/C O R R E C T I O N from Source -- Orefinders Resources Inc./

/C O R R E C T I O N from Source -- Orefinders Resources Inc./

In the news release, Orefinders Provides Corporate Update, Completion of Drilling on Knight, Drilling on McGarry Ongoing, issued 10-Mar-2022 by Orefinders Resources Inc. over CNW, we are advised by the company that in the second paragraph, first sentence should read "a total of $9.8 million in working capital" rather than "a total of $8.5 million in working capital" as originally issued inadvertently. The complete, corrected release follows:

Orefinders Provides Corporate Update, Completion of Drilling on Knight, Drilling on McGarry Ongoing

  • Drilling on Knight now Complete
  • Drilling on McGarry in Kirkland Lake Ongoing
  • Treasury is Strong with ~$9.8 million in working capital and +$6 million in cash
  • Agnico Eagle JV Exploration Spend Increasing by 50% in 2022
  • Full Update via webinar Now Available

 Orefinders Resources Inc. ("Orefinders" or the "Company") (TSXV: ORX) is pleased to provide a corporate update, including results from the now complete Knight drill program, the in-progress drill program on its McGarry Gold project in the Kirkland Lake District, updates on Orefinders cash and working capital positions, strategic opportunities that Orefinders is evaluating, and its Joint Venture partnership with Agnico Eagle Mines Limited ("Agnico Eagle"; TSX:AEM).

Orefinders has a strong balance sheet with $6 million in cash and a total of $9.8 million in working capital, including its +5 million shares in QC Copper & Gold (QCCU:TSXV) , 24.7 million shares in Mistango River Resources (MIS:CSE), 5 million shares in American Eagle Gold (AE:TSXV). Orefinders also benefits from its $60 million joint venture with Agnico Eagle, which sees AEM fund Orefinders exploration activities while preserving its treasury. Orefinders also notes that Agnico's budget for 2022 is increasing by 50% from 2021.

Orefinders Full Update: Webinar with CEO Stephen Stewart

Details of Knights Phase 2 Drill Program
Orefinders has completed its 4,400 metre Phase 2 drill program at the Knight Gold Project located in the Shining Tree district of the southern Abitibi belt about 100 kilometres southwest of Kirkland Lake, Ontario . The Phase 2 program focused on extending mineralization proximal to the historical Tyranite Mine (Tyranite Zone) and testing new exploration targets to the South of the Duggan Zone, located about 1,500 metres to the west of Tyranite. The best intercept was in TRY21-003 (drilled at the Tyranite Mine area) with 4.67 g/T over 4.6 meters from 216.4 to 221 meters. Drill hole TRY21-004 also had an intercept of 2.01 g/t over 2 meters from 120 to 122 meters, corresponding to the deeper intercept in TRY21-003. These intercepts are located 30 to 75 metres south of previously announced intercepts reported in 2021 and continue to show the expansion potential for mineralization in this area

A map illustrating the locations of the Tyranite and Duggan zones and the Phase 2 drill holes is provided in Figure 1 where representative sections showing significant results are presented.

Drill targets were defined based on a combination of geostatistical analyses of gold distributions at the Tyranite and Duggan zones and on recently completed structural and geophysical models that have led to a refined understanding of the structural setting of gold mineralization at the Knight Project and to the identification of new exploration targets.

Three drill holes totaling 1913 meters were completed to test a newly identified target zone located about 1,100 metres to the South of the Duggan Zone (inside the dashed oval in Figure 1) where multiple N-S and E-W structures form a complex structural domain associated with magnetic anomalies. These three drill holes encountered strongly silicified and altered rock, but little economic mineralization. All Phase 2 drill holes have been completed, and all assay and material results have been returned and reported.

McGarry Drilling is Ongoing
Orefinders began drilling on its McGarry Project on February 9 and has thus far completed 2,391 metres of a planned 4,000 metre drill program. Additionally, Orefinders has submitted 1240 samples to the lab for assay. The Company notes that it has engaged a new assay lab for the McGarry Project and has been advised to expect results within a much faster turnaround rate.

Agnico Eagle Joint Venture
Orefinders congratulates it new Joint Venture partner, Agnico Eagle, in completing its merger with Kirkland Lake Gold . Orefinders has engaged with senior management at Agnico Eagle and confirms that the planned exploration spending for 2022 is increased by 50% of 2021

Orefinders Strong Cash Position Provides Opportunities for Growth
Orefinders strong treasury ( $6 million in cash and a total of $9.8 million in working capital on a marked to market basis) and unique situation whereby Agnico Eagle is funding the Company's exploration activities provides Orefinders with the opportunity to evaluate other strategic investment opportunities. Orefinders has been very active in evaluating such opportunities and expects that such a transaction is likely to occur.

QP Statement
The technical information in this news release has been reviewed and approved by Antoine Schwartzmann P.Geo ., a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

About Orefinders Resources Inc.
Orefinders is a gold exploration and development company focused exclusively on the Abitibi Greenstone Belt. The Company is listed on the TSX Venture Exchange under the symbol ORX. Agnico Eagle Mines Limited (TSX:AEM) holds an option to acquire up to a 75% interest in Orefinders Knight and McGarry projects (the "Projects") in exchange for spending $60 million on the Projects.

N   either 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. Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Orefinders' assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Orefinders. Additional information identifying risks and uncertainties is contained in filings by Orefinders with Canadian securities regulators, which filings are available under Orefinders' profile at www.sedar.com .

For the latest updates, please contact or follow us on Twitter @Orefinders
www.orefinders.ca

SOURCE Orefinders Resources Inc.

Cision View original content: https://www.newswire.ca/en/releases/archive/March2022/10/c9964.html

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Orefinders Appoints Gerry Brockelsby as Chief Investment Officer

Orefinders Appoints Gerry Brockelsby as Chief Investment Officer

Orefinders Resources Inc. (TSXV: ORX) (OTCQB: ORFDF) ("Orefinders" or the "Company") is pleased to announce that it has appointed Gerry Brockelsby as its Chief Investment Officer.

"We are excited to add Gerry to the team, as he represents the evolution of our strategy to source special situations and strategic investments within the precious and critical metals sector. Specifically, Orefinders seeks active investments where our team can add value through enacting change. As an exempt market dealer and licensed portfolio manager, Gerry has financed countless Canadian exploration companies throughout his career. His knowledge of the issuers, their projects, and their sources of capital make him an excellent addition to our team," said Stephen Stewart, Chair of Orefinders.

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Orefinders Announces Shareholder Approval for Its Updated TSXV Listing to a Mining & Investment Issuer

Orefinders Announces Shareholder Approval for Its Updated TSXV Listing to a Mining & Investment Issuer

Orefinders Resources Inc. ‎(TSXV: ORX) ("Orefinders" or the "Company") is pleased to announce that following its annual general meeting of the shareholders held on April 28, 2023 (the "Meeting"), it has received shareholder approval for its previously announced intention to update its listing status from a mining issuer to both an investment and mining issuer (the "Proposed Change of Business") pursuant to the policies of the TSX Venture Exchange (the "Exchange"). The Company intends to close the Proposed Change of Business upon receipt of final approval of the Exchange.

This update aims to increase the Company's flexibility and optionality to make strategic investments and incubate new opportunities focused on gold and other critical metals. Orefinders' exploration strategy and core portfolio of assets remain unchanged. This updated listing status allows management to transact corporately as the Company has in the past with the spin offs of QC Copper and Gold Inc., American Eagle Gold Corp., and its activist investment Mistango River Resources Inc. With this new listing status, Orefinders may undertake corporate transactions, acquire strategic equity positions, or incubate new junior companies as opportunities arise.

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Orefinders Invests in Awale Resources

Orefinders Invests in Awale Resources

Orefinders Resources Inc. ‎(TSXV: ORX) (OTCQB: ORFDF) (the "Company") is pleased to announce it has entered into a binding term sheet ("Term Sheet") for an investment in Awalé Resources Limited ("Awalé"), a junior mineral exploration company focused on gold-copper exploration in Cote d'Ivoire (the "Investment").

‎"This financing and a change in leadership at Awalé represents a special situation where an active approach can add value to our investments. We are excited to partner with the Awalé team and its new CEO, Andrew Chubb, who has a clear plan to advance their Odienné project. Odienné is a large-scale and exciting copper-gold (IOCG) project that has attracted both equity investment and a joint venture partnership with the world's largest gold miner, Newmont Corp. Newmont is scheduled to spend $3 million on Odienné in 2023. With fresh leadership, a restored balance sheet, and significant news flow on the horizon from Newmont's Investment in Odienné, we see a bright future for Awalé. So much so that Charles Beaudry and I will be personally co-investing alongside Orefinders," said Stephen Stewart, Orefinders CEO.

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Orefinders Plans to Update TSXV Listing Status to a Mining & Investment Issuer

Orefinders Plans to Update TSXV Listing Status to a Mining & Investment Issuer

Orefinder's Resources Inc. ‎(TSXV: ORX) ("Orefinders" or the "Company") is pleased to announce that it will be seeking shareholder approval for the updating of its listing status from a mining issuer to both an investment and mining issuer pursuant to the policies of the TSX Venture Exchange (the "Exchange").

This update aims to increase the Company's flexibility and optionality to make strategic investments and incubate new opportunities focused on gold and other critical metals. Orefinders' exploration strategy and core portfolio of assets remain unchanged. This updated listing status allows management to transact corporately as the Company has in the past with the spin offs of QC Copper and Gold Inc., American Eagle Gold Corp., and its activist investment Mistango River Resources Inc. With this new listing status, Orefinders may undertake corporate transactions, acquire strategic equity positions, or incubate new junior companies as opportunities arise.

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Orefinders Completes Option to Acquire Grizzly Gold Project in Chibougamau Québec

Orefinders Completes Option to Acquire Grizzly Gold Project in Chibougamau Québec

Orefinders Resources Inc. ‎(TSXV: ORX) (the "Company") is pleased to announce the execution and the completion of the initial payments pursuant to a previously announced mining option agreement (the "Option Agreement") with G.L. Geoservice Inc. and Marc Bouchard (the "Vendors") wherein the Company was granted an option to acquire a 100% interest in the Grizzly Gold Project ("Grizzly" or the "Project") in the Chibougamau District of Québec.

The Company shall acquire the 100% interest in the Project over a 48 month period through the payment of a total of $450,000 in cash or common shares of the Company (the "Consideration Payments"), along with the completion of a total of $750,000 in work obligations on the Project (the "Work Obligations"). Payment of the Consideration Payments, if made in common shares of the Company ("Common Shares") shall be based on the 15 day volume weight average price in the 15 days prior to the due date of the payment (the "Deemed Share Price"). Where the Deemed Share Price is less than $0.045 per Common Share, the Company shall make the ‎Consideration Payment in cash, and where the Deemed Share Price is $0.045 or more, the ‎Company shall make the Consideration Payment in Common Shares.‎

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John Rubino, gold and silver bars.

John Rubino: Gold on "Epic Run" as Chaos Unfolds, What About Silver?

John Rubino, who writes a newsletter on Substack, explains the factors behind gold's "epic run," pointing to underlying elements like Basel III and BRICS demand, as well as current events.

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Gold bar and nuggets with text reading "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Lion Rock Jumps 60 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

The Liberal Party of Canada and Prime Minister Mark Carney will form a minority government following their victory in Canada’s national election on Monday (April 28). The Liberals won 168 seats, just shy of the 172 required to form a majority, meaning the Liberal government will have to work with the Bloc Québécois or the NDP, which won 23 and 7 seats, respectively.

The Conservative Party of Canada, led by Pierre Poilievre, won 144 seats. While the CPC was originally expected to win the election, the trade war and sovereignty threats from new US President Donald Trump turned the tide in favor of Carney, who took a firmer stance against Trump. Other election issues included the high cost of living, housing, immigration and crime.

Both parties came into the election with visions for Canada’s economy, which included energy and infrastructure corridors, a commitment to energy production and a focus on resource nationalism.

Statistics Canada released February’s gross domestic product by industry figures on Wednesday (April 30). According to the data, the resource sector’s January gains were largely erased by contractions in February. Oil and gas extraction slipped by 2.8 percent, while mining and quarrying contracted by 2.6 percent during the month. Metal ore mining posted its second month of declines, falling 2.5 percent. On the other hand, non-metallic mineral mining climbed by 2.7 percent, including a 3.5 percent rise in potash mining.

South of the Border, The United States Bureau of Labor Statistics released its April employment situation summary on Friday (May 2). In the report, the agency said that 177,000 new nonfarm jobs were added to the economy in April, which exceeded analysts’ expectations of 133,000 jobs.

The biggest gains came in the healthcare sector, which added 51,000 workers, followed by transportation and warehousing, where 29,000 people found new employment.

Overall, the unemployment rate remained steady at 4.2 percent, and the participation rate was unchanged at 62.6 percent.

However, there were some caveats, most notably, downward revisions of 15,000 fewer jobs in February and 43,000 jobs in March than initially reported.. Long-term unemployment also ticked up by 179,000 to 1.67 million in April, the highest since March 2022.

While the number showed strength in the job market, many analysts expect these gains to be temporary, as the effects of US tariffs have yet to be felt in the economy.

The US government also announced on Wednesday that it signed a critical minerals deal with Ukraine. Under the terms of the agreement, the US will provide funding for Ukraine’s reconstruction in exchange for preferential access to the country’s natural resources, including rare earth minerals, which are critical to tech and military development and supply chains.

Additionally, the Trump administration announced it added 10 new projects to be fast-tracked to its federal permitting dashboard on Friday. The projects include the NorthMet copper and nickel project in Minnesota, which is a 50/50 joint venture between Teck (TSX:TECK.A,TECK.B,NYSE:TECK) and Glencore (LSE:GLEN,OTC Pink:GLCNF), as well as Sibanye Stillwater’s (NYSE:SBSW) Stillwater platinum and palladium project in Montana.

Markets and commodities react

In Canada, major indexes posted gains by the week's close. The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 1.32 percent during the week to close at 25,031.51 on Friday, the S&P/TSX Venture Composite Index (INDEXTSI:JX) moved up 0.01 percent to 656.40 and the CSE Composite Index (CSE:CSECOMP) climbed 2.52 percent to 122.75.

US equity markets also posted gains by close on Friday, with the S&P 500 (INDEXSP:INX) increasing 2.85 percent to close at 5,686.66, the Nasdaq-100 (INDEXNASDAQ:NDX) gaining 3.45 percent to 20,102.61 and the Dow Jones Industrial Average (INDEXDJX:.DJI) rising 2.8 percent to 41,317.44.

The gold price fell from recent highs, closing out Friday at US$3,233.98, down 2.56 percent over the week. The silver price was also down, shedding 3.21 percent during the period to US$32.03.

In base metals, the COMEX copper price fell 4.29 percent over the week to US$4.69 per pound. Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) was down 3.17 percent to close at 520.19.

Top Canadian mining stocks this week

So how did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.


Stock data for this article was retrieved at 3:30 p.m. EDT on Friday using TradingView's stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.

1. Lion Rock Resources (TSXV:ROAR)

Weekly gain: 60 percent
Market cap: C$20.51 million
Share price: C$0.32

Lion Rock Resources is a gold and critical mineral exploration company focused on advancing its Volney gold-lithium-tin project in South Dakota, United States.

The property is situated on 142 hectares of private land with surface and mineral rights in place. The site hosts historic gold and tin mining operations dating back to the 1920s. Additionally, the site contains the Giant Volney pegmatite body, from which 15 grab samples graded an average of 4.4 percent lithium oxide, with the highest grading 5.4 percent.

The most recent news from the project came on Thursday (May 1) when Lion Rock announced that it had started its 2025 exploration program, including a high-resolution magnetic survey, mapping and sampling. The company said that the program will target high-grade lithium, gold and tin, and results will be used to refine drill targets and expand known mineralized zones.

The company also released its year-end 2024 financial report on Tuesday (April 29).

2. Foremost Clean Energy (CSE:FAT)

Weekly gain: 42.86 percent
Market cap: C$14.27 million
Share price: C$1.30

Foremost Clean Energy is a uranium exploration company working to advance projects in the Athabasca Basin in Northern Saskatchewan, Canada.

In 2025, its primary focus has been its Hatchet Lake property, part of its Eastern Athabasca projects. The site consists of nine mineral claims within two blocks covering an area of 10,2012 hectares and has seen exploration dating back to the 1960s.

Foremost announced in October 2024 that it had completed the first phase of an option agreement with Denison Mines (TSX:DML,NYSEAMERICAN:DNN) to acquire a 20 percent stake in 10 uranium properties, including Hatchet Lake, in exchange for 1.37 million common shares.

Under the terms of the agreement, Foremost can earn up to a 70 percent stake in the properties in exchange for meeting certain milestones within 36 months.

This Thursday, Foremost announced a new uranium discovery at Hatchet Lake from initial results of the company’s ongoing inaugural drill program.

In the announcement, the company said the discovery included multiple intervals of mineralization, highlighting one grading 0.22 percent equivalent U3O8 over 0.9 meters, including an intersection of 0.5 percent over 0.1 meters.

3. Baru Gold (TSXV:BARU)

Weekly gain: 42.86 percent
Market cap: C$13.53 million
Share price: C$0.05

Baru Gold is a development company working to advance its Sangihe gold project in Indonesia.

The company holds a 70 percent stake in the 42,000 hectare project, with the remaining 30 percent interest held by three Indonesia-based companies.

Baru Gold is progressing towards approval of its production operations plan, which was redesigned due to the significant macroeconomic shift and increase in the gold price since its last mineral resource estimate in May 2017.

On February 14, the company published a technical report with an updated mineral resource estimate. The mineral resource estimate demonstrated an indicated resource of 114,000 ounces of gold and 1.93 million ounces of silver from 3.15 million metric tons of ore with grades of 1.12 grams per metric ton (g/t) gold and 19.4 g/t silver. The project also hosts an inferred resource of 91,000 ounces of gold and 1.08 million ounces of silver from 2.3 million metric tons of ore with grades of 1.22 g/t gold and 14.5 g/t silver.

The update marks a significant step towards government approval for production operations status, with the only remaining requirement being the payment of taxes.

The most recent news came on April 2 when the company announced the closing of the first tranche of a private placement for C$336,321.88. Funding raised through the placement will be used in part for payment of land use taxes on the Sangihe property.

4. Taranis Resources (TSXV:TRO)

Weekly gain: 42.5 percent
Market cap: C$21.07 million
Share price: C$0.285

Taranis Resources is a copper explorer focused on advancing work at its Thor project in Southeast British Columbia, Canada.

The site has seen previous mining dating back to the early 1900s and hosts at least seven different epithermal zones. In a February mineral resource estimate update, the company reported an indicated resource of 1.14 million metric tons of ore containing 27,400 ounces of gold, 5.58 million ounces of silver, 3.1 million pounds of copper, 47.8 million pounds of lead and 77.9 million pounds of zinc.

The most recent news from the Thor project came on April 9, when Taranis provided an update on its 2024 deep drilling program. The company finalized an alteration study of the drill holes, which encountered anomalous gold, zinc and arsenic, and plans to use the results to improve targeting and lower costs for its 2025 drilling program.

5. Black Iron (TSX:BKI)

Weekly gain: 41.18 percent
Market cap: C$38.02 million
Share price: C$0.12

Black Iron is an exploration and development company working to advance its Shymanivske iron project in Ukraine.

The 300 hectare property is located approximately 330 kilometers south-east of the capital of Kiev and is situated within the well-known iron ore mining district of KrivBass.

According to a March 2020 preliminary economic assessment, project economics demonstrated an after-tax net present value of US$1.44 billion at a discount rate of 10 percent with an internal rate of return of 34.4 percent and a payback period of 3.3 years.

The included mineral resource estimate reported a measured and indicated resource of 645.8 million metric tons of ore with an average grade of 31.6 percent total iron and 18.8 percent magnetic iron.

Although Black Iron did not release any news this week, the company’s share price gained alongside news of the US and Ukraine reaching a critical minerals agreement.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of February 2025, there were 1,572 companies listed on the TSXV, 905 of which were mining companies. Comparatively, the TSX was home to 1,859 companies, with 181 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange's trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

Newmont Promotes Natascha Viljoen to President and Chief Operating Officer

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) ("Newmont") today announced that Natascha Viljoen, Executive Vice President and Chief Operating Officer, has been promoted to President and Chief Operating Officer of the company. Ms. Viljoen will continue to report directly to Chief Executive Officer Tom Palmer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250502352607/en/

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North Bay Resources Announces Gold Concentrate Shipment, Advancement of Flotation Circuit at Bishop Gold Mill California

North Bay Resources Announces Gold Concentrate Shipment, Advancement of Flotation Circuit at Bishop Gold Mill California

North Bay Resources, Inc. (the " Company " or " North Bay ") (OTC: NBRI) is pleased to announce delivery of 344 lbs. of gold concentrate to the Company's refinery partner Just Refiners, Reno, NV. Assay splits have been sent to ALS Geochemistry Reno, Nevada. Ore from the Company's Fran Gold Project was processed at the Company's Bishop Gold Mill. The concentrate represents approximately 15 tons of gross ore processed. Recent repairs to the Company's RakerClassifier and replacement of balls in the ball mill have been implemented to produce a finer grind targeting minus 150 mesh. This grind has been determined to be optimal for recovery. The concentrate is from the gravity only circuit with the flotation circuit currently under optimization and testing ( See Pic 1) . The Company recently received settlement on its first concentrate shipment ( see Press Release dated April 7, 2025 ),

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Advance Metals

Successful Capital Raising to Accelerate Exploration at the High Grade Myrtleford Project

Advance Metals Limited (“Advance” or “the Company”) is pleased to announce the successful completion of a capital raising initiative to fully fund a follow-up exploration program at the Myrtleford Project in Victoria. The Company has secured firm commitments to raise $2.55 million (before costs) through a single-tranche Placement to institutional and sophisticated investors. Evolution Capital acted as Lead Manager for the raising, with significant backing from key existing AVM shareholders.

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Win Metals

Award of Exploration Incentive Scheme (EIS) Co-funding

WIN Metals Ltd (ASX: WIN) (“WIN” or “the Company”) is pleased to announce it has been awarded government EIS co-funding for proposed drilling of its Ganymede gold target located directly to the south-east of the Butchers Creek gold deposit.

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