Buenos Aires, Argentina – January 6, 2025 – Cerro Vanguardia, with over 26 years of experience in gold and silver mining, has signed an agreement with Minera Don Nicolás to acquire the mining rights for the Michelle project, a 14,328-hectare property located to the northwest of its operation.

Lithium Americas (Argentina) Corp., known as Lithium Argentina, continues to move forward with the process of relocating its corporate domicile to Switzerland and operating under the new name, Lithium Argentina AG. This strategic shift, originally announced on November 29, 2024, will be subject to a shareholder vote at a special meeting scheduled for January 17.

Cerrado Gold Inc. announced that its wholly owned subsidiary, Minera Don Nicolas S.A. ("MDN"), have entered into an option agreement ("Option Agreement") with Cerro Vanguardia S.A. ("CVSA") a wholly-owned subsidiary of AngloGold Ashanti Holdings Plc, whereby MDN has granted to CVSA the option to purchase a 100% interest in certain properties (the "Michelle Properties") located in the south region of MDN's Minera Don Nicolas Project in Santa Cruz, for total consideration of the Argentina peso equivalent of US$14 million (approximately C$19 million), subject to the fulfillment of certain conditions. The Option Agreement was ratified December 23, 2024, with effect December 18, 2024.

Argentina, with great potential to develop its Andean porphyries.

In 2024, the Center for Research on the Prevention of Mining Industrial Environmental Pollution (CIPCAMI) demonstrated its commitment to environmental protection through 63 water quality monitoring commissions in the departments of Iglesia, Calingasta, and Jáchal, as well as in Ullum, Valle Fértil, and Sarmiento. These commissions facilitated the collection of 382 samples to ensure the quality of the province's water resources.

With a new CEO and strong investment in technology, the leading company in the metalworking sector in San Juan is preparing for the major challenges of the province and the country in 2025.

Regardless of having lower values compared to other metals, silver holds its appeal.

Expert in Circular Economy and Sustainability in the Mining Industry

With nearly 30 years of experience at Scania, including his recent role as Managing Director of Scania Iberia, the new CEO will take on the leadership role in Argentina starting on January 1, 2025.

On December 23, Aldebaran Resources Inc. announced that Nuton Holdings Ltd., a Rio Tinto venture, has confirmed it will make the second payment (US$20 Million) pursuant to the Option to Joint Venture Agreement with Aldebaran announced on November 7, 2024. Aldebaran anticipates receiving the payment in early January 2025.

Established gold producer Austral Gold Limited announced that Casposo Argentina Ltd – Sucursal Argentina (Casposo), a branch of the Company’s subsidiary Casposo Argentina Mining Ltd., obtained a US$7 million secured loan from Banco San Juan S.A., located in Argentina.

NGEx Minerals Ltd. provided the first update on its ongoing Phase 3 drill program at the 100% owned Lunahuasi high-grade copper-gold-silver project in San Juan province. Drilling started in mid-October 2024, and six diamond drill rigs are currently working on the project.