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'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.

About Pan Global Resources

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 Resources TSXV:PGZ Base Metals Investing

PGZ:CA

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".

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.

About Pan Global Resources

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

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

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."

Hole	From	To	Int.¹	Cu	Sn	Ag	Co	Au	Pb	Zn
Southern holes
LRD127	62.50	70.00	7.50	0.20	57	0.3	58	0.01	2	79
inc.	65.00	68.00	3.00	0.29	62	0.4	55	0.01	3	93
LRD129	19.50	28.00	8.50	0.25	240	0.4	51	0.00	39	176
and	62.00	66.00	4.00	0.39	115	0.9	67	0.00	4	86
LRD133	29.00	54.00	25.00	0.17	469	0.6	73	0.01	15	88
inc.	38.50	44.25	5.75	0.35	829	1.5	114	0.01	31	105
inc.	49.00	53.10	4.10	0.16	1267	0.8	91	0.01	13	95
and	89.15	89.50	0.35	1.19	272	1.5	111	0.02	14	62
and	115.70	115.95	0.25	1.81	3130	1.3	98	0.04	19	54
LRD134	96.00	96.50	0.50	2.16	135	13.0	46	0.03	2500	3620
and	112.40	113.00	0.60	0.65	64	2.4	58	0.06	140	486
LRD136	37.30	51.00	13.70	0.16	55	0.7	28	0.01	48	327
inc.	49.00	51.00	2.00	0.35	56	1.2	36	0.01	24	217
and	87.80	89.70	1.90	1.89	89	6.7	54	0.02	73	345
and	104.00	105.00	1.00	0.32	62	4.4	19	0.00	604	3180
LRD137	39.00	62.00	23.00	0.24	262	2.0	65	0.01	164	290
inc.	55.00	58.00	3.00	0.72	697	6.4	113	0.04	736	472
inc.	55.00	56.00	1.00	1.02	953	7.9	84	0.02	673	651
LRD138	17.55	39.00	21.45	0.15	90	1.3	34	0.00	196	291
and	54.00	59.00	5.00	0.19	147	0.4	54	0.02	64	221
and	65.00	75.00	10.00	0.2	498	0.7	49	0.02	164	191
inc.	68.00	69.00	1.00	0.14	1850	0.6	122	0.03	31	91
LRD139	17.00	27.00	10.00	0.48	553	2.5	100	0.01	188	271
inc.	18.00	20.50	2.50	1.32	1650	6.6	190	0.02	180	243
inc.	19.00	19.60	0.60	4.72	1895	23.4	555	0.05	506	471
and	42.00	44.00	2.00	0.36	32	2.5	48	0.01	288	439
and	56.00	57.00	1.00	0.31	23	1.4	30	0.04	432	519
and	66.00	69.00	3.00	0.5	39	2.5	26	0.01	87	185

Down-dip holes
LRD130	25.00	27.00	2.00	0.26	66	0.3	16	0.04	43	182
and	32.00	32.50	0.50	0.35	57	1.3	28	0.01	80	326
and	152.00	174.50	22.50	0.25	222	1.1	60	0.00	61	250
inc.	152.00	153.00	1.00	0.09	2180	0.3	55	0.00	19	178
inc.	159.30	160.00	0.70	2.29	375	8.2	105	0.01	121	464
and	199.00	206.80	7.80	0.39	390	2.8	76	0.01	100	644
inc.	202.00	202.50	0.50	2.32	1895	19.3	231	0.03	493	2450
LRD132	107.70	108.25	0.55	1.0	82	18.6	109	0.05	2150	1830
and	141.00	159.00	18.00	0.37	189	2.0	63	0.01	85	353
inc.	145.00	145.50	0.50	2.1	264	12.6	164	0.02	539	1690
inc.	150.65	152.00	1.35	1.32	532	7.2	102	0.01	184	457
LRD135	56.00	57.00	1.00	0.52	28	2.9	28	0.00	76	400
and	60.00	61.75	1.75	0.38	21	2.3	28	0.01	32	104
and	149.30	153.20	3.90	1.04	57	5.2	54	0.03	584	532
inc.	149.30	150.30	1.00	1.68	66	8.9	42	0.04	723	1000
inc.	152.10	153.20	1.10	2.12	52	7.2	116	0.04	103	149
and	247.00	253.00	6.00	0.19	549	1.6	52	0.01	237	814
inc.	251.00	252.00	1.00	0.09	1800	0.5	49	0.00	66	250

Eastern step-out holes
LRD123	199.00	229.00	30.00	0.01	30	0.8	14	0.01	1483	2690
and	343.90	344.15	0.25	0.12	101	9.4	32	0.20	16400	25600
LRD128	80.00	84.90	4.90	0.01	25	0.9	7	0.00	2211	2301
and	195.00	207.90	12.90	0.01	15	0.6	14	0.01	1264	1962
inc.	207.40	207.90	0.50	0.12	34	7.9	23	0.05	16500	22000
and	228.00	230.00	2.00	0.02	na²	3.1	15	na	5060	7830
and	326.00	343.00	17.00	0.02	30	0.8	16	0.003	1102	2449
LRD131	152.00	158.50	6.50	0.02	na	1.6	17	na	1568	4365
inc.	155.00	155.50	0.50	0.15	na	12.8	16	na	4110	32700
and	278.00	278.50	0.50	0.10	na	4.5	18	na	12700	12250
and	334.00	334.50	0.50	0.04	na	3.5	15	na	3380	7810

Hole_ID	Easting¹	Northing¹	Azimuth (º)	Dip (º)	Depth (m)
LRD123	737165	4152809	180	-65	386.7
LRD127	736235	4152625	180	-55	97.65
LRD128	737340	4152658	180	-55	347.2
LRD129	736276	4152624	180	-55	131.3
LRD130	736629	4152791	180	-60	265.2
LRD131	737561	4152810	180	-60	353.15
LRD132	736684	4152763	180	-55	242.2
LRD133	736088	4152702	215	-45	183.05
LRD134	737030	4152557	180	-50	131
LRD135	736322	4152969	180	-55	365.7
LRD136	736933	4152546	180	-55	125
LRD137	736635	4152584	180	-57	140
LRD138	736533	4152576	180	-50	104.25
LRD139	736384	4152622	180	-55	101.25

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Heritage Mining Announces Early Issuance of Exploration Permit for Flagship Project Drayton Black Lake

(TheNewswire)

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 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").

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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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 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.

"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 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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HOLE	From	To	Interval ¹	Cu	Ag	Au	Pb	Zn	PbZn
HOLE	(m)	(m)	(m)	( %)	(g/t)	(g/t)	(ppm)	(ppm)	( %)
LJD02	228.20	237.30	9.10	0.11	0.3		40	140
inc	237.05	237.30	0.25	1.00	1.0		20	170
LJD03	81.90	92.00	10.10	0.01	3.2		5770	3750	1.0
and	434.20	437.70	3.50	0.80	0.9		40	790	0.1
inc	435.20	436.05	0.85	1.42	1.6		100	3020	0.3
inc	437.00	437.70	0.70	1.50	1.6		30	100
LJD04	67.80	83.00	15.20		0.4		670	2220	0.3
LJD05	65.70	79.20	13.50	0.16	0.3		10	90
and	107.00	112.00	5.00	0.15	2.0	0.02	610	4400	0.5
inc	107.00	108.00	1.00	0.34	6.1	0.07	2020	16500	1.9
and	117.00	132.00	15.00	0.11	0.4		20	170
LJD06	Hole abandoned
LJD07	238.00	246.00	8.00		1.1	0.02	880	3390	0.4
inc	240.00	241.00	1.00	0.01	1.7	0.06	1060	9870	1.1
LJD08	367.75	384.00	16.25	0.13	3.4	0.01	3917	9330	1.1
inc	367.75	375.00	7.25	0.22	0.6		9	60
inc	368.20	368.70	0.50	2.53	6.0	0.03	55	81
and	393.00	397.55	4.55	0.44	1.1		26	130
inc	394.00	394.75	0.75	2.06	5.0		18	104
LJD09	327.00	331.00	4.00	0.01	1.2	0.06	1091	3058	0.4

HOLE	From	To	Interval ¹	Cu	Ag	Au	Pb	Zn	Pb+Zn
HOLE	(m)	(m)	(m)	( %)	(g/t)	(g/t)	(ppm)	(ppm)	( %)
HOD01	61.00	71.30	10.30		0.5		960	3500	0.4
and	99.00	114.55	15.55		0.8		1300	8400	1.0
inc	99.00	104.00	5.00		1.4		2100	21000	2.3
HOD02	82.00	97.00	15.00		0.4		1036	1856	0.3
and	115.00	149.00	34.00		0.5		1065	2855	0.4
inc	115.00	132.00	17.00		0.6		1513	4650	0.6
inc	116.00	119.00	3.00		0.7		1586	8817	1.0
inc	129.00	132.00	3.00		1.0		2595	9460	1.2
inc	129.00	130.00	1.00		1.0		2300	15500	1.8
PRD01	No significant results
PZD01	No significant results

HOLE	From	To	Interval ¹	Cu	Ag	Au	Pb	Zn	Pb+Zn
HOLE	(m)	(m)	(m)	( %)	(g/t)	(g/t)	(ppm)	(ppm)	( %)
EPD01	No significant results
EPD02	No significant results
EPD03	83.00	88.00	5.00	0.00	0.6	0.00	1127	2247	0.3
EPD04	No significant results
BND01	No significant results

HOLE	Easting ¹	Northing ¹	Azimuth	Dip	EOH (m)	Target
ZAD01	738370	4156940	180	-65	325	Zarcita
ZAD02	738369	4156937	0	-70	203.1	Zarcita
ZAD03	738352	4157082	180	-52	242.1	Zarcita
ZAD04	738351	4157082	0	-80	371.4	Zarcita
HOD01	736391	4155510	180	-50	239.2	Hornitos
HOD02	736391	4155511	180	-85	217.3	Hornitos
PRD01	735832	4155013	180	-60	314.3	Hornitos-El Prado
PZD01	735546	4155669	180	-60	224.4	Hornitos-Pozo
LJD02	740648	4154536	180	-67	405.2	La Jarosa
LJD03	740583	4154639	180	-76	470.2	La Jarosa
LJD04	740528	4154643	180	-65	461.8	La Jarosa
LJD05	740545	4154360	180	-65	353.1	La Jarosa
LJD06	740773	4154640	180	-65	304.2	La Jarosa
LJD07	741492	4154262	180	-60	350.3	La Jarosa
LJD08	740778	4154639	180	-65	491.6	La Jarosa
LJD09	741439	4154449	180	-60	447.1	La Jarosa
BND01	739471	4154118	180	-77	439.5	Bravo Norte
EPD01	740977	4153563	0	-90	465.4	Pilar
EPD02	740660	4153962	180	-60	434.3	Pilar
EPD03	740773	4153914	180	-60	401.4	Pilar
EPD04	741229	4153013	180	-80	444.2	Pilar

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

Overview

Company Highlights

Key Projects

Escacena Project

Exploration

Aguilas Project

Management Team

Patrick Evans - Chairman and Director

Andrew Marshall - Chief Financial Officer

Jim Royall - Vice President Exploration

Tim Moody - Director

Brian Kerzner - Director

Patrick Downey - Director

Bob Parsons - Director

Juan Garcia Valledor - General Manager Spain

Michael Westcott - Advisor

Latest Press Releases

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