Resource News

C3 Metals Inc. (TSXV: CCCM) ("C3 Metals" or the "Company") is pleased to announce that the Company's deep core drilling at its Jasperoide copper-gold skarnporphyry project in southern Peru has intersected a hydrothermal alteration system beneath the Montaña de Cobre zone. Drilling intersected a multi-phase hydrothermal alteration system that is coincident with a large Hybrid CSAMT anomaly and indicative of a classic porphyry model.

Jasperoide Phase 2 Drill Program Highlights:

  • Jasperoide alteration system at the Montaña de Cobre zone extends to over 1,000m depth
  • Current drilling intersected a telescoped hydrothermal alteration system characterized by:
    • Multi-stage calcite veins and breccias cut by pyrite-molybdenite veins
    • Phyllic altered porphyry fragments with sulphides in a hydrothermal breccia
    • Significant anhydrite alteration in veins and breccias
    • Trace chalcopyrite identified in epithermal veins and on fractures
    • High sulphidation breccias and veins containing pyrite-sphalerite mineralization
  • Hybrid-CSAMT geophysics provides a 3D image of Jasperoide's subsurface "plumbing" system

Stephen Hughes, Vice President Exploration of C3 Metals, commented, "C3 Metals is testing deeper levels of the Jasperoide copper-gold system and we are seeing important geologic evidence confirming that hydrothermal alteration at the Montaña de Cobre zone extends to depths of over 1,000 metres. Alteration of this scale is typically associated with large-scale porphyry systems, confirming our interpretation that a porphyry system is the driving force behind well developed skarns."

"We are seeing molybdenite-pyrite veins that are reminiscent of similar style veining that I have seen at porphyry systems in Indonesia. In the breccias, we identified altered porphyry fragments that contain pyrite veins and these fragments have been ripped from a porphyry system at depth. With each drill hole we see more and more porphyry indicators and we remain committed to unlocking the true value of this impressive land package."

Phase 2 Drill Program

Phase 2 drilling is well underway, with the first deep hole (JAS3000-06) completed to 1,180m depth and the second hole (JAS2800-7) currently in progress at 1,050 metres depth (Figure 1). Drill holes are testing the multiple targets at Montaña de Cobre, Cresta Verde, Callejón de Oro and a newly identified target at Domo Verde zone (Figure 4). Priority targets are defined by copper and gold soil geochemical anomalies with coincident Hybrid-CSAMT, IP-Chargeability and magnetic anomies. Additional infill holes are also planned within the Montaña de Cobre zone in areas of low drill data density.

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Figure 1: Showing interpreted geology and drill collars at Jasperoide project.

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The first deep hole, JAS3000-06 tested beneath a large zone of clay alteration exposed west of the Montaña de Cobre zone which is interpreted as advanced argillic alteration. The drill hole encountered varied intensity of garnet-diopside alteration in diorite, overprinted by bladed mushketovite (magnetite after hematite) and calcite veins from surface to 350m depth. Intercalated limestone, intensely marbleized and bleached white limestone and localized breccias and calcite stockwork veins occur from 350m down hole. High-sulphidation breccias and veins locally contain sphalerite and trace galena. Select intervals have been sent for analysis and results are expected in the coming weeks.

The second deep hole, JAS2800-7 is collared on Line JAS2800 and is drilling adjacent to and beneath a large zone of magnetite alteration. This hole is testing a discrete resistive feature (Figure 2) located proximal to a high sulphidation feeder structure intersected in JAS2700-04 and strong copper-gold mineralization intersected in JAS2750-07, which returned 106.1m @ 0.99% Cu and 0.28 g/t Au from surface (see press release dated September 30, 2021).

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Figure 2: Cross section through Hybrid CSAMT model showing the current drill hole and target.

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Hole JAS2800-07 encountered skarn and marbleized carbonate rocks to 200m depth, which locally contain up to 10% "copper-wad" oxide mineralization. Downhole to 950 metres is intercalated limestone, mudstone and intensely marbleized limestone that are crosscut by polymict breccias containing trace to 20% pyrite. At approximately 950m, the hole intersected pervasive late stage epithermal calcite veins and breccias that are overprinted by pyrite veins with visible molybdenite. The breccias locally contain intensely phyllic altered diorite porphyry fragments with abundant disseminated pyrite (Figure 3). Additional updates are planned as this hole progresses.

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Figure 3: JAS300-06 (972.6m) Phyllic altered diorite porphyry fragment in a 15m wide hydrothermal breccia with several stages of calcite and overprinted by pyrite-molybdenite veins.

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Phase 1 Drill Program Update - Montaña de Cobre Skarn

The Phase 1 drill program is now complete and has defined a shallow dipping oxide copper-gold skarn domain that is laterally extensive for up to 650 metres and has a strike length of more than 400 metres. True thickness of the copper-gold mineralization varies from 50 to 250 metres and is open to the north, west and at depth. Additional infill holes are planned to target areas with limited or no drill data at northern Montaña de Cobre.

The five holes reported below were designed to define the limits of the known mineralization at the Montaña de Cobre zone. Although assay results are lower grade, these holes demonstrate that near-surface copper-gold skarn mineralization continues beyond Line JAS3000, along trend of the Benoni Fault and Cresta Verde zone.

Table 1. Significant drilled intercepts at Montaña de Cobre Zone

HoleFrom
(m)
To
(m)
Length
(m)
Cu
(%)
Au
(g/t)
Ag
(g/t)
Mineralization
Style
JAS3000-0112.1050.6038.500.360.091.79Skarn
Includes12.1037.9025.800.420.092.18Skarn
JAS3000-025.0040.6035.600.360.151.51Skarn
Includes28.4039.2010.800.490.141.02Skarn
JAS3000-030.0033.5033.500.300.130.98Skarn
JAS3000-040.0060.7060.700.260.093.62Skarn
Includes30.1056.2026.100.320.116.02Skarn
JAS3000-0493.0099.406.400.240.033.77Skarn
JAS3000-0530.3066.0035.700.620.372.31Skarn
Includes34.4044.8010.401.040.754.42Skarn

  

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Figure 4: Domo Verde Zone, dome-like feature with copper oxide located north of the Benoni Fault.

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For additional information, contact:

Kevin Tomlinson
President & CEO
+1 416 841 5122
ktomlinson@c3metals.com

Alec Rowlands
Vice President, Investor Relations
+1 416 572 2512
arowlands@c3metals.com

ABOUT C3 Metals Inc.

C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits. The Company's flagship project is the 57km2 Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific Andahuaylas-Yauri Porphyry-Skarn belt of southern Peru. Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore). C3 Metals also holds a 100% interest in five licenses covering 207km2 of highly prospective copper-gold terrain in Jamaica and a 2% royalty in Tocvan's Rogers Creek project.

Related Link: www.c3metals.com

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.

QP Statement

Stephen Hughes, P.Geo. is Vice President Exploration and a Director for C3 Metals and is a Qualified Person as defined by National Instrument 43-101. Mr. Hughes has reviewed the technical information in this news release and approves the written disclosure contained herein.

Technical Program

C3 Metals adheres to a strict QA/QC protocol for core handling, sampling, sample transportation and analyses. Chain-of-custody protocols are designed to ensure security of samples until their delivery at the laboratory.

Half core samples are analysed by 4-Acid digest ICP-MS finish for 60 elements, including pathfinder REE elements with pulps from samples reporting greater than 1.0% copper being re-assayed by the ore grade method. Gold is analysed by 30g Fire Assay AAS finish, with pulps from samples reporting greater than 5ppm re-assayed by 1kg Screen Fire Assay. The Company inserts blanks and certified reference standards in the sample sequence for quality control.

COVID-19 Protocols

The Company continues to implement its COVID-19 safety protocols at site to ensure the safety of employees and the communities surrounding the Jasperoide project area.

Caution Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the exploration operations of the Company and the timing which could be affected by the current global COVID-19 pandemic. Those assumptions and factors are based on information currently available to the Company. Although such statements are based on reasonable assumptions of the Company's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.

While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions and the COVID-19 pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks.

The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

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C3 Metals Announces Board and Management Changes

C3 Metals Announces Board and Management Changes

C3 Metals Inc. (TSXV: CCCM) ("C3 Metals" or the "Company") wishes to advise that for personal reasons, Kevin Tomlinson is stepping down from his role as President and CEO. He will also resign as a director of the Company, effective June 30, 2022. Mr. Tony Manini, current Chairman of C3 Metals will take up the role of Executive Chairman to lead the Company through to the appointment of a new CEO. Mr. Tomlinson will assist in the orderly transition of duties as required.

Drilling on the Company's exciting copper-gold exploration projects in Peru and Jamaica is continuing in full swing under the leadership of VP-Exploration, Stephen Hughes.

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C3 Metals Discovers High Grade Copper - Silver at Arthurs Seat, Jamaica

C3 Metals Discovers High Grade Copper - Silver at Arthurs Seat, Jamaica

C3 Metals Inc. (TSXV: CCCM) ("C3 Metals" or the "Company") is pleased to report surface reconnaissance results from mapping and sampling at the Arthurs Seat Project in Jamaica (Figure 1). Arthurs Seat is one of four Jamaican projects owned 100% by the Company and is located adjacent to the Company's Bellas Gate property where the Company has commenced a 5,000 metre drill program.

Exploration to date at Arthurs Seat has defined a 6.75 km2 prospective area of copper mineralized veins and breccias interpreted to represent the upper part of an underlying porphyry system. Magnetics, mapping and detailed prospecting are continuing.

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C3 Metals to Commence Drilling Copper-Gold Porphyry Targets in Jamaica

C3 Metals to Commence Drilling Copper-Gold Porphyry Targets in Jamaica

 C3 Metals Inc. (TSXV: CCCM) ("C3 Metals" or the "Company") is pleased to announce that the 5,000 metre drilling program at the Company's 100% owned Bellas Gate copper-gold porphyry project in Jamaica will commence this weekend.

Drilling is designed to test multiple porphyry copper targets identified within the regionally significant Crawl River Fault zone. Drilling will also target epithermal gold prospects on the property (Figure 1). Twelve porphyry systems and multiple epithermal occurrences have been identified in the project area to date.

Program Highlights

  • The Epidote Ridge prospect area is located within the Bellas Gate SEPL and specifically within Porphyry Alley, a cluster of porphyries along the Crawl River Fault Zone (Figure 2)
  • Epidote Ridge is the first drill target, an interpreted preserved porphyry centre linked to porphyry copper-gold prospects known as Connors, Geo Hill and Camel Hill
  • Strong copper-gold mineralization intersected at Connors, Geo Hill and Camel prospects is interpreted to converge beneath Epidote Ridge
  • Shallow historic drilling at Connors and Camel Hill intersected good copper and gold grades as highlighted below (full details included in press release of March 24, 2022)

Connors results:

  • 114.0m @ 0.69% Cu, 0.52 g/t Au in CON-14-004 (from 28.0m)[1]
  • 84.0m @ 1.00% Cu, 0.77 g/t Au in CON-14-005 (from 14.0m) 1

Camel Hill results:

  • 137.2m @ 0.56% Cu, 0.25g/t Au in CAM92-01 (from surface) 1
  • 85.0m @ 0.52% Cu, 0.25g/t Au in CAM92-05 (from 3.40m) 1
  • Post Eidote Ridge drilling, the rig will test other high potential porphyry prospects, including Coffee, Lucky Valley, Geo Hill and White Rock Ridge, followed by epithermal copper-gold-silver targets at Charing Cross and Stamford Hill

Kevin Tomlinson, President & CEO of C3 Metals, commented, "On March 24th, 2022 we announced our 2022 exploration drilling program in Jamaica. We are excited to commence drilling on a number of untested copper-gold porphyry systems and historic mine workings with impressive copper mineralization but limited multi-discipline exploration. This initial program will test multiple high potential prospects starting at Epidote Ridge, one of our most compelling targets. On completion of the first hole, the drill rig will move to test additional porphyry and epithermal targets along Porphyry Alley and the parallel spatially associated Epithermal Copper-Gold Corridor."

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Figure 1: Jamaican Exclusive Prospecting Licenses ("SEPLs") and the Crawl River Fault Zone

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Details of the Drilling Program

Over the past year, the Company compiled all historical exploration data on its Jamaican Exclusive Prospecting Licenses ("SEPLs") and refined the geological and mineralization models for Bellas Gate (Figure 2). The review identified significant porphyry copper-gold potential beneath Epidote Ridge, where down dip extensions of the Connors and Camel porphyry copper-gold deposits are interpreted to converge.

Epidote Ridge is characterized by intense epidote alteration over a nine square kilometre area and is associated with highly anomalous copper in soil geochemistry and coincident magnetic and IP chargeability features at depth (Figure 3). The geochemical and geophysical signatures at Geo Hill, Camel Hill and Connors are similar to Epidote Ridge, making it the most compelling and highest priority porphyry drill target in Bellas Gate.

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Figure 2. Porphyry Alley on the Bellas Gate Project showing Epidote Ridge, Connors and Camel Hill

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Figure 3: Coincident magnetic (top) and IP Chargeability (bottom) anomalies beneath Epidote Ridge

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For additional information, contact: Kevin Tomlinson, President & CEO
+1 416 841 5122 or ktomlinson@c3metals.com

ABOUT C3 Metals Inc.

C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits. The Company's flagship project is the 57km2 Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru. Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore). C3 Metals also holds a 100% interest in five licenses covering 207km2 of highly prospective copper-gold terrain in Jamaica and a 2% royalty in Tocvan's Rogers Creek project.

Related Link: www.c3metals.com

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.

QP Statement

Stephen Hughes, P.Geo. is Vice President Exploration and a Director for C3 Metals and is a Qualified Person as defined by National Instrument 43-101. Mr. Hughes has reviewed the technical information in this news release and approves the written disclosure contained herein.

Technical Program

C3 Metals adheres to a strict QA/QC protocol for core handling, sampling, sample transportation and analyses. Chain-of-custody protocols are designed to ensure security of samples until their delivery at the laboratory.

Half core samples are analysed by 4-Acid digest ICP-MS finish for 60 elements, including pathfinder REE elements with pulps from samples reporting greater than 1.0% copper being re-assayed by the ore grade method. Gold is analysed by 30g Fire Assay AAS finish, with pulps from samples reporting greater than 5ppm re-assayed by 1kg Screen Fire Assay. The Company inserts blanks and certified reference standards in the sample sequence for quality control.

COVID-19 Protocols

The Company continues to implement its COVID-19 safety protocols at site to ensure the safety of employees and the communities surrounding the Jasperoide project area.

Caution Regarding Forward Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the exploration operations of the Company and the timing which could be affected by the current global COVID-19 pandemic. Those assumptions and factors are based on information currently available to the Company. Although such statements are based on reasonable assumptions of the Company's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.

While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions and the COVID-19 pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks.

The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

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C3 Metals Mobilizes Drill to Jamaica Testing Copper-Gold Porphyry Systems

C3 Metals Mobilizes Drill to Jamaica Testing Copper-Gold Porphyry Systems

C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to advise that concurrently with drilling at its flagship Jasperoide project in Peru, the Company has secured a rig to undertake a 5,000 metre core drilling program in Jamaica to test several compelling high priority copper-gold porphyry targets. The rig is currently on route to Kingston, Jamaica and drilling is expected to commence in late April.

C3 Metals holds a 100% interest in three licenses which cover an overlooked and under explored porphyry/epithermal copper-gold belt in Jamaica. The area was the focus of historical mining by the Spanish and British and modern exploration activity included work by BHP and Oz Minerals.

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C3 Metals Drills 32.4m at 3.75% Copper at Jasperoide Drilling on Deeper Targets Underway

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C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to provide an update on its drilling programs at the Jasperoide copper-gold skarnporphyry project in southern Peru. Results received for five of the ten outstanding drill holes included some of the highest copper grades reported on the project to date.

High grade oxide copper-gold mineralization was intersected in two holes drilled to test the up dip and lateral continuity of the enrichment zone defined at eastern Montaña de Cobre Zone. Results include:

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RETRANSMISSION: Mink Ventures Signs Letter of Intent to Aquire an 80% Interest in the Montcalm Ni-Cu-Co Project for Possible Qualifying Transaction

RETRANSMISSION: Mink Ventures Signs Letter of Intent to Aquire an 80% Interest in the Montcalm Ni-Cu-Co Project for Possible Qualifying Transaction

Mink Ventures Corporation (TSXV: MINK.P) ("Mink" or the "Company") is pleased to announce that it has entered into a Letter of Intent dated June 27, 2022 ("LOI") with Voltage Metals Corp. (CSE: VOLT) ("Voltage") with respect to an option to acquire an 80% interest in the Montcalm Ni-Cu-Co project (the "Transaction") which covers 38.8 sq. km and is located adjacent to Glencore's past producing Montcalm Mine which had historical production of approximately 3.9 million tonnes grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2011) The Montcalm project is located 60 km northwest of Timmins, Ontario and has excellent access and infrastructure.

Terms of the Option:

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Interra Copper Corp. Announces Project Update on its Thane Copper/Gold Property

Interra Copper Corp. Announces Project Update on its Thane Copper/Gold Property

(TheNewswire)

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Located in Quesnel Terrane, the Thane Property covers 206 square km.

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VOLTAGE COMPLETES DRILL PROGRAM at the ST. LAURENT Ni-Cu PROJECT and FLIES AIRBORNE VTEM SURVEY over the JERRY LAKE PROPERTY

VOLTAGE COMPLETES DRILL PROGRAM at the ST. LAURENT Ni-Cu PROJECT and FLIES AIRBORNE VTEM SURVEY over the JERRY LAKE PROPERTY

Voltage Metals Corp., ("Voltage" or the "Company") (CSE: VOLT) (OTC: VLTMF) is pleased to announce that it has completed a diamond drill program at the Company's 100% owned St. Laurent Nickel-Copper-Cobalt Project, located 160 km northeast of Timmins, Ontario . The drilling consisted of 2,460 metres in seven holes, with downhole geophysical surveys completed on six of the seven holes.  A total of 570 samples, representing 800 metres of core were split for analysis.  All samples have been shipped to the lab, with results expected periodically over the next eight weeks.

Voltage.Logo (CNW Group/Voltage Metals Corp.)

The St. Laurent Project has received minimal exploration activity since the initial work in the mid 1960's when nickel-copper mineralization was first identified in a limited number of shallow drill holes. Subsequent airborne geophysical surveys defined a strong electromagnetic (EM) anomaly with an associated bullseye magnetic response, both of which are coincident with the reported disseminated mineralized zone. Diamond drilling in 2008 and 2019 identified geological characteristics indicative of gabbro breccia/conduit hosted nickel mineralization similar to the Lynn Lake Deposit (28.4 million tons @ 0.91% Ni, 0.49% Cu) the Kenbridge deposit (7.5 million tonnes @ 0.58% Ni, 0.32% Cu), and the Montcalm Deposit (3.9 million tonnes @ 1.3% Ni, 0.67% Cu, 0.05 Co).

The recently completed drill program followed up on the results of the 2019 diamond drilling, where the highest nickel grades on the project were intersected with three separate intervals of >1.0% Ni, as well as the widest intersection ( 113.4 m ) of lower grade nickel mineralization, Table 1 . Nickel assays in conjunction with the associated sulphur results indicate a high nickel tenor 1 of 5% Ni for massive sulphides (35% S) in the magmatic system.  Two priority Borehole EM anomalies from the 2019 program and a deeper Heligeotem II Anomaly modelled from a 2007 Survey were also targeted in this drill program.

Table 1 – St. Laurent Diamond Drill Assay Results 2019

DDH
#

Year

From
m

To m

Width
m*

Ni %

Cu
%

Co
ppm

Au
ppb

Pt
ppb

Pd
ppb

S %

SL-19-01

2019

238.5

248.6

10.1

0.32

0.33

155.4

66.9

23.9

31.8

2.2

SL-19-01

2019

252.4

256.0

3.6

1.10

0.45

503.9

46.0

279.6

84.4

5.1

SL-19-01

2019

256.7

260.9

4.2

1.30

0.47

567.5

690.2

132.9

124.7

5.6

SL-19-01

2019

265.8

270.5

4.7

1.00

0.83

506.0

119.9

243.9

91.4

4.8

SL-19-03

2019

328.0

441.4

113.4

0.22

0.17

139.4

16.3

23.7

20.5

3.4

*Reported width represents core measurements as insufficient information available to determine true thickness.

Bob Bresee , CEO of Voltage stated "The St. Laurent Project represents a previously unrecognized Ni-Sulphide system with very limited past exploration work.  As we receive the borehole and assay results over the next while we are reminded that the Ontario Government recently announced ( March 17, 2022 ), a Critical Minerals Strategy for the coming 5 year period to focus on exploration and development of Ni, Cu, Co, Pt, Pd, the very metals specifically contained within the St. Laurent project. We look forward to reporting on the assay and geophysical results in the coming weeks."

Jerry Lake Property

A 285-line km Geotech VTEM survey has been completed on the Jerry Lake Project, situated 57 km northwest of the St. Laurent Project. The Jerry Lake gabbro represents the only sizeable gabbro body within the Burntbush Assemblage outside of the St. Laurent Gabbro. The Jerry Lake property has never been evaluated with an airborne EM survey, nor has any ground-based exploration been conducted. A well-defined glacial dispersal fan 2 of chalcopyrite and nickel suggests the unrecognized Ni-sulphide potential of the Jerry Lake Gabbro. CEO Bob Bresee commented "Jerry Lake is a very good opportunity for Voltage to evaluate an unexplored target with exploration features similar to our Montcalm and St. Laurent Projects. We expect to report the VTEM survey results over the next few weeks."

Voltage is a mineral exploration company with a highly experienced team focused on nickel and other battery metals exploration in the Canadian provinces of Ontario and Newfoundland . The Company looks to create shareholder value by aggregating and exploring projects that display sound geology and brand-new discovery potential. Voltage has a deep roster of management and key stakeholders, who are expert in the essential resource trifecta of exploration, operations and finance.

Qualified Person:

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Todd Keast , P.Geo., a Qualified Person as defined by NI 43-101.

References:

  1. Nickel Tenor is a common practice in magmatic nickel-copper exploration where the nickel vs S ratio is extrapolated to 100% sulphides (35% S), to estimate the grade of massive sulphide.  Nickel tenor does not provide certainty that massive sulphides will be discovered.
  2. Gao, C. 2015 Results of regional till sampling in the Detour and Burntbush area, northern Ontario ; Ontario Geological Survey,Open File Report 6297, 120p.
Forward Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Voltage Metals Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/28/c2389.html

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Victory Advances Smokey Lithium Exploration with Completed Ground Sample Program

Victory Advances Smokey Lithium Exploration with Completed Ground Sample Program

  • Victory's Exploration Team is engaged in a comprehensive effort to d to delineate and extend significant lithium mineralization on its Smokey Lithium Property
  • In response to drilling results, the Company has completed an extensive ground sampling program aimed at helping to develop a clear picture of the best potential drill locations for its next round of drilling
  • Based on results from its overall efforts, the Company anticipates a beneficial revision to its drilling application with the relocation of several holes, which will be an expedited process once undertaken

Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) ("Victory" or the "Company") is pleased to announce that the Company's exploration team has completed an extensive ground sampling program, building upon favourable drill results, aimed at guiding prime drill locations for its next round of drilling on the Company's Smokey Lithium Property in Nevada

The ground sampling program focused on sampling the Esmeralda Formation on and throughout the surrounding grounds of the Smokey Lithium property and has led to the Company locating a zone of higher values to the south and southwest. Mapping was done to locate controls on lithium clay deposition and locate clay beds, which have informed additional staking to protect the interests of Company.

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WESTERN COPPER AND GOLD ANNOUNCES POSITIVE FEASIBILITY ON CASINO

WESTERN COPPER AND GOLD ANNOUNCES POSITIVE FEASIBILITY ON CASINO

$2.3 billion After-Tax NPV (8%) at Base Case metal prices
After-Tax IRR 18.1% at Base Case metal prices
Cashflow over the first four years of $951 million per year at Base Case metal prices

Base Case development contemplates 27-year mine life
Base Case metal prices:  Cu: US$3.60 /lb, Au: US$1,700 /oz, Ag: US$22 /oz, Mo: US$14 /lb

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Fireweed Provides Update on Name Change to 'Fireweed Metals Corp.'

FIREWEED ZINC LTD. ("Fireweed" or the "Company") (TSXV: FWZ; OTCQB: FWEDF) is pleased to announce  as a follow-up to its news release dated June 21, 2022, the TSX Venture Exchange ("TSXV") has approved the change of name to " Fireweed Metals Corp. ".  The Company will begin trading under its new name on Thursday, June 30, 2022.  Fireweed will continue to trade under the same symbol ‘FWZ' on the TSX Venture Exchange and the number of shares outstanding will not change.

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

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