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TORONTO, March 20, 2023 /CNW/ - Adventus Mining Corporation ("Adventus")(TSXV: ADZN) (OTCQX: ADVZF) and Salazar Resources Limited ("Salazar")(TSXV: SRL) (OTCQB: SRLZF) (collectively the "Participants") are pleased to announce additional infill drilling results from the underground portion of the El Domo volcanogenic massive sulphide deposit ("El Domo") located within the 21,537-hectare Curipamba project in central Ecuador.

Highlights Drill Results from the El Domo Deposit at Curipamba:

Drill hole CURI-412 intersected a thick section of massive sulphide from 200.27 to 214.46 metres, grading 3.13% copper, 0.79 g/t gold, 4.02% zinc, 27.9 g/t silver including a 1.18 metre subset from 200.27 to 201.45 metres with 5.25% copper, 1.31 g/t gold, 2.74% zinc, and 147.2 g/t silver. The highest gold and zinc values are on the upper part of the massive sulphide but the copper values continue down to 214.46 metres.

Drill Hole

From

(m)

To

(m)

Thickness

(m)

Cu(%)

Au(g/t)

Zn

(%)

Ag(g/t)

Pb(%)

CopperEquivalency(%) (1) (2)

Approx. TrueThickness (m)

CURI-412

200.27

214.46

14.19

3.13

0.79

4.02

27.9

0.00

4.44

13.71

including

200.27

201.45

1.18

5.25

1.31

2.74

147.2

0.00

6.69

1.13

(1)

Metal equivalency based on US$4.00/lb Cu, US$1,886.20/oz Au, US$1.36/lb Zn, US$22.06/oz Ag and US$0.93/lb Pb. Prices taken from 6-month contracts for precious metals and 3-month contracts for base metals from the London Metal Exchange, dated February 17, 2023.

(2)

Metal equivalency adjusted for metal recoveries based on detailed metallurgical data from Feasibility Study filed on SEDAR, effective data October 26, 2021. The report is titled "NI 43-101 Technical Report, Feasibility Study, Curipamba El Domo Project, Central Ecuador".

Drill hole CURI-413 intersected a massive sulphide section from 191.11 to 193.48 metres grading 5.06% copper, 0.80 g/t gold, 1.18% zinc, 9.3 g/t silver and 0.01% lead. The mineralization is present in the form of large clasts within a dacite breccia possibly due to replacement. It is an eastern continuation to the mineralization of the historical CURI-160 which had nearly 11 metres of massive sulfide.

Drill Hole

From

(m)

To

(m)

Thickness

(m)

Cu(%)

Au(g/t)

Zn(%)

Ag(g/t)

Pb(%)

CopperEquivalency(%)(1) (2)

Approx. TrueThickness (m)

CURI-413

191.11

193.48

2.37

5.06

0.80

1.18

9.3

0.01

4.29

2.26

(1)

Metal equivalency based on US$4.00/lb Cu, US$1,886.20/oz Au, US$1.36/lb Zn, US$22.06/oz Ag and US$0.93/lb Pb. Prices taken from 6-month contracts for precious metals and 3-month contracts for base metals from the London Metal Exchange, dated February 17, 2023.

(2)

Metal equivalency adjusted for metal recoveries based on detailed metallurgical data from Feasibility Study filed on SEDAR, effective data October 26, 2021. The report is titled "NI 43-101 Technical Report, Feasibility Study, Curipamba El Domo Project, Central Ecuador".

Drill hole CURI-414 intersected a section of semi-massive and massive sulphide separated by a low-grade fault zone, all between 192.95 to 204.55 metres grading 1.10% copper, 0.51 g/t gold, 0.5% zinc, 19.5 g/t silver and 0.01% lead. The lower 0.94 metre is high-grade copper, grading 7.45% copper, 0.82 g/t gold, 5.47%zinc, 78.3 g/t silver, and 0.09% lead. This drill hole is an extension of the mineralization in the eastern portion of the underground resource.

Drill Hole

From

(m)

To

(m)

Thickness

(m)

Cu(%)

Au(g/t)

Zn(%)

Ag(g/t)

Pb(%)

CopperEquivalency(%) (1) (2)

Approx. TrueThickness (m)

CURI-414

192.95

204.55

11.6

1.10

0.51

0.50

19.5

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Adventus Mining and Salazar Resources Announce Additional El ... - Junior Mining Network