Maple Gold Advances Greenfield Targeting with Regional Mapping and Progresses 3D Modeling in the Resource Area

Maple Gold Mines Ltd. (“Maple Gold” or the “Company”) (TSX-V: MGM, OTCQB: MGMLF; Frankfurt: M3G –http://www.commodity-tv.net/c/search_adv/?v=298248) is pleased to provide a general corporate update as the Company enters the final quarter of 2018.

Maple Gold is currently completing a first pass regional mapping and sampling program in the outcrop-rich central third of the property to generate additional greenfield targets, while also working to integrate all of the new drill data from the 2018 campaign into updated sections, plans and 3D models.

The Company completed 22,593 total metres of drilling during the 2018 campaign (see program summary press release dated September 4, 2018), with approximately 16,300 metres focused within the resource area. This is the first drill campaign completed since assembling the new technical committee and exploration team approximately one year ago.

One focus for Maple Gold’s technical team has been establishing cohesive 3D geological and structural models that together will form the foundation for subsequent resource estimations and future drill targeting within the 6km by ~2km known resource area. The new modeling work is underway at site after a year of pouring through project data and logging select historical core and all of the new drill holes from the 2018 campaign. Maple Gold has created and is refining a new set of interpreted geological/analytical cross sections, and possibly for the first time, also the corresponding long sections, level plans and a digital 3D model for the Douay deposit. An updated resource estimate integrating the new models and drill data from 2018 is expected to be initiated in the coming months (Q4).

Maple Gold’s VP, Exploration, Fred Speidel, commented: “We believe that our detailed and methodical approach to modeling the geology, structure and mineralization at Douay is a critical step and one that will help pave the way for future exploration, resource optimization and development.”

Maple Gold’s President and CEO, Matthew Hornor, stated: At the corporate level we have been strategically allocating our spending to focus resources on key milestones, while also reducing overheads by approximately 50% as of July 1. We felt it was prudent to conserve capital to ensure the Company maintains a comfortable financial position should weaker market conditions persist well into 2019. We are working towards an updated resource estimate and exploring potential partnerships with major gold miners as the industry enters another M&A cycle.”

The Company’s approach at the project level has included bringing the majority of exploration functions in-house to ensure continuity in the Company’s knowledge base, with the aim to fully apply best practice geoscience in all of the Company’s exploration activities. The Company is committed to following the discovery model, with 20-30% of exploration and drilling budgets allocated toward new regional greenfield target areas. The current mapping and sampling program and planned induced polarization (IP) lines over greenfield target areas during the upcoming winter season are examples of the Company’s property-wide exploration approach.

About Maple Gold

Maple Gold is an advanced gold exploration and development company focused on defining a district-scale gold project in one of the world’s premier mining jurisdictions. The Company’s 377 km² Douay Gold Project is located along the Casa Berardi Deformation Zone (55 km of strike) within the prolific Abitibi Greenstone Belt in northern Quebec, Canada. The Project benefits from excellent infrastructure and has an established gold resource[1] that remains open in multiple directions. For more information please visit www.maplegoldmines.com.

[1] (Micon 2018) 479,000 ounces at 1.59 g/t Au (Indicated category) and 2,759,000 ounces at 1.02 g/t Au (Inferred category), using a 0.45 g/t Au cut-off grade. Please visit www.maplegoldmines.com or the Company’s SEDAR filings for a copy of the Micon 2018 report.

Forward Looking Statements:

This news release contains “forward-looking information" and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legislation in Canada, including statements about the prospective  mineral potential of the Porphyry Zone, the potential for significant mineralization from other drilling in the referenced drill program and the completion of the drill program. Forward-looking statements are based on assumptions, uncertainties and management’s best estimate of future events. Actual events or results could differ materially from the Company’s expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding timing and completion of the private placement. When used herein, words such as “anticipate”, “will”, “intend” and similar expressions are intended to identify forward-looking statements.

Forward-looking statements are based on certain estimates, expectations, analysis and opinions that management believed reasonable at the time they were made or in certain cases, on third party expert opinions. Such forward-looking statements involve known and unknown risks, and uncertainties and other factors that may cause our actual events, results, performance or achievements to be materially different from any future events, results, performance, or achievements expressed or implied by such forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Maple Gold Mines Ltd.’s filings with Canadian securities regulators available on www.sedar.com or the Company’s website at www.maplegoldmines.com. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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TerraX completes high resolution airborne magnetic and radiometric and LiDAR surveys over the Quyta-Bell property

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – http://www.commodity-tv.net/c/search_adv/?v=298245) is pleased to announce the completion of a helicopter-borne high resolution magnetic and radiometric survey over the Quyta-Bell property of the Yellowknife City Gold Project (YCGP). This 6409 line-kilometer survey was completed by Precision GeoSurveys Inc., of Langley, BC. A 434 square kilometer airborne LiDAR survey was also completed over the Quyta-Bell property by LiDAR Services International Inc. of Calgary, AB. Maps of the airborne geophysical and LiDAR coverage are available here.   

These surveys received funding support totaling $160,000 (CDN) through the government of the Northwest Territories (GNWT) Mining Incentive Program (MIP). The MIP is administered by the Industry, Tourism and Investment ministry (ITI) of the GNWT.

Dave Suda, President and CEO of TerraX, stated “These airborne surveys will be used by the TerraX technical team to better define potential gold mineralized zones on the Quyta-Bell property. The MIP funding provided by the GNWT was a key component to the completion of these leading-edge surveys. Their forward-looking approach supports innovative geoscience for use in mineral exploration throughout the NWT.”

The technical information contained in this news release has been approved by Joseph Campbell, Executive Chairman of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

About the Yellowknife City Gold Project

The Yellowknife City Gold Project ("YCGP") project encompasses 780 square kilometers of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCGP is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCGP lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district. 

For more information on the YCGP, please visit our web site at www.terraxminerals.com.

On behalf of the Board of Directors
"JOSEPH CAMPBELL"

Joe Campbell
Executive Chairman of the Board

For more information, please contact:
Samuel Vella
Manager of Corporate Communications
Phone: 604-689-1749
Toll-Free: 1-855-737-2684
svella@terraxminerals.com

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@reosurce-capital.ch
www.resource-capital.ch

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

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AURANIA enters into capital markets support agreement with NOBLE CAPITAL

Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FRANKFURT: 20Q) (“Aurania” or the “Company” – http://www.commodity-tv.net/c/search_adv/?v=298400) reports that it has entered into a capital markets support agreement (the “Agreement”) with Noble Capital Markets Inc. (“Noble”), a Florida corporation.

Noble is a FINRA- and SEC- registered broker dealer with knowledge and experience with respect to building corporate awareness to investors, capital markets transactions, long-range planning and capital markets structuring and other matters that may be significant to the future business and operations of the Company.

Noble will assist the Company by broadening the Company’s exposure within the U.S. and Latin American investment communities. The term of the Agreement is one year commencing on October 1, 2018.  In consideration for the exposure services provided by Noble, the Company has agreed to pay a total fee of US$111,000 the first year, paid quarterly.

Aurania and Noble are not related, and Noble does not have any direct or indirect material interest in the Company or its securities or right to acquire any. 

All matters reported herein are subject to TSX Venture Exchange approval and to compliance with all applicable regulatory requirements.

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.

About Aurania
Aurania is a junior exploration mining 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 located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at  https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

For further information, please contact:

Carolyn Muir
Manager – Investor Services
Aurania Resources Ltd.
(416) 367-3200
carolyn.muir@aurania.com

Dr. Richard Spencer
President
Aurania Resources Ltd.
(416) 367-3200
richard.spencer@aurania.com

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@reosurce-capital.ch
www.resource-capital.ch

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Auryn Trenches 30 meters of 1.93% Cu Equivalent at Sombrero

Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, “Auryn” or the “Company” – http://www.commodity-tv.net/c/search_adv/?v=298204 ) is pleased to announce results from additional trenching work at its Sombrero copper-gold skarn project in southern Peru. In particular, Trench 18 includes 30 meters of 1.93% CuEq, 24 meters of 0.73% CuEq and 54 meters of 0.34% CuEq (Table 1).

A Message from Ivan Bebek, Executive Chairman & Director:

“These are the highest-grade trenches we have seen to date from Sombrero, a project that continues to have impressive surface mineralization peripheral to a large-scale 3.5-kilometer-long target.

“We are very excited to put the first drill holes into Sombrero, which we are anticipating in Q1 of next year, pending permitting. As for the two projects we drilled this summer, Committee Bay and Homestake Ridge, we are looking forward to results in the coming weeks.”

These results conclude Auryn’s successful trenching program on the southern half of the project and identified a 1.3-kilometer-long zone of copper-gold mineralization hosted within endoskarn intrusive bodies. The encountered mineralization is peripheral to the target area, which is defined by the contact zone between the intrusives and the Ferrobamba limestone. This area is characterized by a 3.5-kilometer-long chargeability anomaly (Figure 2). Trench 18 is approximately 100 meters from Trench 08 (99 meters of 0.46% CuEq) and 1.2 kilometers from Trench 09 (105 meters of 0.3% CuEq) (see press release from June 19, 2018).

Importantly, the encountered mineralized intervals in Trench 18 are separated by an interval where the trench was unable to reach bedrock (Table 1). If we composite the intervals of copper-gold mineralization together with the area where no bedrock was encountered, using values of zero for both the copper and gold grades in the unsampled part of the trench, Trench 18 has a result of 109 meters at 0.7% CuEq (Figure 2).  

Michael Henrichsen, P.Geo, COO of Auryn, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.

About Auryn

Auryn Resources is a technically driven junior mining exploration company focused on delivering shareholder value through project acquisition and development. The Company’s management team is highly experienced with an impressive track record of success and has assembled an extensive technical team as well as a premier gold exploration portfolio. Auryn is focused on scalable high-grade gold deposits in established mining jurisdictions, which include the Committee Bay and Gibson MacQuoid gold projects located in Nunavut, the Homestake Ridge gold project in British Columbia and a portfolio of gold projects in southern Peru, through Corisur Peru SAC.

About Sombrero

This project consists of the North Sombrero and South Sombrero properties, comprising approximately 100,000 mineral claims owned or optioned by Auryn Resources. The copper-gold Sombrero mining concessions are located 340 kilometers SE of Lima in southern Peru and are hosted in the Andahuaylas-Yauri belt. This belt is interpreted to be on the north-western margins of this Eocene-Oligocene aged copper-gold porphyry and skarn belt that hosts the Las Bambas, Haquira, Los Chancas, Cotambambas, Constancia, Antapaccay and Tintaya deposits. The project is characterized by a strong structural control and significant copper and gold values from historical surface samples. The principle targets at Sombrero are copper-gold skarn and porphyry systems and precious metal epithermal deposits.

Trenches 2018 (Sombrero, Peru)

Analytical samples were taken from each 2-meter interval of trench floor resulting in approximately 2-3kg of rock chips material per sample. Collected samples were sent to ALS Lab in Lima, Peru for preparation and analysis. All samples are assayed using 30g nominal weight fire assay with atomic absorption finish (Au-AA25) and multi-element four acid digest ICP-AES/ICP-MS method (ME-MS61). Where MS61 results were greater or near 10,000 ppm Cu, Zn or Pb the assay was repeated with ore grade four acid digest method (OG62). QA/QC programs for 2018 trench grab samples using internal standard and blank samples; field and lab duplicates indicate good overall accuracy and precision.

Intervals were calculated using a minimum of a 0.1% Cu cut-off at beginning and end of the interval and allowing for no more than five consecutive meters of less than 0.1% Cu with a minimum length of the resulting composite of 5m.

Copper and gold equivalent grades (CuEq and AuEq) were calculated using gold price of $1300/oz and copper price of $3.28/lb. 

Forward Looking Information and Additional Cautionary Language

This release includes certain statements that may be deemed “forward-looking statements”. Forward-looking information is information that includes implied future performance and/or forecast information including information relating to or associated with the acquisition and title to mineral concessions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different (either positively or negatively) from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers should refer to the risks discussed in the Company’s Annual Information Form and MD&A for the year ended December 31, 2017 and subsequent continuous disclosure filings with the Canadian Securities Administrators available at www.sedar.com and the Company’s registration statement on Form 40-F filed with the United States Securities and Exchange Commission and available at www.sec.gov.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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TerraX purchases the Tom Mine and Sickle Properties

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – http://www.commodity-tv.net/…) is pleased to announce the purchase of a 100% interest in the Tom Mine (6 sq km)and Sickle (2 sq. km) properties from Altamira Gold Corp. These properties increase the area of the YCGP from 772 square kilometers to 780 square kilometers. A map of the property locations is available here.

As part of the agreement, TerraX will pay Altamira a total of $25,000 cash and 250,000 shares of TerraX. Altamira will retain a 2% NSR royalty. The agreement is subject to the approval of the TSX-V exchange and is expected to close by the end of September.

David Suda, the Chief Executive Officer and President of TerraX stated "While results from our summer exploration program continue to fill our pipeline of focused targets; our team continues to build the world class land package. We are pleased to have completed and amicable transaction with Altamira."

The Tom Mine was a gold producer in the Yellowknife gold district from 1985-1997. The Tom and C vein systems were accessed by ramp to 122 vertical metres over 300 metres of strike length. The Tom Mine production was milled at the Ptarmigan Mine (January 12, 2018 press release) so separate production records for the Tom Mine are not available. The Tom Mine gold ore has the same characteristics as the Ptarmigan Mine which is free milling with reported recovery of 94%. When the mine closed in 1997 the veins were still open at depths below the current mine workings. (Source: The Operational History of Mines in the Northwest Territoies, R. Silke, 2009; and Treminco Resources Limited, Annual report 1990). The southern portion of the property is contiguous with the Ptarmigan Gold Mine property. TerraX has no liability for any remediation of the previous mine site.

The Sickle property is underlain by the Walsh Lake sediments, which are host to TerraX’s Mispickle Zone (September 22, 2016, press release). Several historic gold showings occur on the property with gold values up to 4 g/t.

David Suda, the Chief Executive Officer and President of TerraX stated "While results from our summer exploration program continue to fill our pipeline of focused targets; our team continues to build the world class land package. We are pleased to have completed and amicable transaction with Altamira."

Joseph Campbell, the Executive Chairman of the Board of TerraX, stated "The purchase of the Tom Mine property gives TerraX access to another gold bearing vein system similar to the past producing Ptarmigan Mine, which TerraX owns. The property is also near paved road access to Yellowknife and high-tension powerlines that are connected to the past producing Ptarmigan Gold Mine. The purchase of the Sickle property gives TerraX an additional 5 kilometers of strike length in the gold bearing Walsh Lake sediments."

The technical information contained in this news release has been approved by Joseph Campbell, the Executive Chairman of the Board of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

About the Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 780 sq km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydroelectric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district.

For more information on the YCG project, please visit our web site at www.terraxminerals.com.

On behalf of the Board of Directors

"JOSEPH CAMPBELL"

Joe Campbell

Executive Chairman of the Board

For more information, please contact:

Samuel Vella

Manager of Corporate Communications

Phone: 604-689-1749

Toll-Free: 1-855-737-2684

svella@terraxminerals.com

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

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TerraX expands Giant/Con gold system in the Gull and Rater Lake areas, samples up to 171 g/t Au

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – http://www.commodity-tv.net/c/search_adv/?v=298245) is pleased to announce further assay results from the Company’s summer field program on the Yellowknife City Gold project.

High grade gold assays from grab sampling have extended the strike of the Gull and Rater Lake zones. As previously reported these new targets are in the same mafic volcanic geology that also hosted the Giant and Con mines, and are within TerraX’s Core Gold exploration area. The highlight assays are 171.0 g/t Au, 5.60 g/t Au, 5.29 g/t Au, and 4.49 g/t Au on the Rater Lake zones, and 72.0 g/t Au, 52.5 g/t Au, 29.0 g/t Au, and 12.95 g/t Au on the Gull Lake Zone.

David Suda, President and CEO stated: “The results of our summer field work continue to feed our pipeline of drill targets.” David Suda further stated: “It is highly encouraging to see surface results which extend potential strike to the Giant mine structure.”

These gold zones are interpreted as being the continuation of the Giant Mine gold system. The Rater Lake structure has been followed for 300 meters north, and then appears to be offset to the west on the Akaitcho Fault, possibly continuing as the Gull Lake structure for another 1200 meters north. A second sub-parallel zone appears on the south side of Rater Lake with high grade values up to 171 g/t Au.  (see map available here). The multiple gold bearing structures in this area enhance the expanding resource potential of the Northbelt Core Gold Area.

Assay values from grab sampling at Gull and Rater Lakes range from nil to a high of 171.0 g/t Au.  Sampling included insertion of certified standards and blanks into the stream of samples for chemical analysis. Samples were prepared at ALS Chemex’s laboratory in Yellowknife and shipped to their Vancouver facility for gold analysis by fire assay and other elements by ICP analysis. ALS is a certified and accredited laboratory service.  It should be noted that, due to their selective nature, assay results from grab samples may not be indicative of the overall grade and extent of mineralization on the subject area.

The technical information contained in this news release has been approved by Joseph Campbell, Executive Chairman of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About the Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 772 sq km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district. 

For more information on the YCG project, please visit our web site at www.terraxminerals.com.

On behalf of the Board of Directors

"DAVID SUDA"

David Suda
President and CEO

For more information, please contact:

Samuel Vella
Manager of Corporate Communications
Phone: 604-689-1749
Toll-Free: 1-855-737-2684
svella@terraxminerals.com

In Europe:
Swiss Resource Capital AG – Jochen Staiger
info@resource-capital.ch  – www.resource-capital.ch

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

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Aurania announces intention to extend warrants

Aurania Resources Ltd. (TSXV: ARU); (OTCQB: AUIAF); (Frankfurt: 20Q) (“Aurania” or the “Company” – http://www.commodity-tv.net/c/search_adv/?v=298509) announces it will be applying to the TSX Venture Exchange (the “Exchange”) for approval to extend the expiry date of 1,069,909 outstanding common share purchase warrants (the “Warrants”) that were issued in connection with a private placement conducted on April 20, 2017, as further described in the Company’s April 20 and May 29, 2017 news releases.

The Warrants are exercisable for common shares of the Company at an exercise price of $3.00 per share, and presently bear an expiry date of October 19, 2018. The Company is proposing to extend the expiry date of the Warrants by an additional 12 months to 5:00 p.m., Toronto, Ontario time on October 19, 2019, subject to an acceleration option.  The acceleration option allows the Company to accelerate the expiration date to a date which is 30 days following the date on acceleration notice in the event that the average trading price of the common shares exceeds $3.00 for a period of 20 consecutive trading days.

The proposed extension of the expiration date of the Warrants is subject to approval by the TSX Venture Exchange.

About Aurania

Aurania is a junior exploration mining 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 located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at  https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

Forward-Looking Statements

This news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurania. Forward-looking statements include estimates and statements that describe Aurania’s future plans, objectives or goals, including words to the effect that Aurania or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Aurania, Aurania provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, Aurania’s objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation’s portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in Aurania’s public documents filed on SEDAR. Although Aurania believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aurania disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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Auryn Identifies 3.5 Kilometer Drill Target at Sombrero and Initiates Permitting

Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, “Auryn” or the “Company” – http://www.commodity-tv.net/c/search_adv/?v=298204 ) is pleased to provide an update on its Sombrero copper-gold skarn project in southern Peru, where the Company has conducted extensive surface exploration programs over the past three months.

Auryn’s technical team has defined a significant copper-gold skarn target, beneath volcanic cover, along the contact zone between mineralized intrusives and the Ferrobamba limestone formation. The 3.5-kilometer-long drill target has been defined by copper-gold surface mineralization in trenches and well-developed copper-gold soil anomalies. Strong chargeability anomalies also indicate the potential for sulphide bodies along the contact zone between the Ferrobamba limestone and monzodiorite intrusives (Figure 1).  Based on these results, Auryn is now working to obtain a drill permit for Sombrero’s first drill program, which is expected to start in Q1 of 2019.

A Message from Ivan Bebek, Executive Chairman & Director:

“The opportunity for discovery at Sombrero is substantial. It is extremely well-situated with excellent access to infrastructure and all the results to date give us the confidence that major gold-copper skarn and/or porphyry bodies could be present.”

“The Sombrero concessions are approximately 200km northeast of some of the world’s largest skarn and porphyry deposits.  Our program in Q1 of 2019 will be the first drilling this project has ever seen, which will be a very exciting time for Auryn shareholders.”

Summary of Technical Results:

Additional trench results from the endo-skarn mineralization have yielded broad zones of copper and gold oxide mineralization in highly weathered intrusive rocks on the periphery of the contact with the Ferrobamba limestone exo-skarn target area (Figure 2) as presented below in Table 1.  Detailed mapping of the endo-skarn area where these trenches (and those reported on June 19th, 2018) are located demonstrate that the mineralization is hosted within a deeply weathered setting where extensive leaching of copper mineralization has occurred. 

Auryn’s technical team is anticipating higher copper grades within the primary sulphide mineralization, which could be located subsurface as observed in similar settings within copper skarn and porphyry bodies in Peru. 

To further define the geochemical vectors as part of the targeting effort an extensive portable X-Ray fluorescence (pXRF) soil survey (5950 samples) was completed.   The geochemistry of the soils has produced clear copper-rich zones in the area of the trenches over an approximate width of one kilometer (Figure 3). The copper values are strongest in the southern area of the intrusive bodies and are associated with elevated bismuth and tellurium encountered in ICP data from trenching and rock samples. 

The strengthening of the copper, bismuth and tellurium values in soils and rocks demonstrate a clear vector towards the contact zone with Ferrobamba limestone. Along the northern margin of the Ferrobamba limestone, strong marble development can be observed, coinciding with a strong pXRF lead anomaly. These factors provide further evidence that the contact between the intrusive bodies and the limestone is potentially mineralized (Figures 4 & 5).  

In addition to geological and geochemical studies, Auryn completed ground-based induced polarization (IP) and magnetics geophysical surveys.  A total of 87 line kilometers were completed in an effort to image potential sulphide bodies under the shallow volcanic cover at the contact zone between the mineralized intrusives and the Ferrobamba limestone.  The results illustrate a 3.5-kilometer-long chargeability anomaly that Auryn believes has the potential to host multiple copper–gold bearing sulphide bodies (Figure 6).  Importantly, the observed strength of the chargeability anomalies is consistent with other sulphide bodies measured in mineralized skarn and porphyry systems in the region.

A Message from Michael Henrichsen, COO & Chief Geologist:

“The very clear target zone is extremely well-supported by geological, geochemical and geophysical lines of evidence and gives us a high degree of confidence for drilling significant copper-gold mineralization.  The scale of the project and the clear mineral endowment in the region re-emphasizes our impression that Sombrero is the best pre-drilling project many of us have seen in our careers.”

Michael Henrichsen, P.Geo, COO of Auryn, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.

ON BEHALF OF THE BOARD OF DIRECTORS OF AURYN RESOURCES INC.

Ivan Bebek

Executive Chairman

For further information on Auryn Resources Inc., please contact Natasha Frakes, Manager of Corporate Communications at (778) 729-0600 or info@aurynresources.com

In Europe:

Swiss Resource Capital AG

Jochen Staiger

info@resource-capital.ch

www.resource-capital.ch 

About Auryn

Auryn Resources is a technically driven junior mining exploration company focused on delivering shareholder value through project acquisition and development. The Company’s management team is highly experienced with an impressive track record of success and has assembled an extensive technical team as well as a premier gold exploration portfolio. Auryn is focused on scalable high-grade gold deposits in established mining jurisdictions, which include the Committee Bay and Gibson MacQuoid gold projects located in Nunavut, the Homestake Ridge gold project in British Columbia and a portfolio of gold projects in southern Peru, through Corisur Peru SAC.

About Sombrero

This project consists of the North Sombrero and South Sombrero properties, comprising approximately 100,000 mineral claims owned or optioned by Auryn Resources. The copper-gold Sombrero mining concessions are located 340 kilometers SE of Lima in southern Peru and are hosted in the Andahuaylas-Yauri belt. This belt is interpreted to be on the north-western margins of this Eocene-Oligocene aged copper-gold porphyry and skarn belt that hosts the Las Bambas, Haquira, Los Chancas, Cotambambas, Constancia, Antapaccay and Tintaya deposits. The project is characterized by a strong structural control and significant copper and gold values from historical surface samples. The principle targets at Sombrero are copper-gold skarn and porphyry systems and precious metal epithermal deposits.

Forward Looking Information and additional cautionary language

This release includes certain statements that may be deemed “forward-looking statements”. Forward-looking information is information that includes implied future performance and/or forecast information including information relating to or associated with the acquisition and title to mineral concessions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different (either positively or negatively) from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers should refer to the risks discussed in the Company’s Annual Information Form and MD&A for the year ended December 31, 2017 and subsequent continuous disclosure filings with the Canadian Securities Administrators available at www.sedar.com and the Company’s registration statement on Form 40-F filed with the United States Securities and Exchange Commission and available at www.sec.gov.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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Maple Gold fasst die Highlights der Bohrungen im Jahr 2018 nach Erhalt der endgültigen Ergebnisse zusammen

Montreal (Quebec): Ahorn Gold Mines Ltd. "("Maple Gold" oder das "Unternehmen") (TSX-V: MGM, OTCQB: MGMLF; Frankfurt: M3G – http://www.commodity-tv.net/c/search_adv/?v=298484) freut sich, eine Zusammenfassung der Bohrkampagne 2018 zu geben, nachdem alle Proben eingegangen sind. Die Winterbohrkampagne 2018 umfasste 21.122 Meter Diamantbohrungen aus 52 Löchern und 1.471,3 Meter aus 57 kurzen Top-of-Bedrock Reverse Circulation (RC)-Löchern für insgesamt 22.593 Meter.

Etwa 70% der Gesamtmeterleistung befanden sich innerhalb oder in der Nähe des bekannten Ressourcengebiets, definiert als der 6,3 km x 1,8 km große Korridor einschließlich der Umrisse der konzeptionellen Gruben von Micon 2018 und einschließlich aller bekannten mineralisierten Zonen, die sich über die Ressource hinaus erstrecken. Die Ressource Douay NI 43-101 enthält 479.000 angezeigte Unzen mit durchschnittlich 1,59 g/t Au und 2.759.000 abgeleitete Unzen mit durchschnittlich 1,02 g/t Au, alle mit einem Cutoff-Gehalt von 0,45 g/t Au (Micon 2018).[1]  Einige der Bohrungen im Ressourcenbereich im Jahr 2018 konzentrierten sich auf aggressive Step-Out-Ziele, insbesondere dort, wo Lücken in der Bohrlochverteilung die Entdeckung neuer Zonen mit dem Potenzial, Unzen hinzuzufügen, ermöglichen und das Unternehmen einen Schritt näher an die Verbindung und Verknüpfung umliegender mineralisierter Zonen heranführen könnten. Der Restbetrag (~30%) wurde für die Erkundung des 377 km² großen Grundstückspakets und die Generierung neuer Greenfield-Ziele (seichte RC-Bohrungen) verwendet, während gleichzeitig zwei bestehende Greenfield-Zielgebiete (NE Syenite und NW Greenfield-Zielgebiete) mit einer ersten Phase der Diamantbohrungen getestet wurden. In den folgenden Abschnitten werden Highlights aus den verschiedenen Bereichen der Kampagne 2018 sowie erste Interpretationen und Analysen vorgestellt.

Ressourcenbereich: Zentrales Ressourcengebiet (Porphyrzone Infill/Step-out): 29 Bohrlöcher (11.735 Meter)

Diese Bohrungen konzentrierten sich hauptsächlich darauf, die Kontinuität der bestehenden Zonen entlang des Streichens und nach unten (oder nach oben) zu bestätigen, insbesondere in Gebieten mit geringerer Bohrlochdichte.

Hervorgehobene Ergebnisse (tatsächliche Breiten werden auf ca. 90% der Bohrlochlänge geschätzt):

  • DO-18-216: 52 m @ 3,53 g/t Au (einschließlich 21 m @ 7,87 g/t Au) in einem breiteren Halo von ~150 m aus minderwertigem Material; DO-18-203: 19 m @ 0,88 g/t Au[siehe Pressemitteilung vom 2. Mai 2018]. Diese Zonen erstrecken sich von der Oberfläche bis zu einer vertikalen Tiefe von über 300 m.
  • DO-18-229: Schneiden mehrerer mineralisierter Zonen, darunter 12 m bei 1,90 g/t Au, 8,5 m bei 3,80 g/t Au und 5,5 m bei 1,94 g/t Au, die alle Teil einer breiteren Mineralisierung sind, die sich bis zur Oberfläche erstreckt; DO-18-234: zahlreiche mineralisierte Zonen, darunter 7 m bei 1.47 g/t Au und 27,9 m @ 0,66 g/t Au; DO-18-230: mehrere Zonen, 24 m @ 0,75 g/t Au (einschließlich 7 m @ 1,17 g/t Au) und 4,8 m @ 1,25 g/t Au, diese Zonen erstrecken sich auch auf die Oberfläche[siehe Pressemitteilung 26. Juni 2018].
  • DO-18-247: Schneiden mehrerer mineralisierter Zonen, einschließlich 21 m bei 3,49 g/t Au, einschließlich 6,0 m bei 9,32 g/t Au; DO-18-254: Schneiden von 27,5 m bei 1,25 g/t Au, einschließlich 2,1 m bei 5,36 g/t Au; DO-18-244: Schneiden mehrerer mineralisierter Zonen, einschließlich 7 m bei 2,06 g/t Au und drei weiterer über 1 g/t Au. Alle diese Zonen erstrecken sich bis zur Oberfläche[siehe Pressemitteilung vom 9. Juli 2018].

Zusammenfassung: Die Untersuchungsergebnisse der Bohrungen im zentralen Teil der Porphyrzone (einschließlich DO-18-216) unterstützen das Konzept des Unternehmens, mehrere höhergradige Zonen oder Triebe innerhalb der Porphyrzone zu errichten, zeigen die Kontinuität dieser Art der Mineralisierung im zentralen Teil der Porphyrzone und eröffnen die Möglichkeit, die Gehalte in der Tiefe zu erhöhen.

Hervorgehobene Ergebnisse aus dem östlich-zentralen Teil der Porphyrzone (DO-18-247, DO-18-254 und DO-18-244) zielten auf ein Gebiet mit geringerer Bohrdichte und durchschnitten deutlich höhere Gehalte als benachbarte Bohrlöcher, was darauf hinweist, dass der Gehalt in diesem Gebiet in der Tiefe zunehmen kann. 

Bohrungen in der westlichen Hälfte der Porphyrzone (d.h. westlich von DO-18-216) bestätigten das Vorhandensein eines breiten (90 bis 130 Meter breiten) Halos von Goldmineralisierung, der sich mehrere hundert Meter entlang des Streichens erstreckt und hauptsächlich in Syeniten (DO-18-229, DO-18-230, DO-18-234) enthalten ist.

Ressourcenbereich: NW Zone, NW Gap Area (einschließlich neuer Nika Zonen):

11 Bohrungen für 4.528 Meter

Die Bohrungen konzentrierten sich auf ein Gebiet mit geringer Bohrdichte zwischen den Zonen NW, Douay West und Porphyry (NW Gap Area), wo zuvor mehrere verstreute, höhergradige Abschnitte erzielt wurden, hauptsächlich außerhalb der bestehenden konzeptionellen Gruben, wo zusätzliche Bohrungen die Kontinuität dieser Abschnitte bestätigen und die bestehenden konzeptionellen Gruben erweitern konnten.

Hervorgehobene Ergebnisse (Die wahren Breiten werden auf ca. 90% der Bohrlochlängen geschätzt):

  • DO-18-217: 17 m @ 1,08 g/t Au in einem breiteren Bereich von ~100 m Halo der niedriggradigen Mineralisierung[siehe Pressemitteilung vom 23. April 2018]; DO-18-218: 50 m @ 1,77 g/t Au mit ausgezeichneter Kontinuität und oberflächennaher Erweiterung[siehe Pressemitteilung vom 14. Mai 2018]; DO-18-227: 5 m @ 2.32 g/t Au am südöstlichen Rand einer bestehenden (Micon 2018) konzeptionellen Grube[siehe Pressemitteilung vom 11. Juni 2018]; DO-18-241: 12m @ 1,78 g/t Au zur Bestätigung der östlichen Kontinuität und Erweiterung der Goldmineralisierung von DO-18-218[siehe Pressemitteilung vom 26. Juli 2018].

Zusammenfassung: Die Bohrungen im NW Gap Gebiet waren sehr erfolgreich, mit der Entdeckung mehrerer neuer Mineralisierungszonen (die Nika Zonen). Es gibt große Syenitkörper in diesem Gebiet, die zusammen mit der ersten Interpretation von Spurenelementmustern darauf hinweisen, dass dieses Gebiet eines von mehreren intrusiv-hydrothermalen Zentren, die Teil der Douay-Ressource sind, darstellen kann. Wie auch in der Porphyr-Zone sind höherwertige Intervalle von breiten, minderwertigen Halos umgeben. Zusätzliche Bohrungen sind erforderlich, um diese neuen mineralisierten Zonen entlang des Streichens und des Auf- und Abtauchens weiter zu definieren.

Maple Gold’s VP, Exploration, Fred Speidel, sagte: "Fast drei Viertel des Bohrprogramms im Winter 2018 konzentrierten sich auf den Ausbau des Kernbereichs des Projekts, und wir sind mit den Erfolgen dort zufrieden. Wir konnten nicht nur wichtige mineralisierte Gebiete innerhalb des bekannten Lagerstättengebiets erweitern, sondern auch neue Goldzonen (Nika) entdecken und haben insgesamt solide Fortschritte im etablierten Rohstoffgebiet erzielt. In den kommenden Wochen und Monaten wird unser technisches Team unsere Modelle auf dem Weg zur nächsten Ressourcenschätzung bei Douay aktualisieren."

Greenfield-Bohrungen: Flache RC-Bohrungen (1.471,3 Meter), NE-Syenit (2.869 Meter) und NW-Greenfield (1.991 Meter)

Die flachen RC-Bohrungen im Jahr 2018 brachten drei (3) neue geologische Ziele im westlichsten Teil des Douay-Projekts hervor. Die neuen Ziele liegen ca. 35 km westlich des Ressourcengebiets und sind innerhalb eines Blocks von ca. 38 km.  der von der Gesellschaft Ende 2017 abgesteckt wurde. Diese flache Explorationsbohrung stellt die erste Arbeitsphase des Unternehmens in diesem Bereich dar und wurde entwickelt, um erste Grundgesteins- und Abraumdaten zu liefern, die eine Vektorisierung zu Zielen für weitere Explorationsarbeiten und potenzielle Kernbohrungen in späteren Kampagnen ermöglichen.

Eine erste Überprüfung der Ergebnisse der Kernbohrungen, die sowohl für die NW-Greenfield- als auch für die NE-Syenitgebiete erhalten wurden, ergab ermutigende Anomalien in mehreren Pfadfinderelementen, die mit Gold im Ressourcengebiet in Verbindung gebracht werden können; diese geochemischen Anomalien verdienen weitere Oberflächenarbeiten mit dem Ziel, künftige Bohrziele in diesen Gebieten zu vektorisieren und zu verfeinern.

Das Unternehmen schloss 1471,3 Meter RC-Bohrungen in 57 flachen Löchern in zwei Bereichen ab: im westlichen Bereich und im südlichen Zentralbereich (siehe Abb. 1, Einsatz). Im günstigeren westlichen Bereich wurden drei separate Gold-in-till-Anomalien mit 25, 35 und 21 Goldkörnern in Kassenproben gewonnen; eine subtilere vierte Anomalie mit 16 Goldkörnern tritt ebenfalls neben den besten der ersten drei auf, wodurch dieses Ziel verstärkt und bestätigt wird. Hintergrund für diesen Bereich sind ca. 0 bis 5 Goldkörner pro Kassenprobe. Die Gesteinsgeochemie für diese und benachbarte Bohrlöcher zeigt mehrere verschiedene Alterationsstile, von denen einige der Alteration im Ressourcenbereich ähnlich sind und andere eher auf einen vulkanogenen Massivsulfid (VMS)-Stil der Mineralisierung hinweisen, wie die nahe gelegenen Lagerstätten Joutel und Estrades. Die durchschnittliche Abraumdicke in diesem westlichen Bereich betrug 27,9 Meter. Weitere Folgearbeiten sind für diesen Bereich geplant und sollen eine IP-Untersuchung umfassen, um potenzielle neue Bohrziele zu ermitteln.

Maple Gold’s VP, Exploration, Fred Speidel, kommentierte: "Die Ergebnisse der ersten Kernbohrungen in Gebieten mit höherem Risiko (aber auch potenziell höherem Ertrag) auf dem Greenfield sind ausreichend ermutigend, um weitere Explorationen zu rechtfertigen, mit positiven geologischen und geochemischen Indikationen in allen drei untersuchten Gebieten".

Speidel fügte hinzu: "Flache RC-Bohrungen sind ein kostengünstiges Explorationswerkzeug für neue Zielgenerationen in Gebieten mit Gletscherbedeckung, mit dem wir wichtige Informationen über die Geologie und Geochemie des Untergrundes und der Gletscherablagerungen gewinnen können. Es gibt ermutigende Anzeichen sowohl für Gold als auch für NE-Metalle im westlichen Bereich, wo die Abraumdicke geringer war als erwartet. Wir werden auf den Daten aufbauen, die wir von dieser Arbeit erhalten haben, um neue Ziele auf dem Greenfield für zukünftige Bohrkampagnen zu erschließen."

Qualifizierte Person

Die in dieser Pressemitteilung enthaltenen wissenschaftlichen und technischen Daten wurden unter der Aufsicht von Fred Speidel, M. Sc, P. Geo. von Maple Gold, Vice President Exploration, geprüft und aufbereitet. Herr Speidel ist eine qualifizierte Person gemäß National Instrument 43-101 Standards of Disclosure for Mineral Projects. Herr Speidel hat die Daten zu den in dieser Pressemitteilung veröffentlichten Explorationsinformationen durch seine direkte Teilnahme an den Arbeiten überprüft.

Qualitätssicherung (QS) und Qualitätskontrolle (QS)

Maple Gold führt bei Douay strenge Qualitätssicherungs- ("QA") und Qualitätskontrollprotokolle ("QC") ein, die die Planung und Platzierung von Bohrlöchern im Feld, das Bohren und Abrufen des Bohrkerns in NQ-Größe, die Bohrlochvermessung, den Kerntransport zum Douay Camp, die Kernprotokollierung durch qualifiziertes Personal, die Probenahme und das Absacken des Kerns für die Analyse, den Transport des Kerns vom Standort zum Analyselabor, die Probenvorbereitung für die Analyse sowie die Analyse, Aufzeichnung und abschließende statistische Überprüfung der Ergebnisse umfassen. Für eine vollständige Beschreibung der Protokolle besuchen Sie bitte die QA/QC-Seite des Unternehmens auf der Website: http://maplegoldmines.com/index.php/en/projects/qa-qc-qp-statement

Über Maple Gold

Maple Gold ist ein fortschrittliches Goldexplorationsunternehmen, das sich auf die Definition eines Goldprojekts in einem der weltweit führenden Bergbaugebiete konzentriert. Das 377 km² große Douay-Goldprojekt des Unternehmens befindet sich entlang der Casa Berardi Deformationszone innerhalb des produktiven Abitibi Greenstone Belt im Norden von Quebec, Kanada. Das Projekt verfügt über eine etablierte Goldressource[2]  die in mehrere Richtungen offen bleibt, mit einer ausgezeichneten Infrastruktur und mehreren groß angelegten Minen in diesem produktiven Bergbaugebiet. Maple Gold hat jetzt eine bedeutende Winterbohrkampagne abgeschlossen, um die bekannten Ressourcengebiete zu erweitern und neue Entdeckungsziele innerhalb des 55 km langen Streichs des Unternehmens entlang der Casa Berardi Deformationszone zu testen. Für weitere Informationen besuchen Sie bitte www.maplegoldmines.com.

IM AUFTRAG VON MAPLE GOLD MINES LTD.

"Matthew Hornor"

  1. Matthew Hornor, Präsident & CEO

Für weitere Informationen kontaktieren Sie uns bitte:

Herr Joness Lang

VP, Unternehmensentwicklung
Phone: +1778.686.6836
E-Mail: jlang@maplegoldmines.com  

In Europa

Swiss Resource Capital AG

Jochen Staiger

info@resource-capital.ch

www.resource-capital.ch

WEDER DIE TSX VENTURE EXCHANGE NOCH DEREN REGULIERUNGSDIENSTLEISTER (WIE IN DEN RICHTLINIEN DER TSX VENTURE EXCHANGE DEFINIERT) ÜBERNEHMEN DIE VERANTWORTUNG FÜR DIE ANGEMESSENHEIT ODER RICHTIGKEIT DIESER PRESSEMITTEILUNG.

Zukunftsgerichtete Aussagen:

Diese Pressemitteilung enthält "zukunftsgerichtete Informationen" und "zukunftsgerichtete Aussagen" (zusammenfassend als "zukunftsgerichtete Aussagen" bezeichnet) im Sinne der geltenden kanadischen Wertpapiergesetzgebung in Kanada, einschließlich Aussagen über das voraussichtliche Mineralpotenzial der Porphyr-Zone, das Potenzial für eine signifikante Mineralisierung durch andere Bohrungen im referenzierten Bohrprogramm und den Abschluss des Bohrprogramms. Zukunftsgerichtete Aussagen beruhen auf Annahmen, Unsicherheiten und der bestmöglichen Einschätzung des Managements über zukünftige Ereignisse. Die tatsächlichen Ereignisse oder Ergebnisse können wesentlich von den Erwartungen und Prognosen des Unternehmens abweichen. Investoren werden darauf hingewiesen, dass zukunftsgerichtete Aussagen mit Risiken und Unsicherheiten verbunden sind. Dementsprechend sollten sich die Leser nicht zu sehr auf zukunftsgerichtete Aussagen verlassen. Zukunftsgerichtete Aussagen beinhalten unter anderem Aussagen über den Zeitpunkt und den Abschluss der Privatplatzierung. Wenn hierin Wörter wie "antizipieren", "werden", "beabsichtigen" und ähnliche Ausdrücke verwendet werden, sollen sie zukunftsgerichtete Aussagen kennzeichnen.

Zukunftsgerichtete Aussagen beruhen auf bestimmten Einschätzungen, Erwartungen, Analysen und Meinungen, die das Management zum Zeitpunkt ihrer Veröffentlichung für angemessen hielt, oder in bestimmten Fällen auf Expertenmeinungen Dritter. Solche zukunftsgerichteten Aussagen beinhalten bekannte und unbekannte Risiken, Unsicherheiten und andere Faktoren, die dazu führen können, dass sich unsere tatsächlichen Ereignisse, Ergebnisse, Leistungen oder Errungenschaften wesentlich von den in diesen zukunftsgerichteten Aussagen ausdrücklich oder implizit enthaltenen Ereignissen, Ergebnissen, Leistungen oder Errungenschaften unterscheiden. Für eine detailliertere Darstellung dieser Risiken und anderer Faktoren, die dazu führen können, dass die tatsächlichen Ergebnisse wesentlich von denjenigen abweichen, die in solchen zukunftsgerichteten Aussagen ausdrücklich oder implizit zum Ausdruck kommen, verweisen wir auf die Unterlagen von Maple Gold Mines Ltd. bei den kanadischen Wertpapieraufsichtsbehörden unter www.sedar.com oder auf die Website des Unternehmens unter www.maplegoldmines.com. Das Unternehmen beabsichtigt nicht und lehnt ausdrücklich jegliche Absicht oder Verpflichtung ab, zukunftsgerichtete Aussagen zu aktualisieren oder zu revidieren, sei es aufgrund neuer Informationen, zukünftiger Ereignisse oder aus anderen Gründen, es sei denn, dies ist gesetzlich vorgeschrieben.

[1] (Micon 2018) 479.000 Unzen bei 1,59 g/t Au (angezeigte Kategorie) und 2.759.000 Unzen bei 1,02 g/t Au (abgeleitete Kategorie) unter Verwendung eines Cut-off-Gehalts von 0,45 g/t Au. Bitte besuchen Sie www.maplegoldmines.com oder die SEDAR-Einreichungen des Unternehmens für eine Kopie des Micon 2018-Berichts.

[2] (Micon 2018) 479.000 Unzen bei 1,59 g/t Au (angezeigte Kategorie) und 2.759.000 Unzen bei 1,02 g/t Au (abgeleitete Kategorie) unter Verwendung eines Cut-off-Gehalts von 0,45 g/t Au. Bitte besuchen Sie www.maplegoldmines.com oder die SEDAR-Einreichungen des Unternehmens für eine Kopie des Micon 2018-Berichts.

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TerraX extends Ptarmigan Zone 400 meters northwest

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – http://www.commodity-tv.net/c/search_adv/?v=298245) is pleased to announce further assay results from the Company’s ongoing summer field program  on the Yellowknife City Gold project.

David Suda, President and CEO stated: “The summer program continues to yield results that confirm the potential of the Yellowknife City Gold Project as a district scale camp. Surface results, magnetic imaging, and geochemistry data will provide a roadmap to future drilling on our most prospective targets. The Northbelt remains our core area of focus but we are systematically sampling 10km away on the Eastbelt with encouraging results”

Continued channel sampling and prospecting assay results come from the area immediately northwest of the past producing Ptarmigan Mine on Eastbelt. Detailed mapping and prospecting extends the Ptarmigan zone 400 meters northwest of previously reported channel sampling with a 19.00 g/t Au grab sample along the Ptarmigan trend. Channel sample results were cut from outcrop southeast of previously reported channels (24.75 g/t Au over 5.50 m including 44.82 g/t Au over 3.00 m reported on July 12, 2018) following the Ptarmigan vein trend and sampling across the gold mineralized structures. Assay results for gold range up to 124 g/t Au in a 0.70 m channel sample from Channel ECH18-039.  Mineralized intervals for the sampled areas (ECH18-034, 038, 039 and  ECH18-041) are indicated on the maps available here and include:

  • ECH18-034 – 4.76 g/t Au over 2.00 m
  • ECH18-038 – 60 g/t Au over 2.10 m
  • ECH18-039 – 85 g/t Au over 1.80 m
  • ECH18-041 – 18.13 g/t Au over 3.10 m

Joseph Campbell, Executive Chairman of TerraX, stated: “The high grade channels from the Ptarmigan area continue to impress, and the extension of the zone through prospecting 400 meters to the northwest greatly expands the target area for developing potential mineral resources.”

An additional grab sample was collected from a gossanous quartz vein 2.7 kilometers due west of the Ptarnigan Mine, and assayed 5.17 g/t Au. Further work is warranted  in this area. More results from the Northbelt and Eastbelt properties are expected during the Company’s current summer program. 

Assays reported today total 313 samples with gold grades ranging from nil to 124 g/t Au, and including 138 channel samples. Channel samples are considered representative of the zones that have been sampled. It should be noted that, due to their selective nature, assay results from grab samples may not be indicative of the overall grade and extent of mineralization on the subject area.

Sampling included insertion of certified standards and blanks into the stream of samples for chemical analysis. Samples were prepared at ALS Chemex’s laboratory in Yellowknife and shipped to their Vancouver facility for gold analysis by fire assay and other elements by ICP analysis. ALS is a certified and accredited laboratory service. 

The technical information contained in this news release has been approved by Joseph Campbell, Executive Chairman of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About the Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 772 sq km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district. 

For more information on the YCG project, please visit our web site at www.terraxminerals.com.

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

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