Base Metals

Emerita Intersects 25.1 Meters Grading 0.3% Copper, 1.5% Lead, 6.0% Zinc, 0.74 G/T Gold and 82.0 G/T Silver at La Romanera Deposit, Awards Contract to Prepare Independent Resource Estimate

Emerita Intersects 25.1 Meters Grading 0.3% Copper, 1.5% Lead, 6.0% Zinc, 0.74 G/T Gold and 82.0 G/T Silver at La Romanera Deposit, Awards Contract to Prepare Independent Resource Estimate

Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") is pleased to announce additional assay results from the 2022 delineation drilling at the La Romanera Deposit at its wholly owned Iberian Belt West project ("IBW" or the "Project"). IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth.

Emerita has received assay results for 7 additional drill holes from the 2022 delineation drilling at the La Romanera Deposit. Presently, there are 14 drills on La Romanera deposit delineation and 1 rig continues to drill at La Infanta. Six drilling companies are engaged in the program. The Company has currently completed 100 drill holes at La Romanera, with another 14 in progress. At La Infanta, 77 drill holes have been completed to date and 1 hole is in progress. A video of our 14 drill rigs operating on La Romanera deposit can be seen at the link below:

https://www.youtube.com/watch?v=xfgN9IfqQPw

According to David Gower, P.Geo, CEO of Emerita, "The Company is planning to complete the maiden NI 43-101 Technical Report and Mineral Resource estimate for IBW around the end of Q1 or early Q2 2023. We expect to lock in the databases for both La Romanera and La Infanta deposits for this estimate between January 31 and February 15, 2023 so the resource modeling can proceed. We plan to complete approximately 35 more holes by that time, most of these are short holes targeting the upper part of the deposit or specific areas where drill spacing should be improved. It is expected both deposits will remain open for further expansion when we lock the database for this estimate."

Emerita has awarded the contract to complete the independent mineral resource estimate and Technical Report to Wardell Armstrong International ("WAI"). WAI is a wholly owned subsidiary of Wardell Armstrong LLP, a British multidisciplinary Environmental, Engineering and Mining consultancy, first established in 1837, and now operating from 13 offices in the UK and internationally. WAI has a strong client list, including companies and organisations from the private and public sectors, as well as many major financial institutions. WAI has been involved in multiple LSE Main Board and AIM listings as well as NI 43-101 Technical Reports for TSX and Competent Person's Reports for ASX listed companies. WAI has a long track record of providing high quality technical services to the mining industry worldwide and has significant experience with deposits and operations of the Iberian Pyrite Belt over the last 30 years.

Assay results have been received from 7 drill holes (LR016, LR040, LR044, LR046, LR047, LR052 and LR057) at the La Romanera deposit (Figures 1, 2 and 3 and Table 1). These intercepts are located on the east and west edges of the footprint of the historical boreholes, between -100 and -250 m vertical elevation.

Drill Hole LR016: The Upper Lens was intersected at 260.7 m down the hole and comprises 3.8 m of stockwork mineralization grading 0.2 % Cu; 3.2 % Pb; 0.6 % Zn; 1.08 g/t Au and 123 g/t Ag. The Lower Lens was intercepted at 288.0 m, 23 m below the Upper Lens and encountered 40.2 m of massive sulphide mineralization grading 0.3% Cu; 1.5 % Pb; 4.3 % Zn; 1.36 g/t Au and 75.5 g/t Ag, including 7.0 m grading 0.3 % Cu; 2.6 % Pb; 5.9 % Zn; 2.78 g/t Au and 110.5 g/t Ag.

Drill Hole LR040: The Lower Lens was intercepted at 485.4 m down hole, about 350 m below surface. Mineralization is characterized by massive sulphide, primarily pyrite and encountered 20.6 m grading 0.3 % Cu; 1.0 % Pb; 0.6 % Zn; 1.54 g/t Au and 62.3 g/t Ag.

Drill Hole LR044: The Upper Lens was intercepted at 288.3 m down the hole. It intercepted 4.4 m grading 0.7 % Cu; 6.1 % Pb; 9.2 % Zn; 2.14 g/t Au and 207.3 g/t Ag. This hole also intercepted the Lower Lens, which comprised primarily massive pyrite with low base and precious metal content.

Drill Hole LR046: The first intercept for hole LR046 is located approximately 250 m vertically below surface. The mineralization was encountered at 308.2 m down the hole comprising 7.5 m of massive sulphide grading 0.7 % Cu; 0.5 % Pb; 0.4 % Zn; 2.24 g/t Au and 132.0 g/t Ag. This would correspond to the Upper Lens. The Lower Lens appears 3.7 m after the Upper Lens. It intercepted 22.2 m of massive sulphide mineralization grading 1.0 % Cu; 0.45 g/t Au and 72.0 g/t Ag. 18.2 m below the Lower Lens, the hole intercepts 2.2 m of stockwork mineralization grading 1.4 % Cu; 0.5 % Pb; 1.6 % Zn; 0.82 g/t Au and 37.9 g/t Ag.

Drill Hole LR047: This hole intercepts the Lower Lens only. The hole encountered 31.6 m of sulphide mineralization at 307 m down the hole. The most abundant mineral is pyrite. The intercept returned 0.2 % Cu; 0.7 % Pb; 3.9 % Zn; 0.39 g/t Au and 46.0 g/t Ag.

Drill Hole LR052: This hole encountered two stockwork zones with sub economic grades, at 360.2 m and 374.6 m. the first stockwork zone is 6.3 m grading 0.6 % Cu; 0.51 g/t Au and 28.6 g/t Ag. The second stockwork zone is 4.2 m grading 0.9 % Cu; 0.32 g/t Au and 8.5 g/t Ag.

Drill Hole LR057: The Upper Lens was intersected at 301.4 m down the hole and comprises 26.0 m grading 0.3 % Cu; 2.2 % Pb; 0.4 % Zn; 1.71 g/t Au and 204.8 g/t Ag, including 7.6 m grading 0.2 % Cu; 4.7 % Pb; 1.0 % Zn; 1.84 g/t Au and 277.1 g/t Ag . The Lower Lens was intercepted at 328.8 m, 1.4 m below the Upper Lens and encountered 25.1 m grading 0.3 % Cu; 1.5 % Pb; 6.0 % Zn; 0.74 g/t Au and 82.0 g/t Ag, including 6.6 m grading 0.3 % Cu; 2.6 % Pb; 9.7 % Zn; 0.89 g/t Au and 125.1 g/t Ag.

221220 Fig 1

Figure 1: Plan map showing drill hole locations

View Figure 1 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/5c43f75a-4a32-4c1f-8109-f0828dd1bad4


221220 Fig 2

Figure 2: Vertical Longitudinal projection of the Upper Lens at the La Romanera Deposit

View Figure 2 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/559875e2-88c1-45ea-83f7-4d0ae7d34c2e


221220 Fig 3

Figure 3: Vertical Longitudinal projection of the Lower Lens at La Romanera Deposit

View Figure 3 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/4fe0a7ef-58ce-4e68-aef0-ce18d3692505



DDH Easting Northing Elevation azimuth dip depth
(m)
FROM TO Width
(m)
Cu_% Pb_% Zn_% Au_g/t Ag_g/t
LR016 646748 4172458 152 181 -74 337.0 260.7 264.5 3.8 0.2 3.2 0.6 1.08 123.7
LR016 288.0 328.2 40.2 0.3 1.5 4.3 1.36 75.5
incl. 288.0 295.0 7.0 0.3 2.6 5.9 2.78 110.5
LR040 646716 4172736 146 200 -53 512.6 485.4 506.0 20.6 0.3 1.0 0.6 1.54 62.3
LR044 646660 4172585 152 196 -53 356.4 288.3 292.7 4.4 0.7 6.1 9.2 2.14 207.3
LR046 646660 4172585 152 196 -60 386.0 308.2 315.7 7.5 0.7 0.5 0.4 2.24 132.0
LR046 319.4 341.6 22.2 1.0 0.1 0.0 0.45 72.0
LR046 359.8 362.0 2.2 1.4 0.5 1.6 0.82 37.9
LR047 646845 4172507 154 198 -59 360.5 307.0 338.5 31.6 0.2 0.7 3.9 0.39 46.0
LR052 646660 4172585 152 198 -65 412.7 360.2 366.5 6.3 0.6 0.1 0.1 0.51 28.6
LR052 374.6 378.8 4.2 0.9 0.1 0.0 0.32 8.5
LR057 646845 4172507 154 199 -65 372.0 301.4 327.4 26.0 0.3 2.2 0.4 1.71 204.8
incl. 319.0 326.6 7.6 0.2 4.7 1.0 1.84 277.1
LR057 328.8 353.8 25.1 0.3 1.5 6.0 0.74 82.0
incl. 343.9 350.5 6.6 0.3 2.6 9.7 0.89 125.1

Table 1: Drill hole data

Quality Assurance/Quality Control

Drilling at La Romanera is HQ size and core is placed into core trays at the drill site and transported directly from the site to Emerita's coreshack (15KM) from La Romanera and (8KM) from La Infanta. Once the cores are received at Emerita's coreshack they are photographed and geotechnical logging is performed. Geological, mineralogical and structural logging follows and mineralized zones are identified. The samples are marked every 1m or less, and respecting lithological contacts, with most of the samples 1.0m long. The zone immediately above and below the mineralized zones are also sampled. Core samples are sawed in half and half of the core is returned to the core tray for future reference. Once the core samples are cut, bagged and tagged, they are shipped to the ALS laboratory in Seville by Emerita personnel where sample preparation is done. In Seville, ALS performs the mechanical preparation of the samples and then the pulps are sent to ALS Ireland (ICP) and ALS Romania (fire assay). The analysis at ALS Lab corresponds to the ME-ICPore (19 elements) package, together with the Au-AA23 fire assay (Gold). ALS is independent of Emerita.

10% of the analyzed samples correspond to control samples (fine blanks, coarse blanks, high, medium and low grade standards). In addition, 10% of pulps are reanalyzed at a second independent certified laboratory (AGQ Lab Sevilla). When the analysis is completed, the certificates are received from the laboratory and the QA/QC protocol identifies any deviation or anomaly in the results and the entire batch is re-assayed in such case. Once the data is approved by the QA/QC protocol assays are entered digitally directly into the database.

Qualified Person

The scientific and technical information in this news release has been reviewed and approved by Mr. Joaquin Merino, P.Geo, President of the Company and a Qualified Person as defined by NI 43-101 of the Canadian Securities Administrators.

About Emerita Resources Corp.

Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company's corporate office and technical team are based in Sevilla, Spain with an administrative office in Toronto, Canada.

For further information contact:

Joaquin Merino
+34 (628) 1754 66 (Spain)

Vincent Chen
+1 778 990 9433 (Toronto)
info@emeritaresources.com

Cautionary Note Regarding Forward-looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, the mineralization of the IBW Project; the Company's drill program; the timing of assay results; the prospectivity of the Project; the timing and ability of the Company to produce an NI 43-101 compliant mineral resource estimate and the Company's future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Emerita, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Emerita has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Emerita does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


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Emerita Announces Closing of $20 Million Bought Deal Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Emerita Resources Corp. (" Emerita " or the " Company ") (TSXV: EMO) is pleased to announce that it has closed its previously announced bought deal private placement of units of the Company (the " Units ") pursuant to which the Company issued 18,182,500 Units at a price of $1.10 per Unit (the " Offering Price ") for aggregate gross proceeds of $20,000,750 (the " Offering "), which included the full exercise of the Underwriters' option to purchase additional Units. The Offering was led by Clarus Securities Inc. and Research Capital Corporation, as co-lead underwriters and joint bookrunners, on behalf of a syndicate of underwriters (collectively, the " Underwriters ") that included iA Private Wealth Inc.

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Emerita Resources Corp. Announces Increase to "Bought Deal" Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Emerita Resources Corp. (TSXV:EMO) (the " Company ") is pleased to announce today that, due to strong demand, it has agreed with Clarus Securities Inc. (" Clarus ") and Research Capital Corporation (" Research Capital ") as co-lead underwriters and joint bookrunners on behalf of a syndicate of underwriters (collectively, the " Underwriters "), to increase the size of its previously announced C$10,000,100 "bought deal" private placement offering. Pursuant to the upsized deal terms, the Underwriters have agreed to purchase, on a "bought deal" private placement basis 14,546,000 units of the Company (the " Units ") at a price of C$1.10 per Unit (the " Offering Price ") for aggregate gross proceeds to the Company of C$16,000,600 (the " Offering "). Each Unit will be comprised of one common share of the Company (a " Unit Share ") and one half of one common share purchase warrant (each whole common share purchase warrant, a " Warrant "). Each Warrant will entitle the holder thereof to purchase one common share of the Company (a " Warrant Share ") at a price of C$1.50 for a period of 24 months following the Closing Date (as defined below).

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Emerita Resources Corp. Announces $10,000,100 "Bought Deal" Financing

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Emerita Resources Corp. (TSXV:EMO) (the "Company") is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and Research Capital Corporation as co-lead underwriters and joint book runners on behalf of a syndicate of underwriters (collectively, the "Underwriters") to purchase, on a bought deal private placement basis, 9,091,000 Units of the Company at a price of $1.10 per Unit, for aggregate gross proceeds of $10,000,100 (the " Offering "). The Company has also granted to the Underwriters an option to purchase an additional 1,363,650 Units at the same price, exercisable by the Underwriters for a period of up to two days prior to closing of the Offering for additional gross proceeds of up to $1,500,015.

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Emerita Announces Closing of $3 Million Strategic Private Placement by Eric Sprott

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Emerita Resources Corp. (" Emerita " or the " Company ") (TSXV: EMO) is pleased to announce that it has closed its previously announced non-brokered private placement of 13,636,363 units of the Company (the " Units ") at a price of $0.22 per Unit (the "Offering").

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Emerita Announces $3 Million Strategic Private Placement by Eric Sprott

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Emerita Resources Corp. (" Emerita " or the " Company ") (TSXV: EMO) is pleased to announce that it intends to complete a non brokered private placement for gross proceeds of $3,000,000 through the issuance of up to 13,636,363 of units of the Company (the " Units ") to be priced at $0.22 per Unit (the "Offering"). Mr. Eric Sprott has indicated his intention to subscribe for the entire Offering.

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American Copper Development to Commence Trading on the OTCQB Venture Market Under Symbol "ACDXF"

American Copper Development to Commence Trading on the OTCQB Venture Market Under Symbol "ACDXF"

American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDC" or the "‎‎Company") is pleased to announce that effective February 2, 2023, the Company's common shares will commence trading on the OTCQB Venture Market (the "OTCQB") in the United States, under the symbol "ACDXF". The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York and is the premiere marketplace for growth and developing U.S. and international companies. Participating companies must be current in their reporting and undergo an annual verification and management certification process.

Daniel Schieber, CEO of American Copper, comments, "America needs copper, a lot of copper in order to achieve its clean energy goals. It is only fitting for our US focused copper company to be open to the American investing public. So we welcome all our future ACDXF shareholders. For those about to invest - we salute you! Let's Rock!"

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Inomin Secures Beaver Discovery Team

Inomin Secures Beaver Discovery Team

Inomin Mines Inc. (TSXV: MINE) ("Inomin", "MINE" or the "Company") reports signing a drilling agreement for the Company's Beaver-Lynx critical minerals property, an emerging magnesium-nickel-chromium-cobalt discovery located in south-central British Columbia. The next drilling is aimed at expanding Inomin's significant 2022 discovery and working towards delineating resources at Beaver. Maiden drilling is also planned at the Lynx area to test if mineralization is similar to discoveries at Beaver. Drilling is targeted to start this spring, with further drilling anticipated in summer andor autumn.

John Gomez, President of MINE comments, "We're happy we have been able to secure the same drilling company that we worked with to make our inaugural big discoveries at Beaver. Our team is excited to build on our successful exploration programs and test multiple, large, mineral footprints. We also look forward to completing first-ever drilling at Lynx that has even larger targets."

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Emerita Intersects 24.3 Meters Grading 5.1% Zinc, 2.0% Lead, 0.2% Copper, 1.16 g/t Gold and 100.5 g/t Silver, Including 7.1 Meters Grading 12.4% Zinc, 3.1% Lead, 0.2% Copper, 0.80 g/t Gold And 67.7 g/t Silver at La Romanera Deposit

Emerita Intersects 24.3 Meters Grading 5.1% Zinc, 2.0% Lead, 0.2% Copper, 1.16 g/t Gold and 100.5 g/t Silver, Including 7.1 Meters Grading 12.4% Zinc, 3.1% Lead, 0.2% Copper, 0.80 g/t Gold And 67.7 g/t Silver at La Romanera Deposit

Emerita Resources Corp. (TSX V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") is pleased to announce assay results from 12 additional drill holes from the 2022 - 2023 delineation drilling program at La Romanera Deposit at its wholly owned Iberian Belt West project ("IBW" or the "Project"). IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth.

Assay results have been received for the following 12 drill holes: LR036B, LR042B, LR049, LR051, LR053, LR058, LR064, LR065, LR066, LR077, LR082 and LR086) at La Romanera deposit reported below. These holes intersected the western and center part of the deposit between -50 and -300 m elevation. This area is characterized by massive sulfides comprising sphalerite, galena and chalcopyrite within a massive pyrite gangue. A number of these holes are on the western edge of the deposit as it has been drilled to date and near the limit of the high grade sulphide mineralization, however, the extent of the deposit further to the west remains open. The massive sulphides persist along the west side of the deposit but are higher in pyrite and lower in base metals generally. It will be necessary to step out further west in future as deposits in the Iberia Pyrite Belt commonly have pyritic zones adjacent to higher grade sulphides. Gold and silver grades are locally enriched in this portion of the deposit, precious metals enrichment appears to correlate with a stockwork type mineralization such as in hole LR082 with elevated copper grades. Thickness in both the Upper and Lower Lenses locally exceed 10 meters in some intercepts. Figure 1 shows a plan map with the hole locations. Figures 2 and 3 are vertical longitudinal sections of the Upper Lens and Lower Lens, respectively, showing the position of the pierce points on the vertical projection. Table 1 provides a complete list of the drill hole data included in this news release.

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WESTERN COPPER AND GOLD'S CASINO PROJECT TO HAVE SIGNIFICANT IMPACT ON YUKON'S ECONOMY

WESTERN COPPER AND GOLD'S CASINO PROJECT TO HAVE SIGNIFICANT IMPACT ON YUKON'S ECONOMY

Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce the results of an updated study on the potential economic impact of the development of its wholly owned Casino Copper-Gold Project ("Casino" or the "Project") on the Yukon and Canada recently completed by MNP LLP (the "Report").

Western Copper And Gold logo (CNW Group/Western Copper and Gold Corporation)

The Report incorporates the results from the Casino Feasibility Study dated August 8, 2022 .

The Report highlights the impressive cumulative economic effect that developing Casino will have on the Yukon and Canada during the project's construction, operation, closure, and reclamation. The Casino project is estimated to contribute $44.3 billion to Canada's Gross Domestic Product ("GDP"), create 132,280 full-time equivalent positions ("FTE"), and generate $12.8 billion in wages and salaries over the entire life of the Project. Note that the use of FTEs is a method to account for partial employment or employment for different durations and 1.0 FTE is equivalent to a full-time job for one year of employment.

The Report estimates the GDP generated in Yukon by the construction of Casino at $1.7 billion . The construction phase is estimated to contribute $3.6 billion to Canada's economy while generating 25,580 FTEs resulting in $2.1 billion in wages and salaries across Canada .

During each of its 27 years of operation, the Casino Project is expected to contribute $1.3 billion to Yukon's economy. Operation of the mine is estimated to contribute $1.5 billion to Canada's GDP annually while creating 3,880 FTEs and generating $391 million in wages and salaries across Canada .

The Casino Project is also expected to generate $11.2 billion in taxes and royalties to various governments during the life of mine.

"The Casino Project is one of the most significant critical minerals projects in Canada and in addition to providing much needed minerals to assist the energy transition will provide great economic benefit to the Yukon and Canada ," said Dr. Paul West-Sells , President and CEO of Western. "Additionally, the Casino project will provide additional benefits such as training, education, and infrastructure enhancements, which will benefit the Yukon over the longer term. Importantly, we can do this while developing the Casino Project in a way that reflects Yukoners environmental and socio-cultural values."

Western Copper and Gold Corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com

On behalf of the board,

"Paul West-Sells"

Dr. Paul West-Sells
President and CEO
Western Copper and Gold Corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements concerning anticipated developments in Western's operations in future periods. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. In making the forward-looking statements herein, the Company has applied certain material assumptions including, but not limited to, the assumption that general business conditions will not change in a materially adverse manner.

Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; risks related to joint venture operations; risks related to cooperation of government agencies and First Nations in the development of the property and the issuance of required permits; risks related to the need to obtain additional financing to develop the property and uncertainty as to the availability and terms of future financing; the possibility of delay in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.

Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/western-copper-and-golds-casino-project-to-have-significant-impact-on-yukons-economy-301737226.html

SOURCE Western Copper and Gold Corporation

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Getchell Gold Corp. Files Technical Report for the Mineral Resource Estimate at Fondaway Canyon, NV

Getchell Gold Corp. Files Technical Report for the Mineral Resource Estimate at Fondaway Canyon, NV

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announce the filing of the Mineral Resource Estimate ("MRE") technical report for the Fondaway Canyon project in Churchill County, Nevada. The MRE conceptualizes potential open pit and underground mining.

Mineral Resource Estimate Key Highlights

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Slave Lake Zinc Acquires Significant Historic Database for O'Connor Lake Critical Metals Project

Slave Lake Zinc Acquires Significant Historic Database for O'Connor Lake Critical Metals Project

Slave Lake Zinc Corp. (CSE: SLZ) (the "Company"): has recently acquired a significant database of historic (pre-1952) information pertaining to the O'Connor Lake zinc-lead-copper-silver -gold critical metals project. The Company is currently analyzing the new files and applying a modern exploration interpretation to them. The objective is to merge these new results with exploration results already generated by Slave Lake. The Company will use these combined results to coordinate the next phase of exploration consisting of geologic mapping and sampling, prospecting, and detailed geophysical surveys and to prioritize drill targets.

Slave Lake has recently reviewed our modern data with the Company's Geological consultants and a detailed interpretation of the lease portion of the 900-plus line kilometer airborne survey conducted earlier has been developed for follow up. The follow up interpretation contained within this small area to the south-west and parallel to the old head frame area has identified multiple new geophysical anomalies parallel to the main structural zone that was historically being developed prior to 1952. One strong new target is present southwest of the main zone and lies under water immediately offshore. Prior to application of modern exploration surveys this target would not be detected. Slave Lake will now conduct a detailed ground geophysical survey to define the target for drill testing. This survey work will utilize the ice cover on the lake to properly map the anomaly.

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