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/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION
TO U.S. WIRE SERVICES/

Norden Crown Metals Corp. (" Norden Crown " or the " Company ") (TSXV: NOCR) (OTC:NOCRF) ( Frankfurt : 03E) is pleased to announce that it has received approval from the TSX Venture Exchange (the " TSXV ") to complete the consolidation of the issued and outstanding common shares of the Company on the basis of three existing common shares for one new consolidated common share (the " Consolidation "), and the Company has closed into escrow its previously announced non-brokered private ‎placement (the " Private Placement ").‎

Norden Crown Metals Corp. Logo (CNW Group/Norden Crown Metals Corp.)

Consolidation

Further to its news release of April 22, 2021 , the Company has received TSXV approval to complete the Consolidation. The Consolidation will be effective at market open on June 23, 2021 (the " Effective Date "). The Company will not change its name as part of the Consolidation but will issue new share certificates under a new CUSIP number.

The Company's common shares will continue to trade on the TSXV under its current symbol, "NOCR".

Private Placement

The Company has also closed the Private Placement into escrow, with the securities to be issued under the Private Placement to be issued on a post-Consolidation basis on the Effective Date.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the ‎ securities in the United States . The securities have not been and will not be registered under the ‎ United States Securities Act of 1933 as amended (the " 1933 Act "), or any state securities laws and ‎ may not be offered or sold within the United States or to, or for the account or benefit of U.S. ‎ persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable ‎ exemption from such registration requirements ‎ .

About Norden Crown Metals Corp .

Norden Crown is a mineral exploration company focused on the discovery of silver, zinc, copper, and gold deposits in exceptional, historical mining project areas spanning Sweden and Norway . The Company aims to discover new economic mineral deposits in known mining districts that have seen little or no modern exploration techniques. The Company is led by an experienced management team and an accomplished technical team, with successful track records in mineral discovery, mining development and financing.

On behalf of Norden Crown Metals Corp.

Patricio Varas , Chairman and CEO

Neither 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 release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed "forward–looking statements". Forward–looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements may include, without limitation, statements relating to completion of the Private Placement on the terms described herein or at all, the use of proceeds of the Private Placement, the planned exploration activities on the Fredriksson Gruva project, and the completion of the Consolidation on the terms described herein or at all.‎ Although Norden Crown believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward–looking statements.  Such material risks and uncertainties include, but are not limited to: the risk that the Company cannot complete the Private Placement or the Consolidation on the terms described herein, on the timing described herein or at all, the proceeds of the Private Placement being used differently than as described herein, risks related to difficulties in executing exploration programs at the Fredriksson Gruva property on the Company's proposed schedules and within its cost and scheduling estimates, whether due to weather conditions, complications arising from the COVID-19 pandemic or the actions of the provincial or federal governments in response thereto, availability or interruption of power supply, mechanical equipment performance problems, natural disasters or pandemics in the areas where it operates, the integration of acquisition; risks related to current global financial conditions including market reaction to the coronavirus outbreak; competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of gold; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness, as well as those factors, risks and uncertainties identified and reported in the Company's public filings under Norden Crown's SEDAR profile at www.sedar.com .  Although Norden Crown has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. Norden Crown disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

SOURCE Norden Crown Metals Corp.

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Norden Crown MetalsTSXV:NOCRBase Metals Investing
crown metals

Norden Crown Metals

Overview

Norden Crown Metals (TSXV:NOCR) is a resource exploration company working towards the discovery of silver, zinc, copper and gold deposits in Sweden and Norway. The company’s focus in Scandinavia is borne out of the region’s stable mineral tenure, low regulatory risk as well as easy and fast permitting. Additionally, countries like Norway, Sweden and Finland have minimal corporate taxes at 27 percent, 22 percent and 20 percent respectively.

Ranked by the Fraser Institute as among the top 10 mining regions globally, Scandinavia has solid infrastructure with six smelters in the region, deep water ports near projects and road and rail systems that provide easy access. Projects in the region are no more than a two-hour drive from any major airport.

Norden Crown Metals has two key projects in Scandinavia — the Burfjord Iron Oxide Copper Gold (IOCG) project in Norway and the Gumsberg Volcanogenic Massive Sulfide (VMS) project in Sweden — and is focused on discovering new economic mineral deposits in mining regions that have yet to benefit from modern exploration techniques.

The company’s Burfjord IOCG project, which has six exploration licenses, is located near Kåfjord, Norway. The mineralization at Burfjord is a part of the IOCG deposit clan. Additionally, Burfjord is made up of broad arrays of copper, gold and cobalt-bearing veins and has the potential to host a large copper deposit. Norden Crown commenced the ~3,500 meter diamond drill program at its 100 percent owned Burfjord Project in northern Norway in collaboration with Boliden Mineral AB. The jointly planned diamond drill program ais based on geological, geochemical, and geophysical anomalies identified during the 2020 Summer exploration programs and aims to test the copper-gold grades and continuity of new targets, historical mines, and prospects.

The Gumsberg VMS project and has five exploration licenses in the Bergslagen Mining District in southern Sweden, spanning over 18,000 hectares that contain multiple zones of VMS-style mineralization.

In 2020, Norden Crown obtained an exploration permit and an off road driving permit for the Fredriksson Gruva project in Sweden where the company intersected high grade and significant widths of Broken Hill Type mineralization in all three holes drilled in March 2021.

Norden Crown prides itself on having a strong board and technologically-driven team. With its focus in Scandinavia, Norden Crown has a competitive advantage due to the region’s solid mining infrastructure in Sweden and Norway.

Company Highlights

  • Focused on silver, zinc, copper and gold deposits in Sweden and Norway
  • Scandinavia has a historical background as a mining district with strong infrastructure and smelters, particularly in Sweden
  • Two key projects — the Burfjord IOGC project in Norway and the Gumsberg VMS project in Sweden
    • The Gumsberg VMS is the company’s flagship project and has five prospects: Östra Silvberg, Vallberget, Loberget, Fredriksson Gruvan and Gumsberg West
    • The Burfjord IOCG Project has six exploration licenses with the project’s mineralization a part of the IOCG deposit clan
  • Strong board of directors and technologically-driven team
  • Norden Crown intersected high grade and significant widths of Broken Hill Type mineralization in all three holes drilled at its Fredriksson Gruva Prospect.

Key Projects

The Fredriksson Gruva Prospect

Norden Crown’s current focus project is the 100 percent owned Fredriksson Gruva prospect in Sweden. The company recently announced an exceptional discovery at its 100% owned Fredriksson Gruva prospect (“Fredriksson Gruva”) demonstrated by significant results from the first three holes drilled below historical mine workings. The discovery holes intersected significant mineralized widths ranging from 8.15 to 13.60 metres of precious and base metal, massive and semi-massive sulphide mineralization, within a geological setting unique to mineralization belonging to the Broken Hill Type (“BHT“) clan of silver rich zinc-lead ore deposits.

The objective of the drill program was to demonstrate that mineralization continues beneath the historical mine workings, which extend to 91 metres below surface. The program was also designed to confirm historical silver-zinc-lead grades, thicknesses, and to test the continuity of this mineralization. Holes GUM-20-09 and GUM-20-10 are positioned 30 metres down plunge of the historical underground workings and are spaced 40 metres apart. Hole GUM-20-11 is 30 metres below GUM-20-10 (60 metres below the historical workings).

BHT Ag-Zn-Pb deposits constitute some of the largest and highest-grade ore deposits in the world2 (see Table 4). The namesake deposit, Broken Hill, is located in western New South Wales, Australia, and represents the largest accumulation of Pb, Zn, and Ag on Earth2. BHT deposits constitute a distinctive type of stratiform, sediment hosted lead-zinc mineral deposits. BHT deposits are characterized and distinguished from other silver-zinc-lead deposits by the chemistry of the sediment that host them and that they are usually associated spatially and temporally with volcanism.

The Gumsberg VMS Project

Gumsberg VMS mineralization was first mined in the 13th century through to the early 1900s with more than 30 mines on the property. Although there is a long-lived production history, little modern exploration has been done on the property.

Gumsberg VMS is a highly prospective precious metal-enriched zinc-silver-lead volcanogenic sulfide drill project located in the Bergslagen mining district in between the past-producing Falun and Saxberget nines and active Garpenberg and Zincgruvan mines. With extensive historical mining done on the property from shallow workings, recent exploration has shown there is additional potential for further mining.

The project is located 40 kilometers southwest of Alta, which is a regional airport and is accessible by road while only being 7.5 kilometers from tidewater.

Contained in the Gumsberg VMS Project are five prospects including Östra Silvberg, Vallberget, Loberget, Fredrickssongruvan and Gumsberg West.

The Östra Silvberg prospect is the company’s main focus in the Gumsberg VMS Project, which has exploration potential for silver and gold-enriched base metal mineralization. The prospect also has a deep history as Sweden’s largest silver mine between 1250 and 1590. Additionally, there are only five historic drill holes in the mine, all of which are shallow.

Between 2017 and 2019, Norden Crown Metals conducted drilling programs on the property that confirmed high-grade silver and zinc mineralization with lead located at-depth and peripheral to historical mine workings.

Most recent drill results from the Östra Silvberg in July 2019 returned up to 5.12 percent zinc, 2.27 percent lead and 93 g/t silver over 8.04 meters and additionally suggested that mineralization in the area is more extensive than previously thought.

Also within the Gumsberg VMS project is the Fredriksson Mine, where the company conducted a soil survey in September 2020. Over 110 soil samples were collected at 15 to 25 cm below the organic horizon across three test lines. There was an average sample station spacing of 15 meters and an average line spacing of 100 meters.

The Fredriksson Mine was discovered in 1976 with exploration conducted between then and 1977. Norden staked the Fredriksson Gruva prospect as part of a larger staking acquisition in March 2017.

The Burfjord IOCG Project

Located near Kåfjord, Norway, the company’s Burfjord IOCG Project has six exploration licenses with mineralization identified as part of the Iron Oxide Copper Gold (IOCG) deposit clan. Additionally, Burfjord is made up of broad arrays of copper, gold and cobalt-bearing veins and has the potential to host a large copper deposit.

The Burfjord IOCG Project has six exploration licenses with the project’s mineralization a part of the IOCG deposit clan.

Copper mineralization was mined in the Burfjord area during the 19th century. With over 30 historic mines and prospects, Burfjord was developed along the flanks of a prominent 4 by 6-kilometer anticlinal structure comprised of interbedded metasedimentary and metavolcanic rocks.

Located 40 kilometers northwest of regional airport Alta, the project is road-accessible and only 7.5 kilometers from tidewater. It is also 32 kilometers west of the Kåfjord copper mines, the first major industrial enterprise north of the Arctic Circle.

In June 2020, Norden Crown Metals signed an option agreement with Boliden Minerals regarding Norden’s 100-percent-owned Burfjord project. As part of the agreement, Boliden could earn a 51 percent interest in the project by spending US$6,000,000 on exploration and development at Burfjord within four years of the date of the agreement.

The four-year period to exercise the agreement may be extended if exploration and development at Burfjord is delayed by an event of force majeure. If the agreement is exercised, Boliden could earn an additional 29 percent interest in the Burfjord for an aggregate 80 percent interest by solely funding further advancement work through the delivery of a NI 43-101 and PERC (Pan European Reserves & Resources Reporting Committee) compliant feasibility study and solely funding all annual costs to keep the project in good standing.

In August 2020, Norden announced exploration is officially underway at Burfjord in collaboration with Boliden. Exploration will include geological mapping focused on the hydrothermal alteration, lithology and structural controls on gold and copper mineralization. The exploration program will also entail detailed geochemical sampling, as well as geophysics including EM and a property-wide airborne magnetic survey.

Management Team

Patricio Varas—Executive Chairman and CEO

Patricio Varas is a professional geoscientist with over 30 years of experience in exploration, project development and corporate management. Mr. Varas has a vast background working in operating mines, exploration projects, feasibility studies and mine development. Mr. Varas founded and acted as president and CEO of Western Potash Corp, which discovered and developed the world class Milestone Potash deposit in Saskatchewan.

Jeannine Webb, CPA, CGA—CFO

Jeannine Webb has over 25 years of experience in the mineral exploration sector, serving as Chief Financial Officer, Corporate Secretary and Director for private, and junior “small cap” domestic and international public companies. She has a wide range of skills on financial management and regulatory reporting, and currently serves as CFO and Corporate Secretary for private companies and various Canadian venture companies with operations in Canada, the US, and South America. She is a Chartered Professional Accountant of British Columbia.

Daniel MacNeil—VP of Exploration

As a precious and base metals specialist, Daniel MacNeil has over 15 years of experience with continental-scale projection generation to in-mine resource expansion. Mr. MacNeil has worked in a wide range of geological settings in the Americas and Eastern Europe, with his expertise including exploration strategy, target and opportunity identification, district entry strategy, business development and strategic evaluation of geologic terranes among others.

Pan Global Reports Additional Drilling Success at La Romana Target, Escacena Project, Spain

Pan Global Reports Additional Drilling Success at La Romana Target, Escacena Project, Spain

  • 26.9m at 0.5% Cu, 0.13% Sn, including 1.6m at 1.6% Cu, 0.08% Sn and 1.3m at 1.0% Cu, 0.53% Sn in LRD120
  • 10.1m at 0.8% Cu, 0.18% Sn, 3.1g/t Ag, including 0.3m at 17.3% Cu, 0.56% Sn, 59.3g/t Ag in LRD125
  • Follow-up drilling underway and plans include testing 6 new targets

Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) ("Pan Global" or the "Company") is pleased to announce new drill results at the Company's 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain. Reported results comprise eleven drill holes at the La Romana target and two drill holes on geophysics targets at La Romana North.

Tim Moody, Pan Global President and CEO states: "The latest results add to the down-dip extent of the main copper and tin zone with hole LRD120 intercepting approximately 27m thickness with grades of 0.5% Cu and 0.13% Sn within a 40m wide copper mineralized interval, and 10.1m at 0.8% Cu and 0.18% Sn in hole LRD125. The results include narrow intervals with some exceptionally high grades, including 17.3% Cu, 0.56% Sn and 59.3g/t Ag over 0.25m. The new drill results continue to show potential for the near surface high grade mineralization to continue west for several hundred meters in the direction of the historic La Romana mine workings. Drilling has also successfully defined the southern margin of the La Romana mineralization and shows supergene copper mineralization extending over the footwall to the main copper zone. Assay results are pending for an additional fourteen drill holes from La Romana."

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Smokey Lithium Ground Sample Program Results Deliver Clearer Target Areas for Drill Hole Locations

Smokey Lithium Ground Sample Program Results Deliver Clearer Target Areas for Drill Hole Locations

  • 116 hand samples taken by Victory's Exploration Team benefit the comprehensive effort to delineate significant lithium mineralization on the Smokey Lithium Property
  • Lithium bearing claystones at surface measured as high as 630 ppm, helping to develop a clear picture of the best potential drill locations for the next round of drilling
  • Based on results from its overall exploration efforts, the Company anticipates a beneficial revision to its drilling application with the relocation of several holes, which will be an expedited process once undertaken

Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) ("Victory" or the "Company") is pleased to announce that the Company's exploration team has received results from its extensive ground sampling program, building upon favourable drill results, aimed at guiding prime drill locations for its next round of drilling on the Company's Smokey Lithium Property in Nevada

As noted on June 28th, the ground sampling program focused on sampling the Esmeralda Formation on and throughout the surrounding grounds of the Smokey Lithium property and has led to the Company locating a zone of higher values to the south and southwest. Mapping was done to locate controls on lithium clay deposition and locate clay beds, which have informed additional staking to protect the interests of Company.

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WESTERN COPPER AND GOLD FILES FEASIBILITY STUDY ON CASINO PROJECT

WESTERN COPPER AND GOLD FILES FEASIBILITY STUDY ON CASINO PROJECT

Western Copper and Gold Corporation (the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce that it has filed a technical report titled "Casino Project, Form NI 43-101F1 Technical Report Feasibility, Yukon, Canada " with an effective date of June 13, 2022 (the "Report").

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

The Report summarizes the results of a feasibility study on the Casino copper-gold project, which results were first reported by the Company in a news release dated June 28, 2022 .

The Report is available on SEDAR ( www.sedar.com ) and EDGAR ( www.sec.gov/edgar.shtml ) and is also posted on the Company's website ( www.westerncopperandgold.com ).

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,

"Paul West-Sells"

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

SOURCE Western Copper and Gold Corporation

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Goldplay Appoints Chris Osterman as CEO and Catalin Kilofliski as Executive Chair

Goldplay Appoints Chris Osterman as CEO and Catalin Kilofliski as Executive Chair

TSXV: AUC) (OTCQB:AUCCF), (Frankfurt:9FY), (the "Company" or "Goldplay"), is pleased to announce that in order to further advance Company's existing portfolio of projects in Portugal and beyond, Mr. Christopher Osterman has been appointed as the Company's Chief Executive Officer effective August 4, 2022. Mr. Catalin Kilofliski, has been appointed as Goldplay's Executive Chairman and will continue to lead Company's strategy. Goldplay's current Chair of the Board, Dr. Deepak Malhotra has been appointed as Lead Independent Director

Chris Osterman, PhD Geologist, Chief Executive Officer

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Canada Nickel Company Initiates Federal Permitting Process for Crawford Nickel Project

Canada Nickel Company Initiates Federal Permitting Process for Crawford Nickel Project

Canada Nickel Company Inc. ("Canada Nickel" or the "Company ") (TSXV: CNC) (OTCQX: CNIKF) announced today that the federal Impact Assessment permitting process for the Company's Crawford Nickel Project has been initiated following the acceptance by the Impact Assessment Agency of Canada (the "Agency") of the Company's Initial Project Description (the "IPD"). The Agency has determined the IPD conforms to the regulations and it has been posted to the Agency's public website for an official comment period.

Canada-Nickel-Company-Logo (CNW Group/Canada Nickel Company Inc.)

"We would like to thank all who have taken the time to provide feedback, and to reiterate the significant role each individual can play in the careful and informed design, development, and operation of the Crawford Nickel Project," said Mark Selby , Chair and CEO of Canada Nickel.  "The relationships we have built since the earliest days of the project have been crucial in facilitating these conversations, and by continuing to collect, reflect upon, and integrate the comments, concerns, questions, and suggestions we receive, Canada Nickel hopes to build a project that maximizes benefits to all communities in the region."

Engagement Period
Following the submission of an IPD draft to the Agency in May 2022 (see news release Canada Nickel Takes Important Step in Crawford Nickel Project Permitting Process, 12/05/2022 ), Canada Nickel initiated an extensive round of engagement on the IPD, hosting more than 20 meetings with Indigenous communities, project stakeholders, and the general public to present key content from the IPD and enable follow up Q&As. The intention of these meetings was to gather crucial feedback from as many interested individuals as possible – all of which was carefully logged and integrated into the final IPD submission.

Next Steps
The Agency's filing of the IPD to its website signals the beginning of a 180-day comment period for the document. With the IPD now publicly available, the Agency will conduct its own series of engagement activities, which will assist the Agency in developing a Summary of Issues relating to the project, to then be provided to Canada Nickel. Subsequent to this and over the coming months, Canada Nickel will complete a Response to the Summary of Issues and a Detailed Project Description, both of which will be submitted to the Agency for further review.

For more information regarding the IPD or the Impact Assessment process, please visit the Agency's website at https://www.canada.ca/en/impact-assessment-agency.html .

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM , NetZero Cobalt TM , NetZero Iron TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Property in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.

For further information, please contact:

Mark Selby, Chair and CEO
Phone: 647-256-1954
Email: info@canadanickel.com

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill results relating to the Crawford Nickel Sulphide Property, the potential of the Crawford Nickel Sulphide Property, timing of economic studies and mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development results, and corporate and technical objectives. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact of COVID-19 related disruptions in relation to the Company's business operations including upon its employees, suppliers, facilities and other stakeholders. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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SOURCE Canada Nickel Company Inc.

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Xander Resources Announces Proposed Warrant Extensions

Xander Resources Announces Proposed Warrant Extensions

(TheNewswire)

Xander Resources Inc.

Xander Resources Inc. ("Xander" or the "Company") (TSXV:XND) (OTC:XNDRF) (FSX:1XI) announces that, subject to the approval of the TSX Venture Exchange (the " Exchange "), it intends to extend the expiration date of an aggregate of 1,547,890 warrants (the " Warrants ") originally issued by the Company on August 24, 2020 and December 22, 2020 pursuant to non-brokered private placements by one year

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