Base Metals

Xander Resources Acquires 100 Claims West of CNC's Crawford Project

Xander Resources Acquires 100 Claims West of CNC's Crawford Project

Xander Resources Inc. ("Xander" or the "Company") (TSXV: XND) (OTCQB: XNDRF) (FSX: 1XI) is pleased to announce that it has entered into an option agreement (the " Option ") to acquire (the " Acquisition ") 100% interest in certain 100 mineral claims (the " Claims " and the " Property ") located in Timmins, Ontario .

The property consists of 100 separate mineral claim blocks comprising over 21 square kilometres that are located contiguous to the west of the Company's existing Timmins North claims. Historical work at the property includes airborne geophysical survey work (Geotech's helicopter-borne VTEM (versatile time domain electromagnetic)) which has delineated six (6) drill targets in line with the existing high-priority electromagnetic anomalies within the property (often indicative of sulphide mineralization) and numerous major and minor structures.

With the acquisition of these claims, the Company's Timmins North Block now consists of 336 claims that are not only near Canada Nickel Company's (CNC) Crawford Project, where CNC has completed a preliminary economic assessment only 20 months after the commencement of exploration drilling that indicates 25-year mine with an after-tax NPV 8% of $1.2 billion , but also adjacent and along trend with CNC's recently identified Reid Discovery which has already through early exploration delineated a mineralized footprint 90% as large as Crawford.

The company's plan over the coming months is to build on the geophysical work completed through further geophysical mapping and interpretation, sampling, and other techniques in order to launch a comprehensive drill program following its upcoming near-term drill program on the prior optioned claims comprising the North Block.

Deepak Varshney , Xander CEO, said, "We are very pleased to have been able to add these claims to our portfolio. Our goal is to build a significant nickel footprint in this district and acquiring these claims, particularly in light of the recent large-scale discovery by CNC at its Reid property, will help us successfully move forward with that objective."

Figure 1 - Location of Xander's Claims in the Timmins Camp (CNW Group/Xander Resources Inc.)

The Transaction

Pursuant to the Agreement, the Company will grant to the Vendors a 3% net smelter returns royalty and will provide the following commitments to the Vendors, or its assigns to earn an undivided 100% interest in the Property:

      1. $50,000 cash to the Vendor upon the execution date of the Agreement or as soon as practicable thereafter;
      2. 9,000,000 common shares of the Company (the " Shares ") to be issued to the Vendors at a deemed price of $0.035 per Share within five days of Exchange approval to the transaction;
      3. A further $100,000 to the Vendor or its assigns on or before 6 months from the execution date of the Agreement, in cash and/or Shares, at the election of the Company, at a deemed value according to the greater of the 10-day volume-weighted average price (" VWAP ") or discounted market;
      4. A further $100,000 to the Vendor or its assigns on or before 12 months from the execution date of the Agreement, in cash and/or Shares, at the election of the Company, at a deemed value according to the greater of 10-day VWAP or discounted market price;
      5. A further $100,000 to the Vendor or its assigns on or before 18 months from the execution date of the Agreement, in cash and/or Shares, at the election of the Company, at a deemed value according to the greater of 10-day VWAP or discounted market price;
      6. A further $100,000 to the Vendor or its assigns on or before 24 months from the execution date of the Agreement, in cash and/or Shares, at the election of the Company, at a deemed value according to the greater of 10-day VWAP or discounted market price.

The Company has agreed to incur not less than $500,000 of qualified exploration expenditures, including 1,500 metres of diamond drilling on the Property within two (2) years of the Closing Date, of which not less than $50,000 will be incurred within one (1) year following the Closing Date. Up to a maximum of $400,000 of exploration expenditures may be satisfied through payments of cash or stock at the election of the Company.

The Acquisition and transactions contemplated, including the issuance of the Shares, are subject to the final approval of the Exchange. The Shares will be subject to the applicable hold periods in accordance with securities laws in Canada and the Exchange policies.

Qualified Person

The technical content of this news release has been reviewed and approved by Mr. Andrew Tims , P.Geo., a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects (" NI 43-101 ").

Xander Resources Inc. is a Canadian mineral acquisition and exploration company based in Vancouver, BC , Canada focused on developing accretive gold and battery metal properties within Canada . The company currently has a focus on projects located within the Provinces of Ontario and Quebec.

Xander is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in Val-d'Or, Quebec , including the Senneville Claim Group which comprises over 100 sq. km and is contiguous in the south to Probe Metals' new discovery, and contiguous in the north to Monarch Mining, in close proximity to Eldorado Gold's (formerly QMX Gold) projects, and east of the North American Lithium Deposit, Great Thunder Gold's Chubb Lithium property and East of the Sayona Quebec's Authier Lithium Deposit, all in the Val-d'Or Mining Camp, plus its newly acquired nickel-sulphide project in Timmins, Ontario near Canada Nickel's MacDiarmid and Crawford Projects.

We seek Safe Harbor

ON BEHALF OF THE BOARD OF DIRECTORS

Deepak Varshney , P.Geo., President and CEO

For more information, please email ir@xanderresources.ca , or visit www.xanderresources.ca .

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.

Forward-looking statements:
This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.

The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Xander Resources Inc. Logo (CNW Group/Xander Resources Inc.)

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Xander Resources (TSXV:XND)

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Xander Resources Closes $1,304,575 of Non-Brokered Private Placements

Xander Resources Closes $1,304,575 of Non-Brokered Private Placements

(TheNewswire)

Xander Resources Inc.

Vancouver, British Columbia December 22, 2022 Xander Resources Inc. ("Xander" or the "Company") (TSXV:XND) (OTC:XNDRF) (FSX:1XI), a North American mineral acquisition and exploration company focused on the development of drill-ready battery and precious metal projects, is pleased to announce that, further to its news releases of November 17, 2022 and December 19, 2022, and subject to the final approval of the TSX Venture Exchange (the " Exchange "), it has raised aggregate gross proceeds of $1,304,575.03 through the issuance of the following non-brokered private placements (the " Private Placement s"):

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Xander Resources Announces Additional Non-Brokered Private Placement and Increase in Private Placement

Xander Resources Announces Additional Non-Brokered Private Placement and Increase in Private Placement

(TheNewswire)

Xander Resources Inc.

Xander Resources Inc. ("Xander" or the "Company") (TSXV:XND) (OTC:XNDRF) (FSX:1XI), a North American mineral acquisition and exploration company focused on the development of drill-ready battery and precious metal projects, is pleased to announce that, further to its news release of November 17, 2022, wherein the Company announced that it is proceeding with a non-brokered private placement (the " Private Placement ") raising up to $600,000 through the issuance of up to 17,142,857 flow-through units (the " FT Units ") at a price of $0.035 per FT Unit, it has increased the Private Placement to up to a total of $650,000 from the previously announced $600,000. All other aspects of the Private Placement remain the same as disclosed in the November 17 th news release

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Xander Resources Commences Maiden Drilling Program at the Timmins Nickel Project

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(TheNewswire)

Xander Resources Inc.

Xander Resources Inc. ("Xander" or the "Company") (TSXV: XND) (OTCQB: XNDRF) (FSX: 1XI) a North American mineral acquisition and exploration company focused on the development of drill-ready battery and precious metal projects, is pleased to announce that it has commenced drilling at its Timmins Nickel Project (the "Project") in located in Timmins, Ontario

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Xander Resources Begins Exploration Work at the Timmins Nickel Project, Announces Non-Brokered Private Placement and Closing of Acquisition of Claims West of CNC's Crawford Project

Xander Resources Begins Exploration Work at the Timmins Nickel Project, Announces Non-Brokered Private Placement and Closing of Acquisition of Claims West of CNC's Crawford Project

(TheNewswire)

Xander Resources Inc.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

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Xander Resources Engages Drill Contractor for Timmins Nickel Project

Xander Resources Engages Drill Contractor for Timmins Nickel Project

(TheNewswire)

Xander Resources Inc.

Vancouver, British Columbia TheNewswire - November 9, 2022 Xander Resources Inc. ("Xander" or the "Company") (TSXV:XND) (OTC:XNDRF) (FSX:1XI) is pleased to announce that it has engaged the services of Forage DCB Drilling of Rouyn-Noranda ("DCB") to complete the near-term drill program at its Timmins Nickel Project (the " Property ") located in Timmins, Ontario.

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American Copper Development to Commence Trading on the OTCQB Venture Market Under Symbol "ACDXF"

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American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDC" or the "‎‎Company") is pleased to announce that effective February 2, 2023, the Company's common shares will commence trading on the OTCQB Venture Market (the "OTCQB") in the United States, under the symbol "ACDXF". The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York and is the premiere marketplace for growth and developing U.S. and international companies. Participating companies must be current in their reporting and undergo an annual verification and management certification process.

Daniel Schieber, CEO of American Copper, comments, "America needs copper, a lot of copper in order to achieve its clean energy goals. It is only fitting for our US focused copper company to be open to the American investing public. So we welcome all our future ACDXF shareholders. For those about to invest - we salute you! Let's Rock!"

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Inomin Secures Beaver Discovery Team

Inomin Secures Beaver Discovery Team

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John Gomez, President of MINE comments, "We're happy we have been able to secure the same drilling company that we worked with to make our inaugural big discoveries at Beaver. Our team is excited to build on our successful exploration programs and test multiple, large, mineral footprints. We also look forward to completing first-ever drilling at Lynx that has even larger targets."

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Emerita Intersects 24.3 Meters Grading 5.1% Zinc, 2.0% Lead, 0.2% Copper, 1.16 g/t Gold and 100.5 g/t Silver, Including 7.1 Meters Grading 12.4% Zinc, 3.1% Lead, 0.2% Copper, 0.80 g/t Gold And 67.7 g/t Silver at La Romanera Deposit

Emerita Intersects 24.3 Meters Grading 5.1% Zinc, 2.0% Lead, 0.2% Copper, 1.16 g/t Gold and 100.5 g/t Silver, Including 7.1 Meters Grading 12.4% Zinc, 3.1% Lead, 0.2% Copper, 0.80 g/t Gold And 67.7 g/t Silver at La Romanera Deposit

Emerita Resources Corp. (TSX V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") is pleased to announce assay results from 12 additional drill holes from the 2022 - 2023 delineation drilling program at La Romanera Deposit at its wholly owned Iberian Belt West project ("IBW" or the "Project"). IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth.

Assay results have been received for the following 12 drill holes: LR036B, LR042B, LR049, LR051, LR053, LR058, LR064, LR065, LR066, LR077, LR082 and LR086) at La Romanera deposit reported below. These holes intersected the western and center part of the deposit between -50 and -300 m elevation. This area is characterized by massive sulfides comprising sphalerite, galena and chalcopyrite within a massive pyrite gangue. A number of these holes are on the western edge of the deposit as it has been drilled to date and near the limit of the high grade sulphide mineralization, however, the extent of the deposit further to the west remains open. The massive sulphides persist along the west side of the deposit but are higher in pyrite and lower in base metals generally. It will be necessary to step out further west in future as deposits in the Iberia Pyrite Belt commonly have pyritic zones adjacent to higher grade sulphides. Gold and silver grades are locally enriched in this portion of the deposit, precious metals enrichment appears to correlate with a stockwork type mineralization such as in hole LR082 with elevated copper grades. Thickness in both the Upper and Lower Lenses locally exceed 10 meters in some intercepts. Figure 1 shows a plan map with the hole locations. Figures 2 and 3 are vertical longitudinal sections of the Upper Lens and Lower Lens, respectively, showing the position of the pierce points on the vertical projection. Table 1 provides a complete list of the drill hole data included in this news release.

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WESTERN COPPER AND GOLD'S CASINO PROJECT TO HAVE SIGNIFICANT IMPACT ON YUKON'S ECONOMY

WESTERN COPPER AND GOLD'S CASINO PROJECT TO HAVE SIGNIFICANT IMPACT ON YUKON'S ECONOMY

Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce the results of an updated study on the potential economic impact of the development of its wholly owned Casino Copper-Gold Project ("Casino" or the "Project") on the Yukon and Canada recently completed by MNP LLP (the "Report").

Western Copper And Gold logo (CNW Group/Western Copper and Gold Corporation)

The Report incorporates the results from the Casino Feasibility Study dated August 8, 2022 .

The Report highlights the impressive cumulative economic effect that developing Casino will have on the Yukon and Canada during the project's construction, operation, closure, and reclamation. The Casino project is estimated to contribute $44.3 billion to Canada's Gross Domestic Product ("GDP"), create 132,280 full-time equivalent positions ("FTE"), and generate $12.8 billion in wages and salaries over the entire life of the Project. Note that the use of FTEs is a method to account for partial employment or employment for different durations and 1.0 FTE is equivalent to a full-time job for one year of employment.

The Report estimates the GDP generated in Yukon by the construction of Casino at $1.7 billion . The construction phase is estimated to contribute $3.6 billion to Canada's economy while generating 25,580 FTEs resulting in $2.1 billion in wages and salaries across Canada .

During each of its 27 years of operation, the Casino Project is expected to contribute $1.3 billion to Yukon's economy. Operation of the mine is estimated to contribute $1.5 billion to Canada's GDP annually while creating 3,880 FTEs and generating $391 million in wages and salaries across Canada .

The Casino Project is also expected to generate $11.2 billion in taxes and royalties to various governments during the life of mine.

"The Casino Project is one of the most significant critical minerals projects in Canada and in addition to providing much needed minerals to assist the energy transition will provide great economic benefit to the Yukon and Canada ," said Dr. Paul West-Sells , President and CEO of Western. "Additionally, the Casino project will provide additional benefits such as training, education, and infrastructure enhancements, which will benefit the Yukon over the longer term. Importantly, we can do this while developing the Casino Project in a way that reflects Yukoners environmental and socio-cultural values."

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.

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SOURCE Western Copper and Gold Corporation

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Getchell Gold Corp. Files Technical Report for the Mineral Resource Estimate at Fondaway Canyon, NV

Getchell Gold Corp. Files Technical Report for the Mineral Resource Estimate at Fondaway Canyon, NV

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announce the filing of the Mineral Resource Estimate ("MRE") technical report for the Fondaway Canyon project in Churchill County, Nevada. The MRE conceptualizes potential open pit and underground mining.

Mineral Resource Estimate Key Highlights

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Slave Lake Zinc Acquires Significant Historic Database for O'Connor Lake Critical Metals Project

Slave Lake Zinc Acquires Significant Historic Database for O'Connor Lake Critical Metals Project

Slave Lake Zinc Corp. (CSE: SLZ) (the "Company"): has recently acquired a significant database of historic (pre-1952) information pertaining to the O'Connor Lake zinc-lead-copper-silver -gold critical metals project. The Company is currently analyzing the new files and applying a modern exploration interpretation to them. The objective is to merge these new results with exploration results already generated by Slave Lake. The Company will use these combined results to coordinate the next phase of exploration consisting of geologic mapping and sampling, prospecting, and detailed geophysical surveys and to prioritize drill targets.

Slave Lake has recently reviewed our modern data with the Company's Geological consultants and a detailed interpretation of the lease portion of the 900-plus line kilometer airborne survey conducted earlier has been developed for follow up. The follow up interpretation contained within this small area to the south-west and parallel to the old head frame area has identified multiple new geophysical anomalies parallel to the main structural zone that was historically being developed prior to 1952. One strong new target is present southwest of the main zone and lies under water immediately offshore. Prior to application of modern exploration surveys this target would not be detected. Slave Lake will now conduct a detailed ground geophysical survey to define the target for drill testing. This survey work will utilize the ice cover on the lake to properly map the anomaly.

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