The Mineral Resource is contained within a pit shell based on a gold cutoff grade of 0.014 troy ounces per short ton (0.48 grams per tonne) at an assumed gold price of $1,500/tr oz, assumed mining cost of $1.06/short ton waste, assumed mining cost of $2.02/short ton mineralized material, assumed processing cost of $12.75/short ton mineralized material, assumed G&A cost of $0.74/short ton mineralized material, an assumed metallurgical recovery of 80%, and pit slopes of 45 degrees.

The forward-looking statements and forward-looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. It is estimated that approximately 30% of the mineral resource estimate is dependent on an agreement being obtained with the Adjacent Owner. Fragments are sub-rounded to angular and from 0.03 to 0.6 metres (0.1 to 2 feet) in diameter.

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. Copyright 2022 ACCESSWIRE.

Required fields are marked *. The Republic/Eureka Mining District has produced nearly 4 million ounces gold at an average grade of 19.9 g/t gold (Au) over the last 130 years principally from high grade underground narrow vein deposits (Harris et al., 2011). By their very nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Fiore Gold's control. The forward-looking statements and forward-looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. The Indicated and Inferred Mineral Resources are constrained within a drilled area that extends approximately 3.15 km (1.96 miles ) along strike to the north-northeast, 0.26 km (0.16 miles ) across strike to the east and 250 m (820 ft ) below surface. Such statements include but are not limited to, statements with respect to any future exploration, development or mining operations at Golden Eagle Project, including those described in the resource update, timing and expectations regarding the ability to obtain an agreement with the Adjacent Owner for extending pit walls, waste mining laybacks and other needs for the Golden Eagle Project, to obtain estimates of mineral resources and reserves, ability to combine nearby assets with the Golden Eagle Project, Company outlook, goal to become a 150,000 ounce producer, goal to acquire additional production or near production assets, and other statements, estimates or expectations. A description of the key assumptions, parameters and methods used to estimate mineral reserves and resources at the Gold Rock project referenced in this news release, as well as data verification procedures and a general discussion of the extent to which the estimates of scientific and technical information may be affected by any known legal, political or other relevant factors relating to the potential development of the mineral resources or mineral reserves, are included in the report titled "Technical Report on the Preliminary Economic Assessment of the Gold Rock Project, White Pine County, Nevada, USA" with an effective date of March 31, 2020, and which was prepared by Michael B. Dufresne, M.Sc., P.Geol., P.Geo., Gregory B, Sparks, B.Sc., P.Eng., Sam J. Shoemaker, Jr., B.S., SME Registered Member, Warren E. Black, M.Sc., P.Geo., and Steven J. Nicholls, BA.Sc., MAIG. The mineral resource estimate, however, assumes that the south and north walls of the pit used to demonstrate reasonable prospects for eventual economic extraction extends onto lands where mineral title is held by Hecla Mining Company (the "Adjacent Owner") and that waste would be mined on the Adjacent Owner's mineral titles. Black chalcedonic quartz matrix supports silica flooded host rock fragments of the Sanpoil volcanics.

Cautionary Note Regarding Forward Looking Statements.

This news release contains "forward-looking statements" and "forward looking information" (as defined under applicable securities laws), based on management's best estimates, assumptions, and current expectations. The effective date of the Mineral Resource is Mar 31, 2020.

A total of 292 exploration drill holes equaling 49,957 metres (163,901 feet) of drill length have been included in the Golden Eagle database.

Numbers in the table have been rounded to reflect the accuracy of the estimate and may not sum due to rounding. You can unsubscribe from these communications at any time. The Buckhorn mine is an underground gold mine extracting gold from a skarn gold deposit, and is shipping ore to the Kettle River Mill 11 kms east of the Golden Eagle Project.

and 764,990 silver oz. The updated Golden Eagle mineral resource estimate is based solely on the available historical data and is intended to provide a baseline from which to continue developing the project.

The Golden Eagle deposit is drilled at a variable density with an approximate spacing of 30.5 metres (100 feet) between drill holes.

WASHINGTON Fiore Gold has released an updated resource estimate for its wholly owned Golden Eagle project, within the past-producing Republic/Eureka mining [].

A Technical Report with the details of the resource estimate will be filed on SEDAR under the Company's profile within 45 days of the date of this news release. to Mj Redesign, 30

Title 17 of the Code of Federal Regulations. Additional land must be acquired or otherwise made available for the pit layback, waste rock dumps, tailings facilities, and other surface infrastructure.

By their very nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Fiore Gold's control. Sensitivity Analysis - Base Case at 0.48 g/t, Tim Warman, Chief Executive Officer of Fiore, commented: "We're very pleased with the new resource update for Golden Eagle, a project that we think has been largely overlooked by the market. There can be no assurance that Fiore will be able to negotiate such agreement on terms that are satisfactory to Fiore or that there will not be delays in obtaining the necessary agreement.

Carbon-rich fracture fillings are associated with the mineralized zones.

Factors that could cause actual results to vary materially from results anticipated by such forward looking statements include, but not limited to, risks related to the Pan Mine performance; risks related to the COVID-19 pandemic, including government restrictions impacting our operations, risks the pandemic poses to our work-force, impacts the virus may have on ability to obtain services and materials from our suppliers and contractors; risks related to the company's limited operating history; risks related to international operations; risks related to general economic conditions, actual results of current or future exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates; increases in market prices of mining consumables; possible variations in ore reserves, grade or recovery rates; uncertainties involved in the interpretation of drilling results, test results and the estimation of gold resources and reserves; failure of plant, equipment or processes to operate as anticipated; the possibility that capital and operating costs may be higher than currently estimated; the possibility of cost overruns or unanticipated expenses in the work programs; availability of financing; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities; the possibility that required permits may not be obtained on a timely manner or at all; changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which Fiore Gold operates, and other factors identified in Fiore Gold's filings with Canadian securities authorities under its profile at www.sedar.com respecting the risks affecting Fiore and its business. Golden Eagle is now positioned squarely in the top ten undeveloped United States gold deposits, outside the larger producers.

Factors that could cause actual results to vary materially from results anticipated by such forward looking statements include, but not limited to, risks related to the Pan Mine performance, risks related to the COVID-19 pandemic, including government restrictions impacting the Company's operations, risks the pandemic poses to its work-force, impacts the virus may have on ability to obtain services and materials from its suppliers and contractors; risks related to the company's limited operating history; risks related to international operations; risks related to general economic conditions, actual results of current or future exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates; increases in market prices of mining consumables; possible variations in ore reserves, grade or recovery rates; uncertainties involved in the interpretation of drilling results, test results and the estimation of gold resources and reserves; failure of plant, equipment or processes to operate as anticipated; the possibility that capital and operating costs may be higher than currently estimated; the possibility of cost overruns or unanticipated expenses in the work programs; availability of financing; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities; the possibility that required permits may not be obtained on a timely manner or at all; changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which Fiore Gold operates, and other factors identified in Fiore Gold's filings with Canadian securities authorities under its profile at www.sedar.com respecting the risks affecting Fiore and its business.

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The deposit covers approximately 762 metres of strike, with a width of up to 305 metres and depth of around 610 metres. 1 (416) 639-1426 Ext.

2018 Fiore Gold Ltd. All Rights Reserved.

Mexico Is Seen Risking $30 Billion Hit in US-Canada Trade Spat, South KoreasProducer Prices Accelerate in Challenge for Policy Makers, SeagateDrops AfterEconomic Conditions Blamed for Weak Forecast, AT&T Falls Most in 20 Years After Overdue Bills Hit Cash Flow, Musk Lieutenant Scrutinized inInternal Tesla Purchasing Probe, New Monkeypox Symptoms Are Making Cases Harder to Recognize, New Jersey GOP Calls for Probe Into State Employee Health Costs, Worlds Frothiest Housing MarketCools in Global Warning Signal, Ex-Coinbase Manager Arrested in US Crypto Insider-Trading Case, String Quartet Brings Music to Inmates in Mississippi Prison, Speedy Delivery: Medals At Worlds Given Out Almost Instantly. The Golden Eagle Project is located in Ferry County, approximately 5 kms northnorthwest of the town of Republic, Washington. 136738101. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

Often, but not always, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "targets", "forecasts", "intends", "anticipates", "scheduled", "estimates", "aims", "will", "believes", "projects" and similar expressions (including negative variations) which by their nature refer to future events. Markets never sleep, and neither does Bloomberg. The Golden Eagle deposit trends N80E, with a strike length of approximately 762 metres (2,500 feet), variable width up to approximately 305 metres (1,000 feet), and depth of approximately 610 metres (2,000 feet). The Republic/Eureka Mining Trend covers an area 8.9 kms long and about 1.6 kms wide.

Fiore disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results, events or developments, except as require by law.

The company's cash position continued to increase, closing the year at $23.2 million, up from $17.3 million at the end of the June quarter. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Canadian Mining Journal provides information on new Canadian mining and exploration trends, technologies, mining operations, corporate developments and industry events.

A block height of 6.1 metres (20 feet) was defined based on mining equipment expected to be used in an open pit scenario. The 12.2-metre (40-foot) square block is thus supported by the drilling density and is representative of bulk mining methods. Visit our A haul truck placing ore on the leach pad at Fiore Golds Pan gold mine in Nevada. policy at the bottom of the Future of Mining website.

The 1,800 tonne-per-day Kettle River mill is located approximately 16 km (10 miles) by road east of Golden Eagle.

With the newly updated Golden Eagle mineral resource estimate, Fiore's Reserve and Resource Inventory now consists of: A technical report, which will include the new Golden Eagle resource estimate, will be posted on the Company's website at www.fioregold.com and filed on SEDAR at www.sedar.com within 45 days. Shares in Fiore Gold are trading at C$1.40, valuing the company at $138 million.

These statements should not be read as guarantees of future performance or results.

Your email address will not be published. Company No. "With positive drill results at the adjacent Gold Rock project and a significant resource update at our Golden Eagle project, we continue take tangible steps toward achieving our goal of operating Pan and Gold Rock in unison, creating the only multi-asset, 100% US domestic gold producer.".

Fiore Gold has reported a more than seven-fold increase in net income to US$18 million in its financial year to September 30, 2020, on revenue of $77.9 million. Copyright 2000-2022 Aspermont Media Ltd. All rights reserved.

It is common to select a horizontal block size of one third to one half of the exploration drill spacing.

The Buckhorn/Kettle River operation is owned by Kinross and is expected to close in 2017.

A haul truck placing ore on the leach pad at Fiore Golds Pan gold mine in Nevada.

Mineralization occurs at the surface on the west and southwest of the deposit and plunges between 15 to 20 under post-mineralization cover to the east and north.

The remaining operating mine in eastern Washington is the Buckhorn underground mine located 35 kms northnorthwest of Golden Eagle. Live market coverage co-anchored from Hong Kong and New York.

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Forward looking statements are based on the opinions and estimates of management at the date the statements are made, as well as a number of assumptions made by, and information currently available to, the Company concerning, among other things, anticipated geological formations, potential mineralization, future plans for exploration and/or development, potential future production, ability to obtain permits for future operations, drilling exposure, and exploration budgets and timing of expenditures, all of which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Fiore Gold to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

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The last operating gold mine in the district was Kinross' Buckhorn/Kettle River operation which closed in 2017.

Live from New York and Sydney. Fiore controls a contiguous approximately 200 sq km land package on Nevada's prolific Battle Mountain - Eureka trend, with exploration potential. Musk says lithium refining a "licence to print money" Rio Tinto and Ford look to Argentina lithium, Skills trump experience when choosing managers. ResourceStocks company. To access this document please complete the form below.

Our corporate strategy is to grow Fiore Gold into a 150,000 ounce per year gold producer.

An additional 543 holes are blast holes present in the dataset that were not used for resource estimation. Fiore intends to seek an agreement with the Adjacent Owner to maximize the potential to develop a mine that exploits the full mineral resource.

Cautionary Note Regarding Forward Looking Statements.

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Pan generated record results,"said Fiore Gold president and CEO Tim Warman.

The Republic/Eureka Mining District is one of several mining district within the Republic Graben, a Cenozoicaged, down-dropped faulted block formed during a period of regional extension and related volcanism.

Visit the ResourceStocks homepage to explore more companies and their downloadable information. of silver.

MineHutte ratings), Mining Journal Intelligence Global Leadership Report 2021, Latest from the Exploration/Development Channel, Latest from the Mine Risk Management Channel, Calibre reports firm production and improved drill rates.

The fine-grained texture of the black chalcedony and the pyrite suggest a shallow to near-surface depth of formation.

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The south and north walls associated pit shell extend onto lands held byHecla Mining. The company has a C$92 million market capitalization.

continue to grow gold production at the Pan Mine, while increasing the resource and reserve base, advance the development of the nearby Gold Rock project, acquire additional production or near-production assets to complement our existing operations.

Our corporate strategy is to grow Fiore Gold into a 150,000 ounce per year gold producer focused on stable jurisdictions.

We're also pleased that Fiore's total Measured and Indicated resource inventory now exceeds 2.8 million ounces, highlighting the excellent growth potential for the company.".

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VANCOUVER, BC / ACCESSWIRE / September 28, 2021 / FIORE GOLD LTD. (TSXV:F)(OTCQB:FIOGF)(FSE:2FO) ("Fiore" or the "Company") announces the filing of an amended technical report entitled "Mineral Resource Estimate NI 43-104 Technical Report Golden Eagle Project, Ferry County, Washington" dated September 24, 2021 (the "Technical Report"). The deposit has a well-defined shape, possibly as the result of post-mineral faulting along the South Penn, Mountain Lion, and Mud Lake faults.

The block size selected was 12.2 x 12.2 x 6.1 metres (40 x 40 x 20 feet).

To achieve this, we intend to: Contact Us:[emailprotected]1 (416) 639-1426 Ext.

Credit: Fiore Gold. The partnership will support the transition toward a net-zero future by supplying Ford with materials including lithium, low-carbon aluminum and copper. Fiore Gold Ltd is a US gold producer generating cash flow from its Pan Mine in Nevada, organic growth from its adjacent and federally permitted Gold Rock project, and future upside from its Golden Eagle project in Washington State.

Our goal is to build a new mid-tier gold mining company with an initial goal of becoming a 150,000 ounce/year gold producer through internal growth and strategic M&A.

1www.fioregold.com. The prior, non-NI 43-101 resource statement for this property featured 28.5 million indicated tonnes at 1.89 g/t gold with a further 4.6 million tonnes grading 1.3 g/t gold inferred.

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Lane, MMSA 01407QP, SME Registered Member 4053005, Principal Mining Engineer with Global Resource Engineering Ltd. ("GRE") and a 'Qualified Person' for the purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian securities administrators ("NI 43-101") has approved the disclosure of, and is the qualified person responsible for, the scientific and technical information regarding the Golden Eagle project in this news release inclusive of the resource estimate information. Such statements include but are not limited to, statements within the Technical Report with respect to future operations, expected production and expected costs, our corporate strategy and other statements, estimates or expectations.

The Customer Demand Is There.

Ford said it has now sourced about 70% of the battery cell capacity it needs to achieve its annual production rate of more than 2 million by late 2026. day trial, Mining Journal Intelligence Project Pipeline Handbook 2022, Mining Journal Intelligence Global Finance Report 2022, Mining Journal Intelligence World Risk Report 2021 (feat.

Golden Eagle is 16 km fromKinrosss past-producing 1,800 t/d Kettle River mill.

Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ. Toronto, ON M5H 1T1 The Golden Eagle deposit is characterized as a low-sulfidation epithermal hot springs related deposit.

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. 2420: Manufacture of Basic Precious and Other Non-Ferrous Metals, Chief Financial Officer and Corporate Secretary.

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