Precious Metals

Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) (" Finlay " or the " Company ") is pleased to announce results from the 2022 exploration program conducted on its ATTY Property (" ATTY ") which included trenching at the Attycelley Target, and mapping and rock sampling at the KEM Target

Highlights included Trench 2 on the Attycelley Target assaying 32.4 g/t silver ("Ag"), 0.34 % copper ("Cu"), 1.07 % lead ("Pb"), 2.98 % zinc ("Zn"), and 0.04 g/t gold ("Au") over 11 metres, ("m") including 1 metre grading 198 g/t Ag, 1.62 % Cu, 8.23 % Pb, 0.88 % Zn, and 0.18 g/t Au.

Robert F. Brown , President & CEO of Finlay Minerals states:

" The 2022 ATTY exploration advanced the KEM porphyry and Attycelley epithermal vein targets to drill-ready status. Favorable alteration, widespread mineralization and coincident geophysical anomalies at both these adjacent occurrences suggests the presence of a significant mineralizing system underlying the western portion of the ATTY Property.  F inlay is pleased with the results and target sizes and will be planning further exploration for 2023."

Attycelley Target –

The Attycelley target is an east-northeast-trending, steeply south-dipping, low-sulphidation epithermal vein system along a similar trending fault/shear. The structure exhibits intense oxidation and clay alteration associated with meter-scale quartz-carbonate-galena-sphalerite-chalcopyrite-pyrite veins.

The Attycelley target is east-northeast of the KEM target.  ( Click HERE to view the Zn Soil and Rocks map for Attycelley and KEM .)  Mapping and sampling have demonstrated mineralization over 500 m in length striking to the east and dipping steeply to the south. Based on past and 2022 geological mapping, the Attycelley target coincides with a structure mapped for 2,200 m along strike, with potential for mineralization along its entire length. The structure appears to extend west-southwest to the KEM target.

In 2022, mineralization along the shear zone was exposed and sampled in three (3) hand-dug trenches, the extents of which were limited by overburden cover; mineralization in all three trenches is open laterally.

Attycelley Trench Assay Results:

Trench ID

From

(m)

To

(m)

Interval

(m)

Au

(g/t)

Ag

(g/t)

Cu

(%)

Pb

(%)

Zn

(%)

Trench 1

0

2

2

0.38

11.3

0.07

0.21

0.70

Trench 2

0

11

11

0.04

32.4

0.34

1.07

2.98

including

0

6

6

0.02

3.0

0.16

0.36

4.11

including

6

11

5

0.06

67.8

0.55

1.92

1.63

including

7

8

1

0.18

198.0

1.62

8.23

0.88

Trench 3

0

2

2

0.11

9.3

0.11

0.48

0.35

Trench 1 was sampled across 5 m , and the first two (0- 2 m ) samples were mineralized within sheared, chloritized, and oxidized volcanic rocks and averaged 11.3 g/t Ag, 0.07 % Cu, 0.21 % Pb, 0.70 % Zn, and 0.38 g/t Au. Mineralization in quartz-carbonate veins included malachite stains, blebby chalcopyrite, and pods of galena.

Trench 2 was the western and longest trench.  The trench was 11 m long.  Sampling was done on 1 m intervals and included 1 m (7- 8 m ) grading 198 g/t Ag, 1.62 % Cu, 8.23 % Pb, 0.88 % Zn, and 0.18 g/t Au, within 11 m grading 32.4 g/t Ag, 0.34 % Cu, 1.07 % Pb, 2.98 % Zn, and 0.04 g/t Au.

Trench 3 was sampled across 2 m of sheared, chloritized oxidized volcanic rock, with calcite-quartz veining mineralized by pyrite, malachite, chalcopyrite, and blebby galena.  The 2 m interval averaged 9.3 g/t Ag, 0.11 % Cu, 0.48 % Pb, 0.35 % Zn, and 0.11 g/t Au.

Trenches 1 and 3 were sampled using a typical channel saw along the desired length with 1 m continuous sample intervals. Trench 2 was channel sampled by chipping the heavily altered and oxidized rock with a shovel and hammer and sampling composite 1 m sample intervals.

KEM Target

The KEM target consists of a multi-oriented mineralized vein/breccia swarm underlain by a deep high chargeability anomaly as indicated by induced polarization (IP) surveys. KEM is considered a porphyry Cu-Au target due to its characteristic alteration and vein assemblages. The occurrence lies 1.8 km north of the Kemess North Trend which hosts Centerra Gold's Kemess Underground and Kemess East porphyry deposits. The Kemess East deposit is truncated at its eastern margin by a northwest-trending fault which extends onto the ATTY property and west of the KEM target area.

The 2022 exploration program expanded the extent of the known mineralization and further supports the potential for a porphyry system at the KEM Target. Alteration mapping north of historic drilling showed a gradational increase in the intensity of propylitic alteration northward, with exposures of weak potassic alteration assemblages in the far north. Multiphase quartz-carbonate-chalcopyrite-malachite-pyrite veins range in thickness from 5 cm – 2.0 m , and trend subparallel to topography for > 1 kilometre.

The 2022 KEM rock samples, of which there were 31 samples, consisted of mineralized veins, breccias and altered country rock. Samples yielded up to 0.61 g/t Au, 49.5 g/t Ag, and 1.10 % Cu.  Average assay values for the rock samples were 0.11 g/t Au, 0.29 % Cu and 14.9 g/t Ag.

Selected Rock Sample Highlights from the KEM Target:

Sample Description

Sample
ID

Easting

Northing

Au

(g/t)

Cu

(%)

Ag

(g/t)

Composite 1 m chip sample over chloritized and
brecciated basalt with quartz and calcite matrix

F927467

637361

6329178

0.24

0.5

44.1

Quartz-carbonate oxidized vein with malachite

F927466

637368

6329182

0.09

1.08

36.7

Augite phyric basalt cut by quartz and calcite veining
and pervasively chlorite and epidote altered

F927482

637843

6328962

0.61

0.29

3.7

Crystalline epidote-hematite-quartz-chalcopyrite-
magnetite veins cross-cutting propylitic altered basalt

F927483

637838

6328958

0.47

0.24

1.4

Multiple parallel stages of quartz-chalcopyrite, quartz-
calcite-hematite-chalcopyrite and vein breccia

F927464

637388

6329240

0.04

0.85

49.5

Quartz-calcite-chalcopyrite matrix within a brecciated
propylitic altered augite phyric basalt

F927462

637430

6329243

0.07

0.64

31.2

Vuggy quartz breccia and parallel wide coxcomb
quartz-chalcopyrite vein

F927461

637413

6329227

0.01

0.74

33.5

Cross cutting oxidized quartz-chlorite-malachite vein
and oxidized quartz-calcite-chalcopyrite breccia vein

F927484

637803

6328973

0.32

0.23

18.3

These KEM rock samples are from outcrops and the field sampling was selective.

The 2022 ATTY program included a total of 71 rock, 18 channel/chip, and 162 soil samples. Additionally, numerous mapping points, structural measurements, and alteration chips for spectral analysis were collected.  Further maps, details and photos from the 2022 ATTY exploration program are available on the Finlay website at www.finlayminerals.com under the ATTY Property Mineralization page.

The ATTY Property is located within the Toodoggone Mining District of northern British Columbia.  It is situated north of Centerra Gold Inc.'s former Kemess South Mine, the fully permitted Kemess Underground Cu-Au porphyry deposit, and the Kemess East Cu-Au porphyry deposit, and to the south of Amarc Resources' and Freeport McMoRan's joint venture Joy property hosting the Pine and Mex Cu-Au porphyry targets.

Conclusions & Next Steps –

The KEM represents a Cu-Ag porphyry target and combined with the Attycelley low-sulphidation epithermal vein target, both now have drill-ready targets for discovery.  With the purchase of the adjacent ATG Property, the ATTY also now includes the Wrich target which is south of the South Takla target which hosts a large Cu-Au surface geochemical anomaly on the Joy Property. ( Click HERE to view the complete ATTY Property Map .)

The ATTY property contains intriguing targets with great potential for near-term discovery.

Sample Collection, Laboratory Procedures, and Quality Assurance / Quality Control (QA/QC) –

All samples were shipped to ALS Global Laboratories for analysis. The rock and trench samples were sampled, photographed and geological information was taken in the field. The samples were placed in sample bags with a sample tag and securely sealed with zap straps and then placed in rice bags that were sealed with security tags and then shipped to ALS Global Laboratories in Kamloops, BC . Rock and trench samples were crushed to 70% less than 2 millimetres, rotary split off 250 grams ("g"), and pulverised split to better than 85% passing 75 microns. Samples were analyzed for 48 elements by four-acid digestion on a 0.25 g sample (method ME-MS61). Gold was analyzed by fire assay using a 30 g sample with an AAS finish (method Au-AA23). Over limit silver assays greater than 100 ppm were re-analyzed by fire assay using a gravimetric finish using a 30 g sample. Assays for copper, lead and zinc that were greater than 10,000 ppm were re-analyzed by four-acid digestion and an ICP finish using a 0.4 g sample for overlimit values.

Soil samples were placed within rice bags, securely sealed with security tags, and shipped to ALS Global Laboratories in Kamloops, BC . The soil samples were dry screened to 180 micron (80 mesh) and analyzed by Aqua Regia (AuME-TL43) using a 25 g sample.

In addition to the ALS Global Laboratory QA/QC protocols, Finlay Minerals implements an internal QA/QC program that includes the insertion of duplicates, standards, and blanks into the sample stream accounting for 4% of the total samples.

Qualified Person:

Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

Finlay is a TSXV company focused on exploration for base and precious metal deposits in northern British Columbia .

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com

On behalf of the Board of Directors,

Robert F. Brown , P. Eng.
President & CEO

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the ATTY Property.  Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.

SOURCE Finlay Minerals Ltd.

Cision View original content: http://www.newswire.ca/en/releases/archive/September2022/22/c5709.html

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Finlay Minerals commences drilling on and expands the Silver Hope Property

Finlay Minerals commences drilling on and expands the Silver Hope Property

Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) (" Finlay " or the " Company ") is pleased to announce that drilling has commenced on its Silver Hope Property, in central B.C.

The planned 2,000m drill program will evaluate some of the high-priority, undrilled targets within the Equity East and Allin Zones. The Equity East and Allin Targets are combined geochemical, and geophysical anomalies strongly associated with the Goosly Intrusive Suite Complex (GIC). ( Click HERE to view the Silver Hope Property with the Equity East and Allin Zones and the Main Trend's Gaul Zone ). The former Equity Silver open-pit and underground mine is located on the western edge of the magnetic high anomaly which is interpreted as the GIC.

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Finlay Minerals completes Acquisition of the ATG Property expanding the ATTY Property

Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) (" Finlay " or the " Company ") is pleased to announce that, further to its news release issued on July 11, 2022 the Company has today closed its acquisition of the ATG Property from Electrum Resource Corporation (" Electrum "), expanding Finlay's ATTY Property. The acquisition was completed pursuant to the terms of an agreement dated as of July 11, 2022 between the Company and Electrum (the " Purchase Agreement "). The ATTY Property, which was purchased from Electrum in 1999, and the ATG Property are contiguous and located in the Toodoggone Mining District of British Columbia ; they are neighboured, to the south by Centerra Gold Inc.'s Kemess Underground and Kemess East copper (Cu) gold (Au) porphyry deposits, and to the north by Amarc Resources Freeport McMoRan's Joy property.

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Finlay Minerals receives Exploration Permit for its Silver Hope Property

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Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) (" Finlay " or the " Company ") is pleased to announce that it has received a five-year Multi Year Area Based British Columbia Mines Act Permit (Mineral) which allows Finlay to commence the 2022 exploration drilling program on its Silver Hope Property ("the Silver Hope "). Field preparations will begin within the next couple of weeks with drilling anticipated to follow in September.

The Silver Hope Property is located approximately 70 kilometres (km) south-east of Houston, BC and is accessible year-round by road.  The Silver Hope is positioned within a highly prospective area with producing and past-producing mines, as well as brown-fields exploration projects as neighbours.  Finlay is targeting both Equity Silver Mine type Silver (Ag) – Copper (Cu) – Gold (Au), and porphyry Cu-Au-Molybdenum (Mo) mineralization in multiple target areas on the property.  ( Click HERE to view the drill target areas).

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Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) (" Finlay " or the " Company ") is pleased to announce that it has entered into an agreement (the " Purchase Agreement ") for the purchase of the ATG Property from Electrum Resource Corporation (" Electrum "), which will enlarge Finlay's ATTY Property. The ATTY Property, which was purchased from Electrum in 1999, and the ATG Property are located in the Toodoggone Mining District of British Columbia and are neighboured, to the south by Centerra Gold Inc.'s Kemess Underground and East copper (Cu) gold (Au) porphyry deposits, and to the north by Amarc Resources Freeport McMoRan's Joy property.

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Finlay Minerals Commences Trading on the OTCQB Market and Gains DTC Eligibility in the United States

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Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) (" Finlay " or the " Company ") is pleased to announce that it has qualified for trading on the OTCQB ® Venture Market in the United States operated by the OTC Markets Group Inc. and that the Company's common shares commenced trading today on the OTCQB under the symbol "FYMNF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "FYL".

The Company further announces that concurrent to receiving qualification to trade on the OTCQB ® Venture Market, it has also gained eligibility for electronic clearing and settlement through the Depository Trust Company (" DTC ") in the United States .

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AUGUSTA GOLD ANNOUNCES RESULTS OF ITS ANNUAL SHAREHOLDER MEETING

Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B ) (" Augusta Gold " or the " Company ") announces that all matters presented for approval at Augusta Gold's annual shareholder meeting held today, as more particularly set out in the Company's Management Information Circular and Proxy Statement dated August 15, 2022 have been approved. These matters included:

Augusta Logo (CNW Group/Augusta Gold Corp.)

  • Electing each of the Company's six nominees as directors of the Company;
  • Re-appointing Davidson & Company LLP as auditors of the Company for the ensuing year and authorizing the directors to fix their remuneration; and
  • Approving the repricing of certain Company stock options.

A summary of the results for the election of the Company's directors is provided below:

Name of Nominee

Votes For

Votes Withheld

Number

%

Number

%

John Boehner

40,280,915

99.98 %

8,529

0.02 %

Lenard Boggio

40,158,112

99.67 %

131,332

0.33 %

Daniel Earle

40,158,407

99.67 %

131,037

0.33 %

Poonam Puri

40,162,485

99.68 %

126,959

0.32 %

Donald R. Taylor

40,158,252

99.67 %

131,192

0.33 %

Richard Warke

40,279,592

99.98 %

9,852

0.02 %

About Augusta Gold

Augusta Gold is an exploration and development company focused on building a long-term business that delivers stakeholder value through developing the Reward and Bullfrog gold projects and pursing accretive M&A opportunities. The Reward and Bullfrog gold projects are located in the prolific Bullfrog mining district approximately 120 miles north-west of Las Vegas, Nevada and just outside of Beatty, Nevada . The Company is led by a management team and board of directors with a proven track record of success in financing and developing mining assets and delivering shareholder value. For more information, please visit www.augustagold.com .

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/augusta-gold-announces-results-of-its-annual-shareholder-meeting-301637509.html

SOURCE Augusta Gold Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2022/30/c7150.html

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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

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Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that it has entered into an agreement with Triple Flag International Ltd ("Triple Flag") for a short-term gold prepay facility (the "Triple Flag Gold Prepay Facility").

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

All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated.

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