 28, 2022

Labrador Gold Corp. (TSX.V: LAB) has reported results from recent drilling targeting the prospective Appleton Fault Zone at Labrador Gold’s Kingsway Project. The drilling forms part of the company’s 100,000-meter diamond drilling program. Drilling at Kingsway has revealed gold grades of 8.60 g/t Au over 4.41 m from 326.89 m of 326.89 m that included 53.52 g/t Au over 0.31 m in Hole K-22-211 with visible gold, 1.31 g/t Au over 7 m from 270 m including 8.49 g/t Au over 0.91 m in Hole K-22-207 from Big Vein Southwest, and Hole K-22-202, drilled at the northeast end of Big Vein, intersected 5.68 g/t Au over 2.65 m from 189.7 m including 18.27 g/t Au over 0.78 m. An additional mineralized zone was discovered 40 m southwest of Hole K-22-174 by Hole K-22-211, which intersected 284.1 g/t Au over 0.58 m and 15.05 g/t Au over 1.11 m. The Corporation is adequately financed to complete the 39,000 meters of drilling remaining in the 100,000-meter program and additional research to expand the pipeline of drill targets on the property. 61,404 meters have been drilled out of the planned 100,000 meters to date. Assays are pending on samples from 11.4% of the total length (4,263 meters).

Fortune Bay Files Technical Report For Goldfields Project

Subrata Sarkar November 25, 2022

Fortune Bay Corp. (TSX.V: FOR) released a Preliminary Economic Assessment independent technical report on its 100% owned Goldfields Project, located near Uranium City, Saskatchewan. The Goldfields mineral resource, located in Saskatchewan and included in Fortune Bay’s Goldfields Project, is assessed in the Goldfields PEA as a conventional open-pit mine with a free milling flowsheet. The Goldfields PEA, released on November 1, 2022, includes the key results, assumptions, and estimates resulting in a base case estimate of 101,000 ounces of gold produced annually over an 8.3-year mine life with a low capital cost and high rate of return. The project’s economics are quite positive, with a net present value of C$285M, an internal rate of return (“IRR”) of 35.2%, and a payback period of 1.7 years using gold prices of US$1,650 per ounce. The mine will produce an average of 122,000 ounces of gold per year for the first four years, for a total of 101,000 ounces annually. The life of the mine will last for 8.3 years, during which time 835,000 ounces of gold will be produced. Initial capital expenditures will be C$234M. In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Ausenco Engineering Canada Inc. collaborated with Moose Mountain Technical Services for the mine design and SRK Consulting Inc. for the updated mineral resource estimate and environmental, permitting, and social aspects, to prepare the PEA technical report.

Searchlight Resources Acquires Bootleg Lake Gold Property

Subrata Sarkar November 25, 2022

Searchlight Resources Inc. (TSX.V: SCLT) has agreed with New Moon Minerals Corp., a privately held company, to purchase the remaining 25% interest and 1% NSR on the Bootleg Lake Gold property near Creighton, Saskatchewan, Canada. This location is about five kilometers from Flin Flon, Manitoba. The Company will acquire a 25% interest plus 1.0% NSR in Bootleg Lake Gold in exchange for 6,000,000 shares. New Moon must be accepted and approved by TSX shareholders before the agreement can be implemented. A four-month hold period applies to all securities issues due to the agreement. In May 2017, Searchlight signed an option agreement with New Moon to purchase Bootleg Lake for 75% of the Company, with SearcCompanyoperating it. In August 2021, Searchlight acquired the other 25% and a 1.0% NSR from New Moon and now holds 100% ownership of the project. On completion of this deal, a legacy 1.0% underlying NSR held by a third party on four of the 20 claims will remain in effect. The Property consists of 20 contiguous claims, totaling 4,988 hectares, which have expanded from the original claims covering 867 hectares. The original claims are valid until 2039-2040. The Bootleg/Rio, Henning-Maloney, and Newcor gold mines, all of which are past-producing mines, are located on the Property. There are also various gold and copper deposits present. Searchlight has bought all of the shares in New Moon, an arms-length party to the Bootleg Lake gold property. From now on, ownership will be simpler, and future exploration will be faster. The Bootleg Lake property is situated in the Flin Flon Gold Camp, an under-explored but highly productive Archean Flin Flon Greenstone Belt. Searchlight has gained a large land position in this region, including the Robinson Creek Gold venture.

Emperor Metals Announces C$5 Million in Private Placements

Subrata Sarkar November 25, 2022

Emperor Metals Inc. (CSE: AUOZ) is seeking to complete a non-brokered private placement on a best-efforts basis for up to 13,050,000 flow-through shares at $0.23 per FT Share for gross proceeds of up to $3,001,500, and up to 11,765,000 non-flow-through units at $0.17 per NFT Unit for gross proceeds of up to $2,000,050. Each NFT Unit will consist of one common share and half a warrant for a total of one warrant for one additional common share of the company at $0.30 per share for 24 months after the offering’s closing date. Proceeds from the NFT Units will be used to fund ongoing project development expenses at the Company’s Duquesne West Gold Project, as well as working capital and general corporate purposes. Gross receipts from the sale of FT Shares will be used to incur eligible “Canadian exploration expenses” as defined by the Canadian Income Tax Act related to the Duquesne West Gold Project in Quebec, Canada. All Qualifying Expenditures will be renounced in favor of FT Share subscribers by December 31, 2022. Quebec residents may also claim additional provincial tax credits. A finder’s warrant worth 6 percent of the number of FT Shares and NFT Units sold by the finder will be issued to finders, as well as a finder’s fee of 6 percent of all monies raised. Each Finder’s Warrant will allow the holder to purchase one non-flow-through common share of the corporation for $0.17 for 24 months beginning on any Closing Date. Securities will be subject to a four-month and a day holding period from any Closing Date. The securities will be issued in accordance with the policies of the Canadian Securities Exchange and applicable securities laws, in addition to the approval of the Canadian Securities Exchange.

Vizsla Silver to Make Strategic Investment in Prismo Metals

Subrata Sarkar November 24, 2022

Prismo Metals Inc. (CSE: PRIZ) has signed a non-binding letter of intent with Vizsla Silver Corp. According to the LOI, Vizsla will make a significant investment in Prismo Metals for $2 million by purchasing 4 million Prismo Metals units, with Vizsla having the first option to purchase the Palos Verdes property from Prismo Metals. On or around December 16, 2022, the parties are expected to sign the definitive agreements, and shortly after that, the Strategic Investment will be closed. In order to complete the Strategic Investment, the parties must first enter into definitive agreements and obtain all necessary regulatory and third-party approvals and consents. Four million units of Prismo have been agreed to be subscribed for by Vizsla, each consisting of 1 common share and 1/2 warrant. Each warrant entitles the holder to purchase one common share of Prismo for C$0.75 for two years. Vizsla will issue 1,000,000 common shares in Prismo in exchange for C$500,000 in cash at closing to finance the Strategic Investment. Prismo’s ownership will be 17.03% on a partially diluted basis following the Strategic Investment. On a fundamental basis, Prismo’s ownership will be 12.04%. Vizsla will receive common shares, and Prismo will receive Consideration Shares. Those shares will be subject to a four-month hold period and an optional twenty-four-month hold period, with 25% released every six months. Vizsla will fund a technical committee led by Prismo and Vizsla to study the combined land packages, regardless of ownership. Prismo and Vizsla will each nominate a member of a technical committee. The parties must agree on the third nominee. One director will be nominated to Prismo’s board by Vizsla. During the ROFR, Vizsla will be permitted to maintain its current level of ownership in Prismo, provided that Prismo’s ownership by Vizsla is at least 10% for more than 60 consecutive days. During future financing rounds, Vizsla will be allowed to maintain its current ownership level in Prismo, provided that it maintains at least 10% of the company’s equity. Vizsla and its affiliates may designate a purchaser for any proposed sale of Consideration Shares by Prismo. Prismo may designate a purchaser for Vizsla’s proposed sale of Prismo shares.

Prospect Ridge Resources Obtains Knauss Creek Property

Subrata Sarkar November 24, 2022

Prospect Ridge Resources Ltd. (CSE: PRR) is pleased to announce that it has achieved a 100% earn-in of the Knauss Creek property. The flagship Knauss Creek location is 35 kilometers northeast of Terrace, British Columbia. PRR accelerated its earn-in of the property by committing all $1 million in exploration expenditures within the first year of the option agreement and by issuing the remaining 700,000 shares due under the agreement. PRR started prospecting the area near the end of the 2021 field season and resumed in 2022 summer. Some drilling was also performed on the undertaking. The Dorreen Mine, the Jay Veins (formerly known as Mint2B) showing, and the Hugin outcrops are all situated on the Knauss Creek property, which covers about 3190 hectares. The Company is currently collecting and waiting for the outcome of this summer’s expedition.

Sun Summit Minerals Defines Geophysical Anomaly at Eagle Eye Zone

Subrata Sarkar November 24, 2022

Sun Summit Minerals Corp. (TSX.V: SMN) is pleased to announce the discovery of a strong high-charge ability and high-resistivity anomaly at the Eagle Eye target from their recent Induced Polarization geophysical survey. This survey was conducted across the 33,000-acre Buck Project in central British Columbia as part of a comprehensive exploration program. The Eagle Eye IP grid consisted of four 100-meter-wide east-west-oriented lines and a reconnaissance line 550 meters to the north, covering a total of 10.3 kilometers of surveyed lines. Dipoles spaced 100 meters apart were used to take readings. Versatile Time Domain Electromagnetic geophysical data (Eagle Eye) covering an area of about 3.0 by 2.5 kilometers show a number of broad, high-resistivity anomalies. Near the southeastern resistivity anomaly, a near-surface, high-chargeability anomaly has been identified. Strongly quartz-pyrite-altered volcanic and intrusive rocks have been observed crossing the target in an east-west ravine. The new IP geophysics data agrees with the 2004 survey data and suggests that the sulfide-rich bedrock source is approximately 700 by 600 meters in size. Further exploration, including drill testing, is required to follow up on the target to investigate the source of the geophysical anomalies, which coincide with a broad zinc and arsenic soil geochemical anomaly. The geochemical sampling and IP survey results will identify new priority drilling targets in these untested areas. According to Sun Summit President Sharyn Alexander, the recently completed IP survey has confirmed that there may be additional prospective targets throughout the Buck Project. Because of the favorable lithologies, geophysical anomalies, and sulfide-mineralized showings at Eagle Eye, this untested target has a high prospectivity. IRK grid and all assay results from our property-wide geochemical, soil, and rocks surveys will be available soon. We can assess all available data to identify new high-priority drill targets once drilling resumes at Buck.

Solaris Resources Significantly Expands Warintza East Discovery

Subrata Sarkar November 24, 2022

Solaris Resources Inc. (TSX: SLS) is pleased to report assay results from a series of holes aimed at delineating resources at the Warintza East discovery on its Warintza Project in southeastern Ecuador. In July 2021, Warintza East was discovered, and in April 2022, the Warintza Central Mineral Resource Estimate included eight holes covering the overlapping perimeter. The follow-up drilling results significantly expanded the drilled dimensions of Warintza East to the east and southwest. At the same time, the deposit remained open to strong soil anomalism to the northeast and southeast. Jorge Fierro, Exploration Vice President, stated, “According to Mr. Fierro, Warintza East represents a significant resource opportunity since only a small percentage of the area has been drilled. Extensional and step-out drilling will be conducted to the east and southeast, with a 400-meter step-out platform located on the southern edge of the drilling grid targeting strong soil anomalies.” Highlights During the middle of the Warintza East grid, SLSE-15 was collared and drilled east into a partially open volume, returning 204m of 0.60% CuEq within a broader interval of 910m of 0.40% CuEq from the near-surface, extending mineralization to the east where it remains open. On the other hand, SLSE-14 was stepped out roughly 250m from the eastern edge of the grid and drilled northwest into an open volume, returning 292m of 0.50% CuEq within a broader interval of 693m of 0.40% CuEq from the near-surface, extending mineralization in this direction where it remains open. SLSE-12 was collared at the grid’s eastern border and drilled southwest into an open area, returning 48m of 0.53% CuEq within a broader interval of 508m of 0.40% CuEq from the surface, extending mineralization in this direction. SLSE-13 was collared from the same location and drilled into an open area to the southwest, returning 104m of 0.45% CuEq within a broader interval of 618m of 0.29% CuEq from the surface, expanding the footprint to the south where it remains open. In the overlapping area with Warintza Central, SLSE-10 and SLSE-11 were collared and drilled northwest into partially open volumes, returning 282m of 0.53% CuEq and 270m of 0.55% CuEq, respectively, from near-surface intervals. Warintza East has been confirmed as a significant porphyry deposit, with assays pending from a series of extensional holes to the northeast, east, and south. Multiple expansion areas remain open. Technical Information and Quality Control & Quality Assurance Quality control/quality assurance (“QA/QC”) programs monitor the accuracy of data and certify reference materials (standards), blanks, and field duplicates as part of the quality control process. A secured Company facility in Quito, Ecuador, collects, logs, and samples the data. After drilling, the sample pulps are securely transported to ALS Labs, where they are analyzed by ALS Labs in Quito and by ALS Labs in Lima, Peru, and Vancouver, Canada. After the core is split in half on site, the sample pulps are sent to ALS Labs in Lima, Peru, and Vancouver, Canada, for analysis. In addition, the Bureau Veritas laboratory in Lima, Peru, analyzed certain pulp check samples. Quality assurance/quality control programs are independent of Solaris, and Solaris is unaware of any drilling, sampling, recovery, or other factors that could significantly affect the accuracy or reliability of the data reported here. The Company did not feel it necessary to have the ZTEM data verified by a Qualified Person, as it was validated by an external specialist using industry-standard data validation processes. The technical report “NI 43-101 Technical Report for the Warintza Project, Ecuador” by Mario E. Rossi, dated April 1, 2022, and available on the Company’s SEDAR page and the website, describes the surface samples collected at the Project. Jorge Fierro, M.Sc., DIC, PG, verified the drill hole data using industry-quality data validation and assurance procedures.

Dynacor Group Increases Gold Processing at Veta Dorada Operation

Subrata Sarkar November 23, 2022

Dynacor Group Inc. (TSX: DNG) has announced that its Veta Dorada plant in Chala, Peru, has been expanded to 500 tpd in ore processing capacity. The announcement follows a 25% capacity boost in mid-2021. We have seen an increase in our ore inventory level over the last few months due to our growing ASM producer network and ore supply. At the end of September, Dynacor’s inventory stood at more than 9,000 tonnes, the equivalent of twenty days of production at the previous processing capacity of 430 tpd. Ore inventory increased in October. A new monthly high is expected as management anticipates more than 13,000 tonnes of ore to be processed in November. Approximately $0.8 million was invested in areas including crushing, milling, desorbing, lab work, and transport in 2022 for this expansion. Dynacor, through its Peruvian subsidiary, has become the ninth gold exporter in Peru for the first nine months of 2022, thanks to the Veta Dorada plant’s consistent rise in daily output over the last number of years. According to Jean Martineau, President and CEO, The company’s network of ASM gold producers is seeing increasing demand, driven by more ASMs in Peru advancing through the formalization process. The company’s Veta Dorada plant is prepared to meet this demand.

Thesis Gold Drills 32.00 m of 3.14 g/t AuEq at Ridge Zone

Subrata Sarkar November 23, 2022

Thesis Gold Inc. (TSX.V: TAU) recently released assay results from the Ridge Zone of the Ranch Gold Project in the Golden Horseshoe of north-central British Columbia, Canada. The step-out drill campaign at the Ridge Zone has expanded the mineralized domains and provided crucial geological context that will be applied to future expansion projects. Drillholes 22RDGDD013 and 24 were a part of a larger step-out drilling program at the Ridge Zone that measured the extent of mineralization along the northeast-facing fault structure to the southern and northern extents. Drillholes 22RDG0011 and 17 evaluated the SE and SW extents of the Ridge Zone, delivering mineralization across the zone, with 22RDGDD011 expanding the SE extent of known mineralization and 22RDGDD017 filling in the region between the mineralized areas of the northern end of the Bonanza Zone and the southern edge of the Ridge Zone. The 2022 drill program has revealed that the structural characteristics of the Ranch Property include broad, interconnected fault zones with high-grade zones sandwiched in between. This makes a strong case for the property’s major resource potential.

Graphite One Announces Insider Participation in Private Placement

Subrata Sarkar November 23, 2022

On November 20, 2022, Graphite One Inc. (TSX.V: GPH) announced that a total of 9,322,987 units were issued in two separate closings, resulting in gross proceeds of $10,721,434. Taiga Mining Company, Inc., an insider of Graphite One, participated in the Offering and acquired 2,258,957 Units. According to TSXV Policy 5.9 and Multilateral Instrument 61-101, the issuance of Units to Taiga constitutes a related party transaction. The Company was able to exempt itself from the valuation and minority shareholder approval requirements of MI 61-101 by taking advantage of Sections 5.5(b) and 5.7(1)(b) of MI 61-101. Before the Offering, Taiga owned 27,891,234 of the Company’s Common Shares, making up 26.6% of the overall issued and outstanding shares. After the Offering, they now possess 30,150,191 Common Shares, which equate to 28.0% of the total issued and outstanding shares, thereby increasing their ownership by 1.4%. In addition, Taiga and related parties own 8,768,189 common share purchase warrants. If these are exercised, their beneficial ownership and control of the Company’s Common Shares will be partially diluted to 38,918,380.

CopAur Minerals Announces C$2 Million Non-Brokered Private Placement

Subrata Sarkar November 23, 2022

CopAur Minerals Inc. (TSX.V: CPAU) has made a non-brokered private placement of up to 4,000,000 shares at $0.50 per share for gross proceeds of up to $2,000,000. Each unit comprises one share with one-half of one share purchase warrant. The holders of each whole warrant will be able to acquire an additional common share of the Company at an exercise price of $0.75 per share for two years after the closing date of the private placement. The Bolo Gold-Silver project (Nye County, Nevada) will be bought for 50.01% in Q4 2022, using partial proceeds from the private placement. During Q4 2022, up to 4,000 meters of core and RC drilling will be done at the Bolo South Mine Fault Zone (1,000 meters) and other targets (3,000 meters). By investing an additional $4 million over the next two years, the Company may increase its ownership to 75%. The Company may raise additional funds to develop further its 79.99% interest in Kinsley Mountain, located in Elko and White Pine counties, Nevada. The Western Flank Zone, an oxide deposit near the surface, contains a current mineral resource of 418,000 indicated ounces of gold at 2.63 grams per tonne (g/t) gold and 117,000 inferred ounces of gold at 1.51 g/t gold. The Company may pay finder’s fees to eligible individuals in accordance with applicable securities laws and exchange standards if the TSX Venture Exchange approves this financing.

Prosper Gold Acquires Golden Sidewalk and Skinner Property

Subrata Sarkar November 22, 2022

On August 9, 2020, Sabina Gold & Silver Corp. and Prosper Gold Corp. (TSX.V: PGX) signed an Option Agreement that gave the Company the right to purchase Sabina’s 100% interest in the Golden Sidewalk property and the Skinner property, which contains about 3,000 hectares of mineral claims, leases, and patents in the Red Lake mining district of Ontario. Prosper Gold has exercised this right. The Company acquired 100% of the Properties from Sabina by issuing 1,500,000 common shares from its treasury, paying $50,000 in cash, and incurring $2.6 million in expenditures. The Company and Sabina then entered into Royalty Agreements, under which Prosper Gold will pay Sabina a 2.0% net smelter returns royalty on the proceeds from the production and sale of all ores, minerals, metals, and materials mined or removed from the Golden Sidewalk Property, and a 1.0% NSR on the proceeds from the production and sale of Products mined or removed from certain “Additional Property.” The Company exercised the option to buy the mining properties two years early, solidifying its ownership of 160 square kilometers of mining claims and leases in a world-class mining jurisdiction.

Calibre Mining Reports Sulphide Mineralization at the Gold Rock Project

Subrata Sarkar November 22, 2022

Calibre Mining Corp. (TSX: CXB) has announced its 2022 drill program results at its Gold Project in White Pine County, Nevada, located in the Battle Mountain-Eureka gold trend. The federal permit allows for exploration across a 78 km2 land parcel with numerous high-priority targets. Gold Rock, a near-surface oxide project, was the original purpose of the 2022 drill program. Infill and condemnation drilling, geo-metallurgical categorization, and structural modeling were used to de-risk Gold Rock’s oxide deposit. During the program, Calibre came across sulfide minerals in places where no drilling had previously been done. As shown in Figure 2, both limbs of the Gold Rock Anticline plunge from south to north, which indicates that these gold chutes remain open to depth. The presence of increasing arsenic, bismuth, and tellurium in numerous samples suggests a highly favorable gold environment and a large, deep-seated magnetic low, typical of Carlin-style feeders. According to Darren Hall, President and CEO, Calibre is pleased with its Gold Rock project results. The federal permits allow sulfide treatment in the processing stage, increasing the grade potential. Shallow drilling has confirmed the existence of an oxide gold deposit similar to Calibre’s Pan mine deposit with better grades and recoveries. There could be a large, untested Carlin-style mineral system at depth, and the company is shifting its focus beyond near-surface oxide deposits. Our 100% owned Pan mine received Bureau of Land Management approval to modify the existing mining permit. The modification would add five more years of mining by expanding two waste rock areas and consolidating multiple open pits.

Discovery Silver Intercepts 124 g/t AgEq over 96m at Cordero

Subrata Sarkar November 21, 2022

Discovery Silver Corp. (TSX.V: DSV) announced the results of their Cordero silver project in Chihuahua, Mexico, which had the first 15 drill holes, which were upgradation and expansion from the Pre-Feasibility Study after the data cut-off date. The Pre-Feasibility Study is progressing well and remains on track for an early 2023 delivery. In the pre-feasibility study, drill holes were focused on upgrading resource classification in the PEA pit, expanding and upgrading resource blocks between the PEA pit and the Resource constraining pit shells. In the South Corridor, hole C22-654 intercepted 95.7 m of 124 g/t AgEq1 on the margins of the PEA pit at a vertical depth of 450 m. Hole C22-656 returned strong intervals, including 77.1 m of 126 g/t AgEq1 from 131.1 m and 21.7 m of 265 g/t AgEq1 from 374.3 m, and higher-grade mineralization was found within the PEA pit’s core in the North Corridor at hole C22-648, which intercepted 27.4 m of 86 g/t AgEq1 from 166.2 m and 42.6 m of 179 g/t AgEq1 from 228.3 m. Hole C22-647, drilled to improve data density on the western edge of the pit, returned 25.6 m of 99 g/t AgEq1 from 174.1 m and 18.7 m of 147 g/t AgEq1 from 264.8 m. The pit extends from both surveys were outside the PEA pit limit, showing the potential for later expansion. In total, 17,000 m (52 holes) have been drilled as part of the company’s Feasibility Study drill program. Resource improvement drilling and engineering drilling are among the activities that will be undertaken as part of the feasibility study. Following the completion of the PFS in early 2023, the total meters to be drilled will be determined.

Firefox Gold Announces Non-brokered Private Placement

Subrata Sarkar November 21, 2022

Gold Fire Fox Corp. (TSX.V: FFOX) is planning a non-brokered private placement offering up to 6.25 million units at $0.08 per unit, each with one common share and one warrant. Each warrant is exercisable to one share of common stock at $0.12 for two years. The company will seek regulatory approval before making the offering. The proceeds from the private placement will be used for general working capital and exploration activities at Mustajärvi and other company projects in Finland. The company has 124.7 million shares outstanding, 14.8 million warrants, and 6.6 million stock options. The shares issued as part of the private placement will be subject to a statutory hold period of 4 months plus one day. The company expects to close the deal on or about November 30, 2022, and will pay the finder’s fees.

Bullion Gold Resources Provides Update on Drilling at Bousquet Project

Subrata Sarkar November 18, 2022

Bullion Gold Resources Corp. (TSX.V: BGD) has seen over 1,700 meters of drilling completed as a part of a 3,000-metre drilling program at the Bousquet project, located in Abitibi, Quebec. Silicified and arsenopyrite-bearing sheared corridors have been identified in the first seven holes, which vary in length from 210 to 270 meters. According to GoldSpot Discoveries’ 3D modeling, there are about ten gold lenses in the Paquin East zone and the potential for training folds. Gold was visible in several historical and current drill holes in addition to having visible gold. The Company is still waiting on the results of the Paquin Est 1000-meter program, which was completed at the end of September 2022. The Paquin, Decoeur, Joannès, and CB1 gold discoveries cross the southern part of the Bousquet property over nearly 3 km. To assess the surface potential of the Paquin Est claim, the Company will conduct a series of short drillings in 2023 to evaluate its resources near the surface. The Paquin Est discovery, which has been explored up to 300 m deep to date, will also be drilled in 2023 if the exploration budget allows. The Paquin-Ouest and Decoeur areas will also be drilled if the budget permits. The Company wishes to provide further information regarding issues raised in the March 28 announcement. On November 3, 2022, the Company issued 3,505,000 common shares at $0.06 and 4,968,750 flow-through shares at $0.08 for proceeds of $607,800. The Bousquet property will be the focus of future explorations. In addition, the Company would like to clarify that three independent intermediaries received a combined $22,500 in cash and 281,250 warrants with an exercise price of $0.08 for 24 months in connection with the press release dated November 3, 2022.

Firefox Gold Follows-Up with Drill Program at Mustajärvi project

Subrata Sarkar November 18, 2022

FireFox Gold Corp. (TSX.V: FFOX) has announced that it has finished a small drilling program at its Mustajärvi Project in Finland to offset a recently discovered high-grade zone in the East Target. On July 13, 2022, FireFox announced that the company had completed a drill program at Mustajärvi (13.85m at 14.39 g/t gold in drill hole 22MJ006). That near-surface mineralization was discovered (less than 20m vertical). The drill hole returned significant coarse gold in one of the samples. The subsequent screen fire assays detected significant coarse gold in one of the samples. The more rigorous screen fire assays returned a calculated total gold for one of the 227.4 g/t gold samples. All the section’s high-grade samples (more than 10 g/t) were confirmed by gravimetric finish and by 1,000-gram screen fire assays. A new weighted average of 13.85m at 28.74 g/t gold was calculated for drill hole 22MJ006. The FireFox team devised a drilling program with five holes to examine an alternative route and seek further extensions of the new shallow high-grade zone. The program was designed to test for further high-grade zones downhole and to the southwest. This program’s shallow drill holes ranged from 100 to 160m in depth. One hole was drilled to a depth of 267m. The program was successful in finding further extensions of the shallow high-grade zone. These new zones were found to be downhole and to the southwest of the original zone. Drillhole 22MJ006 was the sixth drill hole along a 1.5km stretch of the Mustajärvi Shear Zone. The hole penetrated 90 gram-meters of gold, expressed as grade-thickness. Most of these intervals have been reported from drill holes directed to the north-northwest, perpendicular to the Mustajärvi Shear Zone, because that is an important controlling direction for gold mineralization. In several instances, FireFox geologists have noted crossing structures that also appear to host significant alteration, veining, and gold. The most recent intercepts from the East Target indicate that the cross structures may be very significant in this area and that mineralization might be thicker. Sedimentary rocks (laminated siliciclastic rocks) and mafic volcanic or intrusions are more prevalent at the East Target than at the Central Zone or the Northeast Target. A follow-up drilling has been executed because the mineral system is shifting to the northeast. According to Carl Löfberg, FireFox’s CEO, it is uncommon for gold exploration to encounter such thick intervals of high-quality material less than 20 meters down. Because we moved quickly to follow up on our last drill results with these several shallow drill holes, we tested our hypothesis that the mineralization in the East Target has some new controls. We anticipate reporting the outcomes of this drill program in a few weeks. If we succeed in these recent drills, we expect the newest high-quality area to increase significantly.

Prosper Gold Closes Second Tranche of Private Placement

Subrata Sarkar November 18, 2022

Prosper Gold Corp. (TSX.V: PGX) has just announced that it has raised $966,000 from its second tranche of $2 million in hard dollar unit and flow-through unit private placements, which were offered without a broker. The net proceeds from the Financing will fund exploration at the Golden Sidewalk Project and for working capital and general corporate purposes. The Company raised $966,000 through the issuance of 2,155,000 HD Units at $0.20 per HD Unit and 2,140,000 FT Units at $0.25 per FT Unit (collectively, the “Second Tranche”). Each HD Unit has one common share and one common share purchase warrant. Each HD Warrant entitles the holder to buy one common share for $0.30 for 24 months following the closing date. Each FT Unit consists of one share that qualifies as a “flow-through share” for Canadian tax purposes and one-half of a non-transferable non-flow-through share purchase warrant (each whole warrant, an “NFT Warrant” and together with the HD Warrants, the “Warrants”). Each NFT Warrant entitles the holder to buy one common share at $0.30 per share for 24 months following the closing date. If the Common Shares trade at a closing price on the TSX Venture Exchange of greater than $0.80 per common share for 20 consecutive days at any time after the closing date, Prosper Gold can choose to notify the Warrant holders that the Warrants will expire on the 30th day after the date of the notice, (acceleration trigger). Finder’s fees totaling $52,300 in cash and 217,800 common share purchase warrants were issued as part of the Second Tranche in accordance with TSX-V policies. Each Finder Warrant is non-transferable and may be exercised for one Prosper Share for 24 months following completion for $0.30. Terms of warrants are the same as acceleration trigger. In accordance with applicable securities laws, all securities issued as part of the Financing are subject to a four-month and one-day hold period. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and were not permitted to be sold or offered within the United States without registration or an applicable exemption from such Act’s registration requirements.

Vital Battery Metals Lists on the OTCQB Venture Market

Subrata Sarkar November 18, 2022

Vital Battery Metals Inc. (CSE: VBAM) is pleased to announce that it has been approved for trading on the OTCQB Venture Market (“OTCQB”) beginning November 18, 2022. The shares will trade on the OTCQB as “VBAMF.” The Company’s shares will continue to trade on the Canadian Securities Exchange (CSE) as well as the Frankfurt Stock Exchange (FSE) as “C0O” under the symbol “VBAM.” This listing on the U.S. exchanges will give the Company access to a broader base of U.S. and international retail and institutional investors, resulting in increased access to data, transparency, and liquidity.

Skeena Resources Announces In-Pit Extension of 21A West Zone

Subrata Sarkar November 17, 2022

Eskay Creek gold-silver Project in British Columbia’s Golden Triangle recently completed regional and near-mine exploration campaigns that have provided additional drilling results from the 21A West Zone delineation program for Skeena Resources Ltd. (TSX: SKE). Before the discovery of high-grade gold and silver mineralization in Rhyolite-facies rocks at SK-22-1131, a previous area was perceived as barren. This exploratory drill hole was drilled 14 meters below the surface, averaging 7.73 g/t Au, 16.8 g/t Ag (7.91 g/t AuEq) over 17.20 m with prominent subintervals of high-grade gold and silver mineralization including 9.47 g/t Au, 13.7 g/t Ag (9.62 g/t AuEq) over 4.02 m and 14.61 g/t Au, 31.3 g/t Ag (14.96 g/t AuEq) over 5.20 m. A previously reported 2022 drill hole located 50 meters away from this spot, SK-22-1031, intersected 2.21 g/t Au, 4.6 g/t Ag (2.27 g/t AuEq). Furthermore, the exploration drill hole SK-22-1103 encountered additional near-surface Rhyolite mineralization, producing 3.08 g/t Au, 32.9 g/t Ag (3.45 g/t AuEq) over 21.80 m, and 4.52 g/t Au, 84.7 g/t Ag (5.46 g/t AuEq) over 9.75 m, within the proposed open-pit and 35 m to the south of SK-22-1131. Due to the lack of historical drilling, Eskay Creek’s 21A West Zone was determined to be a barren waste rock in the 2022 Resource Estimate and Feasibility Study. The recently discovered feeder-style mineralization in the feasibility study pit will be included in the future resource and economic updates for Eskay Creek in the wake of 68,543 meters of exploration drilling performed between September 2021 and September 2022. As shown in the cross-section below, drilling holes SK-22-1103, SK-22-1104, and SK-22-1131 have contributed to the expansion and validation of the 21A West Zone discovered in late 2021. Both down-dip and along-strike expansion are still possible. All drill core is divided into two parts, labeled, and bagged after being retrieved from the drill. A chain of custody requirement requires that security tags be placed on laboratory shipments using numbered tags. Quality control (QC) samples, including blanks and reference materials, are inserted regularly in the sample stream to monitor laboratory performance. The QCQC program was created and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is supervised by Paul Geddes, P.Geo, Senior Vice President of Exploration and Resource Development.

SLAM Exploration Discovery Boulder Grades 39.3 G/T Gold

Subrata Sarkar November 17, 2022

SLAM Exploration Ltd. (TSX.V: SXL) is pleased to announce the discovery of a 39.3-g/t gold-bearing quartz boulder on its Jake Lee gold property, 30 kilometers west of Saint John, New Brunswick. The gold-bearing boulder is 250 m south of a road rubble pile grading 1.49 g/t gold. The road rubble sample is a sedimentary rock with quartz veining near an outcrop of similar sedimentary rock. Gold grades of 39.3 and 1.49 g/t were measured on boulders 1,600 meters northwest of the Cranford-Taylor vein. An anomalous amount of gold was detected in 13 grab samples collected from boulders associated with the vein, ranging from 0.004 g/t to 0.125 g/t gold. SLAM’s advance scout team collected these samples on a recent prospecting expedition. Because of these new gold findings, the Company plans to conduct a follow-up expedition. Elevated gold levels of up to 16,200 parts per billion gold have been detected in a geochemical soil survey on Roger Lake property recently purchased by the Company. Targets include a sample with 16,200 parts per billion gold and 121 sample sites ranging from 10 to 173 parts per billion gold detected in a geochemical soil survey of 1904 samples collected in 2021. Another target is the Lepreau River gold placer occurrence, a historic site. SLAM’s Jake Lee gold project is spread over a 20 km stretch of volcano-sedimentary rocks along the Wheaton Brook and St George fault zones, covering 9,508 hectares of mineral claims. There are six mineral claims, of which SLAM wholly owns five. Roger Lake, subject to cash and share payments over four years in addition to a two percent NSR royalty retained by the option, is the only other claim. On completion of the deal, the Company can purchase half of the royalty for $1 million and $2 million for the other half at any time in the future. During an exploration mission in October, SLAM collected grab samples from float (boulders and road rubble). AGAT Laboratories of Mississauga, Ontario, analyzed 38 samples for gold using Fire Assay with an AAS finish. One sample above the 10 g/t detection limit was re-assayed using a gravimetric method.

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