Frankfurt, Berlin, & Munich Exchanges: EML EMERGENT METALS CORP. COMPLETES SALE OF ITS YORK CLAIMS TO LAHONTAN GOLD
EMERGENT METALS CORP.
620-1111 Melville Street,
Vancouver, B.C. V6E 2V6
www.emergentmetals.com
October 23, 2025 TSX Venture Exchange: EMR
OTCQB: EGMCF
Frankfurt, Berlin, & Munich Exchanges: EML
EMERGENT METALS CORP.
COMPLETES SALE OF ITS YORK CLAIMS TO LAHONTAN GOLD
Vancouver, British Columbia, October 23, 2025 – Emergent Metals Corp. (TSXV: EMR, OTC:
EGMCF, FRA: EML, BSE: EML, MUN: ELM) (“Emergent” or the “Company”) announces that it has
completed the sale of 27 unpatented lode mineral claims (the “ York Claims”) to Lahontan Gold Corp.
(TSXV: LG) (“Lahontan”). The claims were part of Emergent’s New York Canyon Property, located in
Nevada, and are directly south of and abutting Lahontan’s Santa Fe Property . Their sale to Lahontan will
allow the potential expansion of Lahontan’s York resource southward onto the York Claims (see Lahontan
Gold press release dated August 19, 2025, for additional information).
Terms of the York transaction (the “York Transaction”), initially announced by news release on August
19, 2025, include:
• On signing the Term Sheet, Lahontan will pay Emergent’s U.S. subsidiary, Golden Arrow Mining
Corporation (“GAMC”), a sum of US$10,000 (paid).
• On signing the York Agreement and Toronto Venture Exchange (the “ Exchange”) approval,
Lahontan will issue GAMC a US$50,000 promissory note, with a 1% per month interest rate, and
payable within six months of signing the Agreement (completed).
• On signing the York Agreement and Exchange approval, Lahontan will issue 2,000,000 common
shares of Lahontan Gold Corp. to GAMC or its designee (completed).
• On signing of the Agreement, Exchange Approval, payment of the cash, issuance of the shares, and
issuance of the promissory note outlined above, GAMC will facilitate the transfer of the York
Claims to Lahontan or its designee, to be completed within 30 days.
• As part of the transfer, LG will grant GAMC a 1% NSR royalty (the “ Royalty”) on the York
Claims. At any time before the third anniversary of the Agreement, Lahontan may purchase the
Royalty for US$500,000. After the third and before the seventh anniversary of the Agreement,
Lahontan may purchase the Royalty for US$1,000,000. The terms and conditions of the Royalty
are defined in the Agreement.
Note that the timing of the claim transfer could be affected by the current U.S. government shutdown, which
may affect the Bureau of Land Management (the “BLM”).
David Watkinson, President and CEO of Emergent, stated, “Lahontan’s Santa Fe Property is a past -
producing open-pit heap leach gold mine being fast-tracked back into production by Lahontan. It is one of
the best near-term development gold projects in Nevada. The Transaction allows Emergent to become a
shareholder of Lahontan, and we believe these shares will have significant upside investment potential, as
Lahontan advances Santa Fe towards production . Upside also exists, down the road , through the NSR or
early buyout of the NSR. Emergent will retain the remainder of the New York Canyon Property, hosting
the Longshot Ridge, Copper Queen, Champion, and Emma copper skarn and porphyry targets and the
Yorkie Gold Target.”
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Lahontan also has a Lease with Option to Purchase Agreement on Emergent’s West Santa Fe Property, a
potential satellite deposit to the Santa Fe Property, which Lahontan plans to drill in late 2025 . West Santa
Fe hosts a near-surface gold and silver exploration target with geologic similarities to the Santa Fe deposits.
About Emergent
Emergent is a gold and base metal exploration company focused on Nevada and Quebec. The Company’s
strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them
through sales, joint ventures, options, royalties, and other transactions to create value for our shareholders
– an acquisition and divestiture (“A&D”) business model.
In Nevada, Emergent’s Golden Arrow Property is an advanced-stage gold and silver property with a well-
defined measured and indicated resource and a Plan of Operations and Environmental Assessment in place
to conduct a major drilling program . New York Canyon is an advanced-stage copper skarn and porphyry
exploration property. The West Santa Fe Property is a gold, silver, and base metal property, subject to a
Lease with an Option to Purchase Agreement with Lahontan Gold Corporation ( TSXV: LG). Buckskin
Rawhide East is a gold and silver property leased to Rawhide Mining LLC, operators of Rawhide Mine.
In Quebec, the Casa South Property is a gold exploration property located south of and adjacent to Hecla
Mining Company’s (NYSE: HL) operating Casa Berardi Mine and north of and adjacent to IAMGOLD
Corporation’s ( NYSE: IAG) Gemini Turgeon Property . The Trecesson Property is a gold exploration
property located about 50 km north of the Val d’Or mining camp. Emergent has a 1% NSR in the Troilus
North Property, part of the Troilus Gold Project, being explored by Troilus Gold Corporation (TSX: TLG).
Emergent also has a 1% NSR in t he East-West Property, part of Agnico Eagle Mines Limited Canadian
Malartic Complex (NYSE: AEM).
Note that the location of Emergent’s properties adjacent to producing or past-producing mines or advanced-
stage properties does not guarantee exploration success at Emergent’s properties or that mineral resources
or reserves will be delineated.
Qualified Person
All scientific and technical information disclosed in this new release was reviewed and approved by David
Watkinson, P.Eng., an employee of Emergent and a non -independent qualified person under National
Instrument 43-101.
For more information on the Company, investors should review the Company’s website
at www.emergentmetals.com or view the Company’s filings available at www.sedarplus.ca.
On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information, please contact:
David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Cautionary Note on Forward-Looking Statements
Certain statements made and information contained herein may constitute “ forward-looking information” and “ forward-looking
statements” within the meaning of applicable Canadian and United States securities legislation. These statements and informat ion
are based on facts currently available to the Company and there is no assurance that actual results will meet management’s
expectations. Forward-looking statements and information may be identified by such terms as “anticipates”, “believes”, “targets”,
“estimates”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward-looking statements and information contained herein
are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the
realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploratio n and
development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title
disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, for ward-looking
statements and information are not guarantees of future performance , and readers should not place undue importance on such
statements as actual events and results may differ materially from those described herein. The Company does not undertake to
update any forward -looking statements or information except as may be requir ed by applicable securities laws . The Company's
Canadian public disclosure filings may be accessed via www.sedarplus.ca, and readers are urged to review these materials,
including any technical reports filed with respect to the Company's mineral properties.