Base Metals

PAN GLOBAL ANNOUNCES FULLY FUNDED 20,000-METER ESCACENA PROJECT DRILL PROGRAM

PAN GLOBAL ANNOUNCES FULLY FUNDED 20,000-METER ESCACENA PROJECT DRILL PROGRAM

  • Board of Directors approves 20,000-meter, multi-target drill program at the Escacena Project for 2023
  • Plan includes La Romana drilling expansion and resource delineation
  • Drilling underway at La Romana, Romana Deep, and Zarcita
  • La Romana metallurgical studies continuing

Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTC: PGNRF) is pleased to announce that the Board of Directors of the Company has approved plans for a fully funded 20,000-meter drill program at the Company's flagship Escacena Project ("Escacena"). Escacena is located approximately 35 kilometers northwest of Seville on the Iberian Pyrite Belt in southern Spain a prolific volcanogenic massive sulphide (VMS) district and tier one mining jurisdiction with a number of significant producing copper and polymetallic mines.

Pan Global Resources Inc. logo (CNW Group/Pan Global Resources Inc.)

Pan Global's President and CEO Tim Moody noted: "Escacena has been the focus of Pan Global's exploration since the recent copper/tin/silver discovery at the La Romana target. To the end of 2022, we completed approximately 140 drill holes at La Romana with mineralization in almost every hole. Our 2023 plan is expected to include more than 50 additional drill holes at Escacena. This includes a 10-hole stepout and infill drill program at La Romana that is already underway targeting electromagnetic anomalies, further testing the continuity and potential down-dip extensions of the mineralization."

Catalysts for 2023 include:

  • Assay results from the ongoing exploration drilling at La Romana, the Romana Deep target (electromagnetic anomaly on the down-dip projection of the La Romana mineralization) and Zarcita target (located 4 km north of La Romana)
  • Gaining access to the west and east of La Romana to continue testing extensions of the geophysics target
  • Ongoing La Romana metallurgy testwork
  • Assay results from drilling on additional exploration targets

Mr. Moody added: "With a fully funded program for 2023, and three drill rigs currently operating on three targets at La Romana, Romana Deep, and Zarcita, plus exploration advancing on a number of other targets, we are well set up for an exciting year ahead at Escacena."

Annual incentive grant approved

The Pan Global Board of Directors has approved grants under the Company's shareholder-approved Omnibus Equity Incentive Compensation Plan (the "Plan") of a total of 2.165 million incentive stock options; 0.55 million Restricted Share Units (RSUs); and 0.65 million Deferred Share Units (DSUs) to officers, directors, employees, and consultants to the Company.

The incentive stock option entitles the holder to purchase the equivalent number of common shares of the Company at a price of $0.44 per common share for a period of five years from the date of grant. The options will vest as follows: 25% on grant, followed by additional 25% on each of 6-month, 12-month, and 18-month anniversaries from date of grant. The RSUs and DSUs will vest over two years from the effective date of grant, with one-third vesting 12 months after the effective date, and one-third vesting on each of the 18-month and 24-month anniversaries.

About the Escacena Project

The Escacena Project comprises a large, contiguous, 5,760-hectare land package controlled 100% by Pan Global in the east of the Iberian Pyrite Belt. The project is located near operating mines at Las Cruces and Riotinto and is immediately adjacent to the former Aznalcóllar and Los Frailes mines where Minera Los Frailes/Grupo Mexico is in the final permitting stage with mining anticipated to restart in late 2023. The Escacena Project hosts the La Romana copper-tin discovery and a number of other prospective targets, including Zarcita, Hornitos, La Jarosa, Romana Deep, Bravo, Barbacena, El Pozo, and San Pablo.

Pan Global Resources Inc. is actively engaged in base and precious metal exploration in southern Spain and is pursuing opportunities from exploration through to mine development. The Company is committed to operating safely and with respect to the communities and environment where we operate.

On behalf of the Board of Directors

www.panglobalresources.com

Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. The Company believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

The forward-looking information contained in this news release is based on information available to the Company as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information.

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.

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SOURCE Pan Global Resources Inc.

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PAN GLOBAL EXPECTED TO BENEFIT FROM THE INCLUSION OF COPPER IN THE 2023 EU CRITICAL MINERALS AND METALS LIST

PAN GLOBAL EXPECTED TO BENEFIT FROM THE INCLUSION OF COPPER IN THE 2023 EU CRITICAL MINERALS AND METALS LIST

TSXV: PGZ      OTCQB: PGZFF

 Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) is pleased to note the inclusion of copper as one of the key metals in the newly released European Union's Critical Minerals and Metals List. The new list identifies the most critical minerals and metals that are essential to the EU's economic growth and its transition to a low-carbon and digital economy.

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PAN GLOBAL GRADUATES TO THE OTCQB VENTURE MARKET IN THE UNITED STATES

PAN GLOBAL GRADUATES TO THE OTCQB VENTURE MARKET IN THE UNITED STATES

Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) is pleased to announce that the Company has qualified for trading on the OTCQB Venture Market in the United States operated by the OTC Markets Group Inc. and the Company's common shares now trade on the OTCQB under the symbol "PGZFF".

Pan Global Resources Inc. logo (CNW Group/Pan Global Resources Inc.)

The Company's common shares will continue to trade on the TSX Venture Exchange (the "TSX-V") under the symbol "PGZ".

"As part of graduating from the OTC Pinks to OTCQB platform, we learned that that Pan Global has a more significant following in the U.S. markets than we expected. The posting of our shares on the OTCQB allows greater access and visibility for the Company as we advance the Escacena Copper Project in southern Spain ," said Tim Moody, President and CEO of Pan Global. "As we continue to expand our presence within the U.S. investment community, the trading of our shares on the OTCQB platform facilitates the expansion and growth of the Company."

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com . The Company's listing on the TSX-V and the trading of its shares on the OTCQB contribute to a growing awareness of the Company and affords investors lower-barrier access to trading.

The 2023 Project plan includes more than 50 additional drill holes at Escacena. A 10-hole stepout and infill drill program is in progress at the La Romana discovery targeting electromagnetic anomalies, further testing the continuity and potential down-dip extensions of the mineralization. Drilling is also in progress at the Zarcita and Romana Deep targets at Escacena.

Catalysts for 2023 include:

  • Assay results from the ongoing exploration drilling at La Romana, the Romana Deep target (electromagnetic anomaly on the down-dip projection of the La Romana mineralization) and Zarcita target (located 4 km north of La Romana)
  • Gaining access to the west and east of La Romana to continue testing extensions of the near-surface mineralization and geophysics targets
  • Results from ongoing La Romana metallurgy testwork
  • Assay results from drilling on the extensions of La Romana following access
  • Discovery of additional exploration targets from the ongoing exploration
About the Escacena Project

The Escacena Project comprises a large, contiguous, 5,760-hectare land package controlled 100% by Pan Global in the east of the Iberian Pyrite Belt. The project is located near operating mines at Las Cruces and Riotinto and is immediately adjacent to the former Aznalcóllar and Los Frailes mines where Minera Los Frailes/Grupo Mexico is in the final permitting stage with construction anticipated to restart in 2023. The Escacena Project hosts the La Romana copper-tin discovery and a number of other prospective targets, including Zarcita, Hornitos, La Jarosa, Romana Deep, Bravo, Barbacena, El Pozo, and San Pablo.

Pan Global Resources Inc. is actively engaged in base and precious metal exploration in southern Spain and is pursuing opportunities from exploration through to mine development. The Company is committed to operating safely and with respect to the communities and environment where we operate.

On behalf of the Board of Directors

Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. The Company believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

The forward-looking information contained in this news release is based on information available to the Company as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information.

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.

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SOURCE Pan Global Resources Inc.

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PAN GLOBAL INTERSECTS WIDE ZONE OF COPPER-STOCKWORK MINERALIZATION AT ZARCITA AND REPORTS DRILL RESULTS FROM MULTIPLE TARGETS

PAN GLOBAL INTERSECTS WIDE ZONE OF COPPER-STOCKWORK MINERALIZATION AT ZARCITA AND REPORTS DRILL RESULTS FROM MULTIPLE TARGETS

TSXV: PGZ      OTC: PGNRF

  • Zarcita: First four drill holes intersect a 75m thick copper-stockwork zone, including massive sulphide intervals with grades up to 2.8% Cu; a further 16 holes planned
  • La Jarosa: 16.5m at 1.1% Pb+Zn, 0.5m at 2.5% Cu and 0.75m at 2.1% Cu; untested conductor identified
  • Hornitos: 15.5m at 1.0% Pb+Zn, including 5m at 2.3% Pb+Zn
  • 20,000m multi-target 2023 drill program underway with three rigs active at La Romana, Romana Deep and Zarcita targets

Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTC: PGNRF) is pleased to announce assay results for 21 drill holes targeting volcanogenic massive sulphide (VMS) copper and polymetallic mineralization at the 100%-owned Escacena Project in the Iberian Pyrite Belt (IPB), southern Spain . The drill holes were all completed in 2022 and provide the first tests of the Zarcita, Hornitos, La Jarosa, Pilar and Bravo Norte targets. Pan Global's 2023 exploration program in Spain includes a 20,000m multi-target drill program with an estimated budget of CAD $8.5 million .

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Pan Global Expands La Romana Deposit and Intersects 3.9 Meters of 1.04% Copper and 5.2 g/t Silver in New Upper Horizon

Pan Global Expands La Romana Deposit and Intersects 3.9 Meters of 1.04% Copper and 5.2 g/t Silver in New Upper Horizon

  • New copper horizon intersected 100 meters above the main La Romana mineralization
  • Near-surface copper mineralization expanded to the south
  • Polymetallic massive sulphides intersected in step-outs to the east

Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF)  ("Pan Global" or the "Company") is pleased to announce assay results for 14 drill holes from the outer extent of the La Romana copper-tin discovery mineralization at the Company's 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain.

"The new results expand the near-surface copper mineralization at La Romana to the south and continues to indicate the mineralization is wide open along strike and downdip," said Tim Moody, Pan Global President and CEO. "These results also highlight a new copper horizon in the hanging wall approximately 100 meters stratigraphically above the main La Romana mineralization. In addition, large step-out holes confirmed the prospective geology and mineralization continues to the east. As the drilling targeted the edges of known mineralization, these results were largely as expected. Based on our geologic understanding of the mineralization to date, La Romana has excellent potential to grow further with additional drilling planned for 2023. The company is well positioned for a strong exploration program in 2023 with the latest quarterly financial statements showing a balance of CAD$ 11.2 million."

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Pan Global Commences Drilling on the Expanded Romana Deep Copper Target at the Escacena Project, Spain

Pan Global Commences Drilling on the Expanded Romana Deep Copper Target at the Escacena Project, Spain

  • Drilling underway at recently identified Romana Deep VMS copper target

  • Romana Deep target features a large heliborne electromagnetic (HEM) anomaly that coincides with the down-dip projection of the near-surface La Romana copper/tin mineralization

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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.

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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

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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.

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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.

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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.

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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.

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