Base Metals

Hispania Resources

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.

"We are looking forward to returning to site, and working with our local team, as well as local drilling firms, to have additional resource work completed on site, and look at the additional areas of interest noted by our local geological team that had not previously been investigated by the two previous property owners. In addition, we are keen to ensure that all governmental and environmental objectives of Hispania are being met in conjunction with local stakeholders, including the Mayor of Puebla de la Reina, Ms Ana María Redondo, who we continue to consult and work with", noted Norman Brewster, Chief Executive Officer.

The area at Puebla de la Reina is a pre-identified high grade copper and zinc area. We believe the new zones to the west may offer additional similar opportunities. With the increased price both of copper and zinc, as well as improved technology for metal extraction, the Company believes there may be value in these previously unexplored areas. Some of these new and additional areas, as well as continued areas of interest and findings to date are noted in the Exhibits below.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8711/153036_d6328a06e4e7b967_001.jpg

Image 1: Hispania Directors Norman Brewster, Rahim Allani and Eduardo Olarte with Mayor of Puebla de la Reina, Ms Ana María Redondo, July 2022.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8711/153036_d6328a06e4e7b967_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8711/153036_d6328a06e4e7b967_002.jpg

Image 2: Map of Las Herrerias, PBR property, showing areas that are considered to be geologically interesting and were selected for initial groundworks consisting of geophysics (electromagnetics) which were contracted to the firm Genostica, of Huelva, Spain.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8711/153036_d6328a06e4e7b967_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8711/153036_d6328a06e4e7b967_003.jpg

Image 3: This image depicts area lying to the west of Puebla de la Reina and shows the results of the geophysical program. The maroon symbols represent strong conductive anomalies which represent new areas of investigation, and will be further investigated initially with geophysics, ground trenching, and rock sampling where practical. Interesting results will be followed up with diamond drilling.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8711/153036_d6328a06e4e7b967_003full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8711/153036_d6328a06e4e7b967_004.jpg

Image 4: This image represents the area around the village of Puebla de la Reina. The open area in the centre is the local of the existing historical resource on the property (500,000 tonnes at 11.5% Zn, 1.6% Cu, and 1.2% Pb and 32 gpt/Au Outukumpu 1999-2001). The symbols represent the electromagnetic responses with the maroon responses being strong anomalous conductors. Additional work is warranted which will consist of geophysics, ground trenching, and sampling where practical. Interesting results from this work will be followed by diamond drilling.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8711/153036_d6328a06e4e7b967_004full.jpg

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 asset, the Zinc, Copper, Lead enriched Puebla de la Reina ("PBR") property in the low-risk and historic mining district of Extremadura in Southwest Spain. The PBR property covers an area of 90 km2. 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. 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 commencement of work on the PBR project, the expected meetings with local drilling firms, 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/153036

News Provided by Newsfile via QuoteMedia

ESPN:CA
The Conversation (0)
Hispania Resources

Hispania Resources


Keep reading...Show less
Hispania Resources

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.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Hispania Resources Announces Opening of the Stock Market with the TSX Venture Exchange

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."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Merida Announces Name Change and Results of Annual General and Special Meeting

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.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Merida Minerals Inc

Merida Minerals Holdings Inc. Announces Re-Assay Results from Its Puebla de la Reina Property in Spain

Merida Minerals Holdings Inc. (TSXV: ESPN) ("Merida" or "the Company") is pleased to announce the results of initial core samples that have been re assayed from its Las Herrerais property, located near the village of Puebla de la Reina in Extremadura, Spain. The samples were procured from the secured facility that is controlled by the Geological and Mining Institute of Spain (Instituto Geologico y Minero de Espana or "IGME") located in Pennaroya, Extremadura. The core represents drilling carried out by IGME and Outukumpu on the Las Herreiras property previously.

The historical drilling was first carried out by IGME, which drilled 1,732.90 metres between 1984 and 1987.
IGME calculated a resource of 300,000 tonnes with grades of 1.6% Cu., 11% Zn., 1.2% Pb and 32 g/t Agi.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Heritage Mining Announces Early Issuance of Exploration Permit for Flagship Project Drayton Black Lake

Heritage Mining Announces Early Issuance of Exploration Permit for Flagship Project Drayton Black Lake

(TheNewswire)

Heritage Mining Ltd.

VANCOUVER, BC TheNewswire - March 24, 2023 Heritage Mining Ltd. (CSE:HML ) ( FRA:Y66) (" Heritage " or the " Company ") is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2023 drilling and additional exploration program on its flagship Drayton-Black Lake Project ("DBL") ahead of schedule. The program's primary focus will be to drill three priority targets at DBL.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
WESTERN COPPER AND GOLD FILES FORM 40-F AND ANNUAL FILINGS

WESTERN COPPER AND GOLD FILES FORM 40-F AND ANNUAL FILINGS

Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) has filed its Annual Report on Form 40-F for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission (the "SEC").

Western Copper And Gold logo (CNW Group/Western Copper and Gold Corporation)

The Company filed Form 40-F for the year ended December 31, 2022 with the SEC on March 23, 2023 . The Form 40-F includes Western's Annual Information Form ("AIF"), audited consolidated financial statements and management's discussion and analysis ("MD&A"). The Form 40-F is available for viewing and retrieval through EDGAR at www.sec.gov/edgar.shtml .

The Company has also filed its AIF, audited consolidated financial statements, and MD&A for the year ended December 31, 2022 with the appropriate Canadian regulatory bodies. These filings are available for viewing on SEDAR at www.sedar.com .

The filings described above are also available on the Company's website: westerncopperandgold.com/investors/forms . Western will also provide a copy of the filings to any shareholder, without charge, upon request. Requests may be made by email, telephone, or regular mail.

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.

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.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Paul West-Sells"

Dr. Paul West-Sells
President and CEO
Western Copper and Gold Corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements concerning anticipated developments in Western's operations in future periods. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. In making the forward-looking statements herein, the Company has applied certain material assumptions including, but not limited to, the assumption that general business conditions will not change in a materially adverse manner.

Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; risks related to joint venture operations; risks related to cooperation of government agencies and First Nations in the development of the property and the issuance of required permits; risks related to the need to obtain additional financing to develop the property and uncertainty as to the availability and terms of future financing; the possibility of delay in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.

Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

SOURCE Western Copper and Gold Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2023/23/c4875.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Fabled Copper Announces Correction to News Release Dated March 22, 2023

Fabled Copper Announces Correction to News Release Dated March 22, 2023

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) advises that the location of the VOLT 1 Property and VOLT 2 Property, referred to in its news release dated March 22, 2023 (the "News Release") was incorrect

The VOLT 1 Property and VOLT 2 Property are not located in the James Bay Lithium District and are not less than 4 kilometers to the west of Patriot Battery Metals (PMET.V) Corvette lithium project.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Green River Gold Corp. Announces Non-Brokered Private Placement Offering of Units Consisting of Flow-Through Shares and Warrants

Green River Gold Corp. Announces Non-Brokered Private Placement Offering of Units Consisting of Flow-Through Shares and Warrants

Green River Gold Corp. (CSX: CCR) (OTC Pink: CCRRF) (the "Company" or "Green River") is pleased to announce that it plans to undertake a non-brokered private placement of up to 3,600,000 units ("Units") to raise gross proceeds of up to $252,000.00 (the "Offering"). The Units will be offered at a price of $0.07, with each Unit consisting of one flow-through common share and one-half common share purchase warrant (each such whole warrant a "Warrant"). Each Warrant will be exercisable to acquire one common share (a "Warrant Share") for a period of 2 years following the closing of the Offering at an exercise price of $0.12 per Warrant Share, subject to the acceleration provisions set out below.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
FPX Nickel Announces Inclusion in New Sprott Asset Management Nickel Miners ETF

FPX Nickel Announces Inclusion in New Sprott Asset Management Nickel Miners ETF

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce that it has been included in the newly launched Sprott Asset Management LP Nickel Miners ETF (" NIKL "), a U.S.-listed ETF focused on nickel companies that are providing a critical mineral necessary for the clean energy transition.

FPX Nickel Corp. Logo (CNW Group/FPX Nickel Corp.)

"We are very pleased to have met the requirements for inclusion in the new Sprott Nickel Miners ETF, representing validation of our success in advancing our PFS-stage Baptiste Nickel Project in central British Columbia ," commented Martin Turenne , FPX's President and CEO. "Inclusion in this new nickel ETF has the potential to attract additional institutional investment into FPX and increase liquidity, as the ETF is expected to be an important benchmark for investors focused on nickel."

About the Decar Nickel District

The Company's Decar Nickel District represents a large-scale greenfield discovery of nickel mineralization in the form of a naturally occurring nickel-iron alloy called awaruite (Ni 3 Fe) hosted in an ultramafic/ophiolite complex. FPX's mineral claims cover an area of 245 km 2 west of the Middle River and north of Trembleur Lake, in central British Columbia . Awaruite mineralization has been identified in several target areas within the ophiolite complex including the Baptiste Deposit and the Van Target, as confirmed by drilling, petrographic examination, electron probe analyses and outcrop sampling.  Since 2010, approximately US $28 million has been spent on the exploration and development of Decar.

Of the four targets in the Decar Nickel District, the Baptiste Deposit has been the focus of increasing resource definition (a total of 99 holes and 33,700 m of drilling completed), as well as environmental and engineering studies to evaluate its potential as a bulk-tonnage open pit mining project. The Baptiste Deposit is located within the Baptiste Creek watershed, on the traditional and unceded territory of Tl'azt'en Nation and Binche Whut'en First Nation, and within several Tl'azt'enne and Binche Whut'enne keyohs. FPX has conducted mineral exploration activities to date subject to the conditions of our agreements with the Nations and keyoh holders.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at www.fpxnickel.com or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .

On behalf of FPX Nickel Corp.

"Martin Turenne"
Martin Turenne , President, CEO and Director

Forward-Looking Statements

Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE FPX Nickel Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2023/23/c5433.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Aranjin Resources Provides Shareholder Update

Aranjin Resources Provides Shareholder Update

Aranjin Resources Ltd. (TSXV: ARJN) ("Aranjin") provides a shareholder update on its Mongolian projects.

The Company had a relatively quiet fourth quarter in 2022 as it considered plans for an active drilling campaign in 2023 and it has been speaking to existing shareholders and strategic investors concerning potential capital solutions for the upcoming year.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×