Midnight Sun Mobilizes Additional Drill at Solwezi

2022-09-23 22:22:03 By : Mr. Jeff Lu

Midnight Sun Mining Corp. (TSXV: MMA) (OTCQB: MDNGF) (the "Company" or "Midnight Sun") is pleased to report a second diamond drill rig from ATL Drilling Services Ltd. has been secured and mobilized to join the Company's current drill program on the Solwezi Licences in Zambia (see the Company's news release dated August 15, 2022).

Al Fabbro, President and CEO of Midnight Sun, stated, "I am excited for this drill program and it is important to me that we get as much exploration done as possible this field season. The addition of a second rig will expedite our work to ensure we maximize Dr. Dorling's technical plan."

ON BEHALF OF THE BOARD OF Midnight Sun Mining Corp.

Al Fabbro President & CEO

For Further Information Contact: Al Fabbro President & CEO Tel: +1 604 351 8850

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company 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, changes in market conditions, unsuccessful exploration results, changes in commodity prices, unanticipated changes in key management personnel and general economic conditions. Mining exploration and development is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137740

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Africa is one the most important sources of copper in the world and is home to two of the world’s top 10 copper-producing countries–– Zambia and the Democratic Republic of Congo. Together, the Zambian-Congo Copper Belt is the largest and most prolific sediment-hosted copper region in the world. The copper belt hosts some of the world’s richest mines, with operators that include Barrick Gold (TSX:ABX), Glencore PLC (LON:GLEN), Ivanhoe Mines (TSX:IVN) and First Quantum Minerals (TSX:FM). As a result, exploration companies with early- to mid-stage copper projects in the copper belt present an exciting opportunity for investors.

Midnight Sun Mining’s (TSXV:MMA,OTCQB:MDNGF) Solwezi licenses in the North-Western province of Zambia span a significant 506 square kilometres in the Zambian-Congo Copper Belt, adjacent to First Quantum’s wold-class Kansanshi Mining Complex.

The company is led by a highly experienced management team with a history of discoveries and decades of experience in the exploration and development of high-value mineral deposit.

Midnight Sun Mining’s projects are in proximity to multiple producing mines. The Solwezi Licences are adjacent to First Quantum Minerals’ Kansanshi mining complex, one of the world’s largest copper mines and an important gold producer with resources exceeding 1 billion tonnes with copper grades of 0.7 % to 0.8 % and 4 million ounces of gold. Meanwhile, 120 kilometers away is the Sentinel Mine operated by First Quantum Minerals and 60 kilometres away is the Lumwana Mine operated by Barrick Gold. Ivanhoe’s Kamoa-Kakula Mine is less than 200km away, on the DRC side of the border.

Midnight Sun Mining strongly believes that its Solwezi Licences have the potential to host major discoveries with excellent economics given the proximity to major mines and existing infrastructure, and a drill campaign is currently underway.

Mr. Fabbro has over 40 years' experience in both the finance and mining industries. From 1984 to 1990, Mr. Fabbro headed the retail trading department of Yorkton Securities, followed by six years with Yorkton's Natural Resources Group. After working for 10 years as an investment advisor with Canaccord Capital, specializing in the natural resource sector, Mr. Fabbro left to become Lead Director of Roxgold Inc. which was named the top company on the TSX Venture 50 and raised in excess of $60 million in equity financing during his tenure.

Mr. Sibthorpe, B. Sc (Geol), MBA has had extensive experience in the mineral exploration sector working in geology and business development with senior mining companies including Noranda, Falconbridge and Ivanhoe Mines. He also served as a research and corporate finance analyst in the securities industry for Midland Doherty Ltd., Yorkton Securities Inc. and Canaccord Capital Corp. He has been involved in the discovery and financing of numerous important mineral deposits, including Eskay Creek, Petaquilla, and Fire Creek. In 2010-2012, as President and CEO of Roxgold Inc., he financed and discovered the Yaramoko deposit in Burkina Faso. Mr. Sibthorpe received his Bachelor of Science in Geology and a Masters of Business Administration from the University of Toronto, and the Colin Spence Award from AMEBC for excellence in global mineral exploration.

Mr. Richards is a natural resources executive with over 30 years of expertise in mining and metals. He has a unique background in mining M&A, mine financing, mine development and senior level operations experience. He brings publicly listed CEO experience in the mining sector, as well global operational experience – with a geographic focus in the last 12 years in Africa. Brett has held positions for private equity shareholders in the past including: CEO of African Thunder Platinum, CEO of Renew Resources, and CEO of Octéa. Brett is currently CEO of Banro Corp. and has previously served as the transition CEO of Roxgold, CEO of Avocet Mining, and was part of the five person start-up of Katanga Mining. Brett’s other publicly listed experience was in senior executive positions with Kinross Gold and Co-Steel. He is currently CEO of Goldshore Resources Inc.

Mr. Mazur, P. Geo, MBA is a geoscientist who has held positions in the international exploration and mining industry for over 30 years as a project geologist, financial analyst and senior executive on uranium, gold, base metals, coal and industrial minerals projects around the world. Mr. Mazur worked as an analyst for Canamax Resources Inc. from 1985 to 1991 during the development of three Canadian gold mines. Two of these mines - Bell Creek in Timmins, Ontario and the Island Mine in Wawa, Ontario are still in production. Mr. Mazur also served as a Director of Roxgold Inc. when it was named the top company on the TSX Venture 50 in 2012. Currently, he is a Director Big Ridge Gold Corp., Impact Silver Corp., and Forum Energy Metals Corp.

Mr. Moorhouse, CFA has held senior management positions with several mining and civil construction companies. He has a proven track record at an operating level and as a financial executive with experience covering all stages of a project’s life, from grass roots exploration through feasibility and engineering studies, strategic planning, project finance, construction, mine expansion, operations, and mergers and acquisitions. Mr. Moorhouse has acted for a number of TSX and TSX Venture listed resource companies including Genco Resources Ltd, Stealth Energy Inc., Roxgold Inc. and is currently a director of I-Minerals Inc and the President and CEO of EnviroMetal Technologies.

Mr. Angus is an independent business advisor to the mining industry and is presently Chair of K92 Mining Inc. He is the former Head of the Global Mining Group for Fasken Martineau. For the past 40 years, Mr. Angus has focused on structuring and financing significant international exploration, development and mining ventures. More recently, he was managing Director of Mergers and Acquisitions for Endeavour Financial and was responsible for merger and acquisition mandates. Mr. Angus is the former Chairman of the Board of BC Sugar Refinery Limited, he was a Director of First Quantum Minerals Ltd. until June 2005, a Director of Canico Resource Corp. until its takeover by Brazil’s CVRD in 2005, a Director of Bema Gold Corp. until its takeover by Kinross Gold Corporation in 2007, a Director of Ventana Gold Corp. until its takeover by AUX Canada Acquisition Inc. in 2011, and a Director of Plutonic Power Corporation until its merger with Magma Energy Corp. in 2011. He resigned as Chair of Nevsun Resources Ltd. following its acquisition of Reservoir Minerals in 2017.

Mr. MacKenzie, JD, MBA began his career in finance with GE Capital and BMO Capital Markets. There he worked directly with clients in diverse fields including mineral exploration and production, oil and gas services, and transportation. Additionally, Mr. MacKenzie has conducted consulting projects for the BC Lions Canadian football team, Vancouver Whitecaps of Major League Soccer, and Vancouver Island Helicopters. Holding both a law degree and Masters of Business Administration, Mr. MacKenzie served as Manager of Business and Legal Affairs for Roxgold Inc. prior to joining Midnight Sun.

Mr. Brownlow is a Chartered Professional Accountant and a U.S. Certified Public Accountant (Washington) specializing in resource-focused accounting and finance. Mr. Brownlow has accumulated extensive experience working as CFO of TSX Venture Exchange listed resource companies, spanning exploration, development, and production stages. Mr. Brownlow has also worked as an auditor in the British Virgin Islands. Prior to this, Mr. Brownlow worked for a Canadian chartered professional accountant firm where he specialized in the mining industry, gaining significant accounting experience auditing resource companies with operations throughout the world. Mr. Brownlow holds a Bachelor of Business Administration degree with first class honours from Simon Fraser University.

Midnight Sun Mining Corp. (TSXV: MMA) (OTCQB: MDNGF) (the "Company" or "Midnight Sun") is pleased to report all preparations have been completed and drilling has commenced on the Company's Solwezi Licences in Zambia.

Midnight Sun has contracted ATL Drilling Services Ltd. to perform the diamond drilling program previously announced by the Company (see the Company's news release dated June 14, 2022). This drill program was designed based on a review and re-interpretation of data generated by Rio Tinto Mining and Exploration Limited ("Rio Tinto") under the terms of a now terminated earn-in and joint venture agreement.

Dr. Simon Dorling, a specialist in sedimentary-hosted copper deposits, conducted the review, which included assessing the targeting rationale for the exploration work completed, evaluating the effectiveness of the work completed with regards to the proposed targeting concepts, and commenting on the remaining prospectivity of the Solwezi Licences. The review culminated in a set of drill targets that include both a new interpretation at known targets as well as newly defined targets.

Al Fabbro, President and CEO of Midnight Sun, stated, "Our Solwezi Licences are located in an area of world-class copper mines and have so far shown many of the hallmarks of such deposits. We are of the view that this revised technical approach will provide the Company with an opportunity to catapult the project to a new level."

Midnight Sun has committed to up to 4,500 metres of drilling at its Solwezi Licences for the 2022 field season. The drill meterage has been allocated to 4 targets (Figure 1) which include the known Mitu and Dumbwa prospects and two new targets at North 22 Zone and the Crunch Zone.

New Look at Existing Prospects

Figure 1: Geological map and planned drill holes on the Solwezi Licences as well as lineaments and trend lines interpreted from recent geophysical data. To view an enhanced version of Figure 1, please visit: https://images.newsfilecorp.com/files/2553/133786_figure1.jpg

The interpretation of high-resolution airborne magnetics shows multiple structures cross cutting the Solwezi Dome margin and the overlying Copperbelt sediment succession. The displacement occurs primarily along northeast trending structures which are key to mineralisation at the nearby Kansanshi Mine, owned by First Quantum Minerals. A reassessment of drill cores confirms a structural overprint on stratiform mineralisation and provides justification to revisit existing prospects including the proposal of structural corridors controlling mineralization around the Mitu area as intercepted in hole MDD-17-15 which measured 4.23% CuEq over 11.6 metres (see the Company's news release dated July 4, 2017). Five diamond drill holes have been planned for the Mitu area, targeting northeast-trending structures.

The Dumbwa Prospect is geologically located over basement rock with mineralisation which resembles that of Barrick Gold's Lumwana Mine, located approximately 60 kilometres west of Solwezi. The Dumbwa Prospect is marked by a north-south soil anomaly that extends for more than 20 kilometres. Previous drilling has intersected copper mineralisation but follow up drilling was unable to determine the source of this large anomaly. New magnetic data shows that the southern area of the Dumbwa anomaly is underlain by a major lineament and two east-west drill hole traverses totalling nine holes have been planned to target the source of the surface anomaly.

22 Zone North & Crunch Zone

The 22 Zone North & Crunch Zonetargets are concepts derived from a combination of structural interpretation, subtle geochemical anomalism, and new insights into the genesis of mineralisation in the Zambian-Congo Copperbelt. The primary objective of this drilling is to assess the structural control on mineralisation in the area. The selected locations show apparent structural displacements of several hundreds of meters and are oriented in a favourable direction for fluid flow during compressional deformation, potentially leading to areas which trap and concentrate copper-bearing fluids.

Qualified Person: Richard Mazur, P.Geo., a Director of the Company anda Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release.

Investor Relations & Stock Option Grant

The Company has extended the investor relation services agreement with Kaye Wynn Consulting Inc. ("Kaye Wynn"). Kaye Wynn has been engaged for an additional one year period at a rate of $3,000 (plus GST) per month. The Company will also grant Kaye Wynn stock options to purchase 350,000 Common Shares at an exercise price of $0.165 per share for the term of their engagement. The stock options shall vest in accordance with TSX Venture Exchange policies relating to the granting and vesting of Investor Relations Stock Options. The options are granted pursuant to the Company's Stock Option Plan and the contract may be cancelled by either party with 30 days' notice.

Additionally, Midnight Sun has granted stock options to purchase an aggregate of 3,300,000 Common Shares of the Company, at an exercise price of $0.165 per share, to certain directors, officers, employees, and consultants. The stock options are granted pursuant to Midnight Sun's 10% rolling stock option plan, are fully vested upon issuance, and shall expire five years from the date of issue.

ON BEHALF OF THE BOARD OF Midnight Sun Mining Corp.

Al Fabbro President & CEO

For Further Information Contact: Al Fabbro President & CEO Tel: +1 604 351 8850

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company 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, changes in market conditions, unsuccessful exploration results, changes in commodity prices, unanticipated changes in key management personnel and general economic conditions. Mining exploration and development is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133786

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Midnight Sun Mining Corp. (TSXV: MMA) (OTCQB: MDNGF) (the "Company" or "Midnight Sun") is pleased to report that Zambian-Congo Copperbelt expert, Dr. Simon Dorling, has agreed to accept and maintain an engagement with the Company. Simon has reviewed the data and results obtained by Rio Tinto Mining and Exploration ("Rio Tinto") on Midnight Sun's Solwezi Licences in Zambia and integrated this information with the data created by Midnight Sun and previous operators as well as incorporating recent research in the region to build a comprehensive database and inclusive interpretation of the structural-geological settings for mineralisation for future targeting.

Dr. Dorling's work has generated several new targets and justification to revisit existing prospects on the licences, including the proposal of structural corridors controlling mineralization around both the Mitu discovery area as well as hole MDD-17-15 on the Mitu Trend which measured 4.23% CuEq over 11.6 metres (see the Company's news release dated July 4, 2017). These corridors suggest a fault-control on mineralisation through re-mobilisation into late northeast-trending faults which leave these mineralized areas open along strike.

"I am very pleased that Dr. Dorling has agreed to work with us. He already has a high degree of familiarity with the Solwezi Licences and is an expert in this region," commented Al Fabbro, President & CEO. "Dr. Dorling's integration of the newly collected information, particularly the geochemical and geophysical surveys, into our existing exploration data has formed the basis of a very compelling exploration campaign for Midnight Sun to undertake once we formally receive control of the licences from Rio Tinto. We are well funded and well situated to capitalize on this opportunity, as well as others that may arise from our work in the region."

Rio Tinto's exploration drilling was interrupted by the COVID-19 pandemic and, ultimately, did not achieve the amount of work expected. Rio Tinto generated highly valuable data sets for the project and its future exploration, but, in the Company's view, did not capitalise on the newly collected information. Rio Tinto's drilling completed on the 22 Zone, Dumbwa, and the Mitu Trend have been incorporated into the Company's database and evaluation study ahead of the 2022 work program and drill targets are refined in preparation of Midnight Sun's return to the field, which is anticipated to be in August 2022 and include 4,000-5,000 metres of drilling.

Newly Identified Target - "Crunch Zone"

One of Dr. Dorling's immediate findings, based on a structural interpretation of new high-quality airborne magnetic data, is the identification of a previously undocumented "high strain" structural zone running between the edges of the Kazhiba Dome in the northwest and the Solwezi Dome in the southeast where the Roan strata have heavily been compressed and faulted and abruptly terminate along faults against the basement domes. This wedged fan of tight geological folds and faults links to the orientations and structures documented in the dome underlying First Quantum's Kansanshi Mine (~10 kilometres away) through a succession of sedimentary host rocks. The hypothesis is that the highly folded and possibly faulted strata could provide pathways and traps for concentrating copper-bearing fluids running between these three domes.

Qualified Person: Richard Mazur, P.Geo., a Director of the Company anda Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release.

ON BEHALF OF THE BOARD OF Midnight Sun Mining Corp.

Al Fabbro President & CEO

For Further Information Contact: Al Fabbro President & CEO Tel: +1 604 351 8850

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company 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, changes in market conditions, unsuccessful exploration results, changes in commodity prices, unanticipated changes in key management personnel and general economic conditions. Mining exploration and development is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127512

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Midnight Sun Mining Corp. (TSXV: MMA) (OTCQB: MDNGF) (the "Company" or "Midnight Sun") has received notification of Rio Tinto Mining and Exploration Limited's ("Rio Tinto") intention to terminate the previously announced Earn-In and Joint Venture Agreement (the "Earn-In Agreement") (see the Company's news release dated April 27, 2020). Termination will be effective June 28, 2022.

Under the terms of the Earn-In Agreement, Rio Tinto has not earned any ownership of the Solwezi Licences, and control will be returned to Midnight Sun, along with all samples and data collected while Rio Tinto acted as the project operator.

Al Fabbro, President & CEO commented, "While Rio Tinto were not satisfied with the results generated by their work on our properties, I do not share their feelings. From the outset of this Agreement, Rio Tinto made it clear to me they were looking for a 'Rio sized deposit.' Falling short of their parameters does not mean we don't have the makings of an economic orebody on our hands. They have generated excellent databases of geochemical and geophysical information that tell me the Solwezi Licences are very much still alive and warranting further work."

Midnight Sun has received the 2021 Solwezi exploration report from Rio Tinto. All of the work in this field season was focused on license 12124-HQ-LEL and total expenditures for the 2021 program were approximately USD $2.95 million.

The work consisted of 5,968 meters ("m") of drilling divided into: 2,483 m of diamond drilling ("DD") over 8 holes, 1,050 m of Reverse Circulation drilling ("RC") and 2,682 m of air core drilling ("AC"). There were also 668 new soil samples taken and 1,200 AC samples from Mitu reanalyzed.

A total of five target areas were examined: Gameno, Likoko, Sanda, Mawemba and Dumbwa.

There were three DD holes at Gameno totalling 1,300 m. The program was designed to test a Cu-Bi anomaly that was upgraded by two AC holes in 2020 that returned 18 m of 0.21% Cu and 14 m of 0.23% Cu. The three best intercepts were 2.1 m of 0.68% Cu from 360 m, 1.5 m of 0.79% Cu from 188.5 m, and 1.42 m of 8.3% Cu from 164 m.

No further work is recommended due to lack of strike continuity and thickness. It is also the most populous part of the licenses, running into the town of Solwezi, which hampers further exploration and potential development.

Two DD holes, totalling 461 m tested the Mitu extension to the southeast over a moderate copper soil anomaly coincident with a strong Versatile Time Domain Electromagnetic ("VTEM") anomaly and an audiomagnetotelluric ("AMT") conductor. Neither diamond drill hole intersected Cu mineralisation, indicating further geological and structural modelling of the Mitu Trend is required to understand the controls of mineralisation and the fluid focusing mechanism along this target area.

Two DD holes totalling 499 m tested a weak soil geochemical anomaly and a large VTEM anomaly similar to Mitu. Weak mineralisation was encountered in each hole.

One diamond drill hole was completed to test a Cu in soil anomaly on the north-west edge of a large mafic intrusive body. This diamond drill hole intercepted 20 m of 0.19% Cu from 27.3 m.

At Mawemba NE, 18 air core holes were drilled across three fences, testing a Cu in soil anomaly and along a linear magnetic anomaly. The strongest result was 1 m of 1.13% Cu from 26 m, terminating in mineralization.

Rio Tinto performed a full review of the diamond drilling previously performed by Midnight Sun on the area to get an understanding of the geology and mineralisation of the area. A 200 m x 200 m infill soil geochemical grid confirmed the continuity of the anomaly and seven reverse circulation holes were drilled.

Midnight Sun engaged an independent Copperbelt expert, Dr. Simon Dorling, to review the data generated by Rio Tinto's work and prepare recommendations for Midnight Sun's 2022 work program.

All samples collected by Rio Tinto including soil samples and all drilling were sent to ALS Global Ndola facility for preparation and on turn ALS Vancouver for analysis. The prepared samples was provisionally analysed by ALS certified pXRF at Ndola and in turn by ICP-AES/MS method in Vancouver. One duplicate sample and one certified standard sample were inserted by Rio Tinto in every 20 samples analysed for quality control/quality assurance purposes.

Qualified Person: Richard Mazur, P.Geo., a Director of the Company anda Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release.

ON BEHALF OF THE BOARD OF Midnight Sun Mining Corp.

Al Fabbro President & CEO

For Further Information Contact: Al Fabbro President & CEO Tel: +1 604 351 8850

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company 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, changes in market conditions, unsuccessful exploration results, changes in commodity prices, unanticipated changes in key management personnel and general economic conditions. Mining exploration and development is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127225

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Midnight Sun Mining Corp. (TSXV: MMA) (OTCQB: MDNGF) (the "Company" or "Midnight Sun") is pleased to announce that common shares of the Company are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States.

DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares in the United States. With DTC eligibility, existing investors benefit from potentially greater liquidity and execution speeds, as well as giving new investors an opportunity to efficiently participate in the trading of Midnight Sun's common shares where their previous investing platform did not allow for non-DTC investing.

ON BEHALF OF THE BOARD OF Midnight Sun Mining Corp.

Al Fabbro President & CEO

For Further Information Contact: Al Fabbro President & CEO Tel: +1 604 351 8850

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116044

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Midnight Sun Mining Corp. (TSXV: MMA) (the "Company" or "Midnight Sun") has had the Company's common shares qualified to trade on the OTCQB Venture Market ("OTCQB") under the symbol MDNGF. It is anticipated that Midnight Sun's uplisting to the OTCQB will provide greater liquidity and a more seamless trading experience for U.S. shareholders. Trading on the OTCQB will begin February 9, 2022.

Midnight Sun's common shares will continue to trade on the TSX Venture Exchange under the symbol MMA.

The OTCQB is a U.S. trading platform operated by the OTC Markets Group in New York and is the premier marketplace for early-stage and developing U.S. and international companies. Recognized by the U.S. Securities and Exchange Commission as an established public market, the OTCQB provides investors who cannot access trading on the TSX Venture Exchange with an alternative access to the Company's shares through regulated U.S. broker-dealers.

ON BEHALF OF THE BOARD OF Midnight Sun Mining Corp.

Al Fabbro President & CEO

For Further Information Contact: Al Fabbro President & CEO Tel: +1 604 351 8850

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113062

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Fireweed Metals CORP. ("Fireweed" or the "Company") (TSXV: FWZ; OTCQB: FWEDF, formerly known as Fireweed Zinc Ltd.) is pleased to announce the appointment of Jill Donaldson to the Board of Directors.

Ms. Donaldson is a senior corporate and securities lawyer with extensive experience working with boards in mergers and acquisitions, capital markets, strategic planning and implementation, governance and stakeholder relations, and compliance and risk management. Jill holds her ICD.D designation from the Institute of Corporate Directors and is a director of Prospera Credit Union and Chair of its Governance and Nominations Committee and member of its Business Transformation Committee and is also a director of Canuck Place Children's' Hospice. Jill was a director of Great Bear Royalties Corp. and Chair of its Special Committee with respect to its recent acquisition by Royal Gold. As an independent director, Jill brings significant governance and transactional experience as well as risk management experience, a strategic mindset and financial acumen.

CEO Statement "We extend a warm welcome to Jill as she joins our already strong Board," said Brandon Macdonald, CEO. "Her experience in governance, strategic planning, and corporate transactions will make Fireweed a stronger and better company for all stakeholders as we continue to advance our large Critical Minerals projects."

Stock Option Grant In connection with this appointment and pursuant to the Company stock option plan, the Board has granted to Ms. Donaldson a total of 190,000 stock options priced at $0.59 per share for a five-year term.

About Fireweed Metals Corp. (TSXV: FWZ; OTCQB: FWEDF; FSE:20F): Fireweed Metals is a public mineral exploration company on the leading edge of Critical Minerals project development. The Company has three projects located in northern Canada:

Macmillan Pass Zinc-Lead-Silver Project: Fireweed owns 100% of the district-scale 940 km 2 Macmillan Pass Project in Yukon, Canada, one of the largest undeveloped zinc projects in the world. The project is host to the Tom and Jason zinc-lead-silver deposits with current Mineral Resources and a PEA economic study (see Fireweed news releases dated 10 th January 2018, and 23 rd May 2018, respectively, and reports filed on www.sedar.com for details), as well as the Boundary Zone, Boundary West Zone, Tom North subzone and End Zone which have significant zinc-lead-silver mineralization drilled but not yet classified as mineral resources. The project also includes large blocks of adjacent claims with known showings and significant upside exploration potential. The large 2022 drilling program is nearing completion with four drills; results will inform new and updated mineral resources this winter.

Mactung Tungsten Project: The Company has a binding Letter of Intent to acquire 100% interest in the 37.6 km 2 Mactung Tungsten Project located adjacent to the Macmillan Pass Project and accessed by the same road. It contains historic resources that make it one of the largest and highest-grade undeveloped tungsten resources in the world. Located in Canada, it is one of the rare large tungsten resources outside of China. Due diligence and validation work on historic data is underway which will support a new mineral resource estimate.

Gayna River Zinc-Gallium-Germanium Project: Fireweed has 100% of the 128.75 km 2 Gayna River project located 180 kilometres north of the Macmillan Pass project. It is host to extensive critical minerals mineralization including zinc, gallium and germanium as well as lead and silver, outlined by 28,000 metres of historic drilling and significant upside potential. The 2022 work program consists of an airborne LiDAR topography survey, ground geophysics survey and historic data compilation.

In Canada, Fireweed (TSXV: FWZ) trades on the TSX Venture Exchange. In the USA, Fireweed (OTCQB: FWEDF) trades on the OTCQB Venture Market for early stage and developing U.S. and international companies and is DTC eligible for enhanced electronic clearing and settlement. The Company is current in its reporting, and undergoes an annual verification and management certification process. Investors can find Real-Time quotes and market information for the Company on www.otcmarkets.com . In Europe, Fireweed (FSE: 20F) trades on the Frankfurt Stock Exchange.

Additional information about Fireweed and its projects can be found on the Company's website at www.FireweedMetals.com and at www.sedar.com .

ON BEHALF OF Fireweed Metals CORP.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements This news release may contain "forward-looking" statements and information relating to the Company and its projects that are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, without limitations, exploration and development risks, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability to properly and efficiently staff the Company's operations, the sufficiency of working capital and funding for continued operations, title matters, First Nations relations, operating hazards, political and economic factors, competitive factors, metal prices, relationships with vendors and strategic partners, governmental regulations and oversight, permitting, seasonality and weather, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

Contact: Brandon Macdonald Phone: (604) 646-8361

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Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV:PNPN)(OTCQB:CMETF)(Frankfurt:IVVI) is pleased to follow up on the recent release of the NI 43-101 Technical Report and Mineral Resource Estimate ("MRE") on the "Nisk" Nickel project with the commencement of the second round of drilling. The NI 43-101 Technical Report and Mineral Resources Estimate for the Nisk Project was filed on SEDAR on August 30, 2022

The Nisk Project is located in the southern portion of the Eeyo Istchee James Bay territory, Québec, a region that is the site of a number of mining projects (Figure 1) and improving infrastructure (Figure 2).[1]

[1] References to nearby properties is for information purposes only and there is no assurance that Power Nickel will achieve the same results as on the nearby properties.

Figure 1 - Location of the Nisk Project with respect to the location of other known deposits.

Figure 2 - Location of the Nisk Project with respect to the current infrastructure available in the area.

Power Nickel completed the acquisition of its option to acquire up to 80% of the Nisk Project from Critical Elements Lithium Corp. (CRE:TSXV). The Nisk Project comprises a large land position (20 kilometres of strike length) with numerous high-grade Nickel intercepts. Since completion of the option, Power Nickel retained 3DGeo Solution Inc to create a geological model of the Nisk Project and used this as a guide to the very successful initial Power Nickel 2400-metre drill program completed last December and reported in March of 2022. (See figure 3 below, modified from Press Release dated March 30, 2022).

On the basis of this drill program and the historical drill results, 3DGeo Solution Inc was mandated to conduct a Mineral Resource Estimate and to prepare a NI 43-101 Technical Report on the Nisk Project. Engineering work related to defining a constraining pit shell and underground mineable shapes was contracted to InnovExplo Inc. The Highlights of the Mineral Resource Estimate are below.

Table 1 - 2022 Nisk Project Mineral Resource Estimate.

Note: NiEq = Nickel Equivalent, Ni = Nickel, Cu = Copper, Co = Cobalt, Pt = Platinum, Pd = Palladium, Au = Gold, Ag = Silver, % = Percent, g = Gram, t = Metric tonne

Notes to Accompany Mineral Resource Table:

1. The Independent Qualified Persons for the purposes of this Mineral Resource Estimate (MRE), as defined in NI 43-101, is Kenneth Williamson, P.Geo.. (OGQ # 1490) of Solution 3DGéo inc. The effective date of the estimate is May 17, 2022.

2. The estimate of the mineral resources of the Nisk Project complies with the "CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines" of November 29, 2019. The Mineral Resources were estimated in accordance with the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions (2014), and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.

3. These mineral resources are not mineral reserves since their economic viability has not been demonstrated.

4. The resources are presented before dilution and in-situ and are considered to have reasonable prospects of economic extraction. Isolated and discontinuous blocks with a grade greater than the selected cut-off grade are excluded from the estimate of underground mineral resources. The blocks that must be included, i.e., isolated blocks with a grade below the cut-off grade located within potentially mineable volumes, have been included in the mineral resource estimate.

5. As of May 17, 2022, the database included a total of 66 drill holes (59 historic and 7 recent 2021 drill holes) totaling 15,266.3 meters of drilling.

6. A value of half of the assay lab detection limit for each element was used as a grade for the un-assayed core.

7. The assays were grouped within the mineralized domains in composites of 1.00 meters in length.

8. The block model was prepared using Leapfrog® Geo and Edge software. The block model consists of 2-meter parent blocks and sub-blocks of 1 meter. The block model has a dip azimuth of 340°.

9. An interpolation according to the "inverse distance squared" ("ID2") method was performed to estimate the grades in the interpreted mineralized volume.

10. An interpolation according to the "inverse distance squared" ("ID2") method was performed to estimate the Density (SG) in the interpreted mineralized volume. Sample intervals with missing SG values were calculated based on a strong correlation with %Ni. The calculation used was SG = (0.7001 x %Ni) + 2.6751.

11. The "Open Pit" mineral resources are presented at a cut-off grade of 0.33 %NiEq and are confined within a "Whittle" pit shell. The "Underground" mineral resources are presented at a cut-off grade of 0.91 %NiEq and are confined within volumes defined using "DSO" (Deswik Stope Shape Optimizer). These volumes correspond to groups of contiguous blocks with a reasonable size to be exploited by underground mining methods.

12. The engineering work required for the cut-off grade estimation and the creation of the DSO volumes were performed by InnovExplo Inc., and the following economic parameters were used: US $8.00/lb Nickel, $3.00/lb Cu, $25.00/lb Cobalt, $1000/Oz Platinum, $1000/Oz Palladium, $1300/Oz Gold, and $17.00/Oz Silver; Exchange rate of USD/CAD 1.30, metallurgical recovery of 85%, total processing cost CA $40.00/t, mining cost CA $6.00/t, mining overburden cost CA $4.20/t, underground mining cost CA $110.00/t, G&A cost CA $12.20/t, northern logistics costs CA $10.00/t. It should be noted that the G&A cost could be underestimated depending on the extraction sequence chosen.

13. The independent qualified person is not aware of any environmental, licensing, legal, title-related, tax, socio-political or marketing-related issue, or any other relevant issue that could have a material impact on the estimate of mineral resources.

14. The numbers of tonnes are rounded to the nearest hundred to reflect uncertainties, which may cause slight differences.

Figure 4 shows the grade of the Nickel Equivalent (%NiEq) mineral resources and Figure 5 shows the mineral resource classification (indicated and inferred). Note that portions of the deposit still contain unclassified mineral potential and requires more in-fill drilling to potentially include this in a future updated MRE.

Figure 4 - Isometric view of the 2022 Nisk Project Mineral Resource Estimate, showing both the open pit constrained resources (using a cut-off grade of 0.33 %NiEq) and the underground constrained resources (at a cut-off grade of 0.91 %NiEq).

Figure 5 - Isometric view of the 2022 Nisk Project Mineral Resource Classification, showing both the open pit constrained resources (using a cut-off grade of 0.33 %NiEq) and the underground constrained resources (at a cut-off grade of 0.91 %NiEq).

Figure 6 below shows the drill targets for phase 2 of the drilling at Nisk.

As a follow-up to the filing of the Technical Report, 3DGeo Solution (3DGS) was mandated to design a drilling program aiming at infilling gaps within the defined resource area and to expand the known mineralization along identified higher-grade shoots.

This second round of drilling, consisting of approximately 5,500 meters of drilling, aims at reaching over 15 of these different targets. GeoVector Management Inc is mandated as the operator of the current drilling program.

"We are very excited to get back to drilling and building on our resource at Nisk. The initial round of drilling was done largely to verify the historic resource and allow us to post the inaugural NI 43-101 Technical Report and MRE. This round, based on what we've learned from the MRE study, will enable us to better explore and we hope to expand the resource as we look to demonstrate Nisk has the potential to become Canada's next Nickel Mine. The plan is to drill around 5,000 Metres but will adjust that to opportunities on the ground. We would expect the drilling program to continue into December and we will provide updates as progress dictates." commented Terry Lynch CEO of Power Nickel

Kenneth Williamson, P.Geo., M.Sc. and Matthew DeGasperis, P.Geo., B.Sc., from 3DGeo Solution Inc and consultants to Power Nickel, are the independent qualified persons who have reviewed and approved the technical disclosure contained in this news release.

Power Nickel is a Canadian junior exploration company focusing on high-potential copper, gold, and battery metal prospects in Canada and Chile.

On February 1, 2021 Power Nickel completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corp. (CRE:TSXV)

The NISK property comprises a large land position (20 kilometres of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding its current high-grade nickel-copper PGE mineralization Ni 43-101 resource with a series of drill programs designed to test the initial Nisk discovery zone and to explore the land package for adjacent potential Nickel deposits.

Power Nickel announced on June 8th, 2021 that an agreement has been made to complete the 100% acquisition of its Golden Ivan project in the heart of the Golden Triangle. The Golden Triangle has reported mineral resources (past production and current resources) in a total of 67 million ounces of gold, 569 million ounces of silver, and 27 billion pounds of copper. This property hosts two known mineral showings (gold ore and magee), and a portion of the past-producing Silverado mine, which was reportedly exploited between 1921 and 1939. These mineral showings are described to be Polymetallic veins that contain quantities of silver, lead, zinc, plus/minus gold, and plus/minus copper.

Power Nickel is also the 100-per-cent owner of five properties comprising over 50,000 acres strategically located in the prolific iron-oxide-copper-gold belt of northern Chile. It also owns a 3-per-cent NSR royalty interest on any future production from the Copaquire copper-molybdenum deposit, that was sold to a subsidiary of Teck Resources Inc. Under the terms of the sale agreement, Teck has the right to acquire one-third of the 3-per-cent NSR for $ 3 million at any time. The Copaquire property borders Teck's producing Quebrada Blanca copper mine in Chile's first region.

Mr. Terry Lynch, CEO 647-448-8044 terry@powernickel.com

For further information, readers are encouraged to contact:

Power Nickel Inc. The Canadian Venture Building 82 Richmond St East, Suite 202 Toronto, ON

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 release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicates", "opportunity", "possible" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its planned activities at the NISK Property and for general working capital purposes; the timing and costs of future activities on the Company's properties; maintaining its mineral tenures and concessions in good standing; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to the Company's plans and business objectives for the projects; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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Three New Low to High Sulphidation Projects

Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTQB: FOMNF) ( Frankfurt : 2OA) has added three new exploration projects to its portfolio of gold prospects in Peru following a 4 month regional geological reconnaissance program to follow-up on recently awarded concessions that were staked through a remote sensing targeting program.

Patrick Elliott , President and CEO of Forte Minerals comments "This is especially exciting for the Company as the remote sensing targeting program has proven to be consistently effective based on surface follow up results. Our systematic approach to regional exploration and new project generation is working and the Company is thrilled to have expanded the portfolio of prospects through this process. "

Pursuant to our press release on April 20 th , 2022 , an extensive regional mapping and sampling exploration program was launched and successfully executed to follow-up on 10 satellite targets in the district surrounding the Pucarini epithermal gold project. In late 2020, the Company staked 18 regional claims surrounding Pucarini, comprising 16,100 hectares. The area selection was guided by knowledge gained at Pucarini to search for expressions of similar hydrothermal alteration signatures recognized in ASTER satellite imagery as part of the Company's regional generative exploration program. Following the successful surface exploration programs at Pucarini that identified anomalous gold on surface, priority was placed on controlling additional prospective ground in the district. This involved initiating a regional exploration program with based on field sampling that included collection of 287 rock samples and 44 soil samples for multi-element analysis by ALS-Peru using their ME-ICP41 and Au-AA23 methods. Alteration and geological mapping were also completed on 20 claims that includes two more claims staked in July 2022 comprising a total of 18,100 hectares. Based on the exploration results, a total of six concessions covering 5,500 hectares over 3 separate prospects with favorable field geology, alteration and geochemistry of intermediate to high sulphidation epithermal gold systems were kept for future exploration work. Fourteen concessions were dropped due to low exploration potential.

Results from the regional exploration follow-up work undertaken by Forte geologists from April-September, 2022 revealed several hydrothermal alteration zones and returned anomalous gold on several concessions. A total of 3 remote sensing targets were given priority.  One of these properties, named Pucarini North is immediately northwest and adjacent to Pucarini. The alteration zone at Pucarini North is extensive, pervasive and especially interesting as several rock chip samples returned anomalous gold. Additional geological and structural mapping combined with sampling (soils and rock geochemistry) is currently underway to understand the extent of mineralization and the relationship with Pucarini.

As a result of the regional follow-up sampling and mapping program, the geological team recommended retention of six concessions totalling 5,500 hectares, which have been ranked in order of interest. The six concessions are parcelled into three separate prospects: NWC, GRP014, and Pucarini North.  All three prospects will require further investigation by geological mapping and sampling, and potentially geophysical work to better understand the extent of alteration and mineralization.

Demonstrating the remote sensing targets identified in the generative stage represent zones of alteration and mineralization confirmed by ground follow-up is especially encouraging to the Company.  This has allowed expansion of the portfolio of prospects in the region and adds confidence that the exploration process adopted by the Company is effective.

Qualified Person and NI 43-101 Disclosure

Paul Johnston , P.Geo., is the Company's Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.

On behalf of Forte Minerals CORP. (signed) " Patrick Elliott " Chief Executive Officer

Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces that in August 2022 the legacy site clean-up was successfully accomplished under time and under budget on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

The Muskwa Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. The Bronson Property was the location of the legacy exploration camps and related equipment circ 1971 left behind. See Figure 2 below.

Peter Hawley, President, CEO reports; "We commend Tom Fulton, Chair, Director of the Northeastern British Columbia Wildlife Fund (NEBCWF) for spearheading the Gataga River Basin clean-up, which took place in August 2022. This project involved the clean-up and removal of 119 abandoned fuel drums (weighing 2,304kg) and 1,896kg of other assorted waste from an area of the Gataga River Basin commonly used by both northern mountain caribou and thin horn stone's sheep.

The project was managed by the NEBCWF in partnership with the Wild Sheep Society of British Columbia, Fabled Copper Corp., North Country Projects Ltd., Shifting Mosaics Consulting, Northern Fire WoRx Corp., Stone and Folding Mountain Outfitters, Qwest Helicopters, the Northern Rockies Regional Municipality and we acknowledge the financial support of the Province of British Columbia.

We acknowledge that this project occurred on lands and in watersheds of importance to Kaska, Fort Nelson First Nation, and Treaty 8 Nations. We are honored to share responsibility for the stewardship of these places and all who inhabit them for our current and next seven generations and beyond."

The NEBCWF was notified of the contaminated sites in 2017 by a FLNRORD employee engaged in a mountain goat survey in the Gataga River basin.

On July 26 2018, a NEBCWF crew travelled to the Gataga sites to inventory what was there, obtain flying distances, and assess airstrip condition in order to develop a cost-estimate for clean-up. This trip was paid for by the NEBCWF. The crew located 119 fuel drums across the three sites as well as a variety of other waste: from the remains of old buildings, to cans and bottles, to appliances. Much of the waste likely originated from the historical Gataga Camp which was abandoned in 1971 (See Photo 2).

NEBCWF volunteers also observed that the area was used extensively by thin horn stone's sheep and northern mountain caribou, which had left many tracks within the basin, and was ideal habitat for grizzly bear and other large carnivores.

Over the next few years, NEBCWF contacted local guide outfitters, the Habitat Conservation Trust Foundation, the Peace-Williston Fish and Wildlife Compensation Program, Ministry of Environment, and the Muskwa-Kechika Advisory Board (M-KAB) to explore cost sharing possibilities for the Gataga clean- up. NEBCWF also connected with other organizations for funding and project support and reached out to Kaska Dena Council, Kwadacha Nation, and Daylu Dena Council to engage them for interest. The NEBCWF received support letters from all three Indigenous Communities as well as the NEBCWF executive, M-KAB, and the Wild Sheep Society of British Columbia. In addition, NEBCWF itself donated to this project and notified local outfitters (when able to get a hold of them) of project timing so as not to interfere with their activities.

In early July 2021 Fabled Copper's crew began to work in the area and were notified about the legacy camps and fuel barrels in the Bronson area. Peter Hawley, President, CEO visited the site in early August 2021 and this is what he had to say, (CLICK HERE).

This led to a meeting with Jim Fulton, NEBCWF President and Peter Hawley while he was a site, see Photo 1. Jim was presented with a complete inventory of all materials left behind at the site by Windermere Exploration in 1971 that was documented. See Photo 2

PHOTO 1 - P. HAWLEY, LEFT; JIM FULTON, RIGHT

PHOTO 2 - LEGACY 1971 INVENTORY LEFT BEHIND

In addition, Fabled Copper pledged its support to clean up the sites by supplying helicopter time for manpower and slinging loads.

The final clean-up began on August 6, 2022, with the involvement of several area businesses and non-profits supporting the NEBCWF.

Though managed by the NEBCWF, this initiative involved several local businesses and non-profits who aided with logistics, labor, equipment, funding, and transportation. The WSSBC obtained and provided $75 000 in funding which was matched and exceeded by the following participants: Fabled Copper Corp., North Country Projects Ltd. (NCPL), Shifting Mosaics Consulting (SMC), Northern Fire WoRx Corp. (NFWRx), Stone and Folding Mountain Outfitters, and Qwest Helicopters (Qwest). The Northern Rockies Regional Municipality (NRRM) also contributed to the clean-up through waiving dump fees for the associated waste.We acknowledge the financial support of the Province of British Columbia.

The legacy Gataga clean-up began on August 6, 2022. To reduce transportation costs, NEBCWF crew camped in the area for three nights while sorting waste from the identified clean-up sites into piles for transport and disposal. Wood waste was burned on site (following the regulations) and metal waste above a certain length was cut into smaller pieces for easier transport. Piles were not more than 2m x 3m at any time. (PRESS HERE for video)

PHOTO 3 - NEBCWF crew cutting pipes for easier transport. Photo: T. Fulton, August 2022.

PHOTO 4 - Sorted waste ready for transport and disposal. Metal waste (R) is netted for helicopter slinging. Photo: T. Fulton, August 2022.

An AStar helicopter forwarded waste piles (PRESS HERE for video) to a central clean-up site where they were packaged and netted in preparation to be long-lined directly to the Mile 113 staging off the Alaska Highway using a larger 205 helicopter.

Crews utilized "super nets", which enabled the helicopter to transport up to 39 fuel drums at once, minimizing the number of trips required with the 205.

At the Mile 113 staging, NCPL, Qwest, SMC and NFWRx staff loaded waste onto trailers and trucked it to the Fort Nelson dump for disposal. See Photo's 5 & 6 for before and after clean up. Photos 7,8,9 of material removed and final crew.

PHOTO 5 - prior to clean-up, showing abandoned fuel drums and other waste piles. Photo: T. Fulton, August 2022.

PHOTO 6 - Project area post-clean-up with previous locations of waste and burn piles visible. Photo: T. Fulton, August 2022.

PHOTO 7 - Fuel drums were loaded onto flat deck trailers at the Mile 113 staging for transport to the Fort Nelson dump. Photo: S. Neudorf, August 2022

PHOTO 8 - Various waste was deposited by hand into the dumpster at the Mile 113 staging Photo: S. Neudorf, August 2022

PHOTO 9 - 2,360kgs of fuel drums were removed from the Gataga River Basin to the Fort Nelson dump. Final handling crew included: SMC, NFWRx, NCPL, and Qwest. Photo: S. Leverkus, August 2022.

The type of contamination and garbage dumping that lead to the waste in the Gataga River basin should no longer be taking place in the region. In addition to wider policy change over time, companies such as project-partner Fabled Copper Corp are working diligently to ensure effective stewardship of the lands they develop. Non-profits such as WSSBC are dedicated to conserving valuable wildlife habitat in Northeast BC and it has been very effective and efficient to work in collaboration with them. As such, after the clean-up of the identified sites, we hope to focus attention in the surrounding basins and watersheds to decrease the risk of this type of pollution occurring in the area again.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O. Fabled Copper Corp. Phone: (819) 316-0919 peter@fabledcopper.org

For further information please contact:

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

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Desalinated Water Agreement Advanced as Part of Pre-Feasibility Planning

 Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") is pleased to report on progress on its Vizcachitas large-scale copper project in Chile. A letter of intent has been signed with Desala Petorca SPA to work on the project option to use desalinated seawater for the project ("Desala"). Desala is a firm dedicated to the development of water desalinization for water consumption and irrigation under a multi-purpose and multi-client scale. Desala is developing plans for a desalinated plant in the coast of Papudo, V Region, with a capacity of approximately 2,050 ltssec. The agreement with Desala advances an important option for the project consistent with sustainable mining for copper which is an essential metal for electrification.

R. Michael Jones, CEO of Los Andes, said: "We continue to advance our Pre-Feasibility Study (PFS) on our world-class copper project with a target date of completion in Q4 2022. Advancing the engineering and project development plans to include the potential for collaboration on desalinated water adds an important sustainable option to the project. We have the opportunity in the Vizcachitas Copper Project to design a mine with sustainability as a core principle. The Desala collaboration when constructed can be a potential positive contributor to local water availability for our region."

In other work on the PFS, the team is finalizing the updated resource model to include the excellent results obtained so far in the 2022 drill program and complete the required iterations of the open pit mine plan. Optimizations of the mill and metallurgical work are underway using dry stack tailings and a high-pressure grinding rolls system to crush the ore for processing. These two features significantly reduce water and energy consumption in the process of taking rocks through to copper concentrate. The addition of the potential for the use of desalinated water makes Vizcachitas an excellent example of a truly modern large-scale mine designed to minimize environmental and social impacts.

Los Andes Copper plans to resume exploration drilling soon with the objective of adding to the scale potential of the project outside the current PFS mine plans.

The Company also is continuing its program of community engagement with a local development projects program and planned weekly meetings across the region.

Los Andes Copper is increasing its interactions in the capital markets and has been gradually growing its following and institutional ownership. Recognition of copper as essential to electrification and the energy transition is increasing and as it does the universe of retail investor and institutional investment interest are both building. Copper is #electricbynature.

About Los Andes Copper Ltd.

Los Andes Copper Ltd. is a development company with a 100% interest in the Vizcachitas Project in Chile. The Company is focused on progressing the Vizcachitas Project, which is located along Chile's most prolific copper belt, into production.

Vizcachitas is a copper-molybdenum porphyry deposit, located 120 km north of Santiago, Chile, in an area of good infrastructure. The National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") compliant report titled "Preliminary Economic Assessment of the Vizcachitas Project" (the "PEA"), dated June 13, 2019, prepared by Tetra Tech, highlights that the Vizcachitas Project has a post-tax NPV (8% discount rate) of approximately USD$1.8 billion and an IRR of 20.77%, based on a USD$3 per pound copper price. The Vizcachitas Project has a Measured Resource of 254.4 million tonnes at a grade of 0.439% copper and an Indicated Resource of approximately 1.03 billion tonnes at a grade of 0.385% copper. The PEA can be found on the Company's SEDAR profile at www.sedar.com.

The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.

Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

Antony Amberg CGeol FGS, the Company's President and CEO, is the qualified person under NI 43-101 who has reviewed and approved the scientific and technical information contained in this news release.

For more information please contact:

R. Michael Jones , P.Eng CEO rmj@losandescopper.com Tel: +44 203 4407982

E-Mail: info@losandescopper.com or visit our website at: www.losandescopper.com Follow us on twitter @LosAndesCopper Follow us on LinkedIn Los Andes Copper Ltd

Certain of the information and statements contained herein that are not historical facts, constitute "forward-looking information" within the meaning of the Securities Act (British Columbia), Securities Act (Ontario) and the Securities Act (Alberta) ("Forward-Looking Information"). Forward-Looking Information is often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend"; statements that an event or result is "due" on or "may", "will", "should", "could", or might" occur or be achieved; and, other similar expressions. More specifically, Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such Forward-Looking Information. Such Forward Looking Information includes, without limitation, the use of proceeds from the issuance of the Convertible Debenture. Such Forward-Looking Information is based upon the Company's assumptions regarding global and Chilean economic, political and market conditions and the price of metals and energy, and the Company's production. Among the factors that have a direct bearing on the Company's future results of operations and financial conditions are changes in project parameters as plans continue to be refined, a change in government policies, competition, currency fluctuations and restrictions and technological changes, among other things. Should one or more of any of the aforementioned risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the Forward-Looking Information. Accordingly, readers are advised not to place undue reliance on Forward-Looking Information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Information, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137807

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Norden Crown Metals Corp. (" Norden Crown " or the " Company ") (TSXV: NOCR) (OTC: NOCRF) ( Frankfurt : 03E) is pleased to announce completion of a 3,499.40 m metre diamond drilling program at its 100% owned Burfjord Copper Project (" Burfjord " or the " Project ") in partnership with Boliden Mineral AB ("Boliden) in northern Norway . The primary objective of the drill program was to evaluate the copper-gold grade and continuity of newly established targets within areas of extensive historical mining and trenching.

Norden Crown intersected previously untested IOCG style copper mineralization, which subsequently became the focus of the drilling program.  Norden Crown is excited to share the assay results in the coming months.

Norden Crown simultaneously completed a 6,800 - sample soil survey, a 3-week geological and structural mapping campaign and borehole electromagnetic geophysical surveys during the exploration program.

Previous drilling by Norden Crown (see News Release dated March 20, 2019) at Burfjord returned compelling results including an intercept of 32 metres averaging 0.56% copper and 0.26 g/t gold (including 3.46 metres of 4.31% copper and 2.22 g/t gold) below a cluster of historical mine workings at the Gamlegruva target area 1,2 . Previous drilling confirmed presence of high grade carbonate-jasper-magnetite-chalcopyrite-bornite veins cutting through pervasively magnetite-albite altered gabbro with broad mineralized zones within carbonate-magnetite-chalcopyrite stockworks and breccias enveloping these high-grade veins, under the historical workings. Historical drilling on the Project (Cedarsgruven) was reported to have returned 7.0 metres averaging 3.6% copper 3 .

Patricio Varas , Chairman and CEO of Norden Crown stated, "The joint Norden-Boliden exploration team has made significant advancements at Burfjord this summer.  The approach was to carry out an integrated exploration program employing an excellent team to carry out diamond drilling, geological mapping, geochemical sampling, and borehole geophysics to build a full, multi-disciplined, picture of the prospectivity around so many of the copper and gold bearing workings.  The programs were optimized using a dynamic exploration workflow with follow-up and new target drill testing resulting from new insights around the multiple targets during this program.  We await with excitement to receive the analysis from a number of core samples that will surely confirm highly indicative copper results, particularly in the Gamlegruva prospect area where typical IOCG mineralization was confirmed.  Plans are already being formulated to carry out a follow-up drill program in the winter and we look forward to using the new data and knowledge gained from the various surveys to confirm and test mineralization of economic importance."

Norden Crown completed 3,499.40 metres of diamond drilling in 18 drill holes  designed to test a combination of geological, geochemical, and geophysical targets identified from 2020 and 2021 field programs (Figure 1).  Drilling commenced on July 4 th and finished on September 4 th , 2022.  All exploration staff and contractors have now demobilized from site and a small road remediation operation is underway.

Most of the drilling this year has focused on the Eastern Limb of the Burfjord anticline (Gamlegruva and A-Gruva target areas) which constitutes a ~5-kilometre-long trend of discontinuously outcropping copper occurrences and historical mine adits that contain copper sulphide mineralization (chalcopyrite and bornite) associated with magnetite-hematite-jasper-bornite-chalcopyrite veins and carbonate-magnetite-chalcopyrite vein stockworks and breccias, hosted in sodic and potassic altered pillow basalts and gabbros (Figure 1).

Holes at Gamlegruva tested a gabbro unit associated with a magnetic feature (Figure 2) and surface copper bearing vein stockworks.  Hole BUR-22-012 intersected several significant magnetite-jasper-hematite-bornite-carbonate-chalcopyrite veins and adjacent zones of carbonate-magnetite-hematite-quartz-chalcopyrite vein stockwork and breccias.

Follow up drill holes (BUR-22-013 and BUR-22-017) were completed to test the down dip and along strike (northward step outs up to 130 metres) continuity of mineralization intersected in BUR-22-12.  These drillholes confirmed the continuity of significant IOGC style copper mineralization within a pervasively magnetite-albite altered gabbro unit.

The magnetic feature associated with newly intersected IOCG mineralization extends southward and continues under the Caledonian nappe complex and northwards along the host gabbro unit (Figures 1 and 2).  Additional drilling is required to test this target at depth.

The first batch of samples from the program is currently being assayed with results expected in the coming weeks.  The final batch of samples is now at the assay laboratory and Norden Crown looks forward to sharing the results of this drill program in the coming months.  Planning is already underway to continue building on the newly discovered copper mineralization at Gamlegruva.

A total of 3 weeks of geological mapping has been completed at Burfjord in 2022. Mapping focused on tracing the surface expression of the copper mineralized vein trend intersected in BUR-22-012 and follow up drillholes (Figure 1).

Several discontinuously outcropping magnetite-hematite-jasper-chalcopyrite-bornite and carbonate-magnetite-chalcopyrite-quartz veins (up to 1.5m wide) with halos of ankerite-jasper-magnetite-chalcopyrite stockwork were identified along a trend which

extends the zone along strike for at least 450 meters north of the newly identified mineralized trend at Gamlegruva. This significantly increases Norden's confidence in the target which will be a focus for drilling in Q1 2023.

Furthermore, mapping across the eastern limb has been completed with the aim of collecting structural data on copper-bearing veins.  The information compiled from the geological and structural mapping program is being fed into the GIS database in order to improve the current geological modelling and technical understanding of the target areas and will aid with the planning of exploration programs and drilling envisioned for the 2023 winter.

Geophysical surveys were conducted between July 22 nd and September 7 th on boreholes drilled between 2018 and 2022. Fourteen (14) drillholes were surveyed with downhole electromagnetics, furthermore, fourteen (14) drillholes were also surveyed with an optical televiewer and petrophysical surveys were carried out on 15 drillholes.

Preliminary results from the borehole electromagnetics have identified two significant off-hole conductive features at the Gamlegruva target area.  These results are being evaluated to place these features in a geological context based on previous mapping and drillhole data.

Optical televiewer data has been collected and processed and is currently being interpreted. These data will be used to establish the orientation of copper mineralized veins and to further constrain the 3-dimensional geometry of the target areas.

Petrophysical survey data is being processed which will be used to refine magnetic models at Burfjord to highlight regions of increased mineralized fluid flow.

A total of 6,800 soil samples were collected over the Burfjord licences this summer. Grids were planned with 20-meter sample spacing and line spacing of 100m between east-west lines.

An orientation soil survey consisting of 2,400 samples over an area of 5.1 sq-km was completed between July 1 st and July 15 th over the Kisgangen target area to test the suitability of the exploration method at Burfjord.  Several anomalies were identified over known copper occurrences and the survey was consequently expanded between August 5 th and August 15 th over the northern licence area.  An area of 9.5 sq-km was covered with the collection of an additional 4,400 samples, encompassing the Cedarsgruven and Magnusgruven target areas (see Figure 2), which have seen little to no modern exploration.

Samples are currently being analysed and preliminary results will be used to guide the planning of follow up drilling.  Anomalies will be evaluated and ranked in advance of follow-up drill targeting at the various target zones including Cedarsgruven, where 2021 drilling returned 12 metres averaging 1.27% Cu in hole BUR-21-011 (see News Release dated April 11 th , 2022). Magnusgruven has not yet been drill tested.

The Project, located in the Kåfjord Copper Belt near Alta, Norway , is highly prospective for Iron Oxide Copper Gold (IOCG) and Sediment Hosted Copper mineral deposits which contribute significantly to copper production globally.

Burfjord is comprised of six exploration licenses totalling 5,500 hectares. Within the license area, during the nineteenth century, copper mineralization was mined from over 30 historical mines and prospects developed along the flanks of a prominent 4 x 6-kilometre anticlinal fold consisting of interbedded sedimentary and volcanic rocks. Many of the rocks in the anticline are intensely hydrothermally altered and contain sulphide mineralization.

The high-grade copper gold veins at Burfjord, that were historically mined at cut- off grades of 3-5% copper, are surrounded by envelopes of stockwork veins or disseminations of copper mineralization extending tens to hundreds of metres laterally into the host rocks. Norden Crown believes this mineralization has economic potential and represents an attractive bulk tonnage exploration drilling target. Copper bearing veins in the area are dominated by ferroan carbonate, sodium-rich minerals, and iron-oxide minerals (magnetite and hematite), but also contain the economically important minerals chalcopyrite, bornite and chalcocite in addition to cobalt-rich pyrite as generally coarse-grained (often 0.5 centimetre to multi-centimetre scale) disseminations in the veins.

Norden Crown entered into an option agreement (the "Agreement") with Boliden in respect to Burfjord (see June 10, 2020 News Release).  In order to earn its 51% interest in the Project, Boliden must fund 100% of the exploration programs by spending US$6 Million over the next four years.  Work on the exploration programs is directed by a joint Norden Crown-Boliden Technical committee.

Norden Crown is a mineral exploration company focused on the discovery of Zinc, Copper, Silver, Gold, Cobalt and Nickel deposits in exceptional, historical mining project areas spanning Sweden and Norway . The Company aims to discover new economic mineral deposits in known mining districts that have seen little or no modern exploration. The Company is led by an experienced management team and technical team, with successful track records in mineral discovery, mining development and financing.

1.         Intercept reported as seen in drill core. The true width is estimated at 85-100% of the reported interval.

2.         See Norden Crown's April 11, 2022, News Release for discussion of analytical methods, QA/QC and core handling protocols.

3.         Source: NGU Deposit Factsheet, Deposit Area 1943-010, 1997. Norden Crown's property reviews have confirmed the geologic occurrence of mineralization on the Project and considers the historic exploration data to be relevant as reported in public disclosures and government reports.

Daniel MacNeil , P.Geo, a Qualified Person as defined by National Instrument 43-101, has read and approved all technical and scientific information related to Burfjord contained in   this news release.  Mr. MacNeil is Vice President Exploration for Norden.

Patricio Varas , Chairman and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements that may be deemed "forward‐looking statements". Forward‐looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements may include, without limitation, statements relating to future outlook and anticipated events, such as the successful completion of the exploration program (consisting of diamond drilling, mapping, prospecting, outcrop sampling, airborne magnetic and ground electromagnetic geophysical surveys) and Norden Crown's belief in the economic potential and attractiveness of Burfjord as a bulk tonnage target as discussed herein, the dates the various segments of the exploration program will commence, the duration of various segments of the exploration program, the anticipated timing of the results of the exploration programs described herein and the planned uses of the resulting data. Although Norden Crown believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the ability of the various contracted entities to complete their duties within the time expected by the Company; inclement weather conditions that may impede, delay or stop all or part of the exploration program; the effects of the Covid-19 pandemic or other pandemics or epidemics; mechanical breakdowns of equipment used in the exploration programs, changes in economic conditions or financial markets; the ability of Norden Crown to obtain the necessary consents required to explore, drill and develop the projects and, if obtained, to obtain such consents in a timely fashion relative to Norden Crown plans and business objectives for the projects; the general ability of Norden Crown to drill test its projects and find mineral resources; if any mineral resources are discovered or acquired, the Company's ability to monetize any such mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of Norden Crown management on the date the statements are made. Except as required by law, Norden Crown undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE Norden Crown Metals Corp.

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