Anteros Metals Inc. (CSE: ANT) (‘Anteros’ or the ‘Company’) is pleased to announce that it has submitted a formal application under the 2025 Junior Exploration Assistance (‘JEA’) program for its 100%-owned Havens Steady Critical Mineral VMS Property (‘Havens Steady or the ‘Property’) in south-central Newfoundland (Figure 1). The Company’s application seeks participation in both the Critical Mineral Assistance (‘CMA’) and Provincial Critical Mineral Assistance (‘PCMA’) funding streams, which provide enhanced rebates for critical mineral exploration activities in the province.

By leveraging these funding streams, Anteros aims to expand the known mineralization at Havens Steady and work toward defining a new critical mineral deposit for Newfoundland and Labrador.

JEA APPLICATION HIGHLIGHTS

• Havens Steady hosts a polymetallic Volcanogenic Massive Sulphide (‘VMS’) system with significant occurrences of zinc, copper, silver, lead, and gold, qualifying the project for both CMA and PCMA components of the JEA Program.

• Anteros has proposed a diamond drilling campaign comprising four (4) holes of 500 metres each for a total of 2,000 metres. Drilling is designed to step out from existing mineralized zones defined by more than 8,000 metres of historical drilling and intercepts of polymetallic, Kuroko-style VMS mineralization.

• The Company has secured all necessary drilling and exploration approvals from the Mineral Lands Division of Newfoundland and Labrador. Located close to hydroelectric power and a skilled regional workforce, the Property benefits from excellent infrastructure and year-round road access in a mining-friendly jurisdiction.

• The 1,000-metre known strike length is hosted in an altered felsic volcanic sequence, analogous to other large VMS deposits in the Buchans-Victoria Lake area. Historical work has identified multiple untested geophysical anomalies and strong precious-metal (gold-silver) and base-metal (zinc-lead-copper) intercepts. The Company intends to further evaluate these high-priority targets to bolster the province’s growing inventory of critical minerals.

Figure 1: Havens Steady Property location (1:350,000 scale)

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EXPLORATION STRATEGY

Since acquiring the Property in January 2024, Anteros has performed comprehensive digital compilation of historic data, confirming multiple conductive anomalies derived from past airborne electromagnetic surveys and highlighting several zones of high-grade sphalerite, galena, bornite, and chalcopyrite mineralization. Building on these findings and a newly established 3D modeling effort that refines the positions of various mineralized horizons, the Company is undertaking a Phase One exploration program with a CAD $300,000 budget. This initial phase, scheduled to begin in early summer of 2025, will focus on four diamond drill holes designed to extend mineralization along the Property’s known 1,000-metre strike. Drilling targets will be selected using historical drill data, a recently digitized geophysical survey, and detailed structural interpretations of the VMS system, with the aim of delineating higher-grade shoots enriched with copper and gold. Drilling results are expected to inform a future NI 43-101-compliant mineral resource estimate.

PROPERTY HIGHLIGHTS

• Road accessible and situated in a region renowned for rich, Kuroko-type VMS deposits

• Proximal to the past-producing Duck Pond Mine and other major VMS operations within the renowned Buchans Mining District

• 1,000-metre corridor of lead-zinc-silver ± copper-gold mineralization, extending to over 800 metres below surface

• Historic drilled intercepts include:

  • 25.38m of 0.10% Cu, 0.52%Pb, 1.78% Zn, 13.74g/t Ag, and 0.09g/t Au in HS09-21 from 133.77m

  • 59.70m of 0.11% Cu, 0.17% Pb, 0.66% Zn, 8.32g/t Ag, and 0.23g/t Au in HS-87-2 from 9.20m

  • 97.70m of 0.04% Cu, 0.33% Pb, 1.57% Zn, 9.20g/t Ag, and 0.09g/t Au in HS-88-05 from 298.00m

• Historic drilled intercepts of gold and/or copper enrichment, including:

  • 2.72m of 2.1% Cu, 3.6% Pb, 6.17% Zn, 56.42g/t Ag, and 1.82g/t Au in HS09-18 from 97.42m

  • 1.70m of 3.80% Cu, 1.06% Pb, 2.90% Zn, 78.20g/t Ag, and 3.04g/t Au in HS09-21 from 80.80m

  • 0.50m of 3.10% Cu, 0.16%Pb, 0.85% Zn, 23.80g/t Ag, and 0.59g/t Au in HS09-21 from 120.75m

  • 25.38m of 0.10% Cu, 0.52%Pb, 1.78% Zn, 13.74g/t Ag, and 0.09g/t Au in HS09-21 from 133.77m

  • 2.60m of 2.94 g/t Au in HS-87-2 from 13.70m

  • 1.30m of 4.16% Cu in HS-86-86 from 134.7m

• Valid exploration permits in place, ensuring a streamlined 2025 drill program

• Complements the Company’s Strickland VMS property, emphasizing a strategic focus on copper-zinc-lead as critical minerals for project portfolio expansion and economic growth

REGIONAL SETTING

Havens Steady is located within the Central Mobile Belt of the Dunnage Zone in Newfoundland and Labrador, an area underlain by Cambrian to Silurian volcanic and sedimentary sequences, as well as associated intrusive rocks. Situated along the periphery of the Victoria Lake Supergroup, home to several important volcanic assemblages, the Property resides within a mining-friendly jurisdiction that has historically yielded large, polymetallic VMS deposits. Notably, the past-producing Duck Pond Mine, only 15 kilometres away, reported pre-production reserves of 4.078 million tonnes grading 3.29% Cu, 5.68% Zn, 59.3 g/t Ag, and 0.86 g/t Au, in addition to an inferred and measured resource of 1.073 million tonnes of 3.04% Cu, 7.05% Zn, 71.2g/t Ag and 0.8g/t Au (Canadian Mining Journal, Aug 1, 2006).

The district’s record of high-grade copper, zinc, and precious metal production underlines the geological potential of this emerging critical mineral hub.

GEOLOGICAL SETTING

Dominated by felsic volcanic rocks interbedded with graphitic argillites and siltstones, the Property exhibits strong sericitization and silicification, with chloritic alteration intimately associated with massive and stringer sulfide zones (Figure 2). The multiple known mineralized horizons host notable occurrences of sphalerite, galena, chalcopyrite, and bornite. The broader Buchans-Victoria Lake area is known globally for rich polymetallic ore bodies akin to the prolific Kuroko deposits of Japan.

Figure 2: Geology, geophysics, and historical drilling at Havens Steady

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ADDITIONAL INFORMATION

For more information regarding the Newfoundland and Labrador Junior Exploration Assistance Program, please visit: https://www.gov.nl.ca/iet/mines/exploration/mip/jea/

Additional details about Havens Steady and Anteros Metal’s operations are available in the Company’s Investor DECK, downloadable on the Company website:
https://anterosmetals.com/wp-content/uploads/2025/02/Anteros_Deck_February_2025.pdf

QUALIFIED PERSON

The technical information contained in this news release has been reviewed and approved by Jesse Halle, P. Geo., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’). Mr. Halle is independent of Anteros Metals Inc. within the meaning of NI 43-101.

ABOUT Anteros Metals Inc.

Anteros is a multimineral junior mining company using data science to target and acquire highly prospective deposits for exploration and development throughout Newfoundland and Labrador. The Company is currently focused on advancing four key projects across diverse commodities and development horizons. Immediate plans for their flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status as well as commencing baseline environmental and feasibility studies.

On behalf of the Board of Directors,

Chris Morrison
Director

Email: chris@anterosmetals.com
Phone: +1-709-725-6520
Web: www.anterosmetals.com/contact

16 Forest Road, Suite 200
St. John’s, NL, Canada
A1X 2B9

Cautionary Statement Regarding Forward-Looking Information

This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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Silver47 Exploration Corp. (TSXV: AGA) (‘Silver47’ or the ‘Company’) is pleased to announce that it intends to complete a non-brokered private placement of units of the Company (the ‘Units’), at a price of $0.50 per Unit, for aggregate gross proceeds of up to $3 million (the ‘Private Placement’).

Each Unit will consist of one common share in the capital of the Company (each, a ‘Common Share‘) and one-half of one Common Share purchase warrant of the Company (each whole warrant, a ‘Warrant‘). Each Warrant will entitle the holder thereof to purchase one Common Share (each a ‘Warrant Share‘) at a price of $0.75 per Warrant Share for a period of 36 months after the closing date of the Private Placement.

The Private Placement is expected to close on or about March 12, 2025, or on any other date or dates as the Company may determine. Closing of the Private Placement is subject to receipt of conditional acceptance from the TSX Venture Exchange (‘TSXV‘). The Units issued under the Private Placement, and the underlying securities, will be subject to certain resale restrictions such as a hold period of four months and a day from the closing date.

Insiders plan to participate in the Private Placement and the participation of insiders will be considered a related party transaction subject to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under subsections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation in the Private Placement by insiders will not exceed 25% of the Company’s market capitalization.

Net proceeds from the Private Placement will be used to advance exploration drilling at the Red Mountain Project in Alaska and general corporate purposes. The Company may pay certain finders a fee in connection with the sale of Units to purchasers introduced to the Company by such finders. The Company reserves the right to increase the size of the Private Placement to $5 million in the context of the market.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘), or any state securities laws and may not be offered or sold in the ‘United States’ or to ‘U.S. persons’ (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration Corp.

Silver47 wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US. The Flagship Red Mountain silver-gold-zinc-copper-lead VMS-SEDEX project in southcentral Alaska hosts a NI 43-101 inferred mineral resource estimate of 15.6Mt at 7% ZnEq for 1Mt of ZnEq or 335.7 g/t AgEq for 168.6 Moz AgEq at the Dry Creek (DC) and West Tundra Flats (WTF) resource areas as combined open pit and underground. Silver47 shares trade on the TSXV under the ticker symbol AGA. For more information about Silver47, please visit our website at www.silver47.ca.

No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the 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 release.

FORWARD-LOOKING STATEMENTS

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, including statements relating to the approval of the TSXV, use of proceeds from the Private Placement and the Closing Date or other similar expressions and all statements, other than statements of historical fact included herein. 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 risks relating to the Company’s failing to obtain the requisite regulatory (including the TSXV) approvals for the engagement of High Tide on the terms described in the Contractor’s Agreement and the additional risks identified in the Company’s long form prospectus dated October 25, 2024 filed under its issuer profile on SEDAR+ and other reports and filings with the TSXV and applicable Canadian securities regulators. 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.

Not for distribution to United States Newswire Services or for dissemination in the United States

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Awalé Resources Limited (TSXV: ARIC) (‘Awalé’ or the ‘Company’) is pleased to announce that it has been recognized as one of the top 50 performing companies on the TSX Venture Exchange (‘TSXV’).

TSX Venture 50 is an annual ranking of the top-performing companies over the last year on the TSX Venture Exchange, a world-leading capital formation platform for early-stage growth firms. The companies are ranked based on three equally-weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value.

‘Awalé is honoured to be recognized as a top-performing company in the 2025 TSX Venture 50,’ said Andrew Chubb, CEO of Awalé. ‘2024 was a transformational year, with drilling at the Odienné Project in Côte d’Ivoire confirming a rapidly expanding high-grade gold system and delivering some of the most significant gold intercepts in Africa in recent years, including 57m @ 26 g/t Au in hole OEDD-83 and 59m @ 14.7 g/t Au in hole OEDD-100 at the Charger target. The continued expansion of mineralized trends and new discoveries further highlight the district-scale potential of Odienné, reinforcing Awalé’s position as a leader in exploration. With strong momentum, a clear vision, deep technical expertise, and a strong balance sheet, we remain committed to driving value and long-term success for our shareholders and stakeholders.’

About Awalé Resources

Awalé is a diligent and systematic mineral exploration company focused on discovering large high-grade gold and copper-gold deposits. Exploration activities are currently underway in the underexplored regions of Côte d’Ivoire, where the Company is focused on the Odienné Copper-Gold Project (‘Odienné‘ or the ‘Project‘), covering 2,489 km² across seven permits. This includes 796 km² in two permits held under the Awalé-Newmont Joint Venture (‘OJV’). Awalé manages all exploration activities over the OJV, with funding provided by Newmont Joint Ventures Limited (‘Newmont‘).

Awalé has discovered four gold, gold-copper, and gold-copper-silver-molybdenum discoveries within the OJV and has recently commenced exploration on its 100%-owned properties following an $11.5 million capital raise in April 2024.

The Project is underexplored and has multiple pipeline prospects with similar geochemical signatures to Iron Oxide Copper Gold (IOCG) and intrusive-related mineral systems with substantial upside potential. The Company benefits from a skilled and well-seasoned technical team that allows it to continue exploring in a pro-mining jurisdiction that offers significant potential for district-scale discoveries.

AWALÉ Resources Limited
On behalf of the Board of Directors

‘Andrew Chubb’
Chief Executive Officer

The Company’s public documents may be accessed at www.sedarplus.com. For further information on the Company, please visit our website at www.awaleresources.com.

Forward-Looking Information

This press release contains forward-looking information within the meaning of Canadian securities laws (collectively ‘forward-looking statements’). Forward-Looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-Looking statements in this press release include but are not limited to statements regarding, the Company’s presence in Côte d’Ivoire and ability to achieve results, creation of value for Company shareholders, achievements under the Newmont JV, works on other properties, planned drilling, commencement of operations. Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company’s management’s discussion and analysis as filed under the Company’s profile at www.sedarplus.ca. Forward-Looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company 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. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

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.

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