Base Metals

Merida Minerals (TSXV:ESPN) is an exploration and development mining company, focused on zinc-copper-lead deposits in Spain. A strong management team leads the company with a combined 80 years of experience leading mining operations in multiple countries, including Spain. Its flagship project contains promising mineralizations that the experienced managers believe are ideal for repeating past successes. Merida Minerals’ focus is growth via new acquisitions and identifying additional assets with potential.

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Company Highlights

  • Merida Minerals is an exploration and development mining company, led by a management team with directly relevant experience in building one of the most significant mining operations in Europe.
  • The company's flagship project, Puebla de la Reina, has received historical exploration but minimal development. It contains two encouraging mineralizations that will receive additional exploration and potential development.
  • One of Merida Minerals’ biggest strengths is its management team, having led previous companies to impressive success, such as Iberian Minerals, which reached a total evaluation of C$995 million.
  • New asset acquisition of promising assets is at the core of the company’s growth strategy and exploring its current flagship project.
This Merida Minerals profile is part of a paid investor education campaign.*
ESPN:CA
Merida Minerals

Merida Minerals


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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.

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Foremost Lithium Makes Initial Option Payment Under the PEG NORTH Option Agreement

Foremost Lithium Makes Initial Option Payment Under the PEG NORTH Option Agreement

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) (www.foremostlithium.com) ("Foremost Lithium", "Foremost" or the "Company") is pleased to announce that it has completed its initial option payment under the terms of its agreement (the "Option Agreement") with Strider Resources Ltd. ("Strider") previously announced June 29, 2022, consisting of a cash payment of $100,000, and issuing 526,316 common shares to Strider. The common shares will be subject to a hold period of four months and one day from the date of issuance.

Under the terms of the Option Agreement pursuant to which the Company has the right to acquire a 100% interest in the PEG NORTH CLAIMS located in the historic Snow Lake mining district in Manitoba (the "Peg North Claims) subject only to a 2% net smelter return royalty granted to Strider (the "NSR") (the "First Option"). Once the First Option has been fully exercised, the Company may, at any time prior to commencement of commercial production on the Peg North Claims, exercise a second option to acquire one half (1/2) of the NSR (1%) for a cash payment of $1,500,000. Please refer to the Company's June 29, 2022 news release for a complete summary of the terms of the Option Agreement.

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Couloir Capital has Published a New Research Note on Cypress Development Corp

Couloir Capital has Published a New Research Note on Cypress Development Corp

Couloir Capital has Published a New Research Note on Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (FSE: C1Z1) ("CYP" or "Company"). The report is titled, "Feasibility Study Commenced, Ongoing Pilot Plant Testing Yields Positive Results."

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal.

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Noram Receives Results for CVZ-81 with High-Grade Long Intercept of 330ft with Weighted Average 1169 ppm Li and Li High of 1810 ppm

Noram Receives Results for CVZ-81 with High-Grade Long Intercept of 330ft with Weighted Average 1169 ppm Li and Li High of 1810 ppm

S andy MacDougall, CEO of Noram Lithium Corp. (" Noram " or the " Company ") (TSXV:NRM | OTCQB:NRVTF | Frankfurt:N7R) is pleased to announce the successful completion of CVZ-81 (PH-03) and release of the final assay results. The Company completed core hole CVZ-81 at a depth of 451.5 feet (137.6 m). Sampling for assay began at 55 ft (16.8 m) and continued to the bottom of the hole, an interval thickness of 416.5 ft (126.9 m) was intersected. The hole ended in mineralization and the weighted average lithium values present were as follows

Noram Lithium Corp., Thursday, June 30, 2022, Press release picture

CVZ-81 was the last hole drilled in Noram's Phase VI drilling program and had better than expected results, as did most of the holes in this in-fill drilling program. Now that the final assays are in, efforts are being focused on updating the geological/lithium grade models to be used in the upcoming PFS. The grades and thicknesses of mineralization seen in the Phase VI holes are anticipated to substantially improve the outlook for the Zeus deposit and upgrade approximately 175 million tonnes of the deposit from the inferred resource category to indicated resource." comments Brad Peek, VP of Exploration and geologist on all six phases of Noram's Clayton Valley exploration drilling.

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Jourdan Announces $2,000,000 Private Placement Financing

Jourdan Announces $2,000,000 Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Jourdan Resources Inc. (TSX-V: JOR) (" Jourdan " or the " Company ") announces that it intends to complete a best efforts non-brokered private placement financing of (i) up to 12,500,000 units (each, a " Unit ") at a price of $0.08 per Unit for gross proceeds of up to $1,000,000, and (ii) up to 10,000,000 common shares of the Company issued on a flow-through basis (each, a " Flow-Through Share ") at a price of $0.10 per Flow-Through Share for gross proceeds of up to an additional $1,000,000 (collectively, the " Offering "). Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a " Warrant "). Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.10 for a period of 24 months from issuance.

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Fortune Minerals Announces Results of Annual General Meeting of Shareholders

Fortune Minerals Announces Results of Annual General Meeting of Shareholders

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2022 Annual General Meeting of shareholders held on June 28, 2022 (the "Meeting") were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below:

Nominee

Shareholders also approved the appointment of Fortune's auditors.

About Fortune Minerals:

Fortune is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper Critical Minerals project in the NWT and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator.

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@FortuneMineral on Twitter.

Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
info@fortuneminerals.com
Tel: (519) 858-8188
www.fortuneminerals.com

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TinOne Reports First Results from Drilling its Great Pyramid Project, Tasmania, Australia

TinOne Reports First Results from Drilling its Great Pyramid Project, Tasmania, Australia

TinOne Resources Inc. (TSX-V: TORC) (" TinOne " or the " Company ") is pleased to provide the first drill results from its Great Pyramid Tin (Sn) project located in the tier one mining jurisdiction of Tasmania, Australia .

Highlights:
  • All holes returned Tin-bearing intersections and provide support for historical drill data
  • Mineralised zones shown to extend beneath historical resource
  • Highly encouraging intersections include:
    • 22GPRC003 returned 0.25% Sn over 39 metres
    • 22GPRC005 returned 0.29% Sn over 23 metres
    • 22GPRC006 returned 0.19% Sn over 30 metres
    • 22GPRC007 returned 0.30% Sn over 21 metres

Results have been received for 764 metres of the Company's ongoing 5,500 metre drilling program at its Great Pyramid project in Tasmania, Australia . These results represent complete results for seven Reverse Circulation (RC) drill holes and partial results for one additional RC hole.  Assays are being fast tracked and average laboratory turnaround to-date has been 23 days.

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