Tin

TinOne Resources. Inc. (TSXV: TORC) (" TinOne " or the " Company ") is pleased to provide an update on its exploration activities on the Company's Great Pyramid and Aberfoyle tin projects located in the tier one mining jurisdiction of Tasmania, Australia .

Drilling commenced at the Great Pyramid project on April 27, 2022 with three drill rigs operating on site, including two Diamond (DD) rigs and one Reverse Circulation (RC) rig. The initial program consists of approximately 5,500 metres and has several objectives:

  • Test the depth and lateral extensions of the historical resource;
  • Test a large-scale IP chargeability anomaly adjacent to the historic resource; and,
  • Obtain grade and continuity data utilising modern drill and analytical techniques, within the area of the historic resource.

In addition to drilling, geochemical analysis has been fast tracked and initial results are expected within coming weeks.

At the Aberfoyle Project, the Company is actively pursuing its drill target definition programs, including:

  • First phase field mapping with associated surface rock sampling;
  • The completion of 8km 2 of gradient array IP geophysics in the Aberfoyle-Lutwyche-Eastern Hill area;
  • Interpretation of detailed public-domain LIDAR elevation data which has revealed historic workings over larger areas than previously understood;
  • The collection of a total of 172 surface rock samples and detailed mapping of the large-scale historic workings. Geochemical data from this program is expected to be received in coming weeks; and,
  • The initiation of a detailed program of 3D data compilation of the late 1890's – 1980's mining areas.

In addition to the above programs, the Company has commenced an expert-driven integrated structural and stratigraphic analysis to develop a detailed understanding of the controls on thickness and grade in historically mined areas.  TinOne has also lodged two new Exploration License applications adjacent to the existing EL27/2004 claim block (see Figure 3, below).

"We are extremely pleased to have advanced our exploration programs on our Tasmanian tin projects so quickly after listing," commented Chris Donaldson , Executive Chairman. "Multiple drill rigs, field geological activities and geophysics are all underway and we will endeavour to deliver results from these programs to the market as expeditiously as possible."

About the Great Pyramid Tin Project
Geological Setting

The Great Pyramid deposit is located around a topographical feature known as Pyramid Hill and is hosted by Silurian to Devonian Mathinna Supergroup sandstones. The mineralization is formed by closely spaced sheeted northeast trending, cassiterite (SnO₂) bearing veins associated with silicification and sericite-pyrite alteration. The deposit style and regional comparisons suggests that a tin-fertile granite exists at depth below the deposit, however this has not been encountered in drilling and the deposit is open at depth.

The deposit is currently known over a strike length of more than 500 metres with an average width of approximately 150 metres. The depth extent of the deposit is unknown with only five historical drill holes greater than 150 metres deep. These rare deeper holes encountered encouraging tin mineralization to depths of approximately 300 metres below surface.

Historic Resources

The previous owners of the Great Pyramid project estimated an Inferred Resource reported under the JORC 2012 guidelines. This resource contains approximately 10,000 tonnes of tin at a grade of 0.2% tin. The estimation utilised close spaced historic percussion (~85%) and lesser diamond drill holes with drill spacing in the estimation area typically 15 x 30m and locally closer. Although the resource is defined by close spaced drilling, the resource was classified by the previous owners as Inferred due to the historic nature of the data. The estimate was reported in the independent geological report prepared by Mining One Pty Ltd for TNT Mines Ltd, dated June 26, 2017 .

The Inferred Resource was estimated using Multiple Indicator Kriging method of 1.5 metre down-hole composites within a mineralized domain interpreted from tin grade. The estimate is restricted to the area of close spaced drilling and 90% of the resource occurs within 40 metres of surface. Although the limited deeper drilling has encountered mineralized material this was not included in the resource. Additional drilling utilising modern drill techniques, analytical techniques and QA/QC will be required to re-estimate the resource and report under NI 43-101.

The reader is cautioned that the above referenced "Inferred Resource" estimates are considered historical in nature and is based on prior data and reports prepared by previous property owners. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and TinOne is not treating the historical estimate as current mineral resources or mineral reserves. Significant data compilation, re-drilling, re-sampling and data verification may be required by a qualified person before the historical estimate on the Great Pyramid property can be classified as a current resource.  There can be no assurance that any of the historical mineral resources, in whole or in part, will ever become economically viable. In addition, mineral resources are not mineral reserves and do not have demonstrated economic viability.  Even if classified as a current resource, there is no certainty as to whether further exploration will result in any inferred mineral resources being upgraded to an indicated or measured mineral resource category.

About the Aberfoyle Tin Project
Geological Setting

The Aberfoyle project area straddles the boundary between the Silurian to Devonian Mathinna Supergroup sedimentary rocks and the Devonian Ben Lomond Granite. The historic Aberfoyle (tin) and Storeys Creek (tin-tungsten) mines as well as other vein systems are hosted in the sedimentary rocks and occur as strike extensive systems of sheeted and stockwork veining. The Aberfoyle vein system is reported to have dimensions of 60m wide, 800m strike, 400m down dip. It is important to note that this is the vein swarm or envelope thickness and individual veins within that range from cm-scale to approximately 2 metres in thickness.

The Lutwyche prospect occurs approximately 1 kilometre northeast of Aberfoyle and is comprised of two sets of mineralized veins which can be traced along strike for approximately 750 metres.  An additional sediment-hosted vein system, the Kookaburra, is located 200 metres southwest of the main Lutwyche vein system and is known to be approximately 40 metres wide with an along strike extent of at least several hundred metres.

Mineralization at Storeys Creek is hosted within a 30 to 50 metre wide, north-northwest striking sheeted vein array which dips to the southwest. The reported thickness is the thickness of the vein envelope and individual veins are of cm-scale to maximum of approximately 1.5m . The system can be traced along strike for 300 metres and extends 400 metres in the down dip direction. The Ben Lomond Granite crops out approximately 1km west of the mine and has been identified at depth at 180 metres below the surface. Additional poorly known sediment-hosted vein systems occur at Brocks, Eastern Hill and elsewhere in the tenement.

Granite-hosted occurrences are developed throughout the exposed areas of granitoid outcrop and consist of vein, disseminated and breccia style occurrences with associated greisen style alteration.  These have given rise to historic small scale hard rock and more extensive alluvial production in the Gipps Creek, Rex Hill , Ben Lomond , Royal George and other areas.

TinOne interprets that both sediment- and granite-hosted systems have developed in structural corridors of multi-kilometre extent and that historic exploration has not systematically explored these corridors.  The Company further believes systematic exploration of these prospective corridors will result in the definition of high-quality drill targets.

Historic Production and Exploration

Tin mineralization was discovered at Storeys Creek in 1872 and Aberfoyle in 1916, with the deposits seeing sporadic exploration and mining activities until closure in the early 1980s.  Additional small-scale production occurred at the Royal George deposit in the southern block of EL27/2004. Exploration work was conducted during the mining phases and sporadic exploration has been conducted since that time with an emphasis on the immediate extensions of the Aberfoyle , Lutwyche and Storeys Creek areas.  Historic exploration (early 1980s and earlier) consisted of drilling, geological mapping, rock sampling, minor soil sampling and very limited electrical geophysics using the technology available at the time. More recent exploration (1990s until present) has consisted of minor soil sampling and limited drilling at the Aberfoyle , Storeys Creek and Rifle Range (northern part of Lutwyche) prospects.

Drilling has been concentrated in the immediate vicinity of historic mines with minimal drilling conducted away from the historic mine infrastructure. TinOne considers that extensive areas of known systems have had little or no systematic exploration.


Recorded Production -
Tin (Sn) tonnes

Recorded Production -
Tungsten (W) tonnes

Source

Historical Production Estimates (4)

Aberfoyle Sn/W

19,110

4,660

1

2.1Mt @ 0.90% Sn and 0.30% WO 3

Storeys Creek W/Sn

1,980

9,500

1

1.1Mt @ 1.09% WO 3 and 0.18% Sn

Rex Hill

651


2

826 tonnes of cassiterite; 1,600 oz Ag

Royal George

1,105


3

0.170Mt @0.65% Sn






Data Sources and Notes

1) Seymour, D.B., Green, G.R. and Calver, C.R. 2006. The geology and mineral deposits of Tasmania: a summary. Geological Survey Bulletin 72. Mineral Resources Tasmania

2) Blissett, A.H. 1959. The Geology of the Rossarden-Storeys Creek District. Geological Survey Bulletin 46. Tasmanian department of Mines.

3) Purvis, J.G. 1979. Initial exploration at the old Royal George Tin Mine. CRA Exploration.

4) Estimates of historical production are not estimates mineral resource or reserve estimates and no guarantee exists that historical records are accurate or that historical size and grade are a reliable indicator of future results. A qualified person has not done sufficient work to verify these historical production estimates.


Figure 1: Location of the Great Pyramid and Aberfoyle tin projects in the mining friendly jurisdiction of Tasmania (CNW Group/TinOne Resources Corp.)

Figure 2: Drilling at Great Pyramid (CNW Group/TinOne Resources Corp.)

Figure 3: Summary geological setting, mineral occurrences and TinOne tenure (EL27/2004 – granted; EL13/2022 and 14/2022 – applications) in the Aberfoyle project area (CNW Group/TinOne Resources Corp.)

About TinOne

TinOne is a TSX Venture Exchange listed Canadian public company with a high-quality portfolio of tin projects in the Tier 1 mining jurisdictions of Tasmania and New South Wales, Australia . The Company is focused on advancing its highly prospective portfolio while also evaluating additional tin opportunities. TinOne is supported by Inventa Capital Corp.

Qualified Person

The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Dr Stuart Smith ., Technical Adviser for TinOne. Dr. Smith is a Qualified Person as defined under the terms of National Instrument 43-101.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release includes certain "Forward‐Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward‐looking information" under applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward‐looking statements or information. These forward‐looking statements or information relate to, among other things: the development of the Company's projects, including drilling programs and mobilization of drill rigs; future mineral exploration, development and production; the release of drilling results; and completion of a drilling program.

Forward‐looking statements and forward‐looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of TinOne, future growth potential for TinOne and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of gold and other metals; no escalation in the severity of the COVID-19 pandemic; costs of exploration and development; the estimated costs of development of exploration projects; TinOne's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect TinOne's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward‐looking statements or forward-looking information and TinOne has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's dependence on early stage mineral projects; metal price volatility; risks associated with the conduct of the Company's mining activities in Australia ; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of COVID-19; the economic and financial implications of COVID-19 to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption "Risk Factors" in TinOne's management discussion and analysis. Readers are cautioned against attributing undue certainty to forward‐looking statements or forward-looking information. Although TinOne has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. TinOne does not intend, and does not assume any obligation, to update these forward‐looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

TinOne Resources Corp. Logo (CNW Group/TinOne Resources Corp.)

SOURCE TinOne Resources Corp.

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TinOne Resources

TINONE COMMENCES DRILLING AT GREAT PYRAMID TIN PROJECT

TinOne Resources Inc. (TSXV: TORC) (" TinOne " or the " Company ") is pleased to announce that it has commenced drilling on its Great Pyramid tin project in northeastern Tasmania, Australia .

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TinOne Appoints Paul Matysek and Craig Parry to Technical Advisory Board

TinOne Resources Inc. (TSXV: TORC ) (" TinOne " or the " Company ") is pleased to announce the appointments of Paul Matysek and Craig Parry to the Company's Technical Advisory Board.

TinOne Resources Corp. Logo (CNW Group/TinOne Resources Inc.)

Mr. Matysek and Mr. Parry will join Dr. Stuart Smith and Dr. Scott Halley on the Technical Advisory Board and will provide TinOne's executive team and board of directors with insight and recommendations on project development and strategic goals as the Company prepares to commence field work at its Great Pyramid and Aberfoyle tin projects in Tasmania, Australia .

"On behalf of the Board, I would like to welcome Paul and Craig as the latest members of TinOne's Technical Advisory Board," commented Chris Donaldson , TinOne's Executive Chairman. "Paul and Craig each bring with them decades of experience in exploration and project development and have proven track records of success in capital markets and creating shareholder value. The newly formed Technical Advisory Board will be a tremendous asset to TinOne as we prepare to undertake aggressive exploration programs at our Great Pyramid and Aberfoyle tin projects."

Paul Matysek

Paul Matysek is a geologist/geochemist by training, a successful alpha entrepreneur and consistent creator of shareholder value with over 40 years of experience in the mining industry. Since 2004, as either CEO or Executive Chairman, Mr. Matysek has sold six publicly listed mineral exploration and development companies, in aggregate worth over $2.5 billion .

Most recently in June 2021 , as Chief Executive Officer, he sold Gold X Mining Corp. to Gran Colombia Gold Corp. for over $250 million in an all-share transaction. In March 2018 , as Executive Chairman, he sold Lithium X Energy Corp. to Nextview New Energy Lion Hong Kong Limited for $265 million in cash. Earlier, in July 2016 , Mr. Matysek, as President and CEO, sold Goldrock Mines Corp. to Fortuna Silver Mines Inc. He was also previously CEO of Lithium One Inc., which merged with Galaxy Resources Limited of Australia to create a multi-billion-dollar integrated lithium company. He served as CEO of Potash One Inc., which was acquired by K+S Ag for $434-million cash in a friendly takeover in 2011. Mr. Matysek was also the co-founder and CEO of Energy Metals Corp., a uranium company that grew from a market capitalization of $10 million in 2004 to approximately $1.8 billion when sold in 2007.

Craig Parry

Craig Parry has over 20 years in the resources sector, and is a co-founder and Partner of Inventa Capital, a private natural resource investment company. In addition to being a Partner of Inventa Capital, Craig is the Chairman of Vizsla Silver, Skeena Resources, and is a General Partner of EMR Capital and a former senior advisor to the fund.

Prior to Inventa Capital, Craig was a co-founder and founding director of NexGen Energy and was co-founder of IsoEnergy as its President, CEO and Director until 2021. He was a co-founder of the Tigers Realm Group and was appointed to the Boards of Tigers Realm Minerals and Tigers Realm Metals in 2011 and appointed CEO of Tigers Realm Coal in 2012. Craig, as an exploration and business development geologist, was responsible for the business development activities of the Tigers Realm Group since inception in 2008.

Prior to joining Tigers Realm, Craig was the Business Development Manager for G-Resources Limited responsible for mergers and acquisitions and Principal Geologist - New Business at Oxiana Limited responsible for strategy and business development initiatives in bulk and energy commodities. At Rio Tinto, Craig led exploration programs for iron ore, copper, diamonds, coal and bauxite in Australia , Asia and South America and was Principal Geologist for the Kintyre Uranium project pre-feasibility study. Craig holds an Honours Degree in Geology and is a Member of the AusIMM.

Stock Option Grant

The Company also announces that it has granted 175,000 incentive stock options to a director and a consultant of the Company. The incentive stock options will vest over a period of three years, have an exercise price of $0.27 per share, and are valid for a 5-year period from the date of grant. The options were granted pursuant to the Company's incentive stock option plan and are subject to regulatory approval.

About TinOne

TinOne is a TSX Venture listed Canadian public company with a high-quality portfolio of tin and gold projects in the Tier 1 mining jurisdictions of Tasmania and New South Wales, Australia . The Company is focussed on advancing its highly prospective portfolio through aggressive exploration programs.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release includes certain "Forward–Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward–looking information" under applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward–looking statements or information. These forward–looking statements or information relate to, among other things: the development of the Company's projects, including drilling programs and mobilization of drill rigs; future mineral exploration, development and production; and completion of a maiden drilling program.

Forward–looking statements and forward–looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of TinOne, future growth potential for TinOne and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of gold and other metals; no escalation in the severity of the COVID-19 pandemic; costs of exploration and development; the estimated costs of development of exploration projects; TinOne's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect TinOne's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward–looking statements or forward-looking information and TinOne has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's dependence on early stage mineral projects; metal price volatility; risks associated with the conduct of the Company's mining activities in Australia ; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of COVID-19; the economic and financial implications of COVID-19 to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption "Risk Factors" in TinOne's management discussion and analysis. Readers are cautioned against attributing undue certainty to forward–looking statements or forward-looking information. Although TinOne has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. TinOne does not intend, and does not assume any obligation, to update these forward–looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

SOURCE TinOne Resources Inc.

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TINONE COMMENCES DRILLING TO PANAMA GOLD PROJECT

(TSX-V: TORC)

TinOne Resources Inc. (TSXV: TORC) (" TinOne " or the " Company ") is pleased to announce that it has commenced drilling on its Panama Gold Project in northeastern Tasmania, Australia .

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TinOne Strengthens Technical Team with VP Exploration and Technical Advisory Appointments

(TheNewswire)

TinOne Resources Inc.

TinOne Resources Inc. (TSXV: TORC) (" TinOne " or the " Company ") is pleased to announce the appointments of Mr. Russell Fulton as the Company's Vice President of Exploration and Dr. Scott Halley as a Technical Advisor to the Company, effective immediately

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TINONE STRENGTHENS ITS BOARD AND EXECUTIVE TEAMS

(TORC: TSX-V)

TinOne Resources Inc. (TSXV: TORC) (" TinOne " or the " Company ") is pleased to announce the appointment of Chris Donaldson and Ota Hally to the Company's Board of Directors. Mr. Donaldson will act as Executive Chairman. The Company also announces that Grant Tanaka has been appointed as the Company's Chief Financial Officer.  All appointments are effective immediately.

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Foremost Lithium Makes Initial Option Payment Under the PEG NORTH Option Agreement

Foremost Lithium Makes Initial Option Payment Under the PEG NORTH Option Agreement

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) (www.foremostlithium.com) ("Foremost Lithium", "Foremost" or the "Company") is pleased to announce that it has completed its initial option payment under the terms of its agreement (the "Option Agreement") with Strider Resources Ltd. ("Strider") previously announced June 29, 2022, consisting of a cash payment of $100,000, and issuing 526,316 common shares to Strider. The common shares will be subject to a hold period of four months and one day from the date of issuance.

Under the terms of the Option Agreement pursuant to which the Company has the right to acquire a 100% interest in the PEG NORTH CLAIMS located in the historic Snow Lake mining district in Manitoba (the "Peg North Claims) subject only to a 2% net smelter return royalty granted to Strider (the "NSR") (the "First Option"). Once the First Option has been fully exercised, the Company may, at any time prior to commencement of commercial production on the Peg North Claims, exercise a second option to acquire one half (1/2) of the NSR (1%) for a cash payment of $1,500,000. Please refer to the Company's June 29, 2022 news release for a complete summary of the terms of the Option Agreement.

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Couloir Capital has Published a New Research Note on Cypress Development Corp

Couloir Capital has Published a New Research Note on Cypress Development Corp

Couloir Capital has Published a New Research Note on Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (FSE: C1Z1) ("CYP" or "Company"). The report is titled, "Feasibility Study Commenced, Ongoing Pilot Plant Testing Yields Positive Results."

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal.

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Noram Receives Results for CVZ-81 with High-Grade Long Intercept of 330ft with Weighted Average 1169 ppm Li and Li High of 1810 ppm

Noram Receives Results for CVZ-81 with High-Grade Long Intercept of 330ft with Weighted Average 1169 ppm Li and Li High of 1810 ppm

S andy MacDougall, CEO of Noram Lithium Corp. (" Noram " or the " Company ") (TSXV:NRM | OTCQB:NRVTF | Frankfurt:N7R) is pleased to announce the successful completion of CVZ-81 (PH-03) and release of the final assay results. The Company completed core hole CVZ-81 at a depth of 451.5 feet (137.6 m). Sampling for assay began at 55 ft (16.8 m) and continued to the bottom of the hole, an interval thickness of 416.5 ft (126.9 m) was intersected. The hole ended in mineralization and the weighted average lithium values present were as follows

Noram Lithium Corp., Thursday, June 30, 2022, Press release picture

CVZ-81 was the last hole drilled in Noram's Phase VI drilling program and had better than expected results, as did most of the holes in this in-fill drilling program. Now that the final assays are in, efforts are being focused on updating the geological/lithium grade models to be used in the upcoming PFS. The grades and thicknesses of mineralization seen in the Phase VI holes are anticipated to substantially improve the outlook for the Zeus deposit and upgrade approximately 175 million tonnes of the deposit from the inferred resource category to indicated resource." comments Brad Peek, VP of Exploration and geologist on all six phases of Noram's Clayton Valley exploration drilling.

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Jourdan Announces $2,000,000 Private Placement Financing

Jourdan Announces $2,000,000 Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Jourdan Resources Inc. (TSX-V: JOR) (" Jourdan " or the " Company ") announces that it intends to complete a best efforts non-brokered private placement financing of (i) up to 12,500,000 units (each, a " Unit ") at a price of $0.08 per Unit for gross proceeds of up to $1,000,000, and (ii) up to 10,000,000 common shares of the Company issued on a flow-through basis (each, a " Flow-Through Share ") at a price of $0.10 per Flow-Through Share for gross proceeds of up to an additional $1,000,000 (collectively, the " Offering "). Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a " Warrant "). Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.10 for a period of 24 months from issuance.

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Fortune Minerals Announces Results of Annual General Meeting of Shareholders

Fortune Minerals Announces Results of Annual General Meeting of Shareholders

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2022 Annual General Meeting of shareholders held on June 28, 2022 (the "Meeting") were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below:

Nominee

Shareholders also approved the appointment of Fortune's auditors.

About Fortune Minerals:

Fortune is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper Critical Minerals project in the NWT and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator.

Follow Fortune Minerals:

Click here to subscribe to Fortune's email list.

Click here to follow Fortune on LinkedIn.

@FortuneMineral on Twitter.

Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
info@fortuneminerals.com
Tel: (519) 858-8188
www.fortuneminerals.com

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TinOne Reports First Results from Drilling its Great Pyramid Project, Tasmania, Australia

TinOne Reports First Results from Drilling its Great Pyramid Project, Tasmania, Australia

TinOne Resources Inc. (TSX-V: TORC) (" TinOne " or the " Company ") is pleased to provide the first drill results from its Great Pyramid Tin (Sn) project located in the tier one mining jurisdiction of Tasmania, Australia .

Highlights:
  • All holes returned Tin-bearing intersections and provide support for historical drill data
  • Mineralised zones shown to extend beneath historical resource
  • Highly encouraging intersections include:
    • 22GPRC003 returned 0.25% Sn over 39 metres
    • 22GPRC005 returned 0.29% Sn over 23 metres
    • 22GPRC006 returned 0.19% Sn over 30 metres
    • 22GPRC007 returned 0.30% Sn over 21 metres

Results have been received for 764 metres of the Company's ongoing 5,500 metre drilling program at its Great Pyramid project in Tasmania, Australia . These results represent complete results for seven Reverse Circulation (RC) drill holes and partial results for one additional RC hole.  Assays are being fast tracked and average laboratory turnaround to-date has been 23 days.

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