Getchell Gold Corp. Intersects Shallow High-Grade Gold At North Fork Zone Returning 17.7 G/t Au Over 9.9 M Within A Broader 120-Metre Mineralized Interval, Fondaway Canyon, NV |

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to provide the remaining results for drill hole FCG22-17 that targeted the high-grade North Fork zone at the Fondaway Canyon gold project in Nevada.

"Drill hole FCG22-17 reaffirms the high-grade, high-concentration, and broad-expanse of gold mineralization at the North Fork zone." states Mike Sieb, President, Getchell Gold Corp. "Every drill hole continues to contribute to our understanding and modelling, as well as continues to push the boundaries of the mineralizing system at Fondaway Canyon."

Drill hole FCG22-17, the first drill hole of the 2022 drill program at Fondaway Canyon (the "Project"), is the first in a series of holes tasked with delineating the high-grade gold discovered by FCG21-16, the last drill hole of the 2021 drill program.

FCG21-16 encountered a high-grade gold interval grading 6.3 g/t Au over 50.7 m (117.5-168.2 m drill depth) that includes 10.4 g/t Au over 25.0 m (139.9-164.9 m) (Company news release dated February 15, 2022). This latter interval contained 12 samples reporting >10 g/t Au revealing strong internal high-grade gold consistency.

FCG22-17 was collared on the canyon floor, at the junction of Fondaway Canyon and the North Fork branch, on the same drill pad as hole FCG21-16 (Figures 1 and 2). FCG22-17 was designed to target the North Fork mineralized zone as a 25m step out to the northwest from the high-grade intercept encountered in FCG21-16.

FCG22-17 intersected significant gold mineralization grading 5.4 g/t Au over 51.9 m at a shallow down-hole depth of 66.1 m including an exceptionally high-grade gold zone grading 17.7 g/t Au over 9.9 m (94.7-104.6 m) (Figures 3 and 4). This latter interval contains ten consecutive samples reporting >9 g/t Au revealing strong internal high-grade gold consistency (Previously reported in Company news release dated June 15, 2022).

The 51.9 m interval was closely followed by two intervals grading 2.0 g/t Au over 22.9 m (129.1-152.0 m) and 1.9 g/t Au over 15.9 m (169.9-185.8 m) that combined for an overall gold mineralized zone spanning 120 m downhole.

Figure 1: Fondaway Canyon Plan Map highlighting Getchell's 2020, 2021, and 2022 drilling.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3941/131891_9dd254f8c46119b2_001full.jpg

Figure 2: Fondaway Canyon Plan Map highlighting Getchell's drill holes relative to previous drilling.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3941/131891_9dd254f8c46119b2_002full.jpg

Figure 3: Cross-section highlighting gold intervals in drill holes FCG21-16 and FCG22-17.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3941/131891_9dd254f8c46119b2_003full.jpg

Figure 4: Cross-section highlighting individual sample gold assays in drill holes FCG21-16 and FCG22-17.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3941/131891_9dd254f8c46119b2_004full.jpg

Table 1: Drill Hole FCG22-17 Notable Gold Intervals

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Fondaway Canyon Drill Program Update

Five holes have been completed (FCG22-17 to 21) to date, totalling 1,867m, during the 2022 drill program at Fondaway Canyon.

Holes FCG22-18 and 19, collared on the same pad as FCG22-17, were respectively designed to test the immediate up-dip and down-dip extent of the mineralization encountered in hole FCG21-16, with FCG22-18 testing the further extent of the North Fork gold zone to the northeast in an area absent of any drilling.

FCG22-20, a vertical drill hole, was designed to test the mineralization directly below the Colorado Pit in an area relatively absent of drilling.

FCG22-21, stationed midway up the north slope of Fondaway Canyon, was designed to crosscut the Colorado SW zone of mineralization to assist with modelling and to test the extents of the mineralization to the northwest. Additional holes are planned from this setup but due to the need to expand the drill pad and sump to accommodate additional drilling, the drill has been moved back to the canyon floor in the interim to continue to expand on the North Fork gold zone.

Star Cu-Au-Ag Project Drill Program Update

Drill hole SG22-01, the first drill hole at the Star project, targeting a large multi geophysical survey line anomaly underlying the high-grade copper, gold, and silver mineralization at surface at the Star South occurrence has been completed to depth with assays pending.

SG22-02, situated four kilometres to the north and targeting a large geophysical anomaly underlying the past producing Star Point copper mine, is in progress.

The majority of the 2022 drill core from both projects is in the lab with assays are pending.

Scott Frostad, P.Geo., is the Qualified Person (as defined in NI 43-101) who reviewed and approved the content and scientific and technical information in the news release.

The 2022 drill core is being processed using the same methods as the 2020 and 2021 drill programs. The core is cut at Bureau Veritas Laboratories' ("BVL") facilities in Sparks, Nevada, with the samples analyzed for gold and multi-element analysis in BVL's Sparks, Nevada and Vancouver, BC laboratories respectively. Gold values are produced by fire assay with an Atomic Absorption finish on a 30-gram sample (BV code FA430) with over limits re-analyzed using method FA530 (30g Fire Assay with gravimetric finish). The multi-element analyses are performed by ICP-MS following aqua regia digestion on a 30g sample (BV code AQ250). Quality control measures in the field include the systematic insertion of standards and blanks.

Highlighted drill intervals are based on a 0.25 g/t Au cut-off, minimum interval lengths of 3.3 metres (10 feet), and a maximum of 3.3 metres of internal dilution, with no top cut applied. All intervals are reported as downhole drill lengths and additional work is required to determine the true width.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate and on the Star project, a past high-grade copper, gold, and silver small-scale producer. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and one earlier stage exploration project, Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

For further information please visit the Company's website at www.getchellgold.com or contact the Company by e-mail at info@getchellgold.com or by phone at +1 647 249-4798.

Mr. William Wagener, Chairman & CEO Getchell Gold Corp.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the use of proceeds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: use of proceeds from the financing Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

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Getchell Gold Corp. (CSE:GTCH,OTCQB:GGLDF) is a mineral exploration company advancing its growing portfolio of gold and copper projects in the premier mining jurisdiction of Nevada.

Getchell Gold’s flagship Fondaway Canyon features a significant historical gold resource, and the 2020 and 2021 drill programs both extended broad zones of mineralization and discovered new high grade zones. The company is also actively exploring the Copper-gold-silver Star Project, and owns the Dixie Comstock gold and Hot Springs Peak gold projects.

Getchell Gold has stated that it will be one of the more active explorers in the region in 2022. The company has secured two drill rigs, which will allow the maiden drilling program at the Copper-Gold-Silver Star Project to commence in early 2022, and for the Fondaway Canyon drill program to proceed for the entire drilling season. Getchell Gold and its projects benefit from Nevada’s prominence as one of the top mining jurisdictions in the world due to the state’s mineral-rich geology, clear and consistent permitting process, low-cost drilling, excellent access to infrastructure and well-established local labor pool. Nevada boasts 23 major gold mines and is ranked fourth in the world for gold production, producing 5.5 million ounces of gold annually.

Getchell Gold is managed by a team of mining professionals and resource-based capital market specialists. Bill Wagener, CEO, is a seasoned mining executive with over 40 years of international mining and exploration experience in a variety of commodities. President Mike Sieb, a very experienced geologist and mining executive, is taking an active role in directing the Company’s exploration activities.

The western extent of Fondaway Canyon was the site of major activity, tungsten exploration and mining, from 1956 through to 1976 until gold was discovered farther up the canyon to the east in 1977. Since then there have been various operators conducting multiple exploration and drill campaigns (>600 drill holes), at least two periods of underground exploratory development and two periods of small-scale open-pit mining (~200,000 tons of oxide ore). The most recent exploration occurred in 2017, when Canarc Resource Corp. (“Canarc”) drilled 7 holes collared across the project area.

Prior to the 2017 drill program, Canarc commissioned a Technical Report authored by Techbase International Ltd. reporting a historical Indicated resource estimate of 409,000 gold ounces contained in 2,050,000 tonnes grading 6.18 g/t and Inferred resource estimate of 660,000 gold ounces contained in 3,200,000 tonnes grading 6.4 g/t, using a 1.8 m width cut-off and a cut-off grade of 3.43 g/t gold. Of note, the historical resource estimate does not include the 7 holes Canarc drilled in 2017, which all intersected multi-gram mineralization both inside and outside of the area of the historical estimate.

Re-evaluating the historic resource estimates at a variety of cutoff grades and mining widths could add ounces to Fondaway Canyon. This re-evaluation is expected to also provide direction for the development of a comprehensive exploration program.

The historical 2017 technical report also reported on significant metallurgical testing that included a sizable bulk sampling program. Using an oxidize pre-treatment followed by CIL leaching yielded gold recoveries of 86 percent to 95 percent. Using a two-product flotation circuit, producing a carbon concentrate, then a sulfide concentrate, followed by CIL leaching of the flotation tails, yielded gold recoveries from 93 percent to 95 percent.

Fondaway Canyon hosts multiple untested exploration targets, including near-surface oxide gold along favorable structural and host rock targets and deeper extensions of the sulfide zones. One of the most significant opportunities includes a lower grade halo around the resource shell unaccounted for in the historical resource estimate. In addition, there is significant exploration upside along trend and under-explored infill areas of the known gold occurrences, and all of the mineralized zones remain open to depth.

The Star Point property is an early-stage gold-copper project covering 1,600 hectares in Pershing County, Nevada. Located on the West Central Rift of the Northern Nevada Rift which hosts the prolific Sleeper deposit, the Star Point property has large scale mineralization potential. The project contains three surface mineralized project areas named Star Point, Star South and HS Canyon.

The property has four identified mineralized targets, including known copper mineralization with possible mineralized porphyry connection to concealed intrusion, Phoenix-style intrusive copper-related and potential skarn-hosted gold, potential Carlin-style sediment-hosted gold identified by sampling and geophysics and a potential gold target under pediment identified by geophysics. Exploration of these four targets to date includes mapping, sampling and geophysics.

Star Point is the site of a historic, near-surface, mining operation underlain by a magnetically defined intrusion. The IP-Resistivity survey over the intrusion returned chargeability and resistivity highs that have been interpreted as potential copper sulfide mineralization, possibly intrusion-related. Surface sampling returned grades up to 3.23 percent copper.

The Star South is a historic artisanal shallow mining area that contains surface copper-gold oxide mineralization along northeast-trending faults and along the thrust fault boundary at the surface. An IP-Resistivity survey returned elevated chargeability and a resistivity high indicating the presence of a strong conductor. Surface sampling returned grades up to 2.65 percent copper. A target to the west of Star South in the pediment was identified by geophysics which indicated that there is a shallow strong chargeability for intrusion-related mineralization at a nearby magnetic high

The HS Canyon is a new target on the BVP property defined by the IP/Resistivity survey as a downward continuation of surface Carlin-style alteration and gold mineralization. During mapping, 0.5 g/t gold mineralization was discovered.

The Dixie Comstock gold project covers 26 unpatented lode claims in Churchill County, Nevada. The project hosts a low-sulfidation epithermal system localized along an east-dipping range-front normal fault (Dixie Comstock Mine Fault) on the east flank of the Stillwater Range Mineralization.

The original gold discovery occurred in April 1934. By 1940 a 200-foot decline shaft and a 100-foot vertical shaft with four levels at 38ft, 57ft, 73ft and 88ft had been developed. A 40-ton amalgamating mill with a flotation circuit was constructed to treat the ore at site.

The majority of the historic mining occurred prior to 1942 when the War Production Board issued a limitation work order under which the Dixie Comstock Mine was shut down after producing 17,880 tons of gold-silver ore. The ratio of gold:silver was reported to be 2:3, with a “gold equivalent” grade of 0.793 oz/ton. In subsequent years, sporadic small-scale mining occurred, but the majority of activities focused on further delineation of the gold mineralization with 180 holes drilled in close vicinity to the mine workings over multiple drill campaigns and operators.

A historical resource estimate was conducted for the project, but Getchell is not relying on this estimate and a qualified person for Getchell Gold Corp. has not done sufficient work to confirm the historic resources.

The Hot Springs Peak (HSP) property is an early-stage gold exploration project in Humboldt County, Nevada. The HSP gold project has seen limited exploration, but there are indications of a Carlin-style alteration system. The property is located within the Northern Nevada Rift, which is home to numerous mines and deposits and is at a structural intersection similar to the Barrick and Newmont’s Getchell Gold Mine.

Drilling by Getchell Gold in the summer of 2019 had positive results including in hole HSP-RC5 which intersected a 26-meter gold-arsenic zone. The zone averages 0.133 g/t gold with one interval running 0.69 g/t gold.

William Wagener is an internationally experienced mining executive who has been involved in the exploration, development and operation of resource projects across the globe in a variety of commodities. He has held numerous executive positions in publicly traded resource companies. Wagener received a Bachelor of Science in Mining Engineering from the University of Missouri – Rolla.

Before becoming president of Getchell Gold, Mike Sieb served as a director since December, 2018. He has also been a director and officer of numerous publicly traded companies over his 30 year career with his expertise extending across multiple commodities and jurisdictions. He is currently President of Explorex Resources Inc., focused on the acquisition and development of international cobalt projects and other elements critical to the battery sector; and he is Senior Project Manager for the development stage Mariana Lithium Brine Project in Argentina. Mike Sieb holds an MBA and a Bachelor of Science degree in Geology.

Jerry Bella is an independent financial consultant with over 40 years of experience assisting numerous private and publicly-traded companies including oil and gas, exploration, mineral resource exploration, manufacturing and high tech companies. Until recently, he has been providing services to a multi-billion-dollar market capitalized leading China based integrated lithium producer.

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") announces that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers, and consultants of the Company, to purchase up to an aggregate of 2,110,000 common shares of the Company. The stock options are exercisable at a price of $0.57 per share and will expire five years from the date of grant.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

The Company reiterates that its near-term strategy to advance its assets is not impacted by the COVID-19 Corona virus. The Company continues to monitor the situation and is in compliance with all government guidelines.

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.

Mr. William Wagener, Chairman & CEO

Getchell Gold Corp. 1-647-249-4798 info@getchellgold.com

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

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Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announce the engagement of Apex Geoscience Ltd. ("Apex") of Edmonton, AB, to conduct a resource estimation ("2022 Resource Estimate") for the Fondaway Canyon gold project in Nevada.

– Three drill campaigns completed plus one ongoing drill program conducted; – Significant discoveries and expanded gold zones; and – Consistently successful drill results;

"We have been and continue to be extremely successful in our drill programs and look forward to formally quantifying the mineralization defined to date." states Mike Sieb, President, Getchell Gold Corp. "I expect this is only the first such exercise as we continue to expand and delineate the extensive gold mineralizing system so readily evident at Fondaway Canyon."

Fondaway Canyon is an advanced stage gold property with a large historic resource located in Churchill County, Nevada. Gold was first discovered in Fondaway Canyon in 1977 and over the intervening 40+ years has been the subject of multiple exploration campaigns along a 3.5 km E-W gold mineralized corridor (Figure 1) totaling over 700 reverse circulation and core drill holes, small-scale open pit mining of the oxidized zone at surface, and underground development for exploration and bulk sampling.

There have been three drill campaigns completed (Canagold Resources Ltd. in 2017, Getchell in 2020 and 2021) and one ongoing (Getchell 2022) subsequent to the release of a historic resource estimate in early 2017 by a past operator.

The full complement of the 2017, 2020, and 2021 drill results combined with any drill results received from the current drill program up to a July 31, 2022, cut off date will be incorporated in the 2022 Resource Estimate. The completion of the 2022 Resource Estimate and supporting NI43-101 technical report is targeted for late September 2022.

There have been significant advancements and discoveries since the publishing of the historic resource estimate. The delineated envelope of the gold mineralization in the Central Area has considerably expanded with the to-date defined mineralization ranging 600 metres E-W along strike, 800 metres down dip to the SW, and approximately 100 metres thick. Within this envelope, substantial and very high-grade shear vein structures with significant depth extents contribute to the potential. The drilling has yet to test the full extent of the gold mineralization and the mineralization remains open in most directions.

Figure 1: Fondaway Canyon Gold Project 3.5 km E-W Gold Corridor, Aerial View.

To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/3941/128700_7a5a0b865438189f_001full.jpg

Below is a partial selection of drill intervals (Table 1) drilled by the Company in recent years that demonstrate some of the broad high-grade intervals characteristic of the gold mineralization encountered at Fondaway Canyon and will be incorporated in the 2022 Resource Estimate.

Table 1: Selected Drill Highlights - 2020 to 2022 Getchell Gold Intervals

Of note, additional drilling, both infill and extensional, will be required to further define and add to the gold mineralization model at Fondaway Canyon.

As part of the continuing series of webinars to apprise the shareholders of ongoing activities and developments, President Mike Sieb and the Getchell team will host a live webinar on July 12.

All interested Media and investors are invited to Register here: https://app.livestorm.co/getchell-gold/getchell-gold-nevada-exploration-highlights?type=detailed

The Company has posted significant news in 2022, starting with the release of the results from the last hole of the 2021 drill program at Fondaway Canyon, FCG21-16, targeting the North Fork zone (Company news release dated February 15, 2022). FCG21-16 encountered a gold interval grading 6.3 g/t Au over 50.7m that includes a higher-grade core returning 10.4 g/t Au over 25.0m and represents the greatest 'gold grade x thickness' value in the 40+ year history of gold exploration and mining at the Project.

Drill hole FCG22-17, the first drill hole of the 2022 drill program at Fondaway Canyon, designed to further delineate the gold interval encountered by FCG21-16, intersected high-grade gold mineralization at a shallow depth of 66.1 m down hole grading 17.7 g/t Au over 9.9 m within a broader zone grading 5.4 g/t Au over 51.9 m (Company news release dated June 15, 2022). Of note, assay results from FCG22-17 have been returned to a depth of 119.5 m and assays are pending for the remainder of the hole.

With two active drill rigs, one at the Fondaway Canyon gold project and the other at the Star Copper-Gold-Silver project, the Company expects drill results to be released through 2022.

This event will feature a live Question & Answer session and is open to all media and interested investors.

Apex is a privately-owned, independent geological consulting company that provides high quality, cost effective and timely geological consulting services to exploration companies, government, and non-government organizations. Apex has experience in all aspects of the mineral exploration industry from initial assessment and NI 43-101 reporting through to mining including the identification and outlining of resources. They specialize in managing large mine site and exploration databases, digital capture of historic datasets, and combining rigorous geostatistical analysis with modern geological, geochemical, and drill datasets to create concise 3D models that result in discovery and expansion of resources.

Apex has wide-ranging Nevada Carlin-type gold experience, including the completion of multiple mineral resource estimates and preliminary economic assessments for various companies across the region.

Scott Frostad, P.Geo., is the Qualified Person (as defined in NI 43-101) who reviewed and approved the content and scientific and technical information in the news release.

The true thickness of the gold intervals disclosed herein are not yet known, further work will be required to determine the true thickness.

The 2020, 2021, and 2022 drill core was cut at Bureau Veritas Laboratories' ("BVL") facilities in Sparks, Nevada, with the samples analyzed for gold and multi-element analysis in BVL's Sparks, Nevada and Vancouver, BC laboratories respectively. Gold values were produced by fire assay with an Atomic Absorption finish on a 30-gram sample (BV code FA430) with over limits re-analyzed using method FA530 (30g Fire Assay with gravimetric finish). The multi-element analysis was performed by ICP-MS following aqua regia digestion on a 30g sample (BV code AQ250). Quality control measures in the field included the systematic insertion of standards and blanks.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant historic resource estimate and on the Star project, a past high-grade copper, gold, and silver small-scale producer. Complementing Getchell's asset portfolio are Dixie Comstock, a past gold producer with a historic resource and one earlier stage exploration project, Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

For further information please visit the Company's website at www.getchellgold.com or contact the Company by e-mail at info@getchellgold.com or by phone at +1 647 249-4798.

Mr. William Wagener, Chairman & CEO Getchell Gold Corp.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the use of proceeds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

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Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to provide partial results for drill hole FCG22-17 that targeted the high-grade North Fork zone at the Fondaway Canyon gold project in Nevada.

"This is a spectacular start to the 2022 drill program especially with the discovery of high-grade gold mineralization lying shallow below the canyon floor," states Mike Sieb, President, Getchell Gold Corp. "The mineralizing system at Fondaway Canyon continues to impress and we wait with anticipation for what the year will bring."

"Marking how truly exceptional this is, the FCG21-16 interval returned the greatest 'gold grade x thickness' value in the 40+ year history of gold exploration and mining at the Project and likely represents a major high-grade conduit for the gold mineralizing system at Fondaway Canyon." stated Mike Sieb, President, Getchell Gold Corp.

Hole FCG22-17 was collared on the canyon floor, at the junction of Fondaway Canyon and the North Fork branch, on the same drill pad as hole FCG21-16 (Figure 1). FCG22-17 was designed to target the North Fork mineralized zone as a 25m step out to the northwest from the high-grade intercept encountered in FCG21-16 (Figure 2).

Fire assay gold results have been received down to a drill depth of 119.5 m. This represents only a partial return of results. Assays are pending for the remainder of the hole to an end-of-hole depth of 348.7m.

FCG22-17 intersected gold mineralization considerably shallower than anticipated at a down-hole depth of 66.1 m with a significant gold interval extending down to the last sample returned to date.

Figure 1: Fondaway Canyon looking southeast highlighting the 2020, 2021, and 2022 drilling.

To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/3941/127816_5bd5ca52a4fa192f_001full.jpg

Figure 2: Plan Map, North Fork Zone highlighting 2022 drilling in relation to drill hole FCG21-16.

To view an enhanced version of Figure 2, please visit: https://orders.newsfilecorp.com/files/3941/127816_5bd5ca52a4fa192f_002full.jpg

Figure 3: Cross-section highlighting gold intervals in drill holes FCG21-16 and FCG22-17.

To view an enhanced version of Figure 3, please visit: https://orders.newsfilecorp.com/files/3941/127816_5bd5ca52a4fa192f_003full.jpg

An exceptionally high-grade gold zone grading 17.7 g/t Au over 9.9 m (94.7-104.6 m) was encountered within a broader zone grading 5.4 g/t Au over 51.9 m (66.1-118 m) (Figure 3 and Table 1). This interval contains ten consecutive samples reporting >9 g/t Au revealing strong internal high-grade gold consistency.

The FCG22-17 gold interval reported to date sits vertically higher than FCG21-16's gold interval. Receipt of the pending assay results will assist the Company in determining the relationship of the gold interval encountered in FCG22-17 with FCG21-16's gold interval and to the degree it adds to the mineralization model.

Table 1: Drill Hole FCG22-17 Notable Gold Intervals

To view an enhanced version of Table 1, please visit: https://orders.newsfilecorp.com/files/3941/127816_5bd5ca52a4fa192f_004full.jpg

A second drill hole has been completed. Hole FCG22-18, collared on the same pad as FCG22-17 (Figure 2), was designed to test:

FCG22-18 was completed to a drill depth of 437.1 m with the bottom of the hole representing a 100 m step out from the closest North Fork gold zone drill intercept. Assays are pending.

Scott Frostad, P.Geo., is the Qualified Person (as defined in NI 43-101) who reviewed and approved the content and scientific and technical information in the news release.

The 2022 drill core is being processed using the same methods as the 2021 drill program. The core is cut at Bureau Veritas Laboratories' ("BVL") facilities in Sparks, Nevada, with the samples analyzed for gold and multi-element analysis in BVL's Sparks, Nevada and Vancouver, BC laboratories respectively. Gold values are produced by fire assay with an Atomic Absorption finish on a 30-gram sample (BV code FA430) with over limits re-analyzed using method FA530 (30g Fire Assay with gravimetric finish). The multi-element analyses are performed by ICP-MS following aqua regia digestion on a 30g sample (BV code AQ250). Quality control measures in the field include the systematic insertion of standards and blanks.

For further information please visit the Company's website at www.getchellgold.com or contact the Company by e-mail at info@getchellgold.com or by phone at +1 647 249-4798.

Mr. William Wagener, Chairman & CEO

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127816

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Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announce the commencement of the maiden drill program at the Company's Star project that comprises two main mineralized occurrences, the formerly producing Star Point copper mine and the Star South Cu-Au-Ag prospect, located in Pershing County, NV.

"Having successfully closed a non-brokered financing this week to top up our treasury, we can now fully focus on drill testing the copper targets at the Star project and further delineating the extensive gold zones at the advanced exploration stage Fondaway Canyon project." states Mike Sieb, President, Getchell Gold Corp. "The Getchell team is thrilled to have two active drill rigs on the ground at two different Nevada projects. We look forward to sharing exploration results through the end of this very active 2022."

The Star Copper-Gold-Silver property ("Star" or "Project") is situated in Pershing County, Nevada, approximately 65 kilometres to the North of the Company's flagship Fondaway Canyon gold project that has produced numerous discoveries over the last two years and continues to be advanced.

The Star Point Copper Mine is the site of a historic, near surface, high-grade copper oxide (tenorite) mine that operated from the late 1940s through the mid-1950s. The ore produced was shipped to a smelter in Utah for processing, but there is no record of shipped tonnage or grade.

The surface area is covered with various pits, portals, shafts, open cuts, and associated dumps. The underground development consists of several short shafts, winzes and tunnels of varying length leading to a series of stopes and drifts. The high-grade copper mineralization (i.e., malachite as the green and azurite as the blue copper carbonate hydroxide) is associated with quartz veins hosted within shear zones and the dumps contain numerous strongly mineralized specimens of this material.

The Star South prospect, located 2 kms south of the Star Point Mine, is comprised of a series of pits, artisanal adits and associated dumps (Figure 1). The adits appear to follow high-grade copper-gold-silver mineralization hosted within quartz veins that are associated with shears trending in several different orientations. As with Star Point, malachite and azurite mineralization is abundant (Figures 2 and 3) and indicative of a high copper content, with Star South being additionally enriched in gold and silver (Table 1).

Figure 1: Star South Prospect showing a series of pits, artisanal adits and associated dumps

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Figure 2: A Star South adit showing green malachite (copper) mineralization dump rocks

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Figure 3: Select high grade dump grab samples at Star South

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Table 1: Star South notable sampling results sorted by metal weighting:

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As part of the 2011 sampling campaign 89 samples* were collected with the vast majority sourced from the dumps in the area. A significant portion of the samples collected reported impressive grades of copper, gold and silver in combination. Of the 89 samples collected, 40 samples grade >1% Cu, 21 samples grade >1 g/t Au with 3 reporting >5 g/t Au, and 20 samples grade >30 g/t Ag with 5 reporting >100 g/t Ag.

The high-grade mineralization reporting at surface is interpreted as resulting from the mobilization of mineralized fluids derived from a larger source at depth.

To determine the potential of a mineralized body at depth, Induced polarization ("IP") geophysical surveys were conducted in 2018 and 2020. The IP survey results in conjunction with previous geophysical survey responses (e.g. magnetometer and gravimetric surveys), geology and structural interpretations, have identified a number of discrete priority drill targets.

The priority drill targets primarily exhibit coincident low-resistivity high-chargeability response signifying a highly conductive target and classic characteristics of porphyry style mineralization and alteration.

The first drill hole at the Star project is targeting a large multi geophysical survey line anomaly that links up with the high-grade copper, gold, and silver mineralization at surface at the Star South occurrence (Figures 4 and 5).

Figure 4: Drill Hole SG22-01 at Star South (looking SW)

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Figure 5: Designed trace of drill hole SG22-01 targeting large geophysical anomaly at Star South

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Scott Frostad, P.Geo., is the Qualified Person (as defined in NI 43-101) who reviewed and approved the content and scientific and technical information in the news release.

* The Star Project grab samples were collected during two separate sampling campaigns in 2011 by the current operator. The vast majority of the samples collected were sourced from the various mine-waste dumps populating the property and represent materials extracted from the adjacent workings. Of note, rock grab samples are by definition selective and not intended to provide nor should be construed as a representative indication of grade or mineralization at the Project. Grab samples are solely designed to show the presence or absence of mineralization, and to characterize the mineralization. The grab samples reported from the project reflect a broad range in grade from below detection limit to the grades highlighted herein.

Samples were processed in two batches and analyzed at two certified analytical laboratory, ALS Global ("ALS") in Reno and American Assay Laboratories ("AAL") in Sparks, Nevada. Rock samples were processed similarly at both labs by drying followed by crushing so 70% passed through a 2mm screen. A 250g split, was then pulverized so that 85% passed through a 75μm screen. All samples were analysed for gold by standard fire assay using a 30g aliquot. Digestion of a 0.5g aliquot was done by Aqua Regia and finished by 39 element ICP-AES/MS at AAL or 51 element ICP-AES/MS at ALS. Samples with over limit silver, copper and lead were re-analysed and digested in assay grade Aqua Regia and finished by ICP-AES at ALS while over limit silver samples were re-analysed using a 30g aliquot by fire assay with a gravimetric finish at AAL.

For further information please visit the Company's website at www.getchellgold.com or contact the Company by e-mail at info@getchellgold.com or by phone at +1 647 249-4798.

Mr. William Wagener, Chairman & CEO

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

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Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announce it has closed a non-brokered private placement. The Company issued 4,382,000 units (each a "Unit") at a price of $0.40 per Unit for aggregate gross proceeds of $1,752,800 (the "Private Placement").

Each Unit consists of one common share and one-half of one warrant (each whole warrant, a "Warrant") of the Company. Each Warrant entitles the holder to acquire one additional common share at a price of $0.60 per share for a period of two years from the date of closing.

The proceeds from the Private Placement will be used for exploration and development of the Company's properties and general working capital.

In connection with the Private Placement, the Company has agreed to pay finder's fees consisting of an aggregate of $91,200 in cash and 228,000 non-transferable finder's warrants (the "Finder's Warrants"). Each Finder's Warrant entitles the holder to acquire one common share at a price of $0.45 per share for a period of two years from the date of closing.

The securities issued in connection with the Private Placement are subject to a statutory four month hold period expiring on October 1, 2022, in accordance with applicable securities laws.

The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.

The Company is a Nevada focused gold and copper exploration company trading on the (CSE: GTCH) and (OTCQB: GGLDF). Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.

Mr. William Wagener, Chairman & CEO

Getchell Gold Corp. +1 647 249 4798 info@getchellgold.com

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

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FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") announces that a total of 2,640,000 stock options have been granted to the Company's directors, officers and employees. The options have an exercise price of $0.50 per share and will expire on July 28, 2027 .

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at www.fpxnickel.com or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .

On behalf of FPX Nickel Corp. "Martin Turenne" Martin Turenne , President, CEO and Director

Forward-Looking Statements Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

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

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East dyke swarm has multiple Li-bearing (spodumene) dykes up to 27 m wide, located 600 m to the east of the Kraken discovery dyke

Sokoman Minerals Corp. (TSXV:SIC) (OTCQB:SICNF) ("Sokoman") and Benton Resources Inc. (TSXV:BEX) ("Benton") together, (the "Alliance") are pleased to update shareholders on the drilling progress at both the Kraken Lithium and Grey River Gold projects in southwest Newfoundland

Early in 2022, the Alliance completed the first-ever drill campaign for lithium on the Island of Newfoundland at the Kraken Lithium discovery on the Golden Hope JV Project. Six diamond drill holes tested the original Kraken discovery-dyke area where selective surface grab samples returned values from trace up to 2.37% Li2O. The winter drilling program verified the existence of significant lithium-rich dykes flanking the regional Bay d'Est Fault where hole GH-22-01 intersected 0.94% Li2O over 8.4 m. Important structural information was obtained from the drilling including the presence of relatively flat-lying dykes, as well as folding in the system. The flat-lying dykes are significant, in that the bulk of the lithium mineralization at Piedmont Lithium's Piedmont project in North Carolina lies in flat-lying dykes linking subvertical dipping dykes.

In May and June, 2022, the Alliance constructed a ten-man exploration camp and mobilized an excavator and diamond drill rig to the project site. To date in this exploration phase, the Alliance has completed further mapping, prospecting, trenching, and an additional 2392 m of drilling in 13 drill holes. The new drilling has targeted the East Dyke swarm, which is 600 m to 650 m to the east of the Kraken discovery dyke, intersecting multiple spodumene-bearing pegmatite dykes, over core lengths of up to 27 m while also gaining a better understanding of the geological setting of the dykes for future targeting.

The drill program is shut down for a scheduled crew break with drilling to recommence in two weeks. The Alliance will continue with regional exploration in the area including mapping, prospecting and soil geochemical sampling over this large and prospective area.

Sokoman's President and CEO Tim Froude, comments: "Drilling at Kraken's East Dyke Swarm has delivered multiple significant intersections of spodumene-rich pegmatite with multiple targets remaining to be tested. We will be completing a multidisciplinary program to further define drill targets at this rapidly-emerging lithium prospect. At Grey River, the large silica system is being tested by drilling that will continue for at least another month. The size of the system is impressive, and we hope to determine regional controls on the gold mineralization as we move forward with the program. We are proving again through this exploration that much of Newfoundland has been underexplored, and what is required is an aggressive approach to drilling, something that has been lacking in the past."

Benton's President and CEO Stephen Stares, states: "We are very pleased with our success rate thus far on both the Kraken and Grey River projects. While it is easier to assess success through the visual identification of spodumene in the Kraken drill core, we are also looking forward to receiving and analyzing the gold assays from the Grey River project. Our collective exploration teams are hoping that we are in the early days of Newfoundland's next wave of big mineral discoveries."

More than 700 core samples have been cut and submitted to the SGS Prep Lab in Grand Falls-Windsor and then shipped to SGS Lab in Burnaby, BC for Lithium and multi-element analysis.

Steve Stares, President and CEO of Benton Resources, with a section of spodumene dyke from GH-22-15

Spodumene (lithium) rich section of GH-22-15 - Kraken Prospect - Golden Hope Joint Venture

At the Grey River Gold Project, the Alliance is currently drilling hole GR-22-14, the ninth drill hole of a planned 15-20-hole, 2,000 m program designed to test the geometry at depth of units associated with anomalous gold on surface, as well as mineralized intercepts from the Phase 1 program. DDH GR-21-01 intersected three parallel gold zones including 1.80 m of 10.58 g/t Au (see November 25, 2021 press release). The gold mineralization is associated with zones of silica associated with disseminated and stringer pyrite (from 2% - 20% pyrite) in the >10-km-long quartz/silica body.

To date the Alliance has cut and submitted 400 core samples for analysis* at Eastern Analytical in Springdale, NL. Prospecting and mapping will be continued throughout the summer to assist with drill targeting.

Drill core from Grey River showing sulphide stringers cross-cutting the silica zone - GR-22-11

*All samples are shipped to Eastern Analytical Ltd., in Springdale, NL for Au (by fire assay) and 34 element ICP analysis. Any assay returning greater than 1 g/t Au (1 gram per tonne gold or 1000 ppb gold) will be re-assayed using metallics pulp methods. Blanks and standards are regularly inserted as part of the Alliances' joint sampling protocols, in addition to standards and duplicates inserted by Eastern Analytical Ltd. Eastern Analytical Ltd. is an ISO accredited lab.

This news release has been reviewed and approved by Timothy Froude, P.Geo., President and CEO of Sokoman Minerals Corp., and Stephen House, P.Geo., VP Exploration of Benton Resources Inc. Both are 'Qualified Persons' under National Instrument 43-101.

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

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

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

For further information, please contact:

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

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

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

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

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

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

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

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1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") announces further to its news release of July 21, that it has closed the non-brokered private placement of flow-through common shares in the capital of the Company (the "F-T Shares") at $0.08 per F-T Share (the "Offering") by the issuance of 4,000,000 F-T Shares for gross proceeds of $320,000.

In connection with the closing of the Offering, the Company has paid cash finders' fees of $19,200.00, being 6 % of the aggregate proceeds from the sale of the F-T Shares to purchasers introduced by the finders and issued 240,000 non-transferable share purchase warrants (the "Finder's Warrants"), being 6 % of the number of F-T Shares sold under the Offering to purchasers introduced by the finders. Each Finder's Warrant entitles the holder thereof to purchase one common share in the capital of the Company (a "Share") at a price of $0.08 per Share until July 27, 2024. The securities issued under the Offering are subject to a four month and a day hold period ending on November 28, 2022.

About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and underexplored regions "Gaspé, Chibougamau Québec". With a dedicated management team, the Company's goal is to create shareholder value through the discovery of new deposits.

(signed) "Sylvain Laberge"

Sylvain Laberge President and CEO 514.702.9841 Slaberge@1844 Resources.com

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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Platinex Inc. (CSE: PTX) (Frankfurt: 9PX) ("Platinex" or the "Company") is pleased to provide an update on the W2 Copper-Nickel PGE (platinum group elements) project ("W2" or the "W2 Project"). The Company has recently completed go forward exploration plans at W2.

As part of the planning process, historical exploration and drilling data were analyzed, including 10,000 m of drilling by Aurora Platinum and Inco Limited, and airborne geophysical surveys by Aurora Platinum and Temex Resources. The Company has confirmed numerous drill targets, including step-outs within known areas of mineralization and new exploration targets in areas with no previous drilling. Dr. James Mungall, P. Geo., and Ike Osmani, P. Geo., advised management.

Exploration plans at W2 include:

At the centre of the property, a program of systematic step-out drilling will enable the Company to determine the continuity of mineralization and potentially expand historical resources as per the standards of NI 43-101. Currently, at least seven zones of significant Cu-Ni-PGE mineralization have been identified at wide spacing. For example, drill holes LH-01-05 and LH-01-06, which are located 4 km apart with no intervening drill holes, contain both wide sections of lower grade Copper Nickel Palladium Platinum mineralization and narrow sections of higher grade Cu-Ni-Pt-Pd mineralization. The historical drilling suggests a high level of continuity in the Cu-Ni-PGE mineralization.

Maxwell plate modelling of geophysical anomalies will be carried out to assist with selecting final drill hole locations and orientations.

Mineral exploration permit applications are ongoing in relation to the proposed work programs with drilling planned for the winter 2022/23 field season.

The W2 Project is a district-scale land package comprising 784 mining claims (823 cells) and covering over 16,000 hectares (160 km 2 ) at the southwestern extent of Ontario's Ring of Fire. W2 controls one of the major Oxford Stull Dome complexes, including the layered mafic-ultramafic Lansdowne House Igneous Complex ("LHIC") which is highly prospective for copper-nickel (Cu-Ni), platinum group element (PGE), and chromite deposits. Historical drilling along a 7.5 km folded corridor near the centre of the land package has identified widespread Cu-Ni-PGE mineralization across the widely spaced holes.

Overall, the system shows strong parallels with the nearby Ring of Fire Intrusive Suite (ROFIS), with which it may well be coeval. At the LHIC, there is an ultramafic body within an area spanning 7 x 4 km, associated with a similar volume of gabbroic rocks, and there is a nearby ferrodioritic to ferrogabbroic intrusion hosting massive titano-magnetite layers.

The Company continues a program of community engagement and information-sharing with First Nation communities in the vicinity of the project.

W2 Advisory Board and Management Appointment

A W2 Advisory Board has been formed by the Company and appointment of a Director of Operations and Community Relations. The W2 Advisory Board will advise and assist management as the W2 project moves forward. Three professionals with substantial industry and project-related experience, including Dr. Mungall, and Mr. Osmani have been appointed to the advisory board.

Dr James Mungall is an expert specializing in magmatic sulfide and chromite deposits and spent time as Chief Geologist for Noront Resources during the discovery and definition of their Ring of Fire deposit group. He received his BSc in Geology from the University of Waterloo and completed his MSc and PhD in igneous petrology at McGill University. He completed two years of postdoctoral research (in igneous petrology) at the Bayerisches Geoinstitut, followed by nearly three years of consulting in Quebec before joining the University of Toronto. He is now a Professor of Earth Sciences at Carleton University, where he teaches Mineral Deposits.

Ike Osmani has 35 years' experience in field-based mineral exploration as well as resource development and research encompassing geological mapping, geophysical data interpretation, diamond drill program supervision, core logging, field project planning and supervision, and preparation of NI 43-101 technical reports as a Qualified Person ("QP"). Mr. Osmani was the Principal Consultant for Aurora Platinum, who oversaw exploration and drilling at what was then called the Lansdowne House Project, now W2, in the early 2000s.

Mackenzie Potter holds extensive technical and managerial experience, having previously driven environmental, community relationships, and sustainability efforts for Treasury Metals, and has 10+ years of experience in northwestern Ontario securing meaningful dialogue with regional Indigenous communities. Mr. Potter currently holds a role at the Nuclear Waste Management Organization, advancing partnership dialogue in northwestern Ontario in support of the Adaptive Phased Management process and Canada's plan for the long-term management of used nuclear fuel.

Additionally, Platinex has appointed Robin Webster as Director of Operations and Community Relations for the Company. The appointment expands his responsibilities from his current role managing the W2 Project. Robin has a strong track record in Northwestern Ontario in exploration and community development work and was previously the CEO of Goldeye Explorations Limited.

Annual General and Special Meeting of Shareholders

Platinex's Annual General and Special Meeting ("AGSM") of shareholders was held in Toronto, Ontario on July 13, 2022. At the AGSM, 65,222,477 shares were voted, representing 32.04% of the outstanding shares and all resolutions passed with at least 99.47% approval. The following resolutions voted on an individual basis included appointing the following directors: Greg Ferron, James R. Trusler, Felix Lee, Christophe Vereecke, and Sam Kiri. The other resolutions included the appointment of auditors and share consolidation (up to 4:1). The Company contemplates completing the consolidation of shares only as part of a shareholder value-enhancing transaction.

The Company has granted 1,800,000 stock options to members of the new W2 technical advisory committee and three Consultants. The stock options shall be granted at a strike price of $0.05 for a period of three (3) years with standard vesting provisions. In addition, the Company cancelled 3,300,000 outstanding stock options to former advisors and consultants of the Company. Further, the Company notes that 16,852,133 common share purchase warrants expired on July 15, 2022.

The Company has commenced exploration activities at Shining Tree. More detailed information will be provided in a separate project update shortly.

The technical information presented in this news release has been reviewed and approved by Ike Osmani, P. Geo, a consulting geologist of the Company and a qualified person for exploration at the W2 project, as defined by National Instrument 43-101, Standards for Disclosure for Mineral Projects.

About Platinex Inc.: Platinex creates shareholder value through the opportunistic acquisition and advancement of high-quality projects in prolific Ontario mining camps. Current assets include a 100% ownership interest in the 160 km 2 district scale W2 Copper-Nickel-PGE Project in the Ring of Fire and a 100% interest in the 225 km 2 Shining Tree Gold Project in the Abitibi region of Ontario, a world-renowned gold district. The W2 Project controls one of the major Oxford Stull Dome complexes. The Shining Tree Project covers a major portion of the Ridout-Tyrrell deformation zone that trends as far west as Newmont's Borden Mine, through the area of IAMGOLD's Cote Gold deposit, and across Aris Gold's Juby Project. The Company is also developing a net smelter return (NSR) royalty portfolio and currently holds royalties on gold, PGE, and base metal properties in Ontario.

For further information please contact. Mr. Greg Ferron, Chief Executive Officer at 416-270-5042 or via email at: gferron@platinex.com

To receive Company press releases, please sign up on the website www.Platinex.com.

This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such statements include those related to the timing and nature of exploration activities at the Company's W2 Project. There is no certainty that any of these events will occur. Although such statements are based on management's reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances, except as required by applicable securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any province in which such offer, solicitation or sale would be unlawful. The securities issued, or to be issued, under the Private Placement have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

The Canadian Securities Exchange has not approved nor disapproved the contents of this press release.

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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 Property, the Toro Property and the Bronson Property located in northern British Columbia. See Figure 2 below.

Peter Hawley, President, CEO reports, "The Bronson property comprises 4 mineral tenures covering approximately 2,524.6 hectares and to date we have reported on the Book 6 UAV drone mission and related surface sampling and geophysical survey, plus property wide structural survey and ASTER compilation. In addition, we have reported on the Book 9 and 10 which may be the southern extent of the Book 6, the sampling on the 428 central and now the results of the 428 South copper occurrence, which may be the southern extension of the 428 Central. See Figure 3 below."

Figure 3 - Bronson Property, 428 South Location

A total of fourteen rock samples were collected on August 25, 2021 at the 428 Occurrence and the slopes hosting the veining and an east trending valley to the south were prospected.

An exposure of quartz-carbonate veining was discovered in a ravine trending southward into the valley, 1.65 kilometers along strike south from the southernmost exposure of the 428 Central Occurrence, (see previous release dated July 20, 2022).

The vein strikes 024 degrees and dips 85 degrees west, is exposed along ~20 meters and contains trace to 1% chalcopyrite. Two chip samples were collected at elevations between 1,549 and 1,726 meters, with sample D-723476 assaying 0.77% copper across 0.30 meters, see Photo 1 and Table 1 below.

Photo 1 - Bronson Property, 428 South Chip Sample 0.77% Cu / 0.30 meters

Chip sample D-723478 contained a higher copper content of 1.04% across 0.50 meters, see Photo 2 and Table 1 below.

Photo 2 - Bronson Property, 428 South Chip Sample 1.04% copper / 0.50 meters

The 2 grab samples (D-723486 & 489) taken of the vein had 0 to trace amounts of chalcopyrite and low copper assays of 0.001 & 0.01%, respectively. At lower elevations of 1,623 & 1,650 meters, in a parallel trending ravine, 200 meters to the east, 2 quartz-carbonate float samples (D-723487 & 488) were collected. Chalcopyrite content was 1% and the samples contained 1.58 and 0.81% copper, See Table 1 below.

Approximately, 350 meters south of the exposure sampled on the slope, 8 float samples (D-723474, 479 and 480-485) were collected in the east trending valley, at elevations of 1,539 to 1549 meters.

Mineralization of up to 40% sulphides was observed in these samples. Three samples (D-723481, 484 and 485)contained over 1% Cu, with samples D-723481, 484 and 485 assayed 5.22, 2.51 and 1.58%, respectively. The remaining 5 samples had a copper content between 0.51 and 0.93%, see Table 1 below.

Table 1 - Bronson Property 428 South Copper Occurrence Samples

All samples taken were photographic and a GPS location taken, plus a metal sample tag left in place for future reference if required. All this data plus the assay results were geotagged and placed in a .kml /.kmz file for use such as google earth for easy reference. See Photo 3 below.

Photo 3 - Bronson Property, 428 Central Geotagged data

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:

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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FPX Nickel Corp. (TSX-V: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to present key results from Phase 2 and initial results from Phase 3 of an ongoing three-phase metallurgical test program to support the continued development of the Company's Baptiste Nickel Project ("Baptiste" or the "Project") at the Decar Nickel District in central British Columbia . This release builds on results of Phase 1 metallurgical testing as released on December 8, 2021 . The overall metallurgical test program is aimed at validating and optimizing the flowsheet parameters outlined in the Project's 2020 Preliminary Economic Assessment (" PEA "), and to support the development of the next phase of study.

"The strong results of our ongoing three-phase metallurgical testwork program continue to demonstrate the technical viability of the Baptiste Nickel Project," commented Andrew Osterloh , FPX Nickel's Vice-President, Projects. "Our team continues to build a robust database that not only validates key PEA criteria, but also demonstrates that Baptiste's DTR-based resource provides heightened confidence in the Project's life-of-mine grade and recovery projections. Testwork is demonstrating that the advantages of Baptiste's minerology are not only centred on the production of very high-grade concentrates, but also on the potential to use a simple flowsheet with conventional unit operations, underpinned with improved production confidence."

The Company has completed approximately 70% of a three-phase metallurgical test program aimed at validating and optimizing the flowsheet parameters outlined in the PEA and to support continued development of the Project. Phase 2 of the program had the following key objectives:

Figure 1 shows the Baptiste nickel recovery flowsheet as presented in the PEA. Highlighted within this figure are the unit operations which are the focus of each respective testwork phase.

Phase 2 of the metallurgical testwork campaign was overseen by Jeffrey B. Austin , P.Eng., President of International Metallurgical and Environmental Inc. Table 1 presents a summary of the Phase 2 testwork program, including general scope assignment by laboratory.

Table 1 – Phase 2 Metallurgical Test Program Scope Assignments

The objective of the mineralogy variability testwork was to improve the understanding of nickel speciation at Baptiste and to provide insight into the relationship between awaruite grain size and DTR nickel. Detailed mineralogy was conducted on six mine phase composites samples representing the 35-year mine life envisioned in the PEA, as well as other composites from key historical testwork campaigns.

A key outcome of the testwork was finding that nickel mineralization at Baptiste is present only as awaruite (Ni 3 Fe) or nickel sulphide minerals. This supersedes a historic understanding that indicated approximately 10% of nickel was present as solid solution within silicates. The more detailed mineralogical work involved more exhaustive scanning microprobe analysis using QEMSCAN tools and longer scanning durations, confirming that previously reported solid solution nickel is actually very fine awaruite contained within a silicate matrix.

The mineralogical analysis indicated that awaruite accounts for 85-92% of total nickel content across the six mine phase composite samples. The balance of the nickel mineralization (8-15%) occurs as nickel sulphide minerals, most notably heazlewoodite and pentlandite. This confirms that awaruite is the dominant nickel mineralization across the Baptiste deposit, and that this mineral occurrence is relatively homogenous across all mine phases. The high content of awaruite, and the processing advantages associated with this style of mineralization, is the result of the virtual lack of sulphur in the host rock at the time of alteration.

Assay analysis of the composites indicated a range of 0.20-0.25% total nickel, with 50-70% of the total nickel reporting as DTR nickel. Comparing these assay results with the mineralogical results indicated the difference between DTR nickel (50-70% of total nickel) and awaruite speciation (85-92% of total nickel) correlates strongly with the percentage of very fine awaruite (less than 5 microns). This result was expected as the DTR test is essentially a metallurgical test to identify the proportion of awaruite of sufficient grain-size to be collected by magnetic separation.

The strong correlation between DTR nickel and awaruite grain size is shown in Figure 2. It is noteworthy that the PEA's starter pit ("PEA Testwork" and "Mine Phase 1AB" datapoints) has the lowest proportion of fine awaruite within the resource, which aligns with the higher DTR nickel grades during the early years of operation. This provides confidence in the selection of the Baptiste starter pit location, which provides increased nickel production in the early years of operation due to the generally coarser, more readily recoverable awaruite.

In addition to improving the understanding of the Baptiste mineralogy, these results also demonstrate the value of using the DTR assay method as a geometallurgical tool. Very fine awaruite and nickel sulphides are not captured in the DTR test, nor are they currently targeted for recovery in the PEA flowsheet (though both represent future recovery opportunities). This finding helps validate that the DTR nickel grade filters a significant portion of metallurgical variability from the Baptiste resource. As such, projected metallurgical recoveries on a DTR nickel basis will be significantly less variable than recoveries on a total nickel basis, thereby increasing the confidence in the basis of the Baptiste resource and the associated recovery projections.

As reported in the summary of the Phase 1 metallurgy testwork campaign (see the Company's December 8, 2021 news release), magnetic concentrate (principally containing awaruite and magnetite) was produced from pilot testing material approximately representative of the Baptiste resource. This pilot plant utilized closed circuit grinding with cyclone classification which, as planned, resulted in preferential grinding of the dense awaruite particles. While this preferential grinding tangibly lowered magnetic separation tailings grades, it also resulted in the significant hold-up of awaruite within the grinding circuit, resulting in a lower-than-expected flotation feed grade (2.2% observed versus 2.6-2.7% expected).

Batch and locked-cycle flotation testwork has demonstrated the ability to produce high-grade flotation concentrates, routinely exceeding 60% nickel, with select tests achieving grades of up to 68% nickel, despite the lower flotation feed grade. These high-grade concentrates are possible due to high nickel tenor in awaruite (Ni 3 Fe).

Metallurgical recoveries in optimized open circuit roughing tests yielded nickel recoveries of up to 91%, while locked cycle testing yielded nickel recoveries of 87% to the cleaner concentrate with nickel concentrate grades ranging from 60 to 66%. Flotation conditions were largely comparable to historic metallurgical testwork, validating the PEA flotation conditions.

While recovery values are less than the PEA flotation stage recovery criteria of 94%, the current SGS flotation results were impacted by the lower feed grade owing to the hold-up of nickel in the pilot plant grinding circuit. As comparable flotation tailings grades were observed across the current and historic flotation programs, and previous testwork indicated that coarse, liberated awaruite is readily recoverable in flotation, it is anticipated recovery estimates would increase if the flotation feed material was more representative.

In addition to affirming the PEA flotation reagent regime, Phase 2 testing included an alternative flotation regime targeting higher flotation slurry pH conditions, therefore requiring reduced acid addition rates. Optimized bench tests under the alternative flotation regime showed positive results with near identical recoveries and concentrate grades, but with a 25% decrease in acid consumption, thereby indicating a potential for reducing flotation operating costs versus the 2020 PEA.

Given the results described above, the scope and duration of Phase 2 testwork has been extended to pursue opportunities to further improve the flotation regime and overall results; results of this expanded portion of the Phase 2 testwork program are anticipated in the fourth quarter of 2022.

Building on the results of Phase 1 piloting, Phase 3 of the metallurgical testwork campaign includes larger-scale pilot processing, with the intent to both optimize the PEA flowsheet and to produce a significant quantity of high-grade awaruite concentrate for hydrometallurgical testwork. The pilot testwork is being conducted at Corem in Quebec City . Progress to date includes bench- and pilot-scale testing of the primary grind/magnetic separation and regrind/magnetic separation unit operations. Key initial findings of Phase 3 pilot testing are presented below, and the full results are expected to be released in the fourth quarter of 2022.

As noted above and previously released by the Company, the initial pilot-scale testing in Phase 1 indicated potential DTR nickel recoveries up to 5% higher than those observed in previous bench-scale testing, owing to the preferential grinding of the deposit's dense awaruite nickel mineralization using cyclone classification. However, due to the feed rate and duration of this Phase 1 initial piloting, substantial hold-up of nickel (estimated 20-40%) was witnessed within the grinding circuit. As such, this led the Company to undertake larger-scale piloting, utilizing higher feed rates and longer operating duration in order to reach steady state operation.

The Phase 3 primary grind and magnetic separation campaign processed a total of 16 tonnes of feed material over a cumulative duration of 80 hours (as compared to Phase 1 piloting which processed 3.6 tonnes over a cumulative duration of 23 hours). Similar to Phase 1 piloting, Phase 3 piloting saw significant hold-up of dense awaruite, and it took an estimated 11 tonnes of material over a cumulative period of 54 hours to reach steady state operation, indicated by equivalent DTR nickel grades in the fresh mill feed and the cyclone overflow.

At steady state, the DTR nickel recirculating load was approximately 700%, compared to the overall mill recirculating load of 300%. Once steady-state conditions were reached, a clear preferential grinding benefit of dense awaruite particles in closed circuit grinding was observed with a 5% DTR nickel recovery increase relative to open circuit grinding on the same sample. Consistent with the results of the Phase 1 program, these new results continue to indicate the potential to achieve nickel recoveries up to 5% higher than the 90% DTR nickel primary magnetic separation stage recovery assumed in the 2020 PEA. Better liberation seen in the pilot plant work, due to cyclone classification, is also contributing to a reduction in the mass recovery during magnetic separation at comparable or better nickel recoveries.

As a further optimization opportunity, additional pilot plant trials with modestly increased magnetic separation field strength demonstrated that a further 1-4% nickel recovery could be realized with a relatively low increase in mass recovery. Further testing and evaluation of varying magnetic intensities is planned during the remainder of the Phase 3 program. Complete results will be presented when the pilot campaign is complete.

In addition to the results described above, remaining aspects of the Phase 3 testwork program include the following:

The metallurgical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 Standards of Disclosures for Minerals Projects of the Canadian Securities Administrators ("NI 43-101") and supervised, reviewed, and verified by Jeffrey B. Austin , P.Eng., President of International Metallurgical and Environmental Inc., a "Qualified Person" as defined by NI 43-101 and the person who oversees metallurgical developments for FPX Nickel.

The Company's Decar Nickel District claims cover 245 km 2 of the Mount Sidney Williams ultramafic/ophiolite complex, 90 km northwest of Fort St. James in central British Columbia . The district is a two-hour drive from Fort St. James on a high-speed logging road.

Decar hosts a greenfield discovery of nickel mineralization in the form of a naturally occurring nickel-iron alloy called awaruite (Ni 3 Fe), which is amenable to bulk-tonnage, open-pit mining. Awaruite mineralization has been identified in four target areas within this ophiolite complex, being the Baptiste Deposit, and the B, Sid and Van targets, as confirmed by drilling, petrographic examination, electron probe analyses and outcrop sampling on all four targets. Since 2010, approximately US $28 million has been spent on the exploration and development of Decar.

Of the four targets in the Decar Nickel District, the Baptiste Deposit, which was initially the most accessible and had the biggest known surface footprint, has been the focus of diamond drilling since 2010, with a total of 99 holes and 33,700 m of drilling completed. The Sid target was tested with two holes in 2010 and the B target had a single hole drilled in 2011; all three holes intersected nickel-iron alloy mineralization over wide intervals with DTR nickel grades comparable to the Baptiste Deposit. In 2021, the Company executed a maiden drilling program at Van, which has returned promising results comparable with the strongest results at Baptiste.

On behalf of FPX Nickel Corp. "Martin Turenne" Martin Turenne , President, CEO and Director

Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

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

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