Conquest Resources Announces Engagement of Simone & Co LLP Chartered Professional Accountants

Conquest Resources Announces Engagement of Simone & Co LLP Chartered Professional Accountants

Conquest Resources Limited (TSXV: CQR) ("Conquest") is pleased to announce that it has engaged Simone & Co. LLP as auditors. Simone provides services to both private and public companies.

Conquest would like to thank McGovern Hurley LLP for their years of high-level professional service and wish them continuing growth and success for the future.

ABOUT CONQUEST

Conquest Resources Limited, incorporated in 1945, is a mineral exploration company that is exploring for base metals and gold on mineral properties in Ontario.

Conquest holds a 100% interest in the Belfast-TeckMag Project, located in the Temagami Mining Camp at Emerald Lake, Ontario, which is believed to have exceptional exploration upside for several deposit types including magmatic Copper-Nickel-Platinum Group Elements (Cu-Ni-PGE), Volcanogenic Massive Sulphides (VMS), Iron Oxide Copper Gold (IOCG), Iron hosted Gold, and Paleo-placer Gold. The Belfast- TeckMag Project is the Company's flagship property, evolved from the Golden Rose Property, which was initially acquired in December 2017, and significantly augmented through the acquisition of Canadian Continental Exploration Corp. ("CCEC") in October 2020, and subsequent additional claim staking and purchases in its adjacent Belfast Copper, TeckMag, DGC and JPC properties. Conquest now controls approx. 350 square kilometers of underexplored territory in the Temagami Mining Camp.

Conquest also holds a 100% interest in the Alexander Gold Property located immediately east of the Red Lake and Campbell mines in the heart of the Red Lake Gold Camp on the important "Mine Trend" regional structure. Conquest's property is almost entirely surrounded by Evolution Mining land holdings.

In addition, Conquest owns a 100% interest in the Smith Lake Gold Property of six patented claims and 181 staked mining claims to the north, west and south of the former Renabie Gold Mine in Rennie Township in northern Ontario, operated by Corona and Barrick that had reported gold production of over 1,000,000 ounces between 1947 and 1991 (Northern Miner March 4, 1991).

FOR FURTHER INFORMATION CONTACT:

Email: general@conquestresources.com
Website: www.conquestresources.com

Tom Obradovich
President & Chief Executive
416-985-7140

Forward-looking statements. This news release may include certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the completion of the Acquisition and the Consolidation, the release of escrowed funds, future cash on hand, potential mineralization, resources and reserves, exploration results, and future plans and objectives of Conquest, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Conquest's expectations are exploration risks detailed herein and from time to time in the filings made by Conquest with securities regulators. Neither the TSXV nor its Regulation Services Provider (as defined in the policies of TSXV) 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/111786

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Conquest Resources Enters into Agreement with VerAI Discoveries for AI Targeting on Belfast TeckMag Project

Conquest Resources Enters into Agreement with VerAI Discoveries for AI Targeting on Belfast TeckMag Project

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") has entered into a Royalty Purchase and Sale Agreement with VDI Resources LLC (VDI), a subsidiary of VerAI Discoveries Inc. (VerAI), an artificial intelligence (AI) powered mineral discovery generator, pursuant to which the Company agrees to grant to VDI a 1.5% net smelter return royalty on certain target areas with recommended drilling locations generated by VerAI utilizing its proprietary AI technology. The Company agrees to grant VDI an additional 1.5% NSR in return for funding a drill program for testing of the targets identified by VerAI on the Belfast TeckMag Project, a 350 sq. km. land package located northeast of Sudbury, Ontario.

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Conquest Continues Search for Critical Metals at Marr Lake PGE-Cu-Ni Property

Conquest Continues Search for Critical Metals at Marr Lake PGE-Cu-Ni Property

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") announces that from September 7th to 13th, 2022, Conquest completed a 419 line-km heliborne high-resolution magnetic survey covering the Marr Lake PGE-Cu-Ni Project situated 65 km southwest of Atikokan, Ontario. Prospectair Geosurveys Inc. was contracted to survey the Property with flight lines orientated N-S at 50 m spacings, and E-W tie lines were flown at 500 m spacings. The orientation of the survey was optimized to cover the interpreted E-W orientated Marr Lake Intrusive, as well as to cover any other structural features that may control the potential emplacement of other similar types of intrusions and rare-element pegmatites that are a second deposit type being explored for on the Marr Lake PGE-Cu-Ni Property.

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Conquest Resources Options Golden Rose Project to Atha Energy Corp.

Conquest Resources Options Golden Rose Project to Atha Energy Corp.

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") announces that it has entered into an agreement whereby it has granted an option to Atha Energy Corp.("Atha") to acquire up to 100% undivided interest in mineral leases known as the Golden Rose Property located in the Sudbury Mining District, Ontario. To fully execute the option, Atha must issue an aggregate of 1,500,000 shares of Atha and make cash payments of $1,000,000.00 over a period of 36 months. Atha has also agreed to Conquest a 1.0 % net smelter return on the Golden Rose Project.

ABOUT CONQUEST

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Conquest Options Marr Lake to Add to Critical Metals Portfolio

Conquest Options Marr Lake to Add to Critical Metals Portfolio

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") is pleased to announce it has entered into an option agreement (the "Agreement") to acquire 100% of the Marr Lake Cu-Ni-PGE Property ("Property"). The Property is a grass roots property that is prospective for Cu-Ni-PGE and Li mineralization in an area that has seen limited exploration in the past.

The Property is located 70 km southwest of Atikokan, Ontario, and is contiguous with Green Technology Metals Wisa Lake Property that hosts Li-Ta bearing pegmatite dyke swarms that have been mapped over a strike length of 1.5 km, with widths of up to 20 m having been reported. President and CEO Tom Obradovich stated, "The Marr Lake Project underlines Conquests focus on critical metals with potential for Cu-Ni-PGE and Lithium. Our Nipigon Basin Project has Uranium in addition to NI-Cu-PGE targets and our Temagami Belfast Project is currently being explored for Ni-Cu PGE as well as IOCG potential."

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Conquest Reports 2022 First Quarter Results and Signs $200K OJEP Funding Agreement

Conquest Reports 2022 First Quarter Results and Signs $200K OJEP Funding Agreement

Conquest Resources Limited (TSXV: CQR) ("Conquest") reports its first quarter results for the three months ended March 31, 2022.

This news release should be read in conjunction with the Company's unaudited interim consolidated financial statements and the associated management's discussion and analysis (MD&A) for the three months ended March 31, 2022 which are available on the Company's website at www.conquestresources.com or under the Company's profile at www.sedar.com.

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Hudbay and Multiple Labor Unions Announce Project Labor Agreement Letter of Intent to Support Copper World Mine Project

Copper World, Inc. jointly announces the signing and acceptance of a Letter of Intent with several unions, including The International Brotherhood of Boilermakers, Iron Ship Builders, Forgers and Helpers Local 627; The Laborers International Union of North America Local 1184; and The United Brotherhood of Carpenters and Joiners of America Local 1912. The letter outlines the intention to enter into a mutually acceptable Project Labor Agreement for the construction of the Copper World Mine in Pima County, Arizona .

Hudbay Minerals

"We recognize and acknowledge the skill and professionalism of local construction unions," said Javier Del Rio , Hudbay's SVP of South America and the USA , "Recognizing how substantial the construction of this project will be, we are delighted to have our construction team include their trained and able workforce."

"Boilermakers Local 627 has been a chartered union in Arizona since 1937. The skills and abilities of Boilermakers have supported heavy industrial projects in Arizona and have supported generations of construction workers with good wages and benefits. Having a Project Labor Agreement on this project will ensure a local workforce is trained and benefits from this project remain in our community. Local 627 looks forward to working to build the Copper World Mine," said Jacob Evenson , Business Manager of Boilermakers Local 627.

" Arizona's population is ever growing and projects such as the Copper World Mine are essential to working families. The Copper World Mine project will provide local jobs, higher wages and benefits for workers and their families. We are delighted that Copper World Inc is committed to investing in our community and in union labor. Union labor guarantees fair wages and provides skilled workers committed to building quality projects that are built to last," said Fabian Sandez , President of Carpenters Local Union 1912.

"Copper is key to a transition to a clean energy future. The Copper World Mine will not only help us transition to that future but having a PLA on this project will ensure our workers have a future in Southern Arizona . Our Laborers are the best trained workers in the construction industry and are experts at building out mining operations. We look forward to getting to work building this mine and ensuring it is a jewel in the crown of Arizona ," said Michael Dea , Business Manager of Laborers Union Local 1184.

The Copper World Mine, located 19 miles south of Tucson , is one of the largest non-government-funded construction projects in Southern Arizona history and will be a crucial part of Arizona's contributions to materials needed for the green economy. The Copper World project is expected to generate significant benefits for the community and local economy in Arizona . Over the anticipated 20-year life in the proposed first phase of operation, the company expects to contribute more than $850 million in U.S. taxes, including approximately $170 million in taxes to the state of Arizona . Hudbay also expects Copper World to create more than 400 direct jobs and up to 3,000 indirect jobs in Arizona . Copper World will offer competitive wages and benefits and the company intends to engage in partnerships with local apprenticeship readiness programs and community-based workforce training programs across the skilled and technical levels to fill and maintain all positions. The project is also expected to generate approximately $250 million in property taxes over the 20-year mine life.

Copper World will be a key contributor to the domestic U.S. supply chain with the company's intention to produce "Made in America" copper cathode by building a concentrate leach processing facility in the fourth year of operations. Local production of copper cathode would reduce the operation's total energy requirements, and lower greenhouse gas and sulfur emissions by eliminating overseas shipping, smelting and refining activities relating to processing copper concentrate. Copper World is an attractive copper growth project for Hudbay and its stakeholders, which will bring many benefits to the community and local economy in Arizona .

About Hudbay
Hudbay (TSX, NYSE: HBM) is a copper-focused mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada , Peru and the United States .

Hudbay's operating portfolio includes the Constancia mine in Cusco ( Peru ), the Snow Lake operations in Manitoba (Canada ) and the Copper Mountain mine in British Columbia (Canada ). Copper is the primary metal produced by the company, which is complemented by meaningful gold production. Hudbay's growth pipeline includes the Copper World project in Arizona ( United States ), the Mason project in Nevada ( United States ), the Llaguen project in La Libertad ( Peru ) and several expansion and exploration opportunities near its existing operations.

The value Hudbay creates and the impact it has is embodied in its purpose statement: "We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities." Hudbay's mission is to create sustainable value and strong returns by leveraging its core strengths in community relations, focused exploration, mine development and efficient operations.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/hudbay-and-multiple-labor-unions-announce-project-labor-agreement-letter-of-intent-to-support-copper-world-mine-project-302165292.html

SOURCE Hudbay Minerals

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The proceeds from the Offering will be used for working capital and the Offering is subject to acceptance by the TSX Venture Exchange. Finder's fees may be payable in accordance with the policies of the TSX Venture Exchange and all securities to be issued will be subject to a four month hold period in accordance with applicable securities laws.

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