Ramp Metals Discovers New Mineralized Target Northwest of Ranger Gold Discovery

Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to provide an update on its Rottenstone SW property where a gold discovery of 73.55 gt Au over 7.5m was identified in drillhole Ranger-01. The Company recently completed a mapping and sampling program to follow up on this discovery, and to groundtruth other potential targets that were generated from the 2023 TDEM geophysical survey.

The mapping and sampling program focused on the Ranger, Rogue, and newly identified Rush targets (Figure 1). During this program, a total of 312 rock samples and 225 soil samples were taken (Figure 2) throughout the Rottenstone SW property. Assays from this program are currently pending.

Figure 1: Area of Focus for the Sampling and Mapping Program.

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Figure 2: October 2024 field program sample overview, overlaying TDEM channel 25

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Ranger

The Ranger target is in an area of exposed bedrock ridges which parallel the NE-SW striking regional foliation. A NE-SW striking high-conductivity zone approximately 1350m in length is associated with the target. The main lithologies encountered in this area are migmatites and intrusive quartz diorite, with minor volcanic and sedimentary packages.

To date, gold mineralization has been found in two distinct rock packages. Prospecting in fall 2023 discovered two samples grading 5.11 g/t Au and 1.09 g/t Au in mafic packages within the migmatite country rock. These samples were located on separate ridges approximately 100m across regional strike (Figure 1). The discovery intercept of 73.55 g/t Au over 7.5m was found in a coarse grained quartz diorite. During the October 2024 field program, a total of 177 rock samples were taken around the Ranger target (Figure 3), with a focus on these two packages of interest.

Rogue

The Rogue target is located approximately 3km NW from Ranger. The area is heavily forested and is covered by 10m of glacial till overburden. The conductive geophysical targets appear to be associated with regional folding. The targets are located within the axis of these folds. Limited drilling to date has identified broad zones of chlorite alteration along with pyrrhotite, arsenopyrite, pyrite, and minor gold mineralization (see Ramp Metals' news release dated July 8, 2024). The Company believes that these indicators warrant further exploration of these targets. A total of 221 soil samples and 1 rock sample were taken throughout the Rogue target area.

Figure 3: Sample locations over Rogue & Ranger targets overlaying TDEM Channel 25

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Figure 4: Rusty Schist outcrop at 'Ranger'

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Figure 5: Channel sample taken at 'Ranger'

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Rush

The Rush target is a newly identified area of interest located approximately 7.5 km NW of Ranger. It consists of a NE-SW striking zone of high conductivity approximately 1200m in length. The area is heavily forested and bedrock exposure is limited to sporadic ridges which parallel the NE-SW regional foliation. A total of 56 rock samples and 24 soil samples were taken over the area. Disseminated Chalcopyrite and Malachite staining were noted in multiple rock samples.

This mineralized zone was traced for 20m along the base of an exposed ridge, and dips under cover to the NE and SW.

Figure 6: 'Rush' sample locations overlaying TDEM Channel 25. Photos of samples SRC416800 & SRC170558 can be seen in Figures 7 & 8 below.

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Figure 7: 'Rush' sample SRC416800 showing weathered ultramafic with malachite staining

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Figure 8. 'Rush' sample SRC170558. Example of Malachite staining taken at contact of ultramafic and migmatite

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"The Rush target is an exciting new development as it highlights just how underexplored the Rottenstone domain is," commented Garrett Smith, VP of Exploration at Ramp Metals Inc. "As we eagerly await the results from the October program, we are excited by the potential of a new deposit type to go along with our recent gold discovery."

The Company is currently planning an extensive airborne geophysical program in order to complete the dataset over the entire Rottenstone SW property. The geophysical program, combined with the lab results from the above-noted mapping program will be used to define drill targets in the upcoming winter drill program. An amendment to allow up to 5000m of drilling has been submitted to the Saskatchewan Ministry of Environment (see Ramp Metals' news release dated Oct 3, 2024) and is currently in the review process.

QA/QC and Geochemical Sampling Procedure

All rock and soil samples were taken, described, photographed, and bagged on-site. Control samples consisting of certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's QA/QC protocol at a rate of 1:15 or better. All samples were transported by Ramp Metals staff to a secure warehouse, packaged and then transported by Manitoulin Transport to Bureau Veritas Commodities Canada Ltd.("BV"), an internationally recognized and ISO 17025:2017 accredited analytical services provider, at its Vancouver, British Columbia laboratory.

Samples have been submitted to BV using the following packages and procedures:

Rock samples are prepared using the PRP70-250 package, where samples are weighed, dried, and crushed to greater than 70% passing a 2mm sieve, then pulverized to greater than 85% passing 75 microns. Samples are then analyzed in accordance with BV's FA330 and MA300 packages, for both gold, platinum and palladium analysis by fire assay (30g fire assay with AAS finish) and multi-element ICP analysis (0.25 g, multi-acid and ICP-ES analysis). Gold returning >10ppm is automatically analyzed by gravimetric method in accordance with BV's standard of practice.

Soil samples are prepared using BV's SS80 package, where samples are dried at 60°C and sieved to depletion to -180 μm (80 mesh). Samples are then analyzed in accordance with BV's AQ251+PGM package, an ultra-trace by ICP-MS analysis where aqua regia digestion is used for low to ultra-low determination on soils followed by a 37 element (including gold) ICP-MS with the platinum, palladium add on for analysis of a 15g sample.

Qualified Person

Brett Williams, P.Geo., VP Operations and Senior Geologist for Ramp Metals, and a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content in this news release.

About Ramp Metals Inc.

Ramp Metals is a grassroots exploration company with a focus on a potential new Saskatchewan gold district. The Company currently has a new high-grade gold discovery of 73.55 g/t Au over 7.5m at its flagship Rottenstone SW property. The Rottenstone SW property comprises of 32,715 hectares and is situated in the Rottenstone Domain.

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.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's exploration activities.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

For further information, please contact:

Ramp Metals Inc.
Jordan Black
Chief Executive Officer
jordaneblack@rampmetals.com

Prit Singh
Director
905 510 7636

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Ramp Metals Provides Drill and Geophysics Update

Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to announce that the Company has completed a geophysics program at its Ranger and Rush targets on the Rottenstone SW property, with the remainder of the property to be surveyed prior to the summer exploration season. The survey was flown using the Xcite HTDEM system, with 100-meter line space to provide high-resolution data for target refinement.

Over Ranger, the survey, uncovered a series of EM anomalies to the east of the main Ranger target (Figure 1). The newly identified anomalies stretch for over 1900m along a NE-SW trending structure.

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Ramp Metals Initiates Drill Program for the Rottenstone SW Gold Property

Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to announce that the Company has initiated drilling at its flagship Rottenstone SW property. The Company has completed three drill holes near Ranger-01, where 73.55 gt Au over 7.5m was identified previously. Each drill hole at Ranger has encountered the quartz diorite intrusion where the gold was previously intersected. The core is being flown back to the core shack daily where it will be logged, sampled, cut, and sent to the lab for assays.

The Company plans to drill a total of 12-15 holes across three mineralized zones including Ranger, Rush, and Rogue as shown in (Figure 1). More information on the three mineralized zones can be found in the Ramp Metals January 20th press release.

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Ramp Metals Announces Receipt of Exploration Drill Permits

Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to announce that the Company has received the necessary permits from the Saskatchewan Ministry of Environment to commence exploration drilling at its flagship Rottenstone SW property.

The Company plans to drill three unique mineralized targets on the property (Figure 1), focusing on the gold discovery of 73.55 g/t Au over 7.5m that was identified in drillhole Ranger-01. The Ramp Metals team will be mobilizing to the property on March 12, 2025.

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Vertex Minerals Limited Appointment of Joint Chief Financial Officers

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce the appointment of Vince Fayad and Kurt Laney as Joint Chief Financial Officers (CFO) of the Company.

HIGHLIGHTS:

- Appointment of Vince Fayad and Kurt Laney as Joint Chief Financial Officers

- Both bring extensive experience in the public company sector, with a strong focus on the mining industry

- Focus on processes and controls to support the growth and development of the Company

- Based in Sydney

Vince and Kurt bring a wealth of experience in both the mining and public company sectors. Their combined experience, together with their broader expertise in handling larger trading entities, will be invaluable as the Company progresses towards its next stage of production. Vince and Kurt will work alongside the management team at Hill End, with a particular focus on supporting the evolution of the Company's processes and controls across the accounting, finance and treasury functions as Vertex transitions to production.

Both Kurt and Vince are Chartered Accountants and their experience includes:

- Vince has over 40 years' experience in corporate finance, international M&A, accounting and other advisory related services in Sydney-based mid-tier accounting firms. His experience ranges from provision of corporate, accounting and secretarial services, together with strong commercial acumen particularly, in the planning and execution and of development strategies for projects as well as acquisition skills.

- Kurt is an experienced Chartered Accountant with over ten years of experience specialising in the provision of accounting for publicly listed companies, taxation, and corporate secretarial services.

Vince brings extensive public company experience, including his current role as Executive Director and Joint Company Secretary of Astute Metals NL (ASX:ASE). Kurt also serves as CFO and Joint Company Secretary of ASE. Over the past decade, both Vince and Kurt have held Joint CFO and Company Secretary roles across several other ASX-listed companies.

Executive Chairman Roger Jackson commented, "I am delighted with the appointment of Vince and Kurt. They bring not only a strong degree of financial acumen, but also have extensive public company experience and, being Sydney-based, will integrate well with our project team and operations. These skills will be invaluable as the Company moves forward. I look forward to working with Vince and Kurt".

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

Source:
Vertex Minerals Limited

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Lumina Gold Closes US$20 Million Convertible Debt Private Placement

Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce that, further to its news release dated April 21, 2025 it has closed the private placement (the "Private Placement") issuance of an aggregate principal amount of US$20 million unsecured convertible notes (the "Notes") bearing interest at a rate of 6.0% per annum.

The Notes and any securities issuable upon conversion are subject to a four month hold period expiring on September 7, 2025 in accordance with applicable Canadian securities laws. No securities have or will be issued as bonuses, finder's fees or commissions in connection with the Private Placement.

About Lumina Gold

Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based exploration company focused on the Cangrejos project located in El Oro Province, southwest Ecuador . In 2023, the Company completed a Pre-Feasibility Study for the Project, which is the largest primary gold deposit in Ecuador . Lumina has an experienced management team with a successful track record of advancing and monetizing exploration projects.

Follow us on: Twitter , LinkedIn or Facebook .

Further details are available on the Company's website at https://luminagold.com . To receive future news releases please sign up at https://luminagold.com/contact .

Lumina Gold Corp.

Signed: "Marshall Koval"

Marshall Koval , President & CEO, Director

Neither the 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 news release.

View original content to download multimedia: https://www.prnewswire.com/news-releases/lumina-gold-closes-us20-million-convertible-debt-private-placement-302447559.html

SOURCE Lumina Gold Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2025/06/c1134.html

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Questcorp Signs Option Agreement to Acquire 100% Interest in La Union Project, Sonora, Mexico and Completes Technical Report for La Union Project

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce that further to its news release dated September 6, 2024, it has entered into a definitive option agreement (the "Option Agreement") for the 2,520.2 hectare La Union carbonate replacement project located in Sonora, Mexico (the "Project" or "La Union") with Riverside Resources Inc. ("Riverside") and its wholly-owned subsidiary, RRM Exploracion, S.A.P.I. DE C.V. (the "Vendor") dated May 5, 2025 (the "Transaction"). The Company has also completed and filed on SEDAR+ the La Union Technical Report (the "Report") in support of the Transaction (as defined below).

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CONSOLIDATED RESULTS
	Three months ended March 31, 2025		Three months ended March 31, 2024
Weighted average shares during period		362,408		364,486
Shares outstanding end of period		362,190		362,940

	Three months ended M arch 31,
		2025		2024
FINANCIAL
Revenue	$	773.2	$	601.4
Cost of Sales ⁽¹⁾	$	522.4	$	530.4
Mine operating earnings	$	250.8	$	71.0
Net earnings (loss)	$	169.3	$	(30.8	)
Basic earnings (loss) per share ⁽²⁾	$	0.47	$	(0.08	)
Adjusted earnings ⁽³⁾	$	153.0	$	4.7
Basic adjusted earnings per share ⁽²⁾⁽³⁾	$	0.42	$	0.01
Net cash generated from operating activities	$	174.8	$	61.1
Net cash generated from operating activities before changes in working capital ⁽³⁾	$	240.1	$	127.1
Sustaining capital expenditures ⁽³⁾	$	62.2	$	65.7
Project capital expenditures ⁽³⁾⁽⁴⁾	$	18.6	$	30.9
Cash dividend paid per share	$	0.10	$	0.10
PRODUCTION
Silver (thousand ounces)		5,003		5,009
Gold (thousand ounces)		182.2		222.9
Zinc (thousand tonnes)		14.0		9.8
Lead (thousand tonnes)		6.7		4.6
Copper (thousand tonnes)		0.6		1.7
AISC ⁽³⁾ ($/ounce)
Silver Segment		13.94		16.63
Gold Segment		1,485		1,499
AVERAGE REALIZED PRICES ⁽⁵⁾
Silver ($/ounce)		31.25		22.61
Gold ($/ounce)		2,868		2,078
Zinc ($/tonne)		2,819		2,424
Lead ($/tonne)		1,974		2,063
Copper ($/tonne)		9,287		8,373

(1)	Cost of Sales includes production costs, depreciation and amortization and royalties.
(2)	Per share amounts are based on basic weighted average common shares.
(3)	Non-GAAP measure; please refer to the "Alternative Performance (non-GAAP) Measures" section of this news release for further information on these measures. The AISC are excluding NRV inventory adjustments.
(4)	Project capital relates to expenditures at the La Colorada mine, the La Colorada Skarn, and the Huaron, Timmins and Jacobina mines.
(5)	Metal prices stated are inclusive of final settlement adjustments on concentrate sales.

Q1 2025 OPERATING PERFORMANCE
	Silver Production ( thousand ounces)	Gold Production ( thousand ounces)	AISC ( $ per ounce) ⁽¹⁾
Silver Segment
La Colorada (Mexico)	1,389	1.2	19.72
Cerro Moro (Argentina)	545	20.6	(4.40)
Huaron (Peru)	951	--	13.09
San Vicente (Bolivia) ⁽²⁾	643	--	19.70
Total Silver Segment ⁽³⁾	3,528	21.7	13.94
Gold Segment
Jacobina (Brazil)	1	45.1	1,243
El Peñon (Chile)	945	28.2	1,214
Timmins (Canada)	4	28.5	2,124
Shahuindo (Peru)	65	29.5	1,440
Minera Florida (Chile)	112	15.2	2,445
Dolores (Mexico)	349	14.0	569
Total Gold Segment ⁽³⁾	1,476	160.5	1,485
Total Consolidated ⁽³⁾	5,003	182.2

(1)	Non-GAAP measure; please refer to the "Alternative Performance (non-GAAP) Measures" section of this news release for further information on these measures. The AISC are excluding NRV inventory adjustments.
(2)	San Vicente data represents Pan American's 95.0% interest in the mine's production.
(3)	Totals may not add due to rounding.

	2025 Annual Guidance
Silver Production (million ounces)	20.00 - 21.00
Gold Production (thousand ounces)	735 - 800
Silver Segment AISC ⁽¹⁾ ($ per ounce)	16.25 - 18.25
Gold Segment AISC ⁽¹⁾ ($ per ounce)	1,525 - 1,625
Sustaining Capital Expenditures ($ millions)	270.0 - 285.0
Project Capital Expenditures ($ millions)	90.0 - 100.0

Hole_ID	Target	From	To	Au g/t	Length	Composite
HML25-003	New Millennium	18	20	1.78	2	2.0 m of 1.78 g/t Au
And	New Millennium	41	47	1.05	6	6.0 m of 1.05 g/t Au
And	New Millennium	71	74	1.77	3	3.0 m of 1.77 g/t Au
HML25-004	New Millennium	38	42	0.77	4	4.0 m of 0.77 g/t Au
HML25-006	New Millennium	52	65	0.23	13	13.0 m of 0.23 g/t Au
HML25-007	New Millennium	62.5	70.6	0.78	8.1	8.1 m of 0.78 g/t Au

Deadline	Cash Payment (CAD)	Share Issuance	Exploration Expenditures (CAD)
Within two (2) business days of the date of the Option Agreement	$25,000	N/A	N/A
On the Effective Date⁽¹⁾	N/A	9.9%⁽²⁾	N/A
On or before the first anniversary of the Effective Date	N/A	14.9%⁽²⁾⁽³⁾	$1,000,000
On or before the second anniversary of the Effective Date	$25,000	19.9%⁽²⁾⁽³⁾	$1,250,000
On or before the third anniversary of the Effective Date	$25,000	19.9%⁽²⁾⁽³⁾	$1,500,000
On or before the fourth anniversary of the Effective Date	$25,000	19.9%⁽²⁾⁽³⁾	$1,750,000
Total	$100,000	19.9%⁽²⁾⁽³⁾	$5,500,000

Ramp Metals Discovers New Mineralized Target Northwest of Ranger Gold Discovery

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Investor Insights

Overview

Current Gold Landscape

Outlook on Battery Metals

Company Highlights

Key Projects

Rottenstone SW Claims

Peter Lake Domain Claims

Management Team

Jordan Black – Chief Executive Officer and Director

Garrett Smith – VP Exploration

Brett Williams – VP Operations and Senior Geologist

Prit Singh – Director

David Parker – Director

Peter Schloo – Director

Michael Romanik – Director

Advisory Team

Dr. Mark Bennett, Ph.D.

Scott McLean, P.Geo., FGC.

Richard Murphy, P.Geo.

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