Forte Minerals Provides Update on Planned Drill Program at Pucarini High-Sulfidation Gold Project

Forte Minerals Provides Update on Planned Drill Program at Pucarini High-Sulfidation Gold Project

Forte Minerals Corp. ("Forte" or the "Company") ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to provide an update on its planned 1,500-metre diamond drill program at its 100%-owned Pucarini Gold Project ("Pucarini" or the "Project") located in the Southern Peru Miocene High-Sulfidation Epithermal Gold Belt. The program is set to commence towards the end of Q2 2025 with preparations currently underway.

Figure 1 – High Sulphidation Epithermal Gold Targets from Gold Geochemistry and Surface Alteration Geology.

Figure 1 – High Sulphidation Epithermal Gold Targets from Gold Geochemistry and Surface Alteration Geology.

Figure 2 – Proposed Geological Model Along Section Line A-A' in Figure 1(Looking NE) with High Sulphidation Epithermal Gold and Porphyry Copper-Molyb

Figure 2 – Proposed Geological Model Along Section Line A-A' in Figure 1(Looking NE) with High Sulphidation Epithermal Gold and Porphyry Copper-Molybdenum Targets.

Planned Drill Program Overview

The upcoming five-hole, 1,500-metre drill program will systematically test high-priority targets identified through geological mapping, geophysical surveys, and geochemical analysis.

  • Target Type: High-Sulfidation Epithermal Gold
  • Drill Holes: 5 diamond drill holes
  • Total Metres: 1,500 m
  • Permitting Status: DIA Environmental Drilling Permit approved (September 2023)
  • Community Support: Strong relationships established with local communities, One year Community Agreement executed March 1, 2025

Figure 3 – Proposed Drill Program – Gold Geochemistry Imposed on the 3D Inversions of IP Chargeability-Resistivity and Magnetic Susceptibility Geophys

Figure 3 – Proposed Drill Program – Gold Geochemistry Imposed on the 3D Inversions of IP Chargeability-Resistivity and Magnetic Susceptibility Geophysical Data.

The 1,000-hectare Pucarini claim hosts multiple gold-bearing advanced argillic alteration zones within a 3.6 x 1.8 km alteration footprint. Surface geochemistry has returned anomalous gold values coinciding with resistivity, chargeability, and magnetic anomalies, highlighting multiple untested targets for drilling. The main target indicated by the soil and rock gold anomaly spans 1.2 km x 700 m within this advanced argillic alteration zone. The coincidence of gold, molybdenum, and copper surface anomalies is supported by a coherent high chargeability anomaly (> 18 mV/V) from the 3D inversion of the IP geophysical survey data with dimensions of 1.5 km along strike x 600 m wide x 400 m deep; to detection limit depth of the IP geophysical survey, which remains open at depth.

The main target also coincides with a high magnetic susceptibility anomaly in the system's center from the 3D inversion of the surface total magnetic intensity geophysical data, suggesting the roots of a deeper porphyry system. This program will mark the first-ever drill program on the property, unlocking its untapped potential.

Figure 4 - Proposed Drill Program – Molybdenum Geochemistry Imposed on the 3D Inversions of IP Chargeability-Resistivity and Magnetic Susceptibility G

Figure 4 -   Proposed Drill Program – Molybdenum Geochemistry Imposed on the 3D Inversions of IP Chargeability-Resistivity and Magnetic Susceptibility Geophysical Data.

Surface rock fragments were analysed using the ASD TerraSpec® mineral spectrometer (" TerraSpec ") which is optimally designed to identify important hydrothermal alteration minerals commonly associated with high sulphidation epithermal gold and porphyry copper systems. Figure 5 provides a compilation of the TerraSpec data where higher-temperature hydrothermal alteration minerals (diaspore, illite, paragonitic illite, muscovitic illite, paragonite, muscovite, sericite, and alunite-Na) and lower-temperature alteration minerals (alunite, alunite-K, alunite-KNa, halloysite, kaolinite, smectite, montmorillonite, and dickite) correlate with high sulphidation advanced argillic alteration and anomalous gold in rock and soil geochemistry. The higher temperature hydrothermal alteration minerals also correlate with anomalous molybdenum in rock and soil geochemistry suggesting a phyllic alteration zone associated with a telescoped porphyry system.

Figure 5 – Gold and Molybdenum Rock and Soil Geochemistry Correlated with Gridded Low and High Temperature TerraSpec Data

Figure 5 – Gold and Molybdenum Rock and Soil Geochemistry Correlated with Gridded Low and High Temperature TerraSpec Data

CEO Patrick Elliott commented: "We are excited about the potential at Pucarini and are finalizing preparations for our inaugural drill program. Given the strong surface geochemistry, extensive alteration, and compelling geophysical signatures, we believe this project presents a promising opportunity for discovery. While waiting for the rainy season to conclude before mobilizing, our team is actively engaged in planning and ensuring all logistics are in place for a successful program."

Figure 6 – Gold Rock Geochemistry, Vuggy Silica, Iron Oxides and Hydrothermal Alteration.

Figure 6 – Gold Rock Geochemistry, Vuggy Silica, Iron Oxides and Hydrothermal Alteration.

Furthermore, the Company has terminated the option agreement with Alta Copper Corp. originally entered into on June 26, 2017. Pursuant to the option agreement, Forte had an option to acquire a 60% interest in the Don Gregorio Cu-Au Porphyry Project located in the Department of Cajamarca, Northern Peru by making cash payments totaling $500,000 USD ($100,000 was paid by Forte) and performing 10,000 m of drilling within 3 years of acquiring drill permits. Due to insurmountable community issues, access to the property was never granted, and the Company was not able to perform the environmental studies needed to acquire the DIA drilling permits, including community approvals for the DIA drill permits. The project was returned in good standing to Alta Copper Corp's Peruvian subsidiary Cobriza Metals. A termination agreement was executed April 8 th , 2025.

QUALIFIED PERSON AND NI 43-101 DISCLOSURE

Richard Osmond, P.Geo., is the Company's Qualified Person (" Qualified Person ") as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.

ABOUT Forte Minerals CORP

Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (" Cu ") and gold (" Au ") assets in Perú. Our strategic partnership with GlobeTrotters Resources Perú S.A.C. (" GTR ") grants us access to a comprehensive project pipeline, enabling us to target the most promising opportunities. This collaboration focuses on historically discovered, drill-ready targets, driving significant value in Cu and Au resource development.

On behalf of Forte Minerals CORP.
(signed) "Patrick Elliott"
Chief Executive Officer

For further information, please contact:
Forte Minerals Corp.
office: 604-983-8847
info@forteminerals.com
www.forteminerals.com

Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/8aa724a4-5df5-4511-ad56-1f339d8ef6db

https://www.globenewswire.com/NewsRoom/AttachmentNg/e3138532-bcd9-496c-8fd3-f6d4f86780f5

https://www.globenewswire.com/NewsRoom/AttachmentNg/33b39d4d-7f89-439f-aff7-7aab874b5068

https://www.globenewswire.com/NewsRoom/AttachmentNg/2a5f6eed-7ca5-4122-b0a9-c7e49191c8af

https://www.globenewswire.com/NewsRoom/AttachmentNg/f43b598b-bd40-4b64-b725-4d7d1c8b249d

https://www.globenewswire.com/NewsRoom/AttachmentNg/164a5ad1-2bb8-43df-b725-cebda4303886


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Developing a portfolio of high-quality copper and gold assets in Peru

Forte Minerals to Present at the Swiss Mining Institute Investment Conference

Forte Minerals to Present at the Swiss Mining Institute Investment Conference

Forte Minerals Corp. ("Forte" or the "Company") ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce that President and CEO Patrick Elliott will be attending and presenting for the first time at the prestigious Swiss Mining Institute ( SMI ) Investment Conference, taking place March 18-19, 2025, in Zurich, Switzerland.

SMI, organized by Bally Capital Advisors SA, is one of Europe's premier mining investment events, known for bringing together over 1,000 leading Asset Managers, Portfolio Managers, Fund Managers, and other professional investors from around the world. This exclusive, invite-only event highlights over 100 selected mining companies and offers unparalleled insights into the global resource sector.

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Forte Minerals Heads to PDAC 2025 Where Exploration Meets Opportunity

Forte Minerals Heads to PDAC 2025 Where Exploration Meets Opportunity

Forte Minerals Corp. ("Forte" or the "Company") ( CSE: CUAU ) ( OTQB: FOMNF ) ( Frankfurt: 2OA ) is excited to announce its participation in the annual Prospectors & Developers Association of Canada ( PDAC ) Convention, happening March 2-5, 2025, at the Metro Toronto Convention Centre.

Join the Forte team at Booth 2736 in the Investor Exchange Pavilion, where copper, gold, and 2025 exploration plans take center stage.

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Forte Minerals Presents at the Metals & Mining Virtual Investor Conference on October 3

Forte Minerals Presents at the Metals & Mining Virtual Investor Conference on October 3

Forte Minerals Corp. ("Forte" or the "Company") ( OTQB: FOMNF ) ( CSE: CUAU ) ( Frankfurt : 2OA ) is pleased to announce that Patrick Elliott President & CEO, will make his debut presentation at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 3, 2023 . Mr. Elliott is looking forward to formally introducing Forte's story to the U.S. investment community and stated, " I'm excited to connect with a new group of investors and showcase why Forte Minerals stands out as a unique player in copper and gold exploration in Peru ."

(CSE: CUAU) (OTQB: FOMNF) (Frankfurt: 2OA) (CNW Group/Forte Minerals Corp.)

DATE : October 3, 2023

TIME: 12:00 pm EDT

LINK: https://bit.ly/44FOnTd

Available for 1x1 meetings: October 3 , 4, and the morning of the 5.

Key Discussion Points
  • Importance of Copper in Peru : The strategic importance of copper exploration and Peru's untapped minerals potential.
  • Collaborative Expertise: The corporate partnership with GlobeTrotters Resources Perú SAC brings together 215 years of combined experience in exploration and mining throughout the Americas.
  • Exploration Strategy: Focused on advancing early-stage prospects and drill-ready targets strategically located in previously explored areas to minimize risk.
  • Community and Corporate Stewardship: Building on a legacy of active involvement with local communities, Forte continues its dedication to community engagement, eco-conscious practices, and social accountability.
  • Future Outlook - Late 2023 & Early 2024: Overview of upcoming projects, milestones, and strategic initiatives scheduled for the next two quarters to sustain growth and value creation.

Forte Minerals Corp. invites investors to participate in the upcoming live, interactive online event. Mr. Elliott will address questions in real time during the conference. For those unable to attend live, a recorded webcast will also be accessible post-event.

To facilitate a smooth experience and stay updated, we strongly advise online attendees to pre-register and conduct an online system check beforehand. FREE Registration here: Virtual Investor Conferences.

About Forte Minerals Corp.

Forte Minerals Corp., a junior exploration company with blended assets in partnership with GlobeTrotters Resources Perú SAC, has built a robust portfolio of high-quality copper and gold assets in Peru . The Company strategically focuses on advancing early-stage prospects through to drill-ready targets, combined with a historically discovered and drilled porphyry system for developing copper and gold resources. In conjunction with its resource focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities.

About Virtual Investor Conferences ®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

On behalf of Forte Minerals CORP.
"/s/" Patrick Elliott
Chief Executive Officer

Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Forte Minerals Corp.

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Forte Minerals Corp. Presents at the Metals and Mining Virtual Investor Conference on October 3, 2023

Forte Minerals Corp. Presents at the Metals and Mining Virtual Investor Conference on October 3, 2023

The Company invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com

Forte Minerals Corp. ( OTQB: FOMNF ) ( CSE: CUAU ) ( Frankfurt: 2OA ) based in Vancouver, British Columbia, is focused on exploring and advancing high-quality copper & gold projects in Peru. The Company is pleased to announce that Patrick Elliott, President & CEO, will present live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 3, 2023.

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Forte Minerals Corp. Presents at the Metals and Mining Virtual Investor Conference on October 3, 2023

Forte Minerals Corp. Presents at the Metals and Mining Virtual Investor Conference on October 3, 2023

The Company invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com

Forte Minerals Corp. ( OTQB: FOMNF ) ( CSE: CUAU ) ( Frankfurt: 2OA ) based in Vancouver, British Columbia, is focused on exploring and advancing high-quality copper & gold projects in Peru. The Company is pleased to announce that Patrick Elliott, President & CEO, will present live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 3, 2023.

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Bold Ventures Announces Non-Brokered Private Placement and First Tranche Closing

Bold Ventures Announces Non-Brokered Private Placement and First Tranche Closing

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to announce a non-brokered private placement offering of up to 6,000,000 working capital units (the "WC Units") of the Company at a price of $0.05 per WC Unit for up to $300,000 and up to 10,000,000 Flow Through units (the "FT Units") at a price of $0.06 per FT Unit for up to $600,000 both of which constitute the "Offering."

The Offering

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WESTERN COPPER AND GOLD PROVIDES INFRASTRUCTURE UPDATE

WESTERN COPPER AND GOLD PROVIDES INFRASTRUCTURE UPDATE

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to provide an update on several infrastructure initiatives supporting the development of its Casino Copper-Gold Project (" Casino Project").

Western Copper and Gold Corporation Logo (CNW Group/Western Copper and Gold Corporation)

Sandeep Singh , President and Chief Executive Officer, stated: "Infrastructure is obviously a key piece of the puzzle to bring the Casino Project into production. Reciprocally, the Casino Project is an important lynchpin to improve the infrastructure of the Yukon and the neighboring north. The required initiatives will take time to unfold, but we are pleased with the overall direction of travel with respect to infrastructure and with the Yukon government's commitment to sustainable mining.

Further, these past several weeks have clearly been disruptive and volatile from an overall economic standpoint. But that volatility has also underscored two specific positive aspects of the Casino Project. First, we have often said that the copper-gold commodity mix makes our project highly resilient. That resilience has shown itself to be incredibly valuable in the last year as the gold price has risen nearly US$750 per ounce. Second, we believe that the groundswell of support politically for mining, and a growing understanding of its role in a more self-reliant Canadian economy, also bodes well for the Casino Project."

B.C.-Yukon Grid Connect Project

On September 17, 2024 , Natural Resources Canada ("NRCan") conditionally approved $40 million in funding to advance pre-feasibility work for a high-voltage transmission energy corridor connecting the isolated Yukon electrical grid to the North American grid in British Columbia . Western is pleased to report that the conditions for this funding have been met by the Yukon Development Corporation ("YDC"), an entity of the Government of Yukon , which included a 25% YDC funding commitment over and above the $40 million from NRCan. Subsequently, a contribution agreement with NRCan was officially signed in Ottawa on February 14, 2025 , where project planning activities have since commenced. With its significant industrial load, the Casino Project is central to the concept behind the grid connection – its advancement signals confidence in the Casino Project's potential and its role in shaping the Yukon's future infrastructure. While Western continues to advance LNG as the Casino Project's base case power solution, the Company looks forward to working alongside YDC and First Nations to help make the grid connection a success.

Yukon Resource Gateway Project

On March 22, 2025 , the Government of Yukon announced the inclusion of the Dempster Highway in the Yukon Resource Gateway Project ("Gateway Project"), expanding the scope of the initiative to include Arctic security and regional connectivity. Whilst positive for the Yukon , a portion of funding previously allocated to the Casino Copper-Gold Access Road has been redirected to support this near-term priority. Western remains in close collaboration with the Yukon government, and discussions on future funding are expected to advance as the project moves through the environmental assessment process, which includes the road.

Port of Skagway Transportation Study

Western has completed an updated transportation study evaluating options for shipping concentrate from the Casino Project to the Port of Skagway ("Skagway"). The study, conducted in collaboration with the Municipality of Skagway and the Government of Yukon , assessed both bulk and containerized transportation methods, assessed infrastructure requirements at Skagway, and provided feasibility-level capital and operating cost estimates across multiple scenarios. Several promising transportation alternatives were identified, with costs broadly in-line with, or lower than, the Company's 2022 feasibility study estimates.

ABOUT western copper and gold corporation

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.  For more information, visit www.westerncopperandgold.com .

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.

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
President and CEO
western copper and gold corporation

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding the timing, funding, and progress of infrastructure initiatives, including the B.C.-Yukon Grid Connect Project, the Yukon Resource Gateway Project, and transportation options to the Port of Skagway. These statements are based on current information and interpretations, which may evolve as discussions with governments continue and additional technical and environmental work is undertaken.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino project, potential impacts on operational continuity, changes in general market conditions that could affect the Company's performance; and other risks and uncertainties disclosed in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the timely advancement of infrastructure initiatives, the continued support and collaboration of the Yukon government and other stakeholders, the availability of funding for such initiatives, and such other assumptions and factors as set out herein, and in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company's views as of the date of this news release. There can be no assurance that any forward-looking statements will 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 statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.

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Pan American Silver to Announce First Quarter 2025 Unaudited Results and Host Annual General and Special Meeting of Shareholders on May 7

Pan American Silver to Announce First Quarter 2025 Unaudited Results and Host Annual General and Special Meeting of Shareholders on May 7

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (" Pan American ") will announce its unaudited results for the first quarter of 2025 after market close on Wednesday, May 7, 2025. Pan American will also be holding its Annual General and Special Meeting of shareholders (the "Shareholders Meeting") the same day at 3:00 pm PT.

First Quarter 2025 Unaudited Results Conference Call and Webcast

Upon registration, you will receive the dial-in details and a unique PIN to access the call. This process will bypass the live operator and avoid the queue. Registration will remain open until the end of the live conference call.

Those without internet access or who prefer to speak with an operator may dial:

1-833-752-3507 (toll-free in Canada and the U.S.)
1-647-846-7282 (International Participants)

The live webcast, presentation slides and the report for the first quarter of 2025 will be available at https://panamericansilver.com/invest/financial-reports-and-filings/ . An archive of the webcast will also be available for three months.

Annual General and Special Meeting of Shareholders

Pan American is scheduled to hold its Shareholders Meeting at 3:00 pm PT on Wednesday, May 7, 2025 at 1200 Waterfront Centre, 200 Burrard Street, Vancouver, British Columbia, Canada. The Management Information Circular, Notice of Annual General and Special Meeting of Shareholders, Form of Proxy and other proxy-related materials for the Shareholders Meeting are available at https://panamericansilver.com/invest/financial-reports-and-filings/ . The Shareholders Meeting will not be webcast.

About Pan American Silver

Pan American Silver is a leading producer of silver and gold in the Americas, operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. We also own the Escobal mine in Guatemala that is currently not operating, and we hold interests in exploration and development projects. We have been operating in the Americas for over three decades, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on the New York Stock Exchange and the Toronto Stock Exchange under the symbol "PAAS".

Learn more at panamericansilver.com

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For more information contact:
Siren Fisekci
VP, Investor Relations & Corporate Communications
Ph: 604-806-3191
Email: ir@panamericansilver.com

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Aranjin Resources Announces Closing of Private Placement and Debt Settlement

Aranjin Resources Announces Closing of Private Placement and Debt Settlement

Aranjin Resources Ltd. (TSXV: ARJN) ("Aranjin" or the "Company") announces that it has closed its previously announced non-brokered private placement, raising total gross proceeds of $230,400 through the issuance of 2,880,000 units (each, a "Unit"), at a price of $0.08 per Unit (the "Offering"). Each Unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.105 at any time on or before that date which is twenty-four months after issuance.

The Company intends to use the net proceeds received from the sale of the Units to maintain the Company's Projects in South Australia and Mongolia and for general working capital. The Company did not pay any finders' fees in relation to the Offering.

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