Metals Update 11/03/2021

Roscan Gold Continues to Expand and Upgrade the Kandiole North Discovery with a 2,000m Strike Length and 92m Depth That Remains Open – Intersects 4.13gpt over 10m and 5.43gpt over 7m

Toronto, Ontario–(Newsfile Corp. – March 11, 2021) – Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTC Pink: RCGCF) (“Roscan” or the “Company”) is pleased to announce the positive drill results at the Kandiole North discovery where the mineralized zone is expanding in size (Figure 1 and Figure 2). We continue to increase depth extension and strike length at Kandiole North with high-grade intercepts and the mineralized zones remain open. We have extended gold mineralization down to 92m depth at Kandiole North (Figure 3 and Figure 4).

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Roscan drills 10 m of 4.13 g/t Au at Kandiole

Roscan Gold Corp. has released positive drill results at the Kandiole North discovery where the mineralized zone is expanding in size. The company continues to increase depth extension and strike length at Kandiole North with high-grade intercepts and the mineralized zones remain open. The company has extended gold mineralization down to 92 m depth at Kandiole North.

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Anaconda starts 4,000 m drill program at Point Rousse

Anaconda Mining Inc. has initiated a 4,000-metre diamond drill program at its Point Rousse operation in Newfoundland. The drill program will include 1,000 metres of infill drilling at the Stog’er Tight extension and will also include 3,000 metres of diamond drilling to test several priority targets, which are within several kilometres of the Pine Cove mill and in-pit tailings facility.

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Globex Agrees to Sell Two Royalties for $13 million Cash and a Significant Equity Stake in Electric Royalties

ROUYN-NORANDA, Quebec, March 11, 2021 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, L&S Exchange, TTM Zone, Stock Exchangesand GLBXF – OTCQX International in the US) is pleased to inform shareholders that it has agreed to sell its Mid-Tennessee Zinc Mines royalty to Electric Royalties Inc. (ELEC-TSXV) for the following consideration:

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Aquila Resources Announces Amendments to Gold and Silver Streams With Osisko Gold Royalties and Provides a Corporate Update

Aquila Resources Inc. (TSX: AQA, OTCQB: AQARF) (“Aquila” or the “Company”) is pleased to announce that the Company and a subsidiary of Osisko Gold Royalties Ltd (“OGR”) have entered into definitive agreements to amend certain terms of the amended and restated gold purchase agreement dated June 16, 2020 (the “Gold Stream”) and the amended and restated silver purchase agreement dated June 16, 2020 (the “Silver Stream”) in order to provide additional flexibility to the Company.

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Treasury Metals Files PEA Technical Report for Goliath Gold Complex

TORONTO, March 11, 2021 /CNW/ – Treasury Metals Inc. (TSX: TML) (“Treasury” or the “Company“) is pleased to announce that it has filed on SEDAR the NI 43-101 Preliminary Economic Assessment Technical Report for the Goliath Gold Complex (the “PEA”), located near Dryden in northwestern Ontario. The results of the PEA were previously announced in the Company’s news release dated February 2, 2021. A copy of the PEA is also located on the Goliath Gold Complex’s Technical Reports page of the Company’s website.

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Freeman Expands Shallow High-Grade Oxide Gold Mineralizaton at Lemhi: 0.9 g/t Au over 174.2 metres Including 3.9 g/t Au over 18.5 metres

SALMON, Idaho, March 11, 2021 /CNW/ – Freeman Gold Corp. (CSE: FMAN) (FSE: 3WU) (“Freeman” or  the “Company“) is pleased to provide assay results of core from an additional 11 of 34 diamond drill holes on Freeman’s 100% owned Lemhi Gold Project located in Idaho. The objective of the 2020 Phase 1 drill program was designed to confirm historical mineralization and allow the use of over 355 historical drill holes in a maiden National Instrument 43-101 compliant resource estimate. The drill program focused on infill and step-out drilling within the known mineralized body to increase confidence and maximize the potential resource.

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Azarga investor AK Jensen increases holdings to 10.94%

AK Jensen Investment Management Ltd., through its Tees River Uranium Fund and Tees River Critical Resources Fund, has increased its ownership of Azarga Uranium Corp. to 10.94 per cent of the issued and outstanding common shares on a non-diluted basis and 12.58 per cent on a fully diluted basis.

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Steppe Gold to begin trading on OTCQX

Steppe Gold Ltd. has qualified to trade on the OTCQX Best Market. Steppe Gold Limited upgraded to OTCQX from the Pink market.

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Nighthawk Gold hopes to complete Tlicho Highway by fall

Nighthawk Gold Corp. has provided an update on the Tlicho Highway project (TASR), a permanent 97-kilometre two-lane gravel highway on a former winter road alignment from Highway 3, roughly 40 kilometres (km) south of Behchoko to the community of Whati, NWT, Canada.

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