Metals Update 09/02/2021

Southern Intersects Bonanza-Grade Silver at Cerro Las Minitas with 8.0 Metres Averaging 1,072g/t Ag, 18.8% Pb and 7.5% Zn (2,040g/t AgEq) including 0.6 Metres Grading 3,180g/t Ag, 58.8% Pb and 2.3% Zn (5,148g/t AgEq)

Vancouver, British Columbia–(Newsfile Corp. – February 9, 2021) – Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) reported today that it has identified Bonanza-grade silver mineralization on a second target within the Mina La Bocona zone at the Cerro Las Minitas project, Durango Mexico. Drilling on the East side of the Cerro tested the down-dip projection of the La Bocona Chimney which was historically mined by artisanal miners to approximately 210 metres depth. Bonanza grade assays from drill hole 20CLM-131 returned:

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Excellon Resources has four rigs drilling at Platosa

Mr. Brendan Cahill reports

Excellon Resources Inc. has provide an update on continuing exploration at the Platosa project in Durango, Mexico, where four diamond drill rigs are currently active.

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Anaconda testing shows 89-98% Au recovery from Goldboro

Mr. Kevin Bullock reports

Anaconda Mining Inc. has provided the results from the recently completed metallurgical testing program for its 100-per-cent-owned Goldboro gold project in Nova Scotia, Canada. The latest Met Program was initiated based on recent drill results which have demonstrated the presence of significant near-surface gold mineralization, located adjacent to modelled high-grade zones. This lower grade background material, which exists across the deposit and had not been previously subject to metallurgical testing, could conceptually be mined with surface mining methods, along with the high-grade zones of mineralization previously subject to metallurgical testing. In total, the metallurgical program tested distinct grade bins ranging from 0.16 grams per tonne gold ("g/t gold") to 4.46 g/t gold, with an average head grade of 1.04 g/t gold. The metallurgical testing demonstrated excellent recoveries within composites representative of potential mill feed for the Project with a range of recoveries between 89% to 98%, complementing the feasibility-level metallurgical testing announced on July 9, 2019, which demonstrated a range of recoveries from 87% to 99% on higher grade areas of the deposit (head grades ranged between 0.90 g/t gold and 23.0 g/t gold).

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TriStar Gold – Appointment of Independent Director

Scottsdale, Arizona–(Newsfile Corp. – February 9, 2021) – TriStar Gold Inc. (TSXV: TSG) (OTCQX: TSGZF) (the Company or TriStar) is pleased to announce the appointment of Mr. Mark Isto to the Board of Directors as an independent director. Dr. Quinton Hennigh will be standing down from the Board of Directors but will continue to support the Company as a member of the technical advisory committee.

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The Barrick Alliance Further Expands its Sanru Project in Hokkaido to Cover Prospective Extensions

Vancouver, British Columbia–(Newsfile Corp. – February 9, 2021) – –Japan Gold Corp (TSXV:JG) (OTCQB:JGLDF) (“Japan Gold” or “the Company“) is pleased to announce the acceptance of new prospecting rights applications covering extensions to the Sanru Project by the Japanese Ministry of Economy, Trade and Industry (“METI”). The new applications total 9,571.7 hectares and cover prospective areas north and south of the Sanru Mine, on the west side of the Sanru Project, (Figures 1 & 2).

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Millrock Reports Amendment to 64North Gold Project Option Agreement With Resolution Minerals, Alaska

Highlights

  • The amendment provides Millrock with additional equity exposure in Resolution Minerals in return for a reduction in earn-in exploration expenditure requirements.
  • The amendment will allow Resolution Minerals to raise funds for continued drilling at the 64North gold project.
  • Resolution Minerals indicates it plans to drill at the Sunrise and East Pogo prospects in 2021.
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Altus Granted Exploration Licences Totalling 1,565 km2 in Eastern Egypt

DIDCOT, UNITED KINGDOM / ACCESSWIRE / February 9, 2021 / Altus Strategies Plc (AIM:ALS)(TSX-V:ALTS)(OTCQX:ALTUF) announces the granting of four gold exploration licences (“Licences“), comprising nine licence blocks, totalling 1,565 km2 located in the Eastern Desert of Egypt, to the Company’s 100% owned subsidiary Akh Gold Ltd, by the Egyptian Mineral Resource Authority (“EMRA“). A signing ceremony with EMRA is expected to be held shortly.

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Golden Predator drills 19.81m of 1.57 g/t Au at Brewery

Golden Predator Mining Corp. has provided the results from the final 16 of 32 reverse circulation drill holes from the 2020 work program at its licensed 100-per-cent-owned Brewery Creek mine project located approximately 55 kilometres by road from Dawson City, Yukon.

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Troilus drills three m of 6.66 g/t AuEq at Troilus

Troilus Gold Corp. has released new assay results from the fall/winter 2020 drill program at its 100-per-cent-owned Troilus gold project located in north-central Quebec, Canada. The following drill holes were received from the Southwest Zone, a priority growth target which was discovered and drilled in late 2019 and early 2020 (See Figure 1). These results have identified previously unidentified extensions of mineralization at depth, and confirmed continuity of mineralization within previously undrilled areas of the pit proposed in the Preliminary Economic Assessment (“PEA”) (See press release dated August 31, 2020).

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Resolution Minerals Ltd (RML.AX) Positive Revision of JV Agreement for 64North Project Alaska

2021-02-09 00:50 ET – News ReleaseAdelaide, Australia, Feb 9, 2021 – (ABN Newswire) – Resolution Minerals Ltd (ASX:RML) executed an Option, Earn-in and Joint Venture (JV) agreement on 17 October 2019 as Northern Cobalt Ltd (ASX:N27) (former company name of Resolution Minerals Ltd) with Millrock Resources Inc (CVE:MRO).

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