Generic Gold Announces 1,500 m Drill Program Targeting High Priority EM Plates on Belvais Project, Québec

Generic Gold Corp. (CSE: GGC) (FSE: 1WD) (OTCQB: GGCPF) ("Generic Gold" or "Generic" or the "Company") is pleased to announce that it has obtained the required permits for a new 1,500-metre diamond drill program on the Belvais Project, located in the northwestern region of Québec's Abitibi greenstone belt. The program is to follow up on high-priority EM (electromagnetic) targets that were discovered in the recently completed BHEM (borehole electromagnetics) program. The strongest and highest priority of these BHEM anomalies lies only 25m under surface and is approximately 1.2km south of Starr Peak Mining's recent drilling on their Normetmar VMS deposit. Figure 1 demonstrates three of the planned diamond holes (yellow collars) with their associated EM plates (orange) that are being targeted. The drill rig is set to mobilize mid-week and begin drilling immediately after.

The BHEM technique has seen great success in the immediate area with neighbouring Starr Peak Mining (TSXV: STE), which has successfully converted its BHEM anomalies into VMS targets, and was their main discovery tool at the NewMétal property (see Starr Peak Press Release dated February 23, 2021), which borders Generic's, Belvais property.

The Chicobi belt has seen a renewed exploration focus over recent years, largely due to numerous high-grade gold discoveries by bordering Amex Exploration (TSX-V: AMX). The area is historically very underexplored for gold and has the potential to become another major gold producing belt of the Abitibi, all in the while remaining highly prosperous for further VMS discoveries. Neighbouring Amex Exploration has been recently named Exploration Company of the Year at Mines and Money London, highlighting the quality of assets in the immediate area.

As shown in Figure 2, the Belvais project lies directly south-east of Amex Exploration's Perron Project, which recently announced a new VMS discovery (the QF Zone) along the Normétal Mine Sequence (see Amex Press Release dated August 9, 2021), and is also directly east and south-east of Starr Peak's NewMétal project, which announced high-grade VMS mineralization on their Normetmar target (see Starr Peak Press Release dated May 4, 2021). Both of these new discoveries occur along the Normétal Fault which is of particular significance for Generic Gold, as the Company holds over 20 km of the Normétal Fault on its Belvais claims and is one of the largest landholders in the area with 12,563 hectares.

Figure 1: Location of planned holes P-GEN-22-22A to 24A (yellow collars) with their associated EM plates (orange) being targeted, with TMI (total magnetic intensity) shaded in the background Note the proximity to the town of Normétal, the historic Normétal VMS mine, the important Normétal fault and Normetmar deposit currently being advanced by Starr Peak Mining.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3923/146893_figure1.jpg

Figure 2: Generic Gold's Belvais project with respect to Amex Exploration's Perron project and Starr Peak's NewMétal project, noting the highlighted Normétal Mine Horizon sequence (shown in blue) of which Generic holds up to 18km of.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3923/146893_74078abf04256b2f_005full.jpg

Qualified Person

Aaron Stone P.Geo, (OGQ - 2170), Vice President Exploration of Generic Gold and Qualified Person ("QP") as such term is defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the geological information reported in this news release. The Qualified Person has not completed sufficient work to verify the historical information on the Property and in the vicinity, particularly in regards to historical drill results and historical mine production. However, the Qualified Person believes that these results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results. Also, mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

About Generic Gold

Generic Gold is a Canadian mineral exploration company focused on gold projects in the Tintina Gold Belt in the Yukon Territory of Canada and the Abitibi Greenstone Belt in Quebec, Canada. The Company's Quebec exploration portfolio consists of four properties covering 12,563 hectares proximal to the town of Normétal, and east of Amex Exploration's Perron project and the past-producing Normétal mine. The Company's Yukon exploration portfolio consists of several projects with a total land position of greater than 35,000 hectares, all of which are 100% owned by Generic Gold. Several of these projects are in close proximity to significant gold deposits, including Goldcorp's Coffee project, Victoria Gold's Eagle Gold project, White Gold's Golden Saddle project, and Western Copper & Gold's Casino project. Generic Gold's board of directors and management team is led by experienced mining industry professionals, with expertise in exploration, finance, capital markets, and mine development. For information on the Company's property portfolio, visit the Company's website at www.genericgold.ca.

For further information contact:

Generic Gold Corp.
Aaron Stone, VP Exploration
Tel: +1 (514) 235-6012
astone@genericgold.ca

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR THEIR REGULATION SERVICES PROVIDERS ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain statements in this press release are "forward-looking" statements within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Forward-looking statements are necessarily based upon the current belief, opinions and expectations of management that, while considered reasonable by the Company, are inherently subject to business, economic, competitive, political and social uncertainties and other contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws. Investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. We seek safe harbour.

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Generic Gold Corp GGC:CNX CNSX:GGC Precious Metals Investing

GGC:CNX

Generic Gold Announces Multiple New BHEM Targets and Discusses Phase 2 Drilling Results on Belvais Project, Québec

Generic Gold Corp. (CSE: GGC) (FSE: 1WD) (OCTQB: GGCPF) ("Generic Gold" or "Generic" or the "Company") is pleased to announce that its recently completed BHEM (borehole electromagnetic) geophysical program has uncovered multiple strong anomalies across the Belvais Project, located in the northwestern region of Québec's Abitibi greenstone belt. Eight (8) anomalies in total have been modelled, with four (4) having a moderate to strong signal response (See Table 1). The strongest and highest priority of these BHEM anomalies lies only 25m under surface and is approximately 1.2km south of where Starr Peak Mining is drilling on their Normetmar VMS deposit. The program was completed by geophysical contractor Abitibi Geophysics of Val d'Or, Québec with a secondary expert opinion provided by Marc Boivin, P.Geo. of MB Geosolutions. Generic Gold will now evaluate these prospects for further diamond drilling. Figure 2 presents the suggested follow-up drillholes.

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OG DNA Genetics Inc. and Generic Gold Corp. Announce Definitive Agreement

OG DNA Genetics Inc. (“DNA”), a globally recognized leading cannabis brand, and Generic Gold Corp. (CSE:GGC, FSE:1WD) (“Generic Gold”) are pleased to announce that they have entered into a definitive agreement (the “Definitive Agreement”) to complete their previously announced business combination (the “Proposed Transaction”). Upon completion of the Proposed Transaction, the securityholders of DNA will hold substantially all of the outstanding securities of Generic Gold (the “Resulting Issuer”), and the Resulting Issuer will carry on the business of DNA. A copy of the Definitive Agreement will be made available on Generic Gold’s SEDAR profile at www.sedar.com.

Details of the Proposed Transaction

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Generic Gold Announces Results of Exploration Program on Its VIP Gold Project, Yukon

Generic Gold Corp. (CSE:GGC) (“Generic Gold” or the “Company”) announces the results of a reverse circulation (“RC”) drill program on its VIP property in Yukon, Canada.

The drill program consisted of 1,090 metres in 11 shallow drillholes testing several multiparameter targets on the property. The majority of the program was focused on an area known as the Redbull Zone, on which the Company has completed several preparatory exploration campaigns including soil sampling, prospecting, geoprobe sampling, and trenching (see Generic Gold press release dated September 21st, 2018). Drilling confirmed the auriferous nature of the structure, with broad zones of anomalous low grade gold mineralization, as shown in Table 1 and Figure 1 below. Economic grade mineralization was not encountered during this campaign, although within the mineralized intervals noted below every sample returned elevated gold values. This is indicative of a primary mineralized structure. The next stage of exploration on the target will involve testing laterally along this fault for secondary mineralizing cross-cutting structures or variations in host rocks which may deform in a more brittle fashion and increase the potential for higher gold values elsewhere in the system.

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Generic Gold Announces Completion of Drill Program on Its VIP Gold Project, Yukon

Generic Gold Corp. (CSE:GGC) (“Generic Gold” or the “Company”) is pleased to provide an update on its recently completed reverse circulation (“RC”) drill program on its VIP property in Yukon, Canada.

President and CEO, Kelly Malcolm commented: “During the first ever drill program on the VIP property, Generic completed 1,090 metres in 11 shallow drillholes testing the Redbull, Monster and Rockstar Zones. I am very excited about the geology and mineralization we’ve encountered during the program. In addition to the expected oxidized mineralization we were targeting which occurred over substantial widths, we have encountered abundant concentrations of unoxidized sulfides and associated favourable alteration further downhole. We are very much looking forward to receiving assay results from the project, which is just 20 kilometres west and on trend from the Coffee Gold project which was purchased by Goldcorp for $520 million in 2016.”

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Generic Gold Initiates Work Program Including RC Drilling on Its VIP Gold Project, Yukon

Generic Gold Corp. (CSE:GGC) is pleased to announce that a drill and field crews have mobilized to the VIP property to initiate a reverse circulation (“RC”) drilling program along with regional generative exploration work.

President and CEO, Kelly Malcolm commented: “We are very excited to begin drilling on the VIP project, which is the first time this property has ever been drill tested. The VIP project has been a high priority since the acquisition of our property portfolio in May of 2017. Since acquisition, we have completed soil sampling, prospecting, mechanical trenching, geoprobe sampling, and geophysical interpretations which have identified several high priority drill targets. The property is proximal and on trend to one of the most advanced and exciting exploration projects in the Yukon, Goldcorp’s Coffee project, and work to date has identified similar geology and mineralization. I look forward to updating the market as our program progresses.”

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Freegold Reports 2023 Final Results - Continues to Confirm Western Expansion

Freegold Ventures Limited (TSX: FVL) (OCTQX: FGOVF) ("Freegold" or the "Company") is pleased to report results from the final two holes of the 2023 drill program. The 2023 drill results will be incorporated into an updated mineral resource estimate ("MRE"), which is anticipated to be released later this quarter.

The drilling conducted in 2023 successfully demonstrated the potential for immediate expansion towards the west, with potentially higher grades. It is important to note that the Golden Summit already has a significant gold resource. However, the potential for higher grades at shallower depths to the immediate west is substantial and could significantly alter the overall project economics. Therefore, we are confident that targeting shallower, higher-grade mineralization before undertaking economic studies will unlock even greater value in this project. Drilling is expected to commence shortly.

Hole GS2337 was drilled at an azimuth of 315 ^o to cross the Tolovana Vein swarm extensions to the southwest. The hole successfully intersected various zones of higher-grade mineralization.

HOLE NUMBER	AZIMUTH	Dip	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2336	360	-55	831.3	15.9	31.1	15.2	0.52
				166.1	218.5	52.4	0.59
				257.7	677.3	419.6	0.86
including				308.2	327.7	19.5	4.26
including				308.2	311.2	3	25.3
including				483.1	504.7	21.6	1.09
including				521.8	558.4	36.6	2.86
including				521.8	524.9	3.1	28.8
including				655.9	677.3	21.4	0.75
				708.7	726	17.3	0.86
				758.2	772.4	14.2	1.43
GS2337	315	-50	784.3	260	704	444	0.85
including				341	354.7	13.7	1.21
including				367.8	443	75.2	1.31
including				367.8	369	1.2	20.2
including				506	517	11	2.27
including				552.1	575	22.9	0.94
including				668	704	36	2.01
including				668	671	3	13.45

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

The Tolovana vein swam lies within the three clear and immediate extensional geochemical trends identified: two south-southwest flanking trends and a clear east-west trend. The 2024 drill program will focus on exploring these identified trends.

2023 Drilling Demonstrated:

The potential to further expand the resource along strike to the west within a 1.5-kilometre-long gold-in-soil geochemical anomaly with the potential to increase the overall resource grade at shallower depths;
Defined boundaries of the existing resource and;
Demonstrated the potential for the Saddle Zone to host additional gold and silver mineralization.

Metallurgical work remains ongoing, and further metallurgical test work will be completed during the 2024 program to enhance the Golden Summit Project's overall economics.

A plan map showing the locations of the reported holes and the Section for GS2337 can be found here:

https://freegoldventures.com/site/assets/files/6287/gs2337-section.pdf

https://freegoldventures.com/site/assets/files/6287/gs-plan-04172024.pdf

A sample quality control/quality assurance program has been in place throughout the program. Drill cores were cut in half using a diamond saw, with one-half placed in sealed bags for preparation and subsequent geochemical analysis by ALS Laboratories. Core samples were prepared in ALS's facility using the PREP-31BY package. Each core sample is crushed to better than 70 % passing a 2 mm (Tyler 9 mesh, US Std. No.10) screen. A split of 1kg is taken and pulverized to better than 85 % passing a 75-micron (Tyler 200 mesh, US Std. No. 200) screen; a portion of this pulverized split is digested by Four Acid and analyzed via ICP-AES (method code ME-ICP61). Fire Assay analyzes all samples with an AAS finish, method code Au-AA23 (30g sample size) and over 10 g/t are automatically assayed using a FA Grav method, Au-GRAV21. Additional Au screening is performed using ALS's Au- SCR24 method; select samples are dry-screened to 100 microns. A duplicate 50g fire assay is conducted on the little fraction, and an assay is conducted on the entire oversize fraction. Total Au content, individual assays, and weight fractions are reported. Analytical and assay procedures are conducted in ALS's North Vancouver and Reno facilities.

A QA/QC program included laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

The Qualified Person for this release is Alvin Jackson , P.Geo. – Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited

Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2023 , filed under Freegold's profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold's business, results of operations, and financial condition.

SOURCE Freegold Ventures Limited

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Silver North Closes Non-Brokered Private Placement

(TheNewswire)

Vancouver, BC, April 11, 2024 TheNewswire S ilver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF, Frankfurt: I90, " Silver North " or the " Company ") is pleased to report that it has closed the financing announced on March 14, 2024 and updated April 4, 2024. The Company raised $650,000 from the sale of 6,500,000 "Units" at $0.10 per Unit.

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DRILL HOLE	AZ	DIP	FROM (METERS)	TO (METERS	INTERCEPT METERS	GOLD INTERCEPT GRAMS PER TONNE fire assay
DKL-20-RC-007	350	-60	108	138	30	3.31
			108	128	20	4.83
			108	126	18	5.35
			108	124	16	5.92
INCLUDES			108	110	2	1.175
			110	112	2	1.06
			118	120	2	2.28
			120	122	2	39.6
			122	124	2	1.645

DKL-20-RC-009	360	-45	50	60	10	1.61
INCLUDES			54	56	2	1.6
			52	54	2	4.11
			76	84	8	0.26
			96	104	8	0.21
			108	118	10	0.2
			120	126	6	0.31
			128	136	8	0.24
			140	150	10	0.47

DKL-20-RC-010	360	-45	64	66	2	1.46
			74	82	8	1.89
INCLUDES					2	6.54

DRILL HOLE	AZIMUTH	DIP	FROM	TO	LENGTH	Au g/t
DKL-21-DD-001	0	-60	80	81	1	2.87
			103	135	32	0.75
		INCLUDES	112	135	23	0.95
		INCLUDES	120	135	15	1.01
			123	135	12	1.14
		Includes	129	130	1	2.46
			134	135	1	6.88
			187	194	7	1.46
		INCLUDES	188	189	1	2.03
			190	191	1	4.87
DKL-21-DD-002	0	-50	75.5	77	1.5	1.94
			91	119	28	1.90
		INCLUDES	91	95	4	10.87
			91	92	1	15.10
			94	95	1	17.00
			102	103	1	1.78
			106	107	1	1.09
			110	111	1	1.79
			118	119	1	2.38
			144	145	1	2.04
			154	164	10	1.43
		INCLUDES	156	157	1	10.60
DKL-21-DD-008	360	-60	168	180	12	1.18
		INCLUDES	179	180	1	12.7

Generic Gold Announces 1,500 m Drill Program Targeting High Priority EM Plates on Belvais Project, Québec

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