VVC Confirms Helium Shows Of Up To 1.14% From Its Second Well In Syracuse Project |

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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VVC Exploration Corp (TSXV:VVC) is a resource company currently working to bring its flagship Samalayuca copper property in Mexico to production. The 4,055-acre Samalayuca property is situated in the northern part of Mexico’s Chihuahua state in the Sierra Madre region 60 kilometers southwest of El Paso, Texas. The project is also supported by infrastructure including an access road and an available mining workforce.

In November 2020, the company, through its wholly owned subsidiary, Camex Mining Development Group Inc., acquired the remaining shares of Samalayuca Cobre S.A. de C.V. (SCSA). SCSA is the owner of the Kaity Property where VVC Exploration’s current flagship project Gloria is located.

Gloria is a sedimentary hosted project with a copper resource of 59.4 million pounds, indicated (9.6M tonnes grading 0.28 percent Cu) and 89.33 million pounds, inferred (14.4M tonnes grading 0.28 percent Cu). VVC has received both Environmental and Land Use Change Permits allowing the Company to initiate pilot mining operations at Gloria.

The company also has an additional two wholly-owned properties in Mexico’s mining-friendly jurisdiction: Cumeral and La Tuna. Both projects are gold-bearing and are at different points in the exploration process. VVC Exploration’s Timmins project in Canada is a greenfield project and the only project outside of Mexico.

VVC Exploration has initiated efforts to secure a position in the helium space by acquiring Plateau Helium Corporation (PHC), a Wyoming-based company focused on helium exploration and development in the western US. The company also purchased the Monarch Lease in the Byerly Field in Greely County, Kansas and the Syracuse Extension 1 in Cheyenne County, Colorado.

VVC Exploration is led by a management team with a wealth of mining experience and is supported by a board of directors with significant influence in both the mining and financial industries. The management and board are also notably invested in the company, with the CEO, members of management and the board of directors listed as top investors. As a whole, the company has a tight share structure with over 90 million shares held by the top 25 investors.

VVC has been involved in the Samalayuca property since October 2013, when the company optioned 33.75 percent of the project and took on management control. In 2015, VVC then increased that option to 67.5 percent.

In January 2021, VVC Exploration acquired Plateau Helium Corporation (“PHC”), a Wyoming Corporation focused on helium exploration and development, primarily in the western US. PHC’s initial target project is located in Kansas and currently comprises 69 leases covering 13,760 acres known as the Syracuse Helium Project.

The Company issued 7,000,000 shares of VVC to the shareholders of PHC in exchange for the 90% interest in PHC and placed the remaining 14 million VVC Shares in escrow, which will only be released from escrow in two tranches of 7 million shares each upon completion of two predetermined benchmarks. Any of the remaining VVC Shares not released from escrow within twelve (12) months will be returned to the treasury of VVC for cancellation. The shares are subject to a Hold Period expiring on May 27, 2021.

VVC also purchased a new helium property called Monarch Lease in April 2021. The transaction bolsters VVC’s ability to capitalize on the growing demand for helium, driven by increased global usage.

The purchase agreement allows MP to retain a 3 percent royalty in the shallow well rights from surface to 3100 feet (the “Shallow Rights”) and a 50 percent non-operated working interest in the deep oil and gas rights below 3100 feet (the “Deep Rights”). In addition to the 3percent royalty, standard industry royalties of 12.5 percent are payable to arm’s length land owners from the proceed of any production.

The Monarch Lease is a 1,720-acre property that is located in the Byerly Field in Greely County, Kansas and includes six formerly producing gas wells that are still connected to the Tumbleweed Midstream pipeline. All wells produced both methane and helium. PHC believes that production on these wells can be restarted with only minor re-work. Re-work on the Byerly field will commence immediately with the current expectation that the existing wells can be fully operational within 60 days.

VVC Exploration through its wholly owned subsidiary PHC, acquired a new gas property known as Syracuse Extension 1. Extension 1 is a 320-acre property located in Cheyenne County, Colorado and includes 2 gas wells drilled in 1989-1990 which were never put into production.

This property is adjacent to the Tumbleweed Midstream pipeline which is linked to a helium processing plant. Both wells contain methane and helium. At the time of drilling, one well had tested over 2,000 mcf per day and the other, over 3,000 mcf per day, of helium rich gas. These historical results have not been verified by PHC or any other independent party.

In March 2019, VVC Exploration released an updated resource estimate for the Samalayuca property. The report outlined an indicated resource of 59.4 million pounds of copper and an inferred resource of 89.33 pounds of copper.

“The 2019 resource estimate was generated using all exploration data up to December 2018. Whereas, the previous resource estimate in 2013 showed only an inferred resource, now both indicated and inferred resources are being reported. With a base case resource of 59.40 million pounds of copper indicated and 89.33 million pounds of copper inferred, VVC has a solid basis for treating Samalayuca as an attractive, viable project,” said VVC Exploration Chairman Terrence Martell.

Dr. James Culver has spent his over 40 years in the fields of commodities, international trade and trade finance, holding posts in government, academia and the private sector. For the last 20 years, he has focused on commodity finance and commodity project finance, primarily in mining and metals and agricultural products. He spent 22 years working in New York City where he most recently managed two private commodity asset-based lending companies and developed hedge funds to support their lending activities.

Previously, Dr. Culver served as Chief Economist and Director of the Economics and Education Division for the Commodity Futures Trading Commission where he was responsible for market surveillance and new product approvals. He also served for five years on the staff of the Committee on Agriculture of the US House of Representatives. In addition, Culver has been an active participant in a family-owned and operated business, The Parsons Group International Education Inc., for-profit educational services company. He earned his B.Sc. at the University of Tennessee Martin and his M.Sc. and Ph.D. degrees from the University of Tennessee Knoxville.

A Canadian mining engineer and geologist residing in Chihuahua, Mexico, Andre St-Michel has over 30 years of experience in the mining business with a focus on mine development, mill operation, administration and finance. He has spent the last 10 years working in Mexico where he currently serves as President and CEO of Freyja Resources.

From 2003 to 2008, he was a senior executive of Dia Bras (now Sierra Metals), responsible for its exploration programs and the start-up of its Bolivar copper and zinc mine. From initial start-up of the mine in 2005, production reached 450 tons per day in 2006 with annual projected revenues of approximately $27 million and cash flows of approximately $10 million, Prior to 2003, he served as President of ECU Silver Mining, developing programs and properties in the US, Brazil and Mexico. He holds a degree from the Laval University Engineering School and a Master’s degree in Project Management from University du Quebec. He is a professional engineer.

Michael Lafrance has been VVC Exploration’s Secretary and Treasurer and geological consultant since December 2012. Since 1980, he has served in similar roles with many other publicly-traded exploration companies. He is also the corporate secretary of POET Technologies Inc. (formerly Opel Technologies), a pioneer in the field of integrated circuits. He is a graduate of the University of Ottawa.

Kevin Barnes has served as the corporate controller and CFO of various public and private companies over the last 12 years. He also served in the role of IT Manager and Senior Accountant with Duguay and Ringler Corporate Services, a firm which provides corporate accounting and secretarial services to publicly-traded companies. He served as the Controller of Canada’s Choice Spring Water, one of Canada’s first publicly-traded bottled water companies.

He currently serves as CFO of Poet Technologies Inc., a pioneer in the field of integrated circuits and Controller of an international training institute with revenues of $100 million. Barnes received a computer operations diploma from Careers Development Institute and has a Certified Management Accountant designation from the ICMA Australia. In 2006, he became a member of the Institute of Chartered Secretaries and Administrators of Canada.

Dr. Terrence Martell is the Director of the Weissman Center for International Business at Baruch College and the Saxe Distinguished Professor of Finance where he oversees a myriad of international education programs and projects. He is also the Chairperson of the University Faculty Senate and an ex-officio member of the Board of Trustees at The City University of New York. His area of expertise and research is international commodity markets.

He is a Director of the Intercontinental Exchange (ICE) where he serves on the Audit Committee and has many roles. He serves on the Board of the Manhattan Chamber of Commerce and is a member of their Executive Committee. He is also a member of the New York City District Export Council of the US Department of Commerce and a member of the Reuters/Jefferies CRB Index Oversight Committee. Dr. Martell received his B.A. in Economics from Iona College and his Ph.D. in Finance from the Pennsylvania State University.

Peter Dimmell is a geologist and prospector who has been involved in mineral exploration in Canada, the United States and overseas for 38 years. He is experienced in all aspects of the mining industry and has guided on-site operations from exploration through to production. He is a past president of the Prospectors and Developers Association of Canada (PDAC), a director and former chairman of the Newfoundland and Labrador Chamber of Mineral Resources and a councilor and member of the Geological Association of Canada. He sits on the Board of Directors of four other public companies: Arehada Mining Ltd, Linear Gold Corp, Pele Mountain Resources Inc and Silver Spruce Resources Inc, for which he also serves as CEO.

Bruno Dumais is Vice President, Finance, for BroadSign International, a Montreal-based provider of digital signage solutions. He possesses over 20 years of experience in financial, forecast and strategic planning and is responsible for overseeing global financial activities. Prior to joining BroadSign, he was the Chief Financial Officer, Vice President of Finance and a Consultant at Mitec Telecom for seven years. He has also held senior level positions in companies crossing a variety of sectors, such as Gestion Exponent, Nortel Networks and Premier Tech. Dumais is a Chartered Professional Accountant and holds both a Bachelor in Business Administration from the University of Quebec in Rimouski and an International MBA from the University of Ottawa.

Patrick Fernet is a legal, operations, and corporate governance expert with more than twelve years’ experience in Canadian small-cap public corporations. He serves as a consultant to VVC on a variety of corporate matters. He has more than 15 years of governance experience with small-cap Canadian corporations.

Scott Hill has served as Chief Financial Officer of Intercontinental Exchange Inc (ICE) since May 2007. He is responsible for all aspects of ICE’s finance and accounting functions, treasury, tax, audit and controls, business development, human resources and investor relations. Hill also oversees ICE’s global clearing operations. Prior to joining ICE, Hill was Assistant Controller for Financial Forecasts and Measurements at IBM, where he oversaw worldwide financial performance and worked with all global business units and geographies. Hill began his career at IBM and held various accounting and financial positions in the US, Europe, and Japan, including Vice President and Controller of IBM Japan, and Assistant Controller, Financial Strategy and Budgets.

Emily King is a professional geologist specializing in building and leading multi-disciplinary teams to achieve clients’ high-priority objectives. She is the Founder and CEO of Global Ventures Consulting (GV), a mining and natural resources consulting firm. She is also the President of DZG, focused on partnering North American and Afghan capital to develop Afghanistan’s mining sector, and Senior Geological Advisor for SODEVCO, a chromite toll processing company.

Prior to founding GV, King led the $40 million per year mineral exploration, investment and promotional activities for an economic development task force in the US Department of Defense where she oversaw a team of over 40 experts. In that role, she explored 15 mineral deposits throughout Afghanistan, promoting and tendering four early-stage copper and gold deposits in partnership with the Afghanistan Ministry of Mines and Petroleum, Afghanistan Geological Survey and the US Geological Survey. She earned a degree in Geology from Bowdoin College, where she recently was a guest lecturer for the Earth and Oceanographic Science Department. She is also the Founder and active leader of Women in Mining: USA.

Leon Shivamber is a transformation leader with more than three decades of successful transformations under his belt. He learned about Strategy and Business Integrity during his years at McKinsey & Company, Change Management, and Rapid Transformation during his New York Consulting Partners years and High-Performance Acquisitions during his years at Arrow Electronics. He spent five years leading the prize-winning Supply Chain and Operations transformation at then Harris Corporation (now L3 Harris Technologies. For three years after that role, Leon extended and applied his transformation experience as a leader and general manager building an international joint venture in the Middle East.

Thereafter, Leon spent three years as CEO leading the vibrant UAE headquartered Atlas Group with strategic businesses in communications, defense, energy, food, healthcare, hospitality, public safety, and security. He also spent two additional years advising Atlas Group and other Middle-East-based corporations on their transformation efforts. Since that time, Leon has returned to the United States and has been acting as a Senior Advisor to several corporate transformations. He is a Fellow, Life Management Institute (FLMI), and a Trustee of the Board of Directors of Baruch College Fund.

VVC Exploration CORPORATION [TSXV: VVC] (the "Company") announces the extension of the expiry date of the following warrants:

These warrants were attached to private placements and debt financings approved by the TSXV in November 2017, December 2017 and January 2018. The warrants are not currently in-the-money, and no warrants were exercised. An aggregate of 7.73% of these warrants are held by insiders of the Company. The warrant extension is conditional on obtaining TSXV approval.

VVC is a Canadian exploration and mining company focused on the exploration and development of copper and gold deposits in Northern Mexico, specifically the Gloria Copper Project located in in Chihuahua State. VVC has other projects in Mexico and Canada, including gold and silver prospects, Cumeral and La Tuna, in Sonora and Sinaloa States, Mexico and a grassroots gold/VMS prospect in the Timmins area of Northern Ontario. Visit our website at: http://vvcexpl.com .

On Behalf of the board of Directors

For further information, please contact:

Patrick Fernet - (514) 631-2727 or Trevor Burbank - (214) 641-1041 E-mail: pfernet@vvcexploration.com E-mail: trevor@vvcexpl.com

2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E 7 – Tel: 416- 61 9 -5304

News Provided by GlobeNewswire via QuoteMedia

VVC Exploration Corporation (“VVC” or the “Company”) (TSXV:VVC) announces the following:

Private Placement Financing VVC is raising up to CA$3.3 million (US$2.5 million) in a non-brokered private placement of units of the Company at a price of CA$0.05 per Unit. Each Unit consists of one common share and one common share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of three years, at an exercise price of CA$0.075 per share. The Company will pay a Finder’s Fee, not to exceed 7% of the aggregate amount raised by arm’s length finders, which fee may be paid in cash or by the issuance of common shares and warrants. It is expected that a maximum of 1 million shares and warrants will be issued to the Finders.

The Company expects to close the Private Placement in early September, subject to the acceptance of TSX Venture Exchange (“TSXV”). All securities issued pursuant to the offering will be subject to the applicable statutory, exchange and regulatory hold period of four months and any other required resale restrictions.

Net proceeds of the Financing, after paying the general costs of the issue and the cash portion of the Finder’s Fee, will be used will be used as needed for (a) development on the Kaity Property in Chihuahua, Mexico, including costs associated with various permits, metallurgical bench testing of the copper mineralization, and investigation, evaluation and implementation of the Gloria Pilot Mining Project, (b) option payments in Mexico, (c) current accounts payable, (d) general administrative expenses, and (e) working capital.

Annual Shareholders Meeting The Company’s shareholders’ meeting (the “Meeting”) will be held virtually on Friday, August 28, 2020 at 10:00 am. For more information please read the Information Circular available for download at www.vvcexpl.com/shareholder-meeting. The deadline for Proxy Voting is 10 am on Wednesday, August 26, 2020. To attend the Meeting as a shareholder or a guest, please register at https://www.vvcexpl.com/2020-agm-register.

Following the formal business session, management will present an update on the Samalayuca Project and other Company activities, and will be available to answer questions from shareholders, subject of course to respecting Securities Laws regarding “Selective Disclosure”.

Risk Factors The Company’s business involves a variety of operational, financial and regulatory risks that are typical in the natural resource industry. These risk factors are more fully described in the “Financial Instruments and Risk Management” section and the “Business Risks” section of its Management’s Discussion & Analysis (MD&A) which are prepared quarterly in conjunction with its Financial Statements and filed on SEDAR (www.sedar.com).

About VVC Exploration Corporation VVC is a Canadian exploration and mining company focused on the exploration and development of copper and gold deposits in Northern Mexico, specifically the Kaity Copper Project located in in Chihuahua State. VVC has other projects in Mexico and Canada, including gold and silver prospects, Cumeral and La Tuna, in Sonora and Sinaloa States, Mexico and a grassroots gold/VMS prospect in the Timmins area of Northern Ontario. Visit our website at: http://vvcexpl.com.

On behalf of the Board of Directors

For further information, please contact:

Patrick Fernet – (514) 631-2727 E-mail: pfernet@vvcexploration.com or Trevor Burbank – (214) 641-1041 E-mail: trevor@vvcexpl.com

Click here to connect with VVC Exploration Corporation (TSXV:VVC) for an Investor Presentation.

VVC Exploration Corporation (“VVC” or the “Company”) (TSXV:VVC) announces the following:

VVC closed subscriptions for Tranche 1 of a non-brokered Private Placement financing, previously announced on February 5, 2020. To-date, VVC raised CA$951,560 (about US$722,000) and will issue to the placees an aggregate of 19,031,200 Units at a price of CA$0.05 per Unit. Each Unit consists of one common share (“Share”) and one-half of one common share purchase warrant (Warrant”), each full Warrant entitling the holder to purchase one additional Share of the Company at an exercise price of CA$0.06 per Share for a period of three years.

The proceeds of the Financing are for development on the Kaity Property in Mexico, including costs associated with various permits, metallurgical bench testing of the copper mineralization, and investigation, evaluation and implementation of the Gloria Pilot Mining Project. In addition, the proceeds are being used for option payments in Mexico, current accounts payable, general administrative expenses, and working capital as needed.

The TSX Venture Exchange (“TSXV”) conditionally accepted this Private Placement. The Company has requested an extension of 30 days in order to finalize and close a second tranche. The Company expects to raise an additional $200,000 to $500,000 within the next 30 days.

The Units for Tranche 1 will be issued later this week following the TSXV granting the extension. All securities issued pursuant to the Financing will be subject to the applicable statutory, exchange and regulatory hold period of four months and any other required resale restrictions. The Finder’s Fee will be paid on Final Closing.

VVC is a Canadian exploration and mining company focused on the exploration and development of copper and gold deposits in Northern Mexico, specifically the Kaity Copper Project located in in Chihuahua State. VVC has other projects in Mexico and Canada, including gold and silver prospects, Cumeral and La Tuna, in Sonora and Sinaloa States, Mexico and a grassroots gold/VMS prospect in the Timmins area of Northern Ontario. Visit our website at: http://vvcexpl.com.

On behalf of the Board of Directors

For further information, please contact:

Patrick Fernet – (514) 631-2727 or Eugene Braigen – (214) 641-1041 E-mail: pfernet@vvcexploration.com

E-mail: trevor@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.

Click here to connect with VVC Exploration Corporation (TSXV:VVC) for an Investor Presentation.

VVC Exploration Corporation (“VVC” or the “Company”) (TSXV:VVC) announces the following:

VVC is raising up to CA$2.0 million (US$1.5 million) in a non-brokered private placement of units of the Company at a price of CA$0.05 per Unit. Each Unit consists of one common share and one-half of one common share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of three years, at an exercise price of CA$0.06 per share. The Company will pay a Finder’s Fee, not to exceed 7% of the aggregate amount raised by the Finder, which fee may be paid in cash or by the issuance of up to 2,800,000 common shares and 1,400,000 warrants.

The Company expects to close the Private Placement in February 2020.

VVC is also raising up to US$7.5 million in a 5-Year Note Debt Financing, with a Par Value of US$8.4 million, on a non-brokered private placement basis, with a Final Closing expected on April 30, 2020, with 2 possible earlier Closings. Each $100,000 unit (Par Value $112,00) comprises (i) one Promissory Note of US$112,000 Par Value and (ii) 200,000 VVC share purchase warrants (“Warrants”) to purchase VVC shares at the greater of the Market Price at time of Closing or CA$0.06 expiring five years following the first Closing. Twelve Percent (12%) interest on the Par Value to start accruing on March 31, 2021, and to be payable quarterly with first payment due on June 30, 2021.

A Finder’s Fee of up to 4% may be paid to qualified arm’s-length person instrumental in introducing investors to the Company. In addition, the Finders could receive 25,000 Warrants for every Unit subscription received before February 28, 2020 and 12,500 Warrants for every Unit subscription received thereafter.

The total number of warrants to be issued to the investors and to Finders must not exceed the allowable amount under TSXV Policy 5.1 which will depend on the Market Price at each Closing. However, it is unlikely that the number of warrants to be issued at each Closing will exceed the said limits.

Net proceeds of both Financings, after paying the general costs of the issue and the cash portion of the Finder’s Fee, will be used for (i) the development of a Pilot Mine at the Company’s Gloria Copper Project in Chihuahua, State, Mexico, (ii) all Pilot Mine start-up costs, including but not limited to equipment, construction, supervision, and community activism, (iii) maintenance fees, permitting fees, exploration and option payments on all of the Company’s current and future mining projects, and, (iv) current accounts payable, (v) current general administrative expenses in Canada and in Mexico, and (v) working capital.

Only Accredited Investors can participate in these Financings. Both Financings are subject to the acceptance of TSX Venture Exchange (“TSXV”).

The Company’s business involves a variety of operational, financial and regulatory risks that are typical in the natural resource industry. The plans for the Company’s proposed Pilot Mining Operation, including the economic case for it, have been prepared internally by the management team. No independent National Instrument 43-101 (NI 43-101) compatible Feasibility Study (FS), Pre-Feasibility Study (PFS), Preliminary Economic Assessment (PEA) or other economic assessment has been carried out on the project, and therefore, there is no independent confirmation that the project will be economic.

The Company is exposed to price risk with respect to commodity price movements and volatilities, in particular, the variability of copper prices.

The Company will attempt to mitigate these risks and minimize their effect on its financial performance, but there is no guarantee that the Company will be profitable in the future, and investment in the Financing should be considered speculative.

The Corporation is subject to many other risk factors that are more fully described in the “Financial Instruments and Risk Management” section and the “Business Risks” section of its Management’s Discussion & Analysis (MD&A) which are prepared quarterly in conjunction with its Financial Statements and filed on SEDAR (www.sedar.com).

On behalf of the Board of Directors

For further information, please contact:

Click here to connect with VVC Exploration Corporation (TSXV:VVC) for an Investor Presentation.

VVC Exploration Corporation (“VVC” or the “Company”) (TSXV:VVC) announces the following:

The Company announced in a news release of October 21, its intention to convert certain outstanding indebtedness as at October 31, 2019, into Units of the Company, up to CA$175,000. The Company has received the necessary documentation from the participants and finalized this Debt Conversion. As such, an aggregate of CA$200,910 of indebtedness was converted into 4,018,200 common Shares (“Shares”) and 2,631,000 common share purchase warrant (“Warrants”), each Warrant entitling the holder to purchase one additional common share of the Company at an exercise price of CA$0.06 per share, expiring October 25, 2022. Two Insiders of the Company participated in the Debt Conversion, but were not entitled to receive Warrants. The Company is awaiting final acceptance of the TSXV. These securities will be subject to the applicable statutory, exchange and regulatory hold period of four months and any other required resale restrictions.

The Company closed, on October 25, a Private Placement financing for approximately CA$2 (US$1.5) million at a price of CA$0.05 per unit. The Company has now reopened a new Private Placement financing (the “Financing”) for CA$2 (US$1.5) million at a price of CA$0.05 per unit. Each unit (“Unit”) comprises one common share and one-half of one common share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of three years, at an exercise price of CA$0.06 per share. A finder’s fee may, in certain circumstances, be paid to certain individuals who will be instrumental in introducing investors to Company in conjunction with the Financing, and the finder can elect to take his fee in Units instead of cash.

The proceeds of the new Financing were for development on the Kaity Property in Mexico, including permits and associated costs, metallurgical testing, investigations, evaluations and implementation of the Gloria Pilot Mining Project. In addition, the proceeds will be used for option payments on our properties in Mexico, exploration on other properties in Mexico, current accounts payable, general administrative expenses, and working capital.

The Financing is expected to close in early 2020 and will be subject to obtaining the acceptance of the TSXV, and all securities to be issued pursuant to the Financing will be subject to the applicable statutory, exchange and regulatory hold period of four months and any other required resale restrictions.

On behalf of the Board of Directors

For further information, please contact:

Patrick Fernet – (514) 631-2727 or Eugene Braigen – (646) 245-3409 E-mail: pfernet@vvcexploration.com E-mail: eugene@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.

Click here to connect with VVC Exploration Corporation (TSXV:VVC) for an Investor Presentation.

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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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.

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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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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Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ("Copper Fox" or the "Company") and its owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to announce results of the high resolution airborne magnetic and radiometric survey on its 100% owned Sombrero Butte copper project.

Sombrero Butte is a Laramide age, exploration stage, porphyry copper project located in the historic Bunker Hill Mining District, approximately three kilometers ("kms") south of the Copper Creek porphyry copper deposit. Historical production from the project is reported to have occurred between 1903 and 1920 from mineralized breccia pipes at the north end of the property with reports of "low-grade ore assaying 3-5% copper and higher-grade mineralization from along open cuts and tunnels assaying 20-33% copper."

The airborne survey mapped the geophysical characteristics related to the distribution and concentrations of magnetic minerals and radioactive elements to provide a geophysical/geochemical framework to compliment the lithology, structure, and alteration data for the project. The principal task of the 3D susceptibility modelling of the magnetics data was to identify new areas of potential copper and gold mineralization. The highlights of the survey and the 3D modelling are set out below:

Elmer B. Stewart, President, and CEO of Copper Fox, stated, "The spatial correlation of the copper-molybdenum mineralization, chargeability and K/Th anomalies, alteration zoning, mineralized breccia pipes to the magnetic susceptibility body suggests a buried porphyry system located to the east of a N30W trending, west dipping normal fault. The 2022 airborne survey increases our geological understanding and confidence in the porphyry potential of the property. Compilation of all exploration data from the project is underway; the results of which will be used to determine next steps to advance the project."

The Sombrero Butte project exhibits a central core of Laramide age Copper Creek granodiorite intruding early Laramide age Glory Hole Volcanics and PreCambrian age Pinal Schist. The west and east sides of the property are underlain by the younger Miocene age Galiuro Volcanics. The Glory Hole Volcanics and Copper Creek granodiorite have been intruded by late-stage dikes of varying composition including gray porphyry and a significant number of mineralized breccia pipes possibly related to the underlying Copper Creek granodiorite and interpreted porphyry system. On the west side of the property, a N30W trending Range Front Fault brings the Copper Creek granodiorite and the Pinal Schist in contact with the Galiuro Volcanics.

Figure-1: Generalized geology map of the Sombrero Butte project within interpreted cross-section. To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/2177/129363_dfbf75ea5405d996_001full.jpg

Magnetic Vector Inversion has identified a large, positive magnetic susceptibility anomaly measuring approximately 3kms by 1.5kms in the central portion of the property. This magnetic susceptibility body crosses the contacts of the Copper Creek granodiorite, Glory Hole Volcanics and the Galiuro Volcanics. Magnetite destruction within the Glory Hole Volcanics to a maximum depth of +/- 400m below surface is evidenced by an irregular magnetic susceptibility pattern, the N30W trending magnetic lows and mapping completed within this area.

Figure-2: 3D model of magnetic susceptibility body with locations of chargeability anomalies and breccia pipes. To view an enhanced version of Figure 2, please visit: https://orders.newsfilecorp.com/files/2177/129363_dfbf75ea5405d996_002full.jpg

Rocks affected by potassic alteration associated with porphyry copper systems can be detected using airborne radiometric surveys. The survey identified two, positive K/Th anomalies within the Glory Hole Volcanics that exhibit a strong correlation to the magnetic susceptibility body. These anomalies exhibit a variable K/Th pattern consistent with the potassic/phyllic alteration mapped in outcrop and are coincident with previously outlined positive chargeability anomalies. These anomalies are interpreted to represent potassium enrichment possibly associated with a buried porphyry system.

The first K/Th anomaly is located within the large positive magnetic susceptibility body; and exhibits a near surface, strong chargeability signature, mineralized breccia pipes, and copper-molybdenum mineralization associated with potassic and phyllic alteration. The interpreted plunge of the chargeability anomaly and position of the positive magnetic susceptibility are consistent.

The second K/Th anomaly is located on the northwest flank of the positive magnetic susceptibility body; exhibits a deep, positive chargeability signature, mineralized breccia pipes associated with a Laramide age gray porphyry plug and copper-molybdenum mineralization. This anomaly crosses the project boundary to the north.

The coincident K/Th and chargeability anomalies are characterized by large areas of copper-molybdenum mineralization. In the northern portion of the property, previous sampling has outlined an area containing copper-molybdenum mineralization measuring approximately 750m by 750m associated with mineralized breccia pipes and quartz-copper-molybdenum veinlets in outcrop. In the central portion of the property, previous sampling has outlined an area with coincident copper mineralization over an area measuring approximately 2,200m long by 500m wide within which molybdenum mineralization over an area measuring approximately 1,400m long by 500m wide. A threshold of 500 ppm copper and 20 ppm for molybdenum were used to outline the mineralized areas. Using a 200ppm copper and 10 ppm molybdenum threshold, significantly expands the dimensions of both areas.

Mineralized breccia pipes are generally interpreted as an indicator of a buried porphyry system. The breccia pipes within the property occur within a N30W trend and exhibit a strong spatial association to the positive magnetic susceptibility body identified by the Magnetic Inversion. These breccia pipes were the subject of the historical mining activities within the property.

In the center of the property, mineralized breccia pipes and breccias characterized by dickite; a clay mineral indicative of advanced argillic alteration occurs in the Copper Creek granodiorite and the overlying Glory Hole Volcanics. Advanced argillic alteration occurs in other porphyry copper deposits in Arizona.

The survey identified a strong N30W structural fabric underlying the project and two additional N30W trending regional scale faults possibly related to the Range Front Fault located on the west side of the property.

The Sombrero Butte survey block (222-line kms) was flown by Precision GeoSurveys Inc., located in Langley British Columbia using an Airbus AS350 helicopter at 100m line spacing at a heading of 090°/270°. Survey lines were flown at an elevation approximating 33m above ground surface. Tie lines were flown at 1000m spacing at a heading of 000°/180°. A Hemisphere R330 GPS and a Novatel GPS integrated with the AGIS navigation system provide accurate position control.

A Scintrex CS-3 Survey Magnetometer was used to collect magnetic data and a Nuvia Dynamics Advanced Gamma Ray Spectrometer was used to collect radiometric data. Changes in the Earth's magnetic field over time were measured and recorded by two stationary GEM GSM-19T proton precession magnetometers.

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

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

On behalf of the Board of Directors

Elmer B. Stewart President and Chief Executive Officer

For additional information contact: Lynn Ball (844) 484-2820 or (403) 264-2820, investor@copperfoxmetals.com

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and forward-looking information within the meaning of the Canadian securities laws (collectively, "forward-looking information"). Forward-looking information is identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets," "could," "estimates," "expects," "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements regarding; a positive magnetic susceptibility body; two K/Th anomalies; a N30W structural trend underlying the project; coincident N30W trending zones of copper and molybdenum; previously identified chargeability signatures, correlation of the mineralized breccias to N30W trending structures; identification of several new faults and other structures.

In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: the geological advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; and the reliability of historical reports. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.

Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: the interpreted magnetic susceptibility body may not represent a buried felsic intrusive; the dimensions and shape of the mineralized areas may not be as estimated; the surface mineralization may not represent buried porphyry style mineralization; uncertainties relating to interpretation of the outcrop sampling results; the geology, continuity and concentration of the mineralization; the financial markets and the overall economy may deteriorate; the need to obtain additional financing and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other governmental approvals.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129363

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Mink Ventures Corporation (TSXV: MINK.P) ("Mink" or the "Company") is pleased to announce that it has entered into a Letter of Intent dated June 27, 2022 ("LOI") with Voltage Metals Corp. (CSE: VOLT) ("Voltage") with respect to an option to acquire an 80% interest in the Montcalm Ni-Cu-Co project (the "Transaction") which covers 38.8 sq. km and is located adjacent to Glencore's past producing Montcalm Mine which had historical production of approximately 3.9 million tonnes grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2011) The Montcalm project is located 60 km northwest of Timmins, Ontario and has excellent access and infrastructure.

Pursuant to the terms of the LOI, and subject to entering into a definitive agreement (the "Transaction Agreement"), Mink will have the exclusive option to acquire an 80% interest in the Montcalm project from Voltage by making the following cash payments, share issuances and minimum work expenditures:

Mink may accelerate and carry forward any of the cash payments or work expenditures. Upon full exercise of the option, Mink shall assume responsibility for payment of the aggregate 1.25% net smelter returns royalty to the extent of its relative ownership interest in the Montcalm project.

Mink proposes to complete a private placement raising not less than $1,000,000 (the "Private Placement") to fund the phase one work program on the Montcalm project and general and administrative operating expenses. Mink does not plan to make any changes to its board of directors in connection with the Transaction.

The Transaction, when completed, may be considered to be Mink's Qualifying Transaction for the purposes of the TSX Venture Exchange Inc. (the "Exchange"). The Company has requested its common shares to be halted by the Exchange pending review of the materials for the Transaction. Trading in the common shares of the Company is expected to remain halted until the closing or termination of the Transaction.

Mink, a capital pool company within the meanings of the policies of the Exchange, does not have any operations and has no assets other than cash. Mink's business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction under the policies of the Exchange.

Completion of the Transaction is subject to a number of conditions, including but not limited to, successful negotiation of the Transaction Agreement, Exchange acceptance, and the completion of the Private Placement. There can be no assurance that the Transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

This is an initial press release. The Company intends to issue a further press release once it has entered into the Transaction Agreement.

The Exchange has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

Highlights of the Montcalm Project:

Future Exploration Plans which are subject to the completion and recommendations of an NI 43-101 report, which is currently underway, include:

Mr. Kevin Filo, P.Geo. (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this release.

Figure 1. Property Location To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/8332/129344_31316a84e4b80a43_001full.jpg

Figure 2 To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/8332/129344_31316a84e4b80a43_002full.jpg

Mink Ventures Corporation is a Capital Pool Company (CPC) that is focused on identifying and evaluating businesses and assets with a view to completing a Qualifying Transaction (QT). The Company has 8,367,500 shares outstanding.

Voltage is a mineral exploration company with a highly experienced team focused on nickel and other battery metals exploration in the Canadian provinces of Ontario and Newfoundland. The Company looks to create shareholder value by aggregating and exploring projects that possess sound geology and brand-new discovery potential. Voltage has a deep roster of management and key stakeholders, who are expert in the essential resource trifecta of exploration, operations and finance.

For further information about Mink Ventures Corporation please visit www.minkventures.com or contact Natasha Dixon, President & CEO, T: 250-882-5620 E ndixon@minkventures.com

This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future business and operations of Mink. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, general business, economic, competitive, political and social uncertainties; and the delay or failure to receive applicable Board or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. These forward-looking statements are made as of the date hereof and Mink disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129344

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