Emergent Metals Corp. Provides an Update on its Troilus North Property Royalty, Quebec

(TheNewswire)

Vancouver, British Columbia, January14, 2025 – TheNewswire - Emergent Metals Corp.(TSXV:EMR, OTC:EGMCF, FRA:EML, BSE:EML, MUN:ELM) (“ Emergent ” or the “ Company ”) is pleased to provide an update on its royaltyinterest in the Troilus North Property, Quebec.  The Troilus NorthProperty (the “ Property ”) is an 11,300-hectare propertythat is part of Troilus Gold Corp.’s ( TSX:TLG )(“ Troilus ”) Troilus Gold Project (the“ Project ”).  The Project is a past producing copper and gold minebeing advanced towards production by Troilus.

Emergent has a 1% Net Smelter Royalty (the“ NSR ”) on the Property, which Troilus can acquire at any timefor CDN$1.0 million.  Note that the Property is on strike andnortheast of the main resource areas defined by Troilus to date, butno mineral resources have yet been defined on the Property.  DavidWatkinson, President and CEO of Emergent stated, “We are excited byTroilus’ progress to bring the Troilus Project back into production,and it will rank as one of the largest gold equivalent ounce producersin Canada.”

On June 28, 2024, Troilus completed a Feasibility Study(available under Troilus’ corporate filings at www.sedarplus.ca ) for theTroilus copper-gold deposit which re-affirmed its position as a largescale, long-life mining project.  The study outlined a 22-year mineopen pit operation projected to produce an average of 303,000gold-equivalent ounces annually (see Troilus press release datedJanuary 7, 2025).  In addition, Troilus recently arranged over US$1.3billion in potential project financing through letters of interestfrom several internationally recognized top rated credit agencies (seeTroilus press releases dated November 13, 19, and 31, 2024).  Troilusis currently completing an Environmental and Social Impact Assessment(the “ESIA”) which is in its final stages.

David Watkinson stated, “While Troilus is still anumber of years away from production, Troilus is advancing the Projectat a steady pace.  It is our hope that their exploration efforts willcontinue over the next few years and potentially extend their resourceareas to the northwest and eventually onto the Troilus North Propertywhere Emergent’s NSR would be applicable”.

About Emergent

Emergent is a gold and base metal exploration companyfocused on Nevada and Quebec.  The Company’s strategy is to lookfor quality acquisitions, add value to these assets throughexploration, and monetize them through sale, joint ventures, option,royalty, and other transactions to create value for our shareholders(acquisition and divestiture (A&D) business model).  Examples ofsuccessful transactions to date include the acquisition and sale ofthe Troilus North Property, Quebec to Troilus Gold Corporation( TSX:TG )and the acquisition and sale of the East-West Property to O3 MiningInc. ( TSXV:OIII ).

In Nevada, Emergent’s Golden Arrow Property, a coreasset of the Company, is an advanced stage gold and silver propertywith a well-defined measured and indicated resource (see March 19,2018, press release for details) and a Plan of Operations andEnvironmental Assessment in place to conduct a major drilling program,subject to financing.  New York Canyon is a copper skarn and porphyryexploration property subject to an Option Agreement for Purchase andSale with Ivanhoe Electric Inc. ( NYSE:IE ).  Ivanhoe Electric can earn a 100%interest in New York Canyon by making US$2.0 million in cash/sharepayments (US$300,000 received to date) to Emergent by August 1, 2025(see March 1, 2024, press release for details).  The West Santa FeProperty (aka Mindora) is a gold, silver, and base metal propertysubject to a Lease with Option to Purchase Agreement with LahontanGold Corporation ( TSXV:LG ).  Lahontan can earn a 100% interest in theproperty by completing US$1.8 million in cash/share payments andUS$1.4 million in exploration expenditures over a seven-year period(see July 21, 2023, press release for details).  Buckskin RawhideEast is a gold and silver property leased to Rawhide Mining LLC,operators of the adjacent Rawhide Mine.  Should Rawhide Mining bringthe property into commercial production, Emergent will receive“bonus payments” of US$15-$20 per ounce of gold produced,depending on the gold price (see November 14, 2012, press release fordetails).

In Quebec, the Casa South Property is a goldexploration property located south of and adjacent to Hecla MiningCompany’s ( NYSE:HL ) operating Casa Berardi Mine and northof and adjacent to IAMGOLD Corporation’s ( NYSE:IAG ) GeminiTurgeon Property.  The Trecesson Property is a gold explorationproperty located about 50 km north of the Vald’Or mining camp.  Emergent has a 1% NSR in the Troilus NorthProperty and outlined above.  Emergent also has a 1% NSR in theEast-West Property, owned by O3 Mining Inc. and part of their MarbanAlliance Property.  O3 Mining has completed a NI 43-101Pre-feasibility study (see O3 Mining press release dated September 6,2022).

Note that the location of Emergent’s propertiesadjacent to producing or past producing mines or advanced stageproperties does not guarantee exploration success at Emergent’sproperties or that mineral resources or reserves will be delineated.

Qualified Person

All scientific and technical information disclosed inthis new release was reviewed and approved by David Watkinson, P.Eng.,an employee of Emergent and a non-independent qualified person underNational Instrument 43-101.

For more information on the Company, investors shouldreview the Company’s website at www.emergentmetals.com orview the Company’s filings available at www.sedarplus.ca .

On behalf of the Board ofDirectors
David G. Watkinson, P.Eng.
President & CEO

For further information, please contact:

David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emergentmetals.com

Neither TSX Venture Exchange nor itsRegulation Services Provider (as the term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

Cautionary Note onForward-Looking Statements

Certain statements made and information containedherein may constitute “forward looking information” and “forwardlooking statements” within the meaning of applicable Canadian andUnited States securities legislation. These statements and informationare based on facts currently available to the Company and there is noassurance that actual results will meet management’s expectations.Forward-looking statements and information may be identified by suchterms as “anticipates”, “believes”, “targets”,“estimates”, “plans”, “expects”, “may”, “will”,“could” or “would”. Forward-looking statements and informationcontained herein are based on certain factors and assumptionsregarding, among other things, the estimation of mineral resources andreserves, the realization of resource and reserve estimates, metalprices, taxation, the estimation, timing and amount of futureexploration and development, capital and operating costs, theavailability of financing, the receipt of regulatory approvals,environmental risks, title disputes and other matters. While theCompany considers its assumptions to be reasonable as of the datehereof, forward-looking statements and information are not guaranteesof future performance and readers should not place undue importance onsuch statements as actual events and results may differ materiallyfrom those described herein. The Company does not undertake to updateany forward-looking statements or information except as may berequired by applicable securities laws. TheCompany's Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers areurged to review these materials, including any technical reports filedwith respect to the Company's mineral properties.

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