Author: Date

(MENAFN– Newsfile Corp)
Vancouver, British Columbia–(Newsfile Corp. – April 17, 2025) – CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) (“CleanTech ” or the “Company”) is pleased to announce that it has identified multiple occurrences of antimony in select drill core from the El Triunfo gold and antimony project (the “Triunfo Project”) located 75 km east of La Paz city, Bolivia.

While conducting due diligence on the Triunfo Project drillhole database, the Company observed several intervals of antimony mineralization from nine inspected diamond-drill-holes recently drilled in 2020 and 2022. The assays of the drill holes are tabulated below. All nine drill holes contained several intersections of antimony grading higher than 0.1%. Hole TR010 contained 1.2-meter intersection grading over 1% antimony.

	Significant Drilling Program Intervals at the Triunfo Project
Hole ID	From	To	Width	True Width	Au	Ag	Sb
(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)
TR004	70.00	71.00	1.00	0.77	0.01	1.25	0.15
TR004	71.00	72.00	1.00	0.77	0.37	7.76	0.12
TR004	72.00	73.00	1.00	0.77	1.51	2.67	0.01
TR004	73.00	74.00	1.00	0.77	0.41	4.59	0.39
TR004	101.90	102.50	0.60	0.46	0.13	11.85	0.09
TR004	102.50	103.50	1.00	0.77	0.03	0.80	0.01
TR004	123.50	124.50	1.00	0.77	0.00	1.48	0.02
TR004	131.50	132.50	1.00	0.77	0.01	2.99	0.01
TR005	58.00	59.00	1.00	0.94	0.00	0.38	0.04
TR005	61.00	62.00	1.00	0.94	0.40	8.00	0.03
TR005	62.00	63.00	1.00	0.94	0.04	3.53	0.84
TR005	63.00	64.00	1.00	0.94	0.00	0.61	0.15
TR005	64.00	66.00	2.00	1.88	0.01	0.14	0.02
TR006	94.50	95.00	0.50	0.47	1.63	>100	0.01
TR006	190.50	191.30	0.80	0.75	0.20	76.20	0.01
TR008	46.00	47.00	1.00	0.94	0.36	79.30	0.01
TR008	47.00	47.75	0.75	0.94	5.13	>100	0.02
TR008	72.00	73.00	1.00	0.94	0.02	88.90	0.03
TR008	75.00	76.00	1.00	0.94	0.06	54.30	0.02
TR008	77.00	78.00	1.00	0.94	0.02	3.41	0.07
TR008	78.00	79.00	1.00	0.94	0.02	20.00	0.10
TR008	79.00	80.00	1.00	0.94	0.01	3.22	0.04
TR008	81.00	82.00	1.00	0.94	0.01	1.90	0.01
TR008	82.00	83.00	1.00	0.94	0.04	11.15	0.10
TR008	83.00	84.00	1.00	0.94	0.08	18.20	0.04
TR008	247.50	248.50	1.00	0.94	1.87	63.50	0.02
TR009	154.00	155.00	1.00	0.91	0.11	>100	0.04
TR009	155.00	156.00	1.00	0.91	0.03	>100	0.02
TR009	169.00	170.00	1.00	0.91	0.24	>100	0.02
TR009	173.00	174.00	1.00	0.91	0.11	>100	0.01
TR009	174.00	175.00	1.00	0.91	0.27	88.20	0.02
TR009	175.00	176.00	1.00	0.91	1.92	32.50	0.02
TR009	206.00	207.00	1.00	0.91	0.02	8.11	0.02
TR009	226.00	227.00	1.00	0.91	0.02	3.33	0.01
TR010	31.00	33.00	2.00	1.73	0.01	3.45	0.14
TR010	37.00	39.00	2.00	1.73	0.00	1.23	0.04
TR010	39.00	39.60	0.60	0.52	0.01	4.41	0.31
TR010	39.60	40.80	1.20	1.04	0.30	61.40	>1
TR010	40.80	42.00	1.20	1.04	0.00	1.10	0.03
TR010	42.00	44.00	2.00	1.73	0.00	1.09	0.03
TR010	44.00	46.00	2.00	1.73	0.00	2.31	0.14
TR010	46.00	48.00	2.00	1.73	0.00	1.50	0.05
TR010	117.00	118.00	1.00	0.87	0.00	0.79	0.01
TR010	149.00	150.00	1.00	0.87	0.34	4.42	0.05
TR010	239.00	240.00	1.00	0.87	0.02	5.22	0.01
TR011	199.00	200.00	1.00	0.87	0.09	>100	0.01
TR011	218.00	219.00	1.00	0.87	0.13	75.00	0.01
TR011	229.00	230.00	1.00	0.87	0.02	99.70	0.10
TR011	247.00	248.00	1.00	0.87	0.01	5.71	0.01
TR012	260.00	261.00	1.00	0.71	0.05	7.14	0.08
TR013	77.00	78.00	1.00	0.71	0.16	92.80	0.01
TR013	85.20	86.00	0.80	0.57	0.00	67.60	0.01
TR013	86.00	86.60	0.60	0.42	0.02	49.40	0.14
TR013	86.60	88.00	1.40	0.99	0.00	5.22	0.02
TR013	88.00	89.00	1.00	0.71	0.46	6.30	0.31
TR013	89.00	90.00	1.00	0.71	0.01	6.12	0.29
TR013	90.00	91.00	1.00	0.71	0.01	1.97	0.15
TR013	93.00	94.00	1.00	0.71	0.02	6.58	0.11
TR013	254.00	255.00	1.00	0.71	0.03	15.05	0.04
TR013	260.00	261.00	1.00	0.71	0.01	15.60	0.01
TR013	265.00	267.00	2.00	1.41	0.00	8.13	0.02
TR013	286.00	287.10	1.10	0.78	0.21	7.89	0.01
TR013	287.70	288.45	0.75	0.53	0.20	18.85	0.02
TR013	288.45	289.00	0.55	0.39	0.01	9.33	0.05
TR013	289.00	290.00	1.00	0.71	0.02	8.61	0.04

The Company is highly encouraged by the antimony results and will continue to evaluate this potential by reviewing and assaying prior historic drill core. The Company is optimistic about exploring Triunfo Project’s potential to meet the increasing demand in critical sectors like energy storage, military and industrial alloy manufacturing.

Antimony price has reached over US$40,000 per ton in 2025 representing over a 250% increase since January 2024 according to S&P Global^[1]. This surge follows China’s announcement on January 1, 2025, restricting antimony exports to the United States as part of broader controls on critical minerals, including antimony, gallium, and germanium.

Antimony is a crucial material in flame retardants, lead-acid batteries, ammunition, and various metal alloys critical for industrial and defense applications.

According to the U.S. Geological Survey^[2], global annual antimony production was approximately 83,000 metric tons in 2023. China currently dominates global antimony supply, accounting for around 50% of total production and most of the world’s exports. The United States currently has no domestic antimony production and relies entirely on imports to meet its antimony requirements. Bolivia produces approximately 3,000 metric tons of antimony annually, accounting for about 3.6% of global supply according to USGS.

About the El Triunfo Project:

CleanTech entered into an Option Assignment Agreement with Silver Elephant Mining Corp. (” Silver Elephant “) on April 8, 2025 pursuant to which Silver Elephant proposes to assign its rights to an option agreement dated July 10, 2020 (the ” Triunfo Option Agreement “) to acquire 100% of the equity interests in the capital of Mururata S.R.L. a commercial society existing pursuant to the laws of Bolivia, which owns certain Bolivian mining rights that comprise the El Triunfo Project to CleanTech in consideration for the payment of CAD 155,000 in cash (the ” Transaction “).

Closing of the Transaction is subject to the satisfaction of certain conditions precedent thereto including, without limitation, satisfactory completion of due diligence in respect of the Triunfo Project by CleanTech, the receipt of the requisite regulatory and stock exchange approvals by each of Silver Elephant and CleanTech, and the execution of an amendment to the Triunfo Option Agreement in form and substance acceptable to CleanTech. CleanTech paid Silver Elephant a refundable deposit in the amount of $155,000 which deposit shall be repaid in the event the Transaction is not completed by December 31, 2025 or if the Triunfo Option Assignment Agreement is otherwise terminated.

Triunfo Project drilling results (drilling conducted by Silver Elephant):

Triunfo Project 2020 Drill Program Significant Gold Intervals
Hole ID	From	To	Width	True Width	Au	Ag	Zn	Pb
(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)	(%)
TR004	14.00	15.00	1.00	0.77	0.24	18.85	0.21	0.65
17.00	18.00	1.00	0.77	0.74	2.21	0.03	0.04
71.00	74.00	3.00	2.30	1.11	5.01	0.00	0.00
TR005	61.00	62.00	1.00	0.94	0.59	8.00	0.00	0.01
122.00	124.00	2.00	1.88	0.50	2.29	0.01	0.02
TR006	5.00	6.00	1.00	0.94	0.73	3.19	0.10	0.13
20.00	21.00	1.00	0.94	0.15	11.10	0.35	0.29
40.00	76.00	36.00	33.83	0.49	15.46	0.54	0.44
including…	58.00	72.00	14.00	13.15	0.48	20.23	0.76	0.66
TR006	94.50	101.50	7.00	6.58	0.56	23.21	0.82	0.56
106.50	107.40	0.80	0.75	0.32	12.70	0.25	0.01
120.00	121.00	1.00	0.94	0.07	15.90	0.50	0.67
142.80	143.30	0.50	0.47	0.60	0.43	0.00	0.00
190.00	191.30	1.30	1.22	0.72	89.58	2.07	0.16
TR007	13.00	111.90	98.90	85.65	0.37	22.71	0.74	0.58
including…	63.00	111.90	48.90	42.35	0.42	35.49	1.17	0.83
TR007	118.50	119.50	1.00	0.87	0.03	4.55	0.17	0.53
121.50	122.50	1.00	0.87	0.30	3.69	0.07	0.46
125.50	126.30	0.80	0.69	0.56	3.18	0.09	0.03
179.00	181.00	2.00	1.73	1.05	1.38	0.01	0.01
185.60	186.20	0.60	0.52	0.44	5.69	0.02	0.01
196.00	197.00	1.00	0.87	0.74	1.46	0.00	0.00
TR008	6.80	84.00	77.30	72.63	0.31	17.65	0.57	0.53
including…	45.00	51.40	6.40	6.01	1.60	56.49	1.66	0.94
TR008	138.10	139.10	1.00	0.94	0.71	0.90	0.01	0.00
149.00	151.00	2.00	1.88	0.10	22.73	0.78	0.03
156.00	157.00	1.00	0.94	0.74	1.33	0.02	0.01
183.00	183.60	0.60	0.56	1.65	2.62	0.02	0.01
231.60	232.60	1.00	0.94	0.41	4.50	0.00	0.00
247.50	250.00	2.50	2.35	1.64	35.99	0.00	0.00
257.00	258.00	1.00	0.94	0.78	2.15	0.00	0.00

Triunfo Project 2022 Drill Program Significant Gold Intervals
Hole ID	From	To	Width	True Width	Au	Ag	Pb	Zn
(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)	(%)
TR009	3.00	250.00	247.00	223.86	0.20	8.10	0.17	0.14
incl…	46.00	47.00	1.00	0.91	0.40	1.70	0.01	0.00
…and	109.00	115.00	6.00	5.44	0.50	1.90	0.02	0.00
…and	137.00	138.00	1.00	0.91	0.40	18.30	0.70	0.14
…and	154.00	156.00	2.00	1.81	0.20	211.00	0.84	0.24
…and	164.00	178.00	14.00	12.69	0.80	65.00	1.74	1.44
…and	193.00	197.00	4.00	3.63	1.20	2.10	0.04	0.01
…and	232.00	236.00	4.00	3.63	2.40	12.90	0.19	0.04
TR010	7.00	52.00	45.00	38.97	0.30	8.70	0.58	0.40
incl…	24.00	25.00	1.00	0.87	1.80	27.00	0.81	1.25
…and	39.60	40.80	1.20	1.04	2.40	61.40	10.80	2.98
TR010	144.00	151.00	7.00	6.06	0.40	2.40	0.00	0.00
TR010	190.00	192.00	2.00	1.73	0.90	4.60	0.05	0.03
TR010	219.00	221.00	2.00	1.73	0.60	5.30	0.01	0.04
TR010	237.00	245.00	8.00	6.93	0.40	4.50	0.04	0.04
incl…	241.00	243.00	2.00	1.73	1.10	5.00	0.01	0.01
TR010	290.00	291.00	1.00	0.87	0.30	95.30	1.96	0.20
TR011	2.00	300.10	298.10	258.15	0.06	2.80	0.06	0.05
incl…	195.00	242.00	47.00	40.70	0.18	12.90	0.31	0.22
…and	197.00	201.00	4.00	3.46	0.34	46.00	1.16	0.78
…and	198.00	200.00	2.00	1.73	0.49	80.90	2.04	1.29
…and	210.00	214.00	4.00	3.46	0.42	16.60	0.50	0.44
…and	218.00	219.00	1.00	0.87	1.39	75.00	1.82	2.35
…and	229.00	230.00	1.00	0.87	0.10	99.70	1.41	0.02
TR012	164.00	164.50	0.50	0.35	1.04	61.40	1.87	0.84
…and	177.00	179.00	2.00	1.41	0.94	11.40	0.30	0.21
…and	184.00	187.50	3.50	2.47	0.32	21.70	0.67	0.28
…and	195.00	196.00	1.00	0.71	0.34	44.60	1.15	3.04
…and	201.00	203.00	2.00	1.41	1.50	18.80	0.52	0.32
…and	234.00	236.00	2.00	1.41	1.54	12.10	0.47	0.76
TR013	64.30	90.00	25.70	18.17	0.32	22.20	0.73	0.48
incl…	64.30	65.00	0.70	0.49	0.52	18.50	0.54	0.72
…and	75.00	83.00	8.00	5.66	0.76	41.10	1.45	0.98
…and	84.00	86.60	2.60	1.84	0.13	70.30	1.72	0.68
…and	286.00	290.00	4.00	2.83	0.41	9.40	0.31	0.77

Triunfo Project Drillholes Location
HOLE_ID	E_UTM	N_UTM	ELEVATION	AZIMUTH	DIP	TOTAL DEPTH
(m)	(m)
TR004	623424	8169608	4504.0	20.0	-50.0	150.0
TR005	623539	8169656	4518.0	200.0	-70.0	201.0
TR006	623869	8169669	4505.0	180.0	-70.0	201.0
TR007	623752	8169714	4536.0	180.0	-60.0	204.0
TR008	623654	8169712	4575.0	184.0	-70.0	261.4
TR009	623889	8169707	4518.0	205.0	-65.0	250.0
TR010	623519	8169724	4551.0	210.0	-60.0	296.0
TR011	624693	8169502	4560.0	200.0	60.0	300.1
TR012	624825	8169480	4578.0	180.0	45.0	300.0
TR013	625344	8169214	4501.0	190.0	-45.0	329.0

Triunfo Project Drillholes Map

To view an enhanced version of this graphic, please visit:

Location & Geology

The Triunfo Project lies within Bolivia’s Cordillera Real, an area with complex geology including Paleozoic metamorphic and igneous formations. This region has experienced multiple tectonic and orogenic (mountain-building) events, creating fractures and faults that host hydrothermal mineral deposits.

QA/QC

A Quality Assurance and Quality Control (QA/QC) program consistent with industry standards was implemented during the various drilling campaigns. The procedure involved cutting the core in half and sampling one half, with each sample weighing between 6 and 10 kg. All core and other samples were split, bagged, labeled, and shipped directly to the laboratory.

The laboratory used for analysis was ALS Global, with sample preparation protocol PREP-31, and assays requested for silver (Ag) and 41 elements using the ME-ICP41 method. The remaining 50% of the split sample is securely stored at a dedicated facility. Sample preparation is carried out at the ALS Global laboratory in Oruro, Bolivia, and the analyses are performed at the ALS Global laboratories in Peru or Canada.

Standards and blanks were inserted at regular intervals within each sample batch prior to shipment to the laboratory. These accounted for between 3% and 5% of the analyzed material, depending on the phase of the drilling campaign .

Qualified Person

The technical contents of this news release have been prepared under the supervision of Carlos Zamora,is a member of the American Institute of Professional Geologists (AIPG) and a Certified Professional Geologist (CPG) since 2024. Mr. Zamora is an independent qualified person as defined by National Instrument 43-101.

About CleanTech Vanadium Mining Corp.

CleanTech is an exploration-stage mining company focused on critical mineral resources. The Company owns a 100% interest in the Gibellini Vanadium Mine Project in Nevada, United States and has the right to acquire the El Triunfo gold-antimony project in Bolivia.

Further information on CleanTech can be found at .

ON BEHALF OF THE BOARD

“John Lee”
CEO and Director

For more information about CleanTech, please contact:
Phone: 1.877.664.2535
…

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.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words “believes,” “may,” “plans,” “will,” “anticipates,” “intends,” “could”, “estimates”, “expects”, “forecasts”, “projects” and similar expressions, and the negative of such expressions. Such forward-looking information, which reflects management’s expectations regarding CleanTech’s future growth, results of operations, performance, business prospects and opportunities, is based on certain factors and assumptions and involves known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking information. Forward-looking information in this news releases includes: the forward looking market data relating to antimony,that all conditions precedent to the Transaction will be met and the realization of the anticipated benefits derived therefrom for shareholders of each of CleanTech and perception of (i) the quality and the potential of the El Triunfo Project, (ii) the consideration offered by CleanTech for the El Triunfo Project, and (iii) the potential of CleanTech’s businesses following completion of the Transaction. Forward-looking statements are based on the opinions and estimates of management of CleanTech at the date the statements are made and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within the control of CleanTech, there is no assurance they will prove to be correct and are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Forward-looking information involves significant risks and uncertainties, should not be read as a guarantee of future performance, events or results, and may not be indicative of whether such events or results will actually be achieved. A number of risks and other factors could cause actual results to differ materially from expected results discussed in the forward-looking information, including but not limited to: changes in operating plans; ability to secure sufficient financing to advance the Company’s project; conditions impacting the Company’s ability to mine at the project, such as unfavorable weather conditions, development of a mine plan, maintaining existing permits and receiving any new permits required for the project, and other conditions impacting mining generally; maintaining cordial business relations with strategic partners and contractual counter-parties; meeting regulatory requirements and changes thereto; risks inherent to mineral resource estimation, including uncertainty as to whether mineral resources will be further developed into mineral reserves; political risk in the jurisdictions where the Company’s projects are located; commodity price variation; and general market, industry and economic conditions. Additional risk factors are set out in the Company’s latest annual and interim management’s discussion and analysis and annual information form (AIF), available on SEDAR+ at .

Forward-looking information is based on reasonable assumptions by management as of the date of this news release, and there can be no assurance that actual results will be consistent with any forward-looking information included herein. Readers are cautioned that all forward- looking statements in this news release are made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information in this news release to reflect circumstances or events that occur after the date of this news release, except as required by applicable securities laws.

^[1]

^[2]

To view the source version of this press release, please visit

SOURCE: CleanTech Vanadium Mining Corp.

MENAFN17042025004218003983ID1109444319

(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – April 14, 2025) – PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF) (FSE: 9PX) (“PTX” or the “Company”), is pleased to announce results from the second phase drill program at the Heenan-Mallard Gold Property located in the Swayze Greenstone Belt and 45 km northwest of the IAMGOLD’s Cote Gold Mine. As a follow-up from the initial green field discovery that consisted of a limited stripping and initial four-hole drill program (see news release dated of February 21^st, 2024), PTX completed an additional five drill holes aiming to test continuity of the mineralization along strike and at depth. All of drill holes intersected near-surface gold mineralization with a highlight of 75.75m at 0.50g/t Au including 5.00m at 3.93 g/t gold being intersected in drill hole HE24-06.

The recent drilling has shown sizeable intercepts in most of the drill holes, confirming expansion of a newly discovered system near IAMGOLD’s Cote Gold mine, and suggesting prospectivity for near-surface mineralized tonnage considering multiple mineralized intervals above 70m wide in core length in two drill holes. Considering step out holes, drilling has successfully intercepted new gold mineralization opening up for expanding the mineralization along strike and at depth. The bulk of the mineralization sits within the iron formation hosting a high density of felsic dikes, for which lithological contacts and structural breaks provide favorable conduits for mineral deposition. The gold mineralization has been described as being associated with pyrite and minor quartz veining.

Additionally, the Company has submitted exploration permits on its Shining Tree Property where a drill program is being planned to test the high-grade Ribble Vein at Ronda where a mechanized stripping and channel sampling program completed by PTX returned multiple channels of high-grade gold mineralization with 16.14m at 9.04g/t Au being reported in channel sampling (see press release dated of February 7^th, 2024).

Results highlights of the second phase drill program at Heenan:

The program consisted of 5 diamond drill holes totaling 693.35 m.

Combined drilling Phase 1 and 2 cumulates 1,305m for 9 holes.

Drill holes tested the down dip extension in three areas and along strike in two areas from the initial discovery made in 2024.

Mineralized system remains open along strike and at depth for potential expansion

SECTION A: Following up the initial interception of 77.44m at 0.40 g/t Au from 2024 drill program, the hole HE24-05 is spaced 50m deeper and is demonstrating multiple intercepts such as 5.0m at 0.84g/t Au or 3.0m at 0.82 g/t Au, occurring mostly at lithological contacts.

SECTION B: Similarly to section A, considering approximately a 30m distance between both HE23-03 and HE24-06, a wider zone of 75.75m at 0.50g/t Au was intercepted below the 2024 results of 27.15m at 0.55 g/t Au (see figure 1 below).

Figure 1: Section A and B showing intersections in 4 holes and extension of the mineralization at depth. Red stripes represent proportional value of gold over the holes.

To view an enhanced version of this graphic, please visit:

The Heenan-Mallard Property was acquired through the South Timmins Joint-Venture transaction with Fancamp Exploration Ltd. in 2023, (PTX retained 75% ownership and Fancamp 25%) that also includes the Shining Tree Property. Compiled results from the second drill program at the Heenan Property are reported in table 1, and drill hole collar information in table 2 below.

Table 1: Summary of Diamond Drill Results
DDH	From (m)	To (m)	Core Length (m)	Au (g/t)
HE24-05	55.00	58.00	3.00	0.82
	74.00	78.00	4.00	0.51
incl.	74.00	74.10	0.10	0.84
	134.00	135.00	1.00	1.35
	144.00	149.00	5.00	0.84
incl.	146.00	147.00	1.00	2.43
HE24-06	47.00	122.75	75.75	0.50
incl.	47.00	52.00	5.00	3.92
incl.	51.00	52.00	1.00	16.00
incl.	84.45	84.90	0.45	1.18
incl.	104.50	113.00	8.50	0.84
incl.	110.00	111.00	1.00	1.82
incl.	112.00	113.00	1.00	2.15
incl.	118.00	122.75	4.75	0.49
HE25-07	61.50	62.30	0.80	0.94
	86.15	87.77	1.62	0.85
incl.	87.00	87.77	0.77	1.12
HE25-08	83.70	87.70	4.00	0.63
incl.	83.70	84.70	1.00	1.20
HE25-09	67.00	67.20	0.20	1.30
	106.65	111.00	4.35	0.98
incl.	107.00	108.00	1.00	1.32
incl.	110.00	111.00	1.00	1.46
	117.00	122.00	5.00	1.00
incl.	117.00	118.00	1.00	2.40
Note: Intervals reported in Table 1 represent core lengths and not true widths. True widths are unknown at this time.

Table 2: Drill hole Collar Information
DDH	Easting	Northing	Azimuth	Dip	Length (m)
HE24-05	395783	5290926	225	-47.5	163.50
HE24-06	395816	5290891	225	-47.5	135.65
HE25-07	395839	5290840	225	-45	126.00
HE25-08	395688	5290973	225	-45	130.20
HE25-09	395862	5290864	225	-47	138.00
Note: Datum used is NAD83 Z17N

Joerg Kleinboeck, P. Geo. For PTX Metals quote: “We are pleased with the current results for such a greenfield discovery. The company will continue its systematic approach to exploring the Heenan Property through 2025. To date only 200m strike length has been tested by drilling. Additional geochemical, prospecting, and geological programs are planned to continue to evaluate the gold potential on the Property in areas outside of what have been drill tested to date.”

Next Steps: Shining Tree Drill planning

As PTX is advancing its Shining Tree Project, the company has made it its priority with an upcoming drill program for this year 2025. Recent surface work focused on the Ronda Target have resulted in assays up to 16.14m at 9.04g/t Au being reported in channel sampling (see press release dated of February 7^th, 2024), which warrants the area for an initial phase of drilling testing the downdip extension of the mineralization. Exploration Permits have been recently submitted.

QA/QC Program

Samples were cut using a diamond blade saw, inserted into labeled bags, and delivered by representatives of PTX to Activation Laboratories Ltd. in North Bay, Ontario. Activation Laboratories Ltd. is an ISO 17025:2005 accredited testing laboratory.

Samples were analyzed by fire assay using the 1A2 package with a gravimetric finish (1A3 package) for samples that returned greater than 5,000 ppb Au. PTX inserted standards and blanks and performs duplicate analysis as part of its QA/QC program. Activation Laboratories also performs an internal QA/QC program which includes the insertion of CRM’s, blanks, sample repeats, and duplicate samples.

Qualified Person:

The technical information presented in this news release has been reviewed and approved by Joerg Kleinboeck, P. Geo., a non-independent qualified person to PTX Metals who is responsible for ensuring that the technical information provided in this news release is accurate and who acts as a “qualified person” (QP) as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About PTX Metals Inc.:

PTX is a mineral exploration company focused on high-quality critical minerals projects, including two flagship projects situated in northern Ontario, renowned as a top mining jurisdiction for its abundance of mineral resources and investment opportunities. Our corporate objective is to advance the exploration programs towards proving the potential of each asset, which includes the W2 Cu-Ni-PGE and the South Timmins Gold Project.

PTX’s portfolio of assets offers investors exposure to some of the most valuable metals including gold, as well as essential critical minerals for the clean energy transition: copper, nickel, PGE, uranium and rare metals. PTX’s portfolio of assets was strategically acquired for their geologically favorable attributes, and proximity to established mining companies. PTX’s mineral exploration programs are designed by a team of expert geologists with extensive career knowledge gained from their tenure working for global mining companies in northern Ontario and around the world.

PTX is based in Toronto, Canada, with a primary listing on the TSX under the symbol PTX. The Company is also listed in Frankfurt under the symbol 9PX and on the OTCQB in the United States as PANXF.

For additional information on PTX, please visit the Company’s website at .

For further information, please contact:

Greg Ferron, President and Chief Executive Officer
Phone: +1 (416) 270-5042
Email: …

Forward-Looking Information

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information, including statements regarding the ability of the Company to satisfy the regulatory, stock exchange and commercial closing conditions of Private Placement, and the potential development of mineral resources and mineral reserves which may or may not occur. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and general economic and political conditions. Forward looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary approvals, including governmental and regulatory approvals, will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by applicable laws. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the Company’s public filings available under the Company’s profile at .

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit

SOURCE: PTX Metals Inc.

MENAFN14042025004218003983ID1109427374

(MENAFN– Newsfile Corp)
Vancouver, British Columbia–(Newsfile Corp. – April 8, 2025) – South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) (” SPMC ” or the ” Company “) is pleased to announce the acquisition of its first man-portable diamond drill, following the successful close of its C$6.3 million financing. Designed for efficient core drilling to depths of 500+ metres in remote locations, the new MultiPower MP500 Diamond Core Drill can operate year-round and will support faster and more cost-effective mobilization efforts across SPMC’s 3,100 km2 portfolio of four gold-copper projects in Papua New Guinea.

Drill Rig Acquisition
The MultiPower MP500 Diamond Core Drill purchase enables the Company to accelerate early-stage target testing of known high-grade gold and copper bearing structures. Equipment is scheduled to arrive at the end of May, with drilling to begin soon after. Former K92 Mining Inc. (” K92 “) exploration operator/manager, Dean Williamson, will assemble and lead the in-country drill crew who will transport, set up, and operate the drill throughout the 2025 drilling campaign.

“The acquisition of our first man-portable drill rig marks a major milestone in accelerating our exploration efforts across Papua New Guinea,” said Michael Murphy, Executive Chair of the Company. “With a strong treasury following our recent financing, we’re now in a position to aggressively advance our gold and copper projects. The bulk of our identified drill targets fall well within the depth range of this rig, allowing us to operate more efficiently and cut estimated drilling costs by nearly half. While surface work continues to refine and expand our target pipeline, upcoming drill programs are designed to test both known zones of mineralization and newly prioritized areas with strong potential. We’re confident this next phase will drive significant value across our portfolio.”

Osena Project
Focus remains on the Ontenu Cu-Au Prospect, a large-scale, multi-intrusive copper-gold porphyry, vein and skarn complex extending over 5 km x 3 km. Field sampling has commenced at Ontenu NE, which has potential to host lode-gold style mineralization consistent with what K92 is now mining, as the Company prepares to access the Ontenu Central prospect, which hosts confirmed gold-bearing breccias and a large porphyry target ~250 m below surface. 3D geological and structural modeling to assist with drill planning efforts is now complete. The primary targets are near-surface high-grade gold structures, such as the structures hosting gold-bearing breccias – recent trench results from Ontenu Central include 79 m averaging 0.75 g/t Au, including 4 m at 4.52 g/t Au and individual samples up to 8.82 g/t Au (see news release dated October 16, 2024 ).

Anga Project
Additional surface exploration work, including more detailed soil grid sampling, planned at the Irinke Prospect, has now defined a 2 km-wide mineralized NE trending corridor, with orientation and strike continuations comparable to K92’s Arakompa Discovery and lode-gold drill program less than 3 km away. Recently, the Company completed a geochemical study, in respect of all surface samples collected to date at Anga. This work has confirmed the Arakompa-like geochemical signature of the Irinke target, providing vectors to further mineralization in the area and identifying new prospects that warrant on-the-ground follow up. Drill program design continues to be assessed.

Kili Teke Project
With road access to the tenement and a nearby airfield, the project is situated just 40 km west of the Porgera Gold Mine, a Barrick Gold Corporation and Zijin Mining Group joint venture. Thie Kili Teke Project currently hosts an Inferred Mineral Resource (as defined on only a portion – the Central Porphyry – of the system) of 1.81 Moz Au, 802 kt Cu, and 40 kt Mo contained metal, in 237 Mt at 0.34% Cu, 0.24 g/t Au &, 168 ppm Mo ¹ (see January 12, 2023 , press release and National Instrument 43-101 (” NI 43-101 “) published report available on SEDAR+.

Following a successful Warden’s Hearing on March 11, 2025, for licence renewal, the Company is now focusing on landowner mapping and community engagement with the intention of commencing on-ground exploration that prioritizes additional discoveries of high-grade Cu-rich skarn, higher grade porphyries (Ieru Prospect) and Porgera-style gold targets and structures (Ridge Gold Prospect). High-grade skarn was intercepted by drilling of the previous operator returning 12.98% Cu, 11.75 g/t Au and 21.07 g/t Ag over 7.8 m within 54 m @ 2.1% Cu, 1.82 g/t Au, 3.87 g/t Ag (from 878 m depth down hole)². The Ridge Gold Prospect shows a Porgera alkalic-style metal signature (Au-Te-As), which differs from that of resource porphyry (Cu-Au-Mo), and soils have returned up to 9.3 g/t Au. Work completed by the previous operator at the Kili Teke Project included extensive diamond drilling of approximately 36,000 m, primarily focused on the porphyry resource, at an estimated cost of US$20 million.

May River Project
The Skygate Cu-Au Trend, including the Skiraisa Gold Breccia Prospect (” Skiraisa “) which lies within a 7 km long gold-copper mineralized trend just 15 km west of the giant Frieda River Cu-Au deposit, has been prioritized for exploration. Historical drilling intercepts include 109 m at 1.53 g/t Au from surface ³ and 54 m at 1.83 g/t Au from 106 m depth ³ within Skiraisa, with several holes ending in +1 g/t Au and up to 3.7 g/t Au mineralization. Another important prospect warranting follow-up in the field includes the Ufuo Prospect, a high-grade polymetallic massive sulfide system, from which historical drilling returned exceptional results including 19 m @11.47% Cu, 2.17 g/t Au from 13 m depth and 11 m @ 10.07% Cu, 2.03 g/t Au from 13 m depth .³

Qualified Person
The scientific and technical information disclosed in this release has been reviewed and approved by Darren Holden, Ph.D., FAusIMM, a “Qualified Person” as defined under the Canadian Institute of Mining NI 43-101, 2014 Standards of Disclosure for Mineral Projects. Dr. Holden is a Technical Advisor to the Company.

About South Pacific Metals Corp .
South Pacific Metals Corp. is an emerging gold-copper exploration company operating across Papua New Guinea’s proven gold and copper production corridors. With an expansive 3,100 km2 land package and four transformative gold-copper projects contiguous with major producers K92 Mining, PanAust and neighbouring Barrick/Zijin, new leadership and experienced in-country teams, are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Osena, Anga, Kili Teke, and May River.

Immediately flanking K92’s active drilling and gold producing operations to the northeast and southwest, SPMC’s Osena and Anga Projects are located within the high-grade Kainantu Gold District – each having the potential to host similar-style lode-gold and porphyry copper-gold mineralization as that present within K92’s tenements. Kili Teke is an advanced exploration project situated only 40 km from the world-class Porgera Gold Mine and hosts an existing Inferred Mineral Resource with multiple opportunities for expansion and further discovery. The May River Project is located adjacent to the world-renowned Frieda River copper-gold project, with historical drilling indicating potential for a significant, untapped-gold mineralized system. SPMC common shares are listed on the TSX Venture Exchange (TSXV: SPMC), the OTCQB Marketplace (OTCQB: SPMEF) and Frankfurt Stock Exchange (FSE: 6J00).

For further information please contact:

Michael Murphy, Executive Chair
or
Investor Relations
South Pacific Metals Corp.
Tel: +1-604-653-9464
Email: …

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

Disclaimer and Forward-Looking Information

Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of SPMC. In making the forward-looking statements, SPMC has applied certain assumptions that are based on information available to the Company, including SPMC’s strategic plan for the near and mid-term. There is no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements may involve various risks and uncertainty affecting the business of the Company. These forward-looking statements can generally be identified as such because of the context of the statements, including such words as “believes”, “anticipates”, “expects”, “plans”, “may”, “estimates”, or words of a similar nature. Forward-looking statements or information in this news release relate to, among other things, future exploration or development programs, and any results therefrom and effect thereof. These forward-looking statements and information reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic, regulatory or other unforeseen uncertainties and contingencies. These assumptions include, without limitation: success of the Company’s projects, prices for metals remaining as estimated, currency exchange rates remaining as estimated, availability of funds for the Company’s projects, capital, decommissioning and reclamation estimates, prices for energy inputs, labour, materials, supplies and services (including transportation), no labour-related disruptions, no unplanned delays or interruptions in scheduled construction and production, all necessary permits, licenses and regulatory approvals are received in a timely manner, and the ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive. The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Accordingly, readers should not place undue reliance on forward-looking information. Such factors include, without limitation: fluctuations in gold prices, fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation), fluctuations in currency markets (such as the Canadian dollar versus the U.S. dollar), operational risks and hazards inherent with the business of mineral exploration, inadequate insurance, or inability to obtain insurance, to cover these risks and hazards, the Company’s ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner, changes in laws, regulations and government practices, including environmental, export and import laws and regulations, legal restrictions relating to mineral exploration, increased competition in the mining industry for equipment and qualified personnel, the availability of additional capital, title matters and the additional risks identified in the Company’s filings with Canadian securities regulators on SEDAR+ (available at ). Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Investors are cautioned against undue reliance on forward-looking statements or information. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

¹ For more information on the Kili Teke mineral resource, please refer to the independent National Instrument 43-101 Technical Report for the Kili Teke Cu-Au Project, Papua New Guinea, prepared by Graeme J Fleming, B. App. Sc., MAIG, and dated 18 November 2022. Mr. Fleming is a “qualified person” under NI 43-101 and is an independent consultant to the Company. Reference should be made to the full text of the Technical Report, which is available for review on SEDAR+ at . For summary refer to SPMC news release October 1, 2024.

² Refer to Harmony Gold news release dated April 13, 2016.

³ Historical assay data acquired by and reported on by previous operators has not been confirmed, with the exception of surface Cu-Au porphyry-style mineralization within the Skygate Cu-Au trend, hosted at the Mtn Gate prospect (see news release dated February 15, 2023). Extensive geophysical datasets over a vast expanse of the property have been acquired by the Company from previous operators, reviewed and interpreted. All historic data is determined to be reliable for the current interpretive use. Refer to SPMC news release October 30, 2024.

To view the source version of this press release, please visit

SOURCE: South Pacific Metals Corp.

MENAFN08042025004218003983ID1109403677

(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – April 2, 2025) – Royal Road Minerals Limited (TSXV: RYR) (” Royal Road ” or the ” Company “) is pleased to provide an update of exploration activities at its Lalla Aziza copper project in Morocco.

The Lalla Aziza copper mine is owned by Moroccan mining company, Carbomine SARL (“Carbomine” ). In December 2024, Royal Road entered into an Option Agreement (the “Agreement” ) with Carbomine, which provides the Company with an option to acquire 100% of the Lalla Aziza mining license. Summary terms of the Agreement are provided below.

Lalla Aziza is an underground copper-mine located in Morocco’s Western High Atlas, approximately 90 kilometers southwest of Marrakesh (see Figure 1). Sulphide ore (principally chalcopyrite; see Figure 2) is mined from shear-hosted vein- (dolomite) stockworks and breccia, up to 12 meters wide and from three underground levels over a vertical interval of 150 meters. Whole ore is shipped for sale at a cut-off grade of 2.5% copper (Non-JORC compliant, 35 dry-ton ore assay records, minimum 1.0% maximum 5.1% copper).

To view an enhanced version of this graphic, please visit:

To view an enhanced version of this graphic, please visit:

The mine area is located at the southwestern extent of Carbomine’s mining license area (see Figure 1). The mineralized shear-hosted vein-stockworks and breccia are nucleated on or close to carbonaceous schist and dolomite horizons and extend in a northeast direction across the license area for approximately 4 kilometers strike length. There is evidence for syn-mineralization sill-like intrusive bodies emplaced on or close to the shear zone. No previous exploration drilling has been conducted on the license area.

Royal Road has conducted geological mapping, underground and surface rock-chip and channel sampling and portable XRF (pXRF) soil sampling across the Lalla Aziza license area. Detailed findings are presented in Figures 1 and 3. The target concept at Lalla Aziza is a potential open-pit starter incorporating current workings, shear-controlled repeats and extensions in the footwall; immediate down-dip underground extensions below the current-level of the Lalla Aziza mine and folded repeats beneath the hangingwall to the southeast.

To view an enhanced version of this graphic, please visit:

88 underground channel samples from 27 separate channels at Lalla Aziza have returned best results of 4 meters at 5.3%, 3 meters at 5.2% and 3 meters at 2.6% copper (mean 2.5% copper, maximum 15.6% copper, minimum 0.003% copper) from sulphide mineralization. Best gold grades appear to be associated with vein-stockwork mineralization in the footwall schist sequence, with the best results returning 3 meters at 1.1 grams per tonne gold and 1.4% copper (mean 0.2 grams per tonne gold, maximum, 3.1 grams per tonne gold, minimum 0.0025 grams per tonne gold). Regional rock-chip sampling from along the shear zone elsewhere in the license area has returned up to 21.9% copper (mean 0.9% copper, minimum 0.003% copper) and 3.0 grams per tonne gold (mean 0.1 grams per tonne gold, minimum 0.0025 grams per tonne gold).

Royal Road is planning to commence up to 2000 meters of drilling at Lalla Aziza and has located drill holes subject to permitting.

Summary terms of the Agreement are as follows:

Royal Road have paid to Carbomine the sum of USD$50,000 upon execution of an initial Letter of Intent (superseded by the Agreement)

Upon execution of the Agreement, Royal Road have paid to Carbomine the sum of USD$200,000

Royal Road have committed to conducting a drilling program at Lalla Aziza, with total aggregate meters dependent upon results and entirely at the discretion of Royal Road

On or before the date being 60 days after the completion of the drilling program, or fourteen days following receipt of all the relevant and final geochemical analyses to the satisfaction of Royal Road (whichever date is later). Royal Road shall have the right to exercise the option to acquire 100% legal and beneficial ownership of the Carbomine mining licence and all mineral interests on the licence area from Carbomine, provided that upon full and unencumbered transfer of legal ownership of the mining licence to Royal Road, Royal Road shall pay to Carbomine the sum of USD$1,500,000

Upon the anniversary of the date on which Royal Road is registered as the legal and beneficial owner of the mining licence, RRM shall pay an annual fee of US$300,000 to Carbomine until the drawdown of project finance for a Bankable Feasibility Study

Upon the completion of the first Bankable Feasibility Study on the mining license and the drawdown of project finance for the purpose of such Bankable Feasibility Study, Royal Road shall pay Carbomine the sum of USD$2,500,000

Upon commencement of commercial production from the mining license, Carbomine shall be granted a net smelter return royalty of 2.5% in total (applicable to all mineral or metallic product extracted and recovered from the mining license) in respect of production from the license

About Royal Road Minerals:

Royal Road Minerals is a mineral exploration and development company with its head office and technical-operations center located in Jersey, Channel Islands. The Company is listed on the TSX Venture Exchange under the ticker RYR and on the Frankfurt Stock Exchange under the ticker RLU. The Company’s mission is to apply expert skills and innovative technologies to the process of discovering and developing copper and gold deposits of a scale large enough to benefit future generations and modern enough to ensure minimum impact on the environment and no net loss of biodiversity. The Company currently explores in the Kingdoms of Saudi Arabia, Morocco and in Colombia. More information can be found on the Company’s website .

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.

The information in this news release was compiled, reviewed and verified by Dr. Tim Coughlin, BSc (Geology), MSc (Exploration and Mining), PhD (Structural Geology), FAusIMM, President and CEO of Royal Road Minerals Ltd and a qualified person as defined by National Instrument 43-101

Cautionary statement:

This news release contains certain statements that constitute forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively, “forward-looking statements”) describing the Company’s future plans and the expectations of its management that a stated result or condition will occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or developments in the Company’s business or in the mineral resources industry, to differ materially from the anticipated results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-Looking statements include all disclosure regarding possible events, conditions or results of operations that is based on assumptions about, among other things, future economic conditions and courses of action, and assumptions related to government approvals, and anticipated costs and expenditures. The words “plans”, “prospective”, “expect”, “intend”, “intends to” and similar expressions identify forward looking statements, which may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-Looking statements of the Company contained in this news release, which may prove to be incorrect, include, but are not limited to the Company’s exploration plans.

The Company cautions you not to place undue reliance upon any such forward-looking statements, which speak only on the date they are made. There is no guarantee that the anticipated benefits of the Company’s business plans or operations will be achieved. The risks and uncertainties that may affect forward-looking statements include, among others: economic market conditions, anticipated costs and expenditures, government approvals, and other risks detailed from time to time in the Company’s filings with Canadian provincial securities regulators or other applicable regulatory authorities. Forward-Looking statements included herein are based on the current plans, estimates, projections, beliefs and opinions of the Company management and the Company does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.

Quality Assurance and Quality Control:

Sample preparation and analyses are conducted according to standard industry procedures at certified laboratories. Channel-chip samples were taken from continuous chisel cut channels of at-least 1cm depth. Samples were taken as continuous chips over 1m intervals. Samples were bagged in the field and sent to ALS Seville for analysis of gold by fire assay with an ICP-AES finish (method Au-ICP22) and multielements by four acid digest ICP-MS (method ME-MS61). QAQC materials included CRMs, blanks and duplicates inserted into sample batches on a ration of 1:10.

MENAFN02042025004218003983ID1109381718

(MENAFN– Newsfile Corp)
Scottsdale, Arizona–(Newsfile Corp. – April 2, 2025) – TriStar Gold Inc. (TSXV: TSG) (OTCQB: TSGZF) (the Company or TriStar) is pleased to confirm that TriStar President and CEO Nick Appleyard has returned from leave effective April 1, 2025. Please see the Company’s December 6, 2024 press release for details. Jessica Van Den Akker, who has assumed the role of Interim CEO during Nick’s absence, is continuing her role as a Director of TriStar.

In addition, the Company is also providing an update on the requests from a Federal Public Prosecutor to the government regulators related to TriStar’s Castelo de Sonhos gold project in Brazil: see the Company’s press release from October 1, 2024 for details. TriStar is pleased to confirm that there has not been any additional support for the Prosecutor’s position. The Pará Secretariat for the Environment and Sustainability (SEMAS), TriStar’s principal regulator, has shown strong support for the permitting process completed at Castelo de Sonhos; please see the Company’s press release from December 19, 2024, for details of the response from regulators.

“I remain confident in the robust permitting process completed at Castelo de Sonhos and see the support for this Project from SEMAS and the community as a testament to the potential benefits it could deliver,” says Nick Appleyard, TriStar President and CEO. “Our Preliminary License for Castelo de Sonhos was received in August 2024 and remains valid with no restrictions in place as we continue to look at financing options to advance the Project through drilling and feasibility to a construction decision. I would also like to thank TriStar Director Jessica Van Den Akker for assuming the interim CEO role during my absence and ensuring business continuity during this important time.”

About TriStar

TriStar Gold is an exploration and development company focused on precious metals properties in the Americas that have the potential to become significant producing mines. The Company’s current flagship property is the Castelo de Sonhos gold project in Pará State, Brazil. TriStar has completed a pre-feasibility study and is now working to advance the project towards a feasibility study while evaluating optimization options. The Company’s shares trade on the TSX Venture Exchange under the symbol TSG and on the OTCQB under the symbol TSGZF . Further information is available at .

ON BEHALF OF THE BOARD OF DIRECTORS OF THE COMPANY:

Nick Appleyard
President and CEO
480-794-1244

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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Forward-Looking Statements

Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation which are not historical facts and are made pursuant to the “safe harbour” provisions under the United States Private Securities Litigation Reform Act of 1995. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects” or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Such forward-looking statements are based upon the Company’s reasonable expectations and business plan at the date hereof, which are subject to change depending on economic, political and competitive circumstances and contingencies. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause the Company’s plans to change include changes in demand for and price of gold and other commodities (such as fuel and electricity) and currencies; changes or disruptions in the securities markets; legislative, political or economic developments in Brazil; effects of the COVID-19 virus on all aspects of the Company’s business, the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of the Company’s projects; risks of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company 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 applicable securities laws.

To view the source version of this press release, please visit

SOURCE: TriStar Gold Inc.

MENAFN02042025004218003983ID1109381463

(MENAFN– Newsfile Corp)
Rouyn-Noranda, Quebec–(Newsfile Corp. – April 2, 2025) – Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) (” Radisson ” or the ” Company “) is pleased to announce drill assay results from three new drill holes at its 100%-owned O’Brien Gold Project (” O’Brien ” or the ” Project “) located in the Abitibi region of Québec.

The three holes reported are all wedges completed from the previously reported pilot hole OB-24-337 (see Radisson News Release dated December 16, 2024; Figure 1). OB-24-337 was the deepest hole ever drilled at the Project and the first hole drilled directly below the historic O’Brien Mine workings. It intersected 242.0 grams per tonne (“g/t”) gold (“Au”) over 1.0 metre within a mineralized interval that averaged 31.24 g/t Au over 8.0 metres at approximately 1,500 metres vertical depth . Now, three new wedges have all returned additional high-grade gold intercepts, delineating a large zone of multiple veins with good continuity.

Highlights include:

OB-24-337W3 intersected 29.93 g/t Au over 2.2 metres, including 53.50 g/t Au over 1.2 metres and 4.54 g/t Au over 3.0 metres, including 7.61 g/t Au over 1.5 metres;

OB-24-337W1 intersected 4.44 g/t Au over 6.4 metres, including 18.65 g/t Au over 1.2 metres; and,

OB-24-337W2 intersected 9.62 g/t Au over 1.4 metres.

Matt Manson, President & CEO, commented: “On December 16, 2024 we reported that a deep pilot hole had intersected significant high-grade gold mineralization a full 500 metres below the base of the historic O’Brien Gold Mine. Today, we are reporting the results from the first three wedges drilled from this hole, all of which have hit multiple instances of gold mineralization in classic quartz-sulphide veins hosted in sheared and mineralized rocks of the Piché Group, the dominant host rocks for O’Brien gold mineralization. In fact, we are able model up to four such veins individually, with clear continuity between the drill holes and upwards towards mineralization documented at the base of former mine. Results are pending for two additional wedges that have been drilled, both of which show vein mineralization and visible gold consistent with the developing model.”

Matt Manson continued: “A primary focus of our 22,000-metre drill program this year is deep-step-outs below the Project’s existing mineral resources and the historic mine workings, in a ‘proof-of-concept’ approach that aims to identify the extension of mineralization to depth. We believe 2 kilometres is an appropriate exploration horizon, with 75% of the current mineral resources defined down to depths of only 600 metres. Today’s results are extremely encouraging and suggest that classic O’Brien gold mineralization is indeed extensive at depth, with important implications for the future scale of the Project.”

Figure 1 : Long Section and Plan View of Gold Vein Mineralization and Mineral Resources at the O’Brien Gold Project, with Today’s Drill Holes Illustrated.

To view an enhanced version of this graphic, please visit:

Table 1 : Detailed Assay Results from Drill Holes OB-24-337, and OB24-337W1 to 337W3

DDH	Zone		From (m)	To (m)	Core Length (m)	Au g/t – Uncut	Host Lithology
OB-24-337-Pilot (Previously Released 16th December, 2024)	O’Brien Mine		1,507.6	1,508.6	1.0	5.57	POR-S
	1,517.7	1,525.7	8.0	31.24	POR-S
Including	1,517.7	1,518.7	1.0	242.00	POR-S
	1,610.5	1,611.9	1.4	5.49	V3-N
	1,660.5	1,662.7	2.3	3.78	S3P
Including	1,660.5	1,661.6	1.2	5.78	S3P
OB-24-337W1	O’Brien Mine		1,513.3	1,514.8	1.5	3.82	V3-CEN
	1,575.5	1,581.9	6.4	4.43	V3-N
Including	1,575.5	1,576.7	1.2	18.65	V3-N
	1,618.7	1,619.7	1.0	3.67	V3-N
OB-24-337W2	O’Brien Mine		1,378.5	1,379.8	1.3	6.70	V3-N
	1,486.1	1,487.5	1.4	9.62	S1P
	1,530.0	1,532.0	2.0	4.36	V3-N
Including	1,531.0	1,532.0	1.0	5.90	V3-N
OB-24-337W3	O’Brien Mine		1,350.4	1,353.4	3.0	4.54	V3-S
Including	1,350.4	1,351.9	1.5	7.61	V3-S
	1,420.5	1,422.0	1.5	3.18	POR-S
	1,443.0	1,445.2	2.2	29.93	V3-CEN
Including	1,444.0	1,445.2	1.2	53.50	V3-CEN
	1,554.0	1,556.1	2.1	5.48	S3P

Notes on Calculation of Drill Intercepts:
The O’Brien Gold Project March 2023 Mineral Resource Estimate (“MRE”) utilizes a 4.50 g/t Au bottom cutoff, a The O’Brien Gold Project March 2023 Mineral Resource Estimate (“MRE”) utilizes a 4.50 g/t Au bottom cutoff, a US$1600 gold price, a minimum mining width of 1.2 metres, and a 40 g/t Au upper cap on composites. Intercepts presented in Table 1 are calculated with a 3.00 g/t Au bottom cut-off, representing the lower limit of cut-off sensitivity presented in the March 2023 MRE. This methodology differs from previous Radisson disclosure, and intercepts reported in this release may not be directly comparable to historical published intercepts. Sample grades are uncapped. True widths, based on depth of intercept and drill hole inclination, are estimated to be 30-80% of core length. Table 2 presents additional drill intercepts calculated with a 1.00 g/t bottom cut-off over a minimum 1.0 metre core length so as to illustrate the frequency and continuity of mineralized intervals within which high-grade gold veins at O’Brien are developed. Lithology Codes: PON-S3: Pontiac Sediments; V3-S, V3-N, V3-CEN: Basalt-South, North, Central; S1P, S3P: Conglomerate; POR-S, POR-N: Porphyry South, North; TX: Crystal Tuff, ZFLLC: Larder-Lake-Cadillac Fault Zone.

Gold Mineralization at O’Brien

Gold mineralizing quartz-sulphide veins at O’Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyric andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break (“LLCB”). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks.

As mapped at the historic O’Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to several metres in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with near-vertical, high-grade shoots developed over significant lengths.

Figure 3 illustrates modelling of four veins extending from the OB-24-337 pilot hole and wedges upward to the deepest underground working at the historic O’Brien mine. Vein V3-S_20 intersects OB-24-337W2 and W3 and is further supported by underground mapping in an exploration drift located to the south of the main mined out vein at level 3450. Vein V3-C_03 is intersected by the pilot hole and all three wedges and is further supported by underground mapping and the historic stope locations. Vein V3-N_02 is also intersected by the pilot hole and all three wedges and is further supported by historic underground drilling from the 3450 level. V3-N_03 is intersected by all four deep holes. Radisson’s vein modelling is undertaken dynamically as drilling proceeds and is used to guide future exploration and, ultimately, domaining for future resource estimation.

The historic O’Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t and over a vertical extent of at least 1,000 metres. Recent exploration has focussed on delineating well developed vein mineralization to the east of the historic mine, with additional high-grade shoots becoming evident in the exploration data over what has been described as a series of repeating trends (“Trend #s 0 to 5”).

Based on drilling complete to the end of 2022, the Project has estimated Indicated Mineral Resources of 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au), with additional Inferred Mineral Resources of 0.45 million ounces (1.60 million tonnes at 8.66 g/t Au). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

QA/QC

All drill cores in this campaign are NQ in size. Assays were completed on sawn half-cores, with the second half kept for future reference. The samples were analyzed using standard fire assay procedures with Atomic Absorption (AA) finish at ALS Laboratory Ltd, in Val-d’Or, Quebec. Samples yielding a grade higher than 10 g/t Au were analyzed a second time by fire assay with gravimetric finish at the same laboratory. Mineralized zones containing visible gold were analyzed with metallic sieve procedure. Standard reference materials, blank samples and duplicates were inserted prior to shipment for quality assurance and quality control (QA/QC) program.

Qualified Person

Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Nieminen is independent of Radisson and the O’Brien Gold Project.

Figure 2 : Cross Section through the historic O’Brien mine including drill holes OB-24-337, and 337W1 to W3.

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Figure 3 : Vein Modelling Across Drill Holes OB-24-337, and 337W1 to W3.

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Table 2 : Detailed Assay Results (see “Notes on Calculation of Drill Intercepts”)

DDH	Zone		From (m)	To (m)	Core Length (m)	Au g/t – Uncut	Host Lithology
OB-24-337-Pilot (Previously Released 16th December, 2024)	O’Brien Mine		1,507.6	1,508.6	1.0	5.57	POR-S
	1,517.7	1,525.7	8.0	31.24	POR-S
Including	1,517.7	1,518.7	1.0	242.00	POR-S
	1,550.5	1,552.0	1.5	2.38	V3-CEN
	1,610.5	1,611.9	1.4	5.49	V3-N
	1,660.5	1,662.7	2.3	3.78	S3P
including	1,660.5	1,661.6	1.2	5.78	S3P
OB-24-337W1	O’Brien Mine		1,488.5	1,489.5	1.0	1.13	POR-S
	1,513.3	1,519.3	6.0	1.89	V3-CEN
Including	1,513.3	1,514.8	1.5	3.82	V3-CEN
	1,540.4	1,543.3	2.9	1.98	V3-CEN/S1P
	1,575.5	1,581.9	6.4	4.43	V3-N
Including	1,575.5	1,576.7	1.2	18.65	V3-N
	1,591.2	1,593.7	2.5	1.51	V3-N
	1,618.7	1,621.8	3.1	2.49	V3-N
Including	1,618.7	1,619.7	1.0	3.67	V3-N
OB-24-337W2	O’Brien Mine		1,378.5	1,379.8	1.3	6.70	V3-N
	1,445.0	1,446.1	1.1	2.58	POR-S
	1,448.9	1,450.4	1.5	1.92	POR-S
	1,454.8	1,456.3	1.5	1.37	V3-CEN
	1,486.1	1,487.5	1.4	9.62	S1P
	1,510.8	1,512.1	1.3	1.06	V3-N
	1,530.0	1,532.0	2.0	4.36	V3-N
Including	1,531.0	1,532.0	1.0	5.90	V3-N
	1,549.9	1,551.4	1.5	1.72	S3P
	1,565.4	1,566.5	1.1	1.16	S3P
OB-24-337W3	O’Brien Mine		1,350.4	1,353.4	3.0	4.54	V3-S
Including	1,350.4	1,351.9	1.5	7.61	V3-S
	1,411.0	1,422.0	11.0	1.22	POR-S
Including	1,420.5	1,422.0	1.5	3.18	POR-S
	1,440.5	1,442.0	1.5	1.03	V3-CEN
	1,443.0	1,445.2	2.2	29.93	V3-CEN
Including	1,444.0	1,445.2	1.2	53.50	V3-CEN
	1,480.0	1,481.5	1.5	1.74	S1P
	1,525.3	1,526.7	5.4	1.34	V3-N
	1,554.0	1,556.1	2.1	5.48	S3P

Radisson Mining Resources Inc.

Radisson is a gold exploration company focused on its 100% owned O’Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. The Bousquet-Cadillac mining camp has produced over 25 million ounces of gold over the last 100 years. The Project hosts the former O’Brien Mine, considered to have been Québec’s highest-grade gold producer during its production. Indicated Mineral Resources are estimated at 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au), with additional Inferred Mineral Resources estimated at 0.45 million ounces (1.60 million tonnes at 8.66 g/t Au). Please see the NI 43-101 “Technical Report on the O’Brien Project, Northwestern Québec, Canada” effective March 2, 2023, Radisson’s Annual Information Form for the year ended December 31, 2023 and other filings made with Canadian securities regulatory authorities available at for further details and assumptions relating to the O’Brien Gold Project.

For more information on Radisson, visit our website at or contact:

Matt Manson
President and CEO
416.618.5885
…

Kristina Pillon
Manager, Investor Relations
604.908.1695
…

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-Looking statements including, but are not limited to, statements with respect to planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the ability to incorporate new drilling in an updated technical report and resource modelling, the Company’s ability to grow the O’Brien project and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-Looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the drill results at O’Brien; the significance of drill results; the ability of drill results to accurately predict mineralization; the ability of any material to be mined in a matter that is economic. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news 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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit

SOURCE: Radisson Mining Resources

MENAFN02042025004218003983ID1109381469

(MENAFN– PR Newswire)
In addition to 10 mg hemp THC, Select FormulaX offers a 50 mg boost of caffeine, similar to a can of soda or half of a cup of coffee, but free from artificial flavors, colors, sweeteners, and high fructose corn syrup. Available in Glacial Melt and Rocket Pop flavors, each can balances sweet and sour flavor notes with a delicious fruit medley to offer a crisp, refreshing taste with every sip. A thermo-temperature packaging feature turns the can color bright blue when it has reached the optimal chilled temperature for enjoyment. This new addition to the Select beverage portfolio is positioned to support those seeking a focused experience, ranging from the daytime festival goer to the extreme sports fan or the all-night e-gamer. Select FormulaX is ideal for adults seeking a higher dose of hemp THC, pairing bold flavors with a boost of energy for either day or night.

“The latest addition to our signature Select ‘X’ product line reinforces our dedication to expanding our product portfolio and integrating our own Farm Bill compliant products into the high growth, hemp-derived THC market,” said Boris Jordan, Chairman & CEO of Curaleaf. “Offering caffeine with 10 mg hemp THC presents a new and timely category to the hemp beverage space, and we’re proud to be the innovators behind this new experience to the market. It follows a trend we’re seeing among young adults who are seeking a beverage to enhance everyday activities, while also moving away from alcohol, and toward cannabis. Select Hemp Seltzers continue to grow in popularity across the hemp market nationally, and Select FormulaX is an excellent addition to our highly rated beverage line.”

Select FormulaX is the latest addition to Curaleaf’s growing portfolio of hemp-derived THC products. Through the Company’s online marketplace, Curaleaf offers consumers a diverse collection of carefully manufactured, expertly formulated, and Farm Bill-compliant hemp-derived products, including Select Zero Proof Seltzer, Select Fast-Acting Bites, Classic Bites, XBites, and Snooze Bites. The Company’s hemp portfolio is made in a certified cGMP facility containing only naturally derived THC from hemp, and are only sold to consumers 21+ bringing reliability, responsibility and quality to a growing marketplace of hemp-derived products.

To learn more about Select FormulaX and the Company’s other high-quality hemp products, including beverages and gummies, please visit: TheHempCompany .

About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF ) (“Curaleaf”) is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, JAMS, Find and Zero Proof provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is powered by a strong presence in all stages of the supply chain. Its unique distribution network throughout Europe, Canada and Australasia brings together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF.
For more information, please visit .

Forward Looking Statements:
This media advisory contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as “plans”, “expects” or “proposed”, “is expected”, “intends”, “anticipates”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning the launch of Select FormulaX. Such forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and uncertainties is contained under “Risk Factors and Uncertainties” in the Company’s latest annual information form filed on March 3, 2025, which is available under the Company’s SEDAR profile at , and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no 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. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. The Toronto Stock Exchange has not reviewed, approved or disapproved the content of this news release.

Contacts:

Investor Contact:
Curaleaf Holdings, Inc.
Camilo Lyon, Chief Investment Officer
[email protected]

Media Contact:
Curaleaf Holdings, Inc.
Jordon Rahmil, VP Public Relations
[email protected]

SOURCE Curaleaf Holdings, Inc.

MENAFN31032025003732001241ID1109374221

(MENAFN– Newsfile Corp)
Vancouver, British Columbia–(Newsfile Corp. – March 31, 2025) – South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) (” SPMC ” or the ” Company “) is pleased to report the successful completion of the Warden’s Hearing for the renewal of Exploration License EL 2310, covering the 253 km² concession comprising the Kili Teke Copper-Gold Project (the ” Project “), located in Papua New Guinea. The Project currently hosts an Inferred Mineral Resource defined on only a portion of the system: the Central Porphyry hosts 1.81 Moz Au, 802 kt Cu & 40 kt Mo contained metal, in 237 Mt at 0.34% cu, 0.24 g/t Au &, 168 ppm Mo ¹ (see January 12, 2023, press release and technical report available on SEDAR+ under the Company’s profile at ).

The Warden’s Hearing for EL 2310, which is a mandatory part of the renewal process for all exploration licenses in Papua New Guinea, took place on March 11, 2025, with principal landowners present. The meeting was conducted by senior Mineral Resources Authority Mining Warden Mr. Kopi Wapa and attended by community stakeholders and landowners who were supportive of EL 2310’s renewal and plans for exploration programs under new SPMC management. Renewals of exploration licenses are for two-year terms.

With road access to the tenement and a nearby airfield, the Project is situated in the Western Highlands of Papua New Guinea within the world-class producing Papuan Fold Belt and just 40 km west of Barrick/Zijin’s Porgera Gold Mine and only 20 km northwest of the Mt. Kare Project, a historic gold mine. The Project was acquired from Harmony Gold Exploration Limited (” Harmony Gold “) in 2023, having completed extensive exploration in and around a copper porphyry deposit (the ” Central Porphyry “). This included extensive diamond drilling of approximately 36,000 m at an estimated cost if US$20 million within the deposit.

Most recently, results from the latest targeting exercise (see October 1, 2024, press release ) have revealed 10 new exploration targets proximal to the Central Porphyry with at least three mineralization styles identified (see Figure 1), including bulk-tonnage copper-rich targets (Ieru Porphyry), Porgera-style gold-rich targets (Ridge Gold Area), and high grade skarn as evidenced by historical drilling that returned 12.98% Cu, 11.75 g/t Au and 21.07 g/t Ag over 7.8 m within 54 m @ 2.1% Cu, 1.82 g/t Au, 3.87 g/t Ag (from 878 m depth down hole)².

The Company is currently focused on landowner mapping and community engagement with the intention of commencing on-ground exploration that prioritizes additional discoveries of high-grade skarn and Porgera-style gold. The Company remains committed to responsible exploration, ensuring that all activities are conducted in a safe, ethical, and environmentally sustainable manner.

Figure 1: Map illustrating the Kili Teke Cu-Au Porphyry Complex, recently identified sub-surface targets and the 2.5 km x 1.5 km Au-Te-As surface geochemical footprint.
To view an enhanced version of this graphic, please visit:

About the Kili Teke Project

The Kili Teke Project consists of a 253 km² land package located approximately 40 km west of the Porgera Gold Mine, in the Western Highlands of Papua New Guinea. The Project is 100% owned by the Company and was acquired from Harmony Gold in late 2023. The majority of the previous exploration work completed by Harmony Gold focused on advancing the Central Porphyry to resource stage. This deposit hosts an Inferred Mineral Resource of 1.81 Moz Au, 802 kt Cu & 40 kt Mo contained metal, in 237 Mt at 0.34% cu, 0.24 g/t Au &, 168 ppm Mo ¹ . Harmony Gold also conducted regional exploration on the wider intrusive complex including mapping, rock chips, soil geochemistry, airborne geophysics (magnetics and radiometrics) and a small amount of trenching and drilling. There remains exciting potential for further Cu-Au porphyry, skarn and alkalic-epithermal mineralization on the Project.

Qualified Person

The scientific and technical information disclosed in this release has been reviewed and approved by Darren Holden, Ph.D., FAusIMM, a “Qualified Person” as defined under the Canadian Institute of Mining National Instrument 43-101, 2014 Standards of Disclosure for Mineral Projects. Dr. Holden is a Technical Advisor to the Company.

About South Pacific Metals Corp .

South Pacific Metals Corp. is an emerging gold-copper exploration company operating across Papua New Guinea’s proven gold and copper production corridors. With an expansive 3,100 km2 land package and four transformative gold-copper projects contiguous with major producers K92 Mining, PanAust and neighbouring Barrick/Zijin, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke, and May River.

Immediately flanking K92’s active drilling and gold producing operations to the northeast and southwest, SPMC’s Anga and Osena Projects are located within the high-grade Kainantu Gold District – each having the potential to host similar-style lode-gold and porphyry copper-gold mineralization as that present within K92’s tenements. Kili Teke is an advanced exploration project situated only 40 km from the world-class Porgera Gold Mine and hosts an existing Inferred Mineral Resource with multiple opportunities for expansion and further discovery. The May River Project is located adjacent to the world-renowned Frieda River copper-gold project, with historical drilling indicating potential for a significant, untapped-gold mineralized system. SPMC common shares are listed on the TSX Venture Exchange (TSXV: SPMC), the OTCQB Marketplace (OTCQB: SPMEF) and Frankfurt Stock Exchange (FSE: 6J00).

For further information please contact:

MENAFN31032025004218003983ID1109374281

(MENAFN– Newsfile Corp)
Port Moresby, Papua New Guinea–(Newsfile Corp. – March 27, 2025) – Adyton Resources Corporation (TSXV: ADY) (” Adyton ” or the ” Company “) is pleased to announce that Chirag Patel has joined the management team as Chief Financial Officer and Corporate Secretary effective immediately.

Mr. Patel is a Chartered Professional Accountant with extensive experience in financial management, tax reporting, and corporate strategy for various public and multinational firms, including multiple years’ experience specializing in the public mining sector. Mr. Patel holds a degree from Simon Fraser University.

The appointment follows the departure of Mr. Stephen Kelly as the Company’s CFO and Corporate Secretary effective immediately. Adyton would like to thank Mr. Kelly for his contributions made to the Company and wishes him well with his current and future endeavors.

ON BEHALF OF THE BOARD OF DIRECTORS

“Tim Crossley”

Tim Crossley, Chief Executive Officer
E‐mail: …
Phone: +61 7 3854 2389
Phone: +1 778 549 6768

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 press release.

ABOUT ADYTON RESOURCES CORPORATION

Adyton Resources Corporation is focused on the development of gold and copper resources in world class mineral jurisdictions. It currently has a portfolio of highly prospective mineral exploration projects in Papua New Guinea on which it is exploring to expand its identified gold Inferred and Indicated Mineral Resources and expand on its recent significant copper drill intercepts on the 100% owned Feni Island ‎project. The Company’s mineral exploration projects are located on the Pacific Ring of Fire on easy to access island locations which hosts several globally significant copper and gold deposits including the Lihir gold mine and ‎Panguna copper/gold mine on Bougainville Island, both neighboring projects to the ‎Company’s Feni Island project.

Adyton has a total Mineral Resource Estimate inventory within its PNG portfolio of projects comprising indicated resources of 173,000 ounces gold and inferred resources of 2,000,000 ounces gold.

The Feni Island Project currently has a mineral ‎resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred ‎mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, ‎assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled “NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland ‎Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and “qualified person” as defined in NI 43-101,available under Adyton’s profile on SEDAR+ at . Mineral resources are not mineral reserves and have not demonstrated economic viability.

The Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101 dated October 14, 2021 which outlined an indicated mineral resource of 4.0 million tonnes at an average grade of 1.33 g/t Au for contained gold of 173,000 ounces and an inferred mineral resource of 16.3 million tonnes at an average grade of 1.02 g/t Au for contained gold of 540,000 ounces. See the technical report entitled “NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay ‎Province, Papua New Guinea” prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and “qualified person” as defined in NI 43-101,available under the Company’s profile on SEDAR+ at . Mineral resources are not mineral reserves and have not demonstrated economic viability.

Adyton is also quoted on the Frankfurt Stock Exchange under the code 701:GR .

For more information about Adyton and its projects, visit .

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Qualified Person

The scientific and technical information contained in this press release has been prepared, reviewed, and approved by Dr Chris Wilson BSc (Hons), PhD, FAusIMM (CP), FSEG, FGS, the Chief Geologist and a Director of Adyton, who is a “Qualified Person” as defined by National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects.

Forward-Looking statements

This press release includes “forward‐looking statements”, including forecasts, estimates, expectations, and objectives for future operations that are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐Looking statements and information can generally be identified by the use of forward‐looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-Looking statements in this news release include plans pertaining to the drill program, the intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems . The forward‐looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.

Forward‐Looking information are based on management of the parties’ reasonable assumptions, estimates, expectations, analyses, and opinions, which are based on such management’s experience and perception of trends, current conditions and expected developments, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely manner; the availability of financing on suitable terms for the development; construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling program; and Adyton’s ability to comply with all applicable regulations and laws, including environmental, health and safety laws.

Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Adyton’s management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward-looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of and changes in the costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward‐looking statements. Such forward‐looking information represents management’s best judgment based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially. Readers are cautioned not to place undue reliance on forward-looking statements or information. Adyton Resources Corporation undertakes no obligation to update forward‐looking information except as required by applicable law.

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SOURCE: Adyton Resources Corporation

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