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Currie Rose Announces Update on the Acquisition of Vanadium Project from Chalice Mining and Liontown Resources

Initial $545,000 Tranche of Non-Brokered Private Placement ClosesNI 43-101 Technical Report due for completion in January 2022Toronto, Ontario–(Newsfile…

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  • Initial $545,000 Tranche of Non-Brokered Private Placement Closes
  • NI 43-101 Technical Report due for completion in January 2022

Toronto, Ontario–(Newsfile Corp. – January 14, 2022) – Currie Rose Resources Inc. (TSXV: CUI) (“Currie” or the “Company”) is pleased to provide a corporate update on the recently announced non-brokered private placement and technical work required to complete the acquisition of the North Queensland Vanadium Project (See Press Release Dated October 27, 2021).

Vanadium Project Acquisition

Currie’s acquisition of the North Queensland Vanadium Project is progressing.

To date, Management and the Company’s technical team have:

– Completed an initial site visit;

– Undertaken a confirmatory surface sampling program;

– Completed a positive Due Diligence of the 7 tenements in the package:

– Established a wholly owned Australian subsidiary to facilitate operations in Queensland; and

– Initiated confirmation work on the historic JORC12 compliant Inferred Resource at the Cambridge Deposit (JORC 84mt @ 0.3% V2O5) to bring it into NI 43-101 compliance.

Management anticipates completion of a NI 43-101 compliant technical report to be completed in the coming weeks, thereby fulfilling a major requirement for the acquisition.

Michael Griffiths, Currie’s President and CEO, commented.

“This placement is the first step in our Vanadium journey, and I take this opportunity to thank both vendors, Chalice Mining Limited and Liontown Resources Limited, for their continued assistance and support to ensure a smooth transition of the assets to Currie.”

Non-Brokered Private Placement

Currie is pleased to announce that, subject to final approval of the TSX Venture Exchange, it has closed the first tranche of a non-brokered private placement (the “Offering”), issuing 10,900,000 units for total gross proceeds of $545,000. Each unit consists of one Common Share of the Company and one common share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share of the Company at a price of C$0.10 for a period of 24 months following the closing date of the Offering. Each Warrant is subject to an acceleration clause under certain conditions. The securities issued under the first closing of this Offering, are subject a hold period expiring four months and one day from the date of issue.

The Subscribers of the first tranche closing acknowledged and agreed to both: a change in the Use of Proceeds whereby the Issuer will use proceeds from this Offering for general working capital purposes and not necessarily in connection to the Acquisition; and the Closing of this tranche will NOT be contingent upon the completion of the Acquisition.

In connection with the closing, the Company will pay compensation of $17,200 and issuance of 344,000 Broker Warrants to various eligible Finders. Each Broker Warrant is exchangeable for one Common Share at a purchase price of $0.05 per share and will expire two (2) years from the closing date.

The participation by one of the directors of the Company in the Financing constitutes a “related party transaction” pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in section 5.5(b) and Section 5.7(1)(b) of MI 61-101, respectively, on the basis that no securities of the Company are listed or quoted on any of the markets specified in Section 5.5(b) of MI 61-101 and the fair market value of the securities issued to related parties pursuant to the Financing, does not exceed $2,500,000, along with the other applicable circumstances contained in section 5.7(1)(b) of MI 61-101.

About Currie Rose Resources Inc.

Currie Rose is a publicly traded precious and battery metal explorer focused on identifying high-value assets in Canada and Australia. The Company’s immediate focus is the advanced North Queensland Vanadium Project in Queensland, Australia.

Please visit our website at www.currierose.com.

For Additional Information please contact:

Mike Griffiths, CEO 
Office: 905-688-9115
Email: [email protected]

Catherine Beckett, Manager Corporate Affairs
Office: 905-688-9115
Email: [email protected]

Qualified Persons

The scientific and technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed and approved on behalf of Currie Rose Resources by Michael Griffiths, FAusIMM, President & CEO for Currie Rose Resources, a Qualified Person.

Forward-Looking Statements

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 release.

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. Statements about the closing of the transaction, expected terms of the transaction, the number of securities of Currie Rose that may be issued in connection with the transaction, and the parties’ ability to satisfy closing conditions and receive necessary approvals are all forward-looking information. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110141







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M3 Metals Provides Update on the Block 103 Iron Ore Project

Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – M3 Metals Corp. (TSXV: MT) (FSE: X0VP) ("M3 Metals" or the "Company") is pleased to…

Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – M3 Metals Corp. (TSXV: MT) (FSE: X0VP) (“M3 Metals” or the “Company”) is pleased to announce it has completed a LiDAR and Orthophoto survey on its 100% owned Block 103 Iron Ore Project (the “Property”) in Newfoundland and Labrador, Canada. The primary objective of the survey was to acquire a bare earth digital terrane model (DTM) and orthophoto data to aid in its continued exploration for DSO and Taconite style mineralization on the Property.

The bare earth DTM model (see Figure 1 below) digitally removed the surficial vegetation from the LiDAR (point cloud) data and resulted in a model of the ground and outcrops that is accurate to 30cm. Because the iron rich rocks on the Property occur in stratigraphic (layered) rock units, the bare earth DTM greatly enhances the property wide geological mapping and provides a new perspective on the deformation and fault structures. These structural features can be spatially related to the enrichment or formation of DSO style mineralization and can be observed by bends (or folds) and sharp offsets (faults) of the regularly occurring layered geological units.

The survey confirmed that the high-grade DSO style mineralization (including 69.75% Fe2O3 and 16.45%SiO2 over 6.1 metres in hole DDH103-064) occurs within a structurally complex area. Additional work is being planned for the 2022 field season to test extensions of the high-grade DSO style mineralized intercept encountered in hole DDH103-064 beginning at 26.82 metres depth. Due to the near surface but covered location of the mineralized unit, drilling is required to properly test its total extent. Continued analysis of the newly acquired data may also result in the identification of additional areas that share similar structural traps which could also have secondary iron enrichment sourced from the extensive iron formations on the Property.

The Company also continues to explore business opportunities including communicating with potential partners or buyer to advance the 7.2 billion tonne taconite iron ore resource at 29.2% total Fe (see news release dated Feb 4, 2013).

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Figure 1. Block 103 LiDAR DTM Map. (Link to detailed Block 103 Lidar DTM image here)

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/5509/111275_1594fea7b405fa1d_001full.jpg.

DSO is currently being mined by Tata Steel Minerals Canada (“TSMC”) in multiple areas surrounding the Property which is being processed (or beneficiated) at TSMC’s DSO facility located 6 kilometres from the Block 103 property. Once beneficiated, the product is loaded on rail at site and sent to a port in Sept-Îles for shipping to consumers worldwide. TSMC is processing iron ore material with greater than 50% total Fe and less than 18% SiO2 as a cut-off for the material at their facility. The Company believes there is potential to identify DSO style mineralization on the Property suitable for processing at TSMC adjacent and currently operating facility.

Block 103 is located near well-established infrastructure in the heart of the Labrador Trough, Newfoundland and Labrador, approximately 30 km northwest from the town of Schefferville, Quebec and 1,200 kilometres by air northeast of Montréal, QC. Previous work by the Company includes geological mapping, geophysical surveys and diamond drilling programs. Total drilling now stands at 115 drill holes aggregating over 28,000 metres. Two zones of mineralization have been defined on the Property; namely the Northwest Zone and the Greenbush Zone where the focus of the mineral resource estimate has been on the Greenbush Zone.

Disclosure

Adrian Smith, P.Geo., is a QP as defined by National Instrument 43-101 for the above-mentioned project. The QP is a member in good standing of the Professional Engineers and Geoscientists Newfoundland and Labrador (PEG) and is a registered Professional Geoscientist (P.Geo.). Mr. Smith has reviewed and approved the technical information disclosed above.

ABOUT M3 METALS CORP.

M3 Metals Corp. is a Canadian listed Company, focused on creating shareholder value through discoveries and strategic development of mineral properties in North America. For additional information please visit M3 Metals website at www.m3metalscorp.com. You may also email [email protected] or call investor relations at (604) 669-2279.

M3 METALS CORP.
“Adrian Smith”
Adrian Smith, President

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 RELEASE.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and government royalties or taxes in Canada, the United States or other jurisdictions and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

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Benchmark Drills 49.10 Metres of 2.36 G/t Gold Equivalent at the Dukes Ridge Deposit and Extends Mineralization from Surface to 220 Metres Depth

Edmonton, Alberta–(Newsfile Corp. – January 24, 2022) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark")…

Edmonton, Alberta–(Newsfile Corp. – January 24, 2022) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the “Company” or “Benchmark“) is pleased to announce new results from 27 infill and expansion drill holes at the Dukes Ridge Deposit, including 49.10 metres (m) core length of 1.86 grams per tonne (g/t) gold and 39.96 g/t silver or 2.36 g/t gold equivalent (AuEq)* with 3.84 m of 12.50 g/t gold and 240.16 g/t silver or 15.50 g/t AuEq in drill hole 21DRDD005 (Figure 1). These new drill results have the potential to positively impact the updated Mineral Resource Estimate (MRE) scheduled for completion during the first half of 2022. Drilling has also extended mineralization, which remains open, below the 2021 modelled pit shell to a depth of over 220 vertical metres (Figure 2), with additional drilling planned to test the along-strike expansion potential of the mineralizing system. Benchmark’s flagship Lawyers Gold-Silver Project is located within a road-accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.

John Williamson, CEO, commented, “The Dukes Ridge area is providing significant expansion potential from the recent drill program. The area remains open in all directions with infill drilling replacing gaps in the Mineral Resource at surface with higher-grade gold and silver material. January 2022 drilling has started at Dukes with two drill rigs focused on proving-up more mineralization at surface and expending gold-silver areas beyond 220 metres vertical depth.”

Highlights

  • High-grade near surface intercepts potentially contributing to higher-grade starter pits and significant rewards to future mine production schedules and project economics, and;
  • Increasingly robust mineralization within the northwest portion of the Dukes Ridge deposit, marginal to the Connector Zone, including near-surface 31.50 m core length of 1.45 g/t gold and 13.65 g/t silver or 1.62 g/t AuEq with 3.05 m of 11.17 g/t gold and 67.27 g/t silver or 12.01 g/t AuEq in drill hole 21DRDD001 (Figure 1), and;
  • Extension of mineralization beyond the 2021 modelled pit shell including 64.48 m core length of 0.70 g/t gold and 29.02 g/t silver or 1.06 g/t AuEq with 3.00 m of 4.88 g/t gold and 270.79 g/t silver or 8.26 g/t AuEq in drill hole 21DRDD003 (Figure 2).

Dukes Ridge Deposit Resource

The 2021 Mineral Resource Estimate (May 14, 2021) at the Dukes Ridge Deposit established 109,000 ounces AuEq at 1.29 g/t AuEq Indicated. The Company anticipates new drilling will positively impact expansion and grade to the Dukes area. The January 2022 drill program has started at the Dukes area with a focus on shallow drilling and areas with higher grade gold-silver mineralization.

The Dukes Ridge Deposit forms part of a global Mineral Resource Estimate from 3 separate but nearby deposits that delivered 2.1 million ounces of 1.62 g/t AuEq Indicated and 821,000 ounces of 1.57 g/t AuEq Inferred for its initial Mineral Resource Estimate. All Resource areas are open to expansion from recent drilling and will see the addition of gold-silver from new zones that include the Connector and Mid-Cliff Creek zones.

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Figure 1: Plan map at the Dukes Ridge Zone highlighting new 2021 drill results.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/6169/111285_35c5b9953448885e_001full.jpg

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Figure 2: Long-section at the Dukes Ridge Deposit providing gold and silver from a series of results.

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/6169/111285_35c5b9953448885e_002full.jpg

Table 1: Drill results summary from the Dukes Ridge Zone

Drillhole From
 (m)
To
(m)
Interval
(m) *
Au
(g/t)
Ag
(g/t)
AuEq
 (g/t)**
21DRDD001 24.00 55.50 31.50 1.45 13.65 1.62
incl. 31.00 34.05 3.05 11.17 67.27 12.01
21DRDD002 188.00 193.00 5.00 0.49 29.62 0.86
214.00 274.31 60.31 0.60 31.70 1.00
incl. 230.80 232.00 1.20 14.00 1213.00 29.16
21DRDD003 204.00 205.00 1.00 1.96 90.60 3.09
252.00 316.48 64.48 0.70 29.02 1.06
incl. 274.00 277.00 3.00 4.88 270.79 8.26
and 313.00 316.48 3.48 2.30 109.32 3.67
21DRDD004 231.00 248.00 17.00 0.31 10.79 0.44
260.00 294.00 34.00 0.46 10.78 0.59
21DRDD005 241.00 290.10 49.10 1.86 39.96 2.36
incl. 262.00 265.00 3.00 5.11 31.15 5.50
incl. 285.25 289.09 3.84 12.50 240.16 15.50
21DRDD007 255.00 306.06 51.06 0.44 10.53 0.58
incl. 300.57 303.00 2.43 3.36 59.30 4.10
21DRDD009 27.83 28.79 0.96 7.82 29.10 8.18
21DRDD010 268.20 303.23 35.03 1.14 20.64 1.39
incl. 292.40 297.00 4.60 6.17 89.72 7.29
21DRDD011 131.00 133.00 2.00 2.24 112.20 3.64
21DRDD014 112.00 134.00 22.00 0.96 51.91 1.61
incl. 122.08 122.55 0.47 11.80 1050.00 24.93
21DRDD015 72.44 117.00 44.56 0.24 8.24 0.35
incl. 102.00 103.00 1.00 2.30 31.20 2.69
21DRRC002 1.52 13.72 12.19 3.41 58.22 4.13
incl. 6.10 9.14 3.05 12.00 189.20 14.37
56.39 60.96 4.57 0.84 16.82 1.06
21DRRC005 0.00 10.67 10.67 3.45 181.81 5.72
incl. 4.57 9.14 4.57 7.23 385.00 12.04
21DRRC006 10.67 65.53 54.86 0.51 21.80 0.78
21DRRC007 32.00 123.44 91.44 0.56 19.53 0.80
incl. 57.91 71.63 13.72 1.43 67.76 2.28
incl. 68.58 71.63 3.05 2.95 69.70 3.82
21DRRC008 13.72 32.00 18.29 0.34 8.83 0.46
21DRRC009 0.00 27.43 27.43 0.48 25.83 0.81
incl. 9.14 27.43 18.29 0.68 35.17 1.12
39.62 41.15 1.52 1.60 15.55 1.79
80.77 92.96 12.19 0.14 5.29 0.21
21DRRC010 126.49 135.64 9.14 0.49 13.25 0.66
21DRRC011 105.16 117.35 12.19 0.64 6.33 0.72
21DRRC012 9.14 45.72 36.58 0.31 9.67 0.43
incl. 16.76 18.29 1.52 3.57 76.60 4.53
21DRRC013 1.52 88.39 86.87 0.39 12.23 0.55
incl. 9.14 19.81 10.67 1.13 37.32 1.59
21DRRC014 3.05 71.63 68.58 0.34 8.64 0.45
21DRRC015 62.48 89.92 27.43 0.36 9.94 0.48
21DRRC016 111.25 123.44 12.19 1.64 28.68 2.00
21DRRC017 0.00 1.52 1.52 1.80 5.65 1.87
21DRRC018 1.52 21.34 19.81 0.81 61.18 1.57
incl. 3.05 6.10 3.05 2.07 117.55 3.54
21DRRC019 73.15 126.49 53.34 0.31 16.67 0.52
incl. 74.68 76.20 1.52 0.43 14.75 0.61

* Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.
** Intervals are core-length. True width is estimated between 80 to 90% of core length.

Quality Assurance and Control

Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). The sampling program was undertaken by Company personnel under the direction of Rob L’Heureux, P.Geol. A secure chain of custody is maintained in transporting and storing of all samples. Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au). Analysis by four acid digestion with 48 element ICP-MS analysis was conducted on all samples with silver and base metal over- limits being re-analyzed by atomic absorption or emission spectrometry.

The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc, P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.

About Benchmark Metals

Benchmark Metals Inc. is a Canadian based gold and silver company advancing its 100% owned Lawyer’s Gold-Silver Project located in the prolific Golden Horseshoe of northern British Columbia, Canada. The Project consists of three mineralized deposits that remain open for expansion, in addition to +20 new target areas along the 20 kilometre trend. The Company trades on the TSX Venture Exchange in Canada, the OTCQX Best Market in the United States, and the Tradegate Exchange in Europe. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production.

www.metalsgroup.com

ON BEHALF OF THE BOARD OF DIRECTORS

s/ “John Williamson”
John Williamson, Chief Executive Officer

For further information, please contact:
Jim Greig
Email: [email protected]
Telephone: +1 604 260 6977

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.

This news release may contain certain “forward looking statements”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

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Discovery Harbour to Present at the Sequire Metals & Mining Conference on January 27, 2022

Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the "Company"…

Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the “Company” or “Discovery Harbour“) is pleased to announce that it will be presenting virtually at the upcoming Sequire Metals & Mining Conference on Thursday, January 27th, at 2:30 PM ET.

Mark Fields, President and CEO, will be giving the presentation focused on the Company’s low sulphidation epithermal gold projects in Nevada, Caldera and upcoming drill program on the Fortuity 89. The Company will take 1×1 meetings throughout the day. Investors can request meetings through the event website.

Event: Discovery Harbour Resources Presentation at the Sequire Metals & Mining Conference
Date: Thursday, January 27th, 2022
Time: 2:30 PM ET

Free registration to watch the presentation can be found here: https://mining21.mysequire.com/

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Discovery Harbour to Present at the Sequire Metals & Mining Conference on January 27, 2022

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For more information, please visit the Company’s website at www.discoveryharbour.com.

About Sequire Metals & Mining Conference

With a massive uptick in the mining industry and electric vehicles on the rise, Sequire is spending the entire day with public mining companies and industry experts exploring possibilities, opportunities, and the latest news.

About Discovery Harbour

Discovery Harbour is focused on sourcing, exploring and developing mineral properties in mining-friendly jurisdictions. Its current primary focus is the Caldera low sulphidation epithermal gold project in Nevada. Additionally, Discovery Harbour has an agreement with Newcrest Resources, Inc on its Fortuity 89 property in Nevada.

ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.

“Mark Fields”

Mark Fields, P.Geo., B.Comm.(Hon.)
President and Chief Executive Officer
Discovery Harbour Resources Corp.
Tel: (604) 681-3170
Fax: (604) 681-3552

Disclaimer for Forward-Looking Information
This news release contains forward‐looking information that involves various risks and uncertainties regarding future events. Such forward‐looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Discovery Harbour, such as statements that Discovery Harbour intends to pursue the Caldera Project. There are numerous risks and uncertainties that could cause actual results and Discovery Harbour’s plans and objectives to differ materially from those expressed in the forward‐looking information, including: (i) adverse market conditions; (ii) exploration results, (iii) permitting requirements or (iii) the financial position of the Company. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward‐looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Discovery Harbour does not intend to update these forward‐looking statements.

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 release.

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