Emerita Provides Diamond Drill Results, Intersects 33.1 Meters Grading 7.7% Zinc, 3.9% Lead, 0.3% Copper, 0.73 g/t Gold and 156.3 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 additional assay results from the ongoing delineation drilling program at La Romanera Deposit at its wholly owned Iberian Belt West project ("IBW" or the "Project"). Assays have been received for 17 additional drill holes from the 2022-23 delineation drilling at La Romanera. 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 from 17 drill holes: LR037, LR043, LR045, LR050, LR054, LR056, LR061, LR062, LR071, LR073, LR074, LR079, LR080, LR084, LR088, LR091 and LR098 at La Romanera deposit (details reported below). The drill hole intercepts reported here are located in the center to the eastern extent of the deposit. The deposit remains open to the east based on these results. Hole LR073 which intersected 33.1 m grading 0.3 % Cu; 3.9 % Pb; 7.7 % Zn; 0.73 g/t Au and 156.3 g/t Ag, including 10.1 m grading 0.2 % Cu; 9.2 % Pb; 10.3 % Zn; 0.96 g/t Au and 240.6 g/t Ag , occurs at the outer limit of the historical drilling and shows the deposits continues to extend eastwards. Please see Figures 1 and 2 below for drill hole locations and Table 1 for detailed drill hole data.

Six of the drill holes occur within the footprint of the historical drilling and the remainder are outside. Drilling continues to intersect significant higher grades in gold and silver relative to the historical mineral resource estimate, in this part of the deposit. The high gold and silver results are occurring over a wider area than previously thought and in both lenses. Intercepts that have been described as stockwork previously and are characterized by millimetre to centimetre scale veinlets that are particularly rich in copper.

According to Joaquin Merino. P.Geo., President of Emerita, "The Company has resumed drilling following the Christmas break with 14 rigs currently at La Romanera project. The Company expects to lock in the databases for both La Romanera and La Infanta deposits for the maiden NI 43-101 mineral resource estimate between January 31 and February 15, 2023 so the resource modeling can proceed. (see the Company's December 20, 2022 press release). We expect to receive a large volume of assays in the coming few weeks and will provide updates as they are received and the QA/QC is verified."

Drill Hole LR037:

The Upper Lens was intersected at 355.7 m down the hole and comprises 13.6 m of stockwork mineralization grading 1.4 % Cu; 0.2 % Pb; 0.0 % Zn; 0.29 g/t Au and 21.8 g/t Ag, including 3.7 m grading 3.5 % Cu; 0.3 % Pb; 0.0 % Zn; 0.45 g/t Au and 47.4 g/t Ag.

The Lower Lens was intersected at 374.7 m, 13 m below the Upper Lens and encountered 9.3 m of stockwork mineralization grading 0.4 % Cu; 0.5 % Pb; 0.3 % Zn; 0.72 g/t Au and 97.9 g/t Ag , including 3.1 m grading 0.9 % Cu; 0.6 % Pb; 0.1 % Zn; 0.64 g/t Au and 223.0 g/t Ag.

Drill Hole LR043:

The Lower Lens was intersected at 160.2 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 7.5 m grading 0.1 % Cu; 0.9 % Pb; 3.3 % Zn; 0.89 g/t Au and 31.9 g/t Ag, including 2.6 m grading 0.2 % Cu; 2.1 % Pb; 8.4 % Zn; 1.87 g/t Au and 78.9 g/t Ag.

Drill Hole LR045:

This hole intercepts the Lower Lens only. The hole encountered 31.8 m of sulphide mineralization at 380.4 m down the hole. The most abundant mineral is pyrite. The intersect returned 0.3 % Cu; 0.3 % Pb; 0.1 % Zn; 0.51 g/t Au and 32.5 g/t Ag, including 14.7 m grading 0.4 % Cu; 0.7 % Pb; 0.1 % Zn; 0.94 g/t Au and 66.4 g/t Ag.

Drill Hole LR050:

This hole intercepts the Lower Lens only. The hole encountered 3.5 m of sulphide mineralization at 473.7 m down the hole. The intersect returned 0.6 % Cu; 1.3 % Pb; 5.3 % Zn; 0.67 g/t Au and 57.8 g/t Ag .

Drill Hole LR054:

The Lower Lens was intersected at 245.9 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 32.2 m grading 0.6 % Cu; 0.5 % Pb; 2.3 % Zn; 0.53 g/t Au and 30.4 g/t Ag, including 9.5 m grading 0.1 % Cu; 1.4 % Pb; 6.8 % Zn; 1.48 g/t Au and 75.7 g/t Ag.

Drill Hole LR056:

The Lower Lens was intersected at 126.3 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 2.2 m grading 0.2 % Cu; 1.4 % Pb; 2.6 % Zn; 0.60 g/t Au and 71.4 g/t Ag .

Drill Hole LR061:

The Lower Lens was intersected at 129.0 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 4.4 m grading 0.2 % Cu; 1.1 % Pb; 2.7 % Zn; 0.74 g/t Au and 70.2 g/t Ag, including 2.6 m grading 0.3 % Cu; 1.7 % Pb; 4.0 % Zn; 1.15 g/t Au and 110.1 g/t Ag.

Drill Hole LR062:

The Upper Lens was intersected at 148.2 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 16.3 m grading 0.2 % Cu; 1.5 % Pb; 3.8 % Zn; 0.89 g/t Au and 73.8 g/t Ag .

Drill Hole LR071:

The Upper Lens was intersected at 182.7 m. Between 182.7 m and 195.5 m (12.8m) the mineralization is characterized by polymetallic massive sulphides grading 0.3 % Cu; 1.9 % Pb; 5.2 % Zn; 1.45 g/t Au and 99.1 g/t Ag; and from 195.5 m to 208.5 m (13.0 m) a more pyritic section grading 0.3 % Cu; 0.5 % Pb; 1.6 % Zn; 0.53 g/t Au and 44.9 g/t Ag.

Drill Hole LR073:

The Lower Lens was intersected at 361.7 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 33.1 m grading 0.3 % Cu; 3.9 % Pb; 7.7 % Zn; 0.73 g/t Au and 156.3 g/t Ag, including 10.1 m grading 0.2 % Cu; 9.2 % Pb; 10.3 % Zn; 0.96 g/t Au and 240.6 g/t Ag.

Drill Hole LR074:

The drill hole did not show any significant intersection.

Drill Hole LR079:

The Lower Lens was intersected at 163.8 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 8.7 m grading 0.3 % Cu; 1.4 % Pb; 4.0 % Zn; 0.88 g/t Au and 95.0 g/t Ag .

Drill Hole LR080:

The drill hole did not show any significant intersection.

Drill Hole LR084:

The Lower Lens was intersected at 477.7 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 5.8 m grading 0.2 % Cu; 1.9 % Pb; 3.6 % Zn; 1.00 g/t Au and 112.3 g/t Ag.

Drill Hole LR088:

The Upper Lens was intersected at 160.8 m down the hole. Mineralization is characterized by polymetallic massive sulphides and encountered 4.0 m grading 0.2 % Cu; 2.6 % Pb; 5.9 % Zn; 1.60 g/t Au and 154.0 g/t Ag.

Drill Hole LR091:

The Upper Lens was intersected at 327.0 m down the hole and comprises 7.4 m grading 0.4 % Cu; 1.9 % Pb; 8.5 % Zn; 1.29 g/t Au and 153.3 g/t Ag . The Lower Lens was intersected at 364.1 m, 29.8 m below the Upper Lens, and encountered 2.8 m grading 0.2 % Cu; 0.8 % Pb; 3.2 % Zn; 0.76 g/t Au and 43.0 g/t Ag.

Drill Hole LR098:

The Upper Lens was intersected at 296.0 m down the hole and comprises 7.3 m grading 0.1 % Cu; 1.0 % Pb; 5.9 % Zn; 0.38 g/t Au and 55.9 g/t Ag . The Lower Lens was intersected at 333.8 m, 30.5 m below the Upper Lens, and encountered 4.9 m grading 0.1 % Cu; 1.1 % Pb; 2.6 % Zn; 1.55 g/t Au and 34.0 g/t Ag and at 348.0 m, encountering 6.0 m grading 0.5 % Cu; 2.3 % Pb; 6.8 % Zn; 0.53 g/t Au and 83.1 g/t Ag.

Figure 1: Longitudinal section showing intercepts in the Upper Lens, La Romanera Deposit.

View Figure 1 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/db58456e-8af5-4575-856b-d4d5e04df3ed

Figure 2: Longitudinal section showing intercepts in the Lower Lens, La Romanera Deposit.

View Figure 2 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/15e36d13-3720-4d3e-9e16-990562898d02

DDH	Easting	Northing	Elevation	azimuth	dip	depth (m)	FROM	TO	Width (m)	Cu_%	Pb_%	Zn_%	Au_g/t	Ag_g/t	LENS
LR037	646660	4172585	152	182	-64	432.9	355.7	369.3	13.6	1.4	0.2	0.0	0.29	21.8	UL
incl.							358.2	361.9	3.7	3.5	0.3	0.0	0.45	47.4	UL
LR037							374.7	384.0	9.3	0.4	0.5	0.3	0.72	97.9	LL
incl.							376.7	379.8	3.1	0.9	0.6	0.1	0.64	223.0	LL
LR043	646817	4172418	150	224	-59	257.3	160.2	167.7	7.5	0.1	0.9	3.3	0.89	31.9	UL
incl.							160.8	163.4	2.6	0.2	2.1	8.4	1.87	78.9	UL
LR045	646780	4172582	154	203	-60	423.8	380.4	412.2	31.8	0.3	0.3	0.1	0.51	32.5	LL
incl.							397.5	412.2	14.7	0.4	0.7	0.1	0.94	66.4	LL
LR050	646811	4172660	152	183	-57	491.1	473.7	477.2	3.5	0.6	1.3	5.3	0.67	57.8	LL
LR054	646748	4172458	152	180	-69	312.7	245.9	278.1	32.2	0.6	0.5	2.3	0.53	30.4	LL
incl.							245.9	255.4	9.5	0.1	1.4	6.8	1.48	75.7	LL
LR056	646817	4172418	150	199	-57	198.3	126.3	128.5	2.2	0.2	1.4	2.6	0.60	71.4	LL
LR061	646967	4172385	170	201	-58	175.7	129.0	133.4	4.4	0.2	1.1	2.7	0.74	70.2	LL
incl.							129.8	132.4	2.6	0.3	1.7	4.0	1.15	110.1	LL
LR062	646817	4172418	150	198	-65	270.0	148.2	164.5	16.3	0.2	1.5	3.8	0.89	73.8	UL
LR071	646817	4172418	150	198	-71	325.9	182.7	195.5	12.8	0.3	1.9	5.2	1.45	99.1	UL
LR071							196.5	209.5	13.0	0.3	0.5	1.6	0.53	44.9	UL
LR073	646845	4172507	154	202	-69	408.4	361.7	394.7	33.1	0.3	3.9	7.7	0.73	156.3	LL
incl.							379.8	389.9	10.1	0.2	9.2	10.3	0.96	240.6	LL
LR074	646951	4172631	168	184	-50	467.2	NO SIGNIFICANT INTERSECTS
LR079	646817	4172418	150	166	-54	191.2	163.8	172.5	8.7	0.3	1.4	4.0	0.88	95.0	LL
LR080	646967	4172385	170	171	-57	187.7	NO SIGNIFICANT INTERSECTS
LR084	646811	4172660	152	184	-62	512.6	477.7	483.5	5.8	0.2	1.9	3.6	1.00	112.3	LL
LR088	646817	4172418	150	165	-64	254.6	160.8	164.8	4.0	0.2	2.6	5.9	1.64	154.0	UL
LR091	646845	4172507	154	164	-64	384.2	327.0	334.4	7.4	0.4	1.9	8.5	1.29	153.3	UL
LR091							364.1	366.9	2.8	0.2	0.8	3.2	0.76	43.0	LL
LR098	646845	4172507	154	164	-60	394.4	296.0	303.3	7.3	0.1	1.0	5.9	0.38	55.9	UL
LR098							333.8	338.7	4.9	0.1	1.1	2.6	1.55	34.0	LL
LR098							348.0	354.0	6.0	0.5	2.3	6.8	0.53	83.1	LL

Table 1. Diamond drill hole data: La Romanera.
LL= Lower Lens La Romanera, UL= Upper Lens La Romanera

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 Romanera and (8Km) from 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).

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 reassayed 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:

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 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 Resources TSXV:EMO Base Metals Investing

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Emerita Resources Files Supporting Documentation For Exploitation Licence For The IBW Project

Emerita Resources Corp. (" Emerita " or the " Company ") (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) announces that through its wholly-owned Spanish subsidiary, Emerita Resources España S.L.U., it has submitted all the required documentation (the " Supporting Documentation ") to support its application to the "Delegación Territorial de Energía y Minas in Huelva province, Junta de Andalucia" for an exploitation licence (the " Exploitation Licence ") for Emerita's wholly-owned Iberian Belt West project (" IBW " or the " Project "). Please see the Company's September 12, 2023 press release for further details regarding the Company's application for the Exploitation Licence.

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Emerita Announces Commencement of Drilling Program at Nuevo Tintillo Project, Spain

Emerita Resources Corp. (TSX–V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") announces it is commencing with the previously announced diamond drill program (see news release August 30, 2023) (the "Drill Program") at its wholly owned Nuevo Tintillo project ("Nuevo Tintillo" or the "Project") (Figure 1). Due to an unusually hot and dry summer, the restrictions related to fire prevention in the area were extended to mid-October. During the hottest weather in this region of Spain, heavy equipment is not permitted to operate during the daytime hours. According to Joaquin Merino, P.Geo., President of Emerita, "This is the most extended dry period seen in the region in many years. Some rainy weather has started however much more is needed as reservoirs, ponds, smaller streams and rivers are still dry in many cases. The Company will truck water for the drill program."

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Emerita Intersects 6.3 Meters Grading 0.8% Copper; 1.6% Lead; 3.9% Zinc; 2.8 g/t Gold and 52.0 g/t Silver within a 27.6 Meters Thick Massive Sulphide Zone, Extending La Romanera Deposit at Depth. Three Additional Thick Massive Sulphide Intervals, Assays Pending

Emerita Resources Corp. (TSX V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") announces additional drilling results from the ongoing drilling program at La Romanera Deposit, part of Emerita's 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. Results contained in this release are from La Romanera deposit where drilling is tracing the extension of the deposit at depth.

Results herein are from drill holes LR154 and LR155, which have intercepted polymetallic mineralization in the form of a massive to semi-massive sulphide lens at approximately -450m elevation (approximately 600m below surface). See Figure 1 and Table 1 below.

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Emerita Resources Files Exploitation Licence Application for the IBW Project

Emerita Resources Corp. (" Emerita " or the " Company ") (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) announces that through its wholly-owned Spanish subsidiary, Emerita Resources España S.L.U., it has submitted an application to the "Delegación Territorial de Energía y Minas in Huelva province, Junta de Andalucia" (the " Junta ") for an exploitation licence (the " Exploitation Licence ") for Emerita's wholly-owned Iberian Belt West project (" IBW " or the " Project ").

The Exploitation Licence in Spain, when granted, has a 30-year term and can be extended for two subsequent 30-year periods. Under Spanish regulations, in support of its Exploitation License application, Emerita has 3 months to submit certain additional documentation to supplement the application for the Exploitation Licence including an environmental impact study and mining plan.

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Vertex Minerals Limited Placement and Convertible Loan to Further Advance Reward

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce that firm commitments have been received for a placement and convertible loan financing to raise up to $2.1M at $0.16 per share1 before costs (Capital Raising).

HIGHLIGHTS:

- Firm commitments have been received for a strategic placement to an existing investor to raise $1.10M (before costs) at an issue price of $0.16 per share (Placement).

- Placement proceeds will be further augmented by loan funding of $0.98M, under a convertible facility agreed with institutional / sophisticated investors (Loan). Subject to shareholder approval Loan funds will be converted to fully paid ordinary shares at an issue price of $0.16 per share.

- Proceeds are intended to be applied towards the acquisition of an Ore Sorter and the associated conveyance equipment, purchase of an Underground Drill Rig and working capital.

Vertex's Executive Chairman, Roger Jackson commented: "We are very pleased to have the support of a strategic investor in this placement along with some of our very supportive existing shareholders backing the convertible loan. The funds will be used to acquire a laser Ore Sorter which will be integrated into the Gekko gravity gold plant along with an underground drill rig.

The drill will be focussed on the high-grade targets below and along strike of the high-grade gold resource at Reward. We wish to build our gold inventory from within our Reward mine. We are on track with the plant refurbishment and preparations to move the Reward mine into production in January 2025" Placement Details.

The Placement will comprise the issue of up to 6,900,000 new fully paid ordinary shares at an issue price of $0.16 per share. Subject to shareholder approval, the placement participant will also receive three (3) free attaching options for every five (5) shares. The options will be on the same terms a existing VTXOA options, which have an exercise price of 25c per share and an expiry date of 17/07/2026 (VTXOA Options).

Loan Details

Loan funds are expected to be $976,000 and the Company intends to seek approval for conversion of the Loan at the Company's 2024 AGM, to be held on 29 November 2024. Upon approval by shareholders, loan funds will be automatically converted into fully paid ordinary shares at a conversion price of $0.16 per share, with two (2) free attaching VTXOA Options for every five (5) shares issued on conversion. If not converted, Loan funds will accrue interest at 10% per annum and fall due for repayment on maturity 12 months after receipt.

Shareholder Meetings

The Company expects shortly to despatch a notice of meeting for a General Meeting to be held on or around 8 November 2024 to seek ratification of recent share issues as well as approval for the second tranche of shares under the Company's placement announced on 21 August 2024 and associated issues of options.

Separately, the Company expects to hold its 2024 Annual General Meeting on 29 November 2024, at which it is intended that business will include the seeking of shareholder approval to approve the conversion of the Loan as well as associated option issues.

CPS Capital Group (CPS) acted as lead manager to the Capital Raising.

- CPS and/or its Nominees will receive a management fee of 2% of the total gross proceeds of the Placement and Loan financing for managing the Capital Raising.

- CPS will receive a placing fee of 4%, plus GST. By negotiation CPS may be liable to pay a placing fee to parties, of up to 4%, plus GST for funds raised in the Capital Raising.

- Subject to Shareholder Approval, CPS and/or its Nominees will receive 1,500,000 VTXOA Options to be issued at $0.00001 per option.

- CPS will receive a one-off completion fee of $20,000 plus GST upon completion of the Placement.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/784UZHT1

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

Source:
Vertex Minerals Limited

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Falco Announces Extension of Its Senior Debts

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") is pleased to announce that the Corporation has entered into binding agreements (i) with Osisko Gold Royalties Ltd (" Osisko ") in order to extend the maturity date of the Corporation's existing convertible secured senior loan (the " Osisko Loan ") from December 31, 2024 to December 31, 2025; and (ii) with Glencore Canada Corporation (" Glencore ") in order to extend the maturity date of the Corporation's existing senior secured convertible debenture (the " Glencore Debenture ") from December 31, 2024 to December 31, 2025.

Luc Lessard, President and Chief Executive Officer of the Corporation commented: " The concurrent extensions of the Corporation's senior debts demonstrate the strong relationship and long-standing support of Osisko and Glencore to Falco and the development of the Horne 5 Project. Such extensions provide the Corporation with additional flexibility to pursue the permitting and development of this project".

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Ramp Metals Announces Receipt of Exploration Permit and Commencement of 2024/25 Gold Exploration Campaign

Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to announce the receipt of necessary permits to continue exploration at the Company's Rottenstone SW project. The Company will focus on its Ranger target where 73.55 gt Au over 7.5m was discovered. Mobilization of the field crew for the mapping and sampling program will occur on October 7, 2024.

"The Ramp Metals team hit a world class gold intercept after only one exploration season on site. Historically, the Rottenstone SW property has not been explored in detail. Saskatchewan is very underexplored in general, which shows the potential for a new gold district. The team will use the data from this mapping and sampling program to help prioritize areas for drill targeting," commented Jordan Black, CEO and Director of Ramp Metals Inc.

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Red Metal Resources Announces Grant of Stock Options

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") announces the grant of stock options pursuant to the Company's stock option plan to directors, officers, management company employees, and consultants of the Company to purchase up to an aggregate of 1,200,000 common shares at an exercise price of $0.12 per common share. Pursuant to the terms of the option agreements, 1,200,000 options will vest immediately and will expire two years from the date of grant.

The common shares issuable upon the exercise of the options granted to directors and officers will not be subject to a customary hold period, as permitted by prospectus exemption 2.24 of NI 45-106 in regard to the issuance of the options.

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Canadian Critical Minerals Receives Offer to Purchase Interest in Thierry Mine Project

Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") hereby reports that QC Copper and Gold (TSXV: QCCU) (QCCUF) ("QC Copper") has made an offer to purchase all the outstanding shares of Cuprum Corp. ("Cuprum") in an all-share deal (the "Acquisition"). Cuprum is a private company (formerly Pickle Lake Minerals Inc.) which owns 100% of the Thierry Mine project ("Thierry"). CCMI currently owns 29.9% of Cuprum and is the second largest shareholder. QC Copper currently owns 7.7% of Cuprum. Following the proposed transaction, CCMI's ownership of QC Copper would be 10.4%. This Acquisition, if completed, will establish QC Copper as one of the largest resource developers in Canada, with two multi-billion pound copper deposits in Quebec and Ontario.

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Vertex Minerals Limited Acquires Drill Rig to Advance Exploration, at the High-Grade Reward Gold Mine, Below the Existing Resource

Sydney, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to report the acquisition of a Boart Longyear LM90 underground drill rig, in line with its stated strategy to advance exploration drill works at the high-grade Reward gold mine.

HIGHLIGHTS

- Vertex has acquired a Boart Longyear LM90 underground drill rig to advance exploration at the Reward gold mine below the existing resource

- The Vertex team are planning diamond drill programs for the following:

o Below the current JORC-2012 Reward Resource (see drill collar locations on Figure 1), with the aim of expanding upon the existing resource

o Fosters Exploration Target, and the South Star prospect area

- Acquisition of the LM90 follows an extensive review of the mineralisation potential below the Reward resource, which has only been drilled up to 50m below the Amalgamated Adit. This area targeted is referred to as the 'Reward mid depths' as it is located just 80m to ~200m below the Amalgamated Adit. Refer to figure 1*

- Upon commissioning of the LM90 drill rig, Vertex have planned eight drill holes to target the high-grade Fosters Exploration target

- The LM90 has several advantages well-suited to Vertex's requirements, including:

o The ability to work on surface and underground

o Safe, Semi-automated, with a rod-handler system which allows for less manual handling

o Allows greater flexibility in drilling over a number of resource and exploration areas

o LM 90 rigs are well-established in the industry as safe and reliable underground drill rigs

- Vertex acquiring its own rig has many advantages

o Per-metre drill costs will be significantly less than hiring an external drill contractor

o More control and accuracy over precision of drilling.

o Works well with Job sharing

o Reduces pressure on Mining crew to have drill cuddy availability

o The LM90 rig will be accounted for as an asset on the Vertex balance sheet

Executive Chairman, Roger Jackson, commented: "The acquisition of the LM90 was completed on attractive commercial terms, and followed an extensive review process by the field operations team to acquire a rig that was fit-for-purpose to advance our broader exploration strategy. This is an important development for Vertex and we're excited to get started with targeted drill works that have the potential to unlock significant value from the project. Our analysis has shown that it is significantly cheaper, safer and more practical to drill the Reward mine from underground, which is exactly what the LM 90 allows us to do. With an extensive framework of priority drill targets already set out, we look forward to advancing exploration and building on what is already an exciting resource at the Reward mine."

LONGYEAR LM90 UNDERGROUND DRILL RIG - KEY FEATURES

The LM90 has several attributes which will provide flexibility for on-site drilling operations, where Vertex will be able to maintain drill sites with the Company's own underground mining crew. The deployment of the LM90 also means Vertex does not have to pay stand-down time or mobilisation fees, and its drillers can be assigned to other jobs.

1. REVERSIBLE FEED CYLINDER

The feed cylinder is reversible which increases up-hole drilling capacity.

2. SEMI-AUTOMATED ROD HANDLING

Semi-automated rod handler (optional) makes handling of rods safer and easier.

3. HIGH TORQUE BREAKOUT

Automated high torque breakout device breaks most rod joints automatically.

4. FAIL SAFE ROD CLAMP

Hydraulic open and spring close rod clamp resultsin failsafe operation.

5. LOAD SENSING HYDRAULICS

Load sensing hydraulics maximize efficiency and reduce heat.

6. PROPORTIONAL CONTROLS

Proportional controls and lock levers provide optimum control of rpm and feed.

7. DIRECT COUPLED FEED FRAME

Direct coupled feed frame resultsin lower maintenance and smoother feed transmission

Combined Mineral Resource Estimate (MRE) for the Reward gold deposit at Hill End stands at 419,000 tonnes at 16.72g/t Au for 225,200oz Au (VTX Announcement 21 June 2023)

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/8DG26OB8

Source:
Vertex Minerals Limited

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Emerita Provides Diamond Drill Results, Intersects 33.1 Meters Grading 7.7% Zinc, 3.9% Lead, 0.3% Copper, 0.73 g/t Gold and 156.3 g/t Silver at La Romanera Deposit

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