Anteros Announces Application to JEA Program for Havens Steady Critical Mineral VMS Property, Newfoundland

Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce that it has submitted a formal application under the 2025 Junior Exploration Assistance ("JEA") program for its 100%-owned Havens Steady Critical Mineral VMS Property ("Havens Steady or the "Property") in south-central Newfoundland (Figure 1). The Company's application seeks participation in both the Critical Mineral Assistance ("CMA") and Provincial Critical Mineral Assistance ("PCMA") funding streams, which provide enhanced rebates for critical mineral exploration activities in the province.

By leveraging these funding streams, Anteros aims to expand the known mineralization at Havens Steady and work toward defining a new critical mineral deposit for Newfoundland and Labrador.

JEA APPLICATION HIGHLIGHTS

Havens Steady hosts a polymetallic Volcanogenic Massive Sulphide ("VMS") system with significant occurrences of zinc, copper, silver, lead, and gold, qualifying the project for both CMA and PCMA components of the JEA Program.

Anteros has proposed a diamond drilling campaign comprising four (4) holes of 500 metres each for a total of 2,000 metres. Drilling is designed to step out from existing mineralized zones defined by more than 8,000 metres of historical drilling and intercepts of polymetallic, Kuroko-style VMS mineralization.

The Company has secured all necessary drilling and exploration approvals from the Mineral Lands Division of Newfoundland and Labrador. Located close to hydroelectric power and a skilled regional workforce, the Property benefits from excellent infrastructure and year-round road access in a mining-friendly jurisdiction.

The 1,000-metre known strike length is hosted in an altered felsic volcanic sequence, analogous to other large VMS deposits in the Buchans-Victoria Lake area. Historical work has identified multiple untested geophysical anomalies and strong precious-metal (gold-silver) and base-metal (zinc-lead-copper) intercepts. The Company intends to further evaluate these high-priority targets to bolster the province's growing inventory of critical minerals.

Figure 1: Havens Steady Property location (1:350,000 scale)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9885/241318_949aed4d9488e95b_002full.jpg

EXPLORATION STRATEGY

Since acquiring the Property in January 2024, Anteros has performed comprehensive digital compilation of historic data, confirming multiple conductive anomalies derived from past airborne electromagnetic surveys and highlighting several zones of high-grade sphalerite, galena, bornite, and chalcopyrite mineralization. Building on these findings and a newly established 3D modeling effort that refines the positions of various mineralized horizons, the Company is undertaking a Phase One exploration program with a CAD $300,000 budget. This initial phase, scheduled to begin in early summer of 2025, will focus on four diamond drill holes designed to extend mineralization along the Property's known 1,000-metre strike. Drilling targets will be selected using historical drill data, a recently digitized geophysical survey, and detailed structural interpretations of the VMS system, with the aim of delineating higher-grade shoots enriched with copper and gold. Drilling results are expected to inform a future NI 43-101-compliant mineral resource estimate.

PROPERTY HIGHLIGHTS

100%-owned by Anteros Metals
Road accessible and situated in a region renowned for rich, Kuroko-type VMS deposits
Proximal to the past-producing Duck Pond Mine and other major VMS operations within the renowned Buchans Mining District
1,000-metre corridor of lead-zinc-silver ± copper-gold mineralization, extending to over 800 metres below surface
Historic drilled intercepts include:
- 25.38m of 0.10% Cu, 0.52%Pb, 1.78% Zn, 13.74g/t Ag, and 0.09g/t Au in HS09-21 from 133.77m
- 59.70m of 0.11% Cu, 0.17% Pb, 0.66% Zn, 8.32g/t Ag, and 0.23g/t Au in HS-87-2 from 9.20m
- 97.70m of 0.04% Cu, 0.33% Pb, 1.57% Zn, 9.20g/t Ag, and 0.09g/t Au in HS-88-05 from 298.00m
Historic drilled intercepts of gold and/or copper enrichment, including:
- 2.72m of 2.1% Cu, 3.6% Pb, 6.17% Zn, 56.42g/t Ag, and 1.82g/t Au in HS09-18 from 97.42m
- 1.70m of 3.80% Cu, 1.06% Pb, 2.90% Zn, 78.20g/t Ag, and 3.04g/t Au in HS09-21 from 80.80m
- 0.50m of 3.10% Cu, 0.16%Pb, 0.85% Zn, 23.80g/t Ag, and 0.59g/t Au in HS09-21 from 120.75m
- 25.38m of 0.10% Cu, 0.52%Pb, 1.78% Zn, 13.74g/t Ag, and 0.09g/t Au in HS09-21 from 133.77m
- 2.60m of 2.94 g/t Au in HS-87-2 from 13.70m
- 1.30m of 4.16% Cu in HS-86-86 from 134.7m
Valid exploration permits in place, ensuring a streamlined 2025 drill program
Complements the Company's Strickland VMS property, emphasizing a strategic focus on copper-zinc-lead as critical minerals for project portfolio expansion and economic growth

REGIONAL SETTING

Havens Steady is located within the Central Mobile Belt of the Dunnage Zone in Newfoundland and Labrador, an area underlain by Cambrian to Silurian volcanic and sedimentary sequences, as well as associated intrusive rocks. Situated along the periphery of the Victoria Lake Supergroup, home to several important volcanic assemblages, the Property resides within a mining-friendly jurisdiction that has historically yielded large, polymetallic VMS deposits. Notably, the past-producing Duck Pond Mine, only 15 kilometres away, reported pre-production reserves of 4.078 million tonnes grading 3.29% Cu, 5.68% Zn, 59.3 g/t Ag, and 0.86 g/t Au, in addition to an inferred and measured resource of 1.073 million tonnes of 3.04% Cu, 7.05% Zn, 71.2g/t Ag and 0.8g/t Au (Canadian Mining Journal, Aug 1, 2006).

The district's record of high-grade copper, zinc, and precious metal production underlines the geological potential of this emerging critical mineral hub.

GEOLOGICAL SETTING

Dominated by felsic volcanic rocks interbedded with graphitic argillites and siltstones, the Property exhibits strong sericitization and silicification, with chloritic alteration intimately associated with massive and stringer sulfide zones (Figure 2). The multiple known mineralized horizons host notable occurrences of sphalerite, galena, chalcopyrite, and bornite. The broader Buchans-Victoria Lake area is known globally for rich polymetallic ore bodies akin to the prolific Kuroko deposits of Japan.

Figure 2: Geology, geophysics, and historical drilling at Havens Steady

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9885/241318_949aed4d9488e95b_003full.jpg

ADDITIONAL INFORMATION

For more information regarding the Newfoundland and Labrador Junior Exploration Assistance Program, please visit: https://www.gov.nl.ca/iet/mines/exploration/mip/jea/

Additional details about Havens Steady and Anteros Metal's operations are available in the Company's Investor DECK, downloadable on the Company website:
https://anterosmetals.com/wp-content/uploads/2025/02/Anteros_Deck_February_2025.pdf

QUALIFIED PERSON

The technical information contained in this news release has been reviewed and approved by Jesse Halle, P. Geo., a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Halle is independent of Anteros Metals Inc. within the meaning of NI 43-101.

ABOUT Anteros Metals Inc.

Anteros is a multimineral junior mining company using data science to target and acquire highly prospective deposits for exploration and development throughout Newfoundland and Labrador. The Company is currently focused on advancing four key projects across diverse commodities and development horizons. Immediate plans for their flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status as well as commencing baseline environmental and feasibility studies.

For further information please contact or visit:

Email: info@anterosmetals.com
Phone: +1-709-769-1151
Web: www.anterosmetals.com
Social: @anterosmetals

On behalf of the Board of Directors,

Chris Morrison
Director

Email: chris@anterosmetals.com
Phone: +1-709-725-6520
Web: www.anterosmetals.com/contact

16 Forest Road, Suite 200
St. John's, NL, Canada
A1X 2B9

Cautionary Statement Regarding Forward-Looking Information

This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company's mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider 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/241318

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Anteros Completes 3D Modelling and Identifies New Critical Mineral Targets at Havens Steady VMS Deposit, Newfoundland

Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce the completion of 3D geological modelling of its 100% owned, road-accessible Havens Steady VMS Property (the "Property") in central Newfoundland. The Property is located approximately 40 kilometres southeast of Buchans and 17 kilometres from the past-producing Duck Pond Mine. The inaugural 3D model integrates over 8,000 metres of historical drilling, surface geochemistry, and geophysical data into a unified geological framework. Interpretation was supported by AI-assisted workflows to enhance target confidence and reduce interpretive bias. The model defines a laterally extensive polymetallic volcanogenic massive sulphide ("VMS") system characterized by zinc-lead-silver ± copper-gold mineralization. It confirms a steeply southeast-dipping mineralized zone trending 057°, with over 700 metres of drilled strike length along the main mineralized zone ("MMZ"), as depicted in Figure 1, and identifies multiple untested vectors remaining open along strike and at depth.

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Anteros Advances Critical Mineral Targeting with AI-Assisted 3D Modelling at their Havens Steady VMS Property, Newfoundland

Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is excited to announce integration of advanced AI-assisted geochemical and lithological analysis into the 3D modelling of its Havens Steady Critical Mineral VMS Property (the "Property"), located near Buchans, Newfoundland. This innovative approach detects geochemical anomalies through AI-assisted K-means clustering, while enhancing deposit understanding by correlating mineralization with documented lithological units and alteration attributes. With additional modelling incorporating surficial data expected by the end of March, Anteros is poised to further refine and optimize its 2025 exploration program to prioritize high-potential drill targets.

AI-ASSISTED MODELLING HIGHLIGHTS

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Group Eleven Welcomes Franz Bollmann to the Board of Directors

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce that Franz Bollmann has been appointed to the Board of Directors. Mr. Bollmann has been nominated by Glencore Canada Corporation (which owns 16.1% of the Company) and will replace Gatlin Smeijers, who has stepped down from the Board, effective March 31, 2025, to pursue another opportunity.

Bart Jaworski, CEO of Group Eleven, commented: "We are delighted to welcome Franz to the team and look forward to working with him to further grow shareholder value. On behalf of the Company, I would also like to thank Gatlin for his valuable insights and guidance during his tenure as director and wish him the very best on his new endeavour."

Mr. Bollmann currently serves as Finance Manager at Glencore Zinc and as a Director of Glencore Servicios Corporativos Spain. Mr. Bollmann joined Glencore in 2014, working across finance, commercial, and business development roles in the Latam region. He also served as a director of Volcan Compañia Minera. Prior to joining Glencore, Mr. Bollmann worked in sales and trading at Raymond James in the United States. He holds a degree in Finance and a minor in Mathematics from the University of Arkansas.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) and (FSE: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in the Republic of Ireland. Group Eleven announced the Ballywire zinc-lead-silver discovery in September 2022. Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead deposit¹, which itself is located adjacent to Glencore's Pallas Green zinc-lead deposit². The Company's two largest shareholders are Glencore Canada Corp. (16.1% interest) and Michael Gentile (16.0%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514

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.

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

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FPX Nickel Publishes Scoping Study Report for North America's Largest Nickel Sulphate Refinery

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") announces that further to its news release dated February 24, 2025 it has published the Report for the Awaruite Refinery Scoping Study (the " Study ") on its website at https:fpxnickel.comprojects-overviewawaruite-refinery .

The Study demonstrates a compelling business case for the development of a standalone refinery (the " Refinery ") to refine awaruite concentrate into battery-grade nickel sulphate for the electric vehicle (" EV ") industry, along with producing valuable cobalt, copper, and ammonium sulphate by-products. The Study has been prepared by Wood Canada Limited and all amounts are in US Dollars unless otherwise indicated.

Highlights

Strong Economics: After-tax NPV _8% of $445 million and IRR of 20% at $8.50 /lb Ni
Large-Scale, Long Life : 40-year operating life producing 32,000 tpa of nickel contained in battery-grade nickel sulphate
Valuable Products: Production of battery-grade nickel sulphate for the EV industry, and by-products including cobalt, copper, and ammonium sulphate, a valuable fertilizer product for the agricultural sector
Low Cost: Total estimated operating costs of $1,598 /t Ni, or $133 /t Ni ( $0.06 /lb Ni) on a by-product basis for refining awaruite concentrate to battery-grade nickel sulphate, resulting in total all-in production costs of $8,290 /t Ni ( $3.76 /lb Ni) for nickel sulphate generated from awaruite mineralization (inclusive of mining, processing, refining, on a by-product basis), with both figures ranking in the lowest decile of the respective global nickel sulphate cost curves
Low Carbon : A carbon intensity of 0.2 tCO2/t Ni for refining operations, resulting in a total all-in carbon intensity of 1.4 t CO2/t Ni for nickel sulphate generated from awaruite mineralization, which is magnitudes lower than current nickel sulphate production routes

The Study reinforces the opportunity for the development of an integrated, made-in- Canada solution from mine-to-battery, utilizing awaruite concentrate as a lynchpin source of nickel, with conventional refining steps underpinning low-cost, low-carbon nickel production for use in domestic and allied country EV battery supply chains. The Study is described more fully in the FPX news release dated February 24, 2025 , and incorporates the flowsheet advancements outlined in the Company's previously reported pilot-scale hydrometallurgical testwork results (see the FPX news release dated October 15, 2024 ).

Andrew Osterloh , P.Eng., FPX's Senior Vice President, Projects and Operations, has reviewed and approved the content of this news release.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ .

On behalf of FPX Nickel Corp.

"Martin Turenne"
Martin Turenne , President, CEO and Director

Forward-Looking Statements
Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws, including those which relate to the proposed development of the Refinery, the intended processing of commercially available awaruite concentrate at the Refinery and the ability to obtain same; the projected economics of the Refinery, including capital cost; operating costs; NPV; IRR; carbon intensity; processing life; growth of the EV market; marketability of the concentrate; growth of demand for nickel sulphate and pricing therefor; and all other statements, other than statements of historical facts. These statements address future events and conditions and actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects', "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the public reports and filings for FPX, filed on SEDAR+ at www.sedarplus.com . Although FPX believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, FPX disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE FPX Nickel Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2025/31/c8434.html

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Vertex Minerals Limited Shares Commence Trading on US OTC Market

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce that its Ordinary Shares have been approved to trade on the OTCQB Venture Market ("OTCQB") in the United States of America (the "U.S.") and have commenced trading under the ticker VTXXF.

HIGHLIGHTS

- Trading commences on OTCQB under the ticker VTXXF.

- OTCQB recognised as an Established Public Market by the SEC.

- Offers enhanced investor benefits, including streamlined trading access for U.S.- based investors to VTX.

- Enables engagement with a network of U.S. investors, data distributions and media partners.

- ASX compliance qualifies for exemption under US regulations, minimising additional costs.

- There is no change to issued capital as part of the quotation on the OTCQB market and Vertex's primary listing remains the Australian Securities Exchange ("ASX") listing.

- No new shares in Vertex have been issued as part of the quotation on the OTCQX Market in the USA.

"The US market will take a keen interest in Vertex, an Australian gold company which will be recognised for its high-grade, future free cash generation, exploration upside, and its Australian dollar market value. The OTCQB quotation makes Vertex more readily accessible to a wider audience at a time when the US market is bullish gold and witnessing record Gold prices". Roger Jackson Executive Chairman

The dual-listing of the Company's ordinary shares on the OTCQB offers key advantages for investors, such as improved trading accessibility for U.S.- based investors and increased liquidity driven by a wider geographic reach of potential shareholders. This platform enables the Company to connect with U.S. capital markets, data providers, and media outlets, ensuring that U.S. investors have access to the same high-quality information and disclosures available to Australian investors, delivered through U.S.-focused platforms. Furthermore, the OTCQB listing allows U.S. investors to trade VTX's ordinary shares in U.S. dollars during U.S. market hours, providing a more cost-effective alternative to trading via the ASX platform.

The ability to trade in the Company's existing ordinary shares on the ASX will not be affected by having the OTCQB facility and no new ordinary shares have been issued. VTX will continue to make announcements and disclosures to the Australian Securities Exchange through the Market Operating Rules and Listing Rule requirements.

The OTCQB is acknowledged by the SEC as an Established Public Market and serves as a prominent platform for U.S. and international companies in the entrepreneurial and growth stages. Eligibility requires companies to maintain up-to-date financial reporting (in line with ASX listing rule obligations), meet a minimum bid price requirement, and complete an annual verification and management certification process. As a trusted and transparent marketplace with streamlined access to U.S. investors, the OTCQB supports companies in building shareholder value, enhancing liquidity, and achieving fair market valuation.

The Company would like to thank David Batista of Viriathus Capital who have acted as Sponsor for the Company's application to commence cross-trading on the OTCQB.

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

Source:
Vertex Minerals Limited

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Horne 5 Project Update

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") announced today that since its March 3 rd press release (the " March 3 rd Press Release "), the Corporation has received complementary correspondence (the " Complementary Correspondence ") from the Direction de l'évaluation environnementale des projets industriels et minières, at the Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (the " Ministry "), which aims to clarify the Ministry's position regarding the ongoing process regarding the Horne 5 Project (the " Project ").

The Complementary Correspondence confirms, among other things, that the list of comments and questions previously received and discussed in the March 3 ^rd Press Release (the " Additional Questions ") is part of the standard process and that at this stage of the process, as with any other project, no conclusions can be drawn, whether regarding the acceptability or otherwise of the Project or the recommendation that may subsequently be made to the Minister.

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Questcorp Mining Plans IP Survey at North Island Copper

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce permitting is under way for a 10 to 15 line km induced polarization (IP) survey at the Company's 1,168 hectare North Island Copper project near Port Hardy on Vancouver Island, British Columbia.

While Questcorp's North Island Copper project hosts 8 targets across the property, the main target is the historic Marisa Zone, a porphyry copper target last explored in the 1990's. Surface sampling and a preliminary 12.3-line km Induced Polarization (IP) survey identified an interesting chargeability anomaly that was followed up by a five hole, 376.43 diamond drilling program. Two of the five holes hit interesting copper values including down hole intervals of 0.078% copper over 56.39 metres in DDH92-01 and 0.041% copper over 70.71 metres in DDH92-03 in an altered quartz diorite. Copper grades were increasing with depth in DDH92-03. The Company plans to follow up these historic results.

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Anteros Announces Application to JEA Program for Havens Steady Critical Mineral VMS Property, Newfoundland

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