Metals Update 03/03/2021

Westhaven Closes C$15 Million Bought Deal Public Offering

VANCOUVER, British Columbia, March 03, 2021 (GLOBE NEWSWIRE) — Westhaven Gold Corp. (TSX-V:WHN) (“Westhaven” or the “Company”) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”). Pursuant to the Offering, Westhaven issued 21,378,500 units of the company (the “Units”), including 2,788,500 Units issued in connection with the exercise in full of the over-allotment option granted to Raymond James Ltd. in connection with the Offering, at a price of C$0.70 per Unit for gross proceeds of C$14,964,950.

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Namibia Critical Metals Announces CDN$500,000 Private Placement and Appointment of New CFO

HALIFAX, NS / ACCESSWIRE / March 3, 2021 / Namibia Critical Metals Inc. (“Namibia Critical Metals” or the “Company”) (TSXV:NMI) today announced it intends to complete a non-brokered private placement in the amount of up to $500,000 consisting of units offered at a price of $0.25 per unit (“Private Placement”) representing a 11% discount to the closing price of the common shares of the Company on March 1, 2021. Each unit will consist of one common share and one warrant. Each whole warrant will be exercisable for one common share at a price of $0.35 for a period of 12 months. A maximum of 4,000,000 common shares of Namibia Critical Metals will be issued pursuant to the Private Placement (assuming full exercise of all warrants). The Private Placement is subject to the approval of the TSX Venture Exchange (“TSXV”).

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Golden Predator to acquire Viva Gold

Golden Predator Mining Corp. and Viva Gold Corp. have entered into a definitive arrangement agreement whereby Golden Predator will acquire all of the outstanding securities of Viva Gold by way of a plan of arrangement under the Business Corporations Act (British Columbia).

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Golden Predator Mining Corp. and Viva Gold Corp Enter into Business Combination Agreement

VANCOUVER, BC / ACCESSWIRE / March 3, 2021 / Golden Predator Mining Corp.(TSXV:GPY)(OTCQX:NTGSF) (“Golden Predator“) and Viva Gold Corp. (TSXV:VAU)(OTCQB:VAUCF) (“Viva Gold“) are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement“) whereby Golden Predator will acquire all of the outstanding securities of Viva Gold by way of a plan of arrangement (the “Arrangement“) under the Business Corporations Act (British Columbia) (the “Transaction“).

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OROCO COMPLETES AIRBORNE MANETICS SURVEY AND UPDATES 3D IP SURVEY PROGRESS AT SANTO TOMAS

Vancouver, March 03, 2021 (GLOBE NEWSWIRE) — Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or “the Company”) is pleased to announce the successful completion of the airborne component of a helicopter magnetics survey over the Santo Tomas Project (“the Project”), and to provide an update on the 3D induced polarization survey in progress on the Project.

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Kootenay Silver begins drilling Columba

A 5,000-metre core drilling program has commenced at Kootenay Silver Inc.’s Columba silver project, located in Chihuahua state, Mexico.

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Anaconda starts 3,500 m drill program at Goldboro

Anaconda Mining Inc. has initiated a new 3,500-metre diamond drill program at the company’s 100-per-cent-owned Goldboro gold project in Nova Scotia. The drill program follows the significantly expanded mineral resource estimate announced on Feb. 22, 2021, with the aim of converting high-priority inferred resources that reside within one of the constrained open pits outlined in the updated mineral resource.

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Copper Fox JV to drill up to 4,000 m at Schaft Creek

Copper Fox Metals Inc. has provided its shareholders an outline of the 2021 program for the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia. The Schaft Creek project is managed through the Schaft Creek joint venture (SCJV). Teck Resources Ltd. is the operator of the SCJV and holds a 75-per-cent interest with Copper Fox holding the remaining 25-per-cent interest.

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Eastern Platinum releases retreatment project summary

Eastern Platinum Ltd. has provided the retreatment project operations technical summary for 2019 and 2020. The Retreatment Project is operated by the Company’s subsidiary, Barplats Mines (Pty) Ltd. (“Barplats”) at its Crocodile River Mine property in South Africa.

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