Thunderstruck Resources Reports That Drilling Has Commenced At The Liwa Gold & Silver Project |

Thunderstruck Resources Ltd. (TSXV: AWE) ("Thunderstruck" or the "Company") is pleased to announce the recent commencement of the 2022 drill program in Fiji.

"The drill is turning!" said Bryce Bradley, President and CEO. "Nearly five decades after the discovery of these gold-silver targets, they are finally being drilled. We are excited that the team has successfully mobilized to Liwa with a custom made drill fit for Fiji's unique terrain, and we'll be working hard to complete the program and get assays to market."

The company has hired Valentis, a highly reputable Southeast Asian mineral exploration and drilling company to complete this phase of drilling and train local workers to support.

Further to our press release dated April 25, 2022, the planned drilling program is comprised of an initial five drill holes for 1,500 meters and is designed to test several well-defined epithermal gold-silver targets extending over a three-kilometer strike length, including:

Figure 1: Photo of diamond rig operating at the Vatuvatulevu Prospect, Liwa Project

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2901/137170_0f32a593f4f9a8b3_002full.jpg

Figure 2: Summary map of the Liwa Project

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2901/137170_0f32a593f4f9a8b3_005full.jpg

Valentis is the leading exploration, mining services and advisory company in Southeast Asia, with extensive experience and success in developing opportunities and maximizing value for local and international companies undertaking exploration and mining activities in resource-rich Southeast Asia.

For more information, visit their website here.

Fiji is on the Pacific Ring Of Fire, a prolific trend that has produced numerous large gold and copper deposits, including Porgera, Lihir and Grasberg.

Viti Levu, the main island of Fiji, has a long mining history. It hosts not only the Thunderstruck tenements, but also the following active projects:

Namosi (Copper/Gold) Newcrest published proven and probable reserves of 1.3 billion tonnes at 0.37%Cu and 0.12g/t Au (5.2M ounces Au and 4.9M tonnes Cu).

Tuvatu (Gold) Indicated Resources of 1 million tonnes at 8.48 g/t Au (274,600 ounces Au), and Inferred Resources of 1.33 million tonnes at 9.0 g/t Au (384,000 ounces Au) reported at a 3.0 g/t Au lower cut-off.

Vatukoula Gold Mines: Formerly known as the Emperor Gold Mine has been operating for over 80 years, producing in excess of 7 million ounces of Au to date.

Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed zinc, copper and precious metals mineralization. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF."

The technical information in this news release was reviewed by Peter Duerden, RPGeo, Technical Advisor to Thunderstruck Resources, and a qualified person as defined by National Instrument 43-101 (NI 43-101).

For additional information, please contact: Rob Christl, VP Business Development and Investor Relations Email: rob@thunderstruck.ca P: 1-778 840-7180 or, visit our website: http://www.thunderstruck.ca

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

This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137170

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The Pacific Ring of Fire is home to a 12,000 km trend that contains rich gold and copper deposits. And while various countries located along the Ring of Fire have established mining industries, Fiji remains a hidden gem for the mining industry — one that’s ripe for exploration, development, and production.

Fiji is a country composed of over 300 islands and is best described as a hotbed for seismic activity. Fijian islands like Viti Levu, when combined with historical seismic activity, present favorable conditions for mining. In fact, Viti Levu contains an estimated 5.2 million ounces of gold and 4.9 million tonnes of copper. Plus, Fiji features an 80 year history of mining on the island, possesses an experienced mining workforce, robust infrastructure and a mining friendly government.

Thunderstruck Resources (TSXV:AWE,OTC:THURF) is a Canadian mineral exploration company with a promising portfolio of projects located on Fiji’s main island of Viti Levu. Recent and historical exploration data of these projects has confirmed the presence of zinc, copper and precious metals mineralization. This diversified project portfolio allows investors exposure to each of these markets. Thunderstruck Resources is led by a strong, experienced management team with decades of applicable experience in geology, mining and international finance.

According to Bryce Bradley, Thunderstruck’s CEO, Fiji presents the perfect opportunity for Thunderstruck Resources investors. In an interview with Adelaide Capital, she explains, “Fiji is really underexplored because of its remoteness. People were wondering, why invest in something so remote? Well, it’s precisely because it’s so remote that it has not been picked over and that it’s ripe for exploration. The Vatukoula Gold mine, located near the Thunderstruck projects, has been in operation for over 80 years. This means that there is a skilled labor force, the island is mining-friendly and that there is a fully-developed infrastructure.”

Thunderstruck Resources project portfolio covers approximately 3 percent of Fiji’s main island of Viti Levu. The company’s complete project portfolio consists of underexplored projects that have already indicated the presence of valuable minerals. Liwa Gold, the company’s flagship project has had geochemical and geophysical programs conducted recently, indicating the potential to become a high-grade gold and silver-producing project. A maiden drilling program and further exploration commenced in the fall of 2021.

There have been four priority gold zones identified throughout the Liwa Gold project, over 3km, with each area having promising rock and soil sample results that indicate the presence of high-grade gold and silver. Multiple geochemical and geophysical survey campaigns have provided further evidence of high-grade precious minerals.

This project is located on Fiji’s largest island, Viti Levu. The Liwa project has four high-grade gold prospects within a 3-km structural corridor. Thunderstruck’s recent geochemical and geophysical surveys returned the following:

The project has a five year Special Prospecting License (SPL) and landowner agreements in place, the maximum allowed under Fijian law. The Liwa Gold exploration project is owned 100% by Thunderstruck Resources and is actively being explored.

This 136 square kilometer project contains a high-grade zinc-copper mineralization that was discovered and drilled by Anglo Pacific in 1977. The results indicated the presence of a mineralized zone that contained zinc, copper and silver.

A 2019 drill program comprised 7 drill holes, totaling 904 m, and verified the presence of historically reported zinc-copper massive mineralization, and in select holes more than doubled historically reported results.

Korokayiu Cu-Zn Deposit 2019 Significant Diamond Drill Intercepts

Historical drilling on this copper/gold porphyry was conducted by Anglo Pacific in 1975. Results returned 244m at 0.22 percent copper between six and 250 meters, along with 0.23g/t gold between 6 and 72 meters. Further soil sampling produced similar numbers, 240m average 0.27 percent copper and 0.15 g/t gold.

Thunderstruck Resources recently doubled the copper-gold target to 1.5 kilometers in length by using systematic soil sampling, which led to the discovery of the Senikura gold zone. This new gold zone trenched 0.55 g/t gold over 38m, including 0.96 g/t gold over 11m in a weathered outcrop. Thunderstruck Resources is currently conducting exploration operations into the newly discovered gold zone. This project is 100% owned by Thunderstruck Resources.

This project is characterized by the presence of a zinc-copper volcanogenic massive sulfide deposit. Anglo Pacific previously intersected this deposit and yielded high-grade values, including 12m at 12.7% zinc and 0.3% copper. This project is 100% owned by Thunderstruck Resources. Nakoro shares similar VMS mineralization to the Korokayiu prospect.

Bryce Bradley (CEO/President) With a strong background in Capital Markets and Investment Banking, Ms. Bradley has facilitated the structuring and financing of dozens of private and publicly traded small and micro-cap companies. She founded and served as President of two Canadian merchant banks focused on capital raising and advisory services for mining exploration companies. Ms. Bradley co-founded and financed Thunderstruck Resources and has served as Director, President and CEO since securing its suite of Fijian assets and taking the company public on the Toronto Stock Exchange in 2013.

Wilson Michael is a Fijian national and has acted as CFO for other resource companies in Fiji. He is familiar with industry-specific accounting requirements and brings a sound knowledge of Fijian business practices and regulatory issues. He previously worked in various roles as an accountant, CFO and manager for a variety of companies in the Pacific Islands, including property developers, international shipping operators, mobile phone companies and local municipalities. He is an Associate of the Institute of Chartered Secretaries and Administrators.

Mr. Christl is an early supporter and long-term shareholder of Thunderstruck. In 2015 he completed his Exempt Market Products Course (EMD), raising money for both public and private companies with Robson Capital, of Vancouver Canada. In 2018 Rob joined Thunderstruck as Investor Relations Manager, building the Company’s shareholder base through direct communication and social media platforms. Rob brings a wealth of capital raising and marketing experience to his role at Thunderstruck, with a vested interest in the Company’s success. During the last year, Rob has been steadily growing Thunderstruck’s exposure in the market by engaging and building relationships with brokers, funds, investors and other industry groups. He will continue to do this in his new role, effective February 2021, as VP Business Development and Investor Relations.

Brien Lundin is a co-founder and Director of Thunderstruck Resources, Ltd. His decades-long career has included analyzing and speculating in the metals, mining and technology sectors. Lundin also serves as President and CEO of Jefferson Financial, Inc., a private company that hosts the annual New Orleans Investment Conference, which is now in its 47th year of educating investors. In addition, he edits and publishes Gold Newsletter, which stands as the oldest continuously published precious metals and mining advisory, having served as the cornerstone of the industry since 1971.

Lawrence Roulston is a mining professional with over 35 years of diverse experience as a mining analyst and consultant. He is Managing Director of WestBay Capital Advisors, providing business advisory and capital markets expertise to the junior and mid-tier sectors of the mining industry. Previously, he was the editor of Resource Opportunities, an independent investment publication focused on the mining industry. Roulston holds a B.Sc. in geology. He is Chairman of Metalla Royalty and Streaming Ltd. and an advisor to Metallis Resources Inc.

Linnea von Hessert is a geologist with over 20 years of experience in the mining industry, having worked for majors and juniors as well as the Bureau of Land Management in Nevada. She is an active investor with significant holdings in the mineral exploration industry. She graduated from the University of Montana with a B.S. in geology in 1999.

Tookie Angus has spent the last 40 years focused on the structuring and financing of significant international exploration, development and mining ventures. Angus is the former chairman of the board of B.C. Sugar Refinery Ltd.; he was a director of First Quantum Minerals until June 2005, a director of Canico Resources Corp. until its takeover by CVRD in 2005, and a director of Bema Gold until its takeover by Kinross Gold in 2007. More recently, he was managing director of mergers and acquisitions for Endeavour Financial, a director of Ventana Gold until its takeover by AUX Canada Acquisition in 2011, and a director of Plutonic Power until its merger with Magma Energy in 2011. He was until recently Chairman of Nevsun Resources Ltd. He is currently Chairman of K92 Mining and Sun Summit Minerals.

Outlines Detailed, Drill-Ready Targets at Liwa

Thunderstruck Resources Ltd. (TSXV: AWE) ("Thunderstruck" or the "Company") is pleased to announce its intention to drill multiple high priority targets at its Liwa goldsilver prospect in Fiji. With the signing of a long-term drilling contract, drilling is set to commence in early Q3 2022. The company has outlined a seven-hole drill program designed to test the validity at depth of geophysical anomalies corresponding with surface mineralization.

"Our extensive, first-phase diamond drill program at Liwa this season is the culmination of years of work and geological study. It has been designed to most accurately test the significant surface geochemical and sub-surface geophysical anomalies that have made Liwa such an exciting prospect," noted President/CEO Bryce Bradley. "We can't thank our new and longstanding shareholders enough for remaining supportive through both natural disasters and the global turmoil that has lengthened this exciting journey."

The technical team hopes to intersect the geological features representing the source of mineralization by testing both the heart and periphery of the geophysical anomalies beneath defined surface mineralization. Each of the seven holes will offer valuable data to direct a continuous program of drilling with each hole more informed than the last.

Drilling has been designed to focus on four outcropping, gold-bearing hydrothermal breccia areas at Liwa, including Liwa Ridge, Jensen's, Vatuvatulevu (Vatu) and Gun. The information below is intended to educate and offer insight into the technical thought process behind each drill location and encourage shareholders to be active participants as the company grows.

Furthermore, the following images provide a topical view of each target and proposed drill hole, as well as various sections outlining the intended at-depth targets of the campaign.

Figure 1 To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/2901/121538_02c256b974d0c974_002full.jpg

Using this data, the company undertook a preliminary IP survey over each target to outline chargeable and resistive anomalies below surface, with intriguing initial results defining multiple target areas at similar target depths.

To view an enhanced version of Figure 2, please visit: https://orders.newsfilecorp.com/files/2901/121538_02c256b974d0c974_003full.jpg

The above targeting was solidified by a property-wide 2021 soil sampling campaign at Liwa consisting of 1,400 soil samples covering a total of 11 square km. This systematic gridded survey, as opposed to the previous ridge-and-spur survey, confirmed priority targets and further defined the size and shape of surface targets. The survey returned values of up to 9.62 g/t Au and 48.8 g/t silver allowing for the following conclusions:

In addition, the company continues to systematically evaluate near-term drill targets at its Nakoro zinc/copper prospect, Rama (copper/gold), and Korokayiu, with more information expected to be provided in the coming months.

Fiji is on the Pacific Ring Of Fire, a prolific trend that has produced numerous large gold and copper deposits, including Porgera, Lihir and Grasberg.

Viti Levu, the main island of Fiji, has a long mining history. It hosts not only the Thunderstruck tenements, but also the following active projects:

Namosi (Copper/Gold) Newcrest published proven and probable reserves of 1.3 billion tonnes at 0.37%Cu and 0.12g/t Au (5.2M ounces Au and 4.9M tonnes Cu).

Vatukoula Gold Mines: Formerly known as the Emperor Gold Mine has been operating for over 80 years, producing in excess of 7 million ounces of Au to date.

The technical information in this news release was reviewed by Peter Duerden, RPGeo, an advisor to Thunderstruck Resources, and a qualified person as defined by National Instrument 43-101 (NI 43-101).

For additional information, please contact: Rob Christl, VP Business Development and Investor Relations Email: rob@thunderstruck.ca P: 1-778 840-7180 http://www.thunderstruck.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121538

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Thunderstruck Resources Ltd. (TSXV: AWE) (The "Company") PresidentCEO Bryce Bradley announces the conclusion of Thunderstruck's earn-in agreement (the "Agreement") with Japan Oil, Gas and Metals National Corporation ("JOGMEC") on the Company's Korokayiu VMS prospect in Fiji.

Thunderstruck and JOGMEC announced on February 28, 2019 a joint venture agreement to explore Thunderstruck's Korokayiu base metals asset, with CDN$3.5 million in exploration expenditures by JOGMEC to earn 70% of the Company's zinc/copper prospect.

In the past three years, Thunderstruck has completed 1.6 km of diamond drilling across 16 holes at Korokayiu. Highlights of this drilling program include 11m at 13.77% Zn, 2.94% Cu, 113.7 g/t Ag, 1.08 g/t Au and 10.55m at 9.51% Zn, 54.5 g/t Ag and 0.48 g/t Au. Additionally, mapping, geophysical and geochemical surveys have expanded existing targets and identified new targets for drilling at seven new sites over a seven-kilometer strike area. These new targets include significant soil geochemical anomalies up to 21.84 g/t Ag , 0.96% Zn and 0.41% Cu. (see January 30, 2020 news release)

Despite the encouraging results from the program, JOGMEC has determined that there is insufficient data to establish a mineral resource within the allocated time frame to currently justify a formal joint venture.

JOGMEC has surrendered its option to acquire 70% of the Korokayiu prospect, which now returns to Thunderstruck as a 100% wholly-owned exploration license. Thunderstruck will retain all of the geological, geochemical, and geophysical data collected during the three years of exploration.

"JOGMEC is an exceptional exploration partner, and we benefited from a close, productive relationship with them advancing our Korokayiu zinc/copper prospect," said Bryce Bradley. "We're delighted that JOGMEC has expressed its wish to work with us in future, and as such we will keep them apprised of our progress in the hopes of resuming our mutually beneficial relationship."

"With the Korokayiu license back as a 100% Thunderstruck-owned asset," Bradley continued, "we will be pursuing the gold and silver targets that were identified but not part of JOGMEC's base metal exploration mandate, in addition to following up on the base metal mineralisation that was identified by this program. We will review the data and the results acquired over the past three years to determine our next steps."

Fiji is on the Pacific Ring Of Fire, a prolific trend that has produced numerous large gold and copper deposits, including Porgera, Lihir and Grasberg.

Viti Levu, the main island of Fiji, has a long mining history. It hosts not only the Thunderstruck tenements, but also the following active projects:

Namosi (Copper/Gold) Newcrest published proven and probable reserves of 1.3 billion tonnes at 0.37%Cu and 0.12g/t Au (5.2M ounces Au and 4.9M tonnes Cu).

Vatukoula Gold Mines: Formerly known as the Emperor Gold Mine has been operating for over 80 years, producing in excess of 7 million ounces of Au to date.

About Thunderstruck Resources Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed zinc, copper and precious metals mineralization. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF."

For additional information, please contact: Rob Christl, VP Business Development and Investor Relations Email: rob@thunderstruck.ca P: 778 840-7180 or, visit our website: http://www.thunderstruck.ca

This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116172

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Thunderstruck Resources Ltd. (TSXV: AWE) (OTC: THURF) (the "Company") advises, further to its press release dated February 14, 2022, that it has closed its previously announced non-brokered private placement (the "Placement").

Gross proceeds of CAD$2,500,000 were raised through the sale of 35,714,285 units at a price of $0.07 per unit. Each unit comprised one common share and one share purchase warrant. Each whole warrant entitles the holder to purchase a further common share at a price of $0.15 per share for a period of five years. The warrants are subject to accelerated exercise provisions such that if the closing price of the Company's common shares exceeds $0.30 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants' term to a period of 30 days following such notice.

No finder's fees were payable in connection with the Placement.

"This Placement will allow us to aggressively explore the many promising targets on our large property position in Fiji this season, including the three-kilometer-long series of coincident geochemical and geophysical anomaly trend on the Liwa gold prospect," stated Thunderstruck's President/CEO Bryce Bradley. "We look forward to releasing results on a number of exciting targets that have never previously seen a drill bit."

As indicated, the Liwa gold/silver prospect is the highest priority project for the 2022 season. Exploration will focus on diamond core drilling to begin defining the subsurface extent and grade of gold mineralization discovered at surface showings, including up to 6.83 g/t Au and 285 g/t Ag at the Liwa Ridge target, 55 g/t Au at Jensen's target, 41.6 g/t Au and 1,200 g/t Ag at the Vatuvatulevu target, and continuous features grading up to 0.45 g/t Au at the Gun target. These targets cumulatively represent a strike length in excess of three kilometers.

Exploration at the adjacent Rama copper/gold prospect is also planned, with a focus on investigating the possibility of Liwa and Rama together comprising a large porphyry gold-copper system. Previous drilling by Anglo reported a 244-meter interval averaging 0.22% copper (from 6m to 250m), ending in mineralization, with a chargeable feature continuing underneath. The Company's other licenses in Fiji are also being assessed and prioritized for field work during the May-November exploration season.

Please stay tuned for a detailed 2022 exploration program on the Company's entire land package.

All securities issued are subject to a hold period in Canada expiring on July 9, 2022. Additional restrictions may apply pursuant to Rule 144 of the Securities Act of 1933, as amended, to U.S. investors.

Insiders participated in the Placement acquiring an aggregate of 449,654 units on the same basis as other subscribers. The participation in the Placement by insiders of the Company constitutes a "related party transaction" as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority approval requirements under MI 61-101. The Company relied on Section 5.5(a) of MI 61-101 for an exemption from the formal valuation requirement and Section 5.7(1)(a) of MI 61-101 for an exemption from the minority shareholder approval requirement of MI 61-101 as the fair market value of the Placement in so far as the Placement involved interested parties did not exceed 25% of the Company's market capitalization.

As previously announced, the completion of the Placement results in the creation of a new insider, Ian Gandel, who will indirectly hold 31,753,203 common shares, representing 25% of the now outstanding common shares of the Company and a further 31,753,203 warrants, which together with the common shares acquired, will represent 40% of the issued and outstanding shares on a partially diluted basis. Prior to the Placement, Mr. Gandel held no securities of the Company. While Mr. Gandel has no specific plans or intentions with respect to the Units acquired, depending on market conditions, general economic and industry conditions, trading prices of the Company's shares, the Company's business, financial condition and prospects and/or other relevant factors, Mr. Gandel may develop such plans or intentions in the future and, at such time, may from time to time acquire additional common shares, dispose of some or all of the existing or additional common shares or may continue to hold common shares of the Company.

A copy of the early warning reports filed by Mr. Gandel will be available on the Company's SEDAR profile at www.sedar.com or may be obtained by contacting Mr. Gandel at info@thunderstruck.ca.

In connection with this strategic investment, the Company and Mr. Gandel also entered into an investor rights agreement, whereby, subject to certain conditions, including time and ownership thresholds, Mr. Gandel will have certain rights, including the right to appoint one director of the Company.

In addition, Mr. Gandel will have a right to participate in future equity issuances to maintain his ownership in the Company at 25%.

Under the investor rights agreement, for a period of two years, Mr. Gandel has also agreed not to (a) commence a take-over bid; (b) acquire the Company's shares, or direct or indirect rights to acquire any of the Company's shares; (c) make, or in any way participate in any solicitation of proxies to vote the Company's shares; (d) make any public announcement with respect to, or submit a proposal for, or offer of (with or without conditions) any business combination, amalgamation or merger or similar transaction involving the Company.

A copy of the investor rights agreement is available under the Company's SEDAR profile at www.sedar.com.

As a TSX condition of Gandel's 25% participation, the Company has received well in excess of the required 51% shareholder approval. We wish to thank our shareholders for their continued support.

The Company also wishes to announce that it granted 2,100,000 stock options in accordance with its stock option plan to various insiders, advisors, and consultants, with each option being exercisable into one common share at a price of .095 cents per share for a period of 10 years.

Fiji is on the Pacific Ring Of Fire, a prolific trend that has produced numerous large gold and copper deposits, including Porgera, Lihir and Grasberg.

Viti Levu, the main island of Fiji, has a long mining history. It hosts not only the Thunderstruck tenements, but also the following active projects:

Namosi (Copper/Gold) Newcrest published proven and probable reserves of 1.3 billion tonnes at 0.37%Cu and 0.12g/t Au (5.2M ounces Au and 4.9M tonnes Cu).

Vatukoula Gold Mines: Formerly known as the Emperor Gold Mine has been operating for over 80 years, producing in excess of 7 million ounces of Au to date.

Dorian L. (Dusty) Nicol, FAusIMM, RG, the Company's Director of Exploration, is a Qualified Person for the Company's projects as defined by National Instrument NI 43-101. Mr. Nicol has reviewed and approved the technical content of this news release.

For additional information, please contact: Rob Christl, VP Business Development and Investor Relations Email: rob@thunderstruck.ca P: 778 840-7180 or, visit our website: http://www.thunderstruck.ca

This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115973

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Thunderstruck Resources Ltd. (TSXV: AWE) ("Thunderstuck" or the "Company") is pleased to announce that Australian Businessman Ian Gandel has made a strategic investment into Thunderstruck Resources and looks to play an integral role in the company as it continues to advance its Fijian precious and base metal assets to bring value to shareholders.

"We are humbled to have attracted an investor with serial success such as Mr. Gandel. His investment confirms the view that Thunderstuck and Fiji are on the radar of some big players. The strategic relationship, whereby Mr. Gandel will attain a 25% stake in the Company post raising, is one that looks to benefit all shareholders going forward." Thunderstruck President and CEO Bryce Bradley commented. "Adding a proven company builder at this stage of the company's life cycle is invaluable. We look forward to Ian's active involvement as we continue to efficiently grow Thunderstruck through drilling, strategic partnerships and the addition of accretive Fijian land packages."

Mr. Gandel is a successful Melbourne based businessman with over 20 years experience in the exploration and mining sectors. Currently, Mr. Gandel is Independent Non-Executive Chairman of Alliance Resources Ltd (Gold & Iron Ore), Alkane Resources Ltd (Gold and Copper) and Australia Strategic Materials Ltd (Rare Earths and critical metals) and has helped grow them into market capitalizations of Aud $31 million, Aud $485 million and Aud $1.2 billion respectively.

Outside of the resource sector, Mr. Gandel has also been involved in the construction and real estate development of some of Australia's largest shopping centers and previously with the building of the well-known Australian Priceline retail drug store chain.

Ian Gandel, Chairman of Gandel Metals Pty Ltd, stated: "I am delighted to be involved with Thunderstruck, which I view as a highly prospective company. Fiji has an abundance of mineral potential and lies only a four hour flight from Sydney. Exploration success could result in a large uplift in shareholder value from the current low market capitalization, and importantly, would augment Fijian stakeholder value. We regard local community involvement and ESG values most highly. My team in Australia is looking forward to assisting the capable Thunderstruck geologists to unlock the potential of its projects in Fiji."

The Company is also pleased to announce that in addition to his investment, Mr. Gandel will join Thunderstruck's Advisory Board, along with his highly experienced colleague, Anthony (Tony) Lethlean.

"We welcome Tony Lethlean to the Thunderstruck family. Tony and Ian have worked extensively on projects together, and Tony's corporate and geological expertise has proven invaluable to the success of their projects. We too look forward to drawing upon his technical proficiency, as I am sure our land package has more hidden gems than we currently see." Bradley continued.

Mr. Lethlean is a seasoned geologist (BAppSc) having worked on the Golden Mile Kalgoorlie and many other global mining and development projects. He holds non-executive Directorships in both Alkane Resources Ltd and Alliance Resources Ltd. Prior to this, Mr. Lethean was a top mining analyst with Australian based investment banks including CIBC World Markets. He is currently a Director of Corporate Advisor Rawson Lewis.

Ian Gandel (together with his associates, "Gandel") will, directly and indirectly, enter into a subscription agreement (the "Subscription Agreement") for such number of units (the "Units") of the Company as represents approximately 25% of the issued and outstanding common shares of the Company following completion of the investment and concurrent private placement (the "Gandel Investment").

Including the Gandel Investment, the Company has arranged a non-brokered private placement for the sale of up to 35,714,285 million Units at a price of $0.07 per unit for aggregate gross proceeds of up to CDN$2,500,000. Each Unit will comprise one common share and one share purchase warrant. Each whole warrant entitles the holder to purchase a further common share at a price of $0.15 per share for a period of 5 years. The warrants are subject to accelerated exercise provisions such that if the closing price of the Company's common shares exceeds $0.30 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants' term to a period of 30 days following such notice.

Proceeds of the placement will be applied to our 2022 exploration and drilling programs on the company's prospects and for general working capital.

The Offering remains subject to the approval of the TSX Venture Exchange, which in respect of the Gandel Investment will include the requirement for approval from 51% of the Company's shareholders for the creation of a control block in the Company to be held by Gandel. The Company currently anticipates it will seek such approval via written consent.

In connection with the strategic investment by Gandel, the Company and Gandel will enter into an investor rights agreement, whereby, subject to certain conditions, including time and ownership thresholds, Gandel will have certain rights, including the right to appoint one director of the Company.

In addition, Gandel will have a right to participate in future equity issuances to maintain his percentage ownership in the Company for up to 15 years. Additionally, for a period of two years (which the Company in its sole discretion can vary), Gandel will also agree not to (a) commence a take-over bid; (b) acquire the Company's shares, or direct or indirect rights to acquire any of the Company's shares; (c) make, or in any way participate in any solicitation of proxies to vote the Company's shares; (d) make any public announcement with respect to, or submit a proposal for, or offer of (with or without conditions) any business combination, amalgamation or merger or similar transaction involving the Company.

On completion of the Offering, a copy of the investor rights agreement will be available under the Company's SEDAR profile at www.sedar.com.

The Company's board has granted an aggregate of 600,000 stock options in accordance with its stock option plan to various insiders, advisors, and consultants, with each option being exercisable into one common share at a price of 0.115 cents per share for a period of 10 years.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113774

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Thunderstruck Resources Ltd. (TSXV: AWE) (The "Company") is pleased to announce the following updates on its exploration projects in Fiji:

Nicol Appointed to the Board to Oversee Exploration

The Company is pleased to announce the appointment of Dorian L. (Dusty) Nicol to the Board of Directors and the position of Senior Exploration Manager. Dusty has a B.Sc. degree in Earth Science from M.I.T. and an M.A. degree in geology from Indiana University. Dusty has over 45 years of world-wide experience in gold exploration and mining. He has designed and managed successful gold exploration programs throughout North and South America, Africa, Russia and the Former Soviet Union, and Papua New Guinea. He has also designed and managed generative gold exploration programs in Africa and Europe. At Jerritt Canyon, Nevada, he designed and managed the exploration program which discovered over 1.5 million ounces of gold at a discovery cost of about $18 / ounce over a 5-year period. His exploration program at the Tulkubash oxide deposit, Kyrgyzstan, added over 600,000 ounces of gold to M&I Resource in the first year, at a discovery cost of $11.40 / ounce.

Dusty has held senior corporate positions on several publicly listed companies (TSX, TSX-V, ASX, AIM, and ASE), having served as a CEO / President, VP-Exploration, Technical Director, and Independent Director. Dusty is a QP (NI 43-101) and CP (JORC).

Bryce Bradley, Thunderstruck's President/CEO states, "With the addition of Dusty to the Board of Directors, and taking on the role of Senior Exploration Manager, we are poised for an aggressive advancement of our Fijian assets. His exploration experience, passion and track record for discoveries will lead the Company to great success, and we're very happy that he believes in the significant upside of our projects."

Dusty added, "I am very pleased to be joining Thunderstruck in this role. I believe the Company's projects are very exciting and have tremendous discovery potential. I look forward to being part of the excellent and professional exploration team that the Company has put together and participating in the discoveries that I feel are going to be made on our projects."

Drillhole "Liwa 1" intersected a broad zone (over 15.5 m) of clay-sericite-quartz alteration as well as other significant zones of alteration and mineralization, including over 25.5m of intense silicification, and zones up to 5.6m of visible sulphides. This alteration and mineralization are interpreted as epithermal, consistent with the upper portion of a porphyry copper-gold system. Assays from this drillhole are pending. An interval of 0.24m at 1.65 g/t Au and 5.14 g/t Ag was intersected in this drillhole.

Figure 1: Diagram of a telescoped porphyry-copper system from Sillitoe, 2010 "Porphyry Copper Systems". Edited to show possible relationship between Liwa and Rama. To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/2901/110631_d3bfb1f8c474bad4_002full.jpg

Results from the drill hole confirm the presence of anomalous gold grades at depth on the property. Further, they indicate that the epithermal system linked to gold grades at surface continues at least 72m below ground, with continued potential at greater depths. Mineral alteration and vein textures at depth suggest that a complex and potentially ore-forming system exists at Liwa. Additionally, these features allude to the existence of a deeper "boiling zone" that is predicted to host higher gold grades at depth (See press release dated October 11, 2019).

Assays of samples collected during the 2021 mapping campaign confirm further extension of the epithermal system along-strike at Liwa, with samples in the new area grading up to 0.4 g/t Au. Additionally, the new outcrop of the Liwa Ridge breccia graded up to 1.010 g/t Au and 22.3 g/t Ag. This outcrop allowed for structural measurements to be taken of the breccia, which will lead to much improved drillhole targeting when the structure is drilled in 2022. The geochemistry and alteration at Liwa support the idea that is the top of a porphyry copper-gold system. Liwa is adjacent to the Company's Rama License, which has been identified as a porphyry copper-gold system. This supports the speculation that Liwa and Rama may be part of one large mineralized porphyry copper-gold system.

In addition, a distinct unit of volcanic rock hosting sulphide mineralization has been identified at Liwa, similar to the volcanic unit hosting massive sulphide mineralization at the Company's volcanogenic massive sulphide (VMS) projects, Korokayiu and Nakoro. This volcanic unit has been identified in both drill core and outcrop. This adds credence to the notion that the company's properties are all situated within a broad metallogenic region hosting a variety of deposit types. The geological team is excited to develop this idea further as they continue to refine their understanding of the region's geology.

Mapping on the Nakoro prospect was carried out between 24/11/2021 and 03/12/21. The purpose of this was: to verify the work and results of previous studies; develop a better understanding of the structure in the area; develop a better understanding of the alteration in the area; and to investigate the extension of existing targets along-strike.

Company geologists uncovered a 2km along-strike extension of the Nakoro massive sulphide gossans that can be correlated to targets that were historically drilled by Anglo American. This represents a significant enlargement of the prospect and provides additional targets for drilling in the 2022 season. Additionally, a gabbro intrusion hosting copper minerals such as bornite and chalcopyrite was discovered to the east of Nakoro Village. This is a potentially significant component of the mineralising system at Nakoro, and company geologists are excited to develop it further through upcoming assay results and investigation in the 2022 exploration season. The complexity of the geology in the area confirms that this was a geologically dynamic region of Fiji with great mineral potential.

The exploration program for 2022 is being developed and is contemplated to include the following:

•Liwa: Drilling at Liwa Ridge, Jensen's, Gunn and Vatuvatulevu. •Nakoro: Drilling Gossan Unit, geological mapping, and geochemical sampling both directions along strike; potentially drilling intrusive unit. •Rama: Investigating Senikura Zone: objective to confirm presence of high-sulphidation epithermal system and define drill targets for late 2022 or early 2023. •Korokayiu: drilling defined targets at Wainaleka. Defining and drilling new targets at Kula 1. •Regional and district-scale geologic mapping and geochemical sampling over Liwa-Rama and Nakoro-Liwa deposits.

Viti Levu, the main island of Fiji, has a long mining history. It is on the prolific Pacific Ring of Fire, a trend that has produced numerous large deposits, including Porgera, Lihir and Grasberg. The island of Viti Levu hosts Namosi, held by a joint venture between Newcrest and Mitsubishi. Newcrest published Proven and Probable Reserves for Namosi of 1.3 billion tonnes at 0.37% Cu and 0.12 g/t Au (5.2M ounces Au and 4.9M tonnes Cu). Namosi is now undergoing environmental assessment as part of the permitting process. Lion One Metals is now developing its Tuvatu Project, with Indicated Resources of 1.00 million tonnes at 8.48 g/t Au (274,600 ounces Au), and Inferred Resources of 1.33 million tonnes at 9.0 g/t Au (384,000 ounces Au) reported at a 3.0 g/t Au lower cutoff. The Vatukoula Gold Mine has been operating for 80 years, producing in excess of 7 million ounces.

Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed zinc, copper, and precious metals mineralization. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF".

The analytical work reported on herein was performed by Australian Laboratory Services Pty. Ltd. (ALS) at Perth, WA. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of the Thunderstruck Resources and the QP.

Rock and drill core samples were subject to crushing with >85% passing 3.15mm and then pulverised to better than 85% passing minus 75 micron. Samples were then split using a riffle splitter. A 0.25 gram sample pulp was then subject to 4-acid (HF-HNO3-HClO4) digestion and analysis through a combination of ICP-AES & ICP-MS (ME-MS61) for most elements, including silver. A 30 gram fire assay fusion (Au-ICP22) was used for gold determination.

Thunderstruck Resources follows industry standard procedures for the work carried out on the Liwa prospect, with a quality assurance/quality control (QA/QC) program. Blank, duplicate and standard samples were inserted into the sample sequence sent to the laboratory for analysis. Thunderstruck Resources detected no significant QA/QC issues during review of the data. Thunderstruck Resources is not aware of any sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to herein.

Dorian L. (Dusty) Nicol, FAusIMM, RG, the Company's Director and Senior Exploration Manager, is a Qualified Person for the Company's projects as defined by National Instrument NI 43-101. Mr. Nicol has reviewed and approved the technical content of this news release.

For additional information, please contact:

Rob Christl, VP Business Development and Investor Relations Email: rob@thunderstruck.ca P: 778 840-7180 or, visit our website: http://www.thunderstruck.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110631

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Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTQB: FOMNF) ( Frankfurt : 2OA), a junior mining exploration company has blended assets with GlobeTrotters Resources Perú SAC to build an attractive portfolio of high-quality copper and gold assets in Perú. The Company's portfolio combines early-stage and drill-ready targets with a historically discovered and drilled porphyry system that is strategically positioned for copper and gold resource development.

Forte Minerals is pleased to announce the appointment of two new strategic members to its advisory committee. These talented individuals were appointed by the board of directors for the purpose of offering advice and support on a wide range of issues relevant to the exploration & mining initiatives in Peru as well as the financial advancement of the Company.

We're excited and honoured to welcome Ricardo Labó and Peter Espig to the team. Mr. Labó is a mineral economist with over 20 years industry experience in Peru , Latin America , and Africa . His wealth of regional experience and strong political network is invaluable.

Mr. Espig is a financier and former VP at Goldman Sachs, with an impressive track record. He has structured over US$2.0 billion in private equity and pre-IPO investment transactions from the principal side and is a pioneer of SPACs, having completed over $1.0 BN in transactions.

Ricardo Labó and Peter Espig are joining existing advisors', Paul Johnston and Thomas Henricksen to form a well-balanced advisory committee. The committee will serve as an important complement to the Board of Directors and management of the Company, and create considerable value in form of contacts, perspective, industry expertise, as well as strategic input and financial guidance.

Ricardo Labó MSc . - Mineral Economist

Mr. Labó is currently the country manager in Peru for Element 29 (TSXV: ECU), a partner at LQG Energy and Mining Consulting, General Manager of LQG Ambiental and Executive Director of the Australia Peru Chamber of Commerce.

He has held several high-level positions in the Ministry of Energy and Mines of Peru including Vice Minister of Mines, Advisor to the Minister of Energy and Mines as well as Director of Mining Promotion and Development where he successfully promoted responsible mining exploration and development investment in the country. In the private sector, he held several senior positions at Rio Tinto, Roche, Phelps Dodge and Grupo Apoyo, provided strategic advisory and consultancy services to several international mining companies and institutions, and was a board member of several private and state-owned mining and energy companies.

Mr. Labó is a Peruvian Chartered Economist from Universidad del Pacifico ( Peru ), with an MSc. in Mineral Economics from Colorado School of Mines (US), an LLM in Mineral Law and Policy from CEPMLP, University of Dundee (Scotland , UK) and an MBA from Adolfo Ibañez School of Management ( Chile and US).

Since November 2013 , Mr. Espig has been the President and CEO of Nicola Mining Inc. (TSX-V: NIM). He has been active in the turnaround of mining projects and has functioned in management and director roles for numerous mining companies. He is experienced in the analysis of investment opportunities, raising capital, deal sourcing, financial structuring, and corporate turnaround.

Mr. Espig served as Vice-President of the Principal Finance and Securitization Group and Asia Special Situations Group for Goldman Sachs Japan. Prior to joining Goldman Sachs, Mr. Espig was Vice-President of Olympus Capital, a New York private equity firm, where he participated in corporate restructurings, investment analysis and financing negotiations for both domestic and international investments.

In 1989, Mr. Espig received his B.A. from the University of British Columbia and later received his MBA from Columbia Business School , where he was a Chazen International Scholar.

Paul Johnston PhD . – Technical Advisor

Mr. Johnston is a professional geologist with 30 years experience in the mining industry. His career as a mine geologist began at the Hemlo Gold deposit with Noranda. In 1996, he joined the exploration group at Teck Resources Limited (TSX-V: TECK) and amassed extensive international experience in early to advanced stage exploration through a variety of technical and management roles in Southeast Asia , Australia , North America , and South America , including Regional Chief Geoscientist for South America . Mr. Johnston currently serves as a Director on the board of Nicola Mining Inc. (TSX-V: NIM)

He holds a PhD from Queen's University and is a member of the Association of Professional Engineers and Geoscientists of British Columbia . Mr. Johnston's extensive international experience in early to advanced stage exploration for gold, copper and zinc is a great asset to the company.

Thomas Henricksen PhD. – Senior Geologist Advisor

Dr. Henricksen is a highly regarded economic field geologist with over five decades of exploration experience. He was one of the founders of Plan B Minerals Corp., now Forte Minerals Corp. Dr. Henricksen was the recipient of the Association for Mineral Exploration of British Columbia's 2018 Colin Spence Award for Excellence in Global Mineral Exploration. He received this notable award in recognition of his outstanding contributions to mineral discovery, and for being involved in some monumental discoveries and acquisitions across the world.

Dr. Henricksen has successfully worked on 40 mineral exploration projects in over 14 countries on 6 continents. In 2012, Dr. Henricksen served as Vice President of Exploration for Aegean Metals Group Inc., leading the senior field team in identifying, evaluating, and acquiring two high-grade gold-copper prospects (VMS Hot Maden and Ergama) in Turkey . Prior to this, Dr. Henricksen served as senior field geologist for Apoquindo Minerals Inc., which won a bid from Teck Resources to explore and develop a copper-gold deposit (Zafranal) in Peru , resulting in more than 400 million tons of copper.

In addition to many other successful exploration projects, he served as a member of the Arctic exploration team that successfully identified the Red Dog mine in Alaska , now the world's largest zinc reserves. Operated by Teck Resources in partnership with NANA Development Corporation, Red Dog's gross profit in 2017 was $971 million . Before this, Dr. Henricksen led efforts to secure the Eskay Creek mine for US Borax Inc. (a subsidiary of Rio Tinto), which, during the period of Dr. Henricksen's involvement, became the world's highest-grade gold mine and the fifth largest silver mine by volume.

He holds a BSc in Geology from the University of Wisconsin , and a Ph.D. in Economic Geology from Oregon State University .

The Company is committed to maximizing shareholder value through acquiring, exploring, discovering, and developing copper and gold projects in Perú. Moving rapidly along the line of opportunity towards a value maxima is very attractive to investors. Significant value growth is generated when early-stage exploration moves towards resource definition while zoning in on target development and eliminating the early-stage grassroots risk. All three of Forte's properties offer this opportunity, with tremendous upside considering their geological potential.

On behalf of Forte Minerals CORP. (signed) " Patrick Elliott " Chief Executive Officer

Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.

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

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The new (9 th ) phase of drilling will initially test targets over 11-kilometer strike length between the historic Lousal and Caveira Mines;

First hole is testing potential northwest extension of Lousal Mine orebody;

Other holes will test targets at Monte da Bela Vista and the Caveira Mine area, and then several in-between VTEM geophysical anomalies.

Following exploration targets' drilling, the program will return to Central and Southern sectors at Sesmarias.

10-12 drill holes expected, totaling +6,000 meters in Phase 9.

Vancouver, BC – TheNewswire - Septem ber 15, 2022 – Avrupa Minerals Ltd. ( TSXV: AVU) (OTC:AVPMF) (FRANKFURT:8AM) announces that drilling re-started on the Alvalade Joint Venture Project in the Pyrite Belt of southern Portugal. The program is a joint venture between Avrupa Minerals ("AVU" or "Company") and Minas de Aguas Teñidas, S.A. ("Sandfire MATSA" or "MATSA"). Avrupa continues to operate the project through the JV entity PorMining Lda. To date, at Sesmarias North, the Company completed 17 diamond drill holes, totaling 8,900 meters, on six different fences along a strike length of 400 meters, as well as one further drill hole in the Caveira District, totaling 614 meters (see news release of April 4, 2022 ).

The new phase of drilling (9 th overall) will initially target anomalies located between the historic Lousal and Caveira Mines, over a strike length of approximately 11 kilometers. The first drill hole targets potential mineralization located 300-400 meters northwest of the last reported mineralization in the Lousal Mine. Following this Lousal Northwest hole, depending on results, we anticipate further testing in the Lousal area, as well as targets at the Monte da Bela Vista prospect drilled by Avrupa in 2012-2014, new targets in the Caveira Mine vicinity, and several strong VTEM geophysical anomalies located between Monte da Bela Vista and the south end of the Caveira Mine mineralized zones.

Once the drill rig is available for return to Sesmarias, or a second rig becomes available, we plan further exploratory drilling within the Central and Southern sectors of the known mineralization. Previous, wide-spaced drilling by Avrupa demonstrated the presence of robust massive sulfide mineralization over a further strike length of +1,200 meters through the central and southern sectors at Sesmarias.

Click Image To View Full Size

Figure 1. Map of Alvalade Experimental Exploitation License showing general locations of drill target areas which have been selected using a wide range of geological, geophysical, and geochemical tools. Note that the black, dashed lines that traverse the length of the license outline the corridor of favorable geology, geochemistry, and VTEM geophysical conditions. Note also significant interference from railroad tracks, powerlines, and a solar farm in the Azinheira area (all in washed-out purple color).

Click Image To View Full Size

Figure 2. Location of Sesmarias massive sulfide mineralization, showing both recent and historic drilling on the project. Present joint venture drilled only about 400 meters of strike length, to date. Mineralization is open to the north. Previous, wide-spaced drilling outlined a further +1,200 meters to the south of recent JV work. Mineralization is potentially open to the south, as well, beyond the 1,200-meter estimate.

Avrupa expects to drill a further 6,000 meters in 10 to 12 drill holes in the current phase of drilling. MATSA has indicated that the budget for Phase 9 is in the range of 1.4 to 1.7 million euros. The budget will also include further re-processing of the VTEM data and an airborne gravity survey to cover the entire license, using modern techniques and detailed location and elevation information to replace a patchwork of historic gravity surveys from the 1990's. Historically, gravity surveys are effective tools for locating non-visible, buried massive sulfide bodies in the Iberian Pyrite Belt. The re-processing of the VTEM data is presently underway, and we expect to perform the gravity survey around mid - Q4 2022.

Paul W. Kuhn, President and CEO of Avrupa, commented, "We are excited to get the drilling going again. The JV geology team has constructed a set of hard targets along an 11-kilometer strike length between the Lousal and Caveira Mines. While we have concentrated our efforts at Sesmarias for good reason, and will get back to drilling the Sesmarias copper-zinc prospect, we are also quite excited to test the other VMS targets that we have developed over the past two years."

Click Image To View Full Size

Figure 3. Drill set-up at LNW22-001, 360 meters northwest of last reported mineralization at the historic Lousal Mine, 300 Level

Minas de Aguas Teñidas, S.A. (Sandfire MATSA) is a modern mining company which owns and operates the MATSA Mining Operations in the Huelva province of Spain. With a processing plant located to the north of the Iberian Pyrite Belt that sources ore from three underground mines, Aguas Teñidas and Magdalena Mines in Almonaster la Real and the Sotiel Mine in Calañas, Sandfire MATSA produces copper, zinc and lead mineral concentrates that are sold from the port of Huelva. Sandfire MATSA also holds 1,312 km 2 of exploration permits in the south of Spain and 1,106 km 2 in Portugal. Sandfire MATSA is a wholly owned company of Sandfire Resources Ltd, a mining and exploration company listed on the Australian Securities Exchange (ASX: SFR).

Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company directed to discovery of mineral deposits, using a hybrid prospect generator business model. The Company holds one 100%-owned license in Portugal, the Alvalade VMS Project, presently optioned to Sandfire MATSA in an earn-in joint venture agreement. The Company now holds one 100%-owned exploration license covering the Slivova gold prospect in Kosovo, and is actively advancing four prospects in central Finland through the recently-announced acquisition of Akkerman Finland Oy. Avrupa focuses its project generation work in politically stable and prospective regions of Europe, presently including Portugal, Finland, and Kosovo. The Company continues to seek and develop other opportunities around Europe.

For additional information, contact Avrupa Minerals Ltd. at 1-604-687-3520 or visit our website at www.avrupaminerals.com .

On behalf of the Board,

"Paul W. Kuhn"

Paul W. Kuhn, President & Director

This news release was prepared by Company management, who take full responsibility for its content. Paul W. Kuhn, President and CEO of Avrupa Minerals, a Licensed Professional Geologist and a Registered Member of the Society of Mining Engineers, is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. He has reviewed the technical disclosure in this release. Mr. Kuhn, the QP, has not only reviewed, but prepared and supervised the preparation or approval of the scientific and technical content in the news release.

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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Emerita Resources Corp. (TSX V: EMO; OTCQB: EMOTF) (the "Company" or "Emerita") is pleased to announce additional assay results from the 2022 exploration drilling at its La Romanera Deposit on the Iberian Belt West (IBW) project ("IBW" or the "Project"). IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth. The current results are from 3 drill holes in La Romanera LR012, LR014 and LR017 (see Figure 1 and Table 1 below). All three holes intercepted the Upper and Lower lenses. Presently, there are 9 diamond drills delineating the Romanera deposit and one rig continues to drill the La Infanta deposit.

The first lens in hole LR014 occurs from 595.1 m. The Upper lens is 15.1 m with a grade of 0.3 % Cu; 1.3 % Pb; 6.6 % Zn; 0.1 g/t Au and 61.1 g/t Ag. The unmineralized rock interval between them is 0.5 m. The Lower lens consists of 6.1 m with a grade of 0.3 % Cu; 2.1 % Pb; 10.1 % Zn; 0.7 g/t Au and 98.4 g/t Ag.

LR017 intercepted massive sulphides 100 m east of LR009 (Please see the Company's press release dated September 8, 2022) and 60 m from LR014. The Upper Lens starts from 612.7 m and consists of 2.2 m grading 0.3 % Cu; 3.5 % Pb; 8.3 % Zn; 0.1 g/t Au and 27.5 g/t Ag. The separation between the two lenses is 2.7 m. The Lower Lens occurs from 617.6 m and is 1.8 m grading 6.4 % Cu; 0.2 % Pb; 1.0 % Zn; 0.1 g/t Au and 18.7 g/t Ag. This drill hole intercept is strongly enriched in copper.

Intercepted mineralization at approximately 300 metres vertically below surface. Two lenses were encountered: Upper lens occurs from 332.2 m with 16.6 m grading 0.3 % Cu; 1.4 % Pb; 1.7 % Zn; 2.3 g/t Au and 96.8 g/t Ag (including 2.1 m grading 0.8 % Cu; 6.6 % Pb; 9.4 % Zn; 4.5 g/t Au and 396.7 g/t Ag). The Lower lens was intercepted 40.8 m below the Upper lens and encountered 6.5 m grading 0.3 % Cu; 0.1 % Pb; 0.1 % Zn; 1.7 g/t Au and 65.0 g/t Ag. This drill hole represents a stepout of 100 m to the west relative to historical data and has elevated gold and silver values.

Figure 1: Location map, La Romanera Deposit drill holes LR012, LR014, and LR017. The white drill hole traces show drill holes that are in progress.

https://www.globenewswire.com/NewsRoom/AttachmentNg/abb9b8ea-3711-4358-8f96-aa4a1a2ed061

Table 1. Diamond drillhole data: La Romanera. NB= LL= Lower Lens Romanera, UL= Upper Lens Romanera

The scientific and technical information in this news release has been reviewed and approved by Mr. Joaquin Merino, P.Geo, President of the Company and a Qualified Person as defined by NI 43-101 of the Canadian Securities Administrators.

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) info@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 mineralization of the IBW Project; the timing of assay results; the prospectivity of the Project; the timing and ability of the Company to produce an NI 43-101 compliant mineral resource estimate and 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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Usha Resources Ltd. ("USHA" or the "Company") (TSXV:USHA) (OTCQB:USHAF) (FSE:JO0), a North American mineral acquisition and exploration company focused on the development of drill-ready battery and precious metal projects, announces that it has issued 745,033 common shares (the "Shares") at a deemed price of $0.302 per Share to Ares Strategic Mining Inc. (the "Vendor"), which price is based on the Company's 10-day VWAP

The issuance of the Shares to the Vendor represents the second payment required pursuant to the option agreement dated March 17, 2022, as amended, (the "OptionAgreement") entered into with the Vendor for the acquisition Jackpot Lake, located in Clark County, Nevada. The Shares are subject to a hold period of four months and one day. The Shares issued were fewer than the maximum of 937,500 Shares, being the cap included in the Option Agreement, as the Company's 10-day VWAP of $0.302 was above the 10-day VWAP at the time of signing the Option Agreement. The third payment will need to be made on or before March 17, 2023.

The Company intends on satisfying the $1,000,000 work commitment through the expenditures from its upcoming maiden drill program of which USHA is in the final stages of preparing. The Company will provide updates in the coming weeks as the project moves towards drill mobilization.

Jackpot Lake Lithium Brine Property

The Jackpot Lake Lithium Brine Property is located within Clark County, 35 kilometres northeast of Las Vegas, Nevada, and is comprised of 140 mineral claims that total 2,800 acres. The project is exploring a "playa" which appears to be within a closed basin that may contain potentially lithium-rich brines. The geologic model is similar to that of Albemarle's Silver Peak Nevada Lithium Mine which has operated continuously since 1966, where sediments from lithium‑rich surrounding source rocks accumulate and fill the deposit leading to a potential concentration of lithium brine due to successive evaporation and concentration events.

The Company has permitted 2,700 metres over 6 holes and intends on commencing its maiden drill program this fall with the goal of defining a 43-101 resource. USHA's current and ongoing program at Jackpot Lake is operated by Rangefront Mining Service, a local Nevada firm with personnel that specialize in the planning and execution of lithium brine exploration, including resource estimation.

The project is considered to be "drill-ready" based on the following work which has successfully delineated a 5 x 2 kilometre anomaly within a closed basin that suggests the presence of a highly concentrated brine:

Figure 1 - Topographic map of the Jackpot Lake Lithium Brine Project with MT survey results overlain. Resistivities of

The technical content of this news release has been reviewed and approved by Mr. Seth Cude, P.G., RM, M.Sc., CASS, a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").

Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on the development of quality battery and precious metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Usha's portfolio of strategic properties provides target-rich diversification and consist of Jackpot Lake, a lithium project in Nevada; Nicobat, a nickel‑copper‑cobalt project in Ontario; and Lost Basin, a gold-copper project in Arizona. Usha trades on the TSX Venture Exchange under the symbol USHA, the OTCQB Exchange under the symbol USHAF and the Frankfurt Stock Exchange under the symbol JO0.

"Deepak Varshney" CEO and Director

For more information, please call Tyler Muir, Investor Relations, at 1-888-772-2452, email tmuir@usharesources.com, or visit www.usharesources.com.

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.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the completion of the 2022 field exploration programs on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

The Muskwa Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. See Figure 2 below.

Peter Hawley, President, CEO reports; "The 2022 exploration program was designed to focus on areas we studied last year, test structural theories with respect to new predictable of mineralized areas which has resulted in discoveries plus advance certain areas with respect to a potential 43-101 status at the end of 2023."

Well over 250-person field days were spent on the property during the season and below we will briefly discuss each of the 11 items executed this summer. As results are received and compiled timely news release will be made public with respect to their findings.

One-meter-long rock hammer for scale on gossan brown color copper showing.

All samples were documented, photographed and geotagged for future reference.

The above photo taken during the season shows the size of the grizzle paw prints next to a 20-inch-long VLF Electromagnetic instrument while performing a geophysical survey.

Safety First, all personal carried bear mace, whistles, bear bangers and bear gun for groups.

The above photo taken from a video clip of a UAV drone mission over the Toro Vein copper structures as seen in the mountain wide dark copper mineralized banding.

It is now known certain structure orientations are required for copper mineralization.

Security is always our priority.

The results from the Eagle Vein and Harris LIDAR will be discussed in detail with video footage in the near future

Historical drill core was located, documented and examined.

Fabled Copper participated in the 2022 legacy clean-up of 2,360kgs of fuel drums and 1,896kgs of waste material that were removed from the Gataga River Basin to the Fort Nelson dump. Final handling crew included: Shifting Mosaics Consulting, Northern Fire Worx Corp, North County Projects Ltd and Qwest. Photo: S. Leverkus, August 2022. We acknowledge the financial support of the Province of British Columbia.

In March 2022 the Company applied for a 15-drill pad, 3 holes per pad good for 5-year drill permit to Department of Mines, Permitting. In July, bonding was requested and was posted. At present, the Inspector of Mines, Permitting and the First Nations are in consultation.

In closing, we will release 2022 field results as they are received and compiled, plus the plans for 2023 as they become available.

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O. Fabled Copper Corp. Phone: (819) 316-0919 peter@fabledcopper.org

For further information please contact:

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

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Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ("Copper Fox" or the "Company") through its wholly owned subsidiary Northern Fox Copper Inc. advises that it has suspended plans to complete its proposed 2,500m drilling program on its 100% owned Eaglehead polymetallic porphyry copper project located approximately 50 kilometers ('km') east of Dease Lake, British Columbia. The Eaglehead project covers a large portion (16,492.62 ha) of the Lower Jurassic age (+-195Ma), Eaglehead stock.

Elmer B. Stewart, President and CEO of Copper Fox stated, "The delay in receipt of the permit to conduct the drilling program has been an extremely frustrating exercise. Since filing the NoW in early February 2022 Copper Fox has maintained contact with the Ministry of Energy, Mines and Low Carbon Innovation on the status and have been advised that they are unable to guarantee a timeline on our NoW. Given the remote nature of the camp/drilling location, the need for helicopter support and the onset of winter weather conditions, regrettably, Copper Fox has opted to delay the drilling program for this year."

Historical Drill Holes A total of 10 drill holes have been re-logged and previously un-sampled mineralized intervals totalling 175m have been sampled and sent for analyses. The mineralized intervals ranging in length from 2 to 45m consist of fracture and quartz veinlet-controlled chalcopyrite (+/- bornite-molybdenite) mineralization.

Field Investigations Prospecting and mapping of Target #4; southwest of the Bornite zone, located an area measuring approximately 300m by 200m of copper mineralization hosted in phyllic altered Quartz Diorite. Pyrite and limonite, along with several anhydrite veinlets, were observed within this zone. A late stage propylitic overprint (veinlets and disseminated epidote) was also noted. Malachite with minor azurite (after chalcopyrite) occur in extensively leached, quartz veinlets, along shear planes and disseminated throughout the Quartz Diorite. North of the Bornite-East zones, a NW trending NE dipping (55o) fault zone has been located. Structural relationships suggest transport of the hangingwall of the fault to the west. The location of this north dipping fault zone provides a better understanding of the location and morphology of the chargeability anomaly identified by the 2021 geophysical survey.

Archeological Survey A draft report of the archaeological survey dated September 1, 2022, entitled "Preliminary Field Reconnaissance within Eaglehead Mineral Claim Area" has been received.

Figure 1: Eaglehead Project Location To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2177/137048_6694e7eb54146a0e_001full.jpg

The survey was undertaken by Cordillera Archaeology on behalf of Copper Fox Metals. The survey area is in northwest BC, to the north of Turnagain River and south of Eaglehead Lake, location shown in Figure 1.

The preliminary field reconnaissance was conducted to:

In addition to the survey results, the report recommended:

Elmer B. Stewart, MSc. P. Geol., President and CEO of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.

About Copper Fox Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) and the OTC Market (OTCQX: CPFXF) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, are the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona and the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.

On behalf of the Board of Directors

Elmer B. Stewart President and Chief Executive Officer

For additional information contact: Lynn Ball, investor@copperfoxmetals.com 1-844-464-2820 or 1-403-264-2820

Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include statements about: the pending NoW; suspending the 2022 drilling program; the 2022 Archaeological draft survey report; field investigation on Target #4; locating new copper showings, and; historical drill holes with unsampled mineralized intervals.

In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: obtaining the NoW approval and permits; completing the 2022 program on time and within budget; the geological, metallurgical, engineering, financial and economic advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; the speed of field studies and the stability of economic and market conditions. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.

Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include among others: the pending NoW may not be approved; the 2022 Archaeological draft survey report may not be accurate; the copper showings located within Target #4 may not return significant copper concentrations; the mineralized intervals in the historical drill holes may not contain significant concentration of copper; uncertainties relating to interpretation of the previous results; the overall economy may deteriorate; uncertainty as to the availability and terms of future financing; fluctuations in commodity prices and demand; currency exchange rates; and uncertainty as to timely availability of permits and other governmental approvals.

A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137048

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