Norden Crown Completes High Resolution Ground Magnetic Survey At Fredrikssons Gruvan, Gumsberg Project

Norden Crown Metals Corp. (" Norden Crown " or the " Company ") (TSXV: NOCR) (OTC: NOCRF) ( Frankfurt : 03E) is pleased to announce completion of a 450 line-km ground magnetic survey at the Fredrikssons Gruvan prospect (" Fredrikssons Gruvan ") in the Bergslagen province of Southern Sweden . This is the largest and highest-resolution magnetic survey completed in the history of the area.

The magnetic survey follows up on the first three discovery holes at Fredrikssons Gruvan, drilled in the winter of 2021, where all three holes intersected significant mineralized widths ranging from 8.15 to 13.6 metres of precious and base metal (see Table 1), 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 preliminary results of this large ground based magnetic survey are exciting and provide new prospective on the potential for additional BHT mineralization" stated Patricio Varas , Executive Chairman. "This high-resolution magnetic survey allows us to track magnetite-rich bands of sedimentary rocks that we know are associated with BHT mineralization which we will refine in the coming weeks and use to guide additional exploration drilling at Fredrikssons Gruvan".

Significant drill intercepts (see News Release dated March 1, 2021 ) by Norden Crown demonstrate that silver-lead-zinc mineralization is spatially associated with magnetite-rich chemical sedimentary rocks, which are highly magnetic and can be tracked effectively in the surface and subsurface using a ground magnetic geophysical survey (Figure 1). Norden Crown is interpreting the newly collected magnetic data to enhance the surface and subsurface geological understanding of Fredriksson Gruvan and track high priority magnetite-bearing rocks which maybe associated with silver-lead-zinc potential across the property (Figure 1).

About The Fredrikssons Gruvan Mine

Fredrikssons Gruvan was discovered in 1976 by LKAB Prospektering AB. Exploration was carried out in 1976 and 1977 including surface trenching, sampling and 9 diamond drill holes which identified precious metal enriched base metal mineralization. In 1977, AB Statsgruvor (ABS) acquired the Fredrikssons Gruvan prospect and conducted open pit test mining in 1978. Test mining was conducted to a depth of 20 metres below surface and produced 21,500 tonnes grading 53 g/t silver, 5.13% zinc and 1.7% lead, and to a depth of 20 metres. A total of 11 additional holes were drilled in 1979 to test the down plunge extent of mineralization. Between 1980 and 1981 mining activites resumed and an underground tram was installed. A total of 45,000 additional tonnes grading 49 g/t silver, 5.77% zinc and 1.84% lead were produced from workings that extend to a depth of 91 metres (4 underground levels) ¹ .

Drilling at Fredrikssons Gruvan

The three discovery drill holes (see Figure 1) (totaling 569 metres) completed at Fredrikssons Gruvan 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 2). Assay results from the program are presented in Table 1.

Drill	Prospect	From	To	Length	Zinc	Lead	Silver
Hole	Name	(metres)	(metres)	(metres)	(%)	(%)	(g/t)
GUM-20-09	Fredrikssons Gruvan	123.70	134.05	10.35	5.24	1.84	43.86
GUM-20-10	Fredrikssons Gruvan	134.90	148.50	13.60	6.05	1.39	43.20
GUM-20-11	Fredrikssons Gruvan	151.85	160.00	8.15	3.83	0.50	18.13

Table 1. Results from drilling at Fredrikssons Gruvan ⁴ .

Magnetic Survey Parameters and Specifications

The area of interest for the ground survey was planned with the Fredrikssons mine as a central focus of the survey area. The survey was completed with 25-metre spaced northwest-southeast oriented survey lines, perpendicular to the regional magnetic trend at Gumsberg West. The total survey duration was 7 weeks and was concluded on April 2, 2022 .

The ground survey utilized GEM Systems GSM-19 (Overhauser) magnetometers both for the base station and for the survey sensor.

About Norden Crown Metals Corp.

Norden Crown is a mineral exploration company focused on the discovery of Zinc, Copper, Silver, Gold, Cobalt, and Nickel 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. The Company is led by an experienced management team and technical team, with successful track records in mineral discovery, mining development and finance.

References

Edberg , L., and Flood, B. (1982). SLUTRAPPORT FRAN DIAMANTBORRNINGARNA VID FREDRIKSSONGRUVAN (GYLLINGEN) 1981/1982©. Rapport Grb 262 . Sveriges geologiska undersökning (SGU) (Geological Survey of Sweden ).
Geijer, P., and Magnusson, H. (1944). De Mellansvenska Järnmalmernas Geologi. Ca 35 . Sveriges Geologiska Undersökning (SGU) (Geological Survey of Sweden ). p468.
SGU Drillcore Archive Malå. Norbo. Archive 2. Boliden (1965). ObjectID: 9046-9056.
See Norden Crown Metals Corp. News Release dated March 1, 2021 .
Flood, B., and Edberg , L. (1983). TIDIGARE ARBETEN INOM GYLLINGEN 102 SAMT AVSLUTANDE BORRNINGAR PÅ FREDRIKSSONGRUVAN 1983. Rapport Bsg 306 . Grb 306. Sveriges Geologiska Undersökning (SGU) (Geological Survey of Sweden ).
Fredrikson, G. (1978). Zink-Bly-Mineraliseringen vid Gyllingen. Rapport Grb 36 . Sveriges Geologiska Undersökning (SGU) (Geological Survey of Sweden ). p39.

Qualified Person

Daniel MacNeil , P.Geo, a Qualified Person as defined by National Instrument 43-101, has read and approved all technical and scientific information related to the Gumsberg project contained in this news release. Mr. MacNeil is Vice President Exploration for Norden.

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 Fredrikssons Gruvan; the continuity and future discovery of BHT style mineralization at Fredrikssons Gruvan; and the future delineation of a magnetite-rich iron formation at Fredrikssons Gruvan. 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 ability of the various contracted entities to complete their duties within the time expected by the Company; inclement weather conditions that may impede, delay or stop all or part of the exploration program; the effects of the Covid-19 epidemic or other epidemics or pandemics; mechanical breakdowns of equipment used in the exploration programs, changes in economic conditions or financial markets; the ability of Norden Crown to obtain the necessary consents required to explore, drill and develop the projects and, if obtained, to obtain such 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

NOCR:CA

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Hole	From (m)	To (m)	Length (m)	Cu %	Au ppm
ID	Metres	Metres	Metres	%	g/t
BUR-22-001	59.55	61.95	2.40	2.20	0.01
including	59.55	60.40	0.85	1.12	0.01
including	61.05	61.95	0.90	4.81	0.02

BUR-22-003	149.50	159.50	10.00	0.13	0.02
BUR-22-003	343.00	348.15	5.15	0.14	0.04
BUR-22-003	365.30	365.80	0.50	1.02	0.14

BUR-22-004	8.20	10.20	2.00	0.33	0.07
BUR-22-004	22.00	37.50	15.50	0.23	0.07
BUR-22-004	176.00	181.70	5.70	0.21	0.01
BUR-22-007	136.70	139.50	2.80	0.15	0.01
BUR-22-007	197.00	203.05	6.05	0.26	0.07
including	201.80	203.05	1.25	0.89	0.25
BUR-22-007	239.40	244.29	4.80	0.13	0.03

BUR-22-010	52.70	55.10	2.40	0.28	0.06
BUR-22-010	188.80	220.00	31.2	0.11	0.01
Including	188.80	190.00	1.20	0.41	0.02
Including	206.00	212.75	6.75	0.16	0.01

BUR-22-011	109.00	119.70	10.70	0.12	0.01
Including	117.50	119.70	2.20	0.28	0.02
BUR-22-011	146.70	148.25	1.55	0.61	0.11

BUR-22-012	1.00	24.00	23.00	0.37	0.13
Including	11.00	20.00	9.00	0.68	0.29
Including	13.00	18.00	3.00	0.92	0.49
BUR-22-012	162.70	173.00	10.30	0.36	0.13
Including	162.70	169.90	7.20	0.47	0.15
BUR-22-012	305.80	306.30	0.50	1.39	1.27

BUR-22-013	3.40	6.40	3.00	0.16	0.01
BUR-22-013	15.70	24.00	8.30	0.38	0.06
BUR-22-013	136.00	138.00	2.00	0.46	0.03

BUR-22-014	260.50	264.00	3.50	0.32	0.20
BUR-22-014	260.50	262.00	1.50	0.63	0.37
BUR-22-014	311.50	316.80	5.30	0.14	0.01

BUR-22-015	21.20	36.00	14.80	0.18	0.07
Including	21.20	22.20	1.00	1.56	0.28

BUR-22-016	251.50	270.70	19.20	0.33	0.09
including	253.00	264.20	11.20	0.41	0.11
Including	253.00	255.90	2.90	0.67	0.20

BUR-22-017	23.40	59.40	36.00	0.48	0.05
Including	23.40	28.70	5.30	0.31	0.13
Including	32.00	39.30	7.30	0.47	0.03
Including	48.30	55.90	7.60	1.50	0.05
Including	48.30	52.00	3.70	2.83	0.07
BUR-22-018	18.95	79.20	60.25	0.12	0.01
BUR-22-018	18.95	21.80	2.85	0.40	0.02
Including	32.30	33.20	0.90	0.38	0.02
Including	46.20	48.80	2.60	0.20	0.02
Including	69.00	79.20	10.20	0.27	0.02
Table 1. Burfjord 2022 drill intersects.

Hole	From (m)	To (m)	Length (m)	Cu %	Au ppm
ID	Metres	Metres	Metres	%	g/t
BUR-21-005	115.40	118.50	3.10	3.81	0.31
BUR-22-012	1.00	24.00	23.00	0.37	0.13
Including	11.00	20.00	9.00	0.68	0.29
Including	13.00	18.00	3.00	0.92	0.49
BUR-22-013	3.40	6.40	3.00	0.16	0.01
BUR-22-013	15.70	24.00	8.30	0.38	0.06
BUR-22-015	21.20	36.00	14.80	0.18	0.07
Including	21.20	22.20	1.00	1.56	0.28
BUR-22-017	23.40	59.40	36.00	0.48	0.05
Including	23.40	28.70	5.30	0.31	0.13
Including	32.00	39.30	7.30	0.47	0.03
Including	48.30	55.90	7.60	1.50	0.05
Including	48.30	52.00	3.70	2.83	0.07
BUR-22-018	18.95	79.20	60.25	0.12	0.01
Including	18.95	21.80	2.85	0.40	0.02
Including	32.30	33.20	0.90	0.38	0.02
Including	46.20	48.80	2.60	0.20	0.02
Including	69.00	79.20	10.20	0.27	0.02
Table 2. A list of drill intercepts at F-gruve.

Hole	From (m)	To (m)	Length (m)	Cu %	Au ppm
ID	Metres	Metres	Metres	%	g/t
BUR-21-004	141.30	158.50	17.20	0.34	0.04
BUR-21-004	182.30	207.00	24.70	0.24	0.04
BUR-21-006	69.35	78.15	8.80	0.51	0.17
BUR-22-012	162.70	173.00	10.3	0.36	0.13
Including	162.70	169.90	7.20	0.47	0.15
BUR-22-012	305.80	306.30	0.50	1.39	1.27
BUR-22-014	260.50	264.00	3.50	0.32	0.20
Including	260.50	262.00	1.50	0.63	0.37
Table 3. A list of drill intercepts at Gamlegruve.

Hole ID	Depth	Azimuth	Inclination	Grid	Northing	Easting	Elevation (metres)
ID	Metres	Degrees	Degrees	Grid	Northing	Easting	Elevation (metres)
BUR-22-001	140	90	-50	WGS 84 / UTM zone 34N	7745106	545690	521
BUR-22-002	272	90	-50	WGS 84 / UTM zone 34N	7745099	545459	490
BUR-22-003	368	90	-50	WGS 84 / UTM zone 34N	7745106	545083	541
BUR-22-004	236.5	90	-50	WGS 84 / UTM zone 34N	7744514	545274	526
BUR-22-005	140.2	90	-50	WGS 84 / UTM zone 34N	7743030	545703	527
BUR-22-006	28	110	-50	WGS 84 / UTM zone 34N	7743661	546947	449
BUR-22-007	392.5	110	-50	WGS 84 / UTM zone 34N	7743860	547031	444
BUR-22-008	42	130	-50	WGS 84 / UTM zone 34N	7743777	546945	440
BUR-22-009	29	130	-50	WGS 84 / UTM zone 34N	7743835	547048	446
BUR-22-010	230.5	120	-50	WGS 84 / UTM zone 34N	7743676	547594	525
BUR-22-011	172	120	-60	WGS 84 / UTM zone 34N	7743582	547527	520
BUR-22-012	464.5	125	-50	WGS 84 / UTM zone 34N	7742636	546925	585
BUR-22-013	111.5	125	-75	WGS 84 / UTM zone 34N	7742636	546925	585
BUR-22-014	317.5	125	-50	WGS 84 / UTM zone 34N	7742543	546924	572
BUR-22-015	52.9	125	-50	WGS 84 / UTM zone 34N	7742682	546941	589
BUR-22-016	310.3	305	-50	WGS 84 / UTM zone 34N	7743580	547336	515
BUR-22-017	69	125	-75	WGS 84 / UTM zone 34N	7742682	546941	589
BUR-22-018	123	125	-50	WGS 84 / UTM zone 34N	7742767	546939	584
Table 4. Burfjord 2022 drill collar information.

Hole	From	To	Length	Cu	Au	Co
ID	Metres	Metres	Metres	%	g/t	ppm
BUR-21-002	74.00	85.90	11.90	0.24	0.02	51
BUR-21-002	128.40	132.00	3.60	0.29	0.02	33
BUR-21-002	179.80	193.70	13.90	0.19	0.03	71
BUR-21-002	186.00	190.00	4.00	0.27	0.04	89
BUR-21-003	164.90	195.00	30.10	0.28	0.04	59
Incl.	164.90	176.00	11.10	0.46	0.05	39
Also Incl.	191.50	193.60	2.10	1.01	0.16	329
BUR-21-004	141.30	158.50	17.20	0.34	0.04	57
Incl.	141.30	143.40	2.10	0.94	0.09	75
Also incl.	155.25	158.50	3.25	0.79	0.10	39
BUR-21-004	182.30	207.00	24.70	0.24	0.04	160
Incl.	200.20	203.60	3.40	0.47	0.08	114
BUR-21-004	219.00	229.00	10.00	0.12	0.02	32
BUR-21-005	74.50	76.50	2.00	0.76	0.06	93
BUR-21-005	82.10	85.30	3.20	0.13	0.02	79
BUR-21-005	115.40	118.50	3.10	3.81	0.31	179
Incl.	117.15	118.50	1.35	8.67	0.69	332
BUR-21-006	69.35	78.15	8.80	0.51	0.17	77
BUR-21-006	131.50	136.90	5.40	0.22	0.02	74
Incl.	135.50	136.90	1.40	0.46	0.03	99
BUR-21-006	153.60	158.95	5.35	0.19	0.27	266
Incl.	154.70	155.85	1.15	0.46	1.06	41
BUR-21-007	155.90	15.00	3.10	0.22	0.03	34
BUR-21-008	177.65	184.10	6.45	0.17	0.02	29
BUR-21-008	187.95	193.70	5.75	0.10	0.03	28
BUR-21-008	212.00	232.15	20.15	0.10	0.01	32
BUR-21-009	42.80	63.90	21.10	0.17	0.01	47
*Incl.*	53.00	63.90	10.90	0.26	0.02	33
BUR-21-009	104.00	108.40	4.40	0.27	0.02	83
Incl.	105.20	108.40	3.20	0.34	0.03	97
BUR-21-009	152.00	162.00	10.00	0.39	0.03	33
Incl.	156.00	162.00	6.00	0.62	0.05	35
Also incl.	158.00	160.00	2.00	1.59	0.14	39
BUR-21-009	193.50	208.40	14.90	0.21	0.02	22
BUR-21-009	246.10	255.20	9.10	0.39	0.07	70
BUR-21-011	75.00	87.00	12.00	1.27	0.09	21
*Lengths reported as seen in drill core. True widths are estimated at 85-100% of reported lengths.
No significant results were obtained from BUR-21-001 and BUR-21-010.

Table 1. Burfjord drill intersects

*Lengths reported as seen in drill core. True widths are estimated at 85-100% of reported lengths.
No significant results were obtained from BUR-22-002 and BUR-22-005. Holes BUR-22-006, BUR-22-008 and BUR-22-009 failed in thick overburden.

	Q1	Q2	Q3	Q4	Total
Production (Contained in Concentrates) ⁽³⁾
Copper (000s pounds)	2,310	2,803	3,762	4,367	13,242
Gold (ounces)	2,553	2,313	2,705	2,578	10,149
Silver (ounces)	8,335	7,826	9,979	10,810	36,949
Mine
Tonnes of ore mined	60,568	72,340	77,947	78,132	288,987
Mill
Tonnes processed	62,793	68,471	74,580	73,030	278,874
Tonnes processed per day	747	799	888	853	825
Copper grade (%)	1.87	2.04	2.46	2.89	2.34
Gold grade (g/t)	2.23	1.80	1.83	1.75	1.89
Silver grade (g/t)	11.20	9.98	10.13	9.86	10.26
Recoveries
Copper (%)	89.2	90.6	93.0	93.9	91.8
Gold (%)	57.0	58.4	61.9	62.7	60.1
Silver (%)	37.5	36.6	41.0	47.0	40.7
Concentrates
Copper Concentrates (dmt)	5,815	6,789	9,336	10,727	32,667
Copper (%)	18.0	18.7	18.3	18.5	18.4
Gold (g/t)	13.7	10.5	9.0	7.5	9.7
Silver (g/t)	44.8	34.9	33.2	31.3	35.0

Payable copper produced (000s lb)	2,169	2,639	3,536	4,108	12,451
Cash cost per pound of payable copper ⁽¹⁾⁽²⁾ ($/lb)	2.20	2.22	1.97	1.91	2.04

_{⁽¹⁾ Alternative performance measures; please refer to "Non-GAAP Financial Measures" at the end of this release.}
_{⁽²⁾ Net of by-product credits}
_{⁽³⁾ Subject to adjustments on final settlement}

Norden Crown Completes High Resolution Ground Magnetic Survey At Fredrikssons Gruvan, Gumsberg Project

About The Fredrikssons Gruvan Mine

Drilling at Fredrikssons Gruvan

Magnetic Survey Parameters and Specifications

About Norden Crown Metals Corp.

References

Qualified Person

Cautionary Note Regarding Forward-Looking Statements

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