Montreal, Quebec--(September 27, 2022) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex or the Company") is pleased to announce a new gold zone discovery called the Team Zone on the Perron project in the Abitibi region of Quebec. The near-surface Team Zone occurs ~600 m to the northeast of the High Grade Zone and ~300 m northeast of the E2 Gold Zone (Figure 1). To date, Amex has intercepted visible gold mineralization in 14 of 20 holes targeting the Team Zone over an area of approximately 200 m by 100 m.

 

Owing to a significant delay at the assay lab, the partial results below represent only the samples in each hole that were sent for screen metallic assays (this assay method is selected when gold mineralization is anticipated owing to visible gold, significant veining, and/or significant sulfides). When the fire assay results for the balance of the reported holes are received, Amex will issue updated results. See Table 1 for a list of the partial results, Table 2 for drill hole coordinates, Figure 1 for a map of the Perron project geology showing the location of the Team Zone, and Figure 2 for a map showing the distribution of visible gold identified to date throughout the Team Zone.

VANCOUVER, BC / September 26, 2022 / Tier One Silver Inc. (TSXV:TSLV)(OTCQB:TSLVF) ("Tier One" or the "Company") is pleased to report channel sampling results from the Curibaya project in southern Peru. The channel sampling program was conducted primarily within the Cambaya structural corridors, within the northeast area of the project, which is highest in elevation, focused on defining prospective structures for silver mineralization (Figure 1). Highlights from this program include 4.5 metres (m) of 408.2 g/t silver (Ag) and 1.48 g/t gold (Au), including 1 m of 1,768.0 g/t Ag and 6.33 g/t Au, in 22CRT-080, 8 m of 349.1 g/t Ag and 0.46 g/t Au, including 1 m of 2,680.0 g/t Ag and 3.14 g/t Au, in 21CRT-56 and 2.5 m of 136.4 g/t Ag and 0.82 g/t Au, including 0.5 m of 568.0 g/t Ag and 3.37 g/t Au, in 22CRT-101 (Figure 1). Importantly, arsenic values were generally highly elevated across the Cambaya target area, indicating to the technical team that the target is at the top of the epithermal system, with the precious metals window being preserved at shallow depths. Highlights from the channel sampling program are outlined below in Table 1.

VANCOUVER, BC / September 8, 2022 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce the results of the Feasibility Study ("FS") for the Eskay Creek gold-silver project ("Eskay Creek" or the "Project") located in the Golden Triangle of British Columbia.

 

Eskay Creek 2022 FS Highlights:

 

After-tax net present value ("NPV") (5%) of C$1.41 billion at a base case of US$1,700 gold and US$19 silver

Robust economics with an after-tax internal rate of return ("IRR") of 50.2% and an industry leading after-tax payback on pre-production capital expenditures of 1 year

High-grade open-pit averaging 3.87 g/t gold equivalent ("AuEq") (2.99 g/t gold, 79 g/t silver) (diluted) with a strip ratio of 7.5:1

Years 1 - 5 average annual production of 431,000 AuEq ounces, places Eskay Creek as a tier one operation

Life of mine ("LOM") production of 3.2 million AuEq ounces from 2.4 million ounces of gold and 66.7 million ounces of silver

Estimated pre-production capital expenditures ("CAPEX") of C$592 million, yielding a compelling after-tax NPV:CAPEX ratio of 2.4:1

LOM all-in sustaining cost ("AISC") of US$652/oz AuEq recovered in concentrate

Proven and Probable open-pit mineral Reserves of 29.9 million tonnes containing 2.87 million ounces gold and 75.5 million ounces silver (combined 3.85 million AuEq oz)

A carbon intensity of 0.20 t CO2e/oz AuEq produced, positioning Eskay Creek to be one of the lowest carbon intensity mines worldwide

HIGHLIGHTS

 

C$11.9 million raised to accelerate critical mineral and gold exploration on emerging greenstone belt

Offer conducted at an average price of ~C$0.73 representing a 65% premium to Benz's last traded share price as of Thursday, 1 September (C$0.44)

Exploration to commence immediately initially targeting critical metal mineralization

New Mineral Resource for Eastmain Gold Project to be delivered in Q4 2022 following successful 2021 drill campaign

 

Toronto, Ontario--September 6, 2022 - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to advise that it has received firm commitments to raise approximately C$11.9 million (before costs) via a strongly supported offer of fully paid ordinary Chess Depositary Interest (CDIs) to institutional, professional and sophisticated investors (the Offer) via a:

 

1. placement of 11,875,130 CDIs at an average price of approximately C$0.84[1] per CDI (the Flow-Through CDIs), which will qualify as "flow-through shares" as defined in the Income Tax Act (Canada) (the Act) (Flow Through Share Placement), representing an approximately 90% premium to the last closing price of Benz shares on the TSXV on Thursday, 1 September 2022 of C$0.44; and

2. hard dollar placement of 4,558,870 CDIs at an issue price of ~C$0.42 per CDI (A$0.48 per CDI) (Hard Placement), representing a 4.0% discount to the last closing price of Benz shares on TSX-V on Thursday, 1 September 2022.