Chakana Reports Significant Intercepts at Soledad, Peru Including 46M of 5.64% Copper, 592.9 g/t Silver and 0.36 g/t Gold Provides Update on Resource Drilling

 

Soledad Project Highlights Include:

• Resource definition holes at Breccia Pipe 1 (“Bx 1”) completed; 62 drill holes totalling 17,936m
• A total of 259 diamond core holes completed on the Soledad project to date for 60,225m
• Additional resource definition drill results pending for Bx 5 and Huancarama
• Gradient array and 3D induced polarization (IP) orientation surveys in progress

Vancouver, B.C., September 7, 2021 – Chakana Copper Corp. (TSX-V: PERU; OTCQB: CHKKF; FRA: 1ZX) (the “Company” or “Chakana”), is pleased to provide results from the final seven resource definition holes drilled in Bx 1 totaling 2,474.65m from the Soledad project, Ancash, Peru (Table 1). Drilling continues as part of a fully funded 26,000m exploration and resource drilling program planned for 2021 (Fig. 1). These results will increase confidence in the initial resource estimate, anticipated at the end of 2021.

“Results for the final seven resource definition holes for Bx 1 are excellent as expected and consistent with previous drill results. These results, combined with previous drilling at Bx 1, will be part of the initial resource estimate that will also include Bx 5, Bx 6, Paloma East, Paloma West, and Huancarama. We look forward to releasing additional drill results from our ongoing drill program and are committed to having the initial resource estimate out by the end of the year,” stated President and CEO David Kelley.

Drill Results

Table 1. Mineralized intervals:

Bx 1 (Resource Definition)

DDH #	From – To (m)		Core Length (m)	Au g/t	Ag g/t	Cu %	Cu-eq %*	Au-eq g/t*
SDH21-211	0.0	27.0	27.0	4.61	14.2			4.80
and	39.0	83.0	44.0	4.86	60.8	1.58	5.28	8.07
and	133.0	159.0	26.0	0.68	256.1	3.72	6.35	9.72
and	198.0	241.7	43.7	0.29	54.0	0.93	1.58	2.42
and	255.4	257.8	2.5	0.26	83.1	1.88	2.76	4.22
SDH21-213	0.0	24.0	24.0	5.90	20.3			6.17
and	37.0	106.3	69.3	3.38	71.4	1.34	4.16	6.36
including	38.0	46.0	8.0	10.42	32.1	2.85	9.94	15.20
and	146.0	192.0	46.0	0.36	592.9	5.64	10.94	16.74
including	152.0	167.0	15.0	0.56	1207.6	11.52	22.21	33.97
and	208.0	216.0	8.0	0.12	129.4	1.93	3.11	4.76
and	232.0	259.0	27.0	0.80	132.2	1.31	2.96	4.53
and	297.0	329.2	32.2	0.64	48.2	0.90	1.73	2.65
SDH21-216	0.0	113.0	113.0	3.60	62.2	0.81	3.70	5.65
and	125.0	132.0	7.0	0.45	42.4	0.61	1.27	1.94
and	175.9	178.0	2.1	0.43	152.4	3.13	4.71	7.21
and	189.0	201.0	12.0	0.36	83.3	0.45	1.40	2.14
and	225.0	228.0	3.0	0.10	237.8	1.13	3.23	4.94
and	240.0	253.0	13.0	0.23	43.8	0.74	1.26	1.93
and	319.0	320.7	1.8	0.64	18.3	1.11	1.68	2.58
and	371.0	372.0	1.0	1.58	140.0	8.46	10.69	16.35
SDH21-218	288.10	319.15	31.05	0.48	29.7	0.33	0.90	1.37
SDH21-221	257.85	278.75	20.90	0.06	69.8	0.31	0.95
and	310.25	348.00	37.75	0.88	56.2	0.44	1.50	2.29
SDH21-223	284.00	308.00	24.00	0.34	47.8	0.36	0.99	1.52
SDH21-225	137.30	140.00	2.70	0.48	418.5	1.07	4.96	7.59
and	163.00	172.00	9.00	0.76	86.0	2.84	4.07	6.23
and	196.00	280.00	84.00	1.35	211.5	1.73	4.42	6.76

* Cu_eq and Au_eq values were calculated using copper, gold, and silver. Metal prices utilized for the calculations are Cu – US$2.90/lb, Au – US$1,300/oz, and Ag – US$17/oz. No adjustments were made for recovery as the project is an early-stage exploration project and metallurgical data to allow for estimation of recoveries are not yet available. The formulas utilized to calculate equivalent values are Cu-eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au-eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).

Bx 1
There are two breccia pipes at Bx 1, the Main Zone that crops out at surface, and the North Zone that is 40 metres north of the Main Zone and begins 125m below surface (Figs. 3 and 4). Drill holes in this release were designed to fill in gaps in previous drilling to contribute to the initial resource estimate. Three holes were drilled to the north from a central platform where the Main Zone crops out at surface. These holes cut the Main Zone and the North Zone. Four additional holes were drilled to the southwest from a platform located northeast of Bx 1 and were designed to fill in gaps on the southwest margin of the Main Zone.

2021 Resource and Exploration Drill Program
Results reported here are part of the fully funded 2021 drill program of 26,000m.  Combined with the drilling in the second half of 2020, approximately 32,000m is anticipated through the end of 2021. Of this, 18,414m have been reported to date in 83 drill holes.  Additional resource definition drill results for Bx 5 and Huancarama are pending. In addition, new targets located in the northern half of the project that have not been drilled previously but are strategic to any eventual development at Soledad will be tested. Exploration targets have been ranked based on their technical merit, access, and logistics.

Geophysical Surveys
Two different types of geophysical surveys are being tested to identify new breccia pipe targets and help refine the ranking of our existing 110 targets identified to date. Orientation surveys based on gradient array induced polarization and 3D induced polarization are underway over the known and well understood mineralized breccia pipes. Once the parameters of the surveys are optimized, the surveys will be completed throughout the 12-km² footprint of the Soledad mineral system where tourmaline breccias are known. These techniques will improve our understanding of the structural controls on fertile corridors that host the breccia pipes, help identify additional breccia pipes that may not come to surface, and refine the existing targets that we have.

About Chakana Copper
Chakana Copper Corp is a Canadian-based minerals exploration company that is currently advancing the Soledad Project located in the Ancash region of Peru, a highly favorable mining jurisdiction with supportive communities. The Soledad Project consists of high-grade copper-gold-silver mineralization hosted in tourmaline breccia pipes. A total of 60,225 metres in 259 diamond core holes for exploration and resource definition drilling have been completed since 2017, testing 15 of 110 total exploration targets, confirming that Soledad is a large, well-endowed mineral system with strong exploration upside.  Chakana’s investors are uniquely positioned as the Soledad Project provides exposure to base and precious. For more information on the Soledad project, please visit the website at www.chakanacopper.com.

Sampling and Analytical Procedures
Chakana follows rigorous sampling and analytical protocols that meet or exceed industry standards. Core samples are stored in a secured area until transport in batches to the ALS facility in Callao, Lima, Peru.  Sample batches include certified reference materials, blank, and duplicate samples that are then processed under the control of ALS. All samples are analyzed using the ME-MS41 (ICP technique that provides a comprehensive multi-element overview of the rock geochemistry), while gold is analyzed by AA24 and GRA22 when values exceed 10 g/t by AA24.  Over limit silver, copper, lead and zinc are analyzed using the OG-46 procedure. Soil samples are analyzed by 4-acid (ME-MS61) and for gold by Fire Assay on a 30g sample (Au-ICP21).

Results of previous drilling and additional information concerning the Project, including a technical report prepared in accordance with National Instrument 43-101, are made available on Chakana’s SEDAR profile at www.sedar.com.

Qualified Person
David Kelley, an officer and a director of Chakana, and a Qualified Person as defined by NI 43-101, reviewed and approved the technical information in this news release.

ON BEHALF OF THE BOARD

(signed) “David Kelley”
David Kelley
President and CEO

For further information contact:

Joanne Jobin, Investor Relations Officer
Phone: 647 964 0292
Email: jjobin@chakanacopper.com

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

Forward-looking Statement Advisory: This release may contain forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Chakana to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Forward looking statements or information relates to, among other things, the interpretation of the nature of the mineralization at the Soledad copper-gold-silver project (the “Project”), the potential to expand the mineralization, and to develop and grow a resource within the Project, the planning for further exploration work, the ability to de-risk the potential exploration targets, and our belief in the potential for mineralization within unexplored parts of the Project. These forward-looking statements are based on management’s current expectations and beliefs but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. The Company disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.

Sabre Gold Completes Acquisition of Golden Predator

 

TORONTO, Sept. 02, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (formerly Arizona Gold Corp.) (“Sabre Gold” or the “Company”) (TSX: AZG, OTCQB: AGAUF) and Golden Predator Mining Corp. (“Golden Predator”) (TSX.V: GPY, OTCQX: NTGSF) are pleased to announce the successful completion of the previously-announced business combination, pursuant to which Sabre Gold has acquired all of the issued and outstanding common shares of Golden Predator (the “Golden Shares”) by way of a statutory plan of arrangement under the provisions of the Business Corporations Act (British Columbia) (the “Arrangement”).

With the Arrangement now complete, Sabre Gold intends to cause the Golden Shares to be delisted from the TSX Venture Exchange (expected on or about close of markets on September 3, 2021), and Golden Predator intends to submit an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations.

Further details regarding the Arrangement are set out in the joint management information circular of Sabre Gold and Golden Predator dated July 23, 2021 which is available on SEDAR (www.sedar.com) under the respective issuer profiles of Sabre Gold and Golden Predator.

Early Warning Reporting

By virtue of its acquisition of all the issued and outstanding Golden Shares under the Arrangement, Sabre Gold is required to file an early warning report pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. A copy of the Early Warning Report will be filed on SEDAR (www.sedar.com) under Golden Predators’ issuer profile.

About Sabre Gold Mines Corp.
The combined company represents a business combination of Sabre Gold and Golden Predator a diversified, multi asset near-term gold producer in North America which will hold 100 per cent ownership of both the fully permitted Copperstone mine located in Arizona, United States and the Brewery Creek mine located in Yukon, Canada both of which are former gold producers. Management of the combined company intends to restart production at Copperstone followed by Brewery Creek in the near term.

The resource base of the combined company will consist of approximately 1.1 million ounces gold in the measured and indicated categories, plus an additional 1.5 million oz gold in the inferred category. Additionally, both Copperstone and Brewery Creek have considerable exploration upside with a combined land package of over 230 square kilometers that will be further drill tested with high priority targets currently identified.

For further information please contact:

Sabre Gold Mines Corp.
Giulio Bonifacio
President & Chief Executive Officer
gtbonifacio@arizona-gold.com

Cautionary Statements

Certain information contained herein constitutes forward-looking information or statements under applicable securities legislation and rules. Such statements include, but are not limited to, statements with respect to the resource base of the combined company and timing of delisting of the Golden Predator common shares and application to cease its reporting status. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Sabre Gold to be materially different from those expressed or implied by such forward-looking statements. Although management of Sabre Gold and Golden Predator have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. The parties will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The parties caution readers not to place undue reliance on these forward-looking statements and it does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

This press release is not and is not to be construed in any way as, an offer to buy or sell securities in the United States. The distribution of the Sabre Gold common shares in connection with the transactions described herein will not be registered under the United States Securities Act of 1933 (the “U.S. Securities Act”) and the Sabre Gold common shares may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Sabre Gold common shares, nor shall there be any offer or sale of the Sabre Gold common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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

Garibaldi Completes Airborne Geophysical Surveys Arranges $12 Million Finance Facility With Alumina Partners

 

Vancouver, British Columbia, September 3, 2021 – Garibaldi Resources (TSXV: GGI) (the “Company” or “Garibaldi”) is pleased to announce that the 2021 exploration program will resume drilling at the E&L nickel-copper-cobalt massive sulphide project at Nickel Mountain in Northwest British Columbia. This coincides with the completion of two separate airborne geophysical surveys at the Company’s180 sq.km Eskay Claim Group.  

Preliminary ZTEM Results

Garibaldi’s preliminary ZTEM survey data has identified a number of electro-magnetic (EM) anomalies. The survey detected the response of several conductors that will be ranked for field work and drill testing, early results are described as follows:

• Preliminary 2D Geotech ZTEM survey data over the Nickel Mountain Gabbroic Complex (NMGC) has detected several responses that support results from earlier VTEM surveys. Five conductors occur along and within the northeast trending gabbroic complex starting from E&L in the southwest to Mount Shirley in the northeast, and add to the potential for new discovery.
• These five separate ZTEM anomalies have never been previously drill tested as VTEM targets due to the higher priority of drilling the E&L mineralized zones. After producing a ZTEM response, these early results provide support for these anomalies as reliable conductors and priority drill targets.
• While final ZTEM 3D interpretation is required for full confirmation, the fact these preliminary 2D ZTEM results coincide specifically with the five earlier VTEM conductors, is considered to be significant. Particularly interesting is the ZTEM responses extending downward below the VTEM anomalies in four of the five conductors.
• The ZTEM survey also tested beneath the Bowser-Hazelton geologic contact sequence over Garibaldi’s claims. Garibaldi’s Eskay North claim block borders the original Eskay Creek mine situated along strike within 3 kms of the historic 21zones.These zones had some of the highest precious metal grades in history.

Financing Facility

Garibaldi Resources Corp.is pleased to announce that it has entered into a definitive agreement with Alumina Partners (Ontario) Ltd. to provide up to $12 million CDN over 3 years by way of a draw down equity financing facility. Alumina Partners is an affiliate of New York based private equity firm Alumina Partners, LLC.

 

The investment agreement is structured for relatively rapid access to equity private placement tranches of up to $500,000 CDN each. Each tranche will be a private placement of units comprised of one Garibaldi common share and one-half a common share purchase warrant good for 3 years.

Steve Regoci Garibaldi’s CEO stated “The investment agreement with Alumina Partners will allow for more flexibility to expand exploration budgets and provide insurance to accelerate development plans. As the new economy ramps up and demand for depleting critical metals grows, our shareholders will be well positioned to benefit.”

“We’re pleased to support Garibaldi as they ramp up exploration programs at Eskay Creek and the Atlin Gold Fields,” added Adi Nahmani, Alumina’s Managing Member. “The combination of gold and strategic battery metals opportunities in Garibaldi’s portfolio is very attractive to us. We believe that the dual drivers of near-term inflation and rising demand for energy storage solutions will set the stage for a favorable price environment for Garibaldi’s future development, and we look forward to seeing management execute in the remainder of this year and the year to come.”

Garibaldi may elect to access funding as and when required at its sole discretion, there are no standby charges or other upfront fees associated with the investment agreement. The units will be issued at a discount of 15% to 25% from the closing market price at the time each tranche is drawn down and the warrants will be issued at a 25% premium over the same closing market price. The expiry date of the warrants may be accelerated if they should trade equal to or greater than twice the exercise price for 20 consecutive days once eligible to be exercised. Each unit issued under the investment agreement will be subject to acceptance of the TSX Venture Exchange and the securities issued will be subject to a four month hold period from the date of issuance.

Steve Regoci, Garibaldi’s CEO, stated: “There’s a great deal of anticipation as to these preliminary ZTEM results which identifies a very intriguing group of anomalies lined up over a significant distance along the northeast axis from E&L. Their features are extremely interesting and we’re eager to drill these targets.

The Eskay Claim group contains enormous potential beyond our recent discoveries. Plans remain to continue to drill test the mineralized E&L extensional chambers and prepare Casper and Palm springs for drilling. Final 3D processed ZTEM data will help prioritize the next drill targets”

Geophysical Surveys Overview

The first stage of 2021 exploration relied on Geotech’s proprietary ZTEM survey to identify similar EM responses as the mineralized E&L gabbro, throughout the Nickel Mountain Gabbro Complex (NMGC).  As well, the ZTEM survey will aid in detecting additional mineralized chambers below the known mineralized gabbroic intrusive of the E&L system helping to guide targeted deeper drilling.  Furthermore, the survey aided in detecting EM sources for numerous Nickel, Copper, Zinc and Gold samples along the flanks of the NMGC and throughout the property (see slide 21 of Garibaldi Corporate Presentation) visit www.GaribaldiResources.com to view Ztem survey map.

Qualified Person

Jeremy Hanson, P.Geo., VP Exploration Canada for the Company and a qualified person as defined by NI- 43-101, has supervised the preparation of and reviewed and approved of the disclosure of information in this news release.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”
Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release

Garibaldi Completes Airborne Geophysical Surveys Arranges $12 Million Finance Facility With Alumina Partners Garibaldi Resources announced that the 2021 exploration program will resume drilling at the E&L nickel-copper-cobalt massive sulphide project at Nickel Mountain in Northwest British Columbia Research, News & Market Data on Garibaldi Watch recent presentation from Garibaldi

Sabre Gold Completes Acquisition of Golden Predator Golden Predator Mining announced that Sabre Gold has acquired all of the issued and outstanding common shares of Golden Predator Research, News & Market Data on Golden Predator Mining Watch recent presentation from Golden Predator Mining

Namaste Technologies Provides Corporate Update Namaste Technologies announced a corporate update including on its wholly owned subsidiary, CannMart Labs Inc Research, News & Market Data on Namaste Technologies Watch recent presentation from Namaste Technologies

 

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Garibaldi Completes Airborne Geophysical Surveys Arranges $12 Million Finance Facility With Alumina Partners

 

Vancouver, British Columbia, September 3, 2021 – Garibaldi Resources (TSXV: GGI) (the “Company” or “Garibaldi”) is pleased to announce that the 2021 exploration program will resume drilling at the E&L nickel-copper-cobalt massive sulphide project at Nickel Mountain in Northwest British Columbia. This coincides with the completion of two separate airborne geophysical surveys at the Company’s180 sq.km Eskay Claim Group.  

Preliminary ZTEM Results

Garibaldi’s preliminary ZTEM survey data has identified a number of electro-magnetic (EM) anomalies. The survey detected the response of several conductors that will be ranked for field work and drill testing, early results are described as follows:

• Preliminary 2D Geotech ZTEM survey data over the Nickel Mountain Gabbroic Complex (NMGC) has detected several responses that support results from earlier VTEM surveys. Five conductors occur along and within the northeast trending gabbroic complex starting from E&L in the southwest to Mount Shirley in the northeast, and add to the potential for new discovery.
• These five separate ZTEM anomalies have never been previously drill tested as VTEM targets due to the higher priority of drilling the E&L mineralized zones. After producing a ZTEM response, these early results provide support for these anomalies as reliable conductors and priority drill targets.
• While final ZTEM 3D interpretation is required for full confirmation, the fact these preliminary 2D ZTEM results coincide specifically with the five earlier VTEM conductors, is considered to be significant. Particularly interesting is the ZTEM responses extending downward below the VTEM anomalies in four of the five conductors.
• The ZTEM survey also tested beneath the Bowser-Hazelton geologic contact sequence over Garibaldi’s claims. Garibaldi’s Eskay North claim block borders the original Eskay Creek mine situated along strike within 3 kms of the historic 21zones.These zones had some of the highest precious metal grades in history.

Financing Facility

Garibaldi Resources Corp.is pleased to announce that it has entered into a definitive agreement with Alumina Partners (Ontario) Ltd. to provide up to $12 million CDN over 3 years by way of a draw down equity financing facility. Alumina Partners is an affiliate of New York based private equity firm Alumina Partners, LLC.

 

The investment agreement is structured for relatively rapid access to equity private placement tranches of up to $500,000 CDN each. Each tranche will be a private placement of units comprised of one Garibaldi common share and one-half a common share purchase warrant good for 3 years.

Steve Regoci Garibaldi’s CEO stated “The investment agreement with Alumina Partners will allow for more flexibility to expand exploration budgets and provide insurance to accelerate development plans. As the new economy ramps up and demand for depleting critical metals grows, our shareholders will be well positioned to benefit.”

“We’re pleased to support Garibaldi as they ramp up exploration programs at Eskay Creek and the Atlin Gold Fields,” added Adi Nahmani, Alumina’s Managing Member. “The combination of gold and strategic battery metals opportunities in Garibaldi’s portfolio is very attractive to us. We believe that the dual drivers of near-term inflation and rising demand for energy storage solutions will set the stage for a favorable price environment for Garibaldi’s future development, and we look forward to seeing management execute in the remainder of this year and the year to come.”

Garibaldi may elect to access funding as and when required at its sole discretion, there are no standby charges or other upfront fees associated with the investment agreement. The units will be issued at a discount of 15% to 25% from the closing market price at the time each tranche is drawn down and the warrants will be issued at a 25% premium over the same closing market price. The expiry date of the warrants may be accelerated if they should trade equal to or greater than twice the exercise price for 20 consecutive days once eligible to be exercised. Each unit issued under the investment agreement will be subject to acceptance of the TSX Venture Exchange and the securities issued will be subject to a four month hold period from the date of issuance.

Steve Regoci, Garibaldi’s CEO, stated: “There’s a great deal of anticipation as to these preliminary ZTEM results which identifies a very intriguing group of anomalies lined up over a significant distance along the northeast axis from E&L. Their features are extremely interesting and we’re eager to drill these targets.

The Eskay Claim group contains enormous potential beyond our recent discoveries. Plans remain to continue to drill test the mineralized E&L extensional chambers and prepare Casper and Palm springs for drilling. Final 3D processed ZTEM data will help prioritize the next drill targets”

Geophysical Surveys Overview

The first stage of 2021 exploration relied on Geotech’s proprietary ZTEM survey to identify similar EM responses as the mineralized E&L gabbro, throughout the Nickel Mountain Gabbro Complex (NMGC).  As well, the ZTEM survey will aid in detecting additional mineralized chambers below the known mineralized gabbroic intrusive of the E&L system helping to guide targeted deeper drilling.  Furthermore, the survey aided in detecting EM sources for numerous Nickel, Copper, Zinc and Gold samples along the flanks of the NMGC and throughout the property (see slide 21 of Garibaldi Corporate Presentation) visit www.GaribaldiResources.com to view Ztem survey map.

Qualified Person

Jeremy Hanson, P.Geo., VP Exploration Canada for the Company and a qualified person as defined by NI- 43-101, has supervised the preparation of and reviewed and approved of the disclosure of information in this news release.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”
Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release

Sabre Gold Completes Acquisition of Golden Predator

 

TORONTO, Sept. 02, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (formerly Arizona Gold Corp.) (“Sabre Gold” or the “Company”) (TSX: AZG, OTCQB: AGAUF) and Golden Predator Mining Corp. (“Golden Predator”) (TSX.V: GPY, OTCQX: NTGSF) are pleased to announce the successful completion of the previously-announced business combination, pursuant to which Sabre Gold has acquired all of the issued and outstanding common shares of Golden Predator (the “Golden Shares”) by way of a statutory plan of arrangement under the provisions of the Business Corporations Act (British Columbia) (the “Arrangement”).

With the Arrangement now complete, Sabre Gold intends to cause the Golden Shares to be delisted from the TSX Venture Exchange (expected on or about close of markets on September 3, 2021), and Golden Predator intends to submit an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations.

Further details regarding the Arrangement are set out in the joint management information circular of Sabre Gold and Golden Predator dated July 23, 2021 which is available on SEDAR (www.sedar.com) under the respective issuer profiles of Sabre Gold and Golden Predator.

Early Warning Reporting

By virtue of its acquisition of all the issued and outstanding Golden Shares under the Arrangement, Sabre Gold is required to file an early warning report pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. A copy of the Early Warning Report will be filed on SEDAR (www.sedar.com) under Golden Predators’ issuer profile.

About Sabre Gold Mines Corp.
The combined company represents a business combination of Sabre Gold and Golden Predator a diversified, multi asset near-term gold producer in North America which will hold 100 per cent ownership of both the fully permitted Copperstone mine located in Arizona, United States and the Brewery Creek mine located in Yukon, Canada both of which are former gold producers. Management of the combined company intends to restart production at Copperstone followed by Brewery Creek in the near term.

The resource base of the combined company will consist of approximately 1.1 million ounces gold in the measured and indicated categories, plus an additional 1.5 million oz gold in the inferred category. Additionally, both Copperstone and Brewery Creek have considerable exploration upside with a combined land package of over 230 square kilometers that will be further drill tested with high priority targets currently identified.

For further information please contact:

Sabre Gold Mines Corp.
Giulio Bonifacio
President & Chief Executive Officer
gtbonifacio@arizona-gold.com

Cautionary Statements

Certain information contained herein constitutes forward-looking information or statements under applicable securities legislation and rules. Such statements include, but are not limited to, statements with respect to the resource base of the combined company and timing of delisting of the Golden Predator common shares and application to cease its reporting status. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Sabre Gold to be materially different from those expressed or implied by such forward-looking statements. Although management of Sabre Gold and Golden Predator have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. The parties will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The parties caution readers not to place undue reliance on these forward-looking statements and it does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

This press release is not and is not to be construed in any way as, an offer to buy or sell securities in the United States. The distribution of the Sabre Gold common shares in connection with the transactions described herein will not be registered under the United States Securities Act of 1933 (the “U.S. Securities Act”) and the Sabre Gold common shares may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Sabre Gold common shares, nor shall there be any offer or sale of the Sabre Gold common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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

Sabre Gold and Golden Predator Announce Anticipated Plan of Arrangement Closing; Attendance at Precious Metals Summit

 

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (formerly Arizona Gold Corp.) (“Sabre Gold” or the “Company”) (TSX: AZG, OTCQB: AGAUF) and Golden Predator Mining Corp. (“Golden Predator”) (TSX.V: GPY, OTCQX: NTGSF) are pleased to announce that all conditions to closing have now been satisfied in respect of the previously announced business combination, pursuant to which Sabre Gold will acquire all of the common shares of Golden Predator by way of a court approved plan of arrangement (the “Arrangement”).

Closing of the Arrangement
As previously announced on August 25, 2021, shareholders of both companies overwhelmingly approved all matters voted on at the special meetings, including shareholders of Golden Predator approving the proposed Arrangement. The British Columbia Supreme Court issued the final order approving the Arrangement on August 31, 2021.

The effective date of the Arrangement is expected to occur on September 2, 2021. In order to accommodate the closing of the Arrangement, trading in Golden Predator common shares (“Golden Shares”) are being halted effective at the market close on September 1, 2021. Golden Predator Shares are expected to be delisted from the TSX Venture Exchange and an application will be made for Golden Predator to cease to be a reporting issuer following closing of the Arrangement.

Pursuant to the Arrangement, all of the Golden Shares issued and outstanding immediately prior to the completion of the Arrangement will be exchanged for common shares of Sabre Gold (“Sabre Shares”) on the basis of 1.65 Sabre Shares per Golden Share (the “Exchange Ratio”). Following completion of the Arrangement, current Sabre Gold shareholders and former Golden Predator shareholders will own approximately 55% and 45% of the combined company common shares, respectively.

Registered Golden Predator shareholders are reminded to complete and return the letter of transmittal received with the meeting materials for the purposes of exchanging their Golden Shares for Sabre Shares, if they have not already done so. Non-registered or beneficial Golden Predator shareholders, being Golden Predator shareholders whose shares are registered in the name of a broker, investment dealer or other intermediary, will either receive their Sabre Shares through CDS or DTC (if arrangements have been made by their intermediary) or in certificated form. On closing of the Arrangement, Golden Predator warrants and options will be deemed to be amended in accordance with the Exchange Ratio and will be exercisable for Sabre Shares.

Name Change and Trading
In connection with the Arrangement, the Company completed its name change to “Sabre Gold Mines Corp.” and is expected to commence trading on the Toronto Stock Exchange under the new name and ticker symbol (TSX:SGLD) on a post-Arrangement basis on or about September 8, 2021. The Company expects to begin trading on the OTCQB under its new name and ticker symbol by the middle of September 2021, until such time the Company will continue to trade under its current OTCQB symbol, AGAUF. A new website for the Company on a post-Arrangement basis will also be launched in early September 2021.

Presentation At Precious Metals Summit
The Company is pleased to announce its participation at the 2021 Precious Metals Summit at the Park Hyatt in Beaver Creek, Colorado, September 8^th – September 11^th, 2021. For more information, please visit www.precioussummit.com

CEO and Director, Giulio Bonifacio and proposed Non-Executive Chairman, William Sheriff, will attend the event, and Mr. Bonifacio will deliver a corporate presentation on Friday, September 10^th at 1:15pm MDT, in Room 2 of the Gerald R. Ford Center. The presentation will be webcast and available for replay at https://wsw.com/webcast/preciousmetals3/gpy.v/

About Sabre Gold Mines Corp.

The combined company represents a business combination of Sabre Gold and Golden Predator a diversified, multi asset near-term gold producer in North America which will hold 100 per cent ownership of both the fully permitted Copperstone mine located in Arizona, United States and the Brewery Creek mine located in Yukon, Canada both of which are former gold producers. Management of the combined company intends to restart production at Copperstone followed by Brewery Creek in the near term.

The resource base of the combined company will consist of approximately 1.1 million ounces gold in the measured and indicated categories, plus an additional 1.5 million oz gold in the inferred category. Additionally, both Copperstone and Brewery Creek have considerable exploration upside with a combined land package of over 230 square kilometers that will be further drill tested with high priority targets currently identified.

For further information please visit the websites at www.arizona-gold.com and www.goldenpredator.com.

Contact Information

Cautionary Statements

Certain information contained herein constitutes forward-looking information or statements under applicable securities legislation and rules. Such statements include, but are not limited to, statements with respect to the resource base of the combined company, anticipated timing and completion of the Arrangement, timing of listing of the Company’s common shares under its new name and ticker symbols on the TSX and OTCQB, and timing of delisting of the Golden Predator common shares and application to cease its reporting status. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Sabre Gold and/or Golden Predator to be materially different from those expressed or implied by such forward-looking statements. Although management of each of Sabre Gold and Golden Predator has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. Neither party will update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The parties caution readers not to place undue reliance on these forward-looking statements and it does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

This press release is not and is not to be construed in any way as, an offer to buy or sell securities in the United States. The distribution of the Sabre Gold common shares in connection with the transactions described herein will not be registered under the United States Securities Act of 1933 (the “U.S. Securities Act”) and the Sabre Gold common shares may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Sabre Gold common shares, nor shall there be any offer or sale of the Sabre Gold common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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

Sabre Gold and Golden Predator Announce Anticipated Plan of Arrangement Closing; Attendance at Precious Metals Summit

 

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (formerly Arizona Gold Corp.) (“Sabre Gold” or the “Company”) (TSX: AZG, OTCQB: AGAUF) and Golden Predator Mining Corp. (“Golden Predator”) (TSX.V: GPY, OTCQX: NTGSF) are pleased to announce that all conditions to closing have now been satisfied in respect of the previously announced business combination, pursuant to which Sabre Gold will acquire all of the common shares of Golden Predator by way of a court approved plan of arrangement (the “Arrangement”).

Closing of the Arrangement
As previously announced on August 25, 2021, shareholders of both companies overwhelmingly approved all matters voted on at the special meetings, including shareholders of Golden Predator approving the proposed Arrangement. The British Columbia Supreme Court issued the final order approving the Arrangement on August 31, 2021.

The effective date of the Arrangement is expected to occur on September 2, 2021. In order to accommodate the closing of the Arrangement, trading in Golden Predator common shares (“Golden Shares”) are being halted effective at the market close on September 1, 2021. Golden Predator Shares are expected to be delisted from the TSX Venture Exchange and an application will be made for Golden Predator to cease to be a reporting issuer following closing of the Arrangement.

Pursuant to the Arrangement, all of the Golden Shares issued and outstanding immediately prior to the completion of the Arrangement will be exchanged for common shares of Sabre Gold (“Sabre Shares”) on the basis of 1.65 Sabre Shares per Golden Share (the “Exchange Ratio”). Following completion of the Arrangement, current Sabre Gold shareholders and former Golden Predator shareholders will own approximately 55% and 45% of the combined company common shares, respectively.

Registered Golden Predator shareholders are reminded to complete and return the letter of transmittal received with the meeting materials for the purposes of exchanging their Golden Shares for Sabre Shares, if they have not already done so. Non-registered or beneficial Golden Predator shareholders, being Golden Predator shareholders whose shares are registered in the name of a broker, investment dealer or other intermediary, will either receive their Sabre Shares through CDS or DTC (if arrangements have been made by their intermediary) or in certificated form. On closing of the Arrangement, Golden Predator warrants and options will be deemed to be amended in accordance with the Exchange Ratio and will be exercisable for Sabre Shares.

Name Change and Trading
In connection with the Arrangement, the Company completed its name change to “Sabre Gold Mines Corp.” and is expected to commence trading on the Toronto Stock Exchange under the new name and ticker symbol (TSX:SGLD) on a post-Arrangement basis on or about September 8, 2021. The Company expects to begin trading on the OTCQB under its new name and ticker symbol by the middle of September 2021, until such time the Company will continue to trade under its current OTCQB symbol, AGAUF. A new website for the Company on a post-Arrangement basis will also be launched in early September 2021.

Presentation At Precious Metals Summit
The Company is pleased to announce its participation at the 2021 Precious Metals Summit at the Park Hyatt in Beaver Creek, Colorado, September 8^th – September 11^th, 2021. For more information, please visit www.precioussummit.com

CEO and Director, Giulio Bonifacio and proposed Non-Executive Chairman, William Sheriff, will attend the event, and Mr. Bonifacio will deliver a corporate presentation on Friday, September 10^th at 1:15pm MDT, in Room 2 of the Gerald R. Ford Center. The presentation will be webcast and available for replay at https://wsw.com/webcast/preciousmetals3/gpy.v/

About Sabre Gold Mines Corp.

The combined company represents a business combination of Sabre Gold and Golden Predator a diversified, multi asset near-term gold producer in North America which will hold 100 per cent ownership of both the fully permitted Copperstone mine located in Arizona, United States and the Brewery Creek mine located in Yukon, Canada both of which are former gold producers. Management of the combined company intends to restart production at Copperstone followed by Brewery Creek in the near term.

The resource base of the combined company will consist of approximately 1.1 million ounces gold in the measured and indicated categories, plus an additional 1.5 million oz gold in the inferred category. Additionally, both Copperstone and Brewery Creek have considerable exploration upside with a combined land package of over 230 square kilometers that will be further drill tested with high priority targets currently identified.

For further information please visit the websites at www.arizona-gold.com and www.goldenpredator.com.

Contact Information

Cautionary Statements

Certain information contained herein constitutes forward-looking information or statements under applicable securities legislation and rules. Such statements include, but are not limited to, statements with respect to the resource base of the combined company, anticipated timing and completion of the Arrangement, timing of listing of the Company’s common shares under its new name and ticker symbols on the TSX and OTCQB, and timing of delisting of the Golden Predator common shares and application to cease its reporting status. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Sabre Gold and/or Golden Predator to be materially different from those expressed or implied by such forward-looking statements. Although management of each of Sabre Gold and Golden Predator has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. Neither party will update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The parties caution readers not to place undue reliance on these forward-looking statements and it does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

This press release is not and is not to be construed in any way as, an offer to buy or sell securities in the United States. The distribution of the Sabre Gold common shares in connection with the transactions described herein will not be registered under the United States Securities Act of 1933 (the “U.S. Securities Act”) and the Sabre Gold common shares may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Sabre Gold common shares, nor shall there be any offer or sale of the Sabre Gold common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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

 

Endeavour Silver Completes Acquisition Of Bruner Gold Project In Nye County, Nevada

 

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) (“Endeavour”) is pleased to announce that it has completed the acquisition of the Bruner Property, located in Nye County, Nevada, from Canamex Gold Corp. (“Canamex”) (see news release dated July 19, 2021). Endeavour paid US$10 million in cash for 100% of the Bruner Gold Project which includes mineral claims, mining rights, property assets, water rights, and government authorizations and permits.

The Bruner Gold Project is an exploration and development stage project located approximately 180 kilometres (km) southeast of Reno, Nevada. Gold was originally discovered in the district in 1906 and saw intermittent historic mining between 1906 and 1998. Recent exploration activities by previous operators included mapping, drilling, geophysical surveys and sampling culminating in a mineral resource estimate in 2015 and a preliminary economic assessment in 2017 outlining a low capital cost, open pit, heap leach operation.

A historic resource estimate of 342,000 ounces of gold contained in 17.5 million tonnes (t) grading 0.61 grams per tonne (gpt) in three zones, Paymaster, HRA and Penelas was prepared for Canamex in a technical report dated January 22, 2018 titled “NI 43-101 Technical Report on the Bruner Gold Project, Updated Preliminary Economic Assessment, Nye County, Nevada, USA” by Welsh Hagen Associates. A Qualified Person has not done sufficient work for Endeavour to classify the historical estimate as a current mineral resource or mineral reserve. Endeavour is not treating the historical estimate as a current mineral resource or mineral reserve, has not verified the historical resource estimate and is not relying on it. Endeavour plans to “twin” certain drill holes and conduct a drilling program to upgrade the historical estimate as a current mineral resource. Activities in Q4, 2021 will focus on surface work and data compilation and in 2022, Endeavour anticipates recommencing exploration work on high priority targets.

Endeavour CEO Dan Dickson commented, “We are pleased to add an advanced precious metals property to our project pipeline. Bruner should be an accretive acquisition for our five-year strategic plan to become a premier senior silver producer, with potential for exploration discoveries, district acquisitions, near-term production, and organic growth.

“We will provide a formal market update in our 2022 annual guidance on our exploration plans for the Bruner project. Our exploration team will focus initially on verifying the historic resources, then turn its attention to the many exploration targets on the Bruner Property. We look forward to unlocking the full potential of the Bruner Property with the goal of building a new mining operation in another historic mining district in Nevada.

“In the short term, our attention is on the Terronera Project, as we are nearing the completion of the Feasibility Study and we look forward to releasing the results.”

Dale Mah, B.Sc., P.Geo., Endeavour’s Vice President Corporate Development, is the Qualified Person who reviewed and approved this news release.

About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer.  Our philosophy of corporate social integrity creates value for all stakeholders.

SOURCE Endeavour Silver Corp.

Contact Information
Galina Meleger, Vice President, Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Email: gmeleger@edrsilver.com
Website: www.edrsilver.com

Follow Endeavour Silver on Facebook, Twitter, Instagram and LinkedIn

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking statements concern the Company’s strategic plans for the Bruner Property, timing and completion of the Terronera Project Feasibility Study, timing and expectations for the Company’s exploration and drilling programs, estimates of mineralization from drilling, geological information projected from sampling results and the potential quantities and grades of the target zones. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; and the historical basis for current estimates of potential quantities and grades of target zones. The actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors including: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data, and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Source: Endeavour Silver Corporation

 

Endeavour Silver Completes Acquisition Of Bruner Gold Project In Nye County, Nevada

 

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) (“Endeavour”) is pleased to announce that it has completed the acquisition of the Bruner Property, located in Nye County, Nevada, from Canamex Gold Corp. (“Canamex”) (see news release dated July 19, 2021). Endeavour paid US$10 million in cash for 100% of the Bruner Gold Project which includes mineral claims, mining rights, property assets, water rights, and government authorizations and permits.

The Bruner Gold Project is an exploration and development stage project located approximately 180 kilometres (km) southeast of Reno, Nevada. Gold was originally discovered in the district in 1906 and saw intermittent historic mining between 1906 and 1998. Recent exploration activities by previous operators included mapping, drilling, geophysical surveys and sampling culminating in a mineral resource estimate in 2015 and a preliminary economic assessment in 2017 outlining a low capital cost, open pit, heap leach operation.

A historic resource estimate of 342,000 ounces of gold contained in 17.5 million tonnes (t) grading 0.61 grams per tonne (gpt) in three zones, Paymaster, HRA and Penelas was prepared for Canamex in a technical report dated January 22, 2018 titled “NI 43-101 Technical Report on the Bruner Gold Project, Updated Preliminary Economic Assessment, Nye County, Nevada, USA” by Welsh Hagen Associates. A Qualified Person has not done sufficient work for Endeavour to classify the historical estimate as a current mineral resource or mineral reserve. Endeavour is not treating the historical estimate as a current mineral resource or mineral reserve, has not verified the historical resource estimate and is not relying on it. Endeavour plans to “twin” certain drill holes and conduct a drilling program to upgrade the historical estimate as a current mineral resource. Activities in Q4, 2021 will focus on surface work and data compilation and in 2022, Endeavour anticipates recommencing exploration work on high priority targets.

Endeavour CEO Dan Dickson commented, “We are pleased to add an advanced precious metals property to our project pipeline. Bruner should be an accretive acquisition for our five-year strategic plan to become a premier senior silver producer, with potential for exploration discoveries, district acquisitions, near-term production, and organic growth.

“We will provide a formal market update in our 2022 annual guidance on our exploration plans for the Bruner project. Our exploration team will focus initially on verifying the historic resources, then turn its attention to the many exploration targets on the Bruner Property. We look forward to unlocking the full potential of the Bruner Property with the goal of building a new mining operation in another historic mining district in Nevada.

“In the short term, our attention is on the Terronera Project, as we are nearing the completion of the Feasibility Study and we look forward to releasing the results.”

Dale Mah, B.Sc., P.Geo., Endeavour’s Vice President Corporate Development, is the Qualified Person who reviewed and approved this news release.

About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer.  Our philosophy of corporate social integrity creates value for all stakeholders.

SOURCE Endeavour Silver Corp.

Contact Information
Galina Meleger, Vice President, Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Email: gmeleger@edrsilver.com
Website: www.edrsilver.com

Follow Endeavour Silver on Facebook, Twitter, Instagram and LinkedIn

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking statements concern the Company’s strategic plans for the Bruner Property, timing and completion of the Terronera Project Feasibility Study, timing and expectations for the Company’s exploration and drilling programs, estimates of mineralization from drilling, geological information projected from sampling results and the potential quantities and grades of the target zones. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; and the historical basis for current estimates of potential quantities and grades of target zones. The actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors including: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data, and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Source: Endeavour Silver Corporation

Sierra Metals CEO Luis Marchese make a formal corporate presentation. Afterwards, he is joined by Noble Capital Markets Senior Research Analyst Mark Reichman for a Q & A session featuring questions asked by the live audience throughout the event. Research, News, and Advanced Market Data on SMTS Information on upcoming live virtual roadshows Sierra Metals Inc. is a diversified Canadian mining company focused on the production and development of precious and base metals from its polymetallic Yauricocha Mine in Peru, and Bolivar and Cusi Mines in Mexico. The Company is focused on increasing production volume and growing mineral resources. Sierra Metals has recently had several new key discoveries and still has many more exciting brownfield exploration opportunities at all three Mines in Peru and Mexico that are within close proximity to the existing mines. Additionally, the Company also has large land packages at all three mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.

Friday, August 27, 2021

Aurania Resources (AUIAF)(ARU:CA)
Zeroing in on the Most Immediate High Potential Targets

As of April 24, 2020, Noble Capital Markets research on Aurania Resources is published under ticker symbols (AUIAF and ARU:CA). The price target is in USD and based on ticker symbol AUIAF. Research reports dated prior to April 24, 2020 may not follow these guidelines and could account for a variance in the price target.

Aurania Resources Ltd. is a Canada-based junior mining exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset, The Lost Cities-Cutucu Project, is in southeastern Ecuador in the Province of Morona-Santiago. The company also has several minor projects in Switzerland.

Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

New epithermal gold-silver target. A new epithermal gold target has been identified near the Kuri-Yawi target with soil samples returning gold values up to 0.56 grams of gold per tonne over a 0.67 square kilometer area. The Latorre C target forms part of the same epithermal system as Kuri-Yawi. Sinter material has defined probable upwelling zones that typically lie at the core of epithermal systems and MobileMT geophysical data revealed a conductive zone lying beneath the sinter.


Drilling program.  Six drill holes have been completed at the Tsenken N1 copper-silver target with Hole TSN1-007 still underway. We think management intends to complete 10 drill holes at Tsenken N1. Two drill holes have been completed at the Tiria-Shimpia silver-zinc target with Hole SH-003 in progress. Results for Hole SH-002 are pending. We think Aurania will remain focused on Tiria-Shimpia and …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Arizona Gold and Golden Predator Shareholders Approve Business Combination

 

VANCOUVER, British Columbia, Aug. 25, 2021 (GLOBE NEWSWIRE) — Arizona Gold Corp. (“Arizona”) (TSX: AZG, OTCQB: AGAUF) and Golden Predator Mining Corp. (“Golden Predator”) (TSX.V: GPY, OTCQX: NTGSF) are pleased to announce that shareholders of both Arizona and Golden Predator have overwhelmingly approved all matters voted on at Arizona’s special meeting as well as at Golden Predator’s special meeting held earlier today, including the proposed acquisition by Arizona of all of the outstanding common shares of Golden Predator by way of a proposed plan of arrangement (the “Arrangement”), pursuant to the terms and subject to the conditions of the arrangement agreement between Arizona and Golden Predator dated June 28, 2021.

Subject to the satisfaction or waiver of the remaining conditions to the Arrangement, including approval of the Arrangement by the British Columbia Supreme Court, which application will be heard on August 30, 2021, closing of the Arrangement is expected to occur on September 2, 2021.

Under the terms of the Arrangement, all of the issued and outstanding common shares of Golden Predator will be exchanged for common shares of Arizona on the basis of 1.65 common shares of Arizona per common share of Golden Predator (the “Exchange Ratio”). Following completion of the Arrangement, current Arizona shareholders and former Golden Predator shareholders will own approximately 55% and 45% of the combined company common shares, respectively.

Name Change to Sabre Gold Mines Corp.
Arizona also intends to proceed with a name change to Sabre Gold Mines Corp. (“Sabre Gold”) in connection with the closing of the Arrangement. The common shares of the new Sabre Gold are expected to trade under the ticker symbol ‘SGLD’ on the Toronto Stock Exchange. The company expects to begin trading under its new name on the OTCQB at or about the same time and under a new ticker symbol by the middle of September, 2021, until which time the company will continue to trade under the current OTCQB symbol (AGAUF). A new website for the combined company will also be launched in early September.

Golden Predator shares are expected to be delisted from the TSX Venture Exchange and an application will be made for Golden Predator to cease to be a reporting issuer on the date of closing of the Arrangement.

Arizona Meeting & Voting Results
The issuance by Arizona of common shares of Arizona (“Arizona Shares”) to the shareholders of Golden Predator in exchange for all of the issued and outstanding Golden Predator shares pursuant to the Arrangement was approved by 99.5% of the votes cast by Arizona shareholders present or represented by proxy at Arizona’s special meeting.

All matters presented for approval at the Arizona special meeting were duly authorized and approved as follows:

Total Shares Represented at the meeting:	161,052,465	(46.54%)
Share Issuance Resolution:
Shares Represented by Proxy – Voted For	156,132,570	(99.5%)
Shares Represented by Proxy – Voted Against	759,817	(0.5%)
Share Represented by proxy – Not Voted	4,160,078
Name Change Resolution:
Shares Represented by Proxy – Voted For	158,113,145	(98.2%)
Shares Represented by Proxy – Voted Against	2,939,320	(1.8%)

Golden Predator Meeting & Voting Results
The Arrangement with Arizona was approved by 99.29% of the votes cast by Golden Predator shareholders present by virtual attendance or represented by proxy at Golden Predator’s special meeting.

All matters presented for approval at the Golden Predator special meeting were duly authorized and approved as follows:

Total Shares Represented at the meeting:	78,461,398	(45.50%)
Arrangement Resolution:
Shares Represented by Proxy – Voted For	77,907,359	(99.29%)
Shares Represented by Proxy – Voted Against	554,029	(0.71%)

About Arizona
Arizona Gold is an emerging American gold producer advancing the restart of production at its 100% owned, fully permitted, past-producing Copperstone mine project, located in mining-friendly Arizona. The Copperstone mine project demonstrates significant upside exploration potential that has yet to be drilled within a 50 km² land package that includes past production of over 500,000 oz gold by way of an open-pit operation.

The company’s current focus is on maximizing Copperstone’s potential by defining and expanding current resources and further optimizing the mine’s economics for purposes of the restart of gold production in the near-term as a result of the recent project funding transaction with Star Royalties Ltd.

For further information please visit the Arizona website at www.arizona-gold.com.

About Golden Predator
Golden Predator is advancing the past-producing Brewery Creek mine towards a timely resumption of mining activities in Canada’s Yukon. The project has established resources grading over 1.0 g/t gold and both a technical report and Bankable Feasibility Study underway to define the economics of a restart of heap leach operations at the Brewery Creek mine. The 180 km² brownfield property is located 55 km by road from Dawson City, Yukon and operates under a Socio-Economic Accord with the Tr’ondëk Hwëch’in First Nation. The Company also holds the Marg project, with a NI 43-101 compliant resource, the Gold Dome project and the Grew Creek project.

For additional information on Golden Predator and the Brewery Creek mine, please visit the website at www.goldenpredator.com.

Contact Information

Cautionary Statements

Certain information contained herein constitutes forward-looking information or statements under applicable securities legislation and rules. Such statements include, but are not limited to, statements with respect to the anticipated completion of the Transaction. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Arizona and/or Golden Predator to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to: (i) any inability of the parties to satisfy the conditions to the completion of the transaction on acceptable terms or at all; and (ii) receipt of necessary stock exchange and court approvals. Although management of each of Arizona and Golden Predator has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. Neither party will update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The parties caution readers not to place undue reliance on these forward-looking statements and it does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

This press release is not and is not to be construed in any way as, an offer to buy or sell securities in the United States. The distribution of the Arizona common shares in connection with the transactions described herein will not be registered under the United States Securities Act of 1933 (the “U.S. Securities Act”) and the Arizona common shares may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Arizona common shares, nor shall there be any offer or sale of the Arizona common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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