Norden Crown Intersects High Grade and Significant Widths of Broken Hill Type Mineralization in All Three Holes Drilled at its Fredriksson Gruva Prospect in Sweden

Norden Crown Metals Corp. ( " Norden Crown " or the " Company ") (TSXV: NOCR) (OTC: NOCRF) ( Frankfurt : 03E) is pleased to announce 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.

"We are delighted to present to our shareholders robust silver-zinc-lead intersections which are part of a bonafide Broken Hill Type mineralizing system at Fredriksson Gruva; the widths and grades intersected beneath the historical mine workings suggest that the Gumsberg Project has exceptional growth potential". Stated Patricio Varas, Chairman and CEO of Norden Crown . "Massive sulphide deposits are special because it is possible to delineate large tonnages from comparatively small drill footprints due to the high density of the mineralization. To put these results into perspective, Norden Crown's GUM-20-09 intercept is comparable in width to the height of a three storey building."

The results of the drilling program at Fredriksson Gruva are further described in Tables 1, 2 and 3 below.

Table 1. Results from drilling at Fredriksson Gruva mine

Drill	Prospect	From	To	Length	Zinc	Lead	Silver	Silver
Hole	Name	(metres)	(metres)	(metres)	(%)	(%)	(g/t)	Equivalent
GUM-20-09	Fredriksson Gruva	123.70	134.05	10.35	5.24	1.84	43.86	257.61
GUM-20-10	Fredriksson Gruva	134.90	148.50	13.60	6.05	1.39	43.20	272.40
GUM-20-11	Fredriksson Gruva	151.85	160.00	8.15	3.83	0.503	18.13	152.71

*Insufficient drilling has been completed to definitively determine true thickness; true thickness is estimated to be between 90-95% for holes GUM-20-09 to -11 based on angle to core axis and 3D interpretation. Metal ratios are calculated assuming 100% recoveries at US $1806 Gold, US $27.65 Silver, US $ 1.05 Lead and US $ 1.29 Zinc.

Drilling Program at Fredriksson Gruva

The three discovery drill holes (totaling 569 metres) completed at Fredriksson Gruva were part of an eleven hole 2,365.6 metre diamond drill program completed at the Company's 100% owned Gumsberg Project, located in the Bergslagen Mining Region of southern Sweden. 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) (see Figure 1).

An important aspect of the mineralization is that the massive to semi-massive sulphide intervals are developed within a broader sequence of highly magnetic iron and manganese-rich chemical sediments. This distinctive and thick sequence of chemical sedimentary rocks will provide an important marker horizon that will be used to track the mineralization along strike and at depth. Future diamond drilling at Fredriksson Gruva will continue testing the continuity of BHT style massive sulphide mineralization and associated iron formation below the historical mine workings where ongoing 3D geological modeling demonstrates that silver- zinc-lead mineralization extends to at least 290 metres in depth.

Table 2. Drill results from the recently completed 2020-2021 drilling at Fredriksson Gruva

Drill	Prospect	From	To	Length	Zinc	Lead	Silver	Silver
Hole	Name	(metres)	(metres)	(metres)	(%)	(%)	(g/t)	Equivalent
GUM-20-09	Fredriksson Gruva	123.70	134.05	10.35	5.24	1.84	43.86	217.57
GUM-20-09	Fredriksson Gruva	123.70	128.00	4.30	4.54	2.69	73.53	246.45
GUM-20-10	Fredriksson Gruva	122.00	130.20	8.20	1.55	0.38	14.98	63.14
GUM-20-10	Fredriksson Gruva	120.00	120.40	0.40	8.18	0.01	2.98	216.11
GUM-20-10	Fredriksson Gruva	122.00	126.50	4.50	1.72	0.40	14.99	67.84
Incl.	Fredriksson Gruva	128.00	130.20	2.20	2.15	0.61	19.63	87.93
GUM-20-10	Fredriksson Gruva	134.90	148.50	13.60	6.05	1.39	43.20	229.08
Incl.	Fredriksson Gruva	134.90	146.50	11.60	6.93	1.60	50.17	263.14
and	Fredriksson Gruva	139.00	143.00	4.00	10.00	2.16	70.08	374.33
GUM-20-11	Fredriksson Gruva	151.85	160.00	8.15	3.83	0.50	18.13	152.71
Incl.	Fredriksson Gruva	151.85	158.60	6.75	4.47	0.54	20.69	148.12
and	Fredriksson Gruva	151.85	154.50	2.65	8.21	0.25	23.61	242.35

Table 3 . Drill hole locations and Orientation Information

Drill Hole	Drill Hole	Drill Hole	Drill Hole	Drill Hole	Drill Hole	Drill Hole
ID	Easting	Northing	Elevation	Depth	Azimuth	Inclination
GUM-20-09	521500	6684250	231	179	260	60
GUM-20-10	521502	6684293	236	178.5	250	59
GUM-20-11	521522	6684286	235	211.5	260	60

A geological review of this newly recognized mineralization indicates that the mineralized formation is folded, forming a moderate to steeply eastward-plunging open anticline. BHT mineralization at Fredriksson Gruva is associated with an extensive regional-scale magnetite-rich iron formation(s) and corresponding magnetic anomaly which Norden Crown intends to further delineate in the subsurface using detailed UAV magnetic geophysical surveys. Regional magnetic geophysical data sourced from the Geological Survey of Sweden suggests that the prospective magnetic anomaly (and coincident magnetite-bearing iron formation) extends over 21 kilometres across the Gumsberg West Licence (southwest of Fredriksson Gruva) greatly enhancing the exploration potential for further BHT discoveries (see Figure 2).

The nearest occurrence of BHT mineralization is located immediately south of the Gumbsberg claims at Stollgruvan, where the Gammsberg mine ( 6.7M Tonnes ¹ ) has been described as a BHT deposit hosted in banded iron formations ^2,3,4 .

About Broken Hill Type Deposits

BHT Ag-Zn-Pb deposits constitute some of the largest and highest-grade ore deposits in the world ² (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 Earth ² . 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.

Characteristic features of these types of deposits include:

High grade Ag + Zn + Pb mineralized ores
Metamorphic grades ranging to amphibolite-granulite facies
Paleoproterozoic oxidized clastic metasedimentary host rocks in the absence of metamorphosed carbonates/calcsilicate horizons
Spatially associated with bimodal (felsic and mafic) intrusive and volcanic rocks, and stratabound gahnite- and garnet-bearing rocks and iron formations
Stacked orebodies with characteristic Pb:Zn:Ag ratios and skarn-like (generally pyroxenoid dominated) Fe-Mn-Ca-F gangue assemblages
Sulfur-poor assemblages
A spatial relationship to continental rifts

Significantly, the intimate association with magnetite iron formations is considered an important guide for Norden Crown to follow and explore for continuous mineralized BHT deposits along the +21 kilometre belt of prospective iron formation. In addition, the association of manganiferous garnets (spessartine), the presence of stratabound gahnite in the metamorphosed sedimentary rocks, and anomalous base metals in these deposit types provide an excellent first pass screening that will be useful for evaluating these prospective iron formations for their potential to host BHT deposits.

Table 4 . Globally S ignificant BHT Deposits T onnage and Gr ades

		Millions	Silver	Lead	Zinc	Lead + Zinc	Silver Equiv.*
	Deposit	Tonnes	(g/t)	(%)	(%)	(%)	(g/t)
Australia	Broken Hill ⁶	280	148	10	8.5	18.5	656.27
	Cannington (BHP Maiden reserves) ⁶	45	520	11.9	4.8	16.7	954.65
	Cannington (S-32 Underground 2017) ⁷	61	187	5.25	3.21	8.46	413.73
	Cannington (S-32 Open Cut 2017) ⁷	29	91	2.89	2.27	5.16	231.92
	Pegmont (QLD) ⁶	11	11	8.4	3.7	12	327.79
Sweden	Zinkguravan (Vielle Montagne 2002) ⁸	40	100	5.5	10	15.5	550.06
	Zinkgruvan (North/RioTinto/Lundin) Mined 94-16 ⁸	19.3	84	4	9.9	13.9	495.44
	Zinkgruvan (Current Lundin) ⁸	15.7	84	3.7	9.3	13	469.14
	Stollberg ⁹	6.7	60	2.6	7.7	10.3	367.94
South Africa	Gamsberg (S Af) ⁶	150	6	0.6	7.1	7.7	247.51
	Big Syncline (S. AF) ⁶	101	13	1	2.5	3.5	116.66
	Black Mt (S. Af) ⁶	82	30	2.7	0.6	3.3	112.96
	Broken Hill (S.AF) ⁶	38	82	6.4	2.9	9.3	325.96

*Silver Equivalent values are calculated using metal ratios assuming 100% recoveries at US $1806 Gold, US $27.65 Silver, US $ 1.05 Lead, US $ 1.29 Zinc.

Quality Control, Quality Assurance and Core Handling Protocols

Drill core is logged and prepped for sampling before submittal to ALS in Malå, Sweden where it is cut, bagged and prepped for analysis. Accredited control samples (blanks and accredited standards) are inserted into the sample intervals regularly. Samples are dried (if necessary), weighed, crushed (70%

References to other Mines and Deposits

References to other mines and deposits made in this news release provide context for the Fredriksson Gruva and Gumsberg Project, which occurs in a similar geologic setting, but this is not necessarily indicative that the Projects host similar grades and tonnages of mineralization.

References

¹ Raat, H., Jansson, N.F., and Lundstam, E., 2013, The Gränsgruvan Zn-Pb-Ag deposit, an outsider in the Stollberg ore field, Bergslagen, Sweden: Geology Applied to Mineral Deposits, Biennial Meeting, 12th, Uppsala, Sweden, August 12–15, 2013, Proceedings, p. 12–15.

² Spry, P.G., O'Brien, J.J., Frank, K.S., Teale, G. S., Koenig, A., Jansson, N., Allen, R. et al., 2015, Trace element compositions of silicates and oxides as exploration guides to metamorphosed massive sulphide deposits: examples from Broken Hill, Australia, and Stollberg, Sweden. 27th International Association of Applied Geochemists: Indicator Mineral Workshop, Tucson, April 2015, p. 23-29.

³ Beeson, R., 1990, Broken Hill-type lead-zinc deposits – an overview of their occurrence and geological setting: Transactions of the Institution of Mining and Metallurgy, v. 99, p. 63-B175

⁴ Spry, P.G., O'Brien, J.J., Frank, K.S., Teale, G. S., Koenig, A., Jansson, N., Allen, R.. et al. 2015, Trace element compositions of silicates and oxides as exploration guides to metamorphosed massive sulphide deposits: examples from Broken Hill, Australia, and Stollberg, Sweden. 27th International Association of Applied Geochemists: Indicator Mineral Workshop, Tucson, April 2015, p. 23-29.

⁵ Edberg, L., and Flood, B., 1982. Rapport Grb 262 SLUTRAPPORT FRAN DIAMANTBORRNINGARNA VID FREDRIKSSONGRUVAN (GYLLINGEN) 1981/1982© Sveriges geologiska undersökning (SGU) (Geological Survey of Sweden)

⁶ Large, R., Bull, S., Selley, D., Yang, J., Cooke, D., Garven, G., and McGoldrick, P., 2002 Controls on the formation of giant stratiform sediment-hosted Zn-Pb-AG deposits: with particular reference to the north Australian Proterozoic, in Giant ore deposits, CODES special publication 4, Universitiy of Tasmania, Australia. 269pp and BHP Billiton Corporate Presentation - Stewart 2002

⁷ Readford, M and Curypto, T, South 32 - Cannington Mineral Resources update, 24 August, 2017. https://www.south32.net/docs/default-source/all-financial-results/fy2017-full-year-financial-results/cannington-mineral-resources-and-ore-reserves-update.pdf.

⁸ Daffern, T., Ellis, R., King, P., Richardson, S., Glucksman, E., Beveridge, A., NI 43-101 TECHNICAL REPORT FOR THE ZINKGRUVAN MINE, SWEDEN November 2017, Prepared by Wardell Armstrong International for Lundin Mining. Approved by Dr. P.S., Newal, 30, November 2017.

⁹ Raat, H., Jansson, N.F., and Lundstam, E., 2013, The Gränsgruvan Zn-Pb-Ag deposit, an outsider in the Stollberg ore field, Bergslagen, Sweden: Geology Applied to Mineral Deposits, Biennial Meeting, 12th, Uppsala, Sweden, August 12–15, 2013, Proceedings, p. 12–15.

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.

Qualified Person

Patricio Varas , P.Geo, a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects , has read and approved all technical and scientific information contained in this news release.

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 future outlook and anticipated events, such as the growth potential of the Gumsberg Project; future diamond drilling at Fredriksson Gruva; the continuity ‎and future discovery of BHT style mineralization at Fredriksson Gruva; and the future delineation of a ‎magnetite-rich iron formation at Fredriksson Gruva.‎ 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, Norden Crown's ability to raise sufficient capital to maintain its mineral tenures and concessions in good standing, to explore and develop its projects, to repay its debt and for general working capital purposes; changes in economic conditions or financial markets; the ability of Norden Crown to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to Norden Crown plans and business objectives for the projects; the general ability of Norden Crown to drill test its projects and find mineral resources; if any mineral resources are discovered or acquired, the Company's ability to monetize any such mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations. Forward–looking statements are based on the reasonable beliefs, estimates and opinions of Norden Crown management on the date the statements are made. Except as required by law, Norden Crown undertakes no obligation to update these forward–looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE Norden Crown Metals Corp.

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Norden Crown Metals TSXV:NOCR Base Metals Investing

WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF BOUGHT DEAL PUBLIC OFFERING OF $46 MILLION

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce that it has completed its previously announced bought deal public offering (the "Offering") of 24,210,526 common shares of the Company (the "Common Shares") at a price of $1.90 per Common Share for gross proceeds of $45,999,999.40 including the full exercise of the over-allotment option.

The Offering was completed pursuant to an underwriting agreement dated April 16, 2024 entered into between the Company and a syndicate of underwriters led by Eight Capital, and including Cormark Securities Inc., National Bank Financial Inc., Raymond James Ltd., BMO Capital Markets, Canaccord Genuity Corp., CIBC World Markets Inc., H.C. Wainwright & Co., LLC, RBC Dominion Securities Inc., Echelon Wealth Partners Inc. and Haywood Securities Inc. (the "Underwriters"). In connection with the Offering, the Company paid the Underwriters a cash commission equal to 5.0% of the gross proceeds, other than on sales of an aggregate of 358,000 Common Shares to purchasers on a president's list.

The net proceeds from the sale of the Common Shares are expected to be used to advance permitting and engineering activity at the Company's Casino Project in the Yukon and for general corporate and working capital purposes.

The Offering was completed by way of a short form prospectus (the "Prospectus") filed in all of the provinces of Canada , except Québec, and in the United States pursuant to a prospectus filed as part of a registration statement on Form F-10 (the "Registration Statement") under the Canada /U.S. multi-jurisdictional disclosure system. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. The Prospectus is available on SEDAR+ at www.sedarplus.ca . The Registration Statement is available on EDGAR at www.sec.gov .

Certain directors of the Company (the "Insiders") participated in the Offering and were issued an aggregate of 110,000 Common Shares. The Insiders' participation in the Offering constitutes a "related party transaction" as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("61-101"). The Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of 61-101 in respect of the Offering as neither the fair market value of the securities issued to the Insiders nor the consideration paid by the Insiders for such securities exceed 25% of the Company's market capitalization. The Company will file a material change report in respect of the Offering. However, the Company did not file a material change report 21 days prior to closing of the Offering as the participation of insiders of the Company in the Offering had not been confirmed at that time.

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,

"Sandeep Singh"

Sandeep Singh
Chief Executive Officer
western copper and gold corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements concerning the use of proceeds from the Offering and the filing of a material change report in respect of the Offering . 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. The material factors or assumptions used to develop forward-looking statements include, but are not limited to, the assumptions that all regulatory approvals of the Offering will be obtained in a timely manner; all conditions precedent to completion of the Offering will be satisfied in a timely manner; and that market or 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 related to raising sufficient capital in a timely manner and on acceptable terms; 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

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FPX Nickel Completes Confirmatory Large-Scale Mineral Processing Pilot Testwork with Funding Support from the Government of Canada

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce that it has successfully completed a large-scale mineral processing pilot testing campaign for the Baptiste Nickel Project (" Baptiste " or the " Project "), the first significant component of the ongoing feasibility study (" FS ") metallurgical testwork campaign. Results from this testwork confirm the 2023 preliminary feasibility study (" PFS ") basis, thereby validating FPX's processing strategy, flowsheet, and key metallurgical criteria, including estimated recoveries. The pilot testing campaign was funded in part by a $725,000 grant from Natural Resources Canada (" NRCan ") under the Government of Canada's Critical Minerals Research, Development and Demonstration (" CMRDD ") program, which is advancing the commercial readiness of processing technologies that will support the development Canada's EV battery material supply chain.

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Pilot Campaign	2021	2022	2023/24
Metallurgical Testwork Program	PFS	PFS	FS
Ore Feed Rate	160 kg/h	210 kg/h	320 kg/h
Feed Material	Life of mine composite	Bulk sample from early mine plan years	Bulk sample from early mine plan years
Run Time	0.9 days	3.3 days	9.9 days
Unit Operations Tested	Magnetic Separation	Magnetic Separation and Flotation	Magnetic and Gravity Separation and Flotation
Objective	Flowsheet development and generation of magnetic concentrate for bench-scale flotation testing	Flowsheet validation and generation of flotation concentrate for bench-scale refinery testing	Further flowsheet validation and generation of flotation concentrate for pilot-scale refinery testing

Norden Crown Intersects High Grade and Significant Widths of Broken Hill Type Mineralization in All Three Holes Drilled at its Fredriksson Gruva Prospect in Sweden

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