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AbraSilver Intersects Additional High-Grade Silver and Gold Mineralization: 109m at 292 g/t AgEq, Including 6m at 1,180 g/t AgEq

Additional 250-Metre Step-Out Hole in Northeast zone Intersects:  21m at 6.0 g/t gold-equivalent in oxides

Toronto – TheNewswire – September 16,…

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Additional 250-Metre Step-Out Hole in Northeast zone Intersects:  21m at 6.0 g/t gold-equivalent in oxides

Toronto – TheNewswire – September 16, 2021: AbraSilver Resource Corp. (TSXV:ABRA) (OTC:ABBRF) (“AbraSilver” or the “Company”)  is pleased to report additional high-grade drill results from the latest diamond drill holes of the Company’s ongoing Phase II drill program, on its wholly-owned Diablillos property in Salta Province, Argentina.

Hole DDH 21-038 was drilled in the Tesoro zone as part of a program to continue to upgrade Indicated Resources to the Measured category, while hole DDH 21-039 was drilled in the Northeast zone approximately 250 metres beyond the open pit resource shell.  Assay results from the two key highlight holes are summarized in Table 1 below, with results from all additional holes included in Table 2.

Table 1 – Drill Result Highlights of Holes DDH 21-038 & 21-039

(Intercepts greater than 2,000 gram-metre AgEq shown in bold text):

Drill Hole

 

From (m)

To (m)

Type

Interval (m)

Ag

 g/t

Au g/t

Cu

%

AgEq1 g/t

AuEq1 g/t

DDH-21-038

 

112

221.3

Oxides

109.3

176.8

1.53

291.6

3.89

DDH-21-038

Including

136

142

Oxides

6.0

1,164.3

0.21

1,180.1

15.73

DDH-21-038

Including

155

165

Oxides

10.0

179.0

0.99

253.3

3.38

DDH-21-038

Including

182.8

208.5

Oxides

25.7

125.0

5.20

515.0

6.87

DDH-21-038

Including

214

217

Oxides

3.0

226.6

1.16

313.6

4.18

DDH-21-039

 

139

141

Oxides

2.0

84.3

1.06

193.3

2.58

DDH-21-039

 

159

160

Oxides

1.0

181.7

0.16

193.7

2.58

DDH-21-039

 

168

169.4

Oxides

1.4

12.6

1.30

110.1

1.47

DDH-21-039

 

170.5

174.5

Oxides

4.0

67.3

3.82

353.8

4.72

DDH-21-039

 

194

215

Oxides

21.0

50.6

5.30

448.1

5.97

DDH-21-039

 

234.5

235.5

Oxides

1.0

78.3

1.79

212.6

2.83

DDH-21-039

 

243

247

Sulphides

4.0

45.3

2.05

0.83

284.4

3.79

DDH-21-039

 

251

252

Sulphides

1.0

10.2

1.07

90.5

1.21

DDH-21-039

 

273

277

Sulphides

4.0

7.1

0.75

0.09

72.6

0.97

DDH-21-039

 

285.5

287

Sulphides

1.5

36.8

3.26

0.75

358.4

4.78

Note:  All results in this news release are rounded. Assays are uncut and undiluted. Widths are drilled widths, not true widths. True widths are estimated to be approximately 80% of the interval widths.

1 AgEq & AuEq calculations for reported drill results are based on USD $20.00/oz Ag, $1,500/oz Au and $3.00/lb Cu. The calculations assume 100% metallurgical recovery and are indicative of gross in-situ metal value at the indicated metal prices. Refer to Technical Notes below for additional information.

John Miniotis, President and CEO, commented, “Today’s announcement demonstrates further continuity of high-grade gold mineralization for hundreds of metres beyond the open pit resource in the Northeast Zone. Yesterday we announced that M&I Resources at Oculto increased by 37% for gold and 11% for silver. We remain highly encouraged by the results from our ongoing Phase II drill program which clearly demonstrates significant potential for additional mineral growth.”  

 

Figure 1 – Drill Hole Location Map


Click Image To View Full Size

 

Discussion of Drill Hole Results

Hole DDH 21-038 was drilled in the high-grade Tesoro zone in order to upgrade more high-grade Indicated resources to the Measured category. This hole intersected 109.3 metres of 176.8 g/t silver and 1.53 g/t gold from 112 to 221.3 metres, including 25.7 metres of 125.0 g/t silver and 5.20 g/t gold within the oxide zone.   In the silver enriched layer, a significant high-grade interval of 6 metres of 1,164 g/t silver and 0.21 g/t gold was encountered.   These intercepts support the continuity of the shallowly dipping secondary enriched silver layer and the underlying gold dominant layer that extend within the mineralised system.

 

DDH 21-039 was drilled in the Northeast zone approximately 250 metres beyond the open pit resource shell. The hole has numerous intercepts with significant gold and silver mineralisation over substantial widths, including 21.0 metres of 50.6 g/t silver and 5.30 g/t gold from 194 to 215 metres. This is a part of a robust mineralised system associated with silicification and fracturing in the oxide zone extending northeast of the Oculto resources.

 

Systematic drilling is ongoing as part of the Phase II drill program aimed at further expanding the recently announced updated Mineral Resource Estimate (see news release dated September 15, 2021).

        

Figure 2 – Cross Section (Looking East) with Highlighted intercepts in Hole DDH 21-038


Click Image To View Full Size

 

Figure 3 – Cross Section  (Looking East) with Highlighted intercepts in Hole DDH 21-039


Click Image To View Full Size

 

Table 2 – Drill Result Highlights of Holes DDH 21-029 – DDH 21-039

 

Drill Hole

Zone 

From (m)

To (m)

Type

Interval (m)

Ag

 g/t

Au g/t

Cu

%

DDH-21-029

Pedernales

83

87

Oxides

4.0

2.46

DDH-21-029

 

135

148

Oxides

13.0

0.76

0.51

DDH-21-030

Northeast

74

85

Oxides

11.0

30.6

DDH-21-030

 

92

135.5

Oxides

43.5

36.5

0.70

DDH-21-030

 

174

181

Oxides

7.0

42.5

0.17

DDH-21-031

Corderos

15

17

Oxides

2.0

5.2

1.43

DDH-21-031

 

28

31

Oxides

3.0

28.0

2.34

DDH-21-032

Pedernales

68.5

76

Oxides

7.5

1.56

DDH-21-033

Laderas

33.5

44

Oxides

10.5

30.1

0.42

DDH-21-033

 

227

231

Sulphides

4.0

286.1

0.53

4.00

DDH-21-034

Corderos

31

38

Oxides

7.0

13.5

3.51

DDH-21-035

Northeast

136

137

Sulphides

1.0

45.2

1.68

1.45

   

156

157

Oxides

1.0

5.6

1.08

   

169.5

171.5

Sulphides

2.0

67.6

2.90

0.95

   

174

184

Oxides

10.0

11.7

1.92

   

194.5

197.5

Oxides

3.0

7.0

1.00

0.09

   

273

282

Oxides

9.0

18.5

1.04

DDH-21-038

Tesoro

112

221.3

Oxides

109.3

176.8

1.53

DDH-21-038

 

136

142

Oxides

6.0

1,164.3

0.21

DDH-21-038

 

155

165

Oxides

10.0

179.0

0.99

DDH-21-038

 

182.8

208.5

Oxides

25.7

125.0

5.20

DDH-21-038

 

214

217

Oxides

3.0

226.6

1.16

DDH-21-039

Northeast

139

141

Oxides

2.0

84.3

1.06

DDH-21-039

 

159

160

Oxides

1.0

181.7

0.16

DDH-21-039

 

168

169.4

Oxides

1.4

12.6

1.30

DDH-21-039

 

170.5

174.5

Oxides

4.0

67.3

3.82

DDH-21-039

 

194

215

Oxides

21.0

50.6

5.30

DDH-21-039

 

234.5

235.5

Oxides

1.0

78.3

1.79

DDH-21-039

 

243

247

Sulphides

4.0

45.3

2.05

0.83

DDH-21-039

 

251

252

Sulphides

1.0

10.2

1.07

DDH-21-039

 

273

277

Sulphides

4.0

7.1

0.75

0.09

DDH-21-039

 

285.5

287

Sulphides

1.5

36.8

3.26

0.75

  

Collar Data

Hole Number

UTM Coordinates

Elevation

Azimuth

Dip

Depth

DDH 21-029

E721265

N7203694

4,242

0

-60

161

DDH 21-030

E720274

N7199678

4,248

180

-60

275.5

DDH 21-031

E721307

N7204118

4,180

0

-60

150

DDH 21-032

E721316

N7203694

4,232

0

-60

194

DDH 21-033

E720493

N7200250

4,244

0

-60

235

DDH 21-034

E721269

N7204130

4,173

33

-60

74

DDH 21-035

E720760

N7200161

4,265

180

-60

286

DDH 21-038

E720206

N7199294

4,263

0

-60

320

DDH 21-039

E720402

N7199880

4,252

180

-60

314

 

About Diablillos

The 80 km2 Diablillos property is located in the Argentine Puna region – the southern extension of the Altiplano of southern Peru, Bolivia, and northern Chile – and was acquired from SSR Mining Inc. by the Company in 2016.  There are several known mineral zones on the Diablillos property, with the Oculto zone being the most advanced with approximately 90,000 metres drilled to date.  Oculto is a high-sulphidation epithermal silver-gold deposit derived from remnant hot springs activity following Tertiarty-age local magmatic and volcanic activity. Comparatively nearby examples of high sulphidation epithermal deposits include: Yanacocha (Peru); El Indio (Chile); Lagunas Nortes/Alto Chicama (Peru) Veladero (Argentina); and Filo del Sol (Argentina)

 

Table 3 – 2021 Mineral Resource Estimate for the Oculto Deposit, Diablillos Project

Category

Tonnage

(000 t)

Ag

(g/t)

Au

(g/t)

Contained Ag

(000 oz Ag)

Contained Au

(000 oz Au)

Measured

8,235

124

0.98

32,701

259

Indicated

32,958

54

0.70

57,464

744

Measured & Indicated

41,193

68

0.76

90,165

1,002

Inferred

2,884

34

0.7

3,181

66

 

Effective September 8, 2021. The resource estimate is N.I. 43-101 compliant. Full details of the Mineral Resources are available in a Company news release dated September 15, 2021.  The full technical report, which is being prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI-43-101”) by Mining Plus, will be available on SEDAR (www.sedar.com) under the Company’s issuer profile within 45 days of the news release dated September 15, 2021.

QA/QC and Core Sampling Protocols

AbraSilver applies industry standard exploration methodologies and techniques, and all drill core samples are collected under the supervision of the Company’s geologists in accordance with industry practices. Drill core is transported from the drill platform to the logging facility where drill data is compared and verified with the core in the trays. Thereafter, it is logged, photographed, and split by diamond saw prior to being sampled. Samples are then bagged, and quality control materials are inserted at regular intervals; these include blanks and certified reference materials as well as duplicate core samples which are collected in order to measure sample representivity. Groups of samples are then placed in large bags which are sealed with numbered tags in order to maintain a chain-of-custody during the transport of the samples from the project site to the laboratory.

 

All samples are received by the SGS offices in Salta who then dispatch the samples to the SGS preparation facility in San Juan. From there, the prepared samples are sent to the SGS laboratory in Lima, Peru where they are analyzed. All samples are analyzed using a multi-element technique consisting of a four acid digestion followed by ICP/AES detection, and gold is analyzed by 50g Fire Assay with an AAS finish. Silver results greater than 100g/t are reanalyzed using four acid digestion with an ore grade AAS finish.

 

Qualified Persons

David O’Connor P.Geo., Chief Geologist for AbraSilver, is the qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information in this news release.

 

Technical Notes

All results in this news release are rounded. Assays are uncut and undiluted. Intervals are drilled widths, not true widths. AgEq calculations for reported drill results are based on USD $20.00/oz Ag, $1,500/oz Au and $3.00/lb Cu. The calculations assume 100% metallurgical recovery and are indicative of gross in-situ metal value at the indicated metal prices.  No metallurgical testwork has yet been completed on the recovery of copper.

 

About AbraSilver

AbraSilver is a well-funded silver-gold focused advanced-stage exploration company. The Company is rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina, which has a Measured and Indicated resource base of over 160Moz on a silver-equivalent basis or 2.3Moz on a gold-equivalent basis.  The Company is led by an experienced management team and has long-term supportive shareholders including Mr. Eric Sprott and SSR Mining.  In addition, AbraSilver owns a portfolio of earlier-stage copper-gold projects, including the Arcas project in Chile where Rio Tinto has an option to earn up to a 75% interest by funding up to US$25 million in exploration.  AbraSilver is listed on the TSX-V under the symbol “ABRA” and in the U.S. under the symbol “ABBRF”.

 

For further information please visit the AbraSilver Resource website at www.abrasilver.com, our LinkedIn page at AbraSilver Resource Corp., and follow us on Twitter at www.twitter.com/abrasilver

  

Alternatively please contact:

 

John Miniotis, President and CEO

[email protected]

Tel: +1 416-306-8334

   

Cautionary Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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

Copyright (c) 2021 TheNewswire – All rights reserved.

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Snowline Gold Strengthens Technical Team and Issues Incentive Stock Options

VANCOUVER, BC / ACCESSWIRE / January 19, 2022 / SNOWLINE GOLD CORP. (CSE:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce the strengthening…

VANCOUVER, BC / ACCESSWIRE / January 19, 2022 / SNOWLINE GOLD CORP. (CSE:SGD)(OTCQB:SNWGF) (the “Company” or “Snowline“) is pleased to announce the strengthening of its technical management team in preparation for a highly active 2022 field season.

Thomas Branson, P.Geo., joins the Company as its Exploration Manager. Mr. Branson brings over 15 years’ industry experience to the Snowline team, having helped to organize and manage more than $55M in exploration expenditures and over 180,000 metres of drilling. His experience spans several continents but is focused in BC and the Yukon. A registered professional geologist with Engineers and Geoscientists British Columbia, Mr. Branson holds a B.Sc. in Earth and Ocean Science from the University of British Columbia and an M.Sc. in Exploration Geology from Rhodes University in South Africa.

Steve Rennalls joins the Company as its Operations Manager. Mr. Rennalls’ has worked on the Einarson project in various capacities during four exploration seasons, including most recently with Snowline Gold in 2021 as Camp Manager and logistics manager for the Einarson, Rogue, Ursa, Rainbow and Tosh projects. Mr. Rennalls’ background is in marketing, and his acumen, enthusiasm, and lateral thinking in logistics demonstrated during the 2021 field program reinforce his promise in this essential management role. Mr. Rennalls holds a B.Com. from McMaster University and an M.Sc. Admin. from Concordia University.

STOCK OPTIONS

In addition, the Company announces that the Board of Directors of the Company has granted a total of 1,190,00 incentive stock options to various employees, consultants, directors, and officers of the Company. The options are exercisable for one share each at $0.55 per share for a period of five years and are subject to the terms of the Company’s Stock Option Plan. Options to certain management, consultants and insiders are subject to vesting provisions of 20% every six months from the date of the grant.

FORTHCOMING RESULTS

The Company still awaits drill core assay results for its four drill holes drilled on the Rogue Project’s Valley Zone in 2021. All four holes at Valley intersected trace amounts of visible gold in drill core.

In hole V-21-001, the first hole drilled at Valley, sheeted quartz veins were observed across its entire 161 m length. Thirty-one of the many veins observed in this hole contained trace amounts of visible gold, with up to five gold grains observed in a given vein. Visible-gold bearing veins were distributed roughly evenly across the length of the hole.

Valley is a reduced intrusion-related gold target that presents a bulk-tonnage gold exploration model where gold is hosted in widespread arrays of centimetre-scale sheeted quartz veins within and around a felsic intrusion. Valley is a new discovery, and the 2021 drill program represents the first ever drill testing of the target.

QA/QC AND QUALIFIED PERSON

Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a seven-project portfolio covering >100,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the highly prospective yet underexplored Selwyn Basin. Snowline’s project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits including Kinross’ Fort Knox mine, Newmont’s Coffee deposit, and Victoria Gold‘s Eagle Mine. Snowline’s first-mover land position provides a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
[email protected]

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including statements about the Company reviewing its newly acquired project portfolio to maximize value, reviewing options for its non-core assets, including targeted exploration and joint venture arrangements, conducting follow-up prospecting and mapping this summer and plans for exploring and expanding a new greenfield, district-scale gold system. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company’s plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

SOURCE: Snowline Gold Corp.

View source version on accesswire.com:
https://www.accesswire.com/684721/Snowline-Gold-Strengthens-Technical-Team-and-Issues-Incentive-Stock-Options

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Brascan Gold Increases Private Placement from $2.4M to $3.6M Due to Strong Demand from Strategic Investors and Existing Shareholders

Vancouver, British Columbia–(Newsfile Corp. – January 19, 2022) – Brascan Gold Inc. (CSE: BRAS) ("Brascan" or the "Company") is pleased to announce that…

Vancouver, British Columbia–(Newsfile Corp. – January 19, 2022) – Brascan Gold Inc. (CSE: BRAS) (“Brascan” or the “Company”) is pleased to announce that it is increasing the maximum amount of its non-brokered private placement from $2.4 million to $3.6 million due to strong demand from strategic investors and existing shareholders. Each private placement Unit consists of one (1) share (each, a “Share”) and one-half-of-one (1/2) transferable Share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder thereof to purchase one (1) additional Share of the Company for a period of two (2) years from closing at a price of $0.40 per Share.

Balbir Johal, Director and CEO, stated, “Due to market demand for our $0.30 unit offering, Brascan has increased the $ 2.4 million financing to $ 3.6 million,” and further commented, “This financing will enable Brascan to develop the Alegre Gold Project and acquire additional promising gold properties in Brazil. This project is near established infrastructure and located on the same gold mineralization trend as Goldmining Inc.‘s advanced Cachoeira gold project 15 km to the north as well as Oz Minerals’ CentroGold Project 30 km to the south (considered one of Brazil’s largest undeveloped gold projects). Other adjacent neighbors to the Alegre Gold Project include Kinross Brasil Mineração and IAM Gold Corp.”

In addition to funding the acquisition and development of the properties in Brazil, the Company intends to use the flow-through proceeds from a previous Private Placement towards exploration expenditures at the Company’s Black Cat and Middle Arm Fault properties located in the mine-friendly region of Baie Verte, Newfoundland. The province of Newfoundland and Labrador is ranked among the top 10 mining jurisdictions worldwide by the Fraser Institute. The Baie Verte district in northwestern Newfoundland boasts excellent infrastructure, including a deep water port facility in Pine Cove, a local assay laboratory, local mining and drilling contractors, high transmission lines, easy access to supplies, a regional airport and local hospitals, schools and hotels.

About Brascan Gold Inc.

The Company is a gold exploration issuer based in Vancouver, BC. The Company holds an option over the Vulcan Property, located in the Fort Steele Mining Division in southeastern BC and the Middle Arm Fault and Black Cat properties, located 30 km. and 40 km. south, respectively, of the town of Baie Verte, Newfoundland. The Company also holds an option over the Alegre project in Pará state in northeastern Brazil. For more information, investors should review the Company’s filings that are available at www.sedar.com.

Contact Information
Balbir Johal
Director and CEO
Telephone: 604 812 1747
Email: [email protected]

Forward-Looking Statements

This news release contains certain forward-looking statements that are “forward-looking information” within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the terms of the consulting arrangement are “forward-looking information”. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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

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Advance Notice Policy Adoption

Vancouver, British Columbia–(Newsfile Corp. – January 19, 2022) – Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the "Company" or "Casa")…

Vancouver, British Columbia–(Newsfile Corp. – January 19, 2022) – Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the “Company” or “Casa”) is pleased to announce that it has adopted an advance notice policy (the “Advance Notice Policy“), establishing a framework for advance notice of nominations of directors by shareholders of the Company.

The Advance Notice Policy, among other things, seeks to fix a deadline by which holders of record of common shares of the Company must submit director nominations to the Company prior to any annual or certain special meetings of shareholders and sets forth the information required to be provided by a nominee director that a shareholder must include in the notice to the Company for the notice to be in proper written form.

The Advance Notice Policy is intended to, among other things: (i) facilitate an orderly and efficient Annual General or Special Meeting process; (ii) ensure that shareholders receive adequate notice of director nominations and sufficient information regarding all director nominations; and (iii) allow shareholders to cast an informed vote after having been afforded reasonable time for consideration.

The following notice requirements will apply for all Annual General or Special Meetings of shareholders of the Company:

  • In the case of an annual meeting of shareholders, notice of a director nomination must be given to the Company not less than 30 nor more than 65 days prior to the date of the annual meeting of shareholders; provided, however, that in the event that the annual meeting of shareholders is called for a date that is less than 50 days after the date (the “Notice Date“) on which the first public announcement of the date of the annual meeting was made, notice by the nominating shareholder may be made not later than the tenth (10th) day following the Notice Date.
  • In the case of a special meeting of shareholders (which is not also an annual meeting) called for the purpose of electing directors (whether or not called for other purposes), notice of a director nomination must be given to the Company no later than the fifteenth (15th) day following the day on which the first public announcement of the date of the special meeting of shareholders was made.
  • The Advance Notice Policy is effective immediately and will be placed before shareholders for ratification and approval at the Company’s next annual general and special meeting of shareholders (scheduled to be held in May of 2022). In the event that shareholders determine not to ratify the Advance Notice Policy by ordinary resolution, the Advance Notice Policy shall terminate and be void and of no further force and effect following the termination of the Meeting.

A copy of the Advance Notice Policy, in its entirety, is available under the Company’s profile at www.sedar.com and included in the Company’s Articles and website.

About Casa Minerals Inc.

The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the USA. The Company owns a one hundred percent (100%) interest in the polymetallic Pitman and Keaper properties (BC, Canada), has an option to acquire a seventy-five percent (75%) interest in the Arsenault VMS Property (BC, Canada), and owns ninety percent (90%) interest in the Congress gold mine from 40 feet depth and beyond, subject to a 1.5% Net Smelter Royalty (Arizona, USA). This historic high-grade gold producing mine has not been explored or produced since 1992.

For further information, please contact:

On Behalf of Board of Directors
Farshad Shirvani, M.Sc. Geology
President and CEO

For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email: [email protected]
https://www.casaminerals.com

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.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110901






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