Opawica Completes Viewpoint Documentary Filming Hosted By Dennis Quaid |

Vancouver, British Columbia TheNewswire - June 2nd, 2022, (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the "Company" or "Opawica") is pleased to announce that it has completed filming for its upcoming educational documentary series "Viewpoint with Dennis Quaid" ( "Viewpoint" ). The long-running award-winning series, hosted by the well-known actor Dennis Quaid produces educational documentaries on a range of topics including business, technology, travel, health, and culture with a focus on highlighting innovation around the world. Viewpoint is distributed nationwide in the United States through public television stations and major networks; including but not limited to CNBC, FOX Business, Bloomberg TV, Discovery Channel, History Channel, National Geographic and HLN and is aired to over 60 million households in the United States.

Blake Morgan, President, and CEO of Opawica, noted: "We are thrilled to have completed filming as a featured company on Viewpoint with Dennis Quaid. Having this sort of exposure to approximately 60 million homes will dramatically assist in telling the Opawica story. With a big year of drilling, assays, and exploration work ahead of us, Opawica is ready to take the next step.

In 2021, Viewpoint producers reached out to the CEO of Opawica Explorations Inc, Blake Morgan, as part of their search for a featured company to headline a planned episode on Junior Mining and Exploration in Canada. After several months of discussions with senior producers and writers, the Company was chosen and offered the chance to participate. Given the educational aim of the series, one of the primary goals of the episode will be to bring attention to Opawica and their impact on mineral exploration. Opawica's use of AI technology, it's CEO and elite projects fit this mandate, and were significant contributing factors in Viewpoint's selection.

Opawica's management and Viewpoint production team began filming on May 24 th , 2022 and created content to be released to over 60 million homes in approximately July of 2022. In addition to the final products designed for television release, the Company will also retain all the high-definition raw camera footage (5+ hours) for potential future use.

There will be two segments produced for television release:

This documentary segment aims to educate the audience about the featured topic of the episode – in Opawica's case – the business and technology of mining exploration in Canada. The segment is distributed via public television stations (including PBS) in all US states. Each public television station will have the right to air the segment for one year, and on average these segments appear 45-60 times per quarter, reaching approximately 60 million households.

Educational Commercial Spot for Major Networks

This 60-second educational commercial segment is designed for distribution via major networks in the U.S. It will air once nationally, and 400 times regionally in the top 100 most populous cities. Viewership is estimated at approximately 84 million households, and all airings will occur between 6 – 11p.m. prime time, in their respective time zones. Example networks which will carry the segment include CNBC, FOX Business, Bloomberg TV, Discovery Channel, History Channel, National Geographic and HLN.

Opawica was responsible for paying a participation fee, and crew travel fees, for an aggregate of US$27,900. Most costs were covered through public television funding sources for the series. Viewpoint estimates that costs for a comparable, unsubsidized project (including filming, editing, airings, distribution, Dennis Quaid, ownership, licencing rights, etc.) would typically total in excess of US$250,000.

Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec and in Central Newfoundland and Labrador. The Company's management has a great track record in discovering and developing successful exploration projects. The Company's objective is to increase shareholder value through the development of exploration properties using cost effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders.

President and Chief Executive Officer

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

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

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Eric Sprott, touted as a “Canada's biggest gold enthusiast," has injected somewhere between $200 and $300 million into the junior mining space in recent times. Sprott's investment strategy has recently shifted from investing in major mining companies towards investing in junior mining companies which he believes could provide him with big returns.

Sprott's investments may be of particular interest to investors considering the coattail investing strategy—this refers to mimicking the trades of well-known and historically successful investors to metaphorically 'ride the coattails' of respected investors in the hopes of realizing returns.

One company that Sprott has invested in recently is Opawica Explorations (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF), a Canadian junior mineral exploration and development company focused on Quebec and Newfoundland. The company is backed by a management team with decades of experience and success in the mining industry and lead investors GoldSpot Discoveries (TSXV:SPOT,OTCQX:SPOFF) and Eric Sprott.

Opawica Explorations has strategically located projects near high-yielding mines in the gold-rich and mining-friendly Rouyn-Noranda camp in the Abitibi gold belt in Quebec and the Rogerson structural gold corridor in Newfoundland. The Abitibi gold belt is the world's largest mineral-rich greenstone geological belt and hosts more than 170 million ounces of produced gold while the Rogerson structural gold corridor is well-endowed in gold deposits and showings.

The company has three early-stage projects including Arrowhead, Bazooka and McWatters which have shown promising drill and sample results for significant high-grade gold mineralization. Opawica Explorations may have the potential to replicate the success of several high-yielding nearby mines including Agnico Eagle's Mouska, Yamana Gold's Wasamac and Yourbeau Resources Astoria.

The company is fully funded, having recently raised C$5.3 million in June 2021 through non-brokered private placement despite only seeking to raise C$4 million. As a result of this successful funding round, the company is fully equipped to extend drilling programs without financial constraints.

Opawica Explorations recently signed a service agreement with GoldSpot Discoveries Corp. to assist in the exploration of its projects. The strategic partnership will maximize the chances of mineral discovery through the use of GoldSpot's proprietary technology and geoscience expertise. GoldSpot Discoveries has been granted a 0.5 percent NSR royalty on the Bazooka project and multiple royalty options on various projects.

Opawica Explorations is currently in the process of gaining permits in Quebec and prospecting the Newfoundland property. The company plans to begin drilling no later than October 2021 after sufficient geological assessments are completed on its properties.

The Bazooka project is located in the high-grade gold region of the Abitibi gold belt in Quebec on the Cadillac Larder Lake Break. The property spans 1200 hectares including seven kilometres of strike length. The project is contiguous to the south-western border of Yamana Gold's Wasamac gold property that has proven and probable mineral reserves of 1.8 million ounces of gold at 2.56 g/t. Additionally, the Bazooka property is directly west of the IAMGOLD Corporation option which has produced high grades in the past.

From 2003 to 2005, drilling on the Bazooka property yielded widespread gold mineralization from a few hundred ppb to as high as 316.23 g/t of gold over 1.0 m in a singular hole. In 2017, drilling and historical holes confirmed a wide gold zone extending from the west to east at 275 m deep.

The property is believed to host higher-grade gold and will be operated on in three phases. The first phase will consist of a review of drill cores to establish a more consistent lithological code. The second phase will consist of drilling to obtain additional results in the central part of the high-grade gold zone associated with the four mineralized gold zones outlined by previous workings. Lastly, the third phase will conduct a resource estimate, metallurgical testing and preparation of the resource estimate report.

The Arrowhead project is also located in the high-grade gold region of the Abitibi gold belt in Quebec. The property is fully surrounded by Agnico Eagle Mines Ltd. which recently conducted a significant drilling campaign to the west and north of Arrowhead.

The Arrowhead project has a history of exploration and drilling work which includes 34.29 g/t of gold sampled in 1929. Previous drill holes on the property intercepted 40 gold-copper mineralized zones, enhancing the potential for quartz-carbonate auriferous veins associated with E-V trending on the shear zone, gold-rich VMS deposits and gold-rich polymetallic veins. Fine visible gold was seen throughout the historical drilling and on the surface including 4000 ppb of gold at 0.37 m depth.

The property is believed to host new mineralized veins as a result of previous exploration work that was conducted but the economic potential has not yet been proven.

The MacWatters project is located in the Abitibi gold belt region of Quebec. The project is continuous to the Long Bars Zone Break, the Yourbeau Rouyn property and the Granada Gold property that contains a gold resource of 2.3 million ounces. The project is associated with quartz veins in deformation zones.

The property has a limited exploration history including an MMI survey, walking IP and soil sampling. Several gold showings have been identified both within and in the surrounding area including visible gold reported. Historical drill results done by Opawica Explorations include 7.79 g/t of gold over 3 metres.

The property is believed to host significant gold opportunities for the company.

Blake Morgan has 15 years of experience in the mining industry including 10 years dedicated to the mining and natural resource sector in Australia working with Rio Tinto, BMA Metals (a subsidiary of BHP) and Santos Ltd. Gaining first-hand knowledge, culture and an understanding of mining operations, Morgan then made the move from Australia to Canada and has been instrumental in consolidating significant exploration land packages and financing their development for private resource exploration companies in British Columbia.

Sandra Wong is a Chartered Professional Accountant with over 10 years of working experience with several TSX Venture Exchange- and Canadian Securities Exchange-listed companies in the area of financial reporting and company management.

Chris Reynolds has been investing in the natural resource sector for over 10 years. Delivering solutions for corporate structure, strategy and communications for small-cap juniors, Reynolds was an instrumental part in the incubation of Lithium Consolidated Mineral Exploration which went public on the ASX in 2017. He started his career at Longview Capital Partners in corporate development, then worked as an investment advisor at Mackie Research. He is currently the Founder of Progenitor Metals Corp.

Owen King has 20 years of experience in the financial markets and management consulting fields. King was employed at Mackie Research as an investment advisor focusing on venture capital financings. Since 2014, King has been working with public companies in business development and assisting with capital raises and IPOs. Before this, King was a management consultant working in the high-tech industry installing auditable quality management systems in small businesses.

Philippe Harvard has been involved in the mineral exploration industry since 2008 and is one of the principals of Investissements Gema Inc., a private company engaged in the purchase and sale of mineral properties in the Province of Quebec. Harvard is also the president of TelKel, an independent telecommunications company in the province of Quebec. Harvard is also the President of Cubicule Studio, a software engineering company.

Vancouver, B.C. TheNewswire - June 29 th 2022 - Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the "Company" or "Opawica") is pleased to announce it has completed its maiden drill program on the Arrowhead Property in the Rouyn Noranda camp of the Abitibi in Quebec.

To date, the Company has drilled 13 holes on the Arrowhead Property, comprising 4,305.7 metres. The Company has sent 1,577 rock samples, representing 1,844.75 linear metres, for assay to ALS in Quebec.

The drill program targeted the Cadillac shear zone and intersected prospective geology with a variable amount of quartz veining, brecciation, silicification and quartz stockwork, with associated sulphides.

Visible gold was encountered in a quartz vein shear zone in hole AR-22-13 at a depth of approximately 375.945 metres.

Time-domain downhole EM survey were performed on four holes including AR22-04.

The Company has intersected a section of 16.9 meters (AR-22-04) of silicified mafic tuff interbedded with felsic lapilli tuffs, quart-feldspar veins, and quartz veins.

Company President and chief executive officer Blake Morgan commented, " The Opawica team is thrilled with our maiden drill program on the Arrowhead Project. With visible gold and numerous intersections of up to nearly 17 metres. The team eagerly await assays results and will begin preparations for our phase 2 drill program. Phase two will take place later this year once all data has been received."

The Company has engaged services TMC Geophysics (TMC) of Val-d'or to undertake a downhole 3D Borehole Pulse EM Time Domain survey on four drill holes AR-22-04, AR-22-5, AR22-09 and AR-22-10 (see below). The surveys were done to help identify mineralization that does not have a surface expression.

A 3D Borehole Pulse EM system is used in which an axial component (Z) probe and a cross component (XY) probe measure the three components of the induced secondary field. The first pass with the ‘Z' probe detects any in-hole or off-hole anomalies and gives information on size, conductivity, and distances to the edge of conductors. The second pass with the ‘XY' probe measures two orthogonal components of the EM field in a plane oriented at right angles with the borehole. These results give directional information about the center of the conductive body.

The Arrowhead Project is mainly covered by the metavolcanites of the Blake River Group. Strata are oriented east-west and present a subvertical dip. Volcanic and sedimentary rocks form a series of east-west-trending, steeply dipping monoclinal panels. The sequences are separated by longitudinal contacts parallel to the lithologies. In the southern part of Joannes township, the Cadillac Fault runs along an east-west axis over a lateral distance of about 150 kilometres. In the province of Quebec, more than 40 gold deposits that have produced over 60 million ounces of gold in the past hundred years and are associated with this major structure and its subsidiary faults.*

Figure 1. 3D Borehole Pulse EM system

Click Image To View Full Size

Derrick Strickland, P. Geo (OGQ No. 35402), independent consultant to the company has reviewed and approved the technical content of this news release. * The Qualified Person has been unable to verify the information on the adjacent properties. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company's properties.

President and Chief Executive Officer

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Vancouver, B.C. TheNewswire - June 22 nd 2022 - Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the "Company" or "Opawica") is pleased to provide an update on its first phase of drilling at the Company's Arrowhead Property in the Rouyn Noranda camp of the Abitibi in Quebec.

Twelve holes have been completed on the Arrowhead, comprising 3,603 metres. Core logging and sampling are ongoing.

The drill program was designed to target the well-known Cadillac shear zone and the campaign has intersected prospective geology with varying amounts of visible gold, quartz veining, brecciation and silicification, and quartz stockwork with associated sulphides.

The Company has intersected a section of 16.9 meters (AR-22-04) of silicified mafic tuff interbedded with felsic lapilli tuffs, quart-feldspar veins, and quartz veins.

Company President and chief executive officer Blake Morgan commented, "The drilling has progressed very well, and I really like what I am seeing, especially from hole AR-22-04. It looks like we are on the right track, in the right part of the world. We know this area holds elephant sized deposits at depth, as the La Rhonde mine held by Agnico Eagle is located next door to the Arrowhead Property and goes to depths over 3,000m. The Opawica team is thrilled to be hitting visually exciting mineralisation at shallow depths."

In drill hole AR-22-04, at 129.9m to 146.8m a section of well silicified mafic tuff interbedded with felsic lapilli tuffs, quart-feldspar veins, and quartz veins, with bedding measured at 60⁰-50⁰ to core angle, pyrite varied from 1% to 10%, and trace amounts of pyrrhotite were intersected. Drill hole AR-22-04 was drilled at dip of 55⁰ at 187Az to a depth of 270 m. The true thickness of this section is not known. ( See figure below for picture of the drill core from AR-22-04. )

Click Image To View Full Size

Figure 1 Drill Hole AR-22-04 129.9m to 146.8m

Initial prospecting on the Arrowhead started in 1920 on the major shear zone located in the northern part of Opawica's property. In 1926, the exploration works consisted of prospecting, pitting, trenching and diamond drilling, mainly to test two shear zones containing quartz-carbonate veins with free gold. Gold values of up to 45.05 g/t were obtained over appreciable widths. Two main veins, designed as A and B, were explored. This work led to underground exploration that started in 1936. A three-compartment shaft was sunk to a depth of 154 metres. Levels were established at depths of 60.96 m (200 feet), 106.68 m (350 feet) and 152.40 m (500 feet). Drifting and crosscutting were carried out on all three levels on the A and B veins.

Assays are still pending on the Bazooka property which is an ongoing frustration. The Company is working with the labs to exercise a timelier process.

Derrick Strickland, P. Geo (OGQ No. 35402), has reviewed and approved the technical content of this news release. * The Qualified Person has been unable to verify the information on the adjacent properties. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company's properties.

President and Chief Executive Officer

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Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the "Company" or "Opawica") is pleased to provide an update on the Arrowhead Property in Rouyn Noranda camp of the Abitibi in Quebec.

Company president and chief executive officer, Blake Morgan, commented, "Drilling is progressing extremely well on our Arrowhead Property. With several visually exciting holes drilled, the team is looking forward to receiving the assay results. This new Yvan Zone has been a high priority to the Opawica geologists, and we are thrilled to not only have drilled a small portion of it, but to have hit visible gold, adding to our new potential extension theory."

In 2016, the Company collected a total of 36 rock outcrop samples over the entire property to cover the outcropping felsic volcanics. These samples were analysed for multi elements, whole rock oxides and rare earth elements to determine the geochemical alteration and element content. The objective of the rock outcrop geochemistry survey was to delineate favourable zones for gold-rich volcanogenic massive sulphide deposits.

Several type geological geochemistry indexes of the chemistry were generated, these included, PER-GH index, Ishikawa index, Sericite index, Chlorite index Spitz-Darling index, Alkali index, and CCPI (Chlorite Carbonate Pyrite Index). A summary of these indexes is present in Figure 1. Figure 1 visually illustrates four areas of interest. There are three areas on the western part of the property, where the much of the historical drill and current drill program is currently being undertaken, and one the area on the eastern side representing a new exploration target.

As a direct result of the 2016 rock analyses, the Company permitted and drilled two holes into the alteration index anomalies on the east side of the property. Holes AR-22-11 and AR-22-12 both have dip of 50⁰ at 175⁰ Az and depth of 447m and 468m respectively.

A preliminary review of the hole AR22-12 at 375m indicates the presence of a quartz vein structure ~ 3x2cm thick with a bleb of chalcopyrite and trace visible gold (Figure 2 below - the Yvan Zone). The gold occurs in Rhyolite- Felsic volcanic rock which is massive in appearance with weak/discrete foliation 70⁰ core access. The mineralization recognized in the core may represent an unknown extension for the known mineralization on the western part of the Arrowhead property.

Figure 1 - Rock Geochemistry Map To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/1541/126863_f72ba8d364eafb39_001full.jpg

Figure 2 - New Zone Core Sample To view an enhanced version of Figure 2, please visit: https://orders.newsfilecorp.com/files/1541/126863_f72ba8d364eafb39_002full.jpg

The Arrowhead project is mainly covered by the metavolcanites of the Blake River Group. Strata are oriented east-west and present a subvertical dip. Volcanic and sedimentary rocks form a series of east-west-trending, steeply dipping monoclinal panels. The sequences are separated by longitudinal contacts parallel to the lithologies. In the southern part of Joannes township, the Cadillac Fault runs along an east-west axis over a lateral distance of about 150 kilometres. In the province of Quebec, more than 40 gold deposits that have produced over 60 million ounces of gold in the past hundred years and are associated with this major structure and its subsidiary faults. *

Blake Morgan President and Chief Executive Officer Opawica Explorations Inc. Telephone: 604-681-3170 Fax: 604-681-3552

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126863

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Vancouver, British Columbia TheNewswire - June 1, 2022, (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the "Company" or "Opawica") is pleased to report the passing of all resolutions at the Annual General Meeting (" AGM ") held on Tuesday, May 31, 2022, in Vancouver, B.C.

Shareholders voted in person and by proxy, representing an aggregate of 13,748,290 shares, being 32.91 per cent of the 41,781,104 issued and outstanding shares as at the record date of April 29, 2022.

All four nominees listed in the management proxy circular, Blake Morgan, Christopher Reynolds, Owen King and Phillipe Harvard Ing. Jr. were re-elected as directors of Opawica for the ensuing year. Shareholders also approved Opawica's 10 per cent rolling stock option plan and re-appointed Crowe MacKay LLP chartered accountants for the 2022 year-end.

Blake Morgan, CEO of Opawica stated, "On behalf of the Board of Directors, I would like to thank all our shareholders for taking their time to vote and show their continued support. Now that the AGM is finished, we can turn our attention to the continuing exploration program at the Arrowhead property, Québec. The Company is still awaiting the assay results of the Bazooka drill program and will report the results as soon as they are available."

President and Chief Executive Officer

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Vancouver, B.C. TheNewswire - May 5 th 2022 - Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the "Company" or "Opawica") announces that further to the news release of April 21, 2022, the Company has commenced drilling on the Arrowhead Property.

Planned 5,000 meters of drilling on 20 targets over 15 configurations;

Hosts a historical channel sample of 90.45 grams per tonne (g/t) gold (Au) over one meter;

Reports of native gold to occur in relatively small shoots;

Located in the Rouyn-Noranda region of the gold producing Abitibi gold belt;

Volcanogenic massive sulphide (VMS) gold-rich polymetallic/quartz-carbonate auriferous veins potential; and

The project is surrounded by Agnico Eagle Mines Ltd. (TSX: AEM).

Blake Morgan, Chief Executive Officer of Opawica states, "The Opawica team is thrilled to begin our maiden drill program on the Arrowhead Project. The Company is well funded and able to quickly move to a "phase two" drill campaign as the results merit. The assays from the recently completed Bazooka Property drill program are still pending due to lab staffing delays. The lab has promised to provide the assays to Opawica in the near term, and we look forward to disseminating the results out to our shareholders as soon as possible."

Historical drill holes on Arrowhead completed by SOQUEM, Groupe Minier O and Agnico-Eagle intercepted 40 mineralized zones, and were mostly mineralized with gold, although some zones reported copper and zinc. These previously mineralized intercepts enhance the property's potential for the following types of mineralization:

VMS deposits, similar to the Louvicourt mine;

Gold-rich polymetallic veins, like at the Doyon and Mouska gold mines;

Quartz-carbonate auriferous veins associated with regional east-west-trending faults and shear zones, like at the O'Brien, Kewagama, Central-Cadillac, Wood-Cadillac and Lapa mines.

The Arrowhead Project is mainly covered by the metavolcanites of the Blake River Group. Strata are oriented E-W and present a sub-vertical dip. Volcanic and sedimentary rocks form a series of E-W trending, steeply dipping monoclinal panels. The sequences are separated by longitudinal contacts parallel to the lithologies. In the southern part of Joannes Township, the Cadillac Fault runs along an E-W axis over a lateral distance of about 150 km. In the Province of Quebec, more than 40 gold deposits that have produced over 60 million ounces of gold in the past hundred years and are associated with this major structure and its subsidiary faults*.

First prospecting on the Arrowhead started in 1920 on the major shear zone located in the northern part of the property. In 1926, the exploration works consisted of prospecting, pitting, trenching and diamond drilling, mainly to test two shear zones containing quartz-carbonate veins with free gold. Gold values of up to 45.05 g/t were obtained over appreciable widths. Two main veins, designed as "A" and "B", were explored. This work led to underground exploration that started in 1936. A three-compartments shaft was sunk to a depth of 154m. Levels were established at depths of 60.96m (200 ft), 106.68m (350 ft) and 152.40m (500 ft). Drifting and crosscutting were carried out on all three levels on the "A" and "B" veins.

The 609.60-metre diamond drilling program carried out in 1929 returned several gold intersections, the highest grading 13.44 g/t Au over three metres. On surface, the A vein was traced over 152.40 metres and gold values of up to 90.45 g/t Au (channel sampling) were obtained over one metre.

Click Image To View Full Size

Derrick Strickland, PGeo, (OGQ No. 35402) is the qualified person for Opawica Explorations and approves the technical content of this news release. *The qualified person has not verified the information on the Abitibi greenstone belt. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the company's properties.

President and Chief Executive Officer

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Emerita Resources Corp. (TSX V: EMO; OTC: EMOTF) (the "Company" or "Emerita") has retained Integral Wealth Securities Limited ("Integral") to provide market-making services in accordance with TSX Venture Exchange policies. Integral will trade shares of the Company on the TSX Venture to maintain an orderly market, improve the liquidity of the Company's shares and provide the Company with market intelligence.

Under the terms of the agreement, Integral will receive a $6,000/month cash fee for a minimum period of three (3) months. After the three (3) months, the agreement may be terminated by the Company at any time upon 30 days' written notice. The Company and Integral are unrelated entities. Integral has no present, direct or indirect interest in the Company or its securities. There are no performance factors in the agreement, and Integral will not receive shares or options as compensation. Integral is a member of the Investment Industry Regulatory Organization of Canada ("IIROC"). Accordingly, Integral can access all Canadian Stock Exchanges and Alternative Trading Systems.

Integral Wealth Securities is a full-service securities dealer engaged in wealth management, market making, and investment banking with offices in Toronto, Ottawa, Calgary, Vancouver, Kitchener-Waterloo, Burlington, Sidney and Nanaimo.

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.

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, Integral's performance, the trading of the Company's shares 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.

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

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

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

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

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

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

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

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

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

To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3657/129575_a7d97836147319fc_005full.jpg

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

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

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

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

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

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

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

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

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

For further information, please contact:

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

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

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

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

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

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

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

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Pacific Empire Minerals Corp. (TSXV: PEMC) (OTCQB: PEMSF) ("Pacific Empire", "PEMC" or the "Company"), a British Columbia copper explorer, is pleased to announce that diamond drilling has now commenced at its flagship Jean Marie copper project, located in north-central British Columbia.

During 2021, PEMC completed a comprehensive exploration program at Jean Marie that was designed to incorporate all existing historical data on the property with data collected during the 2020 and 2021 exploration programs. As a result, PEMC has delineated 2 high priority drill targets for diamond drilling during the 2022 exploration season.

Brad Peters, President and CEO of Pacific Empire, commented, "We are excited to test our highest priority targets at Jean Marie with diamond drilling. The Jean Marie project has drill-proven potential to host a significant copper discovery. Our initial objective is to test below shallow historic drilling at Target 1 where new geophysics suggests this zone extends at depth, dipping to the east. Our interpretation is that there is a copper porphyry centre at depth and that intervals encountered in shallow drilling bodes well for high grades at depth. One of the most intriguing targets is Target 2 which is the location of the most significant geochemical anomaly on the property. Our work during 2021 suggests this anomaly is till transported therefore, rather than focusing on the centre, our priority target is the northern margin of the geochemical anomaly. It will be exciting to drill-test this sizeable anomaly and we look forward to cost-effectively advancing Jean Marie and appreciate the project's location, ease of access and nearby infrastructure."

Target 1 is located in the area of the historical A and B Zones. Although previous drilling at both of these zones encountered widespread copper mineralization, drilling was shallow and the area between was only tested with three shallow holes. Of particular importance in this area is the presence of a mineralized hydrothermal breccia that was encountered in drill hole J97-11 and occurred within an interval that graded 1.19% copper, and 5.74 g/t silver over 27 metres. Drilled to a depth of only 276 metres, J97-11 is one of the deepest holes on the property and the presence of a mineralized brecciated intrusion suggests that there is the potential for a mineralized hydrothermal system at depth in this area.

Cross Section Target 1 To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/5412/129489_c0ba87b014ff491d_001full.jpg

Plan View of Target Areas 1 & 2 To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/5412/129489_figure2.jpg

The area of Target 2 is immediately to the northwest of the most significant copper/molybdenum soil anomaly on the property. This geochemical anomaly is characterized by a large number of samples greater than 1000 ppm copper and 100 ppm molybdenum in till over 3 km length. The center of this soil geochemical anomaly was drilled in the 1970's, only one hole returned significant copper mineralization (JPH74-15) averaging 0.2% copper over the entire length of the hole. This hole is the closest hole drilled to PEMC's interpreted bedrock source of copper mineralization. The LiDAR survey and surficial mapping completed by PEMC during 2021 clearly demonstrate that the till was transported with the ice flowing from west to east, pointing to a bedrock source of mineralization at the head of the geochemical anomaly. This area has never been drill tested.

Plan View of Target 2 To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/5412/129489_c0ba87b014ff491d_007full.jpg

The Jean Marie property is a copper-molybdenum-silver-gold porphyry prospect located 50 km south of Northwest Copper's Kwanika Copper-Gold deposit and 50 km west of Centerra Gold's Mt. Milligan Copper-Gold Mine in central BC. The property covers over 12,000 hectares and has multiple mineralized zones which are open for expansion with drilling. Drill results demonstrate kilometer-scale base and precious metal mineralization over a large, under-explored property with multiple untested diamond-drill targets.

Drilling in the 1990's returned near surface intercepts of up to 244m of 0.28% copper, 0.007% molybdenum and 1.1 g/t silver, in a broad area located close to the pluton, volcanic contact. Two of the holes intercepted a distinct quartz breccia which returned up to 27 metres of 1.19% copper, and 5.74 g/t silver.

Drilling was limited to a maximum depth of 288 metres below surface and mineralization remains unbounded at depth and along strike to the NW and SE. Of the 96 holes drilled on the property since the 1970's 76 are less than 130 metres in depth with numerous short holes that were mineralized over the entire length.

Jean Marie Project Location To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/5412/129489_figure4.jpg

Atlas Drilling Ltd is a large and well-respected drill contractor located in Kamloops, BC, Canada. Atlas Drilling Ltd. has been servicing drill projects in British Columbia for over twenty five years. It is full service drill company with a large amount of support equipment including bulldozers, skidders, excavators, water trucks and truck-trailer for transporting equipment. Atlas Drilling has a helicopter to transport their crew in and out of job sites that are not accessible by trucks.

Thomas Hawkins, P.Geo., Vice President of Exploration for the Company, serves as a qualified person as defined by NI 43-101 and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

Pacific Empire is a copper exploration company based in Vancouver, British Columbia and trades on the TSX Venture Exchange under the symbol PEMC. The Company's strong portfolio of gold-enriched copper projects in British Columbia, is the culmination of perseverance through one of the longest bear markets in the resource industry.

British Columbia is a "Green" copper jurisdiction with abundant hydroelectric power, access and infrastructure in close proximity to the end market.

ON BEHALF OF THE BOARD,

"Brad Peters" President and Chief Executive Officer

Pacific Empire Minerals Corp. Tel: +1-604-356-6246 brad@pemcorp.ca

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

Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129489

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VVC Exploration Corporation ("VVC" or the "Company") received the gas analysis from the Durler 2-21 well ("the Durler") (see news release of May 25, 2022 ) located in the Company's Syracuse Helium Project. Multiple gas samples from the well were sent to the lab for analysis, which confirmed the presence of 1.14% helium in a gas-stream that can be easily refined into high-grade sales quality helium. The Durler was already connected to VVC's helium & natural gas gathering system pipeline and to the Tumbleweed Pipeline and Processing Plant.

"As Chairman of the Board, I have seen the immense progress of the VVC team over the past year and am excited about continuing to develop the Company's helium assets," said Dr. Terrence Martell, Chairman of the VVC Board. "This gas analysis shows a helium percentage in the upper range for the area, reinforcing our confidence in the project."

The Company's 2022 Annual General Meeting of shareholders (the "AGM") will be held virtually on Wednesday, August 31, 2022, at 10:00 am (ET), with a Record Date of July 19. Following the mailing of the Proxy Material to shareholders around July 26, shareholders will be able to download the Proxy Material, including the Information Circular Booklet, from www.sedar.com and/or from the Company's website.

Even though many of the Covid-19 restrictions have been lifted, this year's AGM will be a virtual-only meeting, there will be no In-Person voting at the AGM, and all voting must be by Proxy. The deadline for Proxy Voting will be 5:00 pm (ET) on Monday, August 29, 2022, but shareholders are encouraged to vote early. Registration will be required to attend the virtual AGM, either as a shareholder or a guest. Follow the instructions on the website or in the Information Circular. Following the formal business session, management will present an update on the activities and projects, and will be available to answer questions from shareholders, subject of course to respecting Securities Laws regarding "Selective Disclosure".

VVC has received a US$1.25M short-term loan facility from its Chairman of the Board. The loan is due on November 30, 2022 and bears interest at an annual rate based on the Secured Overnight Financing Rate (SOFR) plus 2.75%. The loan is secured by a 0.5% interest in the Company's interest in Proton Green LLC.

This financing will allow the Company to accelerate and expand its current helium production while it develops additional areas in its Syracuse Project.

About VVC Exploration Corporation VVC is a publicly traded Canadian-based mining exploration and development company listed on the TSX Venture Exchange (TSX-V:VVC). With the addition of Plateau Helium Corporation ("PHC"), VVC is a Helium and natural gas producing company. VVC's portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico and the Helium Projects owned by its wholly owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of Gloria Copper Project as soon as Covid-19 restrictions are lifted in the region. To learn more, visit our website at: http://vvcexpl.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.

2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 – Tel: 416-619-5304

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World Copper Ltd. (TSXV: WCU) (OTCQX: WCUFF) (FSE: 7LY0) ("World Copper" or the "Company") announces a non-brokered private placement (the "Placement") of up to 8,333,333 units (the "Units") at a price of $0.30 per Unit (the "Offering") for gross proceeds of up to $2,500,000. Each Unit will consist of one common share of the Company (a "Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to acquire one additional share of the Company for a period of two years from the date of issuance at a price of $0.60 per share. Expiry of the Warrants may be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange ("TSXV") is equal to or greater than $1.00 for a minimum of twenty consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrants.

Insiders may participate and finders' fees may be payable to qualified arm's length parties that have introduced the Company to certain subscribers participating in the Offering. All securities issued in the Offering are subject to a four-month hold period, during which time the securities may not be traded. Closing of the Offering is subject to the approval of the TSXV.

The net proceeds from the Offering are intended for exploration and development and, general working capital.

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

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

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

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

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

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

About the Escalones February 2022 PEA Study

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

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

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

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

On Behalf of the Board of Directors of

"Nolan Peterson" Nolan Peterson Chief Executive Officer and President

For further information, or to schedule a Zoom meeting with Management, please contact: Nolan Peterson or Michael Pound Phone: 604-638-3287 E-mail: info@worldcopperltd.com

For all Investor Relations inquiries, please contact: John Liviakis Liviakis Financial Communications Inc. Phone: 415-389-4670

For all Public Relations inquiries, please contact: Nancy Thompson Vorticom, Inc. Office: 212-532-2208 | Mobile: 917-371-4053

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

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

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, statements with respect to the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained copper and precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Company's projects in a timely manner, the availability of financing on suitable terms for the development, construction and continued operation of the Company's projects and the Company's ability to comply with environmental, health and safety laws.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of lithium and copper, risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19 on the Company's business, financial condition and results of operations, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in the future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including acceptance by the TSXV, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest interim Managements' Discussion and Analysis and filed with the Canadian Securities Authorities. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

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

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

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL; FSE:XZ7) announces additional results of 2021 surface field work on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

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

Peter Hawley, President, CEO reports; "We have started reporting on the Bronson property with the various surveys conducted on the Book 6 copper occurrence and now the bigger picture, the geology and structural interpretation of the entire Bronson property." See Figure 3 below.

Figure 3 - Bronson Property Location

Three main stratigraphic units underlie the Bronson property including the Paleoproterozoic Aida and Gataga Formations and the Ordivician Kechika Group. Diabase units intrude both the Aida and Gataga Formations but were not observed in the Kechika Group.

The Aida Formation consists of interbedded dolostone, limestone, shale, and sandstone. The Gataga Formation consists of dark grey too live grey pyritic, non-calcareous shales with subordinate sandstone and siltstone.

The Kechika Group occurs which occurs as a small window in the northeastern corner of the claim block, consists of massive limestone and calcareous quartz sandstone.

The stratigraphy is broadly NNW trending and moderately to gently dipping SW throughout the property. No macroscale folding is observed from satellite imagery or in historical geological map interpretations. Younger thrust faulting of the Aida formation over the Gataga Formation occurs in the SE portion of the property. Additionally, the Gataga thrust is interpreted to occur between the Aida Formation and the Kechika Group in the northeastern corner of the Bronson property.

Three main orientations of lineaments and later brittle faults are also observed across the property including first-order N-NNW lineaments and second-order ubiquitous NE and less well-developed NW lineaments.

These are suggested to represent kinematically-related fault sets that are associated with Cu-Co mineralization present across the Bronson Property. See Figure 4 below.

Figure 4 - Bronson Property Integrated Geological Interpretation

The Bronson property is unique in the area due to the high proportion of diabase emplacement. Importantly, diabase dyke intensity appears to coincide with magnetic anomaly highs in property-scale aeromagnetic survey data. See Figure 5 below;

Figure 5 - Bronson Property Total Field magnetic Data, Distribution of Diabase Dykes Superimposed

Two main types of diabase , See Figure 6 below, appear to be present within the Bronson property including:

An older, more widespread, predominantly N-NNW suite characterized by generally narrower, and more continuous (with respect to strike-length) diabase units. Suite 1 diabase units show significant deformation and offsetting caused by overprinting NE- ENE trending faults. See Figure 6a below

An overprinting, NE - ENE trending suite that is spatially restricted to the central portion of the Bronson property and characterized by large, strongly deformed bodies of diabase, See Figure 6b below. This suite of diabase is restricted to a well-developed, ductile/brittle NE-ENE trending deformation corridor, approximately 3.5 km in length and up to 700 m in width. This generation of diabase does not occur outside this deformation zone.

Figure 6 - Bronson Property Diabase Dyke Suites

Figure 6a - Diabase Dikes, Suite a; Figure 6b - Diabase Dikes, Suite b

Two suites of diabase were also observed during regional evaluations of diabase density and geometry. Importantly, the orientation of the ENE-trending suite 2 diabase units in the central portion of the Bronson claim blocks is parallel to the economically mineralized veins hosting the Magnum deposit. See Photo 1 below.

Photo 1 - Bronson Property, Boudinage Diabase Dikes with NE-EWE cross-cutting Faults

Copper mineralization occurs as quartz-carbonate + chalcopyrite veins in close proximity to both suite 1 and 2 diabase units. Vein orientations are also characterized by both NNW and NE trending geometries suggesting a structural connection to diabase emplacement kinematics See Figure 7 below.

Figure 7 - Bronson Property Kinematics

Integration of geophysical and geological data indicates that a larger scale trans-tensional fault system may control the disposition of both diabase and mineralization. North-trending (first- order) bounding structures are located on the east and west sides of the propertyand likely formed early in the trans-tensional structural setting.

Diabase suite 1 were emplaced during this stage of deformation. As extension progressed, second-order and internal northeast trending brittle/ductile and brittle structures formed and facilitated the emplacement of larger bodies of diabase suite 2.

Using the results of the data gathered by the geological and structural survey's the kinetics of movement related to emplacement of diabase dikes and related mineralization will be closely examined not only on the Bronson Property but on the Neil Property where the same overprint is seen.

The NE-ENE trending zones of trans tensional deformation may represent fertile zones of Cu-Co mineralization and should be mapped and sampled in detail to better understand the three-dimensional geometry.

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: info@fabledcopper.org

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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