Fabled Copper Announces Results of Annual General Meeting

2022-12-07 15:34:20 By : Ms. Alice hu

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces that all proposed resolutions were approved at the Company's Annual General Meeting of Shareholders held on October 27, 2022

Shareholders voted in favor of all the resolutions proposed by the Board of Directors and management of the Company. A total of 23,250,379 common shares were voted, representing 13.39% of total shares issued and outstanding as of the record date.

• The number of directors of the Company was set at five (5) and shareholders approved the re- election of David W. Smalley, Peter J. Hawley, Luc Pelchat, Louis Martin and Patrick Donovan.

• Davidson & Company LLP, Chartered Professional Accountants, were re-appointed as auditors of the Company for the ensuing year and the directors have been authorized to fix their remuneration.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Company's property package consists of the Muskwa Project and the Bronson Property and comprises approximately 16,219 hectares in three non-contiguous blocks and located in the Liard Mining Division in northern British Columbia

Mr. Peter J. Hawley, President and C.E.O. Fabled Copper Corp. Phone: (819) 316-0919 peter@fabledcopper.org

For further information please contact: info@fabledcopper.org

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

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The demand for copper is expected to grow a whopping 600 percent by 2030, according to Goldman Sachs. However, the estimated 5.4 million tons in expected demand will not be met without new production. This anticipated supply gap has pushed copper prices to all-time highs including copper price estimates as high as C$5.25 per pound for the end of 2021, according to CIBC.

The exploding demand for copper stems from the fact that it is the most widely used metal in renewable energy and is considered a cornerstone for all electricity-related technologies, according to IEA. Its unique electrical conductivity places it above other metals such as aluminum, nickel and zinc. The recent all-time high prices of copper coupled with further price growth make copper investments a highly attractive opportunity for investors.

Fabled Copper (CSE:FABL) is well-funded, the recently announced 6 million dollar financing was oversubscribed and resulted in the financing closing at 6.9 million. Fabled Copper Corp is an early-stage exploration company focused on exploring, identifying and acquiring copper in highly prospective regions in Canada and through the use of its cutting-edge technology. The company is led by a strong management team with over 20 decades of combined experience and proven track records in mining, exploration and financing.

Fabled Copper is the result of increasing shareholder value from its parent company Fabled Siler Gold by becoming a public company to explore its copper assets.

The company is now under a new and highly experienced management team, including current management members of SSR Mining Inc. (TSE:SSRM) and GFG Resources Inc. (CVE:GFG) and a co-founding member from Niogold Resource Corporation (CVE:NOX) which is now known as Osisko Mining (TSE:OSK).

Fabled Copper owns multiple claim blocks in northern British Columbia, including Davis-Keays, Churchill Copper, Fort Reliance, David-Keays North (Okey), Bronson, Windermere and Toro-Churchill. All of the company’s claims are located near the town of Fort Nelson in a world-class and mining-friendly jurisdiction with significant historical copper production on the copper belt.

The company’s project includes impressive copper reserve estimates and grades with limited historical exploration. Copper reserves are estimated to be as high as 1,424,007 tonnes with grades as high as 10.2 percent across all of the company’s BC properties.

The company’s claims in British Columbia are located near several producing mines and deposits. Located near the decommissioned Bell Mine that was previously owned by Glencore PLC (LON:GLEN), the Bell mine has historically produced 667 million pounds of copper, 0.4 million ounces of gold and 2.2 million ounces of silver.

Fabled Copper has a strong foundation for growth with the use of its cutting-edge technology and modern exploration tools for expanding the known mineralization zones. The company believes there is significant blue sky potential based on positive diabase mapping results. The company is confident that the size of the historical resource will increase with systematic exploration. The company also has strong support from First Nations communities which is crucial to the development of any mining program.

Fabled Copper recently closed an oversubscribed financing round of C$6.9 million, despite a goal of only C$6 million. The company plans to use its strong cash position to fund operations on its projects, including helicopter support, field crews, sample assays, drone surveys, compilation work and working capital and general corporate purposes.

Fabled Copper has already completed extensive exploration work, including GIS compilation, satellite imagery interpretation and localized field observations on the Toro property. The company has also integrated historical mapping from 1970 with high-resolution satellite imagery on the Bronson property which led to a new diabase interpretation. Fabled Copper has also completed a sample catchment basin analysis, regional targeting and regional airborne geophysics to define the target mapping area.

Fabled Copper is in the process of conducting further field and exploration work on the British Columbia properties and drilling work on the Mexico property. The company has deployed a field crew of 10 people, including geologists and geophysicists in British Columbia who are sampling, mapping and conducting drone work on both pre-existing and potential new copper occurrences and deposits. A property scale airborne gravity survey is also being considered for targeting purposes.

The company plans to begin a drilling program on the BC properties in the summer of 2022 based on the sample results from the 2021 exploration program regarding drill collar locations. Moving forward, the company plans to release footage and assay results from exploration to drilling as they are obtained.

The Muskwa property is composed of three separate claim block which are Neil, Toro and Bronson.

The Neil vein has been traced over a strike length of 1185 metres and a vertical extent of at least 579 metres. The vein has only been examined part way down the mountain and appears to continue another 1000 metres to the valley floor. The vein follows a northeast trending shear which is approximately 1100 metres long, 30 metres wide and 1500 metres vertical.

The Toro-Churchill district property consists of the Toro, John, Ho and Churchill veins. The Toro vein contains copper grades of 2.95 percent. The Toro vein width was measured at 2.4 metres, a minimum length of 1,830 metres and a minimum vertical extent range of 500 to 1,000 metres. The Churchill vein contains copper grades of 1.5 percent and could be an extension of the Toro vein which is 3,000 metres north. The Churchill vein width was measured at 3.91 metres and a minimum length of 3,000 metres. There are also four unexplored veins in the Toro area.

From 1967 to 1969, previous owners conducted underground drilling and development which led to a proven and probable mineral reserve of over 1 million tonnes and copper grades of 3.92 percent including a 20 percent dilution factor. From 1970 to 1975, development led to the production of 14,673 tonnes of recovered copper. The copper was extracted from 498,132 tonnes of milled ore which established a copper grade of 2.95 percent. It was estimated that only 42 percent of the original reserve estimate was mined when the mine closed.

The property has copper grades of 8.8 percent, gold grades ranging from 0.34 to 0.68 percent and silver grades ranging from 3.4 to 6.8 percent based on rock sampling. However, a historical sample on the property found copper at 18.9 percent and cobalt at 0.295 percent with historical grab samples indicating copper as high as 42 percent.

The main vein on the Bronson district property is Bronson. The copper grades found on the property were 9.2 percent based on 18 samples from eight veins. The Bronson vein width was measured at 1.43 metres and a minimum length of 1,400 metres. There are also eight other unexplored veins.

The property was previously assessed in 1991 in which potential copper grades were estimated to be 2 to 3 percent of 13,600,000 tonnes of copper. The previous assessment included potential gold grades up to 5.83 gpt and potential silver grades up to 116.6 gpt.

The main veins on the David-Keays district property include Eagle and Harris. The Eagle vein includes historical reserves of 1,424,007 million tonnes of copper at 3.42 percent grades above the 6400 level. The Eagle vein width measured at 2 metres in width, a minimum length of 1200 metres and a minimum vertical extent of 427 metres. The Eagle vein is also characterized as quartz-carbonate with chalcopyrite mineralization. The Harris vein has copper grade ranges from 3.77 percent to 7.73 percent. The Harris vein width measured between 1.25 to 2.25 metres and a minimum length of 150 metres. There are also 18 unexplored veins on the David-Keays property.

The historical indicated reserve on the David-Keays property is 3.7 million tonnes at a 2.5 percent cut-off grade of copper. The estimated reserve on the property is 1.4 million tons with grades of 2.5 percent copper. Historical sampling on the property in 1992 found copper as high as 24.32 percent in the Eagle vein.

The main vein on the Churchill Copper district property is Magnum measured at 2.4 metres in width, a minimum length of 853 metres and a minimum vertical extent of 365 metres. Mined ore on the property is 498,000 tonnes with copper grades of 3 percent. Historical reserves of copper are 1,068,674 tonnes with grades of 3.92 percent.

The property was mined from 1970 to 1973.

The main vein on the Fort Reliance district property is the Reliance vein. Historical reserves include 214,000 tonnes at grades of 5.5 percent. The Reliance vein width was measured at 2 metres.

Drilling conducted in 1973 on eight holes on the property revealed 3.4 percent of copper over 1.5 metres.

The main vein on the David-Keays North (Okey) district property is Neil. The vein width was measured at 3 metres, a minimum length of 1,186 metres and a minimum vertical extent of 380 metres.

The breccia found on the property was observed in 1971 with copper grades of 4.8 percent. Historical work involving trenching over 40 metres revealed IOGC Breccia with copper grades of 8 percent. In 1990, it was estimated the potential economic grade was 1,235,000 tonnes.

Fabled Copper traced the Neil vein over a strike length of 1185 metres and a vertical extent of at least 579 metres. Assays from a deep trench that cross-cuts the Neil breccia showed a copper grade range from 3.4 to 10.2 percent. Exploration conducted by the company, including a high-level MAG survey on the property which found structural blocks and a deep-seated magnetic body with shallower linear bodies and dykes.

Peter Hawley is the co-founder of Fabled Copper which is now Fabled Silver Gold Corp. Hawley is also the founder of Scorpio Mining Corporation (renamed Americas Gold and Silver Corporation). Hawley is also the founder of Scorpio Gold which is a Nevada open pit gold producer. Hawley is also a co-founder of Niogold Resource (renamed Osisko Mining). He has over 35 years of mining industry experience that spans grassroots exploration through to development and production.

David Smalley is a corporate finance and securities lawyer who has practiced for 28 years. He has been a director and officer of public companies for over 19 years. Smalley was one of the founders of Canaco Resources.

Luc Pelchat is the founder and president of the Canadian Chamber of Commerce in North Mexico. Following 24 years with a Canadian multinational company operating in the construction industry, Pelchat formed a number of his own companies and has realized multiple projects in the construction industry in Mexico.

Louis Martin has been a major contributor to the co-discovery of several gold and base metal deposits during his more than 35-year-long career working for major, mid-tier and junior mining companies. His experience includes exploration and development roles throughout Quebec, Ontario and British Columbia. Martin has been fortunate to be part of the exploration teams that were awarded the Discovery of the Year by the AEMQ (Quebec Mineral Exploration Association) for the West Ansil Deposit (2005) and the Louvicourt Deposit (1989). He brings a wealth of technical experience that spans from generating and managing projects, to advanced project studies and mine development.

Pat Donovan is a retired geologist with over 30 years of experience in mineral exploration and project development. Donovan is a former director of the Prospectors and Development Association of Canada. He was the Vice President of Corporate Development with Detour Gold Corp.

From 1991 to 1996, he was responsible for all Québec exploration activities at Placer Dome Canada. From 1999 to 2006, Donovan managed advanced exploration projects, including Tulawaka and Buzwagi, in Tanzania with Barrick Gold Corporation. From 2006 to 2008, Donovan managed and delivered positive feasibility studies for both the Chinese and Canadian requirements at Hunter Dickinson Inc. He worked on the Xietongmen copper-gold project in Tibet, China for Continental Minerals Corporation. Donovan also previously worked for Consolidated Trillion Resources Ltd. during which he managed all exploration programs in Zimbabwe. He is also a graduate of St. Francis Xavier University with a major in Geology.

Brian R. Booth brings more than 30 years of experience in mineral exploration throughout Canada, Europe and Southeast Asia. Brian was previously CEO and board member of Pembrook Copper Corp., where he developed the copper resource at Pecoy in Peru. He also served as the CEO, president and director of Lake Shore Gold Corp., where he completed an acquisition of the Bell Creek mine and mill and led the team that discovered the Timmins West, Thunder Creek and Bell Creek deep deposits. Booth began his career as a geologist on the Casa Berardi gold discoveries in Quebec. He opened Inco's exploration office in Val d'Or, Quebec and is credited with the discovery of the Douay West gold deposit in 1990 and was subsequently appointed to the board of Societe D'Exploration Miniere Vior Inc. In 1994, as Inco's Manager Exploration in Eastern North America, he conducted the preliminary assessment of the Voisey's Bay Ni-Cu-Co discovery. Booth later managed Inco's exploration office in Jakarta and was involved, through a JV with Highlands Gold, in the discovery of the Beutong copper-porphyry in Sumatra. He holds a B.Sc. in Geology from McGill University and is also a member of the Professional Geoscientists of Ontario. Booth is also a director of SSR Mining Inc. and GFG Resources Inc.

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the results of 2022 surface field work on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

The Project is comprised of the Neil Property, the Toro Property and the Bronson Property all located in northern British Columbia. See Figure 2 below.

Peter Hawley, President, CEO reports; "The area west of the Toro vein was visited by a 3-person field team consisting of 2 geologist and 1 geo technician during the 2022 field season where it was explored and sampled vertically over 241 meters from 1,927 meters to 2,268 meters. A total of 12 samples were collected, all float samples. Of the 12 samples collected, 8 assayed greater than 0.5% copper. See Figure 3 below.

Figure 3- Area West of Toro Vein Location

Float sample D-723809 of float, near the summit, of weathered rusty orange quartz veining with abundant malachite and 1% chalcopyrite returned 0.50% copper. See Table 1, Photo 1 below.

Float sample D-723810 taken 8 meters vertically below of similar veining and mineralization returned 1.00% copper, whereas two meters above at an elevation of 2,200 meters a float sample of similar veining assayed 0.49% copper, see Table 1 below.

One hundred vertical meters below at an elevation of 2,100 meters float sample D-723813 of quartz weathered reddish black and brassy yellow with blue specs on a fresh surface contained 3-4% chalcopyrite and 3-5% bornite assayed 10.55% copper. Float sample D-723814 taken at the vertical altitude of 2,268 meters assayed 0.37% copper. See Table 1 below.

Float sample D-723815 of quartz veining weathered orange brown with recessive weathering contained moderate malachite traces of chalcopyrite and bornite and assayed 1.05% copper. See Table 1 and Photo 2 below.

Fifteen meters above a float sample of similar material was sampled and reported 0.44% copper.

Float sample D-723817 taken at the 2,012-meter elevation consisted of the same beige quartz carbonate veining with abundant malachite and 3% chalcopyrite assayed 2.62% copper. See Table 1 and Photo 3 below.

A further 67 meters vertically below float sample D-723818 of similar veining assayed 0.25% copper. See Table 1.

Eighteen meters vertically below float sample D-723819 of the same beige quartz carbonate veining with abundant malachite and 0.5% chalcopyrite and bornite returned 1.70 % copper. See Table 1 and Photo 4 below.

The next float sample D-723820 taken at 1,962 meters vertically of breccia at the contact of the veining consisted of gray-black siltstone and shale fragments and contained abundant malachite copper alteration and 1-1% chalcopyrite and assayed 2.25% copper. At the 1,979-meter elevation the last float sample was collected of quartz veining with seams of carbonate and minor malachite and trace of chalcopyrite assayed 0.83% copper. See Table 1 below.

Table 1 - Area West of Toro Vein Sample Results

As per protocol, all sample locations were taken with GPS along with GPS enabled field cameras of photos of the sampled units. The photos, sample locations and all assay data pertaining to the assay taken, (36 elements were assayed) were tagged in a geo tag format for plotting in .kml / .kmz GIS systems such as Google Earth.

Additional releases on the 2022 exploration program of the Muskwa area will be forth coming in the following weeks.

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project is located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O. Fabled Copper Corp. Phone: (819) 316-0919 peter@fabledcopper.org

For further information please contact: info@fabledcopper.org

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the results of 2022 surface field work on it's Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

The Project is comprised of the Neil Property, the Toro Property and the Bronson Property all located in northern British Columbia. See Figure 2 below.

Peter Hawley, President, CEO reports; "A total of 59 specific areas were mapped and prospected during the 2022 field season. The Brad vein was visited by a 3-person field team consisting of 2 geologist and 1 geo technician on July 2, 2022 where it was sampled vertically over 255 meters from the valley floor at 1,160 meters to 1,415 meters. A total of 5 samples were collected, 3 floats and 2 grab samples. Of the 5 samples collected, 4 assayed greater than 0.5% copper. See Figure 3 below.

Figure 2- Toro Property, Brad Vein Location

Float sample D-723645 was collected at the valley floor returned and 0.65% copper whereas float sample D-723646 ,taken 8 meters vertically above, assayed 4.98% copper, 1.08 g/t gold and .61 g/t silver. Note the gold content as this is rarely seen on the property. See Table 1 and Photo 1 below.

A further 19 meters vertically above float sample D-723647 consisted of quartz with minor malachite copper alteration with 20% chalcopyrite as massive patches, disseminated and as fracture filling. This assayed an impressive 13.85% copper with 0.15 g/t Au and 7.42 g/t silver. See Table 1 and Photo 2 below

Photo 2 - Float Sample D-723647 - 13.85% Copper

A further 182 meters vertically grab sample D-723648 reported 0.74% copper with 0.02 g/t gold and 0.80 g/t silver. This sample consisted of white quartz with minor malachite copper alteration and some gray siltstone fragments and contained 1-2% chalcopyrite as patches. See Table 1 and Photo 3 below.

Final grab sample D-7223649 was taken at the highest point sampled at 1,415 meters vertically and reported only trace copper, gold silver.

Table 1 - Brad Vein Sample Results

On August 5th the same team explored the creek valley north of the Brad Vein occurrence and a total of 8 float samples were taken over a vertical elevation of 31 meters with one sample reporting an impressive 16.05 % copper with 0.84 g/t gold and 5.29 g/t silver. Note the gold and silver showing up again. Of the 8 samples taken5 reported greater that 0.5% copper.

At an altitude of 1,142 meters float sample D-723794 of float assayed 0.14 % copper and 0.43 g/t silver, see table 2 below.

Whereas, as you can see, 2 meters below sample # D-723795 of quartz with minor carbonate patches and shale / silt fragments with moderate malachite alteration and 2-3% chalcopyrite as blebs and disseminations returned 0.24% copper and 0.13 g/t silver. See Table 2 and Photo 4 below

A further 3 meters vertically below that last sampled, float sample D-723796 consisted of a massive quartz carbonate vein with 2-5% disseminated chalcopyrite and returned 0.55% copper with 0.68 g/t silver.

Yet another 3 meters vertically below a large out cropping of vein, float sample D-723797was sampled and assayed 0.94% copper with 0.42 g/.t silver. See Table 2 and Photo 5 below.

Two meters vertically below, float sample D-723799 composed of massive buff white quartz carbonate veining with moderate malachite copper alteration and 3-8% disseminated chalcopyrite reported 5.07% copper with 0.19 g/t gold and 2.27 g/t silver. Again, gold and silver reporting with the copper. See Table 2 and Photo 6 below.

An additional 11 meters vertically below, float sample # D-723800 of similar veining returned 5.51% copper, 0.62 g/t gold and 1.14 g./t silver. Again, with elevated gold and silver values along with the copper. See Table 2 and Photo 7 below.

Float sample D-723801, 17 meters vertically down slope of similar veining reported 0.47% copper with trace gold and 0.16 g/t silver.

At the floor of the valley following the creek north of the Brad Veining a large quartz vein was encountered behind a waterfall. Float sample D-723802 taken at an elevation of 1,111 meters and consisted of green - green grayish quartz with mottled brassy yellow with green spots on the chalcopyrite on a broken fresh surface. Up to 35% chalcopyrite as massive patches and blebs with 2% bornite with the chalcopyrite. This sample retuned an impressive 16.05 % Copper with 0.84 g/t gold and 5.29 g/t silver. See Table 2 and Photo 8 below.

Table 2 - Creek North of Brad Vein Assay Results

All sample locations were taken with GPS along with GPS enabled field cameras of photos of the sampled units. The photos, sample locations and all assay data pertaining to the assay taken, (36 elements were assayed) were tagged in a geo tag format for plotting in .kml / .kmz GIS systems such as Google Earth.

The reporting of the 2022 field season works are just being compiled as assay results become available. Already the team not only found new extensions of the Brad Veining but gold-silver domain associated with the copper mineralized found in this area. This certainly appears worth while to follow up on.

An additional releases on the 2022 exploration program of the Muskwa area will be forth coming in the following weeks.

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O. Fabled Copper Corp. Phone: (819) 316-0919 peter@fabledcopper.org

For further information please contact: info@fabledcopper.org

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital

on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces that it has received preliminary data from the 2002 underground LIDAR Survey conducted in August 2022 on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

The Muskwa Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. See Figure 2 below.

Peter Hawley, President, CEO reports; " It has been a pleasure working with the CAN Office of Applied Research and Innovation with this ground breaking underground LIDAR survey on the Muskwa Project and look forward to the next stage once all surface and underground point clouds have been meshed together."

The object of the underground LIDAR survey was to develop and test a work flow process for the use of autonomous UAV systems or mounted systems to create and continuously update an as-built 3-D model oof the underground development of the Eagle and Harris veins specifically levels 6400' and 6950' of the Eagle deposit using "Simultaneous Localization And Mapping (SLAM) optimization methods to create a 3D point cloud data set.

A less that 10 cm georeferenced accuracy was accomplished in past process trials. The output data will be available in .las, .csv, or .ply format with all files georeferenced.

The exynpak and geoslam discovery pack systems, note books and geomatics surveying equipment such as robotic total station, YPS backsight, RTK GPS system, etc..

From August 1 to August 5, 2022, CNA Office of Applied Research and Innovation (OARI) employees Blair Bridger, Charlie Dalton, and Dr. Gary Thompson were at Fabled Copper's Muskwa mine site in northern British Columbia.

The purpose of this trip was to test whether Mobile Mapping Systems (MMS) could be used to generate an accurate georeferenced dense point cloud of old underground workings. The resulting 3-D model would then be used to collect geospatially referenced samples for assay, which then could be used to generate a 43-101 compliant resource. The MMS used were the GeoSLAM Zeb Horizon and the ExynPak, in both the Eagle vein and the Harris vein.

The initial plan was to install control points inside the Eagle Vein using traditional survey techniques and use these controls points to geo-reference the collected scan data. This proved to be impossible due to ice buildup in the first 100 m of the adit that reduced the effective height to less than 1.3 m.

The total station used and to establish control points it requires a minimum of 1.5m to operate. To overcome this issue, control was established outside the entrance of the Eagle vein and used to geo-reference an initial scan that subsequent scans would be aligned with during post-processing. This same procedure was applied to the Harris vein.

Photo 1- 6400 Level portal base stations set up

Figure 3 - 6400 Level LIDAR Survey at Audit, note definition of portal base station set ups

A total of 913.93 meters horizontally was surveyed at the 6400 level of the Eagle Vein. See Figure below.

Figure 4 - Plan View of LIDAR Survey of 6400 Level, Eagle Vein

During post-processing, the team encountered some issues when aligning subsequent scans of the Eagle vein to the first georeferenced scan. The scans were roughly aligned manually in Veesus's Arena4D software, and a fine registration algorithm was run in the same software.

It was found that a combination of manual and automated registration was most effective for this application. While the registration is not perfect the error observed should not be an issue when identifying coordinates of drill targets.

In areas measured, the maximum error was 3.61 cm. Had there been no ice buildup on the interior floor of the mine, a traverse could have been run, placing coordinated points throughout the vein. This would have greatly improved both the accuracy and efficiency of registration, and should the opportunity arise, this is the method that will be used in future scans.

The Harris vein was able to be completed in one georeferenced scan, so there were no alignment issues present as can be seen by the high-resolution shots below in Figures 5 and 6.

Figure - 5 2021 Photo of end of drift Location, Figure - 6 2022 Same underground Location by LIDAR

In preliminary processing, it was found that mineral veins are partly visible in the scans as seen below. Note comparison between photograph and LIDAR scan at same location showing the strike and dip in Figure 7.

Figure 7 - 6400 Eagle Vein with exact GPS location.

Below in Figure 8 the copper bearing vein is clearly visible on the back or roof by LIDAR on the 6400 level of the Eagle Vein with the exact location of mineralization plus structures at an accuracy of 3.61 cm.

Below in Figure 9 the mineralized veining continues to be visible on the back or the roof of the 6400 level but as seen by the GPS coordinates this location is 248.012 meters East and 172.39 meters north with an elevation change of plus 1.99 meters from the shot in Figure 8.

Figure 10 is at the bottom of the adit entrance of the 6400 level. Note the ladder for reference. Press HERE for LIDAR video of entrance into the adit and the first part of a two parts LIDAR survey thru the level.

In closing, using this cutting-edge technology and now having the 3-D point cloud we can integrated this with our surface UAV drone missions over the Davis Keays Eagle Vein plus add our 2021 and 2022, sampling results, structural mapping and geophysics.

The Company will keep the shareholders informed as data becomes available.

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O.

Fabled Copper Corp. Phone: (819) 316-0919 peter@fabledcopper.org

For further information please contact:

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces that from mid-June - Early September 2022 they were successful in securing 4 adit entrances on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

The Muskwa Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. The Neil Property was the location of the various adits secured during 2022. See Figure 2 below.

Peter Hawley, President, CEO reports; " We at Fabled Copper Corp are continuing to work diligently to ensure effective stewardship of the lands by securing open adit entrances which could be a potential hazard not only to the guide and outfitter of the area but also wildlife. By taking this approach not only do we prevent a potential accident but also secure the historical adits in case access is required at a future time."

"As always Fabled Copper acknowledges that the Muskwa project occurred on lands and in watersheds of importance to Kaska, Fort Nelson First Nation, and Treaty 8 Nations. We are honoured to share responsibility for the stewardship of these places."

From mid-June - early September 2022 the Fabled crew worked on the cleaning and rehabilitation of 4 adits entrances

A 1 tonne mini-excavator was slung into and moved around by a 205 helicopter during the moves. See Photo 1 below.

Photo 1 - Excavator Move by Helicopter

The first of the 4 adits worked on was the Davis Keays Eagle Vein 6400 level, followed by the Eagle Vein 5950 level, the 5800 level of the Harris vein and then the final adit for the season, the Magnum 5200 level.

Davis Keays Eagle Vein 6400 Level

The initial snow clearing began in mid-June as at the 6,400-foot elevation the spring melt had not begun at that time. See Photo 2 below.

Photo 2 - 6400 Level Snow Removal.

Once all the snow was removed from all exposed rock faces including the back or the roof of the entrance of the adit, all were then mechanically scraped to remove all loose debris that could pose a safety hazard and two munster heaters were placed in the entrance to melt the ice plug. See Photos 3-4 below.

Photo 3 - Cleaning 6400 level adit

Photo 4 - Heaters in Entrance

While the ice plug was thawing out, the base at the entrance was constructed and a tower built to clear future snow falls and a door with lock installed, see Photo's 5,6 and 7 below.

Photo 5 - Base Being Constructed

Photo 6 - Tower Being Constructed

Photo 7- Final door installed on Davis Keays 6400 level.

Davis Keays Eagle Vein 5950 Level

The excavator was then slung by a 205 helicopter to the Davis Keays 5950 level at a lower elevation and the same process was performed. See Photo's 8-11 below.

Photo 8 - Snow at Audit Entrance 5950 Level

Photo 9 - Back / Roof Inspection of 5950 Level

Photo 10 - Wood Timber Supporting the Roof / Back of the Adit Entrance

Photo 12 -Final door installed on Davis Keays 5950 level.

The excavator was then moved by helicopter to the Harris Adit location and once again the same process was completed. See Photos 13 and 14 below.

Photo 13 - 5800 Level Harris Vein Adit Before

Photo 14 - 5800 Level Harris Vein Adit After

Once again, the excavator was move by helicopter to the Magnum Mine 5200 level adit and the same procedure was done once again. See Photos 15 and 16 below.

Photo 15 - 5200 Level Magnum Mine before

Photo 16 - 5200 level magnum Mine After

In closing, this major undertaking which not only included the slinging of the excavator by helicopter but also all the wood and metal to support building the adit closures was done under budget and on time. The first priority is to look out for the safety of our workers and to prevent any potentially dangerous situations to people and wild life.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O.

For further information please contact:

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces that in August 2022 the legacy site clean-up was successfully accomplished under time and under budget on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

The Muskwa Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. The Bronson Property was the location of the legacy exploration camps and related equipment circ 1971 left behind. See Figure 2 below.

Peter Hawley, President, CEO reports; "We commend Tom Fulton, Chair, Director of the Northeastern British Columbia Wildlife Fund (NEBCWF) for spearheading the Gataga River Basin clean-up, which took place in August 2022. This project involved the clean-up and removal of 119 abandoned fuel drums (weighing 2,304kg) and 1,896kg of other assorted waste from an area of the Gataga River Basin commonly used by both northern mountain caribou and thin horn stone's sheep.

The project was managed by the NEBCWF in partnership with the Wild Sheep Society of British Columbia, Fabled Copper Corp., North Country Projects Ltd., Shifting Mosaics Consulting, Northern Fire WoRx Corp., Stone and Folding Mountain Outfitters, Qwest Helicopters, the Northern Rockies Regional Municipality and we acknowledge the financial support of the Province of British Columbia.

We acknowledge that this project occurred on lands and in watersheds of importance to Kaska, Fort Nelson First Nation, and Treaty 8 Nations. We are honored to share responsibility for the stewardship of these places and all who inhabit them for our current and next seven generations and beyond."

The NEBCWF was notified of the contaminated sites in 2017 by a FLNRORD employee engaged in a mountain goat survey in the Gataga River basin.

On July 26 2018, a NEBCWF crew travelled to the Gataga sites to inventory what was there, obtain flying distances, and assess airstrip condition in order to develop a cost-estimate for clean-up. This trip was paid for by the NEBCWF. The crew located 119 fuel drums across the three sites as well as a variety of other waste: from the remains of old buildings, to cans and bottles, to appliances. Much of the waste likely originated from the historical Gataga Camp which was abandoned in 1971 (See Photo 2).

NEBCWF volunteers also observed that the area was used extensively by thin horn stone's sheep and northern mountain caribou, which had left many tracks within the basin, and was ideal habitat for grizzly bear and other large carnivores.

Over the next few years, NEBCWF contacted local guide outfitters, the Habitat Conservation Trust Foundation, the Peace-Williston Fish and Wildlife Compensation Program, Ministry of Environment, and the Muskwa-Kechika Advisory Board (M-KAB) to explore cost sharing possibilities for the Gataga clean- up. NEBCWF also connected with other organizations for funding and project support and reached out to Kaska Dena Council, Kwadacha Nation, and Daylu Dena Council to engage them for interest. The NEBCWF received support letters from all three Indigenous Communities as well as the NEBCWF executive, M-KAB, and the Wild Sheep Society of British Columbia. In addition, NEBCWF itself donated to this project and notified local outfitters (when able to get a hold of them) of project timing so as not to interfere with their activities.

In early July 2021 Fabled Copper's crew began to work in the area and were notified about the legacy camps and fuel barrels in the Bronson area. Peter Hawley, President, CEO visited the site in early August 2021 and this is what he had to say, (CLICK HERE).

This led to a meeting with Jim Fulton, NEBCWF President and Peter Hawley while he was a site, see Photo 1. Jim was presented with a complete inventory of all materials left behind at the site by Windermere Exploration in 1971 that was documented. See Photo 2

PHOTO 1 - P. HAWLEY, LEFT; JIM FULTON, RIGHT

PHOTO 2 - LEGACY 1971 INVENTORY LEFT BEHIND

In addition, Fabled Copper pledged its support to clean up the sites by supplying helicopter time for manpower and slinging loads.

The final clean-up began on August 6, 2022, with the involvement of several area businesses and non-profits supporting the NEBCWF.

Though managed by the NEBCWF, this initiative involved several local businesses and non-profits who aided with logistics, labor, equipment, funding, and transportation. The WSSBC obtained and provided $75 000 in funding which was matched and exceeded by the following participants: Fabled Copper Corp., North Country Projects Ltd. (NCPL), Shifting Mosaics Consulting (SMC), Northern Fire WoRx Corp. (NFWRx), Stone and Folding Mountain Outfitters, and Qwest Helicopters (Qwest). The Northern Rockies Regional Municipality (NRRM) also contributed to the clean-up through waiving dump fees for the associated waste.We acknowledge the financial support of the Province of British Columbia.

The legacy Gataga clean-up began on August 6, 2022. To reduce transportation costs, NEBCWF crew camped in the area for three nights while sorting waste from the identified clean-up sites into piles for transport and disposal. Wood waste was burned on site (following the regulations) and metal waste above a certain length was cut into smaller pieces for easier transport. Piles were not more than 2m x 3m at any time. (PRESS HERE for video)

PHOTO 3 - NEBCWF crew cutting pipes for easier transport. Photo: T. Fulton, August 2022.

PHOTO 4 - Sorted waste ready for transport and disposal. Metal waste (R) is netted for helicopter slinging. Photo: T. Fulton, August 2022.

An AStar helicopter forwarded waste piles (PRESS HERE for video) to a central clean-up site where they were packaged and netted in preparation to be long-lined directly to the Mile 113 staging off the Alaska Highway using a larger 205 helicopter.

Crews utilized "super nets", which enabled the helicopter to transport up to 39 fuel drums at once, minimizing the number of trips required with the 205.

At the Mile 113 staging, NCPL, Qwest, SMC and NFWRx staff loaded waste onto trailers and trucked it to the Fort Nelson dump for disposal. See Photo's 5 & 6 for before and after clean up. Photos 7,8,9 of material removed and final crew.

PHOTO 5 - prior to clean-up, showing abandoned fuel drums and other waste piles. Photo: T. Fulton, August 2022.

PHOTO 6 - Project area post-clean-up with previous locations of waste and burn piles visible. Photo: T. Fulton, August 2022.

PHOTO 7 - Fuel drums were loaded onto flat deck trailers at the Mile 113 staging for transport to the Fort Nelson dump. Photo: S. Neudorf, August 2022

PHOTO 8 - Various waste was deposited by hand into the dumpster at the Mile 113 staging Photo: S. Neudorf, August 2022

PHOTO 9 - 2,360kgs of fuel drums were removed from the Gataga River Basin to the Fort Nelson dump. Final handling crew included: SMC, NFWRx, NCPL, and Qwest. Photo: S. Leverkus, August 2022.

The type of contamination and garbage dumping that lead to the waste in the Gataga River basin should no longer be taking place in the region. In addition to wider policy change over time, companies such as project-partner Fabled Copper Corp are working diligently to ensure effective stewardship of the lands they develop. Non-profits such as WSSBC are dedicated to conserving valuable wildlife habitat in Northeast BC and it has been very effective and efficient to work in collaboration with them. As such, after the clean-up of the identified sites, we hope to focus attention in the surrounding basins and watersheds to decrease the risk of this type of pollution occurring in the area again.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O. Fabled Copper Corp. Phone: (819) 316-0919 peter@fabledcopper.org

For further information please contact:

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

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1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") announces that it came to an agreement to sell its Lac Arsenault Project to Canada Gold Resources Ltd (the "Purchaser")

The Purchase Price for the Mining Claims shall be Six Hundred Thousand Canadian Dollars ($600,000.00CAD) payable as follows:

Sylvain Laberge President & CEO: "The sale of Lac Arsenault is part of our strategy of concentrating efforts on our existing Copper Projects. Further, we continue to evaluate additional strategic metal opportunities in the Province of Quebec."

About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and underexplored region "Gaspé Québec". With a dedicated management team, the Company's goal is to create shareholder value through the discovery of new deposits.

(signed) "Sylvain Laberge"

Sylvain Laberge President and CEO 514.702.9841 Slaberge@1844resources.com

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/146920

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Toronto, Ontario TheNewswire - December 5, 2022 Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to report the discovery of rare earth mineralization during a recent drill program on the Nagagami Project northwest of Hearst, Ontario.

Anomalous values of rare earth metals encountered throughout hole NG-22-02

High values of 0.36% Ce and 0.12% Nd

0.53% Total Rare Earth Oxides (TREO) over 4.0 metres plus a separate zone of 0.48% over 11.0 metres*.

TREO values above include 0.090% Nd over 4.0 metres* plus 0.087% Nd over 11.0 metres*.

Analyses have been received for the Company's Nagagami Project near Hearst, Ontario. A total of 1,302 meters were drilled in two vertical holes to test the theory that Rare Earth Element ("REE") and Niobium ("Nb") mineralization could be found in the Nagagami Carbonatite Complex. The target of the drilling was a magnetic low in the centre of the Nagagami Complex that is geologically comparable to niobium- and rare earth-bearing complexes discovered and mined elsewhere. The St Honore, (Niobec) Carbonatite in Quebec is such a complex that is mining separate REE- and Nb-bearing zones.

The Nagagami carbonatite complex is not exposed in outcrop on the property because it is covered by overburden and Paleozoic sediments. That requires geophysical data be used to place the drill holes.

Although anomalous REE values were encountered in both holes, the best results were obtained from Hole NG-22-02.:

408.0 to 412.0 metres*, 0.53% Total Rare Earth Oxides (includes 0.090% Nd ) and

417.0 to 427.0 metres*, 0.48 % Total Rare Earths Oxides (includes 0.087% Nd ).

The 5 metre core interval between these two intersections has not been sampled but is expected to generate similar values because it consists of the same rock type. That would extend the mineralization to a core length of 20 metres*. Additional sampling of the 5 metre interval and core elsewhere in the hole is scheduled to be completed in December.

Total Rare Earth Oxides = Ce 2 O 3 +Dy 2 O 3 +Er 2 O 3 +Eu 2 O 3 +Gd 2 O 3 +Ho 2 O 3 +La 2 O 3 +Lu 2 O 3 +Nd 2 O 3 +Pr 2 O 3 +Sc 2 O 3 +Sm 2 O 3 +Tb 2 O 3 +Tm 2 O 3 +Yb 2 O 3 +Y 2 O 3

This result is a new discovery which has not been explored previously. The extent of the zones has not been established at this time, however the company controls about 150 km 2 of potential ground.

The best niobium (Nb) intersection was also encountered in Hole NG-22-02 (155 metres below REE values):

*true width not known at this time

Although this niobium result was lower than anticipated, geological evidence indicates that carbonatite complexes tend to be zoned and the location of REE mineralization does not necessarily coincide with the Nb-bearing zones. The St Honore deposit in Quebec has both a rare earth zone (REE) and a separate niobium (Nb) zone.

Vance White CEO Noble Minerals commented: "We are very pleased to have found rare earth mineralization in the second hole of a test drill program.  The potential target area is 150 square kilometres, and, to date, we have only explored about 1 square kilometre. We have a lot of work to do."

Uses of Rare Earth Minerals

Manufacturing permanent magnets is the largest global use of REE's accounting for 29% of forecasted demand. China presently leads the market by producing 140,000 tonnes of REE's in 2020. This amount accounts for almost 60% of global production. The Global rare earth market is projected to grow from current USD 5.3 billion to USD 9.6 billion by 2026.

("Nd, Pr") Neodymium and Praseodymium – Power the strongest types of rare earth magnets which enable the conversion of electrical energy into motion via permanent-magnet motors. Permanent magnets are an essential component of electric vehicles and modern electronics including, cell phones, televisions, computers, and automobiles and more robust commercial applications.

For a video on the Nagagami drill project, please see:

https://www.youtube.com/watch?v=K69UH7RT9MY

Historical exploration results disclosed in this news release are non-compliant with the requirements of National Instrument 43-101.

Michael Newbury PEng (ON), a "qualified person" as such term is defined by National Instrument 43-101, has reviewed the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Noble.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd., Go Metals Corp. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central Newfoundland.  Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its ~14,600 hectares in the Nagagami Carbonatite Complex and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, ~518 hectares in the Laverlochere Nickel, Copper, PGM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec.  More detailed information is available on the website at:

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB."

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations: ir@noblemineralexploration.com

Copyright (c) 2022 TheNewswire - All rights reserved.

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Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTQB: FOMNF) ( Frankfurt : 2OA ) is pleased to announce the appointment of Mr. Richard Leveille to the Company's board of directors, bringing it to a total of five members.

Mr. Richard Leveille has an accomplished career that spans over forty years. He attended the University of Utah , graduated with a B.Sc. in Geology, and later completed his Master's in Geology from the University of Alaska.

His work experience progressed through companies such as AMAX, Kennecott, Rio Tinto, and Phelps Dodge . Notably, Mr. Leveille was also the Senior Vice President of Exploration for Freeport Copper & Gold, where he managed the team that helped add significant copper to reserves and made the Chukarui Peki discovery in Serbia, which shared the 2016 PDAC Thayer Lindsley International Mineral Discovery Award.

Since his retirement at Freeport in 2017, Mr. Richard Leveille has been working as a Consulting Geologist focusing on mineral exploration projects in Australia , South America , and the United States .

Forte is pleased to welcome Mr. Richard Leveille to the team. " Richard is a great addition and brings extensive mining industry expertise to the Company. We believe we've established a well-rounded group of professional board members and look forward to utilizing everyone's knowledge to generate shareholder value," said Patrick Elliott , President & CEO.

The Company has granted Mr. Richard Leveille 250,000 stock options with an exercise price of $0.20 , exercisable for five years.

The Company is committed to maximizing shareholder value through acquiring, exploring, discovering, and developing copper and gold projects in Perú. Moving rapidly along the line of opportunity towards a value maxima is very attractive to investors. Significant value growth is generated when early-stage exploration moves towards resource definition while zoning in on target development and eliminating the early-stage grassroots risk. All three of Forte's properties offer this opportunity, with tremendous upside considering their geological potential.

On behalf of Forte Minerals CORP.

(signed) " Patrick Elliott " Chief Executive Officer

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

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

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

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Toronto, Ontario TheNewswire - December 2, 2022 Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to announce the closing of its previously announced (see the news release dated November 15, 2022) non-brokered private placement (the " Private Placement ") whereby it raised gross proceeds of $562,500 (before fees and expenses) through the issuance of 6,250,000 flow-through common share units (" FT Units ") priced at $0.09 per unit. Each FT Unit was comprised of one common share issued as a "flow-through share" as defined in the Income Tax Act (Canada) and designated as a flow-through common share (" FT Share ") and one-half non-flow-through common share purchase warrant, each full warrant being exercisable for three years for one common share in the capital of the Company at an exercise price of $0.11 per common share.

In connection with the Private Placement, the Company paid cash commission of $31,500 and issued 350,000 broker warrants exercisable for three years for one common share in the capital of the Company at an exercise price of $0.09 per common share.

The securities issued in this Private Placement are subject to a four month hold period.

The closing proceeded after conditional approval of the Private Placement was granted by the TSX Venture Exchange (the " Exchange "), and remains subject to final approval of the Exchange, as well as any other required regulatory approvals.

Noble intends to use the proceeds raised through the Private Placement to fund exploration expenditures on the Company's properties located in Quebec.

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd., Go Metals Corp. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central Newfoundland.  Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its ~14,600 hectares in the Nagagami Carbonatite Complex and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, ~518 hectares in the Laverlochere Nickel, Copper, PGM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec.  More detailed information is available on the website at www.noblemineralexploration.com .

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB".

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations: ir@noblemineralexploration.com

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FPX Nickel Corp. (TSXV: FPX), (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce that it has closed the private placement financing (the " Private Placement ") with a new corporate strategic investor (the " Strategic Investor "), as previously announced in the Company's November 29, 2022 news release.

Under the terms of the Private Placement, FPX has issued 24,000,000 common shares (" Common Shares ") in the capital of the Company to the Strategic Investor at a price of $0.50 per Common Share, for gross proceeds of $12 million . On completion of the Private Placement, the Strategic Investor now owns approximately 9.95% of FPX's issued and outstanding Common Shares on a non-diluted basis.

The Company intends to use the net proceeds of the Private Placement primarily for development activities at the Project, including the completion of a preliminary feasibility study and continuance of ongoing environmental baseline activities, as well as general corporate purposes. The Common Shares issued pursuant to the Private Placement are subject to a hold period of four (4) months and one (1) day from the date of issuance in accordance with applicable securities laws. No finders' fees or commissions are payable on the Private Placement.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release does not constitute an offer of securities for sale in the United States . The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under United States federal and state securities laws or an applicable exemption from such United States registration requirements.

The Company's Decar Nickel District claims cover 245 km 2 of the Mount Sidney Williams ultramafic/ophiolite complex, 90 km northwest of Fort St. James in central British Columbia . The district is a two-hour drive from Fort St. James on a high-speed logging road.

Decar hosts a greenfield discovery of nickel mineralization in the form of a naturally occurring nickel-iron alloy called awaruite (Ni 3 Fe), which is amenable to bulk-tonnage, open-pit mining. Awaruite mineralization has been identified in four target areas within this ophiolite complex, including the Baptiste resource, and the B, Sid and Van targets. All four target areas have been confirmed by drilling, petrographic examination, electron probe analyses and outcrop sampling. Since 2010, approximately US$32 million has been spent on the exploration and development of Decar.

Of the four targets in the Decar Nickel District, the Baptiste deposit, which is the most accessible and has the biggest surface footprint, has been the focus of diamond drilling since 2010 with a total of 99 holes and 33,695 m of drilling completed. The Sid target was tested with two holes in 2010 and the B target had a single hole drilled in 2011; all three holes intersected nickel-iron alloy mineralization over wide intervals with DTR nickel grades comparable to the Baptiste deposit. At the Van target, the Company followed up 2021's highly successful maiden drilling program with an aggressive step-out program in the summer of 2022, with results forecast for sequential release in the fourth quarter of 2022 and first quarter of 2023.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.

On behalf of FPX Nickel Corp.

"Martin Turenne" Martin Turenne , President, CEO and Director

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

Information set forth in this news release may involve forward-looking statements under applicable ‎securities laws. Forward-looking statements are statements that relate to future, not past, events. In ‎this context, forward-looking statements often address expected future business and financial ‎performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", ‎and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken ‎or occur, or other similar expressions. All statements other than ‎statements of historical fact included herein including, without limitation, statements regarding potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, ‎proposed timing of exploration and development plans, any anticipated benefits to be derived from the Private Placement, the Company's working capital position on completion of the Private Placement, and the use of proceeds of the Private Placement are by their nature forward-looking statements that involve known and ‎unknown risks, uncertainties and other factors which may cause our actual results, performance or ‎achievements, or other future events, to be materially different from any future results, performance ‎or achievements expressed or implied by such forward-looking statements. Such factors include, ‎among others, the following risks: operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; the fact that the Private Placement may not close as scheduled or at all; and the additional risks identified ‎in the annual information form of the Company or other reports and filings with the TSX Venture Exchange and ‎applicable Canadian securities regulators. Forward-looking statements are made based on ‎management's beliefs, estimates and opinions on the date that statements are made and the ‎Company undertakes no obligation to update forward-looking statements if these beliefs, estimates ‎and opinions or other circumstances should change, except as required by applicable securities laws. ‎Investors are cautioned against attributing undue certainty to forward-looking statements.‎

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Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. ("Queen's Road Capital") on June 2, 2021, April 4, 2022 and September 2, 2022 (the "Convertible Debentures") the Company has elected to issue 10,172 common shares in the capital of the Company ("Common Shares") at a deemed price of US$10.28 (C$13.80) to Queen's Road Capital as payment for US$104,568 (C$140,304) in interest owing on the Convertible Debentures.

Under the terms of the Convertible Debentures, interest is payable quarterly, five per cent in cash and three per cent in shares, at the greater of: (i) the 20-day volume weighted average price prior to the interest payment date; or (ii) the Discounted Market Price (as such term is defined in the policies of the TSX Venture Exchange (the "TSX-V")).

The issuance of the Common Shares as payment for interest owing on the Convertible Debentures is subject to the terms and conditions of the Convertible Debentures as well as the receipt of all requisite approvals, including, without limitation, the approval of the TSX-V.

About Queen's Road Capital Investment Ltd.

Queen's Road Capital Investment Ltd. is a leading financier to the global resource sector. The company is a resource focused investment company, making investments in privately held and publicly traded resource companies.

It is intended that the company will acquire and hold securities for both long-term capital appreciation and short-term gains, with a focus on convertible debt securities and resource projects in advanced development or production located in safe jurisdictions.

Queen's Road Capital Investment Ltd. is listed on the TSX under the ticker: QRC.

About Los Andes Copper Ltd.

Los Andes Copper Ltd. is an exploration and development company with an 100% interest in the Vizcachitas Project in Chile. The Company is focused on progressing the Project, which is located along Chile's most prolific copper belt, into production. Vizcachitas is one of the largest copper deposits in the Americas not controlled by the majors and the Company believes it will be Chile's next major copper mine.

The Project is a copper-molybdenum porphyry deposit, located 120 kilometres north of Santiago, in an area of very good infrastructure. The Company's Preliminary Economic Assessment (the "PEA"), delivered in June 2019, highlights that the Project has a post tax NPV of $2.7 billion and an IRR of 26.7%, based on a $3.50 per pound copper price. It also has a Measured Resources of 254.4 million tonnes having a grade of 0.439% copper and Indicated Resource of approximately 1.03 billion tonnes having a grade of 0.385% copper. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the technical report dated June 13, 2019, with an effective date of May 10, 2019 and titled "Preliminary Economic Assessment of the Vizcachitas Project", prepared by Tetra Tech.

The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.

Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

Antony Amberg CGeol FGS, the Company's Chief Geologist, is the qualified person who has reviewed and approved the scientific and technical information contained in this news release. The QP has validated the data by, supervising the sample collection process, through chain of custody records and inspecting the detailed technical data and quality control and assurance information.

For more information please contact:

Santiago Montt, Interim CEO santiago.montt@losandescopper.com Tel: +56 2 2954-0450

Elizabeth Johnson, Investor Relations Elizabeth.johnson@losandescopper.com

E-Mail: info@losandescopper.com or visit our website at: www.losandescopper.com Follow us on twitter @LosAndesCopper Follow us on LinkedIn Los Andes Copper Ltd

Certain of the information and statements contained herein that are not historical facts, constitute "forward-looking information" within the meaning of the Securities Act (British Columbia), Securities Act (Ontario) and the Securities Act (Alberta) ("Forward-Looking Information"). Forward-Looking Information is often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend"; statements that an event or result is "due" on or "may", "will", "should", "could", or might" occur or be achieved; and, other similar expressions. More specifically, Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such Forward-Looking Information. Such Forward-Looking Information includes, without limitation, the timing of and ability to obtain TSX-V and other regulatory approvals and the prospects, details related to and timing of the Vizcachitas Project. Such Forward-Looking Information is based upon the Company's assumptions regarding global and Chilean economic, political and market conditions and the price of metals and energy and the Company's production. Among the factors that have a direct bearing on the Company's future results of operations and financial conditions are changes in project parameters as plans continue to be refined, a change in government policies, competition, currency fluctuations and restrictions and technological changes, among other things. Should one or more of any of the aforementioned risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the Forward-Looking Information. Accordingly, readers are advised not to place undue reliance on Forward-Looking Information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Information, whether as a result of new information, future events or otherwise.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/146538

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