Copper

Trilogy Metals Announces Date of the Annual Shareholders Meeting

Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) ("Trilogy Metals" or "the Company") will hold the Company's 2022 Annual General Meeting of the Shareholders ("AGM") on Friday, May 13, 2022 at 10:00 am Pacific Time at the office of the Company, Suite 1150, 609 Granville Street, Vancouver, British Columbia .

All current directors will stand for re-election at the AGM. Other items of business include the approval of amendments to, and unallocated entitlements under, the Company's Restricted Share Unit Plan ("RSU Plan") and Deferred Share Unit Plan ("DSU Plan"). The Company is asking shareholders to approve a change to the RSU Plan to remove the option for the Company to cash settle RSUs granted to Canadian resident directors due to potential Canadian tax restrictions. The Company is asking shareholders to approve a change to the DSU Plan to allow directors to elect to receive up to 100% of their annual compensation in DSUs. Both these amendments will provide the Company flexibility to pay our directors fees in the form of stock in an effort to preserve cash and build share ownership.  All of our directors have indicated a willingness to receive their entire 2022 compensation in equity. The Company is also looking at other opportunities to reduce its cash spend for the year and will provide a further update when we release our quarterly financial results in April.

Shareholders as of the record date of March 16, 2022 ("Record Date") will be eligible to vote at the AGM. The Company's 2022 Management Information Circular, which contains information about all director nominees and the amendments to the RSU and DSU Plans was filed today and is now available to the public.  As always, we encourage you to vote your shares prior to the AGM.

No presentations or updates on the Company's activities will be provided at the AGM.  The Company's most recent investor presentation can be found on our website at www.trilogymetals.com .  Any investor who would like further information on the items of business at the AGM or the Company's activities is welcome to contact us directly.

Proxy Statement Filed with Regulators

Additional information about the AGM can be found in the Company's 2022 proxy statement, which has been filed the U.S. Securities and Exchange Commission ("SEC") and the Canadian securities regulatory authorities. The Management Information Circular is available on the Company's website at https://trilogymetals.com/investors/proxy-circular and on the Company's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov ; and has been mailed to all shareholders as of the Record Date.

The Company, its directors and certain of its executive officers are participants in the solicitation of proxies from the Company's shareholders in connection with the Company's 2022 AGM. The Company has filed its definitive proxy statement with the SEC in connection with any such solicitation of proxies from the Company's shareholders. SHAREHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY AS THEY WILL CONTAIN IMPORTANT INFORMATION.

About Trilogy Metals

Trilogy Metals Inc. is a metals exploration and development company which holds a 50 percent interest in Ambler Metals LLC ("Ambler Metals") which has a 100 percent interest in the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska . On December 19, 2019 , South32 Limited, which is a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy to form Ambler Metals. The UKMP is located within the Ambler Mining District which is one of the richest and most-prospective known copper-dominant districts. It hosts world-class polymetallic volcanogenic massive sulphide ("VMS") deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler mining district - the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within land package that spans approximately 172,636 hectares. The Company has an agreement with NANA Regional Corporation, Inc., a Regional Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler mining district in cooperation with local communities. Our vision is to develop the Ambler mining district into a premier North American copper producer.

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, perceived merit of properties, the date and time of the AGM, the willingness of the Company's director to receive their compensation in equity, the Company's plans to look for opportunities to reduce its cash spend for the year and the Company's plans to provide further updates and the timing thereof are 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. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the uncertainties involving our assumptions with respect to the impact of the novel coronavirus (COVID-19) and other risks and uncertainties disclosed in the Company's Annual Report on Form 10-K for the year ended November 30, 2021 filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

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SOURCE Trilogy Metals Inc.

Cision View original content: http://www.newswire.ca/en/releases/archive/March2022/29/c2928.html

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TSX:TMQ

Trilogy Metals Reports High Grade Copper and Zinc from Drilling at its Arctic Deposit

VANCOUVER, Oct. 27, 2016 /PRNewswire/ – Trilogy Metals Inc. (TSX:TMQ) (NYSE:TMQ), formerly NovaCopper Inc., is pleased to announce drill results and provide a project update from its 2016 summer field program at the Arctic poly-metallic volcanogenic massive sulphide (VMS) deposit, part of the Upper Kobuk Mineral Projects (UKMP) located in the Ambler mining district of Northwest Alaska. All amounts are in United States dollars unless otherwise stated.

The majority of this year’s project budget of US$5.5 million was spent on a drilling program at the Arctic Project that included 3,058 meters of drilling for geotechnical, hydrological, waste rock characterization and metallurgical studies as well as further resource definition. In addition to the drilling program, a series of environmental studies were conducted over the UKMP. The LiDAR survey that was incomplete last year due to weather conditions was also completed during the summer. This site investigation work will form the basis for completing a future pre-feasibility study on the Arctic deposit.

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Company News

Trilogy Metals Announces Third Quarter Results and Provides a Corporate and Project Update

VANCOUVER, Oct. 6, 2016 /CNW/ –  Trilogy Metals Inc. (TSX:TMQ) (NYSE:TMQ), formerly NovaCopper Inc., announces its financial results for the third quarter ended August 31, 2016. Details of the Company’s financial results are contained in the unaudited consolidated financial statements and Management’s Discussion and Analysis which will be available on the Company’s website at www.trilogymetals.com, on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are inUnited States dollars unless otherwise stated.
Corporate and Project Update
Name Change
In September 2016, we changed our name to Trilogy Metals Inc. to better reflect our Company’s naturally diversified resource base. The Company’s Upper Kobuk Mineral Projects (“UKMP”) are located in the Ambler mining district in northwest Alaska; a region known to host deposits rich in copper, zinc, lead, gold and silver. The Company controls the mineral rights to approximately 353,000 acres of land containing two known mineral belts, the Ambler Schist Belt and the Bornite Carbonate Sequence. The Ambler Schist Belt hosts volcanogenic massive sulphide (“VMS”) type mineralization occurring as a series of high-grade polymetallic copper-lead-zinc-gold-silver deposits along the entire 100 kilometer (70 mile) long belt. The Bornite Carbonate Sequence hosts several copper replacement targets around the Aurora and Pardner Hill prospects, in addition to an established resource identified at Bornite. Mineralization at Bornite is open to further exploration. The shareholders had previously voted in favour of the change of the Company’s name to Trilogy at our annual and special meeting of shareholders held on May 18, 2016.
Upper Kobuk Mineral Projects
In early August 2016, we wrapped up another successful season advancing the Arctic deposit towards pre-feasibility. The majority of the 2016 project budget of $5.5 million was spent completing a 3,058 metre drill program at the Arctic Project to support geotechnical, hydrological, waste rock characterization and metallurgical studies, as well as resource definition. Substantial field work was also completed to support the continuation of baseline environmental data collection. During the course of the field season, data collection was completed to support an aquatic survey, an avian and large mammal habitat survey, an archaeological survey and expansion of the wetlands delineation and surface quality work. The remaining thirty percent of the LiDAR survey (used to obtain high resolution topographic data) over the UKMP, initiated during the last field season, was completed. The site investigation work completed in 2016 will form the basis for the completion of studies this fall and a future pre-feasibility study on the Arctic deposit. Drill assay results are expected to be released during the fall of 2016.
Sale of Sunward and the Titiribi Project
On September 1, 2016, Trilogy closed the sale of all of the issued and outstanding shares of Sunward Investments Ltd. (“Sunward Investments”) to Brazil Resources Inc. (“BRI”) for consideration of 5,000,000 common shares of BRI, of which 2,500,000 common shares are subject to a six month holding period, and 1,000,000 BRI warrants, with each warrant exercisable into one common share of BRI for a period of two years from the closing date at an exercise price of Cdn$3.50 for total consideration valued at approximately$8.1 million.  Sunward Investments, through a subsidiary, owns 100% of the Titiribi gold-copper exploration project located approximately 70 kilometers southwest of the city of Medellin, in Antioquia Department, Colombia. Trilogy acquired Sunward Investments and the Titiribi project as part of its acquisition of Sunward Resources Ltd. (“Sunward”) in a business combination which closed on June 19, 2015.
The Company reclassified the net assets of Sunward Investments as an asset held for sale and its operations as a discontinued operation, retrospectively, in its third quarter financial statements. The Company expects to realize a gain on the sale of approximately$4.4 million in the fourth quarter of 2016.
Connect with Trilogy Metals Inc. (TSX:TMQ) (NYSE:TMQ) to receive an Investor Presentation.

Company News

Mining News: Enter Trilogy Metals

What does a name say about a company? Management of NovaCopper Inc. feels that its corporate moniker does not say enough about the diversity of metals present in the high-grade deposits encompassed by its Upper Kobuk Minerals Projects in the Ambler mining district of Northwest Alaska.
Arctic, the most advanced UKMP deposit, actually hosts more zinc than it does copper. And, while copper remains the dominant metal in terms of value, zinc supply shortages are closing the price gap between these two metals. Additionally, strong gold and silver prices have increased precious metals contributions to Arctic’s value this year.
“The Ambler district is more than just copper – it is copper; it’s zinc; (and) it’s precious metals,” NovaCopper President and CEO Rick Van Nieuwenhuyse explained in a recent interview.
As such, when markets open in Toronto and New York Sept. 8, NovaCopper Inc. will be no more. In its place, Trilogy Metals Inc. (TSX:TMQ) (NYSE:TMQ), will grace the boards of the Toronto Stock Exchange and NYSE-MKT.
NovaCopper shares under the previous symbol, NCQ, will seamlessly transition to Trilogy Metals shares, requiring no action for current shareholders.
Transition to Trilogy
Spun out of Novagold Resources Ltd. in 2012 to continue the exploration of Arctic and Bornite, two of the highest grade un-mined copper deposits in the world, NovaCopper was a natural choice for the Ambler mining district focused exploration company.
In the months leading up to the formation of NovaCopper, Van Nieuwenhuyse, who was then president and CEO of Novagold, forged a partnership with NANA Regional Corp. that brought together a large package of Novagold-owned mining claims blanketing a 70-mile- (110 kilometer) long belt of high-grade copper-lead-zinc-gold-silver deposits with an adjacent package of NANA-owned lands known for hosting exceptionally high-grade copper.
The alliance provides the Inupiat-owned Alaska Native regional corporation with the opportunity to benefit from the exploration and eventual development of the world-class Arctic deposit and other similar volcanogenic massive sulfide prospects across the Ambler belt. In return, NovaCopper was given the opportunity to investigate Bornite, a copper-rich deposit situated about 16 miles (26 kilometers) southwest of Arctic, and explore other mineral prospects across a large highly prospective swath of NANA lands in the Upper Kobuk region.
Over the ensuing four years, the partnership and the mineral endowment found on the 353,000 acres of UKMP lands has grown.
Today, the Arctic and Bornite deposits together are believed to host roughly 8.4 billion pounds of copper; 2.6 billion lbs. of zinc; 610,000 oz. of gold; 45.3 million oz. of silver; as well as significant quantities of lead and cobalt.
It is the natural diversity this broad range of metals – especially the zinc and precious metals components of Arctic, the UKMP deposit nearest to a production decision – that prompted the transition to the new name of Trilogy Metals.
Arctic focus
Over the past two years, the rebranded company has focused its field work on gathering the last bits of information needed to complete a pre-feasibility study that will outline plans to develop an open pit mine at Arctic.
A roughly 3,000-meter drill program at Arctic was the biggest ticket item of this year’s field program.
Prior to a similar infill drill program completed last year, Arctic hosted 23.85 million metric tons of indicated resource averaging 3.26 percent (1.71 billion lbs.) copper, 4.45 percent (2.34 billion lbs.) zinc, 0.76 percent (400 million lbs.) lead, 0.71 grams per metric ton (550,000 oz.) gold, and 53.2 g/t (40.8 million oz.) silver.
This VMS deposit also contains an estimated 3.63 million metric tons of inferred resource averaging 3.22 percent (239 million lbs.) copper, 3.84 percent (285 million lbs.) zinc, 0.58 percent (43.2 million lbs.) lead and 0.59 g/t (60,000 oz.) gold.
“What is so spectacular about Arctic is it hosts really fantastic grades,” said Van Nieuwenhuyse.
Drilling over the past two seasons has focused on upgrading much of the inferred resources to the higher confidence measured and indicated categories; some pit expansion drilling; and holes targeted to collect pit slope stability, hydrology and metallurgical information.
Thanks in part to great weather at Arctic this year, the 2016 program came in under the US$5.5 million budgeted for the field work.
Trilogy Metals is expected to release results from this drilling and the other field work in October.
Advancing Ambler
When Trilogy Metals returns to the Ambler district in 2017, the company plans to complete the geotechnical work needed to further refine locations for a power plant, mill, waste rock pile, stockpiles and tailings facilities for the Arctic mine plan to be detailed in the prefeasibility study.
The renamed company also would like to resume drilling at Bornite, a copper-rich carbonate replacement deposit that is reminiscent of those found in the African Copper Belt of southern Africa and the Mt. Isa district of Queensland, Australia.
Using a 0.50 percent copper cutoff grade, Bornite now hosts an estimated 40.5 million metric tons of in-pit indicated resources averaging 1.02 percent (913 million pounds) copper; and 84.1 million metric tons of inferred resources averaging 0.95 percent (1.8 billion lbs.) copper.
Additionally, at a 1.50 percent copper cutoff grade, Bornite is estimated to contain 57.8 million metric tons of below-pit inferred resources averaging 2.89 percent (3.7 billion lbs.) copper.
While already world-class in terms of both size and grade, the various zones of Bornite are open to expansion in several directions. The most compelling area is a 1,000-meter-wide stretch of continuing high grades along the northern front.
Hole RC13-0220, the most northeasterly hole drilled at Bornite cut three very high-grade intervals from 877 to 923 meters (at a 2.0 percent cutoff): 5.9 meters of 6.66 percent copper; 9.9 meters of 2.48 percent copper; and 19.7 meters of 2.24 percent copper.
Hole RC13-0224, drilled about 800 meters west of hole 220, cut five high-grade intercepts from 579 meters to 755 meters along this northern front: 19.5 meters of 3.02 percent copper; 16.8 meters of 2.36 percent copper; 39.5 meters of 2.37 percent copper; 8.6 meters of 3.26 percent copper; and 6.5 meters of 7.7 percent copper.
Trilogy believes that continued expansion in this direction could put the grades and size of its Ambler deposits on par with Mount Isa, where more than 400 million metric tons of ore grading 2.12 percent copper has been mined over the past 75 years.
Financial footing
An innovative financing completed last year puts Trilogy Metals in a good position to finish the pre-feasibility work at Arctic and continue exploration at Bornite.
In mid-2015, the company closed the buyout of Sunward Resources Ltd., a fellow exploration company with roughly US$20 million in the bank but a market cap hovering around US$13 million.
In exchange for the cash and Sunward’s Titiribi gold-copper project in Columbia, NovaCopper issued 43.1 million shares to Sunward shareholders.
When Trilogy Metals lights up the boards of the TSX and NYSE-MKT exchanges, it will have nearly US$10 million of this cash remaining in its treasury.
Adding to this strong financial footing, the company cut a deal in mid-August to sell the Titiribi property to Brazil Resources Inc., an exploration company with a growing portfolio of gold and copper properties in South America and Alaska.
In exchange for the Columbia gold-copper property, Trilogy will hold 5 million Brazil Resources shares. With a 50-day moving average of C$2.60 per share, these shares are currently worth about C$13 million.
“While we believe the Titiribi property has excellent exploration potential and a strong local team, the sale allows NovaCopper (Trilogy) to focus on its high-grade copper, zinc and precious metals projects located in Northwest Alaska,” said Van Nieuwenhuyse.
Connect with Trilogy Metals Inc. (TSX:TMQ) (NYSE:TMQ) to receive an Investor Presentation.

Hot Chili Limited

Interactive 3D Corporate Presentation

Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to confirm the release of the Company’s first 3-dimensional (3D) corporate presentation.

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Fuse Minerals Report High Grade Copper, Lead and Silver Results on the Edge of the Patterson Province

Sydney, Australia (ABN Newswire) - Fuse Minerals Pty Ltd is pleased to provide the results of its target validating field program completed in late 2022 on the Mt Sydney Project located on the margin of the Pilbara Craton and Paterson Province in Western Australia, and directly adjacent to Cyprium Metals Limited (ASX:CYM) Nifty Project- the sixth ranked copper development project in Australia.

Highlights

- Assay results confirm historic, high-grade base metal rock chip sampling, delivering up to 21.1% Copper (Cu), 27.2% Lead (Pb), 0.43% Zinc (Zn) and 640 g/t Silver (Ag)

- Reconnaissance of VTEM-02 has identified two new gossanous areas with the potential to host VHMS style mineralisation.

- Another gossanous sample on the western side of the Antiform Gabbro has returned 6.07% Cu & 0.15% Ni.

- Base metal anomalous rock chips are associated with limestones and correlate with conductor VTEM-12.

- Multiple areas of polymetallic base metal bearing quartz veining have been identified across the project area.

- Lead bearing breccia and polymetallic veining has been identified in the north of the tenement.

- Fuse Minerals is seeking to raise capital via an IPO on the ASX that will be used to fund a multi-phase exploration program over Mt Sydney.

The helicopter supported work set out to field check a combination of prioritised VTEM conductors and areas of base metal mineralisation indicated in historical exploration results. A total of 26 sites were visited in the field and 262 rock chip samples were collected.

Some spectacular grade rock chip assays have been received, and base metal gossans (Figure 3*) aligned with the 1.2km long VTEM-02 conductor anomaly have been confirmed. Standout assays from the reconnaissance program include:

Antiform Gabbro (west side)

91 g/t Ag, 6.07% Cu, 0.15% Ni, 4.56% Pb, 0.33% S, 0.17% Zn

Wounded Knee (north)

74 g/t Ag, 2.37% Cu, 27.2% Pb, 0.53% S, 0.02% Zn
79 g/t Ag, 3.61% Cu, 4.28% Pb, 1.18% S, 0.02% Zn
130 g/t Ag, 12.85% Cu, 9.52% Pb, 1.10% S, 0.01% Zn
130 g/t Ag, 12.95% Cu, 2.81% Pb, 0.64% S, 0.18% Zn
410 g/t Ag, 2.60% Cu, 2.91% Pb, 0.07% S, 0.01% Zn
160 g/t Ag, 9.33% Cu, 6.82% Pb, 1.54% S, 0.05% Zn
640 g/t Ag, 21.1% Cu, 26.0% Pb, 6.60% S, 0.02% Zn
420 g/t Ag, 7.73% Cu, 19.8% Pb, 2.23% S, 0.07% Zn
14 g/t Ag, 1.56% Cu, 0.24% Pb, 0.10% S, 0.03% Zn

AOI-04

230 g/t Ag, 2.70% Cu, 9.88% Pb, 0.52% S, 0.00% Zn

VTEM-02 Gossan (north) outcropping over 200m of strike

0.25% Zn, 0.10% S, 0.13 g/t Ag, 0.01% Cu, 0.01% Pb, 5.01% Mn
0.43% Zn, 0.14% S, 0.19 g/t Ag, 0.02% Cu, 0.01% Pb, 4.48% Mn
0.12% Zn, 0.19% S, 0.14 g/t Ag, 0.01% Cu, 0.02% Pb, 0.15% Mn
0.28% Zn, 0.07% S, 0.15 g/t Ag, 0.01% Cu, 0.02% Pb, 3.64% Mn
0.22% Zn, 0.11% S, 0.16 g/t Ag, 0.01% Cu, 0.02% Pb, 3.18% Mn
0.30% Zn, 0.03% S, 4.8 g/t Ag, 0.07% Cu, 0.11% Pb, 1.37% Mn

Along the western side of the Antiform Gabbro, within the rocks intruded by the gabbro, a gossanous sample has confirmed the presence of both copper and nickel, with an assay of 6.07% Cu & 0.15% Ni (Figure 4*). This result provides some support to the hypothesis that the project area shows characteristics supportive for magmatic sulphide styles of mineralisation (Western Australian examples include Julimar, Nebo-Babel, and Nova-Bollinger). Geophysical support includes coincident conductance and magnetic response in part of the gabbro (blue area on Figure 4*).

Wounded Knee is an area identified by previous gold prospectors. The recent field visit confirmed a small drill program previously completed by Northern Manganese is located about 500m away from an area of quartz and polymetallic mineralisation grading up to 21.1% Cu, 27.2% Pb, 0.43% Zn and 640 g/t Ag (Figure 1*). This mineralised area, associated with quartz veining, extends over 200m and has never been drill tested.

Reconnaissance of VTEM-02 identified two gossanous areas located proximal to the up-dip projection of the conductor models. The northern gossan (two parallel bands within silica-sericite altered volcanic rocks) includes clear boxwork textures (Figure 3*), which suggest the weathering out of sulphides and associated grade depletion near surface. The consistent Zinc response (0.12% to 0.43% Zn) over >200m at surface with the presence of silver, copper and lead in the assays, is encouraging for a Volcanic Hosted Massive Sulphide (VHMS) style of mineralisation.

The VTEM-02 conductance extends over ~1.2km of strike and aligned with the southern up dip projection is a second smaller area of gossanous outcrop (VTEM-12 south) where the amount of copper in the gossan increases (to 0.11% Cu). Supporting the potential for significant copper-lead-zincsilver VHMS mineralisation associated with the entire conductor down dip.

On the western side of the tenement the VTEM-12 conductor is located below an area of limestones and volcanics. Multiple iron gossan samples have returned elevated base metal responses in areas of outcrop extending over 600m, with assays in the range of 100's to 1,000's of ppm base metals in iron and manganese bearing gossanous surface deposits. Conductor modelling suggests the conductive response is located 80-100m below surface with a strike extent of 2.2km. Some samples of the volcanics show clasts that have weathered to iron oxide likely after sulphides.

In the far north of the tenement, reconnaissance of the VTEM-16 area has identified a polymetallic breccia and polymetallic veining with assays up to 0.66% Cu+Pb+Zn. The mineralisation is hosted within rhyolite volcanics and indicates significant potential in the virtually untouched northern half of the project.

Various other areas visited (or identified as targets that are yet to be field checked) show encouraging signs for mineralisation warranting further exploration.

Next steps

In early November, the Company issued a request to assess the need to complete heritage surveys to develop access tracks and clearing required to enable the Company to drill test the most prospective targets. We will update investors on the outcome of this assessment in due course.

Based on the very encouraging results delivered from the recent two-week reconnaissance program, Fuse Minerals is seeking to raise capital via an Initial Public Offer (IPO) on the Australian Securities Exchange (ASX) that will be used to fund a multi-phase exploration program aimed at achieving significant deposit scale discoveries. We will keep investors updated with these exciting developments.

About the Mt Sydney Project

Fortuitously located in Western Australia between the world class Woodie Woodie Manganese Mine and Nifty Copper Mine on the western edge of the Paterson Province. The tenure has been secured in front of Rio Tinto and Fortescue Metals Group and features a significant land holding of 454km2 under a single Exploration Licence.

There has been significant lack of exploration activity across the project area, with just 1,106m of drilling completed historically. Despite this there has been consistent indicators of base metals potential, such as historic rock chips as high as 34.8% Cu, 1.6g/t Au, 1,000g/t Ag, 15.9% Pb, 0.6% Zn and 213ppm Mo. Work to date indicates epithermal vein hosted and Volcanic Hosted Massive Sulphide mineralisation potential.

The Fuse Minerals team, in applying a mineral systems approach to assessing the tenure have identified the potential for the area to host Magmatic Copper-Nickel Sulphide Mineralisation. Recent deep seismic survey running from Marble Bar in the west across the north of the tenure and east beyond the Telfer Copper-Gold Mine, identifies the Gingarrigan Creek Detachment; a major crustal scale pathway for mantle fluids, which is connected to surface on the tenure by splay faults such as the Barramine and Antiform Faults. Between these faults are a number of mafic intrusive bodies with signs of copper and nickel mineralisation. Example deposits include Julimar, Nebo-Babel, and Nova Bollinger.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/6AKOXHOX

About Fuse Minerals Pty Ltd: Founded by a group of experienced geologists and corporate executives, Fuse Minerals has 100%-ownership of the Mt Sydney Project, covering a significant landholding of 454 km2 in an area prospective for base metals on the edge of the Pilbara Craton and Paterson Province in Western Australia.



Source:
Fuse Minerals Pty Ltd

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Teck Investment Helps Protect 75,000 Hectares of BC's Incomappleux Valley

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") today announced it has contributed $2 million towards the conservation and protection of 75,000 hectares of globally rare inland temperate rainforest in the Incomappleux Valley in southeastern British Columbia as part of its goal to be a nature positive company by 2030.

"Teck's contribution to the Nature Conservancy of Canada's work through projects like Incomappleux Valley will help us accelerate the pace and scale of conservation in British Columbia. We applaud their commitment to taking real and measurable action to become a nature positive company by the end of the decade," said Catherine Grenier, President and CEO, Nature Conservancy of Canada. "When we work together with Indigenous communities, governments, industry and private citizens, we can achieve great results for nature."

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Trilogy Metals Announces Additional Results from the 2022 Drill Program at the Arctic Project in Alaska

Multiple Intercepts of High-Grade Polymetallic Mineralization, Including 8.24 Meters with a Copper Equivalent Grade of 8.8%

Update on Ambler Access Project

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Teck to Present at TD Securities Mining Conference

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") Chief Executive Officer Jonathan Price will be participating in a fireside chat at the TD Securities Mining Conference on Thursday, January 26, 2023 at 8:50 a.m. Eastern5:50 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units.

The presentation will be webcast through the following link at: https://www.veracast.com/webcasts/tds/mining2023/O7v66l.cfm .

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Ivanhoe Mines to Release Kamoa-Kakula 2023 Integrated Development Plan and 2023 Cash Cost Guidance on Monday, January 30

Company-wide capital expenditure guidance for 2023 and 2024 to be released on Tuesday, January 31

Investor conference call discussing 2023 Integrated Development Plan to be held on Tuesday, January 31

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