Hispania Resources Completes Site Visits in Spain

Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or "the Company") is pleased to announce that management, members of the board of directors, and geological teams completed site visits over the past two weeks across Spain. These sites are mineral projects located in Castile y Leon and Extremadura, Spain. During these visits, the teams completed property inspections, as well as meetings with Regional and local municipal authorities.With respect to the Lumbrales project, the final transfer documents were signed and notarized with Siemcalsa representatives. Thereafter, the teams reviewed and collected in country material and project reports and visited the Marie Tere site to determine property conditions and begin work activity planning. "We are very pleased to have completed all formal documentation and processes with Siemcalsa and regional governments to take formal ownership of this exciting base metals project and the existing infrastructure" commented Norman Brewster, Chief Executive Officer of Hispania.

The team also visited the regional government office and Mineral Department in Extremadura, the town of Puebla de la Reina and it's Mayor. Arrangements were also made to call a tender for Airborne Geophysical survey work to consist of Gravemetric and Magnetic surveys over the expansive Herraris Permit. "We are looking forward to developing the PBR project in Extremadura and with the improved prices of copper and zinc, the opportunities here will be exciting to develop," commented Mr. Brewster.

About Hispania Resources Inc.

Hispania Resources Inc. is a mineral exploration company focused on mining opportunities in Spain. Hispania is currently focused on developing the long-term mining potential of its core assets, the Zinc, Copper, Lead enriched Puebla de la Reina ("PBR") property in the low-risk and historic mining district of Extremadura in Southwest Spain; as well as the Marie Tere project in Lumbrales. Hispania, through its subsidiary, La Joya, has entered into a purchase agreement with Auplata S.A. to acquire a 100% interest in the PBR property and has acquired the Lumbrales property. The management of Hispania contains industry veterans who have more than 120 years of mineral exploration and production experience in multiple jurisdictions and have successfully managed multiple international mining companies. This includes in Spain, where some of the team was responsible for the founding and building of Iberian Resources, with the continued support of the local and regional governments, including the well-developed and sophisticated transportation and mining infrastructure.

For more information on Hispania Resources Inc., visit: http://HispaniaResources.com/.

Contact Information

For more information or interview requests, please contact:

Norman Brewster - Chief Executive Officer
Norm@HispaniaResources.com
(416) 970-3223

Rahim Allani - Director
Rahim@HispaniaResources.com
(416) 457-0549

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information can be identified by words such as: "intend", "believe", "estimate", "expect", "may", "will" and similar references to future periods. Examples of forward-looking information include, among others, the expected completion of the acquisition of the Lumbrales property, the expected anticipated activity at the Lumbrales property, as well as information relating to Hispania. Although Hispania believes that, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because Hispania can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risk that the future plans of Hispania may differ from those that currently are contemplated Additional risks include those disclosed in the Filing Statement, which are incorporate herein by reference and are available through SEDAR at www.sedar.com. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

This news release is not an offer of the securities for sale in the United States. The securities described in this news release have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) absent registration or an exemption from registration. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state in which where such offer, solicitation or sale would be unlawful.

Neither the 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 news release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167247

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Hispania Resources TSXV:ESPN Base Metals Investing

ESPN:CA

Hispania Resources Inc. Announces Acquisition of Lumbrales Permit

Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or "the Company") is pleased to announce that it has acquired a 100% ownership in the Lumbrales Deposit (the "Lumbrales Permit"), situated in the Stanniferous Iberian Belt. This belt is a prolific mining region, which includes more than 100 Tin and Tungsten deposits in Spain and Portugal. Hispania acquired the Lumbrales Permit from Siemcalsa, a company controlled by the administration of Castile Leon in Spain.

The 2,900 Hectare Lumbrales Permit contains the formerly producing Mari Tere mine and two other artisanal tin prospects situated in Castille, about 115 kilometers west of the city of Salamanca. The permit was acquired from Siemcalsa for €250,000 (approximately CAD $374,500). At the time of its closure in 1986, the Mari Tere mine had established tin and molybdenum resources.

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Hispania Resources to Begin On-Site Preparations for Exploration Program at Las Herrerias, on the Puebla de la Reina Property, Spain

Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or the "Company") wishes to inform shareholders that it is preparing for the exploration program to be carried out at Las Herrerias ("Las Herrerias"), on the Puebla de la Reina property, located in Extremadura, Spain. Management will be onsite in early February to meet with its geological team to review and visit local geological areas of interest on the property identified by the work carried out in 202122 by the company.

While in the region, company management will be meeting with additional firms that carry out geophysical and diamond drilling activities, with the objective of determining timing and scope for the upcoming work at Las Herrerias. Further, management intends to again meet with the regional Ministry and politicians, including the Mayor of Puebla de la Reina, as they did in July, 2022, to ensure all local stakeholders needs are met.

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Hispania Resources Announces the Preparation of its Three-Year Exploration Program at Las Herrerias, on the Puebla de la Reina Property in Spain

Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or the "Company") is pleased to update its plans for the coming year and prepares for its exploration program at the Puebla de la Reina ("PBR") property, Las Herrerias permit, for the next three years. This program consists of surface exploration, geophysics, surface sampling and diamond drilling across the property, which is located in a mining friendly jurisdiction in Southern Spain.

During the second half of the year, as travel opened up, Hispania's team met with regional government officials as well as the local Mayor in PBR to update on the company's plans going forward. The Mayor was appreciative and supportive of the Company's work during the COVID-19 pandemic, and was looking forward to more work in the area going forward. This continued through the back half of the year and after meeting with Government officials in Extremadura in the 3rd quarter of the year, "we presented the work program for Herrerias to the mining authorities and are pleased that it has been recommended for implementation," commented Norm Brewster, CEO of Hispania. The Company expects to begin this work program during the second quarter of 2023.

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Hispania Resources Announces Opening of the Stock Market with the TSX Venture Exchange

Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or the "Company") is pleased to announce that it will be ringing the opening bell to open the stock market at the TSX Venture Exchange at 9:30am EST today.

To mark the occasion key stakeholders and members of Hispania's team in Toronto will be present at the TSX's presentation centre in Toronto, as well as stakeholders in Spain virtually. "We are proud to mark this significant occasion for our investors and partners today at the TSX Venture Exchange," said Norm Brewster, CEO of Hispania. "This is another key step for us as a public company and we look forward to many more opportunities to grow and celebrate the developments of Hispania. We would also like to thank the Exchange and its staff for its continued support."

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Merida Announces Name Change and Results of Annual General and Special Meeting

Merida Minerals Holdings Inc ., (the " Corporation " or " Merida ") (TSXV: ESPN) announced that the Corporation has changed its name to "Hispania Resources Inc." effective November 17, 2022. The common shares of the Corporation will commence trading under the new name on the TSX Venture Exchange under its current trading symbol "ESPN" at market open on December 14, 2022. There is no consolidation or change in the share capital. The Corporation is changing its name as it plans to acquire additional mining property in various regions of Spain. Given these plans for expansion, the Corporation felt that the current name "Merida", being a reference to the specific region in Spain where the Corporation's current mining property is located, is no longer appropriate.

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SKRR EXPLORATION INC. ANNOUNCES DEBT SETTLEMENT

SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (" SKRR " or the " Company ") announces that it entered into a debt settlement agreement with an arm's length party of the Company, to settle an aggregate $50,000 of debt in consideration for the issuance of an aggregate 1,000,000 common shares (the " Shares ") at a deemed price of $0.05 per Share (the " Debt Settlement "). The debts are for unpaid advisory fees.

The Debt Settlement is subject to TSX Venture Exchange approval, and all Shares will be subject to a four month hold period.

About SKRR Exploration Inc. :

SKRR is a Canadian-based precious and base metal explorer with properties in British Columbia and Saskatchewan – some of the world's highest ranked mining jurisdictions. The primary exploration focus is on the Trans-Hudson Corridor in Saskatchewan in search of world class precious and base metal deposits. The Trans-Hudson Orogen – although extremely well known in geological terms has been significantly under-explored in Saskatchewan . SKRR is committed to all stakeholders including shareholders, all its partners and the environment in which it operates.

ON BEHALF OF THE BOARD

Sherman Dahl
President & CEO
Tel: 250-558-8340

Neither the 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 news release.

Cautionary Statement Regarding Forward Looking Information

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements that address the Debt Settlement, and other statements relating to the technical, financial and business prospects of the Company, its projects and other matters, and the Company's plans and goals. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company 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 may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, the ability to secure equipment and personnel to carry out work programs, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, the interpretation of technical and scientific data, risks related to the inherent uncertainty of exploration and development and cost estimates and the potential for unexpected costs and expenses and including those filed under the Company's profile on SEDAR at www.sedar.com . There is a possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, decrease in the price of metals, equipment failures or failure to obtain the necessary equipment, failure to maintain all necessary government permits, approvals and authorizations, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, failure to maintain community acceptance (including First Nations), increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

SOURCE SKRR Exploration Inc.

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Trailbreaker Resources Acquires Golden Sable Property, South-Central BC

Trailbreaker Resources Ltd. (TBK.V) ("Trailbreaker" or "the Company") is pleased to announce that it has acquired the 2,568-hectare Golden Sable property in south-central British Columbia (BC).

The Golden Sable property is located 175 km northeast of Kamloops, BC and 20 km south of Bridge Lake, BC. It is easily accessible via Highway 24 and the Bonaparte forest service road. The property was acquired through an option agreement with Cordilleran Properties and further expanded by Trailbreaker via additional staking.

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Lumina Gold Announces Receipt of First Early Deposit Payment of US$12M from Wheaton Precious Metals

Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the "Company" or "Lumina") is pleased to announce that it has received the first US$12 million payment (the "First Early Deposit Payment") under the previously announced precious metals purchase agreement (the "Gold Stream") with Wheaton Precious Metals International Ltd. ("Wheaton") in relation to its 100% owned Cangrejos gold-copper project located in El Oro Province, Ecuador (the "Project" or "Cangrejos").

The principal terms of the First Early Deposit Payment and the Gold Stream are as described in the Company's news release dated May 16, 2023 , whereby Wheaton will pay a total of US$300 million to acquire 6.6% of the payable gold produced from the Project until 700,000 ounces of gold have been delivered, and 4.4.% thereafter, with US$48 million being paid as an early deposit pre-construction and US$252 million being paid during construction.

The Company also wishes to clarify information disclosed in its May 16, 2023 news release, to revise the original statement from "Wheaton will pay a production payment representing 18.0% of the spot price of gold for the first 700,000 ounces and 22.0% of the spot price of gold thereafter" to "Wheaton will make ongoing payments for the gold ounces delivered equal to 18.0% of the spot price of gold until the uncredited deposit is reduced to nil and 22.0% of the spot price of gold thereafter".

About Lumina Gold

Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador . In 2023, the Company completed a Preliminary Feasibility Study (the "PFS") for Cangrejos, which is the largest primary gold deposit in Ecuador . Lumina has an experienced management team with a successful track record of advancing and monetizing exploration projects.

Follow us on: Twitter , Linkedin or Facebook .

Further details are available on the Company's website at https://luminagold.com/ . To receive future news releases please sign up at https://luminagold.com/contact .

Lumina Gold Corp.

Signed: "Marshall Koval"

Marshall Koval , President & CEO, Director

Neither the 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 news release.

Cautionary Note Regarding Forward-Looking Information

Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the Company's decision and ability to develop the Project into a producing mine; payment by Wheaton of $300 million to Lumina and the satisfaction of each party's obligations in accordance with the Gold Stream; and the delivery to Wheaton of gold production in respect of the Project. Often, but not always, forward-looking statements or information can be identified by the use of words such as "will" or "projected" or variations of those words or statements that certain actions, events or results "will", "could", "are proposed to", "are planned to", "are expected to" or "are anticipated to" be taken, occur or be achieved.

With respect to forward-looking statements and information contained herein, the Company has made numerous assumptions including among other things, assumptions about general business and economic conditions; the prices of gold, copper and silver; the Company's ability to meet its obligations under the Gold Stream and other material agreements; the accuracy and reliability of technical data, forecasts, estimates and studies, including the PFS; the accuracy of slope guidance underlying the engineered pit design; estimates of mineral resources and mineral reserves; anticipated costs and expenditures; future results of operations; ability to satisfy power infrastructure and water capacity requirements; availability and ability to procure personnel, machinery, supplies, and equipment from local sources where possible; the characteristics of the Project producing innate positive environmental impacts; tax rates and royalty rates applicable to the Project; the relationship between the Company and the local communities and its business partners; ability to operate in a safe and effective manner; and the success of exploration, development and processing activities. The foregoing list of assumptions is not exhaustive.

Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks relating to exploration activities and accurately predicting mineralization; the timing and ability of the Company to obtain necessary permits; risks relating to inaccurate geological and engineering assumptions (including with respect to the tonnage, grade and recoverability of reserves and resources); risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters); capital costs varying significantly from estimates; business and economic conditions in the mining industry generally; risks associated with the business of the Company; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; inflation and credit risks; risks relating to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities administrators. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

View original content to download multimedia: https://www.prnewswire.com/news-releases/lumina-gold-announces-receipt-of-first-early-deposit-payment-of-us12m-from-wheaton-precious-metals-301835971.html

SOURCE Lumina Gold Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2023/26/c8359.html

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Name of Nominee	Votes cast FOR	% votes cast FOR	Votes WITHHELD	% votes WITHHELD
Norman Brewster	24,660,980	99.556%	110,000	0.444%
Rahim Allani	24,675,980	99.616%	95,000	0.384%
Modesto Eduardo Olarte Soto	24,675,980	99.616%	95,000	0.384%

Hispania Resources Completes Site Visits in Spain

Overview

Company Highlights

Key Projects

Puebla de la Reina Zinc-Copper-Lead Project

Project Highlights:

Lumbrelas Permit

Management Team

Norman Brewster - Chief Executive Officer and Director

Kyle Appleby - Chief Financial Officer

Brian H. Newton - Chief Geologist

Eduardo Olarte - Director

Rahim Allani - Director

Miguel Cabal - Director

Latest Press Releases

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