Vancouver, British Columbia–(Newsfile Corp. – January 16, 2019) – Great Bear Resources (TSXV: GBR) (the “Company” or “Great Bear”) today reported drill results from the Hinge Zone (“DHZ”) and South Limb Zone (“DSL”) at its 100% owned Dixie Project in the Red Lake District of Ontario. Results include 1,602.73 g/t gold over 0.70 metres (approximate true width) at 150 metres vertical depth. An image of the gold mineralization in DHZ-014 is shown in Figure 1.

Figure 1: Image of 1,602.73 g/t (51.29 ounces per tonne) gold in Hinge Zone drill hole DHZ-014. The image is selective and is not representative of the gold mineralization hosted on the property.

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Chris Taylor, President and CEO of Great Bear said: “Our Hinge and South Limb Zone are part of a continuous gold vein system which is interpreted to extend along 300 metres in strike length and has been drill tested to a depth of 212 metres. The zone remains open in all directions and occurs immediately south of a regional east-west trending D2 fold hinge and associated structures which extends for approximately 10 kilometres into undrilled areas. For comparison, the Red Lake-Campbell complex (Red Lake Gold Mine) also occurs proximal to a regional D2 fold where shear zones developed and acted as primary hydrothermal fluid conduits, across a 3.2 kilometre by 2.2 kilometre area. Great Bear’s 2019 drill program is fully funded, and results will continue to be released regularly in batches as the program progresses.”

Hinge zone hole DHZ-014 intersected a 10.1 metre wide vein zone (approximate true width). Visible gold was observed at both its upper and lower contacts (Table 1). The vein zone is part of the larger Hinge/South Limb vein system, which parallels an ultramafic unit and deep-seated fault at the centre of the Dixie gold system (Figure 2). The DSL/DHZ vein system has been intersected in 28 drill holes across 300 metres of strike length to-date and is open along strike and at depth. The D2 fold axis that appears to be a significant gold control has been traced through geophysical methods across more than 10 kilometres of strike length. DHZ-014 was drilled to test Great Bear’s 3D vein model, which accurately predicted veining would be present within 15 metres of the actual intercept.

Table 1: Detailed assay results including both metric and imperial units from across the complete mineralized zone in Hinge zone drill hole DHZ-014. Interval begins at 150 metres vertical depth.

 * width is determined to be 95-100% of true width based on intersection points of the drill hole intercept with the geological model and oriented drill core data. Complete assays of zone below in Table 3.

Other results include additional gold intervals from previously reported Hinge and South Limb drill holes (see news release of December 12, 2018), identified during assaying of the entire drill holes, and are provided in Table 2. 8 of 19 drill holes completed in December 2018 across 220 metres strike length of the South Limb and Hinge zones intersected intervals of greater than 15 g/t gold.

Table 2: Additional gold intervals from drill holes previously released by Great Bear from the Hinge and South Limb Zones. Original results were provided on December 12, 2018.

Drill Hole		From (m)	To (m)	Width (m)	Gold (g/t)	Vertical Depth (m)	Zone
DHZ-012		275.60	277.60	2.00	2.73	223	Hinge
	including	275.60	276.15	0.55	6.02
DSL-014		100.50	102.00	1.50	4.16	81	South Limb
	and	163.50	166.50	3.00	4.85	132
	including	164.50	166.50	2.00	7.17
	and including	164.50	165.50	1.00	13.33
	and including	164.50	165.00	0.50	25.82
DSL-015		165.85	170.80	4.95	1.21	156	South Limb
	including	169.50	170.30	0.80	5.45
	and	173.00	173.50	0.50	9.33

 * width is determined to be 95-100% of true width based on intersection points of the drill hole intercept with the geological model and oriented drill core data.

A cross section through the Hinge Zone is shown on Figure 2. A map showing the Dixie gold zones and current drill results is shown on Figure 3. A long section through the South Limb and Hinge zones is shown on Figure 4. All assays received from the mineralized zone in DHZ-014 and a description of the observed geology are provided in Table 3.

Figure 2: Cross section of Hinge Zone showing central ultramafic and adjacent drill results to-date. Dixie Limb Zone is located to the right of this image and also parallels the central ultramafic.

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Figure 3: Plan map of the Dixie Gold System showing the drill collar locations and hole traces of currently reported gold results.

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Great Bear is currently undertaking a fully-funded 30,000 metre, approximately 150 drill hole program that is expected to continue through 2019 and 2020. A second drill rig will be added to the project in early 2019 to accelerate this work.

Additional photos of mineralization are provided at the Company’s web site at www.greatbearresources.com.

Webinar

Great Bear will host a webinar to discuss the Company’s recent drill results and its recently released 3D model. The webinar will take place on Thursday, January 17^th at 11:00am PST/2:00pm EST. Management will be available to answer questions following the presentation. Online access and dial-in numbers are:

Readytalk Platform (access at the time of event):
* http://www.readytalk.com/join
* Access code: 5147677

Dial-In Numbers:
* Canada: +1-647-722-6839
* United States: +1-303-248-0285
* Access Code: 5147677

Figure 4: Long section through the DHZ/DSL as drilled to-date showing currently reported drill results.

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Table 3: All assay intervals and geological description of each interval of DHZ-014 in the vein zone.

Drill Hole	From (m)	To (m)	Gold (g/t)	Description
DHZ-014	176.5	177	58.4	High-Fe Tholeiitic Pillow Basalt with quartz veining with visible gold
DHZ-014	177	177.5	0.066	High-Fe Tholeiitic Pillow Basalt
DHZ-014	177.5	178.5	0.027	High-Fe Tholeiitic Pillow Basalt
DHZ-014	178.5	180	0.023	High-Fe Tholeiitic Pillow Basalt
DHZ-014	180	180.7	0.031	High-Fe Tholeiitic Pillow Basalt
DHZ-014	180.7	181.2	0.297	High-Fe Tholeiitic Pillow Basalt
DHZ-014	181.2	181.8	0.385	High-Fe Tholeiitic Pillow Basalt
DHZ-014	181.8	182.4	2.955	Quartz Vein
DHZ-014	182.4	182.9	0.285	Quartz Vein
DHZ-014	182.9	183.4	0.169	High-Fe Tholeiitic Pillow Basalt
DHZ-014	183.4	183.9	0.367	Argillite
DHZ-014	183.9	184.4	1.715	Argillite
DHZ-014	184.4	185.1	1602.73	Quartz Vein with 3-5% visible gold
DHZ-014	185.1	185.6	0.137	Quartz Vein
DHZ-014	185.6	186.1	0.337	Calc-Alk Massive Basalt
DHZ-014	186.1	186.6	0.119	Calc-Alk Massive Basalt

About Great Bear

The Dixie property is located approximately 15 minutes’ drive along Highway 105 from downtown Red Lake, Ontario. The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Goldcorp Inc., plus modern infrastructure and a skilled workforce. The Dixie property covers a drill and geophysically defined 10 kilometre gold mineralized structure similar to that hosting other producing gold mines in the district. In addition, Great Bear is also earning a 100% royalty-free interest in its West Madsen properties which total 3,860 hectares and are contiguous with Pure Gold Mining Inc.’s Madsen property. All of Great Bear’s Red Lake projects are accessible year-round through existing roads.

Drill core is logged and sampled in a secure core storage facility located in Red Lake Ontario. Core samples from the program are cut in half, using a diamond cutting saw, and are sent to Activation Laboratories Ltd. in Ancaster Ontario, and SGS Canada Inc. in Red Lake, Ontario, both of which are accredited mineral analysis laboratories, for analysis. All samples are analysed for gold using standard Fire Assay-AA techniques. Samples returning over 3.0 g/t gold are analysed utilizing standard Fire Assay-Gravimetric methods. Certified gold reference standards, blanks and field duplicates are routinely inserted into the sample stream, as part of Great Bear’s quality control/quality assurance program (QAQC). No QAQC issues were noted with the results reported herein.

Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.

For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.

ON BEHALF OF THE BOARD

“Chris Taylor”

Chris Taylor, President and CEO

Inquiries:
Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca

Neither 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 new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.

We seek safe harbor

TORONTO , Jan. 16, 2019 /CNW/ – Treasury Metals Inc. (TML.TO) (“Treasury Metals” or the “Company”) is pleased to announce that it has entered into a Memorandum of Understanding (“MOU”) with Eagle Lake First Nation in relation to the Company’s Goliath Gold Project in Northwestern Ontario (the “Project”).

The MOU is a framework agreement between Eagle Lake First Nation and Treasury Metals to facilitate effective communication, engagement, and negotiation between the Parties with respect to the Project. The MOU will serve as an avenue to facilitate Eagle Lake First Nation’s meaningful continued participation in the federal environmental assessment and regulatory approval process for the Project. Further, the MOU provides a structure for additional opportunities and pathways to participate in the Project through employment, training and business development, financial participation and environmental and cultural protection.

Greg Ferron , CEO of Treasury, states, “A key goal of the Goliath Gold Project is to reflect the knowledge and input of all stakeholders and Indigenous communities in the development of the Goliath Gold Project and Eagle Lake First Nation’s regional experiences, and local traditional knowledge will help with the development of a socially and environmentally responsible Project.”

On behalf of Eagle Lake First Nation, Chief Arnold Gardner commented, “Signing an MOU with Treasury Metals is a positive step moving forward toward building trust with the community of Eagle Lake First Nation which is an important step in the process.”

To view further details about the Goliath Gold Project, please visit the Company’s website at www.treasurymetals.com.

Follow us on Twitter @TreasuryMetals

About Treasury Metals Inc.:

Treasury Metals Inc. is a gold focused exploration and development company with assets in Canada and is listed on the Toronto Stock Exchange (“TSX”) under the symbol “TML” and on the OTCQX® Best Market under the symbol TSRMF. Treasury Metals Inc.’s 100% owned Goliath Gold Project in northwestern Ontario is slated to become one of Canada’s next producing gold mines. With first-rate infrastructure currently in place and gold mineralization extending to surface, Treasury Metals plans on the initial development of an open pit gold mine to feed a 2,500 per day processing plant with subsequent underground operations in the latter years of the mine life.

About Eagle Lake First Nation:

The Eagle Lake First Nation is situated on the northeast shores of Eagle Lake and is located in the heart of the Canadian Shield in the boreal forests and lakes of Northwestern Ontario . The community is approximately 25 km southwest of Dryden and is accessible via Highways 502 and 594, and is a two hour drive from the U.S. border. Eagle Lake’s total on-reserve population as of December 2018 is 238.

The people of Eagle Lake are governed by a Chief and three Council members, elected every two years under the Indian Act. Eagle Lake is part of the Grand Council Treaty #3 which was signed on October 3 , 1873. Grand Council Treaty #3 covers 55,000 square miles.

Eagle Lake First Nation is located within the Grand Council Treaty #3 territory with a land base of 55,000 square miles in Northwestern Ontario . Eagle Lake First Nation of Eagle Lake is also referred to as Migisi Sahgaigan (Ojibway translation of Eagle Lake ).

For further information about the community of Eagle Lake First Nation please visit: http://www.eaglelakefirstnation.ca/.

Forward-looking Statements

This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expect, are forward-looking statements. Actual results or developments may differ materially from those in forward-looking statements. Treasury Metals disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

SOURCE Treasury Metals Inc.

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TORONTO , Jan. 15, 2019 /CNW/ – Excellon Resources Inc. (TSX:EXN and OTC:EXLLF) (“Excellon” or the “Company”) is pleased to announce fourth quarter and annual 2018 production results from the Platosa Mine in Durango, Mexico .

Highlights

• 2018 Production (compared to 2017)

• Q4 2018 Production (compared to Q4 2017)

“We realized strong improvements in production in Q4 over Q3 2018, though December scheduling and lower base metal prices impacted silver equivalent production,” stated Brendan Cahill , President and CEO. “Overall, 2018 was a strong year, with record tonnage processed at our Miguel Auza facility and Platosa optimization efforts continuing to pay off. We continue to identify and pursue opportunities to increase metal production and remain focused on increasing daily tonnage while maintaining improved ore grades.”

Production Results

Production during Q4 2018 improved over Q3 2018 and Q4 2017 as multiple ore faces were accessed in the Rodilla, 623, Guadalupe South and Pierna mantos with higher grades and recoveries realized. With ongoing access to multiple ore faces, production is expected to improve further as development progresses toward the next production horizon in level 924.

The Company expects to release fourth quarter financial results at market open on March 20, 2019 .

Qualified Persons

Denis Flood , P. Eng., Vice President Technical Services, has acted as the Qualified Person, as defined in NI 43-101, with respect to the disclosure of the scientific and technical information relating to production results contained in this press release.

About Excellon

Excellon’s 100%-owned Platosa Mine has been Mexico’s highest-grade silver mine since production commenced in 2005. The Company is focused on optimizing Platosa’s cost and production profile, discovering further high-grade silver and carbonate replacement deposit (CRD) mineralization on the 21,000 hectare Platosa Project and epithermal silver mineralization on the 100%-owned 45,000 hectare Evolución Property, and capitalizing on current market conditions by acquiring undervalued projects in the Americas.

Additional details on the La Platosa Mine and the rest of Excellon’s exploration properties are available at http://www.excellonresources.com/.

Forward-Looking Statements

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release, which has been prepared by management. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, business and financing plans, business trends and future operating revenues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any minerals produced, the Company’s inability to obtain any necessary permits, consents or authorizations required for its activities, to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies. All of the Company’s public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties, and particularly the September 7, 2018 NI 43-101 technical report prepared by SRK Consulting ( Canada ) Inc. with respect to the Platosa Property. This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States. 

SOURCE Excellon Resources Inc.

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Toronto, Ontario and Vancouver, British Columbia–(Newsfile Corp. – January 14, 2019) –  Minera Alamos Inc. (TSXV: MAI) (“Minera” or the “Company”) cordially invites you to visit with Company representatives at Booth #838 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday, January 20^th – Monday, January 21^st, 2019.

Minera looks forward to updating shareholders and conference attendees alike on its aggressive plans for 2019, following the conclusion of a highly successful 2018 and especially given its progress on its proposed mine development, with permitting milestones achieved at the La Fortuna project, Durango, Mexico and pending permits at the Santana project, Sonora, Mexico.

For more information and/or to register for the conference please visit:

https://cambridgehouse.com/vancouver-resource-investment-conference

New and Improved Website Launched

In addition, the Company is pleased to have launched a brand new and comprehensive website at www.mineraalamos.com and we welcome site visitors to sign up to ensure prompt receipt of Minera’s news and updates.

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For Further Information Please Contact:

Minera Alamos Inc.
Doug Ramshaw, President
Tel: 604-600-4423
Email: dramshaw@mineraalamos.com
Website: www.mineraalamos.com

About Minera Alamos Inc.

Minera Alamos is an advanced-stage exploration and development company with a growing portfolio of high-quality Mexican assets, including the La Fortuna open-pit gold project in Durango with positive PEA completed, the Santana open-pit heap-leach development project in Sonora with test mining and processing completed and the Guadalupe de Los Reyes open-pit gold-silver project in Sinaloa with mine planning in progress. The Company is awaiting the pending approval of permit applications related to the commercial production of gold at both the Santana and Fortuna projects.

The Company’s strategy is to develop low capex assets while expanding the project resources and pursue complementary strategic acquisitions.

NEITHER 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.