COMET LITHIUM CORPORATION ANNOUNCES RESIGNATION OF MICHAEL FERREIRA

COMET LITHIUM CORPORATION ANNOUNCES RESIGNATION OF MICHAEL FERREIRA

 Comet Lithium Corporation (TSXV: CLIC) (" Comet Lithium " or the " Corporation ") today announced the resignation of Mr. Michael Ferreira effective July 28, 2023. Mr. Ferreira had been serving as the President and Chief Executive Officer of the Corporation since October 20, 2016 until he agreed to temporarily step down from his role on June 12, 2023 .

Since Mr. Ferreira's step down, the Board of Directors has worked closely with Mr. Sylvain Champagne, the Interim President and Chief Executive Officer, to actively manage and continue the Corporation's activities in the normal course.

The Board of Directors has commenced a comprehensive search to identify a permanent CEO or a replacement interim CEO to manage and develop the Corporation, including guiding it through its future exploration efforts.

About Comet Lithium Corporation

Comet Lithium Corporation is a dynamic lithium-focused exploration company active in the prolific James Bay Lithium District of Quebec . Comet Lithium's flagship asset is its 100%-owned Liberty Property contiguous to Winsome Resources' Adina deposit. Comet Lithium is advancing Liberty to first-ever drilling in 2023.

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 the release.

SOURCE Comet Lithium Corp.

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COMET LITHIUM COMMENCES GRAVITY SURVEY AT LIBERTY

COMET LITHIUM COMMENCES GRAVITY SURVEY AT LIBERTY

Comet Lithium Corporation (TSXV: CLIC) ( FRANKFURT : 8QY) ("Comet Lithium" or the "Corporation") is pleased to announce the commencement of a ground geophysical gravity survey at its 100%-owned Liberty Property in James Bay Québec, Canada . The exploration crew is in place to complete the gravity survey by mid November. Insights generated from the gravity survey will assist the upcoming drill program by generating strategic exploration targets. The gravity survey will optimize pegmatite drill targets across Liberty for phase one. This survey will complement the recently completed field and soil sample program.

Figure 1: Planned 2023 Liberty ground gravity survey (CNW Group/Comet Lithium Corp.)

GRAVITY SURVEY APPROACH:

The ground gravity survey will be carried out by Val-d'Or , Québec based Géophysique TMC using a Scintrex CG-6. The gravity survey will cover approximately 1.7 km 2 following a 20m x 100m grid pattern for a total of 778 stations. This gravity survey is exploratory and aims to delimit the extents of the Winsome Resources Adina pegmatite trend to the east inside the Liberty Property. Comet Lithium will use the data from the gravity survey to better interpret the subsurface geology and structures of the Liberty Property, and detect potential pegmatite contacts in amphibolitized basalt.

Mr. Mansoor Jan , Comet Lithium Interim President & CEO, commented: "The gravity data will greatly assist Comet Lithium's technical team with completing drill targets for the inaugural drill program to validate the Adina trendline at Liberty. This gravity survey adds another building block to refine the targets and may further validate the evidence that Liberty and Adina together may potentially be part of a similar corridor".

Comet Lithium has engaged a Perth -based consultancy to assist in the interpretation of data from the gravity survey and drill target generation, as well as provide on-going technical guidance.

The Company also wishes to draw attention to Azimut Exploration Inc.'s recent Lithium discovery, where they reported significant intercepts of spodumene pegmatites from the maiden core drilling program on the Galinée Property which is on trend and very close to Comet's Liberty Property.

From Azimut's October 23, 2023 : "All drill holes carried out so far intersect spodumene pegmatites, currently recognized over a distance of 400 metres laterally. Intercepts of up to 78.4 metres in core length were observed in the first four (4) holes totalling 1,252.8 metres. Additional, prospecting results from a mineralized boulder field in the same area (see press release of September 6, 2023 ) have yielded grades up to 4.09% Li2O."

Source: https://www.azimut-exploration.com/site/assets/files/7138/azimut_pr_20231023.pdf

Qualified Person

Martin Demers , P. Geo (ogq #770, APEGNB L5980, PGO #3785), registered in the Provinces of Québec, New-Brunswick , and Ontario a consultant to Comet Lithium, is a qualified person under National Instrument 43‑101 - Standards of Disclosure for Mineral Projects. He has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein.

About Comet Lithium Corporation

Comet Lithium is a dynamic lithium-focused exploration company active in the prolific James Bay District of Quebec . Comet Lithium's flagship asset is its 100%-owned Liberty Property contiguous to Winsome Resources' Adina deposit, a growing high-grade discovery. Comet Lithium is advancing Liberty to first-ever drilling.

Forward-Looking Statements

This news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Comet Lithium, or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including the exploration programs, the results therefor and development (including results from the geophysics gravity survey program, the identification of drill targets and future drill program and other exploration programs on the Liberty Property,  or if it does so, what benefits Comet Lithium will derive from the Liberty Property and any such exploration programs. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Comet Lithium's control. These risks, uncertainties and assumptions include, but are not limited to the risks relating to the capital market conditions, risk that the Company might not be able to obtain the capital resources necessary to complete a drill program or any exploration program on the Liberty Property, as well those risks, uncertainties and assumptions described under "Financial Instruments" and "Risk and Uncertainties in Comet Lithium's Annual Report for the fiscal year ended December 31, 2022 , a copy of which is available on SEDAR+ at www.sedarplus.ca , and could cause actual events or results to differ materially from those projected in any forward-looking statements. Comet Lithium does not intend, nor does it undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

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 the release .

Figure 2: Planned 2023 Liberty ground gravity survey and interpreted prospective corridor over government regional airborne magnetic map (reduced to pole tilt angle filter image). (CNW Group/Comet Lithium Corp.)

SOURCE Comet Lithium Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2023/24/c8724.html

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COMET LITHIUM TO COMMENCE FIELD PROGRAM AT TROILUS EAST

COMET LITHIUM TO COMMENCE FIELD PROGRAM AT TROILUS EAST

Comet Lithium Corporation (TSXV: CLIC) ( FRANKFURT : 8QY) (" Comet Lithium" or the "Company" ) is pleased to announce that it will be commencing a lithium focused exploration program at the 100% owned Troilus East property, located in Eeyou-Istchee Baie James, Québec. The past exploration program completed at Troilus did not take lithium into consideration but it succeeded in identifying lithium anomalies. The new work program will target these areas for pegmatite prospecting.

The Troilus property was initially explored in 2020 for gold and copper, however, upon review of the database and results obtained from the program, five high priority target areas were identified for Lithium potential. More importantly, all five targets follow a northeast alignment along the south-eastern flank of the Parker granite intrusion over a strike length of about 20 kilometres. Further, the targets generated from the historical results are based on a collection of samples that carried lithium values up to 248 ppm.

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COMET LITHIUM RECEIVES DRILLING PERMIT AND LIDAR SURVEY RESULTS AT LIBERTY

COMET LITHIUM RECEIVES DRILLING PERMIT AND LIDAR SURVEY RESULTS AT LIBERTY

Comet Lithium Corporation (TSXV: CLIC) ( FRANKFURT : 8QY) (" Comet Lithium" or the "Company" ) is pleased to announce that it has received the drilling permit that was submitted on Sept 20, 2023 . The Company also announces that it has received the results of the LIDAR survey and now has approval to begin the inaugural heliborne drill program on its 100%-owned Liberty property located in James Bay Québec.

The Liberty property is located adjacent to Winsome Resources Adina Lithium project where Winsome has recently discovered a 1.6 kilometres lithium bearing pegmatite system trending eastward (see Winsome news dated January 24, 2023 ). Comet Lithium wants to highlight a possible structural connection between the Winsome Adina project and the Liberty property.

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COMET LITHIUM SUBMITS PERMIT TO DRILL AT LIBERTY

COMET LITHIUM SUBMITS PERMIT TO DRILL AT LIBERTY

Comet Lithium Corporation (TSXV: CLIC) (" Comet Lithium" or the "Company" ), is pleased to announce that it has initiated the planning and permitting process of its first drill program on its 100%-owned Liberty property located in James Bay Québec, adjacent to Winsome Resources' Adina project.

On August 28, 2023 , the Company announced the identification of numerous pegmatite outcrops and glacial boulders on the Liberty property. Following phase one of the ground exploration program, the extension of the Adina trend was also covered with a soil survey (C-horizon). A total of 272 samples were taken with an average spacing of ~100 metres between samples, to mitigate the challenges posed by the scarcity of outcrops and the presence of lakes.

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COMET LITHIUM APPOINTS PAUL BLATTER TO THE BOARD OF DIRECTORS

COMET LITHIUM APPOINTS PAUL BLATTER TO THE BOARD OF DIRECTORS

Comet Lithium Corporation (TSXV: CLIC) ("Comet Lithium" or the "Company") today announced the appointment of Mr. Paul Blatter to the Board of Directors of the Company.

Mr. Blatter currently holds the position of Senior Advisor - Strategic Development at Agnico-Eagle, where he is assisting in evaluating projects and supply chains across multiple commodities. Mr. Blatter started his career in 1999 at Agnico-Eagle, in their gold and base metals operations. He was a part of the extensive process development and led the start-up of the Lapa process plant. Mr. Blatter has been involved with the business' strategic planning, research and development activities in base and precious metals, as well as rare earth experience with multiple successful technology transfers into existing plants, participating in project evaluation and acquisitions with a number of senior exploration mining and exploration companies. Mr. Blatter holds a Bachelor's degree in metallurgical engineering from McGill University .

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Grande Portage Announces Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption

Grande Portage Announces Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption

Not for distribution to United States newswire services or for dissemination in the United States.

Grande Portage Resources Ltd. (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) ("Grande Portage" or the "Company") is pleased to announce a non-brokered private placement of up to 10,000,000 units (each, a "Unit") at a price of C$0.30 per Unit for aggregate gross proceeds of up to C$3,000,000 (the "Offering"). The Offering is being carried out pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions (the "LIFE Exemption") to purchasers resident in Canada, and in jurisdictions outside of Canada in compliance with the applicable securities laws of those jurisdictions. The Company has an offering document (the "Offering Document") related to the Offering that can be accessed under Grande Portage's profile at www.sedarplus.ca and on the Company's website at https:grandeportage.com. Prospective investors should read the Offering Document before making an investment decision

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Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024

Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024

(TheNewswire)

Element79 Gold Corp.

Element79 Gold Corp invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation on the Emerging Growth Conference.

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Presenting on the Emerging Growth Conference 76 Day 1 on October 30 Register Now

Presenting on the Emerging Growth Conference 76 Day 1 on October 30 Register Now

EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 76 th Emerging Growth Conference on October 30 & 31, 2024.

The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth.

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Pinnacle Signs Letter of Intent for Option to Acquire High-Grade Gold-Silver Project in Sierra Madre Trend of Mexico.

Pinnacle Signs Letter of Intent for Option to Acquire High-Grade Gold-Silver Project in Sierra Madre Trend of Mexico.

(TheNewswire)

Pinnacle Silver and Gold Corp.

Highlights:

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Pinnacle Signs Letter of Intent for Option to Acquire High-Grade Gold-Silver Project in Sierra Madre Trend of Mexico

Pinnacle Signs Letter of Intent for Option to Acquire High-Grade Gold-Silver Project in Sierra Madre Trend of Mexico

(TheNewswire)

Pinnacle Silver and Gold Corp.

Highlights:

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Lode Gold Submits Application for Exchange Approval to Form Spin Co, Gold Orogen - a Yukon  & New Brunswick Exploration Company

Lode Gold Submits Application for Exchange Approval to Form Spin Co, Gold Orogen - a Yukon & New Brunswick Exploration Company

Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce that it has submitted application to the TSX Venture exchange for approval of the Spin-out of Gold Orogen, as described on its August 27, 2024 and October 22, 2024 news release. The details regarding the Lode Gold shareholder's meeting that is expected to be held in early December 2024 will follow with an information circular to be filed by early November 2024. Lode Gold will seek the approval from shareholders on the Plan of Arrangement, and upon Exchange approval, set the Record Date for distribution of the shares of the new company to shareholders of Lode Gold.

The Company also announces that pursuant to a director resolution passed on July 26, 2024, and a special resolution passed by shareholders of the Company on July 6, 2023, the Company has consolidated its capital on a ten for one (10:1) basis. Post-consolidation, the Company's capitalization composes of unlimited common shares with no par value, of which 38,032,970 shares are issued and outstanding.

Effective at the opening, Tuesday October 29, 2024, the common shares of Lode Gold Resources Inc. will commence trading on the TSX Venture Exchange on a consolidated basis. The Company is classified as a mining company.

Name of Company: No change.
Escrow shares: None
Transfer agent: Odyssey Trust Company.
Trading symbol: LOD (unchanged)
CUSIP number: 540196 20 1 (new)

"The Company has been contemplating share consolidation for sometime. With significant milestones achieved in the last 12 months and more upcoming catalysts, it makes strategic sense now to execute the consolidation. A key catalyst upcoming in a few months is share distribution of Gold Orogen to shareholders of Lode Gold, a significant step in unlocking value.

With a tight capital structure we can more effectively attract new investors. Of note, four shareholders hold over 60% shares of 38 million post-consolidated shares." states Wendy T. Chan, CEO and Director of Lode Gold.

About Lode Gold

Lode Gold (TSXV: LOD) is an exploration and development company with projects in highly prospective and safe mining jurisdictions in Canada and the United States.

Its Golden Culvert and WIN Projects in Yukon, covering 99.5 km2 across a 27-km strike length, are situated in a district-scale, high-grade-gold-mineralized trend within the southern portion of the Tombstone Gold Belt. Gold deposits and occurrences within the Belt include Fort Knox, Pogo, Brewery Creek and Dublin Gulch, and Snowline Gold. A NI 43-101 technical report entitled "Technical Report on the WIN-Golden Culvert Property for Lode Gold" with an effective date of May 15, 2024, summarizing the work to date on these properties is available on the Company's profile on SEDAR+ (www.sedarplus.ca) and on the Company's website (www.lode-gold.com).

In New Brunswick, Lode Gold has created one of the largest land packages with a 42km strike within 420km2. Its McIntyre Brook Project, New Brunswick, covering 111 km2 and a 17-km strike length in the emerging Appalachian/Iapetus Gold Belt, is surrounded by Puma Exploration's Williams Brook Project (5.55 g/t Au over 50m)1 and is hosted by orogenic rocks of similar age and structure as New Found Gold's Queensway Project. The Fancamp's Riley Brook is a 309 km2 package covering a 25 km strike of Wapske formation with its numerous felsic units. Previous exploration efforts have focused on just VMS-style mineralization hosted in the felsic intrusions, and mostly focused on the base metals - the Company is the first to focus on and assay for gold. This transaction will close upon Exchange's acceptance.

The Company is also advancing its Fremont Gold development project in the historic Mother Lode Gold Belt of California where 50,000,000 oz of gold has been produced. Fremont, located 500km north of Equinox Gold's Castle Mountain and Mesquite mines, has a Preliminary Economic Assessment(" PEA") with an after-tax NPV (5%) of USD $217M, a 21% IRR, 11-year LOM, averaging 118,000 Oz per annum at USD $1,750 gold. A sensitivity to the March 31, 2023, PEA at USD $2,000/oz gold gives an after-tax NPV (5%) of USD $370M and a 31% IRR over an 11-year LOM. The project hosts an NI 43-101 resource of 1.16 MOz at 1.90 g/t Au within 19.0 MT Indicated and 2.02 MOz at 2.22 g/t Au within 28.3 MT Inferred. The MRE evaluates only 1.4 km of the 4 km strike length of the Fremont property which features five gold-mineralized zones. Significantly, three step-out holes at depth hit the mineralized structure, typical of orogenic deposits that often occur at depth. Fremont is located on 3,351 acres of 100% owned private land in Mariposa, the original Gold Rush County, and is 1.5 hours from Fresno, California. The property has year-round road access and is close to airports and rail.

Please refer to the Fremont Gold project NI 43-101 PEA technical report dated March 31, 2023, which is available on the Company's profile on SEDAR+ (www.sedarplus.ca) and on the Company's website (www.lode-gold.com). The PEA technical report has been reviewed and approved by independent "Qualified Persons" Eugene Puritch, P.Eng., FEC, CET, and Andrew Bradfield, P.Eng. both of P&E, and Travis Manning, P.E. of KCA.

QUALIFIED PERSON STATEMENT

The scientific and technical information contained in this press release has been reviewed and approved by Jonathan Victor Hill, Director, BSc (Hons) (Economic Geology - UCT), FAusIMM, and who is a "qualified person" as defined by NI-43-101.

ON BEHALF OF THE COMPANY

Wendy T. Chan, CEO & Director

Information Contact

Winfield Ding
CFO
info@lode-gold.com
+1-416-320-4388

Kevin Shum
Investor Relations
kevin@lode-gold.com
+1 (647) 725-3888 ext. 702

Cautionary Note Related to this News Release and Figures

This news release contains information about adjacent properties on which the Company has no right to explore or mine. Readers are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company's properties.

Cautionary Statement Regarding Forward-Looking Information

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.

All statements, trend analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding the anticipated use of proceeds from the Special Warrant financing, additional proceeds from the exercise of the warrants underlying the Special Warrants, and the receipt of final acceptance from the TSX Venture Exchange with respect to the transactions, are forward-looking statements. Although Lode Gold believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Lode Gold can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in Lode Gold's periodic filings with Canadian securities regulators, and assumptions made with regard to: the ability of Lode Gold to obtain final acceptance from the TSX Venture Exchange with respect to the transactions; that the Company will be able to use the proceeds of the Special Warrant financing as anticipated; and the ability of the Company to continue with its stated business objectives and its ability to obtain required approvals and raise additional capital to proceed. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Important factors that could cause actual results to differ materially from expectations include risks associated with the business of Lode Gold and Fancamp; risks related to the Company's ability to obtain final acceptance from the TSX Venture Exchange with respect to the transactions; the risk that the use of proceeds from the Special Warrant financing may differ from management's expectations; and other risk factors as detailed from time to time and additional risks identified in the Companies' filings with Canadian securities regulators on SEDAR+ in Canada (available at www.sedarplus.ca). Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.

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