TORONTO, ONTARIO / ACCESSWIRE / June 24, 2020 / Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX:NHK)(OTCQX:MIMZF) previously announced the temporary suspension of exploration activities on its Indin Lake Gold Property located in the Northwest Territories, Canada as a cautionary measure due to the emerging Covid-19 pandemic (see press release dated March 27, 2020).

Nighthawk has been in discussions with the territorial government and health officials to determine a course of action to resume exploration activities. Based on recently updated public health orders pertaining to transient workers in the mineral exploration industry who work out of remote camps, the Company plans to resume exploration activities within the second week of July and will target completion of its previously announced 25,000-metre drill program. Three drills will focus on the continued exploration of the Colomac Gold Project, as well as some of its more prominent satellite targets including the Leta Arm Gold Project and the Treasure Island Gold Project. Preparation of an updated mineral resource estimate was not affected, and the Company expects to release those results within the coming weeks.

Dr. Michael Byron, President & CEO commented, "We are eager to resume our exploration efforts to continue to unlock the value from our highly prospective land package. In spite of working with a shortened drill season, we are confident that we will be able to complete our originally planned 25,000 metre program. Drilling will be split roughly equally between Colomac and some of our satellite targets that warrant follow-up work. We look forward to providing results of our efforts as they become available."

About Nighthawk

Nighthawk is a Canadian-based gold exploration company with 100% ownership of a district-scale land position within the Indin Lake Greenstone Belt, located approximately 200 km north of Yellowknife, Northwest Territories, Canada. Nighthawk is focused on advancing the Colomac Gold Project with a current inferred resource of 2.6 million ounces of gold (50.3 million tonnes at an average grade of 1.62 grams per tonne gold), as well as advancing its other regional gold deposits and showings within this largely underexplored Archean gold camp.

The Company has an experienced and dedicated team and is well funded to complete its goals and objectives over the next 12 months.

FOR FURTHER INFORMATION PLEASE CONTACT:

NIGHTHAWK GOLD CORP.
Tel: 1-647-794-4313; Email: info@nighthawkgold.com
Website: www.nighthawkgold.com

Dr. Michael Byron
President & CEO
Tel: 1-647-794-4359

Michael Leskovec
CFO
Tel: 1-647-794-4360

Suzette N Ramcharan
VP, Corporate Development
Tel: 1-647-794-4362

Neither the Toronto Stock Exchange has neither reviewed nor accepts responsibility for the adequacy or accuracy of this news release.

SOURCE: Nighthawk Gold Corp

ReleaseID: 595015

TORONTO, ONTARIO / ACCESSWIRE / June 24, 2020 / Galway Metals Inc. (TSXV:GWM)(OTC PINK:GAYMF) (the "Company" or "Galway") is pleased to report assay results from wildcat exploration drilling located 950m SW and along strike of the western-most intersection of the Jubilee Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada. That intersection had returned 1.9 grams per tonne (g/t) Au over 43.3 metres (m) (35.7m true width (TW), including 21.2 g/t Au over 2.35m), starting at a vertical depth of 36m below surface (September 5, 2019). The new discovery returned 186.5 g/t Au over 0.6m from a 35 cm quartz vein that contains very fine sulphides, including arsenopyrite. Another similar vein located 13m further downhole returned 2.2 g/t Au over 0.7m. The closest drill holes are located 270m to the SW and 560m to the NE. The one to the NE intersected 4.4 g/t Au over 1.0m and also contained 4050 ppm Bismuth and 344 ppm Tungsten (September 5, 2019). These results appear to be along the Jubilee-Richard-George Murphy Zone trend that Galway believes are part of the same 2.5 km-long mineralized system (Figure 1). These Zones have returned such intersects as 10.6 g/t Au over 47.0m, 1.4 g/t Au over 85.0m, and 6.2 g/t Au over 38.5m, among many others (refer to previous Galway Metals' press releases). None of these 3 deposits are in the current resource.

New Discovery May Be Along the NE-SW Trend, the NW-SE Trend, or at the Intersection of Both

The new discovery appears to be located along the same NE-SW trend as the Jubilee-Richard-George Murphy Zones, which are located 950m to the NE. The new discovery is between those deposits and a strong 4km+ long soil anomaly that hosts 11 soils that returned between 100 and 681 ppb Au located 1,000m to the SW (Figure 2). This 4km+ soil anomaly, which is associated with a magnetic low (as are all deposits at Clarence Stream), has not yet been drilled. The new discovery (186.5 g/t Au over 0.6m) could also be trending along a strong, sub-perpendicular NW-SE (similar to the North Zone trend) soil and glacial till anomaly, or it could be at the intersection of both NE-SW and NW-SE trends. If the new discovery goes in a NW-SE direction, it would be along the same trend as the 2nd-highest glacial till anomaly (95 ppb Au) at Clarence Stream, which hosts boulders ranging up to 16.3 g/t Au. The 186.5 g/t Au assay, in a wildcat hole, is the 9th highest grade on the property.

Robert Hinchcliffe, President and CEO of Galway Metals, said, "The previously announced $17.35M private placement, which is expected to close within the next few days, will fully-fund Galway's newly expanded drill program through the end of 2021 to 75,000m, up from 25,000m for 2020 only. In doing so, Galway will soon increase its drill count to 5 rigs, up from 3 previously, and up from 1 during the first 3 years of exploration since the Company's acquisition of Clarence Stream in August 2016. This expanded program will enable the Company to drill the 3 zones not in resource, to expand the South and North Zones that are in resource but which haven't been expanded in nearly 3 years, to follow-up on the new discovery and to make other new discoveries. Other plans for Clarence Stream include ore sorting and metallurgical testing, seismic and magnetic geophysical surveys, intensive prospecting and excavator trenching and stripping. With all 5 zones at Clarence Stream open in every direction, and with a multitude of existing drill targets outside the known zones, Galway is thrilled to be able to expand its drill program and unlock value for shareholders. Galway's strong drill results demonstrate that Clarence Stream is an emerging new gold district in North America."

Drilling the Gaps, Follow-Up on Recent Discoveries and Wildcat Drilling is Planned

Galway resumed drilling with 3 rigs at Clarence Stream in late May. Subsequently, a one-week delay was imposed due to extreme dry and hot conditions. Galway's plan over the next several months is to continue drilling the 2 gaps between the 3 zones not in resource, to tighten drill spacings – generally to 50 metres for inclusion in the pending resource update, to follow-up on the recent new discoveries of multiple veins to the north of the GMZ, which includes 11.4 g/t Au over 2.0m in hole CL20-58 and to follow-up on the new 186.5 g/t Au discovery. In addition, further wildcat exploration drilling will ensue on the scores of soil and geophysical targets across the 65-km, 60,000-hectare property.

A 6th Rig Will Be Added for Ore Sorting and Metallurgical Test Drilling

Galway will also add a sixth rig (doubling the current count of drills), to drill wide-diameter (PQ-size) core for both ore sorting and metallurgical tests of the 3 zones not yet in resource. Metallurgical tests have been conducted by previous operators on the North and South Zones, which returned recoveries in excess of 90% in both zones.

Table 1. Assay Results

Hole ID

From
(m)

To
(m)

Intercept
(m)

Intercept
(m) TW

(Unknown if not noted)

Au
g/t

RICHARD ZONE

GWM-19BL-38

219.75

221.8

pending

221.8

222.4

0.6

186.5 *

222.4

235.2

pending

235.2

235.9

0.7

2.2

235.9

244.4

pending

(TW=True Widths, which are calculated – sectional measuring may give slightly different numbers); True widths are unknown if not noted; V.G.=Visible Gold; 0.42 g/t Au was used for the bottom cut-off; *average gravimetric of 2 cuts on reject.

Table 2: Drill Hole Coordinates

Hole ID

Azimuth

Dip

Easting

Northing

Total Depth (m)

Zone

BL19-38

10

-45

651733

5020063

360

NEW

New Brunswick Junior Mining Assistance Program

Galway would like to acknowledge financial support from the New Brunswick Junior Mining Assistance Program, which partially funded drilling of the GMZ, Jubilee, and Richard Zones.

Geology and Mineralization

The recent discovery of the Richard Zone in hole 12 contains elevated levels of bismuth, arsenopyrite, and antimony, in multiple quartz veins, with tungsten in the vicinity. This is similar to other Clarence Stream deposits, which can be characterized as intrusion-related quartz-vein hosted gold deposits. Richard Zone contains multiple zones of quartz veining with sulfides and sericite alteration. In general, mineralization at Clarence Stream consists of 10-70% quartz stockworks and veins with 1-5% fine pyrite plus pyrrhotite plus arsenopyrite plus stibnite in sericite altered sediments. The Jubilee mineralization consists of 2%-5% disseminated pyrite, sphalerite, galena, arsenopyrite, chalcopyrite, and pyrrhotite in sediments with white to smoky grey quartz veining. Locally there is up to 10% sphalerite and semi-massive galena veinlets. The 2.5 km trend that hosts the GMZ, Richard and Jubilee Zones contains a mineralized mafic intrusive locally – similar to the South Zone, which currently hosts most of the property's last reported gold resources (September 2017). A more complete description of Clarence Stream's geology and mineralization can be found at www.galwaymetalsinc.com.

Review by Qualified Person, Quality Control and Reports

Michael Sutton, P.Geo., Director and VP of Exploration for Galway Metals, is the Qualified Person who supervised the preparation of the scientific and technical disclosure in this news release on behalf of Galway Metals Inc. All core, chip/boulder samples, and soil samples are assayed by Activation Laboratories, 41 Bittern Street, Ancaster, Ontario, Canada, who have ISO/IEC 17025 accreditation. All core is under watch from the drill site to the core processing facility. All samples are assayed for gold by Fire Assay, with gravimetric finish, and other elements assayed using ICP. The Company's QA/QC program includes the regular insertion of blanks and standards into the sample shipments, as well as instructions for duplication. Standards, blanks and duplicates are inserted at one per 20 samples. Approximately five percent (5%) of the pulps and rejects are sent for check assaying at a second lab with the results averaged and intersections updated when received. Core recovery in the mineralized zones has averaged 99%.

Figure 1: Plan Map of the George Murphy, Richard and Jubilee Zones

Figure 2: Strong Gold-in Glacial Till, Soil, Boulders and Chip Samples at Clarence Stream

About the Company

Galway Metals is well capitalized with two gold projects in Canada, Clarence Stream, an emerging gold district in New Brunswick, and Estrades, the former producing, high-grade VMS mine in Quebec. The Company began trading on January 4, 2013, after the successful spinout to existing shareholders from Galway Resources following the completion of the US$340 million sale of that company. With substantially the same management team and Board of Directors, Galway Metals is keenly intent on creating similar value as it had with Galway Resources.

Should you have any questions and for further information, please contact (toll free):

Galway Metals Inc.

Robert Hinchcliffe
President & Chief Executive Officer
1-800-771-0680
www.galwaymetalsinc.com

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements made herein with respect to, among other things, the Company's objectives, goals or future plans, potential corporate and/or property acquisitions, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations, and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, exploration results being less favourable than anticipated, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, risks associated with the defence of legal proceedings and other risks involved in the mineral exploration and development industry, as well as those risks set out in the Company's public disclosure documents filed on SEDAR. Although the Company believes that management's assumptions used to develop the forward-looking information in this news release are reasonable, including that, among other things, the Company will be able to identify and execute on opportunities to acquire mineral properties, exploration results will be consistent with management's expectations, financing will be available to the Company on favourable terms when required, commodity prices and foreign exchange rates will remain relatively stable, and the Company will be successful in the outcome of legal proceedings, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

This release refers to a pending offer of securities which is being made outside of the United States exclusively to non-U.S. investors. This release is not an offer to sell nor a solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer is not legally permitted. No subscription will be accepted from any U.S. Person.

SOURCE: Galway Metals Inc.

ReleaseID: 595019

NEW YORK, NY / ACCESSWIRE / June 24, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

ProAssurance Corporation (NYSE:PRA)
Class Period: April 26, 2019 – May 7, 2020
Lead Plaintiff Deadline: August 17, 2020

According to the complaint, ProAssurance Corporation allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) ProAssurance lacked adequate underwriting process and risk management controls necessary to set appropriate loss reserves in its Specialty P&C segment; (ii) ProAssurance failed to properly assess a large national healthcare account that experienced losses far exceeding the assumptions made when the account was underwritten; and (iii) as a result, ProAssurance was subject to materially heightened risk of financial loss and reserve charges.

Learn about your recoverable losses in PRA: http://www.kleinstocklaw.com/pslra-1/proassurance-corporation-loss-submission-form?id=7517&from=1

Groupon, Inc. (NASDAQ:GRPN)
Class Period: November 4, 2019 – February 18, 2020
Lead Plaintiff Deadline: June 29, 2020

During the class period, Groupon, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing fewer customer engagements in its Goods category; (2) Groupon relied on its Goods category to drive its sales, especially during the holiday season; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in GRPN: http://www.kleinstocklaw.com/pslra-1/groupon-inc-loss-submission-form?id=7517&from=1

Grand Canyon Education, Inc. (NASDAQ:LOPE)
Class Period: January 5, 2018 – January 27, 2020
Lead Plaintiff Deadline: July 13, 2020

According to a filed complaint, statements made by Defendants were false and/or misleading because, following Grand Canyon's spin-off of its educational assets as Grand Canyon University ("GCU"): (i) GCU would not be a proper non-profit organization as it would remain under the control of Grand Canyon, and (ii) Grand Canyon would not be a third-party service provider to GCU but rather would continue to effectively operate the entity, and (iii) Grand Canyon employees served as executives of GCU and (iv) GCU functioned as an off-balance-sheet entity to which Grand Canyon would be able to funnel expenses and costs in exchange for a disproportionate amount of revenue, thereby inflating Grand Canyon’s financial results.

Learn about your recoverable losses in LOPE: http://www.kleinstocklaw.com/pslra-1/grand-canyon-education-inc-loss-submission-form?id=7517&from=1

Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 595054

NEW YORK, NY / ACCESSWIRE / June 24, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

WORX Shareholders Click Here: https://www.zlk.com/pslra-1/scworx-corp-loss-submission-form?prid=7516&wire=1
R Shareholders Click Here: https://www.zlk.com/pslra-1/ryder-system-inc-loss-submission-form?prid=7516&wire=1
WFC Shareholders Click Here: https://www.zlk.com/pslra-1/wells-fargo-company-loss-submission-form?prid=7516&wire=1

* ADDITIONAL INFORMATION BELOW *

SCWorx Corp. (NASDAQ:WORX)

WORX Lawsuit on behalf of: investors who purchased April 13, 2020 – April 17, 2020
Lead Plaintiff Deadline : June 29, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/scworx-corp-loss-submission-form?prid=7516&wire=1

According to the filed complaint, during the class period, SCWorx Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) SCWorx's supplier for COVID-19 tests had previously misrepresented its operations; (2) SCWorx's buyer was a small company that was unlikely to adequately support the purported volume of orders for COVID-19 tests; (3) as a result, the Company's purchase order for COVID-19 tests had been overstated or entirely fabricated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Ryder System, Inc. (NYSE:R)

R Lawsuit on behalf of: investors who purchased July 23, 2015 – February 13, 2020
Lead Plaintiff Deadline : July 20, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/ryder-system-inc-loss-submission-form?prid=7516&wire=1

According to the filed complaint, during the class period, Ryder System, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Ryder's financial results were inflated as a result of the Company's practice of overstating the residual values of the vehicles in its fleet; (2) there was no reasonable basis to believe that Ryder would sell its used vehicles for the amounts that it had assigned to them; (3) Ryder's residual values for its fleet of vehicles exceeded the expected future values that would be realized upon the sale of those vehicles; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Wells Fargo & Company (NYSE:WFC)

WFC Lawsuit on behalf of: investors who purchased April 5, 2020 – May 5, 2020
Lead Plaintiff Deadline : August 3, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/wells-fargo-company-loss-submission-form?prid=7516&wire=1

According to the filed complaint, during the class period, Wells Fargo & Company made materially false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo planned to, and did, improperly allocate government-backed loans under the Paycheck Protection Program ("PPP"), and/or had inadequate controls in place to prevent such misallocation; (ii) the foregoing foreseeably increased the Company's litigation risk with respect to PPP allocation, as well as increased regulatory scrutiny and/or potential enforcement actions; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 595053

VANCOUVER, BC / ACCESSWIRE / June 24, 2020 / Pacton Gold Inc. (TSX-V:PAC)(OTC PINK:PACXD)(FSE:2NKN) (the "Company" or "Pacton") is pleased to announce that it has commenced fieldwork for the 2020 exploration program at its Red Lake Gold Project in Ontario. Working with AI specialists, Windfall Geotek, Pacton has identified five priority target areas, including the Carricona East target, where recent reconnaissance drilling hit mineralization including 17.2 g/t Au over 0.5 m at shallow depth. The program will include drilling, as well as regional soil sampling and geophysics. Additionally, the Company is currently in the planning stage with its JV partner, Evolution Mining, for the 2020 expansion drill program on the Sidace gold project in the Red Lake district.

Highlights

2020 field program has commenced at Red Lake Gold Project. Work will include highly targeted drilling, as well as regional soil sampling, detailed prospecting, and an IP survey covering the MD corridor target area.
Five high priority targets identified using AI. The Red Lake Extension East, Madsen East, and Carricona East targets agree with previous areas of interest identified by Pacton.
Drill holes will include follow up on successful reconnaissance drilling. The 2019/20 first pass program at Red Lake targeted the Carricona, and MD Corridor targets and hit near surface mineralization including 17.2 g/t Au over 0.5 m.

Additional Information on Target Generation

CARDS analysis uses artificial intelligence (AI) and data mining techniques to identify high priority targets by combining all available public and private data sets including geophysical, drill hole, and surface data. The algorithm is designed to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization in the Red Lake region. Pacton is conducting early stage exploration on its Red Lake properties and is utilizing the CARDS system as an exploration tool. While data from nearby advanced exploration and producers are being used, no direct comparison to these sites should be inferred. Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The following five target areas (Figure 1) have been identified and will receive priority follow up immediately by Pacton ground crews:

Madsen East

Geological Setting

Large intrusive granites and felsic to intermediate metavolcanic rocks.

Target Description

Parallel fault structure south of the Madsen and Starrat-Olsen Mines.

Carricona East

Geological Setting

Basaltic and andesitic flows, tuffs and breccias, chert, iron formations, minor metasediments and intrusive rocks.

Target Description

Parallel structure to the Carricona zone and lies proximal to the Madsen-Dixie Fault corridor.

Bug River

Geological Setting

Rhyolitic-rhyodacitic-dacitic and andesitic flows, tuffs and breccias, chert, iron formations, minor metasedimentary and intrusive rocks with related migmatites.

Target Description

Geophysically and geologically complex zone.

Super 8

Geological Setting

Mafic/ultramafics, mafic metavolcanics, metasediments, and felsic metavolcanics rocks.

Target Description

Located along the NE-SW Madsen-Red Lake trend, and easily accessible.

Red Lake Extension East

Geological Setting

Mafic metavolcanic rocks and minor iron formations surrounded by granitic intrusions

Target Description

Potential extension of Red Lake Mine Trend with ultramafic trap. Identified as near surface.

Gullrock North

Geological Setting

Mafic metavolcanic rocks and minor iron formations.

Target Description

Potential splay structure from Red Lake Mine Trend.

Figure 1. CARD analysis target locations on Red Lake Gold Property.

2019/20 Reconnaissance Drilling

The first phase of drilling on the Red Lake Gold Project has been completed, with highlights including a near surface interval of 17.2 g/t Au over 0.5 m at Carricona and the successful delineation of interpreted structure through the MD Corridor South Fault (Figure 2). The first phase of drilling began at Carricona due to the surface showing present and ease of access while the LP extension fault locations required access trails to be established. The interpreted LP extension has been consistently identified in drilling along a 5 km length, marked by intense silicification and quartz vein stockworks with variable amounts of sulphide mineralization. A series of 10 stratigraphic holes were drilled across the interpreted location of the southern LP fault extension. All of the holes encountered a well developed fault and variable widths of associated alteration, quartz veining and sulphide mineralization with no significant elevated Au values. A further three holes were completed along the northern parallel fault and are awaiting final ICP analysis due to the presence of sphalerite and broad alteration as pictured below. Phase 2 drilling, which is scheduled to begin late August, will continue to vector in on potential Au targets within the Madsen-Dixie Fault corridor, building on phase 1 drilling in combination with further geophysical, summer ground programs and AI targets as described above.

Figure 2. First phase of drilling over the main block in Red Lake, Ontario.

Further Information on 2019/20 Reconnaissance Drilling

Initial drilling undertaken in 2019 and early 2020 on Pacton's main Red Lake property block was guided primarily by structure outlined by Lidar data and by surface prospecting results. During this period multiple geophysical surveys were undertaken to refine the drill targeting databases. These included helicopter magnetic surveys and ground IP surveys. Recently, a fixed wing magnetic-VLF electromagnetic survey was completed and the results will be available within two weeks. The 2020 drill program will incorporate all geophysical results, together with the results of currently ongoing geochemical surveys into the 2020 drill target planning.

The initial drilling successfully identified classic Red Lake gold accommodation zones which are defined by altered and brecciated quartz veins containing varying amounts of sulphide minerals. Geological structure analysis and ground observations indicate that these are large systems containing smaller fold and fault structures. A few of the still untested gold accommodation zones intercepted are described below.

PAC-19-017 returned 17.2 g/t Au over 0.5 m from 16.3 to 16.8 m. Gold mineralization is associated with a structure related quartz vein with sericite and carbonate alteration and sulphide mineralization. Weak foliation with structure parallel quartz veining throughout the hole. Local mineralization present, including arsenopyrite, pyrite, chalcopyrite, and sphalerite.

PAC-20-021 intercepted the LP extension structure from 192 to 240 m (Figure 3). The epicentre of the fault has been healed by intense siliceous alteration and a brecciating quartz vein stockwork. Pervasive and fracture related hematite alteration overlaps structural interval. Local disseminated mineralization throughout the hole with local disseminated chalcopyrite in structural interval.

Figure 3. PAC-20-021 showing strong siliceous alteration within the structural corridor.

Figure 4. PAC-20-024 highlight brecciated quartz veining before the fault gouge and hematite alteration

PAC-20-024 intercepted the fault zone from 101 to 106 m (Figure 4). The fault gouge from the intercepted structure has been strongly altered with hematite. There is a 25 m halo around the fault with siliceous flooding and a brecciating quartz vein stockwork. Local stringers and disseminated zones of mineralization throughout the hole.
PAC-20-027 intercepted the targeted structure from 54 to 80 m. Intense siliceous flooding originating from a brecciating quartz vein stockwork has healed a majority of the structure. Unhealed portions of the intercepted structure have fault gouge that has been strongly altered with hematite.
PAC-20-036 intercepted a more mafic and magnetic structural target. Local shearing with more intense and higher grade alteration. Mineralization includes yellow sphalerite stringers and semi-massive chalcopyrite veinlets.

QA/QC

Drill core is logged and sampled at a secure core processing facility in Cochenour, Ontario. Core samples from the drill program are cut in half, using a diamond cutting saw with half sent for assay at SGS Labs in Red Lake, Ontario. The other half is secured and retained at a secure storage facility. All samples are analyzed for gold using standard Fire Assay-AA techniques. Samples returning greater than 10.0 g/t gold are analyzed utilizing standard Fire Assay-Gravimetric methods. Certified reference materials, blanks and duplicates are routinely inserted into the sample stream as part of Pacton's quality control/quality assurance program.

About Pacton Gold

Pacton Gold is a Canadian exploration company with key strategic partners focused on the exploration and development of high-grade conglomerate and orogenic gold properties located in the district-scale Pilbara gold rush in Western Australia and the Red Lake District, Ontario.

The technical content of this news release has been reviewed and approved by Dale Ginn, P.Geo., Executive Chairman and a director of the Company and a Qualified Person pursuant to National Instrument 43-101.

On Behalf of the Board of Pacton Gold Inc.

R. Dale Ginn
Executive Chairman

For more information, please contact, Stanislava Ludmilin, 1-(855)-584-0258 or info@pactongold.com.

This news release may contain or refer to forward-looking information based on current expectations, including, but not limited to the Company achieving success in exploring its properties and the impact on the Company of these events, including the effect on its share price. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances. References to other issuers with nearby projects is for information purposes only and there are no assurances the Company will achieve similar results.

Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Pacton Gold Inc.

ReleaseID: 595109

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

VANCOUVER, BC / ACCESSWIRE / June 24, 2020 / Strategic Metals Ltd. (TSXV:SMD) ("Strategic" or the "Company") is pleased to announce that, subject to regulatory acceptance, it will increase the size of the "flow-through unit" portion of the brokered private placement, to be co-led by Agentis Capital Markets Canada Limited Partnership and Haywood Securities Inc. and previously announced on June 18, 2020 (the "Offering"), to up to C$4,796,800. There will be no change in the amount to be raised pursuant to the "Unit" portion of the Offering.

About Strategic Metals Ltd.

Strategic is a project generator with a portfolio of more than 130 projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries. Current projects include more than 80 properties where precious metals are a major component. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings, geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of over $6.5 million and large shareholdings in a number of active mineral exploration companies including 46.3% of GGL Resources Corp., 36.3% of Rockhaven Resources Ltd., 19.9% of Precipitate Gold Corp., 18.7% of Silver Range Resources Ltd., 9.9% of Trifecta Gold Ltd., and 6.1% of ATAC Resources Ltd. Strategic also holds a 53.5% interest in Terra CO2 Technologies Holdings, Inc. a private Delaware corporation which is developing an environmentally-friendly, cost-effective alternative to Portland cement.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

ON BEHALF OF THE BOARD

"W. Douglas Eaton"

President and Chief Executive Officer

Corporate Information
Strategic Metals Ltd.
W. Douglas Eaton
President and C.E.O.
Tel: (604) 688-2568

Investor Inquiries
Richard Drechsler
V.P. Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
rdrechsler@strategicmetalsltd.com
http://www.strategicmetalsltd.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.

SOURCE: Strategic Metals Ltd.

ReleaseID: 595164

LONDON / ACCESSWIRE / June 24, 2020 / Kinesis today releases a new user interface for the Kinesis Exchange, bringing a smooth user experience and all-new responsive chart functionality to the trading platform.

Through the Kinesis Exchange, Kinesis offers traditional and cryptocurrency traders simple, low-cost access to allocated physical gold and silver bullion, with all storage fees covered.

In an industry first, Kinesis has integrated securely vaulted, allocated, physical bullion with blockchain technology to create digital currencies of enduring value. Kinesis gold and silver-based digital currencies bring instant, low-cost global transactions and immediate liquidity to precious metals investment and trading. Later this month, the launch of the Kinesis virtual debit card is set to provide the global community with a full end-to-end solution, transforming physical gold and silver and cryptocurrency into spendable currencies.

In commitment to providing a seamless and diverse trading experience, Kinesis has enhanced the layout, analytical functionality and expanded the available trading pairs on the Kinesis Exchange. The Kinesis Exchange provides a fluid user experience, increased accessibility and greater analytical control over the trading environment.

Kinesis has redesigned the Kinesis Exchange interface to deliver an intuitive trading experience. The streamlined design guides users from analysis through to trade execution on a single screen, allowing for seamless efficiency of trade. The professional interface features responsive TradingView charts, technical indicators and interactive drawing capabilities to equip users with all necessary tools to capitalise on fast-moving markets.

The enhanced single-screen layout presents convenient access to the order book, depth displays, order history and open charts, with the optional viewing preference of full-screen view.

A synchronised redesign of the Kinesis mobile app ensures the elevated UI and charting functionality are accessible away from your desktop, complete with full-screen mode for frictionless mobile trading, scheduled for release on iOS and Android later this month.

Alongside engaging traditional traders, the Kinesis Exchange is now poised to compete with more established cryptocurrency exchanges. Progression chartered in the vital additions of the world's most prominent cryptocurrency, Bitcoin (BTC), and the popular stable coin, pegged to the price of the U.S dollar, Tether (USDT). The global crypto community has the ideal opportunity to diversify or stabilise their cryptocurrency portfolio, with the stable value of physical gold and silver, through Kinesis digital gold and silver-based currencies, KAU and KAG.

Kinesis gold and silver-based digital currencies represent allocated physical gold and silver bullion, KAU – 1 gram of gold – and KAG – 1 ounce of silver; with the holder owning the underlying bullion, stored in the Kinesis vaulting network without charge. KAU and KAG make physical gold and silver bullion immediately accessible for trade with fiat or cryptocurrency, with a flat 0.22% trade execution fee; instant remittance with a flat 0.45% fee, or spendable at point of sale via the Kinesis virtual debit card.

Conceived to disrupt archaic industry infrastructure, Kinesis is positioned to transform the precious metals space. In combining the timeless value of physical gold and silver with the borderless value and efficiency of cryptocurrency, Kinesis has created the ideal solution for investors and traders alike.

For more information and pricing please visit: https://kinesis.money/exchange/

CONTACT:
Name: Kinesis Money
Email: info@kinesis.money

SOURCE: kinesis

ReleaseID: 595104

NEW YORK, NY / ACCESSWIRE / June 24, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

PRA Shareholders Click Here: https://www.zlk.com/pslra-1/proassurance-corporation-loss-form?prid=7540&wire=1
WORX Shareholders Click Here: https://www.zlk.com/pslra-1/scworx-corp-loss-submission-form?prid=7540&wire=1
CTMX Shareholders Click Here: https://www.zlk.com/pslra-1/cytomx-therapeutics-inc-loss-submission-form?prid=7540&wire=1

* ADDITIONAL INFORMATION BELOW *

ProAssurance Corporation (NYSE:PRA)

PRA Lawsuit on behalf of: investors who purchased April 26, 2019 – May 7, 2020
Lead Plaintiff Deadline: August 17, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/proassurance-corporation-loss-form?prid=7540&wire=1

According to the filed complaint, during the class period, ProAssurance Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) ProAssurance lacked adequate underwriting process and risk management controls necessary to set appropriate loss reserves in its Specialty P&C segment; (ii) ProAssurance failed to properly assess a large national healthcare account that experienced losses far exceeding the assumptions made when the account was underwritten; and (iii) as a result, ProAssurance was subject to materially heightened risk of financial loss and reserve charges.

SCWorx Corp. (NASDAQ:WORX)

WORX Lawsuit on behalf of: investors who purchased April 13, 2020 – April 17, 2020
Lead Plaintiff Deadline: June 29, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/scworx-corp-loss-submission-form?prid=7540&wire=1

According to the filed complaint, during the class period, SCWorx Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) SCWorx's supplier for COVID-19 tests had previously misrepresented its operations; (2) SCWorx's buyer was a small company that was unlikely to adequately support the purported volume of orders for COVID-19 tests; (3) as a result, the Company's purchase order for COVID-19 tests had been overstated or entirely fabricated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

CytomX Therapeutics, Inc. (NASDAQ:CTMX)

CTMX Lawsuit on behalf of: investors who purchased May 17, 2018 – May 13, 2020
Lead Plaintiff Deadline: July 20, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/cytomx-therapeutics-inc-loss-submission-form?prid=7540&wire=1

According to the filed complaint, during the class period, CytomX Therapeutics, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) CytomX had downplayed issues with CX-072's efficacy observed in the PROCLAIM-CX-072 clinical program; (ii) CytomX had similarly downplayed issues with CX-2009's efficacy and safety observed in the PROCLAIM-CX-2009 clinical program; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 595161

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SCWorx Corp. ("SCWorx" or "the Company") (NASDAQ:WORX) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. SCWorx announced a purchase order for two million COVID-19 rapid testing kits "with provision for additional weekly orders of 2 million units for 23 weeks, valued at $35M per week," on April 13, 2020. Hindenburg Research published a report on April 17, 2020, calling the deal "completely bogus." The report alleges that the test provider's CEO "formerly ran another business accused of defrauding its investors and customers" and "was also alleged to have falsified his medical credentials." The report also claims that the Company's buyers do not seem "capable of handling hundreds of millions of dollars in orders." Based on this news, shares of SCWorx fell sharply over the next several trading sessions.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 595160