Benton Amends Far Lake Agreement With Thunder Gold Corp. |

Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has amended its agreement with Thunder Gold Corp. (formerly White Metal Resources Corp.) ("TGOL") (the "Amending Agreement") regarding the Far Lake project (the "Property") located 80km west of Thunder Bay, Ontario (see the Company's May 20, 2020 news release for details on the original agreement).

Pursuant to the Amending Agreement, the Company may exercise the Initial Option, earning a 60% interest in the Property by paying $25,000 and issuing 200,000 shares to TGOL (originally $30,000 and 400,000 shares). By July 15, 2022. The Second Option in the original agreement has been eliminated such that the Company is limited to earning a 60% in the Property.

Having exercised the Initial Option, the Company will now spend the first $150,000 in exploration expenditures within 24 months, thereafter the Company and TGOL will form a joint venture with terms consistent with usual industry practice for further development of the Property, with the Company having an initial 60% interest and TGOL having an initial 40% interest in the joint venture. The agreement governing the joint venture will contain provisions which provide for dilution for non-participation in programs including a provision for participant's interest to be converted to a 2% net smelter returns royalty (the "NSR") if its interest is diluted to less than 10% interest, half of which can be purchased by the non-diluted party for $1 million at any time.

On behalf of the Board of Directors of Benton Resources Inc., "Stephen Stares" Stephen Stares, President

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly-prospective property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. through three large-scale joint-venture properties including Grey River Gold, Golden Hope, and Kepenkeck in Newfoundland that are now being explored.

Parties interested in seeking more information about properties available for option can contact Mr. Stares at the number below.

For further information, please contact: Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca Website: www.bentonresources.ca Twitter: @BentonResources Facebook: @BentonResourcesBEX

CHF Capital Markets Thomas Do, IR Manager Phone: 416-868-1079 x 232 Email:thomas@chfir.com

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

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The prospect generator model has become one of the resource industry’s best strategies for minimizing risks associated with exploration-stage projects. With the intent to maximize rewards, this model combines diverse portfolios, strong partnerships and capital structures that reduce dilution. Because of this, investors get an opportunity to capitalize on some of the most prospective exploration and mining companies in the world under highly favorable conditions.

The prospect generator model is a unique take on exploration. Analysts point out that most of the value in prospective companies is the team’s intellectual capital and talents rather than its assets. With the right team, investors could see substantial returns and exposure to potential discoveries that some companies only dream of.

Benton Resources (TSXV:BEX) is a project generator and mineral exploration company focused on base and precious metal exploration. The company’s diverse property portfolio includes several highly prospective Canadian projects that leverage mining-friendly judicial conditions, strong partnerships and tremendous infrastructure for mining success. Many of Benton’s high-grade projects are available for option and cover various mineral assets, including gold, silver, nickel, copper and platinum group metals (PGMs).

Benton’s key projects and equity positions are in partnership with some of Canada’s biggest mining and exploration players. For example, Rio Tinto Canada currently operates its Bark Lake project and Baril Lake West PGM project. In January 2021, Benton announced it had received the second-anniversary option payment of C$25,000 from Rio Tinto Canada for the Baril Lake West project. This project is particularly exciting due to 2018 discoveries of significant mineralization grading 4.78 percent nickel and 0.43 percent copper over 2.08 m on Rio’s neighboring claim.

Benton’s diverse portfolio presents investors with tremendous near and long-term upside. The company currently has over 34 million combined shares in some of Canada’s most exciting mining and exploration projects and jurisdictions. This includes 24.6 million shares of Clean Air Metals (TSXV:AIR), which is advancing the high-grade Thunder Bay North and Escape Lake PGM projects; 4.0 million shares of Quadro Resources (TSXV:QRO), which is advancing the Staghorn Gold project in Central Newfoundland near Marathon Gold’s multi-million ounce gold discovery; 1.38 million shares of Metallica Metals (CSE:MM), which is working on the Saganaga Gold (now Starr) project; and 3.6 million shares of Maxtech Ventures (TSXV:MVT), which is advancing the company’s Panama Lake gold project in the prolific Red Lake District.

Partnerships like these provide Benton with excellent project generation and expansion opportunities while giving investors exposure to other exciting projects inside Benton’s portfolio, such as its highly prospective Far Lake and Iron Duke gold projects. Benton hosts other significant investor opportunities, and the company focuses on retaining net smelter royalties (NSR) when possible for potential long-term cash flow.

The company’s high-quality property portfolio is matched with a world-class management team. In 2007, management members received the PDAC Bill Dennis Award and later the NWOPA Discovery of the Year Award in both 2015 and 2017.

Benton acquired the Far Lake project from White Metal Resources (TSXV:WHM) with the option to earn up to 70 percent interest. The project has strong infrastructure, including access to logging roads starting at the Trans-Canada Highway, the CN rail and efficient power.

In 2017, WHM discovered the primary copper-sulfide occurrence on the property. Further soil geochemical sampling identified excellent copper zone targets, which poses exciting potential discoveries as prospecting and mapping structures and project geology continue. Trenching and sampling programs at the Far Lake provided results that include a 0.7 m channel sample that assayed 22.0 percent copper, 30.2 g/t silver and 0.25 g/t gold.

The first phase drilling has discovered wide zones of copper mineralization including 0.15 percent copper (Cu) over 60.4 m, 0.35 percent Cu over 15.6 m and 1.43 percent Cu over 2.6 m in FL-20-11, and further samples have been submitted as current results ended in copper mineralization. Drill hole FL-20-11 is located approximately 1,900 m NW along the same structure as the Far Lake main zone which also produced significant results, including 0.19% Cu over 34.6m including 0.89% Cu 1.08g/t Ag over 4.0m in FL-20-03. It should be noted that drilling in holes FL-20- 01 to FL-20-05 in the Far Lake main zone was interrupted by a series of diabase dykes, and further deeper drilling is being planned to intersect the zones further away from the dykes.

In December 2020, the company hired Abitibi Geophysics to complete a detailed 12 km2 DasVision 3D Induced Polarization (IP), which identified high priority targets for the Phase II drill program that is currently underway.

Results of the first drill program are as follows:

On July 2, 2019, Benton Resources announced that it had executed two separate binding purchase agreements with Rio Tinto Exploration Canada (RTEC) and Panoramic Resources (PAN) (ASX:PAN) to purchase 100 percent interest in the TBN and Escape Lake deposits located only 50 km from the company’s office in Thunder Bay and approximately 60 km south of Impala Canada’s Lac des Iles Mine.

Under the agreements, Benton paid RTEC C$3 million on signing with further C$3 million paid over 3 years. RTEC retained a 1 percent Net Smelter Royalty (NSR) on the Escape Lake claims. Under the PAN Agreement, Benton would acquire PAN’s wholly owned Canadian subsidiary, Panoramic PGMs Canada Ltd., which holds the Thunder Bay North Project (the ‘TBN Project’) for $9 million CAD.

Subsequently Benton entered into an agreement with Regency Gold, which later changed its name to Clean Air Metals (TSXV:AIR). Clean Air would pay all remaining payments and complete all commitments under the agreements. Benton received 24.6 million shares of AIR and retains a 0.5 percent net smelter return royalty from production on the Escape Lake Deposit and a 0.5 percent net smelter return royalty from production on any mineral claims comprising the TBN portion of the project where a net smelter royalty has not previously been granted, which includes the Beaver and Cloud Zones plus portions of the Bridge Zone, each being part of the Current Lake deposit excluding the northern portion of the TBN deposit under Current Lake, where there is an existing 3 percent NSR.

Since the closing of the transaction, and in a short period of time, Clean Air has aggressively and efficiently advanced the project with a recent new mineral resource estimate prepared by Nordmin Engineering. It was based on an underground ramp-access constrained resource model with a cut-off value equating to 1.56 g/tonne PdEq (2.56 g/t PtEq) using 3 year trailing average metal prices for all metals except cobalt, which used a 2 year trailing average.

The Current Lake deposit contains an Indicated Mineral Resource of 11,999,177 tonnes grading 3.44 g/t PdEq and an Inferred Mineral Resource of 6,406,960 tonnes grading 2.02 g/t PdEq. The Escape Lake deposit contains an Indicated Mineral Resource of 4,286,220 tonnes grading 3.67 g/t PdEq and an Inferred Mineral Resource of 3,445,179 tonnes grading 2.23 g/t PdEq equating to 1,834,158 ounces PdEq indicated and a total Inferred Resource of 663,660 ounces PdEq.

The TBN project is located 40 km north of the City of Thunder Bay, Ontario and 65 km south of the Lac des Iles palladium mine owned by Impala Canada. Two drills continue to turn, and Clean Air is expected to deliver a PEA in the second quarter of 2021.

Benton has executed an option to joint venture agreement with Rio Tinto Exploration Canada Inc. on the Bark Lake project. Under the terms of the Option, Rio Tinto can earn a 70 percent interest by incurring C$3 million in exploration expenditures and by paying Benton C$50,000 cash over 5 years (the “First Option”). After the First Option period, RTEC may either form a joint venture with Benton on a 70/30 basis or, at its election, increase its interest to 80 percent (the “Second Option”) by spending an additional C$5 million in exploration expenditures over 4 years and by paying Benton C$100,000 cash within 30 days after electing to exercise the Second Option. Upon exercising the Second Option, RTEC may elect to form a joint venture with Benton on an 80/20 basis.

The Bark Lake property hosts widespread greenstone and granitic rock coverage along the Quetico Fault. It is approximately 100 km west of the Escape Lake and Thunder Bay North projects. The Bark Lake property is host to a number of platinum (Pt), palladium (Pd), gold (Au), copper (Cu) and nickel (Ni) showings contained in mineralized ultramafic rock either in outcrop or dozens of mineralized boulders. The mineralized occurrences are situated along the Quetico Fault, a major crustal-scale east west oriented structure. Grab samples collected by Hackl Prospecting have returned grades up to 4.35 g/t Pd, 2.64 g/t Pt, 0.74 g/t Au, 1.2 percent Cu and 0.5 percent Ni. Samples collected by Benton personnel have confirmed significant precious and base metals across the project area. More recent sampling has returned individual assays grading up to 1.5 percent Ni, 1.2 percent Cu, 2.6 g/t Pt, 1.4 g/t Pd and 0.7 g/t Au. Twelve out of the 16 samples taken from the area returned results higher in Platinum than Palladium. Also of particular interest was the discovery of several semi-massive, net-textured sulphide boulders, with one measuring around 1 cubic metre in size and assaying 1.5 percent Ni. The boulders are angular in nature and believed to be located very close to the source.

In order to determine the source of the high-grade boulders, Benton carried out an extensive exploration program on the property including line-cutting, ground magnetics, ground IP, geological mapping and prospecting. The Mag and IP survey helped to define an ultramafic intrusion to the north of the property. Drill targets were defined based on the geophysical interpretation and Benton intersected the ultramafic intrusion in holes BL-08-04 and BL-08-05. Weak mineralization was present in these intersections but not to the same degree as in the boulders.

Subsequent drilling completed by RTEC in 2018 on the Bark Lake project encountered mineralization of 0.31 percent Cu and 0.72 g/t Pt + Pd over 19.2 m (see PR: Benton Receives Results from Rio Tinto on Bark Lake Option, dated May 25, 2018).

Benton has also entered into an option agreement with Rio Tinto Exploration Canada Inc. whereby RTEC will have the right to earn a 100% interest in Benton’s Baril Lake West claims located approximately 5 km west of Benton’s Bark Lake project which is currently under option to RTEC. Pursuant to the terms of the agreement, RTEC can earn 100 percent of the Baril project by paying Benton C$200,000 over 4 years and should RTEC achieve commercial production at the project, will pay Benton an additional C$1,000,000. The Company will also retain a 2 percent Net Smelter Royalty (NSR), 1 percent of which can be purchased by RTEC for C$1,000,000. The Company considers the Baril Lake project to be a favourable setting to potentially host copper-nickel and platinum group metals. Drilling completed by RTEC on it 100 percent owned Baril Lake Project located approximately 700 m east of Benton’s Baril Lake West had discovered a new significant mineralized zone grading 4.78 percent Ni and 0.43 percent Cu over 2.08 m in 2018 (Ontario ENDM Assessment File: 200000017073).

Benton announced on August 11, 2020 that it had entered into an Option Agreement with 2752300 Ontario Inc., a private Ontario company, which has now been acquired by Metallica Metals Corp. (through its ownership of 2752300 Ontario Inc.). The company can earn up to a 100 percent interest in the Project by completing the following:

Metallica, at its election, may then provide the company with the notice that it intends to earn an additional 30 percent interest (taking its interest to 100 percent, subject to underlying NSRs) in the Project by:

Drilling highlights include 5.36 g/t gold over 20m at the Starr zone and 32.0 g/t at the Powel zone.

The Panama Lake gold project is hosted in the prolific Red Lake Mining District and stands 55 km northeast of Ear Falls Township. The property has a limited exploration history with minimal drilling conducted by Noranda Exploration in 1988. The drill campaign yielded results of up to 2.8 g/t gold grades over 4.5 m in a 20 to 30 m wide mineralized shear zone.

Benton’s primary focus is on the highly prospective Panama gold zone on the property. In 2018, a drill campaign opened seven new prospective drill holes for testing and mapping purposes. Indicated gold grades from an adjacent mineralized zone showed 6.17 g/t gold surface sampling with the potential for even higher grades with additional drilling.

Ongoing exploration for the project includes high-resolution heliborne magnetic surveying over the entire Panama project. Data from this program will help add additional exploration targets for further prospecting and potentially drilling.

On October 24, 2019, Benton entered into an option agreement with Maxtech Ventures (MVT), pursuant to which MVT will have the option to earn up to a 100 percent interest in Benton’s 100 percent owned Panama gold project. Under the terms of the Option Agreement, subject to regulatory approval, Maxtech will be required to complete the following:

The Option Agreement contains a 2 km area of influence clause that covers the project’s claim boundary. Benton will retain a 2 percent NSR on the project with MVT having the option to buy back 1 percent for C$1 million. In addition, MVT will issue to Benton an additional 1 million MVT common shares upon completion of its initial NI 43-101 compliant resource calculation as defined in the Option Agreement. Should Maxtech earn a 50 percent interest but elect to earn no additional interest, a 50 percent MVT-50 percent Benton joint venture would then be formed. Alternatively, should Maxtech earn a 70 percent interest in the project but not elect to earn any further interest, a 70 percent MVT and 30 percent Benton joint venture would then be formed according to the terms of the Option Agreement.

The Staghorn gold project is in proximity to Marathon Gold’s flagship Newfoundland project and is being advanced by Quadro Resources. Benton currently has 4.2 million shares of Quadro Resources.

The property has 160 claim units covering 4,000 hectares. With fieldwork already underway, Quadro has the potential to expand exploration efforts on the three recently identified gold-rich systems, which require follow-up drilling. In December 2020, the latest drill campaign totaled 1,696 m with 13 completed drill holes. The exciting discovery of a new gold zone at Marks Pond saw 3.22 g/t gold over 5 m.

Quadro commenced follow-up drilling in February 2021, emphasizing the Marks Pond area. Soil anomalies and ideal winter mining conditions make this next step in exploring the Staghorn project a very promising one.

The Iron Duke gold project is located 20 km east of the past-producing Mattabi/Sturgeon Lake base metal deposits and 30 km south of the past-producing St. Anthony gold mine in Northwestern Ontario. Benton has 100 percent interest in the project via staking.

The property hosts limited exploration history and comprises 47 units in three claims. Past property owners have engaged in some diamond drilling and base metal exploration with reported grades of 0.19 g/t gold at 11.8 m and 1.07 g/t gold at 0.5 m.

The property’s widespread anomalous gold values and potentially unique iron formation horizon merit picking up exploration efforts from past property ownership. The company expects drilling commencement in August 2021 to test previously obtained high-grade trenching sample results.

Stephen Stares is a successful business entrepreneur with over 25 years of mineral exploration experience. His first seven years were spent with Noranda Exploration on such projects as the Hemlo gold mines, Eagle River gold deposit and the Geco and Mattabi base metal camps. The next 10 years of Stares’ career were spent managing Stares Contracting Corp’s operations, a successful mineral exploration services company in Thunder Bay, Ontario.

Since founding the company in 2004, Stares has been president of Benton Resources. He has been directly involved in the start-up of 10 publicly traded companies on the TSX Venture Exchange by assembling projects of merit and raising millions of dollars for these junior exploration companies. Throughout his career, Stares has discovered several major mineral occurrences in Canada that have been the subject of extensive exploration programs.

In March of 2007, Stephen and Michael Stares, along with the rest of the Stares/Keats family, were the proud recipients of the Prospectors and Developers Association (PDAC) Bill Dennis Prospector of the Year Award. This award was given to recognize the family’s contributions to the industry for the past 40 years.

Evan Asselstine received his Honours Bachelor of Commerce Degree from Lakehead University and is a member of the Institute of Chartered Professional Accountants of Ontario. Asselstine has been the CFO of Benton Resources Inc. since its inception in 2012. Prior, he has been the controller and then CFO for Alset Energy Corp. (formerly Benton Capital Corp.) and has served as controller for Metals Creek Resources Corp., a public exploration company, since its inception in January 2008. Prior, Asselstine spent over four years in finance positions in private industry, including over two years as controller for a private land development firm and over seven years working in public accounting, and obtained his Chartered Accountant designation with Ernst & Young LLP in 2002.

Nathan Sims has filled various technical roles at Benton since 2006. A graduate of Lakehead University (HBSc) and Sir Sandford Fleming College (GIS-AS), Sims is the Qualified Person for Benton’s disclosure requirements and is a current member of both the Association of Professional Geoscientists of Ontario (#2009) and the Professional Engineers and Geoscientists Newfoundland & Labrador (#9409).

Li mineralization (spodumene) drilled to a vertical depth of 70 m at the Discovery Dyke; spodumene-bearing dykes, up to 22-m wide, located 600 m to the East of the Discovery Dyke

Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") are pleased to report the final assay results from the 1,025-m reconnaissance drilling program carried out this past winter and report on recent trenching from the Kraken Pegmatite Field on the Golden Hope Joint Venture Property in southwest Newfoundland.

Benton's President and CEO Stephen Stares, states: "We are pleased to now have our camp, drill, and equipment on-site and operational. The stripping on the East dyke has shown excellent spodumene mineralization and has exposed geological contacts to help understand the orientation and behavior of the dykes in this area. With several prospective targets to test, we are excited to get our Phase 2 program underway on the East dyke in the coming days."

Sokoman's President and CEO Tim Froude, comments: "We have learned a great deal from the recon drill program about the Discovery Dyke area and we will use that information, coupled with ongoing trenching data, to plan the Phase 2 program which will start imminently. We have already exposed a significant spodumene-bearing dyke in the eastern portion of the Kraken swarm that last year's sampling returned an assay of 1.93% Li2O and this is where Phase 2 drilling will begin. We wish to emphasize that we have just scratched the surface with the exploration to date and that we have extensive work ahead of us to establish the limits of the dyke swarm."

The winter drilling program and current trenching program have located a significant swarm of lithium-rich pegmatite dykes flanking the regional Bay d'Est Fault. Important structural information was obtained in the drilling showing the dykes, at least in the Discovery Dyke area, are relatively flat-lying, as opposed to vertical to subvertical, the original concept for the reconnaissance drill program. As a result, three of five holes (GH-22-02, -03, -04) did not intersect the target Discovery Dyke. Flat-lying dykes are potentially important as significant lithium (spodumene) mineralization at Piedmont Lithium's Piedmont project in North Carolina is found in flat-lying dykes, which link subvertical dipping dykes.

Active trenching exposes spodumene dyke 600-m east of Discovery Dyke - Kraken Pegmatite Swarm

To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3657/129575_a7d97836147319fc_004full.jpg

Given the results of the recon drill program, the Alliance has mobilized an excavator to expose the dykes to ensure that all drill holes are oriented optimally to test the in situ spodumene-bearing dykes in the upcoming program. Recent trenching on a surface exposure that gave a grab sample assay of 1.93% Li2O (November 9, 2021 news release), which is located approximately 600 m to the east of the Discovery Dyke, has exposed the thickest dykes encountered at Kraken (up to 22 m in apparent thickness). In addition, spodumene crystals up to 15-cm long (see photos) are noted in this outcrop, substantially larger than the few centimetre lengths at the Discovery Dyke. These dykes show dips, mainly subvertical to steeply to the south, as well as possibly flat-lying. Folding is also noted.

Pegmatite Dyke Exposure 600-m East of Discovery Dyke; Spodumene Crystals up to 15 cm Long

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The Kraken Pegmatite Field has been sampled over a strike length of 2,200 m and has an apparent width of 1,200 m, with historical assessment reports indicating pegmatite dykes up to 6 km along trend.

Gold analyses from the host sericite schist units, which carry variable pyrite gave only weakly anomalous values, however, the drilling has tested only 100 m of the 60-km-long structure and the drilling targeted the pegmatite dykes, not gold prospective zones, defined by geochemistry or prospecting, along the Bay d'Est Fault.

All samples are shipped to Activation Laboratories in Ancaster, Ontario for multi-element analysis including lithium, tantalum, cesium and other rare/critical metals by Sodium Peroxide Fusion ICPOES + ICPMS. Gold is analyzed by the fire assay method. A total of 1,165 drill core samples were cut and delivered for analysis.

The property lies along the Baie d'Est fault system, a gold prospective fault structure in southern Newfoundland, that extends through the Sokoman / Benton licences. The Alliance continues to evaluate historical data for significant gold and lithium mineralization and will restart ground prospecting and follow-up exploration in the near future.

This news release has been reviewed and approved by Timothy Froude, P.Geo., a Director of Benton Resources Inc. and President and CEO of Sokoman Minerals Corp. Mr. Froude is a 'Qualified Person' under National Instrument 43-101.

To ensure a working environment that protects the health and safety of the staff and contractors, Benton and Sokoman will continue to use best practices in the course of performing our work programs and will follow any future federal or provincially mandated or recommended COVID-19 guidelines.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly-prospective property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements, and most-recently Lithium assets, and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint-venture properties including Grey River Gold, Golden Hope, and Kepenkeck in Newfoundland that are now being explored.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. The company's primary focus is its portfolio of gold projects: flagship, 100%-owned Moosehead, Crippleback Lake (optioned to Trans Canada Gold Corp.) and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland. The company has also entered into a strategic alliance (the Alliance) with Benton Resources Inc. through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck on the island of Newfoundland. Sokoman now controls independently and through the Alliance over 150,000 hectares (>6,000 claims - 1,500 sq. km), making it one of the largest landholders in Newfoundland, Canada's newest and rapidly-emerging gold district. Sokoman also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the company has a 100% interest in the Iron Horse (Fe) project that has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Sokoman's property.

For further information, please contact:

CHF Capital Markets Thomas Do, IR Manager Phone: 416-868-1079 x 232 Email:thomas@chfir.com

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

Sokoman Minerals Corp. Timothy Froude, P.Geo., President & CEO Phone: 709-765-1726 Email:tim@sokomanmineralscorp.com

Website: www.bentonresources.ca, www.sokomanmineralscorp.com Twitter: @BentonResources, @SokomanMinerals Facebook: @BentonResourcesBEX, @SokomanMinerals LinkedIn: @BentonResources, @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Alliance's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Alliance's prospects, properties and business detailed elsewhere in the Alliance's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Alliance does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Alliance's expectations or projections.

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Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman") and Benton Resources Inc. (TSXV:BEX) ("Benton") and, together (the "Alliance")today announced that the Alliance has initiated drilling on the Grey River Gold Project, located in southern Newfoundland. In addition, the Alliance has nearly completed the camp construction at the Kraken Lithium discovery, located in southwest Newfoundland near the village of Burgeo, and the drill rig is on-site ready to start drilling

At the Grey RiverGold Project, the first two holes have been completed and are being logged, cut and sampled for gold analysis. This current campaign will include a planned 20-hole program to follow up on the successful five-hole 2021 program that saw significant gold mineralization intersected in all holes spread over a five km strike length (See March 16, 2022 press release). The first three holes will be 25 m to 50 m step-out holes centered around GR-21-01, the furthest hole to the east which intersected three parallel zones of gold mineralization including 1.80 m of 10.58 g/t Au.) The fourth hole will be drilled one km east of GR-21-01 to test a new 1.0 g/t Au surface sample collected in the early summer of this year. The mineralization on the Grey River property is associated with large zones of silica associated with disseminated and stringer pyrite (from 2% - 20% pyrite) within the >10 km-long quartz/silica body. In addition, the Alliance is also looking at various technologies for more precise targeting of high-grade mineralization along the large structural zone which will be ongoing as drilling is complete. Further prospecting and mapping will be conducted to assist with drill targeting.

At the Kepenkeck Gold-Uranium Project, the Alliance has recently made the annual option payments to the vendors of the property and is planning further prospecting, mapping, and soil sampling to begin shortly. The 2021 summer exploration season returned results from trace elements up to 5.46 g/t Au in selective sampling along with several areas grading > 1.0 g/t that will be subject to follow-up.

Tim Froude, President and CEO of Sokoman comments; "In addition to our aggressive drill campaign on our 100%-owned Moosehead Gold Property, we are very excited to have a drill turning at Grey River and drilling to commence shortly at the Kraken Lithium prospect at the Golden Hope property. The Grey River program will represent the most significant gold exploration program undertaken on the extensive quartz +/- sulphide system that we now know to host significant gold mineralization from our 2021 drilling. We expect to be completing up to 20 holes across the length of the silica zone which should take us into early Fall."

Stephen Stares, President and CEO of Benton states; "We're confident that this year will be very productive for our shareholders as our plans represent the most aggressive, multi-project exploration program we have ever undertaken. The quality of these projects is second to none and I'm very optimistic that our upcoming work will return favourable results. We look forward to providing updates as the summer season progresses."

This news release has been reviewed and approved by Timothy Froude, P.Geo., President and CEO of Sokoman Minerals Corp., and Stephen House, P.Geo., VP Exploration for Benton Resources Inc., both of whom are 'Qualified Persons' under National Instrument 43-101.

To ensure a working environment that protects the health and safety of the staff and contractors, Benton and Sokoman are operating under federally and provincially mandated and recommended COVID-19 guidelines.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. The company's primary focus is its portfolio of gold projects: flagship, 100%-owned Moosehead, Crippleback Lake (optioned to Trans Canada Gold Corp.) and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project in northwestern Newfoundland, which is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland. The company also recently entered into a strategic alliance with Benton Resources Inc. through three large-scale joint venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland. Sokoman now controls independently and through the Benton alliance more than 150,000 hectares (>6,000 claims - 1,500 sq. km), making it one of the largest landholders in Newfoundland, Canada's newest and rapidly-emerging gold district. The company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the company has a 100% interest in the Iron Horse (Fe) project that has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Sokoman's property.

Benton also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV:SIC) through three large-scale joint venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland and Labrador that are now being explored.

For further information, please contact:

CHF Capital Markets Thomas Do, IR Manager Phone: 416-868-1079 x 232 Email:thomas@chfir.com

Sokoman Minerals Corp. Timothy Froude, P.Geo., President & CEO Phone: 709-765-1726 Email:tim@sokomanmineralscorp.com

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

Website: www.sokomanmineralscorp.com, www.bentonresources.ca Twitter: @SokomanMinerals, @BentonResources Facebook: @SokomanMinerals, @BentonResourcesBEX LinkedIn: @SokomanMinerals, @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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Benton Resources Inc. (TSXV: BEX) ("Benton") is pleased to report that Clean Air Metals Inc. ("Clean Air"), of which Benton has a substantial shareholding, has announced new assay results from the 2022 drill campaign from the Escape PGE-Cu-Ni Deposit at the Company's Thunder Bay North Project near Thunder Bay, Ontario, Canada (the "Project").

As reported by Clean Air, highlights from the Escape South deposit area includes:

The Escape Deposit underwent 37,000 m of expansion drilling in 2021, which Clean Air expects to add materially to the maiden Indicated Mineral Resource of 849,481 ounces PtEq (6.16 g/t PtEq in 4.28 million tonnes) reported January 20, 2021. The Current Deposit 2.5 km to the east has a well-defined Indicated Mineral Resource of 2,233,575 PtEq ounces (5.79 g/t PtEq in 11.99 million tonnes).

The Escape Deposit also underwent an additional 37,000 m of expansion drilling in 2021, which has established continuity between the Escape South HGZ and the Escape North Zone and may add materially to the total Thunder Bay North Project Indicated insitu mineral resource (effective November 1, 2021) of 8.12 g/t PtEq in 14,553,324 million tonnes (reported December 1, 2021).

Mineral resource endowment and platinum-equivalents are quoted pursuant to the Technical Report and Mineral Resource Estimate for the Thunder Bay North Project, Thunder Bay, Ontario, with an effective date of January 20, 2021 (the "Technical Report"). The Technical Report was posted to SEDAR on March 4, 2021 and prepared by Nordmin Engineering Ltd.- QP Glen Kuntz, P.Geo. Ontario. Nordmin as QP utilized 2-year trailing average metal price assumptions for the updated mineral resource as a basis for the Preliminary Economic Assessment reported on December 1, 2021 and filed January 12, 2022.

Clean Air also advised that it has paid Panoramic Resources Limited ('Panoramic') the second deferred consideration instalment payment of C$1.5 million from the sale of the Thunder Bay North PGM Project. The sale of the Thunder Bay North Project was completed via a Share Purchase Agreement in the 2020 financial year (refer to Clean Air Announcement May 14, 2020) whereby Panoramic's wholly-owned subsidiary Magma Metals Pty Limited sold all shares it held in Panoramic PGMs Canada Limited to Clean Air Metals Inc for total consideration of C$9.0 million. Inclusive of this latest instalment (C$1.5 million), Panoramic has received sale proceeds totaling C$7.5 million to date. The final deferred consideration payment of C$1.5 million is due to be received by May 13, 2023. A related transaction with Rio Tinto Exploration Canada for the purchase of the Escape Property for C$6.0 million has been paid in full. Both transactions fall under an Option-Purchase Agreement with Benton.

Finally, Clean Air advises that DRA AMERICAS INC ("DRA") is the successful bid under a request for proposal (RFP) for Pre-feasibility Metallurgical Testing and Process Plant Design for the Thunder Bay North Project. The DRA team has reviewed the existing and historical metallurgical testing results and marketing studies culminating in the Preliminary Economic Assessment (PEA) by Nordmin Engineering, the technical report of which was filed on SEDAR on January 12, 2022. DRA will leverage existing knowledge on standard crush, grind, flotation process design and smelter payabilities into the next phase of testing and metallurgical optimization, including amenability to hydrometallurgical recoveries of the main platinum, palladium, copper, nickel commodity suite with rhodium cobalt, gold and silver byproducts.

Readers are encouraged to view the Clean Air announcement in its entirety at:

https://www.cleanairmetals.ca/news-media/news-releases/clean-air-metals-reports-drill-results-and-corpora-122552/

Benton continues to hold approximately 24.6 million shares in Clean Air Metals Inc. and holds a 0.5% net smelter return royalty ("NSR") from production on the Escape Lake portion of the project and a 0.5% NSR from production on any mineral claims comprising the original Thunder Bay North portion of the project on which an NSR has not previously been granted.

On behalf of the Board of Directors of Benton Resources Inc., "Stephen Stares" Stephen Stares, President

Benton also recently entered into a 50/50 strategic alliance with Sokoman Minerals through three large-scale joint venture properties including Grey River, Golden Hope and Kepenkeck in Newfoundland that are now being explored. Most advanced projects have an up-to-date NI 43-101 Report available.

For further information, please contact:

CHF Capital Markets Thomas Do, IR Manager Phone: 416-868-1079 x 232 Email:thomas@chfir.com

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email: sstares@bentonresources.ca

Website: www.bentonresources.ca Twitter: @BentonResources Facebook: @BentonResourcesBEX LinkedIn: @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125419

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Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') would like to cordially invite you to visit us at Booth #823 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Tuesday May 17 - Wednesday May 18, 2022.

Former Prime Minister of Canada Stephen Harper and Former President of Mexico Felipe Calderon are two of the marquee speakers at the 2022 Resource Investment Conference. VRIC will host more than 100 international keynote speakers covering the hottest topics in finance, economics and geopolitics on May 17th and 18th, 2022.

Also presenting are best-selling finance author Robert "Rich Dad" Kiyosaki, dozens of globally respected economists, legendary money managers, and investors. The conversations on stage will cover the most important investment opportunities and key issues in macro-finance.

The VRIC will include a marketplace of 225 investment opportunities in the mining industry, spanning early-stage exploration to advanced-stage producing mines.

For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.

We look forward to seeing you there.

About Benton Resources Inc. Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio in Lithium, Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored. Most advanced projects have an up-to-date NI 43-101 Report available.

For further information, please contact:

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

CHF Capital Markets Thomas Do, IR Manager Phone: 416-868-1079 x 232 Email:thomas@chfir.com

Website: www.bentonresources.ca Twitter: @BentonResources Facebook: @BentonResourcesBEX LinkedIn: @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123794

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The 8.4 metre pegmatite dike averaged 0.95% Li2O with grades hitting a high of 1.76% Li2O

Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, ("the Alliance") are pleased to report the first assay results from the 1,025 m reconnaissance drilling program, that tested the recently discovered Kraken pegmatite field on the Golden Hope Joint Venture Property in southwestern Newfoundland. The samples were cut from an 8.40 m wide (drilled thickness), spodumene-bearing, pegmatite dike that returned the following assays:

Widths reported are believed to be 90% of true thickness To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3657/117981_8c6b5b92c4c7b816_003full.jpg

Assay values ranged from 0.08% to 1.76% Li2O reflecting variations of spodumene content, and the presence of occasional barren wall rock or quartz vein inclusions, averaging 0.95% Li2O over 8.40 m from 47.8 to 56.2 m. Other pegmatite dikes ranging from 0.40 m to 2.30 m with variable spodumene content were also intersected in hole GH-22-01 with assays pending. Gold analysis results from the host sericite schist units carrying variable pyrite are also pending. All samples submitted, 1,165 including blanks and standards, for the remainder of GH-22-01 as well as for holes GH-22-02 to 06 are pending.

Golden Hope Project - Kraken Pegmatite Swarm Drilling/Sampling Update

To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3657/117981_map1.png

The 1,025 m program focused on a 100 m by 150 m area in the vicinity of the initial discovery (see map), which included more than 100 float and outcrop grab samples and composite chip samples, that returned lithium values ranging from 0.05% to 2.37% Li2O. Multiple mineralized, spodumene-bearing dikes were intersected in all drill holes ranging from less than 1.0 m to 8.40 m in drilled thickness (true thicknesses believed to be 90% of drilled thickness), from surface to approximately 50 m vertically below surface. The Kraken pegmatite field has been sampled over a strike length of 2,200 metres and an apparent width of 1,200 metres, and historical assessment work reports pegmatite dikes exposed up to 6 kilometres along trend.

All samples have been shipped to Activation Laboratories in Ancaster, Ontario for multi-element analysis including lithium, tantalum, cesium and other rare/critical metals by Sodium Peroxide Fusion ICPOES + ICPMS. Gold will be analyzed by fire assay.

The property lies along the Bay d'Est fault system, a gold prospective fault structure in southern Newfoundland that extends through the Sokoman/Benton licences. The Alliance continues to evaluate historical data for significant gold and lithium mineralization and will restart ground prospecting and follow-up exploration once weather conditions permit.

Benton's President and CEO Stephen Stares, states: "The first drill hole drilled for lithium on the Island of Newfoundland has confirmed good grades of lithium comparable to other lithium pegmatite systems worldwide. We've barely scratched the surface of this extensive system and we're anxious to get back on the ground, prosecting, sampling, mapping and drilling and completing more regional exploration in general. Both companies are very well financed to execute our upcoming field season plans. I'm confident that this summer will unveil excellent value for our shareholders."

Sokoman's President and CEO Tim Froude, comments: "The Alliance is pleased with the first assays from our recon drilling program at the Kraken pegmatite field. Our objectives for the program were to establish significant lithium values to depth and to better understand the distribution and orientation of the dikes - the results have confirmed our objectives, with grades reported comparing favourably to many global lithium projects currently known. We wish to emphasize that we have just scratched the surface with the exploration to date, and that we have extensive work ahead of us to establish the limits of the dike swarm given that previous workers have reported pegmatites at least six kilometres on trend from the area just drilled. The Alliance is purchasing a camp to facilitate a larger drill program that will be put in place once we receive all required permits. In the meantime, as soon as conditions allow, we will be prospecting and sampling the many reported dike occurrences beyond the area already sampled to establish the true extent of the lithium-enriched dike swarm."

The Alliance has created a short video for this announcement. Investors can watch it HERE.

This news release has been reviewed and approved by Timothy Froude, P. Geo., President and CEO of Sokoman Minerals Corp. a 'Qualified Person' under National Instrument 43-101.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio in Gold, Silver, Nickel, Copper, Lithium, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. In 2021, Benton entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored.

For further information, please contact:

CHF Capital Markets Cathy Hume, CEO Phone: 416-868-1079 x 251 Email:cathy@chfir.com

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

Sokoman Minerals Corp. Timothy Froude, P. Geo., President & CEO Phone: 709-765-1726 Email:tim@sokomanmineralscorp.com

Website: www.bentonresources.ca, www.sokomanmineralscorp.com Twitter: @BentonResources, @SokomanMinerals Facebook: @BentonResourcesBEX, @SokomanMinerals LinkedIn: @BentonResources, @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117981

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Emerita Resources Corp. (TSX V: EMO; OTC: EMOTF) (the "Company" or "Emerita") is pleased to report that the nominees listed in the management proxy circular dated June 24, 2022 for the annual and special meeting of shareholders of Emerita held on July 21, 2022 (the "Meeting") were elected as directors of the Company. The appointment of each of the nominees to the Company's board was approved by more than 92% of the votes cast at the Meeting. Shareholders at the Meeting also approved the appointment of the Company's auditors and the Company's amended and restated stock option plan. Emerita management would like to thank shareholders for their participation and continuing support.

About Emerita Resources Corp. Emerita is a natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company's corporate office and technical team are based in Sevilla, Spain with an administrative office in Toronto, Canada.

Vincent Chen +1 778 990 9433 (Toronto) vchen@emeritaresources.com

Cautionary Note Regarding Forward-looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, the Company's future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Emerita, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Emerita has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information 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 information. Emerita does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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.

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1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") announces that due to current market conditions the Company has changed the size of and repriced its short form prospectus offering (the "Offering") previously announced on May 4, 2022, from 15,625,000 common shares ("Common Shares") at a price of $0.08 per Common Share to 15,000,000 Common Shares at a price of $0.05 per Common Share. Closing of the Offering remains subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities. The net proceeds of the Offering will be used for on-going exploration expenditures on the Company's properties and general corporate purposes.

The Company will also be undertaking a non-brokered private placement of 4,000,000 flow-through Common Shares (the "FT Shares") at a price of $0.08 per FT Share (the "Private Placement"). The FT Shares will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income TaxAct (Canada)) and will be sold on a charitable flow-through basis. The proceeds of the sale of the Private Placement will be used to fund "Canadian exploration expenses" (within the meaning of the Income Tax Act (Canada)) to be incurred by no later than December 31, 2023 for renunciation to investors in the Private Placement effective December 31, 2022.

The shares under the Private Placement will be subject to a four-month hold period and will not be offered or registered in the United States. Closing of the Private Placement is anticipated to occur on or before July 30, 2022 and is subject to customary closing conditions including, but not limited to, the negotiation and execution of subscription agreements and the receipt of applicable regulatory approvals, including approval of the TSX Venture Exchange.

A finder's fee of cash, shares or finder's warrants, or a combination thereof, may be paid to eligible finders with respect to the Private Placement.

The Common Shares being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold within the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Common Shares in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and underexplored regions "Gaspé, Chibougamau Québec". With a dedicated management team, the Company's goal is to create shareholder value through the discovery of new deposits.

(signed) "Sylvain Laberge"

Sylvain Laberge President and CEO 514.702.9841 Slaberge@1844resources.com

This press release contains statements which, other than statements of historical fact constitute "forward-looking statements" within the meaning of applicable securities laws, including statements with respect to: results of exploration activities, mineral resources. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. This press release contains forward-looking information in a number of places, such as in statements relating to use or proceeds from the Offering and the Private Placement, the closing of the Offering and the Private Placement and the ability to obtain the necessary regulatory approvals. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of the mining industry, as well as those risk factors discussed or referred to in the Company's annual information form for the year ended April 30, 2021, available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.

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

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

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Atico Mining Corporation (the "Company" or "Atico") (TSX.V: ATY | OTCQX: ATCMF) announces its operating results for the three months ended June 30, 2022 from its El Roble mine. Production for the quarter totaled 3.59 million pounds of copper and 2,811 ounces of gold in concentrates, a decrease of 16% for copper and an increase of 4% for gold, over the same period in 2021.

"The El Roble mine delivered well despite having to stop operations for twenty-four days in April. The stoppage was a result of a landslide incident near the dewatering facility, we are very pleased that no injuries resulted from this incident and that damage to equipment was minor. Given the strong start to the year along with good performance during the operating days of this quarter, the Company is already back on track to deliver on guidance for the year" said Fernando E. Ganoza, CEO. "In second half of the year, we will continue our strong focus towards mine vicinity exploration at the El Roble mine, looking to extend mineralization at depth and along strike."

Overall production was below Company budget for the second quarter, entirely explained by the twenty-four-day stoppage which resulted in less than expected processed tonnes. The decrease in copper production is mainly explained by the decrease in processed ore along with a slight decrease in head grade over the same period last year. The gold output completely offset the lower processed tonnes in the quarter as we saw a significant improvement in head grade relative to Q2-2021. The operation remains on track to deliver on set guidance throughout the remainder of the year.

Note: Metal production figures are subject to adjustments based on final settlement. The reported results are preliminary in nature and are awaiting independent lab verification.

The number of shipments the Company can export in any given quarter depends on several variables some of which the Company does not control, hence there may be an inherent variability in tonnes shipped quarter to quarter.

Note: Concentrate figures are subject to adjustments based on final settlement.

The El Roble mine is a high grade, underground copper and gold mine with nominal processing plant capacity of 1,000 tonnes per day, located in the Department of Choco in Colombia. Its commercial product is a copper-gold concentrate.

Since obtaining control of the mine on November 22, 2013, Atico has upgraded the operation from a historical nominal capacity of 400 tonnes per day.

El Roble has Proven and Probable reserves of 1.00 million tonnes grading 3.02% copper and 1.76 g/t gold, at a cut-off grade of 1.3% copper equivalent as of September 30 th , 2020. Mineralization is open at depth and along strike and the Company plans to further test the limits of the deposit.

On the larger land package, the Company has identified a prospective stratigraphic contact between volcanic rocks and black and grey pelagic sediments and cherts that has been traced by Atico geologists for ten kilometers. This contact has been determined to be an important control on VMS mineralization on which Atico has identified numerous target areas prospective for VMS type mineralization occurrence, which is the focus of the current surface drill program at El Roble.

Mr. Thomas Kelly (SME Registered Member 1696580), advisor to the Company and a qualified person under National Instrument 43-101 standards, is responsible for ensuring that the technical information contained in this news release is an accurate summary of the original reports and data provided to or developed by Atico.

About Atico Mining Corporation Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash flow through the operation of the El Roble mine and is developing its high-grade La Plata VMS project in Ecuador. The Company is also pursuing additional acquisition of advanced stage opportunities. For more information, please visit www.aticomining.com .

ON BEHALF OF THE BOARD

Fernando E. Ganoza CEO Atico Mining Corporation

Trading symbols: TSX.V: ATY | OTC: ATCMF

Investor Relations Igor Dutina Tel: +1.604.633.9022

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.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘‘U.S. Securities Act''), or any state securities laws, and may not be offered or sold in the United States, or to, or for the account or benefit of, a "U.S. person" (as defined in Regulation S of the U.S. Securities Act) unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

Cautionary Note Regarding Forward Looking Statements

This announcement includes certain "forward-looking statements" within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation the use of net proceeds, are forward-looking statements. Forward- looking statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs; the need to obtain additional financing to maintain its interest in and/or explore and develop the Company's mineral projects; uncertainty of meeting anticipated program milestones for the Company's mineral projects; and other risks and uncertainties disclosed under the heading "Risk Factors" in the prospectus of the Company dated March 2, 2012 filed with the Canadian securities regulatory authorities on the SEDAR website at www.sedar.com

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World Copper Ltd. (TSXV: WCU) (OTCQX: WCUFF) (FSE: 7LY0) ("World Copper" or the "Company") reports that, pursuant to their news release dated June 29, 2022, the Company has closed a first tranche of the Placement. On July 21, 2022 the Company issued 4,264,414 Units for gross proceeds of $1,279,324.20. Each unit consists of one common share (a "Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to acquire one additional share of the Company for a period of two years from the date of issuance at a price of $0.60 per share. The expiry of the Warrants may be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange ("TSXV") is equal to or greater than $1.00 for a minimum of twenty consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrants.

No finder's fees were paid pursuant to this first tranche closing.

All securities issued in the Offering have a four-month plus one day hold period, during which time the securities may not be traded. Closing of the Offering is subject to the final acceptance of the TSXV.

The net proceeds from the Offering are intended for exploration and development of the Company's Escalones and Zonia assets, and general working capital.

The Company further announces that, subject to TSX Venture Exchange acceptance, it has entered into an agreement with Paradox Public Relations Inc. ("Paradox") of Montreal, Quebec, whereby Paradox will provide investor relations services to the Company. The term of the agreement is for 36 months, effective July 21, 2022, and may be terminated at any time, by either party, with 30 days written notice. Paradox will receive a monthly fee of CAD $10,000 and, pursuant to the Company's stock option plan and TSX Venture Exchange Policy 3.4, will be granted 1,000,000 options with quarterly vesting provisions over 12 months and, an expiry date of 36 months from the date of grant. Paradox is at arm's length to Company.

This press release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

World Copper Ltd., headquartered in Vancouver, BC, is a Canadian resource company focused on the exploration and development of its copper porphyry projects: Escalones and Cristal in Chile, and Zonia in Arizona. Two of these projects have estimated resources with significant soluble copper mineralization, and each has additional copper porphyry targets with exciting potential to expand the resource base.

The World Copper team has a unique skill in navigating the mining sector within Chile, with some members having worked in the country for more than 40 years and with discovery success.

Detailed information is available at World Copper's website at www.worldcopperltd.com, and for general Company updates you may follow us on our social media pages via Facebook, Twitter & LinkedIn.

The Escalones porphyry-skarn copper-gold project has estimated inferred resources of 426 million tonnes of 0.367% total copper within the oxidized zone, based on nearly 25,000m of drill core from 53 holes. The 3.45 billion pounds of copper should be amenable to heap leaching with an average recovery of 71%. The Company is focused on exploring the Mancha Amarilla target immediately to the south of the existing resource. In addition, three significant hydrothermal alteration zones, each measuring between 2,000 m and 3,000m in diameter, lie 8-10 km to the north of the main discovery.

Mineral resources are not mineral reserves and do not have demonstrated economic viability as there is no certainty that all or any part of the resources will be converted into reserves. Inferred resources are that part of a mineral resource for which quantity and grade or quality are estimated based on limited geological evidence and sampling. It is reasonably expected that the inferred resources could be upgraded to indicated resources with continued exploration.

About the Escalones February 2022 PEA Study

On February 15, 2022, the Company announced the following outstanding results of the Preliminary Economic Assessment ("PEA") for the Escalones project:

The exceptional results of the Escalones PEA confirm what we at World Copper have always believed - that Escalones has the potential to be one of the most impressive copper properties in South America. Escalones now joins a peer group of large-scale, study-backed, development stage assets. Escalones has several attributes that make it attractive for development including robust economics, strong value metrics and the potential of rapid returns for a comparably low capital investment. The results of the PEA, combined with Escalones' large land package and resource expansion potential, make it a truly outstanding project.

The Preliminary Economic Assessment is considered preliminary in nature and includes Inferred Mineral Resources that are considered too speculative, geologically, to have the economic considerations applied that would allow classification as Mineral Reserves. There is no certainty that the results of the PEA will be realized. All values are reported in US dollars unless otherwise noted.

The Zonia project is in Yavapai County, Arizona, and consists of 261 mineral claims and additional surface rights, all totaling 4,279.55 acres. It is a near-surface, copper-oxide resource and a brownfields site having already been mined in the late 1960s and '70s. The Project is at the PEA level and has been significantly de-risked with over 50,000 metres of drilling completed to date and with substantial amounts of detailed engineering completed. Further details can be found here.

On Behalf of the Board of Directors of

For further information, please contact:

Nolan Peterson, Henk van Alphen or Michael Pound Phone: 604-638-3287 E-mail: info@worldcopperltd.com

Nancy Thompson, Vorticom, Inc. Phone: 212-532-2208 or 917-371-4053

John Liviakis, Liviakis Financial Communications Inc. 415-389-4670

Twitter: https://twitter.com/WorldCopperLtd Facebook: https://www.facebook.com/WorldCopperLtd LinkedIn: https://www.linkedin.com/company/worldcopperltd

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

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, the Company's expectation that it and Cardero will be able to complete the Proposed Transaction, including entering into a Definitive Agreement, the closing and amount of the Private Placement, that Zonia can beadvanced utilizing low-cost open pit mining and heap leach, the results of the PEA, including, without limitation the NPV6%, IRR, estimated costs, average rate of production, the anticipated exploration program results from exploration activities and the anticipated business plans and timing of future activities of the Company, including the timing for the closing of the Proposed Transaction, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that it will be able to negotiate and enter into a Definitive Agreement, and that it will obtain TSXV acceptance and the required corporate approvals of the Proposed Transaction and the Consolidation, that there will be investor interest in the Private Placement, market fundamentals will result in sustained copper and precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Company's projects in a timely manner, the availability of financing on suitable terms for the development, construction and continued operation of such projects and the ability to comply with environmental, health and safety laws.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, requirements for additional capital, actual results of exploration activities, including on the Escalones Project and the Cristal Project, the reasonability of the economic assumptions at the basis of the results of the PEA for the Zonia Project, the estimation or realization of mineral reserves and mineral resources, future prices of copper, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in the Private Placement, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals (including acceptance of the Proposed Transaction, the Private Placement and the Consolidation by the TSXV), permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19 on the Company's business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations, title disputes, the timing and possible outcome of any pending litigation, environmental issues and liabilities, as well as the risk factors described in the Company's annual and quarterly management's discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company's profile at www.sedar.com.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131576

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Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") is pleased to report that on July 20, 2022, the Second Environmental Court in Chile revised the preliminary injunction issued on March 18, 2022 that suspended drilling. The Court decided that drilling can continue, with certain restrictions, at the Vizcachitas Copper Project under the Company's environmental license.

Following the injunction, the Company prepared and filed with the Environmental Court several scientific reports, technical studies and legal opinions showing that the drilling program is compatible with the protection of the Andean Cat and the overall environment.

The Court decision authorized the Company to continue drilling at the Vizcachitas project, with certain operational conditions, including a restricted drilling plan for the first 12 months proposed by the Company. This plan will allow the Company to pursue its original program of illuminating and defining extensions of the mineralized body which still remains open.

Los Andes reiterates its full commitment to complying with all its environmental obligations and continues to engage with all interested parties in a climate of mutual respect.

The Company will continue to expand its previous successful drill program while pursuing the larger goal of completing a Prefeasibility Study in Q4 2022.

About Los Andes Copper Ltd.

Los Andes Copper Ltd. is an exploration and development company with an 100% interest in the Vizcachitas Project in Chile. Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

Mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the technical report dated June 13, 2019, with an effective date of May 10, 2019 and titled "Preliminary Economic Assessment of the Vizcachitas Project", prepared by Tetra Tech.

The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.

Qualified Person ("QP") and Quality Control and Assurance

Antony Amberg CGeol FGS, the Company's Chief Geologist, is the qualified person who has reviewed and approved the scientific and technical information contained in this news release. The QP has validated the data by, supervising the sample collection process, through chain of custody records and inspecting the detailed technical data and quality control and assurance information.

For more information please contact:

R. Michael Jones, P.Eng., CEO rmj@losandescopper.com Tel: +44 203 4407982

BlytheRay, Financial PR Megan Ray Rachael Brooks Tel: +44 207 138 3203

E-Mail: info@losandescopper.com or visit our website at: www.losandescopper.com Follow us on Twitter @LosAndesCopper Follow us on LinkedIn Los Andes Copper Ltd

Certain of the information and statements contained herein that are not historical facts, constitute "forward-looking information" within the meaning of the Securities Act (British Columbia), Securities Act (Ontario) and the Securities Act (Alberta) ("Forward-Looking Information"). Forward-Looking Information is often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend"; statements that an event or result is "due" on or "may", "will", "should", "could", or might" occur or be achieved; and, other similar expressions. More specifically, Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such Forward-Looking Information; including, without limitation, Spinnaker's ability to raise capital, target and attract institutional and retail investors and focus on developing and expanding the network of investors, analysts and financial intermediaries who are interested in Los Andes. Such Forward-Looking Information is based upon the Company's assumptions regarding global and Chilean economic, political and market conditions and the price of metals and energy, and the Company's production. Among the factors that have a direct bearing on the Company's future results of operations and financial conditions are changes in project parameters as plans continue to be refined, a change in government policies, competition, currency fluctuations and restrictions and technological changes, among other things. Should one or more of any of the aforementioned risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the Forward-Looking Information. 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.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131524

News Provided by Newsfile via QuoteMedia

TSXV: LMS) OTCQB: LMSQF) is pleased to announce results of a recently completed rock sampling program at its 100% own Auquis project (the " Property ") located in the Coastal Copper Belt, Peru. A total of 234 rock chip samples were collected to follow up on anomalous soil samples collected earlier in the year (see NR22-06, April 2022). Rock chip sampling has highlighted copper grades ranging from 22 ppm to 12.8% copper across the Property ( Figures 1 and 2 ).

Figure 1. Map highlighting areas where recent rock chip sampling was completed over several peak soil anomalies at Auquis Property, Coastal Copper Belt, Peru. Area defined by red square shows very consistent copper mineralization over 1km x 1km extent is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/22d3ff98-e59e-49c3-a351-7ed150fd0405

Keith Henderson, CEO, commented, "Our recent follow-up sampling program has outlined a large 1km x 1km area of consistent mineralization where 101 samples returned copper values of up to 2.37% copper and 236 ppm molybdenum, with a mean value of 0.13% copper and 6.4 ppm molybdenum. We are very excited about these initial results, with many areas of this large 4,000 hectare property still unsampled."

This portion of the Coastal Copper Belt is the focus of attention for several major mining companies, such as Newmont and Vale.

Figure 2. Location of the Auquis Property in Peru and within the Coastal Copper belt is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3cc93fb3-062a-4705-9791-5d199bef54f5

Recently completed rock chip sampling was focused in the highly anomalous areas identified in a previous soil sampling survey. A total of 234 rock chip samples were collected with values up to 4.74% copper and 236 ppm molybdenum. Mean values from the 234 samples are 0.10% copper and 5ppm molybdenum. These results are very encouraging as regional results but looking more closely at the southeastern portion of the Property, mineralization is seen to be very consistent with highly anomalous values of copper and molybdenum. In this large 1km x 1km area, 101 samples returned values with a mean of 0.13% copper and 6.4 ppm molybdenum. This area is characterized by multiple phases of intrusive rocks with porphyritic textures and copper oxide mineralization.

Recent sampling was focused on testing existing soil anomalies. Other areas of the Property are still open for exploration, and the Company will extend the sampling program. Next steps include a property-wide rock chip sampling and geological mapping program in the next months to define the area for an initial ground magnetic survey.

The work program at Auquis was designed and supervised by Eduardo Leon, the Company's Exploration Manager, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project rigorously prepare and track samples which are security sealed and shipped to the ALS laboratory in Lima. Samples used for the results described herein are prepared and analyzed by multi-element analysis using an inductively coupled mass spectrometer in compliance with industry standards.

The technical content of this release has been approved for disclosure by Keith J. Henderson P.Geo, a Qualified Person as defined by NI 43-101 and the Company's CEO. Mr. Henderson is not independent of the Company, as he is an employee of the Company and holds securities of the Company.

The Company has engaged BTV- Business Television ("BTV") to improve exposure to Canadian capital markets. The engagement is for an initial period of three months, renewable for an additional three months. As consideration, the Company will pay a total fee of $31,850. BTV produces a half-hour weekly investment show, profiles emerging companies across Canada and the US to bring investors information for their portfolio. On air for 20+years, BTV is broadcast nationally on BNN Bloomberg, FOX Business News, BizTV. With Hosts, Taylor Thoen and Jessica Katrichak , BTV interviews top analysts plus features companies at their location for an insightful business perspective. Services provided under the contract with Latin Metals include digital marketing on well-known financial web platforms BNN Bloomberg, Forbes, Yahoo Finance, Seeking Alpha, Financial Post, and Market Watch), Facebook advert campaign, mobile optimized banners, and TV advert for broadcast on BNN Bloomberg. To the Company's knowledge, BTV does not have any direct interest in the Company or its securities.

The Company has also engaged OTCWagon for a one-month market awareness program. As consideration, the Company will pay a total fee of $5,000. To the Company's knowledge, OTCWagon does not have any direct interest in the Company or its securities.

Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America. The Company operates with a Prospect Generator model focusing on the acquisition of prospective exploration properties at minimum cost, completing initial evaluation through cost-effective exploration to establish drill targets, and ultimately securing joint venture partners to fund drilling and advanced exploration. Shareholders gain exposure to the upside of a significant discovery without the dilution associated with funding the highest-risk drill-based exploration.

On Behalf of the Board of Directors of

For further details on the Company readers are referred to the Company's web site ( www.latin-metals.com ) and its Canadian regulatory filings on SEDAR at www.sedar.com .

For further information, please contact:

Suite 890 999 West Hastings Street Vancouver, BC, V6C 2W2

Phone: 604-638-3456 E-mail: info@latin-metals.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 news release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the negotiation of the Option Agreements and exercise of the Option for the Properties, the anticipated content, commencement, timing and cost of exploration programs in respect of the Properties and otherwise, anticipated exploration program results from exploration activities, and the Company's expectation that it will be able to enter into agreements to acquire interests in additional mineral properties, the discovery and delineation of mineral deposits/resources/reserves on the Properties, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as "pro forma", "plans", "expects", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Company's Argentine projects in a timely manner, the availability of financing on suitable terms for the development, construction and continued operation of the Company projects, and the Company's ability to comply with environmental, health and safety laws.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development and mine development activities at the Properties, including the geological mapping, prospecting and sampling programs being proposed for the Properties (the "Programs"), actual results of exploration activities, including the Programs, estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital, future prices of precious metals and copper, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays or the inability of the Company to obtain any necessary permits, consents or authorizations required, including TSX-V acceptance for filing of the Option Agreements, any current or future property acquisitions, financing or other planned activities, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, and risks related to the integration of acquisitions, as well as those factors discussed under the heading "Risk Factors" in the Company's latest Management Discussion and Analysis and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR website at www.sedar.com .

Readers are cautioned not to place undue reliance on forward looking statements. Except as otherwise required by law, the Company undertakes no obligation to update any of the forward-looking information in this news release or incorporated by reference herein .

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