1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") announces that it has acquired the final four (4) claims required to complete its land position on it Native Copper Project on the Gaspe Peninsula of eastern Quebec. This addition now brings the total land position to 299 claims covering over 98 square kilometres and includes seven (9) known copper showings and high-grade drilling, trenching and grab sample assays for both coppers.

(Map of Native Copper Project complete with showings and LIDAR background)

Mr. Bernard-Olivier Martel, Director of Exploration at 1844, states "we are exceptionally pleased with this addition as it closes off our land position and adds the remaining two (2) known showing in the Native Copper Project area. The high-grade samples taken to date on the limited exploration done in the area are highly prospective and strengthens our thesis that the Native Copper Project could become a copper exploration camp in the Gaspe Peninsula." Historic work results on these newly acquired claims are as follows:

* The GM report does not include any certificates of analysis or summary tables of results. These exposed values are selected from longitudinal section available in the report.

Under the terms of the purchase agreement (the "Agreement"), the Vendor, an arms-length party, will receive $5,000 and 500,000 common shares and a 2% net smelter returns royalty, 1% of which may be retired for a one-time payment of $750,000.

After detailed analysis 1844 has decided to postpone its previously announced drill program on the Vortex Project due to the proximity of a habitat of a vulnerable or threatened wildlife species (Forest Caribou, Gaspésie population). 1844's technical team has now shifted its exploration plans firmly to the Native Copper Project.

About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and underexplored regions "Gaspé, Chibougamau Québec". With a dedicated management team, the Company's goal is to create shareholder value through the discovery of new deposits.

Bernard-Olivier Martel, P. Geo, the Company's Director of Exploration, is a qualified person (as such term is defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects) and has reviewed and approved the technical disclosure contained in this news release.

(signed) "Sylvain Laberge"

Sylvain Laberge President and CEO 514.702.9841 slaberge@1844resourcesr.com

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations 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/128335

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The Gaspe Peninsula in southeastern Quebec covers approximately 11,390 square miles of thick forest and free-flowing rivers and lakes. Despite its humble appearance, this region stands as one of the definitive districts for geological and mineral exploration in Canada, a reputation in the midst of making a strong comeback.

In 1844, Sir William Logan, founder and first director of the Geological Survey of Canada mapped the majestic Gaspe Peninsula, unknowing the exceptional copper mining opportunities the region would later present. After decades of under exploration, Gaspe presents investors and active copper and polymetallic companies the opportunity for exciting discovery and economic success.

1844 Resources Inc. (TSXV:EFF) is an exploration company with a focus on grossly underexplored regions of Gaspé and Chibougamau in Québec. The company’s robust project portfolio includes the Vortex, Native Copper, Davidson and Lac Arsenault projects.

1844 Resources’ strategic positioning in the Gaspe Peninsula allows it to leverage its rich past-producing mining history. The prolific Gaspe Copper Mine, a subsidiary of Noranda Mines Limited in Murdochville, produced approximately 141 million tons at 0.85 percent copper from 1954 to 1999. 1844 Resources could likely see similar margins with exploration and project development today.

The company’s other region of operation in Chibougamau presents exceptional exploration upside potential with its established roadways, railroad transportation access and widespread gold and copper mineralization discovered in the early 1950s. Both Chibougamau and Gaspe are primed for extensive revitalization and exciting first-mover exploration opportunities.

After finalising a purchase agreement to acquire 100 percent undivided interest of nine claims in the Chibougamau region in 2020, 1844 Resources began its initial exploration and prospecting work program on the Davidson Project.

1844 Resources’ secondary asset is the Native Copper project in the Municipality of Chandler, which is comprised of 156 claims. The project is part of the Mont Alexandre syncline, associated with an important metallotect volcanic horizon part of the Lake McKay Member, which lies within the greenstone belt present in the Gaspe Peninsula.

1844 Resources’ management team consists of world-class experts in the mining sector. The team combines over 100 years of experience in copper resources, finance and geological exploration. These attributes prime the company for outstanding economic success and mineral yield potential in the growing copper market.

The Vortex project is a copper, molybdenum and gold project, which adjoins the Glencore and Soquem property, situated at Sullipek East and 25 kilometers west of Murdochville. The project has seen extensive exploratory and developmental work since 2000, which significantly benefits 1844 Resources’ future plans for the project.

Between 2009 and 2011, the Vortex had over 4,700 meters of combined drilling, geophysics and soil surveys and an exciting discovery of 0.94 percent copper at 29 meters in 2012. Strategically positioned near the Glencore and Soquem portion of the property, estimated resources hover between 2,240,000 tons at 1.09 percent copper and 5,500,000 tons at 0.88 percent copper.

The next steps for Vortex include a 7,000-meter drill program planned for 2021. 1844 Resources remains excited for the future of this project and could see similar mineralization and discovery success as past projects from the prolific Gaspe Copper mine.

The Native Copper project is an exceptional greenfield copper exploration opportunity situated within the Gaspe greenstone belt, west of Chandler, Quebec. The property comprises 156 claims divided into four sectors: Native Copper South, North-west, North-East and Central. 1844 Resources has 100 percent undivided interest in the entirety of these claims.

This strategically positioned asset spans 28 kilometers in length on a horizon that is known to generate multiple mineralized copper zones and has already shown nine indicators in the area. To date, the project has seen extensive prospecting, trenching and drilling, which has revealed copper grades upwards of 5.38 percent.

The company intends to conduct an exciting Airborne geophysics program in mid-2021.

The Davidson project comprises 33 claims situated within the historic Chibougamau mining district. The asset is strategically located directly south of the past-producing Icon Mine. 1884 Resources has a 50/50 joint venture with J.A. MacLeod Exploration Reg’d for Davidson.

The project has produced over 1,616,567 tons of copper at grades of 3.07 percent copper across several known sources on the property. Davidson displays exceptional exploration upside with its close proximity to Route 167 North East of Chibougamau and several prospective copper showings, including Clero, Blondeau and Bouzan-Cuivre targets.

The company remains excited to continue exploring this highly prospective project.

The Lac Arsenault gold project consists of 75 mining claims equivalent to 3,918 hectares in the southern part of the Gaspé Peninsula and situated North-West of Port-Daniel and North-East of Bonaventure. 1844 Resources has 100 percent undivided interest in the entirety of these claims.

The project sits along the Grand Pabos Fault, which is known for high-grade gold, silver, copper and lead showings North of the Riviere Garin Fault. Between 2005 and 2006, Lac Arsenault saw preliminary prospecting and drilling on the property, but end results were not made available in any government report. In March 2021, the company also announced the commencement of a 2,000-meter diamond drilling program for the project.

After obtaining a degree in Hotel management Sylvain Laberge entered into a sales career in a different sector. He became part of a new company founded in 1999, Renmark Financial Communication, an enterprise specializing in Investor Relations, where he became VP and developed an interest in emerging companies and especially mining exploration. Laberge has been managing Gespeg since 2013 and also managed other junior companies during that period. He is presently a director of Omineca Mining.

A graduate of the University of Calgary (BComm), Andrew Davidson is a Chartered Accountant with Certification in both Saskatchewan and Alberta. Davidson’s extensive experience in junior natural resource finance and international financial reporting standards has been gained through years of experience in the Canadian junior resource markets and in public practice accounting in both the Alberta and Saskatchewan markets, focusing specifically on assurance for publicly listed enterprises. He is also involved as an officer or director in several other junior resource exploration and production.

Bernard-Olivier Martel graduated from the University of Quebec in Montreal in 1999. He is a member of the Geologist Order of Quebec and acts as a qualified person under the National Instrument 43-101. His experience includes government services, engineering and geological and mineral exploration. Before and after graduation, he worked on various mapping projects for the Quebec Department of Natural Resources. Since 2004,

Martel has worked exclusively for the mining industry as a consulting geologist for various exploration companies in Quebec and Ontario. In addition to his duties as technical director of geology for Gespeg Copper Resources, Martel acts as a geologist responsible for the exploration work for Explo-Logik Inc., a mineral exploration services company. projects in recent years: Nouveau-Monde Graphite, Maple Gold Mines, Laurion Mineral Exploration Inc. Tarkus Resources, Fancamp Exploration Ltd., Jourdan Resources and many others.

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") reports that on May 17, 2022, the Quebec Ministry of Forests, Fauna and Parks (the "MFFP") issued a letter to the Company (the "Letter"), announcing the MFFP's intention to deny the Company's application for an intervention permit relating to the development of eight exploratory drilling sites at the Company's Vortex property. The Company has decided not to pursue any work programs at the Vortex property for at least the next 12 months while the Company considers the Letter.

About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and underexplored regions "Gaspé, Chibougamau Québec". With a dedicated management team, the Company's goal is to create shareholder value through the discovery of new deposits.

(signed) "Sylvain Laberge"

Sylvain Laberge President and CEO 514.702.9841 Slaberge@1844 Resources.com

This press release contains statements which, other than statements of historical fact constitute "forward-looking statements" within the meaning of applicable securities laws, including statements with respect to: results of exploration activities, mineral resources. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. This press release contains forward-looking information in a number of places, such as in statements relating to the ability to obtain the necessary regulatory approvals or the Company's plans or prospects. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of the mining industry, as well as those risk factors discussed or referred to in the Company's annual information form for the year ended April 30, 2021, available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.

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

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128981

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CMX Gold & Silver Corp. ("CMX" or the "Company") (Canadian Securities Exchange: CXC) (CNSX:CXC.CN) is pleased to announce that it has completed the first tranche of the non-brokered private placement (the "Offering") described in its news release of June 1, 2022. The Company issued an aggregate of 2,860,000 units (the "Units") at a price of CDN$0.09 per Unit for gross proceeds of CDN$257,400. Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant, a "Warrant").  Each whole Warrant is exercisable to acquire one Share at an exercise price of CDN$0.18 per Share until July 14, 2024 which is 24 months from the date of issuance.

Insiders of the Company acquired an aggregate of 710,000 Units in the Offering, which participation constituted a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101").  Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units acquired by the insiders, nor the consideration for the Units paid by such insiders, exceed 25% of the Company's market capitalization.  As required by MI 61-101, the Company advises that it expects to file a material change report relating to the Offering less than 21 days before completion of the Offering, which is necessary to complete the Offering in an expeditious manner and is reasonable in the circumstances.

The proceeds of the Offering will be used for work programs on CMX's Clayton Silver Project in Idaho, USA, including planning and site preparation for future drilling programs and for general working capital purposes.

The securities issued under the Offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.

CMX's 100%-owned Clayton Silver Property is located in the mining-friendly State of Idaho, USA. The property comprises approximately 684 acres in Custer County in south-central Idaho, including the former Clayton silver-lead-zinc mine.  The Clayton Mine was developed on eight levels to a depth of 1,100 feet below surface and is comprised of approximately 19,690 feet of underground development.  Two major ore bodies were partially mined: the "South Ore Body" and the "North Ore Body".

The recorded production from the Clayton Mine included 7,031,110 oz silver, 86,771,527 lbs lead, 28,172,211 lbs zinc, 1,664,177 lbs copper, and minor amounts of gold from an estimated 2,145,652 tonnes of ore mined between 1934 and 1985.  Significant potential is demonstrated in hole 1501-A, drilled in the mid-1960's, which penetrated the mineralized zone at 1,425 feet.  At that depth, the hole intercepted 22 feet of 4.07 oz Ag/t, 5.75% lead and 5.37% zinc (note: true width is unknown).

The Company has signed an agreement with Sulphide Remediation Inc. ("SRI"), a firm specializing in mineral processing (see May 31, 2022 news release).  SRI utilizes precision ore sorting technology to high-grade mine stockpiles of unprocessed rock to enhance the grade of material delivered to a toll mill.  The results of testing the ore sorting process on the stockpile material should position CMX to generate cash flow in 2023.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

For further information contact: Robert d'Artois, Investor Relations at (604) 329-0845 bobdartois@cmxgoldandsilver.com or Jan M. Alston, President & C.E.O. at (403) 457-2697 janalston@cmxgoldandsilver.com .

You can also visit the Company's Website: www.cmxgoldandsilver.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary Statement Regarding Forward-Looking Information

Certain information contained in this news release constitutes "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information"). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of the Offering, the use of proceeds of the Offering and any statements regarding the Company's business plans, expectations and objectives. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking information. Forward­ looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information is based on information available at the time and/or the Company management's good­ faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Management's Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedar.com under the Company's profile and on the Company's website, https://cmxgoldandsilver.com/home. The forward-looking information set forth herein reflects the Company's expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Copyright (c) 2022 TheNewswire - All rights reserved.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL); (FSE:XZ7) announces additional results of 2021 surface field work 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. See Figure 2 below.

Peter Hawley, President, CEO reports; " The Bronson property comprises 4 mineral tenures covering approximately 2,524.6 hectares and the Book 9, 10 copper occurrence is now thought to be the potential southern extension of the Book 6 occurrence which would give the vein a total length of 1.6 kilometers. See Figure 3 below.

Figure 3 - Bronson Property, Book 9,10 Location

A total of 56 person days were spent on the property with 199 rock samples taken on 7 areas prospects which are the; Book 6, Book 9, Book 10, 428 Central, 428 South, PJ105 and PJ100. See Figure 4 below.

Figure 4 - Bronson Property, Area of 2021 Prospecting

The Book 9-10 Occurrence is located due south of the Book 6 Occurrence. Numerous examples of mineralized quartz-carbonate float,representing the northern part of the occurrence, were discovered on the western slope of the valley, 400 meters south of the southern exposure of the Book 6 Occurrence. See Photo 1 below.

Photo 1- Bronson Property Book 9-10 Veins

On July 18, 2021 22 float samples (D-723145- 149 & 151-167) were collected at ~5 meters intervals along 2 southeast trending lines, 30 meters apart, at elevations of 1,730-1,748 meters. See Table 1 and Photo 2 below.

Photo 2- Bronson Property Book 9-10 Veins

Three samples, D-723458, 161 & 167, with 3-30% chalcopyrite, that were collected on the north-eastern line, assayed greater than 1%copper (D-723167-9.78%, 161-2.14% & 158-1.13%). See Table 1 and Photo's 3, 4 below.

Photo 3- Bronson Property Book 9-10 Veins, Sample D-723167 - 9.78% Copper

Photo 4- Bronson Property Book 9-10 Veins, Sample D-723161 - 2.14% Copper

The other 19 samples had concentrations of 0-3% chalcopyrite and contained less than 1% copper, see table 1 below.

Table 1 - Bronson Property, Book 9 - 10 Occurrences

All samples taken were photographic and GPS location taken plus a metal sample tag left in place for future reference if required. All this data plus the assay results were geotagged and placed in a .kml /.kmz file for use such as google earth for easy reference. See Photo 5 below.

Photo 5 - Bronson Property, Book 9, 10 Geotagged data, Sample D-723167 - 9.78% Copper

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

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: info@fabledcopper.org

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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Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ('Copper Fox' or the 'Company'), through its wholly owned subsidiary Desert Fox Copper Inc., are pleased to provide 2022 plans to advance its 100% owned Van Dyke copper project located in the Globe-Miami Mining District, Arizona.

The Van Dyke project is an in-situ copper recovery ('ISCR') project, located in a Tier 1 mining jurisdiction surrounded by existing infrastructure. In early 2021, a Preliminary Economic Assessment, prepared in accordance with National Instrument 43-101, (click here for the News Release) suggested that the project should be advanced to the Preliminary Feasibility Stage and has the potential to become a mid-tier copper mine. Highlights of the proposed 2022 program are set out below:

Elmer B. Stewart, President and CEO of Copper Fox stated, "Adopting a staged, multi-purpose approach is a capital effective mechanism to advance the Van Dyke project to the Preliminary Feasibility Stage. The Phase I activities are designed to establish a base on which to advance the project to Phase II which includes additional drilling designed to expand the hydrogeological monitoring system and collection of data related to resource expansion/upgrading and metallurgical and geotechnical aspects of the project. Copper Fox's activities are conducted on a transparent and inclusive basis in line with its ESG policy guidelines."

Archeological, Cultural and Biological Studies: Compliance with State and Federal statutes is a fundamental aspect of project development. To ensure that planned activities are protective of any sites that may have archeological and cultural significance, and to avoid any adverse impacts to plant and animal communities present within the project area, surveys covering these important aspects of project development are underway.

Phase I: The 2022 program is designed to establish new hydrogeological monitoring sites utilizing existing drill holes where possible. The 2022 program will investigate the possibility of rehabilitating these wells as future hydrogeological monitoring sites. If it is determined that these wells can be rehabilitated, then testing of these drill holes to establish a baseline for water levels and quality would follow which would vastly improve the current understanding of the hydrogeological setting for the Project site.

The proposed testing program is expected to establish the range of hydraulic properties of the primary groundwater bearing units and structures, groundwater flow directions (vertical and horizontal hydraulic head distribution), communication of flows between geological units (boundary conditions), as well as hydrogeologic influences from historical and current mining workings located on adjacent properties and on the Project site itself.

The data obtained from Phase I activities (monitoring and testing) would support the development of a conceptual 3D numerical groundwater model and identify areas of uncertainty and guide a second phase of field work to further refine the model for the purpose of supporting potential future regulatory applications.

Existing Monitoring Well Rehabilitation and Surveying: Three inactive monitoring locations (drill holes VD14-2, VD14-3, and VD-14-5) and five inactive wells (drill holes M-5, M-6, OXY-42, OXY-43, and OXY-47A), as well as the existing Van Dyke mine shaft have been selected for surveying using a downhole video camera to document and assess the potential of re-entering and instrumenting these drill holes. Assuming positive results from the downhole video survey:

For drill holes VD14-2, VD14-3, and VD-14-5; the condition of previously installed Vibrating Wire Piezometers(VWP) installations and data loggers will be inspected, and any repairs or maintenance undertaken. The goal will be to put the VWPs back into active operation to support ongoing data collection if possible and quarterly data downloads.

Phase II: Upon completion of the Phase I activities, Phase II will consist of the installation of at least eight new groundwater monitoring well clusters. (each cluster consisting of three drill holes) to establish a broader hydrogeological monitoring system to conduct ongoing data collection that will include water level data, groundwater quality sampling, and pump tests of various durations (i.e., 48 (forty-eight) hours, one week, and one month) at selected locations. The purpose of the test work will be to collect data on the:

The results of the pump testing can be used to improve the understanding of the hydrogeological conceptual model for the Project site, as well as improve the accuracy of the groundwater numerical model.

Refinement of Hydrogeological Conceptual Model: The development of a conceptual hydrogeological model for the Project is in progress and relies on the existing geological model as a starting point. As the Phase I and II field data are collected, the conceptual model forms the basis for the development of a numerical 3D hydrogeological model that will be used as a predictive tool for project. The development of the numerical model will be an ongoing iterative process that will help to decrease regulatory risk and improve both mining and environmental performance. The predictions provided by the model will support Project design, operations, and closure/post-closure planning. The development of an accurate and detailed numerical hydrogeological model is a key requirement that will support the preparation of future permit applications which will be subject to expert technical reviews conducted by federal and state authorities.

Elmer B. Stewart, MSc. P. Geol., President, and CEO of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.

About Copper Fox: Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.

On behalf of the Board of Directors

Elmer B. Stewart President and Chief Executive Officer

Lynn Ball: investor@copperfoxmetals.com (844) 464-2820 or (403) 264-2820

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.

Cautionary Note Regarding Forward-Looking Information This news release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and forward-looking information within the meaning of the Canadian securities laws (collectively, "forward-looking information"). Forward-looking information is identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets," "could," "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements regarding; advancing the Van Dyke project to the Preliminary Feasibility Stage; the project having potential to be a mid-tier copper mine; adoption of a two-phase program being capital effective; Phase I establishing a base to advance to Phase II; rehabilitating existing drill holes.

In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: the geological advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards and the reliability of historical reports. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.

Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: the surveys may not provide the information needed to advance the project; the existing drill holes may not be able to be rehabilitated; Phase I program may not be completed as planned or at all; the cost of Phase I, estimated at US$240,000, may not be sufficient to cover the cost of the activities; Phase II program may not be completed as planned or at all; the financial markets and the overall economy may deteriorate; the need to obtain additional financing and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals.

A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130683

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Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") announces that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers, and consultants of the Company, to purchase up to an aggregate of 2,110,000 common shares of the Company. The stock options are exercisable at a price of $0.57 per share and will expire five years from the date of grant.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

The Company reiterates that its near-term strategy to advance its assets is not impacted by the COVID-19 Corona virus. The Company continues to monitor the situation and is in compliance with all government guidelines.

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.

Mr. William Wagener, Chairman & CEO

Getchell Gold Corp. 1-647-249-4798 info@getchellgold.com

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130716

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Tartisan Nickel Corp. (CSE: TN) (OTCQX: TTSRF) (FSE: 8TA) ("Tartisan", or the "Company") is pleased to announce the completion of a positive Preliminary Economic Assessment ("PEA") for the 100% owned Kenbridge Nickel Project. The Kenbridge Nickel Project is in the Kenora Mining District, Northwestern Ontario. Kenbridge has an existing shaft to a depth of 2,042 ft (622 m), with level stations at 150 ft. (45 m) intervals below the shaft collar and two levels developed at 350 ft (107 m) and 500 ft (152 m) below the shaft collar.

The PEA was independently prepared by P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET.

Highlights of the PEA (All currency is $CDN unless stated otherwise)

This PEA is focused solely on mining of the Mineral Resources at the Kenbridge Nickel Project underground mine and provides a solid base case for moving the Kenbridge Project forward. The PEA indicates a 9-year mine plan based on a 1,500 tonne per day underground mining and processing operation. The mine plan assumes the potentially extractable tonnage of Measured, Indicated and Inferred Mineral Resources which assumes overall dilution of 47% (18% internal dilution from stope designs plus 29% external dilution) and a 94% mine recovery factor. Measured and Indicated Mineral Resources represent 3,508,000 tonnes at 0.70% Ni, 0.35% Cu and 0.01% Co (54 Mlb Ni, 27 Mlb Cu). Inferred Mineral Resources represent 1,013,000 tonnes at 1.21% Ni, 0.56% Cu and 0.01% Co (27 Mlb Ni, 13 Mlb Cu). Metal prices are based on long-term industry consensus forecast with nickel representing the primary contribution to revenues. USD metal prices used in the PEA were USD$10/lb Ni, USD$4/lb Cu and USD$26/lb Co. A $USD:$CDN exchange rate of 0.78 is applied. Life of mine ("LOM") processing recovers 200,900 tonnes of nickel concentrate at 15% Ni and 66,900 tonnes of copper concentrate at 24% Cu. This results in 52.6 million lbs of payable Ni and 30.7 million lbs of payable Cu.

LOM revenues from net smelter returns are estimated at $837 million. LOM operating costs are estimated at $292 million. Mining costs are estimated at $38.94 per tonne mined, processing costs are $17.74 per tonne and G&A costs are $7.96 per tonne. Cash operating costs are estimated at US$3.76/lb NiEq and all-in sustaining costs ("AISC") are US$4.99/lb NiEq. LOM capital costs are estimated at $227 million and include pre-production capital costs of $134 million. Pre-tax Net Present Value ("NPV") is estimated at $183 million using a 5% discount rate. Pre-tax Internal Rate of Return ("IRR") is 26%.

Net cash flow of $837 million less operating costs of $292 million less royalties of $22 million less closure costs of $10 million less capital expenditures of $227 million less taxes of $105 million results in an after-tax cash flow of $180 million. After-tax NPV using a 5% discount rate is estimated at $109 million and after-tax IRR is estimated at 20%. Financial highlights are shown in Tables 1 and 2 below.

Mark Appleby, President and CEO of Tartisan, states: "We are extremely pleased with the results of the PEA which is focused solely on the current underground Mineral Resource. There remains excellent potential to increase and upgrade the quality of the near surface mineralization at Kenbridge thereby adding additional years of production or providing the basis for an increase in annual throughput. By adjusting the mining plan to be an underground operation it allows Tartisan to utilize the existing shaft infrastructure thereby accessing higher grades of mineralization early in the proposed mine life. The PEA provides compelling evidence to move towards Feasibility and for the Kenbridge Nickel Project to move into production. The Company has commenced the necessary baseline studies which are essential and necessary in Project Permitting and is upgrading the access road to site with completion anticipated in September 2022. Tartisan continues to develop positive relationships with its surrounding First Nations through its First Nation consulting partner Talon Resources and Community development Inc. Every effort is being made for the Tartisan Kenbridge Project to become a part of the nickel supply chain this decade!"

Table 1: Net Present Value and Internal Rate of Return Calculations

   The previous Mineral Resource Estimate on the Kenbridge Project was disclosed on September 2, 2020, and was based on a combination of pit-constrained and out-of-pit Mineral Resources. There has since been 10 holes drilled in 2021. Updated engineering studies have indicated that potential pit-constrained Mineral Resources are less economic than out-of-pit Mineral Resources. Therefore, the new drill holes have been incorporated into an updated Mineral Resource Estimate based on a potential underground mining operation, as presented in Table 3 below. The effective date of the Mineral Resource is July 6, 2022.

   Note: Ni =Nickel Cu = Copper, Co = Cobalt, NSR = Net Smelter Return.

1. Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. 2. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. 3. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration. 4. The Mineral Resources were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council. 5. The Mineral Resource Estimate is based on US$ metal prices of $8.25/lb Ni, $4.00/lb Cu, $26/lb Co. The US$:CDN$ exchange rate used was 0.76. 6. The NSR estimate uses flotation recoveries of 75% for Ni, 77% for Cu, 40% for Co and smelter payables of 92% for Ni, 96% for Cu, 50% for Co. 7. Mineral Resources were determined to be potentially extractable with the longhole mining method based on an underground mining cost of $77/t mined, processing of $19/t and G&A costs of $4/t.

Cautionary Statement - The reader is advised that the PEA summarized in this news release is intended to provide only an initial, high-level review of the project potential and design options. The PEA mine plan and economic model include numerous assumptions and the use of Inferred Mineral Resources. Inferred Mineral Resources are considered to be too speculative to be used in an economic analysis except as allowed by NI 43-101 in PEA studies. There is no guarantee the project economics described herein will be achieved.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company whose flagship asset is the Kenbridge Nickel-Copper Project located in the Kenora Mining District, Northwestern Ontario. Tartisan also owns; the Sill Lake Silver Property in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN) (OTCQX: TTSRF) (FSE: 8TA). Currently, there are 108,922,503 shares outstanding (120,218,018 fully diluted).

Dean MacEachern, P.Geo. and Eugene Puritch, P.Eng, FEC, CET are the respective Company and independent Qualified Persons under NI 43-101 and have read and approved the technical content of this News Release.

The Company will file the PEA on SEDAR at www.sedar.com in accordance with NI 43-101 within 45 days of this news release.

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company's website at www.tartisannickel.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130620

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Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) ("Victory" or the "Company") is pleased to announce that the Company's has begun its first work program on its recently acquired Georgia Lake Lithium Project in the Thunder Bay Mining District, Ontario

"We are excited to begin our first work program at our fully owned Georgia Lake property, which is based in the proven Lithium region within the Thunder Bay District," said Mr. Mark Ireton, Victory Resources President and CEO. "Victory's Georgia Lake property is ideally situated in a proven lithium region, and one with mining infrastructure supported by the Government of Ontario and from Rock Tech, which will allow us to realize the full potential of any commercially viable deposits within the project."

As it relates to Victory's press release on 5 July 2022, Terms of the Agreement for the 100% acquisition of the Company's Stingray II property are $10,000 in cash and 2.5 million common shares payable on Regulatory and Exchange approval.

The technical information contained in this news release has been reviewed and approved by Bob Marvin (PGeo), who is a Qualified Person as defined under National Instrument 43-101.

For further information, please contact:

Mark Ireton, President Telephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653) E-mail: IR@victoryresourcescorp.com

Victory Resources Corporation (CSE: VR) is a publicly traded diversified investment corporation with mineral interests in North America. The Company is also actively seeking other exploration opportunities.

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

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "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. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

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