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Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (‘Skyharbour’ or the ‘Company’), is pleased to announce that its partner company, North Shore Uranium (‘North Shore’), has provided an update on its Falcon property (‘Falcon’) regarding the prioritization of target generation efforts. Falcon is located at the eastern margin of the Athabasca Basin in northern Saskatchewan. In its September 17, 2024, October 10, 2024, and November 13, 2024 news releases, North Shore summarized work being done at the West Bear and Falcon properties with three priority areas established at Falcon, Zones 1, 2 and 3. North Shore may acquire an initial 80% interest in Falcon by issuing common shares having an aggregate value of CAD $1,225,000, making aggregate cash payments of $525,000 to Skyharbour, and incurring an aggregate of $3,550,000 in exploration expenditures on the property over a three-year period.

Location Map of Falcon Project:  
https://skyharbourltd.com/_resources/maps/Sky-SouthFalconOption.jpg?v=0.1

To date, North Shore has identified 36 uranium targets at Falcon. The targets are associated with electromagnetic (‘EM’) conductor anomalies and have been selected based on the analysis and interpretation of multiple datasets by North Shore and its consultants. As reported on May 16, 2024, North Shore discovered near-surface uranium mineralization at P03 and P08 at two of these targets, FA033 and FA006, respectively, in an area that had never seen drilling. North Shore believes that these new uranium occurrences could be part of a new trend of uranium mineralization that could extend to the south-southwest and to the west-northwest. North Shores near-term focus is to assess the potential for an economic uranium deposit in this area by evaluating priority near-surface EM targets in the South Priority Area at the eastern end of Zone 1 and the South Walker area at the southern end of Zone 2.

Falcon is located approximately 30 km east of the active Key Lake uranium mill and former mine at the eastern margin of the Athabasca Basin in Saskatchewan. The mill processes uranium ore from the McArthur River Mine, one of two producing uranium mines in Canada. Between 1983 and 2002, Key Lake Mine produced a total of 209.9 million lbs. of U 3 O 8 at an average grade of over 2.0%. The uranium discovery potential at Falcon is significant and includes shallow basement-hosted unconformity-style and pegmatite-hosted mineralization. The Property has seen limited modern exploration programs and there are a number of unexplained uranium occurrences. Terra Clean Energy Corp. (CSE: TCEC) is currently conducting a drill program at its Falcon East Uranium project which lies directly east of Falcon.

Map Showing Falcon Exploration Targets and Priority Zones:  
https://www.skyharbourltd.com/_resources/images/Map-showing-Falcon-exploration-targets-and-priority-zones-2.jpg

Mr. Brooke Clements, President and CEO of North Shore stated: ‘ We believe that Saskatchewan’s Athabasca Basin is the best jurisdiction in the world for uranium exploration and development.   In the last few years, the region has seen an unprecedented level of claim staking and exploration activity. We have a great pipeline of uranium targets at Falcon with the potential to host a significant near-surface uranium deposit. Our near-term focus is to evaluate targets at the south end of the Property within a trend associated with the new uranium discoveries we made in 2024.’

South Priority Area:

Within Zone 1, the South Priority Area includes the three km long NNE-trending conductor/structural zone where uranium was discovered by North Shore in drill holes P03 and P08. As reported on May 16, 2024, at P03, a zone from 196.6 to 209.0m included an interpreted brittle fault zone with graphite-rich fault gouge and two samples that returned 345 and 378 ppm U 3 O 8 . At P08, a 4.7 m interval between 42.3-47.0m returned 316 ppm U 3 O 8 including one sample with 572 ppm U 3 O 8 . Also, at P08, a brittle, altered pegmatitic and graphitic fault zone with elevated U 3 O 8 values up to 50 ppm was intersected between 102.3-105.5m, the modelled depth of the EM conductor.

South Priority Area Discovered by North Shore in 2024 at Targets P03 and P08:  
https://www.skyharbourltd.com/_resources/images/South-Priority-Area-where-uranium-mineralization-was-discovered-in-2024-at-drill-targets-P03-and-P08.jpg

Within the potential mineralized trend, targets FA003 and FA004 offer the potential to extend the occurrence of mineralization along the conductor system. At FA003 the EM conductor system and an associated magnetic low are disrupted and the system splits, with one arm going to the northeast, the other to the north-northeast. In addition, there is a gravity low anomaly which can be an expression of alteration that could be associated with uranium mineralization. At target FA004, which is 1.5 km north of FA003, the conductor is offset near the intersection of two interpreted crosscutting faults.

Target FA003 With Gravity Background, Zone 1:  
https://www.skyharbourltd.com/_resources/images/Target-FA003-with-gravity-background-Zone-1.jpg

Approximately two km south of FA003 target FA002 is defined by two strong parallel EM conductors and a parallel magnetic low. The target zone is intersected by an interpreted northwest-trending fault. In addition, just to the southeast of the target there is a strong uranium anomaly defined by the 2022 airborne radiometric survey.

Located approximately five km south of the Fraser Lakes B deposit, target FA005 is defined by a strong EM signature that is intersected by an interpreted north-south fault.

Target FA002 With Magnetics Background, Zone 1:  
https://www.skyharbourltd.com/_resources/images/Target-FA002-with-magnetics-background-Zone-1.jpg

South Walker Area:

Due to the presence of a strong northeast-trending EM conductor system, the South Walker Area has been the focus of exploration programs in the past. In 1979, Brinex Ltd. drilled three holes. In 2008, JNR Resources drilled six holes in the area. Structure-associated clay and chlorite alteration were reported in several holes and elevated copper, molybdenum, nickel, cobalt and vanadium were encountered in one hole (Sask. Mineral Assessment File 74H02-0045). North Shore intends to test the southern end of the trend. In early 2024, North Shore drilled one hole at target FA0036, P12, but the hole was abandoned at 107.6 m, short of the targeted conductor depth of 125 m owing to unstable ground conditions. Whilst no significant uranium results were returned from North Shore’s drilling at P12, a fault zone with elevated Boron values up to 74 ppm was identified from 10-12 m. The parallel EM conductors within targets FA007 and FA0036 are a priority exploration focus for North Shore. At the P12 location the glacial overburden is only 2.5 m thick.

Summary of the South Walker Area:  
https://www.skyharbourltd.com/_resources/images/Summary-of-the-South-Walker-Area.jpg

The five holes drilled by JNR Resources within target FA010 from four sites in 2008 did not encounter significant mineralization despite the compelling characteristics of the EM conductor. A strong gravity low anomaly was identified by North Shore from the 2022 airborne gravity survey. This anomaly coincides with the EM conductor and an interpreted north-south-trending fault. The geophysics and drilling results are being studied to determine if more drilling to intersect the gravity anomaly is warranted.

Target FA010 With Data From the 2022 Airborne Gravity Survey:  
https://www.skyharbourltd.com/_resources/images/Target-FA010-with-data-from-the-2022-airborne-gravity.jpg

Next Steps:

North Shore will continue prioritizing targets at Falcon in pursuit of maximizing the chances of encountering economic uranium mineralization in its next drill program. As currently planned, that drill program would initially focus on several targets in the South Priority Area of Zone 1 and the South Walker Area of Zone 2. EMIT Maxwell software was used to create subsurface models of interpreted conductors from priority areas in Zones 1 and 2 to optimize placement of drill collars. Additional updates on the Company’s target prioritization efforts will be provided on an ongoing basis.

Falcon Uranium Project:

The Falcon Project, which constitutes part of North Shore’s Falcon Property, contains eleven mineral claims comprising approximately 42,908 hectares approximately 50 km east of the Key Lake mine. Nine of the claims are from Skyharbour’s original South Falcon Uranium Project and the remaining two claims are from Skyharbour’s Foster River Project. Historical uranium mineralization discovered at Falcon is shallow and is hosted in several geological settings including classic Athabasca-style basement mineralization associated with well-developed EM conductors. At the EWA target, up to 0.492% U 3 O 8 and 1,300 ppm lead was encountered in outcrop grab samples (Sask. Mineral Deposits Index [SMDI] 5038). Historical grab sampling at Knob Lake (SMDI 1014) also encountered up to 0.01% U 3 O 8 in an outcrop of pegmatite, while anomalous nickel, copper, and molybdenum were found in historical grab samples from the Fraser North target area (SMDI’s 1125 and 1126).

A well-defined northeast-trending, locally folded, electromagnetic conductor system runs throughout the Property, which was defined by airborne and ground geophysical surveys by JNR Resources (‘JNR’) in the 2000’s. In 2008 JNR conducted a drill campaign at the property area. Of the 47 holes drilled that year, 28 holes (totaling 7,348 metres) were drilled on the South Falcon Uranium Property at the Walker (14 holes), Walker South (7 holes), and EWA target areas (6 holes). At the Walker and South Walker targets, which lie along the aforementioned EM conductor system, structurally disrupted and variably altered metasediments (including graphitic pelitic gneisses) with anomalous boron, copper, molybdenum, nickel, cobalt, arsenic, and vanadium were encountered in several drill holes. During this same drill campaign, the Fraser Lakes Zone B uranium deposit was discovered approximately four kilometres east of the Walker South target on a refolded extension of the EM conductor system. At the EWA target, which lies along a separate northeast-trending EM conductor, anomalous uranium, boron, lead, and molybdenum were encountered in structurally disrupted pegmatites; the best result was 0.235% U 3 O 8 over 0.5 m (within a 3.5 m interval of 0.113% U 3 O 8 ) in hole WYL-08-501 (Sask. Mineral Assessment File 74H02-0045).

Furthermore, in 2022, Skyharbour completed a FALCON® airborne gravity gradiometer and magnetic survey over nine of the eleven claims at the Falcon Property. This new geophysical data will assist North Shore in prioritizing areas along the EM conductor system for drilling. Over 30 kilometres of the EM conductor system remains untested on the Falcon Property. North Shore’s initial focus will be on the two claims formerly part of the Foster Project (geophysics), and on generating drill targets on three claims at the southeastern end of the EM conductor systems including Knob Lake, which shows similarities to the Fraser Lakes Zone B deposit approximately 6 km to the northeast and several other high-priority targets elsewhere along the main EM conductor system.

Significant potential exists on the project for basement-hosted, unconformity-related uranium deposits like those further to the north in the Wollaston Domain (i.e. Eagle Point, Rabbit Lake, Key Lake and others), as well as for pegmatite/granite-hosted (i.e. alaskite-type) U-Th-REE mineralization like at the Fraser Lakes Zone B deposit on Skyharbour’s adjacent South Falcon East Property, currently under option to Tisdale Clean Energy.

The Option Agreement:

North Shore may acquire an initial 80% interest in the Property by issuing common shares of the Resulting Issuer (‘Shares’) having an aggregate value of CAD $1,225,000; making aggregate cash payments of CAD $525,000; and incurring an aggregate of CAD $3,550,000 in exploration expenditures on the Property over a three-year period. Once North Shore has earned an initial 80% interest in the Property, North Shore may acquire the remaining 20% interest in the Property within 90 business days by issuing Shares having a value of CAD $5,000,000, and making a cash payment of CAD $5,000,000 to Skyharbour. If North Shore does not elect to acquire the remaining 20% interest, a joint venture will be formed with Skyharbour holding a 20% participating interest.

North Shore will be the operator of the exploration programs during the earn-in stage and for the joint venture if formed. Two claims totaling 10,673 hectares that form part of Skyharbour’s Foster River Property are subject to a one percent (1%) NSR royalty payable to Skyharbour. The remaining nine claims totaling 32,235 hectares that comprise Skyharbour’s South Falcon Point Property are subject to a two percent (2%) NSR royalty payable to Denison Mines Corp. (‘Denison’) with North Shore having the right to purchase one percent of the royalty from Denison at anytime by paying $1 million. All Shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Serdar Donmez, P.Geo., VP of Exploration for Skyharbour as well as a Qualified Person.

About North Shore Uranium Ltd:

North Shore is a mineral exploration company focused on uranium exploration at the eastern margin of the Athabasca Basin through its Falcon property which will increase from 12,800 to 55,700 hectares with the addition of the claims subject to the Agreement, and the West Bear property located 90 kilometres to the northeast.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-six projects covering over 614,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization in several zones at the Maverick Corridor. Adjacent to the Moore Project is the Russell Lake Uranium Project, in which Skyharbour is operator with joint-venture partner RTEC. The project hosts widespread uranium mineralization in drill intercepts over a large property area with exploration upside potential. The Company is actively advancing these projects through exploration and drilling programs.

Skyharbour also has joint ventures with industry leader Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; CSE-listed Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project. In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $36 million in partner-funded exploration expenditures, over $20 million worth of shares being issued, and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:  
https://www.skyharbourltd.com/_resources/images/SKY_SaskProject_Locator_2024-11-21_v1.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

‘Jordan Trimble’
_________________________________
Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
‎Skyharbour Resources Ltd.
‎Telephone: 604-558-5847
‎Toll Free: 800-567-8181
‎Facsimile: 604-687-3119
‎Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Forward-Looking Information

This news release contains ‘forward‐looking information or statements’ within the meaning of applicable securities laws, which may include, without limitation, completing ongoing and planned work on its projects including drilling and the expected timing of such work programs, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of uranium, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of uranium and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.


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Company: Pinnacle Silver and Gold Corp.

All Issues: Yes

Resumption (ET): 9:30 02/28/2025

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American head of state Donald Trump has directed the US government to explore potential tariffs on copper imports, marking another significant move in his administration’s ongoing trade strategy.

The executive order, signed on Tuesday (February 25), instructs the commerce department to investigate whether imported copper poses a national security risk under Section 232 of the Trade Expansion Act of 1962.

The decision has already triggered a sharp reaction in the global copper market, widening price spreads for the red metal and prompting traders to start rushing shipments to the US.

According to the Globe and Mail, White House trade adviser Peter Navarro said the move is designed to curb China’s expanding copper sector while addressing vulnerabilities in the US supply chain. He emphasized the need to restore domestic mining, smelting and refining of copper, citing military and technological applications.

Despite Trump’s longstanding push for trade balance, the US currently runs a surplus in copper trade. In 2024, the country exported US$11.3 billion worth of copper while importing US$9.6 billion, according to census bureau data.

US officials are arguing that shifting supply and demand forecasts create a national security risk.

Trump has used tariffs extensively as part of his trade policies, previously removing exemptions for 2018 tariffs on steel and aluminum. Most recently, he has threatened neighboring nations — Canada and Mexico — with 25 percent tariffs on all imports. These could take effect as early as next week, although plans have changed multiple times.

The president has also pledged broader tariffs to match rates imposed by other nations, and has targeted industries including automobiles, semiconductors and pharmaceuticals.

Traders seek copper arbitrage opportunities

The announcement about potential copper tariffs has sent US copper prices soaring, leading to an arbitrage opportunity that traders have been quick to exploit. Prices for the metal on New York’s Comex surged as much as 4.9 percent, with copper trading over US$1,000 above the London Metal Exchange (LME) benchmark.

Earlier this month, Comex copper contracts spiked to a US$1,300 premium over LME prices before narrowing to US$600 and then widening again after Trump’s announcement. The investigation into copper could take months to complete, allowing traders more time to move metal into the US without penalties.

Major companies, including Glencore (LSE:GLEN,OTC Pink:GLCNF) and Trafigura Group, have been moving to ship copper to the US market in recent weeks, according to industry sources. While the bulk of their shipments are coming from South America, inquiries have also been made about shipping copper from Asian warehouses tracked by the LME.

The potential tariffs are also reshaping global copper flows, with requests to withdraw copper from LME warehouses in Asia surging by over 93,000 metric tons in recent days, marking the largest four day drawdown since 2013.

The shift is redirecting metal that typically flows to China, the world’s top copper consumer, toward the US market.

The increase in US copper prices is also raising costs for domestic manufacturers, which have paid an average premium of 8 percent over global prices since Trump first floated the idea of copper tariffs in late January.

One challenge for copper importers is that only a limited number of producers are approved for delivery on Comex, with Chinese smelters notably absent from the list. Furthermore, Trump’s existing 10 percent tariff on Chinese goods, implemented earlier this month, has dissuaded some firms from targeting the US market.

While global copper markets brace for uncertainty, companies with assets in the US are looking to capitalize on the government’s efforts to shore up domestic supply. Those include American Pacific Mining (CSE:USGD,OTCQX:USGDF), which believes its two US-based copper projects could play a role in Trump’s copper ambitions.

“The current market dynamics and US policy trends underscore the strategic value of our US-based copper assets. With projects like our Madison Copper-Gold project in Montana and Palmer Copper-Zinc project in Alaska, we are well-positioned to potentially supply the growing domestic demand for copper, a critical metal for the US economy and clean energy transition,” Warwick Smith, CEO of American Pacific, said in a statement.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Helium Evolution Incorporated (TSXV:HEVI)(‘HEVI‘ or the ‘Company‘), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is excited to announce plans for production facilities in the Mankota area, with anticipated production slated for the fourth quarter of 2025. Additionally, the Company is providing preliminary test results from its 5-30-3-8W3 helium discovery well (the “5-30 Well”), located along the Mankota helium fairway. HEVI holds a 20% working interest in the 5-30 Well, in partnership with the operator, North American Helium Inc. (“NAH”).

Looking Ahead to Production

HEVI continues to work closely with NAH to plan the next phase of development in the Mankota area. With four helium discovery wells in close proximity to one another, NAH is actively pursuing the licensing and installation of processing facilities in the area. The size and specifications of the facility will be determined following the final analysis of the 5-30 Well results. It is anticipated that the facilities will be operational in the fourth quarter of 2025, contingent on surface, licensing and installation considerations. HEVI fully supports this initiative, as the establishment of processing facilities is a crucial step in HEVI’s strategy to transition toward commercial helium production.

“We are very excited about moving to production in the Mankota area,” said Greg Robb, CEO of HEVI. “The results thus far are promising, and we are optimistic about our ability to achieve commercial production in the near future. This is a major milestone for our development in the Mankota region. Our ongoing partnership with NAH will be critical as we move towards the installation of processing facilities and scaling up production.”

5-30 Well Preliminary Test Results

Completion, perforation and initial production testing of the 5-30 Well are ongoing. After an extended 5-day flow testing period, the 5-30 Well was producing approximately 9.7 million standard cubic feet per day (“MMscf/d”) at 10,700 kiloPascal (“kPa”) flowing tubing pressure. The preliminary test results also confirmed a helium content of 0.76%, significantly higher than the commercially viable threshold of 0.3%. Furthermore, the 5-30 Well produced negligible water, signaling strong potential for efficient helium recovery and processing.

Following the extended production flow period, the 5-30 Well will be shut in for 14 days to gather reservoir pressure data. This data will be analyzed to further evaluate the resource potential and optimize future development.

Figure 1

Flow Test Results from Select HEVI Wells:

Well Bottom Hole
Pressure
(kPa)
Bottom Hole
Temperature
(°C)
Helium
Content
Rate
(MMscf/d)
Tubing
Pressure
(kPa)
Water
5-30 Well (Preliminary)1 23,959 82 0.76% 9.7 10,700 Negligible
10-36 Well (Preliminary)2 23,600 78 0.81% 11.5 13,100 Negligible
10-1 Well3 24,069 78 0.75% 9.5 10,800 Negligible
9-35 Well4 23,928 81 0.64% 7.0 9,000 Negligible
2-31 Well5 24,189 81 0.95% 4.0 5,500 Negligible

1 The 5-30 Well preliminary results are subject to further analysis.
2 Well located at 10-363-9W3 (the “10-36 Well”); preliminary results are subject to further analysis.
3 Well located at 10-14-9W3 (the “10-1 Well”)
4 Well located at 9-35-3-9W3 (the “9-35 Well”)
5 Well located at 2-31-2-8W3 (the “2-31 Well”)

Operations Update

HEVI provides the following operations update on its other wells:

  • 3-19-3-8W3 well (the “3-19 Well”): Drilling has ceased prior to reaching the targeted zone due to operational challenges and the early onset of spring weather in the Mankota area. As a result, NAH has made the decision to abandon the 3-19 Well. The target will be re-evaluated as part of the fall drilling program.
  • 12-29-2-8W3 (the “12-29 Well”): Completion operations have been suspended until the latter half of 2025 due to environmental restrictions in the area. Operations on the 12-29 Well had to cease by February 22, 2025, in compliance with these regulations.

HEVI and NAH intend to resume drilling in the Mankota area after September 1, 2025, given the environmental and surface restrictions that will be in place until that time.

Stay Connected to Helium Evolution

Shareholders and other parties interested in learning more about the Helium Evolution opportunity are encouraged to visit the Company’s website, which includes an updated corporate presentation, and are invited to follow the Company on LinkedIn and X for ongoing corporate updates and helium industry information. Helium Evolution also provides an extensive, commissioned ‘deep-dive’ research report prepared by a third party whose background includes serving as a research analyst for several bank-owned and independent investment dealers.

About Helium Evolution Incorporated

Helium Evolution is a Canadian-based helium exploration company holding the largest helium land rights position in North America among publicly-traded companies, focused on developing assets in southern Saskatchewan. The Company has over five million acres of land under permit near proven discoveries of economic helium concentrations which will support scaling the exploration and development efforts across its land base. HEVI’s management and board are executing a differentiated strategy to become a leading supplier of sustainably-produced helium for the growing global helium market.

For further information, please contact:

Greg Robb, President & CEO
Kristi Kunec, CFO
Phone: 1-587-330-2459
Email: info@heliumevolution.ca
Web: https://www.heliumevolution.ca/

Statement Regarding Forward-Looking Information

This news release contains statements that constitute ‘forward-looking statements.’ Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘intends,’ ‘estimates,’ ‘projects,’ ‘potential’ and similar expressions, or that events or conditions ‘will,’ ‘would,’ ‘may,’ ‘could’ or ‘should’ occur.

Forward-looking statements in this document include statements regarding the Company’s expectations regarding future production from the 2-31 Well, the 9-35 Well, the 5-30 Well, the 10-36 Well and the 10-1 Well, abandoning the 3-19 Well, the Company’s expectations regarding scalable helium production from its land generally, the Company and/or NAH’s plans with respect to shutting in the 5-30 Well for a 14-day period and the interpretation of results, reevaluation of the target for the 3-19 Well, resumption of drilling after September 1, 2025, installation of production facilities including the size, specifications and timing, the Company’s plans to do further analysis on the 10-36 Well, the Company and/or NAH’s plans for the 12-29 Well including timing, the Company’s intention to provide further updates regarding significant updates and developments, the Company becoming a leading supplier of sustainably-produced helium, timeline of future updates, the Company’s beliefs regarding growth of the global helium market and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: NAH may be unsuccessful in drilling commercially productive wells; the Company may not provide future updates; the Company and/or NAH may abandon or defer plans for continuing the completion, testing and evaluation of the 10-36 Well and the 5-30 Well; the Company and/or NAH may choose to defer, accelerate or abandon its exploration and development plans; the Company and/or NAH may determine not to bring the 9-35 Well, the 10-1 Well, the 10-36 Well, the 5-30 Well or the 2-31 Well onto production; the Company and/or NAH may not unsuspend the 12-29 Well; the Company and/or NAH may change intentions with regards to the 3-19 Well; the Company and/or NAH may choose to not reevaluate the 3-19 Well target in the fall drilling program; the Company and/or NAH may abandon, defer or accelerate plans and decisions regarding production facilities; new laws or regulations and/or unforeseen events could adversely affect the Company’s business and results of operations; stock markets have experienced volatility that often has been unrelated to the performance of companies and such volatility may adversely affect the price of the Company’s securities regardless of its operating performance; risks generally associated with the exploration for and production of resources; the uncertainty of estimates and projections relating to expenses and the Company’s working capital position; constraint in the availability of services; commodity price and exchange rate fluctuations; adverse weather or break-up conditions; and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release. The Company does not intend, 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 required by law.

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

Source

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Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) (‘Lode Gold ‘ or the ‘Company’) is pleased to report it has engaged the services of Axiom Exploration Group Ltd. (‘Axiom’) of Saskatoon, Saskatchewan. Axiom’s primary role will be to supply geological and field technical staff, along with equipment for our forthcoming field program. This program will target four distinct RIRGS (Reduced Intrusion-Related Gold System) prospects named Border, Steelhead, Stingray and Camp. Among these, the Border prospect on the WIN property is the most developed, exhibiting RIRGS-style gold mineralization in sheeted quartz veins hosted within hornfels, along with high bismuth to gold ratios. Our efforts will concentrate on this prospect, aiming to identify drill targets at Border for drill testing in the later part of the season. The entire operation will be overseen by Buddy Doyle, Gold Orogen’s Vice President of Exploration, a seasoned explorer with a 40-year career marked by numerous significant discoveries.

Axiom is well-positioned to execute this work effectively, leveraging its team of diverse geoscientists with extensive experience gained across Canada and internationally. The company’s professionals are equipped with cutting-edge industry knowledge and tools, ensuring the provision of reliable and accurate data. Additionally, Axiom’s in-house field equipment and established relationships with suppliers offer cost advantages through volume discounts, benefits that are typically unavailable to individual junior companies.

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Left: Golden Culvert and WIN: 99.5 km² area spanning 27 km of strike length in the southern Tombstone Gold Belt. Four confirmed RIRGS targets highlight the district-scale potential of this high-grade gold trend Right: Boundary Zone Discovery Site: Gold-bearing sheeted quartz veins in hornfels-altered rock

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‘We welcome the increased exploration investment and our ability to apply a systemic, technical approach to our prospective Golden Culvert and WIN properties, in particular the added opportunities provided by the recognition of RIRGS in addition to the known orogenic styles of mineralization in the area,’ comments Jonathan Hill, Director and Head of the Technical Committee. ‘Prior exploration drilling has tested less than 10% of the overall >20km strike potential highlighted by our quality geochemical and geophysical datasets. We expect that the current work in 2025 will identify some compelling potential targets and progress them to initial drilling phases.’

The program is being executed in two stages. The first stage takes place at the Border prospect, a high-altitude site near an ice field that benefits from its close proximity to the all-weather Highway 10. The crews will map the extent of the sheeted quartz veins and collect channel samples across the vein system. Additionally, they will search for other vein swarms within the large hornfels roof pendant delineated by the QMAGT survey conducted in 2024. To maximize planning time for the drill program, samples will be expedited for gold assays to obtain rapid results. Concurrent work on other RIRGS targets is also planned, particularly during periods when weather conditions restrict access to the Border prospect.

Phase 2 is scheduled to commence in August 2025, featuring a 1400 m drill program consisting of seven holes, designed to test the targets generated during Phase 1.

About Lode Gold

Lode Gold (TSXV: LOD) is an exploration and development company with projects in highly prospective and safe mining jurisdictions in Canada and the United States.

In Canada, its Golden Culvert and WIN Projects in Yukon, covering 99.5 km2 across a 27-km strike length, are situated in a district-scale, high grade gold mineralized trend within the southern portion of the Tombstone Gold Belt. A total of four RIRGS targets have been confirmed on the property. A NI 43-101 technical report has been completed in May 2024.

In New Brunswick, Lode Gold has created one of the largest land packages with its Acadian Gold JV Co; consisting of an area that spans 445 km2 and a 44 km strike. McIntyre Brook covers 111 km2 and a 17-km strike in the emerging Appalachian/Iapetus Gold Belt; it is hosted by orogenic rocks of similar age and structure as New Found Gold’s Queensway Project. Riley Brook is a 335 km2 package covering a 26 km strike of Wapske formation with its numerous felsic units. A NI 43-101 technical report has been completed in August 2024.

In the United States, the Company is advancing its Fremont Gold project. This is a brownfield project with over 43,000 m drilled and 23 km of underground workings. It was previously mined at 10.7 g/t Au in the 1930’s.

Mining was halted in 1942 due the gold mining prohibition in World War Two (WWII) just as it was ramping up production. Unlike typical brownfield projects that are mined out, only 8% of the veins have been exploited. The Company is the first owner to investigate an underground high grade mine potential at Fremont.

The project is located on 3,351 acres of private and patented land in Mariposa County. The asset is a 4 km strike on the prolific 190 km Mother Lode Gold Belt, California that produced over 50,000,000 oz of gold and is instrumental in the creation of the towns, the businesses and infrastructure in the 1800s gold rush. It is 1.5 hours from Fresno, California. The property has year-round road access and is close to airports and rail.

Previously, in March 2023 the company completed an NI 43 101 Preliminary Economic Assessment(‘ PEA’). A sensitivity to the March 31, 2023 PEA at USD $2,000/oz gold gives an after-tax NPV of USD $370M and a 31% IRR over an 11-year LOM. At $1,750 /oz gold, NPV (5%) is $217M. The project hosts an NI 43-101 resource of 1.16 Moz at 1.90 g/t Au within 19.0 MT Indicated and 2.02 Moz at 2.22 g/t Au within 28.3 MT Inferred. The MRE evaluates only 1.4 km of the 4 km strike of Fremont property. Three step-out holes at depth (up to 1200 m) hit structure and were mineralized.

All NI 43-101 technical reports are available on the Company’s profile on SEDAR+ (www.sedarplus.ca) and the Company’s website (www.lode-gold.com)

QUALIFIED PERSON STATEMENT

The scientific and technical information contained in this press release has been reviewed and approved by Jonathan Victor Hill, Director, BSc (Hons) (Economic Geology – UCT), FAusIMM, and who is a ‘qualified person’ as defined by NI-43-101.

ON BEHALF OF THE COMPANY

Wendy T. Chan, CEO & Director

Information Contact

Winfield Ding
CFO
info@lode-gold.com
+1-416-915-4257

Kevin Shum
Investor Relations
kevin@lode-gold.com
+1 (647) 725-3888 ext. 702

Cautionary Note Related to this News Release and Figures

This news release contains information about adjacent properties on which the Company has no right to explore or mine. Readers are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company’s properties.

Cautionary Statement Regarding Forward-Looking Information

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

This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the completion of the transaction and the timing thereof, the expected benefits of the transaction to shareholders of the Company, the structure, terms and conditions of the transaction and the execution of a definitive agreement, the timing of submission to the CSE and TSXV, Gold Orogen raising an additional $1,500,000 and the anticipated use of proceeds. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: that the Company and GRM will be able to negotiate the definitive agreement on the terms and within the time frame expected, that the Company and GRM will be able to make submissions to the CSE and TSXV within the time frame expected, that the Company and GRM will be able to obtain shareholder approval for the transaction, that the Company and GRM will be able to obtain necessary third party and regulatory approvals required for the transaction, if completed, that the transaction will provide the expected benefits to the Company and its shareholders.

There can be no assurance that forward-looking 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 adverse market conditions, general economic, market or business risks, unanticipated costs, the failure of the Company and GRM to negotiate the definitive agreement on the terms and conditions and within the timeframe expected, the failure of the Company and GRM to make submissions to the CSE and TSXV within the timeframe expected, the failure of the Company and GRM to obtain shareholder approval for the transaction, the failure of the Company and GRM to obtain all necessary approvals for the transaction, and r other risks detailed from time to time in the filings made by the Company with securities regulators, including those described under the heading ‘Risks and Uncertainties’ in the Company’s most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

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Innovation Mining is disrupting the market and establishing itself as a leader in cleantech gold extraction through its RZOLV, a proprietary, non-toxic hydrometallurgical formula that’s sustainable, safe, and water-based alternative to cyanide. RZOLV addresses a long-standing industry challenge, enabling mining operations to transition toward sustainable and high-performance gold extraction without compromising profitability.

RZOLV offers similar cost and performance metrics as cyanide, but with a non-toxic, reusable and sustainable profile.

Innovation Mining

RZOLV allows efficient gold extraction that unlocks untapped resources. Innovation Mining is currently focused on validating its technology through a 100-tonne industrial test, after which full commercialization efforts will begin.

Company Highlights

  • Innovation Mining has developed RZOLV, a proprietary, non-toxic hydrometallurgical formula for gold extraction. The formula offers a sustainable, safe, and water-based alternative to cyanide.
  • RZOLV enables a seamless transition from cyanide without requiring additional infrastructure investments, making adoption cost-competitive and operationally efficient.
  • The RZOLV formula has been tested on over 250 kilograms of ore, demonstrating high performance comparable to cyanide while eliminating toxic waste risks.
  • Scalability and reliability: A 100-tonne leach test is planned within the next several months to further validate scalability and reinforce its economic and operational advantages for miners.
  • Regulatory and social benefits: By removing cyanide from the process, RZOLV will simplify regulatory approvals, reduce compliance risks, and improve social licenses to operate, making it a future-proof solution for responsible mining.
  • Enhanced ESG profile: Mining companies adopting RZOLV can significantly improve their environmental, social, and governance (ESG) standing, appealing to investors and stakeholders focused on sustainability and responsible resource development.
  • Versatile gold recovery: RZOLV enables efficient gold extraction not only from traditional ores but also from low-grade ore, concentrates, and tailings, unlocking untapped resources.

This AInnovation Mining profile is part of a paid investor education campaign.*

Click here to connect with Innovation Mining to receive an Investor Presentation

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Forte Minerals Corp. (‘Forte’ or the ‘Company’) ( CSE: CUAU ) ( OTQB: FOMNF ) ( Frankfurt: 2OA ) is excited to announce its participation in the annual Prospectors & Developers Association of Canada ( PDAC ) Convention, happening March 2-5, 2025, at the Metro Toronto Convention Centre.

Join the Forte team at Booth 2736 in the Investor Exchange Pavilion, where copper, gold, and 2025 exploration plans take center stage.

Get an inside look at Forte’s growing portfolio of high-quality copper and gold assets in Perú and discover why industry leaders and investors are paying close attention.

President and CEO Patrick Elliott will be on hand with the technical team, ready to discuss upcoming drill programs, recent acquisitions, and what’s next in the company’s copper-gold pipeline.

And there’s more… A special guest from Perú will join the team at the booth. You won’t want to miss this!

ABOUT Forte Minerals CORP

Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (‘ Cu ‘) and gold (‘ Au ‘) assets in Perú. Our strategic partnership with GlobeTrotters Resources Perú S.A.C. (‘ GTR ‘) grants us access to a comprehensive project pipeline, enabling us to target the most promising opportunities. This collaboration focuses on historically discovered, drill-ready targets, driving significant value in Cu and Au resource development.

On behalf of Forte Minerals CORP.
(signed) ‘ Patrick Elliott’
Chief Executive Officer

For further information, please contact:
Forte Minerals Corp.
office: 604-983-8847
info@forteminerals.com  
  www.forteminerals.com

Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Trillion Energy International Inc. (‘ Trillion ‘ or the ‘Company ‘) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), announces the issuance of an aggregate of 3,516,493 common shares of the Company in settlement of $204,436.07 in debt owed by the Company to directors, officers and consultants (the ‘ Debt Settlement ‘). Sean Stofer, Trillion’s Interim CEO & Chairman of the Board stated, ‘ I would like to thank the directors and employees who have opted to receive amounts payable to them in Shares. This is a show of confidence in Trillion as we continue to move forward aggressively with plans to recommence drilling and workovers on our projects’.

In connection with the Debt Settlement, an aggregate of 1,209,413 common shares of the Company were issued for 2024 directors fees and certain management services from directors and an officer of the Company (the ‘ Insider Settlement ‘).

The Insider Settlement is considered a ‘related-party transaction’ within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the related party participation in the Debt Settlement based on that the fair market value of such insider participation does not exceed 25% of the Company’s market capitalization.

About the Company

Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. More information may be found on www.sedarplus.ca , and our website.

Contact  
Sean Stofer, Chairman
Brian Park, VP of Finance
1-778-819-1585
E-mail: info@trillionenergy.com
Website: www.trillionenergy.com

Cautionary Statement Regarding Forward-Looking Statements

This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company’s ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.

These statements are no guarantee of future performance and are subject to certain risks, uncertainties, delay, change of strategy, and assumptions that are difficult to predict and which may change over time. Accordingly, actual results and strategies could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, changes in capital raising strategies, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may increase and be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedarplus.ca , and or request a copy of our reserves report effective December 31, 2023 and filed on April 25, 2024.


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Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) (‘Riverside’ or the ‘Company’) is pleased to provide an update on its exploration progress in Canada and Mexico and further progress on the proposed spinout of Blue Jay Gold. In follow-up to the Company’s earlier press release this month, which provided updates on drilling and the 2025 exploration program at the Cecilia project, as well as ongoing collaboration with Fortuna Mining, Riverside is highlighting recent technical results from its gold and copper assets in Mexico, as well as the gold and rare earth element (REE) projects in British Columbia in this news release ahead of presenting at the Prospector Developer Association of Canada conference where the Company once again has booth and will be meeting investors and potential corporate partners.

Exploration Highlights:

CANADA

  • Deer Park Gold Project: Ongoing exploration has delivered strong sampling results and geological features similar to the historic Rossland Mining Camp, one of BC’s largest historical gold producers, supporting further target development.
  • Revel Project: the project’s carbonatite-style REE system extends over 7 kilometers along strike, with varying widths, and remains unexplored by drilling. The project is part of BC’s broader Rare Earth Element carbonatite belt, with extensive exposures of carbonatite mineralization.
  • Taft Project: Recent fieldwork confirmed rare earth and gold mineralization, with good infrastructure supporting exploration resumption in early spring.

MEXICO

  • Cuarentas Gold Project: Four priority drill targets identified using geochemistry, geophysics, and mapping; drill-permitted with a history of high-grade mining and strong structural corridors.
  • Ariel Copper Project: Targeting a large, undrilled porphyry copper system with lithocaps, breccia pipes, and alteration zones; surface indicators suggest deeper copper potential.
  • Union Gold-Copper Project: Hosts high-grade carbonate replacement deposits (CRDs) with potential for a deeper porphyry system, similar to Arizona’s Hermosa-Taylor deposit.
  • Additional Projects & Partnerships: Advancing Suaqui Verde (under option to Southern Empire) and Suaqui Grande (100% owned); maintaining a strong royalty portfolio.

‘We are excited to see our projects advancing, both through partnerships and our own exploration efforts,’ commented John-Mark Staude, CEO of Riverside Resources. ‘As we attend PDAC in Toronto, we look forward to meeting with industry peers and showcasing our portfolio of gold, copper, silver and rare earth projects. Riverside holds royalties on several assets and also owns 100% of drill-permitted projects that are ready for turnkey exploration with existing and potential new partners. Additionally, we’re pleased with the progress of our proposed transaction, with Blue Jay Gold shares expected to spin out to Riverside shareholders in the first half of 2025. Alongside this, we anticipate strong exploration and discovery potential at Cecilia and other partner-backed projects in the coming months.’

Royalties

Fresnillo PLC continues drilling and resource refinement at the Tajitos project, evaluating its potential for future mine development. The newly elected President of Mexico, Claudia Sheinbaum, has expressed support for mining development, which could positively impact the progress of major projects like Tajitos Gold Project.

The Tajitos project is strategically located in northwest Sonora, Mexico, benefiting from excellent road infrastructure and access to power. The terrain is relatively flat, with no residential settlements on-site. Additionally, private ranch land where the project is located has been acquired and consolidated by Fresnillo, further facilitating potential mine construction and operations. Riverside holds a 2% net smelter royalty (NSR) on a portion of the Tajitos project, providing a strong future revenue opportunity for Riverside.

Riverside also holds a 2% NSR on the Sugarloaf Peak gold project, operated by Arizona Metals, as well as a diverse portfolio of additional royalties. More details on Riverside’s royalty assets can be found on the company’s website at www.rivres.com.

PDAC 2025

The Riverside team is pleased to invite investors, industry professionals, and stakeholders to visit us at PDAC 2025 in Toronto. Riverside’s President and CEO, John-Mark Staude, along with key team members, will be available at booth #2413A on Sunday, March 2, and Monday, March 3, from 10 AM to 5 PM or contact us at the information below.

This event provides an excellent opportunity to connect with the Riverside team, gain insights into the company’s exploration and development plans for 2025, and discuss the latest progress across our gold, copper, and silver projects in Mexico and Canada.

Additionally, Geordie Mark, CEO of Blue Jay Gold, will be attending PDAC. Blue Jay Gold, Riverside’s latest spinout, represents a compelling growth opportunity, and this will be a great chance to meet with Geordie and learn more about the company’s strategy and outlook.

Canada

Riverside continues to advance exploration at its Deer Park gold project in British Columbia, where recent fieldwork has provided strong sampling results, positive geological indicators, and structural features similar to those found in the Rossland Camp, one of BC’s largest historical gold producers. With high-grade, multi-element ores and well-developed infrastructure, Rossland has demonstrated significant mineral potential, and Riverside has outlined compelling targets for further exploration.

For Rare Earth Elements (REEs), Riverside has made notable progress at its Revel and Taft projects. At Revel, the carbonatite-style system extends over 7 kilometers along strike, with varying widths, and remains unexplored by drilling. The project is part of BC’s broader REE carbonatite belt, with extensive exposures of carbonatite mineralization. Additionally, Mount Grace, a district-scale carbonatite project staked and advanced by Riverside, has been previously studied by the British Columbia Geological Survey for its rare earth content and is now progressing with further exploration at Revel.

At the Taft Project, fieldwork conducted over the past summer included sampling and mapping, identifying both rare earth elements and gold mineralization. Taft is well-located near Salmon Arm, BC, with good road access and lower-elevation terrain, making it well-positioned for the resumption of exploration activities in early spring.

Mexico

Riverside continues to advance exploration across its gold and copper portfolio in Mexico, with significant progress at the Cuarentas, Ariel, and Union projects, among others.

At Cuarentas, the company has identified four priority target areas for drill testing. The project is drill-permitted and located on private ranch land, providing a clear path for further exploration and potentially rapid development including the existence of past mine and mill operations. With a history of high-grade mining and well-defined structural corridors, Cuarentas presents a strong opportunity for resource expansion. Riverside has made significant progress in target definition, using geochemistry, geophysics, remote sensing and geological mapping to refine drill targets.

At Ariel, Riverside is targeting a porphyry copper system characterized by large lithocaps, extensive alteration zones, breccia pipes, and veining-all indicators of a strong, undrilled porphyry copper discovery. Previous work has included mapping and geochemical sampling, particularly around former turquoise mining operations, which serve as surface indicators of deeper copper mineralization.

At the Union project in Sonora, Riverside controls three major mining areas within a large landholding. The project hosts high-grade gold potential in carbonate replacement deposits (CRDs), similar to those found in the Hermosa-Taylor deposit in Arizona, which South32 is actively developing. Union shares the same Paleozoic limestone host rocks, with an alteration halo of manganese, gold, and base metals suggesting the potential presence of a deeper porphyry copper system. CRD-style deposits in the region have historically led to significant copper discoveries, and Union remains a high-priority target for future exploration campaigns.

Other projects in Riverside’s portfolio include the Suaqui Verde project, which is currently under option to Southern Empire, and the neighboring Suaqui Grande copper project, which Riverside retains 100% ownership of. The company remains well-positioned, advancing its key assets while maintaining a strong royalty portfolio through option agreements.

Exploration efforts for H1 2025 continue across multiple projects, with further results expected from Cecilia and other key targets. Riverside also remains actively engaged in joint venture discussions, welcoming potential partnerships to advance its exploration programs. The company will be attending PDAC in Toronto, where it will be available for meetings and discussions. Further details on Riverside’s projects can be found on its website at www.rivres.com.

Qualified Person & QA/QC:

The scientific and technical data contained in this news release was reviewed and approved by Freeman Smith, P.Geo, a non-independent qualified person to Riverside Resources, who is responsible for ensuring that the geologic information provided within this news release is accurate and who acts as a ‘qualified person’ under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

About Riverside Resources Inc.

Riverside is a well-funded exploration company driven by value generation and discovery. The Company has over $4M in cash, no debt and less than 75M shares outstanding with a strong portfolio of gold-silver and copper assets and royalties in North America. Riverside has extensive experience and knowledge operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective mineral properties. In addition to Riverside’s own exploration spending, the Company also strives to diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets simultaneously and create more chances for discovery. Riverside has properties available for option, with information available on the Company’s website at www.rivres.com.

ON BEHALF OF Riverside Resources Inc.

‘John-Mark Staude’

Dr. John-Mark Staude, President & CEO

For additional information contact:

John-Mark Staude
President, CEO
Riverside Resources Inc. 
info@rivres.com
Phone: (778) 327-6671
Fax: (778) 327-6675
Web: www.rivres.com
Eric Negraeff
Investor Relations
Riverside Resources Inc.
Phone: (778) 327-6671
TF: (877) RIV-RES1
Web: www.rivres.com

 

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., ‘expect’,’ estimates’, ‘intends’, ‘anticipates’, ‘believes’, ‘plans’). Such information involves known and unknown risks — including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

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

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Bold Ventures Inc. (TSXV: BOL) (the ‘Company’ or ‘Bold’) announces that it has added 11 additional claims to its Joutel Property, Québec, which is located approximately 140 km northwest of the city of Val d’Or, Québec. The property is situated in the vicinity of Bold’s former Joutel property, over which Bold flew an airborne VTEMTM survey in 2012. The new claims cover untested geophysical anomalies from the 2012 survey. Historical diamond drilling in this area has identified anomalous nickel, silver, copper, zinc and gold associated with geophysical anomalies. Click here for more details about the property.

The Company looks forward to meeting with the mining and investment communities at PDAC in Toronto from March 2nd to 5th next week. The Company’s President and COO, Bruce MacLachlan, the Company’s V.P. Exploration, Coleman Robertson, and the Company’s CEO, David Graham, will be present for the conference, as well as the preceding Metals Investor Forum from February 28th to March 1st. Bold will have booth #2610 at the conference, where it will showcase various samples, maps and photographs from the Company’s northwestern Ontario projects. Of particular interest is the recent high-grade gold discovery at the Burchell Project. The 111 Zone discovery yielded impressive gold values ranging from 10 ppb Au up to 68,000 ppb Au (68 g/t Au or 2.2 oz./t Au). See Bold press releases dated December 12, 2024and January 9, 2025.

The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company’s V.P. Exploration and a qualified person (QP) for the purposes of NI 43-101.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

‘Bruce A MacLachlan’
Bruce MacLachlan
President and COO
‘David B Graham’
David Graham
CEO
   
Direct line: (705) 266-0847
Email: bruce@boldventuresinc.com
 

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

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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