Mosaic begins exploration work on Mirabelli SM Page 1

MONTREAL, August 30, 2024 (GLOBE NEWSWIRE) — Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “the Company”) announces the commencement of exploration operations at the Mirabelli SM project near Eastmain, James Bay, Quebec. The field prospecting campaign is expected to last one week.

The Mirabelli SM field consists of 345 cells covering an area of ​​almost 20 km² and is located approximately 15 km southeast of the municipality of Eastmain. It is accessible via the Eastmain Village provincial road. The Mirabelli SM sector, which has been very little explored over the years, could be conducive to the discovery of new metal or mineral indices. Crossed by several major faults in contact with volcanic horizons and tonalitic intrusions, this field presents a geological environment favorable to the presence of gold, silver, base metals and lithium.